by DIGITAL MEDIA EXECUTIVE | Apr 18, 2023 | News & Insights
A recent union gathering adopted a resolution that stated that since the pandemic spread in 2020 and the NTC mills were closed, employees there have only been paid 50% of their normal salary. But, they haven’t received any pay for the previous five months. No...
by DIGITAL MEDIA EXECUTIVE | Apr 17, 2023 | Corporate Update, News & Insights
Mumbai: According to two sources with knowledge of the situation, Kesoram Industries (KIL), a BK Birla group company, has chosen IndusInd Bank to refinance its $1,800 crore in debt that was raised at a 20.75% interest rate in 2021. “IndusInd Bank has the...
by DIGITAL MEDIA EXECUTIVE | Mar 16, 2023 | Country Report, PRICE REPORT
India’s index of industrial production (IIP) increased from 4.7% year-over-year (YoY) in December 2022 (revised up from 4.3% reported earlier) to 5.2% YoY in January 2023. The headline print narrowly exceeded market expectations, with most consensus projections...
by DIGITAL MEDIA EXECUTIVE | Mar 10, 2023 | Business & Policy
According to the research, we should maintain our target price at $1,950 based on an 8x FY25E EV/Ebitda on a standalone business (ex-paints/B2B platform) and a 40% Holdco discount on various assets that hasn’t changed. At the end of December, Clear Wealth owned...
by DIGITAL MEDIA EXECUTIVE | Feb 21, 2023 | Textile Articles
The Uttar Pradesh Under the Prime Minister Mega Integrated Textile Region and Apparel Plan (PM MITRA), the cabinet has approved the construction of a textile park close to Lucknow. The department of handloom and textiles will receive a free transfer of around 1,000...
by shwetaverma | Dec 7, 2020 | Articles, Global Textiles
New Caledonia is a special collectivity of France inthe southwest Pacific Ocean, south of Vanuatu, about 1,210 km (750 mi) east of Australia and 17,000 km (11,000 mi) from Metropolitan France. The archipelago, part of the Melanesia subregion, includes the main island...
by TEXTILE VALUE CHAIN | Jun 7, 2014 | Interviews
Exposition of Shri Prakash Bhagwati , Chairman of TMMA This Views is based on the candid of Shri Prakash Bhagwati Chairman Textile Machinery Manufacturers and the interview he gave to the representative of this magazine – V. Y. Tamhane, Editorial Advisor. At the...