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Future Enterprises standalone net profit rises 615.37% in the June 2016 quarter

Future Enterprises standalone net profit rises 615.37% in the June 2016 quarter

Sep 14,2016

Net profit of Future Enterprises rose 615.37% to Rs 315.48 crore in the quarter ended June 2016 as against Rs 44.10 crore during the previous quarter ended June 2015. Sales declined 67.64% to Rs 921.19 crore in the quarter ended June 2016 as against Rs 2846.84 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales921.192846.84-68
OPM %24.969.91-
PBDT295.07184.1360
PBT142.3249.92185
NP315.4844.10615

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Board of Sylph Technologies approves resignation of company secretary
Jan 06,2017

Sylph Technologies announced that the Board in its meeting held on 06 January 2017 has approved the resignation of Chhaya Lakhmani from the post of Company Secretary & Compliance Officer.

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Himadri Speciality Chemical grants stock options
Jan 06,2017

Himadri Speciality Chemical announced that the Nomination & Remuneration Committee (Committee) at its meeting concluded on 05 January 2017 has granted 13,04,600 (Thirteen Lakhs Four Thousand Six Hundred) Options to its employees under the Himadri Employee Stock Option Plan 2016 (ESOP 2016/ Plan).

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Board of TCI Developers to consider Q3 and 9M results
Jan 06,2017

TCI Developers announced that the next Meeting of the Board of Directors of the Company has been scheduled to take place on 31 January 2017 to interalia consider and approve the un-audited Financial Results for the 3rd Quarter/Nine Months ended 31 December 2016.

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Transport Corporation of India fixes record date for 2nd interim dividend
Jan 06,2017

Transport Corporation of India has fixed 10 February 2017 as the Record Date for the purpose of Payment of Second Interim Dividend, if declared.

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Board of Transport Corporation of India to consider Q3 and 2nd interim dividend
Jan 06,2017

Transport Corporation of India announced that the next Meeting of the Board of Directors of the Company has been scheduled to take place on 02 February 2017 to interalia consider and approve the un-audited Financial Results for the 3rd Quarter/Nine Months ended 31 December 2016 (Q3).

The Board may also consider payment of second interim dividend, if any, for the FY 2016-17 in the said meeting.

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Stampede Capital fixes record date for issue of Bonus DVR equity shares
Jan 06,2017

Stampede Capital has fixed 11 January 2017 as the Record Date for the purpose of lssue of Bonus Differential Voting Right Equity Shares (DVR Equity Shares) will be issued in the ratio of 1:4, i.e. 1 (One) Bonus DVR Equity share of Rs. 1 each for every 4 (Four) existing fully paid-up ordinary equity shares of face value of Rs. 1/- each of the Company by way of capitalization of Reserves/share premium account.

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Dr. Jitendra Singh release 2017 Calendar of North Eastern Council
Jan 06,2017

The Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh released the 2017 Calendar of the North Eastern Council here today. The North-East Council Calendar for 2017 carries the theme of n++seasonal fruitsn++ in different parts of the year.

Dr. Jitendra Singh announced the formation of exclusive n++North-Eastern Tourism Development Counciln++ (NETDC) on a public-private partnership (PPP) mode under the auspices of Union Ministry of DoNER. He said that this is for the first time that the Government has decided to set up a separate tourism development agency, devoted to a particular region of the country. The Minister said that the setting up of an exclusive North-Eastern Tourism Council is also a reflection of the high priority that the Union Government accords to the development of the peripheral States of Northeast.

Dr Jitendra Singh said that North-Eastern Tourism Council is yet another addition to several new initiatives undertaken with regard to North East. For instance, setting up of n++Venture Fundn++ as initial capital assistance for any young entrepreneur or start-up who wishes to launch an establishment or venture in the North-Eastern region and setting up of n++Dr A.P.J. Abdul Kalam Centre for Policy Research & Analysisn++ at the Indian Institute of Management (IIM), Shillong, he added.

