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Surya Industrial Corporation to hold AGM

Surya Industrial Corporation to hold AGM

Sep 14,2016

Surya Industrial Corporation announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Persistent Systems recognised for IoT Technology competency
Aug 07,2017

Persistent Systems has been recognized for IoT Technology competency in Zinnov Zones 2017 - IoT Technology Services Report. The Company rated Established and Expansive for overall IoT competency and placed in leadership zones for Platform and Application Competency, Big Data Management and Analytics Services.

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Wockhardt receives ANDA approval for Oxacillin Injection
Aug 07,2017

Wockhardt has received approval from the United States Food & Drug Administration (US FDA) for an ANDA for 1gm, and 2gm injections of Oxacillin.

Oxacillin is a penicillanase-resistant beta-lactam antibiotic and is used to treat many different infections caused by penicillin-resistant Staphylococcal and other bacterial infections, such as Urinary Tract Infections, Respiratory Tract Infections, Septicemia, Wound Infection, Bacterial meningitis etc.

Wockhardt is expected to launch this product in the United States, soon. The product is being manufactured at a contract manufacturing facility, based near Milan, Italy.

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Bank of Baroda in spotlight after nod for fund raising
Aug 07,2017

Bank of Baroda (BOB) said that its board on 5 August 2017, approved issuance of AT-1 Capital Bonds compliant with Basel III Capital Regulations of the Reserve Bank of India for minimum amount of Rs 500 crore with Green Shoe Option of total issuance not to exceed Rs 1500 crore. This is within overall Board approved limit of Rs 3000 crore for AT-1 Bonds, filed with the stock exchanges on 27 May 2017. The announcement was made on Saturday, 5 August 2017.

Separately, BOB announced on Saturday, 5 August 2017 that it has decided to keep its marginal cost of funds based lending rate (MCLR) at the existing level in between 8.1% and 8.65% for tenors ranging from overnight to five years with effect from 7 August 2017.

IndusInd Bank said it has recently inaugurated its first branch in Faridkot, Punjab. With the inauguration of this branch, the bank now has 101 branches in the state of Punjab. The announcement was made after market hours on Friday, 4 August 2017.

Wipro announced the availability of Data Discovery Platform, its big data analytics-as-a-service solution on Microsoft Azure. The solution accelerates insight-driven decision making through pre-built applications for specific industries, such as banking and financial services, retail, energy, education and manufacturing. The announcement was made before market hours today, 7 August 2017.

Maruti Suzuki India announced that its total production rose 14.78% to 1.56 lakh units in July 2017 over July 2016. The announcement was made after market hours on Friday, 4 August 2017.

ONGC said it has bought 80% Participating Interest (PI) and operatorship in NELP-III Block KG-OSN-2001/3 (Block) of Gujarat State Petroleum Corporation (GSPC) in Krishna Godavari Basin offshore. GSPC remains in the Block holding 10% PI which it acquired from the outgoing partner Geo Global Resources and other partner in the block is Jubilant Offshore Drilling with 10% PI. The announcement was made after market hours on Friday, 4 August 2017.

ONGC and GSPC had entered into a Farm-in- Farm-out Agreement (FIFO) on 10 March 2017 to firm up the methodology and modus operandi to give effect to this transaction.

Following approval of Government of India for transfer of PI and Operatorship as per provisions of the Production Sharing Contract, ONGC on Friday, 4 August 2017 has taken over the Block against a purchase consideration of $995.26 million for Deen Dayal West Field in the Block. ONGC has also made an advance payment of $200 million to GSPC in respect of future consideration for six discoveries other than Deen Dayal West Field, which will be adjusted upon valuation of the these discoveries subsequent to approval of their Field Development Plan by Management Committee of the Block.

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Jamna Auto Industries to announce Quarterly Result
Aug 05,2017

Jamna Auto Industries will hold a meeting of the Board of Directors of the Company on 12 August 2017, to inter-alia, consider, approve and take on record the un-audited financial results of the Company for the quarter ended on June 30, 2017.

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Manvijay Development Company to conduct AGM
Aug 05,2017

Manvijay Development Company announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2017.

