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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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Orient Cement to hold board meeting
Jul 18,2017

Orient Cement will hold a meeting of the Board of Directors of the Company on 26 July 2017 Accounts

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Apcotex Industries to hold AGM
Jul 18,2017

Apcotex Industries announced that the 31st Annual General Meeting (AGM) of the company will be held on 17 August 2017.

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PNB Gilts to hold board meeting
Jul 18,2017

PNB Gilts will hold a meeting of the Board of Directors of the Company on 26 July 2017, to consider and approve the unaudited financial results of the Company for the quarter ended June 30, 2017

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G G Automotive Gears to hold board meeting
Jul 18,2017

G G Automotive Gears will hold a meeting of the Board of Directors of the Company on 26 July 2017 Quarterly Results

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Vista Pharmaceuticals to hold board meeting
Jul 18,2017

Vista Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 21 July 2017.

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Godrej Properties allots 1,00,175 equity shares
Jul 18,2017

Godrej Properties has allotted 1,00,175 Equity Shares of Rs.5/- per Equity Share to the option grantees in terms of the GPL ESGS on 17 July 2017.

Consequently, with effect from 17 July 2017, the issued, subscribed and paid up capital of the Company stands increased to Rs. 1,08,23,52,230/- consisting of 21,64,70,446 equity shares of Rs. 5/- each.

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Mahanagar Telephone Nigam to hold board meeting
Jul 18,2017

Mahanagar Telephone Nigam will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Royal India Corporation to hold board meeting
Jul 18,2017

Royal India Corporation will hold a meeting of the Board of Directors of the Company on 29 July 2017 Quarterly Results

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Rs. 834.71 crores has been allocated for NFSM-Pulses
Jul 18,2017

For the year 2017-18, an amount of Rs.1720.00 crores (Government of India Share) has been earmarked for National Food Security Mission (NFSM), out of which an amount of Rs.834.71 crores has been allocated, so far, for NFSM-Pulses to States for increasing the production of pulses in the country. An amount of Rs.169.28 crores has been released so far to States for implementation of the pulses programme.

In order to create awareness among the farming community with regard to cultivation of pulses, Government of India has been taking steps like organization of cluster/cropping system based demonstrations on latest crop production technology, cropping system based training, etc. through State Governments and Indian Council of Agricultural Research (ICAR). Besides, seed production of pulses through seed-hubs has also been taken up by ICAR Institutes/Krishi Vigyan Kendras (KVKs)/State Agricultural Universities (SAUs).

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D S Kulkarni Developers director resigns
Jul 18,2017

D S Kulkarni Developers announced the resignation of Uma Anil Panse, Independent Director of the Company w.e.f. 18 July, 2017.

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ICAR set target for achieving the goal of doubling farmers income
Jul 18,2017

DARE/ICAR has developed 596 high yielding climate resilient crop varieties/ hybrids of field crops for cultivation in different agro-ecologies of the country during past 3 years. During 2016-17 alone record 313 field crop varieties, 51 horticultural crop varieties, 51 new farm implements, 3 vaccines, 15 diagnostic kits and breeding technology for two new fish species developed. Nutrient rich (zinc, iron, protein) varieties viz., DRR Dhan 45 (18.18 ppm Zinc) and CRR Dhan 310 (10.3% protein) of rice; WB-2 (42 PPM Zinc and 40 PPM Fe) and HPBW-01 (40.6 PPM Zinc and 40.6 Fe) of wheat, Pusa Mustard 30 (zero erucic acid) and Pusa Mustard 31 (Double zero) of Indian mustard have been developed. Rice variety IR-64 Drt-1 (DRR Dhan 42) resistant to drought and Samba Sub-1 tolerant to submergence has been developed. IPM 205-7 (Virat), an extra-early (52-55 days) maturing summer mungbean variety, first-of-its-kind globally, developed. Being short duration variety, it will help in increasing the cropping intensity and diversify the rice-wheat cropping system. Pusa Basmati 1609, Pusa Basmati 1509, Pusa Basmati 1637 and Pusa Basmati 1728 have been developed by using new biotechnological tools. Developed 51 new equipment/technologies/products and processes; 219 new prototypes for farm machinery/new farm implements; established 51 agro processing centres; and supplied 16500 units of multiplied prototypes, in the frontier areas of agricultural engineering with great potential to increase productivity, reduce cost of cultivation, reduce drudgery, improve value addition, conserve resources, provide alternate means for energy generation. Demonstrated production potential of new technologies of pulses, oilseed and other crops through 3.21 lakh frontline demonstrations in farmers field. Skill development of 40.9 lakh farmers and rural youth. Produced and provided 8.79 lakh quintal seed, 12.52 crore planting material and 9.09 crore livestock strains and fingerlings to farmers. Provided agro mobile advisory to 3.95 crore farmers for improved decision-making. Established 150 pulses seed hubs to produce quality seeds of important pulse crops and production of additional quantity of breeder seed of different pulses was undertaken to attain self-sufficiency in pulses. Established 38 on-station Integrated Farming System (IFS) models and refined 63 existing IFS in 14 agro-climatic regions. All these efforts complement the Governments efforts to double the farmers income by 2022.

