My Application Form Status

Check the status of your application form with Angel Broking.
  • Companies
  • Everything else
Search
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

Powered by Capital Market - Live News

Board of Lokesh Machines approves conversion of warrants
Sep 21,2016

Lokesh Machines announced that the meeting of the Board of Directors of the Company in their meeting held on 20 September 2016, have considered and approved the following:

- Conversion of 7,70,344 Warrants to Equity Shares.

Powered by Capital Market - Live News

Dwarikesh Sugar Industries opens QIP issue
Sep 21,2016

Dwarikesh Sugar Industries announced that in respect of the Qualified Institutions Placement, the Securities Issue Committee of the Board of Directors at its meeting held on 20 September 2016, inter alia, has passed a resolution declaring the opening of the Qualified Institutions Placement on 20 September 2016.

The Qualified Institutions Placement was approved by the Board of Directors of the Company on 24 May 2016.

Powered by Capital Market - Live News

Board of Neha International approves change in company secretary & compliance officer
Sep 21,2016

Neha International announced that the Board of Directors of the Company at its meeting held on 20 September 2016 accepted the resignation of Manoj Sali from the post of Company Secretary and Compliance Officer with effect from 20 September 2016. The Board has appointed Matru Prasad Mishra as Whole Time Company Secretary and Compliance Officer with effect from 20 September 2016.

Powered by Capital Market - Live News

EESL Raises Domestic Bonds to Fund Energy Efficiency Projects in India
Sep 21,2016

Energy Efficiency Services (EESL) has made its maiden issuance of bonds in the domestic market to fund energy efficiency projects in India. Domestic bonds worth Rs. 500 crore were issued to investors on private placement basis at a coupon rate of 8.07% per annum. These bonds have been rated AA by ICRA and CARE. The maturity of the bonds range from 3.5 to 7 years on STRPP basis. Meanwhile, Trust Investment Advisors is the sole arranger of the issue.

The bonds are proposed to be listed in WDM segment of the Bombay Stock Exchange. The issuance has been fully subscribed showcasing the faith investors have in the energy efficiency business of the company.

The access to Indian bond markets will be a key milestone for EESL to channelize more investments in the energy efficiency market. For FY 2016-17, the capex requirement of EESL is Rs.3500 crore. Aiding this requirement, these corporate bonds will be the first of many tranches.

EESL is also planning to introduce Green Masala Bonds worth USD 100mn (approx. Rs.700 crore) in November. The company has also tied up funding from multi-lateral agencies like KFW, AFD and ADB for funding its energy efficient projects.

Saurabh Kumar, Managing Director, EESL said, n++Our requirements from the markets is quite high; however, we are confident of a great response from investors looking at our unique model.n++

Energy Efficiency Services (EESL), a JV of NTPC, Power Grid Corporation of India (PGCIL), Power Finance Corporation (PFC) and Rural Electrification Corporation (REC), under the administration of Ministry of Power, Government of India, is working towards mainstreaming energy efficiency and is responsible for the worlds largest energy efficiency portfolio (worth 13 BLN USD over a period of 4 years).

EESL aims to unlock the energy efficiency (EE) and demand side management (DSM) market valued at Rs. 1.5 Lakh crore, and implement large-scale EE projects. It seeks to create market access, particularly in the public facilities (municipalities, buildings, agriculture, industry etc.), implement innovative business models, handhold private sector Energy Service Companies (ESCOs) in an effort to ensure replication.

For the year ended March 31, 2016, the company reported total revenue of Rs.715.65 crore and profit before tax (PBT) of Rs 48.12 crore compared to total revenue of Rs.71.10 crore and a PBT ofRs.13.57 crore in the previous year.

EESL has implemented energy efficiency programs in domestic and street lighting, buildings, agriculture, etc., at a scale, which no organization has been able to achieve. The growth of the company during FY 2015-16 has been 10 times in terms of turnover as compared to FY 2014-15. The growth is built on careful design of projects in consultation with stakeholders, robust business models, structured strategy of market aggregation, transparency in operations, addressing barriers for different programs and a professional team of 450+ dedicated officers. With strong linkages to national policies such as NMEEE, UDAY, 24X7 Power for All, EESL seeks to create market access for energy efficiency, particularly for domestic consumers and public facilities like municipalities, buildings, agriculture, industry, etc.

Powered by Capital Market - Live News

Wipro gains after entering into global partnership with Witbe
Sep 21,2016

The announcement was made after market hours yesterday, 20 September 2016.

Meanwhile, the BSE Sensex was up 38.03 points or 0.13% at 28,561.23.

