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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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Eastern Treads wins two orders for supplying tyre retreading material
Jan 16,2017

Eastern Treads has won the tender for supplying the Tyre retreading materials to Karnataka State Road Transport Corporation & Rajasthan State Road Transport Corporation.

The Company obtained order to supply 200 MT and 90 MT of Tyre retreading materials respectively from Rajasthan State Road Transport Corporation and Karnataka State Road Transport Corporation to meet their 6 months tyre retreading requirements.

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Khemani Distributors & Marketing fixes record date for stock split
Jan 16,2017

Khemani Distributors & Marketing announced that the Company has fixed 03 February 2017 as the Record Date for the purpose of Sub-division of 1 (one) Equity Share of face value of Rs. 10/- (Rupees Ten only) each into 2 (Two) Equity Shares of Rs. 5/- (Rupees Five only) each.

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Outcome of board meeting of Dewan Housing Finance Corporation
Jan 16,2017

Dewan Housing Finance Corporation announced that the Board of Directors of the Company at its meeting held on 16 January 2017 has approved the issuance of non-convertible secured/ unsecured debentures up to an amount of Rs 5000 crore and non-convertible subordinated debentures upto an amount of Rs 1000 crore on private placement basis for the quarter.

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Board of Netlink Solutions (India) to consider Q3 results
Jan 16,2017

Netlink Solutions (India) announced that a meeting of the Board of Directors of the Company is scheduled to be held on 30 January 2017, inter alia, to consider and approve, the following:

1. Unaudited Financial Results for the Third Quarter ended 31 December 2016.

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Hindustan Copper Board approves proposal for increase in borrowings to Rs 550 cr
Jan 16,2017

Hindustan Copper announced that the Board of Directors of the Company at its meeting held on 16 January 2017 has considered and approved proposal for increase in borrowing from the consortium banks / other banks by way of overdraft or cash credit, working capital demand loan, bill discounting, other working capital arrangements from existing Rs 250 crore to Rs 550 crore.

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Ministry of Earth Sciences Commissions Higher Resolution Weather Prediction Model
Jan 16,2017

The Ministry of Earth Sciences (MoES) has commissioned a very high resolution (12 km) global deterministic weather prediction model for generating operational weather forecasts. The model has been on trial since September 2016. It has shown significant improvements in skill of daily weather forecasts. This model has been made operational from January 16, 2017.

The present model replaces the earlier version which had a horizontal resolution of 25 km. It was very helpful, especially in predicting the track and the intensity of the recent Very Severe Cyclonic Storm Vardah and the cold wave over the northern parts of India.

MoESs operational Ensemble Prediction System (EPS) will also be upgraded to 12 km. For this the High Performance Computing (HPC) system resources available with MoES is to be augmented to 10 Peta Flops from the current 1.2 Peta Flops. The operational EPS currently has a horizontal resolution of about 25 km.

The EPS is adopted to overcome the problem of uncertainties in the forecasts. It involves the generation of multiple forecasts using slightly varying initial conditions. The EPS also help generate probabilistic forecasts and quantify the uncertainties.

The Ministry of Earth Sciences (MoES) provides Weather, Climate and Hydrological Services to various users round the year and 24/7. Both operational and research aspects for these services are implemented through its constituent units India Meteorological Department (IMD), National Centre for Medium Range Weather Forecasting (NCMRWF), Indian Institute of Tropical Meteorology (IITM) and Indian National Centre for Ocean Information System (INCOIS).

In general, during the last five years, the skill of weather and climate forecasts in India has improved. The improvement is noted especially in general public weather forecasts, monsoon forecasts, heavy rainfall warnings and tropical cyclone warnings and alerts. The successes in predicting the Tropical Cyclones Phailin/Hudhud, heavy rainfall event in Chennai during December 2015, deficient rainfall during monsoon season of 2015 are the best examples for the improvement in prediction capability during the recent years.

Focused research and development activities have been carried out at IITM, NCMRWF and IMD on weather prediction model development and data assimilation methods. Data from the International and Indian satellites are being assimilated in the weather prediction models.

The communication of forecasts to the stake holders on time and in proper language is very important in the effective use of weather and climate forecasts and minimizing the loss and damages due to severe weather. IMD has established an effective mechanism for dissemination of weather and climate forecasts to different stake holders using different communication channels.

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Key Corp standalone net profit declines 22.86% in the December 2016 quarter
Jan 16,2017

Net profit of Key Corp declined 22.86% to Rs 0.27 crore in the quarter ended December 2016 as against Rs 0.35 crore during the previous quarter ended December 2015. Sales declined 24.53% to Rs 0.40 crore in the quarter ended December 2016 as against Rs 0.53 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.400.53 -25 OPM %65.0066.04 - PBDT0.260.36 -28 PBT0.260.35 -26 NP0.270.35 -23

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Reliance Industries standalone net profit rises 9.95% in the December 2016 quarter
Jan 16,2017

Net profit of Reliance Industries rose 9.95% to Rs 8022.00 crore in the quarter ended December 2016 as against Rs 7296.00 crore during the previous quarter ended December 2015. Sales rose 9.26% to Rs 61806.00 crore in the quarter ended December 2016 as against Rs 56567.00 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales61806.0056567.00 9 OPM %17.1618.11 - PBDT12698.0011892.00 7 PBT10621.009724.00 9 NP8022.007296.00 10

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LIC Housing Finance standalone net profit rises 19.18% in the December 2016 quarter
Jan 16,2017

Net profit of LIC Housing Finance rose 19.18% to Rs 499.26 crore in the quarter ended December 2016 as against Rs 418.90 crore during the previous quarter ended December 2015. Sales rose 13.24% to Rs 3512.53 crore in the quarter ended December 2016 as against Rs 3101.76 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3512.533101.76 13 OPM %95.2196.26 - PBDT768.02648.48 18 PBT765.60646.02 19 NP499.26418.90 19

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Dr Agarwals Eye Hospital to announce December quarter results
Jan 16,2017

Dr Agarwals Eye Hospital announced that a meeting of the Board of Directors of the Company is scheduled to be held on 28 January 2017, to consider, approve and take on record the unaudited financial results for the Quarter and Nine months ended 31 December 2016.

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Ravindra Energys Board to consider December quarter results
Jan 16,2017

Ravindra Energy announced that a Meeting of the Board of Directors of the Company will be held on 09 February 2017, inter alia, to consider, approve and take on records the Un-audited Financial Results for the quarter/nine months ended 31 December 2016.

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Board of Titan Securities to consider December quarter results
Jan 16,2017

Titan Securities announced that a meeting of the Board of Directors of Company will be held on 28 January 2017, inter-alia, to consider unaudited financial results of the Company for the quarter ended on 31 December 2016.

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Pasari Spinning Mills to hold board meeting for December quarter results
Jan 16,2017

Pasari Spinning Mills announced that the Board Meeting for consideration and approval of quarterly results for the quarter ending 31 December 2016 shall be held on 27 January 2017.

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Titan Biotech to announce December quarter results
Jan 16,2017

Titan Biotech announced that a meeting of the Board of Directors of Company will be held on 28 January 2017, inter-alia, to consider unaudited financial results of the Company for the quarter ended on 31 December 2016.

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Bengal Tea & Fabrics to hold board meeting for December quarter results
Jan 16,2017

Bengal Tea & Fabrics announced that the meeting of the Board of Directors of the Company is scheduled to be held on 04 February 2017, inter-alia, to consider and take on record the Unaudited Financial Results of the Company for the quarter ended 31 December 2016.

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