Ahmedabad 30-10-2015 CHANAKYA Friday NI POTHI CG to sell power biz How a rail link will put Ib- Exide Industries profit up to PTI Holdings valley on the country’s coal map The Avantha Group company the transformer business as a part A project scheduled for producing a mere 8.5 mt from CG has announced the sale of its of the acquisition of the Pauwels 24% on weak lead prices completion in 2009 is close Vasundhara and Kuldah Canadian power transformer group. The business unit is based to seeing the light of day. opencast mines, with a business to PTI Holdings Corp for in Winnipeg, Canada. It The 48-km Jharsuguda- combined capacity of 21 mt. Weak market conditions against a marginal decline in net decline since the beginning of notwithstanding, the lead-acid sales from approximately Rs. this fiscal and touched 52-week C$20 million. The deal is subject manufactures power transformers Barapali rail link — Because it is a struggle to battery major Exide Industries on 1,760 crore to Rs. 1,736 crore. low this month. to post-closing adjustments and for utilities across Canada. It designed to evacuate coal evacuate fuel from the Wednesday reported nearly 24 The profits were clearly PK Kataky Managing regulatory approvals. The transfer manufacturing capacity is 7,200 from the resource rich Ib- region, much of the per cent rise in net profit in July- attributed by nearly 24 per cent Director and CEO admitted the of the business will be effective MVA per year and it employs valley region of Odisha — production is piled up at September quarter, riding decline in raw material cost from positive impacts of decline in raw October 27, CG said in a around 200 people, the statement was till May 2014 making pithead. statement. In 2005, CG took over said. primarily on decline in raw Rs. 1,007 crore. The mammoth material cost. According to him, limited progress because of Sahay says the rail link material costs. Rs. 315 crore savings on raw efforts of the management over issues of forest clearances will put Ib-valley on the The company has also material cost came on the back the years towards cost reduction Lite Bite Foods and land acquisition. country’s coal map. “With announced an interim dividend of steady decline in lead prices have started bearing fruit. This, The Modi government’s evacuation facilities in place, of Rs. 1.60 on shares of Rs. 1 over the last six months. “along with softer lead price have arrival changed everything. MCL can produce up to 20 mt face value each. Lead is the primary raw led to significant improvement in “Except a few stretches of in 2016-17 itself,” he says. Exide’s net profit went up to material to manufacture lead- EBIDTA (earnings before launches FooGo app 50-100 metres, the track laying resolved in the next few months Production will increase to Rs. 156 crore during the last acid batteries that has both interest, taxes, depreciation and Lite Bite Foods has launched consumer tastes and choices by is nearly complete,” says AN and I wouldn’t be surprised if the nearly 50 mtpa over the next quarter from nearly Rs. 126 crore automotive and industrial amortization) margin in the a new food discovery and delivery allowing customers to skip the Sahay, Chairman of Sambalpur- line is thrown open before the couple of years as new mines in the corresponding period last applications. The base metal September quarter,” he said in a app at the Mumbai and Delhi queue at airport restaurants. We based Mahanadi Coalfields Ltd. end of the revised deadline in such as Garjanbahal are brought year. The higher profits came price was consistently on the company release. airports called FooGo. This app have also kept the app open for MCL is a wholly-owned June 2016,” Sahay told Line . on stream. enables travellers discover places restaurant brands to get listed on subsidiary of state-owned Coal Shot in the arm CIL will also have in place to eat and also offers them the it, as it plays a significant role in India. So, what does it mean for facilities to move coal by a Max Healthcare to acquire BK option of having a meal delivered generating business.” Sahay, who on Wednesday Coal India or its consumers? conveyor belt from mine to silos at their check-in gate within their Lite Bite, which operates made a trolley-inspection of the Higher output. for mechanised loading into boarding time. travel food & beverage retail single-track rail link, said By current estimates, the wagons. Modi’s Saket City Hospital Amit Burman, Chairman, company, said consumer mobile construction is held up in a few Vasundhara area in Ib-valley can “In the next four-five years, said: “The FooGo app provides us media was a key focus for the places due to such minor issues produce a minimum of 80 million Ib-valley will be India’s major Max Healthcare, which owns a platform to interact with the company. as shifting of overhead electricity tonnes a year. This includes coal producing zone with track a chain of super speciality lines or demands from villagers Siarmal deposits that alone can capacity doubled and large hospitals in North India, has JSW Energy posts Rs. 491 for road over-bridges. “I am sure produce 50 mt a year. mining projects in place,” adds decided to acquire 51 per cent the pending issues will be But till last year, CIL was a confident Sahay. stake in Saket City Hospital in South Delhi from BK Modi’s cr profit on low fuel cost Singapore-based Smart Health City Pte Ltd, the company holding Beating an atmosphere of subsidiary of Jaiprakash Power VW extends test & fix plan this hospital asset. gloom in the power sector, JSW Ventures Ltd, for an asset value of Max Healthcare, which Energy has clocked a 54 per cent Rs. 9,275 crore. announced the deal on Wednesday, increase in net profit for the It resulted in increasing of did not disclose the value of the quarter ended September 