Indo Gulf Fertilisers, Birla Global Finance and Indian Rayon Industries to form a new company, Aditya Birla Nuvo. Nuvo would be a $1bn-plus company this financial year. While on the one hand it could be questioned that Kumar Mangalam Birla is bringing disparate businesses - fertiliser, insurance, asset management, financial services, IT & ITeS, branded garments, telecom, retailing etc - together, the other side of the equation is that now the single company can easily channelise resources from cash generating businesses into other high-growth areas. merger of Birla Global Finance (BSE:500064) and Indo Gulf Fertilisers (BSE:532492) in Indian Rayon (BSE:600303) and announced that the new entity would be called as `Aditya Birla Nuvo.' Indo Gulf Fertilisers It is among the largest private sector fertiliser companies in India. Birla Global Finance Birla Global Finance is an Indian company. It is part of the Aditya Birla Group of companies.