
Garment Mantra receives Rs 1.19 crore sales order from Government of India
'We are pleased to announce that we have received our very first order from the Government of India,' said Prem Aggarwal, managing director of Garment Mantra Lifestyle Ltd, Apparel Resources India reported. 'This is very important for our company, as it is recognition of our ability to deliver an order of this magnitude to an institution.'
Aggarwal added that the order enhances the company's strategic positioning for future government tenders and brings additional value to stakeholders. The development marks the company's entry into public sector sourcing, a key milestone in its growth trajectory.
The Coimbatore-based business, which operates across multiple tiers of the textile value chain, has been expanding its reach through both private and institutional channels. The order is expected to further strengthen its reputation as a reliable supplier and support its long-term focus on sustainable growth and operational excellence.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

LeMonde
3 hours ago
- LeMonde
White House starts TikTok account as platform in US legal limbo
The TikTok Inc. building is seen in Culver City, California on March 17, 2023. DAMIAN DOVARGANES / AP The White House launched a TikTok account on Tuesday, August 19, as President Donald Trump continues to permit the Chinese-owned platform to operate in the United States despite a law requiring its sale. "America we are BACK! What's up TikTok?" read a caption on the account's first post on the popular video sharing app, a 27-second clip. The account had about 4,500 followers an hour after posting the video. Trump's personal account on TikTok meanwhile has 110.1 million followers, though his last post was on November 5, 2024 – Election Day. TikTok is owned by China-based internet company ByteDance. A federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before Trump's inauguration on January 20. But the Republican, whose 2024 election campaign relied heavily on social media and who has said he is fond of TikTok, put the ban on pause. In mid-June, Trump extended a deadline for the popular video-sharing app by another 90 days to find a non-Chinese buyer or be banned in the United States. That extension is due to expire in mid-September. While Trump had long supported a ban or divestment, he reversed his position and vowed to defend the platform – which boasts almost two billion global users – after coming to believe it helped him win young voters' support in the November election. Trump's official account on X, formerly Twitter, has 108.5 million followers – though his favored social media outlet is Truth Social, which he owns, where he has 10.6 million followers. The official White House accounts on X and Instagram have 2.4 million and 9.3 million followers, respectively. Le Monde with AFP Reuse this content
LeMonde
a day ago
- LeMonde
Japan's SoftBank to invest $2 billion in Intel
Japan-based tech investor SoftBank Group said on Tuesday, August 19, that it will invest $2 billion in Intel, as the US government reportedly considers taking a 10% stake in the troubled US chip giant. The move is the latest in SoftBank's succession of investments and business deals in the United States as its charismatic founder, Masayoshi Son, aggressively courts US President Donald Trump. "This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role," Son said in a joint press release with Intel announcing the deal. SoftBank will pay $23 per share of Intel common stock. SoftBank's move came as the Trump administration discussed taking a stake of about 10% in Intel to boost the chipmaker and the American semiconductor sector, according to US media, including Bloomberg News and the Wall Street Journal. Since Trump's return to the White House, Son has already announced other investment plans in the United States, including its leading role in the $500-billion Stargate project to build AI infrastructure there along with cloud giant Oracle and ChatGPT-maker OpenAI. Son stood beside the US president and fellow investors to announce the Stargate project at the White House in January. Lip-Bu Tan, Intel chief executive officer, said in the statement that the latest deal demonstrates its close ties with SoftBank. It is "a company that's at the forefront of so many areas of emerging technology and innovation and shares our commitment to advancing US technology and manufacturing leadership," he said. Trump had pressed Tan, a Malaysian-born tech veteran, to resign "immediately," after a Republican senator raised national security concerns over his links to firms in China. But during a meeting last week, Trump praised Tan, saying in a social media post that "his success and rise is an amazing story." Trump also wrote that members of his cabinet would work with Tan and come up with "suggestions." Intel is one of Silicon Valley's most iconic companies but its fortunes have been dwarfed by Asian powerhouses TSMC and Samsung, which dominate the made-to-order semiconductor business.

LeMonde
a day ago
- LeMonde
Pro-Trump channel Newsmax agrees to pay $67M in defamation case over 2020 election claims
The conservative network Newsmax will pay $67 million to settle a lawsuit accusing it of defaming a voting equipment company by spreading lies about US President Donald Trump's 2020 election loss, according to documents filed Monday, August 18. The settlement comes after Fox News Channel paid $787.5 million to settle a similar lawsuit in 2023 and Newsmax paid what court papers describe as $40 million to settle a libel lawsuit from a different voting machine manufacturer, Smartmatic, which also was a target of pro-Trump conspiracy theories on the network. Delaware Superior Court Judge Eric Davis ruled earlier that Newsmax did indeed defame Denver-based Dominion Voting Systems by airing false information about the company and its equipment. But Davis left it to a jury to eventually decide whether that was done with malice, and, if so, how much Dominion deserved from Newsmax in damages. Newsmax and Dominion reached the settlement before the trial could take place. The settlement was disclosed by Newsmax in a new filing with the US Securities and Exchange Commission. "Newsmax believed it was critically important for the American people to hear both sides of the election disputes that arose in 2020," the company said in a statement. "We stand by our coverage as fair, balanced, and conducted within professional standards of journalism." A spokesperson for Dominion said the company was pleased to have settled the lawsuit. The disclosure of the settlement came as Trump, who lost his 2020 reelection bid to Democrat Joe Biden, vowed in a social media post Monday to eliminate mail-in ballots and voting machines such as those supplied by Dominion and other companies. It was unclear how the Republican president could achieve that. The same judge also handled the Dominion-Fox News case and made a similar ruling that the network repeated numerous lies by Trump's allies about his 2020 loss despite internal communications showing Fox officials knew the claims were bogus. At the time, Davis found it was "crystal clear" that none of the allegations was true. Internal correspondence from Newsmax officials likewise shows they knew the claims were baseless. "How long are we going to play along with election fraud?" Newsmax host Bob Sellers said two days after the 2020 election was called for Biden, according to internal documents revealed as part of the case. Though Trump has insisted his fraud claims are real, there is no evidence they were, and the lawsuits in the Fox and Newsmax cases show how some of the president's biggest supporters knew they were false at the time. Trump's then-attorney general, William Barr, said there was no evidence of widespread fraud. Trump and his backers lost dozens of lawsuits alleging fraud, some before Trump-appointed judges. Numerous recounts, reviews and audits of the election results, including some run by Republicans, turned up no signs of significant wrongdoing or error and affirmed Biden's win.