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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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Outcome of board meeting of Millitoons Entertainment
Nov 04,2016

Millitoons Entertainment announced that the Board of Directors of the Company at its meeting held on 03 November 2016 approved the following -

Issue and allotment of upto 40 lakh equity share warrants of Re 1 each on preferential basis to Viniato Advisors subject to approval of shareholders.

Fixed EGM to be held on 30 November 2016.

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Shree Digvijay Cement Co. appoints CFO
Nov 04,2016

Shree Digvijay Cement Co. announced that the Board of directors of the Company at its Meeting held on 03 November 2016 has appointed M. V. Ramaswamy as the Chief Financial Officer (CFO) of the Company with effect from 03 November 2016.

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Equitas Holdings provides update on subsidiary - Equitas Small Finance Bank
Nov 04,2016

Equitas Holdings announced that its subsidiary, Equitas Small Finance Bank has appointed Indian Test Bowler Ravichandran Ashwin as its brand ambassador. The cricketer will endorse the companys products and services through advertising campaigns and other promotional programmes.

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NDTV provides update for its Hindi News Channel - NDTV India
Nov 04,2016

New Delhi Television announced that the Company is in receipt of an order dated 02 November 2016 passed by the Ministry of Information and Broadcasting, whereby the Central Government has prohibited the transmission or re-transmission of Companys Hindi News Channel i.e. NDTV India for one day throughout India w.e.f. 00:01 hrs on 09 November 2016 till 00:01 hrs on 10 November 2016 for its coverage of Pathankot attack telecast on NDTV India.

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Launch of web based system for submission of documents for release of grant-in-aid under Scheme for Integrated Cold Chain
Nov 04,2016

Food Processing Industries Minister Smt. Harsimrat Kaur Badal while addressing a press conference on the activities undertaken during the Swachchhta Pakhwada said that time has come to show by act and not only by words that cleanliness is next to godliness. Highlighting the objective of n++Swachchh Bharat Missionn++, the vision of Honble Prime Minister of India Shri Narendra Modi to make India clean by the year 2019; the year when we celebrate Gandhijis 150th birth anniversary, Honble Minister said that the goal of n++Ek Bharat Shreshtha Bharatn++ can not be achieved without ensuring total cleanliness of our offices, schools, colleges, villages, cities, rivers etc. She also exhorted everyone to contribute in achieving this goal. Smt. Badal further said that we are integrating swachchhata into our schemes and promoting the concept of swachchh abattoir in Shimla, which will be implemented in other projects in the coming time.

As a part of the Governments initiative to observe Swachchhta Pakhwada during 16-31 October, 2016, Ministry of Food Processing Industries also organized various special events during the Pakhwada through active involvement of the officials and other stakeholders of the ministry. A special Swachchhta Pledge taking event, Essay & Debate Competitions for employees of MoFPI and Special drive for weeding out of old files/papers as per the Government norms was organized by the ministry. In a meeting held in Panchsheel Bhawan that houses the ministry, Secretary, FPI, Shri Avinash Srivastava sensitized the promoters of Cold Chain Projects on the importance of Swachchhta and hygiene in their project area. NIFTEM, a deemed university under MoFPI, organized events like street vendors sensitization camps, cleanliness and hygiene drive in campus, hostel and a swachchhta awareness rally. IICPT at Thanjavur, another institution under the ministry, observed Swachchhta Pakhwada through cleanliness drive, beautification and tree planting activities within the campus and organized activities like Essay Competition, Workshops, Food Safety awareness camp for street vendors, skits etc., for highlighting benefits of swachchhta. Industry bodies like CII, PHD Chamber of Commerce and ASSOCHAM organised several programmes and workshops to create awareness on good hygiene practices.

The Minister also launched web based system for submission of documents for release of grant-in-aid under Scheme for Integrated Cold Chain and Value Addition Infrastructure. Launching the software, the minister said that this robust e- Governance tool for online filing of claim for release of grant to a project this is an important initiative towards n++Digital Indian++ campaign. Smt. Badal said that it will help in effective monitoring of progress of the project and also ensure transparency in disbursal of funds to implementing agencies alongwith reduction of supporting documents, paper-work. Earlier, in June, 2016, similar software was launched for the Mega Food Park Scheme. Based on the experience gained, the software has been upgraded and now launched for the Cold Chain scheme also. It is an investor friendly initiative taken by the ministry. The minister also launched the new look website of the Ministry.

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Berger Paints in spotlight after reporting Q2 earnings
Nov 04,2016

Berger Paints Indias consolidated net profit rose 55.35% to Rs 138.78 crore on 8.48% rise in total income to Rs 1289.75 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 3 November 2016.

Wipro announced the appointment of Gilles Grange, as the regional head of its operations in France. In his new role, Gilles will be responsible for building and strengthening the companys presence in France by pursuing new business opportunities and growing its visibility in the region. He will be based in Paris, and report to Christophe Martinoli, Vice President and Head of Continental Europe. The announcement was made after market hours yesterday, 3 November 2016.

Bharti Airtel will be in focus. Bharti Airtel International (Netherlands) BV (Airtel) and Zain Telecom (Zain) have reached an agreement, pursuant to which Zain is to pay to Airtel about $129 million for the settlement of all of Airtels claims on account of the Nigeria Litigation, certain tax matters and associated legal costs. Under the terms of the 2010 share sale/purchase agreement, Zain had provided Airtel certain indemnities covering the Nigeria Litigation and for certain tax claims. A separate settlement has been reached between Airtel and Econet Wireless settling all claims, disputes whatsoever, between the two including in Nigeria and Netherlands. With these settlements, Airtel has closed several ongoing major litigations in Nigeria, UK and Netherlands. The announcement was made after market hours yesterday, 3 November 2016.

