by TEXTILE VALUE CHAIN | Oct 10, 2023 | News & Insights, Textile Industry
Return on assets is a financial term that shows the percentage of profitability of a company relative to the company’s overall resources. It is defined as the net income of a company divided by total assets. Net income can be taken from the income statement of...
by TEXTILE VALUE CHAIN | Sep 29, 2023 | Finance & Economy, News & Insights
Synopsis: Scheduled Commercial Banks’ (SCBs) net profit grew by 68.9% y-o-y to Rs. 0.73 lakh crore for Q1FY24 due to robust growth in Pre-Provisioning Operating Profit (PPOP) and lower provisions. – Public Sector Banks (PSBs) reported strong net profit growth...
by TEXTILE VALUE CHAIN | Sep 29, 2023 | News & Insights, Textile Technology
You may know that to encourage and accelerate the sustainable growth and green manufacturing industry, the government has established refinancing scheme of an amount of BDT5,000 crore, titled the “Green Transformation fund”. This scheme extends long-term loans with...
by TEXTILE VALUE CHAIN | Sep 16, 2023 | Fibres and Yarns, News & Insights
Lenzing – The continued weak development of the markets relevant to Lenzing, coupled with very cautious market expectations in 2023, requires a reassessment of Lenzing AG’s macroeconomic environment. Taking into account the current lack of market recovery, the...
by TEXTILE VALUE CHAIN | Sep 15, 2023 | Finance & Economy, News & Insights
Investment Validates Denodo’s Unique and Disruptive Logical Approach to Data Management New Delhi, India, September 14, 2023 – Denodo, a leader in data management, and TPG (NASDAQ: TPG), a global alternative asset management firm, today announced that they have...
by TEXTILE VALUE CHAIN | Aug 23, 2023 | Apparel, Fashion & Retail, News & Insights
Bengaluru, August 22, 2023: Greaves Retail, the retail unit of Greaves Cotton Ltd. and India’s leading fuel-agnostic mobility solutions provider, has partnered with Usha Financial Services Ltd. to revolutionise customer financing within the electric...
by TEXTILE VALUE CHAIN | Aug 16, 2023 | Dyes & Chemicals, Finance & Economy, News & Insights
Revenues: QoQ up by 15.64% on a standalone and consolidated basis; Profits: QoQ PAT Up 42.06% on standalone basis; Up 76.49% on Consolidated basis Vipul Organics Limited, the BSE listed (VIPULORG / 530627) leading Specialty Chemicals company in the pigments and dyes...
by TEXTILE VALUE CHAIN | May 26, 2023 | Finance & Economy, News & Insights
In the next financial year, the company plans to amplify their 5PL business along with building on their technological capabilities Mumbai, 26th May 2023: During the quarter ended March 31, 2023, Snowman Logistics Ltd(“Company”) recorded revenue of INR. 112.35 Crores...
by TEXTILE VALUE CHAIN | Apr 26, 2023 | Finance & Economy, News & Insights
Synopsis • India’s coal production reached a new milestone of 892 Million Tonne (MT) during FY23, a 14.7% y-o-y growth, driven by a 12.9% y-o-y increase in production by Coal India Limited (CIL). The power sector continued to be the largest consumer of domestic coal,...
by DIGITAL MEDIA EXECUTIVE | Apr 21, 2022 | Finance & Economy, News & Insights
ARC Ratings S.A. is registered as a Credit Rating Agency with the European Securities and Markets Authority, within the scope of the Regulation (EC) Nº 1060/2009 of the European Parliament and of the Council, of 16 September, and recognised as an External Credit...
by DIGITAL MEDIA EXECUTIVE | Apr 14, 2022 | Finance & Economy, News & Insights
Canada and Indonesia as of late consented to heighten financial collaboration, particularly on exchange, speculation and energy progress. Indonesian international concerns serve RetnoMarsudi and Canadian partner Melanie Joly marked the Indonesia-Canada Plan of Action...
by Manali bhanushali | Apr 5, 2021 | News & Insights
March 2021: To provide the best service to its customer, India’s one of the leading baby care and personal care brands, Newish launched its website, Newishkart. The brand decided to start selling its products from its portal to improve its customer services and to...