Mehta Equities Ltd has issued a “Subscribe” recommendation for Mamata Machinery Ltd’s initial public offering (IPO), citing the company’s strong position in the packaging machinery industry and promising long-term growth potential. The IPO, priced at ₹243 …Read More
… from yarn manufacturer Sanathan Textiles opens today for subscription. … of IPO exercise, Sanathan Textiles on Wednesday raised ₹ … general corporate purposes.
Sanathan Textiles Limited (STL) is … and yarns for technical textiles and industrial uses finding …Read More
… OBJECTIVES
Incorporated in 2005, Sanathan Textiles operates across three verticals: polyester … and yarns for technical textiles. Its technical textiles are utilised in industries … and growth potential, Sanathan Textiles IPO presents a good investment …Read More
… manufacturer of fabrics and home textiles, has agreed on a … ,000 direct jobs. The textiles investment is part of the … $30 million in a textiles project with Suez Canal Economic … cent of its textiles.
SCZONE signed agreements for textile and food projects …Read More
… IPOs – Transrail Lighting and Sanathan Textiles are opening for subscription today … The company specialises in technical textiles used in construction, sports, and … .
Both Transrail Lighting and Sanathan Textiles present unique investment opportunities, each …Read More
… materials for lint to the textile industry, generating a significant chunk … vital raw material for the textile industry, which generates a large … cotton production is low, the textile industry may need to import … import of yarn for the textile industry.Read More

Birla Cellulose, Aditya Birla Group’s MMCF business, has topped Canopy’s 2024 Hot Button Report for sustainable wood sourcing, earning its fifth ‘Dark Green Shirt’ rating.
Praised for eliminating Ancient Forests from its supply chain, it advances Next Gen fibres and low-carbon tech.
With 11 production sites and 5 R&D centres, it leads in innovation and sustainability.Read More

The US Federal Reserve (Fed) yesterday cut interest rates by 0.25 per cent and indicated a slower pace of cuts in the future.
The economic outlook is uncertain, it said.
The central bank’s key lending rate was lowered to between 4.25 per cent and 4.5 per cent.
Since earlier in the year, labour market conditions have generally eased, and the unemployment rate has moved up, but remains low.Read More

Turkish finance minister Mehmet Simsek has said a noticeable slowdown in inflation has started in many areas and the trend will continue next year.
The ‘necessary groundwork’ has been done to permanently reduce inflation, he told parliament.
The annual inflation rate dropped to 47.09 per cent in November, down from 48.6 per cent in October and further away from a peak of 75.45 per cent in May.Read More
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