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alok+industries
2020-03-02 08:09:08
RIL will hold 37.7 percent equity share capital of Alok Industries
Reliance Industries on Saturday said it has acquired 37.7 per cent stake in textile manufacturer Alok Industries Ltd for ₹250 crore. Reliance had jointly with JM Financial Asset Reconstruction
2018-04-16 12:51:00
Lenders to Alok Industries have rejected a revised offer
In December 2017 quarter, Alok Industries reported a net loss of Rs4,745 crore. Its total liabilities as on 31 December exceeded total assets by Rs13,891 crore.Lenders reject RIL and JM
2018-04-13 10:59:00
Alok Industries to be bought by RIL-JM Financials ARC
JM Financial Asset Reconstruction Company has emerged as the sole bidder for Alok Industries.Alok Industries has received claims of Rs 29,500 crore from lenders with State Bank of India being the
2017-11-10 15:00:00
Reliance Industries eyeing to buy part of textile unit of Alok
Reliance Industries showing interest in part or all of the unit of Alok and discussions are on with the company promoters and the resolution professional, as per people familiar with the
2015-09-25 16:30:00
Nextt marketing arm of Alok Industries gets patent for weaving process
Dallas company Nextt, the marketing arm of Mumbai, India-based Alok Industries has received patent for a weaving process that combines polyester yarns with cotton to create a high-thread count fabric
2014-11-22 10:00:00
Alok Industries textile major focus to sell all its non-core assets
Alok Industries, textile major is in view of raising Rs 2,000 crore by selling its UK retail chain, Store 21, and well as land in Mumbai, Vapi and Silvassa over the next two years for which
2018-09-26 15:12:00
Indorama Ventures Public Co. Ltd and Loop Industries Inc. announces a joint venture to manufacture sustainable polyester resin
Daniel Solomita, founder and CEO of Loop Industries said that, “We are excited to launch this partnership with Indorama Ventures, who provide a global leadership platform in petrochemical
2017-09-04 11:00:00
Afghans to attract Indian investment in carpet industry
The India-Afghanistan Trade and Investment Show to take place this September in India. At this exhibition, Afghan investors who will attend a carpet exhibition in India will try to attract the
2017-07-28 11:00:00
GHCL plans to solidify its presence in domestic market
GHCL, Home furnishings major plans to solidify its presence in the domestic home furnishing market by capacity addition. GHCL plans to exploit this by first upgrading its spinning mill in Madurai,
2017-02-16 10:00:00
AP signs twelve MoUs with different firms for setting up textile units
The Andhra Pradesh Government is trying to push the entrepreneurs of textile sector in a big way to make best use of the benefits offered by the state and as well as the special textile package
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