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Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Sep 14,2016

Net profit of Jindal Drilling & Industries declined 3.66% to Rs 9.48 crore in the quarter ended June 2016 as against Rs 9.84 crore during the previous quarter ended June 2015. Sales rose 11.24% to Rs 92.66 crore in the quarter ended June 2016 as against Rs 83.30 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales92.6683.3011
OPM %9.8912.74-
PBDT14.5518.68-22
PBT12.0915.01-19
NP9.489.84-4

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Agenda for board meeting of Viaan Industries
Jan 03,2017

Viaan Industries announced that the Meeting of Business Development Committee of Board of Directors of the Company will meet on 19 January 2017, to consider following matters:

1. Acquisition of a running business enterprise subject to legal and financial due diligence.

2. Resignation of Dolly Dhanresha from the post of Company secretary and Appointment of new Company Secretary.

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Board of Atul to consider Q3 results
Jan 03,2017

Atul announced that the meeting of the Board of Directors of the Company is scheduled on 20 January 2017, to consider unaudited financial results for the third Quarter ended on 31 December 2016 (Q3).

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Zodiac-JRD-MKJ to announce December quarter results
Jan 03,2017

Zodiac-JRD-MKJ announced that the Board Meeting of the Company will be held on 30 January 2017, to consider the Unaudited Financial Results for the quarter ended 31 December 2016.

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Board of Motor & General Finance to consider Q3 results
Jan 03,2017

Motor & General Finance announced that a meeting of the Board of Directors of the Company will be held on 13 February 2017 to consider Unaudited Financial Results for the quarter ended 31 December 2016 along with Limited Review Report as certified by the Statutory Auditors.

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Mindtree to consider Q3 results and interim dividend
Jan 03,2017

Mindtree announced that the meeting of the Board of Directors of the Company will be held on 19 January 2017, inter alia, to consider the audited financial results of the Company for the third quarter and nine months ended 31 December 2016 (Q3) and also to consider the declaration of interim dividend, if any, amongst other matters.

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Board of ISGEC Heavy Engineering to consider interim dividend for FY 2017
Jan 03,2017

ISGEC Heavy Engineering announced that a meeting of the Board of Directors of the Company is scheduled to be held on 10 January 2017, to consider and declare Interim Dividend for the financial year ending 31 March 2017.

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Liberty Shoes gets reaffirmation of ratings for bank facilities
Jan 03,2017

Liberty Shoes has received affirmation in credit ratings for bank facilities of the company from Credit Analysis & Research.

Long term bank facilities (Rs 151.46 crore) - CARE A-; Stable (Reaffirmed)
Short term bank facilities (Rs 31 crore) - CARE A2+ (Reaffirmed)

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Bharti Airtel offers free data for 12 months on 4G network
Jan 03,2017

Bharti Airtel announced a special offer under which, it will offer free data for 12 months, worth up to Rs 9000, to customers who switch to Airtel 4G. With this, customers can now experience Indias fastest 4G network at great prices.

The 12 months offer is available to any customer with a 4G mobile handset that is currently not on the Airtel network. Any customer, including existing Airtel customers, upgrading to a new 4G handset can also avail this offer.

This offer will be available to customer across India starting tomorrow and will close on 28 February 2017.

Customers will get free 3GB data every month till December 31, 2017 with select Prepaid and Postpaid packs under this offer. This free data benefit will be over and above the pack/plan benefits.

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Ramkrishna Forgings gets Certificate of Registration for R&D units
Jan 03,2017

Ramkrishna Forgings has been granted Certificate of Registration to its in-House R & D unit(s) of its Plant located at Village Baliguma, P.O. Kolabera, Thana: Saraikela, Dist: Saraikela Kharswan, Jamshedpur, Jharkhand, by the Ministry of Science and Technology, Govt. of India and the same is valid till 31 March 2019.

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Master Chemicals appoints CFO
Jan 03,2017

Master Chemicals announced that Subash Raju Kanumuri has been appointed as the Chief Financial Officer (CFO) of the Company by the Board of Directors at their meeting held on 12 November 2016 with immediate effect.

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Indiabulls Housing Finance revises home loan rates
Jan 03,2017

Indiabulls Housing Finance has revised home loan rate of 8.65%, a reduction of 45 basis points for its customers, effective 03 January 2017.

The new interest rates for Indiabulls Home Loans will be -

Up to Rs 75 lakhs - 8.65% (for women) & 8.70% (for others)
From Rs 75 lakh to Rs 3 crore - 8.70% (for women) & 8.75% (for others)
Rs 3 crore to Rs 5 crore - 8.80% (for women) & 8.85% (for others)

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Corporation Bank announces MCLR rates
Jan 03,2017

Corporation Bank has fixed tenor based Marginal Cost of Funds Based Lending Rate, for all new loans and advances including renewals with effect from 02 January 2017.

Overnight - 8.35%
One month - 8.35%
Three month - 8.40%
Six month - 8.65%
One year - 8.75%.

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PNC Infratech provides update on subsidiary
Jan 03,2017

PNC Infratech announced that its subsidiary MP Highways has received upgradation in credit ratings for bank facilities from Credit Analysis & Research (CARE).

Long term bank facilities (Rs 215.70 crore) - CARE A- (Revised from CARE BBB+)

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ICICI Bank allots equity shares
Jan 03,2017

ICICI Bank has allotted 131,200 equity shares of face value of Rs. 2/- each on 03 January 2017 under the Employees Stock Option Scheme, 2000 (ESOS).

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ITC announces cessation of director
Jan 03,2017

ITC announced that A. Baijal, in terms of his letter dated 30 December 2016, has ceased to be a Director of the Company with effect from 30 December 2016, consequent to his appointment as Lt. Governor, Delhi.

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