On BSE, so far 4,904 shares were traded in the counter, compared with average daily volume of 3.84 lakh shares in the past one quarter. The stock hit a high of Rs 484.50 and a low of Rs 480.55 so far during the day. The stock hit a 52-week high of Rs 613 on 1 October 2015. The stock hit a 52-week low of Rs 470.25 on 8 September 2016. The stock had underperformed the market over the past one month till 20 September 2016, sliding 7.76% compared with 1.59% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 13.78% as against Sensexs 6.16% rise.

The large-cap company has equity capital of Rs 486.16 crore. Face value per share is Rs 2.

Wipro and Witbe, a leading innovator in the field of test automation and services quality of experience (QoE) monitoring robots for broadband, voice and TV triple-play monitoring have entered into a global partnership. The partnership is of strategic importance to Wipro, and will offer integrated test automation and video services monitoring solutions for customer deployments across set top box, mobile platforms and other handheld devices. These solutions will benefit new and existing customers of Wipro and Witbe including semiconductor players, original equipment manufacturers (OEMs), original design manufacturers (ODMs) and service providers in the media industry.

Witbes expertise in test and monitoring technologies coupled with Wipros extensive experience in engineering and R&D services will provide an integrated one-stop solution for unified test automation, services monitoring and automation deployment to customers.

In a separate announcement after market hours yesterday, 20 September 2016, Wipro said that it has joined Oracles newly announced Oracle Cloud Managed Service Provider (MSP) Program. Wipro is a Diamond level member of Oracle PartnerNetwork (OPN) and has an OPN Cloud Select designation. The Wipro Boundaryless Data Center (BLDC) offering is based on an innovative IT transformational approach that enables enterprise ITaaS (IT as a Service) through a universal marketplace. BLDC is integrated with Oracle IaaS (Infrastructure as a Service) and PaaS (Platform as a Service) services, and provides a unified platform to drive hybrid IT journey for enterprises by enabling dynamic sourcing, automated provisioning, monitoring and management. In collaboration with Oracle, Wipro will build standard reference architectures, workload blueprints and continuous deployment solutions for accelerated cloud transformation.

Available to partners who have demonstrated the skills and infrastructure to build, deploy, run and manage both Oracle and non-Oracle workloads, the Oracle Cloud Managed Service Provider (MSP) Program, enables OPN members to offer a complete managed service solution for workloads running on Oracle Platform as a Service and Infrastructure as a Service. Based on the unique needs of their customers, Wipro can now have the ability to provide a complete, integrated cloud solution, leveraging its Boundaryless Data Center (BLDC) and Oracles world-class cloud platform.

On consolidated basis, Wipros net profit fell 8.32% to Rs 2051.90 crore on 0.32% decline in net sales to Rs 13697.60 crore in Q1 June 2016 over Q4 March 2016.

Wipro is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better.

Powered by Capital Market - Live News

Global Films & Broadcasting to hold AGM
Sep 21,2016

Global Films & Broadcasting announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

Powered by Capital Market - Live News

Piramal Enterprises to down-sell part of its lending portfolio
Sep 21,2016

Piramal Enterprises announced that at its meeting held on 20 September 2016, the duly empowered Committee of Directors has approved a proposal to down-sell a part of the Companys lending portfolio, forming part of its financial services business, to its wholly owned subsidiary Piramal Finance, for a net consideration of Rs.1,450 crore. Relevant agreements to give effect to this would be executed.

This proposal is expected to be completed by end-October 2016.

Powered by Capital Market - Live News

Vardhman Textiles scales record high as board to consider share buyback
Sep 21,2016

The announcement was made after market hours yesterday, 20 September 2016.

Meanwhile, the S&P BSE Sensex was up 34.17 points, or 0.12%, to 28,557.37

On BSE, so far 36,000 shares were traded in the counter, compared with an average daily volume of 12,559 shares in the past one quarter. The stock hit a high of Rs 1,116.75 in intraday trade so far, which is record high for the counter. The stock hit a low of Rs 1,022 so far during the day. The stock hit a 52-week low of Rs 651.50 on 20 January 2016. The stock had underperformed the market over the past 30 days till 20 September 2016, falling 2.69% compared with 1.92% rise in the Sensex. The scrip also underperformed the market in past one quarter, rising 5.44% as against Sensexs 6.57% rise.

The mid-cap company has an equity capital of Rs 63.65 crore. Face value per share is Rs 10.

