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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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Indian Hume Pipe Company fixes record date
Nov 02,2016

Indian Hume Pipe Company has fixed 13th December 2016 as the record date for the purpose of bonus shares.

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Bodhtree Consulting director resigns
Nov 02,2016

Mr. Nimmagadda Sriram has resigned from the directorship of Bodhtree Consulting with immediate effect from 02nd November 2016.

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Bodhtree Consulting director resigns
Nov 02,2016

Mr. Nimmagadda Sriram has resigned from the directorship of Bodhtree Consulting with immediate effect from 02nd November 2016.

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Ministry of Shipping sponsors safety training progarmme for ship recycling workers under Sagarmala
Nov 02,2016

As part of its Coastal Community Development Programme under Sagarmala, the Ministry of Shipping has sanctioned Rupees 10 Crore as part of the first instalment to the Gujarat Maritime Board for capacity building and safety training of 20,000 workers involved in the ship recycling activities at Alanag- Sosiya recycling yard in Bhavnagar district in Gujarat. The total project cost is estimated to be Rupees 30 Crore over a period of 3 years.

The initiative has been identified in the National Perspective Plan (NPP) of Sagarmala for the upliftment of the coastal community and aims to provide health and safety training to the skilled and semi-skilled workers which is required while performing their work at ship recycling yards. Due to the accident prone nature of the ship breaking activity, Gujarat Maritime Board has been running an indigenous Safety Training and Labour Welfare Institute at Alang and has trained about 1.10 lakh labors over the last 12 years. However, with the increased volume of ship recycling over last decade and to bring the training standards at par with the international regulations like UN Body -International Maritime Organization, it is imperative to enhance the capacity build-up and upgrade the existing training standards.

The safety training programme under Sagarmala has been specifically designed and conforms to the Common Norms for Skill Development Schemes under National Skill Qualification Framework notified by the Ministry of Skill Development & Entrepreneurship in Gazette Notification dated 8th August, 2015. A new module has been proposed which would impart comprehensive training to workers about Occupational Safety & Hazards at workplaces that are likely to cause injuries, death or chronic occupational diseases.

In India, ship recycling has emerged as an activity of sizeable volume, supplying raw material to steel industry for both re-rolling and re-melting. The Alang Sosiya Recycling yard is the largest ship-recycling yard in Asia, which employs an average 15000,-25000 labourers at a time and generates about 35 lakh LDT (Light displacement) per annum. On an average 350 numbers of ships are recycled every year in which more than 3 million MT of steel is generated through recycling route.

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Starlit Power Systems fixes record date
Nov 02,2016

Starlit Power Systems has fixed 11th November 2016 as the record date for reckoning the voting rights of shareholders for migration of the Company from SME platform of BSE Limited to Main Board of BSE Limited.

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Starlit Power Systems fixes record date
Nov 02,2016

Starlit Power Systems has fixed 11th November 2016 as the record date for reckoning the voting rights of shareholders for migration of the Company from SME platform of BSE Limited to Main Board of BSE Limited.

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Vijaya Bank changes directorate
Nov 02,2016

Y Muralikrishna, workmen Director of Vijaya Bank has ceased to a director w.e.f 01 November 2016 on completion of his tenure of 3 years.

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Vijaya Bank changes directorate
Nov 02,2016

Y Muralikrishna, workmen Director of Vijaya Bank has ceased to a director w.e.f 01 November 2016 on completion of his tenure of 3 years.

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National Plastic Industries increases production capacity
Nov 02,2016

National Plastic Industries has announced that it had increased the production capacity by 3600 tons per year at the Silvassa unit of the company from 01st November 2016.

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National Plastic Industries increases production capacity
Nov 02,2016

National Plastic Industries has announced that it had increased the production capacity by 3600 tons per year at the Silvassa unit of the company from 01st November 2016.

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Inani Marbles & Industries fixes record date
Nov 02,2016

Inani Marbles & Industries has fixed 11th November 2016 as the record date for the purpose of sub-division of equity shares of face value of Rs 10 each fully paid up into five equity shares of Rs. 2 each fully paid up.

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Niraj Cement Structurals approves increase in authorized capital
Nov 02,2016

The board of Niraj Cement Structurals has approved the increase in authorized share capital and issue of convertible warrants by way of preferential issue to the Promoters and others.

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Niraj Cement Structurals approves increase in authorized capital
Nov 02,2016

The board of Niraj Cement Structurals has approved the increase in authorized share capital and issue of convertible warrants by way of preferential issue to the Promoters and others.

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Parag Milk Foods to hold board meeting
Nov 02,2016

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 9 November 2016, to consider and take on record the Un-Audited Financial Results of the Company for the quarter and half year ended 30 September 2016.

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Parag Milk Foods to hold board meeting
Nov 02,2016

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 9 November 2016, to consider and take on record the Un-Audited Financial Results of the Company for the quarter and half year ended 30 September 2016.

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