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Land allotment for four industrial cities in DMIC to begin from October: Alkesh Sharma

Land allotment for four industrial cities in DMIC to begin from October: Alkesh Sharma

Jul 23,2016

The Centre will start allocating land in all the four industrial cities being implemented under the Delhi-Mumbai Industrial Corridor (DMIC) project from October this year, a top government official said at an ASSOCHAM event.

n++Land allotment for industries will begin in October this year for anyone who wants to put up an industry, we are looking at anchor investors, we are looking for some big industries to come up but we are open to all industries,n++ said Mr Alkesh Kumar Sharma, chief executive officer (CEO) and managing director (MD), DMIC Corporation Limited said while inaugurating an ASSOCHAM International Summit on DMIC-Hub for investors.

The four industrial cities that are being implemented under DMIC project include - in Dholera Special Investment Region (Gujarat), Shendra Bidkin Industrial Park & Dighi Port Industrial Area (Maharashtra), Integrated Industrial Township (Greater Noida-Uttar Pradesh) and Vikram Udyogpuri (Ujjain-Madhya Pradesh).

n++The land pricing and disposal policies have already been finalised in Gujarat, it will be finalised in a weeks time in Maharashtra and we will also be finalising it in Greater Noida and in Ujjain within this month so that by September-October we can start allotting land,n++ said Mr Sharma.

He informed that DMICDC had already developed a detailed land use plan and that it will soon come up with a mechanism whereby one can apply online and the land shall be allotted.

n++You can identify a plot on the Google maps, fill in and you will see complete details of the plot that this plot is for industrial purpose, the size of the plot is 20 acres and this is the type of industry you can set up,n++ he said.

n++We do not have any issue on land as all the land which we have in these cities are free from litigation,n++ further said Mr Sharma.

He also informed that government was looking at alternate ways of generating energy considering the current power and gas scenario.

The DMICDC CEO said that the type of industries that have been identified for these industrial cities are the ones that are not highly polluting unlike chemical factories and others.

He also said that all environment clearances had been obtained from the union Ministry of Environment and Forests for all the projects. We have taken all the sustainability parameters that are best in the world in terms of both social and economic issues.n++

He said that DMICDC would be following the best global practices be it transportation, power and water supply, water conservation, sewage treatment and others.

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Small amount of selling from FPIs into secondary markets
Aug 25,2016

Foreign portfolio investors (FPIs) offloaded stocks worth a net Rs 32.61 crore into the secondary equity markets on 24 August 2016. That compared with their purchases of Rs 8.05 crore during the preceding trading session on 23 August 2016. The net outflow of Rs 32.61 crore on 24 August 2016 was a result of gross purchases of Rs 3108.29 crore and gross sales of Rs 3140.90 crore. On that day, the S&P BSE Sensex, rose 69.73 points or 0.25% to settle at 28,059.94.

There was net inflow of Rs 0.04 crore from FPIs into the category primary market & others for the two trading sessions on 24 August 2016.

FPIs have bought stocks worth a net Rs 8205.09 crore from the secondary equity markets in this month so far (till 24 August 2016). FPIs bought shares worth a net Rs 12068.52 crore from the secondary equity markets last month. FPIs have purchased shares worth a net Rs 38509.59 crore from the secondary equity markets in calendar year 2016 so far (till 24 August 2016). FPIs sold shares worth a net Rs 4362.50 crore into the secondary equity markets in calendar year 2015.

There has been a net outflow of Rs 78.41 crore from FPIs from the category primary markets & others in this month so far (till 24 August 2016). There was a net inflow of Rs 543.30 crore from FPIs into the category primary markets & others last month. The net inflow from FPIs into category primary markets & others has totaled Rs 1395.50 crore in calendar year 2016 so far (till 24 August 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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PNC Infratech consolidated net profit rises 144.85% in the June 2016 quarter
Aug 25,2016

Net profit of PNC Infratech rose 144.85% to Rs 54.21 crore in the quarter ended June 2016 as against Rs 22.14 crore during the previous quarter ended June 2015. Sales declined 6.23% to Rs 635.45 crore in the quarter ended June 2016 as against Rs 677.66 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales635.45677.66 -6 OPM %24.2319.48 - PBDT124.9881.64 53 PBT61.8336.18 71 NP54.2122.14 145

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Sword & Shield Pharma reports standalone net loss of Rs 0.03 crore in the June 2016 quarter
Aug 25,2016

Net Loss of Sword & Shield Pharma reported to Rs 0.03 crore in the quarter ended June 2016 as against net loss of Rs 0.13 crore during the previous quarter ended June 2015. Sales reported to Rs 0.01 crore in the quarter ended June 2016. There were no Sales reported during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales0.010 0 OPM %-300.000 - PBDT-0.03-0.10 70 PBT-0.03-0.14 79 NP-0.03-0.13 77

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Sarda Energy & Minerals standalone net profit rises 270.58% in the June 2016 quarter
Aug 25,2016

Net profit of Sarda Energy & Minerals rose 270.58% to Rs 89.05 crore in the quarter ended June 2016 as against Rs 24.03 crore during the previous quarter ended June 2015. Sales declined 6.21% to Rs 284.28 crore in the quarter ended June 2016 as against Rs 303.09 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales284.28303.09 -6 OPM %17.7415.59 - PBDT49.7749.15 1 PBT38.0534.90 9 NP89.0524.03 271

