central textile company

Tamil Nadu's business landscape remains optimistic despite political shifts, with leaders banking on the state's strong institutions and manufacturing prowess. The new chief minister's assurance of continuity and a corruption-free administration has calmed investor nerves, fostering hope for sustained industrial growth and job creation.

The new Mini Countryman C is expected to get a 1.5-litre, 3-cylinder, turbocharged engine with 136hp and 230Nm. It comes paired with a 7-speed DCT gearbox and sends power to the front wheels. The same engine also does the job in the BMW X1. The MINI Countryman is built on the front-wheel-drive UKL2 platform, which it shares with the BMW X1, also assembled in India.

The Indian rupee is facing significant pressure, weakening against the US dollar due to soaring crude oil prices driven by Middle East geopolitical tensions and persistent foreign fund outflows. Despite India's robust economic growth, the currency's slide continues as the Reserve Bank of India intervenes to curb volatility rather than target a specific exchange rate.

Exporters and end consumers are not permitted to file claims directly, although some companies, such as FedEx, may opt to pass on the refunded amounts at their discretion.

Amidst global energy supply concerns due to Middle East conflict, India has boosted commercial LPG allocation to 70% for industries like steel, auto, and textiles. This move aims to support labour-intensive sectors and those with specialized heating needs. The government also assured fuel security, refuting shortage claims and increasing refinery output.

A devastating fire at the central textile company in Solapur's Akkalkot MIDC claimed four lives early Sunday morning. The blaze, which broke out between 3:00 AM and 3:45 AM, prompted a large-scale response involving ten fire engines. Rescue and containment operations are ongoing, with the cause of the fire still under investigation.

A devastating fire at a textile factory in Maharashtra's Solapur district claimed eight lives, including a toddler and the factory's owner. The blaze, suspected to be caused by an electrical short circuit, trapped families living on-site. Rescue efforts were hampered by a structure near the entrance, and firefighters faced intense flames and smoke while recovering bodies throughout the day.

In an important order, the Gujarat high court has directed the Centre to check its definition of ‘textile’ for the purpose of levying excise duty after the revenue authority treated agro shade net and geogrid as plastic material.

BANGALORE: Investment analysts in India are beginning to see big treasure lying in land.

The anti-corruption wing of Central Bureau of Investigations (CBI) conducted searches at several places on Monday in a follow-up to the charges of cheating, forgery and criminal conspiracy against top officials of customs and central excise departments.

Sel textile limited is being investigated by the Enforcement Directorate for a bank fraud of over Rs. 1530 crore.

The prospect of setting up two textile parks in Belgaum district has faded, thanks to the hurdles in land acquisition. The BJP government had approved both proposals and initiated the process of land acquisition at Waghavade village in Belgaum taluk and border village Borgaon in Chikkodi taluk.

In a major development in the alleged Rs 1,530 crore bank fraud case involving Ludhiana-headquartered SEL Textiles Limited, the Central Bureau of Investigation (CBI) has filed a charge-sheet in a Mohali court.

In a major development in the Rs 1,530 crore bank fraud case involving Ludhiana based Textile giant SEL Textiles Limited, the Central Bureau of Investigation (CBI) has filed a chargesheet in a Mohali court.