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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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Rapicut Carbides standalone net profit rises 140.54% in the December 2016 quarter
Feb 13,2017

Net profit of Rapicut Carbides rose 140.54% to Rs 0.89 crore in the quarter ended December 2016 as against Rs 0.37 crore during the previous quarter ended December 2015. Sales rose 26.46% to Rs 11.04 crore in the quarter ended December 2016 as against Rs 8.73 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales11.048.73 26 OPM %13.959.28 - PBDT1.450.71 104 PBT1.290.57 126 NP0.890.37 141

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Lakhotia Polyesters (India) standalone net profit rises 400.00% in the December 2016 quarter
Feb 13,2017

Net profit of Lakhotia Polyesters (India) rose 400.00% to Rs 0.05 crore in the quarter ended December 2016 as against Rs 0.01 crore during the previous quarter ended December 2015. Sales declined 22.44% to Rs 3.87 crore in the quarter ended December 2016 as against Rs 4.99 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3.874.99 -22 OPM %6.984.61 - PBDT0.120.10 20 PBT0.080.06 33 NP0.050.01 400

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PTC India standalone net profit declines 9.08% in the December 2016 quarter
Feb 13,2017

Net profit of PTC India declined 9.08% to Rs 42.57 crore in the quarter ended December 2016 as against Rs 46.82 crore during the previous quarter ended December 2015. Sales rose 7.63% to Rs 3050.65 crore in the quarter ended December 2016 as against Rs 2834.27 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3050.652834.27 8 OPM %1.762.03 - PBDT61.9368.44 -10 PBT61.6067.53 -9 NP42.5746.82 -9

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Catvision standalone net profit declines 77.16% in the December 2016 quarter
Feb 13,2017

Net profit of Catvision declined 77.16% to Rs 0.37 crore in the quarter ended December 2016 as against Rs 1.62 crore during the previous quarter ended December 2015. Sales declined 16.21% to Rs 12.92 crore in the quarter ended December 2016 as against Rs 15.42 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales12.9215.42 -16 OPM %7.5118.03 - PBDT0.662.62 -75 PBT0.532.34 -77 NP0.371.62 -77

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Central Provinces Railways Company reports standalone net loss of Rs 0.04 crore in the December 2016 quarter
Feb 13,2017

Net Loss of Central Provinces Railways Company reported to Rs 0.04 crore in the quarter ended December 2016 as against net loss of Rs 0.02 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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RDB Realty & Infrastructure reports standalone net profit of Rs 1.01 crore in the December 2016 quarter
Feb 13,2017

Net profit of RDB Realty & Infrastructure reported to Rs 1.01 crore in the quarter ended December 2016 as against net loss of Rs 2.06 crore during the previous quarter ended December 2015. Sales rose 10.09% to Rs 3.49 crore in the quarter ended December 2016 as against Rs 3.17 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3.493.17 10 OPM %87.1115.14 - PBDT1.28-1.89 LP PBT1.12-2.06 LP NP1.01-2.06 LP

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PTC Industries standalone net profit rises 18.92% in the December 2016 quarter
Feb 13,2017

Net profit of PTC Industries rose 18.92% to Rs 1.76 crore in the quarter ended December 2016 as against Rs 1.48 crore during the previous quarter ended December 2015. Sales declined 3.23% to Rs 22.75 crore in the quarter ended December 2016 as against Rs 23.51 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales22.7523.51 -3 OPM %18.0717.18 - PBDT3.403.52 -3 PBT1.982.01 -1 NP1.761.48 19

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Kallam Spinning Mills standalone net profit declines 78.87% in the December 2016 quarter
Feb 13,2017

Net profit of Kallam Spinning Mills declined 78.87% to Rs 0.45 crore in the quarter ended December 2016 as against Rs 2.13 crore during the previous quarter ended December 2015. Sales rose 0.86% to Rs 69.50 crore in the quarter ended December 2016 as against Rs 68.91 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales69.5068.91 1 OPM %16.5316.64 - PBDT6.036.53 -8 PBT2.593.16 -18 NP0.452.13 -79

