Bloomberg An investor group led by Dalmia Bharat Ltd. with backing from Bain Capital submitted the highest bid for India’s Binani Cement Ltd., which is being sold under the country’s insolvency process, people with knowledge of the matter said. The Dalmia Bharat consortium made a final offer of more than 63 billion rupees ($981 million), according to the people, who ...

Bloomberg Tropical Cyclone Kelvin is crossing the Kimberley coast in Australia’s northwest with destructive winds likely near the center over the next few hours as the storm moves inland, according to the Bureau of Meteorology. Kelvin, a Category 2 system on a scale of one to five, is moving east at 9 kilometers (5 miles) per hour with sustained winds ...

Bloomberg In the global race to use human immune cells to fight cancers, a little-known Chinese firm called GenScript Biotech Corp. is emerging as one of the biggest stock gainers. Among the first Chinese developers of so-called CAR-T cancer therapies, GenScript’s shares have risen more than sixfold since June, when it reported positive results from early studies in 35 patients ...