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Sivasankaran enters taxi space to take on Uber and Ola Housing demand revival Eyes strong growth in 2016-17 Tata Motors charts investments in PV and CV businesses L & T’s floating dock for navy RoC in the dock... E.I.D Parry (India) Ltd: another sweet year Daimler grows sales and share in India HPCL plans Rs.61,000 crore capex over 5-years Daimler’s truck exports from Chennai cross 5000 units Tata Motors aims to be among the Top 3 global CV & PV firm Welcome focus to improve rural India... Hyundai to focus on SUVs and AMT variants ITC chairman calls for policy impetus to transform agriculture L&T profit up by 11 per cent 29 per cent jump in TCS revenues V-Guard launches app-enabled water heater system Increasing market share From the toughest to the best year CAPITAL NOTES Yamaha unveils scooter boutique ITC – steep excise hike Gamesa to set up a plant in Nellore Mercedes-Benz sales continue to zoom M & M unveils driverless technology for tractors Tata Steel, ThyssenKrupp sign MoU to merge European units Hyundai India achieves 7 mn production at Chennai factory TI Cycles plans retail expansion to drive sales for premium bicycles Toyota and Suzuki to introduce EVs in India by 2020 Chinese smart phones flourish in small towns too! A welcome initiative-even critics are recognised Forging industry worried over lower supply of steel and its price PSU non-life firms seek to protect share PPP model for infrastructure development Tata gets 4-star rating for Zest He excels in the nuts and bolts of entrepreneurship Tata Motors joins compact SUV bandwagon with Nexon Nissan exit shouldn’t affect ALL Back in growth mode Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Preparing for the next growth curve Shriram Life clocks more than Rs.1000 crore premium in 2015-16 TVS Srichakra plans capacity expansion Singur minus Nano – victory or folly? The unexpected exit Is this a generation gap? Smartphone onslaught by Chinese brands AL introduces Guru & Partner When small is not so beautiful… New India Assurance posts impressive show Wabco launches safety system IOB on turnaround path Solar installations exceed 2015 capacity in five months Record two-wheeler sales Carnival Films acquiring 3000 screens pan India Michelin to double Chennai capacity TVS Automobile invests Rs.75 crore in start-up firms The gainers and the losers Are they really independent? Right to privacy – now it’s fundamental! Aurobindo Pharmacy: good turnaround Titan Company – sales recovery to kick in LVB posts 31 per cent growth in Q1 net profit Emami – a new growth mantra Sundram Fasteners rejigs international Smooth sailing of SAIL Hindalco – re-rating L&T bags the Mumbai Trans-harbour link order A niche in FMCG business... Land wars It takes two to tango AL secures orders for 3600 buses Rane targets Rs.5500 crore topline by 2018-19 Vellayan is back, after 150 days Last stages Bajaj Finserv – Q1: fare well AL wins Deming prize again Kone India eyes further growth in elevator market Dish TV – subscriber additions encouraging Maruti – for young buyers Consolidating leadership position in smartphones L & T set bigger ambitions in defence business Ode to Ratan Tata TN government keen on revival of operations at Nokia complex Tata Motors bets on new launches
 
Hindalco – re-rating

Alcoa’s Q2 earnings release has forecasted auto sheet revenue of US$ 1.3 bn by 2018 (negligible currently), indicating global auto aluminium sheet market is set to accelerate. Hindalco’s subsidiary Novelis is a leader in this market with over 50 per cent market share. The multi-fold jump in aluminium auto sheet market is expected to be driven by auto companies which need to meet stringent fuel efficiency norms.

Source: Axis Capital


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