Page 25 - Arvind Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Textile and branded apparel player Arvind Ltd has posted a 30 per cent dip in consolidated net profit, to Rs 24.91 crore for the third quarter ended December 31, 2020, from Rs 35.77 crore in the said quarter last year. The company's consolidated revenue from operations dipped nearly 19 per cent year-on-year in the quarter to Rs 1,514 crore, from Rs 1,869 crore in the corresponding period last year. Sequentially, however, the company's consolidated revenue from operations rose 16 per cent in Q3 from Rs 1,305 crore in the second quarter ended September 30, 2020. In its presentation to the st...

Goals of the program include uniting brands, manufacturers, philanthropy and nonprofits to collaborate on identifying the top environmental issues and creating an action plan for mitigation, expanding awareness and funding initiatives , and sharing best practices for environmental improvement. AII’s focus areas are energy, water and chemistry. “This partnership is important to the industry as it allows us to continue bringing AII’s proven and future methodologies to Italy’s luxury apparel and footwear producers,” said AII president Lewis Perkins. “Now is a critical moment to inclu...

Siddharth Kasturbhai Lalbhai's Atul entering 70th year of operations ANI | Updated: Feb 02, 2021 15:23 IST Gujarat, [India], February 2 (ANI/NewsVoir): Established by Kasturbhai Lalbhai on September 05, 1947 and its first manufacturing plants inaugurated by the first Prime Minister of independent India, Jawaharlal Nehru on March 17, 1952, Atul Ltd. (Atul) is serving its customers across the world for the last seven decades. Siddharth Lalbhai, who nurtured the legacy of ethics in business and trusteeship in governance, spent his entire life in the developm...

State-run banks The government announced it was forming an asset management company to take over stressed assets of banks in an effort to clean up one of the world’s worst pile of bad loans. Banks, insurers rose on plans for setting up a bad-debt manager. State Bank of India Ltd., Bank of Baroda, Canara Bank, Union Bank of India, Bank of India and Punjab National Bank could be among the beneficiaries. Textiles Sitharaman’s announcement of the establishment of seven mega textile parks to be launched in three years could boost the sector, benefiting companies including Century Textiles Ltd...

Union Budget 2021: Who Gained & Who Lost? Published by GulteDesk February 01, 2021 The Union Budget 2021 announced today by Finance Minister Nirmala Sitharaman attracted huge criticism, especially from the Telugu states. The Finance minister sanctions for Tamil Nadu and other southern states but snubbing the Telugu states’ demands once again is fueling more angst. Apart from the center and finance ministries’ biased budget this year, there are fields that gained and there are losers with the budget announcement this year. While the pandemic took a hard toll on the economy the recession...