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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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Outcome of board meeting of Niraj Cement Structurals
Oct 18,2016

Niraj Cement Structurals announced that the Board of Directors of company at their meeting held on 17 October 2016, inter alia, discussed and approved the followings:

1. Appointment of Gulshan Vijaykumar Chopra as Managing Director.

2. Preferential offer and issue of up to 1,50,00,000 (One Crore Fifty Lacs) Warrants, convertible into equivalent number of Equity Shares of Rs. 10/- each to the promoter and promoter group subject to the required approvals.

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Genera Agri Corp gets extension to hold AGM
Oct 18,2016

Genera Agri Corp gets extension to hold AGM upto 31 December 2016.

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Board of Vikas WSP appoints company secretary
Oct 18,2016

Vikas WSP announced that the Board of Directors at their Meeting held as on 05 September 2016, has appointed Gunjan Kumar Karn as Company Secretary & Compliance Officer of the Company.

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Axis Bank gains after announcing reduction in MCLR
Oct 18,2016

The announcement was made after market hours yesterday, 17 October 2016.

Meanwhile, the S&P BSE Sensex was up 200.45 points or 0.73% at 27,730.42

On BSE, so far 46,000 shares were traded in the counter as against average daily volume of 7.59 lakh shares in the past one quarter. The stock hit a high of Rs 528.20 and a low of Rs 523 so far during the day. The stock had hit a 52-week high of Rs 638 on 7 September 2016. The stock had hit a 52-week low of Rs 366.65 on 18 January 2016.

The large-cap private sector bank has equity capital of Rs 478.08 crore. Face value per share is Rs 2.

Axis Banks net profit fell 21.38% to Rs 1555.53 crore on 13.22% growth in total income to Rs 13852.18 crore in Q1 June 2016 over Q1 June 2015.

Axis Bank said that the banks marginal cost of funds based lending rate (MCLR) for overnight loans will be 8.8%, the rate for one month will be 8.85% and for three months it will be 9.05%. The MCLR on 6-month loans will be 9.15% and for one-year loans the rate will be 9.2%, the bank said. MCLR on two-year loans will be 9.3% and for three-year loans the rate will be 9.35%. The announcement was made after market hours yesterday, 17 October 2016. Separately, Axis Bank announced that it has received request for redemption of $46 million - 7.167% Callable Hybrid Tier I Notes. The Notes were issued on 15 November 2006.

Axis Bank is one of the biggest private sector banks in India.

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RPG Life Sciences allots equity shares
Oct 18,2016

RPG Life Sciences announced that the Nomination and Remuneration Committee of the Board of Directors has on 17 October 2016 allotted 2910 Equity Shares of Rs. 8/- each fully paid-up to the employee of the Company, on exercise of Stock Option.

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Outcome of board meeting of Inani Marbles & Industries
Oct 18,2016

Inani Marbles & Industries announced that Board of Director of the Company at its meeting held on 17 October 2016, inter alia, has considered and approved of the following business:

1. Resignation of Nitin Kumar Nyati as Chief Financial Officer of the Company.

2. Appointment of Mahesh Kumar Inani as additional Director.

3. Appointment of Vandana Balmukund Gattani as Additional Director.

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Shares of Diksat Transworld get listed
Oct 18,2016

The equity shares of Diksat Transworld (Scrip Code: 540151) are listed effective 18 October 2016 and admitted to dealings on the Exchange in the list of M Group Securities.

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Shares of India Green Reality get listed
Oct 18,2016

The equity shares of India Green Reality (Scrip Code: 540152) are listed effective 18 October 2016 and admitted to dealings on the Exchange in the list of MT Group Securities.

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Sports Authority of India collaborate with some identified universities across the country to improve standards of training
Oct 18,2016

Sports Authority of India (SAI) will collaborate with some identified universities across the country to improve standards of training with a view to achieving excellence in sports. For this purpose, each Regional Director of SAI will identify one or two universities with good sports infrastructure and sporting traditions. This decision was taken at a meeting of Heads of SAI Regional Centres, Academic Institutions, SAI Training Centres (STCs) and Special Area Games (SAG) Centres.

