by TEXTILE VALUE CHAIN | Jan 2, 2025 | Finance & Economy, News & Insights
The National Bank for Financing Infrastructure and Development (NaBFID) has made a historic investment of INR 7,450 million in long-term bonds issued by NDR InvIT, an Infrastructure Investment Trust (InvIT) run by NDR InvIT Managers and supported by NDR Warehousing...
by TEXTILE VALUE CHAIN | Dec 27, 2024 | Finance & Economy, News & Insights
Shares of Sanathan Textiles Limited debuted on the exchange listing at a 31% premium. The scrip listed Rs 419.10 per share on BSE, a premium of 30.56% and Rs 422.30 per share on NSE, a premium of 31.56%. The company’s share price closed at Rs 389 per share on...
by TEXTILE VALUE CHAIN | Dec 27, 2024 | Finance & Economy, News & Insights
In the global textile industry, where margins can be razor-thin and competition is fierce, understanding money exchange rates is crucial for importers and exporters. Currency fluctuations can significantly impact profitability, pricing strategies, and overall...
by TEXTILE VALUE CHAIN | Dec 27, 2024 | Finance & Economy, News & Insights
Sanathan Textiles shares had a spectacular launch on Dalal Street. At Rs 419 a share, the company’s stock was offered at a premium of Rs 102, or 30.5%, over the Rs 321 issue price. The stock was listed at Rs 422.30 on the NSE, which was 31.5% over the issue...
by TEXTILE VALUE CHAIN | Dec 27, 2024 | Finance & Economy, News & Insights
Synopsis • Scheduled Commercial Banks’ (SCBs) credit offtake rose by 18.8% (y-o-y) in Q1FY25. In absolute terms, credit expanded by Rs 26.4 lakh crore from June 2023 (including additional credit of approx. Rs 5.4 lakh crore infused by the merger). This growth has been...
by TEXTILE VALUE CHAIN | Dec 24, 2024 | Finance & Economy, News & Insights
The CareEdge Debt Quality Index (CDQI) has witnessed upward trend since November 2021. This index inched upwards to 95.07 in November 2024 as against 95.06 in October 2024, caused by enhanced debt in the investment grade rating categories....
by TEXTILE VALUE CHAIN | Dec 20, 2024 | Logistics, News & Insights
New Delhi, India, December 20, 2024—In a strategic move to boost high-quality and sustainable warehousing infrastructure and promote resource-efficient growth in the warehousing and logistics sector, IFC has invested $75 million (INR 6,300 million) in a domestic local...
by TEXTILE VALUE CHAIN | Dec 16, 2024 | Finance & Economy, News & Insights, Textile Technology
MSMEs need support through credit guarantee for green bonds to adopt green technologies The TERI Expert Group on Financing India’s Long-Term Low Carbon Development Strategies (LT-LCDS) convened a high-level roundtable, hosted in association with the All-India...
by TEXTILE VALUE CHAIN | Dec 13, 2024 | Finance & Economy, News & Insights
Highlights: IIP edged up to 3.5% in October from 3.1% in the previous month Broad-based improvement was seen in the manufacturing, electricity, and mining sectors Output of consumer durable and non-durable goods increased by 5.9% and 2.7%, respectively Recovery in...
by TEXTILE VALUE CHAIN | Dec 13, 2024 | Finance & Economy, News & Insights
CPI: The CPI inflation moderated to 5.5% in November from 6.2% in October. Vegetable inflation that has been a culprit in the last few months, moderated to 29% in November from a high of 42% in the previous month. Just by excluding vegetables, CPI inflation stands at...
by TEXTILE VALUE CHAIN | Dec 12, 2024 | Finance & Economy, News & Insights
Highlights: The corporate performance of the non-financial firms softened in Q2 FY25 as net sales further slowed, and profitability contracted more deeply. The moderation in the sales growth can be attributed to a weakening urban consumption demand and sluggish...
by TEXTILE VALUE CHAIN | Dec 12, 2024 | Business & Policy, Finance & Economy, News & Insights
Overview: The life insurance industry reported a higher sequential Annual Premium Equivalent (APE) growth of 19.9% y-o-y in November 2024, compared to 10.6% in October 2024, following a strong H1FY25. Private life insurers drove this growth. Another factor impacting...
