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Sweatpants may help last bull market poster boy Page Industries catch up with past glory
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Athletic wear, which was earlier limited to niche customers like gym users, has now become the go-to option for individuals locked up at homes due to Covid-19 and remote working.
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Page Industries depends on selling Jockey’s men innerwear for more than a decade to drive growth.
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MUMBAI: For the 29-year-old Kaveri Chatterjee (name changed), the space occupied by track suits and sweat pants in the wardrobe of her New Delhi apartment has grown substantially since the lockdown that India had announced in late March to contain the Covid-19 pandemic.
Indiantelevision com s The Ad Linx Reporter dated 24 February 2021 - Global and Indian advertising news, information and data at your fingertips indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.
This comes after Vedji Ticku resigned as CEO citing ‘personal commitments.’
23 Feb, 2021 - 12:19 PM IST | By indiantelevision.com Team
NEW DELHI: Page Industries has elevated VS Ganesh as executive director and chief executive officer. This follows the departure of Vedji Ticku, who resigned as CEO from the company last week citing “personal commitments.”
In a regulatory filing, the company stated that Ganesh will be appointed for a period of five years effective 1 June 2021. He is currently the executive director – manufacturing and operation.
Page Industries MD Sunder Genomal said, I am delighted to welcome Ganesh, I have no doubt that Ganesh would exceed all our expectations in the role of CEO and that the company will continue to remain in excellent hands. I believe Ganesh has the right leadership skills and qualities to succeed Vedji and also drive the company’s growth to the next level.
The week that was: PSUs shine in Budget’s afterglow; Vi suffers most in 1 year
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The week that was: PSUs shine in Budget’s afterglow; Vi suffers most in 1 yearETMarkets.com
Last Updated: Feb 21, 2021, 10:20 AM IST
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The Nifty50 and BSE Sensex indices fell over 1 per cent each for the week as some investors saw the opportunity to take some profits.
There was much action in the broader market that kept investors hooked.
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MUMBAI: The week gone by was one of consolidation for investors as benchmark indices registered a four-day losing streak amid concerns around valuations, rising global bond yields and signs of rising COVID-19 cases.