Collaboration between SAI and chosen universities is imperative in view of the fact that several universities across the country have excellent sports infrastructure which is not being optimally utilized. Such collaboration is also essential in view of the fact that in big sporting nations like the USA, international athletes mostly come from their universities.

At the meeting, ways were discussed to improve the effectiveness of sports promotion schemes of SAI and providing the best possible facilities to SAI trainees. It was decided to closely monitor the performance of SAI coaches, take steps to constantly upgrade their skills and also to incentivize them. Every SAI Centre has been asked to select sports disciplines for focused attention, keeping in view factors like infrastructure and local traditions. The issue of identification of talent by SAI was also discussed at length. It was decided that SAI would pro-actively hunt for talent by sending its teams to interior areas. Sports science experts will also be part of such teams. SAI will also collaborate with Defence forces to ensure that talented children get selected for nurturing in SAI Centres.

In his remarks at the meeting, Shri Vijay Goel emphasized the need for SAI Centres to closely work with the State Governments and involve local representatives of people so that concerted and coordinated efforts can be made for achieving sports excellence. He also stressed the need for seeking contribution of the corporate sector to upgrade facilities at the SAI Centres. He called for initiating steps to utilize every nook and corner of SAI complexes. He suggested that SAI facilities should be opened to public without disturbing their normal activities of training.

This was after a gap of several years that a Union Sports Minister took a meeting of field functionaries of SAI to understand the problems being faced at the grassroots level and take steps for improvement in future.

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Fiberweb (India) standalone net profit rises 4583.33% in the September 2016 quarter
Oct 18,2016

Net profit of Fiberweb (India) rose 4583.33% to Rs 2.81 crore in the quarter ended September 2016 as against Rs 0.06 crore during the previous quarter ended September 2015. Sales rose 42.41% to Rs 22.06 crore in the quarter ended September 2016 as against Rs 15.49 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales22.0615.49 42 OPM %16.467.68 - PBDT3.621.18 207 PBT2.810.06 4583 NP2.810.06 4583

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Dynamic Archistructures standalone net profit declines 16.92% in the September 2016 quarter
Oct 18,2016

Net profit of Dynamic Archistructures declined 16.92% to Rs 0.54 crore in the quarter ended September 2016 as against Rs 0.65 crore during the previous quarter ended September 2015. Sales declined 36.36% to Rs 0.42 crore in the quarter ended September 2016 as against Rs 0.66 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.420.66 -36 OPM %78.5790.91 - PBDT0.550.65 -15 PBT0.540.65 -17 NP0.540.65 -17

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Zensar Technologies consolidated net profit declines 22.81% in the September 2016 quarter
Oct 18,2016

Net profit of Zensar Technologies declined 22.81% to Rs 74.54 crore in the quarter ended September 2016 as against Rs 96.57 crore during the previous quarter ended September 2015. Sales rose 2.73% to Rs 770.32 crore in the quarter ended September 2016 as against Rs 749.82 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales770.32749.82 3 OPM %14.6616.34 - PBDT116.20142.30 -18 PBT105.10132.07 -20 NP74.5496.57 -23

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Zensar Technologies standalone net profit declines 40.80% in the September 2016 quarter
Oct 18,2016

Net profit of Zensar Technologies declined 40.80% to Rs 43.77 crore in the quarter ended September 2016 as against Rs 73.94 crore during the previous quarter ended September 2015. Sales declined 1.57% to Rs 327.36 crore in the quarter ended September 2016 as against Rs 332.59 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales327.36332.59 -2 OPM %21.5526.98 - PBDT69.77105.28 -34 PBT60.4097.21 -38 NP43.7773.94 -41

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Kome-on Communication reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Oct 18,2016

Net loss of Kome-on Communication reported to Rs 0.01 crore in the quarter ended September 2016. There were no net profit/loss reported during the previous quarter ended September 2015. Sales reported to Rs 0.02 crore in the quarter ended September 2016. There were no Sales reported during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.020 0 OPM %-50.000 - PBDT-0.010 0 PBT-0.010 0 NP-0.010 0

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Welcure Drugs & Pharmaceuticals reports standalone nil net profit/loss in the September 2016 quarter
Oct 18,2016

Welcure Drugs & Pharmaceuticals reported no net profit/loss in the quarter ended September 2016 as against net profit of Rs 0.03 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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