Recent Event Highlights: RPT-India stock futures end up on short covering, longs - Reuters India, India Shares End Higher; Tata Steel Leads Rally In Metals - Wall Street Journal, Novelis Selected as Sole Supplier of Aluminum Sheet for New Jaguar XJ - Reuters, India Shares Snap Six-Session Winning Streak, End 0.3% Lower - Wall Street Journal, Indian Stocks Fall; Sterlite, Metals Producers Lead Declines - Bloomberg, Book profits in Hindalco Industries at Rs 127-130: Thukral - Moneycontrol.com, and 12 more...
Created by dipity on Sep 17, 2009
Last updated: 09/17/09 at 12:07 AM
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RPT-India stock futures end up on short covering, longsReuters IndiaOther metal producers such as Sterlite Industries STRLnsc1 and Hindalco Industries HALCnsc1 also gained over 3 percent and 4 percent on fresh buying. ...and more »
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Hindu Business LineAdvance tax numbers suggest pressure on cement cosHindu Business LineHindalco Industries of the Aditya Birla Group paid Rs 70 crore as advance tax, down from Rs 190 crore paid last year. Grasim Industries, on the other hand, ...
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BITS Pilani Launches Work Integrated Learning BS Process ...PR-Inside.com (Pressemitteilung)Established in 1958, Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, is an industry leader in aluminium and copper. ...Admission Announcement For Work Integrated Learning Programmes ...TopNewsall 3 news articles »
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Indian ExpressSensex ends strong; hits a new 52 week highMyiris.comThe Sensex for the second straight session ended on a buoyant note helped by heavyweights Tata Steel, Tata Motors and Hindalco Industries. ...Market firm; DLF, Hindalco surgeEconomic TimesBullish Sensex closes 240 points higher on reports of robust ...IBTimes IndiaSensex opens flat; ACC, Sterlite upMyiris.comMyiris.com -Myiris.com -Myiris.comall 306 news articles »
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India Shares End Higher; Tata Steel Leads Rally In MetalsWall Street JournalSterlite Industries was up 3.7% at INR771.05 and Hindalco Industries closed up 5.0% at INR131.30. Bank stocks continued to climb for a second day, ...and more »
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Novelis Selected as Sole Supplier of Aluminum Sheet for New Jaguar XJReutersNovelis is a subsidiary of Hindalco Industries Limited, one of Asia's largest integrated producers of aluminum and a leading copper producer. ...and more »
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India Shares Snap Six-Session Winning Streak, End 0.3% LowerWall Street JournalAluminum maker Hindalco Industries, which surged 6.0% Friday, slipped 2.5% to INR121.10, while state-run Oil & Natural Gas Corp. lost 1.3% to INR1,161.55, ...
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Indian Stocks Fall; Sterlite, Metals Producers Lead DeclinesBloombergHindalco Industries Ltd., the biggest aluminum producer, retreated 2.9 percent as the lightweight metal also declined and on concern the stock's 22 percent ...Sensex suffers setback amid falling metal pricesGulfNewsIndian Stocks Advance on Speculation US Recession Has EndedBloombergIndian Stocks Rise to 15-Month High; DLF, Mahindra Lead GainsBloombergBloombergall 20 news articles »
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Book profits in Hindalco Industries at Rs 127-130: ThukralMoneycontrol.comOne can book profits in Hindalco Industries at Rs 127-130, says Hemant Thukral, Asian Markets Securities. Thukral told CNBC-TV18, "It is one of the sides of ...
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Gulf TimesIndian Stocks Rise; Hindalco Leads Metals Producers HigherBloombergCommodity producers led by Hindalco Industries Ltd. gained as metals prices soared. Hindalco, India's biggest aluminum producer, advanced to the highest in ...Indian shares up 0.67% at 15-month highDaily TimesIndia's Benchmark Stock Index Rises; Metal Producers LeadBloombergIndian Stocks Rise on Speculation Rebound Will Boost EarningsBloombergBloomberg -Bloombergall 19 news articles »
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Excerpt
...We have no idea where our employees are. We have informed our headquarters in Mumbai and awaiting instructions, he said. Hindalco Industries Limited, the flagship Aditya Birla Group company, has been a victim of extremism in Gumla-Lohardaga for quite some...
Source Info
Calcutta Telegraph
http://www.telegraphindia.com/1090819/jsp/frontpage/story_11378923.jsp
Excerpt
...our employees are. We have informed our headquarters in Mumbai and are waiting for instructions. This isnt the first time Hindalco Industries, the flagship company of the Aditya Birla Group, has faced Maoist terror in Gumla and adjoining Lohardaga district. In...
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Calcutta Telegraph
http://www.telegraphindia.com/1090819/jsp/nation/story_11378188.jsp
Excerpt
Volatility in the domestic market has got Hindalco Industries, the Aditya Birla group’s flagship firm, to cut the size of its $500 million qualified institutional placement (QIP) and go in for a global depositary receipts (GDR) issue. While the total
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Business Standard
http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/Pz2unOhgRCM/storypage_c.php
Excerpt
Aditya Birla group flagship firm Hindalco Industries has decided to trim its overseas operations and is restructuring its capital expenditure in India in an effort to stabilise operations.
