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Government starts e-auctioning of NTC land in Mumbai

The government today kick-started e-auctioning of the land belonging to closed mills owned by the National Textile Corporation, much on the lines of the two e-auctions for the allocation of…

July 29, 2010 / No Comment / Read More

Vimal’s announces novel chemical agent to keep fabrics fresh, odourless

Reliance Industries Ltd’s (RIL) flagship textile brand Vimal yesterday claimed it had developed a ‘pioneering innovation’ in the textile industry that would help fight odour in  fabrics and keep them…

July 15, 2010 / No Comment / Read More

Taro case: US court rules in favour of Sun Pharma

Ruling in favour of Sun Pharma, a US District Court has dismissed all of Taro claims. However, the Israeli Supreme Court decision is still pending. According to Mark Mobius, executive…

July 15, 2010 / No Comment / Read More

Win-win situation for Ludhiana knitwear and women job skills

A project partly funded by the World Bank and by development agencies from Germany and Britain is helping the Ludhiana knitwear industry to overcome a grave labour shortage, while empowering…

June 28, 2010 / No Comment / Read More

Motorola to buy back debt, pump cash into spinoff: Report

Motorola Inc will buy back most of its debt and pump the bulk of its remaining cash into its proposed spinoff of its money-losing mobile devices unit, media report said.…

June 18, 2010 / No Comment / Read More

Apax Partners to sell Tommy Hilfiger to Phillips-Van Heusen for $3 billion

Phillips-Van Heusen Corporation, the world’s largest shirt company said today that it has enterd into a deal to acquire the apparel and retail fashion company Tommy Hilfiger Corporation for about…

June 15, 2010 / No Comment / Read More
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