Luc Tack und Stefaan Haspeslagh resign with immediate effect

Switzerland-based Rieter Holding Ltd and Shanghai (China) listed Saurer Intelligent Technology Co. Ltd have signed an agreement by which Rieter will acquire three businesses from Saurer Netherlands Machinery Company B.V. (Amsterdam/Netherlands), the parent company of Saurer Spinning Solutions GmbH & Co. KG, Uebach- Palenberg/Germany and Saurer Technologies GmbH & Co. KG (Krefeld/Germany).

A MoU has been signed between Bangladesh’s BGMEA President Faruque Hassan and GFF Fund Director Bob Assenberg to finance SMEs in sustainability.

Cosmo Speciality Chemicals, a wholly-owned subsidiary of Cosmo Films Ltd, has launched a clay-based sourcing agent, Eco Clay, for the textile industry which reduces load on E.T.P upto 30% along with reducing COD/ BOD levels in the wash effluent by eliminating/reducing the need for additional auxiliaries in treatment baths i.e. wetting, sequestering, demineralizing & stabilizing agents, surfactants, lubricants, softeners, and defoamers.

An announcement has been made by the Welspun Group regarding the elevation of Rajendra Mehta to the CHRO of the Group.

Along with Mayur brand, the company has also acquired the PV Suiting distribution network globally from RSWM Ltd to expand its market share of branded fabrics offering.

An announcement has been made by the Welspun Group regarding the elevation of Rajendra Mehta to the CHRO of the Group.

Nandani Creation Limited, popularly identified in the apparel market as “JaipurKurti.com” has made an announcement that it will migrate from NSE emerge to the main board of NSE.

Grasim Industries Ltd – the flagship company of the $ 46-billion Aditya Birla Group – has been awarded “The Economic Times Promising Plants 2021” in India for its Nagda SFD plant.