Here's a rundown of 11 significant news stories to keep you in the know:
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India's largest cement manufacturer is interested in Kesoram's cement assets
UltraTech Cement Ltd., India's largest cement company has expressed interest in acquiring the cement assets of Kesoram Industries Ltd., people with direct knowledge of the matter told CNBC-TV18.
The sources also said that UltraTech is currently conducting due diligence at Kesoram Industries.
UltraTech is currently exploring both the options - either buying out the stake of Kesoram's existing promoters or an acquisition of the Kesoram's cement business, the sources said.
Uttarkashi tunnel rescue LIVE: Hope to rescue workers by today evening, says former advisor to PMO
Uttarkashi tunnel rescue LIVE: Pipe laying through the rubble to prepare an escape route for workers trapped at the Silkyara tunnel remained stalled on Friday morning with the platform on which the drilling machine stands being stabilised by shotcreting, an official said. Boring through the rubble was put on hold again on Thursday apparently after cracks appeared in the platform on which the drilling machine rests, in a fresh hurdle to the rescue of 41 workers trapped inside for 12 days.
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