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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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Cura Technologies reports standalone net profit of Rs 0.70 crore in the December 2016 quarter
Feb 20,2017

Net profit of Cura Technologies reported to Rs 0.70 crore in the quarter ended December 2016 as against net loss of Rs 0.02 crore during the previous quarter ended December 2015. Sales declined 4.26% to Rs 2.70 crore in the quarter ended December 2016 as against Rs 2.82 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales2.702.82 -4 OPM %26.3020.21 - PBDT0.720.12 500 PBT0.70-0.06 LP NP0.70-0.02 LP

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ICSA (India) reports standalone net loss of Rs 5.69 crore in the December 2016 quarter
Feb 20,2017

Net Loss of ICSA (India) reported to Rs 5.69 crore in the quarter ended December 2016 as against net loss of Rs 4.60 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Eastern Gases standalone net profit rises 4.00% in the December 2016 quarter
Feb 20,2017

Net profit of Eastern Gases rose 4.00% to Rs 0.78 crore in the quarter ended December 2016 as against Rs 0.75 crore during the previous quarter ended December 2015. Sales rose 8.57% to Rs 77.04 crore in the quarter ended December 2016 as against Rs 70.96 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales77.0470.96 9 OPM %3.444.58 - PBDT1.061.32 -20 PBT0.780.75 4 NP0.780.75 4

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Raghava Estates & Properties announces resignation of director
Feb 20,2017

Raghava Estates & Properties announced that Kilaru Harishchandra Prasad, Director of the Company has tendered his resignation with the Board due to his Health and Personal reasons. Board of Directors of the Company in the meeting held on 31 January 2017, accepted the resignation of Harish Chandra Prasad as Director of the Company w.e.f. 01 February 2017 onwards.

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Rupee Opens The Week Positive
Feb 20,2017

Rupee closed higher at 66.9199/0290 per dollar on Monday (20 February 2017), versus its previous close of 67.0750/0850 per dollar.

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Kalpataru Power Transmission announces resignation of director
Feb 20,2017

Kalpataru Power Transmission announced that the Company on 20 February 2017 received resignation letter from Mahendra G. Punatar, an Independent Director of the Company tendering his resignation as an Independent Director with immediate effect on account of his persistent health problem.

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Pyxis Finvest announces resignation of company secretary and compliance office
Feb 20,2017

Pyxis Finvest announced that Varadvinayak V, Khambete has resigned from the position of Company Secretary and Compliance Officer of the Company w.e.f. 18 February 2017.

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Kamanwala Housing Construction announces demise of Managing Director
Feb 20,2017

Kamanwala Housing Construction announced about the sad demise of Murari Lal Gupta, Managing Director of the Company, on 20 February 2017 morning.

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Ashoka Buildcon provides update on subsidiary - Viva Highways
Feb 20,2017

Ashoka Buildcon announced that with reference to its wholly owned subsidiary viz. Viva Highways (VHL), implementing the Indore-Sanawad-Khandwa-Burhanpur -Edlabad Road Project SH-27 in the State of Madhya Pradesh on Build -Operate and Transfer (BOT Basis) with Toll Rights, Madhya Pradesh Road Development Corporation, Bhopal (the Authority) has taken over the Project on 18 February 2017 at midnight, after the expiry of the concession period as per the terms of the Concession Agreement.

VHL will continue to pursue its claims on the said Project with the Authority.

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Intellect Design Arena partners with El Taamir Mortgage Finance Company, Egypt
Feb 20,2017

Intellect Design Arena announced the successful roll out of its Lending suite at El Taamir Mortgage Finance Company, Egypt. The implementation was completed in just seven months including data migration.

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JMC Projects (India) announces resignation of director
Feb 20,2017

JMC Projects (India) has received on 20 February 2017 a letter from Mahendra G. Punatar, an Independent Director of the Company tendering his resignation as an Independent Director with immediate effect on account of his persistent health problem.

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FPIs in buying mode
Feb 20,2017

Foreign portfolio investors (FPIs) bought stocks worth a net Rs 8058.12 crore into the secondary equity markets on Friday, 17 February 2017, compared with net outflow of Rs 225.78 crore during the preceding trading session on 16 February 2017. The net inflow of Rs 8058.12 crore on 17 February 2017 was a result of gross purchases of Rs 13273.05 crore and gross sales of Rs 5214.93 crore. On that day, the Sensex had risen 167.48 points or 0.59% to settle at 28,468.75, its highest closing level since 23 September 2016.

