The markets resumed their election-led euphoria, after the brief interlude in the past three trading sessions, led by secular buying in index heavyweights and a rebound in the hitherto-beaten IT stocks.
Even as the deadline for completing the coal allocation scam probe is fast approaching, the Central Bureau of Investigation (CBI) is yet to take a call on whether to call industrialist Kumar Mangalam Birla for questioning.
The Central Bureau of Investigation (CBI) is still indecisive on whether it will call industrialist Kumar Mangalam Birla for questioning, even as the agency is just two weeks away from the deadline of completing the coal probe.
LMEX lost nearly 4% in past two trading sessions to 2,995 from Rs 3,118 on March 6. The index close at its lowest level since August 2013 on LME as China's exports unexpectedly tumbled in February, raising fears of a slowdown in the world's second-largest
The coal ministry has asked the environment ministry to assess the feasibility of grant of forest clearances (stage II) with regard to 10 coal blocks allocated to companies like Hindalco, JSPL, Tata Steel and Essar Power and send its comments by this
Soon after announcing the December quarter’s financial results, D Bhattacharya, managing director of the Aditya Birla Group's flagship company, Hindalco Industries, took time off to discuss the performance and plans with Dev Chatterjee.
The Central Electricity Authority has asked companies including NTPC, Hindalco, Tata Power and Tata Steel to expedite production from captive coal blocks allocated to them and inform it about any constraints.
The coal ministry on Tuesday issued show-cause notices to eight companies, including Aditya Birla Group’s Hindalco, and sought clarification from five others, including Tata Steel, JSW and Bhushan Steel, for their failure to develop captive coal
Hindalco, the world’s largest aluminium rolling company, reported a muted set of numbers for the quarter ended September. Revenues and profit stayed flat compared to last year, though volumes were higher.
Hindalco is the latest company to see stagnant profit growth despite higher metal volumes in the second quarter. Hindalco's net profit remained flat year-on-year at Rs 357 crore during the second quarter of the current fiscal.
The prime minister received a letter dated May 7, 2005, from Kumar Mangalam Birla requesting allocation of Talabira-II coal block in Odisha to Hindalco for its 650 Mw captive power plant in its Integrated Aluminium Project in Sambalpur, Odisha and for a