The company agrees to discussions for long-product division with Swiss group Klesch.
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
Hindalco has done very well with Rs 900 crore (Rs 9 billion) of ebidta in June quarter.
Narendra Kumar Patni, pioneer of India's information technology (IT) services revolution, passed away in the US.
The Aditya Birla group has slammed rating firm Moody's for placing Novelis, the group's aluminium products subsidiary, in line for a possible downgrade to default.
Digitisation and automation key challenges to business model
Analysts sceptical whether company will sustain rise in operating profits.
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