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Entertainment Network India (ENIL) has commenced broadcast from its radio station at Tirunelveli (95.0 FM) in the state of Tamil Nadu, which is acquired under Phase 3 auctions.

ENIL is one of the leading entertainment and Media Company. The company operates in three segments: radio broadcasting segment, out-of-home media segment and experiential marketing segment. Radio broadcasting segment operates under the brand Radio Mirchi.


Tribhovandas Bhimji Zaveri is opening its 38th store at G-31 & G-32 consisting of Basement Ground Floor & First Floor Noida, in state of Uttar Pradesh on August 18, 2018.

Earlier, the company had opened its 37th store in Pune, in state of Maharashtra on March 17, 2018.

Tribhovandas Bhimji Zaveri, a well-known jewellery retailer in India, is primarily engaged in selling gold and diamond-studded jewellery.

Tata Consultancy Services (TCS) has been recognized as a leader and Star Performer for the second year in a row in the Everest Group PEAK Matrix for Worldwide Digital Workplace Services. In an assessment of 20 global service providers offering workplace services, the company was positioned highest for market impact and was named Star Performer for having a top quartile year-on-year improvement in scores.

The company's well-defined, end-to-end vision of the future workplace, its consistent and meaningful investments in a workplace services portfolio that aligns to client needs, a strong collaborative culture and high levels of client satisfaction are amongst the key strengths highlighted in the report.

TCS is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.


Shriram City Union Finance is planning to raise funds up to Rs 500 crore. The company intends to issue and allot on private placement basis 5,000 number of secured non-convertible redeemable debentures of face value of Rs 10 lakh each aggregating to Rs 500 crore. The proposal is to be considered by Banking and Securities Management Committee of the Board of Directors in its meeting to be held on August 22, 2018.

Shriram City Union Finance is engaged in non-banking financial services. The Company provides long-term home loans. It also offers a range of options for financing the purchase of two wheeler vehicles across manufacturers and brands.

Mawana Sugars has received an approval for installation of incinerator boiler, evaporators and bagasse shed at its Nanglamal Sugar Complex unit in the state of Uttar Pradesh (UP) with an estimated cost of Rs 29.00 crore. The Board of Directors of the company at their meeting held on August 17, 2018, approved the same.

The board has also approved the proposal to explore the possibility of expansion of NSC distillery by 30 KLPD i.e. from 120 KLPD to 150 KLPD with a view to evaluating the project economics vis-a-vis availability of molasses, bagasse etc. The company has also received approval to apply to Government of India Department of Food and Public Distribution (DFPD) for putting up a new Distillery of 120 KLPD at Mawana Sugar Works (UP) a unit of the company.

Mawana Sugars has been engaged in the business of manufacture and selling of chemicals, sugar and edible oils.

Meghmani Organics (MOL) has proposed a scheme of arrangement for amalgamation amongst Meghmani Finechem (MFL) a Subsidiary and Meghmani Agrochemicals (MAPL), a wholly-owned subsidiary of MOL.

MOL is a leading manufacturer of pigment and pesticide products in the country and is the recipient of several prestigious awards in recognition of its outstanding business performance.

Mangalore Chemicals & Fertilizers has received Environmental Clearance (EC) for the project of expansion cum modernization of fertilizer plant.

The existing capacity for Ammonia plant is 2,47,500 MTs per annum (p.a.) and the proposed additional capacity will be 81,000 MTs p.a. and for the Urea plant the existing capacity is 4,29,000 MTs p.a. which will be increase with an additional capacity of 1,40,400 MTs p.a.

The existing capacity for OAP & NPK plant is 4,01,500 MTs per annum (p.a.) and the proposed additional capacity will be 10,00,000 MTs p.a. and for the SNF/PCE the existing capacity is 85,000 MTs p.a. which will be increased with an additional capacity of 18,000 MTs p.a.

