Textile finishing chemicals and auxiliary manufacturer Resil Chemicals today said it has tied up with Austrian chemical research company Acticell GmbH to develop environmentally-friendly, sustainable textiles.
The collaboration is focused on developing a range of green, sustainable chemical solutions for the denim industry, the company said in a release issued here.
"Actigo (a globally patented technology from Resil) enables jeans manufacturers to move to a new process that eliminates the need for potassium permanganate (PP) spray and hand sand process.
"This process of denim treatment helps to create a new look as well as replicates denim effects similar to that of hand sand and PP process on denim garments," said Resil Chemicals Executive Director, Innovation, Ganesh Srinivasan.
--------------------------------------- Sweden lists entire country on Airbnb
Sweden Tourism Board today said it has partnered with Airbnb to turn the entire country into an Airbnb listing.
"Now, together with Airbnb, we welcome everyone to Sweden and, through freedom to roam, they can share our wonderful nature," Visit Sweden USA Country Manager Jenny Kaiser said in a release here.
Airbnb General Manager (Northern Europe) James McClure said, "This partnership is a first of its kind collaboration between a tourism board and Airbnb. It is designed to promote Sweden as a destination through the power of the Airbnb community."
Airbnb is an online marketplace and hospitality service.
------------------------------------------------ Bajaj Electricals launches digital centre
Bajaj Electricals today said it has launched a digital centre to improve customer experience and increase consumer engagement across all channels.
The centre will help to understand the pulse of the industry and brand through real time monitoring, and will also effectively utilise social media to understand consumer sentiments and help the organisation make informed decisions, the company said in a statement.
"We hope to achieve improved decision making, efficiency, profitability and customer reach through this initiative," Bajaj Electricals Chairman and Managing Director Shekhar Bajaj said.
-------------------------------------- HPL Electric Q4 net up 16% to Rs 11 crore
HPL Electric and Power today reported 16 per cent rise in net profit at Rs 11.1 crore during the fourth quarter of FY17 compared to Rs 9.6 crore in the same period last year.
Revenue from operations grew by 32 per cent to Rs 300.6 crore from Rs 227.5 crore in the same period last year.
"The last quarter turned out to be the third successive quarter in which we displayed sequential revenue growth and higher margins. We now have a strong order book of Rs 285.4 crore backed by significant pickup in new orders across all segments.
"We are now focusing on increasing our brand visibility, incentivising our dealers and aggressively reaching out to more dealers and retailers," HPL Electric Joint Managing Director Gautam Seth said.
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