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
Business Line reported that the promoters of the ailing Hinduja Foundries will not let the company slip into sickness. Just last week, the company decided to report its status to the Board for Industrial and Financial Reconstruction on ...
Tags: Hinduja Foundries, India, ailing, company news
Hershey today (7 September) announced a deal to take full control of its Indian venture, which has been the subject of speculation for months. The US confectioner will buy a 49% stake in the loss-making venture held by Indian conglomerate ...
Tags: JV partners, JV subject, potentially sick