by DIGITAL MEDIA EXECUTIVE | Apr 18, 2023 | News & Insights
The State’s successive governments, according to women working in the clothing industry, have allegedly failed to safeguard their interests. They claim that authorities’ indifference has compelled them to keep fighting for a fair wage and a better working...
by DIGITAL MEDIA EXECUTIVE | Apr 5, 2023 | Corporate Update, Event Update
The new Smart Curing and Rapid SizeShifter solutions will be unveiled at TecStyle Visions 2023, according to Kornit Digital LTD. (“Kornit” or the “Company”), a global market leader in sustainable, on-demand digital fashion and textile...
by DIGITAL MEDIA EXECUTIVE | Mar 3, 2023 | Country Report
The challenging economic and financial conditions continued to impact the earnings of the corporates in the third quarter of FY23. Although revenue growth continued in double digits, there was a significant decrease in pace. Despite an anticipated increase in demand...
by TEXTILE VALUE CHAIN | Feb 20, 2023 | Business & Policy, Finance & Economy, Market Reports
Synopsis Scheduled Commercial Banks (SCBs) Pre-Provisioning Operating Profit (PPOP) grew by 5% year on year (y- o-y) to Rs.1.30 lakh crore due to higher expansion in Net Interest Income (NII) and supported by non-interest income. Cost to income ratio of SCBs reduced...
by TEXTILE VALUE CHAIN | Feb 18, 2023 | Finance & Economy, Market Reports
Synopsis Net Interest Income (NII) of Scheduled Commercial Banks (SCBs) grew by 25.5% y-o-y to Rs.1.78 lakh crore in Q3FY23 due to a healthy improvement in credit offtake, and a higher yield on advances. Net Interest Margin (NIM) of SCBs improved by 17 basis points...