India: The story of how Birla Corp sealed cement deal with Reliance Infra

India: The story of how Birla Corp sealed cement deal with Reliance Infra

Photo: Mint

Last July, when Reliance Infrastructure Ltd first offered its cement business to Harsh Vardhan Lodha, the chairman of Birla Corp. Ltd saw it as a distraction: at the time, he was completely focused on acquiring two units of Lafarge India Pvt. Ltd which were on the block under an order of the Competition Commission of India.

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