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OCM INDIA
Oaktree Capital provides ₹3,400cr debt facilities to Vedanta for 18 monthsOaktree has stipulated that Vedanta would have to pay 17% interest on the debt in the event of a default, the people said. The proceeds wil...23 Dec, 2023, 09.19 AM IST- India-listed Vedanta raises Rs 3400 crore from Oaktree Capital at 12%India-listed Vedanta has raised funds around the time its holding company is working round the clock to arrange funds to refinance its upco...23 Dec, 2023, 09.17 AM IST
- Vedanta raises Rs 2,500 crore from Oaktree for refinancing, capexTwo funds backed by Oaktree Capital subscribed to the non-convertible debentures maturing on March 27, 2025. Vedanta has offered a 12% upfr...04 Oct, 2023, 05.40 AM IST
- Donear Group acquires OCM Woolen MillsOC, formerly known as OCM India, began its journey as a textile manufacturer in 1924 and started making worsted fabric in 1972.21 Nov, 2017, 07.09 AM IST
- Donear group promoters acquire OCM Woolen MillsThe acquisition, whose size was not disclosed, would make the Donear Group the largest branded menswear fabric manufacturer, the company sa...20 Nov, 2017, 03.27 PM IST
- Pakistani designer brand Sana Safinaz enters Indian marketPresenting semi-stitched products for Indian women, the popular brand will showcase their 2015 silk collection comprising of six designs in...23 Sep, 2015, 01.38 PM IST
- Mobile applications to woo Indian consumersDesigner Ritu Kumar’s app, for example, has a virtual wardrobe for users to try different clothes on his/her picture.23 Aug, 2014, 04.12 AM IST
- US-based WL Ross & Co to invest in India’s textile businessThe textile sector currently contributes 14% to industrial production, 4% to gross domestic product and 11% to India’s export earnings.30 Jul, 2014, 04.00 AM IST
- ASCI's portal to help consumers get complaints resolved soonerASCI has introduced features on its newly designed website to help consumers get speedy resolution of cases.05 Sep, 2013, 04.50 PM IST
- ASCI to use Facebook, Twitter to promote its online redressal serviceThe unique login ID and password for the online account provides consumers a single window to lodge complaints, fast-track complaints.05 Sep, 2013, 04.53 AM IST
- RIL pulls sale tag off iconic brand 'Only Vimal'The Vimal brand became a household name in the 1980s and was the first to use international cricketers like Vivian Richards as brand ambass...25 Jan, 2013, 09.14 AM IST
- WL Ross asks OCM to wipe out losses by March 2013OCM India is the second major Indian investment for WL Ross after SpiceJet, where it made 58% profit in June last year by selling its 30% s...22 Dec, 2011, 06.29 PM IST
- OCM India to go for Rs. 15 crore image makeoverOCM India, an over eight decade old textile company based in Amritsar, is in the midst of a Rs. 15 crore image makeover plan.21 Dec, 2011, 05.29 PM IST
- OCM expects Rs 160 cr turnover by 2008Amritsar-based textile manufacturer OCM India Ltd on Wednesday said that it was looking to achieve turnover of Rs 160 crore by the end of t...05 Dec, 2007, 08.04 PM IST
- OCM to bring Burlington WorldWide to IndiaTextile manufacturer OCM India, now owned by WL Ross & Co, has entered into a partnership with Burlington WorldWide that would enable it to...17 Sep, 2007, 12.05 AM IST
- US billionaire invests $37 mn in IndiaUS billionaire investor Wilbur Ross agreed to buy OCM India Ltd, a bankrupt textiles maker, for $37 mn.04 Oct, 2006, 09.20 AM IST
- Three bidders in last lap of OCM India saleThe countdown has finally begun for OCM India’s long-awaited sale.15 Sep, 2006, 03.17 AM IST
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