HPCL Brings Energy Leaders, Researchers and Startups Together at IISc Bengaluru to Accelerate energy Innovation through MC²+ IGNITE
The Hindustan Petroleum Corporation Ltd. today hosted the Bengaluru edition of MC²+ IGNITE – India’s flagship energy innovation accelerator at the Indian Institute of Science (IISc) Bengaluru, bringing together leaders from the energy industry, academia, research, startups and the investment...
HPCL brings energy leaders, researchers and startups together at IISc Bengaluru to accelerate energy innovation through MC²+ IGNITE
The Hindustan Petroleum Corporation Ltd. today hosted the Bengaluru edition of MC²+ IGNITE – India’s flagship energy innovation accelerator at the Indian Institute of Science (IISc) Bengaluru, bringing together leaders from the energy industry, academia, research, startups and the investment...
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Andhra Pradesh eyes to take a lead in the world of electronic vehicles, plans to invest INR 30,000 crore by 2030
Andhra Pradesh is reportedly transforming itself into a major hub for automobile and component manufacturers, with some of the world-class brands, including Isuzu Motors India, Hero MotoCorp, Kia Motors India, Apollo Tyres and Bharat Forge, setting up manufacturing operations in the state. Now, in...
NALCO’s aluminium ingots price stands at INR 145,700 – 149,150/t with effect from August 1
National Aluminium Company Limited (NALCO) has increased its aluminium products price for second time in a row. With effect from Saturday August 1, NALCO's aluminium ingots price stood at INR 145,700 – 149,150 per tonne, registering a hike of INR 200 or 1.39 per cent from INR 143,700-147150 per...
Maan Aluminium net profit shrinks 61.40% in the March 2020 quarter
India’s Maan Aluminium net profit declined 61.40% to INR 0.83 crore in the quarter ended March’20, as against INR 2.15 crore during the previous quarter ended March’19. The company is one of the pioneers in the Aluminium extrusion industry in India. The aluminium company’s facility is based in...
Honor enters Indian market with MagicBook 15 aluminium chassis laptop
Honor, a company owned by Huawei Technologies has glared its entry into a new segment in India. The company has launched its first laptop — Honor MagicBook 15 in the country. The Honor MagicBook 15 comes with an aluminium chassis and a pop-up webcam which is hidden beneath the camera button placed...
Vedanta’s aluminium ingot selling price is now at INR144000-157000/t after a hike w.e.f July 30
Vedanta Limited has continued to hike its aluminium ingot and aluminium product prices, following the growth on July 24. The latest hike in price came into effect on July 30, marking the second consecutive increase in Vedanta’s aluminium prices. Vedanta is now selling its aluminium ingot at INR...
Wheels India plans to start cast aluminium wheels export to the US from September
Wheels India Limited has planned to export forged aluminium wheels to the US. This would meet the market demands in the US market. The company’s new cast aluminium wheel plant will begin exports to the market from September. “The financial year will be a difficult one due to declining economies in...
Hindalco’s aluminium ingot price stands at INR 145,250 per tonne with effect from July 30
Hindalco Industries Ltd has raised its aluminium products price for the second time in a row. With effect from Thursday July 30, Hindalco aluminium ingots price now stands at INR 145,250 per tonne, an increase of 1.4% or INR 2,000 per tonne from INR 143,250 per tonne on July 24. The company is now...
“COVID-19” impact: Aluminium Extrusion Company Jindal Aluminium witnesses rising demand from ventilator producers
Jindal Aluminium Ltd. (JAL), India's largest aluminium extrusion company with a legacy spanning 50 years witnessed rising demand from ventilator producers as the spread of COVID-19 necessitated the use of this vital equipment at hospitals to save the lives of critical patients. COVID-19 has...
Roll-out of National Coal Index powers the demand for National Mineral Index in India, Bauxite mining to foster
The introduction of “National Mineral Index” in India will support the mining sector to become a competitive and engaging uniform competition in auctions and active participation by small scale mining firms. The roll-out of the National Coal Index (NCI) has brought about a switch by bringing in...
Aluminium Association of India: Solicits 12-13% tax refund rate under new export scheme adducing high burden of un-rebated taxes
The major players of the Indian Aluminium industry body have solicited a top tax refund rate of 12-13% under a suggested export scheme, emulated to the 2% receivables under the existing one. The Aluminium Association of India adds up Hindalco Industries, Bharat Aluminium Company, National Aluminium...
Nalco increases its aluminium ingot price by nearly INR3000/t with effect from July 24
National Aluminium Company has increased its aluminium ingot and aluminium product prices with effect from Friday, July 24, following a cut of nearly 2 per cent with effect from July 18. With the latest hike, Nalco’s aluminium ingot price has come in at INR 143,700-147150 per tonne, up INR 2,950...
India’s imports of aluminium scrap from the US surged by 28% in the first four months of 2020
India’s imports of aluminium scrap from the US stood at 10,400 tonnes in April, with a month-on-month decrease of 70%. India had imported 34,100 tonnes in March 2020. On a yearly basis, imports reduced by 51.4% from 21,400 tonnes in April 2019, as updated by the US Census Bureau. In the first four...
Southern Indian state Tamil Nadu secures another INR 5100 investments, SAF to set up aluminium auto parts production facility
On 23 rd July’20, the State Government of Tamil Nadu signed 16 MoUs apprehending fresh investments worth more than INR 5100 crore. As per the Govt, it will support to deliver over 6500 jobs. In two months the Govt has signed MoUs valued for INR 30,664 crore investment which is visualized to create...
Hindalco increases its aluminium prices by INR2000/t after a cut last week
Hindalco has hiked its aluminium ingot and aluminium product prices by INR 2,000 per tonne or 1.42 per cent with effect from Friday, July 24, following a cut last week on July 17. With the latest increase in price, Hindalco is selling its aluminium ingot at INR 143,250 per tonne, compared to INR...
Vedanta increases aluminium ingot price by 1% w.e.f from July 24 in line with the uptrend in LME aluminium price
Vedanta Limited has increased its aluminium ingot and aluminium product prices with effect from Friday, July 24, following a cut last week on July 17. With the latest hike, the company’s aluminium ingot price is now ranging between INR 141,750 per tonne and INR 154,750 per tonne, up INR 1,750 per...
Aluminium insulated “Cool Dolly” introduced at Hyderabad International airport in India
Hyderabad International Airport has been introduced with a multi-ULD (unit load device) Cool Dolly to maintain the cold chain for time and temperature-sensitive shipments such as pharmaceuticals and perishables. Vandana Aggarwal, Senior Economic Advisor, Ministry of Civil Aviation (MoCA), Govt of...
“Self-Reliant India”: Govt. strategies to unlock 500 mineral blocks across open auction, counting 11 bauxite mines
The Government of India is evaluating a drive to unlock about 500 mineral blocks through an open and transparent auction by repealing Section 10A2 (b) of MMDR Act under the ‘Self-reliant India” vision. The drive is surmounted to support unlocking of more than a billion tonne of mineral reserves and...
Technology turning a piece of Aluminium into water purification device: An Indian University alumnus innovation
An Indian University alumnus innovation potentially offers a solution to the problem of lack of potable water in the world, which states several lives globally every year. A former Allahabad University student Subhash Chandra Singh is part of a team of researchers from University of Rochester, New...
