Page 3 - Welspun

Welspun One Logistics Parks launches Rs 500 cr warehousing focused fund

Named Welspun One Logistics Parks Fund I" the fund is a SEBI-registered Category II AIF

BHEL, L&T, Welspun, IRCTC among 15 firms in fray for running private trains

Rail ministry had invited RFQ for private operation of passenger trains over 12 clusters consisting of 140 Origin-Destination pair of routes with launch of 151 modern trains

Welspun group targets Rs 10 bn sales from new flooring venture in 3-4 years

From the middle of next year, Welspun Flooring will start exports to the US, Europe, Australia and southeast Asian countries

Welspun MD Rajesh Mandawewala buys three Mumbai flats for Rs 1.5 bn

Mandawewala paid more than Rs 83,000 per sq ft in the sea-facing project of The Wadhwa Group and Hubtown, two of Mumbai developers

Welspun to invest Rs 4k cr on textile projects in Gujarat

The group is also enhancing capacity of its technical textile business

Welspun takes Rs 501-crore hit over Egyptian cotton issue

Company takes Rs 501 crore hit in second quarter

Welspun to closely monitor its Egyptian cotton business

The Egyptian cotton imbroglio hit Welspun hard and led to a net loss in Q2 from an otherwise healthy profit last year

Welspun to make steel billets, TMT rebars in Odisha

The Welspun facility proposed at Dhamra has the potential to generate direct and indirect employment for 915 people

Making the world trust 'Made in India'

The Welspun incident has put the spotlight on the compliance track record of India Inc. Boards can play a key role in balancing compliance with competitiveness,

Welspun a wake-up call for textile firms

In the aftermath of the Welspun controversy, Business Standard gets deeper into the issue of global scrutiny facing Indian businesses across key sectors

Walmart to stop selling sheets made by Welspun

Affected products represent around 6% of Welspun's total business

Dirty laundry: Welspun tangle highlights India's quality challenge

Indian manufacturers distanced themselves from Welspun as it bets on quality, not just cheap workers, where it faces regional competition

Welspun faces new probe

Welspun has said it would hire a major accounting firm to review its supply processes

Welspun scandal follows years of falling Egyptian cotton output

The scandal involves alleged sale of falsely labeled Egyptian cotton products by an Indian textile manufacturer to US big box retailers

New review knot for Welspun, investors

US-based JCPenney probing cotton supplies

Welspun faces Walmart review after Target pulls sheets

Target Corporation, a US-based retailer, terminated its supply contracts due to quality issues

Can Welspun India survive Target supply crisis?

The termination of contracts by Target is a big setback to Welspun which touted itself as the biggest supplier to western retailers

Welspun aims 25% home textiles business from domestic market by 2020

Current contribution stands at 5%; company banks on product innovation, inorganic moves for the growth