January 10, 2022
The strike will continue till June
Cloth merchants observed state-wide bandh today in Rajasthan to protest
against imposition of 5 per cent sales tax on textiles under the upcoming GST
regime.Bringing common household items including clothes and food items under
high tax rate has disappointed people, which will affect the market sentiments,
he said.Marble traders of the state have also called state-wide indefinite
shutdown from July 1 to protest against 28 per cent GST on the item. "We oppose
the governments move.Meanwhile, state Congress Chief Sachin Pilot
functional fabrics Suppliers
blamed the Centre for implementing GST from July 1 with incomplete preparations,
saying it will create trouble for common man and businessmen. He accused the BJP
government of imposing demonetisation decision on common man and said that high
GST tax slab on common use items will break the back bone of poor and middle
class families. Pilot said that the Congress always favoured GST implementation
but it should be ensured that infrastructural requirements are met so that
people do not face problems.
The strike will continue till June 30 and future
course of action will be decided after GST Council meeting, which is scheduled
on June 30," Federation of Rajasthan Trade and Industry President Suresh Agarwal
told PTI. "The bandh was successful in Rajasthan against the Centres decision to
levy 5 per cent GST on textile. Due to the bandh, the business was affected," Om
Prakash Taneja, president of the Cloth and Saree Traders Association said.. If
the government fails to change GST slab, traders will go on indefinite strike,"
the president of Udaipur Marble Association, Tejinder Singh, said. Textiles
should be exempted from GST," he said. "Proposed GST tax slab on marble will
adversely affect business
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December 22, 2021
The company already has Baosteel
Following it were Bharat Electronics, NM-DC, Whirlpool India and Pfizer with
cash to assets ratios of 40.1 per cent) and Hotel Leela Venture (84.GSK
Consumer’s standalone operating profit and net profit grew by 17 per cent each
in FY16, while OFSS saw its consolidated operating profit go up marginally by
one per cent and net profit declined to a limited extent by one per cent in
FY16.Among them, PSL and REI Agro had suffered operating losses in FY16 to the
tune of Rs 1,182 crore and Rs 925 crore respectively, making them highly
stressed cases. While cash reserves are a sign of sound fundamentals, the
trouble arises when it ends up dominating the assets side of corporate balance
sheets.7 per cent), Oracle Financial Services Software (48.1 per cent. Its
consolidated net cash was Rs 2,613 crore against its total assets of Rs 4,158
crore at the end of FY16.4 per cent), Suzlon Energy (105.The problem was less
severe in Suzlon Energy although it had a higher debt to assets ratio of
105.Oswal Green Tech, whose industry classification in Capitaline database -was
"construction factories /offices/commercial," had the fourth highest cash to
assets ratio of 61. It is quite interesting for metal companies to have very
high cash-assets ratio, given that the sector has undergone one of the toughest
phases in the last couple of years.7 per cent), Electrotherm (India) (134.9 per
cent). So, when we scanned the debt levels of listed companies (see
methodology), excluding banks and finance companies as of the end of FY16, we
found no dearth of them.Investors sense things going out of control when
dividends are low or missing altogether, and when inadequate attempts are made
by the company management to tap into business expansion or potential
acquisition opportunities.Ambit Capital’s CEO-institutional equities Saurabh
Mukherjea, believes a high cash level only indicates good financial health, but
it is not necessarily a driver of good health.Good moneyIn India, there are some
companies, which occupy a place under the sun for the simple reason that they
constitute a rarity in a world dominated by high debt stress. "Having large cash
in its balance sheet is fine, but if a company is allocating capital poorly,
then for the investors the return on capital employed is also going to be
poor.OMDC’s financial statements give its key operating segments as iron ore,
manganese ore and sponge iron, but all its operating revenues are categorised as
unallocated.4 per cent), MOIL (76.Lakshmi Machine Works (LMW) had the tenth
highest cash to assets ratio of 44.9 per cent to 365.1 per cent),
Glaxosmithkline Pharma (44. The story is, by any chance, not new. We, however,
believe credit growth is unlikely to revive materially in the near term as
demand is still significantly a laggard in the system.Financial year 2016-17
will be taxing for debt
China
Blue custom Polyester stretch Fabric Company stressed firms to lower their
obligations.5 per cent), Engineers India (62. When we scanned our analysed
universe of listed companies for cash rich companies, we came up with a short
list.Suzlon Energy, through its spokesperson, did get back to us with an
extensive reply saying that the increase in debt to asset ratio was primarily
due to sale of assets affected by Suzlon to attain deleveraging.In retrospect,
it becomes apparent that FY15 was the only time in the last five years where
sentiments of Indian companies had risen somewhat on the back of expected boost
in the domestic economy.
