IBC: Binani Cement Promised To UltraTech Even As Dalmia Bharat Wins Insolvency Bid
Workers unload sacks of cement from a freight train in Mumbai, India. (Photographer: Kuni Takahashi/Bloomberg)

IBC: Binani Cement Promised To UltraTech Even As Dalmia Bharat Wins Insolvency Bid

Binani Industries Ltd. will seek termination of the ongoing insolvency process against its cement arm after UltraTech Cement Ltd. agreed to buy the debt-laden company.The board of Binani Industries...
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