After Shell, Hindalco faces transfer pricing tax notice

After Shell, it’s the turn of the Aditya Vikram Birla group to get a taste of the income-tax medicine on transfer pricing. Hindalco, the owner of Novelis, is set to get a notice from the......

Hindalco to acquire alumina refinery from Novelis

Hindalco Industries, the metals flagship of the Aditya Birla Group, on Friday said it has finalised arrangement for acquiring alumina refinery and bauxite mines in Brazil from its wholly-owned......

Hindalco to now tap cash trapped in Novelis

Four years after buying Novelis, a company three times its size, Hindalco is now banking on the Atlanta (US)-headquartered aluminium rolling and recycling major to fund its Rs 23,000-crore......

$3.2bn Australian miner: AV Birla to join race

The $29-billion Aditya Birla Group is set to join the race to buy Australian coal mining company Whitehaven Coal.Three independent people with knowledge of the talks said the group had been......