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ODISHA ALUMINIUM PROJECT
States should mine more, not tax more: The fiscal lesson from OdishaNew legislation will remove state powers to levy taxes on minerals. This change is expected to encourage investment and increase mineral pr...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20%It was after quite some time that market breadth, always a better indicator of underlying sentiment, was positive for a few trading session...
Vedanta Aluminium shares in a sweet spot, says ICICI Securities; initiates coverage with Buy ratingICICI Securities has initiated coverage on Vedanta Aluminium Metal (VAML) with a 'Buy' rating and a target price of Rs 520, implying over 1...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Market mood rarely turns all at once. It turns in stages. And India's mood might have just entered the first of them: Because of a commodit...
Aditya Birla Group proposes Rs 12,000 crore Odisha alumina refinery expansionAditya Birla Group plans a significant Rs 12,000 crore investment for its Odisha alumina refinery. This expansion will triple the refinery'...
Aditya Birla Group eyes Rs 12,000 crore investment to expand Kansariguda alumina refinery in OdishaOdisha Chief Minister met with Kumar Mangalam Birla to discuss investments. The Aditya Birla Group proposed expanding its Kansariguda alumi...
NALCO shares in focus on JV with NLC India for 1,080 MW thermal plant in OdishaNational Aluminium Company and NLC India have signed an agreement for a joint venture. This new entity will establish a 1,080 MW captive th...
Nalco, NLCIL sign JV pact to set up 1,080 MW captive power plant in OdishaNational Aluminium Company and NLC India have signed a joint venture agreement. They will jointly establish a 1,080 MW thermal captive powe...
Adani storms Hindalco-Vedanta duopoly with Rs 1.1 lakh crore gambitGautam Adani's $11.5 billion aluminium joint venture with IHC marks his biggest bet yet on India's industrial future. Rather than challengi...
Global stocks: UAE markets end higher; IHC gains on India aluminium ventureUAE stock exchanges enjoyed a remarkable jump on Friday, paralleling an upswing in global indices after a lackluster U.S. jobs report eased...
Adani-IHC foray may rejig India's aluminium market mixAdani Group is set to disrupt India's aluminium market with an $11.5 billion venture, challenging Hindalco and Vedanta. The project, slated...
India can become net aluminium exporter with competitive production, says Karan AdaniIndia can become a major aluminium exporter if production costs are competitive, according to Karan Adani. Despite existing capacity, the n...
India, UAE groups ink pact for $11.5 billion Indian aluminium projectIndia's Adani Group and Abu Dhabi's International Holding Company are looking to invest $11.5 billion in a massive aluminum project in the ...
Adani Enterprises, Odisha govt sign pact for Rs 1.08 lakh crore aluminium plant with IHCAdani Enterprises is set to invest a massive Rs 1.08 lakh crore in Odisha for a new greenfield aluminium project, in partnership with Abu D...
Vedanta Aluminium shares jump over 3% as Emkay starts coverage with Buy call. 3 reasons whyVedanta Aluminium shares surged after Emkay initiated coverage with a 'Buy' rating and a Rs 550 target, citing strong medium-term prospects...
Adani, IHC plan to forge $11.5 billion aluminium unitAdani Group and Abu Dhabi's International Holding Company are set to invest a massive $11.5 billion in a new Odisha aluminium plant. This a...
Vedanta's Rs 1 lakh cr projects to be reviewed every fortnight to ensure timely completion: Odisha CM MajhiOdisha Chief Minister Mohan Charan Majhi announced that Vedanta's proposed projects, valued over Rs 1 lakh crore, will undergo fortnightly ...