Hindalco to spend nearly $7 billion on capex in 3-5 yearsHindalco Industries plans to invest $7 billion in capital expenditure over three-five years, focusing on Novelis and Hindalco India. The Ba...
30 Jul, 2024, 08.17 PM IST
Hindalco defers Novelis’ $945 mn US listingHindalco Industries has postponed the proposed $945-million listing of Novelis Inc due to concerns about potentially below-premium valuatio...
06 Jun, 2024, 07.13 AM IST
KM Birla said to mull seeking $1.2 billion in Novelis IPONovelis IPO: Hindalco may target a valuation of about $18 billion for Atlanta-based Novelis, the people said, asking not to be identified b...
08 May, 2024, 04.05 PM IST
Hindalco share price surges 5% after US subsidiary Novelis files for IPOHindalco share price: Hindalco share price surged nearly 5% to Rs 536 in Wednesday's intraday trade on BSE after the firm’s subsidiary Nove...
21 Feb, 2024, 12.40 PM IST
Hindalco arm Novelis eyes US IPO, files papersThe company is wholly owned by Hindalco through its subsidiary AV Minerals (Netherlands) NV, which will offload shares for the public offer...
21 Feb, 2024, 06.43 AM IST
Q3 results today: Hindalco Industries, BHEL, IRCTC among 500 companies to announce earningsOn Monday, over 299 companies announced their December quarter earnings which included the likes of NHPC, Coal India, 63 Moons Technologies...
13 Feb, 2024, 08.27 AM IST
Novelis to raise $300-350 mn from Axis Bank in GIFT CityThe bilateral short-term loan is being raised from Gujarat GIFT city and will likely be priced after adding about 70-85 basis points over t...
24 Jan, 2022, 10.37 PM IST
Hindalco Q4 preview: Consolidated PAT likely to jump 78% on strong operating showThe company will announce its March quarter earnings on Friday.
20 May, 2021, 03.07 PM IST
Hindalco will be back to pre-covid levels by the second half of FY21: Kumar Mangalam Birla“At Novelis (Hindalco’s wholly owned subsidiary) too all plants are operational, and many are now running at their full capacity. All the a...
10 Sep, 2020, 06.18 PM IST
Hindalco closes $2.8 billion deal to acquire AlerisThis comes at a time when the metals and mining sector is undergoing a severe downturn and tepid demand growth globally.
14 Apr, 2020, 09.51 PM IST
Birla group co Novelis to raise $1.6 bn via bondsThe bonds are likely to have eight-to-ten year maturity, and the issue is open for subscriptions in the US, three people with direct knowle...
13 Jan, 2020, 11.17 PM IST
Kumar Mangalam Birla steers talks to bring home AlerisKumar Birla stepped in to lead talks with the private equity owners of Aleris to get negotiations moving again.
23 Jul, 2018, 08.51 AM IST
Hindalco weighing bid to acquire Aleris Corp of USAn acquisition of Aleris will help Hindalco and Novelis consolidate further in the can and auto segments, the margins for which have been i...
16 Oct, 2017, 12.03 AM IST
- Novelis to sell foil plants in Europe
Aditya Birla Group firm Novelis today said it is selling three aluminium foil manufacturing plants in Europe to American Industrial Acquisi...
05 Mar, 2012, 11.33 PM IST
- Novelis may bid for Rio Tinto Alcan unit
Novelis, the international subsidiary of Hindalco Industries, could bid for the rolled products division of global metals major Rio Tinto A...
21 Jun, 2010, 01.41 AM IST
- Novelis buyout gets AV Birla group its first woman chief
The AV Birla group has just acquired its first-ever woman chief executive in Martha Finn Brooks, who has been appointed as president and ch...
19 May, 2007, 02.17 AM IST
- LIC hikes stake in Hindalco to 9 pc
Hindalco had earlier seen its share price plunge 14 per cent.
09 May, 2007, 06.49 PM IST