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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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Nikki falls on yen strength, British exit woes
Jan 16,2017

The Japan share market closed down on Monday, 16 January 2017, as risk aversion selloff triggered by yen ascent to around 114 per greenback amid fresh concerns over Britains upcoming exit from the European Union. The 225-issue Nikkei average lost 192.04 points, or 1.00%, to close at 19,095.24. The Topix index of all first-section issues finished down 14.25 points, or 0.92%, at 1,530.64.

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Blue Blends (India) allots 11,83,800 equity shares
Jan 16,2017

Blue Blends (India) has issued and allotted 11,83,800 Equity shares of Rs. 10/- each for cash at a price of Rs. 72/- each (including premium of Rs. 12/- each) through preferential issue as approved by the shareholders in the Extra Ordinary General Meeting held on 13 February 2016.

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Australia Market climbs as miners rally
Jan 16,2017

Australian share market closed higher on Monday, 16 January 2017, boosted by materials and resources stocks, thanks to rise in iron ore and base metal prices. At the closing bell, the benchmark S&P/ASX 200 index inclined 27.30 points, or 0.48%, to 5748.40, while the broader All Ordinaries index added 26.20 points, or 0.45%, to close at 5803.

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Bhel commissions 500 MW II unit of Sagardighi Thermal Power Station Phase II project
Jan 16,2017

Bharat Heavy Electrical has commissioned another 500 MW thermal unit in the State of West Bengal. The unit was the second 500 MW set to be commissioned at Sagardighi Thermal Power Station Phase II project in Musrshidabad district in West Bengal. The project is being set up by the state owned West Bengal Power Development Corporation.

The first unit of the 1000 MW project was commissioned earlier by Bhel in December 2015.

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Board of Aayush Food And Herbs to consider resignation of directors
Jan 16,2017

Aayush Food And Herbs has received letters of resignation effective from 24 January 2017 from the Directors of the Company, namely- Ashish Mittal - Managing Director, Sunil Mittal - Director and Neena Mittal - Director due to their pre-occupations.

In this regard, the Board shall conduct a meeting on 24 January 2017 to consider and take note of the same.

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Suzlon Energy achieves 10,000 MW installed wind energy milestone
Jan 16,2017

Suzlon Energy achieved the 10,000 MW cumulative wind energy installation in India. Suzlons 10,000 MW of wind installations is capable of powering over 5 million households per annum and offset 21.5 million tonnes of carbon dioxide emission annually which is equivalent to planting over 1500 million trees.

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Kashyap Tele-Medicines intimates of cancellation of registration as Non-Banking Financial Institution
Jan 16,2017

Kashyap Tele-Medicines announced that RBI vide its letter Dated: 26 December 2016 has cancelled Certificate of Registration to carry on the business of Non-Banking Financial Institution.

In this matter, Company in its Annual General Meeting held on 25 September 1999 altered its object clause and discontinue its business in leasing and financing and same was intimated to RBI for revocation of Certificate. Presently the Company is engaged under the business segment of Information Technology and its solution, 100% of income is generated from same segment.

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Hil commences commercial production at its new Dry Mix manufacturing facility
Jan 16,2017

Hil announced that the Company on 14 January 2017 has commenced the commercial production at its newly established Dry Mix manufacturing facility at Jhajjar, Haryana with an installed capacity of 72,000 MT (i.e 44,000 MT of Wall Putty and 28,000 MT of Cement Based Grey Mortar) per annum.

The above products will be marketed under its Brand name Aerocon, which is one of the most trusted name for building products in the Country. The Companys Jhajjar Dry Mix Plant shall cater to the growing market in Haryana and other states of the Country.

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Quadrant Televentures decides to close its GSM Business operations
Jan 16,2017

Quadrant Televentures has decided to close its GSM Business Operations with effect from 15 February 2017. As per the requirements of Unified Access Services License granted by the Department of Telecommunications, the Company has served on 16 January 2017 a prior intimation/ notice of 30 days through SMS to its existing GSM Customers, regarding closure/ discontinuation of GSM Services of the Company with effect from 15 February 2017.

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Knitworth Exports appoints director
Jan 16,2017

Knitworth Exports has appointed Deepa Hakani as Additional Director of the Company with effect from 14 January 2017.

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Delta Corp to commence Casino operations in Gangtok, Sikkim
Jan 16,2017

Delta Corp on 16 January 2017 has been issued a licence for operations of a Casino in Gangtok, Sikkim, under the Sikkim Casino (Control &Tax) Act, 2002.

The Company is fully ready to commence its Casino operations and will do so immediately.

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APL Apollo Tubes completes acquisition of Blue Ocean Projects
Jan 16,2017

APL Apollo Tubes has completed the acquisition of Blue Ocean Projects by acquiring all the shares (100%) of Blue Ocean Projects on 14 January 2017 and consequently, Blue Ocean Projects has now become a wholly owned subsidiary of the Company w.e.f 14 January 2017.

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Ras Resorts & Apart Hotels standalone net profit declines 20.83% in the December 2016 quarter
Jan 16,2017

Net profit of Ras Resorts & Apart Hotels declined 20.83% to Rs 0.19 crore in the quarter ended December 2016 as against Rs 0.24 crore during the previous quarter ended December 2015. Sales declined 4.78% to Rs 2.19 crore in the quarter ended December 2016 as against Rs 2.30 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales2.192.30 -5 OPM %20.5525.22 - PBDT0.380.49 -22 PBT0.290.38 -24 NP0.190.24 -21

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Integrated Capital Services standalone net profit rises 466.67% in the December 2016 quarter
Jan 16,2017

Net profit of Integrated Capital Services rose 466.67% to Rs 0.34 crore in the quarter ended December 2016 as against Rs 0.06 crore during the previous quarter ended December 2015. Sales rose 62.79% to Rs 0.70 crore in the quarter ended December 2016 as against Rs 0.43 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.700.43 63 OPM %44.2923.26 - PBDT0.550.10 450 PBT0.540.09 500 NP0.340.06 467

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Integrated Capital Services consolidated net profit rises 233.33% in the December 2016 quarter
Jan 16,2017

Net profit of Integrated Capital Services rose 233.33% to Rs 0.40 crore in the quarter ended December 2016 as against Rs 0.12 crore during the previous quarter ended December 2015. Sales rose 45.76% to Rs 0.86 crore in the quarter ended December 2016 as against Rs 0.59 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.860.59 46 OPM %51.1625.42 - PBDT0.680.15 353 PBT0.640.14 357 NP0.400.12 233

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