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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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Hong Kong Stocks hit 18-month high
Feb 20,2017

The Hong Kong stock market advanced modestly on Monday, 20 February 2017, sending the benchmark indices to their highest level since August 215, as new rules giving Chinese insurers greater access to Hong Kong stocks and a crackdown on risky products at home pushing mainland funds into the former British colony. The benchmark Hang Seng Index climbed 0.47% or 112.34 points higher to 24,146.08, the highest since August 2015 and the third straight close above 24,000. The Hang Seng China Enterprises Index, or the H-share index, was up 0.82% or 85.35 points to 10,445.48. Turnover decreased to HK$78.1 billion from HK$86.3 billion on Friday.

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China Stocks gains on pension fund reports
Feb 20,2017

Mainland China stock market settled higher on Monday, 20 February 2017, with gains led by wine makers and banks, after media reports said pension funds may begin flowing into the countrys stock markets as early as this week. Investor sentiment was also supported by new rules unveiled by regulators late on Friday to restrict excessive and frequent fundraising by some listed companies. At the close, the blue-chip CSI300 index, which tracks large companies in Shanghai or Shenzhen, advanced 1.46% to close at 3,471.39. The Shanghai Composite Index added 1.18% to close at 3,239.96. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, increased 0.9% to 1962.53. The ChiNext Index, which tracks Chinas NASDAQ-style board of growth enterprises, rose 0.64% to 1,894.96 points.

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Nikkei settles 0.1% up
Feb 20,2017

The Japan share market settled above the boundary level after recouping initial losses on Monday, 20 February 2017, as the yen lost some of its early strength and gains in select blue chip stocks including Bridgestone and SoftBank Group. The 225-issue Nikkei average gained 16.46 points, or 0.09%, to close at 19,251.08. The Topix index of all first-section issues finished up 2.47 points, or 0.16%, at 1,547.01.

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Australia Market fall 0.2%
Feb 20,2017

Australian equity market ended down on Monday, 20 February 2017, weighed down by selloff in energy and materials stocks. Meanwhile weak earnings from logistics company Brambles and engineering and services contractor WorleyParsons also sparked heavy selling. At the close, the benchmark S&P/ASX 200 index dropped 10.70 points, or 0.18%, of 5,795.10, while the broader All Ordinaries index declined 10.50 points, or 0.18%, to 5,840.50.

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TVS Motor Company introduces 2 new, exciting colours for TVS WEGO
Feb 20,2017

TVS Motor Company has launched two new colours (Metallic Orange and T-Grey) for its popular scooter, TVS WEGO. The refreshed WEGO models now get a BSIV compliant 110 cc CVTI engine and additional features like a dual tone seat cover, silver oak panels and a USB charging port. The 2 new colours will be offered across the entire TVS WEGO product range.

Priced at Rs. 50,434 (Ex-Showroom Delhi), the refreshed range of TVS WEGO will be available at select TVS Motor Company showrooms across the country.

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MoU signed between NSFDC, M/O SJ&E & Development Commissioner (Handicrafts), M/O of Textiles
Feb 20,2017

A Memorandum of Understanding (MoU) was signed between the National Scheduled Castes Finance and Development Corporation NSFDC, Ministry of Social Justice and Empowerment and Development Commissioner (Handicrafts), Ministry of Textiles.

The basic objective of the MoU is to help Scheduled Caste artisans and their families by promoting production and marketing of high value quality Handicrafts products at cluster level in the field of Handicrafts, Cane & Bamboo, Artificial jewellery, Textiles (Hand printed, Hand Embroidery), Dolls & Toys, Stone Carving, Footwear, etc.

Handicrafts Sector is the second largest economic activity after agriculture. There are around 12 lakh scheduled castes artisans in the country. Most of the Scheduled Caste Artisans are pursuing various Handicrafts such as Cane & Bamboo in Assam, Textiles (Hand printed) in Gujarat & Punjab, Metal wares in Uttar Pradesh, Dolls & Toys in Karnataka, Theatre Costumes & Puppets in Andhra Pradesh etc.

In this endeavor, both the MoU signing parties shall popularize the schemes of DC (Handicrafts) amongst the SC artisans through Awareness Programmes and advertisements in electronic/print media in artisan concentrated areas and collaborate for capacity building including skill upgradation and economic development of SC artisans and their families for achieving the desired outcome.

Exhibitions/Fairs shall be organized by both the parties for providing marketing assistance to SC artisans for enhancing their earnings. Both the parties shall also organize relevant skill development programmes for upgradation of skills of the Scheduled Caste Artisans in clusters and also for sharing knowledge and experience. These efforts will provide marketing linkage to SC artisans/entrepreneurs in the country.