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Chordia Food Products reports standalone net loss of Rs 0.25 crore in the December 2016 quarter
Feb 13,2017

Net loss of Chordia Food Products reported to Rs 0.25 crore in the quarter ended December 2016 as against net profit of Rs 0.11 crore during the previous quarter ended December 2015. Sales rose 31.38% to Rs 12.81 crore in the quarter ended December 2016 as against Rs 9.75 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales12.819.75 31 OPM %3.368.21 - PBDT0.080.41 -80 PBT-0.250.16 PL NP-0.250.11 PL

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Photoquip India ceases to be listed on Ahmedabad Stock Exchange
Feb 13,2017

Photoquip India announced that Ahmedabad Stock Exchange (ASE) has undergoing its exit policy accordingly the Company would be ceased to be listed on Ahmedabad stock exchange with immediate effect.

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NCL Industries declares interim dividend of 10%
Feb 13,2017

NCL Industries announced that the Board of Directors of the Company at its meeting held on 13 February 2017, inter alia, has declared an interim dividend of 10% amounting to Rs. 1/- per Equity share (Face value of Rs. 10/- each) on a paid up capital base of Rs. 3673.28 Lakhs for the Financial year 2016-17.

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Control Print to pay interim dividend
Feb 13,2017

Control Print announced that the dividend will be paid on or after 27 February 2017.

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Dishman Pharmaceuticals and Chemicals to pay interim dividend
Feb 13,2017

Dishman Pharmaceuticals and Chemicals announced that interim dividend shall be paid on and from 25 February 2017.

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New National Urban and Habitat Policy, National Rental Housing Policy and Model Tenancy Act in the works
Feb 13,2017

The Government is drafting a National Urban and Habitat Policy, National Rental Housing Policy and Model Tenancy Act for efficient functioning of the real estate sector and imparting transparency in its working. This was stated by Mr. Rajiv Ranjan Mishra, Joint Secretary, Ministry of Housing and Urban Poverty Alleviation, Government of India.

Mr. Mishra said that budget was critical to the real estate sector as it addressed many of the industrys issues by way of policy and legislative interventions. He said that the government has extended the benefits of affordable housing schemes to middle income groups as well and was now encouraging developers to enter the affordable housing segment by way of granting infrastructure status to it. He added that the government welcomes feedback from the industry to make better and effective policies.

Mr. Suraj Malik, Director - Mergers & Acquisitions, PwC India, said that the key policy announcements made in the Budget 207-18 such as grant of infrastructure status to affordable housing segment; refinancing of individual housing loans by the National Housing Bank and permission to monetize Airport Authority of India owned land, the proceeds of which will received be used for airport upgradation.

He said that the other modifications in the budget such as reduction of the period of holding for immovable property for long term characterization from 36 months to 24 months would have an impact on the sector. Mr. Malik delved on several other amendments and provisions of the budget that would influence the real estate sector both in the short and long term and sought industrys views on them.

Dr. A. Didar Singh, Secretary General, FICCI, said that the government has taken many constructive steps towards making the system transparent and easier to comply with which has resulted in efficient governance. The Budget has implications on various sectors and it was another step towards the reforms agenda of the government. He assured that FICCI would continue to support the initiatives of the government.

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Dishman Pharmaceuticals and Chemicals declares interim dividend of 60%
Feb 13,2017

Dishman Pharmaceuticals and Chemicals announced that a Meeting of the Board of Directors of the Company was held on 13 February 2017, which was commenced at 01:00 PM and concluded at 03:15 PM inter alia, has declared an Interim dividend at 60% (i.e. Rs.1.20 per equity share of Rs. 2.00 each) on 16,13,94,272 equity shares of the Company for the financial year 2016- 2017.

The interim dividend shall be paid to the members entitled thereto, on and from 25 February 2017. The Dividend cheques/warrants would be posted on or after 25 February 2017 and within 30 days from the date of declaration of interim dividend as provided in the Companies Act, 2013.

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