The exports of synthetic or man-made fibres from India are likely to grow to US$ 6 billion in financial year 2013-14, compared to exports of US$ 5.373 billion made in 2012-13, according to The Synthetic & Rayon Textiles Export Promotion ...
Tags: Synthetic Fibre, Textile
According to local press reports, the Cement Company of Northern Nigeria (CCNN) intends to invest N45 billion in the construction of a 1 million tpa clinker line and a coal grinding mill. The company’s Chairman made the announcement ...
Tags: Cement, Construction
The retail arm of Reliance Industries Limited (RIL), Reliance Retail is growing at a high speed. This year, it has already crossed revenues of Rs 10,800 crore and achieved a break-even with an EBITA of Rs 78 crore. It is an achievement for ...
The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said. Addressing the 22nd Annual General Meeting of Garment Association-Nepal (GAN), Mr. Koirala ...
Tags: Nepal Govt, Garment Sector
Mafatlal Industries Limited (MIL), the flagship company of the Arvind Mafatlal Group has shown encouraging standalone unaudited results for the quarter ended 30th June 2013. Total income has been Rs. 222.43 Crore and net profit after tax ...
Tags: Mafatlal Industries, Textile
On 16 July 2013, Billabong International Limited announced that it had entered into agreements with entities advised by Altamont and entities sub-advised by GSO Capital Partners (the credit arm of the Blackstone Group, and together with ...
Tags: Altamont-LED
In the first half of 2013, the EMS Group, with its companies combined in EMS-CHEMIE HOLDING AG and with global activities in the business areas High Performance Polymers and Specialty Chemicals, achieved an increase in net sales of 5.5% and ...
Nigeria’s Bank of Industry (BOI) has disbursed about 60 percent of the N100 billion Textile Revival Fund, according to the bank’s managing director Evelyn Oputu. Ms. Oputu, who is currently attending the 20th Anniversary ...
Lite-On Technology held its 2013 annual general meeting on June 19, during which the shareholders approved Lite-On's results in 2012 and distribution of a NT$2.4 dividend per common share. Of that sum, the cash and stock dividend portions ...
Tags: Lite-On Technology, Dividend Policy, LED, Electrical, Electronics
The German DIY-store group Praktiker is withdrawing from a number of loss-making markets. Armin Burger, chairman of the board, reported in his speech at the annual general meeting on 29 May that the company had decided on 11 February to ...
Tags: Praktiker, Construction&Decoration
Photo courtesy of Heathrow Airport. The International Air Transport Association (IATA) 69th Annual General Meeting (AGM) overwhelmingly endorsed the resolution on “Implementation of the Aviation Carbon-Neutral Growth (CNG2020) ...
OPEL Technologies Inc of Toronto, Ontario, Canada – which develops III-V semiconductor devices and processes through US affiliate OPEL Defense Integrated Systems (ODIS Inc) of Storrs, CT, USA – says that it has made significant ...
Tags: OPEL, Electrical
The apparel sector of Spanish province of Madrid has shown high competitiveness with the presence of nearly 15 percent of the country’s total 10,000 apparel companies, said the Deputy Minister of Economy, Trade and Consumer Protection ...
Tags: Apparel, Madrid Very, Spanish
Bank of China announced last Friday that Tian Guoli was appointed as chairman of Bank of China from May, 31. According to the declaration in the stock exchange company posted by Bank of China, Tian was born in 1960 and joined Bank of ...
Tags: Bank of China, appointment
At its annual general meeting (AGM), Martin Goetzeler, CEO of deposition equipment maker Aixtron SE of Aachen, Germany since March, set out measures that the firm's executive board intends to implement together with Aixtron's team to return ...
Tags: Aixtron MOCVD, Electrical, Electronics