R-Infra sells cement business to birla corp

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Reliance Infrastructure plans to sell its cement business to kolkatta based birla corp for Rs.4800.

Reliance Infrastructure (R-Infra), part of the Anil Ambani-controlled Reliance Group, on Thursday said it was selling its cement business to Kolkata-based Birla Corp, the M P Birla Group firm now controlled by Harsh Lodha, for Rs 4,800 crore.

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