India: Birla's UltraTech, Dalmia emerge as lead bidders for Binani Cement

India: Birla's UltraTech, Dalmia emerge as lead bidders for Binani Cement

Photo: Bloomberg

Billionaire Kumar Mangalam Birla and an investor group led by Dalmia Bharat Ltd are emerging as the lead bidders for India’s Binani Cement Ltd, which is being sold under the country’s insolvency process, people with knowledge of the matter said.

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