BNET Industries
Last Fiscal Year Sales:$4.2B
- Private
- US
Dow Jones Description
Rayon Yarn Mfr
Senior President & CFO
Adesh GuptaNumber of Employees 3,235
Contact Information
Aditya Birla Centre 2nd Floor B Wing
Mumbai
Peer Companies
NAICS Code Yarn Spinning Mills: 313111
News & Analysis
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aditya birla nuvo ltd. - All News and Analysis
Birlas keen to buy Tatas stake.(Aditya Birla Nuvo)(Brief article)
A meeting of the board of directors of Aditya Birla Nuvo ABNL will be held to approve the company's decision to buy the stake of Tatas in Idea Cellular Ltd. Tatas hold 48.15 percent stake in Idea Cellular. ABNL is likely to bid at Rs 40.50 (about...
Birlas keen to buy Tatas stake.(Aditya Birla Nuvo)(Brief article)
A meeting of the board of directors of Aditya Birla Nuvo ABNL will be held to approve the company's decision to buy the stake of Tatas in Idea Cellular Ltd. Tatas hold 48.15 percent stake in Idea Cellular. ABNL is likely to bid at Rs 40.50 (about...
India: Aditya Birla Nuvo Sharply Increases Quarterly Sales & Profits
Aditya Birla Nuvo posted good results for the quarter ending December 31st. Its consolidated turnover jumped 41.5% during October-December compared to the year before to Rs 11,501.5 million. Net profits grew to Rs 260.0 million from Rs 113.5 million. The stand-alone turnover grew by 20.2% to Rs 5,941.3 million, while...
Aditya Birla Nuvo lines up Rs 100cr growth plan.
Nov. 17--MUMBAI, India -- A sharp growth in the retail apparel business and intensifying competition has led Aditya Birla Nuvo -- formerly Indian Rayon -- to clear an investment of Rs 100 crore to consolidate its market share. "The branded apparel market is growing sharply with...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Adesh Gupta | Senior President & CFO |
| Dr Bharat K Singh | Managing Director |
| Sanjeev Aga | Managing Director |
| Vikram Rao | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Kumar Mangalam Birla | Chairman |
| Organization | Position | Status |
|---|---|---|
| Aditya Birla Nuvo Ltd. | Senior President & CFO | Current |
Dr. Bharat K. Singh is Managing Director of Aditya Birla Nuvo Ltd., a conglomerate whose businesses span Viscose Filament Yarn, Carbon Black, garments, textiles and insulators. It also has subsidiaries/ JVs engaged in finance, insurance, IT and BPO businesses. Dr. Singh also heads the Corporate Strategy Cell that continuously tracks the business environment of each existing business, recommends new directions, plans and develops new initiatives for the Group and evaluates project proposals developed by Group companies. Dr. Singh joined the Aditya Birla Group in 1996. He has over 36 years of experience in several operational and corporate management functions in companies such as the ITC Group, Sandoz, RPG Group and McDonalds. Dr. Singh is a mechanical engineer with a master's degree in business management from I.I.M, Calcutta and a doctorate from Jamnalal Bajaj Institute of Management Studies, Mumbai. Several national and international organisations, leading universities, institutes of management, I.L.O., U.N.D.P. and others have drawn on his expertise.
| Organization | Position | Status |
|---|---|---|
| Aditya Birla Nuvo Ltd. | Managing Director | Current |
| Birla Management Corporation Limited | Director, Corp Strategy & Corp Development | Current |
| Sandoz | Current | |
| McDonald's Corporation | Current | |
| Birla Sun Life Insurance Company Limited | Board of Directors | Current |
| The Aditya Birla Group | Former | |
| Indian Institute of Management | master's degree in business management | Former |
| Organization | Position | Status |
|---|---|---|
| Aditya Birla Nuvo Ltd. | Managing Director | Current |
| The Aditya Birla Group | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Aditya Birla Nuvo Ltd. | Chairman | Current |
| Grasim Industries Limited | Chairman | Current |
| Hindalco Industries Ltd. | Chairman | Current |
| The Aditya Birla Group | Chairman | Current |
| Novelis Inc. | Board of Directors | Current |
| Birla Sun Life Insurance Company Limited | Board of Directors | Current |
| The Aditya Birla Group | CEO | Former |
| Aditya Birla Nuvo Ltd. | Managing Director | Former |
| The Aditya Birla Group | Board of Directors | Former |
| Hindalco Industries Ltd. | Board of Directors | Former |
Mr.Vikram Rao heads the Group's Textile and Apparel business. The businesses managed by Mr. Rao include fabrics, yarn, apparel and apparel-led lifestyle retail operated through units of Madura Garments, Madura Garments Exports Ltd., Bhiwani Textiles Mills, Jayashree Textiles and Vikram Woolens. Mr. Rao is also a director on the board of Aditya Birla Nuvo Limited. Mr. Rao joined the Group in 1999 from Arvind Mills Limited where he was the President of the Shirting Division and Bed and Bath Projects. He also held additional responsibility as President of Knit Fabrics and Garment Division. Mr. Rao started his career with Madura Coats in 1975 as a management trainee and, over the years, became the President of the Textile Division, reporting to the Chairman of Madura Coats. Mr. Rao holds the chairmanship of the Confederation of Indian Industries (CII) task force on textiles for Karnataka. He was awarded the Super Achiever Award by the Indira Group of Institutes, Pune in 2003. Mr. Rao is well known and highly regarded in the textile and apparel industry in India. Mr. Rao holds degrees in chemical engineering and business management. He is married, with two children and is a tennis and theatre enthusiast.
| Organization | Position | Status |
|---|---|---|
| Aditya Birla Nuvo Ltd. | Director | Current |
| The Arvind Mills Ltd. | President | Former |
Executive News
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Madura back in the black on cost controls, better margins
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