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