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