Vardhman Textiles consolidated net profit rose 24.16% to Rs 178.27 crore on 0.97% rise in net sales to Rs 1474.17 crore in Q1 June 2016 over Q1 June 2015.

Vardhman Group is a leading textile conglomerate in India. The group business portfolio includes yarn, greige and processed fabric, sewing thread, acrylic fibre and alloy steel.

Powered by Capital Market - Live News

Majesco provides update on subsidiary
Sep 21,2016

Majesco announced that its subsidiary and insurance arm, Majesco, USA has appointed Wes Thompson on its Board of Directors.

Powered by Capital Market - Live News

shares of GPT Infraprojects get delisted from Calcutta Stock Exchange
Sep 21,2016

GPT Infraprojects announced that the Calcutta Stock Exchange has granted the voluntarily de-listing of the equity shares of the Company w.e.f. 20 September 2016 under SEBI (Delisting of Equity Shares) Regulations, 2009.

Powered by Capital Market - Live News

ICRA gets shareholders nod for sale of subsidiary
Sep 21,2016

Shareholders of ICRA have approved the sale of its wholly owned subsidiary ICRA Techno Analytics to Nihilent Technologies. ICTEAS, based in Kolkata, provides information technology and business analyticsservices to a global client base.

Powered by Capital Market - Live News

Ind-Swift Laboratories appoints director
Sep 21,2016

Ind-Swift Laboratories has appointed Preetika Chaubey as Independent Woman Director of the Company w.e.f. 20 September 2016.

Powered by Capital Market - Live News

Paytm partners with IndusInd Bank
Sep 21,2016

IndusInd Bank announced that Paytm has tied up with the Bank to launch two wheeler financing and plans to add more lenders to provide greater choice to customers.

Powered by Capital Market - Live News

Pithampur Poly Products appoints company secretary and compliance officer
Sep 21,2016

Pithampur Poly Products announced that Sanjay Kumar, an Associate Member of the Institute of Company Secretaries of India, is appointed as Company Secretary and Compliance Officer of the Company w.e.f. 19 September 2016.

Powered by Capital Market - Live News

IIMs to participate in developing 20 world class institutes in the country
Sep 21,2016

IIMs shall be forerunners in developing world class education system in the country. This was stressed by the Union Minister of Human Resource Development Shri Prakash Javadkar during an interaction with the Press after the meeting with Chairpersons and Directors of IIMs in Shillong today. He said that few important decisions have been taken during the meeting to cater to the increasing demands of quality education in the country.

Firstly, IIMs will submit plans for expansion of their intake capacity, so that more students get opportunity to enroll themselves in the best institutes. Directors of IIMs pondered upon the possibility of the extent of increasing the intake capacity in their respective institutes and assured of submitting the proposals at the earliest.

The Union HRD Minister also said that possibility of expansion of Doctoral programmes was discussed. The Union Minister expressed that creating more quality Ph.D programmes will address the issue of shortage of faculties in institutes. And for creating more PhDs, the Minister said that, better avenues of fellowship will be offered to willing candidates. The Minister also said that in line with the IIT Council, where it has been decided to award PMs scholarship for Ph.D programme, government approval will be sought for PMs scholarship for best of PhD scholars in IIMs. Final decision in this regard will be taken with Cabinet approval, the Minister said.

Also, it was decided that IIMs will participate in a new initiative of government to make 20 world class universities/institutes. Of these 20 world class institutes that the government wishes to build, 10 institutes will be in government sector and 10 in private sector. IIMs will actively participate in creating contents for SWAYAM which is an Information Technology platform hosting Open Online Courses and will provide high quality education on various subjects from 9 to Under Graduate and Post Graduate students -- covering all disciplines. SWAYAM is a free course which can be availed online and shall be a complete channel of new Open Learning system comprising of lectures, reading materials, tutorials, mid exams, final exams and certification.

While replying to one of the query of the reporters regarding reservation in education policy, the Minister reiterated that as far as reservations are concerned, it is the constitution which provides for it and the government has no plans to make changes in reservations.

Earlier in the morning the Minister interacted with the students of IIMs. Remembering the great teacher Late A.P.J Abdul Kalam, the minister said that there is a need to inculcate the willingness for adopting teaching profession among students as the country requires 10 million good teachers to improve the quality of education from primary to higher education; and from higher education to research and innovation. While reiterating the fact that India is the youngest nation with the youngest population, he said that unless there are good passionate teachers to educate these young minds they would not turn into be dividends. He ended his interaction with an appeal to the students to ponder upon the need for research and innovation for developing good quality education.

Powered by Capital Market - Live News