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Executive Movements

Abhijit Bhalerao appointed Chief Information Officer at Nuvoco Vistas Corp

Nuvoco Vistas Corp. Ltd, a leading manufacturer and retailer of building materials in India, has appointed Abhijit Bhalerao as Chief Information Officer. He will be based out of Mumbai. In this new role, Bhalerao will be responsible for leading the technology initiatives at Nuvoco group companies across Business applications, Enterprise architecture & Infrastructure domains. Most […]

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Emami Group enters binding agreement with Nuvoco Vistas for sale of its cement business

Emami Group announced that it has entered into a binding agreement with Nuvoco Vistas Corporation Limited (part of Nirma Group), for the divestment of its 100% equity stake in Emami Cement Limited for an enterprise value of INR 5500 crores. Emami Cement operates one integrated cement plant and three grinding units with a total cement […]