Sun's strong gravity helps India Inc's pullSun Pharma has expanded its horizons by acquiring Organon, a notable New Jersey pharmaceutical firm. This strategic acquisition fortifies S...
27 Apr, 2026, 11.27 PM IST
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...
05 Nov, 2025, 11.47 AM IST
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...
18 Sep, 2025, 11.03 AM IST
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...
14 Jan, 2025, 11.06 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
Hindalco to pump in USD 10 billion for expansion in India, US: KM BirlaHindalco is currently evaluating a nearly 200,000 tonne-brownfield expansion at its Aditya Aluminium smelter in Odisha, which will be subst...
22 Aug, 2024, 07.43 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
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”.
15 May, 2024, 05.47 PM 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'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...
20 Feb, 2024, 08.52 PM IST
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...
09 Nov, 2022, 12.20 PM IST
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.
23 Mar, 2021, 09.06 AM IST
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.
04 Feb, 2021, 04.51 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
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.
11 May, 2017, 10.21 AM IST
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.
13 Jan, 2015, 10.25 AM IST
- Novelis Inc's Q3 net dips to USD 12 million
Novelis 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 ...
08 Feb, 2012, 10.15 PM IST