DARE/ ICAR has set targets, both for short and long term for complementing the efforts of the Govt. by providing technology back up for achieving the goal of doubling farmers income. Targets for next 2 years include, evaluation of 20000 germplasm and breeding lines and conservation of 4000 Germplasm for long term storage, conservation of 200 microbial genetic resources, to identify 30 genotypes and register for unique traits, clone and characterize 10 genes, testing 2000 entries in AICRP multi-location trials, identification of 40 varieties including pulses and oilseeds by AICRP varietal identification committees, production of 56000 quintal Breeder seed, developing and testing 25 new technologies, conducting 10000 front line demonstrations and organizing 220 farmers trainings.

In horticulture sciences targets for next 2 years include, collection of 400 germplasms and characterization of 500 germplasms, development of 100 pre-breeding lines, Identification of 60 promising/elite breeding lines, release of 30 varieties/hybrids, standardization of 50 production technologies, organization of 155 frontline demonstrations, developing 167 modules for capacity building of farmers and other stakeholders, production of 2261 kg breeders/truthfully levelled seed, production of 2250 tonne breeders seed of tuber crops and production of 12.5 lakh quality planting materials and 5 lakh rooted cuttings.

Targets have also been set for soil inventory and characterization (1:10,000 scale), designing and developing of organic farming package of practices, designing, developing and demonstration of climate resilient technologies, designing and developing technologies for managing soil health and designing, developing and testing of 3 technologies for Irrigation water Management. Separate targets have been set for animal sciences, fisheries sciences, agricultural engineering, agricultural education and agricultural extension also.

All these targeted activities are likely to increase the production and productivity of agricultural crops and other enterprises, add value to the produce, reduce cost of production and increase profit margins for the farmers.

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Hong Kong Market climbs
Jul 18,2017

The Hong Kong stock market finished session higher on Tuesday, 18 July 2017, in lackluster trade following the mixed performance of the US equity markets overnight. The Hang Seng Index rose 0.2%, or 54.36 points, to 26,524.94. The Hang Seng China Enterprises Index, also known as the H-share gauge, lost 0.3%, or 27.91 points, to 10,755.28. Turnover decreased to HK$82.8 billion from HK$93.2 billion on Monday.

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China Stocks close steady
Jul 18,2017

The Mainland China equity market finished slight higher on Tuesday, 18 July 2017, aided by strong gains in cyclicals, even as investors hunted for bargains after an intense sell-off in small-caps in the previous session. Sector performance was mixed, with banks lost ground, while infrastructure and the real estate sector advanced. The Shanghai Composite Index rose 0.3%, or 11.10 points, to 3,187.57 while the CSI 300 n++ which tracks large companies listed in Shanghai and Shenzhen n++ increased 0.1% or 3.62 points to 3,667.18. The Shenzhen Composite Index tacked on 0.6% or 10.79 points to 1,811.33 while the Nasdaq style ChiNext rose 0.7% or 11.06 points to 1,667.49.

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Nikkei ends below 20K level
Jul 18,2017

The Japan share market finished session lower on Tuesday, 18 July 2017, as investor sentiment was dented by the yens appreciation against the U.S. dollar. The 225-issue Nikkei Stock Average ended down 118.95 points, or 0.59%, from Friday at 19,999.91, the lowest close since July 7. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 5.00 points, or 0.31%, lower at 1,620.48. Japan markets were closed for Marine Day on Monday, 17 July 2017.

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Australia Market falls 1.2% on Tuesday
Jul 18,2017

Australian equity market finished session sharply lower on Tuesday, 18 July 2017, dragged down by continued losses in financial stocks amid concerns over APRAs new capital rules and Rio Tinto stocks fall after the company cut its 2017 iron ore guidance. The S&P/ASX 200 index lost 68.1 points, or 1.2%, to 5687.4.

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