Reuters are reporting that government data shows that India's infrastructure output grew an annual 5.7% in February, its fastest pace in at least 13 months. This result was predominantly driven by a surge in production of cement and fertilisers.
Infrastructure accounts for nearly 38% of India's industrial output.
Cement production last month was up 13.5% from the same period a year earlier.
The company has entered into a definitive sale and purchase agreement with Engie SA to acquire Engie's 60.48% stake in Engie Eps SA for €17.10 per share in cash, for an aggregate consideration of €132 million.