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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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Sumuka Agro Industries reports standalone net loss of Rs 0.04 crore in the September 2016 quarter
Oct 10,2016

Net loss of Sumuka Agro Industries reported to Rs 0.04 crore in the quarter ended September 2016 as against net profit of Rs 0.01 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 as against Rs 0.04 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales00.04 -100 OPM %025.00 - PBDT-0.040.01 PL PBT-0.040.01 PL NP-0.040.01 PL

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GAIL (India) provides update on Jagdishpur-Haldia-Bokaro-Dhamra Natural Gas Pipeline
Oct 10,2016

GAIL (India) has initiated a major step towards the construction of the Jagdishpur-Haldia-Bokaro-Dhamra Natural Gas Pipeline (JHBDPL) by approving placement orders for pipeline laying work of 345 km from Phulpur to Dobhi under Phase IB at an estimated cost of Rs 306 crore under two sections to be executed simultaneously by JSIW Infrastructure and IL&FS Engineering & Construction. Laying works under phase-IB shall commence by the end of October 2016 and targeted to be completed by December 2018.

The line pipe supplies against orders are expected to commence soon from Jindal Saw, Man Industries (India), Essar Steel and Zhongyou BSS (Qinhuandao) Petro Pipe Co., China.

In a historical development, Cabinet Committee on Economic Affairs approved capital grant of 40%, amounting to Rs 5176 crore over 5 years, for the pipeline project, to be implemented by GAIL at an estimated capital outlay of Rs 12940 crore. It is the first time that Central Government has approved capital grant for a Natural Gas pipeline project.

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Texmo Pipes & Products gets upgradation in credit ratings
Oct 10,2016

Texmo Pipes & Products announced that the Rating Agency, Brickwork Ratings India has upgraded rating of Texmo Pipes and Products to BWR BBB from BWR BBB- (Triple B from Triple B minus) for Fund based facilities.

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Dr Reddys Laboratories launches Lamotrigine Orally Disintegrating Tablets
Oct 10,2016

Dr Reddys Laboratories announced that it has launched Lamotrigine Orally Disintegrating Tablets in 25 mg, 50 mg, 100 mg and 200 mg, a therapeutic equivalent of generic version of Lamictal ODT (lamotrigine) Orally Disintegrating Tablets in the United States market approved by the USFDA.

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Gaurav Mercantiles announces resignation of director
Oct 10,2016

Gaurav Mercantiles has received a resignation letter from Dilip Trilokchand Bohra, whole time Director of the Company, on 10 October 2016, wherein his resignation is accepted by the Board of the Company with effect from 10 October 2016.

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Trans Medicare gets extension to hold AGM
Oct 10,2016

Trans Medicare announced that the Company has obtained extension of time for a period of 3 months for holding the 27th Annual General Meeting of the Company. The Company enclosing hereto a copy of the letter dated 07 October 2016 received from the Registrar of Companies, Andhra Pradesh and Telangana.

Hence, the 27th Annual General Meeting of the Company would be convened on or before 31 December 2016.

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ACC provides update on new cement grinding unit in Jamul
Oct 10,2016

ACC announced that operations of the new cement grinding unit in Jamul which went into commercial production from 14 September 2016 have successfully stabilised. Meanwhile, the cement grinding unit at Sandri in Jharkhand, also forming part of the Companys new Jamul Project, is expected to go on stream in November 2016.

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Shri Gang Industries & Allied Products appoints company secretary and compliance officer
Oct 10,2016

Shri Gang Industries & Allied Products announced that Shefali Sharma is been appointed as Company Secretary and Compliance Officer of the company with effect from 03 October 2016 pursuant to Section 203 of the Companies Act, 2013 and Regulation 6(1) of the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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G V Films gets extension to hold AGM
Oct 10,2016

G V Films announced that vide its letter dated 23 September 2016 has informed BSE that the time for holding Annual General Meeting of the Company for the year 2016 has been extended up to 31 December 2016 by the ROC, Mumbai vide approval letter dated 21 September 2016.

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Launch of Enhanced Foreign Trade Data Dashboard
Oct 10,2016

As part of the initiative of the Ministry of Commerce & Industry to provide easy access to the public with regard to Indias export, import and balance of trade data in an analytical format, over time and space, Commerce & Industry Minister Smt. Nirmala Sitharaman today launched a new enhanced Dashboard on Foreign Trade Data. Speaking on the occasion she said technology will be used for transparent decision making and reaching out to people using real time data. The Minister said this Dashboard is an improved version of the earlier EXIM Analytics Dashboard developed with many added features. It is more user friendly and would facilitate the general public to have an accurate picture on dynamics of foreign trade performance of India.

