| Hindalco Industries Ltd | |
|---|---|
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| Type | Public |
| Founded | 1962 |
| Headquarters |  Mumbai, India |
| Key people |  Kumar Mangalam Birla (Chairman) |
| Industry | Metals |
| Products | Aluminium and Copper |
| Revenue | रू. 19,523 crore (FY 2007 excluding Novelis) |
| Employees | 13,675 |
| Parent | Aditya Birla Group |
| Website | www.hindalco.com |
situation=renukoot(uttar pradesh)
Hindalco Industries is one of India's largest material-related company and is a subsidiary of the Aditya Birla Group. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc Mumbai ( Marathi:,, IPA: formerly Bombay, is the capital of the Indian state of Maharashtra and the financial India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country Kumar Mangalam Birla ( June 14, 1967) is among the richest persons in India and the eighth youngest billionaire outside India according to the Fortune For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services The rupee (रुपया ( code: INR) is the Currency of India. Employment is a Contract between two parties, one being the employer and the other being the employee. A holding company is a company that owns part all or a majority of other companies' outstanding Stock. The Aditya Birla Group is a multinational corporation based in Mumbai, India and operations in 20 countries including Thailand, Laos, A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country The Aditya Birla Group is a multinational corporation based in Mumbai, India and operations in 20 countries including Thailand, Laos, It is run by one of the world's youngest billionaires, Mr. K.M. Birla. Kumar Mangalam Birla ( June 14, 1967) is among the richest persons in India and the eighth youngest billionaire outside India according to the Fortune
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Financial information
The company has annual sales of $ 5 billion and employs 13,675 people and is listed on Forbes 2000. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been The Forbes Global 2000 is an annual ranking of the top 2000 Public companies in the world by Forbes magazine A metals powerhouse with a turnover of US$ 14 billion, Hindalco is the world's largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia.
Novelis takeover
On February 11, 2007, the company entered into an agreement to acquire the Canadian company Novelis for U$6 billion, making the combined entity the world's largest rolled-aluminium producer. Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Novelis Inc is a Canadian company headquartered in Toronto involved in Aluminum rolling and Aluminum can Recycling. On May 15, 2007, the acquisition was completed with Novelis shareholders receiving $44. 93 per outstanding share of common stock.
Hindalco, through its wholly-owned subsidiary AV Metals Inc. , acquired 75,415,536 common shares of Novelis, representing 100 percent of the issued and outstanding common shares. Immediately after closing, AV Metals Inc. transferred the common shares of Novelis to its wholly-owned subsidiary AV Aluminum Inc.
Other acquisitions and takeovers
In July 2007, Hindalco announced it is acquiring the stake of Alcan Inc. Events in July The traditional period known as "fence month" (the closed season for deer in England ended July 9 (date varied Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. 's in the Utkal Alumina Project located in Orissa.
Forbes ranking
Hindalco is listed on the Forbes Global 2000 at the position 1821 [1]. The Forbes Global 2000 is an annual ranking of the top 2000 Public companies in the world by Forbes magazine
References
External links
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