Hindalco, the world's fifth-largest aluminum maker, could end up paying higher interest rates on the $982 million loan taken for the acquisition of Novelis. This is due to the rise in losses of......
With the rupee showing a freefall and hitting a 28-month low against the dollar, India Inc has yet another headache.While the obvious gainers are export-led sectors like information technology and......
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......
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......