As it enters the high-tech alumina market, Hindalco Industries Ltd plans to pay $125 million to acquire US-based speciality alumina manufacturer AluChem Companies Inc. According to Saurabh Khedekar, CEO of Hindalco's alumina division, the acquisition will allow the company to expand its product line and get access to
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Metals are the classic driving force in the field of industrialization, with Steel holding the dominant position. For a long time, steel has contributed exceptionally to India’s economic growth. India ranks second after China in the production of crude steel. The Indian Steel Industry goes way back to the
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The concept of entrepreneurship in India can be traced to the early age of ancient Indian civilization. The Harappan civilization had established a commercial connection with the Mesopotamian society due to their trading culture of exchanging hand-crafted products like toys, pots, utensils, etc. This was known as the barter system,