NMDC announced that it has kept unchanged price of lump iron ore at Rs 2,100 per wet metric tonne and that of fines iron ore price at Rs 1,760 per wet metric tonne with effect from 3 November 2016 compared with prices in October. The announcement was made after market hours yesterday, 3 November 2016.

Grindwell Nortons consolidated net profit rose 20% to Rs 29.49 crore on 12.44% rise in total income from operations to Rs 335.54 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 3 November 2016.

Monsanto India reported net profit of Rs 0.89 crore in Q2 September 2016 compared with net loss of Rs 26.38 crore in Q2 September 2015. Total income jumped 148.86% to Rs 99.37 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 3 November 2016.

Hexaware Technologies turns ex-dividend today, 4 November 2016 for interim dividend of Rs 1 per share for the year ending 31 December 2016 (FY 2016).

Hindustan Zinc turns ex-dividend today, 4 November 2016 for interim dividend of Rs 1.90 per share for the year ending 31 March 2017 (FY 2017).

Info Edge (India) turns ex-dividend today, 4 November 2016 for interim dividend of Rs 1.50 per share for the year ending 31 March 2017 (FY 2017).

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Implementation of PSS for Procurement of Groundnut in the State of Gujarat During the Current Kharif Season 2016-17
Nov 03,2016

Ministry of Agriculture and Farmers Welfare has received a proposal from Government of Gujarat for procurement of Groundnut under Price Support Scheme (PSS) in Gujarat during current kharif season, 2016-17. In this regard, Agriculture Ministry, GOI has given approval on 2nd November, 2016 for implementation of Price Support Scheme for procurement of Groundnut in the State of Gujarat during the current Kharif season and directed NAFED and SFAC to initiate the procurement immediately at MSP + Bonus at Rs 4220/Qtl.

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TD Power Systems standalone net profit declines 73.34% in the September 2016 quarter
Nov 03,2016

Net profit of TD Power Systems declined 73.34% to Rs 2.41 crore in the quarter ended September 2016 as against Rs 9.04 crore during the previous quarter ended September 2015. Sales declined 35.71% to Rs 98.15 crore in the quarter ended September 2016 as against Rs 152.66 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales98.15152.66 -36 OPM %4.4910.81 - PBDT9.0820.16 -55 PBT2.1613.05 -83 NP2.419.04 -73

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Manraj Housing Finance reports standalone net loss of Rs 0.04 crore in the September 2016 quarter
Nov 03,2016

Net Loss of Manraj Housing Finance reported to Rs 0.04 crore in the quarter ended September 2016 as against net loss of Rs 0.04 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Esab India standalone net profit rises 61.23% in the September 2016 quarter
Nov 03,2016

Net profit of Esab India rose 61.23% to Rs 9.98 crore in the quarter ended September 2016 as against Rs 6.19 crore during the previous quarter ended September 2015. Sales rose 4.26% to Rs 120.19 crore in the quarter ended September 2016 as against Rs 115.28 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales120.19115.28 4 OPM %11.7110.55 - PBDT16.9014.08 20 PBT14.3411.68 23 NP9.986.19 61

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TD Power Systems consolidated net profit rises 18.75% in the September 2016 quarter
Nov 03,2016

Net profit of TD Power Systems rose 18.75% to Rs 1.33 crore in the quarter ended September 2016 as against Rs 1.12 crore during the previous quarter ended September 2015. Sales declined 39.83% to Rs 105.82 crore in the quarter ended September 2016 as against Rs 175.88 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales105.82175.88 -40 OPM %2.014.21 - PBDT7.9911.20 -29 PBT1.043.96 -74 NP1.331.12 19

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Grindwell Norton consolidated net profit rises 20.02% in the September 2016 quarter
Nov 03,2016

Net profit of Grindwell Norton rose 20.02% to Rs 29.49 crore in the quarter ended September 2016 as against Rs 24.57 crore during the previous quarter ended September 2015. Sales rose 12.61% to Rs 309.55 crore in the quarter ended September 2016 as against Rs 274.88 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales309.55274.88 13 OPM %14.8215.52 - PBDT53.5447.76 12 PBT43.2137.21 16 NP29.4924.57 20

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Rama Petrochemicals reports standalone net loss of Rs 0.38 crore in the September 2016 quarter
Nov 03,2016

Net Loss of Rama Petrochemicals reported to Rs 0.38 crore in the quarter ended September 2016 as against net loss of Rs 0.60 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 as against Rs 0.22 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales00.22 -100 OPM %0-109.09 - PBDT-0.37-0.59 37 PBT-0.38-0.60 37 NP-0.38-0.60 37

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Tube Investments of India standalone net profit rises 113.32% in the September 2016 quarter
Nov 03,2016

Net profit of Tube Investments of India rose 113.32% to Rs 53.80 crore in the quarter ended September 2016 as against Rs 25.22 crore during the previous quarter ended September 2015. Sales rose 1.19% to Rs 932.10 crore in the quarter ended September 2016 as against Rs 921.11 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales932.10921.11 1 OPM %10.589.87 - PBDT100.3164.34 56 PBT70.9137.15 91 NP53.8025.22 113

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Monsanto India reports standalone net profit of Rs 0.89 crore in the September 2016 quarter
Nov 03,2016

Net profit of Monsanto India reported to Rs 0.89 crore in the quarter ended September 2016 as against net loss of Rs 26.38 crore during the previous quarter ended September 2015. Sales rose 162.57% to Rs 96.10 crore in the quarter ended September 2016 as against Rs 36.60 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales96.1036.60 163 OPM %1.84-69.95 - PBDT4.36-23.54 LP PBT2.21-25.74 LP NP0.89-26.38 LP

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