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Reliance Cement business News

Reliance Infrastructure

04 Feb 2016

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.

Reliance Infrastructure

06 Nov 2015

RInfra to move aggressively on defence; quit roads, cement biz

Reliance Infrastructure (RInfra) Wednesday reported a tepid 4.62 percent rise in net profit for July-September quarter at Rs 451.1 crore, and said it will focus on the defence sector, while exiting the cement and road businesses by monetising these assets.

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