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Siemens wins order worth Rs 287 crore
Feb 20,2017

Siemens and Siemens Rail Automation S.A.U Spain have jointly won an order worth Rs. 287 crore, out of which Siemenss share is Rs. 146 crore (all inclusive). Siemens is to supply state-of-the-art signaling technology for the first two metro lines of the Nagpur Metro i.e. the North-South and the East-West Corridors. The project comprises the deployment and installation of the Siemens communications-based traincontrol (CBTC) solution Trainguard MT for 38.2 kilometers of double track with 36 stations and two depots, as well as onboard equipment for 23 three-cars trains.

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Dynamic Industries standalone net profit rises 169.23% in the December 2016 quarter
Feb 20,2017

Net profit of Dynamic Industries rose 169.23% to Rs 0.35 crore in the quarter ended December 2016 as against Rs 0.13 crore during the previous quarter ended December 2015. Sales rose 33.69% to Rs 10.08 crore in the quarter ended December 2016 as against Rs 7.54 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales10.087.54 34 OPM %7.647.16 - PBDT0.741.05 -30 PBT0.520.83 -37 NP0.350.13 169

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Polygenta Technologies reports standalone net loss of Rs 10.82 crore in the December 2016 quarter
Feb 20,2017

Net Loss of Polygenta Technologies reported to Rs 10.82 crore in the quarter ended December 2016 as against net loss of Rs 15.59 crore during the previous quarter ended December 2015. Sales declined 0.28% to Rs 14.22 crore in the quarter ended December 2016 as against Rs 14.26 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales14.2214.26 0 OPM %-58.86-60.73 - PBDT-7.12-11.85 40 PBT-10.82-15.59 31 NP-10.82-15.59 31

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Mudunuru standalone net profit rises 57.14% in the December 2016 quarter
Feb 20,2017

Net profit of Mudunuru rose 57.14% to Rs 0.22 crore in the quarter ended December 2016 as against Rs 0.14 crore during the previous quarter ended December 2015. Sales rose 233.07% to Rs 4.23 crore in the quarter ended December 2016 as against Rs 1.27 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales4.231.27 233 OPM %9.4640.16 - PBDT0.380.51 -25 PBT0.180.28 -36 NP0.220.14 57

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REI Agro reports standalone net loss of Rs 111.73 crore in the December 2016 quarter
Feb 20,2017

Net Loss of REI Agro reported to Rs 111.73 crore in the quarter ended December 2016 as against net loss of Rs 135.59 crore during the previous quarter ended December 2015. Sales declined 91.48% to Rs 9.49 crore in the quarter ended December 2016 as against Rs 111.40 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales9.49111.40 -91 OPM %-160.91-59.42 - PBDT-70.24-109.57 36 PBT-96.39-135.93 29 NP-111.73-135.59 18

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Hira Automobile standalone net profit rises 18.18% in the December 2016 quarter
Feb 20,2017

Net profit of Hira Automobile rose 18.18% to Rs 0.26 crore in the quarter ended December 2016 as against Rs 0.22 crore during the previous quarter ended December 2015. Sales rose 22.88% to Rs 93.34 crore in the quarter ended December 2016 as against Rs 75.96 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales93.3475.96 23 OPM %3.102.59 - PBDT0.770.60 28 PBT0.420.25 68 NP0.260.22 18

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Avon Lifesciences reports standalone net loss of Rs 6.26 crore in the December 2016 quarter
Feb 20,2017

Net Loss of Avon Lifesciences reported to Rs 6.26 crore in the quarter ended December 2016 as against net loss of Rs 7.43 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 as against Rs 5.56 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales05.56 -100 OPM %0-38.31 - PBDT-4.81-6.38 25 PBT-6.26-7.43 16 NP-6.26-7.43 16

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ICSA (India) reports standalone net loss of Rs 5.69 crore in the December 2016 quarter
Feb 20,2017

Net Loss of ICSA (India) reported to Rs 5.69 crore in the quarter ended December 2016 as against net loss of Rs 4.60 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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Eastern Gases standalone net profit rises 4.00% in the December 2016 quarter
Feb 20,2017

Net profit of Eastern Gases rose 4.00% to Rs 0.78 crore in the quarter ended December 2016 as against Rs 0.75 crore during the previous quarter ended December 2015. Sales rose 8.57% to Rs 77.04 crore in the quarter ended December 2016 as against Rs 70.96 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales77.0470.96 9 OPM %3.444.58 - PBDT1.061.32 -20 PBT0.780.75 4 NP0.780.75 4

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