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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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NHPC declares certificate of commercial operation for Unit 4 and whole of Teesta Low Dam HE Project
Aug 18,2016

NHPC announced that consequent upon successful trial run of Unit No.# 4 of Teesta Low Dam H.E. Project, Stage IV (4 x 40 MW) at its installed capacity of 40 MW for continuous 20.08 hours on dated 15 August 2016, the unit No. #4 is hereby declared under commercial operation w.e.f. 00:00 hours of 19 August 2016. Accordingly, COD of Power Station is also declared w.e.f. 00.00 hrs of 19 August 2016.

Further, inform that 100% Power generated from TLDP-IV has been allocated to the state of West Bengal and the same shall be supplied through West Bengal State Electricity Distribution Company (WBSEDCL).

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Board of State Bank of India approves acquisition of four banks
Aug 18,2016

State Bank of India announced that the Central Board of Directors at its meeting held on 18 August 2016 have accorded their approval to the scheme of acquisition of State Bank of Bikaner & Jaipur, State Bank of Mysore, State Bank of Travancore and Bharatiya Mahila Bank by State Bank of India, subject to approval of the scheme by the Reserve Bank of India and the Government of India.

The scheme provides for allotment of -

a. 28 equity shares of Rs 1 each of State Bank of India for every 10 equity shares of Rs 10 each of State Bank of Bikaner & Jaipur.

b. 22 equity shares of Rs 1 each of State Bank of India for every 10 equity shares of Rs 10 each of State Bank of Mysore.

c. 22 equity shares of Rs 1 each of State Bank of India for every 10 equity shares of Rs 10 each of State Bank of Travancore.

d. 4,42,31,510 of Rs 1 each of State Bank of India for every 100 crore equity shares of Rs 10 each of Bharatiya Mahila Bank .

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Jayshree Chemicals to hold AGM
Aug 18,2016

Jayshree Chemicals announced that the Annual General Meeting (AGM) of the company will be held on 9 September 2016.

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Kwality Credit & Leasing to hold AGM
Aug 18,2016

Kwality Credit & Leasing announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Jay Energy & S Energies to hold AGM
Aug 18,2016

Jay Energy & S Energies announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Madhuban Constructions to hold AGM
Aug 18,2016

Madhuban Constructions announced that the Annual General Meeting (AGM) of the company will be held on 7 September 2016.

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Kabra Commercial to hold AGM
Aug 18,2016

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

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Kapashi Commercial to hold AGM
Aug 18,2016

Kapashi Commercial announced that the Annual General Meeting (AGM) of the company will be held on 14 September 2016.

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Kallam Spinning Mills to hold AGM
Aug 18,2016

Kallam Spinning Mills announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2016.

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Kohinoor Techno Engineers to hold AGM
Aug 18,2016

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

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iStreet Network to hold AGM
Aug 18,2016

iStreet Network announced that the Annual General Meeting (AGM) of the company will be held on 20 September 2016.

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Ishwarshakti Holdings & Traders to hold AGM
Aug 18,2016

Ishwarshakti Holdings & Traders announced that the Annual General Meeting (AGM) of the company will be held on 15 September 2016.

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Lux Industries to hold AGM
Aug 18,2016

Lux Industries announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2016.

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Indian Oil Corporation to hold AGM
Aug 18,2016

Indian Oil Corporation announced that the Annual General Meeting (AGM) of the company will be held on 14 September 2016.

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Jagson Airlines to hold AGM
Aug 18,2016

Jagson Airlines announced that the Annual General Meeting (AGM) of the company will be held on 17 September 2016.

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