Garware Synthetics Ltd.

Mukesh Ambani''s family remains India''s richest, while Gautam Adani leads first-generation businesses, according to the 2026 Hurun India report on family wealth.

India launches anti-dumping probes on 5 products from China & other nations. Domestic firms allege dumping causing injury; duties may be imposed to protect local industry.

Garware Technical Fibres reports 17.6% rise in Q3 consolidated PAT to Rs 56.2 crore. Net sales up 10.4%. Details inside.

Textile and leather stocks surge after India and US agree to trade deal reducing tariffs. Key stocks like KPR Mill and Welspun Living jump.

Garware Technical Fibres reported a 1.4% increase in Q4 FY25 PAT to Rs 71.05 crore, driven by growth in Geosynthetics and Aquaculture. Revenue rose 13% to Rs 432.55 crore.

Union Textiles Minister Giriraj Singh stresses tech advancement for India''s handloom traditions. IIHTs crucial for sector growth, new MoUs signed.

Maharashtra CM Devendra Fadnavis announces a 3-day ''Viksit Bharat Youth Conclave-2026'' in Pune, focusing on sports, tech, innovation, and culture for 1,000 delegates.

CAG recommends enhanced coordination between Income Tax & GST departments to assess tax dues on works contract & construction services, citing compliance deficiencies.

Bank of America (BofA) will acquire a 49.9% stake in Jio Credit, Jio Financial Services'' lending arm, for $1.9 billion, forming a new joint venture.

Star Air announces new direct flight services between Ahmedabad and Mundra (Kutch) starting August 17. Boosts Gujarat''s economy & logistics network.

MRVC announces Indian Railways will manufacture 238 AC local rakes for Mumbai''s suburban network by 2030, embracing ''Vocal for local'' after failed global bids.

TPG and Temasek offloaded nearly 13% stake in Dr Agarwals Health Care for Rs 2,008 crore. ICICI Prudential, Invesco, Polar Capital, and Allianz acquired shares.

Surveillance tech firm CP Plus sees Q1 profit after tax jump to Rs 142.2 crore & 90% revenue growth. Company plans major capacity expansion & new manufacturing facilities.

India''s Commerce Secretary will visit Chile to review progress on expanding the India-Chile trade agreement (CEPA), focusing on critical minerals like lithium and copper.

DGFT invites comments on a draft SOP for reporting inward remittance messages from NBFC factors. Enhance transparency & ease of export remittance reconciliation.