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Cox & Kings forays into the money transfer business
Nov 02,2016

Cox & Kings in a bid to foray into the money transfer business in India has partnered with UAE Exchange India. This enables Indians living abroad to conveniently remit funds to their families in India with easy and flexible transfer options.

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Escorts Agri Machinery Segment announces tractor sales
Nov 02,2016

Escorts Agri Machinery Segment in October 2016 sold 8859 tractors in domestic market, recording growth of 51.9% against 5832 units in October 2015. Exports for the month of October 2016 are up 270% at 111 tractors against 30 tractors in October 2015. Total tractor sales (domestic + exports) in October 2016 at 8970 tractors grew 53.0% against 5862 tractor in October 2015.

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Future Enterprises drops as Arisaig India Fund offloads shares
Nov 02,2016

Meanwhile, the S&P BSE Sensex was down 284.75 points or 1.02% at 27,591.86.

On BSE, so far 2.16 lakh shares were traded in the counter as against average daily volume of 3.07 lakh shares in the past one quarter. The stock hit a high of Rs 16.80 and a low of Rs 16.25 so far during the day. The stock had hit a 52-week low of Rs 14.90 on 11 February 2016. The stock had hit a 52-week high of Rs 28.55 on 26 May 2016. The stock had outperformed the market over the past one month till 1 November 2016, advancing 3.72% compared with 0.04% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, sliding 22.45% as against Sensexs 0.45% fall.

The small-cap company has equity capital of Rs 86.39 crore. Face value per share is Rs 2.

Future Enterprises net profit jumped 615.4% to Rs 315.48 crore on 67.6% decline in net sales to Rs 921.19 crore in Q1 June 2016 over Q1 June 2015.

Future Enterprises, formerly Future Retail, and is into retail infrastructure after demerging retail business into Bharti Retail.

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Rupa & Company changes Statutory Auditors
Nov 02,2016

Rupa & Company has appointed Singhi & Co., Chartered Accountants (the Branch Auditors for the Tirupur Unit of the Company), as the Statutory Auditors of the Company with effect from November 02, 2016, to hold office till the next Annual General Meeting of the Company for the Financial Year 2016-17.

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Cosmo Films step down entity liquidates
Nov 02,2016

Cosmo Films (Netherlands) Cooperatief U.A (a wholly owned step down entity of CF Global Holding Mauritius Ltd) stands liquidated with effect from 28th October 2016. CF Global Holding Mauritius Ltd is a wholly owned subsidiary of Cosmo Films Limited.

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Hindustan Petroleum Corporation changes directorate
Nov 02,2016

Hindustan Petroleum Corporation has appointed S Jeya Krishnan as Director- Marketing and Vinod S Shenoy as Director-Refineries with effect from 1st November 2016 on the wake of the cessation of B K Namdeo and Y K Gawati from their positions held with effect from 31st October 2016.

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V2 Retail closes retail stores
Nov 02,2016

V2 Retail has closed one operational Retail stores located at 1132 -1133, Main Bazaar, Haibat Pura Najafgarh, Delhi -110043, bringing down the operational Retail stores to 31.

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MIC Electronics tumbles after weak Q2 results
Nov 02,2016

The result was announced after market hours yesterday, 1 November 2016.

Meanwhile, the BSE Sensex was down 275.43 points, or 0.99%, to 27,601.18.

On BSE, so far 3.32 lakh shares were traded in the counter, compared with average daily volume of 204 lakh shares in the past one quarter. The stock hit a high of Rs 17.35 and a low of Rs 16.25 so far during the day. The stock hit a 52-week high of Rs 28.65 on 6 January 2016. The stock hit a 52-week low of Rs 13 on 7 June 2016. The stock had outperformed the market over the past 30 days till 1 November 2016, rising 21.50% compared with the 1.30% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 33.60% as against Sensexs 0.65% rise.

The small-cap company has equity capital of Rs 35.39 crore. Face value per share is Rs 2.

MIC Electronics manufactures LED video displays, high-end electronic and telecommunication equipment and development of telecom software.

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L&T Technology Services to hold board meeting
Nov 02,2016

L&T Technology Services will hold a meeting of the Board of Directors of the Company on 10 November 2016, to consider and approve the unaudited financial results of the Company for the quarter and half-year ended 30 September 2016 along with the Limited Review Report of the Auditors thereon and to declare interim dividend.

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CMI FPE to hold board meeting
Nov 02,2016

CMI FPE will hold a meeting of the Board of Directors of the Company on 14 November 2016, to consider and approve the Un-audited Financial Results of the Company for the quarter and half year ended 30 September 2016.

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Venmax Drugs & Pharmaceuticals to hold board meeting
Nov 02,2016

Venmax Drugs & Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 14 November 2016, to consider and take note of the Unaudited financial results for the quarter ended 30 September 2016.

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Kings Infra Ventures to hold board meeting
Nov 02,2016

Kings Infra Ventures will hold a meeting of the Board of Directors of the Company on 12 November 2016.

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Jet Airways (India) to hold board meeting
Nov 02,2016

Jet Airways (India) will hold a meeting of the Board of Directors of the Company on 11 November 2016, to approve the Unaudited Financial Statements for the second quarter and half year end 30 September 2016 (Q2).

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ABans Enterprises to hold board meeting
Nov 02,2016

ABans Enterprises will hold a meeting of the Board of Directors of the Company on 9 November 2016, to consider and approve the Financial Results of the Company along with the limited review report for the Quarter ended 30 September 2016.

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Rubfila International to hold board meeting
Nov 02,2016

Rubfila International will hold a meeting of the Board of Directors of the Company on 11 November 2016, to approve the Un-audited Financial Statement for the Quarter ended 30 September 2016

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