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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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Zensar Technologies announces demise of director
Mar 14,2017

Zensar Technologies announced the sad demise of Pradipta Kumar Mohapatra, Independent Director on 13 March 2017.

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Denis Chem Lab allots 13,50,000 Equity Shares
Mar 14,2017

Denis Chem Lab announced that Charandeep Singh has been allotted 13,50,000 Equity Shares of Rs.10/- each on 14 March 2017 upon exercise of right of conversion of 13,50,000 Equity Warrants of Rs.10/- each into Equity Shares on Preferential Basis

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Edelweiss Financial Services allots 3,56,075 equity shares
Mar 14,2017

Edelweiss Financial Services has allotted 3,56,075 Equity Shares of the face value of Re. 1/- each under Edelweiss Employee Stock Option Scheme(s) of the Company.

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Rupa & Companys subsidiary enters into license agreement with Fruit of the Loom Inc.
Mar 14,2017

Oban Fashions, a Wholly-Owned Subsidiary of Rupa & Company, has, on 09 March 2017, entered into a License Agreement with Fruit of the Loom, INC., a New York Corporation, a Wholly-Owned Subsidiary of Berkshire Hathaway Company, whereby the said Wholly-Owned Subsidiary of Rupa & Company has acquired the exclusive license from the said Fruit of the Loom, INC., to manufacture, distribute, advertise and sell innerwear and outerwear products for men, boys, women, girls and toddler in India, under their brand names and marks.

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Monarch Networth Capital incorporates new subsidiary - Monarch Networth Capital IFSC
Mar 14,2017

Monarch Networth Capital has incorporated a new subsidiary company with the name: Monarch Networth Capital IFSC through the certificate of incorporation received from the Registrar of Companies dated 14 March 2017.

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Pennar Engineered Building Systems to hold board meeting
Mar 14,2017

Pennar Engineered Building Systems will hold a meeting of the Board of Directors of the Company on 20 March 2017.

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Pennar Industries to hold board meeting
Mar 14,2017

Pennar Industries will hold a meeting of the Board of Directors of the Company on 20 March 2017.

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FCS Software Solutions to hold board meeting
Mar 14,2017

FCS Software Solutions will hold a meeting of the Board of Directors of the Company on 16 March 2017, to consider and approve the performance evaluation policy of the company.

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Monotype India to hold board meeting
Mar 14,2017

Monotype India will hold a meeting of the Board of Directors of the Company on 24 March 2017.

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NLC India to hold board meeting
Mar 14,2017

NLC India will hold a meeting of the Board of Directors of the Company on 20 March 2017, to consider declaration of interim dividend, if any, for the financial year 2016 -17.

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Upper Ganges Sugar & Industries fixes record date for scheme of arrangement
Mar 14,2017

Upper Ganges Sugar & Industries has proposed to fix 25 March 2017 as the Record Date (subject to confirmation of your good office) for the purpose of ascertaining the eligibility of the Equity (listed) and Preference (unlisted) shareholders, who shall be entitled to the respective shares issued by the transferee companies pursuant to the Composite Scheme of Arrangement between Upper Ganges Sugar & Industries, The Oudh Sugar Mills, Palash Securities, Allahabad Canning, Ganges Securities, Cinnatolliah Tea, Vaishali Sugar & Energy, Magadh Sugar & Energy and Avadh Sugar & Energy and their respective Shareholders and Creditors(the Scheme).

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Oudh Sugar Mills fixes record date for scheme of arrangement
Mar 14,2017

Oudh Sugar Mills has proposed to fix 25 March 2017 as the Record Date (subject to confirmation of your good office) for the purpose of ascertaining the eligibility of the Equity (listed) and Preference (unlisted) shareholders, who shall be entitled to the respective shares issued by the transferee companies pursuant to the Composite Scheme of Arrangement between Upper Ganges Sugar & Industries, The Oudh Sugar Mills, Palash Securities, Allahabad Canning, Ganges Securities, Cinnatolliah Tea, Vaishali Sugar & Energy, Magadh Sugar & Energy and Avadh Sugar & Energy and their respective Shareholders and Creditors(the Scheme).

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Footwear Design and Development Institute (FDDI) Bill, 2017 introduced
Mar 14,2017

Commerce & Industry Minister Smt. Nirmala Sitharaman introduced the Footwear Design and Development Institute (FDDI) Bill, 2017 in the Lok Sabha on 14th March, 2017 to declare the FDDI as an Institution of National Importance (INI).

The objective of the proposed legislation is to facilitate and promote teaching, training and research in all disciplines relating to design and development of Footwear and leather products and to enable FDDI to emerge as Centre of Excellence meeting international standards.

The Footwear Design & Development Institute was established in 1986 with the objective of providing trained human resource and assistance to the sector. FDDI has pan-India presence with campuses at Noida, Kolkata, Chennai, Fursatganj (UP), Rohtak (Haryana), Chhindwara (M.P) and Jodhpur (Rajasthan) equipped with state of art academic facilities and infrastructure. New campuses at Hyderabad, Patna, Ankleshwar (Gujarat), Banur(Punjab) and Guna (M.P) would also start functioning shortly.

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Board of Steel City Securities recommends dividend
Mar 14,2017

Steel City Securities announced that the Board of Directors of the Company at its meeting held on 10 March 2017, inter alia, have recommended the dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Rupee rises sharply
Mar 14,2017

Rupee closed sharply higher at 66.95/9550 per dollar on Tuesday (14 March 2017), versus its previous close of 66.9275/9300 per dollar.

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