MAJOR MARKET LOOKS UP FOR INDIAN HANDLOOMS DOWN UNDER
Article Abstract:
The Handloom Exports Promotion Council (HEPC) in its annual review of handloom exports for the year observes that India's total handloom export during 1997-98 increased by 14.3 percent to Rs1,854.50 crore (Rs1,621.81 crore in 1996-97). India's total handloom exports to the Oceania region were over Rs113 crore. Of this, exports to Australia were at Rs98.87 crore, indicating 87.40 percent of the total export in Ocenia region. Exports to New Zealand were at Rs14.04 crore. HEPC's report has indicated that India's market share in international handloom market is likely to raise provided handloom exporters offer new and attractive products. (gs)
Comment:
India: Total handloom export during 1997-98 increases by 14.3% to Rs1,854.50 crore vs Rs1,621.81 crore in 1996-97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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RIL NET EARNINGS GROWTH EXPECTED AT 7% TO 15%
Article Abstract:
Reliance Industries Ltd is expected to increase its net earnings by 7-15 percent to Rs870 crore for the six months ended September 1998. The company's sales is expected to increase by 15-20 percent to Rs7,500 crore in the first half of 1998-99 against Rs6,330 crore in the first half of 1997-98. The company is expected to post a net profit of Rs405-425 crore for the second quarter of 1998-99. The anticipation of good results has increased the company's scrip price to Rs114.80 from Rs110 on the Bombay Stock Exchange. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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