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Hindalco Novelis Deal

The delay will likely have a short-term negative impact on Hindalco, said Sneha Poddar, associate vice president at Motilal Oswal Financial Services

Updated On: 05 Jun 2024 | 11:54 AM IST
Bs_logoHindalco-owned Novelis delays IPO amid weak market conditions, shares fall

Hindalco, a leading aluminium and copper manufacturer, holds a 100 per cent stake in Novelis, which is in a similar business

Updated On: 30 May 2024 | 12:39 AM IST
Bs_logoHindalco's shares rise by 3.5% after subsidiary Novelis firms up IPO plan

On successful completion of its IPO, Novelis will be among the few subsidiaries of Indian companies to be listed separately on foreign bourses

Updated On: 21 Feb 2024 | 10:44 AM IST
Bs_logoHindalco Ind gains 5% on report of Novelis Inc's likely IPO in US

We bought Novelis for $6 billion and we got equity of $3 billion in the first three years itself, says K M Birla

Updated On: 27 Jul 2018 | 11:49 AM IST
Bs_logoK M Birla on why Novelis will buy American aluminium products maker Aleris