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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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Havells India to issue Commercial Paper aggregating Rs 150 cr
Jun 15,2017

Havells India is going to issue Commercial Paper to Yes Bank for an amount of Rs. 150 crore on 20 June 2017.

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Reliance Industries and BP to progress and expand partnership
Jun 15,2017

Reliance Industries and BP have agreed to deepen and expand their partnership to work jointly across a wider range of areas throughout Indias energy sector.

Both companies announced that they will award contracts to progress development of the R-Series deep water gas fields in Block KGD6 off the east coast of India. The project is expected to produce up to 12 million cubic meters of gas a day, coming on stream in 2020.

This is the firs of the three planned projects in Block KGD6 that are expected to be developed in an integrated mannar, producing from about 3 trillon cubic feet of discovered gas resources. RIL and BP plan to submit development plans for the next two projects for Government approval before end of 2017.

Development of the three projects, with total investment of Rs 40000 crore (USD 6 billion), is expected to bring a total 30-35 million cubic meters of gas a day new domestic production onstream, phased over 2020-2022.

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Astrazeneca Pharma India receives Import and Market permission for Asthma drug
Jun 15,2017

Astrazeneca Pharma India has received Import and Market permission in Form 45 (Marketing Authorization) from the Drug Controller General of India for FDC of Budesonide 320 n++g +Formoterol Fumarate Dihydrate 9 n++g inhalation powder.

FDC of Budesonide 320 n++g + Formoterol Fumarate Dihydrate 9 n++g inhalation powder (Symbicortn++ Turbuhalern++ 320/9 n++g) is a product of AstraZeneca global and is indicated in the regular treatment of Asthma where use of combination of inhaled regular corticosteroid & long acting n++-agonist is appropriate and patients with moderate to severe COPD with frequent symptoms and a history of exacerbations

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Outcome of board meeting of Mega Nirman & Industries
Jun 15,2017

The Board of Directors of Mega Nirman & Industries at its meeting held on 15 June 2017 have transacted the following -

Approved the alteration of Articles of Association, for the purpose of giving power to appoint its Managing Director/Whole-time Director or CEO as Chairman of the Board or the Company, by insertion of a new clause.

Discussed to invest in the equity shares of Saibollywood Filmcity India upto 55% of the total equity share capital of that Company, if after doing the due diligence, the same found to be feasible.

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Wipro achieves AWS Service Delivery Status
Jun 15,2017

Wipro announced that it has achieved Amazon Web Services Service Delivery Status for AWS Service Catalog. With this status, Wipros capabilities help clients build the AWS Service Catalog to enable self service discovery, maintain controls and centrally manage their enterprise cloud services.

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Essel Propack to issue commercial papers aggregating Rs 25 crore
Jun 15,2017

Essel Propack is issuing Commercial Papers for Rs 25 crore on private placement basis on 20 June 2017.

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Piramal Enterprises to raise funds aggregating Rs 560 crore
Jun 15,2017

The Administrative Committee of the Board of Directors of the Piramal Enterprises at its meeting held on 15 June 2017 approved the allotment of 5,600 Secured Redeemable Non Convertible Debentures having face value of Rs 10 lakh each, aggregating to Rs 560 crore on private placement basis.

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Board of Prime Customer Services recommends final dividend
Jun 15,2017

Prime Customer Services announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 2%) , subject to the approval of the shareholders.

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Board of Relstruct Buildcon recommends final dividend
Jun 15,2017

Relstruct Buildcon announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 0.05 per equity Share (i.e. 0.5%) , subject to the approval of the shareholders.

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Spice Islands Apparels to hold AGM
Jun 15,2017

Spice Islands Apparels announced that the 29th Annual General Meeting (AGM) of the company will be held on 26 September 2017.

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Board of Inter Globe Finance recommends final dividend
Jun 15,2017

Inter Globe Finance announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Board of Ahmedabad Steelcraft recommends final dividend
Jun 15,2017

Ahmedabad Steelcraft announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Board of Dwitiya Trading recommends final dividend
Jun 15,2017

Dwitiya Trading announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 0.02 per equity Share (i.e. 1%) , subject to the approval of the shareholders.

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Board of BNR Udyog recommends final dividend
Jun 15,2017

BNR Udyog announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 0.7 per equity Share (i.e. 7%) , subject to the approval of the shareholders.

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Board of Arcotech recommends final dividend
Jun 15,2017

Arcotech announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.

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