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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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Navkar Corporation announces demise of director
Dec 01,2016

Navkar Corporation announced about the sad demise of Rameshchandra Meghraj Purohit, Non-Executive Independent Director of the Company, on 30 November 2016.

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Triton Valves wins Q Award (Quality Gold Consistency Award)
Dec 01,2016

Triton Valves announced that the Company received the Q Award (Quality Gold Consistency Award) from Bajaj Auto. The Award was received by Aditya. M Gokarn - Managing Director of the Company on 30 November 2016 at the event held in Pune.

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Tinna Rubber & Infrastructure appoints company secretary
Dec 01,2016

Tinna Rubber & Infrastructure announced that K.C. Madan is being appointed as Company Secretary and Compliance officer of the Company with effect from 01 December 2016

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Murad Properties & Projects announces resignation of company secretary
Dec 01,2016

Murad Properties & Projects announced that Ankit Vinod Bansal was resigned from the post of Company Secretary of the company with effect from 30 November 2016.

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Multi Commodity Exchange of India gets SEBI approval for appointment of Chairman
Dec 01,2016

Multi Commodity Exchange of India announced that SEBI vide its letter dated 01 December 2016 has accorded its approval to the appointment of Saurabh Chandra as Chairman of the Governing Board of the Company in terms of the Clause 6.3.3 of SEBI circular dated 13 December 2012.

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Rupee marches further ahead
Dec 01,2016

Rupee closed higher at 68.34/35 per dollar on Thursday (01st December 2016), versus its previous close of 68.39/40 per dollar.

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PTL Enterprises announced change in directorate
Dec 01,2016

PTL Enterprises announced that the Company have received an order dated 02 November 2016 on 01 December 2016 from Govt, of Kerala, which states that earlier order issued (dated 04 October 2016) by the Govt. of of Kerala nominating Nazaruddin K. on the Board of Directors of the PTL Enterprises stands cancelled.

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Maharashtra Seamless announces change in direcorate
Dec 01,2016

Maharashtra Seamless announced that S P Raj has resigned as Whole Time Director of the Company and has been relieved on 30 November 2016. However, he will continue as Non Executive Director of the Company.

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Timex Group India shifts registered office
Dec 01,2016

Timex Group India announced that the registered office of the Company has been shifted to 106-107, Ambadeep, 14, Kasturba Gandhi Marg, New Delhi -110001 with effect from 01 December 2016.

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With effect from midnight of 2 December 2016, old Rs 500 bank notes will not be accepted at petrol, diesel & gas outlets & for purchase of Air Tickets
Dec 01,2016

After the cancellation of legal tender character of old Rs. 500 and Rs. 1000 denomination bank notes, the Government had exempted certain categories of transactions wherein the old high denomination bank notes were accepted. The Government had extended the exemption period for these categories from time to time. At present, exemptions are allowed on certain types of transactions wherein payment of old Rs. 500 bank notes are permitted up to a specified date.

The processes of production, dispatch and distribution of currency notes have been continuing and more cash is flowing into the system steadily. The digital transactions have also made an impressive progress and are expected to significantly improve during the coming days. Now, therefore, as digital transaction options have been increasing across different sections of the economy, it has been observed that the outlets of the oil and gas marketing companies are better equipped to accept payments through digital means. Hence, it has been decided that with effect from the midnight of 2nd December, 2016, petrol, diesel and gas outlets of Public Sector oil and gas marketing companies will be removed from the exempted category for receipt of old Rs. 500 bank notes. It may be noted that supply of LPG continues to be in the exempted category for payment through old Rs. 500 bank notes.

Similarly, purchase of air tickets at the airports was included initially in the exempted category. It is observed that air ticketing counters have facilities to accept non cash/digital payments. Further, enough time has been allowed for travelers to be prepared with legal tender and/or non cash modes of payment. It has, therefore, been decided that with effect from midnight of 2nd December, 2016, the exemption allowed for purchase of air tickets at airports through old Rs. 500 notes will be removed from the exempted category.

The other exempted categories that have earlier been notified will continue to accept old Rs. 500 notes as per the said notifications.

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Apcotex Industries provides update on scheme of amalgamation
Dec 01,2016

Apcotex Industries announced that the Scheme of Amalgamation has become effective post filing of e-Form INC-28, on 01 December 2016 with the Registrar of Companies / Ministry of Corporate Affairs.

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Bank of Maharashtra plans to issue Basel III Compliant AT1 Bonds
Dec 01,2016

Bank of Maharashtra proposes to raise funds by issue of Basel III Compliant AT1 Bonds of Rs 250 crore with Green Shoe Option of Rs 750 crore aggregating Rs 1000 crore on private placement basis.

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Torrent Power shifts registered office
Dec 01,2016

Torrent Power announced change in registered office with effect from 01 December 2016 to Tapovan, 600, Tapovan Ambawadi Ahmedabad - 380 015.

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Caprihans India to announce September quarter results
Dec 01,2016

Caprihans India announced that a meeting of Board of Directors of the Company will be held on 07 December 2016 to consider and approve the Un-Audited Financial Results (Provisional) for the quarter ended 30 September 2016.

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Board of Vascon Engineers to consider September quarter results
Dec 01,2016

The Board of Vascon Engineers will meet on 13 December 2016 to consider, approve and take on record the unaudited Financial Results (reviewed) of the Company for the quarter ended 30 September 2016, along with other matters.

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