Professional Documents
Culture Documents
THW/67/2018-2020 Pages 06
COVID – 19
WORLD INDIA USA
2,53,54,297 8,49,605 36,19,169 64,617 61,69,211 1,87,193
UPDATE Total Cases Total Deaths Total Cases Total Deaths Total Cases Total Deaths
BSE (28 Aug. 2020) - Reliance 2,115.60 3.90 (+0.18%) Welspun India 57.30 2.70 (+4.95%) Raymond 304.55 0.10 (+0.03%) For More Turn to Page 03
VIRTUAL PLATFORM.
and the Logistics & Warehousing Business
from the Future Group as going concerns
on a slump sale basis for lumpsum
aggregate consideration of INR 24,713
crore, subject to adjustments as set-out
in the composite scheme of arrangement
(Scheme). Source India 2020 Virtual 5.0,
The above acquisition is being done
as part of the Scheme in which Future India’s biggest MMF Textiles Trade Show
Group is merging certain companies
carrying on the aforesaid businesses into is now online. Participate in it from the
Future Enterprises Limited (FEL). As a part
of the same Scheme: comfort of your workplace.
(i) the Retail & Wholesale Undertaking
is being transferred to Reliance Retail and - Display your products.
Fashion Lifestyle Limited (RRFLL), a
wholly-owned subsidiary of RRVL; - Network with 250+ buyers from
(ii) the Logistics & Warehousing
Undertaking is being transferred to RRVL; over 50 countries.
and (iii) RRFLL also proposes to invest: (a)
INR 1,200 crore in the preferential issue of - Interact with the right buyers with our
equity shares of FEL to acquire 6.09 % of
post-merger equity; and (b) INR 400 crore AI-based matchmaking.
in a preferential issue of equity warrants
which, upon conversion and payment of - Schedule and conduct virtual meetings and
balance 75% of the issue price, will result
in RRFLL acquiring further 7.05% of FEL. one-to-one chats with buyers.
M s . I s h a A m b a n i , D i r e c t o r,
Reliance Retail Ventures Limited, said:
"With this transaction, we are pleased to
- Participation Fees: ₹15000/- + GST
provide a home to the renowned formats
and brands of Future Group as well as
- Register on sourceindia.srtepc.in
preserve its business ecosystem, which
have played an important role in the
evolution of modern retail in India. We
hope to continue the growth momentum of
the retail industry with our unique model of
active collaboration with small merchants
and kiranas as well as large consumer
brands. We are committed to continue
providing value to our consumers across
the country."
The acquisition of the retail,
wholesale and supply chain business of
the Future Group complements and makes
a strong strategic fit into Reliance’s retail
business. This will help Reliance retail to 07-08-09 September 2020
accelerate providing support to millions
of small merchants in increasing their
competitiveness and enhance their income Organised by Supported by Organised under the aegis of
during these challenging times. Future
Group’s portfolio composition in apparel,
general merchandise and own FMCG
brands will allow for a wider offering to its
customers. This acquisition is subject to
SEBI, CCI, NCLT, shareholders, creditors
and other requisite approvals.
www.gtanews.in
Exporoots
2018-19 fiscal year, the target for cotton decreases of 177,700 RB), Turkey (11,200
crops. Due to this, cotton cultivation is cultivation was 3,500 hectares while 3,105 RB), Pakistan (7,000 RB, including
increasing every year in the region. hectares of land were brought under cotton decreases of 200 RB), and Indonesia
The farmers said they have been farming. (4,800 RB, including 100 RB switched
We offer cute and trendy Kurtis, incurring losses by cultivating paddy for Around 16,696 bales of cotton fibre from Japan), were offset by reductions for
Sarees, and dress material for ladies, the last few years. were produced from the land. Earlier, the Japan (1,100 RB) and Ecuador (400 RB).
taking fashion and style to level beyond As a result, they have showed target for cotton cultivation was 2,465 For 2021/2022, the total net sales of
the ordinary. A line of Spectacular interest in cotton farming as it is profitable hectares of land in the 2016-17 financial 7,900 RB were for China.
Collection at astonishingly low prices. and production cost is low. Encouraged year, but farmers brought 3,200 hectares The exports of 277,500 RB were
by the higher prices in the markets, the of land under cotton cultivation. Around primarily to China (153,500 RB), Vietnam
For Enquiry Contact us: farmers are bringing more areas of land 18,265 bales of cotton fibre were produced (29,400 RB), Indonesia (16,100 RB),
(Mrs. Paromjeet Kaur) Proprietor under cotton cultivation, said officials of from 3,200 hectares. Bangladesh (14,800 RB), and Pakistan
Phone No.: +91-(0) 8369778542 Jashore Cotton Development office. The target for cotton cultivation was (13,100 RB).
