Private equity investor TA Associates Management Lp is in talks to acquire a minority stake in TCNS Clothing Co. Pvt. Ltd, which owns the ‘W’ brand of clothing for women, according to two people close to the development...
Provogue India to buy back shares worth Rs 50 cr
Garments maker Provogue India today said it will buy back shares worth Rs 50 crore from its shareholders through open market route. "The directors have approved to repurchase 50 lakh...
Jindal Poly’s share buyback offer opens on Aug 11
Jindal Poly Films, a firm active in the business of yarns and polymer films, today said its share buyback offer worth Rs 73 crore would open from August 11. The company would be buying back...
Kamadgiri Synthetics – Updates on Scheme of Amalgamation
Kamadgiri Synthetics Ltd has BSE about the Court Order dated June 29, 2009 passed by the Bombay High Court on June 12, 2009 approving the Scheme of Amalgamation of Stripes Apparels Ltd with Kamadgiri Synthetics Ltd. The...
S Kumars to acquire US based Hartmarx for $119 million
Textile major S Kumars is all set to acquire Hartmarx, one of the last remaining American clothing manufacturers and better known for dressing President Barrack Obama, for $119 million. Hartmarx, the men’s largest...
Co to restructure garment biz
Aditya Birla Nuvo is restructuring its retail garment business as it looks at saving at least Rs 100 crore through a slew of cost-cutting measures, reports Pradeep Pandey in Mumbai. “We are taking several...
Private equity funds, textile companies vie for debt-ridden Alok Industries.
Bulge-bracket private equity funds TPG Capital Management and KKR & Co LP are competing with domestic textile companies Vardhman Group, Trident and a brand new special situations joint venture between Ajay Piramal...
Vodafone India in talks to buy Tikona Digital Networks’ 4G spectrum
NEW DELHI: Vodafone India is said to be in early talks with Tikona Digital Networks for buying its 4G spectrum as the country’s no. 2 mobile phone operator tries to expand its high-speed broadband footprint ahead...
