UltraTech Signs Pact With Binani Industries Even As Insolvency Proceedings Continue
A worker unloads a sack of cement from a freight train in Mumbai, India (Photographer: Kuni Takahashi/Bloomberg)

UltraTech Signs Pact With Binani Industries Even As Insolvency Proceedings Continue

UltraTech Cement Ltd., vying with the Dalmia Bharat Group to buy Binani Cement Ltd., today entered into an agreement with Binani Industries Ltd. to buy its cement arm for Rs 7,266 crore, even as th...
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