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CBI Files Case Against Aditya Birla Group's Hindalco For Alleged Corruption
The CBI has booked the country's leading aluminium producer Hindalco of the Aditya Birla Group for alleged corruption in getting environmental clearances for coal mining between 2011 and 2013, officials said on Tuesday.
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Indian, Israeli Firms Sign MoU to Produce Aluminium-Air Batteries in Boost for EVs in India
In a boost for electric vehicles (EVs) in the country, Israeli and Indian firms have signed an MoU to produce aluminium-air batteries. The cutting-edge battery technology could help speed up adoption of EVs in India — without the need for charging infrastructure, reduce battery imports. Aluminium-air batteries are expected to make EV adoption mor...
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Hindalco Net Profit Rises 189% To Rs 1,928 Crore In March Quarter
Hindalco Q4 Results: The Aditya Birla group company's net profit jumped 189 per cent - almost three times to Rs 1,928 crore, in the March quarter on a year-on-year basis.
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Hindalco Gains Over 5% After Net Profit Surged 90% In December Quarter
Hindalco Share Price: Hindalco Industries, an Aditya Birla Group company, posted a net profit of ₹2,021 crore in the third quarter of the current fiscal, driven by strong domestic business
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Hindalco Q3 Results: Net Profit Rises 90% To Rs 2,021 Crore In December Quarter
Hindalco Industries Q3 Results: The company's revenue from operations in the quarter stood at Rs 34,958 crore in the October-December quarter of the current financial year
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Idea Cellular Shares Fall 50% In 2 Months In Run-Up To Merger With Vodafone
On February 12, the promoters of Idea Cellular -- Aditya Birla Group firms Grasim Industries, Aditya Birla Capital and Hindalco -- had, through their subsidiaries, invested Rs 3,250 crore in Idea's preferential issue. The investment was made at Rs 99.50 per share.
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Novelis Completes Refinancing Of $1.1-Billion Bonds
Aditya Birla Group firm Novelis has completed refinancing of its $1.1-billion senior notes due 2024.
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Hindalco Shares Hit 52-Week High On Alcoa's Q2 Earnings
Hindalco shares jumped over 5 per cent to their 52-week high on Tuesday, tracking strong numbers of Alcoa, which is the world's third largest producer of aluminum.
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Hindalco Rises 4%, Hits Fresh 52-Week High
Shares of Aditya Birla Group company Hindalco rose as much as 4 per cent to hit fresh 52-week high of Rs 128.70 in an otherwise subdued market.
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Hindalco Q4 Net Profit More Than Doubles To Rs 356 Crore
The flagship firm of the Aditya Birla Group had clocked a net profit of Rs 160 crore in the year-ago period, it said in a regulatory filing.
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Vedanta, Hindalco to Exit Sensex on December 21
Metals and mining major Vedanta and Aditya Birla group flagship firm Hindalco Industries will shift out of the BSE benchmark Sensex index from December 21.
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Hindalco Q2 Net at Rs 103 Crore, Shares Rise 3%
Hindalco Industries reported a 31 per cent growth in its standalone net profit for the September quarter. The net profit of the aluminium and copper producer increased to Rs 103 crore as compared to Rs 78 crore in the corresponding period a year ago.
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Hindalco to be Probed by CBI for 'Paying Cash for Clearances': Sources
Hindalco owned by the Aditya Birla group is likely to face an investigation for allegedly paying money to secure environmental clearance.
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Coal Scam: Will Defend Case Through Legal Process, Says Hindalco
Aditya Birla group flagship firm Hindalco today said it would defend its case through "legal process" after studying order of the special court, which summoned its Chairman Kumar Mangalam Birla, former prime minister Manmohan Singh and four others as accused in a coal scam case.
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Coal Scam: Kumar Mangalam Birla and Manmohan Singh's Principal Secretary Questioned by CBI
The Central Bureau of Investigation has questioned Kumar Mangalam Birla, the chairman of the Aditya Birla Group, in connection with coal block allocation to Hindalco, sources told NDTV.
