Hindalco to raise $1.08 b via Novelis IPO - The Hindu BusinessLine
Hindalco Industries to raise $931 million to $1.08 billion through Novelis India IPO on NYSE.
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Hindalco Industries to raise $931 million to $1.08 billion through Novelis India IPO on NYSE.
The company's thriving Indian operations and the struggles in Europe present a stark contrast
N. Chandrasekaran is spearheading a massive transformation at the Tata Group by adding new businesses and strengthening old ones.
Tata Steel embarks on promising debt reduction journey Even after spending Rs 6,979 crore as capital expenditure Tata Steel generated a free cash flow of Rs 23,748 crore in the last financial year. It made a net borrowings repayment of Rs 30,560 crore Nevin John | May 10, 2021 | Updated 23:22 IST One more good year of high demand and lucrative margin will change the fortune of Tata Steel, which has reduced nearly Rs 30,000 crore debt in 2020-21. The steelmaker, which has been struggling with its $12 billion legacy acquisition of Corus Plc in 2007, has brought down its net debt to Rs 75,389 c...