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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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Vijaya Bank intimates of withdrawal of proposed bank strike
Feb 06,2017

Vijaya Bank announced that in this regard the Bank has been informed by Indian Banks Association (IBA) that the General Secretaries of the following Unions/Associations have informed that the proposed strike on 07 February 2017 has been withdrawn.

1. All India Bank Employees Association (AIBEA)

2. All India Bank Officers Associations (AIBOA)

3. Bank Employees Federation of India (BEFI)

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NBCC (India) secured new orders worth Rs 187.49 crore
Feb 06,2017

NBCC (India) has secured orders worth Rs 187.49 crore in the month of January 2017.

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Vedanta shifts registered office
Feb 06,2017

Vedanta announced that its registered office is shifted from State of Goa to State of Maharashtra with effect from 04 February 2017.

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Trade Wings appoints company secretary and compliance officer
Feb 06,2017

Trade Wings announced that Zurica Pinto has been appointed as the Whole time Company Secretary and Compliance Officer of the Company w.e.f. 06 February 2017 at the Board Meeting held on 06 February 2017.

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Axis Bank allots 142310 equity shares
Feb 06,2017

Axis Bank announced that the Bank has allotted 1,42,310 equity shares of Rs. 2/- each on 06 February 2007, pursuant to exercise of options under its ESOP Scheme.

The paid up share, capital of the Bank of the accordingly increase from Rs. 478,32,66,346 (239,16,33,173 equity shares of Rs. 2/- each) to Rs. 478,35,50,966 (239,17,75,483 equity shares of Rs. 2/- each).

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Titagarh Wagons receives order worth Rs 100 crore for two costal research vessels
Feb 06,2017

Titagarh Wagons has received Letter of Intent dated 30 January 2017 from the National Institute of Ocean Technology under the Ministry of Earth Sciences, Government of India for design, construction and delivery of two Coastal Research Vessels valued at about Rs.100 crore.

The above order is in consolidation of the order book position of the Shipbuilding vertical of the Company.

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Ashok Leyland gets revision in credit ratings
Feb 06,2017

Ashok Leyland has received revision in credit ratings from CARE as under -

Long term / short term bank facilities - CARE AA; Stable/ CARE A1+ (Revised from CARE AA-/ CARE A1+)

Commercial Paper - CARE A1+ (Reaffirmed)

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TCS wins award for Best Supplier -IT Services for year 2015-16
Feb 06,2017

Tata Consultancy Services has been awarded the Best Supplier - IT Services for the year 2015 -16 by Infineon Technologies AG, a world leader in semiconductor solutions. The accolade was made in recognition of outstanding service delivery in supply chain and customer software development.

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Bharti Airtel cross two million home broadband customers mark
Feb 06,2017

Bharti Airtel rolled out Airtel Surprises for its home broadband customers offering them additional data and content benefits within their existing plans. This is a special gesture by the Company to mark the two million home broadband subscriber milestone.

All existing Airtel home broadband customers will get free additional monthly data top-up with their existing broadband at no extra cost.

To avail the offer of Airtel Surprises, customers will have to log on to www.airtel.in/broadbandsurprises and unlock their surprise.

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Mangalam Timber Products announce demise of director
Feb 06,2017

Mangalam Timber Products announced about the sad demise of Prabir Chakravarti, Independent, Non-Executive Director of the Company, on 05 February 2017.

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REC enters into MoUs with Karnatatka Power Corporation & Bangalore Electricity Supply Company
Feb 06,2017

Rural Electrification Corporation announced that the Company has entered into Memorandums of Understanding (MoUs) with Karnataka Power Corporation (KPCL) and Bangalore Electricity Supply Company (BESCOM) for extending financial assistance to the tune of Rs. 39,121 crore for the next five years (i.e. till March, 2022); i.e. financial assistance upto Rs. 27,121 crore to KPCL and upto Rs. 12,000 crore to BESCOM.

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Oil & Natural Gas Corpn appoints directors
Feb 06,2017

Oil & Natural Gas Corpn announced the appointment of Deepak Sethi, Vivek Mallya and Sumit Bose as Additional Directors on the Board of the Company with effect from 31 January 2017.

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Canara Bank announces revision in MCLR rates
Feb 06,2017

Canara Bank announced the revision in tenor based MCLR rates with effect from 07 February 2017 as under -

Overnight - 8.20%
One month - 8.25%
Three month - 8.30%
Six months - 8.40%
One year - 8.45%

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Vippy Spinpro receives resignation of director
Feb 06,2017

Vippy Spinpro has received the resignation letter from Deepa Sudhir Mekal, wherein she has resigned from the Director of the Company w.e.f. 15 February 2017.

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Shirpur Gold Refinery provides update on its overseas subsidiary
Feb 06,2017

Shirpur Gold Refinery announced Rajat Ginodia has stepped down from the post of Executive Director of Precious Metals Mining and Refining , Papua New Guiana, overseas subsidiary of the Company, with effect from 05 February 2017. However, he will continue as Non Executive Director of the above step down subsidiary of the Company.

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