Welspun India
Recent Highlights
All Stories for Welspun India

Welspun India must pull up its socks and act quick to control damage, say experts
Sulekha_nair •Some of the experts ask why did it take two years for Target to raise the issue. A few others feel this means the problem is systemic and Welspun cannot sit out waiting for the audit report to come out

Now, US retailer Bed Bath orders probe into Welspun's textile products
•The company's announcement came after Wal-Mart, the world's largest retailer, said it is reviewing Welspun's cotton certification records

Welspun India: Rs 4,400 cr investor wealth wiped out as more cos join probe
Fp Staff •After Wal-Mart, JCPenney is also conducting a thorough investigation of its Welspun textiles
Scientists find Earth-like planet circling sun's nearest neighbor | Reuters
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Will continue to do biz with Welspun till probe outcome: IKEA
•Swedish furniture retail major IKEA today said it will continue its business collaboration "as usual" with Welspun India till the outcome of an ongoing investigation by the Gujarat-based firm over lapses in its supplies to US-based Target

IKEA says will continue to do business with Welspun India, to await sales probe outcome
•Welspun's shares have plummeted this week after U.S. big-box retailer Target terminated business with the firm, saying it had passed off cheap sheets as premium Egyptian cotton

Ahead of expiry, Sensex ends 70 pts higher; all eyes on US Fed chair Yellen's speech
•Globally, investors' focus is on US Federal Reserve Chair Janet Yellen's speech at the bankers' gathering in Jackson Hole later this week

Welspun India's woes continues, now Walmart to review co's cotton certification records
Fp Staff •Walmart is reviewing cotton certification records of Welspun India in the wake of Target Corporation's decision to terminate contract with the Gujarat-based textiles maker

Welspun India shares on a free-fall mode, tanks 40% in 2 sessions after US client ends contract
Fp Staff •Since January, the stock has crashed 93 percent owing to sustained selling pressure by investors

Welspun India promoters up stake to 59.56 % in company
Fp Archives •Welspun India promoters have increased their stake in the company by 11.50 percent to 59.56 percent through acquisition of shares worth Rs 55.30 crore from the open market.

