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Birla Corporation gets limestone block in Rajasthan

Representative Image KOLKATA: Birla Corporation Ltd on Friday said it has been declared the preferred bidder for the Gourum Khan Ki Dhani (South) limestone block in Rajasthan, following an e-auction conducted by the state government. The limestone block is located in Jaisalmer district and covers an area of 499.6394 hectares, the company said. “The company emerged as the preferred bidder with the highest final price offer of 20.60 per cent,” it said in the regulatory filing. The block is situated in a region known for high-quality cement-grade limestone and forms part of a larger mineral-rich belt in western Rajasthan. The…

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Dalmia Bharat, Birla Corp incentive demand at risk after West Bengal scraps subsidy schemes

KOLKATA: Two major companies, Dalmia Bharat Ltd and Birla Corporation, said that about Rs 430 crore in promised state incentives may now be at risk after the West Bengal government scrapped several industrial subsidy schemes in 2025. An official of Dalmia Cement (Bharat) Ltd (DCBL), a wholly owned subsidiary of Dalmia Bharat, stated that it was supposed to receive Rs 236.32 crore along with 8 per cent interest under the now-revoked ‘WB State Support for Industries Scheme 2013’. Dalmia Bharat operates a cement plant with a capacity of four million tonnes in Paschim Midnapore district. Birla Corporation Ltd, another affected…