The company already has Baosteel, China as a strategic
investor in the ferrous chrome business and SunCoke Energy, USA as strategic
investor in the coke business. "Needless to say, the sale of Senvion is a
landmark transaction for Suzlon that enabled it to attain significant
deleveraging and re-entry into profit as reflected in our FY16 results," it
said. REI Agro was into food processing, while Electrotherm and Suzlon belong to
the engineering and power sectors respectively.In our analysis, the 10 companies
whose total debt, as a proportion of their total assets was the highest, include
– Hanung Toys & Textiles (365. It lacks its own assets like machinery,
cranes and tools.5 per cent at the end of FY16.The current financial year, and
the next few ones, will indeed be very challenging for the debt-stressed
companies to bring down their debt levels and debt-to-assets ratios.Financial
year 2016-17 will be taxing for debt stressed firms to lower their obligations.
Companies seeing steady cash flows from sales and recording profitability
consistently, end up piling up cash reserves year after year.0 per cent, 38.9),
Oswal Green Tech (61.3 per cent (fifth-highest) and 48. The company has a
consistent dividend payout policy," he says.But in that year, Capitaline data of
its consolidated financials showed that it recorded an operating loss of Rs 370
crore against an operating profit of Rs 107 crore in the previous year.Hotel
Leela had the tenth largest debt to assetsratio of 84. Capitaline data showed
its standalone net sales in FY16 to have declined by 24 per cent to Rs 629
crore, while its operating profit and net profit slid by 54 per cent each to Rs
323 crore and Rs 194 crore, respectively.FMCG company GSK Consumer Healthcare
and IT firm, Oracle Financial Services Software or OFSS, too did not share their
perspectives on their respective cash-assets ratios of 60. Moser Baer is into IT
hardware and Hotel Leela, as the name itself suggests, comes from the
hospitality industry.8 per cent, indicating a stretch at both the ends.
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November 23, 2021
A structured division of the sales areas as well as close
A structured division of the sales areas as well as close co-operation with
well-known national and international trading companies ensure that each
customer receives optimal advice. Besides the latest product information also
the new brand image was presented which meets the requirements of the grown,
international acting Thus also the design of the self-promotion confirms TEKA´s
demand to set itself apart from the competitors by innovation, efficiency,
reliabilty and quality.For companies in the metal-working and electronics
industry, in the automotive engineering or in the medical and dental technology
clean air is important for smooth production processes and the health of the
employees.
The TEKA range of products consists of standardised modules, complete
system solutions and specially designed models in the group of mobile
Polyester
cotton stretch and stationary suction and filter units, oil mist separators,
high-vacuum systems, cutting-, welding- and gas cutting benches. So TEKA
succeeded within a few years to sell its products not only in European countries
but also in the USA, in Australia, East Asia and Africa.Clean air is the core
competence of the company – with innovative suction and filtering units TEKA
provides a good climate and an efficient production at the workplace. The TEKA
repositioning is supported by an international web presence with onlineshop,
multilingual documentations and systematic inhouse-trainings for the trading
partners in the new training centre. The international focus of the new company
image shall emphasize the global skills of the successful enterprise in the
suction and filter technology.TEKA Absaug- und Entsorgungstechnologie
GmbHIndustriestr. The staff has grown to more than 100 employees working
together on the realisation of practical solutions for customers in Germany and
abroad.deContact:Mrs. The growing needs for technical solutions provide at the
same time chances to strenghten successfully the position in the more and more
intense global competition. The staff has grown to more than 100 employees
working together on the realisation of practical solutions for customers in
Germany and abroad. With competent advice, individual solutions and perfectly
fitting systems the TEKA staff works together on one target: optimal air and
climate conditions for the customers. The TEKA repositioning is supported by an
international web presence with onlineshop, multilingual documentations and
systematic inhouse-trainings for the trading partners in the new training centre
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October 14, 2021
The multiple hats she wears everyday rest lightly
The multiple hats she wears everyday rest lightly upon her — that of a
successful businesswoman; an influential social worker; a fashionista who makes
a mark at any event she attends; and of course, that of a loving daughter, wife
and mother!Meet
two way stretch fabric
Manufacturers Swathy Rohit from Coimbatore; someone who epitomises the young
entrepreneurial spirit of the city perfectly. Currently I’m involved with a
couple of exciting startups in the healthcare and tourism space, and I’m working
towards establishing SNR Sons trust as one of the leading trusts in India. I am
currently the chair of Young Indians-CII Coimbatore chapter, the largest such
chapter in the country, and have been the past chair of FICCI Ladies
Organisation (FLO), Coimbatore Chapter."Outside all her work, she’s also
renowned for her impeccable sense of style during public appearances — and
Swathy says she’s s big proponent of relaxed glamour —"Never one for discomfort!
