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Fluctuations in world aluminium capacity
For its size and multi-country production facilities, frequent technology updates and a balance sheet making it a “confident company in a nervous world,” Alcoa of the US is seen as bellwether of the world aluminium industry. Therefore, when Alcoa reported a loss in the final quarter of 2011, the first since 2009 second quarter, due to wilting demand from packaging to construction to automobile

Gov. Brown asks Calif to dream big, approve taxes

Gov. Jerry Brown outlined his plan Wednesday to raise taxes to pull the state out of its financial malaise, casting his proposals as an investment in the future of California like those of the

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Aluminium's energy nightmare

The message came loud and clear from Planning Commission deputy chairman Montek Singh Ahluwalia that a power intensive industry like aluminium will do well to be sharply focussed on process

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Oil India in talks to buy asset in Africa

Company to spend between Rs 5,000 and Rs 6,000 crore. State-run Oil India Ltd (OIL) is in advanced talks to acquire an oil and gas producing asset in Africa, a person familiar with the matter said. A

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Analysts' corner

CAIRN INDIA
Reco Price: Rs 326;
Target price: Rs 365
Analysts have raised their target price, primarily driven by weaker rupee

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Steel's carbon dioxide emission burden

Carbon dioxide (CO2) is the principal contributor to global warming. With world steel production at 1.42 billion tonnes (bt) in 2010 and output of 116 bt till November 2011, it is natural that this

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