30. power generation capacity to 4,531 for India-made diesel cars transaction, saying it was “subject The profits were higher due to MW from 3,140 MW. to confirmatory diligence, requisite increase in income from The fuel cost for the quarter German carmaker regulatory approvals and other operations and reduction in under consideration declined by 12 Volkswagen hopes that Indian customary conditions.” expenses on fuel. per cent year to Rs. 1,070 crore authorities will accept a plan Saket City Hospital, adjacent For the quarter, the company from Rs. 1,223 crore in the year similar to the one that the to Max Super-Speciality Hospital reported a net profit of Rs. 491 ago quarter. company has agreed upon with in the area, will be now rebranded crore, which in the year ago The dip in fuel cost was due the European authorities to test as Max Smart Super Speciality quarter was Rs. 318 crore. to reduction in the FOB cost of and fix the diesel engines affected Hospital, the company said in a The income from operations imported coal driven by lower by the emissions cheating scandal statement. for the quarter increased by 12 per international prices. that hit the company recently. The BK Modi-owned Saket cent to Rs. 2,419 crore ( Rs. 2,216 At the closing of the trading A task force is looking into the City Hospital began operations in Healthcare, said: “The ability to destination.” crore). hours on the BSE, the stock was issue of India-made diesel cars. 2013 and has 230 beds. It plans to create a 2,000 bed world class Andre Meyer, CEO, Life During the quarter, the at Rs. 87.85, a decline of 3.62 per “As the engines for India are expand this to 300 beds. integrated Medicity is a life Healthcare, South Africa, said: company acquired Himachal cent over the previous closing using that homologation “Max Healthcare plans to changing opportunity for Max “This brownfield expansion will Baspa Power Company Ltd, a price. procedure, we think that could be further expand this facility by 900 Healthcare.” accelerate value creation. Max a master plan to talk to the Indian additional beds, thereby expanding BK Modi, Founder & Healthcare is our first large-scale government and we hope for their Saket City Hospital’s capacity to Chairman, Smart Global Group, healthcare platform outside Amara Raja posts acceptance. The plan is a detailed India-made diesel cars were hatchback till further notice. 1,200 beds,” the company said, said: “The partnership will be Southern Africa and its continued schedule for all types of engines, affected. Volkswagen was found to have adding that together with Max transformational for healthcare success has strengthened our Super Specialty Hospital, it will delivery in North India. Max’s commitment to India….” what we are going to do and how After the emissions scandal fudged on the emission tests of its now have a footprint of over 2,000 reputation as a premier healthcare Multinational consultancy we are going to test the engines broke out, the Government of diesel engine cars in the US, Rs. 123 cr net in Q2 beds in Saket, “making it one of provider and the expertise of their firm EY acted as the advisor to the and when we are going to release India ordered an investigation following which its then CEO the largest single-location international joint venture partner transaction. Backed by robust the corresponding quarter last a new software batch or even whether diesel vehicles sold in Martin Winterkorn quit. performance by the automotive year. healthcare facilities in India.” Life Healthcare, South Africa, will Max Healthcare is an equal modify the hardware,” Herbert India had the “defeat device” to The process to fix the engines, Commenting on the act as a catalyst for Smart Health joint venture with Life Healthcare, business, Amara Raja Batteries In the last financial year Diess, CEO, Volkswagen circumvent local emission test according to Diess, will take partnership, Rahul Khosla, MD, City’s aspirations of creating a South Africa, with both partners has posted a net profit of Rs. 123 ended March 31, 2015, the Passenger Cars, told the norms. The state-run testing several months because it is a Max India and Chairman, Max world-class healthcare holding 45.94 per cent stake each. crore for the quarter ended company had closed with a net BusinessLine and The Hindu at agency Automotive Research bunch of different engines. September 30, 2015, against a profit of Rs. 411 crore and a the Tokyo Motor Show today. A Association of India (ARAI) is “The fixes are different. Some profit of Rs. 100 crore logged turnover of Rs. 4,210 crore. major achievement over the past expected to shortly file a report of the engines we can fix by for the corresponding quarter The automotive battery few weeks was the agreement with on its investigation. updating the software. The plan What does Vidya Balan have to say last year. business continues its robust the European authorities to fix the Earlier this month, will be a comprehensive plan, The batteries major recorded growth across verticals and the engines. “Yes, they are affected,” Volkswagen India had asked its which will lead us into next year.” sales income of Rs. 1,158 crore industrial battery business he said, in response to whether dealers to stop selling the Polo Addressing journalists on the about returning her National Award? for the second quarter ended registered moderate volume press day at the motor show, Diess Vidya Balan giver her opinion on returning the National Award like many September 30, 2015, up nine per growth over the second quarter Ambuja Cements net dives apologised for what had happened cent against Rs. 1,060 crore for of the previous financial year. as far as the emissions testing was other artists recently… concerned. Volkswagen did Indian Bollywood star SHRI JAGDAMBA POLYMERS LIMITED 36% on