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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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Thomas Cook (India) provides update on subsidiary - Quess Corp
Feb 08,2017

Thomas Cook (India) announced that Quess Corp (Formerly known as IKYA Human Capital Solutions), a subsidiary of Thomas Cook (India), has entered into definitive agreements for acquiring Comtel Solutions, Singapore on 06 February 2017.

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Protection of consumers interests in digital mode of payment
Feb 08,2017

Instructions have been issued on Merchant Discount Rate (MDR) Structure on June 28, 2012 capping the MDR @ 0.75% for payment made through debit cards upto Rs. 2000/- and @ not exceeding 1 % for transaction value above Rs. 2000/-. Further, in order to facilitate wider acceptance of card payments, following temporary measures have been introduced for the period from Jan 1, 2017 applicable till March 31, 2017:

i. For transactions upto Rs. 1000/- MDR shall be capped at 0.25% of the transaction value.

ii. For transactions above Rs. 1000/- and upto Rs. 2000/-, MDR shall be capped at 0.5% of the transaction value.

Reserve Bank of India has been continuously striving to promote electronic transactions by making it safe, secure accessible and efficient. Toward this end, a number of measures have been taken on n++Security and Risk Mitigation Measures for Securing Electronic Payment Transactionsn++ which can broadly be put in to 4 categories.

i. Securing Card Present Transactions

ii. Securing Card not Present Transactions/On line card not present transactions.

iii. Securing Payments through Internet banking /Electronic Payments-RBI has required banks to introduce additional measures to secure electronic mode of payments like RTGS, NEFT and IMPS.

iv. On line alerts for all type of card transactions - RBI instructed banks to send on line alerts to customers for all type of card transactions

Honble Finance Minister in Budget Speech 2017-18 has proposed to create a Payments Regulatory Board in the Reserve Bank of India by replacing the existing Board for Regulation and Supervision of Payment and Settlement Systems. Necessary amendments are proposed to this effect in the Finance Bill 2017.

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Kopran hits 52-week high after robust Q3 earnings
Feb 08,2017

The result was announced after market hours yesterday, 7 February 2017.

Meanwhile, the S&P BSE Sensex was down 18.05 points, or 0.06%, to 28,353.21.

On the BSE, 7.96 lakh shares were traded on the counter so far as against the average daily volumes of 78,607 shares in the past one quarter. The stock had hit a high of Rs 71.65 so far during the day, which is also its 52-week high. The stock hit a low of Rs 65.65 so far during the day.

The stock had hit a 52-week low of Rs 40.65 on 29 February 2016.

The small-cap company has equity capital of Rs 43.25 crore. Face value per share is Rs 10.

Kopran is an integrated pharmaceutical company manufacturing a large range of products. It manufactures both active pharmaceutical ingredients and finished dosage forms.

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Coromandel Agro Products and Oils to hold board meeting
Feb 08,2017

Coromandel Agro Products and Oils will hold a meeting of the Board of Directors of the Company on 11 February 2017.

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BMB Music & Magnetics to hold board meeting
Feb 08,2017

BMB Music & Magnetics will hold a meeting of the Board of Directors of the Company on 13 February 2017, to consider and approve the Unaudited Financial Results of the Company, for the Quarter and Nine Months Ended on 31 December 2016.

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Yuvraaj Hygiene Products to hold board meeting
Feb 08,2017

Yuvraaj Hygiene Products will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and approve the Unaudited Financial Results for the quarter and nine months ended 31 December 2016 & Issue of Convertible Warrants through Preferential Offer

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Tirupati Inks to hold board meeting
Feb 08,2017

Tirupati Inks will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and approve the Unaudited Financial Results of the Company, for the Quarter and Nine Months Ended on 31 December 2016.

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Azure Exim Services to hold board meeting
Feb 08,2017

Azure Exim Services will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and approve the Limited Review Report on the Un-audited Financial Result for the Quarter ended 31 December 2016.

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Surya Industrial Corporation to hold board meeting
Feb 08,2017

Surya Industrial Corporation will hold a meeting of the Board of Directors of the Company on 14 February 2017, to Consider and approve the Limited Review Report on the Un-audited Financial Result for the Quarter ended 31 December 2016.

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Kausambi Vanijya to hold board meeting
Feb 08,2017

Kausambi Vanijya will hold a meeting of the Board of Directors of the Company on 14 February 2017, to Consider and approve the Limited Review Report on the Un-audited Financial Result for the Quarter and half year ended on 31st December, 2016.

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White Diamond Industries to hold board meeting
Feb 08,2017

White Diamond Industries will hold a meeting of the Board of Directors of the Company on 14 February 2017, for approving and taking on record the Quarterly Unaudited Financial Results of the Company for the Quarter ended 31 December 2016.

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Generic Engg. Constructn. & Projects to hold board meeting
Feb 08,2017

Generic Engg. Constructn. & Projects will hold a meeting of the Board of Directors of the Company on 14 February 2017, to approve Un-Audited Financial Results along with Limited Review Report for the Quarter and nine months period ended on 31 December 2016.

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Modi Naturals to hold board meeting
Feb 08,2017

Modi Naturals will hold a meeting of the Board of Directors of the Company on 13 February 2017, to consider the Unaudited Financial Results of the Company for the quarter ended 31 December 2016.

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Netvista Information Technology to hold board meeting
Feb 08,2017

Netvista Information Technology will hold a meeting of the Board of Directors of the Company on 14 February 2017, to Consider and approve the Limited Review Report on the Un-audited Financial Result for the Quarter ended 31 December 2016.

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Board of ICRA to consider buyback of shares along with Q3 results
Feb 08,2017

ICRA announced that the Board of Directors will consider proposal for Buy-back of the equity shares of the Company at the meeting scheduled to be held on 09 February 2017 inter alia, for the purpose of approving the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended 31 December 2016 (Q3).

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