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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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Aplaya Creations to hold board meeting
Jul 06,2017

Aplaya Creations will hold a meeting of the Board of Directors of the Company on 6 July 2017.

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Tata Global Beverages to hold AGM
Jul 06,2017

Tata Global Beverages announced that the 54th Annual General Meeting(AGM) of the company on 18 August 2017.

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Coromandel Agro Products and Oils to hold AGM
Jul 06,2017

Coromandel Agro Products and Oils announced that the 41th Annual General Meeting(AGM) of the company on 11 August 2017.

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6.22 lakh households in Delhi to be given water taps in next two years under Atal Mission
Jul 06,2017

All the seven Union Territories accounting for 16 Urban Local Bodies including the three Municipal Corporations of Delhi will become Open Defecation Free (ODF) by March next year. Respective Governments have committed to this effect during a two day review of progress of new urban missions that concluded here today.

Shri Venkaiah Naidu urged all the seven UTs to speed up implementation of various urban missions meant for improving infrastructure relating to sanitation, water supply and sewerage and affordable housing. He assured that all support will be provided to address capacity constraints of smaller UTs to help them pick up momentum.

During the review Delhi Government officials informed that 6.22 lakh households in Delhi will be provided with water taps over the next two years under Atal Mission for Rejuvenation and Urban Transformation (AMRUT). At present 23.78 lakh households accounting for 58% of the total 41 lakh households have water connections and this will be increased to 73% under AMRUT. Sewerage connectivity will be increased from the present 57% to 65% under AMRUT. Shri Naidu requested LG of Delhi to sort out issues related to forest and ridge lands and unauthorized colonies to ensure full coverage under water supply.

Progress of works under AMRUT in Delhi for which the Ministry of Urban Development approved an investment of Rs.802 cr for the five year period 2015-20 has been reviewed in detail.

Noting sanitation as a major area of concern in Delhi, Shri Naidu asked the Delhi Government and municipal bodies to focus on solid waste management and segregation of municipal waste at source.

It was assured that South and East MCDs will become Open Defecation Free by October this year while North MCD will do so by December this year. Only three of 201 individual household toilets for which demand has so far been received have been so far built besides 11,138 of the 22,891 community and public toilet seats required.

Of the 16 urban local bodies in the UTs, only three viz., New Delhi Municipal Council, Chandigarh and Mahe in Puducherry have become ODF so far. During the review, respective governments committed to make other 13 ULBs ODF by March next year.

Concern was also expressed over the three MCDs of Delhi not so far initiating work relating to Credit Rating and replacing old water pumpsets by energy efficient ones. It was assured that MoU in this regard will be signed with EESL by September this year.

Noting that an affordable housing need of over three lakh units in Delhi has been indicated based on earlier surveys, Shri Naidu urged DDA and Delhi Urban Shelter Improvement Board to act fast and in tandem and send all proposals at the earliest so that construction of houses can be completed by 2022.

NDMC has been asked to speed up execution of its smart city plan with focus on impactful projects like smart roads and smart parking, pedestrianisation of Connaught Place etc.

Shri Venkaiah Naidu thanked LG of Delhi Shri Anil Baijal for ensuring focus on sanitation in and overall development of Delhi since he assumed office and said that his experience and wisdom will help the cause of national capital.

Shri Naidu complimented Chandigarh for being the first city to ensure water taps to all the households under AMRUT. City officials informed that over 1,600 households have been provided with water taps further to which all the 2.10 lakh households now have taps.

Under the smart city plan of Chandigarh, 50 kms of cycle tracks have already been laid and work in respect of another 40 kms is in progress at a total cost of Rs.18 cr. Smart parking is being developed at 25 locations to accommodate over 50,000 vehicles. City officials also informed that work on retrofitting of Sector -43 at a cost of Rs.4,500 cr will begin by the end of current financial year. Chandigarhs smart city plan has been approved at a cost of Rs.6,272 cr, the highest of the 90 smart cities so far approved.

Shri Venkaiah Naidu stressed on the importance of quality urban infrastructure in UTs. He said that Delhi being the national capital is the point of convergence of hopes and aspirations of the people o0f the country leading to rising migrant population while Chandigarh, Andaman & Nicobar Islands and other smaller UTs are major tourist destinations.

He urged the Ministry officials to ensure necessary support to and hand holding of smaller UTs to speed up implementation of projects under the newly launched urban missions.

Reacting to the suggestion of taking up sweeping during night time, LG of Delhi Shri Anil Baijal asked municipal bodies to introduce mechanized sweeping during night time in identified areas to start with. He stressed on the need to look at the staffing norms and quality standards to enhance the capacities of municipal bodies in the context of new urban planning and execution approaches being introduced under Smart City Mission and other initiatives.

LG of Andaman & Nicobar Islands Prof. Jagdish Mukhi suggested deployment of Project Management Units to smaller UTs for two years to address constraints in this regard besides strengthening broadband connectivity.

Puducherry Chief Minister Shri V.Narayanasamy referred to the problem of sand availability in the UT and the efforts being made to ensure toilet construction in time. He assured that LED lighting will be completed at the earliest.

