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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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Board of Avance Technologies approves consolidation of equity shares
Mar 03,2017

Avance Technologies announced that the Board of Directors of the Company at its meeting held on 03 March 2017 inter alia considered and approved consolidation of Equity Share Capital of the Company from Re. 1/- to Rs. 10/- each subject to approval of the Members through Postal Ballot.

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Housing Development Finance Corporation to pay interim dividend
Mar 03,2017

Housing Development Finance Corporation will pay interim dividend from 20 March 2017.

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State Bank of Mysore fixes record date for merger with State Bank of India
Mar 03,2017

State Bank of Mysore has fixed 17 March 2017 as record date for issue of shares of State Bank of India to eligible shareholders of State Bank of Mysore who are entitled to receive 22 equity shares of face value of Re 1 of State Bank of India for every 10 equity shares of face value of Rs 10 each held by them in State Bank of Mysore pursuant to acquisition of State Bank of Mysore by State Bank of India.

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Ujjivan Financial Services to allot 94,322 equity shares
Mar 03,2017

Ujjivan Financial Services announced that the Stakeholders Relationship Committee of the Board in its meeting held today on 03 March 2017 has approved the allotment of 94,322 Equity Shares of Rs. 10/- each towards the exercise of vested stock options under various ESOP Schemes of the Company.

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TCS recognised as Business Superbrand for 3rd consecutive year
Mar 03,2017

Tata Consultancy Services has been awarded the Business Superbrands status for the third year in a row by The Centre for Brand Analysis, following the most recent evaluation of the long running annual survey, which has been identifying the UKs leading business to business brands since 2001.

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Gokul Agro Resources announces demise of director
Mar 03,2017

Gokul Agro Resources announced the demise of Mangharam Kotak - Independent Director of the Company on 02 March 2017.

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Shyam Century Ferrous announces resignation of CFO
Mar 03,2017

Shyam Century Ferrous announced that Sunil Kumar Jha, Chief Financial Officer (CFO) of the Company has resigned from the services of the Company. The Company has accepted his resignation and relieved him from his responsibilities effective close of the business hours of 27 February 2017.

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Wipro partners with First Book
Mar 03,2017

Wipro announced its partnership with First Book for distribution of approximately 43,000 books in Dallas. This book distribution partnership is part of Wipros broader corporate citizenship initiatives to engage with local communities where Wipro has a strong presence. This event is part of a three year partnership between Wipro and First Book to distribute more than 200000 books to children in need.

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Wipro partners with University of North Texas at Dallas
Mar 03,2017

Wipro and the University of North Texas at Dallas announced the expansion of the Wipro Science Education Fellowship Program in the United States.

The three year program, funded entirely by Wipro will commence in August 2017. In addition with the partnership with University of North Texas Dallas, Wipro has partnered with four other universities in the US.

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Nestle India collaborates launches Project Jagriti in Nagpur
Mar 03,2017

Nestle India in association with MAMTA Health Institute for Mother and Child, a national non-for-profit organization, launched Project Jagriti in Nagpur to create awareness about nutrition and the benefits of breastfeeding to positively impact health at key life stages.

The objective of this initiative is to accelerate the uptake of health services by improving continuum of care on health, nutrition and hygiene practices amongst adolescents, young couples and care givers.

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Owning a House Becomes Easier for Army Personnel
Mar 03,2017

Army personnel by virtue of deployment in remote areas find it extremely difficult to invest time in buying a good house, therefore, to fulfill this essential need and meet the aspirations, AWHO has come up with a pragmatic business model called the Private Industry Collaborative Business Model which will facilitate acquiring houses from reputed private builders at discounted prices for Army personnel & Veer Naris. A Pilot Project is being undertaken in Delhi/ NCR and based on its success, similar ventures will be executed in other locations.

Major advantages of this concept are detailed market research to identify the most suitable builder/ project, negotiations for price reduction, due diligence and buyer friendly terms & conditions. Prop Equity, a leading Real Estate Data & Analytics Consultant firm has been selected after a prolonged process to undertake the facilitation process forward.

This historical MoU was signed by Lt Gen Rakesh Sharma, UYSM, AVSM, VSM, Chairman (Ex-Officio) AWHO and Mr Samir Jasuja, MD, Prop Equity Analytics on 3 March 2017.

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Shriram Asset Management Co appoints director
Mar 03,2017

Shriram Asset Management Co has appointed Kshiti Ranjan Das as Additional Director of the Company with effect from 06 March 2017.

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Firstsource Solutions allots 442,500 equity shares
Mar 03,2017

Firstsource Solutions has allotted 442,500 Equity shares of Rs.10/- each on 24 February 2017, under Employee Stock Option Scheme 2003 of the Company. Consequent to the said allotment, the paid up capital of the Company has increased to Rs. 6,800,366,370 consisting of 680,036,637 Equity shares of Rs.10/- each.

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Raj Packaging Industries to hold board meeting
Mar 03,2017

Raj Packaging Industries will hold a meeting of the Board of Directors of the Company on 9 March 2017, to consider appointment of Ms. Khushboo Joshi as Whole time Company Secretary of the Company, Authorization for E-Trade Facility - Online with bank and any other business with the permission of the Chair.

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Vista Pharmaceuticals to hold board meeting
Mar 03,2017

Vista Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 7 March 2017, to consider Proposal for raising of funds by way of issue of equity/warrants or debt.,Any other business with the permission of the Chair.

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