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  • Rebate extension brings relief for apparel exporters, but more needs to be done Jul 20, 2021 09:03 AM IST

    Rebate extension brings relief for apparel exporters, but more needs to be done

    The reinstatement of the rebate on state and central taxes and levies will make garment exporters competitive

  • 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

  • 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

  • GST Council may finalise e-way rules, fix anomalies tomorrow Aug 04, 2017 02:55 PM IST

    GST Council may finalise e-way rules, fix anomalies tomorrow

    The Council, headed by Finance Minister Arun Jaitley, will also review at its meeting the implementation of the new Goods and Services Tax (GST) regime since July 1 and may finalise a mechanism to operationalise anti-profiteering provision to protect consumer interest.

  • MSME Leadership Series: Saluting the spirit of entrepreneurship Mar 21, 2017 09:43 PM IST

    MSME Leadership Series: Saluting the spirit of entrepreneurship

    Ludhiana seems to be the one-stop destination for almost all businesses right from auto parts to garments to industrial goods. This episode discusses what more needs to be done to augment the growth of the micro, small and medium enterprise (MSME) sector.

  • Govt exempts loose garments from Packaged Commodities Act Dec 21, 2016 09:14 PM IST

    Govt exempts loose garments from Packaged Commodities Act

    According to the amendments, readymade garments sold in loose form have been exempted from Legal Metrology (Packaged Commodities) Act, 2011, a senior official of the Textiles Ministry said.

  • Arvind hits new high; CLSA ups target, textile biz to drive RoCE Oct 18, 2016 12:59 PM IST

    Arvind hits new high; CLSA ups target, textile biz to drive RoCE

    Arvind shares hit record high of Rs 368.50, up 5.5 percent intraday Tuesday. CLSA raised target price on the stock to Rs 418 from Rs 362 as it expects the shift in favour of garments business and the asset-light expansion model to drive further improvement in return on capital employed (RoCE) over the next three years.

  • On target to reach Rs 1000 cr revenue mark: Lux Industries Sep 20, 2016 04:31 PM IST

    On target to reach Rs 1000 cr revenue mark: Lux Industries

    In an interview to CNBC-TV18, Sajjan Kedia, VP-Finance & Corporate Compliances at Lux Industries said Dankuni, West Bengal plant should be operational by September-end or first week of October.

  • Budget 2016: FM's tax proposals aimed at growth, job creation, says Adhia Mar 01, 2016 04:30 PM IST

    Budget 2016: FM's tax proposals aimed at growth, job creation, says Adhia

    Targeting a realistic 11 percent increase in tax revenue in 2016-17, the Budget has attempted to make domestic industry competitive, fuel demand and create jobs, Revenue Secretary Hashmukh Adhia said

  • Govt enhances duty drawback rates to boost exports Nov 16, 2015 10:18 PM IST

    Govt enhances duty drawback rates to boost exports

    The central government has notified the Schedule of revised All Industry Rates of Duty Drawback effective from November 23, 2015, the Finance Ministry said. Duty drawback is refund of duties on imported inputs for export items

  • Ashapura Intimates Fashion Ltd`s Valentine Brand Honoured with - Lounge and Nightwear  Brand of the Year - A National Award for Marketing Excellence Given by CMO Asia Jul 29, 2015 10:00 AM IST

    Ashapura Intimates Fashion Ltd`s Valentine Brand Honoured with - Lounge and Nightwear Brand of the Year - A National Award for Marketing Excellence Given by CMO Asia

    Ashapura Intimates Fashion Ltd’s Valentine brand was adjudged “Lounge & Nightwear Brand of The Year”, which is a National Award ...

  • Q3 export realisations seen at Rs 60/$: Arvind Nov 12, 2013 11:45 AM IST

    Q3 export realisations seen at Rs 60/$: Arvind

    According to Arvind's Sanjay Lalbhai, the huge growth in textile and clothing is responsible for improvement in the margins of the company for the quarter ended September.

  • Exports pick up in April but growth very slow May 10, 2012 09:32 PM IST

    Exports pick up in April but growth very slow

    India's exports picked up in April after falling in March but only grew 3.2% from a year earlier.

  • PM announces duty free import of 61 items from B'desh Sep 07, 2011 12:46 PM IST

    PM announces duty free import of 61 items from B'desh

    Taking the trade route to cement bilateral ties, Prime Minister Manmohan Singh has announced duty-free import of 61 items from Bangladesh that were barred from entering India.

  • Retailers beware! Tinker with fabric at your risk Feb 17, 2011 08:14 AM IST

    Retailers beware! Tinker with fabric at your risk

    Blame the high price of cotton for T-shirts that might feel just a bit scratchier this spring, or pants that seem to stretch out after one washing.

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