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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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Subex partners with ElevenPaths, Telefonica Cybersecurity Unit
Jul 19,2017

Subex has been selected by ElevenPaths, Telefonica Cybersecurity Unit to offer a Fraud Management - as a Service (FMaaS) solution.

The agreement between Telefonica and Subex will result in the new Telefonica FMaaS Powered by Subex to protect against a comprehensive set of digital risks and threats, along with a library of fraud detection process.

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Vital Communications appoints company secretary and compliance officer
Jul 19,2017

Vital Communications has appointed Nikita Mor as Company Secretary & Compliance Officer of the Company with effect from 01 July 2017.

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Raideep Industries appoints company secretary and compliance officer
Jul 19,2017

Raideep Industries appointed Kavita Agrawala as its Company Secretary & Compliance Officer at the Board meeting held on 19 July 2017.

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JMD Ventures provides update on subsidiary - JMD Medico Service
Jul 19,2017

JMD Ventures announced that its subsidiary - JMD Medico Service has embarked on a nation wide expansion plan with the launch of a wide range of Ayurveda products. The Company has set up a logistic centre in Mumbai and Kolkata to cater to the demand. The Company currently has a product portfolio of 18 products in hair care, skin care, health care and body care collectively.

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Adani Enterprises incorporates subsidiary - Gare Pelma III Collieries
Jul 19,2017

Adani Enterprises has incorporated a wholly owned subsidiary company namely, Gare Pelma III Collieries on 18 July 2017.

Being a successful bidder, Chhattisgarh State Power Generation Corporation (CSPGCL) has issued Letter of Award to Adani Enterprises for Gare Pelma III Coal Block on 24 June 2017. Accordingly, Gare Pelma III Collieries has been formed as a SPV of Adani for execution of Coal Mining Service Agreement with CSPGCL.

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IFB Industries acquires Global Automotive & Appliances, Singapore
Jul 19,2017

IFB Industries has entered into an agreement with IFB Automotive towards acquisition of Global Automotive & Appliances (GAAL), Singapore and consideration money of Rs 19.99 crore paid to acquire 100% equity capital of GAAL.

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Jubilant Industries announces change in directorate
Jul 19,2017

Jubilant Industries announced that Hari S. Bhartia, Director and Non-executive Chairman has resigned from the Board of Directors (Board) of the Company with effect from the close of business hours on 19 July 2017. The Board has, as its meeting held on 19 July 2017, accepted his resignation. The Board has appointed Priyavrat Bhartia, Director, as Non-executive Chairman of the Board effective from 20 July 2017.

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7NR Retail opens 3 new retail stores
Jul 19,2017

7NR Retail has established 3 new retail stores in Ahmedabad, details of the same is mentioned below:

1. Shop No. C/13, Transport Nord, Sardar Patel Nagar, Shashtri Nagar, Naranpura, Ahmedabad-380013.

2. Ahmedabad One F-26 1st Floor Tp-No-1, FP-No-216 Ahmedabad One Mall, Vastrapur, Ahmedabad-380006.

3. 7 Shivalik Arcade, Nr. Kalupur Commercial Co Bank, Prahladnagar, Ahmedabad-380015.

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Sanofi India fixes record date for interim dividend
Jul 19,2017

Sanofi India has fixed 01 August 2017 as the record date for the purpose of payment of the Interim Dividend. The said dividend will be paid on or after 10 August 2017.

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A total of 25 50-bedded hospitals with an outlay of Rs. 145 cr. approved in the year 2016-17
Jul 19,2017

Under Centrally Sponsored Scheme of National AYUSH Mission (NAM), there is a provision for setting up of upto 50 bedded integrated AYUSH Hospital in the  States/UTs and they may avail eligible financial assistance by projecting the proposal through State Annual Action Plan (SAAP) as per NAM guidelines.

The details of last three years of Grant-in-aid provided to the State/UT Governments along with location for setting up of upto 50 bedded integrated AYUSH Hospital underNational AYUSH Mission (NAM) are furnished below:

Status of 50 bedded integrated AYUSH Hospital approved under National AYUSH Mission (NAM) during 2014-15, 2015-16 & 2016-17

  (Rs. In lakhs)

Units Approved during 2014-15

Amount Approved during 2014-15

Units Approved during 2015-16

Amount Approved during 2015-16

Units Approved during 2016-17

Amount Approved during 2016-17

Total

2

330.00

14

2014.57

25

14556.30

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NERAMAC has engaged with some Self-Help Groups and farmers groups to serve as an aggregator and provide marketing support to them
Jul 19,2017

North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC), inter alia, facilitates processing of horticulture produce; assists processing units to market their products; and helps in developing linkages of farmers with the market.

The data related to total number of farmers being provided support by the said corporation is not centrally maintained. NERAMAC in pursuance of the objectives mentioned above, has provided support to large number of farmers, particularly those growing pineapple, ginger and large cardamom.

NERAMAC has engaged with some Self-Help Groups and farmers groups to serve as an aggregator and provide marketing support to them. It has also undertaken marketing of processed items sourced from local entrepreneurs.

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Srikalahasthi Pipes announces resignation of director
Jul 19,2017

Srikalahasthi Pipes announced that Kartikeya Misra, IAS, Nominee Director of Andhra Pradesh Industrial Development Corporation Limited (APIDC) has resigned from the Board of Directors of the Company vide his letter dated 4 July, 2017, which was received by the Company on 18 July, 2017.

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Infibeam Inc. to hold AGM
Jul 19,2017

Infibeam Inc. announced that the Annual General Meeting (AGM) of the company will be held on 11 August 2017.

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Manaksia Aluminium Company to hold AGM
Jul 19,2017

Manaksia Aluminium Company announced that the Annual General Meeting (AGM) of the company will be held on 22 September 2017.

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Manaksia Steels to hold AGM
Jul 19,2017

Manaksia Steels announced that the Annual General Meeting (AGM) of the company will be held on 22 September 2017.

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