These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsWhen will the Gulf war end? No one can answer that with any certainty. But whenever it ends, the probability is that volatility will contin...
02 Apr, 2026, 11.56 PM IST
Hindalco arm Novelis raises $750 million via 5-year bondsNovelis Inc., Hindalco’s overseas arm, raised $750 million through 6.88% five-year bonds. Proceeds will repay $738 million in credit facili...
09 Jan, 2025, 07.03 PM IST
Novelis Inc plans to raise USD 750 million via bondNovelis Inc, a part of Hindalco, plans to raise USD 750 million through bonds. The proceeds will be used to repay USD 738 million of debt a...
09 Jan, 2025, 11.34 AM IST
Motilal Oswal raises target price for Hindalco, sees upside potential of 15%Hindalco's target price raised to Rs 800 by Motilal Oswal as they plan a USD 6.9 billion capex for capacity expansion.
11 Jul, 2024, 03.21 PM 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
Hindalco falls 7% as subsidiary's client cuts forecastBall Corporation, a US manufacturer of beverage cans, reduced its five-year volume growth outlook for North America due to sluggish demand....
26 Sep, 2022, 01.34 PM IST
US proposes Novelis to divest automotive body sheet biz in North America"Today's proposed divestiture preserves competition in the market for aluminum automotive body sheet and protects automakers and American c...
13 May, 2020, 01.57 PM IST
Novelis Inc gets nod to complete acquisition of AlerisEarlier, the European Commission had determined that the acquisition could proceed on the condition that Novelis divest Aleris' plant in Du...
09 Apr, 2020, 06.30 PM IST
European Commission clears Novelis' acquisition of Aleris, with conditionsThe Belgian plant of Aleris, another US-based aluminium rolled products major produces aluminium for the automotive and specialty markets.
01 Oct, 2019, 06.48 PM IST
US sues to prevent Aditya Birla group subsidiary's acquisition of AlerisA defiant Novelis asserted that it will challenge the lawsuit and is going ahead with its proposed acquisition of Aleris Corporation.
05 Sep, 2019, 09.28 AM IST
Hindalco shares rally over 4% as arm to acquire Aleris for $2.58 bn; should you buy?Jefferies said that Aleris deal is rich in valuation but risk reward still positive.
27 Jul, 2018, 10.26 AM IST
Novelis taps Asian banks to refinance $1.8 billion term loansNovelis is the Atlanta headquartered arm of Aditya Birla group flagship Hindalco.
05 Jan, 2017, 09.59 PM IST
- Hindalco to acquire alumina refinery from Novelis
In 2007, Novelis was acquired by Hindalco Industries and following the merger, Novelis became a wholly owned subsidiary of Aditya Birla Gro...
18 Jan, 2013, 02.40 PM IST
- Inside the Novelis turnaround
Kumar Mangalam Birla overruled managers and took the risky decision to buy Novelis for $6 billion. Now, he's rolled up his sleeves and turn...
04 Oct, 2010, 05.26 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
- Kumar's A-team was on the job
Hindalco’s process of acquiring Novelis Inc started five to six months ago. According to chairman Kumar Birla, there was a high profile tea...
12 Feb, 2007, 03.33 AM IST
- Hindalco to acquire Novelis for $6 bn
India Inc.'s acquisitions binge continues to forge ahead. The latest in the fold is US based aluminium maker Novelis.
11 Feb, 2007, 11.30 AM IST