Live
- Former Pakistan women’s captain Bismah Maroof calls time on her playing career
- CM Kejriwal’s arrest not based on belated contradictory or coerced statements: ED’s affidavit in SC
- PM Modi urges people to not get upset with 'insulting language' used against him by Congress
- North Korea touts ties with Russia on Kim-Putin summit anniversary
- CM Yadav-led MP Govt will run with full speed after LS polls: PM Modi
- EC sends notice to Cong over poll code violation by Rahul Gandhi, seeks reply by April 29
- CM Revanth flays BJP Policies and Alleges Conspiracy Against Reservations
- BMW's another all-electric car launched in India
- Kajol’s style mantra of the day: Life is short, let my pallu be long
- IPL 2024: Sometimes it works, sometimes it doesn't work, says R Sai Kishore on being held back till 19th over
Kothaguem: Nava Bharat Venture Limited CEO Ashwin Devineni turns 50, lines up major spend
Nava Bharat Venture Limited CEO Ashwin Devineni
Nava Bharat Venture Limited Chief Executive Officer (CEO) Ashwin Devineni expressed happiness at the company turning 50 years.
Kothaguem: Nava Bharat Venture Limited Chief Executive Officer (CEO) Ashwin Devineni expressed happiness at the company turning 50 years.
Speaking to the media people at the company at Palvoncha on Sunday, he said the company was established in 1972 as in India Ferroalloys Manufactures. It has grown into a multinational company over the years, operating in India, South East Asia and Africa.
It currently produces over 2,00,000 tonnes of ferroalloys every year, and also operatesa few power plants. It is also engaged in production of ethanol.
As part of its effort to give something back to societyas part of corporate social responsibility, the company is investing in health care, education, livelihoods and rural initiatives, Devineni said.
"We plan to invest $100 million in phases over the next three years. Apart from ferro alloys, we have been making a few investments in the agricultural and healthcare sectors. We intend to mobilse required funds for investments through internal accruals and debt," he added.
