Company Overview and News


Add HNDNF
to your dashboard

Headline News

Deals Buzz: Lenders may drag Videocon arms to bankruptcy court

2018-01-18 livemint
Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. (42-0)

Hindalco’s Aleris acquisition bid may face competition from Vedanta

2018-01-18 livemint
Mumbai: Mining mogul Anil Agarwal’s Vedanta Resources Plc. is considering a bid for Aleris Corp., a move that may pit it against Hindalco Industries Ltd’s $2.5 billion bid for the US-based aluminium products maker, two people aware of the development said. (15-0)

SEBI ban of PwC leads to a new struggle for audit and auditors

2018-01-16 moneycontrol
The Sebi ban on Price Waterhouse or PwC (India), opens up a pandora’s box in terms of the practices, competition, and need for more players in auditing even as the troubled firm seeks a stay on the market regulator’s order. (8-0)

SEBI ban on PW may hit audit of 77 firms, including Tata Steel, Hindalco

2018-01-11 thehindubusinessline
In FY17, the PW network earned over ₹81 crore in audit fees from its listed clients (12-0)

Market Live: Sensex, Nifty hit fresh record highs; Metal index top gainer

2018-01-05 moneycontrol
10:01 am Buzzing: Shares of Orbit Exports touched 52-week high of Rs 190, rising nearly 5 percent in morning as company s going to consider buyback of its equity shares. (17-0)

Hindalco Industries: Eyeing Aleris Corp?

2018-01-04 thehindubusinessline
Shares of Hindalco Industries will see market attention on reports that it is among the potential buyers that submitted bids for US aluminum producer Aleris Corp. A Bloomberg report quoting unnamed sources said Hindalco made a non-binding offer through its US unit Novelis Inc, and will now conduct due diligence. A deal could value Aleris at around $2.5 billion. The move could help Hindalco achieve its overseas expansion plans.

News highlights of the day: BSE NSE ask members to trade cautiously in 200 illiquid stocks

2018-01-04 moneycontrol
India may have to give freer rein to the rupee this year to avoid triggering US accusations that they’re manipulating their currencies to support exports, reports Bloomberg. The Reserve Bank of India has already exceeded a key threshold on how much it can intervene to curb the rupee’s gains that the US monitors, according to Nomura Holdings. (80-0)

News Live: BSE NSE ask members to trade cautiously in 200 illiquid stocks

2018-01-04 moneycontrol
India may have to give freer rein to the rupee this year to avoid triggering US accusations that they’re manipulating their currencies to support exports, reports Bloomberg. The Reserve Bank of India has already exceeded a key threshold on how much it can intervene to curb the rupee’s gains that the US monitors, according to Nomura Holdings. (80-0)

Hindalco is said to bid for $2.5 billion aluminum firm Aleris

2018-01-04 livemint
Mumbai: Hindalco Industries Ltd. is among potential buyers that submitted bids for US aluminum producer Aleris Corp., people with knowledge of the matter said, as Indian billionaire owner Kumar Mangalam Birla moves ahead with plans to expand his overseas operations. (15-0)

Market Update: 107 stocks hit new 52-week high on NSE; Graphite up 8%, RIL, Maruti most active

2018-01-03 moneycontrol
The Indian benchmark indices on Wednesday afternoon were trading on a positive note on Monday with the Sensex adding 82 points and was trading at 33894 while the Nifty gained 32 points and was trading at 10475. (14-1)

Sensex, Nifty gain on hopes of global economic recovery

2018-01-03 in.reuters
REUTERS - Indian shares rose on Wednesday, tracking strong Asian markets which rose on expectations of an improvement in the global economy, but gains were capped ahead of key corporate results starting next week. (10-1)

Market Update: Tech Mahindra hits new 52-week high, ICICI Bank top Nifty gainer; Dr Reddy#39;s falls 2%

2018-01-03 moneycontrol
The Indian benchmark indices on Wednesday morning were trading on a positive note on Monday with the Sensex adding 71 points and was trading at 33883 while the Nifty gained 28  points and was trading at 10470. (21-1)

Nifty closes lower on FO expiry day, but rallies 2.5% in December series; PSU banks drag

2017-12-28 moneycontrol
Benchmark indices closed lower for the second consecutive session Thursday as the Nifty failed to hold 10,500 level on the last futures & options contracts expiry of the year. Investors also looked cautious due to rising crude oil prices and SEBI board members meeting. (49-0)

Sensex, Nifty flat ahead of derivatives expiry; metal stocks up

2017-12-28 in.reuters
(Reuters) - Indian shares were little changed on Thursday ahead of expiry of derivatives contracts and on lingering concerns over government borrowing exceeding target, but metals stocks such as Vedanta Ltd rose tracking global commodity prices. (2-0)