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Grasim to buy chemicals biz of KPR Industries for $35 mn

Manufacturing

18 February, 2019

Grasim to buy chemicals biz of KPR Industries for $35 mn

Grasim Industries Ltd, a part of the Aditya Birla Group, on Monday announced that it had signed a definitive agreement ......

Hindalco's US unit to buy aluminium producer Aleris for $2.6 bn

Manufacturing

26 July, 2018

Hindalco's US unit to buy aluminium producer Aleris for $2.6 bn

India’s Hindalco Industries Ltd said on Thursday its U.S. unit Novelis Inc has agreed to buy aluminium maker Aleris Corp ......

Novelis sells 50% in South Korea unit to Kobe Steel for $315 mn

Manufacturing

11 May, 2017

Novelis sells 50% in South Korea unit to Kobe Steel for $315 mn

Aluminium rolling and recycling firm Novelis Inc, which is a wholly owned subsidiary of Hindalco Industries Ltd, has agreed to ......

Govt initiates safeguard duty investigation on unwrought aluminium imports

Manufacturing

21 April, 2016

Govt initiates safeguard duty investigation on unwrought aluminium imports

The Indian government on Wednesday initiated a safeguard duty investigation into imports of unwrought aluminium into the country.Unwrought aluminium is ......

Mines ministry wants no increase in clean environment cess for a year

Manufacturing

23 March, 2016

Mines ministry wants no increase in clean environment cess for a year

Aimed at providing a cushion to ailing domestic metal-producing industries such as steel and aluminium, India’s ministry of mines has ......

Five-fold increase in Odisha's bauxite mining lease area

Manufacturing

21 March, 2016

Five-fold increase in Odisha's bauxite mining lease area

In what may bring in economies of scale and increase production of bauxite, India’s ministry of mines has given its ......

Protective measures for domestic aluminium and zinc producers

Manufacturing

29 February, 2016

Protective measures for domestic aluminium and zinc producers

In what may provide relief to domestic miners such as Anil Aggarwal-owned Vedanta Resources and state-run National Aluminium Co. Ltd ......