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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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Superior Industrial Enterprises announces board meeting date
Jul 20,2017

Superior Industrial Enterprises will hold a meeting of the Board of Directors of the Company on 10 August 2017, to approve the un-audited standalone financial results of the Company for the quarter ended 30th June 2017

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Sical Logistics to declare Quarterly Result
Jul 20,2017

Sical Logistics will hold a meeting of the Board of Directors of the Company on 2 August 2017, to approve the unaudited financial results of the company for the quarter ended 30th June 2017

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Alembic to discuss results
Jul 20,2017

Alembic will hold a meeting of the Board of Directors of the Company on 28 July 2017, to consider and approve the Unaudited Financial Results of the Company for the quarter ended 30th June 2017

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Board of Wipro approves buyback of shares aggregating up to Rs 11000 crore
Jul 20,2017

Wipro announced that the Board of Directors of the Company at its meeting held on 20 July 2017, has approved a proposal to buyback up to 34,37,50,000 Equity Shares of the Company for an aggregate amount not exceeding Rs. 11000 crore (hereinafter referred to as the n++Buyback Sizen++), being 7.06% of the total paid up equity share capital, at Rs. 320/- (Rupees Three Hundred and Twenty only) per Equity Share (hereinafter n++Buyback Pricen++ and such buyback, the n++Buybackn++).

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PMVVY is a Pension Scheme announced by the GOI exclusively for the senior citizens available from 4th May 2017 to 3rd May 2018
Jul 20,2017

The Union Minister for Finance, Defence and Corporate Affairs will formally launchthe Pradhan Mantri Vaya Vandana Yojana (PMVVY) tomorrow in the national capital. PMVVY is a Pension Scheme announced by the Government of India (GOI) exclusivelyfor the senior citizens aged 60 years and above which is available from 4th May 2017 to 3rdMay 2018. The Scheme can be purchased offline as well as online through Life Insurance Corporation (LIC) of India which has been given the sole privilege to operate this Scheme.

Following are the major benefits under thePradhan Mantri Vaya Vandana Yojana (PMVVY):

 n++         Scheme provides an assured return of 8% p.a. payable monthly (equivalent to 8.30% p.a. effective) for 10 years.

n++         Pension is payable at the end of each period, during the policy term of 10 years, as per the frequency of monthly/ quarterly/ half-yearly/ yearly as chosen by the pensioner at the time of purchase.

n++         The scheme is exempted from Service Tax/ GST.

n++         On survival of the pensioner to the end of the policy term of 10 years, Purchase price along with final pension installment shall be payable.

n++         Loan upto 75% of Purchase Price shall be allowed after 3 policy years (to meet the liquidity needs). Loan interest shall be recovered from the pension installments and loan to be recovered from claim proceeds.

n++         The scheme also allows for premature exit for the treatment of any critical/ terminal illness of self or spouse. On such premature exit, 98% of the Purchase Price shall be refunded.

n++         On death of the pensioner during the policy term of 10 years, the Purchase Price shall be paid to the beneficiary.

n++         Minimum / Maximum Purchase Price and Pension Amount:

Mode of PensionMinimum
Purchase Price
Maximum
Purchase Price
Minimum
Pension amount
Maximum
Pension amount
YearlyRs. 1,44,578/-Rs. 7,22,892/-Rs. 12,000/-Rs. 60,000/-Half-yearlyRs. 1,47,601/-Rs. 7,38,007/-Rs. 6,000/-Rs. 30,000/-QuarterlyRs. 1,49,068/-Rs. 7,45,342/-Rs. 3,000/-Rs. 15,000/-MonthlyRs. 1,50,000/-Rs. 7,50,000/-Rs. 1,000/-Rs. 5,000/-

n++         The ceiling of maximum pension is for a family as a whole, the family will comprise of pensioner, his/her spouse and dependants.

n++         The shortfall owing to the difference between the interest guaranteed and the actual interest earned and the expenses relating to administration shall be subsidized by the Government of India and reimbursed to the Corporation.

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Sueryaa Knitwear to convene AGM
Jul 20,2017

Sueryaa Knitwear announced that the Annual General Meeting (AGM) of the company will be held on 11 August 2017.

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Arman Financial Services schedules board meeting
Jul 20,2017

Arman Financial Services will hold a meeting of the Board of Directors of the Company on 5 August 2017, to consider & approve the unaudited Financial Results (Both Standalone & Consolidated) for the quarter ended on 30 June 2017

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Swasti Vinayaka Art & Heritage Corpn. to conduct board meeting
Jul 20,2017

Swasti Vinayaka Art & Heritage Corpn. will hold a meeting of the Board of Directors of the Company on 28 July 2017, to consider and adopt the Un-Audited Financial Results for Quarter ended 30th June 2017.

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Elpro International to hold board meeting
Jul 20,2017

Elpro International will hold a meeting of the Board of Directors of the Company on 25 July 2017.

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Ashirwad Capital to hold board meeting
Jul 20,2017

Ashirwad Capital will hold a meeting of the Board of Directors of the Company on 28 July 2017, to consider and adopt the Un-Audited Financial Results for Quarter ended 30th June 2017.

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Prabhat Dairy to conduct AGM
Jul 20,2017

Prabhat Dairy announced that the Annual General Meeting (AGM) of the company will be held on 10 August 2017.

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Gujarat Ambuja Exports to convene board meeting
Jul 20,2017

Gujarat Ambuja Exports will hold a meeting of the Board of Directors of the Company on 29 July 2017, to consider and approve Unaudited Financial Results of the Company for the first quarter ended 30th June, 2017

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Swasti Vinayaka Synthetics to announce Quarterly Result
Jul 20,2017

Swasti Vinayaka Synthetics will hold a meeting of the Board of Directors of the Company on 28 July 2017, to consider and adopt the Un-Audited Financial Results for Quarter ended 30th June 2017

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Anka India to table results
Jul 20,2017

Anka India will hold a meeting of the Board of Directors of the Company on 25 July 2017.

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Alfa Ica (India) announces board meeting date
Jul 20,2017

Alfa Ica (India) will hold a meeting of the Board of Directors of the Company on 27 July 2017.

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