Aastha Spintex IPO Day 3: Issue subscribed 3 times; Check GMP and other details. Should you apply?The company plans to deploy the IPO proceeds to acquire Falcon Yarns, meet working capital requirements, and support general corporate purp...
Catch 'em before they fall: India's new climate safety netIndian cities face a dual threat of extreme heat and torrential monsoons, severely impacting informal workers. Traditional insurance and go...
The overcapacity narrative of the US: Why it does not apply to IndiaThe ‘overcapacity’ argument posits that certain countries produce far beyond their domestic absorption capacity, dumping the surplus on wor...
Aastha Spintex IPO Day 2: GMP signals 4% listing gain; subscription nears full. Should you apply?Aastha Spintex's Rs 170 crore IPO entered Day 2 with a 4% grey market premium (GMP), indicating a potential listing around Rs 141 versus th...
Aastha Spintex IPO off to a steady start; issue subscribed 52% on Day 1. Check GMP & key detailsAastha Spintex IPO saw a steady start on Day 1, subscribed 52% by mid-session, with strong NII demand leading the response. The issue carri...
Aastha Spintex IPO opens for subscription. Check GMP, brokerages review and other detailsThe company plans to utilise the proceeds for the acquisition of Falcon Yarns, funding the working capital requirements of Falcon Yarns and...
Asia's vendors grapple with rising costs of ever-present plasticsRising plastic costs: Asian food vendors are struggling with soaring plastic costs, a direct consequence of the Middle East energy crisis. ...
Heat stress becoming a serious risk for MSMEs and workers: ReportsRecent studies by WRI India and HeatWatch reveal that heatwaves are disrupting production, increasing operational costs, reducing worker pr...
Capex boom, global sourcing tailwinds fuel textile stock rallyTextile exporter stocks witnessed a significant rally on Wednesday, boosted by positive initiation of coverage from Motilal Oswal Financial...
Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?Motilal Oswal has initiated coverage on eight textile companies, turning bullish on Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Gl...
Be proud & don't flatter yourself, days of the nightie are upon usThe humble Indian nightie, a symbol of practical modesty and comfort, is emerging as a powerful, yet overlooked, industry. Beyond its domes...
Reliance eyes export-led push with new manufacturing platforms across key consumer segmentsReliance Industries is set to revolutionize manufacturing across beverages, daily essentials, garments, and electronics, with a significant...
How a Noida-based apparel maker found its way into wardrobes worldwideCTA Apparels is embracing automation and vertical integration to enhance speed, transparency, and traceability. This shift positions them a...
Former PM IK Gujral's son loses nearly Rs 8 crore in cyber fraud. Here's how scamsters fooled ex Rajya Sabha MP's companyFormer MP Naresh Gujral lost Rs 7.8 crore in a cyber fraud. Scammers impersonated him on a messaging app and manipulated an employee's phon...
India-UK CETA to help textile exporters double UK market share to 12% in 3-5 yearsIndian textile exporters anticipate a significant boost in the UK market. The new India-UK trade deal, effective July 15, offers zero duty ...
India-UK FTA levels the playing field for apparel exporters, says Pearl Global's Pallab BanerjeeIndia's apparel exports are set for a significant boost with the new UK Free Trade Agreement, finally removing a long-standing 10-12% tarif...
US buyers keen to stitch deals with Indian apparel exportersIndian apparel exporters face pressure as US buyers demand discounts of up to 10%. This comes as India's readymade garment exports have dec...