Made in India towels at Buckingham Palace

Those Christy towels at Buckingham Palace will soon wear small tags proudly announcing these were "made in India." So will the official Christy towels at Wimbledon. Welspun India, which had......

Welspun India turns around 150-year-old Christy

Welspun India has turned around UK's largest terry towel brand called Christy, which it had acquired it in July 2006. The UK retailer earned an EBITDA of 2.7 million in the year ended June 2007 on......

Why Apollo Global is lending to stressed cos in India

The year 2013 was a dream run for US-based Apollo Global Management. The fund made a killing when it sold its stake in chemical firm LyondellBasell – earning close to a billion dollars for......

Should you buy textiles stocks?

Textile stocks have been perhaps one of the worst performing sectors in the stock markets over the last one year as there were disappointments with respect to expectations from this sector post......