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Business Economy


Mafatlal forays into fashion apparels, focuses on North

Chandigarh, Jun 6 (UNI) Prominent name in manufacturing of high quality white fabric, uniforms and Denim Mafatlal Industries Limited (MIL) today announced to enter into fashion apparels business under the brand 'Trendz’.
Interacting with media here, MIL Managing Director and Chief Executive Officer Aniruddha Deshmukh said the launching of apparels will start from the Northern states of Punjab, Haryana, Himachal Pradesh and Jammu Kashmir as the region is perceived to be an important market for the company after the West where it already has a presence with more than 150 family owned shops.
"Our aim is to provide quality fashion apparels, include shirts, T-shirts, denims, to the customers at affordable prices and this has become possible only by using our own fabric in stitching of these. Initially, the apparels will be available at authorised retails counters and multi brands outlets in North and company owned shops in the West. We do have plans to expand to the other markets of the country," Mr Deshmukh said.
More than Rs 1,300 crore company, MIL has been exporting fabric and denim to some of the international brands like VF Marks & Spencer, Jack & Jones, ZARA, Tommy Hilfiger and leading domestic brands like Killer, Muffti, Spykar, Allen Solly and many other, he claimed.
UNI RKS DB SW BS 1852
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S African delegations calls on Telangana Minister

19 Sep 2019 | 11:33 PM

Hyderabad, Sep 19 (UNI) South African delegation led by High Commissioner Sibusiso Ndebele called on Telangana Minister for IT and Municipal Administration ,K T Rama Rao here, an official release said here on Thursday.

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Maangalya launches its 7th shopping mall in Telangana

19 Sep 2019 | 9:48 PM

Hyderabad, Sep 19 (UNI) Maangalya shopping mall - the largest textile retail mart in Telangana, has launched its seventh store spread over a lavish 25,000 sq ft shopping space at Kukatpally, in the city on Thursday.

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No stressed MSME will be declared NPA uptil March 31, 2020: FM

19 Sep 2019 | 9:13 PM

New Delhi, Sep 19 (UNI) Announcing a slew of measures to tackle the economic crisis post bank mergers, Union Finance Minister Nirmala Sitharaman said on Thursday that stressed MSMEs will not be declared as non-performing assets (NPAs) till March 31 next year.

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IKEA celebrates Better Sleep Festival ; unveils 6 dimensions

19 Sep 2019 | 7:24 PM

Hyderabad, Sep 19 (UNI) IKEA, the world’s leading multi-channel home furnishings retailer celebrated the Better Sleep Festival at a store here on Thursday to encourage people to value their sleeping life as much as their waking life by helping people to sleep better.

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Petrol, diesel prices witness steep rise

Petrol, diesel prices witness steep rise

19 Sep 2019 | 6:19 PM

New Delhi, Sep 19 (UNI) Petrol and diesel prices in the country rose sharply for the third consecutive day to a more than one-and-a-half months high due to the rise in crude oil prices in the international market.

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