The biggest textile machinery manufacturer in India – Lakshmi Machine Works Ltd (LMW) posted a massive 91% year-on-year bottom line leap in the first fiscal quarter ending June 30, 2104 (Q1FY15). In the same fiscal quarter, diluted ...
Tags: Textile, Bottom Line Leaps
Trident Limited, the flagship Company of Trident Group announced the laying of foundation stone of two spinning units and a sheeting unit in Budhni, MP. The Company will install 1.76 lacs spindles and 500 looms with an investment of Rs. ...
Tags: Trident Limited, Weaving Capacity
Natural organic matter (NOM) in seawater can cause biofouling problems in seawater facilities. This work reports on the use of a biofilter to prevent biological activity, and thus reduce the biofilm formation capacity downstream by more ...
Tags: Biodegradable Natural Organic Matter, Processing Machinery
The Competition Commission of India (CCI), the country’s fair trade regulator, has closed the case against the Coimbatore-based textile machine maker Lakshmi Machine Works (LMW). The case against LMW was filed by Shahi Exports ...
Tags: CCI, textile machine maker, LMW
Lakshmi Machine Works Limited, a leading textile machinery manufacturer in India and one among the three in the world to produce the entire range of spinning machinery, has posted a sharp decline in its net income as well as profit during ...
Tags: textile machinery, spinning machinery, net profit, textile industry
Swiss textile machinery major Rieter has made a complete exit from city-based Lakshmi Machine Works (LMW). Rieter has sold its residual 3.48% stake in LMW on Tuesday. LMW had bought out the 50% stake held by Rieter in their joint venture ...
Tags: Market View, textile machinery
OC Oerlikon Corp AG (OERL), the Swiss maker of textile machinery that announced the sale of a solar unit to Tokyo Electron in March, said profits may rise further than earlier guidance as a slumping textile market stabilizes. “The ...
Tags: market view, textile machinery