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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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NBCC (India) provides business update
Dec 06,2016

NBCC (India) has secured total business of Rs 24694.23 crore in the month of November 2016.

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Export of Oilmeals down by 27% in April - November 2016
Dec 06,2016

The Solvent Extractors Association of India has compiled the export data for export of oilmeals for the month of November 2016. The export of oilmeals during November 2016 is reported at 108,342 tons compared to 120,059 tons. The overall export of oilmeals during April to November 2016 is reported at 662,489 tons compared to 903,624 tons during the same period of last year i.e. down by 27% due to lesser availability of oilseeds for crushing and continuous disparity in exporting soybean meal in International Market.

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Ballarpur Industries slips after net loss widens in Q2
Dec 06,2016

The result was announced before market hours today, 6 December 2016.

Meanwhile, the S&P BSE Sensex was up 113.29 points or 0.51% at 26,486.08.

On the BSE, 2.78 lakh shares were traded on the counter so far as against average daily volume of 5.84 lakh shares in the past one quarter. The stock had hit a high of Rs 16.05 and a low of Rs 15.10 so far during the day.

The small-cap company has an equity capital of Rs 131.10 crore. Face value per share is Rs 2.

Ballarpur Industries net total income from operations fell 56.56% to Rs 461.76 crore in Q2 September 2016 over Q2 September 2015.

The Ballarpur Group is the largest manufacturer of writing and printing paper in India.

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Venkys (India) slumps after reporting weak Q2 results
Dec 06,2016

The result was announced during market hours today, 6 December 2016.

Meanwhile, the BSE Sensex was up 100.44 points, or 0.38%, to 26,449.54.

More than usual volumes were witnessed on the counter. On the BSE, 30,088 shares were traded in the counter so far, compared with an average volume of 14,689 shares in the past one quarter. The stock had hit a high of Rs 501 and a low of Rs 460.15 so far during the day.

The small-cap company has an equity capital of Rs 14.09 crore. Face value per share is Rs 10.

The VH Group, known the world over as Venkys. is the largest fully integrated poultry group in Asia.

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Future Retail gets buyers attention after turnaround Q2 results
Dec 06,2016

The result was announced during market hours today, 6 December 2016.

Meanwhile, the BSE Sensex was up 100.44 points, or 0.38%, to 26,449.54.

On the BSE, 78,173 shares were traded in the counter so far, compared with an average volume of 29,888 shares in the past one quarter. The stock hit a high of Rs 130 and a low of Rs 120.20 so far during the day.

The mid-cap company has an equity capital of Rs 94.27 crore. Face value per share is Rs 2.

Future Retails total income from operations jumped 1062.96% to Rs 4191.45 crore in Q2 September 2016 over Q2 September 2015.

Future Retail operates multiple retail formats in both the hypermarket, supermarket and home segments of the Indian consumer market including Big Bazaar, Fashion at Big Bazaar, Food Bazaar, Foodhall, HomeTown and eZone.

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Government of India takes policy decisions to encourage cashless/electronic transactions
Dec 06,2016

In the recent years, advancements in banking technology, progress in mobile banking and innovative technologies to facilitate digital payments have enabled large number of small denomination transactions to be handled smoothly in electronic mode. The Government of India has taken policy decisions encouraging cashless/electronic transactions.

In its endeavour on moving towards the electronic payments, the Central Government Ministries/Departments have been crediting the salary and other payments for the majority of its employees electronically, direct into the designated bank accounts of the employees. Given the progress made in banking technology, it is assumed that each employee would be in possession of a Debit/ATM card linked to his/her bank account. Ensuring and encouraging Government Employees to maximise the usage of Debit cards for personal related transactions instead of cash would go a long way serving with the employees serving as ambassadors for the digital push and also motivate, encourage the general public in taking-up the cause.

All Ministries/Departments are requested to encourage their employees to make use of Debit Cards for personal related transactions instead of cash. Ministries/Departments should liaise with their accredited banks and set-up special camps to facilitate obtaining of and ensure that all its employees are in possession of Debit Cards. Ministries/Departments may also issue similar advisories to their attached/subordinate offices, PSUs, Autonomous Bodies etc.

