Lux Industries Ltd’s net profit for the second quarter ended September 2019 jumped 95 percent to Rs 41 crore ($5.7 million), as against Rs 21 crore it had reported during the previous quarter ended September 2018.
The Khadi and Village Industries Commission has shut the Mumbai Khadi and Village Industries Association’s stores after discovering that it was engaging in unfair trade practices including selling fake Khadi goods.
Dollar Industries Ltd witnessed a 30 percent decline in its net profit to Rs 14 crore ($2 million) for the second quarter ended September 30, 2019, as against Rs 20 crore it had reported in September 2018.
The traditional wear boutique Anahita hosted the hand-embroidered saree brand Ashdeen at its store in Kishnama House in Banjara Hills, Hyderabad, to showcase its latest collection from November 6 to 8.
The fashion and lifestyle shopping exhibition Inherit 2019 will take place in New Delhi from December 7 to 8 and will feature clothing, crafts, and design at the Sunder Nursery Heritage Park in Nizamuddin.
Bombay Dyeing & Manufacturing Co Ltd saw its net profit for the second quarter plummet 73 percent to Rs 89 crore ($12.5 million), as against a net profit of Rs 325 crore it had posted in the year-ago period.
The department for promotion of industry and internal trade (DPIIT) last month approved the Mega Leather Footwear and Accessories Cluster (MLFAC) project at Bantala in Kolkata at a cost of Rs 178.84 crore ($25 million).