central textile company

The new Mini Countryman C is expected to get a 1.5-litre, 3-cylinder, turbocharged engine with 136hp and 230Nm. It comes paired with a 7-speed DCT gearbox and sends power to the front wheels. The same engine also does the job in the BMW X1. The MINI Countryman is built on the front-wheel-drive UKL2 platform, which it shares with the BMW X1, also assembled in India.

Exporters and end consumers are not permitted to file claims directly, although some companies, such as FedEx, may opt to pass on the refunded amounts at their discretion.

Amidst global energy supply concerns due to Middle East conflict, India has boosted commercial LPG allocation to 70% for industries like steel, auto, and textiles. This move aims to support labour-intensive sectors and those with specialized heating needs. The government also assured fuel security, refuting shortage claims and increasing refinery output.

On the oil, LPG, LNG and trade front, India is vulnerable to the impact of Strait of Hormuz closure. A big chunk of the oil that flows through the Strait of Hormuz every day is headed to China and India.

A devastating fire at the central textile company in Solapur's Akkalkot MIDC claimed four lives early Sunday morning. The blaze, which broke out between 3:00 AM and 3:45 AM, prompted a large-scale response involving ten fire engines. Rescue and containment operations are ongoing, with the cause of the fire still under investigation.

A devastating fire at a textile factory in Maharashtra's Solapur district claimed eight lives, including a toddler and the factory's owner. The blaze, suspected to be caused by an electrical short circuit, trapped families living on-site. Rescue efforts were hampered by a structure near the entrance, and firefighters faced intense flames and smoke while recovering bodies throughout the day.

In an important order, the Gujarat high court has directed the Centre to check its definition of ‘textile’ for the purpose of levying excise duty after the revenue authority treated agro shade net and geogrid as plastic material.

BANGALORE: Investment analysts in India are beginning to see big treasure lying in land.

The anti-corruption wing of Central Bureau of Investigations (CBI) conducted searches at several places on Monday in a follow-up to the charges of cheating, forgery and criminal conspiracy against top officials of customs and central excise departments.

Sel textile limited is being investigated by the Enforcement Directorate for a bank fraud of over Rs. 1530 crore.

The prospect of setting up two textile parks in Belgaum district has faded, thanks to the hurdles in land acquisition. The BJP government had approved both proposals and initiated the process of land acquisition at Waghavade village in Belgaum taluk and border village Borgaon in Chikkodi taluk.

In a major development in the alleged Rs 1,530 crore bank fraud case involving Ludhiana-headquartered SEL Textiles Limited, the Central Bureau of Investigation (CBI) has filed a charge-sheet in a Mohali court.

In a major development in the Rs 1,530 crore bank fraud case involving Ludhiana based Textile giant SEL Textiles Limited, the Central Bureau of Investigation (CBI) has filed a chargesheet in a Mohali court.

The Ludhiana-based textile company Sel Textiles Limited has been charged with fraud by the Central Bureau of Investigation (CBI), in connection with a Rs.15,300 crore bank fraud. The company's owners and directors, along with some unknown public servants and private persons, are accused of defrauding 10 banks of this amount. The bankers who uncovered the fraud through a forensic audit report in 2017 are said to be outraged that the company allegedly diverted huge amounts of money for "wrongful acts," among other things. The company is also said to have diverted short-term funds for long-term use, as well as to have delayed the realization of sales proceeds from select parties, which led to continuous increases in levels of debtors.

The state’s textile industry may soon get a boost with a mega integrated textile park coming up in South Gujarat.