The Indian textile industry, employing over 100 million people directly and indirectly has been looking for various schemes and assistance in the Union Budget 2013-14 to regain its global competitiveness which faced the worst ever crisis in ...
Tags: textile industry, Union Budget, SIMA
More than 100 cotton/man-made fibre textile mills have closed since 2009-10 in India, as per the data available with Textiles Commissioner. This was stated by Minister of Textiles, Mr. Anand Sharma, in a written reply in the Rajya Sabha, ...
Tags: India, Textile Mills, 2010
Joe Oliver, Canada’s minister of natural resources, announced the next steps in plans to engage the private sector in the management of Atomic Energy of Canada Ltd.’s (AECL) nuclear laboratories. “To ensure the best ...
Tags: Joe Oliver, natural resource, Atomic Energy
Schnitzer Steel Industries, Inc. today announced its market outlook for Q2 of fiscal 2013 ended February 28, 2013. The Company expects to report a sequential improvement in its consolidated financial performance in the second quarter of ...
Tags: Schnitzer Steel, Steel, Steel Industries
The performance of the Indian Textile Sector has improved considerably during last two decades The production of Spun-yarn, Man-made fibre and filament yarn increased from 2443 Mn Kg. in 1991-92 to 7069 Mn Kg. in 2011-12, whereas total ...
Tags: Performance, India, Textile Sector
US-based thin-film solar firm First Solar has announced financial results for the quarter and year ended December 31, 2012. Net sales were a record US$1.1 billion in the fourth quarter, an increase of US$236 million from the third quarter ...
Tags: solar firm, First Solar, financial results
The German company SCHOTT has announced that it plans to rely on its strong core businesses Pharmaceutical Systems, Home Tech, Electronic Packaging and Advanced Materials to deliver growth in fiscal year 2012/2013 (October 1, 2012 – ...
Tags: SCHOTT, strong core businesses, Pharmaceutical Systems
Canadian food group Maple Leaf Foods said lower restructuring costs helped boost profits in its full-year. In the six months to the end of December, earnings were up 40.5% to C$122.7m (US$119.3m), the company reported today (26 February). ...
Tags: Canadian food group, food group, food
Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia. ABF, which owns the Kingsmill bread brand in the UK ...
Tags: ABF, flat revenue, grocery division
Even though PC giants Hewlett-Packard and Dell reported significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, started to rise again Friday after slumping for most of the week. Vendors ...
Tags: Hewlett-Packard, Dell, IT industry
Sustenance of conducive business environment for the textile industry is the need of hour with respect to cotton policies, said Mr. S Dinakaran, Chairman of The Southern India Mills’ Association (SIMA). SIMA Chief has said that after ...
Tags: SIMA, CCI, Cotton Prices
Alcatel-Lucent's board has appointed Michel Combes as the company's new CEO, following Ben Verwaayen's recent resignation. It only took the Alcatel-Lucent's board two weeks to appoint a new CEO after Verwaayen's plan to step down became ...
Tags: Alcatel-Lucent, Michel Combes, company news
Despite PC giants HP and Dell reporting significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, began to rise again Friday after slumping for most of the week. Vendors in diverse ...
Tags: PC, HP, Dell, tech stocks
Emcore Corp of Albuquerque, NM, USA, which manufacturers compound semiconductor-based systems for fiber-optic and solar power applications, has reported generally improved financial results for fiscal first-quarter 2013 (to end-December ...
Dutch organic food group Wessanen has widened its net loss in fiscal 2012 due to impairments and restructuring charges. In the 12 month period, net losses widened to EUR53.2m (US$70.1m) from EUR17.1m a year earlier, it said today (22 ...
Tags: Dutch food group, food groupfood