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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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Venmax Drugs & Pharmaceuticals to hold board meeting
Feb 08,2017

Venmax Drugs & Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 16 February 2017, to consider and take note of the unaudited financial results for the quarter ended 31 December 2016.

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Mobile Telecommunications to hold board meeting
Feb 08,2017

Mobile Telecommunications will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and approve the unaudited financial results along with Limited Review Report of the Company for the quarter ended 31 December 2016.

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Unipro Technologies to hold board meeting
Feb 08,2017

Unipro Technologies will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and take on record the Un Audited Financial Results for the Quarter ended 31 December 2016.

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Lippi Systems to hold board meeting
Feb 08,2017

Lippi Systems will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider Un-Audited financial results for the quarter ended 31 December 2016.

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Pazel International to hold board meeting
Feb 08,2017

Pazel International will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and take on record the Unaudited Financial Results of the Company for the Quarter and half year ended December 31, 2017.

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Indo Euro Indchem to hold board meeting
Feb 08,2017

Indo Euro Indchem will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and approve the Unaudited Financial results for Quarter ended 31 December 2016.

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Aarvee Denims & Exports intimates of fire accident
Feb 08,2017

Aarvee Denims & Exports announced that on 06 February 2017, approx 04:00 p.m., there was a fire broke out at Narol unit situated at 188/2, Ranipur Village, Opp. CNI Church, Narol, Ahmedabad - 382 405 at Finishing & Packing Department.

The fire was quickly brought under control by the Fire Fighters. Due to fire stocks, ceiling and other areas of fire places were damaged. The stock was fully insured and the Company has already informed to Insurance Company about the fire incidence.

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Thomas Cook (India) provides update on subsidiary - Quess Corp
Feb 08,2017

Thomas Cook (India) announced that Quess Corp (Formerly known as IKYA Human Capital Solutions), a subsidiary of Thomas Cook (India), has entered into definitive agreements for acquiring Comtel Solutions, Singapore on 06 February 2017.

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Protection of consumers interests in digital mode of payment
Feb 08,2017

Instructions have been issued on Merchant Discount Rate (MDR) Structure on June 28, 2012 capping the MDR @ 0.75% for payment made through debit cards upto Rs. 2000/- and @ not exceeding 1 % for transaction value above Rs. 2000/-. Further, in order to facilitate wider acceptance of card payments, following temporary measures have been introduced for the period from Jan 1, 2017 applicable till March 31, 2017:

i. For transactions upto Rs. 1000/- MDR shall be capped at 0.25% of the transaction value.

ii. For transactions above Rs. 1000/- and upto Rs. 2000/-, MDR shall be capped at 0.5% of the transaction value.

Reserve Bank of India has been continuously striving to promote electronic transactions by making it safe, secure accessible and efficient. Toward this end, a number of measures have been taken on n++Security and Risk Mitigation Measures for Securing Electronic Payment Transactionsn++ which can broadly be put in to 4 categories.

i. Securing Card Present Transactions

ii. Securing Card not Present Transactions/On line card not present transactions.

iii. Securing Payments through Internet banking /Electronic Payments-RBI has required banks to introduce additional measures to secure electronic mode of payments like RTGS, NEFT and IMPS.

iv. On line alerts for all type of card transactions - RBI instructed banks to send on line alerts to customers for all type of card transactions

Honble Finance Minister in Budget Speech 2017-18 has proposed to create a Payments Regulatory Board in the Reserve Bank of India by replacing the existing Board for Regulation and Supervision of Payment and Settlement Systems. Necessary amendments are proposed to this effect in the Finance Bill 2017.

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Kopran hits 52-week high after robust Q3 earnings
Feb 08,2017

The result was announced after market hours yesterday, 7 February 2017.

Meanwhile, the S&P BSE Sensex was down 18.05 points, or 0.06%, to 28,353.21.

On the BSE, 7.96 lakh shares were traded on the counter so far as against the average daily volumes of 78,607 shares in the past one quarter. The stock had hit a high of Rs 71.65 so far during the day, which is also its 52-week high. The stock hit a low of Rs 65.65 so far during the day.

The stock had hit a 52-week low of Rs 40.65 on 29 February 2016.

The small-cap company has equity capital of Rs 43.25 crore. Face value per share is Rs 10.

Kopran is an integrated pharmaceutical company manufacturing a large range of products. It manufactures both active pharmaceutical ingredients and finished dosage forms.

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Coromandel Agro Products and Oils to hold board meeting
Feb 08,2017

Coromandel Agro Products and Oils will hold a meeting of the Board of Directors of the Company on 11 February 2017.

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Mukesh Babu Financial Services to hold board meeting
Feb 08,2017

Mukesh Babu Financial Services will hold a meeting of the Board of Directors of the Company on 13 February 2017.

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BMB Music & Magnetics to hold board meeting
Feb 08,2017

BMB Music & Magnetics will hold a meeting of the Board of Directors of the Company on 13 February 2017, to consider and approve the Unaudited Financial Results of the Company, for the Quarter and Nine Months Ended on 31 December 2016.

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Yuvraaj Hygiene Products to hold board meeting
Feb 08,2017

Yuvraaj Hygiene Products will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and approve the Unaudited Financial Results for the quarter and nine months ended 31 December 2016 & Issue of Convertible Warrants through Preferential Offer

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Tirupati Inks to hold board meeting
Feb 08,2017

Tirupati Inks will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and approve the Unaudited Financial Results of the Company, for the Quarter and Nine Months Ended on 31 December 2016.

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