June 2, 2026
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Corporates

Samsara Eco Raises AUD $100 Mn To Scale Enzymatic Recycling

Samsara Eco announced the successful completion of its latest funding round, raising AUD $100 million (USD $65 million). The funding round was led by global investment company Temasek and Australian deep tech investment fund Main Sequence, with participation from new and existing backers, including Wollemi Capital, Lululemon, Hitachi Ventures, Titanium Ventures (formerly
Corporates

Fineotex Wins India’s Masters of Risk Award

Fineotex Chemical Ltd has been recognized as India’s Masters of Risk Business Continuity Management in the Midcap category by CNBC TV 18. The award was presented by S. Sandilya, Chairman of Eicher Motors, and  Latha Venkatesh, Executive Editor at CNBC TV 18. Aarti Jhunjhunwala, the Executive Director at Fineotex Chemical Limited, received the award on […]
Corporates

Lenzing Group Appoints Rohit Aggarwal As New CEO

The Supervisory Board of Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, has appointed Rohit Aggarwal as a new member of the Management Board. He will assume responsibility for the fiber division during the third quarter. Following Stephan Sielaff’s departure, Aggarwal will take over as CEO of Lenzing […]
Corporates

Ganesha Ecosphere Invests Rs 100 Crore In Subsidiary Ganesha Ecopet

Ganesha Ecosphere Limited (GESL) has announced a significant investment in its wholly-owned subsidiary, Ganesha Ecopet Pvt. Ltd. The company has invested Rs. 100 crore into Ganesha Ecopet by subscribing to 10 crore equity shares, each with a face value of Rs. 10, on a rights basis. This strategic move highlights Ganesha Ecosphere’s commitment to expanding […]
Corporates

Ananta Group Invests US$ 70M In Bangladesh Knit Fabric Facility

Ananta Group is poised to invest US$ 70 million in a new synthetic knit fabric manufacturing facility, supported by US$ 40 million from the Asian Development Bank (ADB) and syndicated arrangements. Despite challenges like dollar shortages for raw material imports and intermittent gas and electricity supply, the group aims to establish Ananta Knitwear Limited in […]
Corporates

Ranjan Group Boosts Fabric Quality With Picanol Weaving Machines

Ranjan Group, renowned for its premium suiting fabrics, has reinforced its commitment to quality and productivity with Picanol’s innovative weaving machines. Since its initial investment in 2016, Ranjan Group has steadily expanded its fleet of Picanol airjet weaving machines to 88 units spread across three strategic locations. Pushpendra Bewswal, Director of Ranjan
Corporates

S.P. Apparels Completes Acquisition Of Young Brand Apparel

S.P. Apparels Ltd, headquartered in Avinashi, Tamil Nadu and well-known for its high-quality textile and apparel products, has officially completed the acquisition of 100% equity shares of Young Brand Apparel Pvt. Ltd. (YBAPL). This acquisition marks a significant milestone in S.P. Apparels’ strategic expansion into the international market, particularly the U.S.A.,

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