VF Worldwide Holdings, operating as VFS Global, Monday said it has signed a contract with the Ministry of Foreign and European Affairs of the Slovak Republic for providing visa services in 10 countries, including in India.
Under this new contract, VFS Global will provide visa services for Slovakia in India, China, Kazakhstan, Palestine, Belarus, Russia, Kuwait, UAE, Turkey and Egypt, through 38 Visa Application Centres, a release said.
The rollout of all these new operations is expected to be completed by December 2018, it added.
******************* UFO Moviez Q2 net drops marginally to Rs 9.96 cr *
Digital cinema distribution firm UFO Moviez Monday reported a marginal decline in consolidated net profit to Rs 9.96 crore in the September quarter, against Rs 10.20 crore posted in the same period previous fiscal.
Its consolidated revenue stood at Rs 133.50 crore, against Rs 139.18 crore in the year-ago period, the company said in a release.
******************* DSP Investment Managers launches open-ended fund *
DSP Investment Managers Monday launched an open-ended scheme DSP Healthcare Fund, which will invest in equity and equity related securities of healthcare and pharma sectors, with some portfolio allocation to foreign securities.
The new fund offer that closes on November 26, may invest up to 25 per cent in international healthcare stocks, especially large US companies, the company said in a release.
The fund will be managed by Aditya Khemka and Vinit Sambre, while Jay Kothari would be the dedicated fund manager for overseas investments. The benchmark for the fund would be S&P BSE Healthcare Index.
******************* Gulf Oil Lubricants Q2 net drops marginally to Rs 40.29 cr *
Gulf Oil Lubricants Monday posted a marginal decline in net profit to Rs 40.29 crore in the September quarter, from Rs 40.42 crore reported in the year-ago quarter.
Net revenue rose 29.19 per cent to Rs 417,21 crore, against Rs 322.95 crore in the year-ago period, the company said in a release.
The company continued its growth momentum during the quarter under review recording a volume growth of 22 per cent in its core business with growth coming in from across all business segments and product categories, it said.
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