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Era Infra Engineering to announce September quarter results
Dec 06,2016

Era Infra Engineering announced that a meeting of the Board of Directors of the Company is scheduled to be held on 10 December 2016, to consider, approve the Un-Audited Quarterly Financial Results for the quarter ended on 30 September 2016 among other things.

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Board of Thomas Cook (India) to consider issue of debt securities
Dec 06,2016

Thomas Cook (India) announced that a meeting of the Board of Directors of the Company will be held on 13 December 2016, inter alia, to consider and approve:

1. Issue of debt securities including Non-Convertible Debentures;

2. Postal Ballot Notice or convening of General Meeting for obtaining shareholders approval for such matters as they deem necessary including for issuance of debt securities through permitted mode.

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Outcome of board meeting of Majestic Research Services & Solutions
Dec 06,2016

Majestic Research Services & Solutions announced that the Board of Directors of the Company at its meeting held on 06 December 2016, the following business were considered and transacted among other businesses:

- Board considered and adopted the Prospectus offering 8,76,00 Equity Shares of face value of Rs. 10/- each fully paid for cash at a price of Rs.114/- per Equity Share (including Share Premium of Rs.104 per Equity Share) aggregating upto Rs.9.98 crore through Book built issue.

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Volumes jump at Intellivate Capital Ventures counter
Dec 06,2016

Intellivate Capital Ventures clocked volume of 24.81 lakh shares by 13:20 IST on BSE, a 24805.92-times surge over two-week average daily volume of 100 shares. The stock fell 4.91% at Rs 40.65.

Max Financial Services notched up volume of 3.36 lakh shares, a 21.95-fold surge over two-week average daily volume of 15,000 shares. The stock was down 0.04% at Rs 544.70.

Tata Chemicals saw volume of 1.88 lakh shares, a 4.27-fold surge over two-week average daily volume of 44,000 shares. The stock jumped 5.16% at Rs 499.75.

NTPC clocked volume of 10.11 lakh shares, a 4.17-fold surge over two-week average daily volume of 2.42 lakh shares. The stock gained 1.82% at Rs 165.10.

Crompton Greaves saw volume of 17.65 lakh shares, a 4.15-fold rise over two-week average daily volume of 4.25 lakh shares. The stock dropped 0.51% at Rs 68.65.

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Harmony Capital Service announces change in registered office
Dec 06,2016

Harmony Capital Service announced that after approval of the Regional Director (NWR), Ahmedabad, the registered office of the Company has shifted from Jaipur, state of Rajasthan to Mumbai, State of Maharashtra.

Now Address of New Registered Office is :

HARMONY CAPIAL SERVICES

OFFICE NO. 8A, 8th FLOOR,
ASTRAL CENTRE,
470B, N. M. JOSHI MARG,
CHINCHPOKLI - WEST,
MUMBAI-400 011.
TELEPHONE NO. 022-2300 1206

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Rudraksh Cap-Tech renamed as Alexander Stamps and Coin
Dec 06,2016

Rudraksh Cap-Tech announced that the Company have got the confirmation of the name of the Company has been changed from RUDRAKSH CAP TECH to ALEXANDER STAMPS AND COIN and that the Company is limited by shares from ROC on 06 December 2016. The Company had got the address change from Maharashtra to Gujarat confirmation also from ROC few months back. Now the Company is keen in developing this Company and will be taking this company to a different level from here.

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Pennar Engineered Building Systems incorporates subsidiary in US
Dec 06,2016

Pennar Engineered Building Systems announced that the Company has formed a subsidiary by the name PEBS Pennar LLC in United States of America (USA) for expansion of Companys Engineering Business.

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Sahyadri Industries gets revision in credit ratings
Dec 06,2016

Sahyadri Industries announced that CRISIL has reviewed the credit ratings of the Company -

Long term rating - CRISIL BB/ Stable (Downgraded from CRISIL BB+/Stable)

Short term rating - CRISIL A4+ (Reaffirmed)

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Board of Blue Circle Services decides to enter new business of agriculture / farming products
Dec 06,2016

Blue Circle Services announced that the Board of Directors of the Company at its meeting held on 06 December 2016 has decided to enter into new business segment of agriculture / farming products. The Company will start its activities into said agri-segment soon and will also commence marketing of agri products.

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