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Hindalco to raise Rs 2,900 crore in QIP24-NOV-09
Hindalco Industries, India’s largest aluminium maker, plans to sell shares to institutional investors at Rs 130.90 each to raise Rs 2,900 crore this week. The board of directors met here today to fulfill the formalities before the issue is opened.
Hindalco closes Novelis plant in UK, to recast capex plan02-JUL-09
Aditya Birla group flagship firm Hindalco Industries has decided to trim its overseas operations and is restructuring its capital expenditure in India in an effort to stabilise operations.
Hindalco plans 1:3 rights to net Rs 5,000 crore21-JUN-08
 The company does this to avoid foreign currency mismatch.  Hindalco Industries, India's largest aluminium maker, has said that it will raise Rs 5, 000 crore ($1.2 billion) selling rights shares in a bid to partly repay loans it took to acquire a Canadian company, Novelis, last year.
  
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