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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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8K Miles Software Services to hold AGM
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8K Miles Software Services announced that the 31st Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Bhartiya International to hold AGM
Aug 26,2016

Bhartiya International announced that the 29th Annual General Meeting (AGM) of the company will be held on 29 September 2016.

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Rich Universe Network to hold AGM
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Rich Universe Network announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Adhiraj Distributors to hold AGM
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Adhiraj Distributors announced that the Annual General Meeting (AGM) of the company will be held on 23 September 2016.

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Gagan Gases announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2016.

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Archies to hold AGM
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Archies announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2016.

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Indbank Merchant Banking Services to hold AGM
Aug 26,2016

Indbank Merchant Banking Services announced that the Annual General Meeting (AGM) of the bank will be held on 24 September 2016.

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India registers 350% rise in cybercrime in three years: ASSOCHAM-PwC study
Aug 26,2016

In India, there has been a surge of approximately 350% in cybercrime cases registered under the Information Technology (IT) Act, 2000 from the year of 2011 to 2014, a recent ASSOCHAM-PwC joint study said today.

The Indian Computer Emergency Response Team (CERT-In) has also reported a surge in the number of incidents handled by it, with close to 50,000 security incidents in 2015,n++ noted the study titled Protecting interconnected systems in the cyber era, conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) jointly with PwC.

The study highlighted that Operational systems are increasingly subject to cyber-attacks, as many are built around legacy technologies with weaker protocols that are inherently more vulnerable. The continued and regular sharing of cyber security intelligence and insights is essential to improving the resiliency of these systems and processes from emerging cyber risks.

n++Cyber-attacks around the world are occurring at a greater frequency and intensity. Not only individuals but also businesses and governments are being targeted. The profile and motivation of cyber attackers are fast changingn++, highlighted the joint study.

With an increase in the usage of information and operational technology (OT) and consumer technology (CT) in critical infrastructure, overall effectiveness has increased. However, these elements have also become the target of choice for attackers since they recognise the impact of disrupting the routine way of life. Attackers can gain control of vital systems such as nuclear plants, railways, transportation or hospitals that can subsequently lead to dire consequences such as power failures, water pollution or floods, disruption of transportation systems and loss of life, noted the study.

In the US alone, there has been an increase of nearly 50% in reported cyber incidents against its critical infrastructure from 2012 to 2015, adds the paper.

Cyber-attacks around the world are occurring at a greater frequency and intensity. Not only individuals but also businesses and governments are being targeted. The profile and motivation of cyber attackers are fast changing. A new breed of cybercriminals has now emerged, whose main aim is not just financial gains but also causing distruption and chaos to businesses in particular and the nation at large.

The National Critical Information Infrastructure Protection Centre (NCIIPC) has been identified as the nodal agency under the National Technical Research Organisation for the protection of critical information infrastructure. The formal roles and responsibilities of NCIIPC include cooperation strategies, issuing guidelines, advisories and coordination with CERTIn. NCIIPC has defined controls for the critical infrastructure sectorsn++power and energy; banking, financial services and insurance (BFSI); ICT; transportation; and e-governance and strategic public enterprises.

The continuous research and development can help in capacity building and coming up with effective solutions, adds the study. A cross-sector knowledge database inclusive of all the past incidents and threats needs to be maintained and analysed to strengthen protection measures.

Relevant, properly configured technology Investment in the right technology is another key characteristic of resilient OT and CT networks. Using the right detection, prevention, monitoring and reporting tools will help organisations to prevent attacks and facilitate informed decision-making in relation to possible cyber security threats.

A strong collaboration between well-equipped IT, OT and CT teams is also necessary for a unified approach to risk management and incident response. Monitoring OT and CT must be brought under the ambit of security monitoring, as in the case for IT networks. The periodic monitoring programme should include log monitoring, vulnerability assessments and audits of these interconnected systems. Central monitoring through nodal bodies will help in institutionalising the efforts.

With regard to security incidents in critical infrastructure, organised efforts are required to reduce the potential cascading impact and response time. Incident response for critical infrastructures requires a partnership between public and private organisations to perform analysis, issue early warnings and coordinate response efforts.

Accordingly, they should build a forward-looking cyber security programme that is based on the right balance of technologies, processes and people skillsn++all supplemented with an ample measure of innovation. With these components in place, organisations are likely to be better prepared for the future of cyber security.

The study revealed that in the past attacks have been mostly initiated from the countries such as US, Turkey, China, Brazil, Pakistan, Algeria, Turkey, Europe, and the UAE, and with the growing adoption of internet and smartphone India has emerged as one of the most favorite countries among cyber criminals.

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Repco Home Finance to hold AGM
Aug 26,2016

Repco Home Finance announced that the Annual General Meeting (AGM) of the company will be held on 22 September 2016.

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Alufluoride to hold AGM
Aug 26,2016

Alufluoride announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Amrutanjan Health Care announced that the Annual General Meeting (AGM) of the company will be held on 22 September 2016.

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Phoenix Lamps to hold EGM
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Phoenix Lamps announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 24 September 2016.

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TeleCanor Global to hold board meeting
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TeleCanor Global will hold a meeting of the Board of Directors of the Company on 24 August 2016.

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Mauria Udyog to hold board meeting
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Mauria Udyog will hold a meeting of the Board of Directors of the Company on 29 August 2016.

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Sphere Global Services to hold AGM
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Sphere Global Services announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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