PM Modi to depart for Johannesburg on Tuesday to attend 15th Brics summit | India News – Times of India
15th Brics summit: PM Modi to depart for Johannesburg on Tuesday Source link
Day: August 21, 2023
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Indian hosiery sector stitches up revenue growth of Rs 36,000 cr, 18-20% higher on-year – ET Retail
Representative Image The Indian hosiery industry will stitch up revenue of Rs 36,000 crore this fiscal, 18-20% higher on-year, riding on a revival in rural demand. Operating margin will expand 300-400 basis points (bps) on softer input prices and improved capacity utilisations. A CRISIL Ratings analysis of 28 hosiery makers, accounting for a third of…
Loss-making businesses in the eyes of strategics don’t get great value: CaratLane’s Mithun Sacheti – ET Retail
Mithun Sacheti, founder, Caratlane Mithun Sacheti founded online jewellery selling platform CaratLane in 2008 along with Srinivasa Gopalan. On Saturday, he scored one of the most successful exits by an Indian consumer internet entrepreneur when he sold his 27% stake to watchmaker Titan for Rs 4,621 crore. Sacheti, 44, first brought the Tata group company…
Readymade garment sector eyes double digit jump in biz – ET Retail
Representative Image Indore: With less than a fortnight left in Rakshabandhan that marks the start of the festival season, readymade garment industry of Indore eyes a double digit jump in business amid increase in orders for readymade garments from outstation markets of India. Indore is a hub for ready-made garment manufacturers with presence of more…