Inox Wind Q1 -Net profit down 73.7 percent at Rs 18.1 crore versus Rs 68.8 crore (YoY) -Total income down 36.1 percent at Rs 376.8 crore versus Rs 589.4 crore (YoY) -EBITDA down 59.4 percent at Rs 38.7 crore versus Rs 95.2 crore (YoY) -EBITDA margin at 10.3 percent versus 16.2 percent (YoY) MEP
Cipla -Gets final US FDA approval for generic Enablex tablets -Generic Enablex had US sales of USD 85 million till June 2016 Alert: Generic Enablex is used for incontinence Bombay Dyeing -Acquires 4.32 percent stake in Archway Investment for Rs 12.56 crore at Rs 559.75/share -Post-acquisition company now holds 100 percent in Archway Investment Ansaldo STS & ZTE Corp -Together win contract worth 38.8 million euro for Noida Metro -Contract value for Ansaldo is 26 million euro in Delhi Metro Contract won with ZTE ENIL says -To launch 3 new channels today -To launch channels in Surat (91.9 FM), Ahmedabad (104 FM) & Jaipur (104 FM) Mindtree says -Margins will be lower than planned with EBITDA margin falling in Q2 -Expect Q2 revenue to be lower than Q1 -Bluefin business is expected to report an EBITDA loss for Q2 -Savings derived from initiatives not enough to offset income slowdown in Q2 -Slower revenue momentum in H1 FY17 will delay aspiration to grow margin Motherson Sumi -Shareholders approve equity share issue to Sumitomo Wiring Systems -Shareholders approve issue of FCCBs to Sumitomo Wiring Systems -Shareholders approve issue of equity shares via QIP
Infosys -Enters JV with Saudi Prerogative Co to conduct IT services -Company to hold 70 percent in JV with Saudi Prerogative DEN Networks -To demerge broadband/internet service provider business into Skynet -Turnover of broadband business in FY16 at Rs 40.6 crore, 3.5 percent of total turnover
NBCC secures total business worth Rs 614.83 crore during August 2016 -Piccadily Agro board recommends 1-for-1 bonus issue -August Auto Sales: Force Motors total sales at 2,916 units, production at 3,321 units -Nutraplus India approves converting Rs 1 lakh warrant held by non-promoter to shares -Indiabulls Housing Finance considering issue of rupee denominated bonds to overseas investors -Ujjivan Financial Services completes securitisation of receivables of Rs 172.54 crore -DLF completes deal with Cinepolis to sell DT Cinemas' 7 screens worth Rs 63.7 crore -Equitas says Equitas Small Finance Bank commences operations on September 5 -Sterling Biotech board approves issuing unlisted non-convertible preference shares -Birla Precision seeks shareholder nod to appoint Vedant Birla as CMD
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