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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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Indias crude oil production rises 0.7% in May 2017
Jun 23,2017

Indias crude oil production rose 0.7% to 3.10 million tonnes (mt) in May 2017 over May 2016. Crude oil output of ONGC increased 2.5% to 1.93 mt, while that of Oil India also improved 6.1% to 0.29 mt. ONGCs offshore output moved up 2.1% to 1.42 mt, while onshore production increased 3.6% to 0.51 mt. However, the crude oil production of private and joint venture (JV) companies dipped 4.5% to 0.88 mt in May 2017.

Crude oil output rose 0.1% to 6.04 mt in April-May period of the fiscal year ending March 2018 (April-May 2017), snapping 2.8% fall recorded in the corresponding period of last year. Output of ONGC rose 2.5% to 3.78 mt, while that of Oil India moved up 5.3% to 0.56 mt. However, the crude oil production of private companies fell 6.5% to 1.70 mt in April-May 2017 over April-May 2016.

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Bharat Heavy Electricals records 14% growth in intellectual capital in FY 2017
Jun 23,2017

Bharat Heavy Electricals has recorded nearly 14% growth in its intellectual capital in FY 2016-17. During the year, a recorded 508 patents and copyrights were filed by the Company. With this, the Companys intellectual capital has gone up to 3915 patents and copyrights filed. During the period, Bhel has invested Rs 794 crore on R&D initiatives, which was 2.75% of its turnover.

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Shriram Transport Finance Company allots NCDs aggregating Rs 50 crore
Jun 23,2017

Shriram Transport Finance Company has allotted 500 Secured Redeemable Rated Listed Non-Convertible Debenture of face value of Rs.10,00,000/- (Rupees Ten Lakh only) each, aggregating to Rs. 50 crore on private placement basis.

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Hind Aluminium Industries announces resignation of director
Jun 23,2017

Hind Aluminium Industries announced that Narayan Das Mundhra, has resigned from the office of Independent Director of the Company due to his pre-occupation.

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Board of Indian Acrylics approves change in directorate
Jun 23,2017

The Board of Indian Acrylics approved the following changes in directorate -

Appointment of Raja Shivdev Inder Singh as Independent Director in place of Prof. Dr B B Tandon with effect from 01 July 2017 for a period of 5 years subject to approval of shareholders.

Nomination of Sanjeev Bajaj in place of Satish Dua.

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Nirav Commercials announces appointment of directors
Jun 23,2017

Nirav Commercials has been appointed Navinchandra Shah and Narayan Das Mundhra as Independent Directors of the Company & they will hold office as Independent Director upto the date of ensuing Annual General Meeting of the Company.

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B & A Packaging India announces resignation of CFO
Jun 23,2017

B & A Packaging India announced that Siddhartha Gupta has resigned from the post of Chief Financial Officer of the Company with effect from 22 June 2017.

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Mahindra & Mahindra Financial Services allots NCDs aggregating Rs 125 crore
Jun 23,2017

Mahindra & Mahindra Financial Services announced that the meeting of the duly authorised Committee was held on 23 June, 2017 approving the allotment of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 10,00,000 each, at par, aggregating to Rs. 125 crore.

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Balkrishna Paper Mills to hold AGM
Jun 23,2017

Balkrishna Paper Mills announced that the 4th Annual General Meeting (AGM) of the company will be held on 19 July 2017.

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Ingersoll-Rand (India) to hold AGM
Jun 23,2017

Ingersoll-Rand (India) announced that the Annual General Meeting (AGM) of the company will be held on 3 August 2017.

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Artson Engineering to hold board meeting
Jun 23,2017

Artson Engineering will hold a meeting of the Board of Directors of the Company on 18 July 2017, to approve the unaudited financial results of the Company for the first quarter ending 30th June, 2017.

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Pact Industries to hold AGM
Jun 23,2017

Pact Industries announced that the 24th Annual General Meeting (AGM) of the company will be held on 18 July 2017.

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Shivalik Rasayan to hold EGM
Jun 23,2017

Shivalik Rasayan announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 17 July 2017 .

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Khaitan Chemicals & Fertilizers to hold AGM
Jun 23,2017

Khaitan Chemicals & Fertilizers announced that the Annual General Meeting (AGM) of the company will be held on 22 August 2017.

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Rajputana Investment & Finance to hold board meeting
Jun 23,2017

Rajputana Investment & Finance will hold a meeting of the Board of Directors of the Company on 24 June 2017, to approve the draft Notice of AGM to be sent to all the Equity Shareholders of the Company, to issue Bonus Equity Shares subject to the approval of Shareholders, & to appoint Statutory Auditors of the Company and to fix their remuneration.

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