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Textiles - Manmade Sector
 
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Aditya Birla Nuvo to sell carbon black biz to group firm       8th-Apr-2013
Aditya Birla Nuvo today said it will sell its carbon black business to another group firm SKI Carbon Black (India) for Rs 1,451 crore.
AB Nuvo to divest carbon black biz to SKI Carbon; stk down       8th-Apr-2013
Aditya Birla Nuvo is going to divest carbon black business to SKI Carbon Black for Rs 1451 crore, reports CNBC-TV18. At 09:36 hrs Aditya Birla Nuvo was quoting at Rs 958.25, down Rs 4.05, or 0.42 percent.
SRF commissions chemical plant at Dahej; stock up 3%       3rd-Apr-2013
SRF has commissioned Chemical Plant at Dahej, Gujarat at cost of Rs 173.62 crore. At 09:51 hrs SRF was quoting at Rs 185.80, up Rs 6.10, or 3.39%. It has touched an intraday high of Rs 186.25 and an intraday low of Rs 183.05.
Will eye all options to start a bank: Aditya Birla         25th-Feb-2013
Ajay Srinivasan, CEO - Fin Services, Aditya Birla Group told CNBC-TV18 that the company will look at all the options to promote, start a bank.
RBI issues guidelines for new banking licence       22nd-Feb-2013
The Reserve Bank of India (RBI) on Friday issued the final guidelines for licensing of new private sector banks wherein entities both from private and public sector shall be eligible to set up a bank through a wholly-owned non-operative financial holding
Pantaloon to demerge fashions business, list new entity       10th-Nov-2012
Pantaloon Retail and Future Ventures India will demerge their fashion businesses into a new listed unit that will simplify the businesses into three main segments, the two companies said late on Friday.
JBF Ind, Coca Cola to set up production unit in Brazil       28th-Sep-2012
JBF Industries and Coca Cola are in pact to set up bio-glycol production unit in Brazil, reports CNBC-TV18. At 09:16 hrs JBF Industries was quoting at Rs 147.95, up Rs 6.90, or 4.89%.
Aditya Birla Nuvo to consider fund-raising proposals       23rd-Mar-2012
Aditya Birla Nuvo said on Friday its board will consider fund-raising proposals when it meets on Monday.
Expect PAT to double in FY13: Sumeet Industries         17th-Nov-2011
In an interview with CNBC-TV18, Shankar Lal Somani, chairman of Sumeet Industries says, next year the company’s yarn making capacity will go up from 50,000 tonne per annum to 95,000 tonne per annum. As a result of capacity expansion, he says, the profits
JBF Industries eyes topline growth of 15% ahead         7th-Oct-2011
Rakesh Gothi, managing director, JBF Industries in an interview to CNBC-TV18 said, the company could operate at higher production levels due to debottlenecking done last year. It is also expanding its UAE plant in the film line. With all this, the top
Sumeet Inds may issue 50 lakh warrants at Rs 35/share         5th-Sep-2011
Promoters of Sumeet Industries have got themselves issued warrants at Rs 35 per share. The current stock price is about Rs 28. In an interview to CNBC-TV18, chairman Shankar Lal Somani spoke about the recent happenings in the company and the road ahead.
Warrant allotment to raise Rs 17-18cr: Sumeet Ind         29th-Aug-2011
In an exclusive interview to CNBC-TV18, chairman of the company, Shankar Lal Somani said that the company is going for another fund raising plan so as to ensure a comfortable fund position for their expansion project.
Aditya Birla Nuvo's textiles revenue to double in 5 yrs       19th-Aug-2011
Diversified Aditya Birla Nuvo expects its textile division to more than double its turnover to Rs 750-800 crore in the next four-five years, a senior official told reporters on Friday.
Sumeet Inds plans to invest Rs 700 cr for expansion in FY13         11th-Jul-2011
Shankar Lal Somani, Chairman of the Surat-based firm said this expansion will complete by March 2012. "Post achieving this target, we further plan to roll out Rs 700 crore in the next expansion programme near Dahej port in Gujarat."
Nirlon seeks shareholders' nod for pref issue of Rs 75cr       18th-Jun-2011
Textile company, Nirlon, has called for an extraordinary general meeting of shareholders on July 7 to approve preferential allotment of 1.35 crore shares of face value Rs 10 each to a person acting in concert with promoter group and three non-promoter

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