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Bayer to acquire Monsanto in all cash transaction

Bayer to acquire Monsanto in all cash transaction

Sep 14,2016

Monsanto India announced that Bayer and Monsanto signed definitive agreement under which Bayer will acquire Monsanto for USD 128 per share in an all cash transaction.

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Anil Special Steel Industries to hold board meeting
Feb 11,2017

Anil Special Steel Industries will hold a meeting of the Board of Directors of the Company on 14 February 2017.

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Spectacle Ventures to hold board meeting
Feb 11,2017

Spectacle Ventures will hold a meeting of the Board of Directors of the Company on 14 February 2017.

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Trijal Industries to hold board meeting
Feb 11,2017

Trijal Industries will hold a meeting of the Board of Directors of the Company on 14 February 2017.

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Industrial production declines 0.4% in December 2016
Feb 10,2017

Indias industrial production declined 0.4% in December 2016 over December 2015, snapping strong 5.7% growth recorded in November 2016. The manufacturing sectors production declined 2.0% in December 2016 contributing to the overall decline in industrial production. However, the mining output increased 5.2%, while the electricity generation also moved up 6.3% in December 2016.

In terms of industries, seventeen out of the twenty two industry groups in the manufacturing sector have shown negative growth during the month of December 2016 as compared to the corresponding month of the previous year.

The industrial production rose 0.3% in April-December 2016, compared with 4.2% growth in the corresponding period last year. The manufactured product sector output declined 0.5%, while the mining and electricity generation improved 0.9% and 5.1% in April-December 2016.

As per the use-based classification, the basic goods output improved 5.4% in December 2016 over a year ago, but the output of intermediate goods declined 1.2%. The consumer goods output dipped 6.9%, while the output of capital goods also fell 3% in December 2016. Within consumer goods, the production of consumer durables plunged 10.3%, while that of consumer non-durables also slipped 5% in December 2016.

The IIP growth in November 2016 has been retained nearly unchanged at 5.7% in the first revision compared with the figure reported provisionally. Meanwhile, the growth in September 2016 has been also maintained unchanged at 0.7% at the final revision from first revision as well as its provisional figure.

The industry group Office, accounting and computing machinery has shown the highest negative growth of (-) 23.9% followed by (-) 22.9% in Other transport equipment and (-) 14.4% in Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products.

On the other hand, the industry group Basic metals has shown the highest positive growth of 11.1% followed by 9.8% in Radio, TV and communication equipment & apparatus and 3.0% in Coke, refined petroleum products and nuclear fuel.

Some important items that have registered high negative growth include Woollen Carpets (-) 51.3%), Three-Wheelers (including passenger and goods carrier) (-) 43.3%, Ayurvedic Medicaments (-) 39.6%, Molasses (-) 37.9%, Rice (-) 32.8%, Propylene (-) 28.5%, Scooter and Mopeds (-) 26.3%, Transformers (small) (-) 26.1%, Air Conditioner (Room) (-) 25.7%, Motor Cycles (-) 24.6%, Leather Garments (-) 23.2%, Conductor, Aluminium (-) 21.1% and Pressure cooker (-) 20.4%.

Some important items showing high positive growth during the current month over the same month in previous year include Fruit Pulp 120.1%, Electric sheets 99.9%, Cable, Rubber Insulated 55.5%, HR Coils/ Skelp 50.4%, Vitamins 37.4%, Aviation Turbine Fuel 32.7%, Ship Building and Repairs 31.2%, Sponge iron 28.9%, Plates 22.3% and Tractors complete 21.4%.

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Nakoda reports standalone net loss of Rs 18.34 crore in the December 2016 quarter
Feb 10,2017

Net Loss of Nakoda reported to Rs 18.34 crore in the quarter ended December 2016 as against net loss of Rs 21.20 crore during the previous quarter ended December 2015. Sales rose 195.08% to Rs 10.80 crore in the quarter ended December 2016 as against Rs 3.66 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales10.803.66 195 OPM %14.26-3.01 - PBDT1.77-0.06 LP PBT-18.34-21.20 13 NP-18.34-21.20 13

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Bhagyanagar India standalone net profit rises 92.11% in the December 2016 quarter
Feb 10,2017

Net profit of Bhagyanagar India rose 92.11% to Rs 1.46 crore in the quarter ended December 2016 as against Rs 0.76 crore during the previous quarter ended December 2015. Sales rose 3.63% to Rs 68.77 crore in the quarter ended December 2016 as against Rs 66.36 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales68.7766.36 4 OPM %5.77-0.30 - PBDT3.122.11 48 PBT1.820.84 117 NP1.460.76 92

