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