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Alok Industries

Alok Industries’ majority lenders approve RIL acquisition bid

Majority of lenders of textiles firm Alok Industries have approved Reliance Industries' resolution plan to acquire the debt ridden company. According to a PTI report: The Committee of Creditors (COC) of Alok Industries had earlier rejected RIL's resolution plan submitted...

Opportunities abound in fashion, but where exactly are they?

India, with its increasing income levels, rapid urbanisation and growing modern retail, offers tremendous opportunities in the fashion and retail sectors. A large number of national and international players entering these sectors is testimony to the potential fashion and...

Progress Mutate Adapt

The road to a sustainable future will be paved when we start leaving waste in our past. Sustainability and sustainable development are today at the forefront of research and policy discussions. Sustainability is the property of being able to...

2nd Technopak Annual Leadership Forum

Technopak Advisors, one of India’s leading management consulting firms hosted the 2nd Technopak Annual Leadership Forum for the Textiles and Apparel industry in Mumbai. This exclusive, `by-invitation-only` forum provided a platform for 150+ stalwarts from the textile, clothing and...

Fortune Plaza to open in Ichalkaranji City by March-end

Maharashtra-based Fortune Developers is set to open a mall, Fortune Plaza, in Ichalkaranji City, Kolhapur. The mall is set to be operational by the end of March 2010. However, the inaugural date of the mall is not yet fixed....

Alok Industries to raise Rs 4.5 bn via rights

Textile firm Alok Industries has said that it will raise Rs 4.5 billion through issues of rights. In a disclosure to Bombay Stock Exchange, Alok Industries informed that the board of directors has approved to increase the size of...

Sensex goes green; Retail joins bandwagon too

The new year continues to bring joy to Indian equity markets. The sensitive index Sensex of Bombay Stock Exchange opened at 9,974, up 71 points from the previous close of 9,719. The fifty-share Nifty too gained 18 points from...

Alok Industires plans to open 1000 outlets in 5 years

Sticking to its expansion plan, textile and retail major Alok Industries plans to open 1,000 Homes and Apparels (H&A) retail stores across the country in next five years, said a top company official. “At present, we have 50 retail outlets...

Grabal Alok’s Store Twenty One partners Woolworths

Store Twenty One, retail arm of Grabal Alok UK Ltd, a flagship company of Alok Industries, has joined hands with Woolworths as its new partner. The partnership, besides witnessing opening up of 16 Woolworths high street stores, will offer...

Alok Industries to delay Peacock Alley launch

Textile manufacturer Alok Industries has held back its plan to introduce Peacock Alley, a premium bed linen and bath brand, in India and will shift its focus from the luxury segment to the mass market garments. Confirming the development, Sunil...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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