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HB Stockholdings standalone net profit rises 228.05% in the December 2016 quarter
Feb 10,2017

Net profit of HB Stockholdings rose 228.05% to Rs 2.69 crore in the quarter ended December 2016 as against Rs 0.82 crore during the previous quarter ended December 2015. Sales rose 142.11% to Rs 3.68 crore in the quarter ended December 2016 as against Rs 1.52 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3.681.52 142 OPM %79.3559.21 - PBDT2.920.90 224 PBT2.910.88 231 NP2.690.82 228

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Vindhya Telelinks standalone net profit declines 31.28% in the December 2016 quarter
Feb 10,2017

Net profit of Vindhya Telelinks declined 31.28% to Rs 10.70 crore in the quarter ended December 2016 as against Rs 15.57 crore during the previous quarter ended December 2015. Sales declined 16.79% to Rs 206.78 crore in the quarter ended December 2016 as against Rs 248.51 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales206.78248.51 -17 OPM %14.0014.59 - PBDT19.1826.55 -28 PBT16.0223.88 -33 NP10.7015.57 -31

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Gujarat Carbon & Industries reports standalone net loss of Rs 0.02 crore in the December 2016 quarter
Feb 10,2017

Net Loss of Gujarat Carbon & Industries reported to Rs 0.02 crore in the quarter ended December 2016 as against net loss of Rs 0.11 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Pokarna consolidated net profit declines 16.58% in the December 2016 quarter
Feb 10,2017

Net profit of Pokarna declined 16.58% to Rs 17.36 crore in the quarter ended December 2016 as against Rs 20.81 crore during the previous quarter ended December 2015. Sales declined 5.47% to Rs 91.91 crore in the quarter ended December 2016 as against Rs 97.23 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales91.9197.23 -5 OPM %34.8538.74 - PBDT26.6831.34 -15 PBT21.6826.60 -18 NP17.3620.81 -17

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Uttam Sugar Mills reports standalone net profit of Rs 30.75 crore in the December 2016 quarter
Feb 10,2017

Net profit of Uttam Sugar Mills reported to Rs 30.75 crore in the quarter ended December 2016 as against net loss of Rs 16.40 crore during the previous quarter ended December 2015. Sales declined 4.81% to Rs 225.77 crore in the quarter ended December 2016 as against Rs 237.17 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales225.77237.17 -5 OPM %23.482.83 - PBDT38.41-9.91 LP PBT32.54-15.58 LP NP30.75-16.40 LP

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Sterling Green Woods reports standalone net profit of Rs 0.13 crore in the December 2016 quarter
Feb 10,2017

Net profit of Sterling Green Woods reported to Rs 0.13 crore in the quarter ended December 2016 as against net loss of Rs 0.04 crore during the previous quarter ended December 2015. Sales declined 47.62% to Rs 0.33 crore in the quarter ended December 2016 as against Rs 0.63 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.330.63 -48 OPM %-203.0338.10 - PBDT-0.830.13 PL PBT-1.00-0.04 -2400 NP0.13-0.04 LP

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Axis Rail India standalone net profit rises 11.36% in the December 2016 quarter
Feb 10,2017

Net profit of Axis Rail India rose 11.36% to Rs 0.49 crore in the quarter ended December 2016 as against Rs 0.44 crore during the previous quarter ended December 2015. Sales declined 34.63% to Rs 29.05 crore in the quarter ended December 2016 as against Rs 44.44 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales29.0544.44 -35 OPM %0.102.57 - PBDT1.011.02 -1 PBT0.530.70 -24 NP0.490.44 11

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Citizen Infoline reports standalone net loss of Rs 0.03 crore in the December 2016 quarter
Feb 10,2017

Net loss of Citizen Infoline reported to Rs 0.03 crore in the quarter ended December 2016 as against net profit of Rs 0.11 crore during the previous quarter ended December 2015. Sales declined 24.39% to Rs 0.62 crore in the quarter ended December 2016 as against Rs 0.82 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.620.82 -24 OPM %-11.296.10 - PBDT0.030.12 -75 PBT-0.030.05 PL NP-0.030.11 PL

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Apis India standalone net profit declines 6.95% in the December 2016 quarter
Feb 10,2017

Net profit of Apis India declined 6.95% to Rs 2.81 crore in the quarter ended December 2016 as against Rs 3.02 crore during the previous quarter ended December 2015. Sales rose 2.69% to Rs 36.22 crore in the quarter ended December 2016 as against Rs 35.27 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales36.2235.27 3 OPM %10.5213.95 - PBDT3.914.42 -12 PBT3.714.12 -10 NP2.813.02 -7

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