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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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FPIs step-up selling
Oct 27,2016

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 1417.12 crore into the secondary equity markets yesterday, 26 October 2016, higher than their net sales of Rs 503.44 crore during the preceding trading session on Tuesday, 25 October 2016. The net outflow of Rs 1417.12 crore on 26 October 2016 was a result of gross purchases of Rs 3903.80 crore and gross sales of Rs 5320.92 crore. On that day, the Sensex dropped 254.91 points or 0.91% to settle at 27,836.51, its lowest closing level since 17 October 2016.

There was a net outflow of Rs 95.66 crore into the category primary markets & others on 26 October 2016, which was a result of gross purchases of Rs 0.99 crore and gross sales of Rs 96.65 crore.

FPIs have sold stocks worth a net Rs 4897.12 crore into the secondary equity markets in this month so far (till 26 October 2016). FPIs bought shares worth a net Rs 7217.88 crore from the secondary equity markets last month. FPIs have purchased shares worth a net Rs 41532.15 crore from the secondary equity markets in calendar year 2016 so far (till 26 October 2016). FPIs sold shares worth a net Rs 4863.71 crore into the secondary equity markets in calendar year 2015.

There has been a net inflow of Rs 1699.69 crore from FPIs into the category primary markets & others in this month so far (till 26 October 2016). There was a net inflow of Rs 3225.37 crore from FPIs into the category primary markets & others last month. The net inflow from FPIs into category primary markets & others has totaled Rs 6563.40 crore in calendar year 2016 so far (till 26 October 2016). There was net inflow of Rs 22168.40 crore from FPIs into the category primary markets & others in calendar year 2015.

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Cabinet approves the new Agreement on Trade, Commerce and Transit between India and Bhutan
Oct 27,2016

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has approved an Agreement on Trade, Commerce and Transit between India and Bhutan.

The bilateral trade relations between India and Bhutan are governed by the Agreement on Trade, Commerce and Transit between the Government of India and Bhutan. The Agreement provides for a free trade regime between two countries. The Agreement also provides for duty free transit of Bhutanese merchandise for trade with third countries.

The Agreement was renewed on 29th July 2006 for a period of ten years. The validity of this Agreement was extended, with effect from 29th July 2016, for a period of one year or till the new agreement comes into force, through exchange of Diplomatic notes.

The traditionally unique bilateral relations characterized by trust and understanding between India and Bhutan have matured over the years and would be further strengthened by execution of the proposed Agreement on Trade, Commerce and Transit Agreement.

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Cabinet approves exchanging of land between AAI and Government of Odisha for widening of road at Biju Patnaiak Airport, Bhubaneshwar
Oct 27,2016

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the exchanging of Airports Authority of Indias (AAI) land measuring 1.6 acres with an equivalent land area of 1.6 acres offered by Odisha Government.

The State Government has offered 1.6 acres of land in lieu of 1.6 acres land of AAI and agreed to undertake and relocate all the existing infrastructure of AAI on the subject land on its own cost. Further, the land offered by the State Government is contiguous to existing airport and it will be used by AAI for construction of Parallel Taxi Track. The exchange of land is not only beneficial to the State Government & AAI but also to the people.

Odisha Government wants to widen the State Government road near Bhubaneswar Airport (known as Ekamara Marg/Palashpalli Road) for streamlining the security arrangements of the VIP movements and creating buffer zone for public use. For this purpose requires 1.6 acres land of AAI is required by the State Government.

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Yash Chemex to hold board meeting
Oct 27,2016

Yash Chemex will hold a meeting of the Board of Directors of the Company on 14 November 2016 to consider, approve and take on record the unaudited standalone Financial Results of the Company for the 2nd quarter and half year ended on September 30, 2016.

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Mihika Industries to hold board meeting
Oct 27,2016

Mihika Industries will hold a meeting of the Board of Directors of the Company on 10 November 2016 to consider and approve the Unaudited Financial Results for the quarter ended September 30, 2016.

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JK Agri Genetics(New) to hold board meeting
Oct 27,2016

JK Agri Genetics(New) will hold a meeting of the Board of Directors of the Company on 7 November 2016 to consider and approve the Unaudited Financial Results of the Company for the second quarter ended September 30, 2016.

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IND Renewable Energy to hold board meeting
Oct 27,2016

IND Renewable Energy will hold a meeting of the Board of Directors of the Company on 12 November 2016 Quarterly Results

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Healthfore Technologies to hold board meeting
Oct 27,2016

Healthfore Technologies will hold a meeting of the Board of Directors of the Company on 7 November 2016 to consider and approve the Unaudited Financial Results of the Company for the quarter ended September 30, 2016.

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Shri Niwas Leasing & Finance to hold board meeting
Oct 27,2016

Shri Niwas Leasing & Finance will hold a meeting of the Board of Directors of the Company on 12 November 2016 to consider and take on record Unaudited Quarterly Financial Results of the Company for the Quarter ended on September 30, 2016.

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Talwalkars Better value Fitness to hold board meeting
Oct 27,2016

Talwalkars Better value Fitness will hold a meeting of the Board of Directors of the Company on 10 November 2016 to take on record the unaudited standalone and consolidated financial results of the Company for the quarter and half year ended September 30, 2016.

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Advance Multitech to hold board meeting
Oct 27,2016

Advance Multitech will hold a meeting of the Board of Directors of the Company on 12 November 2016 to consider and take on record unaudited financial results of the Company for the quarter ended September 30, 2016.

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Florence Investech to hold board meeting
Oct 27,2016

Florence Investech will hold a meeting of the Board of Directors of the Company on 7 November 2016 to consider and approve the Unaudited Financial Results of the Company for the Second Quarter ended September 30, 2016.

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Sarvottam Finvest to hold board meeting
Oct 27,2016

Sarvottam Finvest will hold a meeting of the Board of Directors of the Company on 10 November 2016 to consider and approve the Unaudited Financial Results for the quarter ended September 30, 2016.

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Board of PPAP Automotive recommends dividend
Oct 27,2016

PPAP Automotive announced that the Board of Directors of the Company at its meeting held on 27 October 2016, inter alia, have recommended the dividend of Rs 1.25 per equity Share (i.e. 12.5%) , subject to the approval of the shareholders.

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Board of ONGC recommends dividend
Oct 27,2016

ONGC announced that the Board of Directors of the Company at its meeting held on 27 October 2016, inter alia, have recommended the dividend of Rs 4.5 per equity Share (i.e. 90%) , subject to the approval of the shareholders.

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