Hindalco

Govt transfers green nod of earlier blocks to Hindalco, GMR

In a bid to expedite operations from the recently allocated coal mines, the Environment Ministry had amended EC norms after a request made by the Coal Ministry to facilitate transfer of ECs to successful coal bidders.

May 01, 2015, 18:03 PM IST

Hindalco's Novelis ousts CEO, surprising investors

Top aluminum rolled products maker Novelis announced on Monday the surprise ouster of Chief Executive Officer Philip Martens who helped the India-owned firm shift toward the automotive sector.

Apr 20, 2015, 23:42 PM IST

Coal scam: SC stays trial court order summoning ex-PM Manmohan Singh, others

Former Prime Minister Manmohan Singh on Wednesday got relief from the Supreme Court which stayed the trial court order summoning him as accused in a coal block allocation case.

Apr 01, 2015, 19:50 PM IST

Coal scam: Relief to ex-PM Manmohan Singh, others as SC stays trial court order

In a relief to former Prime Minister Manmohan Singh, the Supreme Court on Wednesday stayed the trial court order summoning him as accused in a case pertaining to grant of Talabira-II coal block in Odisha in 2005 to Aditya Birla group company Hindalco.

Apr 01, 2015, 13:09 PM IST

Fully concious about seriousness of case involving ex-PM: Court

A special court Wednesday observed it was "fully conscious" about the seriousness of the Talabira II coal block allocation allegedly involving a former Prime Minister and a top industrialist but only a prima facie opinion was required to be formed at this stage to summon them as accused.

Mar 11, 2015, 23:49 PM IST

No officials, Birla pursued any unlawful means: Hindalco

Aditya Birla group flagship firm Hindalco Wednesday said none of its officials, including Chairman Kumar Mangalam Birla had pursued any unlawful or inappropriate means to secure allocation of Talabira-II coal block in Odisha.

Mar 11, 2015, 20:55 PM IST

P C Parakh's arbitrary action caused loss to PSU: Court

Former Coal Secretary P C Parakh's acts of "omission and commission" prima facie raised a grave shadow of doubt about his conduct in the entire process of allocation of Talabira II and III coal blocks which resulted in causing loss to a PSU, a Special court observed on Wednesday.

Mar 11, 2015, 20:50 PM IST

KM Birla played "active role" to secure coal block: Court

Various high-ranking officials of Aditya Birla Group "left no stone unturned" to secure the coal block, the court said while holding that "criminal conspiracy" was prima facie initially conceived by Hindalco officials Shubhendu Amitabh and D Bhattacharya.

Mar 11, 2015, 20:50 PM IST

Manmohan's action facilitated windfall profit to HINDALCO: Court

Former Prime Minister Manmohan Singh's approval to allocate coal block to HINDALCO prima facie "facilitated windfall profits" to the private firm resulting in loss to state-owned PSU Neyveli Lignite Corporation Ltd (NLC), a special court observed on Wednesday.

Mar 11, 2015, 20:45 PM IST

Am upset, will prove my innocence: Manmohan Singh on summons

"I am upset," reacted former Prime Minister Manmohan Singh, who was on Wednesday summoned as an accused by a special court in a coal scam case by a special court but expressed confidence that he will prove his innocence in a fair trial.

Mar 11, 2015, 17:59 PM IST

Coal scam: Manmohan Singh made accused, summoned by court

The special court observed that Manmohan Singh was roped into the criminal conspiracy to "accommodate" M/s HINDALCO in Talabira-II coal block allocation in 2005.

Mar 11, 2015, 16:21 PM IST

Coal scam: Manmohan Singh, KM Birla, 4 others summoned as accused

Besides these three, the court also summoned M/s Hindalco, its officials Shubhendu Amitabh and D Bhattacharya as accused in the case.

Mar 11, 2015, 11:04 AM IST

Hindalco shares pare early gains; down over 1% at close

Paring early gains, shares of Hindalco Industries ended over 1 percent lower today in-line with an overall weak stock market, even as the company bagged maximum number of mines in the first phase of auction.

Feb 23, 2015, 18:50 PM IST

Hindalco shares surge over 3% as company bags maximum mines

Shares of Hindalco Industries rose over three per cent today after the company bagged the maximum number of mines in the first phase of auction.

Feb 23, 2015, 12:35 PM IST

Coal auction: Hindalco Industries wins one more block; total 3

Continuing aggressive bidding, Hindalco Industries has bagged one more mine in the ongoing coal auction, taking the total number of blocks won by the firm to three that includes two in Chhattisgarh and one in Jharkhand.

Feb 21, 2015, 11:17 AM IST

Coal scam: CBI completes probe in Hindalco case

CBI on Thursday filed its final probe report in a coal block allocation case allegedly involving former Coal Secretary P C Parakh, Hindalco and others before the special court which will consider it on March 11.

Feb 19, 2015, 11:16 AM IST

Coal scam: Court fixes March 11 for considering CBI's final report

The Central Bureau of Investigation (CBI) on Thursday told the special court it has completed investigation in the coal scam case allegedly involving Hindalco and others.

Feb 19, 2015, 10:59 AM IST

Aditya Birla group firm Hindalco wins another coal mine

Hindalco has bagged two mines out of the 13 put on offer so far.

Feb 19, 2015, 10:48 AM IST

Hindalco bags Kathautia coal mine

On the second day of coal auction, Hindalco Industries today walked away with a coal mine in Jharkhand.

Feb 15, 2015, 19:28 PM IST

Hindalco's Q3 net grows 7.5% at Rs 359 crore

Aluminium major Hindalco Ltd's profit after tax grew by a modest 7.5 percent at Rs 359 crore in Q3 FY15 due to a sharp rise in the finance costs.

Feb 12, 2015, 21:38 PM IST