Hindalco, the parent company of Novelis, provided an update on the fire at its Oswego plant. The estimated cash flow impact is between $1.3-1.6 billion. The fire caused significant damage, but the company is working to resume operations soon. The incident will have financial implications for Hindalco and Novelis, affecting their cash flow in the coming months. The extent of the damage and the timeline for recovery are still being assessed. Hindalco is committed to restoring operations and minimizing the impact on its business. The company will provide further updates as the situation develops.

Read more at Google: Hindalco updates on Novelis Oswego plant fire; estimates $1.3-1.6 bn cash flow impact – Business Standard