Mumbai, Oct 12 (PTI) Goa Carbon Ltd (GCL), a Dempo group company today reported 191 per cent jump in net profit at Rs 13.76 crore for the for the second quarter ended on September 30, 2017 as compared to Rs 4.72 crore for the same period last year.

GCL is the second largest manufacturer of calcined petroleum coke (CPC) in the country. The company’s revenue from operations has gone up to Rs 151.71 crore in Q2 FY18 from Rs 91.55 crore last year.

Goa Carbon chairman Shrinivas V Dempo said, “We are delighted to achieve 100% capacity utilisation, during the quarter September 2017. We attribute this growth to a growing demand for aluminium and steel in the country which has also favoured our growth during this quarter.” “Our next six months order book position also looks strong and we are confident to maintain our position,” he said.


Siddharth Education Services lists on BSE -SME platform Mumbai: Siddharth Education Services Ltd’s shares today got listed and closed at Rs 42 on SME platform of BSE as against the price band was Rs 30 to Rs 35 per equity share.

The company made an IPO of 31,08,000 equity shares of Rs 10 each.

The present size of education services business will grow inorganically as a result of its expansion activities in HR Training and IT platform creation and marketing. He also stressed upon the entry in skill development, being a huge unexplored sector, Siddharth Education Services chairman Vinay Bhagwat said.

Siddharth Education Services is a tutorial coaching services for students of professional courses and have been able to achieve a competitive position in the state of Maharashtra, with primary operations based in Mumbai. The company has presence in the form of 4 coaching centres in Dombivli, Thane, Vashi and Dadar. It has a team of 22 faculty members.

************************************************ Just4uloan to open ten branches across India Mumbai: Just4uloan, India’s fast emerging private sector financial intermediary and a leading online loan syndication portal announced plans to open ten new branches across the country.

“Our philosophy is to expand network and provide exceptional loan & debt management, business finance and other financing solutions across all major locations of the country, within and outside Maharashtra. Within the time frame of two years, we plans to extend our network to both urban and rural areas across the geographical spread,” non executive chairman Jayesh Kala said.

The aforesaid new branches will be fully operational in 3 months. The key services provided at these branches will cover assistance to retailers, wholesalers & SME’s who deserve special attention. It will also focus on education loan and government sponsored loans such as mudra loan & standup loan from various Banks and FIs.

These branches will be equipped with latest technology to improve customer service and enhance customer satisfaction on a ongoing basis, Kala said.


Boston Scientific elects Warren Wang as president of Asia Pacific

Mumbai: Boston Scientific Corporation today announced the appointment of Warren Wang as senior vice president and president, Asia Pacific, effective January 1, 2018. He will serve as a member of the Boston Scientific executive committee and have responsibility for overseeing the company’s continued growth in the Asia Pacific region.

With extensive experience in the medical technology industry, Warren currently serves as president and managing director, North Asia, Boston Scientific, and leads the company’s business in China, Hong Kong, Taiwan and South Korea.

“The opportunities and complexities of the Asia Pacific healthcare market offer new inroads and alternatives in the advancement of market appropriate medical technology and access to high quality care,” said Mike Mahoney, chairman and chief executive officer, Boston Scientific.

Warren will succeed Supratim Bose, who will retire as executive vice president and president, Asia Pacific, Middle East and Africa (AMEA), at the end of 2017.

This is published unedited from the PTI feed.