The Economic Times

MV Ramsurya

  • Hindalco to keep expansion plans going

    Hindalco to keep expansion plans going

    All expansion programmes of Hindalco Industries, the flagship company of the Aditya Birla group, are on track and won’t be scaled down.

    Jewellery cos to securitise global receivables

    Jewellery cos to securitise global receivables

    Jewellery companies in India are looking at securitising their international receivables to avail of lower interest costs overseas at a time when Indian banks have restricted lending to most sectors.

    Eye witness: I knew it couldn’t be diwali crackers

    Eye witness: I knew it couldn’t be diwali crackers

    Vinod Sethi is a frequent visitor to Mumbai. A partner of Sethi Capital, a New York-based private equity firm, he is also the former MD of Morgan Stanley Dean Whitter and is credited with setting up its business in India.

    Novelis may trim jobs, production

    Novelis may trim jobs, production

    Novelis, the aluminium giant acquired by Hindalco Industries, is exploring options to rationalise production and cut jobs due to weak demand in large user-industries such as construction and automotive.

    Iron ore price hike pits steelcos against NMDC

    Iron ore price hike pits steelcos against NMDC

    NMDC announced up to 40% provisional hike in iron ore prices for its long-term contracts in the domestic market in April. The hike came even as prices of the input fell sharply to about $65 to $72 per tonne, from $200.

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