Low volumes, refinancing costs push down Hindalco Q4 profits by 43%

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Low volumes, refinancing costs push down Hindalco Q4 profits by 43%

MUMBAI : Hindalco Industries Ltd, the flagship metals company of the Aditya Birla group, reported a 43% fall in its Q4 net profit to ₹668 crore, from ₹1178 crore in the previous year. A marginal drop in volumes in key product segments, lower realisations and a …
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Wyoming council approves accounting change

Wyoming City Council made a change to its budget accounting approach at its Tuesday, June 2, meeting. Council approved transferring its capital
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European Football Restarts But Minus Fans

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Tesla at $1000: too much too soon for some analysts

(Reuters) – Top Wall Street brokerages Goldman Sachs and Morgan Stanley downgraded their ratings on Tesla Inc (TSLA.O) saying the electric carmaker’s shares were overpriced, two days after the high-flying stock crossed $1,000 per share. The brokerages …
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British Airways: A breakdown in trust?

British Airways was once seen as a national champion, a potent symbol of the country’s commercial prowess and – as the airline itself puts it – of “timeless British values and modern Britain’s strengths”. Now, however, it is a company in crisis – struggling to cope …
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