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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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Cosmo Films to set up new production line for Speciality Polyester (BOPET) Films
Apr 08,2017

Cosmo Films has announced plans to install a new production line for Speciality Polyester (Biaxially - Oriented Polyethylene Teraphthalate) films by the third quarter of 2018-19. The new line will be commissioned at the Waluj Plant site in Aurangabad, Maharashtra with a capacity of 36,000 MT per annum. The project for the new line will entail an investment of Rs 250 crore.

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Government issues instructions to States/UTs and FCI to ensure supply of good quality foodgrains under PDS
Apr 08,2017

Government has issued following instructions to State Governments / Union Territories and Food Corporation of India (FCI) to ensure supply of good quality foodgrains under Public Distribution System (PDS).

(i) Only good quality foodgrains free from insect infestation and conforming to Food Safety Standards are to be issued under PDS.

(ii) Ample opportunities are to be provided to the State Government to check the quality of foodgrains prior to lifting the foodgrains stocks from FCI godowns.

(iii) Samples of foodgrains are to be collected and sealed from the stocks of foodgrains to be issued under the PDS jointly by FCI and State Governments/UT Administrations.

(iv) An officer not below the rank of Inspector is to be deputed from State Government to take the delivery of foodgrain stocks from FCI godowns.

(v) Regular inspection to check the quality of foodgrains is to be carried out by the officers of State Government.

(vi) It is the responsibility of the concerned State Governments/UT Administrations to ensure that during transportation and storage at different stages in the distribution chain, the foodgrains retain the required quality specifications.

(vii) The State Government, where the decentralized procurement is in operation, should ensure that the quality of foodgrains issued under PDS and other welfare schemes should meet the desired standards prescribed by Food Safety and Standards Authority of India (FSSAI).

PDS is operated under the joint responsibility of the Central and the State/UT Governments. Central Government is responsible for procurement, allocation and transportation of foodgrains upto the designated depots of the Food Corporation of India. The operational responsibilities for intra-state allocation and distribution of foodgrains within the States/UTs, identification of eligible beneficiaries, issuance of ration cards and supervision and monitoring of the Fair Price Shops (FPSs) etc. rest with the concerned State/UT Governments. Therefore, as and when complaints are received, these are referred to the State/UT Governments concerned for inquiry and appropriate action. Five complaints about supply of poor quality foodgrains distributed under PDS were received during 2016-17.

Regular surveillance, monitoring, inspection and random sampling of all the food products are undertaken by the officials of Food Safety Departments of the respective States/UTs to check that they comply with the standards laid down under Food Safety & Standards Act, 2006 and the Rules & Regulation made thereunder. In cases where food samples are found to be non-conforming, recourse is taken to penal provisions under Chapter-IX of the Food Safety and Standards Act, 2006. The implementation and enforcement of norms under Food Safety and Standards Act, 2006 and Rules & Regulation made thereunder primarily rests with the State/UT Government.

No separate enforcement data regarding samples taken from foodgrains distributed under PDS by Food Safety Authorities of the States/UTs is maintained centrally by FSSAI. However, based on information made available by the States/UTs, details of all food samples received, analyzed, found non-conforming to the norms and action taken under provision of FSS Act, 2006.

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Rs.166.255 lakhs spent for Yoga training of 11428 Physical Education Teachers during 2016-17
Apr 08,2017

The Department of School Education & Literacy, Ministry of Human Resource Development has spent Rs.166.255 lakhs during 2016-17 under Rashriya Madhyamik Shiksha Abhiyan (RMSA) for Yoga training of 11428 Physical Education Teachers of Government Secondary Schools.

National Council of Educational Research and Training (NCERT) 2005 recommended Yoga as an Integral Part of Health and Physical Education as part of National Curriculum Framework (NCF). Health and Physical Education is a compulsory subject from Class I to Class X and optional from Classes XI to XII. According to National Curriculum Framework 2005, n++the entire group Health and Physical Education and Yoga must be taken together as a comprehensive Health and Physical Education Curriculum, replacing the fragmentary approach current in schools today. As a core part of the curriculum, time allocated for games and for yoga must not be reduced or taken away under any circumstancesn++. Further, they have already developed integrated syllabi on Health and Physical Education from Class I to Class X. The content of Yoga has been included from Class VI onward. It also prepared separate syllabus on Yoga from Upper Primary to Secondary Stage.

