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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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Hong Kong Stocks rise on firm Wall Street lead
Nov 30,2016

The Hong Kong stock market ended higher on Wednesday, 30 November 2016, as risk sentiments buoyed by tracking gains in Wall Street overnight and ahead of next weeks unveiling of the much-anticipated Shenzhen-Hong Kong Stock Connect, which will offer foreign individual investors access to the tech-heavy Shenzhen market for the first time. Investors apparently took heart from brisk U.S. economic indicators, including an upward revision to gross domestic product data for July-September. But gains were capped as investors remained cautious ahead of an OPEC meeting and Italys referendum result. Most sectors in Hong Kong rose, with telecommunication shares among the best performers, while energy and the raw materials sector suffered the most damage. The Hang Seng Index ended up 0.23%, or 52.70 points, to 22,789.77 while the Hang Seng China Enterprises index fell 0.08%, or 8.15 points, to 9,838.06. Turnover increased to HK$88.9 billion from HK$68.7 billion on Tuesday.

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China Stocks end 1% down
Nov 30,2016

Mainland China stock market closed down on Wednesday, 30 November 2016, as concerns over liquidity squeeze after official data showing the Peoples Bank of China injected a mere 15 billion yuan in November through open market operations, compared with Octobers 441 billion yuan. Most of SSE sectors declined, with energy and materials issues being major losers. The blue-chip CSI300 index fell 0.73%, to 3,538. The Shanghai Composite Index lost 1% to 3,250.03 points, while the Shenzhen Composite Index, which tracks stocks on Chinas second exchange, dropped 0.16% to 2,106.91. For the month, CSI300 surged 6%, its best monthly gain in eight months, while the SSEC gained 4.8%.

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Nikkei holds gain line
Nov 30,2016

The Japan share market finished edge above the neutral line on Wednesday, 30 November 2016, after official data indicated Japans industrial production rose for a third consecutive month in October, with a slight gain just beating the median forecast of economists, as the nations exports compensate for weak domestic spending. Market gains were, however, capped ahead of key events from OPEC talks to the series of key economic events and Italys referendum. Total 17 out of 33 TSE industry category on the main section gained ground, led by Securities & Commodities Futures, Glass & Ceramics Products, Fishery, Agriculture & Forestry, and Construction issues, whilst Iron & Steel, Nonferrous Metals, Mining, and Oil & Coal Products issues being major losers. The benchmark Nikkei 225 index added 0.01%, or 1.44 points, to close at 18,308.48, while the broader Topix index of all first-section issues gained 0.06%, or 0.86 point, to 1,469.43.

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Use of Natural Gas Including LNG being Facilitated to Tackle The Menace of Air Pollution
Nov 30,2016

The Government is facilitating use of natural gas, including Liquefied Natural Gas (LNG) as a clean fuel to tackle the menace of air pollution in the country. In a way forward, Petronet LNG (PLL) alongwith M/s Tata Motors and Indian Oil Corporation Limited have carried out a test run of an LNG fueled bus on November 8, 2016 in Thiruvananthapuram (Kerala). The project is at pilot stage and its commercial operation based on LNG fuel depends upon success of pilot project and subsequent requisite clearances.

The Ministry of Petroleum & Natural Gas (MoP&NG) has taken an initiative to explore the possibility of usage of Liquefied Natural Gas (LNG) as a transportation fuel in Road Transport sector. MoP&NG has requested Petroleum and Explosives Safety Organization (PESO) to frame relevant safety guidelines for LNG usage for automobile. Accordingly, PESO, has constituted an expert committee, comprising of a Chairperson, a Member-Secretary and 10 Members to make recommendations in respect of the following -

(i) For amendment in Gas Cylinders Rules, 2004 regarding LNG container for automotive application.

(ii) For amendment in the Static and Mobile Pressure Vessels (Unfired) [SMPV (U)] Rules, 1981 for setting up of LNG dispensing stations.

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Board of NLC India to consider Q2 results
Nov 30,2016

NLC India announced that the meeting of Board of Directors of the Company is scheduled to be held on 09 December 2016, inter alia, to consider and approve the un-audited financial results for the quarter and half year ended 30 September 2016 (Q2).

