The RBI has sent bankers the list of 12 stressed accounts that they must resolve through the Insolvency and Bankruptcy Code (IBC).

Net debt Rs 1,000 cr; no headway in acquisition talks:Vardhman

Vardhman Textiles was in talks to acquire spinning assets of Alok Industries worth Rs 24,000 crore but no further communication has taken place between the management of both the companies, confirms Sachit Jain, MD of the company.

Alok Ind may exit realty business, monetise Mumbai property

Sunil Khandelwal, chief financial officer of Alok Industries, in an interview to CNBC-TV18, spoke about the latest happening in the company and the road ahead.

Revised DEPB: Will pass on rates to consumer, says Alok Ind

Sunil Khandelwal, chief financial officer, Alok Industries speaking to CNBC-TV18 about new duty drawback plan announced for exporters said, "We are yet to get details product wise but prima facie there is marginal reduction in the rates but that should not be of much significance."

Alok Industries unlikely to plan for H&A IPO anytime soon

Alok Industries has put its IPO plan for its home and apparel brand H&A on hold. The stock is down by 6%. However, Sunil O Khandelwal, chief financial officer of Alok Industries denied any such news.

Land sale plan on track, to bring in Rs 2000 cr: Alok Ind

Dilip Jiwrajka, managing editor of the company tells CNBC-TV18 that the plan to sell off the land bank is progressing on track. “The land sale is expected to bring in cash of around Rs 2000 crore, and that will be entirely used to reduce debt,” he assures.

No impact on exports, will grow by 35-40% in FY12: Alok Ind

About 33% of the revenues of Alok Industries come from exports. However, despite the global turmoil, the company’s chief financial officer, Sunil O Khandelwal says there is no impact seen on the exports and the order book.

Fall in cotton prices a good sign for industry: Alok Ind

Textile sector has been doing very well in the past several weeks and one of the reasons behind the performance has been 37% fall in cotton prices on high acreage. In an interview with CNBC-TV18, Sunil Khandelwal, CFO of Alok Industries, spoke about how the textile industry is dealing with a consistent and sharp fall in cotton prices.

Alok Industries says real estate foray was a mistake

In an interview with CNBC-TV18, Sunil Khandelwal, CFO of Alok Industries, spoke about the latest inflation figures and his reading of its impact on his sector. He said the company plans to focus on textile going forward.

Alok Industries' textile business to multi-fold in 5 years

Sunil Khandelwal CFO, Alok Industries, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, spoke about the recent happenings in his country and the road ahead.

10% excise duty on branded garment untimely: Arvind Mills

Naishad Parikh, Head of Policy Initiatives, Representative, Arvind Mills and Sunil O Khandelwal, CFO of Alok Industries analyse the few perks that have benefited the garment industry and the all round budget impact that hasn’t been up to the mark as per the recommendations of Textile Industry.

See 40% revenue growth in FY11, FY12: Alok Industries

In an interview with CNBC-TV18, Sunil Khandelwal, CFO, Alok Industries, spoke about the latest happenings in his company and sector.