by TANVI_MUNJAL | Oct 30, 2024 | Business & Policy, News & Insights
Indo Count Industries Limited, a leading global player in the home textile industry, announced the acquisition of US-based Modern Home Textiles, Inc. for a total consideration of $11.7 million. This strategic move is expected to bolster the company’s presence in...
by TANVI_MUNJAL | Oct 30, 2024 | Business & Policy, News & Insights
Indo Count Industries Limited, a global leader in bed linen manufacturing, has taken a significant stride towards solidifying its position in the US market. The company has announced the acquisition of Fluvitex USA, Inc., a renowned pillow and quilt manufacturer based...
by DIGITAL MEDIA EXECUTIVE | May 24, 2023 | Business & Policy
On Monday, Aditya Birla Fashion and Retail (ABFRL) disclosed a combined net loss of Rs. 187 crore for the three months ending in March. A year before, the business generated a net profit of Rs. 43.59 crore. In comparison to the same quarter a year prior, the...
by DIGITAL MEDIA EXECUTIVE | May 23, 2023 | Environment/Ecosystem
Industry, governments, and academia are working to reduce environmental impact, particularly greenhouse gas (GHG) emissions, as a result of climate change’s significant effects on the world’s society and economy. These efforts are being made through energy...
by DIGITAL MEDIA EXECUTIVE | May 8, 2023 | Business & Policy, Corporate Update
The Obernburg location of Indorama Ventures in Germany will concentrate on the tyre and vehicle safety/airbags and specialty markets, as well as drive a few product innovations for use in new market niches. As a result, the business intends to modify its capacity at...
by DIGITAL MEDIA EXECUTIVE | May 8, 2023 | apparel, Fashion
For Rs1650 crore, Aditya Birla Fashion announced it has signed agreements to buy a 51% share in TCNS Clothing, the owner of the listed women’s branded apparel retailer and the owner of brands like W, Elleven, and Aurelia. In the ethnic market, the business...
by DIGITAL MEDIA EXECUTIVE | Apr 18, 2023 | Business & Policy
A four-pronged plan has been proposed by international consulting company EY to strengthen India’s logistics industry: use cutting-edge technology and investigate novel business models; hasten infrastructure development; concentrate on sustainable logistics; and...
by DIGITAL MEDIA EXECUTIVE | Apr 12, 2023 | Fashion
The Tessitura Monti India Private Limited (TMIPL), an Indian subsidiary of Tessitura Monti Spa, Italy, an Italian company that owned 100% of TMIPL, engaged in the spinning, weaving, and processing of textiles, has been acquired by Bangalore-based Hi Fabrique Group for...
by DIGITAL MEDIA EXECUTIVE | Mar 30, 2023 | Finance & Economy
About one year and one month after receiving approval from the National Company Law Tribunal (NCLT), Mukesh Ambani-promoted Reliance Industries, the largest company in India by market value, has completed its Rs 3,567 crore acquisition of textile company Sintex...
by DIGITAL MEDIA EXECUTIVE | Mar 27, 2023 | Market Reports, science
There has been a substantial increase in the demand for high-performance metallic pigments that come with eco-friendly attributes. They find applications in different industries, including cosmetics, printing, coatings, and building materials. The global metallic...
by DIGITAL MEDIA EXECUTIVE | Mar 10, 2023 | Business & Policy, E-commerce
Ananth Narayanan, CEO and creator of Mensa Brands, told FE that after being acquired, Dennis Lingo (DL) and Pebble have expanded significantly. The two businesses, DL and Pebble, joined the aggregation in October 2021 and June 2022, respectively. They are two of the...
by DIGITAL MEDIA EXECUTIVE | Mar 9, 2023 | Market Reports
According to a market research report, the “Fire Stopping Materials Market by Type (Sealants, Mortar, Boards, Putty &Putty Pads, Cast-in Devices), by Application (Electrical, Mechanical, Plumbing), End-Use (Commercial, Industrial & Residential), and...
