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Devaluation of Chinese Yuan set to adversely affect India's textile exports

India Infoline News Service | Mumbai | August 30, 2015 09:04 IST

So what exactly is currency devaluation? One can think of currency devaluation as a discount sale across the nation. There are thousands of businesses in China that export goods and services to customers in other countries like India.

Policy for E-Marketing of handloom products being framed by Government

India Infoline News Service | Mumbai | August 29, 2015 15:14 IST

The primary aim of the policy is to popularize the Indian Handloom brand and to help boost sales of Indian products.

Nusli Wadia sells shares! Bombay Dyeing slips

India Infoline News Service | Mumbai | August 28, 2015 16:28 IST

On Thursday, the company's chairman Nusli Wadia offloaded more than 1.93 million shares for over Rs. 12 crore through an open market transaction.The stock hit a high of Rs. 66.40 and low of Rs. 62.80 on BSE today

Alok Inds gains 4% after bagging export order

India Infoline News Service | Mumbai | August 25, 2015 15:14 IST

The company has received an additional advance amounting to USD 25 million under the said scheme taking the total export advance received till date to USD 750 million.

Alok Industries rallies 2.8% on getting US$50mn

India Infoline News Service | Mumbai | August 20, 2015 16:37 IST

The company received an additional advance amounting to $ 50 million under the Export Performance Bank Guarantee Scheme (EPBG).

Alok Industries jumps on getting US$50mn

India Infoline News Service | Mumbai | August 20, 2015 14:25 IST

The stock has now jumped over 3 percent on the BSE.

Maha Govt proposes Rs 80,000 crore investment by 2021 in textile sector

India Infoline News Service | Mumbai | August 18, 2015 15:46 IST

The aim of the policy is to convert Maharashtra from being a just cotton producing state to a producer of ready-to-use cloths and garments. The government has also scheduled meetings in coming weeks to draw out the roadmap to implement this policy.

Alok Industries Q1 net profit cracks 77.64%

India Infoline News Service | Mumbai | August 14, 2015 11:20 IST

The company's total income decreased by 8.33% at Rs. 34, 466.20 million for the quarter under review from Rs.37,599.60 million for the corresponding quarter of the previous year.

Q1 loss widens as Gokaldas Exports down by 13%

India Infoline News Service | Mumbai | August 13, 2015 16:27 IST

Sales declined 4.91% to Rs 245.71 crore in the quarter ended June 2015 as against Rs 258.40 crore during the previous quarter ended June 2014.

Siyaram Silk Mills tumbles 6% on muted Q1 earnings

India Infoline News Service | Mumbai | August 12, 2015 16:07 IST

The company reported flat growth in Q1 net profit at Rs. 11.57 crore for Q1FY16, as against Rs. 11.58 crore in a year ago period.

Siyaram Silk Mills slips on muted Q1 earnings

India Infoline News Service | Mumbai | August 12, 2015 11:09 IST

The company reported flat growth in Q1 net profit at Rs. 11.57 crore in Q1FY16, as against Rs. 11.58 crore in a year ago period.

Weak Q1 results! Bombay Dyeing tumbled 7%

India Infoline News Service | Mumbai | August 07, 2015 16:53 IST

The company reported a standalone net loss of Rs. 53.37 crore for the quarter ended June 2015. The company's loss in the year ago quarter stood at Rs. 53.63 crore.

Grasim Ind Q1 PAT at Rs. 485 crore

India Infoline News Service | Mumbai | August 07, 2015 13:11 IST

The company reported Q1 net profit to Rs. 485 crore as compared to Rs.487 crore on year-on-year basis.

What are India's key achievements in textiles since Modi took office?

Indiaspend.org | Mumbai | August 07, 2015 10:28 IST

A year after Narendra Modis government took office, the ministry of textiles made three claims, all of which are continuation of on-going programmes.

Bombay Dyeing drops 3% after declaring Q1 earnings

India Infoline News Service | Mumbai | August 07, 2015 09:38 IST

Bombay Dyeing reported a marginal decline in its standalone net loss at Rs. 53.37 crore in the quarter ended June 2015, as against net loss of Rs. 53.63 crore during the previous quarter ended June 2014.

Arvind Q1 revenue up by 6% at Rs. 1877 cr

India Infoline News Service | Mumbai | August 06, 2015 17:37 IST

Consolidated EBIDTA is up by 2% at Rs.227 crores as against Rs.223 crores in the corresponding quarter of the previous year. However, Profit after tax (before exceptional items) fell by 33% to Rs. 61 crores as compared to Rs. 91 crores in the corresponding quarter for the last year on account of higher tax provision.

SRF Q1 net profit jumps 22% at Rs. 113 cr

India Infoline News Service | Mumbai | August 06, 2015 17:06 IST

Net sales of SRF consolidated during the first quarter of 2015-16 increased by 5% to Rs. 1207 crore as against Rs. 1147 crore recorded during CPLY.

Vardhman Textiles jumps 2% after strong Q1 net profit

India Infoline News Service | Mumbai | August 06, 2015 16:25 IST

Sales declined 2.26% to Rs. 1,640.77 crore in the quarter ended June 2015 as against Rs. 1,678.74 crore during the previous quarter ended June 2014.

Nahar PolyFilms hits 20% upper limit

India Infoline News Service | Mumbai | August 06, 2015 16:17 IST

The company's Q1FY16 net profit grew by 18.5-times on a sequential basis to Rs. 4.13 crore as against Rs. 22.34 lakh.

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Stability in US and Europe to aid export growth

India Infoline Research Team / 10:47, Aug 24, 2015

In spite of massive improvement in CV demand, standalone revenues for Banco Products Ltd registered muted performance with sales at Rs. 113cr in Q1 FY16.