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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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Chamanlal Setia Exports standalone net profit rises 6.80% in the September 2016 quarter
Nov 10,2016

Net profit of Chamanlal Setia Exports rose 6.80% to Rs 10.37 crore in the quarter ended September 2016 as against Rs 9.71 crore during the previous quarter ended September 2015. Sales rose 4.74% to Rs 120.99 crore in the quarter ended September 2016 as against Rs 115.51 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales120.99115.51 5 OPM %13.2314.02 - PBDT16.6215.55 7 PBT15.8614.70 8 NP10.379.71 7

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Kumaka Industries reports standalone net loss of Rs 0.07 crore in the September 2016 quarter
Nov 10,2016

Net Loss of Kumaka Industries reported to Rs 0.07 crore in the quarter ended September 2016 as against net loss of Rs 0.16 crore during the previous quarter ended September 2015. Sales declined 66.67% to Rs 0.01 crore in the quarter ended September 2016 as against Rs 0.03 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.010.03 -67 OPM %-700.00-1666.67 - PBDT-0.07-0.34 79 PBT-0.07-0.37 81 NP-0.07-0.16 56

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Intec Capital standalone net profit declines 93.19% in the September 2016 quarter
Nov 10,2016

Net profit of Intec Capital declined 93.19% to Rs 0.25 crore in the quarter ended September 2016 as against Rs 3.67 crore during the previous quarter ended September 2015. Sales declined 23.87% to Rs 25.54 crore in the quarter ended September 2016 as against Rs 33.55 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales25.5433.55 -24 OPM %58.7369.51 - PBDT0.545.89 -91 PBT0.365.67 -94 NP0.253.67 -93

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DFM Foods standalone net profit declines 3.16% in the September 2016 quarter
Nov 10,2016

Net profit of DFM Foods declined 3.16% to Rs 4.59 crore in the quarter ended September 2016 as against Rs 4.74 crore during the previous quarter ended September 2015. Sales declined 8.26% to Rs 89.03 crore in the quarter ended September 2016 as against Rs 97.05 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales89.0397.05 -8 OPM %9.7210.09 - PBDT7.398.91 -17 PBT5.577.26 -23 NP4.594.74 -3

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National Plastic Industries standalone net profit rises 102.86% in the September 2016 quarter
Nov 10,2016

Net profit of National Plastic Industries rose 102.86% to Rs 0.71 crore in the quarter ended September 2016 as against Rs 0.35 crore during the previous quarter ended September 2015. Sales rose 5.74% to Rs 21.19 crore in the quarter ended September 2016 as against Rs 20.04 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales21.1920.04 6 OPM %7.6510.03 - PBDT1.200.79 52 PBT0.710.35 103 NP0.710.35 103

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Axon Finance reports standalone net loss of Rs 0.18 crore in the September 2016 quarter
Nov 10,2016

Net Loss of Axon Finance reported to Rs 0.18 crore in the quarter ended September 2016 as against net loss of Rs 0.21 crore during the previous quarter ended September 2015. Sales declined 5.43% to Rs 1.22 crore in the quarter ended September 2016 as against Rs 1.29 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1.221.29 -5 OPM %-14.75-16.28 - PBDT-0.18-0.21 14 PBT-0.18-0.21 14 NP-0.18-0.21 14

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I G Petrochemicals standalone net profit rises 55.01% in the September 2016 quarter
Nov 10,2016

Net profit of I G Petrochemicals rose 55.01% to Rs 20.26 crore in the quarter ended September 2016 as against Rs 13.07 crore during the previous quarter ended September 2015. Sales rose 2.96% to Rs 253.74 crore in the quarter ended September 2016 as against Rs 246.44 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales253.74246.44 3 OPM %13.4810.39 - PBDT30.1120.97 44 PBT25.7616.61 55 NP20.2613.07 55

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Anand Projects standalone net profit declines 79.04% in the September 2016 quarter
Nov 10,2016

Net profit of Anand Projects declined 79.04% to Rs 1.35 crore in the quarter ended September 2016 as against Rs 6.44 crore during the previous quarter ended September 2015. Sales declined 76.66% to Rs 37.77 crore in the quarter ended September 2016 as against Rs 161.82 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales37.77161.82 -77 OPM %0.934.66 - PBDT1.366.45 -79 PBT1.356.44 -79 NP1.356.44 -79

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Bajaj Steel Industries reports standalone net loss of Rs 2.34 crore in the September 2016 quarter
Nov 10,2016

Net loss of Bajaj Steel Industries reported to Rs 2.34 crore in the quarter ended September 2016 as against net profit of Rs 5.07 crore during the previous quarter ended September 2015. Sales declined 15.66% to Rs 68.55 crore in the quarter ended September 2016 as against Rs 81.28 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales68.5581.28 -16 OPM %3.1911.97 - PBDT0.438.70 -95 PBT-2.345.66 PL NP-2.345.07 PL

