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ALUMINIUM ALLOY PROJECT
Odisha govt approves 20 mega investment proposals worth Rs 76,612 croreOdisha's government has approved 20 mega investment proposals totaling Rs 76,612 crore, projected to create over 50,000 jobs. These signifi...- 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...
- Can CMR Green's IPO deliver long-term gains for high-risk investors?CMR Green Technologies, a non-ferrous metal recycler, plans to raise ₹630 crore via an offer for sale. The company, heavily reliant on recy...
- Wholesale inflation hits 42-month high of 8.3% in AprilIndia's wholesale inflation reached an 8.3% peak in April, a 42-month high. Rising fuel, power, and crude oil prices fueled this surge. Exp...
- ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
- Ahead of Market: 10 things that will decide stock market action on MondayIndian stock markets experienced sharp cuts on Thursday, with Nifty and Sensex declining due to rising oil prices and a falling rupee. Sell...
- In war, anything can happen; in investing, only management matters. 6 stocks from different sectors with upside potential of up to 27%Net margin is a useful metric. It tells you how much profit remains after costs, interest, and tax are deducted from revenue. But it does n...
- Odisha advances industrial push with Rs 3,877 crore infusionThese investments span advanced manufacturing, green industries, healthcare, and tourism, reinforcing the state's industrial growth and eco...
- WPI inflation hits 38-month high of 3.9% in March as soaring energy, crude prices amid West Asia war drive up costsIndia's wholesale inflation reached a 38-month peak of 3.9% in March. This surge was fueled by rising costs of crude oil, energy, and manuf...
- Vedanta Group to invest additional Rs 1 lakh crore in OdishaVedanta Group plans a significant Rs 1 lakh crore investment in Odisha. This expansion will generate over one lakh direct and indirect empl...
- Study finds high-end aluminium alloy project in AP commercially unviable: Nalco reportA joint venture between Nalco and MIDHANI to establish a high-end aluminium alloy plant in Andhra Pradesh has been deemed commercially unvi...
- Hindalco, Texmaco to make aluminium rail wagons, coaches; to invest Rs 200 crThe companies are identifying land in the Eastern region to set up a manufacturing unit and will invest around Rs 200 crore, Sudipta Mukher...
- Mishra Dhatu Nigam's CMD on company's expansion plans & margin pressure"Today, Midhani is the only company that is manufacturing Titanium alloys. The capacity enhancement programme is going on and after six-sev...
- We are looking beyond aluminium to create a company of the future: Nalco Chairman"For the first time, exploring prospects of sourcing lithium in Gujarat and Rajasthan," Nalco chairman TK Chand said.
- Nalco launches R&D centre in BhubaneshwarAn R&D agreement was also signed with Chalieco, China for separation of iron concentrate from Red Mud.
- Nalco, MIDHANI plan to set up lithium-aluminium alloy plant“Lithium-aluminium alloy is an extremely expensive alloy (sells for around Rs 40 lakh a tonne),” Nalco Chairman Tapan Kumar Chand told ET.
- Diamond Power Infrastructure Limited registers negative growth in net profit and salesAn integrated player in the power equipment and EPC segment Diamond Power Infrastructure Limited (DPIL), posted a net profit of Rs 29.63 cr...
- China's aluminium firm eyes Australia for future investmentsA Chinese aluminium giant and an Australian university have decided to set up a light alloy research centre to further promote the long-ter...
- Govt slashes customs dutyIn a move aimed at bringing inflation under control, the government cut customs duty on 11 product categories.
- Aurangabad to host Hindalco-Almex JVAlmex is a technology supplier and equipment manufacturing company based in Los Angeles while the Rs 11,396.50-crore Hindalco is India’s le...
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