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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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Kothari World Finance to hold board meeting
Jul 12,2017

Kothari World Finance will hold a meeting of the Board of Directors of the Company on 18 July 2017 Quarterly Results

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Integra Engineering India to hold board meeting
Jul 12,2017

Integra Engineering India will hold a meeting of the Board of Directors of the Company on 19 July 2017 to inter alia consider and approve standalone unaudited financial results for the quarter ended on 30th of June, 2017 and other business matters as well

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Mahindra & Mahindra to hold board meeting
Jul 12,2017

Mahindra & Mahindra will hold a meeting of the Board of Directors of the Company on 4 August 2017 Unaudited Standalone Financial Results of the Company for the First Quarter ended 30th June, 2017.

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Ion Exchange (India) to hold board meeting
Jul 12,2017

Ion Exchange (India) will hold a meeting of the Board of Directors of the Company on 26 July 2017 Unaudited Financial Results for the Quarter ended 30th June, 2017.

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Mindteck (India) to hold board meeting
Jul 12,2017

Mindteck (India) will hold a meeting of the Board of Directors of the Company on 10 August 2017 Unaudited Financial Results of the Company for the Quarter ended June 30, 2017.

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Speciality Restaurants enters into franchise agreement with Resolute Restaurant Management
Jul 12,2017

Speciality Restaurants has entered into a franchise agreement on 11 July 2017 with Resolute Restaurant Management LLC (the Franchisee and such agreement, the Franchise Agreement), granting right to the Franchisee to open three franchise restaurants under its brand Mainland China Asia Kitchen in United Arab Emirates within the time stipulated in the Franchise Agreement.

First Franchise restaurant will be opened at BurJuman Mall, New Wing, in Dubai, United Arab Emirates. The Company will manage the day to day operations of restaurant and charge Franchise Fees and Management Fees, in accordance with the terms of the Franchise Agreement.

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ITPO Signs MoU 2017-18 With DoC
Jul 12,2017

A Memorandum of Understanding (MoU) 2017-18 between India Trade Promotion Organisation (ITPO) and Department of Commerce (DoC), Government of India was signed by Shri L.C. Goyal, CMD, India Trade Promotion Organisation and Smt. Rita Teaotia, Secretary, Commerce, Govt. of India on 07 July 2017.

On this occasion, Shri L.C. Goyal, CMD, ITPO mentioned that, for the year 2016-17, ITPO is expecting to achieve n++Excellentn++ rating as per the self evaluation of MoU targets in which against the MoU target of Rs. 250 crore, the turnover is expected to be Rs. 263 crore. For the year 2017-18, the Excellent financial target for Revenue from operations (Gross Sales) has been fixed at Rs. 228 crore. He observed that, in view of the Redevelopment Project (IECC) at ITPO, achieving various Financial/ Non-Financial targets this year will be difficult. ITPO will, however make all efforts to achieve n++Excellentn++ rating as per the targets given by DPE for the year 2017-18 and ensure delivery of better services to all the stakeholders.

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Tata Motors announces global wholesale figures
Jul 12,2017

The Tata Motors Group global wholesales in June 2017, including Jaguar Land Rover, were at 90,966 nos., lower by 2%, over June 2016.

Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range in June 2017 were at 30,241 nos., lower by 8%, over June 2016. Global wholesales of all passenger vehicles in June 2017 were at 60,725 nos., higher by 1%, compared to June 2016.

Global wholesales for Jaguar Land Rover were 49,422 vehicles. Jaguar wholesales for the month were 12,463 vehicles, while Land Roverwholesales for the month were 36,959 vehicles.

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Usher Agro announces resignation of director
Jul 12,2017

Usher Agro announced that Vijay Ranchan, Non Executive Independent Director has resigned from the Board of Directors and respective committees thereon of the company with effect from the 11 July 2017.

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Golkonda Aluminium Extrusions announces resignation of director
Jul 12,2017

Golkonda Aluminium Extrusions announced the resignation of Ashish Kumar Gupta, Independent Director, form directorship of the Company.

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Poddar Housing & Development to pay dividend
Jul 12,2017

Poddar Housing & Development announced that dividend shall be paid on or after 24 August 2017, subject to approval of shareholders in the AGM.

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Chambal Fertilisers & Chemicals completes sale of ship Ratna Shalini
Jul 12,2017

Chambal Fertilisers & Chemicals has delivered ship - Ratna Shalini to Rialto Navigation S.A., Liberia (Buyer) on 11 July 2017.

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Regal Entertainment & Consultants announces resignation of directors
Jul 12,2017

Regal Entertainment & Consultants announced the resignation of Dinesh Gupta from post of MD and Company Secretary & Compliance Officer and Satish Kusumbwal from post of Joint MD and CFO.

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Future Lifestyle Fashions gets revision in rating for bank facilities
Jul 12,2017

Future Lifestyle Fashions announced that CARE has revised the ratings for bank facilities of the Company as under -

Upgraded the credit rating from CARE A+ to CARE AA- ; Stable for long term bank facilities aggregating to Rs 1170.20 crore.

Reaffirmed the credit rating CARE A1+ for short term bank facilities aggregating to Rs 875 crore.

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MOU signed between Department of Defence Production and MIDHANI
Jul 12,2017

Mishra Dhatu Nigam Limited (MIDHANI), a miniratna, Schedule B Defence Public Sector Undertaking under the Department of Defence Production, Ministry of Defence signed Memorandum of Understanding (MoU) for the financial year 2017-18 with the Ministry. The annual MoU was signed by Secretary (Defence Production) Shri Ashok Kumar Gupta on behalf of the Ministry and Chairman and Managing Director, MIDHANI Dr. D K Likhi.

The MoU outlines targets and various performance parameters for the company. The revenue from operations as per the MoU has been targeted at ₹ 780 crore which is significant improvement over the previous years.

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