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Grasim hikes stake in AV Cell to 45 pc

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New Delhi, Apr 14: Grasim Industries Ltd today said it has increased its stake in AV Cell Inc, a joint venture company in Canada, from 25 per cent to 45 per cent, at a total consideration of around Rs 24 crores.

The Aditya Birla Group's total stake in AV Cell has increased from 75 per cent to 95 per cent, the company said in a statement.

UNI
Topics: textile, grasim, business, jv, aditya birla
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Arvind Mills Q4 PAT down 74.84 per cent

Saturday, May 12, 2007,16:12 [IST]
New Delhi, May 12: Ahmedabad-based Arvind Mills, an integrated textile player, today registered 74.84 per cent drop in its net profit at Rs 5.4 crore for the quarter ended March 31, 2007 compared to Rs 21.47 crore for the same period last year. However, the company's total income increased by 34.95 per cent at Rs 491.19 crore in the quarter against Rs 363.96 crore for the same period last year. For the year ended.....
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HCDP on at three places: Official

Thursday, October 25, 2007,11:03 [IST]
Tiruchirapalli, Oct 25: Handloom Cluster Development Programmes are being implemented in Tiruchirapalli, Tiruvannamalai and Kurinjipadi in Cuddalore District of Tamil Nadu with financial assistance from the Union Government, Handlooms Assistant Director T Neelakannan said. He told newspersons on the sidelines of inauguration of a handloom exhibition here on Oct 24 the four-year programmes would each cost Rs two crore. The sales target for the current year's exhibition was fixed at Rs 20 lakh against Rs 18 lakh last year. UNI.....
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DMK wants committee for mill uplift

Thursday, October 18, 2007,15:11 [IST]
Puducherry, Oct 18: Puducherry DMK unit convenor R V Janakiraman today urged the administration to take immediate steps to constitute a high-level committee for the modernisation of government-owned Anglo-French Textile mills here, as announced in the assembly. Mr Janakiraman in a statement urged the administration to enhance mill workers' salary, which was not hiked for the past 11 years. The administration should announce a bonus for all the government undertakings and corporations, including the textile mills and road transport corporation, without.....
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