NCERT has brought out the following two textual materials for Upper Primary (VI to VIII) and Secondary Stages (IX & X):

(i) Yoga: A Healthy Way of Living (Upper Primary stage) and

(ii) Yoga: A Healthy Way of Living (Secondary Stage)

NCERT organised Yoga Olympiad from school to National Level from 18th to 20thJune, 2016.

CCRYN under Ministry of AYUSH has been conducting one hour Yoga Classes for Government employees in few Government Offices/Ministries n Delhi

MDNIY is creating awareness about healthy food habits and concept of Yogic Diet through its courses /programmes.

There are 9 universities offering Higher education in Yoga; and 2 universities offering higher education in Yoga and Naturopathy in the country.

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Larsen & Toubro commissions two large gas based power projects
Apr 07,2017

Larsen & Toubro has commissioned gas turbines in open cycle for two large gas based power projects in Bangladesh in quick succession during March 2017. The projects are being executed by Gas Based Power Projects business unit of L&T Power based in Baroda.

The first 150 megawatts (MW) gas turbine for Bangladesh Power Development Board (BPDB)s 225 MW combined cycle (dual fuel) power plant at Sikalbaha in Chittagong district was synchronised with the national grid on 25 March 2017.

The second 280 MW gas turbine for North West Power Generation Co (NWPGCL) combined cycle power plant of 360 MW capacity development project at Bheramara in Kushtia district was synchronised with the grid on 31 March 2017.

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Healthcare Global Enterprises gets upgradation in credit ratings
Apr 07,2017

Healthcare Global Enterprises announced that ICRA has upgraded the long term rating to ICRA A- from ICRA BBB+. The outlook of the long term rating has also been revised from positive to stable.

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Shares of Poddar Housing & Development get listed on NSE
Apr 07,2017

Poddar Housing & Development announced that the shares of the Company shall be listed and admitted to dealings on the National Stock Exchange with effect from 10 April 2017.

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Cadila Healthcare intimates successful completion of inspection of Changodar facility
Apr 07,2017

Cadila Healthcare announced that USFDA inspected its Topical manufacturing facility at Changodar, near Ahmedabad, from 03 April to 07 April 2017. At the end of the inspection, no observation (483) is issued. The Company has filed 17 products with the USFDA from this manufacturing facility.

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Sacheta Metals receives order from UAE
Apr 07,2017

Sacheta Metals has received an overseas order for 42.66 crore from UAE buyer.

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Power Grid Corporation of India announces resignation of director
Apr 07,2017

Power Grid Corporation of India announced that Jyotika Kalra has resigned as Independent Director on 06 April 2017 on her appointment as Member of the National Human Rights Commission.

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GTN Industries intimates of disruption of operations at Nagpur spinning unit
Apr 07,2017

GTN Industries announced that operations at its Nagpur spinning unit have been disrupted due to illegal strike by some workers.

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Sir Shadi Lal Enterprises announces change in CFO
Apr 07,2017

Sir Shadi Lal Enterprises announced that P K Goyal has ceased to be Chief Financial Officer of the Company due to his resignation, effective from dated 31 March, 2017. Further, Rajendra Khanna, has assumed his charge as Chief Financial Officer of the Company.

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Deccan Gold Mines allots 949,700 equity shares
Apr 07,2017

Deccan Gold Mines has allotted 949,700 fully paid equity shares of Re.1/- each on conversion of employee stock options under Deccan Gold Mines Limited Employee Stock Option Scheme, 2014 (& amended 2016). Consequent to the above allotment, the paid-up equity share capital of the Company has increased from Rs.90,677,375/- consisting of 90,677,375 equity shares of Re.1/- each to Rs. 91,62,7075/- consisting of 91,627,075 equity shares of Re.1/- each

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Kabra Drugs announces resignation of director
Apr 07,2017

Kabra Drugs announced that Rajendra Bordia, Independent Director of the Company has resigned from the Board with effect from 07 April, 2017.

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Board of Larsen & Toubro approves change in directorate
Apr 07,2017

The Board of Directors of Larsen & Toubro at its meeting held on 07 April 2017 has appointed A M Naik as Non Executive Chairman with effect from 01 October 2017 for a period of three years. His current term as Group Executive Chairman ends on 30 September 2017.

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Strides Shasun provides update on acquisition of Perrigos USFDA approved facility
Apr 07,2017

Strides Shasun announced that it has completed the acquisition of Perrigos US FDA approved API facility in India.

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