Aviva India appoints Prashant Sharma as Chief Investment Officer
Kolkata, Mar 16 (IBNS): Aviva Life Insurance on Wednesday announced the appointment of Prashant Sharma as the Chief Investment Officer.
Indian benchmark indices recover to post gains on Wednesday
Mumbai, Mar 16 (IBNS) The Indian benchmark indices, which faced intense selling pressure for the greater part on Wednesday, finally closed in the positive with the Sensex up 131.31 points at 24682.48, and Nifty up 38.15 points at 7498.75.
Rules in respect of Fund Manager Regime under Section 9A of the Income-tax Act, 1961
New Delhi, Mar 16 (IBNS) The Finance Ministry has informed on Wednesday that Rules for operationalisation of the provisions of section 9A of the Income-tax Act, 1961 have been inserted in the Income-tax Rules, 1961 vide notification dated March 15, 2016.
Ministry allows Reliance Power to enhance coal production at SPL mines
Mumbai, Mar 16 (IBNS) Reliance Power Limited informed on Wednesday that the Coal Ministry has allowed the company to produce additional coal at its captive mines under Sasan Power Limited (SPL), a wholly owned subsidiary.
Global crude oil price of Indian Basket was US$ 35.42 per bbl on Tuesday
New Delhi, Mar 16 (IBNS) The international crude oil price of Indian Basket as published on Wednesday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 35.42 per barrel (bbl) on Tuesday. This was lower than the price of US$ 36.47 per bbl published on Monday.
ICICI Bank launches contactless mobile payment solution
Mumbai, Mar 15 (IBNS): ICICI Bank on Tuesday unveiled contactless mobile payment solution to enable its credit and debit customers make in-store contactless payments by just waving their smartphones near an NFC-enabled merchant terminal.
Cosmo Films declares 100% interim dividend
Kolkata, Mar 15 (IBNS): Cosmo Films, a leading global speciality BOPP manufacturer, has announced an interim dividend of 100 percent for the financial year 2015-2016.
Voltas introduces its 2016 range of cooling products
New Delhi /Kolkata, Mar 15 (IBNS): Voltas Limited, India's premier room air conditioner brand from the house of Tatas, reinstated its leadership position by introducing the new 'Voltas All Star ACs', on Tuesday.
Cathay Pacific releases combined traffic figures for February 2016
New Delhi, Mar 15 (IBNS) Cathay Pacific Airways on Tuesday released combined Cathay Pacific and Dragonair traffic figures for February 2016 that show an increase in the number of passengers carried compared to the same month in 2015, alongside a double-digit drop in the volume of cargo and mail uplifted.
Voltas introduces new energy efficient air conditioners
New Delhi, Mar 15 (IBNS) Voltas Limited, one of India's leading room air conditioner (AC) brands from the house of Tatas, has introduced the new Voltas All Star ACs on Tuesday.
Ola upgrades Sedans to offer its ‘Prime Experience’ in Delhi, Mumbai , Bangalore
Mumbai, Mar 15 (IBNS): Ola, India’s leading mobile app for transportation, today announced that Sedan cabs in Delhi, Mumbai and Bangalore have been upgraded to keep up with the high demand for the superior in-cab experience that Prime brings to discerning customers.
Mumbai, Mar 15 (Just Earth News/IBNS): Following a serious accident at the Kakrapar Atomic Power Station in Gujarat on Mar 11, Greenpeace India has called for an immediate investigation by independent experts, of all aging pressurised heavy water reactors (PWHR) in the country. The demand for investigation comes as the Indian nuclear regulator failed to identify the leak within 72 hours of the accident.
ICICI Bank launches India’s first contactless mobile payment solution
Mumbai, Mar 15 (IBNS): ICICI Bank on Tuesday unveiled the country’s first contactless mobile payment solution to enable its credit and debit customers make in-store contactless payments by just waving their smartphones near an NFC-enabled merchant terminal.
RBI announces OMO purchase of Government of India Dated Securities
Mumbai, Mar 15 (IBNS) The Reserve Bank of India (RBI), based on its current assessment of prevailing and evolving liquidity conditions, has decided to conduct purchase of Government securities under Open Market Operations (OMO) for an aggregate amount of Rs150 billion on Thursday (March 17, 2016) through multi-security auction using the multiple price method:
L&T Construction wins orders valued Rs 1,672 crores
Mumbai, Mar 15 (IBNS) The Construction arm of Larsen & Toubro Limited (L&T Construction) has won orders worth Rs 1,672 crores across its various businesses.