PICANOL GROUP ACQUIRES MINORITY STAKE IN RIETER HOLDING AG
Picanol Group has today acquired a minority stake in Rieter Holding AG amounting to a total of 467,236 shares for a price of 45.4 million...
Tag : textileindustry
PICANOL GROUP: 2020 RESULTS IN LINE WITH EXPECTATIONS
Within the Machines & Technologies segment, in September 2020, Picanol launched the new TerryPlus-i, which is the most efficient and versatile airjet weaving machine for...
HHEC DISSOLVED BY MINISTRY OF TEXTILES
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved the closure of Handicrafts and Handlooms Export Corporation of India Limited (HHEC),...
TAMIL NADU ANNOUNCES NEW INDUSTRIAL POLICY
To attract investments worth about Rs.10 trillion and generate employment for two million by 2025 Tamil Nadu recently announced its new Industrial Policy 2021 to...
COTTON YARN PRICE RISE, INTERMITTENT SUPPLY PROBLEMS
TEA requests the minister to announce Rates of the Scheme for Remission of Duties and Taxes on Exported Products Just as brands, retailers and manufacturers...
KPR Mills to Invest in Jharkhand
Create employment for more than 12,000 workers. The Jharkhand government will soon ink a memorandum of understanding with a Kerala-based KPR mills to provide employment...
TEXTILE MINISTER UPDATES ABOUT T&A CURRENT STATUS OF GROWTH
Union Minister of Textiles, Smt. Smriti Zubin Irani updated the Rajya Sabha on the current status of textile and apparel sector of India in a...
SGCCI Opposes decision to merge GST
The Southern Gujarat Chamber of Commerce and Industry (SGCCI) has opposed the central government’s decision to merge the goods and service tax (GST) from the...
New Textile Policy is At Draft Stage: Smriti Irani
The new textile policy, which would help in promoting exports and creating employment opportunities, has not been finalised and is at the draft stage at...
Birla Cellulose Wins the prestigious Golden Peacock Global Award for Sustainability 2020
Birla Cellulose, part of Grasim Industries Limited, a flagship company of the Aditya Birla Group, has been named as the winner of the prestigious Golden...