Infrastructure slowdown dents Welspun's growth hopes

In 2011, the B K Goenka-led Welspun group set itself a target to become a $-5 billion company from a $ 3-billion company then by 2014 backed by the promise of investments by American private equity......

Weaker US demand hits Indian textile industry

Already plagued by the impact of a stronger rupee, India's textile and garment industry has been dealt another blow by weaker US demand. Some 55m jobs in India depend on the industry, the......

Own Infy, DLF, TCS? Here's some advice

The Sensex opened with a positive gap of 30 points at 20,903. But, weakness in overseas markets saw the index soon slip into the negative zone. The index dropped to a low of 20,701 - down 202......

Welspun India turns around 150-year-old Christy

Welspun India has turned around UK's largest terry towel brand called Christy, which it had acquired it in July 2006. The UK retailer earned an EBITDA of 2.7 million in the year ended June 2007 on......