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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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Wipro recognised as Leader for Big Data & Analytics 2017
Apr 28,2017

Wipro has been positioned as a Leader in the NelsonHall Vendor Evaluation and Assessment Tool report for Big Data & Analytics 2017.

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Board of Punjab National Bank approves capital raising under Tier I & Tier II
Apr 28,2017

The Board of Directors of Punjab National Bank at its meeting held on 28 April 2017 has granted permission to raise Basel III Compliant Debt instrument - Perpetual Additional Tier I Capital bonds to the extent of Rs. 3000 crore and Tier - II bonds up to Rs. 3000 cror, subject to availability of headroom in one or more tranches.

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Thermax wins contracts valued at $157 million
Apr 28,2017

Thermax has won export contracts from a leading African conglomerate to supply 4 utility boilers, 8 heat recovery steam generators and 2 flue gas stem generators for its refinery and petrochemical project coming up in Nigerai. The order, won against global competition, is valued at approximately $157 million.

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Punjab & Sind Bank gets ratings assigned for proposed AT-I bond issue
Apr 28,2017

Punjab & Sind Bank announced that the proposed Basel III AT-1 Bonds upto Rs.1,000 crore have been rated as A+(Stable) by CARE and A+ (hyb) (Stable) by ICRA.

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Mahindra & Mahindra gets reaffirmation in credit ratings
Apr 28,2017

Mahindra & Mahindra announced that CARE has reaffirmed credit ratings for the Companys bank facilities as under -

Long term bank facilities (Rs 184 crore) - CARE AAA; Stable
Short term bank facilities (Rs 66 crore) - CARE A1

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Zee Learn allots 25,067 equity shares
Apr 28,2017

Zee Learn has allotted 25,067 equity shares under ESOP scheme. Consequently, the paid up share capital of the Company has increased to 323,485,054 equity shares of Re 1 each.

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Uni Abex Alloy Products accorded with One Star Export House status
Apr 28,2017

Uni Abex Alloy Products has been accorded One Star Export House status certificate by the Govt. of India, Ministry of Commerce & Industry - Directorate General of Foreign Trade.

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Kokuyo Camlin commences operations at new unit at Patalganga
Apr 28,2017

Kokuyo Camlin has started commercial production and supply operations at the newly set up unit of the Company at Patalganga from 28 April 2017.

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Siti Networks announces resignation of CFO
Apr 28,2017

Siti Networks announced that Sanjay Berry, Chief Financial Officer (CFO) of the Company has resigned with effect from close of business on 28 April 2017.

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Mangalore Chemicals & Fertilizers resumes operations of Ammonia, Urea and ABC plants
Apr 28,2017

Mangalore Chemicals & Fertilizers has started the operations of Ammonia, Urea and ABC plants after the annual maintenance activities. The Company had shut down these plants from 03 March 2017.

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Karnataka Bank appoints CFO
Apr 28,2017

Karnataka Bank has designated Balachandra YV as Chief Financial Officer (CFO) with effect from 28 April 2017 in place of Chandrashekar Rao B.

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Omkar Speciality Chemicals provides update on scheme of arrangement
Apr 28,2017

Omkar Speciality Chemicals announced that the Company has received the certified copy of the order of the Honble National Company Law Tribunal, Mumbai Bench sanctioning the scheme of arrangement between Omkar Speciality Chemicals and Lasa Laboratory and Urdhwan Chemicals Company and Rishichem Research and Desh Chemicals and Lasa Supergenerics and their respective shareholders and creditors on 28 April 2017.

The said order will be filled with the Registrar of Companies within specified timeline.

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Trident bags Best Planned Maintenance Circle Award
Apr 28,2017

Trident received Best Planned Maintenance Circle Award in 8th TPM Circle Competition organised by Confederation of Indian Industry (CII)

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Yes Bank allots 3,21,150 equity shares
Apr 28,2017

Yes Bank has allotted 3,21,150 (Three Lakh Twenty One Thousand One Hundred and Fifty ) equity shares of face value of Rs 10/- each on April 28, 2017 under the JESOP IV, JESOP V, PESOP I, PESOP II and PESOP II - 2010. The paid up share capital of the Bank has accordingly been increased from Rs 456,66,82,950/- consisting of 45,66,68,295 equity shares of Rs 10/- each to Rs 456,98,94,450/- consisting of 45,69,89,445 equity shares of Rs 10/- each.

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eClerx Services announces change in corporate office address
Apr 28,2017

eClerx Services announced that the corporate office address of the Company stands changed effective 30 April 2017 from 1102, 11 Floor, Tower-2, Indiabulls Finance Centre, 612/613, S. B. Marg, Elphinstone Road (W), Mumbai - 400013 to 4th Floor, Express Towers, Nariman Point, Mumbai - 400 021.

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