Novelis Aleris Deal

The deal, which closed at an enterprise value of $2.8 bn, positioned Hindalco as one of the world's largest aluminium companies, with a global footprint across 49 manufacturing facilities

From a single-authority mechanism for processing GST refunds to exporters coming soon to NCLT approving JSW Steel's Rs 19,700-cr bid for Bhushan Power & Steel, here are today's top business news

The DOJ and Novelis have agreed to refer the matter to a binding arbitration, given the differences in calculating the market size, among other things

Defiant Novelis says it will challenge the lawsuit; firm to go ahead with proposed acquisition of Aleris Corporation

Hindalco cuts FY20 India capex to Rs 2,000 crore on weak LME price trend

Deal depends on clearances from US, China and EU