Century-old Inox Group reached agreement on business sharing

The INOX Group has bifurcated its business, with chairman Pawan Jain acquiring industrial gas and multiplex units, and younger brother Vivek inheriting the specialty chemicals and renewable energy portfolio. As per the arrangement, Pawan Jain gets India’s second largest multiplex company, Inox Leisure and Inox Air Products, while Vivek gets Gujarat Fluorochemicals, Inox Wind and … Read more