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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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GRUH Finance to hold board meeting
Jun 28,2017

GRUH Finance will hold a meeting of the Board of Directors of the Company on 15 July 2017.

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Tata Sponge Iron to hold board meeting
Jun 28,2017

Tata Sponge Iron will hold a meeting of the Board of Directors of the Company on 21 July 2017.

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Richa Industries to hold board meeting
Jun 28,2017

Richa Industries will hold a meeting of the Board of Directors of the Company on 30 June 2017.

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MM Rubber Co to hold board meeting
Jun 28,2017

MM Rubber Co will hold a meeting of the Board of Directors of the Company on 31 July 2017 Quarterly Results

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Aditya Birla Nuvo provides update on composite scheme of arrangement
Jun 28,2017

Aditya Birla Nuvo announced that the Board of Director of Aditya Birla Capital (formerly known as Aditya Birla Finance Services and wholly owned subsidiary of Aditya Birla Nuvo) at its meeting held on 26 June 2017 has approved Draft Information Memorandum required to be filled with BSE/ NSE pursuant to Composite Scheme of Arrangement between the Company, Aditya Birla Nuvo and Grasim Industries.

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OnMobile Global advances after winning deal from Banglalink
Jun 28,2017

The announcement was made before market hours today, 28 June 2017.

Meanwhile, the S&P BSE Sensex was down 21.02 points or 0.07% at 30,937.23. The S&P BSE Small-Cap index was down 9.49 points or 0.06% at 15,131.59.

On BSE, so far 29,000 shares were traded in the counter as against average daily volume of 1.17 lakh shares in the past one quarter. The stock hit a high of Rs 67.90 and a low of Rs 66.20 so far during the day. The stock had hit a 52-week high of Rs 128.70 on 15 July 2016. The stock had hit a 52-week low of Rs 62.65 on 20 June 2017.

The small-cap company has equity capital of Rs 104.36 crore. Face value per share is Rs 10.

With this win, OnMobile Globals flagship ringback tone will be available to more than 32 million customers of Banglalink in Bangladesh. Banglalink is one of the leading digital communications services providers of Bangladesh.

As per the deal, OnMobile Global will power Amar Tune (Ringback Tone) and Priyo Tune (Reverse Ringback Tone) for Banglalink by managing the platform, content as well as business operations for the next 3 years. OnMobile Global is the global leader in ringback tones.

On a consolidated basis, OnMobile Global reported net profit of Rs 1.63 crore for Q4 March 2017 as against net loss of Rs 14.80 crore for Q4 March 2016. Total income declined 21.82% to Rs 161.56 crore in Q4 March 2017 over Q4 March 2016.

OnMobile Global, headquartered in Bangalore and with offices across the globe, delivers over 575 million music plays daily to mobile users worldwide.

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Avonmore Capital & Management gets IRDA approval to transfer stake in Almondz Insurance Brokers
Jun 28,2017

Avonmore Capital & Management Services announced that Insurance Regulatory and Development Authority of India has approved the proposal of transfer of its 49% stake held in Almondz Insurance Brokers (AIBPL) to WILLS Europe B.V and rest 51% stake to its wholly owned subsidiary Company namely, Anemone Holdings. Such transfer will results in cessation of AIBPL as the subsidiary of the Company.

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Majestic Research Services & Solutions forms alliance with ScoreData
Jun 28,2017

Majestic Research Services & Solutions has formed an alliance with California-based global data analysis firm - ScoreData to streamline sophisticated analytics in customer engagement. As part of the alliance, MRSS clients will mine new data sources, modelling on the ScoreFast run time platform to uncover insights quickly for data analytics and business managers alike.

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Sangam Advisors receives LoAs for two solar PV power plant projects
Jun 28,2017

Sangam Advisors announced that the company has been awarded two Letter of Award by Maharashtra State Power Corporation Co. for design, engineering, manufacture, supply, erection, testing and commissioning of 2 MW each of grid interactive solar PV power plant at Relegan-Siddhi, Tal. Parner & Dist. Ahmednagar, Maharashtra and at Manjarda, Tal & Dist. Yavatmal, Maharashtra respectively on Build, Own and Operate basis and operations and maintenance of the project for 25 years from the date of commissioning of the project.

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Country Club spurts as board approves sale of assets
Jun 28,2017

The announcement was made after market hours yesterday, 27 June 2017.

Meanwhile, the S&P BSE Sensex was down 18.54 points, or 0.06%, to 30,939.71. The S&P BSE Small-Cap index was down 9.66 points, or 0.06%, to 15,131.42.

On BSE, 82,000 shares were traded in the counter as against average daily volume of 83,985 shares over the past one quarter. The stock hit a high of Rs 13.95 and a low of Rs 13.20 so far during the day. The stock had hit a 52-week high of Rs 17.54 on 7 November 2016 and a 52-week low of Rs 11.68 on 30 March 2017.

The small-cap company has an equity capital of Rs 32.69 crore. Face value per share is Rs 2.

Country Club Hospitality & Holidays board has approved to sell, liquidate, transfer or lease back or dispose such assets which add limited value to the operations and profitability of the company, for the purpose of debt reduction.

Country Club Hospitality & Holidays reported net loss of Rs 2.24 crore in Q4 March 2017 as compared with net profit of Rs 0.91 crore in Q4 March 2016. Net sales fell 19.16% to Rs 66.56 crore in Q4 March 2017 over Q4 March 2016.

Country Club Hospitality & Holidays offers liesure hospitality membership services in India.

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Capital First allots 500 NCDs aggregating Rs 500 crore
Jun 28,2017

The Debenture Committee constituted by the Board of Directors of Capital First vide Resolution passed by Circulation on 27 June 2017, inter alia approved the allotment of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs)

1. The Company has raised Rs. 50 crore by issue of NCDs on private placement basis.

2. The Debenture Committee vide Resolution passed by Circulation today i.e. 27 June 2017 has inter - alia approved allotment of 500 NCDs having Face Value of Rs. 10 lakh each.

The said NCDs shall be listed on National Stock Exchange of India.

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Axis Bank allots 83,100 equity shares
Jun 28,2017

Axis Bank has allotted 83,100 equity shares of Rs. 2/- each on 27 June 2017, pursuant to exercise of options under its ESOP Scheme.

The paid up share capital of the Bank will accordingly increase from Rs. 479,38,60,928 (239,69,30,464 equity shares of Rs. 2/- each) to Rs. 479,40,27,128 (239,70,13,564 equity shares of Rs. 2/- each).

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Pecos Hotels & Pubs provides business update
Jun 28,2017

Pecos Hotels & Pubs announced that consequent to receipt of a notice dated 22 June 2017 issued by Excise Department instructing to shift the Restaurant(s) selling alcohol in the vicinity of 500 meters of National and State highways, the Company is taking appropriate action to shift those outlets which are within 500 meters from the highways.

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OK Play India announces resignation of director
Jun 28,2017

OK Play India has received resignation letter from Naresh Kumar (DIN 00452811), Non-Executive Independent Director of the Company with effect from 22 June 2017.

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RBL Bank allots 103,807 equity shares
Jun 28,2017

RBL Bank has allotted 103,807 (One Lac Three Thousand Eight Hundred & Seven) equity shares of face value Rs. 10 each on 27 June 2017 under the ESOP Schemes of the Bank.

Consequent to the above allotment, the paid up share capital of the Bank has increased from 376,619,991 equity shares of Rs. 10 each aggregating Rs. 3,766,199,910 to 376,723,798 equity shares of Rs. 10 each aggregating Rs. 3,767,237,980.

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