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CHINESE TEXTILE GROUP
Global Market Today: Asian stocks fall on Korean chip selloff, oil dipsAsian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also sur...
India Inc wary of fresh trade headwinds as US weighs additional 12.5% tariffIndia faces a potential 12.5% US tariff on imports following a Section 301 investigation into forced labor import prohibitions. Industry le...
Why market rose today? Sensex rises 790 points, Nifty closes near 23,700. 5 key drivers behind surgeIndian stock markets are experiencing a significant rally. The BSE Sensex and Nifty 50 indices have climbed over 1 percent each. This surge...
West Asia War: US' new sanction on a mega Chinese refiner can shake the world’s supply chains — and it’s bigger than oilWest Asia War: United States sanctions on China's Hengli Petrochemical create new worries in West Asia. The move targets a major Chinese re...
Special economic zone to be set up by Chinese textile group inaugurated in Pakistan capitalPakistani Prime Minister Shehbaz Sharif inaugurated a Chinese textile group's special economic zone (SEZ) in Islamabad, projected to genera...
Arvind Envisol to ink joint venture with Chinese textile companyThe company has emerged as one of the major focus areas within the group ever since a demerger last year split the parent into four listed ...
Jayshree Textiles apprehends profit dip on Chinese dumping"We are expecting a steep fall in EBIDTA margins between 2015-16 and 2017-18, particularly after the implementation of GST," a company offi...
Welspun eyes 150% jump in textiles sales at $2.5 billion by 2020Welspun, India's largest home textiles manufacturer, has set a target of more than doubling its revenue to $ 2.5 billion by 2020.
Yuan devaluation: Mutual fund managers fear large-scale investor exitFund houses have invested in sectors like steel and textiles, where the domestic companies are competing with Chinese firms.
Bombay Dyeing to sell Ranjangaon unit on a slump-sale basis for Rs 230 croreThe sale of the unit may not have any impact on the company’s existing retail business and its brand — Home & You — Bombay Dyeing.
Chinese investment firm to set up textile park in GujaratThe Gujarat government today said that a Chinese investment firm has signed a deal to set up a textile park near the industrial town of San...
CCI approves Reliance Industries' deal with Chinese company for textile businessThe combination also involves licensing of the 'Georgia Gullini' trademark by Gullini Fashions Private Ltd -- an Indian arm of China-based ...
Reliance Industries to hive off its iconic textiles businessThe proposed transaction is subject to obtaining requisite approvals. A RIL spokesman told ET that the two companies are yet to decide on t...
Reliance Industries to sell 49% stake in ‘Vimal’ to Chinese company"Our joint venture with Ruyi Group will help Reliance reposition its textile business on a high-growth path," said Nikhil R Meswani, execut...
Reliance Industries Ltd to enter textile JV with China's Shandong RuyiThe JV will leverage RIL’s existing textile business and distribution network in India and Ruyi’s state-ofthe-art technology and its global...
Why Chinese imports are lucrative for Indian companiesBhel has been under fire from aggressive Chinese firms queueing up to compete for power plant deals even if they face trade barriers like i...
Midcap Mantra: Value addition, China demand spin Vardhman growthVardhman Textiles' net profit jumped more than two times to Rs 177 crore, while net sales rose by 1.2 times to Rs 1,279 crore.
- Alok Industries raises FY09 export target despite slowdown
Alok Industries has increased its export target for FY09, at a time when the key markets for Indian textiles like US and Europe are grappli...
- Birlas to buy China VSF-maker
The Aditya Birla group on Monday said it has agreed to invest $67m (Rs 311 crore) to buy a controlling stake in a Chinese viscose staple fi...
- WB govt signs EoI with Chinese group
The West Bengal government on Monday signed an expression of interest (EoI) with Jiangsu Overseas Group Corporation of Nanjing province for...