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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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Brigade Enterprises announces change in CFO
Jul 31,2017

Brigade Enterprises announced that Suresh K has resigned from the post of CFO with effect from 31 July 2017. The Company has appointed K P Pradeep as CFO and KMP with effect from 04 August 2017.

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Future Consumer allots 29,476,462 equity shares
Jul 31,2017

Future Consumer announced that Srishti Mall Management Company has been allotted 29,476,462 equity shares of Rs. 6/- each, on 31 July, 2017, pursuant to exercise of its right to convert the warrants issued and allotted on preferential basis.

Consequent to allotment of equity shares as aforesaid, the paid-up share capital of the Company stands increased to Rs. 10,151,812,200/- comprising of 1,691,968,700 equity shares of Rs. 6/- each.

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EPFOs tie-up with Banks to collect EPFO dues & to make payments of PF withdrawals, pension & insurance to EPFO beneficiaries
Jul 31,2017

Employees Provident Fund Organisation (EPFO) has tied up/entered into arrangement agreement with ten banks to collect EPFO dues and to make payments of Provident Fund (PF) withdrawals, pension and insurance to EPFO beneficiaries. These banks are State Bank of India, Punjab National Bank, Indian Bank, Allahabad Bank, Union Bank of India, Bank of Baroda, HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank.

The main objective of the multi banking arrangement is to provide more options to the employers to remit the Employees Provident Fund (EPF) contribution directly from their bank accounts. This will not only make them cost effective but also ensure real time transfer of funds through net banking.

In order to provide social security benefits to the workers in the unorganised sector, the Government has enacted the Unorganised Workers Social Security Act, 2008. The said Act stipulates formulation of suitable welfare schemes for unorganised workers on matters relating to: (i) life and disability cover, (ii) health and maternity benefits, (iii) old age protection and (iv) any other benefit as may be determined by the Central Government through the National Social Security Board. In this regard, various schemes have been formulated by the line Ministries at the Centre to provide social security cover to the unorganized workers.

The review of various welfare initiatives is an ongoing process like revision in the threshold limit for coverage under the Payment of Bonus Act, 1965 and Employees State Insurance Act, 1948, enhancement of the benefit payable under the Employees Deposit Linked Insurance Scheme, revision of minimum wages in the Central sphere, enhancement of paid maternity leave, etc.

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Reliance Power consolidated net profit declines 32.20% in the June 2017 quarter
Jul 31,2017

Net profit of Reliance Power declined 32.20% to Rs 230.85 crore in the quarter ended June 2017 as against Rs 340.49 crore during the previous quarter ended June 2016. Sales declined 1.62% to Rs 2635.24 crore in the quarter ended June 2017 as against Rs 2678.68 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales2635.242678.68 -2 OPM %44.1742.63 - PBDT514.96565.72 -9 PBT326.92419.01 -22 NP230.85340.49 -32

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Grovy India reports standalone net loss of Rs 0.07 crore in the June 2017 quarter
Jul 31,2017

Net Loss of Grovy India reported to Rs 0.07 crore in the quarter ended June 2017 as against net loss of Rs 0.01 crore during the previous quarter ended June 2016. There were no Sales reported in the quarter ended June 2017 as against Rs 0.63 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales00.63 -100 OPM %0-3.17 - PBDT-0.07-0.01 -600 PBT-0.07-0.01 -600 NP-0.07-0.01 -600

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Reliance Power standalone net profit declines 6.57% in the June 2017 quarter
Jul 31,2017

Net profit of Reliance Power declined 6.57% to Rs 17.07 crore in the quarter ended June 2017 as against Rs 18.27 crore during the previous quarter ended June 2016. Sales declined 1.69% to Rs 14.00 crore in the quarter ended June 2017 as against Rs 14.24 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales14.0014.24 -2 OPM %-93.21-52.18 - PBDT22.4822.42 0 PBT18.3418.27 0 NP17.0718.27 -7

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JK Paper standalone net profit rises 125.47% in the June 2017 quarter
Jul 31,2017

Net profit of JK Paper rose 125.47% to Rs 60.11 crore in the quarter ended June 2017 as against Rs 26.66 crore during the previous quarter ended June 2016. Sales rose 4.21% to Rs 632.07 crore in the quarter ended June 2017 as against Rs 606.51 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales632.07606.51 4 OPM %24.2118.81 - PBDT119.8368.64 75 PBT90.1938.82 132 NP60.1126.66 125

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Axtel Industries standalone net profit declines 50.72% in the June 2017 quarter
Jul 31,2017

Net profit of Axtel Industries declined 50.72% to Rs 1.02 crore in the quarter ended June 2017 as against Rs 2.07 crore during the previous quarter ended June 2016. Sales declined 11.16% to Rs 12.89 crore in the quarter ended June 2017 as against Rs 14.51 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales12.8914.51 -11 OPM %13.0317.44 - PBDT1.572.73 -42 PBT1.022.07 -51 NP1.022.07 -51

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Bharat Electronics standalone net profit rises 247.24% in the June 2017 quarter
Jul 31,2017

Net profit of Bharat Electronics rose 247.24% to Rs 125.32 crore in the quarter ended June 2017 as against Rs 36.09 crore during the previous quarter ended June 2016. Sales rose 98.36% to Rs 1694.55 crore in the quarter ended June 2017 as against Rs 854.30 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales1694.55854.30 98 OPM %9.64-4.58 - PBDT235.3492.05 156 PBT179.2748.59 269 NP125.3236.09 247

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Tech Mahindra consolidated net profit declines 0.60% in the June 2017 quarter
Jul 31,2017

Net profit of Tech Mahindra declined 0.60% to Rs 791.79 crore in the quarter ended June 2017 as against Rs 796.54 crore during the previous quarter ended June 2016. Sales rose 6.00% to Rs 7336.10 crore in the quarter ended June 2017 as against Rs 6920.93 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales7336.106920.93 6 OPM %12.7414.84 - PBDT1308.431245.21 5 PBT1061.591043.33 2 NP791.79796.54 -1

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Kilpest India consolidated net profit rises 1575.00% in the June 2017 quarter
Jul 31,2017

Net profit of Kilpest India rose 1575.00% to Rs 0.67 crore in the quarter ended June 2017 as against Rs 0.04 crore during the previous quarter ended June 2016. Sales rose 59.09% to Rs 4.20 crore in the quarter ended June 2017 as against Rs 2.64 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales4.202.64 59 OPM %26.1916.29 - PBDT0.940.28 236 PBT0.820.17 382 NP0.670.04 1575

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Aptech consolidated net profit rises 160.81% in the June 2017 quarter
Jul 31,2017

Net profit of Aptech rose 160.81% to Rs 1.93 crore in the quarter ended June 2017 as against Rs 0.74 crore during the previous quarter ended June 2016. Sales declined 10.97% to Rs 51.63 crore in the quarter ended June 2017 as against Rs 57.99 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales51.6357.99 -11 OPM %8.584.59 - PBDT5.013.27 53 PBT2.190.74 196 NP1.930.74 161

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Vantage Corporate Services to hold AGM
Jul 31,2017

Vantage Corporate Services announced that the 26th Annual General Meeting (AGM) of the company will be held on 30 September 2017.

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Rosekamal Textiles to conduct AGM
Jul 31,2017

Rosekamal Textiles announced that the 32nd Annual General Meeting (AGM) of the company will be held on 22 September 2017.

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Punctual Trading to announce Quarterly Result
Jul 31,2017

Punctual Trading will hold a meeting of the Board of Directors of the Company on 11 August 2017, for approval of Quarterly Result for period ended 30.06.17.

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