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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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Board of Zylog Systems appoints director
Nov 23,2016

Zylog Systems announced that the Meeting of the Board of Directors of the Company was held on 23 November 2016, to appoint Kamala R as the Women Director (additional-Independent Director) of the Company as per the provision given in SEBI (LODR) Regulations, 2015.

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Board of Zylog Systems appoints director
Nov 23,2016

Zylog Systems announced that the Meeting of the Board of Directors of the Company was held on 23 November 2016, to appoint Kamala R as the Women Director (additional-Independent Director) of the Company as per the provision given in SEBI (LODR) Regulations, 2015.

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Punjab & Sind Bank plans to raise Rs 500 crore
Nov 23,2016

Punjab & Sind Bank announced that the bank intends to raise Basel III Compliant Tier II Bonds through Private Placement aggregating up to Rs.500 core. The proposed Bonds issue has been rated as n++CARE AAn++ by CARE and BWR AAn++ with Stable Outlook- by Brickwork Ratings.

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Punjab & Sind Bank plans to raise Rs 500 crore
Nov 23,2016

Punjab & Sind Bank announced that the bank intends to raise Basel III Compliant Tier II Bonds through Private Placement aggregating up to Rs.500 core. The proposed Bonds issue has been rated as n++CARE AAn++ by CARE and BWR AAn++ with Stable Outlook- by Brickwork Ratings.

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Bharat Heavy Electricals commissions 93 MW steam turbine based CPP
Nov 23,2016

Bharat Heavy Electricals has commissioned a 93 MW steam turbine based captive power plant (CPP) at Hazira in Gujarat.

This is the second 93 MW unit of the 4x93 MW steam turbine based CPP, being set up by Bhel for Reliance Industries at Hazira. For the same customer, the Bhel is also setting up a 3x93 MW steam turbine based CPP at Dahej, Gujarat.

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Bharat Heavy Electricals commissions 93 MW steam turbine based CPP
Nov 23,2016

Bharat Heavy Electricals has commissioned a 93 MW steam turbine based captive power plant (CPP) at Hazira in Gujarat.

This is the second 93 MW unit of the 4x93 MW steam turbine based CPP, being set up by Bhel for Reliance Industries at Hazira. For the same customer, the Bhel is also setting up a 3x93 MW steam turbine based CPP at Dahej, Gujarat.

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Volumes jump at Katwa Udyog counter
Nov 23,2016

Katwa Udyog clocked volume of 13.74 lakh shares by 13:24 IST on BSE, a 542.81-times surge over two-week average daily volume of 3,000 shares. The stock jumped 19.38% to Rs 93.

JK Lakshmi Cement notched up volume of 1.64 lakh shares, a 17.56-fold surge over two-week average daily volume of 9,000 shares. The stock rose 4.25% to Rs 361.80.

HPL Electric & Power saw volume of 17.46 lakh shares, a 15.42-fold surge over two-week average daily volume of 1.13 lakh shares. The stock rose 6.86% to Rs 87.25.

Sunil Hitech Engineers clocked volume of 31.02 lakh shares, a 12.58-fold surge over two-week average daily volume of 2.47 lakh shares. The stock dropped 4.28% to Rs 167.90.

Adani Transmission saw volume of 10.38 lakh shares, a 6.94-fold rise over two-week average daily volume of 1.50 lakh shares. The stock jumped 18.56% to Rs 55.25.

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Cipla EU divests stake in Chase Pharmaceuticals
Nov 23,2016

Cipla announced that Chase Pharmaceuticals Corporation, a Delaware based corporation (Chase) (in which Ciplas UK arm, Cipla (EU) (Cipla UK) has 16.7% stake) has been acquired by a subsidiary of Allergan, plc.

Allergan has agreed to pay $125 million upfront plus potential regulatory and commercial milestones of up to $875 million to the shareholders ofChase. Cipla UK acquired a minority stake in Chase in May 2014 via a syndicated venture investment.

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Cipla EU divests stake in Chase Pharmaceuticals
Nov 23,2016

Cipla announced that Chase Pharmaceuticals Corporation, a Delaware based corporation (Chase) (in which Ciplas UK arm, Cipla (EU) (Cipla UK) has 16.7% stake) has been acquired by a subsidiary of Allergan, plc.

Allergan has agreed to pay $125 million upfront plus potential regulatory and commercial milestones of up to $875 million to the shareholders ofChase. Cipla UK acquired a minority stake in Chase in May 2014 via a syndicated venture investment.

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Dredging Corporation of India to announce September quarter results
Nov 23,2016

Dredging Corporation of India announced that a Meeting of the Board of Directors of the Company will be held on 02 December 2016, to consider and take on record the Un-audited financial results of the Company for the quarter/period ended 30 September 2016.

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Dredging Corporation of India to announce September quarter results
Nov 23,2016

Dredging Corporation of India announced that a Meeting of the Board of Directors of the Company will be held on 02 December 2016, to consider and take on record the Un-audited financial results of the Company for the quarter/period ended 30 September 2016.

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Ramco Systems partners with Bank Islam Brunei Darussalam Berhad
Nov 23,2016

Ramco Systems announced that Bank Islam Brunei Darussalam Berhad (BIBD) has selected Ramco Systems Enterprise Resource Planning (ERP) integrated with full suite Human Capital Management (HCM) and Global Payroll for integrating its business processes across HR and enterprise resource planning functions.

Ramco beat global vendors to secure the contract with BIBD, Bruneis flagship Islamic bank and the countrys largest financial services provider serving all banking sectors. The partnership marks Ramcos entry into Brunei and strengthening of presence in South East Asia.

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Ramco Systems partners with Bank Islam Brunei Darussalam Berhad
Nov 23,2016

Ramco Systems announced that Bank Islam Brunei Darussalam Berhad (BIBD) has selected Ramco Systems Enterprise Resource Planning (ERP) integrated with full suite Human Capital Management (HCM) and Global Payroll for integrating its business processes across HR and enterprise resource planning functions.

Ramco beat global vendors to secure the contract with BIBD, Bruneis flagship Islamic bank and the countrys largest financial services provider serving all banking sectors. The partnership marks Ramcos entry into Brunei and strengthening of presence in South East Asia.

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JB Chemicals & Pharmaceuticals director resigns
Nov 23,2016

J B Chemicals & Pharmaceuticals announced that Dr. Niranjan N. Maniar, independent director of the Company, has resigned from the Board of directors of the Company with immediate effect due to his health problems.

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JMD Telefilms Industries invest in subsidairy - JMD Medico Services
Nov 23,2016

JMD Telefilms Industries announced that the Company has invested sum of Rs. 60 lakhs into its Subsidiary Company namely JMD Medico Services and has also launched around 30 products in the pharma segment till the time. The marketing of said products has also been started and will be available in market under the brand n++JMDn++.

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