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Scammers are targeting govt workers via fake phone calls: NIC raises alarm about 'vishing' attacks, check full advisoryGovernment officials have been advised to be cautious of vishing attacks. Attackers are impersonating trusted entities to steal information...- Novelis may go for up to $1.5 billion IPO in JuneThe wholly-owned subsidiary of Hindalco Industries intends to list its shares on the New York Stock Exchange under the symbol “NVL”.
- Buy Hindalco Industries, target price Rs 634: ICICI SecuritiesHindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 116729.24 Crore) operating in Me...
- Novelis to raise $300-350 mn from Axis Bank in GIFT CityThe bilateral short-term loan is being raised from Gujarat GIFT city and will likely be priced after adding about 70-85 basis points over t...
- Novelis to offer $595-mn Euro-denominated senior green notesThe €500 million in aggregate principal amount notes will be offered in a private offering, the company said in a press statement on Monday.
- Stock Ideas: Motilal Oswal has a buy on Hindalco, target price Rs 175The brokerage adds Hindalco’s investment in listed market securities at 10 per cent discount to the market price.
- Buy Hindalco, target price Rs 199: ICICI SecuritiesAt current valuations, a large part of the acquisition negatives are already built-in.
- Analyst Calls: Asian Paints, Tata Steel, Voltas, HindalcoEmkay Global has maintained hold rating on Asian Paints with a revised target price of Rs 1,700.
- Novelis to step in to clear the air over Aleris deal: Satish Pai, MD, HindalcoThe European Commission, the EU’s executive branch has a deadline up till October 7 to decide on its investigation into the deal.
- Hindalco net profit rises 54%Revenue from the aluminium business increased 18% at Rs 6,135 crore while copper revenue decreased 8% to Rs 4,710 crore.
- Hindalco Q2 profit drops 21% to Rs 309 croreTotal income during the quarter increased to Rs 11,034.3 crore over Rs 10,500.6 crore in the year-ago period.
- Buy Hindalco Industries, target Rs 322: Motilal Oswal SecuritiesBuy Hindalco Industries Ltd. at a price target of Rs 322.
- 5 stocks see surge in open interest in August seriesET takes a look at five such stocks which are gaining momentum in the futures segment.
- Aleris acquisition makes Hindalco largest aluminium company in world: Kumar Mangalam BirlaKumar Mangalam Birla on Aleris buy, Voda-Idea merger and cement plans
- Sensex climbs 200 points, Nifty50 hits 11,200 mark for first time; Hindalco surges 5%Nifty rollovers to August series stood at 74% against 3-month average of 66.3%
- Market Movers: Modi on fourth industrial revolution; oil inching down & rupee outperforming EM peersA lowdown on top macro triggers that may move market on Friday.
- Kumar Mangalam Birla steers talks to bring home AlerisKumar Birla stepped in to lead talks with the private equity owners of Aleris to get negotiations moving again.
- Hindalco Industries gains amid race to acquire Aleris CorpPromoters held 34.69 per cent stake in the company as of September 2017.
- Hindalco weighing bid to acquire Aleris Corp of USAn acquisition of Aleris will help Hindalco and Novelis consolidate further in the can and auto segments, the margins for which have been i...
- Kumar Mangalam Birla looks for possible merger with Constellium, Aleris Corp.Deliberations are at an early stage, and Aditya Birla Group hasn’t yet decided whether to proceed with an offer for either business, accord...
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