END OF AN ERA AS JCP FILES FOR BANKRUPTCY
J.C. Penney recently filed Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. With 846 stores and 85,000 employees, J.C. Penney...
Tag : business
Rs 3 lakh crore MSME scheme Deciphered
Eligibility, procedure, rates and other questions answered Under this scheme, MSMEs borrowers with upto Rs 25 crores of total borrowing can avail an additional 20...
Shahi exports ensuring wellbeing of its 120,000+ employees
The biggest export house of the country has endorsed Call to Action on “COVID-19: Action in the Global Garment Industry” which aims to generate actions...
MSMEs may now get their grievances resolved within 7 days through this new govt portal
Ease of Doing Business for MSMEs : MSME Ministry on Tuesday announced a grievance registration and management system for issues around finance, raw materials, labour,...
H&M sales Drop in Key Markets
H&M issued a coronavirus trading update on and it showed how the pandemic has devastated the company’s business since the middle of March. Around 80%...
Ima S.p.a. defying tough times via offering cutting machines to manufacture medical textiles
As we all know that Italy was one of the worst affected areas from Covid 19 and is still struggling hard to get out of...
FM Announces Big Steps for MSME’s
Synopsis.. After the hon. PM announced Government plan to atam nirbhar that is self reliant the country was looking for a clarity. As per the...
Macy’s to reopen stores soon
Macy’s, one of the biggest department Chains in the United States aims to reopen all of its 775 stores, including Bloomingdale’s, Bluemercury and its major...
Apparel exports dynamics geared for big change
Will India lose share in US and Eu or gain Ananalysis As per the latest report by Wazir Advisors US economy is expected to reduce...
1 crore job cuts likely in textile industry without govt support:CMAI
With around 80 per cent of the garment industry mostly micro, small and medium enterprises, CMAI, which has around 3,700 members employing over 7 lakh...