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Incap standalone net profit declines 22.00% in the June 2016 quarter
Aug 25,2016

Net profit of Incap declined 22.00% to Rs 0.39 crore in the quarter ended June 2016 as against Rs 0.50 crore during the previous quarter ended June 2015. Sales declined 6.25% to Rs 4.65 crore in the quarter ended June 2016 as against Rs 4.96 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales4.654.96 -6 OPM %10.7510.89 - PBDT0.460.59 -22 PBT0.390.50 -22 NP0.390.50 -22

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Safal Herbs standalone net profit declines 80.00% in the June 2016 quarter
Aug 25,2016

Net profit of Safal Herbs declined 80.00% to Rs 0.01 crore in the quarter ended June 2016 as against Rs 0.05 crore during the previous quarter ended June 2015. Sales remain constant at Rs 4.40 crore in the quarter ended June 2016 and also during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales4.404.40 0 OPM %0.231.14 - PBDT0.010.05 -80 PBT0.010.05 -80 NP0.010.05 -80

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Sang Froid Labs (India) reports standalone net loss of Rs 0.02 crore in the June 2016 quarter
Aug 25,2016

Net loss of Sang Froid Labs (India) reported to Rs 0.02 crore in the quarter ended June 2016 as against net profit of Rs 0.01 crore during the previous quarter ended June 2015. Sales declined 66.67% to Rs 0.01 crore in the quarter ended June 2016 as against Rs 0.03 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales0.010.03 -67 OPM %-200.000 - PBDT-0.020.02 PL PBT-0.020.02 PL NP-0.020.01 PL

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Hytone Texstyles standalone net profit rises 360.00% in the June 2016 quarter
Aug 25,2016

Net profit of Hytone Texstyles rose 360.00% to Rs 0.23 crore in the quarter ended June 2016 as against Rs 0.05 crore during the previous quarter ended June 2015. Sales rose 51.43% to Rs 0.53 crore in the quarter ended June 2016 as against Rs 0.35 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales0.530.35 51 OPM %47.1711.43 - PBDT0.280.10 180 PBT0.230.05 360 NP0.230.05 360

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Sequel e-Routers reports standalone net profit of Rs 0.03 crore in the June 2016 quarter
Aug 25,2016

Net profit of Sequel e-Routers reported to Rs 0.03 crore in the quarter ended June 2016. There were no net profit/loss reported during the previous quarter ended June 2015. Sales rose 41.67% to Rs 0.51 crore in the quarter ended June 2016 as against Rs 0.36 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales0.510.36 42 OPM %5.880 - PBDT0.030 0 PBT0.030 0 NP0.030 0

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Iykot Hitech Toolroom reports standalone net loss of Rs 0.09 crore in the June 2016 quarter
Aug 25,2016

Net Loss of Iykot Hitech Toolroom reported to Rs 0.09 crore in the quarter ended June 2016 as against net loss of Rs 0.18 crore during the previous quarter ended June 2015. Sales rose 4.80% to Rs 1.31 crore in the quarter ended June 2016 as against Rs 1.25 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales1.311.25 5 OPM %-3.05-8.80 - PBDT-0.05-0.13 62 PBT-0.09-0.18 50 NP-0.09-0.18 50

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Ideal Optics reports standalone net profit of Rs 0.33 crore in the June 2016 quarter
Aug 25,2016

Net profit of Ideal Optics reported to Rs 0.33 crore in the quarter ended June 2016. There were no net profit/loss reported during the previous quarter ended June 2015. Sales rose 6400.00% to Rs 7.15 crore in the quarter ended June 2016 as against Rs 0.11 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales7.150.11 6400 OPM %3.220 - PBDT0.330 0 PBT0.330 0 NP0.330 0

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Indian Hume Pipe Company gets reaffirmation of ratings for bank facilities
Aug 25,2016

Indian Hume Pipe Company has received reaffirmation in ratings from CARE for bank facilities.

Long term bank facilities (Rs 420.63 crore) - CARE A+
Short term bank facilities (Rs 820 crore) - CARE A1+

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J Kumar Infraprojects provides updates on Metro project
Aug 25,2016

J Kumar Infraprojects announced that the joint venture of the Company and CRTG JV have signed an agreement with Mumbai Metro Rail Corporation on 24 August 2016 for Phase-3 of the city metro worth Rs 5012 crore. The project work will commence from October 2016.

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Housing Development Finance Corporation allots equity shares
Aug 25,2016

Housing Development Finance Corporation announced that the Corporation on 25 August 2016 allotted 4,59,525 equity shares of Rs. 2 each pursuant to exercise of stock options by certain employees.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs. 316,58,63,010 consisting of 158,29,31,505 equity shares of Rs. 2 each.

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Board of Poona Dal and Oil Industries appoints director
Aug 25,2016

Poona Dal and Oil Industries announced that the Meeting of the Board of Directors held on 25 August 2016 and in the meeting following item was discussed :

- Pursuant to section 149 of the Companies Act, 2013, Kevalchand Manikchand Muthiyan appointed as an Independent Director for a period of Five years w.e.f. 25 August 2016.

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