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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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Azure Exim Services to hold board meeting
Feb 08,2017

Azure Exim Services will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and approve the Limited Review Report on the Un-audited Financial Result for the Quarter ended 31 December 2016.

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Surya Industrial Corporation to hold board meeting
Feb 08,2017

Surya Industrial Corporation will hold a meeting of the Board of Directors of the Company on 14 February 2017, to Consider and approve the Limited Review Report on the Un-audited Financial Result for the Quarter ended 31 December 2016.

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Kausambi Vanijya to hold board meeting
Feb 08,2017

Kausambi Vanijya will hold a meeting of the Board of Directors of the Company on 14 February 2017, to Consider and approve the Limited Review Report on the Un-audited Financial Result for the Quarter and half year ended on 31st December, 2016.

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White Diamond Industries to hold board meeting
Feb 08,2017

White Diamond Industries will hold a meeting of the Board of Directors of the Company on 14 February 2017, for approving and taking on record the Quarterly Unaudited Financial Results of the Company for the Quarter ended 31 December 2016.

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Generic Engg. Constructn. & Projects to hold board meeting
Feb 08,2017

Generic Engg. Constructn. & Projects will hold a meeting of the Board of Directors of the Company on 14 February 2017, to approve Un-Audited Financial Results along with Limited Review Report for the Quarter and nine months period ended on 31 December 2016.

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Modi Naturals to hold board meeting
Feb 08,2017

Modi Naturals will hold a meeting of the Board of Directors of the Company on 13 February 2017, to consider the Unaudited Financial Results of the Company for the quarter ended 31 December 2016.

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Netvista Information Technology to hold board meeting
Feb 08,2017

Netvista Information Technology will hold a meeting of the Board of Directors of the Company on 14 February 2017, to Consider and approve the Limited Review Report on the Un-audited Financial Result for the Quarter ended 31 December 2016.

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Board of ICRA to consider buyback of shares along with Q3 results
Feb 08,2017

ICRA announced that the Board of Directors will consider proposal for Buy-back of the equity shares of the Company at the meeting scheduled to be held on 09 February 2017 inter alia, for the purpose of approving the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended 31 December 2016 (Q3).

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Hitech Plast slumps after weak Q3 result
Feb 08,2017

The result was announced after market hours yesterday, 7 February 2017.

Meanwhile, the S&P BSE Sensex was up 6.53 points, or 0.02%, to 28,341.69

On the BSE, 4,956 shares were traded in the counter so far, compared with an average volume of 9,453 shares in the past one quarter. The stock hit a high of Rs 163 and a low of Rs 157 so far during the day. The stock hit a record high of Rs 223.45 on 21 October 2016. The stock hit a 52-week low of Rs 126.60 on 12 February 2016.

The small-cap company has equity capital of Rs 17.18 crore. Face value per share is Rs 10.

Hitech Plast is a leading rigid plastic packaging manufacturer delivering innovative and sustainable products.

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Board of Bharti Airtel approves restructuring of subsidiaries
Feb 08,2017

Bharti Airtel announced that the Board of Directors of the Company at its meeting held on 07 February 2017 has approved the following -

The Companys investment in its wholly owned subsidiaries Bharti Aitel International (Mauritius), Mauritius, Bharti Airtel International (Netherlands) B.V. (BAIN), Netherlands and Bharti International (Singapore) (BISPL) will be held entirely by Network i2i, Mauritius, another wholly owned subsidiary of the Company;

The Company will continue to hold 100% of Ni2i;

BAIN will continue to hold the shareholding in African operating companies; and

The Companys investment in its wholly owned subsidiaries Bharti Airtel (USA), Bharti Airtel (Hong Kong) and Bharti Airtel (UK) will be held entirely by BISPL, another wholly owned subsidiary of the Company.

The resultant vertical step by step shareholding structure envisaged by the above restructuring aims to offer number of benefits including delayering and simplification of structure and synergies without any change in ultimate ownership over the said subsidiaries.

The aforesaid restructuring shall have no impact on the consolidated financial statement of the Company.

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Amendment in Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016
Feb 08,2017

The Government of India, in consultation with the Reserve Bank of India (RBI), had notified Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 vide Notification No. S.O.4061(E) dated December 16, 2016. The deposit under this Scheme shall be made by any person who declared undisclosed income under Pradhan Mantri Garib Kalyan Yojana, 2016. The deposit sum, which shall not be less than twenty-five per cent of the declared undisclosed income, can be deposited at the authorized banks (as notified by Government of India) from December 17, 2016 (Saturday) to March 31, 2017 (Friday).

In this connection, the Government of India has decided to allow declarants to make deposits on one or more occasions in the PMGKDS, 2016. Accordingly, para 4(4) of the notification stands amended as under:

n++4. Subscription and Mode of investment in the Bonds Ledger Account- (4), the deposit to be made under sub-section (1) of Section 199F under this Scheme can be made, on one or more occasions. The deposits shall be made before filing declaration under sub-section (1) of section 199C.n++

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Blue Dart drops after weak Q3 outcome
Feb 08,2017

The result was announced after market hours yesterday, 7 February 2017.

Meanwhile, the S&P BSE Sensex was up 12.16 points or 0.04% at 28,347.32

On BSE, so far 101 shares were traded in the counter as against average daily volume of 2,227 shares in the past one quarter. The stock hit a high of Rs 4,296 and a low of Rs 4,240 so far during the day. The stock had hit a 52-week low of Rs 4,162.10 on 27 December 2016. The stock had hit a 52-week high of Rs 6,419.30 on 13 April 2016.

The large-cap company has equity capital of Rs 23.73 crore. Face value per share is Rs 10.

Blue Dart Express Managing Director, Anil Khanna, said that Q3 December 2016 was extremely tough for the economy, industry and the company.

Blue Dart Express accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories and offers an entire spectrum of distribution services including air express, freight forwarding, supply chain solutions and customs clearance.

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IDFC announces change in directorate
Feb 08,2017

IDFC announced that the Board of Directors of National Stock Exchange of India (NSE) has approved the appointment of Vikram Limaye, Managing Director & CEO of IDFC as the Managing Director & CEO of NSE. This appointment is subject to the approval of Securities & Exchange Board of India and shareholders of NSE.

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AVT Natural Products fixes record date for interim dividend
Feb 08,2017

AVT Natural Products has fixed 17 February 2017 as the Record Date for the purpose of Payment of Interim Dividend.

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Good Q3 result fail to energise NHPC
Feb 08,2017

The announcement was made after market hours yesterday, 7 February 2017.

Meanwhile, the S&P BSE Sensex was up 4.78 points, or 0.02%, to 28,339.94

On the BSE, 2.17 lakh shares were traded in the counter so far, compared with an average volume of 10.26 lakh shares in the past one quarter. The stock hit a high of Rs 31.20 and a low of Rs 30.70 so far during the day. The stock hit a 52-week high of Rs 31.75 yesterday, 7 February 2017. The stock hit a 52-week low of Rs 19.25 on 26 February 2016.

The large-cap company has equity capital of Rs 11070.67 crore. Face value per share is Rs 10.

NHPC was incorporated in the year 1975 with an objective to plan, promote and organise an integrated and efficient development of hydroelectric power in all aspects. Later on, NHPC expanded its objects to include development of power in all its aspects through conventional and non-conventional sources in India and abroad.

Government of India (GoI) currently holds 74.51% stake in NHPC (as per the shareholding pattern as on 31 December 2016).

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