JK Lakshmi Cement reports 41% fall in Q2 net profit

JK Lakshmi Cement has reported results for second quarter ended September 30, 2018. The company has reported 40.97% falls in its net profit at Rs 7.81 crore for the quarter under review as compared to Rs 13.23 crore for the same quarter in the previous year. However, total income of the company increased by 9.18% … Read more

JK Lakshmi Cement reports production, sales growth of 13% in Q2FY19

JK Lakshmi Cement has reported production and sales growth of 13% in the second quarter of FY19 over Q2FY18. However, net sales revenue increased only by 10% to Rs 8514.40 million in Q2FY19 against Rs 7766.50 million in Q2FY18 due to marginal drop in realisation. JK Lakshmi Cement, part of the $4 billion JK Group, … Read more

Wipro earns supplier recognition from Visteon Corporation

Wipro has been recognized as a top supplier to Visteon Corporation, a global leader in automotive cockpit electronics, at Visteon’s Strategic Supplier Conference in October, in Dearborn, Michigan. Wipro was named a Best Quality Supplier, during an awards ceremony at The Automotive Hall of Fame, attended by about 100 representatives from 60 Visteon strategic suppliers, … Read more

Spice Mobility’s arm to make investment in Fast Track IT Solutions

Spice Mobility’s step down subsidiary — S Global Services, Singapore, (SGIC) has decided to invest BDT233,333 in Fast Track IT Solutions, a private company limited by shares incorporated under the laws of Bangladesh. Consequent to the said acquisition, Fast Track IT Solutions would become a step down subsidiary of the company. Spice Mobility is engaged … Read more

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