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ET Markets - Industry 58d ago
Aditya Birla group, KKR left in race for Sprng Energy
Aditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negotiate with the top two contenders next week. India's National Investment and Infrastructure Fund and Actis are out of the running. The deal could be worth around $2 billion. Shell is reviewing strategic options for Sprng Energy.
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LiveMint - Companies 118d ago
Cement capacity race with Birla group may ease as Adani shifts focus to margins
The rivalry between the Adani Group and the Aditya Birla Group’s UltraTech Cement Ltd has resulted in rapid manufacturing capacity expansion. In the last three-and-a-half years, the two conglomerates have added nearly 120 mtpa of cement manufacturing capacity between them.
ABCAPITALABFRLABGSECABLBLABRELABSLAMCABSLBANETFABSLLIQUIDABSLNN50ETABSLPSEADANIENTBIRLACORPNBIRLAMONEYBSLGOLDETFBSLNIFTYBSLSENETFGFOCUSGSEC10ABSLHEALTHYJKCEMENTMOMENTUMNIFTYQLITYRACESILVERTECHULTRACEMCOConstruction MaterialsConsumer Durables