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Novelis

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 ......

Avenue Capital eyes stake in Arcil; Khazanah may buy into Pepe Jeans India

General

23 July, 2018

Avenue Capital eyes stake in Arcil; Khazanah may buy into Pepe Jeans India

New York-based investment firm Avenue Capital Group is in advanced talks to invest about Rs 1,000 crore ($145 million) in ......

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, ......

ICICI Prudential AMC plans $400 mn realty platform; Hindalco eyes overseas buys

General

04 September, 2017

ICICI Prudential AMC plans $400 mn realty platform; Hindalco eyes overseas buys

ICICI Prudential Asset Management Co. Ltd plans to tie up with overseas companies for raising a corpus of about $400 ......