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ALUMINIUM VALUE CHAIN IN INDIA
Aditya Birla Group proposes Rs 12,000 crore Odisha alumina refinery expansionAditya Birla Group plans a significant Rs 12,000 crore investment for its Odisha alumina refinery. This expansion will triple the refinery'...
Vedanta Iron, Vedanta Aluminium & other group stocks jump up to 5%. Should you buy?Vedanta Group stocks gained on Monday, recovering from a recent correction after their stock exchange debut. Vedanta Iron and Steel shares ...
Time to bet on Nalco, Hindalco, Vedanta Aluminium Metal? Expert says recent weakness could be viewed as accumulation opportunityAluminium prices have seen significant swings this year driven by geopolitical tensions. Demand from key sectors like electric vehicles is ...
Recycling body MRAI urges govt to remove 2.5% duty on aluminium scrapThe recycling industry is urging the government to abolish a duty on aluminium scrap. This removal will lower input costs for domestic manu...
Aditya Birla Group eyes Rs 12,000 crore investment to expand Kansariguda alumina refinery in OdishaOdisha Chief Minister met with Kumar Mangalam Birla to discuss investments. The Aditya Birla Group proposed expanding its Kansariguda alumi...
Govt, industry brainstorms on ways to achieve $150 bn exports target for electronicsDeliberations were held with industry stakeholders on achieving the USD 150 billion electronics exports target. India's policy framework mu...
Nuvama initiates Buy call on Vedanta Aluminium shares, expects profitability to exceed historical average. Here's whyNuvama Institutional Equities and Motilal Oswal Financial Services have initiated coverage on Vedanta Aluminium with 'Buy' ratings and targ...
Vedanta Aluminum shares to see 22% rally? Motilal Oswal initiates coverage with Buy, lists key tailwindsMotilal Oswal initiated coverage on Vedanta Aluminum with a buy rating. The brokerage set a target price of Rs 540 per share, which implies...
Premier Energies commissions 5.6 GW solar module plant in TelanganaPremier Energies commissioned a significant 5.6 GW solar module facility in Telangana. The company also began construction for a 6 GWh batt...
Rising with pricing: Corporate revenue growth likely held firm in the first quarter, riding out the tempestCorporate India's revenue reached a two-year peak in Q1, propelled by significant price hikes. The domestic market drove growth in key sect...
India's runaway smartphone PLI success holds lessons for the next wave of industrial policyIndia's smartphone production incentive scheme transformed the nation into a manufacturing hub. This policy successfully attracted global v...
Vedanta Aluminium wipes off Rs 25,000 cr worth investor wealth in under a month. Time to buy?Vedanta Aluminium shares have dropped significantly since their listing date. This decline has erased substantial investor wealth in a shor...
Adani storms Hindalco-Vedanta duopoly with Rs 1.1 lakh crore gambitGautam Adani's $11.5 billion aluminium joint venture with IHC marks his biggest bet yet on India's industrial future. Rather than challengi...
Aluminium industry split over custom duties for scraps and finished productsIndia's aluminium industry is split over import duties. Primary producers, represented by the Aluminium Association of India (AAI), want st...
Explained: Why aluminium is emerging as manufacturers' preferred alternative to copperRecord copper prices are accelerating manufacturers' shift toward aluminium, driven by lower costs and lighter weight. Automakers are expan...
Industry body ASMA urges government to waive customs duty on primary aluminium, scrapThe Aluminium Secondary Manufacturers Association (ASMA) is urging the government to eliminate basic customs duties on primary aluminium an...
Vedanta Power, Iron & Steel and Oil & Gas shares crash up to 8%. What’s triggering the selloff?Vedanta shares saw profit-taking after a strong rally in newly demerged entities, with most segments falling up to 8% over 14 sessions. Ved...
India can become net aluminium exporter with competitive production, says Karan AdaniIndia can become a major aluminium exporter if production costs are competitive, according to Karan Adani. Despite existing capacity, the n...
Adani Enterprises, Odisha govt sign pact for Rs 1.08 lakh crore aluminium plant with IHCAdani Enterprises is set to invest a massive Rs 1.08 lakh crore in Odisha for a new greenfield aluminium project, in partnership with Abu D...
Automobiles biggest driver of India's export growth to Japan: ReportIndia's automotive exports to Japan have surged, becoming the primary growth engine and now representing 13% of shipments by FY26, up from ...