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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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Board of India Home Loan considers change in directorate and appoints company secretary
Feb 07,2017

The Board of Directors of India Home Loan at their meeting held on 06 February 2017 transacted the following -

Took on record resignation of Independent Director Ramesh Mishra.

Took on record resignation of Independent Woman Director Aditi Bhatt.

Appointed Vasudevan Ramaswami as Additional Independent Director of the Company with effect from 06 February 2017.

Appointed CS Divya Jain as Whole Time Company Secretary.

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NBCC (India) may gain after new order win
Feb 07,2017

NBCC (India) secured total business of Rs 187.49 crore in January 2017. The company also announced signing Memorandum of Understanding with Ministry of Tourism and State Government of Jammu and Kashmir. The announcement was made after market hours on Monday, 6 February 2017.

Among results of prominent companies, Tata Steel, Bhel and Punjab National Bank announce their Q3 results today, 7 February 2017.

Rural Electrification Corporation (REC) announced that it entered into memorandums of understanding (MoUs) with Karnataka Power Corporation (KPCL) and Bangalore Electricity Supply Company (BESCOM) for extending financial assistance to the tune of Rs 39121 crore for the next five years (i.e. till March 2022). REC will provide financial assistance upto Rs 27121 crore to KPCL and upto 12000 crore to BESCOM. The announcement was made after market hours on Monday, 6 February 2017.

Titagarh Wagons said that the company has received letter of intent from the National Institute of Ocean Technology under the Ministry of Earth Sciences, Government of India for design, construction and delivery of two coastal research vessels valued at about Rs 100 crore. The announcement was made after market hours on Monday, 6 February 2017.

Poly Medicure said that the board of directors of the company has recommended issue of 1:1 bonus shares. The announcement was made after market hours on Monday, 6 February 2017.

Astral Poly Techniks consolidated net profit rose 56.36% to Rs 32.68 crore on 12.08% rise in total income to Rs 451.37 crore in Q3 December 2016 over Q3 December 2015. The announcement was made after market hours on Monday, 6 February 2017.

Gujarat State Petronets net profit fell 4.27% to Rs 118.56 crore on 2.84% rise in total income to Rs 284.52 crore in Q3 December 2016 over Q3 December 2015. The announcement was made after market hours on Monday, 6 February 2017.

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Remi Edelstahl Tubulars announces resignation of CFO
Feb 06,2017

Remi Edelstahl Tubulars announced that Shashank Chaturvedi, has resigned from the position of Chief Financial Officer (Key Managerial Personnel) and Compliance Officer of the Company w.e.f. 03 February 2017, due to his other preoccupation.

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Vijaya Bank intimates of withdrawal of proposed bank strike
Feb 06,2017

Vijaya Bank announced that in this regard the Bank has been informed by Indian Banks Association (IBA) that the General Secretaries of the following Unions/Associations have informed that the proposed strike on 07 February 2017 has been withdrawn.

1. All India Bank Employees Association (AIBEA)

2. All India Bank Officers Associations (AIBOA)

3. Bank Employees Federation of India (BEFI)

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NBCC (India) secured new orders worth Rs 187.49 crore
Feb 06,2017

NBCC (India) has secured orders worth Rs 187.49 crore in the month of January 2017.

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Vedanta shifts registered office
Feb 06,2017

Vedanta announced that its registered office is shifted from State of Goa to State of Maharashtra with effect from 04 February 2017.

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Trade Wings appoints company secretary and compliance officer
Feb 06,2017

Trade Wings announced that Zurica Pinto has been appointed as the Whole time Company Secretary and Compliance Officer of the Company w.e.f. 06 February 2017 at the Board Meeting held on 06 February 2017.

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Axis Bank allots 142310 equity shares
Feb 06,2017

Axis Bank announced that the Bank has allotted 1,42,310 equity shares of Rs. 2/- each on 06 February 2007, pursuant to exercise of options under its ESOP Scheme.

The paid up share, capital of the Bank of the accordingly increase from Rs. 478,32,66,346 (239,16,33,173 equity shares of Rs. 2/- each) to Rs. 478,35,50,966 (239,17,75,483 equity shares of Rs. 2/- each).

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Titagarh Wagons receives order worth Rs 100 crore for two costal research vessels
Feb 06,2017

Titagarh Wagons has received Letter of Intent dated 30 January 2017 from the National Institute of Ocean Technology under the Ministry of Earth Sciences, Government of India for design, construction and delivery of two Coastal Research Vessels valued at about Rs.100 crore.

The above order is in consolidation of the order book position of the Shipbuilding vertical of the Company.

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Ashok Leyland gets revision in credit ratings
Feb 06,2017

Ashok Leyland has received revision in credit ratings from CARE as under -

Long term / short term bank facilities - CARE AA; Stable/ CARE A1+ (Revised from CARE AA-/ CARE A1+)

Commercial Paper - CARE A1+ (Reaffirmed)

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TCS wins award for Best Supplier -IT Services for year 2015-16
Feb 06,2017

Tata Consultancy Services has been awarded the Best Supplier - IT Services for the year 2015 -16 by Infineon Technologies AG, a world leader in semiconductor solutions. The accolade was made in recognition of outstanding service delivery in supply chain and customer software development.

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Bharti Airtel cross two million home broadband customers mark
Feb 06,2017

Bharti Airtel rolled out Airtel Surprises for its home broadband customers offering them additional data and content benefits within their existing plans. This is a special gesture by the Company to mark the two million home broadband subscriber milestone.

All existing Airtel home broadband customers will get free additional monthly data top-up with their existing broadband at no extra cost.

To avail the offer of Airtel Surprises, customers will have to log on to www.airtel.in/broadbandsurprises and unlock their surprise.

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Mangalam Timber Products announce demise of director
Feb 06,2017

Mangalam Timber Products announced about the sad demise of Prabir Chakravarti, Independent, Non-Executive Director of the Company, on 05 February 2017.

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REC enters into MoUs with Karnatatka Power Corporation & Bangalore Electricity Supply Company
Feb 06,2017

Rural Electrification Corporation announced that the Company has entered into Memorandums of Understanding (MoUs) with Karnataka Power Corporation (KPCL) and Bangalore Electricity Supply Company (BESCOM) for extending financial assistance to the tune of Rs. 39,121 crore for the next five years (i.e. till March, 2022); i.e. financial assistance upto Rs. 27,121 crore to KPCL and upto Rs. 12,000 crore to BESCOM.

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Oil & Natural Gas Corpn appoints directors
Feb 06,2017

Oil & Natural Gas Corpn announced the appointment of Deepak Sethi, Vivek Mallya and Sumit Bose as Additional Directors on the Board of the Company with effect from 31 January 2017.

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