Aditya Birla Group rattled the paints industry with an aggressive pricing play. Now, UltraTech is making a ₹1,800 crore push into wires and cables—raising questions about competition, margins ...

Aditya Birla’s U.S. unit Novelis, in Atlanta, will pay more than $2.5 billion for Cleveland-based Aleris, including $775 million for equity and $1.8 billion in assumed debt.