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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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Alkem Laboratories intimates of successful USFDA inspection of Bioequivalence facility
Jul 14,2017

Alkem Laboratories announced that US FDA had conducted an inspection at the Companys Bioequivalence facility located at Taloja, India from 10 July, 2017 to 14 July, 2017. At the end of the inspection, no Form 483 was issued.

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First Winner Industries announces resignation of company secretary and compliance officer
Jul 14,2017

First Winner Industries announced that Avani Sanghavi has resigned from the post of Company Secretary and Compliance Officer of our company with immediate effect i.e. from 14 July, 2017.

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Board of Tirupati Tyres appoints director
Jul 14,2017

The Board of Tirupati Tyres at its meeting held on 14 July 2017 have appointed Uttamkant Ambre as Independent Director of the Company.

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Kharif Crop Sowing Crosses 563 Lakh Hectare Area
Jul 14,2017

The total sown area as on 14th July 2017, as per reports received from States, stands at 563.17 lakh hectare as compared to 521.80 lakh hectare at this time last year.

It is reported that rice has been sown/transplanted in 125.77 lakh ha, pulses in 74.61 lakh ha, coarse cereals in 113.06 lakh ha, sugarcane in 47.94 lakh hectare and cotton in 90.88 lakh ha.

The details of the area covered so far and that covered during this time last year are given below:

                                                                                                                              Lakh hectare 

CropArea sown in 2017-18Area sown in 2016-17Rice125.77120.32Pulses74.6160.28Coarse Cereals113.0698.79Oilseeds103.92115.75Sugarcane47.9445.22Jute & Mesta6.987.51Cotton90.8873.93Total563.17521.80

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Board of ADCC Infocad approves appointment of directors
Jul 14,2017

The Board of Directors of ADCC Infocad at its meeting held on 14 July 2017 has approved the appointment of Dr Satish Wate and Dhruv Kaji as Additional Directors under Non Executive Independent category.

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Board of Lypsa Gems & Jewellery approves allotment of bonus shares
Jul 14,2017

The Board of Director of Lypsa Gems & Jewellery in its meeting held on 14 July, 2017, inter alia, has approved the Allotment of Bonus Shares in the ratio of 2:5 (i.e. in the proportion of 2 (two) new equity shares of Rs. 10/- each for every 5 (Five) existing fully paid up equity share of Rs.10/- each) to the existing shareholders, whose name appears in the Register of Members of the Company as on the record date i.e. 13 July, 2017.

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FPIs turn net sellers
Jul 14,2017

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 86.05 crore from the secondary equity markets on 13 July 2017, compared with net inflow of Rs 546.66 crore on 12 July 2017. On that day, the Sensex rose 232.56 points or 0.73% to settle at 32,037.38, its record closing high.

The net outflow of Rs 86.05 crore on 13 July 2017 was a result of gross purchases of Rs 5289.27 crore and gross sales of Rs 5375.32 crore.

There was a net inflow of Rs 2.78 crore into the category primary market & others on 13 July 2017, which was a result of gross purchases of Rs 2.90 crore and gross sales of Rs 0.12 crore.

FPIs had sold stocks worth a net Rs 599.47 crore into the secondary equity markets in July 2017 so far (till 13 July 2017). FPIs had purchased stocks worth a net Rs 906.13 crore from the secondary equity markets in June 2017.

FPIs have purchased shares worth a net Rs 37956.05 crore from the secondary equity markets in calendar year 2017 so far (till 13 July 2017). They had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.

FPIs have bought stocks worth a net Rs 1097.03 crore from the category primary market & others in July 2017 so far (till 13 July 2017). FPIs had bought stocks worth a net Rs 2710.69 crore from the category primary market & others in June 2017.

FPIs have purchased shares worth a net Rs 15895.81 crore from the category primary markets & others in calendar year 2017 so far (till 13 July 2017). The net inflow from FPIs into the category primary markets & others had totaled Rs 8471.76 crore in calendar year 2016.

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Excel Industries appoints CEO
Jul 14,2017

Excel Industries announced that the Board of Directors at its meeting held on 14 July 2017 has appointed N.R. Kannan as the Chief Executive Officer of the Company w.e.f. 17 July, 2017. He is designated as the Key Managerial Personnel of the Company in terms of Section 203 of the Companies Act, 2013.

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Board of Siti Networks appoints director
Jul 14,2017

The Board of Directors of Siti Networks at its meeting held on 14 July 2017 has approved the appointment of Sidharth Balakrishna as Whole-Time Director of the Company with immediate effect.

Accordingly, Rajesh Sethi will be re-designated as Chief Business Transformation Officer of the Company with immediate effect.

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Centre releases advance grant-in-aid of Rs.51.30 crore to Arunachal Pradesh for rescue and relief operations on account of flash floods
Jul 14,2017

The Centre has released in advance two installments of grant-in-aid to the State Government of Arunachal Pradesh towards Central share of State Disaster Response Fund (SDRF).

Due to heavy rains and floods in North East, Department of Expenditure, Ministry of Finance, Government of India has released Rupees 51 crore and 30 lakh as grant-in-aid to the State Government of Arunachal Pradesh on the basis of recommendation of the 14th Finance Commission for relief necessitated by natural calamities to the State. This amount is being released in advance for rescue and relief operations required on account of flash floods.

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Outcome of board meeting of Rammaica (India)
Jul 14,2017

Rammaica (India) announced that the Board of Directors at its meeting held on 14 July 2017 approves the following -

Change in Company name to Ramasigns Industries.
Increase in authorised capital of the Company from Rs 10 crore to Rs 15 crore.
Appointment of Pankaj Jobalia as Whole Time Director of the Company.
Appointment of Jitendra Sharma as a Whole Time Director of the Company.
Appointment of Piyush Hindia as an Additional Director (Independent) of the Company.

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L&T Finance Holdings to hold board meeting
Jul 14,2017

L&T Finance Holdings will hold a meeting of the Board of Directors of the Company on 26 July 2017, to approve the Unaudited Financial Results for the quarter ended June 30, 2017.

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Sellwin Traders to hold board meeting
Jul 14,2017

Sellwin Traders will hold a meeting of the Board of Directors of the Company on 10 August 2017, to approve the un-audited quarterly result for the quarter ended on 30th June, 2017

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Suyog Telematics to hold board meeting
Jul 14,2017

Suyog Telematics will hold a meeting of the Board of Directors of the Company on 27 July 2017, to consider the Financial results for the Quarter ended June 30, 2017 along with the Limited Review Report by statutory auditors of the Company.

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Tata Communications to hold board meeting
Jul 14,2017

Tata Communications will hold a meeting of the Board of Directors of the Company on 24 July 2017, to approve the Unaudited Financial Results for the quarter ended on 30 June 2017.

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