The company had appointed a three-member committee of directors to implement the changes.
In a fresh move, Arun Bajoria entity Mega Resources Ltd has picked up additional 560,000 shares of Bombay Dyeing and Mfg Co Ltd taking Bajoria and associates holding to 4.9 per cent.
Pakistani cotton scene is turning out to be interesting with domestic producers offering the commodity at rates lower than the international prices.
According to market analysts, Pakistani cotton is available to the international and domestic buyers with a difference of 10 cents per pound to the global price.
Exports to Europe shrank by near 2 per cent in the 11 months.
With China and Bangladesh losing their edge, textile exports from Tirupur are rising once again, turning the city into a job magnet.
The $24 billion diversified Aditya Birla Group on Friday announced its entry into domestic organised retail market with an investment of up to Rs 9,000 crore (Rs 90 billion) over three years to set up 1,000 supermarkets.
'When Pinnacle Trust bought the stake of Supreme Energy, it included a liability of Rs 640 million. The purchase was at a fair market value (prevailing price) of Rs 8.80 per share,' Deepak Kochhar said in a telephonic conversation with Business Standard.
Ajit Balakrishnan offers a thinking man's guide to e-commerce controversies.
Indian production this season (Oct 2006-Sept 2007) is estimated at 280 lakh bales of 170 kg (against 245 lakh bales last season) and for the next season, it has been projected at a minimum 300 lakh bales.
If India is to become the favourite junk provider of the world then we will have to do the same. The only difference between us and the Chinese is our democracy.
With this allocation of portfolios, the Sharad Pawar-led NCP has got most of the 'plum' ministries.
Meanwhile, the stamp duty burden on purchase of residential and commercial property throughout Mumbai is all set to increase by 5 to 25 per cent.
Nearly 31 million Indians are unemployed and looking for jobs. While economic growth has been humming along, the pace of job creation has been poor. A revealing excerpt from Dev Kar's India: Still A Shackled Giant.
Companies with contrasting financial ratios enjoy similar credit ratings; agencies say they look at many other metrics.
The government on Friday said it was open to reducing duties on imports of luxury products in a way which does not impact the domestic market.
The brand plans to open about 40 franchise-operated Gap stores in India, the company said in a statement.
China accounts for more than one-third of the apparel export market
Dressing 80s pinup icon Brooke Shields and all the other hotness from Sachin & Babi's New York show.
In the age of robots and automation, skills such as people management, coordination and negotiations will be relevant, says Babita Shekhar.
While okra was being sold for Rs 100-120 a kg and cauliflower for Rs 120-140 a kg in Mumbai and its suburbs, all other vegetable prices have increased by almost 100 per cent since July 20.
In the Financial year 2013-14 there were encouraging signs on the foreign trade front as India's trade deficit recorded a sharp fall.
'India is the only large nation along with Argentina whose numbers have continuously and without a break risen from March,' observes Aakar Patel.
Chinese government was expected to start sales from its cotton reserves on March 6.
As India's top designers including Tarun Tahiliani, Vikram Phadnis, David Abraham, Rohit Bal, Rajesh Pratap Singh and Wendell Rodricks gather in Varanasi today to try and give a boost to the Benarasi handloom sari, in an initiative by designer turned BJP politician Shaina NC, Rashme Sehgal outlines the crisis facing the weavers.
Raymond was one of the first to start organised apparel retail in India.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
The turmoil on the Street and a continued fall of the rupee may affect growth stocks, pushing equity investors back to the relative safety of defensive counters, or forcing them to flee markets, or both.
Promoters have consolidated their stake in Reliance Industries Ltd by picking up a 2.02 per cent stake in it through open market transactions, taking their total share in the company to 49.16 per cent.\n\n
Foreign Trade Policy: More incentives for exports, focus on ease of trading
Ajit Balakrishnan offers a thinking man's guide to the angst of the professions.
Taking its first step towards becoming a global home textile company and to access the UK market
In the imports bracket, India was the United States' 11th largest supplier of goods in 2017
Unless we bring about substantive changes, we cannot expect to alter the current situation where low-productivity and low-wage jobs dominate the landscape, the government think-tank observes.
