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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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Bharat Petroleum Corporation announces change in company secretary
Mar 01,2017

Bharat Petroleum Corporation announced that M. Venugopal has taken over as Company Secretary of the Company with effect from 01 March 2017, in place of S. V. Kulkami, who superannuated from the services of the Company on 28 February 2017. M Venugopal will also act as Compliance Officer of the Company.

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National Aluminium Company announces cessation of director
Mar 01,2017

National Aluminium Company announced that Soma Monda, Director (Commercial) has ceased to be Director on the Board of the Company with effect from 01 March 2017 consequent upon her appointment of Director (Commercial) SAIL.

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Jagran Prakashan provides update on subsidiary - Music Broadcast
Mar 01,2017

Jagran Prakashan announced that its subsidiary, Music Broadcast has commenced broadcast from its Radio Station at Bikaner (which was acquired under Phase III auctions held last financial year).

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Tata Motors announces sales figures
Mar 01,2017

Tata Motors passenger and commercial vehicle total sales (includingexports) in February 2017 were at 47,573 vehicles, higher by 2% over 46,674 vehicles sold in February 2016. The companys domestic sales of Tata commercial and passenger vehicles for February 2017 were at 42,679 nos., higher by 3%, over 41,532 nos., in February 2016. Cumulative sales (including exports) of the company for the fiscal was at 485,415 nos., higher by 6% over 458,648 vehicles, sold last year.

The companys sales from exports was at 4,894 nos. in February 2017, a decline of 5% (owing to lower PV shipment) compared to 5,142 vehicles sold in February 2016. The cumulative sales from exports for the fiscal was at 58,362 nos., higher by 13%, over 51,679 nos., sold last year.

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Lupin launches generic Temovate (Clobetasol Propionate) Scalp application, 0.05%
Mar 01,2017

Lupin announced that it has launched Clobetasol Propionate Topical Solution USP, 0.05% having received an approval from the United States Food and Drug Administration earlier to market a generic version of Fougera Pharmaceuticals Temovate (Clobetasol Propionate) Scalp application, 0.05%.

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Bharat Financial Inclusion allots 26,035 equity shares
Mar 01,2017

Bharat Financial Inclusion has on 01 March 2017 allotted 26,035 equity shares of Rs.10/- each to the employees of the Company who have exercised options under various Stock Option Plans. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects. We request you to take the above on the record and acknowledge receipt.

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Charter for SEAMECs vessel REVELATION ends
Mar 01,2017

SEAMEC announced that the Charter for its vessel REVELATION with Resolve Salvage and Fire (Asia) ended on 01 March 2017.

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Wockhardts stepdown subsidiary Morton Grove Pharmaceuticals receives Warning Letter
Mar 01,2017

Wockhardt announced that the U.S. Food and Drug Administration (USFDA) has issued a Warning Letter to Morton Grove Pharmaceuticals Inc., USA, a stepdown Subsidiary of the Company. This would mean that current portfolio of the Company will continue to be made available in the market. However, new approvals will be withheld till resolution. The Company, with the help of the Consultants, has already initiated appropriate measures since last several months to address the issues raised by USFDA.

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Thomas Cook (India) allots 36178 equity shares
Mar 01,2017

Thomas Cook (India) announced that the Nomination and Remuneration Committee of the Board of Directors, vide resolution dated 1 March 2017 allotted 36178 Equity Shares under the Thomas Cook Employees Stock Option Plan 2007 and 1728 Equity Shares under the SHRIL ESOS 2012.

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TVS Motor Company announces sales figures
Mar 01,2017

TVS Motor Company posted sales of 211,470 units in the month of February 2017 as against 219,467 units recorded in the month of February 2016.

Total two-wheelers registered sales of 206,247 units in February 2017 as against 211,148 units in February 2016. Domestic two-wheelers recorded sales of 172,611 units in February 2017 as against 183,199 units recorded in February 2016.

Scooters sales grew by 2.9% from 67,089 units in the month of February 2016 to 69,020 units in the month of February 2017. Motorcycles recorded sales of 58,994 units in February 2017 as against 77,093units registered in the month of February 2016.

Three-wheeler of the Company registered sales of 5,223 units in February 2017 as against 8,319 units in February 2016.

The Companys total exports increased by 9.8% with sales growing from 34,804 units in the month of February 2016 to 38,215 units recorded in the month of February 2017. Two-wheeler exports grew by 20.3% with sales increasing from 27,949 units registered in February 2016 to 33,636 units registered in February 2017.

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Sheela Foam receives revision in credit ratings
Mar 01,2017

Sheela Foam has received upgradation in long term rating of CRISIL A+/ Stable (revised from CRISIL A / Positive) from CRISIL.

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Rane Brake Lining announces new website
Mar 01,2017

Rane Brake Lining has announced its new website - www.ranegroup.com

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Board of TCI Industries allots preference shares to Promoter
Mar 01,2017

TCI Industries announced that the Share Allotment Committee of the Board of Directors of the Company at its meeting held on 01 March 2017 has issued and allotted 6753, 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs. 100/- (Rupees Hundred only) each at a premium of Rs. 300/- (Rupees Three Hundred only) each to Promoter of the Company.

As the Company has allotted Non-Convertible Redeemable Preference Shares, there is no change in the paid-up equity share capital of the Company. The said shares shall not be convertible into equity shares, accordingly, the same shall not be listed with any Stock Exchange. The Exchange is hereby requested to take note of and disseminate the same.

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Tata Metaliks resumes operations of mini blast furnace (no.1)
Mar 01,2017

Tata Metaliks announced that the shutdown work with respect to one of the Companys mini blast furnace (no. 1) is over and the same has become operations from 01 March 2017.

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Tata Consultancy Services provides update on buyback of shares
Mar 01,2017

Tata Consultancy Services announced that promoters and promoter group company have communicated their intention to participate in the proposed buyback of upto 561,40,351 equity shares.

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