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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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Larsen & Toubro commissions two large gas based power projects
Apr 07,2017

Larsen & Toubro has commissioned gas turbines in open cycle for two large gas based power projects in Bangladesh in quick succession during March 2017. The projects are being executed by Gas Based Power Projects business unit of L&T Power based in Baroda.

The first 150 megawatts (MW) gas turbine for Bangladesh Power Development Board (BPDB)s 225 MW combined cycle (dual fuel) power plant at Sikalbaha in Chittagong district was synchronised with the national grid on 25 March 2017.

The second 280 MW gas turbine for North West Power Generation Co (NWPGCL) combined cycle power plant of 360 MW capacity development project at Bheramara in Kushtia district was synchronised with the grid on 31 March 2017.

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Healthcare Global Enterprises gets upgradation in credit ratings
Apr 07,2017

Healthcare Global Enterprises announced that ICRA has upgraded the long term rating to ICRA A- from ICRA BBB+. The outlook of the long term rating has also been revised from positive to stable.

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Shares of Poddar Housing & Development get listed on NSE
Apr 07,2017

Poddar Housing & Development announced that the shares of the Company shall be listed and admitted to dealings on the National Stock Exchange with effect from 10 April 2017.

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Cadila Healthcare intimates successful completion of inspection of Changodar facility
Apr 07,2017

Cadila Healthcare announced that USFDA inspected its Topical manufacturing facility at Changodar, near Ahmedabad, from 03 April to 07 April 2017. At the end of the inspection, no observation (483) is issued. The Company has filed 17 products with the USFDA from this manufacturing facility.

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Sacheta Metals receives order from UAE
Apr 07,2017

Sacheta Metals has received an overseas order for 42.66 crore from UAE buyer.

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Power Grid Corporation of India announces resignation of director
Apr 07,2017

Power Grid Corporation of India announced that Jyotika Kalra has resigned as Independent Director on 06 April 2017 on her appointment as Member of the National Human Rights Commission.

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GTN Industries intimates of disruption of operations at Nagpur spinning unit
Apr 07,2017

GTN Industries announced that operations at its Nagpur spinning unit have been disrupted due to illegal strike by some workers.

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Sir Shadi Lal Enterprises announces change in CFO
Apr 07,2017

Sir Shadi Lal Enterprises announced that P K Goyal has ceased to be Chief Financial Officer of the Company due to his resignation, effective from dated 31 March, 2017. Further, Rajendra Khanna, has assumed his charge as Chief Financial Officer of the Company.

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Deccan Gold Mines allots 949,700 equity shares
Apr 07,2017

Deccan Gold Mines has allotted 949,700 fully paid equity shares of Re.1/- each on conversion of employee stock options under Deccan Gold Mines Limited Employee Stock Option Scheme, 2014 (& amended 2016). Consequent to the above allotment, the paid-up equity share capital of the Company has increased from Rs.90,677,375/- consisting of 90,677,375 equity shares of Re.1/- each to Rs. 91,62,7075/- consisting of 91,627,075 equity shares of Re.1/- each

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Kabra Drugs announces resignation of director
Apr 07,2017

Kabra Drugs announced that Rajendra Bordia, Independent Director of the Company has resigned from the Board with effect from 07 April, 2017.

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Board of Larsen & Toubro approves change in directorate
Apr 07,2017

The Board of Directors of Larsen & Toubro at its meeting held on 07 April 2017 has appointed A M Naik as Non Executive Chairman with effect from 01 October 2017 for a period of three years. His current term as Group Executive Chairman ends on 30 September 2017.

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Strides Shasun provides update on acquisition of Perrigos USFDA approved facility
Apr 07,2017

Strides Shasun announced that it has completed the acquisition of Perrigos US FDA approved API facility in India.

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Board of Larsen & Toubro appoints CEO and MD
Apr 07,2017

The Board of Directors of Larsen & Toubro at its meeting held on 07 April 2017 has appointed S N Subramanyan as CEO and Managing Director with effect from 01 July 2017.

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AAR Commercial Company appoints director
Apr 07,2017

AAR Commercial Company announced that Anupam Khetan is appointed as a Whole-time Director of the Company pursuant to Section 196 of Companies Act 2013, with effect from 21 March 2017 and his appointment has been accepted and noted by the board of directors.

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IndusInd Bank inaugurates its first branch in Gaya
Apr 07,2017

IndusInd Bank recently inaugurated its first branch in Gaya. The new branch is located at Nandan Niketan, Nagmatia Road, Gaya. With the inauguration of this branch, the Bank now has 18 branches in the state of Bihar.

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