Dugis Shares of Hindalco on Friday ended 1. Foul language Slanderous Inciting hatred against a certain community Others. Employees of bankrupt RTIL join hands to revive company Move to prevent liquidation of premium clothing firm Hindalco expects to get the final court approval under the Canadian law by May Get instant notifications from Economic Times Allow Not now. The deal values Novelis at eight times its operating profit. The New Year heralds an election season marked by yearning, anger, uncertainty — and above all, hope.
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Careers at Novelis Success Beyond the Classroom Engineering experience and talent is a critical need at Novelis, as our engineers are at the forefront of developing and delivering new products for our customers. With that top-of-mind, Novelis created the Engineering Development Program, identifying the most qualified candidates and providing them with clear career paths to support future growth and development.
The program includes classroom coursework, coaching, on-the-job projects and other development opportunities. This program has proven to accelerate the development of an early-career engineer as it provides them with knowledge of the end-to-end manufacturing process and an understanding of how their role aligns to it.
In the six years that the Engineering Development Program has been in existence, over early-career engineers have graduated. Women in Novelis WiN Women in Novelis WiN is an employee program aimed at supporting the professional contributions and careers of female employees at Novelis.
This grassroots effort helps us embrace and leverage our diversity by providing a forum for women and men to share ideas, network and help accelerate the recruitment, retention and advancement of women at all levels of our organization.
Driving new opportunities and positive changes in policies and operations, Novelis is dedicated to furthering our commitment to ensure all employees have the right tools, resources and opportunities to grow, thrive and develop.
Engineering Profiles At Novelis, engineering is among the most critical roles in the development of products that are constantly moving aluminum forward.
And as an engineer here, your opportunities to create real impact are numerous and diverse. Specialized engineering roles where your skills can make a difference at Novelis include: Product Metallurgical Engineers work extensively with all Novelis sheet groups and facilities to ensure production of consistently high-quality products. Metallurgical engineers operate on a sheet and group-wide basis, providing technical guidance to all manufacturing and support departments in the areas of product and process metallurgy.
Automation Engineers provide expertise in automation, computer control and process knowledge and are a critical part of manufacturing, particularly in terms of safety, quality and cost objectives. These positions require a B. Experience in the maintenance, design, development, implementation and optimization of automated systems relevant to industrial process control is preferred.
Mechanical Engineers provide a full range of engineering expertise, effectively servicing equipment, buildings, grounds and utilities as needed. The services provided cover all phases of heavy industrial plant engineering typical of the metals industry and are usually mechanical, electrical or civil in nature.
This role may at times direct the work of outside contractors, draftsmen, engineering technicians or other elements of the maintenance workforce on special projects. This can include developing scopes of work, schedules and budgets for new equipment or modifications to existing equipment or control systems; carrying out engineering studies; reviewing and advising on designs; developing equipment specifications; supervising installations; and commissioning and providing cost controls.
Hindalco unit Novelis acquires US-based Aleris Corp in $2.8 billion deal
This loss was mainly on account of 39 percent increase in aluminium prices between September 30, and , which it was unable to pass on to its customers as per an earlier contract. On February 10, , Novelis and Hindalco entered into a definitive agreement for Hindalco to acquire Novelis. Its profit after tax PAT had continuously increased from Rs. With accelerating domestic growth Hindalco always looked for overseas options through which it could increase their production capacity and explore some new markets for their products.
Hindalco's Acquisition of Novelis
Hindalco vs. Novelis: A Case on Acquisition