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Bombay Dyeing Faces Loss Of Rs.246 Crore

Bombay Dyeing Faces Loss Of Rs.246 Crore

by DIGITAL MEDIA EXECUTIVE | May 6, 2023 | Business & Policy

On Thursday, Bombay Dyeing Limited announced that its net loss for the three months ending March 31, 2023, had increased by 490% to Rs 246.1 crore. In the same period last year, it reported a consolidated net loss of Rs 41.74 crore. The cash-strapped airline carrier...
Kitex Garments Reports Loss In Q3 Is Down By 67%

Kitex Garments Reports Loss In Q3 Is Down By 67%

by DIGITAL MEDIA EXECUTIVE | Feb 21, 2023 | Corporate Update, Garment

Kitex shares have been going low since the past 52 weeks. The company reported a bad performance during December 2022. Kitex faced a loss of Rs.4.23 crore from October to December 2022. A net profit of Rs.34.69 crore profit was for the company. In September 2022, the...
Ted Baker forecasts a year loss of £65.2 million

Ted Baker forecasts a year loss of £65.2 million

by Manali bhanushali | Jun 9, 2021 | Apparel, Fashion & Retail, News & Insights

Closure of shops due to lockdown, additionally, Ted Baker’s repeated awareness on formalwear and event wear, has been assigned as vital causes for store’s work was getting impacted previous year. Therefore, researchers have forecasted the previously mentioned work...
Brodelec Meets Growing Demand For Direct-To-Fabric Printing And Small-Scale Personalization with Kornit Digital Printing Technology

Brodelec Meets Growing Demand For Direct-To-Fabric Printing And Small-Scale Personalization with Kornit Digital Printing Technology

by Manali bhanushali | Apr 16, 2021 | News & Insights

“Thanks to the flexibility of the Kornit Presto S, we are able to print over 10,000 masks per week.” April 15th, 2021, Dusseldorf, Germany – Two years ago, Brodelec, already owner of six Kornit Avalanche Hexa R systems for on-demand DTG production, chose to...
Cashbean’s take on NPA’s

Cashbean’s take on NPA’s

by G.Thulessiraman | Sep 12, 2020 | Finance & Economy, Industry And Cluster, News & Insights

Cashbean app, run by P C Financial services is a 100% subsidiary of Nasdaq-listed Opera Limited. Cashbean is a digital lending app which believes that due to the disruptions caused by coronavirus, there is a possible rise of 15% in Non-performing assets. On this note,...
Coronavirus pushes textile industry into a corner

Coronavirus pushes textile industry into a corner

by TEXTILE VALUE CHAIN | May 18, 2020 | Covid 19, Industry And Cluster, News & Insights

Industry seeks moratorium of loan repayments and other sops The slew of measures being taken by the government to fight the coronavirus pandemic has put textile manufacturers in a spot. While on the one hand the sector is struggling to continue with its production...
Surat’s textile industry struggling, incurring losses amid lockdown

Surat’s textile industry struggling, incurring losses amid lockdown

by TEXTILE VALUE CHAIN | May 13, 2020 | Industry And Cluster, News & Insights

The textile industry in Surat is facing hard times due to the nationwide lockdown imposed in the wake of the coronavirus crisis and in a verge of huge losses. Jitubhai Vakharia, President, South Gujarat Textile Processors’ Association said that an estimated loss...
Reimbursing the losses under MSP operations for cotton during the cotton year

Reimbursing the losses under MSP operations for cotton during the cotton year

by TEXTILE VALUE CHAIN | Mar 25, 2020 | Industry And Cluster, News & Insights

Cabinet approves expenditure for years (October to September) 2014-15 to 2018-19   The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given its ex-post facto approval for engaging Maharashtra State Co­operative Cotton...

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