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Mark to Market | Ravi Ananthanarayanan, Vatsala Kamat and Mobis Philipose 12:30 AM | November 05,2009
Hindalco’s share price fell on Tuesday by about 11%, due to poor results of its domestic operations. But they gained as much as 9% on Wednesday after Novelis’ results were announced
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Debarati Roy / Bloomberg 12:38 AM | July 01,2009
Net income, including unit Novelis Inc., fell to Rs485 crore in 2008-09 from Rs2,390 crore a year earlier
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Mark to Market | Manas Chakravarty and Mobis Philipose 12:34 AM | July 01,2009
Hindalco’s stand-alone revenue fell by 25% to Rs3,772 crore in the fourth quarter, owing to a sharp drop in aluminium prices
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Baiju Kalesh 12:43 AM | May 04,2009
In an interview, Dev Bhattacharya, group executive president, strategy and business development, Aditya Birla Group, says the group is moving away from being just a manufacturing enterprise, decentralizing decision making, and looking to enter new businesses
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11:01 PM | February 19,2009
Global acquisitions by Indian companies during the past few years could either prove to be strategic masterstrokes or financial albatrosses
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Mark to Market | Manas Chakravarty and Mobis Philipose 01:15 AM | February 19,2009
There are no signs that the overseas company will turn cash flow positive anytime soon
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Mark to Market | Manas Chakravarty and Mobis Philipose 11:45 PM | February 16,2009
In the past, Tata Motors Ltd had offset its product development expenses with the credit in the share premium account, instead of amortizing the same in the profit and loss statement
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Mark to Market | | Manas Chakravarty and Ashwin Ramarathinam 11:21 PM | November 11,2008
In volume terms, shipments of rolled products rose by 1.6% in the September quarter compared with the year-ago period
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Reuters 09:42 AM | November 07,2008
Hindalco had raised about Rs44 billion through a rights issue last month
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Baiju Kalesh 12:13 AM | October 08,2008
Hindalco is the only company on the BSE 30-share benchmark index that is trading at below its book value of Rs127.45
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Narayanan Somasundaram / Reuters 02:00 AM | August 14,2008
Hindalco aims to price the rights offering at Rs96 ($2.25) a share, lower than initial plans for more than Rs100
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Shilpa Shree and Ashwin Ramarathinam 01:16 AM | June 15,2007
The downward revision comes at a time when Indian metal companies have been doing well
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08:11 PM | June 13,2007
Hindalco HR chief says will give Novelis cool-off time, allow its staff to understand acquirer’s internal policies
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PTI 04:49 PM | May 11,2007
Hindalco, through its subsidiary AV Metals Inc, will acquire Novelis for $44.93 per common share in cash; total enterprise value is pegged at $6 billion
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PTI 07:30 PM | May 09,2007
Hindalco’s stock fell 14% to Rs149.45 on 12 Feb, following company’s announcement of Novelis buy, luring insurer to mop up 2.13 crore shares for up to Rs324 crore in less than a month since
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