Saree

What is Saree and Petticoat Cancer? Is this for real? How to prevent it?

Skin cancer may result from the saree wearing with waist cords that are tied firmly, says study. The traditional saree tying involves tightening the waist cord resulting in pressure at the waist

Saraswati Saree Depot IPO subscribed whopping 107.39 times on last day

The initial public offer of Saraswati Saree Depot, a key player in the saree wholesale segment, got subscribed a whopping 107.39 times on the last day of subscription on Wednesday. The Rs 160-crore initial share sale received bids for 1,07,39,63,880 shares against 1,00,00,800 shares on offer, as per NSE data. The portion for non-institutional investors attracted 358.47 times subscriptions, while the quota for Qualified Institutional Buyers (QIBs) subscribed 64.12 times. The category for Retail Individual Investors (RIIs) garnered 61.59 times subscriptions. The initial public offering (IPO) has a fresh issue of up to 64,99,800 equity shares and an offer for sale of up to 35,01,000 equity shares. The price range for the offer is Rs 152-160 per share. The company proposes to utilise the net proceeds from the fresh issue towards funding working capital requirements and general corporate purposes. The Kolhapur-based company, whose origin in the sarees business dates back to the year 1

Saraswati Saree Depot IPO subscribed 16.33 times on second day of offer

The initial public offering of Saraswati Saree Depot, a key player in the sarees wholesale segment, got subscribed 16.33 times on day two of subscription on Tuesday. The Rs 160-crore initial share sale received bids for 16,33,54,410 shares against 1,00,00,800 shares on offer, as per NSE data. The portion for non-institutional investors fetched 57.16 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 20.28 times. The quota for Qualified Institutional Buyers (QIBs) received 1.32 times subscription. The Initial Public Offering (IPO) has a fresh issue of up to 64,99,800 equity shares and an offer for sale of up to 35,01,000 equity shares. The price range for the offer is Rs 152-160 per share. The initial share sale will conclude on August 14. The company proposes to utilise the net proceeds from the fresh issue towards funding working capital requirements and general corporate purposes. The Kolhapur-based company whose origin in the sarees bu

Saraswati Saree Depot IPO gets fully subscribed on Day 1 of offer

The initial public offer of Saraswati Saree Depot, a key player in the sarees wholesale segment, was subscribed more than four times on the first day of subscription on Monday. The Rs 160-crore initial share sale received bids for 4,37,44,950 shares against 1,00,00,800 shares on offer, translating into an oversubscription of 4.37 times, according to NSE data. The quota for non-institutional investors fetched 12.62 times subscription, while the category for Retail Individual Investors (RIIs) got subscribed 5.39 times. The qualified Institutional Buyers (QIBs) portion received 1.19 times subscription. The Initial Public Offer (IPO) has a fresh issue of up to 64,99,800 equity shares and an offer for sale of up to 35,01,000 equity shares. The price range for the offer is Rs 152-160 per share. The initial share sale will conclude on August 14. The company proposes to utilise the net proceeds from the fresh issue towards funding working capital requirements and general corporate ...

Saree seen as symbol of Indian culture by foreigners, says MP CM Yadav

Women from neighbouring countries wearing sarees abroad are linked to India since the garment has been an identity of Bharatiya culture for thousands of years, Madhya Pradesh Chief Minister Mohan Yadav has said. He was speaking at the 'Saree Walkathon' event here on Thursday, on the eve of International Women's Day. Saree has been the identity of Bharatiya culture for thousands of years. Its connection with India is so profound that if a woman from Bangladesh, Pakistan, Afghanistan, Sri Lanka is seen wearing a saree abroad then she is considered as Indian," he said. The British tried to discourage the wearing of the saree to ensure Indians get disconnected from their roots, he said at the event, which saw the participation of about 40,000 women. According to eye-witnesses, some women expressed displeasure as the CM arrived late and a few of them complained they couldn't leave since the gates of the event venue, a stadium, were locked. The gates were, however, opened later, they ...

Saree shopping has moved online with no sign of slowing down

Retailers such as Sai Silks Kalamandir have adopted innovative online models to expand their reach

Export benefits under RoDTEP extended to 18 textile items including sari

The government has extended export benefits under RoDTEP scheme to 18 items related to textiles sector, including saari and lungi, with a view to boost shipments of these goods. Benefits under the duty refund scheme -- Remission of Duties and Taxes on Exported Products (RoDTEP) -- will be given to exports made from March 23, the Directorate General of Foreign Trade (DGFT) has said in a notification. Under the RoDTEP, various central and state duties, taxes, and levies imposed on input products, among others, will be refunded to exporters. "18 tariff lines...are being added...under RoDTEP for exports made from March 28, 2023," it said. The items include shirting fabrics, casement, and cambric.

MySilkLove champions Handloom Sarees by weaving a brighter future for the artisans

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Indian saree market sees big corporates battling traditional players

Larger groups like the Tatas, Aditya Birla and Reliance Retail are slowly making a mark in a Rs 46,400 cr industry that is otherwise ruled by traditional organised and unorganised players

Titan's Taneira shrugs off Covid blues to shake up the saree market

After jewellery and eyewear, Titan looks for an encore in another large segment that is mostly a commodity play

Swtantra: This Brand is giving the age-old Saree a Twist

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Indian saree: Not quite ubiquitous, but every woman's wardrobe treasure

A cultural symbol and style statement for Indian women, it is no longer limited to weddings and family occasions, but has begun extending to work wear, corporate meetings and cocktail parties too

Bengaluru institutions dedicated to handloom sari help keep legacy alive

Bengaluru's handloom heritage has brave new showcases. They are rife with fascinating personal stories - of weaver and aficionado alike

Chaos at Varanasi shop that offered 'a saree for Re 1', traffic blocked

Police had to intervene to clear the traffic on roads after crowd thronged outside a cloth shop in Mahmoorganj here that offered 'a saree for a rupee note'. The scheme meant to sell the old stock of the shop's sarees, attracted huge crowd of women yesterday, which led to a blocked traffic in front of the shop in Mehmoorganj area, said sources. Police had to intervene to clear the crowd which had blocked movement on the busy Mahmoorganj-Sigra road in the heart of city. The news about the offer spread like a wild fire and hundreds of women had gathered at the shop. The shop owner had to withdraw the offer due to the huge crowd and police later pacified women and cleard the traffic movement, sources said. They added that the scheme was applicable on a condition that one has to first shop for items worth over Rs 500 before availing the scheme and that had led to some confusion which resulted in the chaos.