2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Reliance Infrastructure Ltd (RInfra) has announced that it completed 100 percent sale of Reliance Cement Company Private Limited (RCCPL) to which company
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JK Lakshmi Cement
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Dalmia Cement
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Prism Cement
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Birla Corporation
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Explanation:
Detailed explanation-1: -Reliance Infrastructure completes 100% sale of cement unit to Birla Corp.
Detailed explanation-2: -Spurned by Lafarge, Birla Corp has acquired Reliance Infrastructure’s cement unit for ₹4, 800 crore.
Detailed explanation-3: -The Adani Group in 2017 had acquired R-Infra’s (then Reliance Energy) Mumbai power business including generation, distribution and transmission, in a ₹18, 800-crore deal.
There is 1 question to complete.