Corporates

Karl Mayer Expands Global Presence With New Subsidiary In Turkey

September 10, 2023

Karl Mayer, a global leader in textile machinery and solutions, announced the official opening of its subsidiary in Turkey, a strategic move aimed at strengthening its presence in this dynamic market. The establishment of a subsidiary in Turkey marks a significant milestone for Karl Mayer,

Corporates

Ganesha Ecosphere Ties Up With Coca Cola India and Moon Beverages for Sustainable Packaging Solutions

September 10, 2023

Ganesha Ecosphere Ltd, a frontrunner in eco-friendly solutions, has secured authorization from Coca Cola India Pvt. Ltd. to supply rPET resin, a sustainable packaging material. This endorsement extends to the production facility of Ganesha Eco Pet, a wholly-owned subsidiary of the company, enabling it to cater to preform converters in India. Furthermore, Ganesha Ecosphere

Corporates

Indian Card Clothing Proposes Consolidation Of Shares

September 10, 2023

Indian Card Clothing has proposed to reduce the number of shareholders through ‘reverse split’ of its shares. The company proposes to raise the nominal value or face value of its share from Rs 10 to Rs 2,000 each and has called this a consolidation exercise. The company has issued the notice on 14 August 2023 […]

Corporates

Albany International Completes Acquisition Of Heimbach Group

September 10, 2023

Albany International Corp. has announced that it has completed its acquisition of Heimbach Group (Heimbach). Headquartered in Düren, Germany, Heimbach is a global supplier of paper machine clothing for the production of all grades of paper and cardboard on all machine types as well as high-tech textile products used in a variety of sectors, such […]

Corporates

Anand Narang Joins Vedant Fashions As Chief Marketing & Digital Officer

September 9, 2023

Vedant Fashions, the parent company of the renowned clothing brand Manyavar, announced the appointment of Anand Narang as its Chief Marketing & Digital Officer. With over two decades of diverse experience spanning fashion, telecom, enterprise, luxury and premium brands, Narang brings a wealth of expertise to his new role. During his tenure of over seven […]

Corporates

Prashant Celebrates Sale of 1,000 Warping Machines In Surat

Textile Insights September 9, 2023

Ahmedabad based Prashant Group, which offers textile technologies in the segment of weaving preparatory and logistics, organised a ‘Customers Meet’ at Surat to celebrate sales of 1,000 High Speed Sectional Warping Machines in Surat. This customer meet was attended by over 700 entrepreneurs from the Surat textile industry, who have purchased Prashant weaving preparation

Corporates

Renowned Leader Balkrishan Sharma Resigns At Ginni Filament

September 8, 2023

Sharma Expresses Profound Gratitude to Chairman Shri Shishir Jaipuria as He Embarks on a New Professional Journey As Balkrishan Sharma prepares to embark on his next professional endeavor commencing on September 11, 2023, Balkrishan Sharma, a distinguished figure in the corporate world, takes a moment to reflect on his illustrious six-year journey at Ginni Filaments […]

Corporates

Anupam Rasayan India Appoints Gopal Agrawal As New CEO

September 7, 2023

In a significant development, Anupam Rasayan India Ltd, a prominent player in the chemical industry, has announced the appointment of Gopal Agrawal as their newly appointed CEO. This strategic move underscores the company’s commitment to fostering growth and expanding its global footprint. Agrawal brings with him a wealth of experience and a proven track record […]

Corporates

Nexgen Packaging Welcomes Kevin DeSpain As Senior VP Of Sales

September 7, 2023

Nexgen Packaging, a global leader in retail, apparel, and footwear packaging, is excited to announce the appointment of Kevin DeSpain as Senior Vice President of Sales for the Americas. In this new role, DeSpain will oversee sales and data integration teams in the Americas and lead sales and customer service teams in Asia. He joins […]

Corporates

Andrea Limbardi Joins Reitmans Ltd Board As President And CEO

September 7, 2023

Reitmans (Canada) Limited announced the appointment of Andrea Limbardi to the Company’s Board of Directors. Limbardi’s appointment to the Board follows her concurrent appointment as the Company’s President and Chief Executive Officer. Limbardi was previously President at Indigo, Canada’s leading book and lifestyle retailer where she was responsible