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HOSIERY INDUSTRY
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...- 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...
- In 1934, a chemist pulled a sticky polymer into a thread, and nylon moved toward everyday lifeIn a twist of fate, a humble lab experiment by chemist Julian Hill in the 1930s turned a sticky substance into a global phenomenon. What st...
- Dollar Industries founder Dindayal Gupta dies at 88Dindayal Gupta, the 88-year-old founder and chairman emeritus of Dollar Industries Limited, passed away on Saturday due to age-related ailm...
- Lux Industries demerger: Mukul Agrawal-owned smallcap company announces three-way splitLux Industries' shares dropped over 7% following board approval for a business demerger. The move, stemming from a family settlement agreem...
- Noida protest: Cars set on fire, stones pelted during salary hike unrest; Watch videoNoida protest: Protests by factory workers in Noida demanding higher wages turned violent on Monday, with reports of vehicles being set on ...
- Noida protest reason: Why workers are up in arms, pelting stones, blocking key roads, torching carsProtests by workers at Noida's Hosiery Complex demanding higher wages escalated into violence on Monday. Demonstrators vandalized vehicles ...
- Hosiery makers to stitch 10-12% revenue growth in 2024-25 fiscal: CRISIL RatingsIndian hosiery makers are expected to log 10-12 per cent increase in revenue in 2024-25, asserted Crisil Ratings.
- Hosiery sector revenue set for 10-12% growth in FY24: CRISILIndian hosiery makers are poised for a 10-12% revenue boost this fiscal year, driven by revived rural demand, export growth, and strong mod...
- Ludhiana hosiery industry seeks help amid cheap Chinese fabric ‘dumping’ET SIDBI MSME Conclave Ludhiana: While Ludhiana is an ideal destination for setting up hosiery industry, rising imports of man-made fabrics...
- Indian hosiery sector stitches up revenue growth of Rs 36,000 cr, 18-20% higher on-yearNotably, the Comprehensive Economic Partnership Agreement signed by the government with UAE could boost textile segment exports, especially...
- With chilly weather, Ludhiana's hosiery sector expects clearance of winter wear stockBiting cold weather conditions have been prevailing in the region for the past many days with minimum temperature ranging between 2 and 7 d...
- Garment, hosiery trade bodies seek scrapping of GST hike proposal not defermentThe hosiery industry body Federation of Hosiery Manufacturers Association of India (FOHMA) has hailed the decision to hold the GST rate hik...
- Yarn shortage pushes up summer wear prices by 20 per centTop manufacturers Lux Industries and Dollar Industries said the increase in yarn export to Europe and the US since October--due to disrupti...
- Ludhiana hosiery units struggle to meet demand amid pandemic, farmers' protestThe early onset of winter brought a ray of hope for the manufacturers of woolen wears, however, they are unable to meet the demands amid th...
- Hosiery maker Lux Industries to debut on NSEFounded in 1957, the company has more than 100 products in its kitty and is the largest Indian exporter of innerwears.
- FOHMA comes out with hosiery cost index to make industry more awareFOHMA president KB Agrwala, said that over time the hosiery index will become a reference point for the entire hosiery and knitwear industr...
- Haryana to set up hosiery cluster in district SirsaHaryana government has decided to set up a hosiery cluster at village Darbi in district Sirsa that produces 40 per cent of the total cotton...
- Dollar Industries ventures into jeanswearDollar Industries has ventured into jeanswear as part of its endeavour to make a foray into lifestyle segment. The company will sell its pr...
- Ludhiana's hosiery industry witnessing a boomIndia's largest hosiery industry at Ludhiana is witnessing a boom as it has created a place for itself in domestic as well as foreign marke...
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