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Presenting Partner

Life Insurance Corporation of India

Moneycontrol

Budget 2022

Technology Partner

Dell Technologies

Associate Partners

Kotak Mutual Fund
Pharmeasy
Indiabulls
SBI
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  • Interview| Rising raw material costs, liquidity crisis biting apparel exporters amidst boom in global orders: AEPC Chairman Narendra Goenka Jan 27, 2022 07:26 PM IST

    Interview| Rising raw material costs, liquidity crisis biting apparel exporters amidst boom in global orders: AEPC Chairman Narendra Goenka

    Expected to hit $20 billion in FY23, apparel exports are poised for historic growth, Goenka says. Completion of critical free trade agreements, currently under negotiations, is expected to supplement this.

  • Explained: Why GST on textiles, apparel is being changed; industry’s concerns Dec 27, 2021 06:50 PM IST

    Explained: Why GST on textiles, apparel is being changed; industry’s concerns

    With the GST rate set to be harmonised across the textile chain, the move will impact manufacturers and consumers, coming on the back of the pandemic and higher raw material costs

  • GST hike on textile, footwear to negatively impact working capital of MSMEs: Experts Nov 24, 2021 08:58 PM IST

    GST hike on textile, footwear to negatively impact working capital of MSMEs: Experts

    The Finance Ministry on November 18 notified a 7 percent increase in GST applicable on finished products such as apparel, textiles and footwear from 5 percent to 12 percent, effective January 2022.

  • GST on apparel, textiles and footwear up from 5% to 12%, effective January Nov 20, 2021 10:37 AM IST

    GST on apparel, textiles and footwear up from 5% to 12%, effective January

    The GST hike was notified by the Central Board of Indirect Taxes and Customs (CBIC) on November 18

  • Is denim in an identity crisis? Nov 14, 2021 05:51 PM IST

    Is denim in an identity crisis?

    New styles emerge and recycle at dizzying speed. So fast that sometimes they seem not to move at all, like a colorful spinning wheel transformed into a blur of brown: everything relevant at the same time.

  • Explained | Why has the govt announced a PLI scheme for synthetic fibres, technical textiles? Sep 08, 2021 05:48 PM IST

    Explained | Why has the govt announced a PLI scheme for synthetic fibres, technical textiles?

    Most Production-Linked Incentive (PLI) schemes until now have been targeted at high-value goods or those that would cut import dependence. Synthetic fibres, which include rayon, nylon, polyester and acrylic, and technical textiles don’t come under either category. Moneycontrol takes a look at why the government is focused on these products.

  • Apparel exports fall for 4 years as Bangladesh, Vietnam gain ground Jul 15, 2021 02:19 PM IST

    Apparel exports fall for 4 years as Bangladesh, Vietnam gain ground

    The Cabinet has extended the existing export-promotion scheme for textiles until March 2024 but experts say the sector, which is one of India's biggest job creators, needs more support to face fierce competition from rivals such as Bangladesh, Vietnam and Cambodia

  • Anti-China sentiment: India should seize the opportunity in textile exports Apr 22, 2021 09:53 AM IST

    Anti-China sentiment: India should seize the opportunity in textile exports

    India gained market share in US imports of cotton home textiles in 2020 and this year. Exports of readymade garments rose in March after several months of declines

  • Winter products keep festive momentum going for value format retailers Dec 17, 2020 12:14 PM IST

    Winter products keep festive momentum going for value format retailers

    Footfalls at retailers continue to lag previous year’s levels. But average spends and purchases by visiting customers have gone up, aiding a recovery

  • Smaller firms outpace Page Industries Dec 02, 2020 11:31 AM IST

    Smaller firms outpace Page Industries

    Sales of Lux Industries, Dollar Industries, Rupa & Co. grew at a decent pace in the September quarter, helped by sales of economy range products and growth in smaller urban centres

  • The festive season is around the corner and here’s what brand experts are telling apparel retailers Aug 14, 2020 04:51 PM IST

    The festive season is around the corner and here’s what brand experts are telling apparel retailers

    Tap social media to engage with the customer, strengthen e-commerce channels and increase advertising — these are some of the tips the experts have for apparel retailers looking to rebound from the hammering they have taken in the wake of the Covid-19 outbreak

  • Coronavirus lockdown | Apparel sector likely to witness 10-15% revenue loss in FY21: ICRA Apr 02, 2020 05:55 PM IST

    Coronavirus lockdown | Apparel sector likely to witness 10-15% revenue loss in FY21: ICRA

    ICRA in a report said that it expects high operating leverage, discounted sales to clear inventory backlog and bad debts to result in a shrinkage of their profit margins.

