My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
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

Powered by Capital Market - Live News

Adani Enterprises to hold AGM
Jul 18,2017

Adani Enterprises announced that the 25th Annual General Meeting (AGM) of the company will be held on 9 August 2017.

Powered by Capital Market - Live News

Duncan Engineering to hold AGM
Jul 18,2017

Duncan Engineering announced that the Annual General Meeting (AGM) of the company will be held on 3 August 2017.

Powered by Capital Market - Live News

Epsom Properties to hold AGM
Jul 18,2017

Epsom Properties announced that the Annual General Meeting (AGM) of the company will be held on 17 August 2017.

Powered by Capital Market - Live News

Corporation Bank to hold EGM
Jul 18,2017

Corporation Bank announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 7 August 2017 .

Powered by Capital Market - Live News

OCL India to hold board meeting
Jul 18,2017

OCL India will hold a meeting of the Board of Directors of the Company on 5 August 2017, to inter-alia consider and approve the Standalone and Consolidated Unaudited Financial Results for the quarter ended 30 June 2017.

Powered by Capital Market - Live News

Eastcoast Steel to hold board meeting
Jul 18,2017

Eastcoast Steel will hold a meeting of the Board of Directors of the Company on 25 July 2017, to consider and approve the Un-audited Financial Results along with other reports for the quarter ended 30th June 2017.

Powered by Capital Market - Live News

TechNVision Ventures to hold board meeting
Jul 18,2017

TechNVision Ventures will hold a meeting of the Board of Directors of the Company on 28 July 2017.

Powered by Capital Market - Live News

Longview Tea Company to hold AGM
Jul 18,2017

Longview Tea Company announced that the Annual General Meeting (AGM) of the company will be held on 21 August 2017.

Powered by Capital Market - Live News

Wim Plast to hold AGM
Jul 18,2017

Wim Plast announced that the 29th Annual General Meeting (AGM) of the company will be held on 12 August 2017.

Powered by Capital Market - Live News

AD Manum Finance to hold board meeting
Jul 18,2017

AD Manum Finance will hold a meeting of the Board of Directors of the Company on 31 July 2017, to approve the Un-Audited Financial Results of the company for the quarter ended 30th day of June 2017.

Powered by Capital Market - Live News

Bata India to hold board meeting
Jul 18,2017

Bata India will hold a meeting of the Board of Directors of the Company on 2 August 2017, to consider and approve the Unaudited Financial Results of the Company for the first quarter ended 30 June 2017.

Powered by Capital Market - Live News

Vedanta to hold board meeting
Jul 18,2017

Vedanta will hold a meeting of the Board of Directors of the Company on 25 July 2017, to consider, inter alia, the un-audited financial results of the Company for the First Quarter and Three months ended 30 June 2017.

Powered by Capital Market - Live News

Amrit Corp. to hold AGM
Jul 18,2017

Amrit Corp. announced that the 76th Annual General Meeting (AGM) of the company will be held on 19 September 2017.

Powered by Capital Market - Live News

FM: Organized traders and unorganized sellers in Textile Sector have not been affected by the Goods and Services Tax (GST)
Jul 18,2017

In a written reply to a Starred Question in Rajya Sabha today, the Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley said that the organized traders and unorganized sellers in Textile Sector have not been affected by the Goods and Services Tax (GST).

Shri Jaitley said that the GST rate structure for the textile sector was discussed in detail in the GST Council Meeting held on 3rd June, 2017, wherein the Council recommended the detailed rate structure for the textile sector. Accordingly, the GST rates for the textile sector have been notified as under: 

S. No.

Type of fibre/filament

GST rate

Fibre

Yarn

Fabrics*

Garments and made ups**

1.

Silk

Nil

5%

5%

5% / 12%

2.

Wool

Nil

5%

5%

5% / 12%

3.

Cotton

Nil

5%

5%

5% / 12%

4.

Other vegetable fibres

Nil / 5%

5%

5%

5% / 12%

5.

Manmade fibres / filaments

18%

18%

5%

5% / 12%

* - 5% GST rate with no refund of unutilized input tax credit.

** - (i) 5% GST rate for garments / made ups of sale value not exceeding Rs.1000 per piece.

       (ii) 12% GST rate for garments / made ups of sale value exceeding Rs.1000 per piece.

 Thus, the GST rate structure for the Textiles Sector enables ease of classification and determination of rate.

 The main demand of the textile traders is not to put any tax on fabrics. However, the same cannot be accepted because of the following reasons:

 -+         Nil GST on fabrics will break the input tax credit chain and then the garments / made ups manufacturers will not be able to get the credit of tax on previous stages

-+         Nil GST on fabrics will result in zero rating of imported fabrics, while domestic fabrics will continue to bear the burden of input taxes.

-+         Generally, the GST rates are equal or lower than the pre-GST tax incidence. And therefore, the price of fabrics is not likely to go up. 

It is not correct to say that textiles sector was never taxed in independent India. In fact, during 2003-04, the entire textiles sector was subjected to central excise duty. Necessary steps have been taken to facilitate taxpayers to take GST registration. GST Sewa Kendras have been set-up in various centres to handhold the taxpayers and to provide all necessary guidance regarding GST compliance.

Powered by Capital Market - Live News

Shriram Transport Finance Company allots NCDs aggregating Rs 980 crore
Jul 18,2017

Shriram Transport Finance Company announced that the Allotment Committee - NCDs of the Company in its meeting held on 18 July 2017, approved and allotted 9800 Secured Redeemable Rated Listed Non-Convertible Debenture of face value of Rs.10,00,000/- (Rupees Ten Lakh only) each, aggregating to Rs. 980 crore on private placement basis.

Powered by Capital Market - Live News