Mangalore Chemicals & Fertilizers is a Fertilizers Manufacturing company situated in the state of Karnataka, India. The company with its wide range of products that include Urea, Di-Ammonium Phosphate, Muriate of Potash, Granulated Fertilizers, Micronutrients, Soil Conditioners and Specialty Fertilizers, touches and enriches the lives of farmers across Southern India.
 

CG Power & Industrial Solutions (CG) has entered into a strategic alliance agreement with TENAGA Switchgear Sdn. Bhd., Malaysia (TSG) to leverage each company's unique strengths and assets to expand market reach and enhance customer base in Southeast Asia-Pacific (SEAP), particularly Malaysia.

The alliance further cements the existing strong bond between CG and TSG where CG is already a key partner to Tenaga Switchgear on Power Transformers and Circuit Breakers. The agreement between the companies includes product development and promotion of 11 kV Gas Insulated Switchgear (GIS) in Malaysia to address the rapidly growing demand in this region.

Avantha Group Company CG Power and Industrial Solutions (formerly Crompton Greaves) is a global pioneering leader in the management and application of electrical energy. CG provides end-to-end solutions that meet all electrical needs of its customers. CG’s offerings include electrical products, systems and services for utilities, power generation and industries.

Cigniti Technologies has opened its 4th offshore delivery center at Hyderabad in the state of Telangana. The new facility with 37000 sq. ft. will accommodate around 400 employees. Overall Cigniti has around 2 lakh sq. ft. of space which accommodates over 2100 employees.

This new facility would further help Cigniti cater to its strategic clients which also includes companies in Fortune 500 and Global 2000, to deliver high end software Quality Engineering solutions.

Cigniti Technologies is engaged in software testing business. The company offers Quality Engineering, Advisory and Transformation, Next Generation Testing and Core Testing.


Goa Carbon has completed the maintenance work at the Goa Unit and the Kiln has been lit up. After preliminary heat up, feeding of raw material will commence and normal production is likely to resume from, August 18, 2018.

Goa Carbon is into the business of manufacturing and marketing Calcined Petroleum Coke. Goa Carbon is firmly established as a leading Indian petcoke calciner. It is a regular supplier to aluminium smelters, graphite electrode and Titanium Dioxide manufacturers, as well as other users in the metallurgical and chemical industries.

Revenue showed a marginal decline at Rs. 0.00 millions. For the quarter ended June 2018, as compared to corresponding quarter of last year.The Net Loss for the quarter ended June 2018 is Rs. -0.54 millions as compared to Net Loss of Rs. -1.73 millions of corresponding quarter ended June 2017 Operating profit Margin for the quarter ended June 2018 improved to -0.54% as compared to -1.48% of corresponding quarter ended June 2017


