Asha to switch hands?

Speculation was rife that the controlling stake in Asha Central Hospitals has changed hands. It was said that the deal was for around Rs. 1.8 billion.

Stock market figures indicate that Asha Shares were trading around 96.00 rupees.

Brandix opens new Concept Centre

BRANDIX INAUGURATED a centralised facility for its Casualwear business in Ja-Ela.

The 270,000 square foot Brandix Centre of Inspiration (BCI) is the Group's Casualwear Business Unit's one-stop point for design to delivery, and assures customers of undivided and complete service. The uniquely designed facility houses a top notch product development and design centre, a central warehouse, a state of the art cutting facility and a centralised marketing and merchandising operations.

Brandix Casualwear forms the backbone of the Brandix Group's product portfolio, and specialises in woven bottoms - basic pants, cargo pants, five-pocket jeans, shorts and skirts. It has seven production facilities which include a state-of-the-art fully automated denim facility, the first of its kind.

The fully integrated process utilises the advantages generated by the Group's vertical linkages to source woven fabric, finishing, accessories and high end washes.