One of the biggest vertically integrated textile mill groups in India, Alok Industries said it is planning to raise Rs 2,000 crore by selling land and in the process pare debt. Alok is also hoping to double exports in the next three ...
Tags: Pare Debt, Alok Industries, Textile
The Government of India, Ministry of Textiles, will soon launch a venture capital (VC) fund to provide equity to start-up entrepreneurs, Santosh Kumar Gangwar, Minister of State (Independent Charge) for Textiles, said at the annual ...
The Ministry of Textiles, Government of India, is inviting proposals from Industry Associations/Groups of Entrepreneurs /Special Purpose Vehicles (SPVs) for setting up of Integrated Textile Parks (ITPs) under the Scheme for Integrated ...
Tags: Apparel, Accessories, Textile
Techno Electric & Engineering Company Ltd has bagged a concession from PFC Consulting Ltd for building a transmission network at Patran, Punjab. The concession has been awarded on Build, Own, Operate and Maintain (BOOM) basis for a period ...
Tags: Electrical, Electronics
Molecular diagnostics company Epigenomics has entered into a €5m convertible bond financing agreement with YA Global Master SPV Ltd. Pursuant to the terms of the agreement, YA Global Master SPV will purchase convertible notes with a ...
Tags: Epigenomics, Molecular diagnostics
Late stage bio-pharmaceutical and phyto-medical company Kannalife Sciences and Biotech have signed a 50/50 definitive joint venture agreement by creating South Park Ventures (SPV). Biotech CEO Jason Cranford said, "Partnering with ...
Tags: Kannalife Sciences, Health&Medicine, Biotech
China Mengniu Dairy has agreed to acquire 75.3% stake in infant formula manufacturer Yashili, from chairman Zhang Lidian's family and Carlyle Group, for HK$12.5bn ($1.6bn). As part of this transaction, Yashili's controlling shareholders, ...
Tags: Agriculture, Food
At present solar photovoltaic modules are rapidly becoming famous everywhere. After other utility resources as air, water or steam & electricity, it has emerged as the most prospective power source for use in various commercial ...
Tags: solar photovoltaic modules, Energy, solar
Soitec of Bernin, France, which makes engineered substrates including silicon-on-insulator (SOI) wafers (as well as III-V epiwafers through its Picogiga International division), has finalised the ZAR 1,000,000,000(more than $100m) solar ...
Tags: Soitec CPV, Soitec
In spite of difficult market conditions in its core fiber business, the Lenzing Group succeeded in achieving the second-best business result in its history in the 2012 financial year. This can be attributed to new record fiber sales volumes ...
Tags: Textile, Textile Industry
PTI Adani Group hopes to start production from its USD 10 billion Carmichael project in Australia by 2015 and expects it to reach its peak level of 60 million tonnes a year by 2022. Mr Gautam Adani chairman of Adani Group said that "We ...
Tags: production jobs, mining, coal mine, coal mining news
A review of operating costs for Gunson's Coburn Zircon Project indicates potential cost savings of AUD 122 million across the 23 year mine life. Further improving the financial returns from the project, an additional USD 1.2 million could ...
Tags: zircon, mining costs, zircon producer, mine, pit optimization
The Ministry of New and Renewable Energy is implementing a Scheme on Development of Solar Cities which provides support for 60 cities to develop as Solar Cities in the country. The Ministry has given sanctions for 41 cities for developing ...
Tags: New and Renewable Energy, new energy, solar energy, solar city
In late October, trial operations of the fifth production line started successfully at Lenzing's Indonesian subsidiary PT. South Pacific Viscose. With an additional nominal capacity of 80,000 tons of viscose fibers p.a., the annual total ...