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CCI to boost cotton exports to Bangladesh, Vietnam
August 2020
The Cotton Corporation of India (CCI), which is holding surplus stocks of cotton just ahead of the next harvest season, is trying to boost exports of the fibre crop. A memorandum of understanding is being worked out to export 1.5-2 million bales (of 170 kilograms each) of cotton to Bangladesh while the state-run CCI will also set up its own warehouse in Vietnam to boost cotton exports.
Phoenix Mills to reopen its retail malls in Maharashtra
August 2020
The Phoenix Mills Limited (PML), India’s largest retail-led mixed-use asset developer and operator, announced the reopening of its three flagship retail malls in Maharashtra as per the Unlock 3.0 guidelines of the Government of Maharashtra.
Rieter 1st half of 2020 severely impacted by COVID-19
July 2020
The COVID-19 pandemic led to a market situation where demand for the goods and services of all three business groups decreased significantly.
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