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NOVELIS ROYALTY PAYMENTS
Aditya Birla Group levies royalty on Grasim, Hindalco, Novelis for brand use from June 2026Aditya Birla Group companies will pay a brand royalty starting June 2026. A 0.25% revenue royalty is mandated, capped annually at Rs 225 cr...- Hindalco poised for growth, coal-related issues expected to get resolved after fresh auctionsFor Hindalco, coal-related issues came at the worst possible moment. The metals major was undergoing an ambitious capacity expansion.
- Tata, Hindalco & Hindustan Zinc remain our top three picks: Prasad Baji, Edelweiss SecuritiesOn Tata Steel, the positive is that their three million tonne expansion in Jamshedpur is complete and in the March quarter they have been a...
- Vedanta-Cairn deal biggest ever for Indian energy sectorThe transaction is also probably the fourth largest M&A (merger and acquisition) deal involving an Indian company.
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