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CBI Files Case Against Aditya Birla Group's Hindalco For Alleged Corruption
The CBI has booked the country's leading aluminium producer Hindalco of the Aditya Birla Group for alleged corruption in getting environmental clearances for coal mining between 2011 and 2013, officials said on Tuesday.
-
Indian, Israeli Firms Sign MoU to Produce Aluminium-Air Batteries in Boost for EVs in India
In a boost for electric vehicles (EVs) in the country, Israeli and Indian firms have signed an MoU to produce aluminium-air batteries. The cutting-edge battery technology could help speed up adoption of EVs in India — without the need for charging infrastructure, reduce battery imports. Aluminium-air batteries are expected to make EV adoption mor...
-
Hindalco Net Profit Rises 189% To Rs 1,928 Crore In March Quarter
Hindalco Q4 Results: The Aditya Birla group company's net profit jumped 189 per cent - almost three times to Rs 1,928 crore, in the March quarter on a year-on-year basis.
-
Hindalco Gains Over 5% After Net Profit Surged 90% In December Quarter
Hindalco Share Price: Hindalco Industries, an Aditya Birla Group company, posted a net profit of ₹2,021 crore in the third quarter of the current fiscal, driven by strong domestic business
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Hindalco Q3 Results: Net Profit Rises 90% To Rs 2,021 Crore In December Quarter
Hindalco Industries Q3 Results: The company's revenue from operations in the quarter stood at Rs 34,958 crore in the October-December quarter of the current financial year
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Idea Cellular Shares Fall 50% In 2 Months In Run-Up To Merger With Vodafone
On February 12, the promoters of Idea Cellular -- Aditya Birla Group firms Grasim Industries, Aditya Birla Capital and Hindalco -- had, through their subsidiaries, invested Rs 3,250 crore in Idea's preferential issue. The investment was made at Rs 99.50 per share.
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Novelis Completes Refinancing Of $1.1-Billion Bonds
Aditya Birla Group firm Novelis has completed refinancing of its $1.1-billion senior notes due 2024.
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Hindalco Shares Hit 52-Week High On Alcoa's Q2 Earnings
Hindalco shares jumped over 5 per cent to their 52-week high on Tuesday, tracking strong numbers of Alcoa, which is the world's third largest producer of aluminum.
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Hindalco Rises 4%, Hits Fresh 52-Week High
Shares of Aditya Birla Group company Hindalco rose as much as 4 per cent to hit fresh 52-week high of Rs 128.70 in an otherwise subdued market.
-
Hindalco Q4 Net Profit More Than Doubles To Rs 356 Crore
The flagship firm of the Aditya Birla Group had clocked a net profit of Rs 160 crore in the year-ago period, it said in a regulatory filing.
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Vedanta, Hindalco to Exit Sensex on December 21
Metals and mining major Vedanta and Aditya Birla group flagship firm Hindalco Industries will shift out of the BSE benchmark Sensex index from December 21.
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Hindalco Q2 Net at Rs 103 Crore, Shares Rise 3%
Hindalco Industries reported a 31 per cent growth in its standalone net profit for the September quarter. The net profit of the aluminium and copper producer increased to Rs 103 crore as compared to Rs 78 crore in the corresponding period a year ago.
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Hindalco to be Probed by CBI for 'Paying Cash for Clearances': Sources
Hindalco owned by the Aditya Birla group is likely to face an investigation for allegedly paying money to secure environmental clearance.
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Coal Scam: Will Defend Case Through Legal Process, Says Hindalco
Aditya Birla group flagship firm Hindalco today said it would defend its case through "legal process" after studying order of the special court, which summoned its Chairman Kumar Mangalam Birla, former prime minister Manmohan Singh and four others as accused in a coal scam case.
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Coal Scam: Kumar Mangalam Birla and Manmohan Singh's Principal Secretary Questioned by CBI
The Central Bureau of Investigation has questioned Kumar Mangalam Birla, the chairman of the Aditya Birla Group, in connection with coal block allocation to Hindalco, sources told NDTV.