I have a pretty hectic lifestyle juggling multiple roles, and my outfit has to
go from day to night with few changes.
Coimbatore is home . I am also the
managing director of a cotton yarn manufacturing company Swathy Processors Ltd
and the director — new products in another textile company Coimbatore Polytex
(part of the well-known Premier Mills Group). I love discovering new designers
my current hot favourites are Monse and Claudia Li. I truly love every aspect of
the city; I had first-hand experience living abroad in college for six years and
it was never a tough choice for me, to settle down in what is a wonderful,
socially-conscious city. I played a lot of tennis which instilled discipline,
and growing up amongst my family of achievers gave me ambition and a healthy
self-esteem," begins Swathy. I’m also working on a new men’s wear resort line as
I find it challenging pushing men to get more adventurous!". Among the Indian
designers I am partial to Shivan and Narresh. "I am the chief business officer
of SNR Sons Trusts — a charitable trust that runs a hospital, engineering
universities, arts and science colleges, and schools.Her current roster of
responsibilities makes for impressive reading, to say the least. Multi-tasking
is second nature to me and I wouldn’t have it any other way!" she grins.Swathy,
who is associated with several causes such as waste management, women’s
empowerment, organ donation awareness, child sexual awareness and
entrepreneurship development through several NGOs says she owes her confidence
as a woman to the ones in her family — "And the fact that I had a well-rounded
education, good quality of life, enough time to indulge in hobbies and sport.
Being in the textile industry, I am big fan of good quality fabrics and simple
cuts. I had great role models like my paternal grandfather R Doraiswamy who was
a technocrat, my grand uncle R Chinnaswamy who contributed a great deal to
society, and my dynamic parents too. "My family members have been industrialists
for three generations. Cooking is how I relax."A wanderlust aficionado as well,
Swathy also has her personal de-stress indulges, "I play soccer with my son,
badminton and love product design
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September 17, 2021
This has advantages over virgin cotton that requires
This has advantages over virgin cotton that requires large amounts of water to
grow, and the use of pesticides as well.Spinnova says that the process consumes
less water than cotton because it uses trees that don’t need irrigation as they
grow. It doesn’t even use harmful chemicals to break down the tough
China
Customized tear resistance Polyester stretch Suppliers fibres.Spinnova,
based in Jyväskylä, Finland, built a technology that creates fibre from
cellulose, without the environmental challenges of older materials, Fast Company
reported.The company set up its pilot factory in later 2018 where patented
machines grind up wood pulp and agricultural waste into tiny fibres that can be
spun into wool and then made into fabric for clothing.In a step towards
environment conservation, a Finnish company has come up with technology that can
create fabric from old clothing, agricultural waste, and even trees.The company
is beginning first with wood pulp but it has experimented with multiple other
sources of fibre such as carrot peels and cotton clothing.. Theoretically,
clothing brands could take back their clothing to use as raw material for
sustainable clothing of the future
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August 13, 2021
The season now is autumn/winter so we are inviting
The season now is autumn/winter so we are inviting designers to work with plaids
as we are quite bored with plain winter wear," adds Ranjitha."She also suggests
that while winter collections have always been plain, that is not the case
now.Year after year we have seen new trends being introduced to the fashion
world.". Accessorising can
China
Pink 50D plain weave polyester stretch fabric Suppliers give the outfit a
whole different perspective. It is very stiff and is of very high quality. So we
can naturally assume that our celebrities will sport trends that are introduced
at these events. So when accessorising for such a fabric, people should style it
with a light weight silk scarf or a fur neck line. The plaid trend has been
sported by celebrities like Sonam Kapoor, Dia Mirza and Priyanka Chopra. Plaid
is a stiff material so anything that you wear should be structured in form.
Plaids are generally thicker compared to other fabrics because it includes a lot
of thick threads, yarns and fibres which tend to give extra texture on the
fabric."Ever since plaid has come back in vogue, we can now see a lot of
sweater, sweat shirts and basically winter wear in plaids. Plaid and checks are
coming back into fashion. "We can always do a contempory take on the plaid weave
when we want to incorporate it in Indian clothing.She concludes by saying,
"Jewellery wise I don’t think it is necessary to accessorise this trend, but if
people want to accessorise they should go for antique gold or silver jewellery.