Email : info@exporoots.com According to the Jashore Cotton 3,500 hectares in the 2019-20 fiscal year. The Net sales of Pima totaling
Mumbai, India Development Office, around 19,000 bales About 3,125 hectares were cultivated.
12,600 RB were primarily for Peru (4,400
of cotton fibre are being produced here Around 19230 bales of cotton fibre
RB), India (3,300 RB), Vietnam (2,600
ADORN BY SAKINA annually. To boost production, cotton were produced from the land. In the current
fiscal year 2020-21, 3,200 hectares of
RB), China (900 RB), and Bangladesh
(900 RB).
land have been brought under cotton
Bespoke handcrafted and curated Mr. Deepak Nagpal (Resume) cultivation. Farmers have already started
The Exports of 10,200 RB were
clothing. One of a kind clothes and primarily to China (2,400 RB), Vietnam
I have 17 years of Experience sowing seeds.
curated accessories. Handwork on fine (2,200 RB), India (1,900 RB), Pakistan
in Channel Trade & Modern Trade in
fabrics just for you. (1,700 RB), and Indonesia (900 RB).
FMCG worked with Patanjali Ayurved
For Enquiry Contact us: ltd as Zonal Manager Parle Agro Pvt Ltd, Subscribers of Global Textiles For 2020/2021, The exports for own
account totaling 17,100 RB primarily to
Ms. Sakina Chinwalla, Proprietor
Reliance Retail Ltd , Kohinoor Foods & Apparels are requested to update China (10,700 RB) and Malaysia (3,300
Ltd . last i have 2 years of experience of
Phone No.: +91-(0) 9820246057 Textile but i am looking for Job in FMCG their profile & contact information RB) were applied to new or outstanding
E-mail: sakina_b_d@yahoo.co.in & Textile industry . by sending us e-mail, so that can sales.
be put on the Regular Mailing List. The current exports for own account
Mumbai, India Contact : outstanding balance of 13,600 RB is for
Phone no.: +91-(0) 9998140975 E-mail: rahulvsood@gmail.com, rahul@ China (8,700 RB), Indonesia (3,900 RB),
Eveline International deepaknagpal2004@gmail.com gtanews.in and Bangladesh (1,000 RB).
VIVAN RUGS
We are carpet manufacturer from carpet city
bhadohi near Varanasi india. We are making all
types of carpet and rugs as your needs.
*Hand-knotted Rugs * Indonepali Rugs
* Handloom Rugs * Flatweave Dari * Jute Rugs
For Enquiry Contact us:
Mr. CHANDRA PRAKASHMAURYA
Proprietor
Phone No.: +91-(0) 8931978888
Email: vivanrugs@gmail.com
Carpet City Bhadohi, U.P. INDIA
Book
Your Ad
here
Place Your Specialize/
Requirements/Resume
with Smart Way……
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www.gtanews.in
WEAVING
second quarter to clock US $ 8.7 billion. The Technologically sound, Wellknown, is the
comparable store sales too saw an increase largest producers of quality polyester yarns
of 18.8 per cent. using unparalleled technology, Barmag-
Even with pandemic-related expenditure, Wings with EVO for POY and FDY- the first
THE WARP
operating profit shot up by a massive 80.5 per manufacturers to implement in the world.
cent. he retailer is now building on its good
performance by planning to speed up some The modern manufacturing facility,
of its business strategies that include rollout of equipped with the latest Oerlikon Barmag
Pickup and Fresh and its non-consumables
& WEFT
technology for Continuous Polymerization
initiative. (CP), POY, FDY, PSF, DTY, & ATY is a testament
The Company also intends to revamp to its quality deliverance.
and relocate more stores than initially planned.
It’s not that pandemic didn’t affect Dollar Spreading its wings across 50+ countries,
General. It did saw low footfall at its stores, but fortified with specialized yarns of over 200
high ticket values compensated for the loss. varieties, Wellknown is a force to reckon for
The Sales of non-consumable items, higher when it comes to undisputed excellence.
markups brought profits.
There were incremental costs, which
included rise in employee compensation, but
these too were offset by increase in sales. he
14th Floor, B wing, Nirmal, 241/242, Backbay Reclamation, Nariman Point. �umbai � 400021
Company is to benefit from the current scenario
Tel.: 91-022-66207000 Fax.: 91-022-66207050 Email : info@wellknown.net.in Website : www.wellknown.net.in
with gross margin a ‘standout’. It generated
revenue of US $ 27.8 billion in 2019.
www.gtanews.in