Indian conglomerate Aditya Birla group is understood to have started the process to bid for acquiring Australian coal company New Hope valued at an estimated USD 5.2 billion.

Talks between Aditya Bi

Tata group is looking at the assets of Australia's New Hope Corp, a $5 billion coal miner that put itself up for auction last month, and could consider a bid in the future, a source with direct knowle