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EQUITY INFUSION NOVELIS
Hindalco to infuse $750 million equity into US unit NovelisHindalco Industries will infuse $750 million equity and raise debt to support its US arm Novelis after a fire hit its Oswego unit. The fund...
08 Nov, 2025, 12.16 AM IST
Expect Sensex at 85,000 by year end, book some profit & rotate your money; buy 4 cement stocks: Sanjiv BhasinSanjiv Bhasin advises on market shifts, recommending moves from auto, metals to banks, specialty chemicals. He predicts a Sensex surge to 1...
10 Apr, 2024, 03.07 PM IST
5 bank stocks to go for once unlock theme starts playing out: Hemang JaniGo for ICICI, Axis and State Bank of India and also IndusInd and Federal Bank among the smaller banks. Banking and financial stocks are goi...
19 May, 2021, 09.00 PM IST
Hindalco kicks off Rs 6,800-crore mega loan pre-paymentStarting Wednesday , the company is all set to pre pay Rs 4,500 crore in April.
20 Apr, 2017, 09.07 AM IST
Kumar Mangalam Birla to raise Hindalco stake to 37% for Rs 2,165 croreBirla, who has already paid Rs 541 crore in March 2012 to convert 10% of the preferential warrants, will lose the initial deposit if he doe...
22 Aug, 2013, 06.47 AM IST
- Hindalco unveils 1:3 rights issue, to mop up Rs 5k crore
Hindalco Industries announced a 1:3 rights offer to raise nearly $1.16 billion to refinance its acquisition of Novelis that it bought early...
21 Jun, 2008, 01.15 AM IST
- Birla group to hike Grasim stake to 40%
Aditya Birla Group intends to scale up its shareholding in its cement flagship to Grasim Industries to at least 40%. India's corporate mogh...
07 Feb, 2008, 07.40 AM IST
- India Inc's M&As rise 150% in 2007
India Inc announced deals worth $70 billion in 2007, up 150% over the previous calendar year.
14 Jan, 2008, 02.35 AM IST
- Funds no bar for shopaholic India Inc
As India Inc realises it is possible to buy larger cos, more cos will emerge via cross-border deals.
06 Aug, 2007, 05.33 AM IST
- Hindalco Q4 net rises 15%
Hindalco Industries’ net profit for the fourth quarter ended March 31, 2007, grew 15% to Rs 721.3 crore.
05 May, 2007, 12.22 AM IST
- Essar Global to take leveraged buyout route for Algoma buy
Company to set up Canada-based special purpose vehicle (SPV); Algoma’s management may be retained.
17 Apr, 2007, 12.31 AM IST
- Now, M&As skid on rate hike street
Increasing number of cos are taking the debt route to fund acquisitions.
07 Apr, 2007, 01.31 AM IST
- Birlas set to firm up Hindalco stake
After the Ambanis and Tatas, it’s the turn of the Birlas to take the preferential allotment route, again.
02 Mar, 2007, 04.35 AM IST