There was an inflow of Rs 1.17 crore into the category primary market & others on 17 February 2017, which was a result of gross purchases of Rs 1.67 crore and gross sales of Rs 0.50 crore.

FPIs have bought stocks worth a net Rs 9722.54 crore in February 2017 so far (till 17 February 2017). They sold stocks worth a net Rs 1315.13 crore in January 2017. FPIs have purchased shares worth a net Rs 8407.41 crore from the secondary equity markets in calendar year 2017 so far (till 17 February 2017). They had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.

There has been a net inflow of Rs 1338.98 crore from FPIs in the category primary market & others in February 2017 so far (till 17 February 2017). There was a net inflow of Rs 138.53 crore from FPIs in the category primary market & others in January 2017. FPIs have purchased shares worth a net Rs 1477.51 crore in the category primary markets & others in calendar year 2017 so far (till 17 February 2017). The net inflow from FPIs in the category primary markets & others had totaled Rs 8471.76 crore in calendar year 2016.

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Board of Eveready Industries India approves reorganisation of packet tea operations
Feb 20,2017

The Board of Directors of Eveready Industries India at its meeting held on 20 February 2017 has approved of the reorganisation of the packet tea operations of the Company, subject to finalisation of a suitable modality for the same.

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Outcome of board meeting of Kanak Krishi Implements
Feb 20,2017

Kanak Krishi Implements announced that the Board of Directors in its Meeting held on 20 February 2017, have considered and approved the delisting of Equity Shares of the Company from Institutional Trading Platform of BSE in terms of provisions of Chapter XC of SEBI ICDR Regulations, 2009 as amended up to date.

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90,095 more affordable houses sanctioned for urban poor under PMAY(Urban)
Feb 20,2017

Ministry of Housing & Urban Poverty Alleviation approved construction of 90,095 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban) with an investment of Rs.5,590 cr and central assistance of Rs.1,188 cr.

Madhya Pradesh has been sanctioned 82,262 houses in 49 cities and towns with an investment of Rs.5,260 cr with central assistance of Rs.1,071 cr. Jammu & Kashmir got 4,915 houses in 24 cities and towns with an investment of Rs.240 cr and central assistance of Rs.74 cr. Dadra & Nagar Havelis capital Silvassa has been sanctioned 803 affordable houses with an investment of Rs.26 cr and central assistance of Rs.12 cr.

The approval accorded today was for construction of 46,823 new houses under the Beneficiary Led Construction (BLC) component of PMAY (Urban), enhancement of 773 houses in Jammu & Kashmir under BLC and building 42,499 new houses in Madhya Pradesh under Affordable Housing in Partnership (AHP) component.

In Madhya Pradesh, another 39,763 new houses will be built under BLC component under which an eligible beneficiary is assisted to build a house on the land owned by him/her.

City-wise approvals in Madhya Pradesh include: Indore-30,789 houses, Ratlam-6,419, Sagar-3,156, Ujjain-2,884, Katni-2,800, Shivpuri-2,625, Chindwara-2,508, Nagda-2,073, Jabalpur-2,012, Datia-1,726, Singrauli-1,716, Dabra-1,720, Vidisha-1,513, Damoh-1,480, Sehore-1,200, Sidhi-1,057, Astha-1,000 and Unchehara-1,000.

In Jammu & Kashmir, Srinagar has been approved 663 affordable houses, Handwara-602, Badgam-476, Baramulla-393, Doda-306, Pulwama-270, Kargil-261, Sopore-205, Ganderbal-185, Bhaderwah-176, Shopian-159, RS Pura-143, Samba-121, Kishtwar-113, Leh-99 and Poonch-96.

With this, total number of affordable houses approved for Madhya Pradesh under PMAY(Urban) has increased to 1,87,135 and for Jammu & Kashmir to 5,864.

With this approvals, construction of a total number of 16,51,687 affordable houses for the benefit of urban poor has been sanctioned so far under PMAY (Urban) with a total investment of Rs.89,072 cr with central assistance of Rs.25,819 cr.

Under BLC and AHP components of PMAY (Urban), central assistance of Rs.1.50 lakh is provided for each beneficiary.

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