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RoDTEP to replace MEIS among sops for export
As part of her third stimulus package for the economy, Finance Minister Nirmala Sitharaman unveiled a set of stimulus measures to boost exports and the housing sector.
Forever 21 files for bankruptcy
Forever 21 Inc and its US subsidiaries have commenced voluntary chapter 11 cases in the United States Bankruptcy Court for the District of Delaware.
ELGi opens new headquarters in Europe
ELGi Equipments, one of the world’s leading air-compressor manufacturers, with two million installations across 100 countries, announced the opening of its new European headquarters in Belgium.
Govt to set up design centres for khadi products
The National Design and Product Development Centre for khadi products will be established by the Khadi and Village Industries Corporation (KVIC) under the Ministry of Micro, Small and Medium Enterprises.
Indonesia launches safeguard probe on 3 textile items
Indonesia recently notified the WTO Committee on Safeguards that it initiated on September 18 three safeguard investigations—the first on fabrics; the second on yarn; and the third on curtains, interior blinds, bed valances and other furnishing items.
Evonik develops new-gen polyimide fibres
Evonik has developed a new generation of polyimide fibres for the rising demands of the industry. The new product, brand named P84 HT, is distinguished by improved mechanical stability and flexibility at continuously high operating temperatures.
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