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Aluminium maker News
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Aluminium maker Hindalco Industries seeks its shareholders' approval to raise up to Rs 6,000 crore through issuance of non convertible debentures (NCDs) on private placement basis.
Aluminium maker Hindalco on Thursday said it is not going for refinancing under a Reserve Bank scheme even as market speculation was rife that it is looking to refinance loans up to Rs 8,000 crore.
National Aluminium Company (NALCO), a navaratna public sector undertaking, has achieved its highest gross turnover of Rs 7,774 crore in financial year 2014-15 as compared to Rs 7,024 crore achieved during previous fiscal.
Its net profit in the corresponding quarter of the last fiscal was Rs 131.03 crore, Nalco said in a BSE filing.
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