AGP Executive Report
Last update: 6 hours agoCourt Ruling: The Philippines Supreme Court said a textile employer that cut workers’ schedules without consent amounts to constructive dismissal, ordering full back wages, allowances, benefits, attorney’s fees, and separation pay. Corporate Momentum: India’s Grasim posted record FY26 revenue and profit as expansion in paints, financial services, cement and digital commerce kept accelerating. Policy Shift in Textiles: Kerala’s new cabinet reshuffle created an AI portfolio at cabinet level and assigned Industries/Commerce, IT and textiles to PK Kunhalikutty, while CM VD Satheesan took Finance and Law. Dry-Cleaning Compliance: A Boca Raton dry cleaner rebranded and confirmed it runs PERC-free ahead of the EPA’s PERC phaseout. Craft Spotlight: Kantha stitch artist Tripti Mukherjee is set for Padma Shri recognition. Industry Tension: Jute workers in Khulna blocked roads again over raw jute export curbs and compensation demands. Tech for Production: KARL MAYER launched the RS 2 Net speed champion for shade-net output. Diplomacy Through Textiles: PM Modi’s Italy visit kept textiles in the spotlight with Muga and Shirui Lily silk stoles for Giorgia Meloni.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.