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  • Raymond Q2 net jumps 84% to Rs 92 cr Oct 23, 2013 09:21 PM IST

    Raymond Q2 net jumps 84% to Rs 92 cr

    Net sales of the company rose to Rs 1,224 crore during the second quarter, from Rs 1,114 crore in the corresponding period a year ago.

  • Aditya Birla Nuvo Q1 net up 24% at Rs Rs 331.33 cr Aug 09, 2013 05:49 PM IST

    Aditya Birla Nuvo Q1 net up 24% at Rs Rs 331.33 cr

    The company had reported net profit of Rs 266.84 crore in the same quarter a year ago.

  • Siyaram Silk Q1 profit rise over 4% to Rs 10.73 cr Jul 22, 2013 05:36 PM IST

    Siyaram Silk Q1 profit rise over 4% to Rs 10.73 cr

    Siyaram Silk Mills reported a net profit of Rs 10.73 crore in the quarter that ended in June; four percent higher than the last quarter. Net sales of the company stood at Rs 250.73 crore in April-June quarter.

  • Domestic slump, global uncertainty hit TN SME, leather biz Jul 15, 2013 10:23 PM IST

    Domestic slump, global uncertainty hit TN SME, leather biz

    Small and medium enterprises in Tamil Nadu have been badly impacted by the gloabl economic slowdown. Exports from these industrives have dropped and has left thousands jobless.

  • FDI will get back FIIs; export mkt saturated: Sunil Munjal Jun 19, 2013 12:57 PM IST

    FDI will get back FIIs; export mkt saturated: Sunil Munjal

    The export slowdown seen in May trade deficit data is quite disappointing. Sentiment in global market is still very subdued, barring North America most major global importing economies continue to remain under stress.

  • Reactions by India Ratings on Budget 2013 Mar 01, 2013 09:50 AM IST

    Reactions by India Ratings on Budget 2013

    The Union Budget 2013-14 will benefit government banks through equity infusion and gradual easing in stress on infrastructure loans.

  • Smaller cos bearing brunt of economic slowdown: RBI data Jan 09, 2013 07:53 PM IST

    Smaller cos bearing brunt of economic slowdown: RBI data

    Smaller companies are mainly bearing the brunt of economic slowdown, having recorded overall losses in the first half of the current fiscal, a RBI data revealed today.

  • Tulsian‘s multibagger pick: Jai Corp, Hexaware Tech Jan 04, 2013 10:10 AM IST

    Tulsian‘s multibagger pick: Jai Corp, Hexaware Tech

    In an interview to CNBC-TV 18 SP Tulsian of sptulsian.com picks Jai Corp and Hexaware Technologies as his multibagger stocks. He is giving a buy call on these stocks for at least a period of six months to yield better margins.

  • 15.81 mn textile jobs will rise during 12th Plan: Govt Dec 17, 2012 07:46 PM IST

    15.81 mn textile jobs will rise during 12th Plan: Govt

    The government today said the number of jobs in textiles and allied sectors is projected to rise by 15.81 million to 121 million by the end of 12th Five-Year Plan.

  • CARE Ratings outlook on seven major sectors Dec 06, 2012 01:18 PM IST

    CARE Ratings outlook on seven major sectors

    CARE Ratings has come out with its report on various sectors.

  • 'FDI in retail to weed out middlemen in textile industry' Sep 17, 2012 07:22 PM IST

    'FDI in retail to weed out middlemen in textile industry'

    Welcoming the government's decision to implement 51% FDI in multi-brand retailing, Confederation of Indian Textile Industry (CITI) today said the move will encourage organised retailing by reducing the role of middlemen and improving the supply-chain.

  • Belgium expects India-EU FTA talks to conclude by year end Aug 03, 2012 03:23 PM IST

    Belgium expects India-EU FTA talks to conclude by year end

    Belgium today hoped the ongoing negotiations for India-EU free trade agreement will conclude by end of this year, as it sought access to the country's public procurement market.

