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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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Australia Stocks edge higher on Wednesday
Mar 15,2017

Australian equity market finished marginal higher after recouping early losses late afternoon on Wednesday, 15 March 2017, thanks to gains in the material and resources stocks. At the close, the S&P/ASX 200 index ended the session up 0.3%, or 14.86 points, at 5,774. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 543 to 524 and 341 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.36% to 9.620.

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Rupee marches ahead
Mar 15,2017

Rupee closed higher at 65.67/69 per dollar on Wednesday (15 March 2017), versus its previous close of 66.95/9550 per dollar.

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Keerthi Industries to hold board meeting
Mar 15,2017

Keerthi Industries will hold a meeting of the Board of Directors of the Company on 25 March 2017, to approve following business: i.review the performance of non-independent directors and the Board as a whole. ii.review the performance of the Chairperson of the company. iii.assess the quality, quantity and timeliness of flow of information between the company management and the Board. iv.Other matter as per the agenda of the meeting.

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Indiabulls Ventures to hold board meeting
Mar 15,2017

Indiabulls Ventures will hold a meeting of the Board of Directors of the Company on 17 March 2017.

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MphasiS fixes buyback price and record date for buyback of shares
Mar 15,2017

MphasiS announced that the Buyback Committee of the Company at its meeting held on 14 March 2017 approved the following -

Rs 635 per equity share, as the price for buyback of equity shares of the Company.

31 March 2017 as Record date for buyback of equity shares.

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Board of Bajaj Auto approves change in directorate
Mar 15,2017

Bajaj Auto announced that the Board of Directors of the Company at its meeting held on 15 March 2017 approved the following changes in the directorate -

Change in status of Madhur Bajaj from Whole Time Director to Non Executive Director.

Board has accepted the resignation of Kantikumar Podar as Director of the Company with effect from 15 March 2017.

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MoU signed between FTII and Canon to promote short courses in Film & Television
Mar 15,2017

Minister of State for Information & Broadcasting, Col. Rajyavardhan Rathore has said that Technology has played a critical role in defining the contours of professional photography and art of film making. The exposure of budding young talent to the nuances of technology has a positive impact on their learning curve. This initiative would ensure the perfect blend of technology and young talent through the platform of FTII. The Minister stated this on the occasion of signing of an MoU between Film and Television Institute of India, Pune and Canon India.

The MoU between Film and Television Institute of India, Pune and Canon India Private Limited would promote film education through short-term courses across several towns and cities in the country. Under FTIIs unique initiative SKIFT (Skilling India in Film and Television) several short courses, mostly of skill-oriented nature have been proposed to be held in collaboration with State Governments, Universities and Educational institutions.

FTII Pune, one of Asias leading and Indias foremost institute in film and television education has been preparing to break new grounds by pushing to democratise cinematic education by offering quality and affordable training to general public and practitioners alike at locations where there is a demand for such courses. FTII is also in the process of aligning some of the short courses with Pradhan Mantri Kaushal Vikas Yojana (PMKVY) under National Skill Development Council.

While speaking on the occasion Mr. Kazutada Kobayashi said that Film & Television Institute of India (FTII) was one of the most reputed institution across the world and Canon was proud to announce the partnership for SKIFT which has been designed to spread the art of cinematography and film making, across the length and breadth of the country. As a technology partner for this initiative, Canon India was delighted to add value to the program endeavored to scale skill development in film and television to greater heights.

Canon, an international brand in digital imaging, as Technology Partner of SKIFT would be providing high-end cameras and accessories free of cost for the courses. This support would be a major contributing factor in keeping the course fees affordable while offering an opportunity to course participants to use cutting-edge equipment.

The courses are proposed to be held in non-metros such as Guwahati, Jaipur, Vishakhapatnam, Raipur, Chandigarh, Raipur, Bhopal, Leh and Andaman & Nicobar Islands to begin with. Initially SKIFT would conduct courses such as Digital Cinematography, Documentary Film Making, Screenplay Writing, Acting, Film Criticism & Journalism and Film Appreciation.

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Board of eClerx Services approves appointment of director
Mar 15,2017

eClerx Services announced that the Board of Directors of the Company at its meeting held on 15 March 2017 approved the appointment of Shailesh Kekre as an Additional Director of the Company, with effect from 15 March 2017, who joins the Board as a Non Executive Independent Director.

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Board of Beardsell approves stock split and bonus issue
Mar 15,2017

Beardsell announced that the Board of Directors at its meeting held on 15 March 2017 has approved the following -

Sub-division of equity shares of Rs 10 each into five equity shares of Rs 2 each and consequent amendment of MoA and AoA of the Company.

Issue of bonus shares in the ratio of 1:5 (Post stock split), subject to approval of shareholders.

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Board of Jhaveri Credits & Capital appoints company secretary
Mar 15,2017

Jhaveri Credits & Capital announced that the Board of Directors in their meeting held on 15 March 2017 has appointed Agnivesh M. Sathe as Company Secretary (key managerial personnel) and Compliance officer of the Company with effect from 15 March 2017.

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Container Corporation Of India fixes record date for bonus issue
Mar 15,2017

Container Corporation Of India has fixed 06 April 2017 as record date for issuance of bonus shares in the ratio of 1:4.

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UCO Bank announces new insurance tie-up
Mar 15,2017

UCO Bank signed corporate agency tie up agreements with Future General India Insurance Company and Liberty Videocon General Insurance Company, General Insurance Companies, for distribution of General Insurance Products at its branches all over the country for Bancassurance Business. These companies will be partners, in addition to the existing partner of the Bank for General Insurance business, Reliance General Insurance Co.

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Shivkrupa Machineries & Engineering Services allots 88,49,500 equity shares
Mar 15,2017

Shivkrupa Machineries & Engineering Services has allotted 88,49,500 Equity Shares comprising of 75,06,465 Equity Shares for consideration other than cash and 13,43,035 Equity shares for cash at face value of Rs. 10/- per Equity share at a price of Rs 37.40/- per Equity Share (Rs 27.40/- being the premium) to the proposed allottees who are Non Promoters.

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Godrej Properties announces new residential housing project
Mar 15,2017

Godrej Properties announced that it will develop a 7.5 acre land parcel in Bellary road (NH-7) in North Bangalore. Godrej Properties plans to develop a residential housing project of approximately 75000 square metres (800000 square feet).

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Godrej Properties announces new residential housing project
Mar 15,2017

Godrej Properties announced that it will develop a 7.5 acre land parcel in Bellary road (NH-7) in North Bangalore. Godrej Properties plans to develop a residential housing project of approximately 75000 square metres (800000 square feet).

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