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Infosys reports its June 2016 earnings results

Bengaluru, Jul 15 (IBNS): India's second largest IT exporter, Infosys reported its results for the first quarter (ending June 30, 2016) on Friday, which showed that the company's quarterly revenue was up 1.4 per cent from the preceding quarter (q-o-q) and 16.9 per cent from the same quarter a year ago (y-o-y) to Rs 16,782 crore but its net profit declined 4.5 per cent q-o-q but was up 13.4 per cent y-o-y to Rs 3,436 crore.

Petrol,diesel prices slashed

New Delhi, July 15 (IBNS) Giving relief to consumers, petrol and diesel prices were reduced on Friday, officials said.

UK welcomes issuance of HDFC's Masala bond at London Stock Exchange

London, July 15 (IBNS): UK Trade and Investment has welcomed the world's first Masala bond issued by an Indian corporate HDFC at the London Stock Exchange.

Axis Bank inaugurates its “All Women Branch” in West Bengal

Kolkata, July 15 (IBNS): Axis Bank, India’s third largest private sector bank, today announced the opening of its “All Women Branch’’ in Kolkata, the first of its kind branch in the state of West Bengal.

Aditya V Agarwal takes charge as president of Indian Chamber Of Commerce

Kolkata, July 15 (IBNS): Aditya Vardhan Agarwal, Director, Emami Group of Companies has been elected as the President of the Indian Chamber of Commerce for the year 2016-17.

Idea slashes Internet rates; now offers upto 45% more on 4G, 3G and 2G Data packs

Mumbai, July 15 (IBNS): To drive mobile internet penetration and adoption across the country, Idea Cellular, India’s fastest growing telecom operator, on Friday slashed mobile internet rates to offer more value to customers on their 4G, 3G and 2G data packs. Now Idea users can get up to 45% more data benefits on sachet packs below 1 GB.

Kolkata start-up aspirants get a leg up from mentors

Kolkata, July 15 (IBNS): The newly formed Kolkata Ventures and the US Department of Commerce organised a programme called Be UR Own Boss: Starting With ZERO Money, recently in Kolkata, where entrepreneurs from diverse fields -- software to journalism -- shared their journeys of braving all odds to be on their own.

Boston Scientific announces launch of integrated facility in India

Gurugram, July 15 (IBNS) Boston Scientific on Friday officially opened a 100,000 sq. ft. research and development, training and commercial center that will enable it to develop and sell minimally invasive technologies fit for India and the greater Asian market, and train physicians in using them effectively.

Integral PR appoints Sujay Mehdudia as CEO

New Delhi, July 15 (IBNS): Integral PR Services Pvt Ltd on Friday said it has appointed Sujay Mehdudia, a career journalist, to the post of Chief Executive Officer (CEO). Based out of New Delhi, the head-office, Sujay has spent over 25 years as a journalist covering a variety of Central and State government ministries other than politics and the corporate sector.

Jet Airways to operate Boeing 777 aircraft between Mumbai and Dubai

Mumbai, July 15 (IBNS): Jet Airways will operate the Boeing 777-300ER aircraft on one of its daily flights between Mumbai and Dubai to meet growing demand on this sector, an official release stated.

WB: Essar's Raniganj (E) block becomes India's highest CBM producer

Durgapur, Jul 14 (IBNS): As the first company in India, Essar Energy has marked the highest production of Coalbed Methane (CBM) gas with its Raniganj (East) block at the rate of 1 million standard cubic metres per day (scmd).

Indian markets close on a positive note on Thursday

Mumbai, Jul 14 (IBNS): The Indian benchmarks ended Thursday on a fresh 10-month closing high, with Sensex up 126.93 points to 27942.11 and Niftyup 45.50 points to 8565.

TCS reports its financial results for June 2016 quarter

Mumbai, Jul 14 (IBNS): Tata Consultancy Services, the leading IT services, consulting and business solutions firm, on Thursday, reported its consolidated financial results according to IFRS in dollar terms for the quarter ended June 30, 2016.

Airtel launches Happy Hours for pre-paid customers

New Delhi, July 14 (IBNS): Bharti Airtel on Thursday announced the launch of 'Happy Hours' for its prepaid customers.

Datsun receives over 10,000 bookings for redi-GO in India

New Delhi, July 14 (IBNS): Datsun, one of the fastest growing car brands in India, has achieved over 10,000 bookings for its exciting new car, the Datsun redi-GO, since its launch last month.