Remove excise duty on man made fibre

Manmade Fibres contribute to 67% of global Fibre basket with Cotton at 31%. The shift is even more prevalent with the intensifying issues of cotton shortage and price volatility. Thus, Viscose is......

Retail giants flock to India

The trickle is slowly turning into a deluge. While international retail chains such as Wal-Mart, JC Penny and Target are in the midst of big expansion plans in India to take advantage of the......

Kumar Mangalam Birla buys 25% stake in Star News

The chairman of the diversified Aditya Birla group, Kumar Mangalam Birla, has bought a 25 per cent stake in Rupert Murdoch's News Corp-owned Indian news channel, Star India said."He has acquired......

Why Indian viscose rayon industry is concerned

Background of Indian Viscose Rayon Industry1. Cellulosic Origin: Textile Fibres may be categorized as Synthetics (Source: Petroleum) and Cellulosic (Source: Natural). Cellulosic Fibres include......