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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 Rockon Enterprises appoints company secretary and compliance officer
Feb 08,2017

Rockon Enterprises announced that the Board of Directors of the company at its meeting held on 08 February 2017 has appointed Kajol Tak as Company Secretary and Compliance Officer with effect from 08 February 2017.

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Board of Coastal Corporation approves investment of Rs 5 cr for acquisition of land
Feb 08,2017

The Board of Directors of Coastal Corporation at its meeting held on 08 February 2017 has approved an investment of Rs 5 crore to acquire land in the name of the Company.

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Board of Skipper appoints company secretary and compliance officer
Feb 08,2017

The Board of Directors of Skipper at its meeting held on 08 February 2017 has appointed Manish Agarwal as Company Secretary and Compliance Officer of the Company with effect from 08 February 2017.

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Outcome of board meeting of Stellant Securities (India)
Feb 08,2017

Stellant Securities (India) announced that the Board of Directors of the Company at their meeting held on 08 February 2017, inter alia, decided to Allot of 7,40,480 equity shares of Rs. 10 each to the eligible shareholders as on 03 February 2017 in place of 37,02,401 equity shares of Rs. 10 each pursuant to reduction of capital duly approved by Honble High Court of Bombay vide order dated 18 November 2016.

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Board of Megri Soft decides to acquire 9.43% stake in Kohli & Kohli Financial Consultants
Feb 08,2017

Megri Soft announced that the Board of Directors of the Company in their meeting held on 07 February 2017 has decided to acquire/invest Rs. 15,00,000/- (accounting to 9.43%) in the Equity Shares of the Kohli & Kohli Financial Consultants.

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Phase I of Strategic Petroleum Reserve (SPR) programme at 3 locations has capacity of 5.33 MMT
Feb 08,2017

The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed as part of Phase I of Strategic Petroleum Reserve (SPR) programme, SPR facilities are at three locations viz. Vishakhapatnam, Mangalore and Padur with a total capacity of 5.33 MMT. On 25 January 2017, the Definitive Agreement on Oil Storage and Management was signed between Indian Strategic Petroleum Reserve (ISPRL) and Abu Dhabi National Oil Company (ADNOC) of UAE for filling up one of the two caverns at Mangalore SPR facility. The other cavern at Mangalore has already been filled by Government. He also informed that the Indian Strategic Petroleum Reserve (ISPRL) which is the SPV for construction of SPR facilities invited preliminary Expression of Interest (EoI) from reputed international parties for filling up of Padur SPR facility.

There is 63 days of existing storage based on estimated commercial reserve of crude oil, petroleum products and gas. The total 5.33 MMT reserve of Phase-I of the SPR programme is currently estimated to supply approximately 10.5 days of Indias crude requirement according to the consumption during 2015-16.

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Realty shares rise as RBI maintains status quo on interest rates
Feb 08,2017

Prestige Estates Projects (up 3.29%), Oberoi Realty (up 2.11%), DLF (up 1.5%), Indiabulls Real Estate (up 2.3%), Housing Development and Infrastructure (up 0.88%), Sunteck Realty (up 1.96%), Omaxe (up 0.24%) and Unitech (up 1.49%) rose. D B Realty (down 0.23%) and Godrej Properties (down 0.87%) fell.

The S&P BSE Realty index was up 0.9% at 1,487.09. It outperformed the Sensex, which was down 45.24 points or 0.16% at 28,289.92

Purchases of both residential and commercial property are largely driven by finance.

The Reserve Bank of India (RBI) after its sixth bi-monthly monetary policy meeting today, 8 February 2017, said that on the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.25%. Consequently, the reverse repo rate under the LAF remains unchanged at 5.75%, and the marginal standing facility (MSF) rate and the bank rate at 6.75%.

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Epic Energy to hold board meeting
Feb 08,2017

Epic Energy will hold a meeting of the Board of Directors of the Company on 14 February 2017, to approve the unaudited Financial Results for the quarter ended 31 December 2016.

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Mishka Finance & Trading to hold board meeting
Feb 08,2017

Mishka Finance & Trading will hold a meeting of the Board of Directors of the Company on 13 February 2017, to consider and approve unaudited financial results for the Quarter Ended 31 December 2016.

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Celestial Biolabs to hold board meeting
Feb 08,2017

Celestial Biolabs will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and take on record the Un-audited financial results of the Company for the quarter / nine months ended 31 December 2016.

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Asahi Infrastructure & Projects to hold board meeting
Feb 08,2017

Asahi Infrastructure & Projects will hold a meeting of the Board of Directors of the Company on 14 February 2017, to, consider Audited Financial Results for the Quarter Ended & Nine Month Ended 31 December 2016.

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Crimson Metal Engineering Company to hold board meeting
Feb 08,2017

Crimson Metal Engineering Company will hold a meeting of the Board of Directors of the Company on 14 February 2017, to approve the Unaudited Financial Results for the Quarter ended on 31 December 2016.

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Dhanleela Investments & Trading Co. to hold board meeting
Feb 08,2017

Dhanleela Investments & Trading Co. will hold a meeting of the Board of Directors of the Company on 13 February 2017, to consider and approve unaudited financial results for the Quarter Ended 31 December 2016.

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Central Provinces Railways Company to hold board meeting
Feb 08,2017

Central Provinces Railways Company will hold a meeting of the Board of Directors of the Company on 11 February 2017, to consider and approve unaudited financial results for the Quarter Ended 31 December 2016.

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Pine Animation to hold board meeting
Feb 08,2017

Pine Animation will hold a meeting of the Board of Directors of the Company on 11 February 2017, to consider and approve unaudited financial results for the Quarter Ended 31 December 2016.

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