Oswal Woollen Mills Ltd enters capital market.
NEW DELHI: Oswal Woollen Mills Limited (OWM), the flagship company of the Nahar Group of Companies is expanding its existing capacities by raising funds through a public issue and has obtained SEBI's nod for the issue of up to 8,320,000 equity shares of Rs. 10 each through the book...

For a perfect business deal, just click.
Byline: Meenakshi Kumar NEW DELHI: Looking for a date, friends or a life partner in cyberspace is old hat. Many internet-savvy Indians are now finding a business partner or landing business deals online. Though at a nascent stage, online networking is redefining age-old notions of conducting business,...

Forbes Gokak set to spin off textile unit.
MUMBAI: Forbes Gokak, a unit of construction major Shapoorji Pallonji, on Wednesday approved a plan to demerge its textile and knitwear business into a separate company in a bid to improve profitability. The board of the diversified Forbes Gokak has okayed a plan to separate the Belgaum-based...

Mgmt tips from the sultan of socks.
Byline: Dipayan Baishya In 1997, CY Pal retired from his role as chairman and MD of Cadbury. Since 1983, when Pal had taken over as CEO of Cadbury, the chocolate-marketer's turnover rose from a mere Rs 30 crore to Rs 500 crore in 1997, and while he...

Together they swing.
NEW DELHI: From Handloom to knitwear and leather footwear to sports goods and auto components, The small scale industry in north India has been flourishing in qlusters NORTH India is home to a large number of prominent industrial clusters that have come to dominate the entire sector's...

Tirupur may lose its position in global mkt.
Byline: Gayathri G COIMBATORE: Exporters are concerned over the fall-out of frequent labour unrest and the indefinite closure announced by around 700 dyeing units in the wake of the effluent treatment and discharge problem faced by them. If a solution is not found quickly, Tirupur...

Leslie Fay Reports 4th Quarter & Full Year Results.
-- Q4 Net Income Rises to $0.63 Per Share versus Year Ago Net Loss of $0.01 -- Sale of Hue Trademark Improved 4th Quarter Earnings $1.10 Per Share -- Other One-time Charges Made in the 4th Quarter Amount to $0.34 Per Share NEW...

Hartmarx Reports First Quarter 2001 Results.
CHICAGO, March 22 /PRNewswire/ -- Hartmarx Corporation (NYSE: HMX) today reported operating results for its first quarter ended February 28, 2001. Revenues were $141.2 million compared to $163.2 million in 2000. The net loss was $.9 million, or $.03 per share, compared to earnings of $1.1 million,...

Itoh Co. establishes Knitwear joint venture in China. (Newsdesk).
Itoh Co., Ltd. has recently announced that it will establish a joint venture enterprise named Ningbo Youngor Knitwear Production, Dyeing and Finishing Co., Ltd. in China. The joint venture enterprise will integrate knitwear production, dyeing and sewing. The enterprise jointly funded by Itoh Co., Ltd. and Ningbo Youngor Group...

HTT produces Du Pont PTT staple.
Quanzhou Haitian Textile Co Ltd (HTT) recently was authorized by Du Pont to produce and sell PTT staple, yarn and fabrics, as the first one of China Mainland and the second in the world. It is an important breakthrough in China's new fiber development and production. Sorona,...