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RInfra completes 100% sale of cement biz to Birla Corp

 Anil Ambani-owned Reliance Infrastructure has completed the sale of its 100 per cent shareholding in Reliance Cement Company (RCCPL) to Birla Corporation, the flagship Company of the MP Birla Group.

Birla Corp clinches cement deal with RInfra; to pay Rs 4,800 crore

Birla Corp clinches cement deal with RInfra; to pay Rs 4,800 crore

Reliance Infrastructure (RInfra) Thursday sold its cement business arm to Birla Corporation for Rs 4,800 crore, a deal that will help Anil Ambani-led Group lower its debt burden.

Birla Corporation to take legal action against Lafarge India

Birla Corporation, flagship firm of the M P Birla Group, Tuesday said it will take legal action against Lafarge India over the firm's "inability" to go ahead with the deal to sell its Jojobera and Sonadih cement plants.

Birla Corporation eyes 15 MT cement capacity in 4 years

M P Birla Group firm Birla Corporation is looking to ramp up its cement production capacity to 15 million tonnes (MT) in the next four years.

Birla Corp Q4 standalone Net up 9% at Rs 28.46 crore

Birla Corporation on Thursday reported a 9 percent growth in its standalone net profit at Rs 28.46 crore for the quarter ended March 31, 2015.

Birla Corp to take legal recourse against mine deallocation

Birla Corporation, the flagship company of the M P Birla Group, is taking legal recourse against the Coal Ministry's decision to deallocate its coal block in Madhya Pradesh.

Birla Corp to invest Rs 2,500 cr in three years

"We are investing Rs 2,500 crore to increase cement production capacity by 4.5 million tonnes over a period of three years and to make certain other investments," Birla Corporation Chairman Harsh V Lodha said.

Birla Corp Q4 net rises 26% to Rs 72.62 cr

Birla Corporation Ltd Monday reported over 26 percent increase in net profit at Rs 72.62 crore for the fourth quarter ended March 31, 2013.