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ALUMINIUM UNIT FIRES
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...- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsFor the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at ...
- Hindalco shares rise 2% on Novelis' upbeat commentary; US arm reports $84 million net lossHindalco shares gained 2% after US arm Novelis plans to reopen its Oswego hot mill sooner than anticipated, despite a higher projected cash...
- Stocks in news: Lenskart, Apollo Hospitals, ZEE, BPCL, HindalcoIndian markets navigated a sideways trend, with analysts urging caution until the 24,000 mark is reclaimed. Key stocks like Lenskart, Apoll...
- Novelis sees bigger cash flow hit from Oswego fire, posts $84m lossNovelis anticipates a greater impact on its cash flows due to fires at its Oswego unit. The company will, however, restart the hot mill ahe...
- Why static cling gets worse in winter and the simple hack people useStatic electricity in clothes is a common problem. Many households are now using aluminum foil balls in dryers. This method helps reduce st...
- ET Prime Special Series: Multibagger or Bankrupt - Part 54: Will manufacturing capability help this firm move into defence space?The auto ancillary sector is being forced to answer a difficult question: When technology changes, which suppliers remain relevant and whic...
- Iran strikes Gulf energy infra, hits UAE, Bahrain and KuwaitGulf countries have faced repeated drone and missile attacks from Iran in recent weeks in response to US and Israeli strikes that began in ...
- UAE says air defences responding to Iran missiles, dronesEmirati air defences were responding to missile and drone attacks from Iran, the United Arab Emirates defence ministry said Sunday, as Tehr...
- Israel-Iran war: Tehran hunts crew of crashed US jet F-15 and A-10, one reported rescuedIranian and American forces are in a race to recover the crew of a US F-15 fighter jet. Iran claims it shot down the aircraft. The war, whi...
- US–Iran War Day 35 Updates: Kuwait refinery hit, energy infrastructure under threat; Houthis claim strike on Israel’s JaffaThe Middle East conflict intensifies as Iran launches strikes across the region, targeting Israel and Gulf nations. The United States is in...
- Aluminium supply fears escalate after Iran hits Gulf plantsThe strikes mark another blow to the region's commodity sector, with exports already constrained by the effective closure of the Strait of ...
- Trial by fire: Novelis may see bigger cash flow hitIn the wake of a second devastating fire at its Oswego facility, Novelis Inc. has revised its expectations dramatically, now forecasting a ...
- Hindalco sees up to $1.6 billion impact from fire at unit's New York plantEarlier in the day, Ford Motor flagged that it saw lower production in the fourth quarter due to the Novelis fires, with a partial recove...
- Vedanta exploring using biodiesel in its commercial vehicle fleet in Odisha's Jharsuguda plantVedanta Ltd is exploring biodiesel for its commercial vehicles in Jharsuguda, Odisha, and aims to fully decarbonize its light motor vehicle...
- Five people killed in fire at aluminium foil manufacturing factory in NagpurThe fire has taken the lives of a total of five people. Two people died in the hospital during the treatment, while the death of three miss...
- Seven injured in explosion at aluminium unit in NagpurA significant explosion rocked MMP Aluminium Industries in Umred MIDC, Nagpur district, on Friday evening, leaving seven individuals injure...
- Govt to issue 50 Quality Control Orders by Q2 of FY24: DPIIT“DPIIT is continuously engaged with BIS and relevant stakeholders for identification of products for which QCOs could be issued. It is our ...
- Metal, cement companies face severe coal shortage as CIL arm suspends suppliesThe Aluminium Association of India (AAI) has written to the chairman of Coal India, seeking an immediate supply of rakes to the industry.
- Major fire breaks at NALCO’s Angul unitThe executive director of Nalo’s Smelter & Power claimed “the generator transformer was old one, the damage on account of the fire is margi...
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