Releasing the second quarter numbers, the Vardhman Textiles’ management had predicted that margins may come under pressure ahead as cotton prices will increase while demand remains weak. The statement of the company that ...
Tags: Cotton Prices, Textiles
Speaking at the Textile Conclave 2013, Chairman, AEPC said that India’s garment exports would be touching 60 US $ billion in the next 3 years, with the help of Government support. The one day Textiles Conclave 2013 is organized by ...
Tags: Garment Exports, Textile
While Chinese polyester players are emerging as "too big to fail", their closest rivals from India have hit the slowdown wall as they struggle with poor economies of scale in the event of weak demand from major markets like Europe. The ...
The depreciation in Pakistan's rupee value against US dollar has led to an increase in raw cotton prices which rose by Pk Rs 200/40kg in the lower grade category and Rs 100/40kg in the higher grade category, in the Sindh and Punjab regions ...
Tags: Cotton, Textile, Cotton Prices
The spot price for South African charge chrome (48-52% Cr) was assessed at 83-84 cents/pound CIF China Friday, down from 83-85 cents/lb CIF China assessed the previous week, amid slow demand. The spot price of Indian-origin high carbon ...
Tags: Metallurgy, Mineral, Energy
Releasing the apparel exports data for the month of October 2013, Dr A Sakthivel Chairman AEPC stated, "Apparel exports were to the tune of USD 1190 million in October 2013-14 with increase of 30.91 per cent against the corresponding month ...
Tags: Indian, Apparel Export, Zoom 30.9%
Japanese steel mills are going to initiate the negotiation of carbon steel hot rolled coil price for next January with their customers in Middle and South & Central America. It is expected those mills could up the HRC prices about ...
Tags: Steel Mills, HRC Prices
Chairman AEPC Dr. A Sakthivel has welcomed the exports growth of 13.47% for the month of October 2013. Speaking on the export growth Dr. A Sakthivel stated that, “ With the stabilization of rupee and structural changes in the ...
Tags: AEPC Chairman
The November edition of India Market Days was inaugurated, at Apparel House, Gurgaon in presence of EC members of AEPC, international buyers and participants. This is the November edition of the India Market days which will be a two day ...
Tags: India Market, Apparel
Clariant performance well on target after solid third quarter Sales from continuing operations in Q3 2013 grew 2% in local currencies and were 3% lower in Swiss francs, at CHF 1.443 billion, down from CHF 1.489 billion in the same period ...
Tags: economy, Construction
Grasim announces financial performance for the 2nd quarter ended 30th September, 2013 Consolidated Financial Performance: Grasim Industries Limited, an Aditya Birla Group Company, has reported Revenue of ` 6,849 crore and Net Profit of ...
Hit by the dramatic rise in finance costs and rupee depreciation, Jindal Stainless' (JSL) reported a net loss of Rs 412 crore for the second quarter ended September 30, 2013. Also, the Company holds a conservative outlook on the domestic ...
Reacting to the Second Quarter Review of Monetary Policy Statement 2013-14, Dr A Sakthivel, Chairman AEPC, stated that, “The synergistic efforts of all the stakeholders including Govt. has resulted in the average export growth of ...
Tags: Repo Rate, Chairman AEPC
Pakistan s main stock exchange closed higher, with the benchmark 100-share index of the Karachi Stock Exchange rising 0.72 percent or 155.17 points to 21,754.95. After peaceful Eid holidays, the beginning of the September result season ...
Tags: Construction, Decoration, cement
Profits at Sri Lanka's Piramal Glass Ceylon Plc (PGC) fell 93 percent to 18.7 million rupees in the September 2013 quarter from a year earlier as volumes dropped in a slowing economy but the firm said it boosted exports. The firm reported ...
Tags: Construction, Decoration, Glass