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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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UP Hotels to hold AGM
Mar 23,2017

UP Hotels announced that the 55th Annual General Meeting (AGM) of the company will be held on 31 March 2017.

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NHPC signs PPAs with Tata Power- Delhi Distribution
Mar 23,2017

NHPC has signed Power Purchase Agreements in respect seven power stations namely Bairasiul, Salal, Tanakpur, Chamera-I, Uri-I, Sewa-II and Chamera-III with Tata Power- Delhi Distribution on 22 March 2017. The said PPAs are for a period of 35 years from the date of COD of last unit of respective power stations or balance useful life of respective power stations.

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Oil India fixes record date for buyback of shares
Mar 23,2017

Oil India has fixed 05 April 2017 as the Record Date for the purpose of Buy-Back of Equity Shares.

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Hindustan Petroleum Corporation fixes record date for 2nd interim dividend
Mar 23,2017

Hindustan Petroleum Corporation has fixed 27 March 2017 as record date for payment of 2nd interim dividend. The Interim Dividend is proposed to be paid on or before 31 March 2017.

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Indian Oil Corporation fixes record date for 2nd interim dividend
Mar 23,2017

Indian Oil Corporation has fixed 27 March 2017 as record date for payment of 2nd interim divided.

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Bharat Petroleum Corporation fixed record date for 2nd interim special dividend
Mar 23,2017

Bharat Petroleum Corporation has fixed 27 March 2017 as record date to determine the eligibility of the shareholders to receive the said 2nd Interim Special Dividend. The dividend will be paid or the warrant in respect thereof will be posted on or before 21 April 2017.

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Amba Enterprises fixes record date for interim dividend
Mar 23,2017

Amba Enterprises has fixed 31 March 2017 as record date for payment of interim dividend for financial year 2016-17.

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FPIs extends buying
Mar 23,2017

Foreign portfolio investors (FPIs) bought stocks worth a net Rs 216.28 crore from the secondary equity markets yesterday, 22 March 2017, compared with net inflow of Rs 1621.85 crore on 21 March 2017. On that day, the Sensex fell 317.77 points or 1.08% to settle at 29,167.68, its lowest closing level since 10 March 2017.

The net inflow of Rs 216.28 crore on 22 March 2017 was a result of gross purchases of Rs 6619.67 crore and gross sales of Rs 6403.39 crore.

There was a net outflow of Rs 5.71 crore from the category primary market & others on 22 March 2017, which was a result of gross purchases of Rs 0.20 crore and gross sales of Rs 5.91 crore.

FPIs bought stocks worth a net Rs 20377.53 crore in March 2017 so far (till 22 March 2017). They had purchased stocks worth a net Rs 8322.23 crore in February 2017. FPIs have purchased shares worth a net Rs 27384.63 crore from the secondary equity markets in calendar year 2017 so far (till 22 March 2017). They had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.

There was a net inflow of Rs 793.65 crore from FPIs into the category primary market & others in March 2017 so far (till 22 March 2017). FPIs bought stocks worth a net Rs 1579.95 crore from the category primary market & others in February 2017. FPIs have purchased shares worth a net Rs 2512.13 crore from the category primary markets & others in calendar year 2017 so far (till 22 March 2017). The net inflow from FPIs in the category primary markets & others had totaled Rs 8471.76 crore in calendar year 2016.

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NTPC appoints company secretary
Mar 23,2017

NTPC announced that Kalyan Prasad Gupta, Executive Director, has taken over the charge as Company Secretary (KMP) of NTPC with effect from 22 March 2017

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Sunil Hitech Engineers receives LoA from NHAI
Mar 23,2017

Sunil Hitech Engineers (SHEL) has recently been mandated through a Letter of Award (LoA) from National Highways Authority of India (NHAI) to construct and widen the existing 2-lane Bodhre to Dhule road section of NH-211 to four/six lane configuration in the State of Maharashtra for a bid project cost of Rs. 982 crore on Hybrid annuity Model (HAM).

The construction of the 67.2 km road also include 2 new ROBs, 6 underpasses, 4 major bridges, 26 minor bridges and 2 new bypasses.

The Company will be signing the Concession Agreement soon. The construction period is 2.5 years.

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The nuclear power plants in the country are presently operating close to their rated capacity
Mar 23,2017

The Government, in July 2014, had announced tripling of the then existing capacity of 4780 MW in the next ten years. With the commencement of commercial operation of Kudankulam Nuclear Power Project (KKNPP), Unit-1 (1000 MW) in December 2014, the installed nuclear power capacity in the country has reached 5780 MW. In addition, KKNPP, Unit-2 (1000 MW) has been connected to the grid for the first time in August-2016 and is presently generating infirm power. On commencement of commercial operation of KKNPP-2, the installed nuclear power capacity in the country will reach to 6780 MW.

Further, four reactors with a total capacity of 2800 MW are under construction and four more reactors with a total capacity of 3400 MW have been accorded sanction by the Government. Bharatiya Nabhikiya Vidyut Nigam Limited (BHAVINI), a public sector company under Department of Atomic Energy (DAE), is building one 500 MWe capacity Prototype Fast Breeder Reactor (PFBR) at Kalpakkam, Tamil Nadu. PFBR is expected to be functional by October 2017. On progressive completion of these projects, the installed nuclear capacity will reach 13480 MW. More reactors based on both indigenous technologies and with foreign technical cooperation are also planned in future.

The present share of nuclear energy in the country is about 3.2% in the current financial year 2016-17 (up to Feb-2017).

The nuclear power plants in the country are presently operating close to their rated capacity.

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Best Steel Logistics provides business update
Mar 23,2017

Best Steel Logistics announced that the Company has done 87,230 Metric ton of Logistics businesses in the last five months ending on February 2017.

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NTPC commissions 2nd unit of 800 MW of Kudgi Super Thermal Power Station
Mar 23,2017

NTPC has commissioned 2nd unit of 800 MW of Kudgi Super Thermal Power Station (3 X 800 MW) has been commissioned. With this, the commissioned capacity of Kudgi Super Thermal Power Station, NTPC and NTPC group has become 1600 MW, 42977 MW and 49943 MW respectively.

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Dilip Buildcon secures three road projects in Maharashtra
Mar 23,2017

Dilip Buildcon announced that the Company has been L1 for order valued Rs 3269 crore by NHAI in Maharashtra for three projects -

1. Four Laning of Mahagaon to Yavatmal section of NH-361 from Km 320.580 to Km 400.575 (Package-II) in the state of Maharashtra under NHDP Phase IV on Hybrid Annuity mode at a Project cost of Rs. 1160.64 crore.

2.Four Laning of Yavatmal to Wardha section of NH-361 from Km 400.575 to Km 465.500 (Package-III) in the state of Maharashtra under NHDP Phase IV on Hybrid Annuity Mode at a Project cost of Rs. 1043.28 crore.

3.Four Laning of Wardha-Butibori Section of NH-361 from km 465.500 to km 524.690 (design length 59.190 km) under NH (O) in the State of Maharashtra on Hybrid Annuity Modeat a Project cost of Rs. 1065.51 crore.

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Marathon Nextgen Realty provides update on buyback of shares
Mar 23,2017

Marathon Nextgen Realty has received intimation from Promoter - Ithaca Informatics vide letter dated 22 March 2017, in respect of its intention to participate and tender upto 54,37,345 no. of Equity Shares in the proposed buy-back of Equity Shares of the Company.

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