lower realisation something that was wrong and Vidya Balan on Thursday Registered Office : 802 NARNARAYAN COMPLEX, NR. NAVRANGPURA Ambuja Cements has that went against everything the said she will not give back POST OFFICE, NAVRANGPURA 380 009, AHMEDABAD, GUJARAT company stood for. Tel No. 079-26565792, Fax No. 079-26430201, www.shrijagdamba.com reported 36 per cent fall in her national award as it was The company’s immediate CIN : L17239GJ1985PLC007829 its September quarter net an honour bestowed on her NOTICE profit at Rs. 154 crore task was to find out how and what by the country and not the Notice is hereby given that the meeting of the Board of Directors of the against Rs. 226 crore went wrong, set that right and government.The comment th then begin the long process to Company will be held on Monday, 09 November, 2015 at 4.00 p.m. at logged in the same period come in the backdrop of the registered address of the company for the consideration of (a) last year. The drop in regain customer confidence. th some eminent film Unaudited quarterly results for the quarter ended on 30 September, 2015. profit was largely due to On regaining customer (b) To fix dates of Book Closure. (c) Any other Matter which the Board personalities returning their lower realisation. confidence, Diess said “you lose deems fit, with the permission of the Chairman. National Awards in Sales were down four confidence very fast and you Please also note that the trading window shall remain close from date of solidarity with FTII per cent at Rs. 2,095 crore regain very slowly. So, it is hard the letter till two Working days after the date of declaration of results. ( Rs. 2,189 crore). and diligent work.” He was, students and against growing intolerance in the For, Shri Jagdamba Polymers Limited Cement production however, confident that country. ”This honour (the Sd/- was up three per cent at Volkswagen would be able to win award) is by the nation and Date : 29th October, 2015 Managing Director 4.82 million tonnes (4.67 back the trust of its buyers. Place : Ahmedabad R.K. Bhojnagarwalla mt). Despite higher He believed diesel continued not the government. So I do production, the to be an attractive engine option, not want to return it,” Balan profitability was impacted especially in mid- and large-size said at the ‘India Today’ Conclave here. DYNAMIC INDUSTRIES LIMITED by the seven per cent fall cars. However, there was a likely Balan had won the National award for the best actress for her performance in ‘The Dirty Picture’ in Regd. Office : Plot No. 5501/2, Phase - III, Nr. Trikampura Cross in realisations, said the company Rabriyawas plant in Rajasthan. Roads, G.I.D.C., Vatva, Ahmedabad – 382 445 shift from diesel engines to petrol 2012. Tel : 25897221-22-23, Fax: 25834292 in a statement on Wednesday. The board accepted and engines as far as compact cars Filmmakers Dibakar Banerjee and Anand Patwardhan were among the 10 film personalities who CIN : L24110GJ1989PLC011989 The company has made a approved the resignation letter of were concerned. have returned their National Awards in solidarity with FTII students and against growing intolerance in Email : [email protected] Website : www.dynaind.com provision of Rs. 40 crore for the Sanjeev Churiwala, Chief He added that there would be the country. Banerjee and other filmmakers said their decision to return the awards was taken in view of NOTICE District Mineral Foundation and Financial Officer. He will be a greater shift to “electrification” the apathy displayed by the government in addressing the issues raised by the FTII students and the National Mineral Exploration relieved from duty with effect from Pursuant to Clause 41 of the Listing Agreement, Notice is hereby of cars. While hybrid cars were general environment of intolerance against debate. given that meeting of Board of Directors of the Company is Trust. The provision includes November 16. The Board is already in the market, plug-in On Wednesday, the FTII students ended their 139-day-old strike to return to the classes against the scheduled to be held on 7th November, 2015, Saturday, at 5:30 contribution of Rs. 27 crore looking for a suitable successor in hybrids would gain greater appointment of actor and BJP member Gajendra Chauhan as chairman of the prestigious institute, but P.M. at the registered office of the Company, inter-alia to consider towards the previous quarters. place of Churiwala. In the acceptance going forward and the said they will continue to seek his removal. Meanwhile, Vidya Balan said she was not interest in joining and take on record Unaudited Standalone Financial Results and Earnings before interest, tax, meantime, Sanjay Khajanchi, next step would be more electric Statement of Assets and Liability for the quarter/half year ended depreciation and amortisation were currently joint president, corporate politics and would “fail miserably” at it. vehicles, he said. on 30th September, 2015. down 1.39 per cent during the controlling will serve as the interim “Electrification is a trend in She also said that working towards social causes should be an individual decision and no one should By order of Board quarter. CFO, it said. the industry. It is irreversible. That be compelled to work for a particular cause. The 37-year-old actress will be next seen in the Marathi film Sd/- Ambuja Cements has Shares of the company were up is why we also announced that we ‘Ek Albela’, a biopic on actor-director Bhagwan Dada. She will be portraying golden era actress Geeta Date : 28th October, 2015 Chintan Nareshkumar Amlani commissioned a waste heat two per cent at Rs. 209 on will invest more money in electric Bali in the film. The film is scheduled for release in January next year. Place : Ahmedabad Company Secretary recovery system of 6.5 MW at its Wednesday. cars.”