DriveSys Systems Private Limited has acquired additional land in Maharashtra to expand its aluminium project. The company is a wholly owned subsidiary of ZF Steering Gear. The company has acquired Plot No. E-10, covering around 25,882 sqm, at Supa Parner Industrial Park in Ahilyanagar district. The...
The European Union (EU) is preparing a broader restriction on aluminium scrap exports to non-Organisation for Economic Co-operation and Development (OECD) countries, replacing an earlier trade proposal that would have covered only part of the bloc’s scrap flows. The move could largely impact...
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TAKRAF India has secured a contract from Hindalco Industries to design and supply a complete bauxite handling system, extending the strong working relationship between the two companies. Image sources: TAKRAF Hindalco, a flagship company of the Aditya Birla Group, is based in Rayagada, Odisha, and...
Global mining and metals company Vedanta Resources is pressing ahead with its long-awaited corporate restructuring, with Chief Executive Officer Deshnee Naidoo confirming that the demerger of its Indian arm is targeted for completion within FY2025–26. Her optimism follows a breakthrough in the...
Scientists in Bengaluru, India, have introduced an innovative aluminium-based battery, transforming the energy storage scene. This groundbreaking research was led by the Centre for Nano and Soft Matter Sciences (CeNS), in collaboration with the Centre for Nano Science and Engineering at the Indian...
The state of Kerala is on the cusp of entering India's bauxite mining sector, with plans advancing to auction off what are being described as among the richest new deposits discovered in the country in three decades. Found in the Kasaragod district, the high-grade bauxite deposits are poised to...
In conversation with Mr Manish Bansal, the Director and CEO of Window Magic highlights aluminium’s pivotal role in reshaping India’s architectural and fenestration industry, offering strength, design flexibility, and sustainability compared to traditional materials. He notes its recyclability,...
Oppo has just broadened its F series lineup in India with the introduction of three exciting new models, the Oppo F31 5G, Oppo F31 Pro 5G and Oppo F31 Pro+ 5G. Aimed at the mid-range market, these smartphones are built to last, featuring three IP ratings and a frame made from aerospace-grade...
The recent proposal by Trump to the EU to impose a 100 per cent tariff on India and China, which was a part of an effort by the Russian president to end the war in Ukraine, is on the verge of conclusion. The EU has turned down Trump's suggestion to impose a 100 per cent tariff on India due to its...
On Wednesday, September 10, Lok Sabha Speaker Om Birla highlighted the significant role of aluminium, in global manufacturing and green transition. Speaking at Alumex India 2025, an exclusive event for aluminium extrusion and its allied industries, Birla described aluminium as a versatile metal,...
The Indian rupee hit a new all-time low against the US dollar on Thursday, highlighting the growing strain from US tariffs on Asia's third-largest economy. The currency ended the day at 88.4425 per dollar, which is a drop of 0.39 per cent from the previous close of 88.1000, slipping past its...
Sampat Aluminium, an aluminium products producer from Gujarat, is opening its first initial public offering (IPO) for subscription from 17 September 2025, with the issue closing on 19 September 2025. The company aims to raise about INR 305 million (USD 3.67 million) from a fresh issue of 25.44 lakh...
The global aluminium market is currently facing a tricky landscape filled with price fluctuations, changing trade patterns and an increasing focus on sustainability. From the rising scrap prices in China to India's growing influence in imports, along with policy changes in Europe and the energy...
India’s automobile sector is on alert as supplies of rare earth magnets from China remain suspended, two weeks after Beijing promised to ease export restrictions. Despite high-level talks between the two countries, automakers and component suppliers say little has changed on the ground, and...
Vedanta is pressing ahead with plans to establish a new 3 million tonnes per annum (MTPA) aluminium smelter in Dhenkanal, Odisha, a senior company official confirmed. The projects, once completed, will effectively double the company's existing aluminium capacity. Rajiv Kumar, CEO of Vedanta's...
September 10, 2025, New Delhi: India’s first-ever exhibition dedicated solely to aluminium extrusions ‘ALUMEX India 2025’, organised by ALEMAI (Aluminium Extrusion Manufacturers Association of India), has begun at the Bharat Mandapam Convention Centre in the capital city of India and will continue...
Worldwide Aluminium, an India-based supplier of aluminium products, has fallen to a new 52-week low, trading at INR 15.76 (USD 0.19) on 9 September 2025. The share has underperformed its sector by 3.21 per cent and has fallen 9.68 per cent over just two days. The decline matches weakness in global...
India's foremost aluminium producer, Vedanta Aluminium has initiated a grassroots education programme in Odisha with the Block Education Department. The programme included a one-day teachers' orientation programme at Mahima Degree College (Bijapali) with over 650 elementary teachers from Lakhanpur...
The global aluminium flat rolled products (FRP) market, excluding foil, is poised for resilient growth in 2025, according to different types of market segmentation driven by sustained demand from global market trends of transportation, packaging (excluding foil), construction, and renewable energy...
India’s indirect tax system is on the verge of a major shift with the introduction of GST 2.0 from September 22, 2025. At the centre of this overhaul are two pillars—Integrated GST (IGST) and Cess—that decide how imported goods, inter-state supplies, and luxury products are taxed. IGST has long...
