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RIL, JM Financial bid jointly to buy Alok
Reliance Industries Ltd (RIL) said that it has bid jointly with JM Financial Asset Reconstruction Company to acquire the -ridden textile manufacturer Alok Industries. In a clarification to stock exchanges, RIL said it is awaiting the outcome of the process.
Positive trend continues for Italian machinery
The positive trend in textile machinery orders continues through to the third quarter of 2017. ACIMIT president Alessandro Zucchi states, "Growth for the Italian market is progressing, albeit following a more contained rhythm.
Bangla to bring all textile sectors under one fold
The Government of Bangladesh recently has published final draft of Textile Act 2015, a thorough look of which reveals that the act is to bring all sub sectors of textiles under one umbrella which is The Directorate of Textiles (DoT) under the Ministry of Textiles.
Slash-resistant combat shirt!
The PPSS Group, based at Knaresborough in North Yorkshire, in the UK has launched the world’s first slash resistant combat shirt made out of 100 per cent Cut-Tex PRO, the high-performance knitted fabric for the protective wear sector.
New China Consumer Protection Law enters into force
According to the Chairman´s Order No. 7 of the People´s Republic of China, the newly revised Law of the People´s Republic of China on Protection of the Rights and Interests of the Consumers (Consumer Protection Law) (1) became effective on 15 March 2014.
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