Jayesh Shah

Textiles firm Arvind Ltd today reported a 16.40 percent decline in consolidated net profit to Rs 75.62 crore for third quarter of the current fiscal, on account of demonetisation and higher expense.

RBI Credit Policy: Expect liquidity to improve in July-August, says Union Bank

With the Reserve Bank of India keeping the key policy rate unchanged at 6.50 percent, Arun Tiwari, Chairman and Managing Director, Union Bank of India; and Shilpa Kumar, Group Executive, ICICI Bank shared their views with CNBC-TV18 on the RBI monetary policy.

Arvind Q3 profit up 7% at Rs 109 cr, operating margin slips

Arvind's third quarter profit increased 7 percent year-on-year to Rs 109.1 crore led by textile and real estate business. However, finance cost dented the profitability.

Sebi slaps Rs 10.50L fine on 3 promoters of Platinum Corp

Market regulator Sebi has imposed a total fine of Rs 10.50 lakh on three promoters of Platinum Corporation Ltd for violating various norms, including those related to insider trading in acquiring shares.

Arvind aims to be a Rs 8000cr revenue company by 2015

Sanjay Lalbhai, CMD of Arvind says the company managed a 15% growth for its textile business in FY12. "Our topline grew by 6% in the fourth quarter of last fiscal year," he said in a press conference.

Arvind sells 40% stake in VF Arvind Brands to partner

Apparel maker Arvind has sold its 40% stake in joint venture VF Arvind Brands to partner VF Mauritius for Rs 257 crore and will use the proceeds to reduce debt.

Excise duty on branded apparel to hit sales of retailers

Forget costlier air travel, healthcare and hotel accommodation, even your clothes will get costlier - thanks to the finance minister. CNBC-TV18's Tanvi Shukla and Supraja Srinivasan delve deeper.