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...
Textile
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...
