Sumant Sinha: The wind talker in pinstripes

Years ago over lunch at the steakhouse at JW Marriott Atlanta, Sumant Sinha, then Group CFO of the venerable Aditya Birla Group, and his senior colleague and boss of Hindalco Debu Bhattacharya came......

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......

New Aussie govt brings cheer to Indian miners

About a fortnight ago, the International Coal Ventures Ltd board approved a binding bid for a deposit having estimated reserves of 220 million tonnes in Queensland, Australia. ICVL is a special......

India Inc cashes in on slowdown to save cost

The economic crisis has turned out to be a blessing in disguise for many Indian companies that bought expensive overseas assets when the financial markets were at their peak. All companies have cut......