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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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KDDL to hold board meeting
Oct 03,2016

KDDL will hold a meeting of the Board of Directors of the Company on 7 October 2016 to consider and recommend the further issue of equity shares/ warrants to promoters/ others through preferential allotment.

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Gujarat Cotex to hold AGM
Oct 03,2016

Gujarat Cotex announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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Shamrock Industrial Co to hold AGM
Oct 03,2016

Shamrock Industrial Co announced that the 25th Annual General Meeting(AGM) of the company on 30 September 2016.

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Ministry of Corporate Affairs launched a Simplified Proforma for Incorporating a Company Electronically (SPICe) e-Form
Oct 03,2016

The Ministry of Corporate Affairs has taken another bold initiative in Government Process Re-engineering (GPR) and launched a Simplified Proforma for Incorporating a Company Electronically (SPICe) e-Form, on the occasion of Gandhi Jayanthi 2016.The main objective of launching this e-Format proforma, SPICe, is to provide speedy incorporation related services within stipulated time frames which are in line with the international best practices.

SPICes USP is as follows: -

1.Simplified and completely Digital form for Company Incorporation

2.Standard format of e-Memorandum of Association as per Companies Act, 2013

3.Standard format of e-Articles of Association as per Companies Act, 2013

4.Memorandum and Articles will now be filed as linked e-forms (except for Section 8 companies)

5.Provision to apply for Company Incorporation with a pre-approved Company Name

6. Mandatory DSCs of Subscribers and Witnesses (max 7+1) in SPICe MOA and SPICe AOA

7.Back Office productivity gains due to faster review of e-MOA and e-AOA by approving authorities.

Existing INC-29 and INC-7 will be phased-out and SPICe will be the Sole, Simplified & Versatile form available for incorporation of a company in India

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Developing and Operating Inland Water Transport Terminal at Kolkata and Patna under PPP Model
Oct 03,2016

Inland Waterways Authority of India (IWAI), Ministry of Shipping, has identified development and operation of Kolkata Terminals GR Jetty -I, GR Jetty-II & BISN and Patna Terminals Gaighat & Kalughat on National Waterways -1 i.e. River Ganga under the Public-Private Partnership (PPP) model. After invitation of bids, nine firms have expressed their interest in taking up the project and the work is expected to be awarded by November, 2016.

This is the first PPP project undertaken by the IWAI. Under the transactional structure worked out by International Finance Corporation (IFC), the operator will undertake the operations and maintenance services at both Kolkata and Patna clusters and invest in equipment handling mechanism, goods, items, container loading and unloading equipment and warehousing. The operator will also provide labour, professionals, supervisory, and managerial personnel for performance of operations and maintenance services.

The operator will have the right to demand and collect user fees from the users. Service charges would be revised from time to time so as to suitably reflect variation in the market conditions. The operator will be responsible for the payment of revenue share to IWAI for the period commencing from the third anniversary of the appointment date until the duration of the concession. The Operator is expected to handle 10,000 TEU or 15,000 tonnes at both the Terminals within five years of signing the contract.

IWAI will finalise the Front End Design (FEED) of the Kalughat Terminal and construct it with the technical assistance of the World Bank under Jal Marg Vikas Project. IWAI will initially invest Rs 80 crore for the estimated cost construction of the Kalughat Terminal and Rs 10 crore as the cost of land acquisition of about 2-3 hectares for the container cargo Terminal. IWAI has taken land on lease for thirty years for GR Jetty I & II, and BISN Terminal in Kolkata.

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Parsharti Investment to hold AGM
Oct 03,2016

Parsharti Investment announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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Chokhani Global Express to hold AGM
Oct 03,2016

Chokhani Global Express announced that the 25th Annual General Meeting(AGM) of the company on 30 September 2016.

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East Buildtech to hold AGM
Oct 03,2016

East Buildtech announced that the 32th Annual General Meeting(AGM) of the company on 30 September 2016.

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Rander Corporation to hold AGM
Oct 03,2016

Rander Corporation announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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Gopala Polyplast to hold AGM
Oct 03,2016

Gopala Polyplast announced that the 32th Annual General Meeting(AGM) of the company on 29 September 2016.

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Trilogic Digital Media to hold AGM
Oct 03,2016

Trilogic Digital Media announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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Associated Stone Industries (Kotah) to hold board meeting
Oct 03,2016

Associated Stone Industries (Kotah) will hold a meeting of the Board of Directors of the Company on 1 October 2016.

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Integrated Capital Services to hold board meeting
Oct 03,2016

Integrated Capital Services will hold a meeting of the Board of Directors of the Company on 14 October 2016 to consider and approve un-audited financial results of the Company for the quarter and half year ended September 30, 2016.

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Learning Edge Academy of Profess. to hold AGM
Oct 03,2016

Learning Edge Academy of Profess. announced that the 7th Annual General Meeting(AGM) of the company on 30 September 2016.

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Hawa Engineers to hold AGM
Oct 03,2016

Hawa Engineers announced that the 23th Annual General Meeting(AGM) of the company on 30 September 2016.

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