Business Focus
Fineotex completes successful fund raise of Rs. 342.55 crores through Preferential Allotment
Fineotex Chemical Limited (“Fineotex” or the “Company”), a leading specialty chemical manufacturer, announces the successful fund raising of INR 342.5 Crores through a preferential allotment of equity shares and convertible warrants.The fund-raising was executed in two distinct phases:Phase I: The Company...
CHT Group Sustainability Report 2023 now available online
The Sustainability Report 2023, which is now digitally available, provides important insights into the past financial year and clearly summarizes the main ecological, economic...
Bangladesh RMG Export Experience: Prospects and Challenges in the Indian Market
The export of Bangladesh’s readymade garments (RMG) to India has seen significant growth in recent years. From July to December of the 2021-2022 fiscal...
Hailin Xu appointed new CEO of the Saurer Group
Effective 1 July 2024, Hailin Xu will become the CEO of the Saurer Group, succeeding Dr. Uwe Rondé, who is leaving the company at his...
FMI Bytes: Illuminate Safety Advancements in High Visibility Clothing Market
High visibility clothing is not just about safety, it is a crucial element in various industries where worker visibility is paramount. From construction sites...
Ahsan Mahmood joins Nordic Sourcing as CEO
Ahsan Mahmood has joined Nordic Sourcing as Chief Executive Officer (CEO). As a CEO, He looks after the total operation of Bangladesh, as well...
Rohit Aggarwal new member of Management Board of Lenzing Group and designated CEO
The Supervisory Board of Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwoven industries, has appointed Rohit Aggarwal as...
The KARL MAYER GROUP Wins Patent Dispute in China
The KARL MAYER GROUP has scored an important victory in the fight against product piracy in China. The innovative textile machinery and plant engineering...
CEMATEX appoints Alex Zucchi as new president
CEMATEX, the European Committee of Textile Machinery Manufacturers, today announced the appointment of Alex Zucchi as its new president. Mr Zucchi was elected at...
ADB, Ananta Group Sign Deal to Promote Energy-Efficient Fabric Manufacturing, Create Jobs in Bangladesh
The Asian Development Bank (ADB) has signed a $40 million financing package with Ananta Knitwear Limited (AKL) to finance a new knit fabric factory in...
Fashion for Good Museum Shares its Legacy and Embarks on a New Phase
The Fashion for Good Museum publishes its legacy document. A testament to its transformative journey, the report was prompted by the museum’s closure on...
Bangladesh Looks to Boost $489 Million: Garment Industry Exploring on Virtual Marketplace
Bangladesh's rapidly expanding apparel sector, essential to the country's economy, is about to undergo a dramatic change. Ready-made garment (RMG) industry demands are being...
U.S. Cotton Trust Protocol Announces Expanded Board of Directors
Expanded Board of Directors includes 11 new appointments, bolstering equal representation from across the global cotton supply chain The U.S. Cotton Trust Protocol has today...
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Fineotex completes successful fund raise of Rs. 342.55 crores through Preferential Allotment
Fineotex Chemical Limited (“Fineotex” or the “Company”), a leading specialty chemical manufacturer, announces the successful fund raising of INR 342.5 Crores through a preferential allotment of equity shares and convertible warrants.The fund-raising was executed in two distinct phases:Phase I: The Company...
