Anuradha Himatsingka
In all, some 50 international buyers across more than 19 countries from the textile sector are coming to Kolkata to attend the meet. Big names such as TT Ltd, National Jute Board and Biswa Bangla is expected to be part of the event along with a gamut of MSMEs from the textile, apparel, fashion, home textiles, yarn and jute industry.
With REIT opening up giving these foreign funds an opportunity to exit, the existing private equity funds such as KKR, Blackstone, JM Financial and Xander are also looking to increase their exposure in West Bengal's retail and logistics space, avers realtor Pradeep Sureka, vice president, Indian Chamber of Commerce.
The two companies have been focusing on the travel and tourism sector for some time now and been looking for key partners to build an entire ecosystem.
Mid/small cap valuations offer an opportunity to generate returns over next two-three years, says Rupesh Patel of Tata Mutual Fund.
Bhilwara Suitings, a name that needs no introduction in the world of textiles and suitings but got lost following the entry of international brands, is shaking off its slump to regain its past glory. Owner's of the brand, the Kolkata based Churiwal's has chalked out a three-pronged strategy to achieve the goal over the next three years.
The company’s mission is not only to put together and offer the very best products that science has to offer, through its AI-driven platform but also to get the country to talk about sex.
Revenue from operations was marginally up at Rs 243.24 crore against Rs 242.78 crore.
Over the years the brand has grown from a single soap brand to soap variants, talcum powder, deodorants, liquid soap, hand wash, face wash and so on and has been constantly launching new brand variants and new products in tune with market demands and needs. Santoor remains as one of the most aggressive personal care brands in India.
The startup would operate through a cloud kitchen format and will be available exclusively on platforms like Swiggy and Zomato to start with. Founded in November 2019, the firm currently employs over 10 well trained chefs, nutritionist and employees.
Consolidated income for the quarter under review too dipped to Rs 1,424.18 crore from Rs 1,537.43 crore.
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