NEW DELHI, MAY 28, 2024 (TBB BUREAU): US-based Novelis Inc., a subsidiary of Hindalco Industries, is set to launch an initial public offering (IPO) to raise up to USD 945 million, with an estimated equity valuation of up to USD 12.6 billion. In this public issue, approximately 45 million shares will be sold by Novelis Inc.’s sole shareholder, A V ...

Read More »