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Riding on healthy domestic demand and a spurt in exports, Indian readymade garment companies are set for around 300 bps revenue growth to around 10 per cent in 2019, compared with around 7 per cent in 2018, according to Mumbai-based Crisil Ratings.

About 30 Indian exhibitors are displaying a variety of fabrics, made-ups, home textiles and blended yarn at the India International Textiles Expo (IITExpo) exhibition that opened in Colombo on July 29.

The Reserve Bank of India (RBI) on Tuesday allowed domestic banks to directly sell their bad loans in manufacturing and infrastructure sectors to investors abroad as part of one-time settlement (OTS) exercises. The move will allow overseas investors to take direct loan exposure to Indian corporates.

The Comptroller & Auditor General (CAG) has came down heavily on the GST (Goods & Services Tax) executioners saying that system is vulnerable to fraudulent Input Tax Credit (ITC claims).

British fashion brand Superdry will be adopting an omni-channel retail strategy as it plans to launch its India website mid-August. The company’s products are already sold across several key e-commerce platforms such as Myntra, Ajio and Amazon.

This refers to "Slowdown and NBFC crisis pose fresh NPA scare for banks: Moody's" (July 29). It’s true that while public sector banks (PSBs) are coming out of stressful situations, a number of NBFCs and HFCs could be slipping into problems. 

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