Irate passengers at a closed Kingfisher Airlines counter, Mumbai airport - Source: AP
Aditya Birla Group firm Hindalco is likely to report a fall in net profit on account of higher input costs in the third quarter ending December 2011. A sharp depreciation in the rupee is likely to cushion the impact of fall in aluminium prices though. Shares of the company plunged 6% in a flat market today. That was because Novelis, which contributes a major chunk to Hindalco's revenue, reported Q3 loss of $12 million against a net l...