With new clothes as cheap as used ones, Panipat’s recycling industry goes out of fashionPanipat's mills specialize in a cloth known as shoddy, which is made from low-quality yarn recycled from woolen garments.
16 Jan, 2018, 09.21 AM IST
- Karnataka’s dominance in garments traces itself to Binny Mills
The aggressive growth of public sector units and the advent of the New Economic Policy later saw the mills declining. It shut down operatio...
30 Nov, 2017, 11.21 AM IST
Donear Industries soars 7% on OCM acquisition, retreatsThe move is seen helping OCM’s distributors, who generally witness lower sales during seasons other than winter.
21 Nov, 2017, 03.46 PM IST
Top stocks in focus on 21 November 2017Here is a list of top stocks that are likely to be in focus in today's trading session.
21 Nov, 2017, 08.51 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
Monte Carlo to foray in e-retail post its IPOMonte Carlo Fashions would launch its own e-retail business after its IPO on December 3 as the public offer would help it meet the norms fo...
28 Nov, 2014, 07.03 PM IST
Government plans Rs 50 crore modernisation for silk factory, millJammu and Kashmir government has formulated Rs 50 crore revival plan for modernisation of silk factory and woolen mill.
12 Aug, 2014, 04.21 PM IST
Rupee devaluation: Woollen clothes to cost more this winterThe rupee devaluation has further added to the woes, pushing up landed price of raw wool on Indian shore.
30 Aug, 2013, 11.39 AM IST
- J&K government invests Rs 2.50 crore to upgrade its heritage Woolen Mills
In order to arrest losses, J&K government has invested Rs 2.50 crore in its run down Bemina Woolen Mills to improve its production that had...
03 Sep, 2012, 09.28 PM IST
- Samara Capital may invest Rs 180 crore in Monte Carlo Fashions
Monte Carlo will sell 20% for the consideration, valuing the 26-year-old brand known for its woollen wear at Rs 1,000 crore, sources said.
07 Jun, 2012, 05.56 AM IST
- Monte Carlo in talks with PE firms to sell 25% stake for 300 crore
The proceeds of the stake sale will be used to expand the number of exclusive stores to 170 by March 2012 from 130 now.
15 Sep, 2011, 04.20 AM IST
- Recession in US and EU: Home demand bails out apparel companies from global slump
Indian woolen apparel manufacturers are focusing on growing demand from affluent customers in the domestic market for high-end products due...
23 Aug, 2011, 01.03 AM IST
- MRTPC breather for Lafarge in 1990 cement cartelisation case
Allowing an application of the cement major Lafarge India Ltd, anti-monopoly watchdog MRTPC has relieved it from cartelisation charges in t...
18 Sep, 2008, 07.41 PM IST
- SC quashes MRTPC order against Raymond Woolen Mills
The Supreme Court on Thursday quashed the Monopolies & Restrictive Trade Practices Commission order that held Raymond Woolen Mills responsi...
15 May, 2008, 07.52 PM IST
- Oswal takes a textile trip, shuts soap co
Oswals of the Nahar group are bidding adieu to non-textile business. Nahar Industrial Enterprises’ (NIEL) oil and soap facility.
09 Aug, 2006, 12.17 AM IST