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Monnet Ispat & Energy to announce Septmeber quarter results
Nov 30,2016

Monnet Ispat & Energy announced that a meeting of the Board of Directors will be held on 09 December 2016, inter alia, to consider Unaudited Financial Results for the quarter ended on 30 September 2016.

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Rolta India to announce September quarter and half year results
Nov 30,2016

Rolta India announced that the meeting of the Board of Directors of the Company will be held on 09 December 2016, inter alia, to consider and take on record, the Unaudited Consolidated & Standalone Financial Results of the Company, for the quarter and half year ended 30 September 2016.

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CCRI releases High Yielding Variety of Robusta and Arabica Coffee Plants
Nov 30,2016

The Central Coffee Research Institute (CCRI) of Coffee Board is releasing high yielding and disease resistant varieties of Arabica and Robusta from time to time. In Arabica, Chandragiri a semi-dwarf variety with high degree of field tolerance to leaf rust disease and high yield potential has been released for commercial cultivation during 2007-08 season. In addition, three genotypes of Arabica have been given for multi-location trials in growers field during 2014-15. In Robusta, the improved hybrid variety already developed by CCRI is most preferred among the growers because of its high yield potential and quality of beans. Further research for development of drought resistant variety of Robusta has been taken up by CCRI.

CCRI has developed and refined the clonal propagation techniques and has supplied around 1,62,000 rooted clones of hybrid variety to the growers from 2014-15 onwards. Training programmes are organized to build the capacity of growers in clonal production methods. Clonal nurseries have been set up in about 10 estates with the technical support of CCRI. Efforts are being made to involve the unemployed youth and self-help groups for clonal multiplication of Robusta coffee.

Coffee Board is also implementing Integrated Coffee Development Project under which various interventions such as research & development, technology transfer, capacity building, replacing the old unproductive varieties with improved high yielding/disease tolerant varieties, water augmentation and mechanization etc. are undertaken for the overall improvement of production, productivity and quality of coffee.

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Board of J Kumar Infraprojects to consider September quarter and half year results
Nov 30,2016

J Kumar Infraprojects announced that a Board Meeting of the Company will be held on 09 December 2016, inter alia:

- To consider and take on record the Un-Audited Financial Results for Quarter and Six Months ended on 30 September 2016

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D B Realty to announces Q2 and HY results
Nov 30,2016

D B Realty announced that a meeting of the Board of Directors of the Company will be held on 09 December 2016, inter alia, to consider and approve the unaudited financial statements of the Company for the 2nd quarter and half year ended 30 September 2016.

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Board of Vedanta approves private placement of NCDs aggregating Rs 200 cr
Nov 30,2016

Vedanta announced that the meeting of Board constituted Committee of Directors held on 30 November 2016 approved offering for subscription, on private placement basis, up to 2000 secured, rated, listed, redeemable, non-convertible debentures of face value of Rs 10 lakh each aggregating up to 200 crore.

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Board of A F Enterprises to consider alteration in AoA and MoA
Nov 30,2016

A F Enterprises announced that the meeting of the Board of Directors will be held on 06 December 2016, inter alia, to transact the following businesses:

1. To adopt new set of AOA and MOA as per Companies Act, 2013.

2. To alter the main objects of the Company by means of Postal Ballot.

3. To consider and approve draft notice of Postal Ballot.

4. To consider and approve the appointment of Mukta Debnath as the Company Secretary & Compliance Officer of the Company.

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Dr Lal Pathlabs announces resignation of nominee director
Nov 30,2016

Dr Lal Pathlabs announced that the Company has, on November 30, 2016 received, an intimation dated 29 November 2016 from Naveen Wadhera, Nominee Director, tendering his resignation from the Company with immediate effect.

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Board of Swiss Glascoat Equipments to consider preferential allotment of warrants
Nov 30,2016

Swiss Glascoat Equipments announced that the Meeting of the Board of Directors of the Company is convened on 03 December 2016, to transact the business as stated in the agenda sent to the Directors and in particular for approval related to the issue and allotment of warrants convertible into equity shares on preferential basis in accordance with the provisions of Chapter VII of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended from time to time.

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Board of Steel Authority of India to consider Q2 results
Nov 30,2016

Steel Authority of India announced that the meeting of the Board of Directors of Company will be held on 08 December 2016, inter-alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the half year ended September 30, 2016 (Q2).

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