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Hindalco Industries Limited

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Was Birla allocated coal blocks as per norms: Court asks CBI

A special court on Monday asked the Central Bureau of Investigation to clarify whether "rule of law" was followed in allocation of coal blocks to top industrialist Kumar Mangalam Birla's Hindalco.......

Coal-gate: CBI questions key PM aide TKA Nair

The Central Bureau of Investigation has questioned TKA Nair, advisor to Prime Minister Manmohan Singh, in connection with alleged irregularities in allocation of coal blocks, which included......

Naveen Patnaik may be questioned by CBI in coal scam case

Odisha Chief Minister Naveen Patnaik may be questioned by CBI for writing a letter of support in favour of Hindalco, an Aditya Birla group company, after its bid for coal mines was rejected by coal......

FPIs may return to Indian equities soon

'The more foreign investors become convinced of the durability of the economic cycle, the more likely foreign flows into Indian equities resume.' IMAGE: The Bombay Stock Exchange. Photograph: ANI......

High coal price to weigh on steel cos' Q2 earnings

Rising prices of international coal – both coking and thermal - used in the making of ferrous and non-ferrous metals, respectively, are expected to have an impact on margins of metals......

How foreign portfolio investors view the 'India story'

IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors, discovers Subhomoy Bhattacharjee. Illustration: Uttam Ghosh/Rediff.com Long before the pandemic, foreign......

Manufacturing sector hits a virtual standstill

Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.  IMAGE:......

If Voda-Idea goes belly-up, shareholders will lose Rs 1.68 trillion

Collapse of the mobile operator could translate into total loss of nearly Rs 44,000 crore for the AV Birla group. Shareholders of Vodafone Idea will lose Rs 1.68 trillion of their equity......

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