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SABU JACOB
Garment exporters see demand recovering as US tariff pressures easeIndian garment exporters expect a strong business rebound in the second half of the fiscal year. Easing US tariff pressures are bringing bu...- Sabarimala issue: 'Even God is not safe' in Kerala, alleges FM SitharamanUnion Finance Minister Nirmala Sitharaman raised concerns about Kerala's economy and safety during a campaign event. She highlighted the Sa...
- Garment exporter-backed political outfit gears up to ruffle LDF, UDF in Kerala’s local body pollsPolitical party Twenty20, founded by Kitex Garments promoters, plans to contest in half of Kerala's districts for upcoming local body polls...
- Christmas day celebrations at Kizhakkambalam by migrant workers turns violent, police attackedChristmas day celebrations on Saturday night by migrant labourers from the north east part of India at Kizhakkambalam area of Ernakulam dis...
- Kerala Industries department like 'frog in the well': Kitex Chairman"They are like a frog in the well and unaware of the investor-friendly atmosphere in other states," he said. On apprehensions of inspection...
- Conscience does not permit investment of even one rupee in Kerala: Kitex group chairmanSabu Jacob said he has been facing problems for a long time, but he hung on as he was concerned about the thousands of people he has employ...
- After dumping Kerala, Kitex Group commits Rs 1,000 crore investment in TelanganaA delegation from Kitex group, led by its Chairman and Managing Director Sabu M Jacob, met IT and Industries Minister KT Rama Rao and discu...
- Open to discussing issues raised by Kitex group, says Kerala govt"The government is still open.. issues can be discussed with the investors and take things forward," Industries Minister P Rajeev told repo...
- Not leaving Kerala on my own, being 'hounded out', says Kitex group chairman"I'm not going on my own. I'm being hounded out, I am being kicked out..," Jacob told reporters at the Kochi airport.
- Receiving offers from several states, Kerala govt hasn't approached yet: Kitex chairmanJacob told that principal secretaries and ministers from states across the country have been calling him up to discuss taking his Rs 3500 c...
- Kitex Garments profit rise 16% for FY19Kitex is a leading supplier of infant wear to the big global and retail brands with 90% of the export going to the US and the rest to the E...
- Kitex Garments clocks 8% rise in profit in Q2Total revenue for the half year ended September 30 stood at Rs 313 crore.
- Employee cost rose on back of higher hiring: Sabu Jacob, Kitex GarmentsWhatever we invested for the labours that is going to come out itself this year and as I said the automation happened little delayed
- Q3 is slow, in spite of that we made a turnover of 150 crores: Sabu Jacob, MD, Kitex GarmentsLast year we closed business with Jockey and we already converted all the business to other clients and we added Carter's to that, he said.
- Expect 20% growth in FY17: Sabu Jacob, Kitex GarmentsIn a chat with ET Now, Sabu Jacob, CMD, Kitex Garments, talks about his company's performance and debt clearing.
- After 42% slump, Kitex stages a turnaroundThe stock has had quite a roller-coaster ride, recovering 20 per cent since Friday after having lost as much as 42 per cent up till Thursda...
- Delay in winter in US impacted Q3 earnings; will make up for it in Q4: Sabu Jacob, Kitex Garments"Most of our business is with the US, which saw a delayed winter this year. Our clients wanted to hold their inventory due to this delay."
- Tie-up with US label soon; planning own brand for parallel launch in US by 2016: Sabu M Jacob, Kitex Garments"We already recorded a 27% profit last year and in the whole world, you won't find any factory reaching more than 20% PBT but we touched 27...
- Have taken many steps to improve margins: Sabu M Jacob, Kitex GarmentsJacob said that his company will shortly be adding more clients. He said Kitex Garments may add one more client probably in the first quart...
- Kitex Garments abandons its expansion plans in KeralaKitex Garments dealt a major blow to the investor-friendly image of the Government by announcing that it is abandoning its expansion plans ...
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