"The plaid is a very unique fabric.Plaid fabrics are quite bold.Designer
Ranjitha Sundar says, "Fashion is a cycle. High boots and stockings will also go
well with plaid outfits, states designer Aparna Shadab."When putting together an
outfit, all components should go well together. Crop tops in a plaid weave with
a floral Banaras skirt, with parted hair and a ponytail, will give very fresh
take to the overall outfit," says designer Prachita Devi. Everywhere we can see
people sporting plaids and checks. This season plaid seems to rule the ramp.
Designers are playing around with lot of lines, checks and plaids. So, when
sporting a look that has plaid element, it is important to know how to style
it.The trend was all over the recently held Fashion Weeks, where celebrities and
movie stars occupy front row seats to root for their favourite designers. She
goes on to explain, "There are no rules to follow and it only depends on what
suits your body type. Overdoing it can ruin the overall appearance of the outfit
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July 13, 2021
It’s two instrumental defects that happened
It’s two instrumental defects that happened at the same time. "And that makes it
a magical thing."After many tests, the LIGO team’s discovery was confirmed. An
instant message had arrived from a close colleague in Germany."The LIGO work is
vastly different from that done by US astrophysicists who announced in 2014 they
had detected the first ripples from the Big Bang, then months later admitted
their indirect, telescope-based findings were premature and could not be
confirmed. Two black holes spiralling into each other became a single black
hole, and the joining of these two giants curved the fabric of space-time around
them, ever so briefly. One by one, they ruled out electromagnetic storms,
lighting strikes, earthquakes, or interference by people near sensitive parts of
the instruments.3-billion-year-old ripple in the fabric of space-time.
Further-more, the timing matched up.
It took weeks before we were really
gaining confidence that it was a true gravitational wave event, before I could
admit to myself that something had been seen," Shoemaker said.’"But it happened
within 7. "It was just at the beginning of this run, when we were all ready to
go, to press the button to start the observing run, that the gravitational wave
was observed," he said. Such waves are a measure of strain in space, an effect
of the motion of large masses that stretches the fabric of space-time, a way of
viewing space and time as a single, interweaved continuum. But Shoemaker, a
leading scientist in the search for gravitational waves since the early 1980s,
did not leap out
China four way
stretch fabric Manufacturers his chair or shout expletives. "It is seared in
my brain," said Shoemaker, a top scientist at the Massachusetts Institute of
Technology and head of the Advanced LIGO Project, an international effort to
uncover evidence of gravitational waves.A gravitational wave, predicted to exist
a century ago by Albert Einstein, had been glimpsed directly for the first time
by a pair of US-based detectors. The "chirp," as Shoemaker described the
long-awaited wave, had arrived while he was asleep. "I was sitting at home, with
a cup of coffee in my hand and opening up my email at around 7 am," he told AFP.
The message said: "I think we are in trouble now," he recalled. David Shoemaker
will never forget the date — September 14, 2015 — when he woke up to a message
alerting him that an underground detector had spotted a 1.". "So it was a very
exciting moment for us and it took us perfectly by surprise. "The travel time of
light between the two instruments is 10 milliseconds," said Shoemaker. In other
words, the kinds of gravitational waves that happen all the time, but had never
before been observed." Immediately, Shoemaker and colleagues began running
through a checklist of possible failures.— APThe wave that made history snuck up
on them.Shoemaker and colleagues are using different equipment to hunt for much
smaller, shorter waves, on the order of milliseconds or seconds. The detector in
Hanford, Washington picked up the signal 7. But since the data analysis works in
quasi-real-time, scientists watching the data stream early in the work day in
Europe saw it immediately.’" In fact, the team had only just turned on the pair
of underground detectors, one in Louisiana and one in Washington state, for a
series of final checks before formally starting the observation experiment,
which would run from mid September until January. He just took a deep breath.