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Osiajee Texfab to discuss results
Aug 05,2017

Osiajee Texfab will hold a meeting of the Board of Directors of the Company on 11 August 2017, for approval of Unaudited Financial Results for the quarter ended 30th June, 2017

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MRO-TEK Realty to hold AGM
Aug 05,2017

MRO-TEK Realty announced that the 33rd Annual General Meeting (AGM) of the company will be held on 28 September 2017.

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Arman Financial Services consolidated net profit declines 67.25% in the June 2017 quarter
Aug 05,2017

Net profit of Arman Financial Services declined 67.25% to Rs 0.94 crore in the quarter ended June 2017 as against Rs 2.87 crore during the previous quarter ended June 2016. Sales rose 10.00% to Rs 13.97 crore in the quarter ended June 2017 as against Rs 12.70 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales13.9712.70 10 OPM %47.3270.79 - PBDT1.524.46 -66 PBT1.444.41 -67 NP0.942.87 -67

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Comfort Commotrade standalone net profit declines 90.00% in the June 2017 quarter
Aug 05,2017

Net profit of Comfort Commotrade declined 90.00% to Rs 0.02 crore in the quarter ended June 2017 as against Rs 0.20 crore during the previous quarter ended June 2016. Sales rose 2118.52% to Rs 5.99 crore in the quarter ended June 2017 as against Rs 0.27 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales5.990.27 2119 OPM %-7.5174.07 - PBDT0.030.29 -90 PBT0.020.28 -93 NP0.020.20 -90

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Nitin Spinners standalone net profit rises 3.50% in the June 2017 quarter
Aug 05,2017

Net profit of Nitin Spinners rose 3.50% to Rs 12.73 crore in the quarter ended June 2017 as against Rs 12.30 crore during the previous quarter ended June 2016. Sales rose 48.43% to Rs 287.25 crore in the quarter ended June 2017 as against Rs 193.53 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales287.25193.53 48 OPM %14.3915.96 - PBDT33.4325.21 33 PBT19.3015.36 26 NP12.7312.30 3

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Saral Mining reports standalone nil net profit/loss in the June 2017 quarter
Aug 05,2017

Saral Mining reported no net profit/loss in the quarter ended June 2017 and during the previous quarter ended June 2016. There were no Sales reported in the quarter ended June 2017 and during the previous quarter ended June 2016.

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Aarcon Facilities reports standalone net loss of Rs 0.02 crore in the June 2017 quarter
Aug 05,2017

Net Loss of Aarcon Facilities reported to Rs 0.02 crore in the quarter ended June 2017 as against net loss of Rs 0.03 crore during the previous quarter ended June 2016. There were no Sales reported in the quarter ended June 2017 as against Rs 0.01 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales00.01 -100 OPM %0-800.00 - PBDT-0.02-0.03 33 PBT-0.02-0.03 33 NP-0.02-0.03 33

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Hawa Engineers standalone net profit rises 38.71% in the June 2017 quarter
Aug 05,2017

Net profit of Hawa Engineers rose 38.71% to Rs 0.43 crore in the quarter ended June 2017 as against Rs 0.31 crore during the previous quarter ended June 2016. Sales declined 0.63% to Rs 14.29 crore in the quarter ended June 2017 as against Rs 14.38 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales14.2914.38 -1 OPM %6.234.10 - PBDT0.620.47 32 PBT0.430.31 39 NP0.430.31 39

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Presha Metallurgical reports standalone nil net profit/loss in the June 2017 quarter
Aug 05,2017

Presha Metallurgical reported no net profit/loss in the quarter ended June 2017 and during the previous quarter ended June 2016. There were no Sales reported in the quarter ended June 2017 and during the previous quarter ended June 2016.

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B N Rathi Securities standalone net profit declines 21.57% in the June 2017 quarter
Aug 05,2017

Net profit of B N Rathi Securities declined 21.57% to Rs 0.40 crore in the quarter ended June 2017 as against Rs 0.51 crore during the previous quarter ended June 2016. Sales declined 1.02% to Rs 3.90 crore in the quarter ended June 2017 as against Rs 3.94 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales3.903.94 -1 OPM %7.4410.66 - PBDT0.600.83 -28 PBT0.550.76 -28 NP0.400.51 -22

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