'Buying Novelis was the right decision'Kumar Mangalam Birla is hopeful that joint efforts of the Hindalco-Novelis team will help defuse the crisis at Novelis.
- Nalco inks deal with Rio Tinto to widen global footprint
National Aluminium Co (Nalco), a navratna company and Asia’s largest integrated aluminium producer, is out to have a wider footprint.
- Vedanta puts India Foils on the block
Vedanta group company India Foils, the country’s largest aluminium foils maker, is on the block. Vedanta has appointed KPMG to scout for po...
- Alcan rejects Alcoa, talks to BHP
Canadian giant Alcan is in talks with the world’s biggest miner BHP Billiton as it seeks to escape a hostile bid from US rival Alcoa, the d...
- Russian firm taps Ruias for Orissa alumina plant
It has now been reliably learnt that Rusal has approached the Ruias of Essar to jointly build a 1 million-tonne alumina refinery plant in O...
- Caps & closures: It's just the beginning
Small in size and cost, multi-coloured, simple and yet complex, caps and closures are vital ingredients used by the packaging industry.
- The men who matter in the Corus-Tata deal
At Corus, after its somewhat traumatic past, it’s only in the past few years that the company and its new management team have managed to t...
- Peugeot CEO Folz to 'exit' in Jan
The chief executive of French carmaker PSA Peugeot Citroen will retire in January, the company said on Friday, fuelling speculation he was ...
- Govt to propose 3-yr lock in period for Nalco partner
Government will propose a three year lock in period for transfer of shares by the strategic partner subsequent to privatisation of National...
- Govt shortlists 15 bidders for Nalco stake
Even as the Cabinet continues to debate over the issue of privatisation, the government has shortlisted nearly 15 prospective bidders inclu...
- Nalco: Looking for the right match
The entire disinvestment exercise could not have been more mistimed. After prolonging the disinvestment process for more than a year, the g...
- Govt says to float 20% of Nalco as ADRs
MUMBAI: The Government on Monday said it planned to sell a 10 per cent stake in Nalco through a domestic issue and 20 per cent through the ...
- Mines ministry favours ADR for Nalco sell-off
NEW DELHI: The mines ministry has favoured an American Depository Receipt issue for diluting government stake in National Aluminium Company...