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Published: May 31, 2024
Updated: May 31, 2024
The Aditya Birla group has decided not to list Novelis, a subsidiary of Hindalco, citing bad market conditions.
The group planned to raise $1 billion with a valuation of up to $18 billion. But after talking to investors, the company realised that they would not pay a very high premium, and hence the change in plans
February 15, 2025 - First Issue
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