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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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Zee Media Corporation to hold AGM
Jun 10,2017

Zee Media Corporation announced that the 18th Annual General Meeting (AGM) of the company will be held on 9 August 2017.

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Indian Sucrose to hold board meeting
Jun 10,2017

Indian Sucrose will hold a meeting of the Board of Directors of the Company on 16 June 2017.

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Sanathnagar Enterprises announces resignation of director
Jun 09,2017

Sanathnagar Enterprises announces resignation of Babusingh Rajguru as Director of the Company w.e.f. 01 June 2017.

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Godrej Industries allots 129,508 equity shares
Jun 09,2017

Godrej Industries allotted 129,508 equity shares of face value of Re 1 each under ESOP on 09 June 2017. With this allotment, the paid up equity share capital is 33,62,69,294 equity shares of Re 1 each.

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Scanpoint Geomatics secures project from Pune Municipal Corporation
Jun 09,2017

Scanpoint Geomatics has been awarded a project for Base Map preparation, Implementation and Post implementation of Enterprise GIS Application for Pune Municipal Corporation. The aggregate value of orders received by the Company is Rs. 3.81 crore.

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Gokaldas Exports makes investment of GBP 750008 in Yepme UK
Jun 09,2017

Gokaldas Exports has invested GBP 750008 (Rs 6.26 crore) by transferring the same to the Yepme UK on 8 June, 2017.

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Board of SQS India BFSI approves change in CFO
Jun 09,2017

The Board of Directors of SQS India BFSI on 09 June 2017 has inter-alia:

1)Has accepted the resignation of Vaidyanathan. N as Chief Financial Officer (Key Managerial Personnel) with effect from 09 June 2017. However, Mr. Vaidyanathan. N will continue to hold the position as Executive Director (Key Managerial Personnel) on the Board of the Company.

2)Has appointed Ramaseshan. K (ACA 204201) as Chief Financial Officer (Key Managerial Personnel) with effect from 09 June 2017.

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N R Agarwal Industries shifts registered office
Jun 09,2017

N R Agarwal Industries has shifted its registered office from 415-418, Janki Centre, 29 Shah Industrial Estate, Off Veera Desai Road, Andheri West, Mumbai 40053 to 502-A/501-B, Fortune Terraces, 5th Floor, Opp. City Mall, New Link Road, Andheri (West) Mumbai-400053 with effect from 08 June 2017.

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Indian Overseas Bank reduces base rate
Jun 09,2017

Indian Overseas Bank has reduced Base Rate to 9.45% from the existing of 9.50% effective from 01 July 2017.

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Preliminary Report of Crop Coverage in the Kharif Season
Jun 09,2017

Preliminary reports of crop coverage in the Kharif season have started coming in. The total sown area as on 9th June 2017, as per reports received from States, stands at 81.33 lakh hectare as compared to 72.31 lakh hectare at this time last year. 

It is reported that rice has been sown/transplanted in 5.51 lakh ha, pulses in 1.64 lakh ha, sugarcane in 47.39 lakh hectare and cotton in 14.06 lakh ha.

 The details of the area covered so far and that covered during this time last year are given below: 

Lakh hectare 

CropArea sown in 2017-18Area sown in 2016-17Rice5.514.52Pulses1.641.20Coarse Cereals4.593.89Oilseeds1.270.94Sugarcane47.3944.82Jute & Mesta6.887.07Cotton14.069.88Total81.3372.31

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New Projects Inaugurated at Kamarajar Port in Tamil Nadu
Jun 09,2017

The Union Minister of Shipping, Road Transport & Highways Shri Nitin Gadkari has said that an investment of Rs 2 lakh 50000 crore is being made in Tamil Nadu under Sagarmala. Of this Rs.39,000 crore will be for port modernization, Rs.55,000 crore for port connectivity and Rs.1,50,000 crore for port led industrialization. The minister said this at Kamarajar Port in Chennai, where he inaugurated several new projects.

The projects include a New Container Terminal worth Rs.1270 crore, a new multi cargo terminal worth Rs.151 crores, Railway line to Container and Multi cargo terminal worth Rs. 60 crore, and RFID system worth Rs.11.82 crore. Shri Gadkari said the work being done under Sagarmala is estimated to create about 2 lakh direct jobs in the state in the next two years.

The Development of New Container Terminal project will provide more container handling facility for traders, it will also facilitate the new industries and ancillaries in the vicinity of the port, provide new job opportunities and will give boost to local economy.

The development of New Cargo Terminal project will provide more multi -cargo handling facility for traders, the new industries and ancillaries in the vicinity of the port and will boost the local economy. The New Container Terminal will also provide job opportunities.

The Rail Connectivity to Container and Multi Cargo Terminal project will improve cargo movement through rail route. The terminal will also reduce the logistic cost and reduce the load on roads and decongest the nearby roads for the benefit of general public.

The implementation of RFID System project will enhance the Ease of doing Business for traders. The RFID system will lead to reduction of time and congestion in cargo traffic and enhance the port operations.

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High Ground Enterprise announces resignation of director
Jun 09,2017

High Ground Enterprise has announced the resignation of Paul A. Taylor Non Executive Independent Director of the Company.

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HPL Electric & Power issues commercial paper aggregating Rs 100 crore
Jun 09,2017

HPL Electric & Power has issued commercial paper of Rs 100 crore on 08 June 2017.

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Gati plans for conversion and redemption of FCCBs
Jun 09,2017

Gati has plans for conversion and redemption of FCCBs, as per the conversion notices received from the FCCB Bondholders. The Board will consider the proposal on 14 June 2017.

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Tata Motors announces group wholesales figures
Jun 09,2017

The Tata Motors Group global wholesales in May 2017, including Jaguar Land Rover, were at 86,385 nos., lower by 1%, over May 2016.

Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range in May 2017 were at 28,310 nos., lower by 13%, over May 2016.

Global wholesales of all passenger vehicles in May 2017 were at 58,075 nos., higher by 6%, compared to May 2016.

Global wholesales for Jaguar Land Rover were 47,131 vehicles. Jaguar wholesales for the month were 12,652 vehicles, while Land Roverwholesales for the month were 34,479 vehicles.

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