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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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GTL Infrastructure to consider allotment of shares on conversion of FCCBs
Nov 07,2016

GTL Infrastructure announced that a Meeting of the Committee will be held on 08 November 2016, to consider allotment of Equity Shares consequent to conversion notices received for conversion of FCCBs at a conversion price of Rs. 10 per share, in terms of the Offering Circular dated 17 October 2012.

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ITI announces change in directorate
Nov 07,2016

ITI announced that Lt General A. R. Prasad, VSM, ADC, Signal Officer in-chief, Ministry of Defence, is appointed as Government Director on the Board of the Company in place of Lt General Nitin Kohli, VSM, SO-in-C (since retired) vide Government of India order dated 07 November 2016 with immediate effect.

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Dhar Textile Mills announces resignation of director
Nov 07,2016

Dhar Textile Mills announced that Pankaj Sinahal, an Independent Director of the Company has vide his letter dated 05 November 2016 has resigned from the Company w.e.f. 05 November 2016 due to his pre-occupation.

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Visa Steel director resigns
Nov 07,2016

Visa Steel announced that Shiv Dayal Kapoor has resigned as an Independent Director of the Company w.e.f. 04 November 2016.

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Proposed Regulation on Criteria for Leasing of Foreign Registered Aircraft by Indian Operators for Operation by Indian Crew
Nov 07,2016

To boost the growth of the civil aviation sector and in particular the regional air connectivity scheme, DGCA has proposed a new regulation on criteria for leasing of foreign registered aircraft by Indian operators for operation by Indian crew. This regulation will enable operators to import foreign registered aircrafts and operate them on foreign registration with Indian crew. This will also make the aircraft leasing environment user friendly.

The proposed regulations lay emphasis on airworthiness, training, operation and safety oversight aspects. Before such arrangement would be permitted, both the State of Operator and the State of Registry would have to sign a Memorandum of Understanding on oversight responsibility. This proposal is at a draft stage and is being put up for public consultation. It is likely to be finalized by the second week of Dec 2016.

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Canara Bank gets ratings assigned for proposed issue of Tier I Bonds
Nov 07,2016

Canara Bank has received ratings from the following Credit Rating Agencies for the proposed issue of Basel III Compliant Tier I Bonds aggregating Rs 2500 crore:

CRISIL : has assigned a CRISIL AA/Negative (pronounced CRISIL Double A rating with Negative outlook).

India Ratings & Research : has assigned the IND AA rating with Stable Outlook.

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Canara Bank gets ratings assigned for proposed issue of Tier I Bonds
Nov 07,2016

Canara Bank has received ratings from the following Credit Rating Agencies for the proposed issue of Basel III Compliant Tier I Bonds aggregating Rs 2500 crore:

CRISIL : has assigned a CRISIL AA/Negative (pronounced CRISIL Double A rating with Negative outlook).

India Ratings & Research : has assigned the IND AA rating with Stable Outlook.

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Amrutanjan Health Care to consider September quarter results and interim dividend
Nov 07,2016

Amrutanjan Health Care announced that a meeting of the Board of Directors is scheduled to be held on 10 November 2016, inter alia, to consider and approve the following:

1. Unaudited Standalone Financial Results together with Limited Review Report of the Auditors for the quarter/half yearly ending 30 September 2016;

2. Declaration of Interim Dividend on quarterly basis & approval of 1st Interim Dividend for the year 2016-17.

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Amrutanjan Health Care to consider September quarter results and interim dividend
Nov 07,2016

Amrutanjan Health Care announced that a meeting of the Board of Directors is scheduled to be held on 10 November 2016, inter alia, to consider and approve the following:

1. Unaudited Standalone Financial Results together with Limited Review Report of the Auditors for the quarter/half yearly ending 30 September 2016;

2. Declaration of Interim Dividend on quarterly basis & approval of 1st Interim Dividend for the year 2016-17.

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Amrutanjan Health Care fixes record date for 1st interim dividend
Nov 07,2016

Amrutanjan Health Care has fixed 18 November 2016 as the Record Date for the purpose of Payment of First Interim Dividend, if approved.

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Board of Gujarat Metallic Coal & Coke to consider September quarter results
Nov 07,2016

Gujarat Metallic Coal & Coke announced that a meeting of the Board of Directors of the Company would be held on 14 November 2016, inter alia, to consider and take on record un-audited financial result of the Company for the quarter ended 30 September 2016.

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Board of Gujarat Metallic Coal & Coke to consider September quarter results
Nov 07,2016

Gujarat Metallic Coal & Coke announced that a meeting of the Board of Directors of the Company would be held on 14 November 2016, inter alia, to consider and take on record un-audited financial result of the Company for the quarter ended 30 September 2016.

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Board of N2N Technologies to consider financial results for FY 2016 & September quarter
Nov 07,2016

N2N Technologies announced that a meeting of the Board of Directors of the Company will be held on 12 November 2016, inter alia,

- to consider & approve the Audited consolidated financial results for the financial year ended 31 March 2016

- to consider & approve the Unaudited standalone financial results for the quarter ended 30 September 2016

- To convene the Annual General Meeting of the company

For the above purpose, as per Companys code of conduct for a prevention of insider trading, the trading window for dealing in the securities of the Company shall remain closed for all the directors / designated employees / relatives of designated persons/auditors / consultants of the Company from 05 November 2016 to 14 November 2016 (both days inclusive).

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Board of N2N Technologies to consider financial results for FY 2016 & September quarter
Nov 07,2016

N2N Technologies announced that a meeting of the Board of Directors of the Company will be held on 12 November 2016, inter alia,

- to consider & approve the Audited consolidated financial results for the financial year ended 31 March 2016

- to consider & approve the Unaudited standalone financial results for the quarter ended 30 September 2016

- To convene the Annual General Meeting of the company

For the above purpose, as per Companys code of conduct for a prevention of insider trading, the trading window for dealing in the securities of the Company shall remain closed for all the directors / designated employees / relatives of designated persons/auditors / consultants of the Company from 05 November 2016 to 14 November 2016 (both days inclusive).

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Proposed Regulation to Ensure that Pilots Adhere to Flight Duty Assignments
Nov 07,2016

Cases often come to the notice of DGCA where some pilots employed with air transport undertakings do not adhere to their assigned flight duties, at times reporting sick. This has a bearing on flight safety and public interest, leading to last minute flight delays or cancellation, thereby causing inconvenience and harassment to the passengers. Against this background, DGCA has proposed a regulation under the provision of Rule 39A(2) of the Aircraft Rules, 1937.

As per the proposed regulation, any act on the part of pilots wherein they are found to falsely report illness to escape flight duty, report late to the aircraft, do not undertake the flight even after reporting for flight duty or are unwilling to follow the dynamic roster well within the FDTL, which results in last minute flight disruptions and may imperil safety of aircraft operations, would be treated as an act against public interest, and the pilots would be liable for enforcement action against them. The proposal is at a draft stage and is being put up for public consultation. It is likely to be finalized by the second week of Dec 2016.

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