Aditya Birla Nuvo has revoked the suspension of work and production has started at the company’s Aditya Birla Insulators, Rishra Plant with effect from June 18, 2014, following the wage settlement.
Aditya Birla Nuvo is a $4 billion conglomerate operating in the services and the manufacturing sectors, where it commands a leadership position. Its service sector businesses include Financial Services (Life Insurance, Asset Management, NBFC, Private Equity, Broking, Wealth Management and general insurance advisory), Fashion & Lifestyle (Branded apparels & Textiles) and Telecom.