Skipper has decided to shift the manufacturing facility of the company situated at Bollaram Jinnaram Mandal, Medak District in the state Telangana to Howrah in the state of West Bengal by transfer of plant and machinery and other accessories. The above shifting will reduce the fixed cost without reduction in overall capacities of the division … Read more
Spice Islands Apparels has decided not to carry out any further activity / operations from Bangalore unit. Bangalore unit of the company which is operated from the rented premises and not of activity is being done from the said place for quite some time now. This may conveniently be done from Mumbai or Tirupur. Accordingly, … Read more
Graphite India has decided to halt operations in its Bengaluru graphite electrode plant by halting the furnaces in a sequential manner by October end, during the ongoing revamp work for the replacement of roof sheets. The revamping work would be completed by end November 2018. The company intends to make up for the production loss … Read more
The 27th meeting of the GST council took place in Delhi on Friday. There were several items on the agenda including detailed discussion on the first year’s revenue. Addressing the news persons after the meeting, Union Finance Minister Arun Jaitley said that the members expressed satisfaction over revenue growth. Jaitley informed that a new simpler … Read more