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...
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...
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...
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...
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,...
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...
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...
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...