How Welspun India is emerging from a crisis that rocked its credibilityOn August 19, 2016, it felt like the rug had been pulled from under the feet of Welspun India.
09 Jun, 2019, 01.24 PM IST
Welspun India Q4 net profit falls 22.57% to Rs 154 croreTotal income of the company increased by 8.1 per cent to Rs 1,772.71 crore during the quarter.
27 Apr, 2017, 01.33 PM IST
Welspun India Ltd enters into an agreement with Cotton Egypt AssociationUnder the agreement, the two organisations will work together to create programmes for promotion of Egyptian Cotton logo in the retail mark...
09 Feb, 2017, 04.23 PM IST
Welspun India surges over 7% on signing pact with Egypt Cotton AssociationThe company on January 31 reported a 16 per cent fall in consolidated net profit at Rs 149.40 crore for the third quarter ended December 31...
09 Feb, 2017, 02.54 PM IST
ET Q&A: Welspun India expects 7 percent growth in textile business in FY18According to BK Goenka, Welspun's textile business has been growing at 15% but in the coming year, it will see a growth of 5-7%,
12 Jan, 2017, 01.00 PM IST
Welspun India tanks 4% as firm takes Rs 501 crore one-time hitThe company reported a loss of Rs 147.50 crore for the September quarter, compared with a profit of Rs 179.40 crore in the same quarter las...
16 Nov, 2016, 11.04 AM IST
Welspun Q2 net loss at Rs 147.52 cr on Egyptian Cotton issueIncome from operations in the quarter under review stood at Rs 1,789.94 crore, up 21.81 per cent compard to Rs 1,469.44 crore last year, We...
15 Nov, 2016, 06.39 PM IST
Welspun declines after Wal-Mart joins target to pull bedsheetsThe world’s largest retailer said on Friday that Welspun wasn’t able to assure that the sheets are 100 per cent Egyptian cotton.
12 Sep, 2016, 04.17 PM IST
Trident shares jump 17% on reports of Welspun contract shiftAt 01:05 pm, shares of the company were trading at Rs 58.10 apiece, up 16.67 per cent from its previous cloe on Bombay Stock Exchange(BSE).
26 Aug, 2016, 02.06 PM IST
Target said to mull Welspun contract shift to rival TridentThe US retail giant has begun sampling sheets manufactured by Trident, according to the people, who asked not to be identified as the talks...
26 Aug, 2016, 02.03 PM IST
Walmart reviewing records, IKEA to continue ties with WelspunWelspun on its part has said it has initiated immediate actions to investigate the root cause and was appointing an external auditor to aud...
24 Aug, 2016, 09.30 PM IST
Walmart reviews Welspun records after Target pulls sheetsThe stock fell by the daily limit of 20 per cent for a second day, the biggest two-day tumble since 1999.
23 Aug, 2016, 12.17 PM IST
Welspun India sinks 36% in 2 sessions! Should you book losses?The stock hit its lower circuit limit of 20 per cent for the second consecutive day on Tuesday. It has amassed 36 per cent losses, with inv...
23 Aug, 2016, 11.52 AM IST
Welspun India sinks 20% after Target severs business tiesTarget on Friday said it discovered last month that some 750,000 sheets and pillow cases from Welspun had been mislabeled as Egyptian cotto...
22 Aug, 2016, 10.41 AM IST
Shop in Varanasi and get spoilt for choicesFew tourists are aware that cotton from Varanasi is one of the best, the quality equals that of Egyptian Cotton.
30 Jun, 2016, 07.14 AM IST
Christian Dior may care for Egyptian cotton, not farmersEgyptian cotton is considered finest of all varieties because it produces an “extremely soft and supple“ weave, Martha Stewart said on her ...
24 Jun, 2015, 11.30 AM IST
India, Egypt discuss ways to promote economic tiesThe India-Egyptian bilateral trade and investment has bloomed in the past four years, now registering USD 5 billion compared with USD 3 bil...
01 Aug, 2014, 04.23 AM IST