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Century Textiles’ net profit rises 11%
Century Textiles and Industries (CTIL) reported a 11.06 per cent rise in consolidated net profit at Rs 180.62 crore for the quarter ended June 30, 2019.
Glen Raven to acquire Sunbury Textile Mills
Glen Raven, a provider of performance fabrics, has signed a Letter of Intent to acquire Sunbury Textile Mills, a market leader in design and manufacture of decorative jacquard fabrics.
Trident to invest Rs 1,000 cr in J&K
The Trident Group plans to invest Rs 1,000 crore in Jammu and Kashmir to help develop the union territory, according to its chairman Rajinder Gupta.
Huntsman wins third consecutive DMAI award
Huntsman Textile Effects, a global provider of high quality dyes, chemicals and digital inks, won the Dyestuffs Manufacturers Association of India (DMAI) award for ‘Excellent performance in Pollution Control by a Large Scale Unit’ for third time in a row.
Andhra gets $2.9 billion FDI
Andhra Pradesh is among the top foreign direct investment (FDI) destinations in India, with an inflow of $2.9 billion of foreign investment in 2018.
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