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Sunirmal Talukdar

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  • Business

Rupee flux temporary, but splinters may hit India Inc

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......

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......

Hindalco closes Novelis plant in UK

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......

Novelis' loss puts Hindalco in a spot

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 the......

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