India : Heavy rains affect Birla Nuvo Veraval Rayon Div notably
Write:
Inayat [2011-05-20]
Aditya Birla Nuvo Ltd has informed that due to heavy rains in Saurashtra Region of Gujarat, the operations of Company's Rayon Division at Veraval have been partially affected. All the efforts are being made to bring the normalcy at the earliest.
It is a leading player in most of its business segments, including viscose filament yarn (VFY), carbon black, branded garments, fertilisers, textiles and insulators.
Over the past years, Aditya Birla Nuvo, through its subsidiaries and joint ventures, has made successful forays into life insurance, telecom, business process outsourcing (BPO), IT services, asset management and other financial services, striking a balance between value businesses and high growth businesses.