ALUMINIUM News Archives
Hindalco Industries: Buy
Investors with a long-term perspective can consider buying shares in aluminium major, Hindalco Industries, despite upheavals in the global economy and the likely pressure on commodity prices...
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Auto parts industry opposes FTAs
Says the existing free trade agreements have resulted in inverted tariff structures and adversely affected domestic manufacturers...
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Hindalco lines up $6.5 bn capex, says Kumar Birla
Hindalco , an Aditya Birla company has earmarked USD 6.5 billion towards its domestic and international expansion plans, said chairman Kumar Mangalam Birla during the company's 52nd annual general meeting...
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TATA Motors cars to use lightweight aluminum engines in India
The auto industry has been reeling under reduced profits and declining demand for past few months...
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Hindalco to emerge as global player: Kumar Mangalam Birla
Governments are struggling to respond appropriately to this uncertainty which inevitably spills over into the world of business...
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Japan's leading auto components firm keen to invest in Haryana
Japan's leading auto components company Aisin Seiki has proposed to set up a manufacturing facility at Industrial Model Township at Rohtak in Haryana over an area of 30 acres, with an investment of Rs. 406 crore...
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Honda Brio a baby step in small car segment in India for the Japanese auto major
All eyes will be on Honda Motor's when they launch the Honda Brio on 28th September 2011...
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Here To Serve
How do car manufacturers and ancillary companies attend to the logistics of spares, even after the vehicle model has been phased out?...
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Long-term copper outlook remains buoyant: Shakeel Ahmed, Hindustan Copper
Give us an update on the divestment front to start off things. How much is the government looking to sell and by when is the final word on this expected because there were a couple of news bits that came in overnight as well?...
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TTPS hit by short supply of coal from MCL
After the 1200 Mw Captive Power Plant of National Aluminium Company (Nalco), it is now the 460 Mw Talcher Thermal Power Station (TTPS) of NTPC which has been severely hit by short supply of coal from Talcher based mines of Mahanadi Coalfields Ltd (MCL)...
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India Said to Lift Curbs on Coal Mining in Dense Forests
A group of Indian ministers agreed to allow companies to seek approval to mine coal in some dense forest areas, overturning an environment ministry ban, according to two government officials...
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Tata Steel, Hindalco lose sheen as ministry lowers demand
Shares of steel companies have declined second day in a row after the steel ministry has lowered demand forecast to 6% from the earlier 12% which it made in May...
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Infra hurdles & growth needs
It is not a day too soon that Prime Minister Manmohan Singh felt the need to involve himself in sorting ministerial differences on implementation of major infrastructure and industry-related projects. With such projects not getting commissioned on schedule, the 12th Plan (2012-17) growth target of nine per cent annually will remain elusive...
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Tata Motors Cuts Output Of Most Passenger Cars In September - Parts Vendors
Auto parts suppliers to Tata Motors Ltd. (TTM) have been informed that the company has cut production of most of its car models, including the Nano minicar, in September due to sluggish demand....
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Government plans board to address auto sector woes
The government will set up a national automotive board by the year-end to bring under one umbrella various automobiles industry issues including recalls and vehicle safety...
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Nissan to pick up minority stake in India distributor
Japanese giant Nissan Motor is in talks with its Indian partner Hover Automotive India to buy a significant minority stake in the latter...
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