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201806 201706 % Var 201806 201706 % Var 201803 201703 % Var
Sales 0.00 0.00 0.00 0.00 0.00 0.00 12.81 17.54 -26.97
Other Income 1.50 1.08 38.89 1.50 1.08 38.89 0.00 0.00 0.00
PBIDT -0.54 -1.48 -63.51 -0.54 -1.48 -63.51 3.12 3.15 -0.95
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT -0.54 -1.48 -63.51 -0.54 -1.48 -63.51 3.12 3.15 -0.95
Depreciation 0.00 0.25 0.00 0.00 0.25 0.00 0.99 1.39 -28.78
PBT -0.54 -1.73 -68.79 -0.54 -1.73 -68.79 2.13 1.76 21.02
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.19 -100.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -0.54 -1.73 -68.79 -0.54 -1.73 -68.79 2.13 1.57 35.67
Equity 0.00 29.87 0.00 0.00 29.87 0.00 29.87 29.87 0.00
PBIDTM(%) 0.00 0.00 0.00 0.00 0.00 0.00 24.36 17.96 35.62
The Total revenue for the quarter ended June 2018 of  Rs. 122.76 millions remain, more or less, the same.Net profit was down at Rs. 1.03  millions against Rs. 5.74 millions recorded in the corresponding quarter a year ago.The net profit spiraled down by -82.06%.Operating profit for the quarter ended June 2018 decreased to 7.24 millions as compared to 10.47 millions of corresponding quarter ended June 2017.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201806 201706 % Var 201806 201706 % Var 201803 201703 % Var
Sales 122.76 120.39 1.97 122.76 120.39 1.97 442.53 433.55 2.07
Other Income 7.35 14.60 -49.66 7.35 14.60 -49.66 44.20 96.78 -54.33
PBIDT 7.24 10.47 -30.85 7.24 10.47 -30.85 43.89 74.80 -41.32
Interest 1.61 1.64 -1.83 1.61 1.64 -1.83 5.79 52.39 -88.95
PBDT 5.63 8.83 -36.24 5.63 8.83 -36.24 38.10 26.81 42.11
Depreciation 4.45 3.17 40.38 4.45 3.17 40.38 14.87 14.21 4.64
PBT 1.18 5.66 -79.15 1.18 5.66 -79.15 23.24 12.60 84.44
TAX 0.15 -0.08 -287.50 0.15 -0.08 -287.50 3.99 4.09 -2.44
Deferred Tax -0.22 -0.08 175.00 -0.22 -0.08 175.00 -1.26 -3.94 -68.02
PAT 1.03 5.74 -82.06 1.03 5.74 -82.06 19.25 8.50 126.47
Equity 49.78 49.78 0.00 49.78 49.78 0.00 49.78 49.78 0.00
PBIDTM(%) 5.90 8.70 -32.18 5.90 8.70 -32.18 9.92 17.25 -42.50
A minor change in the total revenue was seen in the June 2018 quarter. The total revenue for the quarter stood at Rs. 0.09 millions against Rs. 0.00 millions during year ago period.The Net Loss for the quarter ended June 2018 is Rs. -0.60 millions as compared to Net Loss of Rs. -0.39 millions of corresponding quarter ended June 2017 Operating profit Margin for the quarter ended June 2018 further decreased to -0.46% as compared to -0.38% of corresponding quarter ended June 2017


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201806 201706 % Var 201806 201706 % Var 201803 201703 % Var
Sales 0.09 0.00 0.00 0.09 0.00 0.00 0.24 1.89 -87.30
Other Income 0.01 0.00 0.00 0.01 0.00 0.00 0.31 2.56 -87.89
PBIDT -0.46 -0.38 21.05 -0.46 -0.38 21.05 -0.95 2.80 -133.93
Interest 0.00 0.07 0.00 0.00 0.07 0.00 0.07 1.08 -93.52
PBDT -0.46 -0.45 2.22 -0.46 -0.45 2.22 -1.02 1.72 -159.30
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT -0.46 -0.45 2.22 -0.46 -0.45 2.22 -1.02 1.72 -159.30
TAX 0.14 -0.07 -300.00 0.14 -0.07 -300.00 -0.36 0.03 -1300.00
Deferred Tax 0.14 -0.07 -300.00 0.14 -0.07 -300.00 -0.36 -0.01 3500.00
PAT -0.60 -0.39 53.85 -0.60 -0.39 53.85 -0.66 1.69 -139.05
Equity 56.00 56.00 0.00 56.00 56.00 0.00 56.00 56.00 0.00
PBIDTM(%) -511.11 0.00 0.00 -511.11 0.00 0.00 -395.83 148.15 -367.19
The revenue for the June 2018 quarter is pegged at Rs. 0.00 millions against Rs. 0.00 millions recorded during the year-ago period.The Net Loss for the quarter ended June 2018 is Rs. -0.54 millions as compared to Net Profit of Rs. 0.04 millions of corresponding quarter ended June 2017Operating profit Margin for the quarter ended June 2018 slipped to -0.54% as compared to 0.04% of corresponding quarter ended June 2017


