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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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Mukesh Steels reports standalone net loss of Rs 0.15 crore in the September 2016 quarter
Dec 19,2016

Net Loss of Mukesh Steels reported to Rs 0.15 crore in the quarter ended September 2016 as against net loss of Rs 0.95 crore during the previous quarter ended September 2015. Sales reported to Rs 0.30 crore in the quarter ended September 2016. There were no Sales reported during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.300 0 OPM %-46.670 - PBDT-0.13-0.88 85 PBT-0.15-0.97 85 NP-0.15-0.95 84

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Tirupati Industries (India) standalone net profit declines 45.16% in the September 2016 quarter
Dec 19,2016

Net profit of Tirupati Industries (India) declined 45.16% to Rs 0.17 crore in the quarter ended September 2016 as against Rs 0.31 crore during the previous quarter ended September 2015. Sales rose 19.76% to Rs 14.18 crore in the quarter ended September 2016 as against Rs 11.84 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales14.1811.84 20 OPM %3.675.66 - PBDT0.270.41 -34 PBT0.250.38 -34 NP0.170.31 -45

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Orbit Corporation reports consolidated net loss of Rs 7.30 crore in the September 2016 quarter
Dec 19,2016

Net Loss of Orbit Corporation reported to Rs 7.30 crore in the quarter ended September 2016 as against net loss of Rs 106.29 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Orbit Corporation reports standalone net loss of Rs 6.58 crore in the September 2016 quarter
Dec 19,2016

Net Loss of Orbit Corporation reported to Rs 6.58 crore in the quarter ended September 2016 as against net loss of Rs 97.89 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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ACI Infocom standalone net profit rises 150.00% in the September 2016 quarter
Dec 19,2016

Net profit of ACI Infocom rose 150.00% to Rs 0.05 crore in the quarter ended September 2016 as against Rs 0.02 crore during the previous quarter ended September 2015. Sales rose 1379.17% to Rs 3.55 crore in the quarter ended September 2016 as against Rs 0.24 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales3.550.24 1379 OPM %-2.25-25.00 - PBDT0.070.02 250 PBT0.070.02 250 NP0.050.02 150

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City Online Services standalone net profit rises 2000.00% in the September 2016 quarter
Dec 19,2016

Net profit of City Online Services rose 2000.00% to Rs 0.21 crore in the quarter ended September 2016 as against Rs 0.01 crore during the previous quarter ended September 2015. Sales rose 55.18% to Rs 4.64 crore in the quarter ended September 2016 as against Rs 2.99 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales4.642.99 55 OPM %7.113.01 - PBDT0.270.14 93 PBT0.210.01 2000 NP0.210.01 2000

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Innoventive Industries reports standalone net loss of Rs 55.22 crore in the September 2016 quarter
Dec 19,2016

Net Loss of Innoventive Industries reported to Rs 55.22 crore in the quarter ended September 2016 as against net loss of Rs 43.99 crore during the previous quarter ended September 2015. Sales rose 6.61% to Rs 95.01 crore in the quarter ended September 2016 as against Rs 89.12 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales95.0189.12 7 OPM %-5.767.27 - PBDT-39.34-28.13 -40 PBT-55.22-43.99 -26 NP-55.22-43.99 -26

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Adi Rasayan reports standalone net profit of Rs 0.04 crore in the September 2016 quarter
Dec 19,2016

Net profit of Adi Rasayan reported to Rs 0.04 crore in the quarter ended September 2016 as against net loss of Rs 0.02 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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REI Agro reports standalone net loss of Rs 66.30 crore in the September 2016 quarter
Dec 19,2016

Net Loss of REI Agro reported to Rs 66.30 crore in the quarter ended September 2016 as against net loss of Rs 131.48 crore during the previous quarter ended September 2015. Sales declined 83.48% to Rs 17.61 crore in the quarter ended September 2016 as against Rs 106.62 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales17.61106.62 -83 OPM %-197.50-39.84 - PBDT-40.26-105.15 62 PBT-66.30-131.48 50 NP-66.30-131.48 50

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Opto Circuits (India) and its subsidiaries secure order worth Rs 91 crore
Dec 19,2016

Opto Circuits (India) and its subsidiaries have received an order worth Rs 91 crore from Philips Health Care for various products manufactured by Opto Group of Companies.

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Granules Indian provides update on USFDA inspection of Granules OmniChems Vizag facility
Dec 19,2016

Granules Indian announced that Granules OmniChem facility (a 50:50 joint venture company of Granules India and Ajinimoto OmniChem) located at Vizag, Andhra Pradesh completed its first inspection by USFDA with seven observation. Granules OmniChem will respond to these observations within stipulated time period. This facility currently manufactures API intermediates.

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Oil India fixes record date for bonus issue
Dec 19,2016

Oil India has fixed 13 January 2017 as the Record Date for the purpose of ascertaining the eligibility of shareholders for issuance of Bonus shares in the ratio of 1:3 (i.e. 1(one) bonus equity shares of Rs .10/- each for every 3 (three) existing fully paid up equity share of Rs 10/- each, subject to the approval of shareholders.

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PTL Enterprises gets High Court approval for scheme of demerger
Dec 19,2016

PTL Enterprises announced that the scheme of demerger of Medicare and Healthcare Undertaking of PTL Enterprises into Artemis Global Life Sciences (formerly known as PTL Projects ) was sanctioned by the Honble High Court of Kerala on 16 December 2016.

The Company is yet to receive the certified copy of the order from the Honble High Court of Kerala for the same.

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City Union Bank opens new branch at Kuniamuthur in Coimbatore
Dec 19,2016

City Union Bank opened its 527th branch at Kuniamuthur in Coimbatore on 19 December 2016.

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Cipla receives ANDA approval for Fenofibrate Tablets
Dec 19,2016

Cipla has received final approval for its Abbreviated New Drug Application (ANDA) for Fenofibrate Tablets USP 48mg and 145mg, from the United States Food and Drug Administration (USFDA).

Fenofibrate Tablets, USP 48mg and 145mg, are AB-rated generic equivalents of AbbVies Tricorn++ Tablets and are indicated as adjunctive therapy to diet to reduce elevated low-density lipoproteincholesterol (LDL-C), total cholesterol (Total-C), Triglycerides and apolipoprotein B(Apo B), and to increase high-density lipoprotein cholesterol (HDL-C) in adult patients with primary hypercholesterolemia or mixed dyslipidemia.

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