The Minister said that the n++North-East Road Sector Development Schemen++ (NERSDS) is also region-based road development programme in India which has proved to be a great blessing for maintenance, construction and upgradation of such roads, which remain neglected either because of being low in the priority or being interconnecting roads between two States as a result of which they remain un-owned and had thus gained the dubious distinction of being described as n++orphan roadsn++.

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ABC India director resigns
Jan 06,2017

ABC India announced that Dr. Ashok Kumar Agarwal, Director of the Company has resigned from the Board of Directors of the Company with effect from 06 January 2017 due to his personal reasons.

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FPIs selling vigour ebbs
Jan 06,2017

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 39.14 crore into the secondary equity markets on 5 January 2017, much lower than their net outflow of Rs 691.99 crore during the preceding trading session on 4 January 2017. The net outflow of Rs 39.14 crore on 5 January 2017 was a result of gross purchases of Rs 4542.58 crore and gross sales of Rs 4581.72 crore. On that day, the Sensex gained 245.11 points or 0.92% to settle at 26,878.24, its highest closing level since 10 November 2016.

There was a net outflow of Rs 3.73 crore from the category primary market & others on 5 January 2017, which was a result of gross purchases of Rs 0.37 crore and gross sales of Rs 4.10 crore.

FPIs have sold stocks worth a net Rs 2152.62 crore in January 2017 so far (till 5 January 2017). They sold stocks worth a net Rs 8960.36 crore into the secondary equity markets in December 2016. FPIs had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.

There has been a net outflow of Rs 151.86 crore from FPIs from the category primary market & others in January 2017 so far (till 5 January 2017). There was a net inflow of Rs 784.07 crore from FPIs into the category primary market & others in December 2016. The net inflow from FPIs into category primary markets & others had totaled Rs 8471.76 crore in calendar year 2016.

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Board of Foseco India to consider December quarter results and final dividend for FY 2016
Jan 06,2017

Foseco India announced that a Meeting of the Board of Directors of the Company will be held on 08 February 2017, to inter alia, consider, approve and take on record the Audited Financial Results of the Company for the quarter and year ended 31 December 2016 and also to consider, if thought fit, to recommend the final dividend for the financial year ended 31 December 2016.

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JSW Energy secures order from Power Company of Karnataka
Jan 06,2017

JSW Energy has successfully secured an order from Power Company of Karnataka (PCKL) for supply of 650 MW upto 31 May 2017 for short term sale of power.

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Pokarna Engineered Stone parters with IKEA India
Jan 06,2017

Pokarna announced that its wholly owned subsidiary, Pokarna Engineered Stone has partnered IKEA India, to serve as its exclusive quartz surfaces supply and installation partner. Under the agreement, Pokarna will supply engineered quartz surfaces countertop and will also undertake measuring, planning, installation and home delivery of its products to IKEAs customers.

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Source Natural Foods & Herbal Supplements provides update on holding company
Jan 06,2017

Source Natural Foods & Herbal Supplements announced that the Companys holding Company has informed the Company that its name is changed from Sumeru Ayurveda to Sriveda Sattva.

The Certificate of Incorporation issued by the Registrar of Companies, Karnataka pursuant to change of name is enclosed herewith.

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Titan Securities announces change in directorate
Jan 06,2017

Titan Securities announced that Vikas Sharma had resigned from the post of Director. Further, Ravinder Gupta has been appointed as Additional Director (Non-Executive, Independent) with effect from 12 December 2016 to hold office upto the date of the ensuing Annual General Meeting of the Company.

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BEML gets in-principal approval for divestment of GoIs 26% stake
Jan 06,2017

BEML announced that the Government of India, Ministry of Defence, has communicated in-principal approval of the Cabinet Committee on Economic Affairs (CCEA) of the Government of India, for strategic disinvestment of 26% equity shares in BEML out of Government of India shareholding of 54.03%. The said shareholding would be sold to the strategic buyer/s to be identified by the Government of India by following due procedure.

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