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Total Matching Records found : 18

Horrific Bangladesh factory fire revealed a gap in safety for global brands-Jim Yardley

-The New York Times ASHULIA, BANGLADESH: The fire alarm shattered the monotony of the Tazreen Fashions factory. Hundreds of seamstresses looked up from their machines, startled. On the third floor, Shima Akhter Pakhi had been stitching hoods onto fleece jackets. Now she ran to a staircase. But two managers were blocking the way. Ignore the alarm, they ordered. It was just a test. Back to work. A few women laughed nervously. Ms....

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No soft landing-N Madhavan

Will Vijay Mallya commit suicide for running up huge losses at Kingfisher Airlines," asks Talaka Rajiah, a farmer near Parkala town, 35 kilometres from Warangal in Andhra Pradesh's Telangana region. "He will not. The government has already thrown some lifelines for him and the airline sector in the Budget," says Rajiah, who also happens to be the secretary of the Telangana Farmers Association. "But when it comes to farmers the...

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The time is not ripe

-The Hindustan Times The UPA’s record of policy flip-flops endures. The latest instance is a ban on exports of cotton that seems headed for revocation less than a week after it was announced. The commerce ministry’s line that India has exported more cotton this season than it can afford to without hurting consumption at home does not wash with partners of the ruling alliance or with the political bosses of cotton...

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US, brands may stop sourcing if apparel industry fails review by Shramana Ganguly Mehta

Apparel exporters risk losing clients like GAP, Reebok and Nike if India fails to convince the US on Friday that its industry does not employ children. India has been asked to defend itself in the US on May 20 against charges of child labour. Child labour is a sensitive issue for American multinationals who source 30% of their global requirements from India. The brands can stop India sourcing if the country...

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High food prices forcing Indians to cut other spending, says Nielsen

THE boom in demand for apparel and mobile phones may soon be over as Indians plan to spend less on fun and entertainment to deal with rising food prices, a Nielsen study says. Indian consumers are extremely cautious about rising food prices and a sizeable section may defer purchases by 6-12 months, says the latest Nielsen global consumer confidence index released on Monday. Some companies, including LG Electronics and Future Group, agreed...

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