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current+fiscal
2017-07-28 14:00:00
Advent International acquires significant stake in Dixcy Textiles
Advent International, the leading US-based private equity investor, has acquired significant stake in Dixcy Textiles Pvt. Ltd, the South Indian firm which sells leading innerwear brand Dixcy
2017-07-26 17:00:00
Holding Co for Cotton Spinning and Weaving aims EGP 7bn revenues in FY
Holding Company for Spinning and Weaving is a private company operating with the consumer durables and apparel sector expects the company’s subsidiaries to achieve revenues of up to EGP 7bn by
2017-07-20 14:00:00
NDI India's largest denim maker lately caught Street’s fancy
Nandan Denim Limited (NDL), India's largest denim manufacturer and a little-known textile midcap, has lately caught the Street's fancy. Having completed its capacity expansion and backward
2017-07-04 11:00:00
Rieter acquires from Schweiter its SSM textile machinery division
Rieter acquired the SSM Textile Machinery division (SSM) from Schweiter Technologies AG, Horgen, Switzerland. With this acquisition, Rieter is investing in adjacent fields of the textile value chain.
2017-06-28 14:00:00
India's garment exports expected to touch USD20 bn in FY18
India's garment exports clocked 15 percent growth at USD17 billion in FY17 now following improved market conditions in US and other markets, the garment exports are expected to register a 15-18
2017-06-22 10:00:00
Noman Group investing Tk 1,300cr on massive expansion plan
Noman Group, Bangladeshi textile and garment manufacturing company to meet the growing demand from Western buyers is set for a massive expansion plan. For now, the group is investing Tk 1,300 crore
2017-06-08 10:00:00
Bangladesh RMG makers demand purging of source tax
Bangladesh Finance Minister AMA Muhith in the proposed budget for FY2018 has proposed to cut corporate tax to 15 percent from 20 percent for the RMG sector, but the minister did not mention the
2017-05-31 11:00:00
BGMEA urge withdrawal of tax at source on RMG products
Bangaldesh Finance Minister AMA Muhith had proposed 1.5 percent tax at source on all products, including RMG, for 2016-17 fiscal year, but later cut it to 0.7 percent following demand by
2017-05-23 10:00:00
Textile and garment exports target set to $45 bn for FY18
The country’s textile and clothing export target is set to $45 billion for the current fiscal, lower than the initial target of $48.5 billion set for the previous fiscal which was missed by
2017-05-23 10:00:00
Textile and garment exports target set to $45 bn for FY18
The country’s textile and clothing export target is set to $45 billion for the current fiscal, lower than the initial target of $48.5 billion set for the previous fiscal which was missed by
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