Copper
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Hindalco Industries' profit drops 37% to Rs 236 cr in March quarter, income rises 7% to Rs 12,733 cr
•Aditya Birla Group flagship firm Hindalco Industries on Thursday reported a 37.4 percent decline in standalone profit to Rs 235.82 crore for the quarter ended 31 March
Madras High Court directs Tamil Nadu government to answer its queries on Tuticorin protests by 6 June
Fp Staff •The Madras High Court has ordered the EPS government to explain the circumstances that led to police firing into a crowd in Thoothukudi, Tuticorin by 6 June. The protest took place last month, leading to the death of 13 people.
DMK dares Tamil Nadu CM for a debate on Sterlite closure days after announcing boycott of the assembly
•Days after announcing boycott of the Tamil Nadu Assembly until permanent closure of Vedanta's copper unit at Tuticorin, DMK on Thursday dared Chief Minister K Palaniswami for a debate on the issue in the legislature.
CEAP Market Poised For Growth Through 2013: Heavy Reading
Fp Archives •Industry feedback suggests that telecom operators are particularly attracted by the rapid RoI offered by copper-based solutions that leverage the existing physical network infrastructure.
Electricity conducted like copper by bacteria hair
Fp Archives •Scientists have discovered that hair-like filaments on the surface of Geobacter bacteria exhibit electrical conductivity comparable to that of copper -- paving the way for the employment of biological materials in nanoscale electron devices.
Researchers develop new hardware to give super speed to home internet users
Fp Archives •Researchers from University College London (UCL) have developed new hardware that can give internet users at home a much faster speed with high bandwidths.
Asia stocks at 3-year lows, yen rallies as investors fret over China-led global slowdown
Fp Archives •China meltdown singes Indian metal stocks; Vedanta tanks 9%
Fp Staff •In current year so far, BSE Metal index has already shed nearly 18 percent as against 8 percent rise in 2014
Vedanta Resources plans to rename Sesa Sterlite as Vedanta Ltd
Fp Archives •Aimed at leveraging the "Vedanta" brand, metals and mining conglomerate Vedanta Resources plans to rechristen its subsidiary Sesa Sterlite Ltd as Vedanta Ltd.
Copper gives bearish signal; other commodities not supporting rally
George •Generally copper leads the equity markets but not this time. If the economy is expanding one would expect demand for materials like copper, oil and aluminum to rise too. However, that does not seem to be the case