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Textile firms seek exports boost in budget

Arvind Q4 profit up 6%
Textile maker Arvind Ltd on Wednesday said its fourth-quarter net profit rose 5.8 per cent to Rs 66.7 crore, from Rs 63 crore in the corresponding period of 2010-11. Net sales advanced to Rs 1,272.5 crore from Rs 1,191.78 crore, the company said in a filing to the Bombay Stock Exchange (BSE). For the year ended March 31, 2012, the company posted a net profit of Rs 435.87 crore, against Rs 164.87 crore

Arvind to partner with Chinese mill for denim

In a bid to cash in on the declining denim capacities in China, textile conglomerate Arvind Ltd. is set to partner with a local denim mill there to tap the Chinese market. The textile conglomerate

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Sensex falls to near 4-month lows, RIL hit

The Sensex and the Nifty fell for a second session in a row to notch their lowest close since January 18, as Reliance Industries (RIL) dropped after cutting estimates for domestic gas reserves, while

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Truckers stage 'rail roko' in Keonjhar

Three truck owners’ associations in mineral rich Keonjhar district on Monday jointly blocked movement of minerals through rail at several stations to press for their demand to resume iron ore

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Ganguly, SRK exchange pleasantries after 'Battle Royale'

KOLKATA: Kolkata Knight Riders' principal owner Shah Rukh Khan was on Saturday seen shedding his past feelings, as he came over to Sourav Ganguly and hugged his former captain in a nice

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Sensex slumps below 17k more pain seen

Shares tumbled on Friday after a junior minister said the country was reviewing its tax treaty with Mauritius, sparking fears of outflows from foreign investors. A falling rupee and weak global

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