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NOVELIS INC
- Hindalco drops plan to buy US' AluChem over extended delaysHindalco Industries has scrapped its $125 million acquisition of US-based speciality alumina maker AluChem Companies after prolonged delays...
EU dropped aluminium scrap duty plan over India concerns, sources sayThe European Union has dropped a proposed export duty on aluminum scrap. This decision was made to avoid complicating a free trade agreemen...- Metal stocks: Time to contradict analyst expectations? 5 metal stocks with upside potential from a low 2% to a high of 17%For a long time, there was a familiar pattern in the metal sector. When prices were high and times were good, companies borrowed heavily to...
- ET World Leaders Forum: Corporate India bullish on country's growth story, says Kumar Mangalam BirlaAditya Birla Group chairman Kumar Mangalam Birla said India Inc’s confidence in the country’s growth prospects remains strong, with compani...
- Novelis targets debt reduction as it aims to bring leverage below 4xBy fiscal year-end, Novelis expects its net leverage ratio to fall beneath four times, as they wind down their peak capital expenditure eff...
- India Inc goes on a global shopping spree with a new wishlistIndian companies are increasingly pursuing strategic overseas acquisitions. They now focus on acquiring capabilities and technology rather ...
- Novelis expects cash flow impact of up to $650 mn from Oswego fireNovelis anticipates a $550-$650 million negative impact on free cash flows this fiscal due to a September fire at its Oswego unit. The comp...
- Fire at Hindalco's Novelis plant in New York; production haltedHindalco Industries announced a halt in production at its Novelis plant in Oswego, New York, following a fire on September 16, 2025. The co...
- Novelis renews supply deal with Thyssenkrupp AerospaceNovelis Inc., the US subsidiary of Hindalco Industries, has renewed its multi-year partnership with thyssenkrupp Aerospace for supplying sp...
- 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...
- Novelis may go for up to $1.5 billion IPO in JuneThe wholly-owned subsidiary of Hindalco Industries intends to list its shares on the New York Stock Exchange under the symbol “NVL”.
- 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...
- Hindalco's arm Novelis files draft papers for US IPOIn the IPO, the common shares are expected to be offered by Novelis’ sole shareholder. Novelis will not receive any proceeds from the IPO a...
- Hindalco shares fall over 4% after Novelis' Q2 net income drops 23%The company delivered a solid second quarter despite challenging headwinds from inflation, the stronger US dollar, and reduced metal benefi...
- Novelis to offer $595-mn Euro-denominated senior green notesThe €500 million in aggregate principal amount notes will be offered in a private offering, the company said in a press statement on Monday.
- Novelis Q3 results: Net income rises to $177 millionThe company had posted a net income of USD 107 million in the year-ago period, Hindalco Industries said in a filing to BSE.
- 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...
- Hindalco surges 5 per cent on Novelis' March quarter results, JVHindalco's share jumped 5 per cent as Novelis Inc announced net income of $ 73 million.
- Hindalco rallies over 2% as rival Alcoa earnings beat forecastsHindalco Industries Ltd surged as much as 2.2 percent in trade on Tuesday, after global rival Alcoa Inc's earnings beat forecasts.
- Novelis Inc's Q3 net dips to USD 12 millionNovelis Inc, a subsidiary of Hindalco Industries, has posted a net loss to $ 12 mn for the quarter ended Dec 31, 2011 against USD 46 mn in ...
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