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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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Contract Signed with International Seabed Authority for Exploration of Polymetallic Sulphides in Indian Ocean in September this year
Nov 23,2016

A contract was signed with International Seabed Authority for Exploration of Polymetallic Sulphides in Indian Ocean on 26th September, 2016 in New Delhi. The contract provides India the exclusive rights of exploration in the area near the Rodridgues Tripple Junction in the southern part of Central India ridge and a part of South-West Indian ridge.

The plan for the survey and exploration along with the environmental baseline for the first five years includes the acquisition of multi-beam bathymetric data, seabed characterization, collection of sediment and rock samples, water column sampling followed by data processing, analysis and interpretation.

Majestic Research Services & Solutions gets RoC approval for Red Herring Prospectus filed for Further Public Issue
Nov 23,2016

Majestic Research Services & Solutions announced that the Company has received approval from Registrar of Companies (ROC), Karnataka, Bangalore on 22 November 2016 for Red Herring Prospectus dated 16 November 2016 filed for Further Public Issue of Equity Shares of face value of Rs. 10/- each for cash under Book Built Issue.

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Nitin Fire Protection Industries director resigns
Nov 23,2016

Nitin Fire Protection Industries announced that Ramakant Madhav Nayak has intimated his resignation from the directorship of the Company. He also resigned from directorship / chairmanship of various committees.

The resignation of Ramakant Nayak, Independent Director from the Board of Directors of the Company was accepted with effect from 23 November 2016.

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Jaypee Infratech appoints director
Nov 23,2016

Jaypee Infratech announced that the Board of Directors of the Company has approved the appointment of Sham Lal Mohan as an Additional Director (Independent) w.e.f. 23 November 2016 on the Board of Directors of the Company by passing a resolution by circulation on 22 November 2016.

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Navkar Corporation provides update on subsidiary Navkar Terminals
Nov 23,2016

Navkar Corporation announced that its subsidiary, Navkar Terminals, vide an e-mail dated 22 November 2016 has written to Kribhco Infrastructure (KRIL) for termination of the Agreement dated 02 June 2016 for operation and management of KRILs Container Freight Station (CFS)/ICD and Handling of Container Trains at Hazira Terminal, Gujarat, by Navkar Terminals.

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Welspun Corp appoints MD and CEO
Nov 23,2016

Welspun Corp announced the appointment of Lalit Naik as Managing Director and CEO- designate of the Company with effect from 01 December 2016.

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Power Grid Corporation of India to consider private placement of bonds
Nov 23,2016

Power Grid Corporation of India announced that a meeting of Committee of Directors for Bonds is planned to be held on 28 November 2016 to consider issue of Secured, Redeemable, Non-Convertible, Non-Cumulative, Taxable Bonds (Debenture) under private placement.

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Board of Oil India to consider bonus issue
Nov 23,2016

Oil India announced that the Board would also inter alia consider n++Issue of Bonus Sharesn++ in the Board Meeting scheduled to be held on 28 November 2016

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Rupee drops
Nov 23,2016

Rupee continued to pitch lower to close at 68.56/57 per dollar on Wednesday (23 November 2016), versus its previous close of 68.2079/2220 per dollar.

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IMD Proposes to Bring Out a Cold Weather Outlook For the Period December 2016 to February 2017
Nov 23,2016

Indian Meteorological Department (IMD) has already started issuing of the Hot Weather Season Outlooks from the summer season of 2016, i.e. starting from April 2016. It is also proposed to bring out a Cold Weather Outlook for the period from December 2016 to February 2017.

Temperature Outlook is issued for hot and cold weather season temperatures over the country based on predictions using the ocean-atmosphere coupled climate model developed by the Indian Institute of Tropical Meteorology (IITM) Pune, Ministry of Earth Sciences. Climate Services Division of IMD issues a seasonal outlook prior to the starting of the season, specifying whether temperature of the season as a whole is likely to be above normal (Long term climatological average) or below normal. This would be supplemented by the subsequent weekly updates of extended range forecasts, based on dynamical models on both day maximum and night minimum temperatures. IMD maintains a close watch on the local temperature changes. It issues warnings wherever any places is threatened by cold or very hot weather, to alert members of the public to the danger of low body temperature in cold weather or the risk of heat stroke and sunburn in very hot weather.

IITM, IMD, various state governments, TV channels and Newspapers are involved in this programme. Upon prediction of the heat wave conditions by the IMD, various state governments have a system of giving wide publicity of Dos and Donts through advertisements in TV channels, Newspapers and opening drinking water camps at identified places in rural and urban areas to mitigate the impact of heat waves. The heat action plan is being implemented in cities across central India, since 2016 including Ahmedabad, Surat, Nagpur, Akola, Gondia, Chandrapur, Nanded, Jalgaon, Bhubaneswar and Cuttack. The schedule of National Rural Employment Guarantee Scheme workers is adjusted to avoid exposure to extreme hot weather duration periods. Advisories include precautionary measures to avoid heat stroke include - drinking plenty of water, avoiding going out in open heat during 10am - 4 pm; wearing light coloured clothes; covering head/ using umbrella while going out; monitoring symptoms of heat stroke etc.

User Interaction workshops are also planned at every State and Regional Meteorological Centres to create awareness of the products and their utility. Such programmes will be conducted with the involvement of targeted users in the heat/cold wave prone regions of the country.

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Solar Industries India standalone net profit rises 9.82% in the September 2016 quarter
Nov 23,2016

Net profit of Solar Industries India rose 9.82% to Rs 25.95 crore in the quarter ended September 2016 as against Rs 23.63 crore during the previous quarter ended September 2015. Sales declined 0.45% to Rs 224.49 crore in the quarter ended September 2016 as against Rs 225.50 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales224.49225.50 0 OPM %17.3518.23 - PBDT40.6439.94 2 PBT35.9135.49 1 NP25.9523.63 10

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Mahavir Industries reports standalone net loss of Rs 0.03 crore in the September 2016 quarter
Nov 23,2016

Net loss of Mahavir Industries reported to Rs 0.03 crore in the quarter ended September 2016. There were no net profit/loss reported 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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Natco Economicals standalone net profit rises 100.00% in the September 2016 quarter
Nov 23,2016

Net profit of Natco Economicals rose 100.00% to Rs 0.02 crore in the quarter ended September 2016 as against Rs 0.01 crore during the previous quarter ended September 2015. Sales rose 50.00% to Rs 0.09 crore in the quarter ended September 2016 as against Rs 0.06 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.090.06 50 OPM %22.2216.67 - PBDT0.020.01 100 PBT0.020.01 100 NP0.020.01 100

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India Finsec standalone net profit rises 227.27% in the September 2016 quarter
Nov 23,2016

Net profit of India Finsec rose 227.27% to Rs 1.08 crore in the quarter ended September 2016 as against Rs 0.33 crore during the previous quarter ended September 2015. Sales rose 159.46% to Rs 1.92 crore in the quarter ended September 2016 as against Rs 0.74 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1.920.74 159 OPM %81.7748.65 - PBDT1.570.34 362 PBT1.560.33 373 NP1.080.33 227

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Solar Industries India consolidated net profit rises 0.19% in the September 2016 quarter
Nov 23,2016

Net profit of Solar Industries India rose 0.19% to Rs 36.93 crore in the quarter ended September 2016 as against Rs 36.86 crore during the previous quarter ended September 2015. Sales declined 1.14% to Rs 326.19 crore in the quarter ended September 2016 as against Rs 329.96 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales326.19329.96 -1 OPM %20.1021.04 - PBDT62.2765.68 -5 PBT52.4657.37 -9 NP36.9336.86 0

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