General Textile News

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USA: American Apparel Inc. Board under investigation
[Aug 18, 2010] Investigation on behalf of current long term investors of American Apparel Inc. (AMEX:APP) over possible securities laws violations.

INDIA: Textile major launches business school
[Aug 06, 2010] The Promoters have set up the Shanti Educational Initiatives with an objective of providing first rate education in the country from KG to PG. The first initiative, Shanti Asiatic School, located at Ahmedabad has already began making waves with its novel learning methodology, which promotes a spirit of learning and exploration among students.

INDIA: NTC looks at Bangalore, Indore for land auctions
[Aug 06, 2010] By end-September, NTC will put up for sale two sick cotton textile mills' land—of 1.73 acres and 30 acres—on Magadi Road in west Bangalore at a combined minimum price of Rs340 crore, chairman and managing director K. Ramachandran Pillai said on Wednesday.

USA: Baby Matters Recalls Nap Nanny Recliners
[Jul 27, 2010] The U.S. Consumer Product Safety Commission (CPSC), in cooperation with Baby Matters LLC, of Berwyn, Pa., is announcing the voluntary recall of 30,000 Nap Nanny® portable baby recliners.

INDIA: Working Group for Sanitation and Leather Workers Constituted
[Jul 02, 2010] In consultation with the Ministry of Social Justice and Empowerment, the Ministry of Labour and Employment has constituted a Working Group to look into the issues concerning the Sanitation and Leather Workers.

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