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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 Castrol India appoints company secretary
Dec 16,2016

Castrol India announced that the Board of Directors at their Meeting held on 16 December 2016 have approved the appointment of Chandana Dhar as the Company Secretary and Compliance Officer of the Company with effect from 12 January 2017, upon the recommendation of the Nomination and Remuneration Committee.

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India Tourism Development Corporation announces cessation of director
Dec 16,2016

India Tourism Development Corporation announced that the term of office of Dr Usha Kiran Rai, the Independent Director of the Company has expired.

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CG-Vak Software & Exports announces appointment of company secretary
Dec 16,2016

CG-Vak Software & Exports announced Harcharan. J, Member of the Institute of Company Secretaries of India, has been appointed as the Company Secretary and Compliance Officer of the Company w.e.f 15 December 2016

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Outcom of board meeting of Surat Textile Mills
Dec 16,2016

The Board of Directors of Surat Textile Mills at its meeting held on 16 December 2016 has decided to defer the proposal for subscription of convertible warrants aggregating Rs 30 crore proposed to be issued by Garden Silk in favour of the Company on preferential basis.

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D S Kulkarni Developers announces resignation of Executive Director
Dec 16,2016

D S Kulkarni Developers announced that Shirish Deepak Kulkarni, Executive Director of the Company has resigned from his duties w.e.f. 16 December 2016.

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Outcome of board meeting of Anubhav Infrastructure
Dec 16,2016

Anubhav Infrastructure announced that the Board of Directors of the Company at its meeting held on 16 December 2016 approved the migration of the Company from BSE SME segment to Main Board of BSE.

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Shares of TCI Express get listed on NSE and BSE
Dec 16,2016

The equity shared of TCI Express are now listed on NSE and BSE with effect from 15 December 2016. The stock listed at an opening value of Rs 369.25 on NSE and Rs 367.95 on BSE. The closing price was Rs 351.95 per share on NSE and Rs 350.55 per share on BSE.

Earlier this year, the Company demerged from its parent company, TCI, to form a separate business entity focusing on express delivery services.

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Cyient allots equity shares
Dec 16,2016

Cyient announced that 21,613 equity shares have been allotted to the associates of the Company, upon exercise of the stock options under the Associate Stock Option Plan.

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Jumbo Bag announces resignaiton of company secretary
Dec 16,2016

Jumbo Bag announced that R. Kavitha has relieved from the position of Company Secretary cum Compliance officer of the Company with effect from 15 December 2016.

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Indian Overseas Bank announces cessation of director
Dec 16,2016

Indian Overseas Bank A B D Badushas, Part-time Non-Official Director of the Bank, demitted office on 11 December 2016 on completion of his term of office.

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Board of Rubfila International cancels EGM
Dec 16,2016

Rubfila International announced that the Board of Directors of the Company has decided to cancel the Extra Ordinary General Meeting (EGM) of the Company scheduled to be held on 21 December 2016 due to some regulatory impediment.

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Board of Kothari World Finance appoints directors
Dec 16,2016

Kothari World Finance announced that the Board of Directors of the Company at its meeting held on 16 December 2016 appointed Vivek Mhatre and Atheva Mayekar as Additional Director of the Company followed by their appointment as Independent Director of the Company subject to shareholders approval through Postal Ballot.

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Tata Power Company appoints director
Dec 16,2016

Tata Power Company announced that the Board, at its meeting held on 16 December 2016, has appointed S. Padmanabhan as Additional Director of the Company with immediate effect.

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China Stocks edge up
Dec 16,2016

Mainland China stock market managed to eke out gains after early losses on Friday, 16 December 2016, on easing concerns over liquidity crunch in the banking system after reports Chinas central bank has pumped 600 billion yuan into the financial system over the past two days to stabilize the bond and stock markets. Sectors were mixed, with infrastructure and healthcare recovered some losses early this week, while banks and materials continued to lag on the dollars strength. The Shanghai Composite Index added 0.17% to 3,122.98, while the Shenzhen Composite Index, which tracks stocks on Chinas second exchange, added 0.95% to 1,991.64. The ChiNext Index, which tracks Chinas NASDAQ-style board of growth enterprises, jumped 1.13% to close at 1,998.11 points. For the week, the Shanghai Composite Index was down 3.4%, its worst retreat in nearly eight months.

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Nikkei hits new one-year high
Dec 16,2016

The Japan share market closed at fresh one-year high on Friday, 16 December 2016, as the yen depreciation to upper 118 level against greenback boosted exporters, meanwhile Japan financials were benefited from rising yields for global government bonds. The benchmark Nikkei 225 index added 0.66 per cent, or 127.36 points, marking its highest closing level since December 2015. The broader Topix index of all first-section shares was up 0.52 per cent, or 7.95 points, to finish at 1,550.67

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