Final bids are likely to be submitted by 31 March and the company is expected to be valued at Rs.1000 - 1200 crore, said two people aware of the development. ICICI Securites is running the mandate for Tata Capital. Tata Capital Healthcare Fund had invested Rs.40 crore in Shriji in 2015.
The collection has been produced in collaboration with UK-based waste management and recycling company First Mile. The training collection includes tees, shorts, pants and jackets. The company said the apparel is made of at least 83% to even 100% from the sustainable yarn sourced from First Mile.
Paper exports in last 3 years has grown from 660,000 tons to 15,00,000 ton from India. The Indian paper industry is likely to grow at the rate of 12% per annum for next 5 years and the overall paper consumption is projected to increase to 24 million tons in 2024-25 from 15 million tons currently. Paperex 2019 is being held in new Delhi from Dec 6-9.
Before expiry of the said duty, domestic producers constituting Saint-Gobain India, Sisecam Flat Glass India Ltd and Gold Plus Glass Industry Ltd had filed an application in March 2019 before the authority, on behalf of the domestic industry, alleging likelihood of continuation or recurrence of dumping of the glass from these countries.
The mills in question are the Nagaon and Cachar ones, which are in quite bad shape; the MoS for food processing has asked BRS Ventures to take over the mills, in a bid to revive them.
E-commerce companies have been asked for discarding plastic used in packaging, which accounts for more than 40 per cent of non-fibre plastic, according to an official.
All offices of central and state governments and major PSUs have been told to prohibit single-use plastic products.
India’s plastic-processing industry has over 30,000 units and an annual turnover of Rs 2.25 lakh crore.
In sync with govt’s movement, companies have started taking measures to scale down use of single-use plastics for office-use products, cafeterias
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The intervention is stark. 3.6 MT of plastic waste is estimated to be generated in India every year and a lot of the unrecycled material enter’s the country’s waterbodies.
Companies are seeking clarity on whether possible ban on single-use plastics will extend to PET bottles.
The Kolkata-based company has ventured into the business alone and has doubled its door manufacturing capacity.
The company has decided to enter into multiple joint ventures (JVs) with regional manufacturers across India for an assured supply of finished products.
The maker of Wigwam brand of plywood has a good presence in North India but has limited share in the southern parts.
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