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Future Enterprises to announce September quarter and half year results
Nov 25,2016

Future Enterprises announced that a meeting of the Board of Directors of the Company is scheduled to be held on 03 December 2016, inter alia, to consider and approve the Unaudited Financial Results for the quarter and half year ended 30 September 2016.

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An amount of 47040.57 lakh released for Sabla Scheme during 2015-16
Nov 25,2016

The funds under Sabla Scheme of WCD Ministry are released as per actual number of beneficiaries and in accordance with the financial norms laid down under the scheme. While deciding quantum of funds to be released, the past liability/ unspent balance, if any is taken into consideration. Hence, the total utilization in a particular year may appear to be more than the funds released in that financial year. However, the total utilization of funds is always less or equal to the total funds released to States. The details of funds released, utilized and beneficiaries covered during 2015-16 and current year is as under:-

YearTotal Funds (Rs. in lakh)Nutrition Beneficiaries
(in lakh)ReleasedUtilized2015-1647040.5749479.06110.032016-17 (as on 30.06.2016)39516.7513870.9054.50

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Maruti Suzuki gains after announcing launch of Wagon R Felicity limited edition
Nov 25,2016

The announcement was made during market hours today, 25 November 2016.

Meanwhile, the S&P BSE Sensex was up 471.29 points or 1.82% at 26,331.46

On BSE, so far 32,000 shares were traded in the counter as against average daily volume of 65,374 shares in the past one quarter. The stock hit a high of Rs 4,904.50 and a low of Rs 4,795.65 so far during the day. The stock had hit a 52-week high of Rs 5,972 on 1 November 2016. The stock had hit a 52-week low of Rs 3,202.10 on 29 February 2016. The stock had underperformed the market over the past 30 days till 24 November 2016, falling 17.6% compared with the 7.10% decline in the Sensex. The scrip, however, outperformed the market in past one quarter, falling 1.67% as against Sensexs 6.92% decline.

The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.

Maruti Suzuki India said that Wagon R Felicity offers a wide array of features including reverse parking sensors with display and voice guidance, double-din bluetooth music system with speakers, available in Lxi variant. The celebration edition is equipped with PU seats and steering cover, body graphics, rear spoiler to make it even more attractive, Maruti Suzuki India said.

Introducing the Wagon R Felicity limited edition R. S. Kalsi, Executive Director Marketing & Sales, Maruti Suzuki India said that Wagon R Felicity will appeal to Wagon R loyalists as well as compact car customers who are looking for a product that is unique and distinct. Besides the manual transmission, Wagon R is available with the AMT option. It is offered in petrol as well as CNG, the company said. Wagon R Felicity limited edition will be available in two variants - Lxi and Vxi with all existing fuel and transmission options. The limited edition Wagon R Felicity is available in the price range of Rs 4.40 lakh for Lxi to Rs 5.37 lakh for Vxi-AMT (O) variants.

Maruti Suzuki Indias net profit rose 60.2% to Rs 2398 crore on 29.5% growth in net sales to Rs 17594.60 crore in Q2 September 2016 over Q2 September 2015.

Maruti Suzuki India is Indias biggest car maker in terms of market share. Japanese parent Suzuki Motor Corporation currently holds 56.21% stake in Maruti (as per the shareholding pattern as on 30 September 2016).

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Steel Strip Wheels secures export orders
Nov 25,2016

Steel Strip Wheels has bagged an export order for supply of Caravan Steel wheels for Trailer market. Total order is for supplying approx. 20000 wheels. Orders will be executed from SSWLs Chennai plant with shipments starting from December 2016. This is a repeat order from the export customer.

The Company also bagged an export order to supply wheels to BMW India. The total order size is 18,000 wheels and the order will start for mass supplies from March 2017 from the Companys Chennai facility.

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Majestic Research Services & Solutions provides update on its follow-on public offer
Nov 25,2016

Majestic Research Services & Solutions has priced its follow-on public offer at a price band of Rs 106-114 to raise Rs 10 crore through book built issue. The Company has received nod from the Registrar of Companies along with all necessary approvals for the FPO, following which the issue will open on 28 November 2016 and close on 05 December 2016.

The Company which got listed on SME platform on July 2015, will achieve the distinction of being the first company on SME platform to come up with a follow on offer.

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Ansal Properties & Infrastructure to announce Q2 and HY results
Nov 25,2016

Ansal Properties & Infrastructure announced that a meeting of the Board of Directors of the Company shall be held on 07 December 2016, inter alia, to consider and approve the matter related to the approval of the Un-Audited Financial Results for the 2nd quarter /half year ended on the 30 September 2016 of the Financial Year 2016-17. This is being subjected to Limited Review by the Statutory Auditors of the Company.

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Board of Borosil Glass Works approves draft scheme of merger
Nov 25,2016

The Board of Directors of Borosil Glass Works at its meeting held on 25 November 2016 has approved draft scheme of merger of Hopewell Tableware, Vyline Glass Works and Fennel Investment and Finance with the Company.

