Birla Corporation to focus on brand building post Reliance Cement takeover

After the signing of the agreement to acquire the cement business of Reliance Infrastructure, Kolkata-based Birla Corporation is now focusing on building a brand image for its cement range.

Officials close to the development said that a lack of brand-building activity had resulted in the company owning a marginal market share in the northern part of the country.

Read Full Article Over Here: Business Standard News

Mumbai power arrangement should suffice for a decade

Mumbaikars should continue to get power without interruption for at least a decade more, with the installation of additional transmission lines by the two bulk suppliers, Tata Power and Reliance Infrastructure.

Of the present daily demand of 3,300 Mw (growing at three to four per cent yearly), 2,200 Mw is met by these two private companies; the rest is brought from outside the city. The peak demand was 3,600 Mw during 2014-15. Rhere are 600,000 consumers with Tata and another three million with R-Infra. Another 900,000 get it through the BrihanMumbai Municipal Corporation.