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Kansai Nerolac Paints to hold AGM
May 03,2017

Kansai Nerolac Paints announced that the Annual General Meeting (AGM) of the company will be held on 21 June 2017.

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Bhartiya International allots 681 equity shares
May 03,2017

Bhartiya International has allotted 681 Equity Shares of Rs. 10/- each under the Employees Stock Option Plan 2013 to the employees, who had exercised the option at an exercise price of Rs. 50/- in the meeting held on 3 May 2017. These shares shall rank pari-passu with the existing equity shares of the Company.

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Infosys partners with The Commercial Bank
May 03,2017

Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys and The Commercial Bank, Qatars first private bank, along with its subsidiary and associates (Group), announced the successful completion of a pilot on the first ever cloud based blockchain network to process international remittances.

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Suzlon Energy allots 1,36,34,377 equity shares
May 03,2017

Suzlon Energy has allotted 1,36,34,377 equity shares on conversion of FCCBs on 03 May 2017.

Post the aforesaid allotment, the paid-up capital of the Company has increased Rs 1010.95 crore dividend into 505,47,84,134 equity shares of Rs 2 each.

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Reliance Corporate IT Park signs MoU with SAP SE
May 03,2017

Reliance Industries announced that its subsidiary, Reliance Corporate IT Park has signed a Memorandum of Understanding (MoU) with SAP SE to launch SARAL GST solution for taxpayers in the GST regime.

The offering will enable taxpayers to be GST compliant and smoothly access the Governments GST System, once GST is rolled out from July 1, 2017. SARAL GST will leverage the expertise of RCITPL as GST Suvidha Provider (GSP) and SAP as Application Service Provider (ASP).

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Arcee Industries announces resignation of company secretary
May 03,2017

Arcee Industries announced that Vishesh Kumar Chugh, has resigned from the post of Company Secretary & Compliance Officer on 03 May 2017.

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Fortune Financial Services (India) acquires 80% stake in INTL Risk Consultants Insurance Brokers
May 03,2017

Fortune Financial Services (India) has entered in to share purchase agreement with the shareholders of INTL Risk Consultants Insurance Brokers for acquisition of 7,46,800 equity shares of Rs. 10 each fully paid being 80% of the total issued capital of INTL Risk Consultants Insurance Brokers at a lump sum price of Rs. 80,00,000/- (Rupees : Eighty Lakhs only).

The consideration for the acquisition of equity shares will be paid by the Company in tranches the shares will be acquired in four financial years commencing from 2017-2018 or earlier as may be mutually decided between the parties as mentioned in the share purchase agreement.

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Bank of India announces cessation of director
May 03,2017

Bank of India announced that Harvinder Singh - Officer Employee Director of the Bank has demitted office on 30 April 2017 upon superannuation. As such, Harvinder Singh has ceased to be the Officer Employee Director of the Bank with effect from 01 May 2017.

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Time Technoplast launches MOX film under brand Techpaulin
May 03,2017

Time Technoplast launched its highly technical and innovative MOX film (Multi layer Multi axis Oriented Cross Laminated Film) under the brand Techpaulin effective 1 of April 2017. The Company has received certification from Bureau of Indian Standards conforming to IS 14611:2016.

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Bombay Burmah Trading Corporation issues commercial paper aggregating Rs 50 crore
May 03,2017

Bombay Burmah Trading Corporation has issued commercial paper for an aggregate amount of Rs 50 crore on 03 May 2017 for 86 days and having maturity date 28 July 2017.

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Alembic Pharmaceuticals consolidated net profit rises 2.43% in the March 2017 quarter
May 03,2017

Net profit of Alembic Pharmaceuticals rose 2.43% to Rs 93.04 crore in the quarter ended March 2017 as against Rs 90.83 crore during the previous quarter ended March 2016. Sales rose 19.00% to Rs 736.71 crore in the quarter ended March 2017 as against Rs 619.07 crore during the previous quarter ended March 2016.