Urban Development Minister of Delhi Shri Satyendra Jain stated that the focus in the national capital is on building community and public toilet seats since those who have land built individual household toilets. He suggested changes in Master Plan of Delhi so that government hospitals and other institutions are not required to meet parking norms at par with private entities.

With this review, Shri M.Venkaiah Naidu has completed review of progress of urban missions in 29 States and UTs so far.

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Satin Creditcare advances on fund raising plan
Jul 06,2017

The announcement was made after market hours yesterday, 5 July 2017.

Meanwhile, the S&P BSE Sensex was up 185.01 points or 0.59% at 31,430.57. The S&P BSE Small-Cap index rose 101.68 points or 0.65% at 15,842.28.

On the BSE, 38,000 shares were traded on the counter so far as against the average daily volumes of 29,203 shares in the past one quarter. The stock had hit a high of Rs 306.90 and a low of Rs 295 so far during the day. The stock had hit a record high of Rs 716.70 on 28 July 2016 and a record low of Rs 243.55 on 12 June 2017.

The stock had outperformed the market over the past one month till 5 July 2017, rising 3.48% compared with 0.18% rise in the Sensex. The scrip, however, underperformed the market in past one quarter, sliding 16.7% as against Sensexs 4.40% rise. The scrip also underperformed the market in past one year, declining 41.7% as against Sensexs 15.01% rise.

The small-cap company has equity capital of Rs 39.11 crore. Face value per share is Rs 10.

On consolidated basis, Satin Creditcare Network reported net loss of Rs 43.11 crore in Q4 March 2017, as against net profit of Rs 24.93 crore in Q4 March 2016. Total income declined 78.1% to Rs 175.22 crore in Q4 March 2017 over Q4 March 2016.

Satin Creditcare Network is one of the leading microfinance companies with a strong presence in North India.

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Bannari Amman Spinning Mills to hold board meeting
Jul 06,2017

Bannari Amman Spinning Mills will hold a meeting of the Board of Directors of the Company on 6 July 2017.

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Satin Creditcare Network to hold board meeting
Jul 06,2017

Satin Creditcare Network will hold a meeting of the Board of Directors of the Company on 8 July 2017 Further issuance of Securities on private placement basis, to persons belonging to non promoter category, in compliance with applicable rules and regulations, To decide about the date of Extraordinary General Meeting and other requisite details.

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International Travel House to hold AGM
Jul 06,2017

International Travel House announced that the 36th Annual General Meeting(AGM) of the company on 4 August 2017.

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Tinplate Company of India to hold board meeting
Jul 06,2017

Tinplate Company of India will hold a meeting of the Board of Directors of the Company on 21 July 2017 to inter alia approve and take on record the Audited Financial Results of the Company for the quarter ended 30th June 2017.

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M.D. Inducto Cast to hold board meeting
Jul 06,2017

M.D. Inducto Cast will hold a meeting of the Board of Directors of the Company on 13 July 2017 Postal Ballot, Others

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Zee Entertainment Enterprises to hold board meeting
Jul 06,2017

Zee Entertainment Enterprises will hold a meeting of the Board of Directors of the Company on 24 July 2017 to consider and approve the Un-audited Financial Results of the Company for the 1st Quarter of the Financial Year 2017-18 and three months ended on 30 June, 2017.

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Mawana Sugars to hold board meeting
Jul 06,2017

Mawana Sugars will hold a meeting of the Board of Directors of the Company on 10 July 2017 Others

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Board of Fiberweb (India) approves allotment of equity shares on conversion of warrants
Jul 06,2017

The Board of Fiberweb (India) at its meeting held on 06 July 2017 has approved the allotment of 10 lakh equity shares on conversion of convertible warrants.

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Garib Nawaz Skill Development Centres to be established in 100 districts of the country: Shri Mukhtar Abbas Naqvi
Jul 06,2017

The Minister of State for Minority Affairs (Independent Charge) & Parliamentary Affairs, Shri Mukhtar Abbas Naqvi today said here that Garib Nawaz Skill Development Centres will be established in 100 districts of the country which will effectively ensure employment oriented

Shri Naqvi said that in next six months, Garib Nawaz Skill Development Centres, providing job oriented skill training in various fields, will be established in Hyderabad, Noida, Lucknow, Jaipur, Nagpur, Aurangabad, Bhopal, Indore, Allahabad, Mysore, Chennai, Goa, Gauhati, Kolakata, Patna, Kishanganj, Dehradun, Shahjahanpur, Rampur, Ranchi, Giridih, Mewat, Tijara, Panipat, Delhi, Uddhamsingh Nagar, Amritsar, Chandigarh, Mumbai etc.

The Minister said that to provide quality education to each and every child, Ministry of Minority Affairs will launch a mega education campaign n++Tahrik-e-Taleemn++. The campaign will be launched on 15th October, the birth anniversary of former President of India Dr APJ Abdul Kalam.

About 100 Navoday Vidyalaya type schools will be opened in Minority concentrated areas. The Ministry has established 23 Gurukul type residential schools.

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Board of Elnet Technologies accepts resignation of CFO
Jul 06,2017

The Board of Directors of Elnet Technologies at its meeting held on 06 July 2017 have taken on record the resignation of T K Karthik as CFO.

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