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Board of Sundaram Finance appoints director
Nov 25,2016

Sundaram Finance announced that at the Board Meeting held on 25 November 2016, Rajiv C. Lochan has been appointed as an Independent Director on the Board.

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Board of Tide Water Oil Co (I) declares 1st interim dividend
Nov 25,2016

Tide Water Oil Co (I) announced that the Board of Directors, at its meeting held on 25 November 2016:

1. Declared 1st Interim Dividend of 1000% (Rs. 50) per ordinary share for the year 2016-17.

2. Subject to approval of the shareholders, extended term of appointment of R.N. Ghosal, Managing Director till the close of business on 28 February 2019.

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Steel Strips Wheels gains after winning order
Nov 25,2016

The announcement was made during trading hours today, 25 November 2016.

Meanwhile, the BSE Sensex was up 427.07 points, or 1.65%, to 26,287.24.

On BSE, so far 7,725 shares were traded in the counter, compared with average daily volume of 10,177 shares in the past one quarter. The stock hit a high of Rs 546.25 and a low of Rs 511 so far during the day. The stock hit a record high of Rs 775 on 14 October 2016. The stock hit a 52-week low of Rs 284 on 17 February 2016. The stock had underperformed the market over the past 30 days till 24 November 2016, falling 24.16% compared with the 7.10% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 10.41% as against Sensexs 6.92% decline.

The small-cap company has equity capital of Rs 15.53 crore. Face value per share is Rs 10.

Steel Strips Wheels (SSWL) said the total order is for supplying approximately 20,000 wheels. Orders will be executed from SSWLs Chennai plant with shipments starting from December 2016. This is a repeat order from the export customer.

The company has also bagged an order to supply wheels to BMW India. The total order size is 18,000 wheels and the order will start for mass supplies from March 2017 from the companys Chennai facility.

This order marks strong competence of SSWL in both export and high end segments of the market. SSWL is expecting to receive additional orders for the Caravan wheels from other European Union (EU) customers in coming weeks.

Net profit of SSWL rose 19.9% to Rs 18.02 crore on 2.8% decline in net sales to Rs 290.95 crore in Q2 September 2016 over Q2 September 2015.

SSWL designs and manufactures automotive steel wheels and is among the leading supplier to Indian and global automobile manufacturers.

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Karuturi Global reports standalone net loss of Rs 3.89 crore in the September 2016 quarter
Nov 25,2016

Net Loss of Karuturi Global reported to Rs 3.89 crore in the quarter ended September 2016 as against net loss of Rs 5.28 crore during the previous quarter ended September 2015. Sales declined 28.26% to Rs 2.64 crore in the quarter ended September 2016 as against Rs 3.68 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2.643.68 -28 OPM %-11.361.63 - PBDT-2.66-5.19 49 PBT-2.94-5.35 45 NP-3.89-5.28 26

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Bata India standalone net profit declines 36.37% in the September 2016 quarter
Nov 25,2016

Net profit of Bata India declined 36.37% to Rs 34.59 crore in the quarter ended September 2016 as against Rs 54.36 crore during the previous quarter ended September 2015. Sales rose 1.55% to Rs 583.43 crore in the quarter ended September 2016 as against Rs 574.53 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales583.43574.53 2 OPM %9.178.37 - PBDT66.3157.22 16 PBT50.3538.02 32 NP34.5954.36 -36

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Opto Circuits (India) reports consolidated net loss of Rs 258.72 crore in the September 2016 quarter
Nov 25,2016

Net loss of Opto Circuits (India) reported to Rs 258.72 crore in the quarter ended September 2016 as against net profit of Rs 62.14 crore during the previous quarter ended September 2015. Sales declined 40.24% to Rs 46.67 crore in the quarter ended September 2016 as against Rs 78.10 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales46.6778.10 -40 OPM %-361.1740.19 - PBDT-176.6531.70 PL PBT-181.7224.33 PL NP-258.7262.14 PL

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Opto Circuits (India) reports standalone net loss of Rs 247.48 crore in the September 2016 quarter
Nov 25,2016

Net Loss of Opto Circuits (India) reported to Rs 247.48 crore in the quarter ended September 2016 as against net loss of Rs 4.20 crore during the previous quarter ended September 2015. Sales declined 29.30% to Rs 14.38 crore in the quarter ended September 2016 as against Rs 20.34 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales14.3820.34 -29 OPM %-1155.6351.97 - PBDT-168.56-1.58 -10568 PBT-170.86-3.94 -4237 NP-247.48-4.20 -5792

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Flex Foods standalone net profit declines 0.83% in the September 2016 quarter
Nov 25,2016

Net profit of Flex Foods declined 0.83% to Rs 1.19 crore in the quarter ended September 2016 as against Rs 1.20 crore during the previous quarter ended September 2015. Sales rose 9.57% to Rs 20.72 crore in the quarter ended September 2016 as against Rs 18.91 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales20.7218.91 10 OPM %16.2617.50 - PBDT2.643.03 -13 PBT1.422.00 -29 NP1.191.20 -1

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