UltraTech bids for Holcim's India assets

UltraTech Cement Ltd, India’s largest cement maker, has submitted a non-binding bid for Holcim Ltd’s India assets Ambuja Cements Ltd and ACC Ltd, two people aware of the development said. Details about UltraTech’s bid could not be immediately ascertained. A spokesperson for Aditya Birla Group, which controls the cement maker, declined ......