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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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Saraswati Commercial (India) to hold board meeting
Oct 28,2016

Saraswati Commercial (India) will hold a meeting of the Board of Directors of the Company on 7 November 2016 to consider and approve the Unaudited Financial Results for the quarter and half year ended on September 30, 2016.

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Raghuvir Synthetics to hold board meeting
Oct 28,2016

Raghuvir Synthetics will hold a meeting of the Board of Directors of the Company on 11 November 2016 To consider and take on record the Un-audited Financial Results of the Company for the quarter and half year ended September 30, 2016.

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Moryo Industries to hold board meeting
Oct 28,2016

Moryo Industries will hold a meeting of the Board of Directors of the Company on 9 November 2016 Quarterly Results

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Orchid Pharma to hold board meeting
Oct 28,2016

Orchid Pharma will hold a meeting of the Board of Directors of the Company on 9 November 2016 to approve the unaudited financial results of the Company for the period from July 01, 2016 to September 30, 2016.

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Integra Switchgear to hold board meeting
Oct 28,2016

Integra Switchgear will hold a meeting of the Board of Directors of the Company on 10 November 2016 to consider un-audited financial result (Provisional) for the quarter ended on September 30, 2016.

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India Cements Capital to hold board meeting
Oct 28,2016

India Cements Capital will hold a meeting of the Board of Directors of the Company on 7 November 2016 to consider and approve unaudited financial results (subjected to a limited review by the statutory auditors of the Company) for the quarter and half-year ended September 30, 2016.

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Bhagawati Oxygen to hold board meeting
Oct 28,2016

Bhagawati Oxygen will hold a meeting of the Board of Directors of the Company on 10 November 2016 to consider and approve the unaudited Financial Results of the Company for the second quarter ended September 30, 2016 along with Limited Review Report thereon to be submitted by the Auditors of the Company.

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Ishita Drugs & Industries to hold board meeting
Oct 28,2016

Ishita Drugs & Industries will hold a meeting of the Board of Directors of the Company on 12 November 2016 to consider the Unaudited Financial Results of the Company for the quarter ended Sept 30, 2016.

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Bhansali Engineering Polymers to hold board meeting
Oct 28,2016

Bhansali Engineering Polymers will hold a meeting of the Board of Directors of the Company on 10 November 2016 to consider the Un- Audited Financial Results (UFR) of Company for the quarter ended on September 30, 2016.

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Ashapura Minechem to hold board meeting
Oct 28,2016

Ashapura Minechem will hold a meeting of the Board of Directors of the Company on 10 November 2016 to consider and to take on record the unaudited financial results (provisional) for the second quarter/ half-year ended September 30, 2016.

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Asahi India Glass to hold board meeting
Oct 28,2016

Asahi India Glass will hold a meeting of the Board of Directors of the Company on 7 November 2016 to consider, approve and take on record the Unaudited Financial Results of the Company for the second quarter and half year ended September 30, 2016.

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Eveready Industries India to hold board meeting
Oct 28,2016

Eveready Industries India will hold a meeting of the Board of Directors of the Company on 9 November 2016 to consider the Unaudited Financial Results for the quarter and half year ended September 30, 2016.

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TIL to hold board meeting
Oct 28,2016

TIL will hold a meeting of the Board of Directors of the Company on 7 November 2016 to consider and approve the Unaudited Financial Results of the Company for the Second Quarter and six months period ended on September 30, 2016, subject to Limited Review by the Statutory Auditors.

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IST to hold board meeting
Oct 28,2016

IST will hold a meeting of the Board of Directors of the Company on 14 November 2016 to consider, approve and take on record the Unaudited Financial Results of the Company for quarter and half year ended September 30, 2016.

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GSTN signs MoU with DGFT for sharing of foreign exchange realisation data
Oct 28,2016

The Goods and Services Network (GSTN) has signed a Memorandum of Understanding (MoU) with Director General of Foreign Trade (DGFT) for sharing of foreign exchange realisation and Import Export code data, a move that is expected to strengthen processing of export transactions of taxpayers under GST, increase transparency and reduce human interface.

The Memorandum of Understanding was signed by Shri Ajay K Bhalla, Director General of Foreign Trade and Shri Prakash Kumar, CEO, GSTN on 27 October 16. An electronic bank realisation certificate (eBRC) captures transaction level details of foreign exchange realised in India. The eBRC project implemented by DGFT created an integrated platform for receipt, processing and subsequent use of all Bank Realization related information by exporters, banks, central and state government departments. The e-BRC project enabled banks to upload foreign exchange realisation information related to exports on to the DGFT server under a secured protocol.

So far 100 banks operating in India, including foreign banks and cooperative banks have uploaded more than 1.9 Crore e-BRCs on to the DGFT server.

Sharing of data

1. eBRC data has proved to be a significant step in reducing the transaction cost of exporters. A Bank Realisation Certificate (BRC) is required for discharge of export obligation and claiming of incentives under Foreign Trade Policy. Its is also used by state government departments for refund of VAT. In addition, it is an important economic indicator as it quantifies transaction level export earnings.

2. DGFT has signed MOUs with 14 state governments and 2 central government agencies for sharing of the data.

3. At the state level, Commercial Tax Departments of 14 states have signed MoU with DGFT for receiving e-BRC data for VAT refund purposes. These are: (i) Maharashtra, (ii) Delhi, (iii) Andhra Pradesh,(iv) Odisha, (v) Chhattisgarh, (vi) Haryana, (vii) Tamil Nadu, (viii) Karnataka, (ix) Gujarat, (x) Uttar Pradesh, (xi) Madhya Pradesh, (xii) Kerala, (xiii) Goa, (xiv) Bihar.

In addition, Ministry of Finance, Enforcement Directorate and Agricultural & Processed Food Products Export Development Authority have signed MoU with DGFT for receiving e-BRC data.

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