Hindalco seeks shareholders' nod to raise up to Rs 6,000 crore

Last Updated: Thursday, August 27, 2015, 15:41

Aluminium maker Hindalco Industries seeks its shareholders' approval to raise up to Rs 6,000 crore through issuance of non convertible debentures (NCDs) on private placement basis.

Coal scam: Court to hear Hindalco's case on September 14

Last Updated: Monday, August 17, 2015, 22:59

A special court Monday fixed September 14 for hearing a coal scam case in which the Supreme Court has stayed the summons issued against former Prime Minister Manmohan Singh, industrialist Kumar Mangalam Birla and others.

Hindalco slides nearly 3% as Q1 net plunges

Last Updated: Monday, August 17, 2015, 21:31

Shares of aluminium maker Hindalco today fell nearly 3 percent after the company reported a steep 67 percent drop in standalone net profit for the June quarter.

Hindalco Q1 net down 67%, lower realisation hits aluminium biz

Last Updated: Friday, August 14, 2015, 21:03

Lower metal realisation, high finance and depreciation costs have hit the aluminium maker Hindalco's bottomline as it reported a 67 percent drop in the standalone net profit at Rs 107.19 crore for the quarter ended June 30.

Not seeking refinancing under RBI's 5/25 scheme: Hindalco

Last Updated: Thursday, July 30, 2015, 20:43

Aluminium maker Hindalco on Thursday said it is not going for refinancing under a Reserve Bank scheme even as market speculation was rife that it is looking to refinance loans up to Rs 8,000 crore.

Coal scam: Court to hear Hindalco's case on August 17

Last Updated: Wednesday, July 15, 2015, 17:09

The case came up for hearing before Special CBI Judge Bharat Parashar, who deferred the matter as the operations of order passed by him summoning Manmohan Singh, Birla and others as accused have been stayed by the apex court.

LIC hikes stake in Hindalco to over 13%

Last Updated: Thursday, June 18, 2015, 19:56

Aditya Birla-led Hindalco on Thursday said insurance giant LIC has raised its stake in the aluminium maker to over 13 percent.

Hindalco Q4 profit falls 36% to Rs 160 crore

Last Updated: Thursday, May 28, 2015, 17:42

The Aditya Birla Group flagship had posted net profit of Rs 248 crore in the January-March period of the previous fiscal, 2013-14, it said in a BSE filing.

Hindalco fourth-quarter profit misses estimates

Last Updated: Thursday, May 28, 2015, 15:14

Aluminium and copper producer Hindalco Industries Ltd on Thursday posted a drop in quarterly profit that missed estimates, hurt by lower margins.

Govt transfers green nod of earlier blocks to Hindalco, GMR

Last Updated: Friday, May 1, 2015, 18:03

In a bid to expedite operations from the recently allocated coal mines, the Environment Ministry had amended EC norms after a request made by the Coal Ministry to facilitate transfer of ECs to successful coal bidders.

Examining options for non-productive assets: Hindalco

Last Updated: Friday, April 24, 2015, 15:55

Hindalco Industries on Friday said it is examining various options for its non-productive assets, including the land located at Kalwa, Thane.

Hindalco's Novelis ousts CEO, surprising investors

Last Updated: Monday, April 20, 2015, 23:42

Top aluminum rolled products maker Novelis announced on Monday the surprise ouster of Chief Executive Officer Philip Martens who helped the India-owned firm shift toward the automotive sector.