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    • As S Kumars shreds, Reid & Taylor IPO will stitch with time

      As S Kumars shreds, Reid & Taylor IPO will stitch with time

      S Kumars Nationwide has had a shocking day in the market today. The stock nosedived 25% ‘surprising’ the street. Denying the possibility of ‘any shares being pledged on any promoter account’, Nitin Kasliwal, vice chairman and managing director of the apparel company says “the shares are pledged to anyone but to our existing lenders.”

    • Consumers may bear brunt of excise duty hike: S Kumars

      Consumers may bear brunt of excise duty hike: S Kumars

      Ashesh Amin, President (Apparel and Retail) of S Kumars, in an interview with CNBC-TV18’s Latha Venkatesh and Ekta Batra, gave his view about the 10% mandatory duty which was optional earlier and the impact of this strike for the company, going forward.

    • Budget 2011-12: The textile industry wishlist

      Budget 2011-12: The textile industry wishlist

      Naishad Parikh, advisor and board member of Arvind Group expects no major changes in this year budget for the textile industry.

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