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SATISH PAI
Hindalco expects aluminium to shine bright downstreamUpstream operations typically involve extraction of raw materials to produce basic metal, the pricing for which is largely dependent on glo...- Hindalco eyes Rs 1,000 crore revenue by FY29 with Eternia experience centreHindalco Industries is targeting Rs 1,000 crore revenue by fiscal year 2029. This ambitious goal is driven by its Eternia brand, a fast-gro...
- Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGCIndian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a larg...
- Hindalco to deliver a robust show, Novelis will turn around in FY27: Satish PaiHindalco's managing director anticipates a stronger performance this fiscal year, with aluminium prices expected to remain high until late ...
- Hindalco sees 5% rise in raw material costs, stays confident on key customersHindalco anticipates a 5% rise in raw material costs. The company is confident in keeping clients like Ford Motor Company. Subsidiary Novel...
- Hindalco's India segment shines as profit and revenue hit record highsHindalco Industries achieved its highest ever revenue and profit for India operations in the March quarter. The company's India business de...
- Hindalco expects rise in exports as war disrupts aluminium supplyHindalco Industries anticipates a surge in aluminium exports to Japan, Korea, and Taiwan due to supply disruptions in the Gulf region cause...
- Trump impact neutral to positive for Novelis: Satish Pai, Hindalco MDHindalco Industries' MD Satish Pai indicated that US tariffs on aluminium will likely have a net neutral to positive impact on Novelis. Nov...
- US aluminium tariff impact neutral to positive for Novelis, says Hindalco MD Satish PalThe US tariff on aluminium will have a net neutral to positive impact on Novelis, according to Hindalco Industries' managing director Satis...
- Hindalco expects to gain from China scrapping export tax rebateHindalco Industries Ltd. anticipates benefiting from China's removal of tax rebates on aluminum and copper exports. The move is expected to...
- Hindalco to list Novelis only at its desired valuation, says MD Satish PaiHindalco Industries will list its US subsidiary Novelis only at a desired valuation, delaying the IPO due to market conditions. The company...
- Hindalco net debt negative in India; in Q2, EBITDA per tonne to come in a bit lower than in Q1: Satish PaiHindalco reported higher-than-expected sales for the quarter, driven by strong demand and operational efficiency. Consolidated EBITDA soare...
- We have guided for a Rs 5000 crore capex in FY24: Satish Pai, HindalcoI think if you look at it largely from a novelist viewpoint, auto and aerospace are doing extremely well and the demand is extremely strong...
- Hedged 50% aluminium sales; upside not fully captured: Satish Pai, Hindalco"We will be able to capture more of the upside... The cost of production will go up, but not as much as the LME has gone up. So, the margin...
- Novelis to step in to clear the air over Aleris deal: Satish Pai, MD, HindalcoThe European Commission, the EU’s executive branch has a deadline up till October 7 to decide on its investigation into the deal.
- Good operations and cost control behind Q3 success: Satish Pai, HindalcoWe want to bring down the revenue and income dependent on LME to 20% in 5 years, says Pai.
- Cost of aluminium production was 8% higher in Q2 compared to Q1: Satish Pai, HindalcoIn a very tough monsoon quarter, our aluminium results were very good, says Hindalco MD
- Hindalco to mostly look at organic growth: Satish PaiThe only slight negative is when you put the extra 10% on the customs duty, some of our input costs will go up. But we should be able to ma...
- Hindalco shares slip on share sale planThe metal flagship of the Aditya Birla Group is ‘relentlessly focused on deleveraging’ in the short term, Hindalco Managing Director Satish...
- Hindalco Industries finds its feet after two turbulent yearsBirla group’s aluminium company to focus on reducing its leverage ratio by selling non-core assets and improving operating profit under new...
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