GCETMBA.com - Business News Update


Reliance Industries' Vimal launches DEO2 fabric
Vimal, the flagship textile brand of Reliance Industries, today announced pan-India roll out of its new range of anti-microbial suiting fabrics. The in-house innovation, called DEO2, is thought to be a first for an Indian textile firm.
Lindström announces launch of Mumbai operations
Finnish textile services leader sees fast growth for workwear services in India
Amritsar gets its first 'Lilliput World' outlet
One-stop-shop destination for kids
Turn Around By Suryalakshmi- Foray Into Power Generation
Turnover shows increase of 16% over previous year Substantial PAT improvement to Rs. 4.35 cr Board recommends dividend of 10 % at Board Meeting on 15th May 2010. To put up captive 25 MW Thermal Power Plant at est cost of Rs. 135 crore
India's second 'Lilliput World' outlet opened in Ludhiana
- One-stop-shop destination for kids -
Slip into Mohena's new Spring Summer 2010 Collection
Indulge yourself in the variety of Mohena's Spring Summer 2010 collection of lingerie and nightwear and rediscover the woman in you.. Walk through paradise and let Mohena be your intimate guide in this journey.. The Spring Summer collection of Mohena beautifully blends the contemporary and the traditional to offer a unique and elegant styling of intimate wear for Indian Women.
Value premium lingerie brand amanté's co-ordinated set voted as 'Product of the Year'
amanté, the value premium lingerie brand from the MAS Holdings has been voted as the "Product of the Year" for innovation by the Indian consumers in the largest independent survey carried out in the country. amanté, won the award for its co-ordinated set. 'Product of the Year' (POY) is the global consumer recognition standard in retail products adopted by 28 countries over 23 years.
Lilliput Kidswear showcased their Exclusive Spring - Summer Collection at the Kids' Fashion Show
Lilliput Fashion Show witnessed 20 little champs displaying the fabulous collection ranging from 'cool boy style' for boys to 'dressed up doll style' for girls.
Intertek's Gurgaon Testing Facility Leads as India's First Woolmark Accredited Lab
The Australian Wool Innovation, Ltd. (AWI) has recently accredited Intertek's Gurgaon Textile and Footwear lab to test for quality wool products under its "Woolmark" brand. Intertek, a leading provider of quality and safety solutions to a wide range of industries, aims to utilize the alliance to provide wool producers of India with a reliable local testing facility.
Indian Textile Machinery buyers planning major purchases at ITMA ASIA + CITME 2010 show
India to bring Single Largest Buyer delegation at the Biggest Textile Machinery show in Asia
Alps Industries signs strategic partnership with Huntsman Textile Effects
The partnership calls for exclusive supply of materials from Huntsman TE for their eight production facilities in India.
Know Leather/ India Now Source Show Kicks Off During NYC's Market Week
India Leather Industry Aims To Expand US Market Reach
Huntsman Textile Effects Awarded Preferred Supplier Status by Global Textile Solutions Provider Alok Industries
Alok Industries Limited, a global integrated textile solutions provider has conferred Preferred Supplier Status to Huntsman, a leading global provider of high-quality dyes and chemicals to the textile and related industries
Ganesh Polytex all set to become India's No.1 company in Waste Management
The capacity expansion of 18,000 tpa expected to be operational in March 2010 will take the total capacity of Ganesh Polytex to 57,600 tpa making it the largest player in recycled Polyester Staple Fibre (Fibrefill) in the country.
Crude oil - Strong US$ Pushes Oil down
Crude oil futures slipped this week despite the strong GDP growth in the fourth quarter of 2009. Earlier in the week, China's weak refinery demand and slumping tech stocks work against oil prices which oscillated around US$73 a barrel.
India Ascending to Leading Role in Global Market for Leather Goods
Know Leather/India Now Source Show - NYC Market Debut Jan 18-19, 2010
YnFx Nylon Chain Report 2009 Published
The "Nylon Chain Report: 2009" containing over 100 pages provides a comprehensive review of market trends, drivers, issues, and challenges.
Sava International, Being recognized on Social Standards
Sava, home textile company has achieved BSCI Audit and ISO certification for its consistence performance, extensive quality products and processes going ahead within and outside the organization.
Nakoda Textile Industries Ltd. announces its Bonus & Stock Split
Sub-division of shares of Rs. 10 each into two shares of Rs. 5 each o Issue of Bonus shares in the ratio of 1:1
4 Days to go for FESPA INDIA - an exhibition on Screen, Digital & Textile Printing scheduled on 7-9 Dec.09 at Pragati Maidan, Delhi.
After the great success of FESPA World Expo 2005, FESPA world Expo 2007 and FESPA Digital India 2009, Services International and FESPA are coming back with the another record breaking International Event FESPA India 2009 where you can experience the latest techniques and innovations of the global Screen, Sign, Digital & Textile Printing Industry.
The US$45 billion polyester industry saw decline in supply - demand of polyester in 2008
The Polyester Chain Report 2009 published by YnFx reports, polyester staple fibre industry was adversely affected by the global slowdown with crisis aggravating in the second half of the year 2008
Nakoda Textiles Board to consider Bonus & Stock Split
Sub-division of shares of the Company; Issue of Bonus shares out of free reserves of the Company
Birla Cotsyn's revenues surge in second quarter
Birla Cotsyn, part of the Rs 3,000 crore Yash Birla Group conglomerate, has posted a revenue (unaudited) of Rs 71 crore for the quarter ended September 30,2009
SKNL: Q2 FY2010 Financial Results Highlights
Net Sales up 69.7% to Rs. 9514.1 million EBIDTA at Rs. 183.2 crores, a 37.5% increase
Nakoda Textile scores a century in its Q3 PAT
PAT for the quarter under consideration jumped 100% to Rs. 6.20 cr from Rs. 3.08cr last year; Net sales, in the same quarter, were up 31% to Rs. 262.31 cr, from Rs. 199.61cr
Indo Rama Synthetics (India) Ltd. announces its Q2 FY10 Results
Sales up 22.32 % at Rs.597.37 crore; EBIDTA up 129 % at Rs.34.19 crore; Profit after Tax (-) Rs.13.25 crore as against (-) Rs.61.48 crore
Nakoda announces 7% interim dividend
7% interim dividend Profit after tax for the Q2 grew 55.9 per cent at Rs 5.57crores for the year FY 2009
India has an edge in booming global organic textile business: Dr Daniel
India is emerging as the top organic cotton-producing country, said Dr Selvam Daniel of ECOCERT, the trusted global name in certification of organic food, cosmetics and textiles
Vertex Integrated Textiles Park Opens
Mr. Suresh Sharma answered several questions with regards to the Textile Park at Nardhana after announcing the formal opening.