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Hindalco to raise $1.08 b via Novelis IPO - The Hindu BusinessLine - Vimarsana News

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.

After Tata Steel's big losses, shareholders could ask if it's time to sell Corus - Vimarsana News

After Tata Steel's big losses, shareholders could ask if it's time to sell Corus

The company's thriving Indian operations and the struggles in Europe present a stark contrast

Reinventing@Tata - Vimarsana News

Reinventing@Tata

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 - Vimarsana News

Tata Steel embarks on promising debt reduction journey

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...