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Hindalco-owned Novelis postpones US IPO

Manufacturing

05 June, 2024

Hindalco-owned Novelis postpones US IPO

Hindalco Industries said on Wednesday its U.S-based unit Novelis has postponed its initial public offering (IPO) due to weak market ......

Hindalco unit Novelis targets up to $12.6 bn valuation in US IPO

Manufacturing

28 May, 2024

Hindalco unit Novelis targets up to $12.6 bn valuation in US IPO

Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is targeting a valuation of up to $12.6 billion in ......

Hindalco unit Novelis makes US IPO filing public

Manufacturing

14 May, 2024

Hindalco unit Novelis makes US IPO filing public

Aluminum products maker Novelis, owned by Indian conglomerate Aditya Birla Group's Hindalco Industries, made public its filing for an initial ......

Sensex, Nifty end 0.9% lower as fears of higher interest rates hit sentiment

Finance

09 March, 2023

Sensex, Nifty end 0.9% lower as fears of higher interest rates hit sentiment

Shares posted their biggest one-day drop in over two weeks on Thursday, snapping a three-session winning streak, as concerns of ......

Indices recover early-trade losses to end higher for 4th session

Finance

28 June, 2022

Indices recover early-trade losses to end higher for 4th session

Markets recouped early losses to close higher on Tuesday as ONGC and aluminium producer Hindalco rose on a rebound in ......

Sensex, Nifty recover after report rekindles US-China trade deal hopes

Markets

04 December, 2019

Sensex, Nifty recover after report rekindles US-China trade deal hopes

Indian shares reversed course to end higher on Wednesday, snapping a three-day losing streak, after a media report said the ......

Nifty, Sensex rise as metal stocks shine

Markets

25 November, 2019

Nifty, Sensex rise as metal stocks shine

Indian shares ended higher on Monday, led by gains in metal stocks as global equities rallied on hopes of progress ......

Premium
Flashback 2018: From FMCG to tech, big-ticket M&As spread across sectors

General

31 December, 2018

Flashback 2018: From FMCG to tech, big-ticket M&As spread across sectors

The total value of mergers and acquisitions in India hit a record high this year, buoyed by big-ticket transactions including ......

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 ......

Walmart-Flipkart deal: How it stacks up against other big-ticket M&As

TMT

09 May, 2018

Walmart-Flipkart deal: How it stacks up against other big-ticket M&As

Walmart Inc.’s decision to purchase a majority stake in online retailer Flipkart marks the biggest inbound acquisition in India ever, ......