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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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Multiple Banking System for EPFO contribution and payments by Signing of Agreement between EPFO and Public & Private Sector Banks
Jul 05,2017

In keeping with the Governments mandate for facilitating Ease of doing business, EPFO has taken a step further. In the august presence of Shri Bandaru Dattatreya, the Minister of State (Independent Charge) for Labour & Employment, EPFO has entered into agreement for collection of EPF dues from employers and payment to beneficiaries as well through multiple-banks in place of erstwhile single banking system here today. Collections of EPF dues have been started with PNB, Allahabad Bank, Indian Bank, Union Bank of India in addition to State Bank of India through direct online mode.

Now, EPFO has signed agreement with another five banks viz. Bank of Baroda, ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank for collection of remittances and payments to beneficiaries, at zero transaction charges.

It will facilitate all the stakeholders of EPFO by allowing the employers to deposit their EPF dues in a hassle-free, anywhere, anytime manner and PF members by direct payments of their bank accounts.

Consequent upon signing of agreement, the employers having bank account with these banks may deposit EPF dues directly in EPFOs account using internet banking on real time basis instead of going through the aggregator mode.

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TCI Industries to hold AGM
Jul 05,2017

TCI Industries announced that the 52th Annual General Meeting(AGM) of the company on 1 August 2017.

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Eimco Elecon (India) to hold AGM
Jul 05,2017

Eimco Elecon (India) announced that the th Annual General Meeting(AGM) of the company on 2 August 2017.

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White Hall Commercial Company to hold board meeting
Jul 05,2017

White Hall Commercial Company will hold a meeting of the Board of Directors of the Company on 4 July 2017.

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Empire Industries to hold board meeting
Jul 05,2017

Empire Industries will hold a meeting of the Board of Directors of the Company on 27 July 2017 Quarterly Results

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Excel Crop Care to hold board meeting
Jul 05,2017

Excel Crop Care will hold a meeting of the Board of Directors of the Company on 24 July 2017 to consider interalia the Unaudited Financial Results of the Company for the quarter ended 30th June, 2017.

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Havells India to hold board meeting
Jul 05,2017

Havells India will hold a meeting of the Board of Directors of the Company on 19 July 2017 to consider and approve, inter alia, the Un-audited Standalone Financial Results of the Company for the first quarter ended 30th June, 2017.

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Himatsingka Seide to hold board meeting
Jul 05,2017

Himatsingka Seide will hold a meeting of the Board of Directors of the Company on 5 July 2017.

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Empire Industries to hold AGM
Jul 05,2017

Empire Industries announced that the th Annual General Meeting(AGM) of the company on 27 July 2017.

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Swan Energy invests in Triumph Offshore
Jul 05,2017

Swan Energy has invested Rs 1 lakh in Triumph Offshore for purchase of its 100% equity shares, equivalent to 10,000 equity shares of Rs 10 each. Consequently, Triumph Offshore has become a subsidiary of the Company of Swan Energy.

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Punjab National Bank announces change in directorate
Jul 05,2017

Punjab National Bank announced that Ravi Mital, Additional Secretary, Department of Financial Services, Ministry of Finance, has been nominated as Govt. Nominee Director of the bank in place of Anil Kumar Khachi by Central Government Vide Govt. Of India, Ministry of Finance, Department of Financial Services Notification F.No. 6/3/2012-BO-I dated 04 July 2017 with immediate effect and until further orders.

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Creative Castings announces resignation of company secretary cum compliance officer
Jul 05,2017

Creative Castings announced that Dharmesh A. Chauhan working with as a Company Secretary cum Compliance Officer has resigned from the said post with effect from 30 June 2017 and he has been relived from his duties.

Further, for the time being, Ashok Shekhat, Chief Financial Officer of the Company, has been vested additional charge to act as a Compliance Officer.

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Toyam Industries announces key appointment
Jul 05,2017

Toyam Industries announced the appointment of Zulfiquar Ghadiyali as Global Strategy Advisor (Member of Advisory Board) of the Company.

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Nishtha Finance & Investment (India) announces new corporate office
Jul 05,2017

Nishtha Finance & Investment (India) announced its new corporate office in the state of Gujarat at Ahmedabad -

Unit No. 2, 2nd Floor Narayana Complex
Neat Navrangpura Bus Stand
Navrangpura
Ahmedabad - 380 009

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Sutlej Textiles and Industries fixes record date for dividend
Jul 05,2017

Sutlej Textiles and Industries has fixed 14 July 2017 as the Record Date for the purpose of Payment of Dividend.

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