The new Dashboard gives a graphical collection of exports, imports and balance of trade of India; e.g., the Export turnover of the country - how it performs over time and space? What are the export destinations? What items are being exported? Which are the ports - inland, sea or airports from which the exports are taking place? The new interface is broadly divided into Exports, Imports and Balance of Trade views. Each of these views provide the user with features to inspect the trade that happens between India and a particular country, zoom into the activities of a particular port and reflect trade pattern over any months of the users choice.

The Import view gives a sharp perspective of how Indias imports have changed compared to the previous year. The user may also observe how the import value has fared across the months of that year. The Top Commodities and Ports section details the top 5 commodities and ports, in addition to the ones at the lower end. The clickable world map reflects the performance of India in imports to rest of the world. The darker the country shade, the higher the import from it. The flow diagram to the right of the world map will visualise what percentage of the top commodities have been imported from the various ports (thickness of the line reflects the magnitude).

If users are curious to see how their selected choices were to behave in the Exports area, they merely need to click on the Export view on the top navigation bar. Similarly, when users switch to the Balance of Trade view, they can see a world map detailing countries with positive/negative balance of trade with India. Countries can be sorted by Import value and the corresponding value of Export trade. Visual comparison of import-export trade values over the years is also available. Touching a monthly value in Trade Performance would highlight corresponding value in the Balance of Trade performance chart as well, making it easy to understand Indias position on Balance of Trade (BoT) in that month compared to the previous months.

Digitization of the government records and data analytics is also crucial for fast and effective evidence based planning and policy evaluation. This has an important role to play in effective and transparent governance. The Dashboard would provide an enabling environment to importers and exporters to identify and access global trade opportunities based on reliable and updated information, directly accessible to the public through Government sources.

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Ayepee Lamitubes to hold board meeting
Oct 10,2016

Ayepee Lamitubes will hold a meeting of the Board of Directors of the Company on 15 November 2016 to consider and approve unaudited financial result of the Company for the quarter ended on September 30, 2016.

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Modern Shares & Stockbrokers to hold board meeting
Oct 10,2016

Modern Shares & Stockbrokers will hold a meeting of the Board of Directors of the Company on 27 October 2016 to consider and take on record the estimated (provisional) un-audited results for the 2nd Quarter and half year ended September 30, 2016.

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Sunraj Diamond Exports to hold board meeting
Oct 10,2016

Sunraj Diamond Exports will hold a meeting of the Board of Directors of the Company on 14 November 2016 to consider and approve the Un-audited Financial Results of the Company forthe quarter ended September 30, 2016.

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FPIs buying vigour ebbs
Oct 10,2016

Foreign portfolio investors (FPIs) bought stocks worth a net Rs 68.78 crore from the secondary equity markets on 7 October 2016, compared with their net buying of Rs 379.92 crore during the preceding trading session on 6 October 2016. The net inflow of Rs 68.78 crore on 7 October 2016 was a result of gross purchases of Rs 3305.14 crore and gross sales of Rs 3236.36 crore. On that day, the Sensex had fallen 45.07 points or 0.16% to settle at 28,061.14, its lowest closing level since 30 September 2016.

There was an outflow of Rs 3.78 crore from the category primary markets & others on 7 October 2016.

FPIs have purchased stocks worth a net Rs 190.48 crore from the secondary equity markets in this month so far (till 7 October 2016). FPIs bought shares worth a net Rs 7217.88 crore from the secondary equity markets last month. FPIs have purchased shares worth a net Rs 46619.75 crore from the secondary equity markets in calendar year 2016 so far (till 7 October 2016). FPIs sold shares worth a net Rs 4863.71 crore into the secondary equity markets in calendar year 2015.

There has been a net inflow of Rs 1319.39 crore from FPIs into the category primary markets & others in this month so far (till 7 October 2016). There was a net inflow of Rs 3225.37 crore from FPIs into the category primary markets & others last month. The net inflow from FPIs into category primary markets & others has totaled Rs 6183.10 crore in calendar year 2016 so far (till 7 October 2016). There was net inflow of Rs 22168.40 crore from FPIs into the category primary markets & others in calendar year 2015.

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Shree Steel Wire Ropes to hold board meeting
Oct 10,2016

Shree Steel Wire Ropes will hold a meeting of the Board of Directors of the Company on 29 October 2016 for considering the un-audited financial results for the quarter ended September 30, 2016

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