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UTKAL ALUMINA PROJECT
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...- For investors who can think beyond war and austerity measures: 5 large-caps from different sectors with upside potential of 31%A bounce-back after a correction should not be confused with the disappearance of risk. Geopolitical tensions may have faded from daily hea...
- Nalco shares surge on strong Q4 performanceShares of National Aluminium Co (Nalco) surged by over 5% as its Q4 revenues and profits beat market estimates. The Indian government-run f...
- L&T commissions expansion project of Utkal alumina refineryWith this expansion, the alumina production capacity of the refinery has been upgraded from 1.5 MTPA to 2 MTPA, Larsen & Toubro said in a s...
- Hindalco Q1 profit jumps 43% YoY to Rs 414 crore, beats Street estimatesRevenue from operations increased marginally by 1.74 per cent YoY to Rs 10,593.21 crore.
- Utkal Alumina gets IDA Award for CSR in educationUtkal Alumina International Ltd has been conferred with 'IDA Award 2015 for Excellence in CSR in Education' by providing access to quality ...
- Hindalco now entering consolidation phase: Kumar Mangalam BirlaThe alumina and aluminium capacity of Hindalco, an Aditya Birla group firm, will be doubled after its mega-expansion plans are completed.
- Hindalco manages to refinance Rs 4,700 crore from SBI and Axis Bank for its Utkal alumina projectAt an interest rate of 10.15% payable over an eight-year period, this will imply a reduction of a whopping 300 basis points from the previo...
- Odisha to hold gram sabhas in 12 villages onlyOdisha will conduct gram sabhas in 12 villages of Kalahandi and Rayagada districts between July 18 and August 19 to decide fate of bauxite ...
- NALCO inks MoU with Mines Ministry for higher production,salesNALCO has signed an agreement with the Union Ministry of Mines regarding physical and financial targets for 2013-14 financial year.
- Nalco targets 10% higher sales turnover in FY'14Nalco has signed an MoU with the Ministry of Mines, on production and financial targets for the 2013-14 financial year.
- Utkal Alumina to commission Odisha refinery by March-endThe project, however, faced the wrath of environmentalists and project- affected people and ever since it has been languishing for the past...
- Hindalco: Worst seems to be overWith the commencement of Mahan smelter and Utkal alumina refinery in nearly three months' time, worse days for Hindalco seem to be over.
- Birlas get 'green' signal for expansion in OrissaThe Aditya Birla group will double capacity at its alumina unit in Orissa after receiving environmental clearance.
- Hindalco mulls Rs 21,000-cr capex, promoters to hike stakeHindalco has drawn-up a Rs 21K cr capex plan for the next two-years even as its promoters are looking at increasing their stake in the comp...
- Hindalco arm ties up Rs 4,906 cr debt for Orissa projectHindalco today said its subsidiary Utkal Alumina has tied up Rs 4,906 crore debt from a group of banks for its refinery project in Orissa.
- L&T bags Rs 1,372 cr orders from steel firmsDiversified engineering firm Larsen & Toubro (L&T) today said it has received three orders worth Rs 1,372 crore from three different steel ...
- Hindalco snaps up entire Alcan stake in UtkalHindalco has completed its bid to own Utkal Alumina, a JV it had with Alcan, when it agreed to buy out the Canadian company's 45% equity st...
- Hindalco buys Alcan's 45% stake in UtkalHindalco on Wednesday acquired 45 per cent stake in Utkal Alumina International Ltd from Canadian mining giant Alcan for an undisclosed sum.
- Hindalco says has first right to buy Alcan stake in JVAditya Birla group flagship Hindalco Industries on Tuesday said it has the first right to buy the stake held by global aluminium giant Alca...
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