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Grapevine: Hindalco mulls IPO for Novelis; Welspun Corp may sell ABG Shipyard land

General

09 May, 2024

Grapevine: Hindalco mulls IPO for Novelis; Welspun Corp may sell ABG Shipyard land

Hindalco Industries Ltd is contemplating a significant initial public offering (IPO) for Novelis Inc., its US-based subsidiary for making aluminum ......

Markets join global cheer as bears take a breather; indices at over 2-week high

Finance

27 June, 2022

Markets join global cheer as bears take a breather; indices at over 2-week high

Markets joined a rally in global stock markets to close at a more than two-week high on Monday, led by ......

Indices start the week on a strong note; Nifty at over 2-week high

Finance

27 June, 2022

Indices start the week on a strong note; Nifty at over 2-week high

Markets rose on Monday to their highest in more than two weeks, with technology and metal stocks leading the gains, ......

JSW Steel completes purchase of Welspun unit

Manufacturing

01 April, 2021

JSW Steel completes purchase of Welspun unit

Billionaire Sajjan Jindal-owned JSW Steel has completed the acquisition of Welspun Corp’s steel plates and coil mills division for Rs ......

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Apollo Global takes a haircut on one of its few direct India bets

Manufacturing

30 July, 2018

Apollo Global takes a haircut on one of its few direct India bets

Alternative investment firm Apollo Global Management, which stitched together a couple of deals in India almost a decade ago before ......