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HMT announces appointment of Chairman & Managing Director
Apr 21,2017

HMT announced that Girish Kumar, Managing Director, HMT (International), Bangalore, has been appointed as Chairman & Managing Director, HMT, Bangalore for a period of five years with effect from the date of assumption of charge of the post or till the date of his superannuation or until further orders, whichever is the earliest. S. Girish Kumar assumed charge of the post of Chairman & Managing Director (CMD), HMT on 21 April 2017. Earlier, S. Girish Kumar was under additional charge of the post of Chairman and Managing Director, HMT.

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IMP Powers secures order worth Rs 62 crore
Apr 21,2017

IMP Powers has received an order from Tamil Nadu Transmission Corporation for 1920 MVA of 160 MVA, 230KV power transformers total order value worth Rs 62 crore.

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Great Eastern Shipping Company signs contract to buy Medium Range Product Tanker
Apr 21,2017

Great Eastern Shipping Company has signed a contract to buy a Medium Range Product Tanker of about 51,000 dwt. The 2008 built vessel is expected to join the Companys fleet in Q1 FY18

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Tinplate Company of India appoints director
Apr 21,2017

Tinplate Company of India has appointed Shashi Kant Maudgal as an Additional Director of the Company with immediate effect i.e. 21 April, 2017. Maudgal will be acting as an Independent Director on the Board of the Company.

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Dr Reddys Laboratories launches Progesterone Capsules
Apr 21,2017

Dr Reddys Laboratories announced that it has launched Progesterone Capsules, 100mg and 200 mg, a therapeutic equivalent generic version of Prometrium (Progesterone) Capsules in the United States market, approved by the United States Food and Drug Administration.

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Jattashankar Industries appoints CFO
Apr 21,2017

Jattashankar Industries appoints Ankur Poddar as CFO of the Company.

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Rupee skids
Apr 21,2017

Rupee closed lower at 64.6475/6525 per dollar on Friday (21 April 2017), versus its previous close of 64.5975/6050 per dollar.

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Board of Mindtree recommends final dividend
Apr 21,2017

Mindtree announced that the Board of Directors of the Company at its meeting held on 20 April 2017, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Indian Hotels Co to hold board meeting
Apr 21,2017

Indian Hotels Co will hold a meeting of the Board of Directors of the Company on 18 May 2017, to approve the allottment of 2000, rated, listed, unsecured, redeemable, non-cumulative & non- convertible debentures aggregating to Rs. 200 crores on private placement basis.

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Lumax Industries to hold board meeting
Apr 21,2017

Lumax Industries will hold a meeting of the Board of Directors of the Company on 13 May 2017.

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Board of Bharat Seats recommends final dividend
Apr 21,2017

Bharat Seats announced that the Board of Directors of the Company at its meeting held on 20 April 2017, inter alia, have recommended the final dividend of Rs 0.9 per equity Share (i.e. 45%) , subject to the approval of the shareholders.

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ACC consolidated net profit declines 8.91% in the March 2017 quarter
Apr 21,2017

Net profit of ACC declined 8.91% to Rs 211.06 crore in the quarter ended March 2017 as against Rs 231.70 crore during the previous quarter ended March 2016. Sales rose 7.90% to Rs 3099.66 crore in the quarter ended March 2017 as against Rs 2872.71 crore during the previous quarter ended March 2016.

ParticularsQuarter Endedn++Mar. 2017Mar. 2016% Var. Sales3099.662872.71 8 OPM %13.4515.38 - PBDT424.67466.54 -9 PBT258.77322.14 -20 NP211.06231.70 -9

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Tata Metaliks standalone net profit rises 5.08% in the March 2017 quarter
Apr 21,2017

Net profit of Tata Metaliks rose 5.08% to Rs 40.36 crore in the quarter ended March 2017 as against Rs 38.41 crore during the previous quarter ended March 2016. Sales rose 13.12% to Rs 393.29 crore in the quarter ended March 2017 as against Rs 347.69 crore during the previous quarter ended March 2016.

For the full year,net profit rose 3.37% to Rs 116.05 crore in the year ended March 2017 as against Rs 112.27 crore during the previous year ended March 2016. Sales rose 3.47% to Rs 1327.08 crore in the year ended March 2017 as against Rs 1282.63 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales393.29347.69 13 1327.081282.63 3 OPM %19.0721.47 -16.8916.80 - PBDT64.0957.88 11 188.09171.26 10 PBT51.7450.20 3 151.66138.29 10 NP40.3638.41 5 116.05112.27 3

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Amal reports standalone net profit of Rs 0.39 crore in the March 2017 quarter
Apr 21,2017

Net profit of Amal reported to Rs 0.39 crore in the quarter ended March 2017 as against net loss of Rs 1.01 crore during the previous quarter ended March 2016. Sales rose 34.39% to Rs 7.23 crore in the quarter ended March 2017 as against Rs 5.38 crore during the previous quarter ended March 2016.

For the full year,net profit rose 558.52% to Rs 8.89 crore in the year ended March 2017 as against Rs 1.35 crore during the previous year ended March 2016. Sales rose 10.81% to Rs 25.62 crore in the year ended March 2017 as against Rs 23.12 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales7.235.38 34 25.6223.12 11 OPM %43.2926.02 -46.2517.34 - PBDT0.48-0.92 LP 9.261.72 438 PBT0.39-1.01 LP 8.891.35 559 NP0.39-1.01 LP 8.891.35 559

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ACC standalone net profit declines 9.85% in the March 2017 quarter
Apr 21,2017

Net profit of ACC declined 9.85% to Rs 211.50 crore in the quarter ended March 2017 as against Rs 234.62 crore during the previous quarter ended March 2016. Sales rose 7.90% to Rs 3099.66 crore in the quarter ended March 2017 as against Rs 2872.71 crore during the previous quarter ended March 2016.

ParticularsQuarter Endedn++Mar. 2017Mar. 2016% Var. Sales3099.662872.71 8 OPM %13.4315.34 - PBDT426.69471.70 -10 PBT261.67328.33 -20 NP211.50234.62 -10

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