For the full year,net profit declined 44.01% to Rs 403.16 crore in the year ended March 2017 as against Rs 720.04 crore during the previous year ended March 2016. Sales declined 0.58% to Rs 3101.47 crore in the year ended March 2017 as against Rs 3119.58 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales736.71619.07 19 3101.473119.58 -1 OPM %18.2723.04 -19.8232.27 - PBDT133.67143.96 -7 612.061008.52 -39 PBT111.83119.56 -6 529.09936.31 -43 NP93.0490.83 2 403.16720.04 -44

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K P R Mill consolidated net profit rises 30.49% in the March 2017 quarter
May 03,2017

Net profit of K P R Mill rose 30.49% to Rs 71.86 crore in the quarter ended March 2017 as against Rs 55.07 crore during the previous quarter ended March 2016. Sales rose 7.50% to Rs 746.57 crore in the quarter ended March 2017 as against Rs 694.50 crore during the previous quarter ended March 2016.

For the full year,net profit rose 36.12% to Rs 286.82 crore in the year ended March 2017 as against Rs 210.71 crore during the previous year ended March 2016. Sales rose 7.84% to Rs 2706.54 crore in the year ended March 2017 as against Rs 2509.83 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales746.57694.50 7 2706.542509.83 8 OPM %18.6315.88 -20.8118.71 - PBDT133.35104.83 27 526.29435.83 21 PBT96.5567.51 43 376.90283.78 33 NP71.8655.07 30 286.82210.71 36

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Alembic Pharmaceuticals standalone net profit declines 33.21% in the March 2017 quarter
May 03,2017

Net profit of Alembic Pharmaceuticals declined 33.21% to Rs 59.24 crore in the quarter ended March 2017 as against Rs 88.70 crore during the previous quarter ended March 2016. Sales rose 10.65% to Rs 642.75 crore in the quarter ended March 2017 as against Rs 580.87 crore during the previous quarter ended March 2016.

For the full year,net profit declined 38.37% to Rs 430.63 crore in the year ended March 2017 as against Rs 698.74 crore during the previous year ended March 2016. Sales declined 0.32% to Rs 2953.16 crore in the year ended March 2017 as against Rs 2962.65 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales642.75580.87 11 2953.162962.65 0 OPM %15.3323.91 -21.4433.17 - PBDT98.15140.72 -30 632.61985.88 -36 PBT76.32116.60 -35 549.71914.02 -40 NP59.2488.70 -33 430.63698.74 -38

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K P R Mill standalone net profit rises 73.48% in the March 2017 quarter
May 03,2017

Net profit of K P R Mill rose 73.48% to Rs 69.79 crore in the quarter ended March 2017 as against Rs 40.23 crore during the previous quarter ended March 2016. Sales rose 18.99% to Rs 638.11 crore in the quarter ended March 2017 as against Rs 536.25 crore during the previous quarter ended March 2016.

For the full year,net profit rose 52.70% to Rs 238.42 crore in the year ended March 2017 as against Rs 156.14 crore during the previous year ended March 2016. Sales rose 12.74% to Rs 2163.62 crore in the year ended March 2017 as against Rs 1919.19 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales638.11536.25 19 2163.621919.19 13 OPM %18.6813.98 -20.6018.55 - PBDT117.5382.17 43 427.74345.80 24 PBT88.9451.77 72 310.31221.96 40 NP69.7940.23 73 238.42156.14 53

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Peoples Investment reports standalone nil net profit/loss in the March 2017 quarter
May 03,2017

Peoples Investment reported no net profit/loss in the quarter ended March 2017 and during the previous quarter ended March 2016. There were no Sales reported in the quarter ended March 2017 as against Rs 0.01 crore during the previous quarter ended March 2016.

For the full year,no net profit/loss reported in the year ended March 2017 and during the previous year ended March 2016. Sales remain constant at Rs 0.04 crore in the year ended March 2017 and also during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales00.01 -100 0.040.04 0 OPM %00 -00 - PBDT00 0 00 0 PBT00 0 00 0 NP00 0 00 0

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