According to her, more than 8,000 exporters are facing this working capital crunch. Chennai: Apparel and made-up exporters are facing a huge working capital crunch for the past few months, as refunds of over Rs 5,000 crore under the MEIS scheme have been blocked. This could continue to pull down apparel exports in the coming months … Read More →
The Merchandise Exports from India Scheme (MEIS) was discontinued from August 1. Though it was reinstated later for other export sectors, it is still not available for apparels and made-ups. Chennai: Apparel and made-up exporters are facing a huge working capital crunch for the past few months, as refunds of over Rs 5,000 crore under the … Read More →
Gold prices have gained steadily over the past few months, thanks to fragile equity market sentiment and fears of global economic slowdown as US-China trade war intensifies. Thus far in calendar year 2019 (CY19), gold prices have surged 24 per cent. Silver, too, has gained 24.3 per cent during this period as investors flocked to … Read More →
Keeping up with trends in fashion, entertainment, food, and technology is an important part of living the so-called ‘millennial lifestyle.’ And, this applies to jewellery as well, despite it being a traditional concept in India. And there are a large number of businesses vying for a piece of the pie. The gems and jewellery industry … Read More →
The company expects the deal to be completed in 30-45 days In a bid to strengthen its presence in ethnic apparel and accessories, Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday said it will acquire ethnic wear brands Jaypore and TG Apparel & Decor. Aditya Birla Fashion and Retail will acquire Jaypore for an enterprise value … Read More →
Reported Standalone quarterly numbers for S P Apparels are:Net Sales at Rs 177.61 crore in September 2018 up 13.24% from Rs. 156.84 crore in September 2017. Quarterly Net Profit at Rs. 13.58 crore in September 2018 up 41.71% from Rs. 9.59 crore in September 2017. EBITDA stands at Rs. 31.70 crore in September 2018 up … Read More →
Every car owner (and his family) loves to spend that extra on accessorizing his new or current set of wheels. While accessories like after market alloy wheels, new upholstery and audio upgrades cost a lot, here is our list of ten important, and must-have accessories that won’t create a hole in your pocket. Mobile Phone … Read More →