  • Arvind Fashions may shutter Unlimited stores, looks to consolidate business Jul 29, 2019 03:00 PM IST

    Arvind Fashions may shutter Unlimited stores, looks to consolidate business

    The brand plans to focus on driving growth in southern states and Maharashtra to achieve breakeven this fiscal

  • Vardhman Textiles Q1 PAT may dip 9% YoY to Rs. 144.8 cr: ICICI Direct Jul 18, 2019 12:12 PM IST

    Vardhman Textiles Q1 PAT may dip 9% YoY to Rs. 144.8 cr: ICICI Direct

    Net Sales are expected to increase by 2.5 percent Y-o-Y (down 1.2 percent Q-o-Q) to Rs. 1,742.3 crore, according to ICICI Direct.

  • Rupa & Company Q1 PAT may dip 13.9% YoY to Rs. 8.8 cr: ICICI Direct Jul 18, 2019 12:09 PM IST

    Rupa & Company Q1 PAT may dip 13.9% YoY to Rs. 8.8 cr: ICICI Direct

    Net Sales are expected to increase by 2.8 percent Y-o-Y (down 52.1 percent Q-o-Q) to Rs. 188.6 crore, according to ICICI Direct.

  • Page Industries Q1 PAT may dip 4% YoY to Rs. 119.5 cr: ICICI Direct Jul 18, 2019 12:04 PM IST

    Page Industries Q1 PAT may dip 4% YoY to Rs. 119.5 cr: ICICI Direct

    Net Sales are expected to increase by 5.1 percent Y-o-Y (up 40.9 percent Q-o-Q) to Rs. 856.5 crore, according to ICICI Direct.

  • Kewal Kiran Q1 PAT seen up 10.4% YoY to Rs. 15.4 cr: ICICI Direct Jul 18, 2019 11:45 AM IST

    Kewal Kiran Q1 PAT seen up 10.4% YoY to Rs. 15.4 cr: ICICI Direct

    Net Sales are expected to increase by 7.7 percent Y-o-Y (down 14.3 percent Q-o-Q) to Rs. 114 crore, according to ICICI Direct.

  • Ethnic wear retailer Soch in talks with 3 PE players for stake sale Feb 28, 2019 12:41 PM IST

    Ethnic wear retailer Soch in talks with 3 PE players for stake sale

    In November last year, CX Partners was close to buying around 30% stake in Soch. In 2017, Vedant Fashions was also in talks to acquire Soch

  • Vardhman Tex Q3 PAT seen up 33.5% YoY to Rs. 180.9 cr: ICICI Direct Jan 18, 2019 03:49 PM IST

    Vardhman Tex Q3 PAT seen up 33.5% YoY to Rs. 180.9 cr: ICICI Direct

    Net Sales are expected to increase by 3.1 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 1,698.6 crore, according to ICICI Direct.

  • Rupa & Co. Q3 PAT seen up 10.8% YoY to Rs. 26.4 cr: ICICI Direct Jan 18, 2019 03:48 PM IST

    Rupa & Co. Q3 PAT seen up 10.8% YoY to Rs. 26.4 cr: ICICI Direct

    Net Sales are expected to increase by 9 percent Y-o-Y (up 22.4 percent Q-o-Q) to Rs. 303.1 crore, according to ICICI Direct.

  • Page Industries Q3 PAT seen up 18.5% YoY to Rs. 98.8 cr: ICICI Direct Jan 18, 2019 03:29 PM IST

    Page Industries Q3 PAT seen up 18.5% YoY to Rs. 98.8 cr: ICICI Direct

    Net Sales are expected to increase by 14.8 percent Y-o-Y (up 3.2 percent Q-o-Q) to Rs. 712.9 crore, according to ICICI Direct.

  • Kewal Kiran Q3 PAT seen up 38.3% YoY to Rs. 14.4 cr: ICICI Direct Jan 18, 2019 03:26 PM IST

    Kewal Kiran Q3 PAT seen up 38.3% YoY to Rs. 14.4 cr: ICICI Direct

    Net Sales are expected to increase by 13.2 percent Y-o-Y (down 29.8 percent Q-o-Q) to Rs. 106.9 crore, according to ICICI Direct.

  • Royal Enfield accessories at 40% discount: Grab your garb now! Jan 16, 2019 01:15 PM IST

    Royal Enfield accessories at 40% discount: Grab your garb now!

  • Opinion | Can Patanjali’s Paridhan be a threat to big apparel brands? Nov 12, 2018 02:37 PM IST

    Opinion | Can Patanjali’s Paridhan be a threat to big apparel brands?

    Baba Ramdev will undoubtedly give most established apparel brands run for their money in Paridhan’s initial years

  • Vardhman Tex Q1 PAT seen up 30.2% YoY to Rs. 193.9 cr: ICICI Direct Jul 17, 2018 11:53 AM IST

    Vardhman Tex Q1 PAT seen up 30.2% YoY to Rs. 193.9 cr: ICICI Direct

    Net Sales are expected to increase by 5 percent Y-o-Y (up 8.6 percent Q-o-Q) to Rs. 1,639.4 crore, according to ICICI Direct.

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