After cement, Adani and Birla are set for a face-off in the wires and cable biz

After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into......

Hindalco plans to buy Australian mine

Hindalco Industries Ltd plans to acquire Straits (Nifty) Pty Ltd, which owns the Nifty Copper mines in Australia.The acquisition will be completed through a wholly owned Australia subsidiary for A$......

Hindalco buys Australian mine for A$21mn

The A V Birla group on Tuesday announced the acquisition of its second copper mine in Australia.The group has bought the Mount Gordon copper mine in Queensland, Australia through Birla Minerals......

Kumar Birla on how buying Aleris helps Hindalco

‘Aleris will bring in $3 billion of revenue. Novelis has $12 billion of revenues. If we add Hindalco’s $6-billion revenue, then on a consolidated basis, we will become the world’s......