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Ethiopia seeks more India knowhow, capital

15 May 2012

New Delhi, May 15 (IANS) Ethiopia has liberalised norms and is keen to attract more Indian investments in the sectors like pharmaceuticals, agriculture, textiles and food processing, Ethiopian ambassador to India Gennet Zewide said Tuesday.

Ciel Textiles trebles 9-months pretax profit on cost cuts

15 May 2012

PORT LOUIS (Reuters) - Mauritius clothing group Ciel said on Tuesday nine-month pretax profit leapt to 340.38 million rupees from 110.53 million on the back of aggressive cost cutting. The group, which supplies Britain's Marks & Spencer and Next along with Spain's Zara, said profitability in the three quarters through March 31 continued to be generated from international operations. However, it ...

Ciel Textiles trebles 9-mths pretax profit on cost cuts

15 May 2012

PORT LOUIS, May 15 (Reuters) - Mauritius clothing group Ciel said on Tuesday nine-month pretax profit leapt to340.38 million rupees ($11.6 million) from 110.53 million on theback of aggressive cost cutting. ...
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