  • Banks, textiles stocks likely to move up: Murlidharan Jul 26, 2012 06:25 PM IST

    Banks, textiles stocks likely to move up: Murlidharan

    Manoj Murlidharan Vayalar Associate VP-Derivatives, IIFL PReMIA feels that banks, textiles and power stocks likely to move up.

  • Inflation, investment & large CDRs spell trouble: Crisil Jun 08, 2012 10:50 PM IST

    Inflation, investment & large CDRs spell trouble: Crisil

    Crisil managing director and CEO Roopa Kudva explains to CNBC-TV18 the considerable fall in India‘s growth potential indicated by the fourth quarter data which posted a nine-month low of 5.3%.

  • Anand Sharma meets FM to discuss textile sector loan recast May 29, 2012 03:13 PM IST

    Anand Sharma meets FM to discuss textile sector loan recast

    In a bid to ease the problems faced by the textile industry, commence minister Anand Sharma today met Finance Minister Pranab Mukherjee to discuss the possibility of recasting loans granted to the ailing sector.

  • Natural gas plant nearing completion Apr 07, 2012 06:00 PM IST

    Natural gas plant nearing completion

    Work on 800 mw natural gas plant nearing completion.

  • China's textile industry in crisis Mar 28, 2012 06:32 PM IST

    China's textile industry in crisis

    The Chinese textile industry is facing crisis as current typical profit margin in the sector is lower than the cost of finance. During 2011, more than 30 percent of textile and clothing firms in Jiangsu and Zhejiang are reported to have gone out of business, according to China Business Daily.

  • Budget 2012: On textiles Mar 16, 2012 08:00 PM IST

    Budget 2012: On textiles

    The Government has recently announced a financial package of Rs 3,884 crore for waiver of loans of handloom weavers and their cooperative societies.

  • Union Budget 2012: FM announces calibrated excise duty hike to 12% Mar 16, 2012 12:31 PM IST

    Union Budget 2012: FM announces calibrated excise duty hike to 12%

    Finance Minister Pranab Mukherjee announced a 2 percentage point hike in the peak excise duty from 10% to 12%.

  • Big cos not optimistic about Jan-Mar financial performance Mar 04, 2012 12:01 PM IST

    Big cos not optimistic about Jan-Mar financial performance

    Faced with poor demand and shortage of working capital, big corporates are not optimistic about improvement in their financial performance in January- March, said a Reserve Bank report.

  • State govts may levy 4-5% VAT on sugar,textiles from Apr'12 Oct 14, 2011 04:51 PM IST

    State govts may levy 4-5% VAT on sugar,textiles from Apr'12

    State governments are set to levy 4-5% value added tax (VAT) on sugar and textiles from April 1, 2012.

  • Textiles, clothing exports to touch $32 bn in FY12: Sharma Sep 05, 2011 03:41 PM IST

    Textiles, clothing exports to touch $32 bn in FY12: Sharma

    The country's textiles and clothing exports are expected to touch USD 32.35 billion in the 2011-12 fiscal, Parliament was informed today.

  • PN Vijay view on textile stocks Jun 06, 2011 05:49 PM IST

    PN Vijay view on textile stocks

    PN Vijay, Portfolio Manager feels that there are other sectors to be contrarian and not textiles.

  • CRISIL view: 3 sectors likely to see sharp falls in 2011-12 Apr 27, 2011 10:33 AM IST

    CRISIL view: 3 sectors likely to see sharp falls in 2011-12

    Rising input costs will cause India Inc's profitability to decline in 2011-12, according to a recent report by CRISIL Research

  • Taiwan shows interest in investing in Orissa Mar 22, 2011 09:08 PM IST

    Taiwan shows interest in investing in Orissa

    Encouraged by progress in its business ventures in other Indian states, Taiwan today showed keen interest in exploring investment potentials in Orissa, mainly in textiles, food processing and IT sectors.

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