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Wednesday, Aug 13, 2025
Sabu reiterated that he decided to call off his company’s proposed investments to the tune of ₹3,500 crore from Kerala and shifted it to Telangana as he was fed up with the harassment from the Left government.
Kitex is expecting an invite from the Andhra government to expand its footprint to the state with the minister’s visit.
For the full year, the company posted a net profit of ₹135.7 crore
Kitex said that it expects revenue of ₹5,000 crore once its new textile plants in Telangana reach full production capacity.
Indian textile companies fared better in Friday's trading.
Little-known Aishwarya Business Corporation pips big names like Lulu, Apollo, Muthoot and Geojit
The proof I have in my possession (against the Chief Minister’s daughter) is like an atom bomb, Sabu Jacob said.
The party will field Adv Charley Paul(60) from Chalakkudy and Adv Antony Jude (28) from Ernakulam.
KITEX Chairman Sabu Jacob has dubbed it a matter of “principles” when asked about CPM going after his firm despite taking the funds.
The court also dismissed Sabu's suggestion that the tusker should be brought back to Kerala.
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