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
The National Automotive Service Task Force (NASTF) and the Automotive Service Association Northwest (ASA Northwest) announced that the NASTF Spring 2014 General Meeting is set to precede the Automotive Training Expo (ATE) on March 20, 2014, ...
Tags: Auto Parts
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
ROAL Electronics SpA and Efore Plc, a company based in Finland and listed in NASDAQ OMX HELSINKI, announced that the companies have entered into a definitive agreement for Efore to acquire ROAL Electronics. The transaction has been closed ...
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 ...
The Dubai Council for Marine & Maritime Industries holds membership meeting Thursday, Jun 27, 2013 The Dubai Council for Marine & Maritime Industries (DCMMI), the industry body representing the concerns of the marine and maritime ...
Tags: Dubai, Marine&Maritime Industries
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) ...
The board of directors of San'an Optoelectronics announced on the evening of June 18 that its wholly owned subsidiary, Xiamen San'an Optoelectronics Technology Co., Ltd, intends to spend 280 million Yuan at most to purchase 20 units of ...
Tags: LED Chip, Optoelectronics
The newly appointed chairman of the Japan Gas Association said Thursday that the recent approval by the US Department of Energy for LNG shipments from the Freeport LNG project in Texas to countries that do not have free-trade agreements ...
Tags: DOE Export, Chemicals
On May 23, Baosteel Co.,Ltd. releases announcement that the company's repurchase plan has been implemented and completed on May 21. This repurchase reaches a total cost of $ 5 billion yuan (including commission). In the meantime, the ...
Tags: Baosteel, Stock Repurchase Plan