As part of this overall plan, Novelis, which Hindalco acquired
Source Info
Business Standard
http://business-standard.com/common/storypage_c.php?leftnm=10&autono=362666
Excerpt
Hindalco Industries, flagship of the
Aditya Birla group, on Tuesday said its consolidated net profit fell 80% due to
weak global demand and soft metal prices. The country’s largest metals
company said its consolidated net profit, which includes
Source Info
Times of India
http://economictimes.indiatimes.com/Hindalco-FY09-consolidated-net-dips-80/articleshow/4722236.cms
Excerpt
Mumbai: Hindalco Industries Ltd, the country’s largest aluminium maker, has decided to fund its future projects by pledging the assets and cash flows of subsidiaries that will own and execute these projects, a senior company executive said.
Slowdown
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livemint.com
http://www.livemint.com/2009/02/18233951/Hindalco-turns-to-subsidiaries.html
Excerpt
MUMBAI:
Even as the gloomy demand scenario overshadows the growth plans of Indian
conglomerates, all expansion programmes of Hindalco Industries, the flagship
company of the Aditya Birla group, are on track and won’t be scaled down.
“All our projects
Source Info
Times of India
http://economictimes.indiatimes.com/News/Hindalco_to_keep_expansion_plans_going/rssarticleshow/3892570.cms
Excerpt
Kolkata, Nov. 21 Softening of greenback against other currencies and overnight improved closing on Wall Street saw metals and metal stocks perform better on Friday and Hindalco Industries, which owns Novelis, witnessed reversal in its price.
The stock
Source Info
Hindu Business Line
http://www.thehindubusinessline.com/2008/11/22/stories/2008112251601100.htm
Excerpt
Aditya Birla flagship firm Hindalco Industries today said its net profit increased by 12.03 per cent at Rs 719.93 crore for the second quarter ended September 30 over the corresponding period a year ago.
The company had a net profit of Rs 642.57 crore
Source Info
Business Standard
http://feeds.feedburner.com/~r/Business-Standard-News-Now/~3/437917712/storypage_c.php
Excerpt
Hindalco Industries [Get Quote], the flagship company of the Aditya Birla group, may sell stakes in group companies to raise funds to repay a part of the $ 3 billion bridge loan it obtained to buy Novelis, bankers said.
Hindalco may sell a part of its
Source Info
Rediff
http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/oct/22hindalco1.htm
Excerpt
MUMBAI:
The shareholding of the promoters of Hindalco Industries, a flagship company of
the Aditya Birla group, is likely to increase by about 4.5% after a scheduled
conversion of warrants in October. This would be over and above any rise
Source Info
Times of India
http://economictimes.indiatimes.com/News/Promoter_holding_in_Hindalco_set_to_climb/rssarticleshow/3495677.cms
for $2.6 billion, Sterlite Industries Ltd, a subsidiary of Vedanta Resources Plc, has taken a big lead in copper, thus, racing past Kumar Mangalam Birla's non-ferrous metal producer Hindalco. Anil Agarwal, Executive Chairman, Sterlite Industries, is in a real hurry to prove his mettle and take the fight to his rival Kumar Mangalam Birla. With his big bang acquisition of US-based miner Asarco for $2.6 billion, Sterlite Industries Ltd, a subsidiary of Vedanta Resources Plc, has taken a big ...
Excerpt
MUMBAI:
Aditya Birla flagship firm Hindalco Industries on Friday said it has alloted
20.33 lakh securities to the shareholders of Indian Aluminium Company Ltd
(Indal).
The committee of
directors at its meeting on May 3, approved the issue of 376
Source Info
Times of India
http://economictimes.indiatimes.com/News/Hindalco_to_issue_20_lakh_securities_to_Indal_shareholders/rssarticleshow/3024649.cms
Excerpt
MUMBAI:
Hindalco Industries, the flagship company of the Aditya Birla group, on
Wednesday said its fiscal fourth quarter (Q4) net profit grew 49% on the back of
higher volumes and a one time tax refund that offset the fall in smelting fees.
Source Info
Times of India
http://economictimes.indiatimes.com/News/Hindalco_profit_swells_49_on_high_volumes/rssarticleshow/2999830.cms
Excerpt
Skyrocketing prices of aluminium globally, while bolstering the earnings of Hindalco Industries' pure-play metals business, will, at the same time, negatively impact the margins of Novelis, the world's largest-rolled product company that the Aditya
Source Info
Sify
http://sify.com/finance/fullstory.php?id=14619982
Excerpt
...surges as it is taken over by Hindalco MUMBAI, India Indian aluminum and copper producer Hindalco Industries Ltd. announced Sunday it plans to take over aluminum producer and Alcan Inc. spinoff Novelis Inc. for $6-billion (U.S.). On Monday, investors bid up...
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Globe and Mail
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http://feeds.feedburner.com/~r/TheGlobeAndMail-Business/~3/89815722/
Excerpt
...taxes, employment and the Federal Reserve. MUMBAI, India, Feb. 11, 2007 (AP) (AP) Indian aluminum and copper producer Hindalco Industries Ltd. announced Sunday it plans to pay $3.6 billion to take over Canadian aluminum producer Novelis Inc. The all-cash acquisition...
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CBS News
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http://feeds.cbsnews.com/~r/CBSNewsBusiness/~3/89421683/mainD8N7LNSG1.shtml
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