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201806 201706 % Var 201806 201706 % Var 201803 201703 % Var
Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 -100.00
Other Income 0.02 0.10 -80.00 0.02 0.10 -80.00 0.18 0.38 -52.63
PBIDT -0.54 0.04 -1450.00 -0.54 0.04 -1450.00 -1.46 0.48 -404.17
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT -0.54 0.04 -1450.00 -0.54 0.04 -1450.00 -1.46 0.48 -404.17
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT -0.54 0.04 -1450.00 -0.54 0.04 -1450.00 -1.46 0.48 -404.17
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -0.54 0.04 -1450.00 -0.54 0.04 -1450.00 -1.46 0.48 -404.17
Equity 30.00 30.00 0.00 30.00 30.00 0.00 30.00 30.00 0.00
PBIDTM(%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 48.00 -100.00

Prism Johnson has awarded LOIs (Letter of Intent) for development of Captive Solar Power Projects via Special Purpose Vehicles (SPVs) at its manufacturing facilities located at Satna and Dewas in state of Madhya Pradesh, Pen in state of Maharashtra, Kunigal in state of Karnataka and Karaikal in state of Puducherry with an aggregate capacity of 22 MW.

These captive solar power projects are likely to be commissioned in next six to eight months timeframe. The company shall invest approximately Rs 8 crore in Captive Solar Power Projects towards acquiring the equity shareholding of 26% in the relevant SPV.

Prism Johnson (formally known as Prism Cement) is a building materials company. The company has interest in Portland cement, tiles, bathroom and kitchen (TBK) and ready mixed concrete (RMC).

Zensar Technologies has been recognized in the Gartner Market Guide for Salesforce Implementation Services by Gartner Analysts. This Research focuses on CRM and CX consulting and implementation projects that utilize Salesforce software to achieve the goals set out by sales, marketing, customer service, field service, digital commerce leaders and chief digital officers.

Zensar Technologies operates as a software service company. It is engaged in software development, networking, e-commerce, and systems integration services. It also provides consulting, collaboration services and business process outsourcing services.

Fine Organic Industries has reported results for first quarter ended June 30, 2018.

The company has reported around 3-fold jump in its net profit at Rs 37.07 crore for the quarter under review as compared to net profit of Rs 13.18 crore for the same quarter in the previous year. Total income of the company increased by 33.87% at Rs 248.60 crore for Q1FY19 as compared Rs 185.70 crore for the corresponding quarter previous year.

Fine Organic Industries produces a wide range of specialty plant derived oleo chemical -based additives used in food, plastic, cosmetics, paint, ink, coatings and other specialty application in various industries.

Motherson Sumi Systems (MSSL) has received the coveted ‘AAA’ rating from India Ratings and Research. The outlook is stable. MSSL’s diversified customer base and product profile, strong track record of revenue growth and profits, ability to turnaround acquisitions, global manufacturing footprint and high ROCEs in key businesses, good liquidity across the consolidated profile were some of the key factors for receiving the rating.

Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.


Trigyn Technologies’ wholly owned subsidiary - Trigyn Technologies, Inc., has been awarded a contract, to provide Enterprise Staffing Services for the state of Minnesota in US. The contract is for duration of four and a half years, to January 2023.

The Services covered under the contract include: Analyst, Architecture, Database Administration / Development, Desktop Application Support, Developer / Programmer, E-Commerce, Geographic Information Systems (GIS) etc. This award facilitates the continued expansion of Trigyn’s Public Sector business and presence in the region.

Trigyn Technologies is a public multi-national Information Technology firm providing custom software solutions, Managed Services, Staff Augmentation and consulting services to clients in 16 countries across Asia, North America, Europe and Africa.


Tata Consultancy Services’ (TCS) flagship product TCS BaNCS along with its customer DBS Bank, received the coveted award for Financial Markets Technology Implementation of the Year- Best Custodian System Implementation at The Asian Banker Financial Markets Awards 2018.

TCS BaNCS is a leader in the custody solution space and helps financial service providers keep pace with the latest market changes, regulations, standards and technologies. DBS worked with TCS to move its existing custody application to the latest technology stack to future-proof its business, extend offerings and normalize operations. The new TCS BaNCS solution at DBS Bank is an integrated system that caters to global, regional and even local requirements. It offers seamless services to end-customers across diverse markets, harnessing the benefits of enhanced local and global custody reach.

TCS is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.

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