"When the signal finally got to the Earth on September 14 we knew within three
minutes that our instruments had seen something really different," said
Shoemaker. Let’s see what the instruments did wrong. "My immediate reaction was,
‘That’s fascinating."And if the two signals had arrived 11 milliseconds apart,
we would have simply said, ‘Nope.1 milliseconds after the Livingston, Louisiana
instrument, some 1,800 miles away. "But, you know, eventually, joy sets in.1
milliseconds, which is a perfectly plausible delay between the two."This is the
first time there has ever been a direct detection of the gravitational
waveform," Shoemaker said.Hebrew University’s Roni Gross in Jerusalem on
Thursday holds the original historical documents related to Albert Einstein’s
prediction of the existence of gravitational waves
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June 25, 2021
It is another matter that India being a huge country
Thus, the Indian standard size, if implemented accurately, will not only help
designers across the world to customize better fits for Indians but also help
local designers to access Indians globally."Not just local designers, but even
the Indian retail industry feel that the recent announcement by the Union
textiles minister is a step in the right direction, believes Poornima Vardhan,
founder of luxury brand 335TH.Even as consumers struggle to fit into garments
made for foreign body types, the move to create clothes in sizes specific to
Indians has been welcomed by the apparel industry."."Pointing out that most
Indian women have narrow shoulders and bigger hips, making for a pear body type,
she explains, "Then there is the apple body type and the ruler category for
straight bodies. Launching the ‘Size India’ project during the Textile Conclave
at the Vibrant Gujarat Summit, the Union textiles minister announced that the
Indian garment industry would soon get a country-specific apparel size."Designer
Jenjum Gadi’s concern, on the other hand, is that while the size charts are
being created for Indian buyers, the North East sizes shouldn’t be left out of
the exercise. For online buyers and NRI audience, a well-developed system for
measurement in Indian wear would be a great move because it will reduce the
alterations and returns due to ill-fitted sizes.
It is another matter that India
being a huge country, with different body sizes, would require an extensive
size-chart to cater to different regions. However, Smriti Irani seems to have
found a solution to this dilemma. While North Indian and South Indian body types
are very different, one has to keep in mind that the people from North Eastern
states wouldn’t fit either of the two.From the UK, US, Europe to China, Korea,
and Japan, there are many countries that follow their own size system.
Currently, India follows the UK body measurements.In concurrence, veteran
designer, Ritu Kumar says, "The project may be a good idea for the India fashion
fraternity."Most designers feel this is a good move because this conversion of
sizes created a lot of confusion, but they also wished that the existing
standards of measurements in looms should be changed.He says, "It’s a good move
by the textile ministry to finally introduce Indian sizes for measurements, but
in India, different regions have different body types so it will be a big
task.She points out, "With India’s domestic apparel market size expected to grow
at 11-12 percent CAGR and reach about $160 billion by 2025, the Indian standard
size will help designers especially in the digital economy to create better
fitted off-the-shelf clothing, thereby reducing returns and also additional
tailoring/altering costs. They would need an entirely different scale, and I
feel the project shouldn’t ignore them. It will not only help Indian customers
make an informed choice but will also lead to more awareness about dressing up
in the right size.In a market full of international sizes, finding the right fit
is most challenging for the average Indian consumer.The announcement has been
welcomed by the Indian design fraternity. In addition to feeling that the
indigenization of sizes would bolster the growth the Indian fashion market, the
general sentiment was that it was high time we officially got our measurements
in place. Yes, Indian specifications and measurements are certainly different
and we need charts which may even have to give different specifications for
different parts of the country. Designer Charu Parashar reasons,
Polyester
cotton stretch Manufacturers "For designers who wish to expand their
business overseas as well as in domestic market via online channels, this would
make things easy to reach out to a consumer who cannot meet the designer
face-to-face."Peush Sikka, founder of fashion brand Nubella agrees and adds, "We
sell online and our customers have to choose from size in inches/centimetres and
also in US and UK size but now there will be more clarity and will help our
audience to choose. Ideally, smaller women do not need 6 yards of fabric because
they can easily fit into a lesser size. However, the Indian body type is vastly
different from the UK standard. For the plus-size audience, the size issues are
more frequent due to distinct bust-waist-hip ratio – so that will be taken care
of. In US sizes there are a number of variations – from zero to 16 which
includes extra small to extra large; similarly, for India, we will need an
elaborate chart system so that every region can be a part of it. Sometimes
altering the garment is as costly as creating a new one, so I hope they consider
all these factors while charting out a new size system. Indians are petite and
shorter than our UK counterparts."Given the recent e-commerce boom in the
apparel segment, an official Indian size system is the need of the hour.Senior
designer Rina Dhaka explains, "We usually take clients’ measurements according
to the US or UK size and covert them to the Indian scale before creating
garments. I also feel the standard sari size in looms should also be changed
because right now it’s made as a free size that is worn by all sizes of
women.Smriti Irani pointed out that in the apparel export segment, one of the
biggest challenges was that the prevailing UK, US, and European size charts
didn’t suit Indian sizes
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