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Corporate
Update
 Picanol
of America moves, changes name
In conjunction with Picanol of America’s move to a new
location here recently, its name was changed to GTP Greenville.
Raymond
looking for acquisitions in textiles, files: Singhania
Raymond India said it is open to acquisitions in both textiles
and engineering files businesses with reserves of over Rs 900 crore
and is scouting for opportunities within as well as outside the
country.
Bombay
Dyeing JV with Proline; to transfer garment business
Bombay Dyeing and Manufacturing Company will pick up 51 per
cent stake in a joint venture with Proline and transfer its ready
garment business to the JV.
Himatsingka
Seide to buyback shares
Himatsingka Seide has decided to enable the board of directors
to buyback up to 10 per cent of the paid up capital.
Grasim
Industries raises Rs 50 crore bond issue
Aditya Birla group company, Grasim Industries (GIL) has raised
Rs 50 crore for five years through an innovative instrument called
the inverse floater.
Results
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