ASCI UPHELD COMPLAINTS AGAINST 109 OUT OF 155 ADVERTISEMENTS

In May 2016, ASCI’s Consumer Complaints Council (CCC) upheld complaints against 109 out of 155 advertisements. Out of109 advertisements against which complaints were upheld, 41 belonged to theHealthcare & Personal Care category, 23to theEducation category, followed by 12 in the Food & Beverages category, 9 in the E-commerce Category, 9 in Consumer Durables Category and 15 advertisements from other categories. HEALTH & PERSONAL CARE  The CCC found the following claims in health care & personal care product or service advertisements of 41advertisers to be either misleading or false or not adequately…

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Balaji Amines PAT up by 105.51%

The Net Profit, increased from Rs. 12.81cr to Rs. 26.34 cr. Sales Increased by 3.81% from Rs. 159.63cr to Rs. 165.72cr.   Balaji Amines Ltd, World’s largest producer of DMA-HCL and India’s largest manufacturer of Aliphatic Amines announced its first quarter result for the FY16-17. On a year-to-year basis, the profit increased by 105.51% from Rs. 12.81 cr to Rs. 26.34 cr. Also The Sales for the quarter ended June 30th; 2016 increased by 3.81% from Rs. 159.63 cr to Rs. 165.72cr. Key Operating Highlights Recorded net sales of Rs….

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Sensex trades flat in early trade, down 31 points

The benchmark BSE Sensex shed over 31 points in early trade today on selling in banking and IT stocks by investors after recent gains amid mixed Asian trends. Investors were cautious ahead of July series expiry in the derivatives segment on Thursday, brokers said. The 30-share barometer, which had gained 384.82 points in the previous two sessions, fell by 31.39 points or 0.11 per cent to 28,063.95. Also, the NSE Nifty declined by 15.20 points or 0.17 per cent to 8,620.45. Among major losers on BSE were Lupin, HDFC Ltd,…

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Sensex, Nifty end higher after choppy trade; ICICI top gainer

In near term Q1 earnings and Monsoon Session of Parliament continued to key triggers for markets. Equity benchmarks ended marginally higher after a choppy trade on Tuesday, recouping some of losses seen in the previous session. For near term market the key triggers are Q1 earnings and Monsoon Session of Parliament. The 30-share BSE Sensex was up 40.96 points at 27787.62 after a swing of 189 points intraday while the 50-share NSE Nifty rose 19.85 points to 8528.55. Nilesh Karani of Magnum Securities says the brokerage holds a target of…

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