TEXTILES

WestBridge investing $18M in artificial leather maker Mayur Uniquoters

March 19, 2014 | Swet Sarika

For WestBridge, this is the second investment since January 1 after betting on Delhi-based snacks maker DFM Foods.

Baring PE India hikes stake in Vardhman Textiles

March 12, 2014 | Bhawna Gupta

The PE firm previously also built a small stake in Vardhman Holdings, a separately listed holding firm of the Vardhman Group, which owns around a quarter of Vardhman Textiles.

Winsome Yarns selling knitting division to a Middle East-based firm

February 03, 2014 | Bhawna Gupta

Last May, the firm decided to undertake an internal restructuring to improve efficiency and ensure better financial management.

Winsome Yarns in talks to sell stake in knitting unit

January 13, 2014 | Bhawna Gupta

The small-cap public listed firm had previously raised funds through a preferential allotment.

We want to be a Rs 1,000 crore plus company in 3-4 years: Siddharth Bindra, MD, BIBA Apparels

December 05, 2013 | Diksha Dutta

On back of a freshly minted fundraise, the mid-market apparel maker is eyeing acquisitions in luxury segment and also looking at launching a new brand.

Banswara Syntex hikes stake in local textile JV with France’s Carreman to 80%

October 22, 2013 | Bhawna Gupta

A few years ago, the Indian partner was rumoured to be in talks to buy the French company to expand overseas.

New Vernon-backed Celebrity Fashions allots shares worth 24% stake to SBI in lieu of debt

September 24, 2013 | Diksha Dutta

New Vernon is sitting on unrealised loss of around 96 per cent on its eight-year-old investment.

Raymond hikes stake in shirting venture Raymond Zambaiti to 53%

September 20, 2013 | Bhawna Gupta

The gross revenue of Raymond Zambaiti stood at Rs 296.91 crore in FY13 against Rs 228.98 crore in the previous year.

Blackstone-controlled Gokaldas Exports cuts net loss on forex gains

August 01, 2013 | TEAM VCC

The PE firm has seen the value of its investment in the company shrink 90% since it acquired a majority stake in Gokaldas six years ago.

Baring PE India invests $5M in Vardhman Textiles

July 17, 2013 | Diksha Dutta

Over a year, the PE firm has put in over $80 million in publicly listed firms through open market transactions.

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