Places highest closing bid for Dhirauli mine in MP, edging out the only other bidder Hindalco Industries; The only other mine it owns is Carmichael in Australia
The Competition Commission of India (CCI) closed the matter as the informant was not able to substantiate the allegations made against the firms
Govt gets 82 bids in technical round for India's first such auction
Rebound in aluminium price, positive Novelis outlook boost confidence in stock
Move will help cement maker reduce dependence on natural resources and promote circular economy; Red mud is a waste product generated in alumina production
The company's consolidated net sales in the quarter gone by stood at Rs 25,283 crore, down 15.6 per cent from same period last year
SAIL gained 8 per cent to Rs 37.3 after the company on Tuesday informed it attained a sales volume of 15.83 lakh tonnes in July.
Nifty is in continuation of an uptrend
Leading business houses report pre-tax loss of Rs 19,342 crore in Q4
TVS Motor's stock has failed to surpass the resistance zone of the long-term moving average on the daily chart
Hindalco has restarted downstream operations at truncated capacities to meet the existing market demand
In a Q&A, Satish Pai says his firm switched to higher exports in April and May as domestic demand was weak. And while metal prices remain low, around 80% of its Ebitda remains unaffected by price
Novelis informed that its net income attributable to its common shareholder came in at $63 million for the quarter under review, down 39 per cent year-on-year (YoY
Debt-funded Aleris purchase, likely moderation in operating profits amid Covid-19 could push up debt/EBITDA ratio
While two units are to be divested, outlook for high-end aerospace business is soft
Universal Cables announced that operations at its manufacturing units in Satna had been temporarily suspended with effect from the midnight of March 24
For Hindalco, keep a stop at 157 and go short
For ITC, keep a stop at 196.5 and go long
The IMF has predicted the epidemic would shave 0.1 percentage points off global growth
In the period under review, revenue of the company stood at Rs 29,197 crore, down 12 per cent