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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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Kotak Mahindra Bank gets RBI approval to set up its first overseas branch
Nov 11,2016

Kotak Mahindra Bank announced that it has received Reserve Bank of Indias approval to set up its branch in Dubai International Financial Centre (DIFC), Dubai. This will be the first international branch of Kotak. The approval from RBI is subject to the necessary approvals to be received from the host regulator viz., Dubai Financial Services Authority (DFSA).

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PTC Industries announces change in directorate
Nov 11,2016

PTC Industries announced that the Board of Directors of the Company at its meeting held on 11 November 2016 has re-designated Sachin Agarwal, MD as Chairman & MD with effect from 11 November 2016 on sad demise of Satish Chandra Agarwal, Chairman of the Company on 07 October 2016.

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Bronze Trading announces change in registered office
Nov 11,2016

Bronze Trading announced that the Registered office of the Company has Shifted from SCO 2, Madhya Marg, Sector 26, Chandigarh - 160019 to 12/2, Ajanta Commercial Centre, A wing, 4th Floor, Income Tax, Ahmedabad - 380014.

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Tata Teleservices (Maharashtra) announces total subscriber numbers
Nov 11,2016

Tata Teleservices (Maharashtra) reported total subscribers at 96,06,900 as on 31 October 2016. These included 34,18,954 subscribers in Mumbai and 63,87,946 subscribers in Maharashtra.

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North Eastern Carrying Corporation consolidated net profit rises 3.03% in the September 2016 quarter
Nov 11,2016

Net profit of North Eastern Carrying Corporation rose 3.03% to Rs 1.70 crore in the quarter ended September 2016 as against Rs 1.65 crore during the previous quarter ended September 2015. Sales declined 3.07% to Rs 124.24 crore in the quarter ended September 2016 as against Rs 128.18 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales124.24128.18 -3 OPM %3.713.87 - PBDT3.123.30 -5 PBT2.502.41 4 NP1.701.65 3

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Zenith Exports director resigns
Nov 11,2016

Zenith Exports announced that Raj Kumar Loyalka has been resigned from the post of Director of the Company, w.e.f. 10 November 2016.

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Lovable Lingerie standalone net profit rises 5.01% in the September 2016 quarter
Nov 11,2016

Net profit of Lovable Lingerie rose 5.01% to Rs 4.61 crore in the quarter ended September 2016 as against Rs 4.39 crore during the previous quarter ended September 2015. Sales rose 10.80% to Rs 53.25 crore in the quarter ended September 2016 as against Rs 48.06 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales53.2548.06 11 OPM %8.9415.56 - PBDT5.637.44 -24 PBT4.896.79 -28 NP4.614.39 5

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Gayatri BioOrganics reports standalone net loss of Rs 19.95 crore in the September 2016 quarter
Nov 11,2016

Net loss of Gayatri BioOrganics reported to Rs 19.95 crore in the quarter ended September 2016 as against net profit of Rs 0.28 crore during the previous quarter ended September 2015. Sales declined 71.53% to Rs 7.35 crore in the quarter ended September 2016 as against Rs 25.82 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales7.3525.82 -72 OPM %-8.7113.94 - PBDT-2.560.81 PL PBT-3.090.28 PL NP-19.950.28 PL

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Shristi Infrastructure Development Corporation standalone net profit declines 30.16% in the September 2016 quarter
Nov 11,2016

Net profit of Shristi Infrastructure Development Corporation declined 30.16% to Rs 0.44 crore in the quarter ended September 2016 as against Rs 0.63 crore during the previous quarter ended September 2015. Sales rose 8.40% to Rs 22.84 crore in the quarter ended September 2016 as against Rs 21.07 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales22.8421.07 8 OPM %41.9022.78 - PBDT0.710.95 -25 PBT0.650.93 -30 NP0.440.63 -30

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Sagar Productions reports standalone net profit of Rs 0.04 crore in the September 2016 quarter
Nov 11,2016

Net profit of Sagar Productions 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. Sales reported to Rs 1.65 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. Sales1.650 0 OPM %2.420 - PBDT0.04-0.02 LP PBT0.04-0.02 LP NP0.04-0.02 LP

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PG Foils standalone net profit declines 61.53% in the September 2016 quarter
Nov 11,2016

Net profit of PG Foils declined 61.53% to Rs 4.69 crore in the quarter ended September 2016 as against Rs 12.19 crore during the previous quarter ended September 2015. Sales rose 16.78% to Rs 57.15 crore in the quarter ended September 2016 as against Rs 48.94 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales57.1548.94 17 OPM %10.347.62 - PBDT7.293.64 100 PBT6.142.99 105 NP4.6912.19 -62

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Kovai Medical Center & Hospital standalone net profit rises 59.42% in the September 2016 quarter
Nov 11,2016

Net profit of Kovai Medical Center & Hospital rose 59.42% to Rs 17.01 crore in the quarter ended September 2016 as against Rs 10.67 crore during the previous quarter ended September 2015. Sales rose 17.16% to Rs 136.36 crore in the quarter ended September 2016 as against Rs 116.39 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales136.36116.39 17 OPM %24.4820.59 - PBDT32.0021.75 47 PBT26.1716.71 57 NP17.0110.67 59

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Outcome of board meetin of Gujarat Alkalies & Chemicals
Nov 11,2016

Gujarat Alkalies & Chemicals announced that the Board of Directors of the Company at its meeting held on 10 November 2016 has considered the revised Draft Project Report due to change in location of the project to D -II/9, Dahej and approved the establishment of a 266667 MTPA Caustic Soda Plant along with 130 ME Captive Power plant at a revised project cost of Rs 1936.90 crore. The Board also approved the setting up of caustic pumping and transfer facility along with procurement of wagons under Liberalised Wagon Investment Scheme of India Railways for transportation of Caustic Soda to Nalco-Damanjodi site at a total cost of Rs 62.70 crore in the JV Company. Thus, the total cost of the project would be 1999.60 crore.

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Outcome of board meeting of Gujarat Alkalies & Chemicals
Nov 11,2016

Gujarat Alkalies & Chemicals announced that the Board of Directors of the Company at its meeting held on 10 November 2016 has considered the revised Draft Project Report due to change in location of the project to D -II/9, Dahej and approved the establishment of a 266667 MTPA Caustic Soda Plant along with 130 ME Captive Power plant at a revised project cost of Rs 1936.90 crore. The Board also approved the setting up of caustic pumping and transfer facility along with procurement of wagons under Liberalised Wagon Investment Scheme of India Railways for transportation of Caustic Soda to Nalco-Damanjodi site at a total cost of Rs 62.70 crore in the JV Company. Thus, the total cost of the project would be 1999.60 crore.

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Board of Gujarat Alkalies & Chemicals approves to put up solar power plant
Nov 11,2016

Gujarat Alkalies & Chemicals announced that the Board of Directors of the Company at its meeting held on 10 November 2016 has approved to put up a 15 MW Solar Power Plant on EPC basis at an estimated project cost of Rs. 100 crore.

The project cost shall be funded from internal accruals / surplus generated from internal operations and need based gap, if any, shall be met from External Commercial Borrowings (ECB) or Rupee Term Loans.

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