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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
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
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
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
2015-04-26 12:10:00
Nextt plans to participate in Make in India initiative
Nextt, US-based home textile company has decided to participate in the 'Make in India' initiative by launching its products in the country early next year. The company are in discussions with
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,
2016-02-29 11:00:00
Union textile ministry to boost textile sector considering interest subvention
The high cost of finance has been a major barrier for growth of the textiles sector, in a bid to counter torpidity in exports due to stiff competition, the Union textile ministry is contemplating
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