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Dalmia Bharat 'adopts' Red Fort: Opposition questions govt move to give private entity mandate to maintain monument
•Congress questioned how a private entity was given the mandate to maintain the iconic Red Fort, days after a corporate house signed an agreement with the tourism ministry under its 'Adopt a Heritage' project
Red Fort 'adopted' by cement company Dalmia Bharat, MoU signed with tourism ministry under 'Adopt A Heritage' scheme
•The Ministry of Tourism signed an MoU with Dalmia Bharat and the Archaeological Survey of India to adopt the iconic Red Fort monument in New Delhi under the 'Adopt a Heritage' project
UltraTech ups the stakes with improved Rs 7,990 crore offer for beleaguered Binani Cement
Fp Staff •UltraTech Cement tabled a fresh offer, for Binani, to the resolution professional on 14 April. But, a new problem seems to have surfaced.
Binani Industries to move Supreme Court with Rs 7,618 cr offer, has assurance of support from most lenders, says co
•Binani, backed by Aditya Birla groups UltraTech Cement, has already received comfort letter for financial support.
UltraTech says some Binani Cement creditors back its $1.1 billion bid outside of bankruptcy process
•UltraTech said it had secured backing from some creditors of Binani Cement to buy firm for $1.1 billion outside of a bankruptcy process
Rakesh Jhunjhunwala, Radhakishan Damani battle it out with big industry players to bid for Binani Cement
Fp Staff •The banks had claimed Rs 3,884 crore unpaid loans due on Binani Cement that included borrowings from the SBI, Canara Bank and Bank of Baroda.