• Fri, February 14, 2025

by: Moneycontrol

Hindalco sees neutral-to-positive impact on its US business from Trump tariff

Novelis, its US subsidiary that supplies premium aluminium sheet and foil products to the beverage can, automotive, aerospace and speciality markets, could actually benefit, said MD Satish Pai. The effect on parent Hindalco would be minimal since the US market constitutes a minuscule part of its exports.

by: cnbctv18

RBI penalises Nainital Bank and Ujjivan SFB for regulatory violations

RBI clarified that these penalties were imposed solely for regulatory lapses and do not affect the validity of any transactions between the banks and their customers.

by: AOL

Newman: Trump's biggest economic vulnerability has emerged

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by: businessday

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by: Vanguard

Klak launches cash flow management platform for small businesses

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by: CNET

Get More Than a Good Meal With Credit Cards That Reward You for Dining Out

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by: bnnbloomberg

Storied Peruvian Executive Resurfaces at Canadian Copper Startup

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by: ProPakistani

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by: Newsweek

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by: KBOI

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by: Diginomica

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by: Newsweek

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by: Reuters

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by: Diginomica

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by: AOL

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by: Forbes

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by: Forbes

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by: Reuters

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by: Reuters

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by: Forbes

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by: Forbes

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by: Reuters

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by: Forbes

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by: Reuters

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by: Reuters

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by: Reuters

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by: Reuters

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by: MSN

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by: MSN

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by: MSN

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by: MSN

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by: MSN

Trinseo PLC (NYSE:TSE) Q4 2024 Earnings Call Transcript

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by: MSN

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by: MSN

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by: MSN

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by: MSN

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by: MSN

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by: MSN

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by: MSN

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by: MSN

New Boot Barn 'doing great business' since opening in Big Flats. What to know about store

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by: MSN

Starbucks' CEO is planning a huge expansion in the Middle East and China

Starbucks plans to open 500 new stores in the Middle East and "many more thousands" in China, said Brian Niccol, the company's CEO.

Hindalco sees neutral-to-positive impact on its US business from Trump tariff

Novelis, its US subsidiary that supplies premium aluminium sheet and foil products to the beverage can, automotive, aerospace and speciality markets, could actually benefit, said MD Satish Pai. The effect on parent Hindalco would be minimal since the US market constitutes a minuscule part of its exports.
The article from Moneycontrol discusses the potential impact of former U.S. President Donald Trump's proposed tariffs on Hindalco Industries' U.S. operations. Trump's plan to impose a 10% tariff on all imports if re-elected could have a mixed effect on Hindalco. According to Satish Pai, the managing director of Hindalco, the impact on their U.S. business, Novelis, could be neutral to positive. This is because while the tariffs might increase costs, they could also benefit Novelis by making imported aluminum less competitive, potentially increasing demand for domestically produced aluminum. Pai also mentioned that the company is prepared for various scenarios, including potential trade wars, and has strategies in place to mitigate any adverse effects. Additionally, the article touches on the broader implications of such tariffs on global trade dynamics and the aluminum industry.

Read the Full Moneycontrol Article at:
https://www.moneycontrol.com/news/business/hindalco-sees-neutral-to-positive-impact-on-its-us-business-from-trump-tariff-12940976.html

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