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Corporate
Update
 Sensex
moves up amidst volatile intermediate seasons
The upward movement continued during the week (ended Thursday,
December 20), though the Sensex gradually moved up.
Indo
Rama to invest Rs 500 cr for increasing polyester output
Polyester major Indo Rama has embarked upon a Rs 500 crore expansion
plan to increase its polyester production capacity by 500 tonnes
per day (tpd).
K
G Denim’s new collections unveiled in three Indian cities
With denim apparel back in vogue, it’s action time for
the manufactures to showcase the outcome of the R&D activities
to the fashion world. Coimbatore based K G Denim, has recently rolled
out six ultra new fabrics for the forthcoming season.
President’s
group scouts for partner to expand retailing biz
President’s group, the first retail company to offer imported
designer fabrics from Italy, Germany and Japan in the domestic market
plans to expand its Super Store concept to various parts of Bangalore
catering to the middle class and upmarket and is scouting for partner
with good and infrastructure and experience.
Gucci
reports third-quarter net income drop, revenue increase
Gucci Group NV has reported that its revenues rose to Euro 644.8
million (US$ 661.8 million) in this year’s third quarter, up
3.2 per cent from the same period last year.
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