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Jamna Auto Industries consolidated net profit rises 37.25% in the September 2016 quarter
Nov 10,2016

Net profit of Jamna Auto Industries rose 37.25% to Rs 21.00 crore in the quarter ended September 2016 as against Rs 15.30 crore during the previous quarter ended September 2015. Sales declined 13.40% to Rs 270.56 crore in the quarter ended September 2016 as against Rs 312.43 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales270.56312.43 -13 OPM %12.8811.46 - PBDT38.0633.96 12 PBT26.9122.18 21 NP21.0015.30 37

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Apprehensions on Trump to prove wrong; India Inc hails his victory: ASSOCHAM
Nov 10,2016

With his sober, very fair sounding and statesman like demeanor promising a fair deal with the rest of the world, ASSOCHAM expressed confidence that apprehensions linked to Donald Trump would certainly prove wrong even as India Inc looks forward to taking the bilateral economic engagement to a greater level under the new administration.

n++We saw a different Trump who as President elect of the United States of America sounded so conciliatory and sober promising a fair deal with the rest of the world. His words appeared so convincing that the financial markets which were nervous in the beginning recovered quite a ground rightly hoping that the Republican inmate of the White House has a great plan for America up his sleeven++, ASSOCHAM President Sunil Kanoria said in a statement.

He said India Inc can join hands with the Trump Administration in building of the US infrastructure projects. The Indian industry has always been a great companion for the US industries in terms of enhancing value even to the American jobs. A great number of Indian companies servicing the US have been employing the local Americans even as they add to the value proposition in their businesses.

Some of the losses in the Sensex and the currency volatility have also been made up as the world would digest rather happily the new fast changing US political landscape. n++To that extent, we Indians have to enhance our soft power and be counted as a country which complements the US. Change is the name of the game and status quo is getting challenged all over. The key lies in adapting it fast,n++ the ASSOCHAM President said.

As for the local factors having an impact on the financial markets, Kanoria expressed hope that the disruptions to the trade would settle once the banks are geared up to meet the demand for currency swap.

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Larsen & Toubro Infotech announces change in directorate and company secretary
Nov 10,2016

Larsen & Toubro Infotech announced change in directorate approved at the Board meeting on 09 November 2016 -

Sanjeev Aga appointed as Non Executive Independent Director with effect from 09 November 2016.

Sudhir Chaturvedi appointed as Whole Time Director with effect from 09 November 2016.

Aftab Ziad Ullah appointed as Whole Time Director with effect from 09 November 2016.

Appointed Rajesh S Narang as Company Secretary with effect from 10 November 2016 in place of Subramanya Bhatt who resigned as Company Secretary.

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Bosch rides higher on the back of stellar Q2 show
Nov 10,2016

The result was announced after market hours yesterday, 9 November 2016.

Meanwhile, the S&P BSE Sensex was up 308.44 points or 1.13% at 27,560.97.

On BSE, so far 452 shares were traded in the counter as against average daily volume of 1,776 shares in the past one quarter. The stock hit a high of Rs 22,310 and a low of Rs 21,685 so far during the day. The stock had hit a 52-week high of Rs 25,649.95 on 10 August 2016. The stock had hit a 52-week low of Rs 15,752.65 on 12 February 2016. The stock underperformed the market over the past one month till 9 November 2016, dropping 7.96% compared with the Sensexs 2.88% fall. The scrip also underperformed the market in past one quarter, declining 15.93% as against the Sensexs 2.96% decline.

The large-cap company has equity capital of Rs 31.40 crore. Face value per share is Rs 10.

Bosch announced that the board of directors yesterday, 9 November 2016, approved with effect from 1 January 2017, resignation of Dr. Steffen Berns, Managing Director consequent to assuming new position in Robert Bosch, Germany. The board redesignated Soumitra Bhattacharya, Joint Managing Director as Managing Director of the company from 1 January 2017 to 20 June 2020.

In India, Bosch is a leading supplier of technology and services in the areas of mobility solutions, industrial technology, consumer goods, and energy and building technology. Bosch is the flagship company of the Bosch Group in India. Robert Bosch GMBH holds 70.49% stake in the firm as on 28 October 2016.

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Advance Syntex to announce HY results
Nov 10,2016

Advance Syntex announced that the Meeting of the Board of Directors of the Company is scheduled to be held on 14 November 2016, to consider and approve Unaudited Financial Results for the Half Year ended 30 September 2016.

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Dish TV India shifts registered office
Nov 10,2016

Dish TV India announced that regarding the update on shifting of registered office of the Company from National Capital Territory of Delhi to the State of Maharashtra.

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