...Welspun India “Dare to commit” is a belief well entrenched into Welspun’s DNA. It drives every aspect of our business -‐ from leading innovative technologies, to developing path-‐breaking products, to fostering sustainability. Business Scenario As you are all aware, India has emerged as a significant player in the textiles sector, and is currently ranked as the second largest exporter of textile products behind China. As I mentioned in my last year’s address, certain structural changes are taking place in the industry, which are helping India improve its competitiveness and market share in the global arena. We are thus seeing more and more clients increase their sourcing pie of textile and apparel from India. In home textiles, the India advantage has been even more prominent and I believe, things are only going to get better in the coming years for the industry. At ...
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...GK Power Capsule – January 2015 (The Hindu Review) This GK Capsule has been prepared by Career Power Institute Delhi (Formerly Known as Bank Power). This has been prepared on the basis of news and events appeared in The Hindu Newspaper in the month of January 2015. 1. 2. 3. 4. 5. 6. 7. RBI cut its benchmark rate by 25 basis points to 7.75 per cent. RBI’s growth estimate for 2014-15 is 5.5 per cent. a. Bank Rate – 8.75 % (0.25% Decreased) b. Cash Reserve Ratio – 4 % (Unchanged) c. Statutory Liquidity Ratio – 22 % (Unchanged) d. Repo Rate – 7.75 % (0.25% Decreased) e. Reverse Repo Rate – 6.75 % (0.25% Decreased) f. Marginal Standing Rate – 8.75 % (0.25% Decreased) United Nation Secretary-General Ban Ki-moon appointed Indian sociologist Saraswathi Menon in peace-building panel. Filmmaker Pahlaj Nihalani was appointed as the Chairman of Central Board of Film Certification. Nihalani will succeed Leela Samson. Nepali Congress leader Deep Kumar Upadhyay was appointed as Nepal's ambassador to India. Hari Shankar Bramha was appointed as the new Chief Election Commissioner. Brahma succeeds V.S. Sampath. Anupam Shrivastava was appointed as CMD of BSNL. Arvind Panagariya took charge as Vice-Chairman of NITI Aayog. He became the first vice-chairman of the National Institution for Transforming India (NITI) Aayog, which replaced the Planning Commission on 1 January 2015. NITI Aayog comprises of Prime Minister as chairperson, one vice-chairman...
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