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In the grinding battle for cement, UltraTech makes a big move in the south

By Livemint - 3 months ago
UltraTech will buy out India Cements promoters N. Srinivasan and associates, followed by an open offer for 26% in the company. The move marks the exit of Srinivasan from India Cements, and a new milestone in UltraTech's effort to retain its leadership of the cement market

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