Indian Oil observes Oil and Gas Conservation Fortnight 2016
Kolkata, Jan 16 (IBNS): The annual Oil & Gas Conservation Fortnight under the aegis of Ministry of Petroleum & Natural Gas, Government of India, was inaugurated on Saturday at Science City in Kolkata by Haider Aziz Safwi, Minister in Charge, Correctional Administration, Government of West Bengal in presence of R. K. Mohapatra, State Level Coordinator (SLC) and General Manager, West Bengal State Office, Indian Oil Corporation Ltd., Kolkata and other senior officials of the Oil Industry.
AFORD Homes expo starts in Bhubaneswar
Bhubaneswar, Jan 16 (IBNS): Association for Odisha Realestate Developers (AFORD) is one of the most prominent recognized body of the Real Estate Developers in Odisha.
Ola launches Road Safety Initiative in Kolkata
Kolkata, Jan16 (IBNS): Ola, India's leading mobile app for transportation today announced the launch of its Road Safety Initiative in Kolkata in association with The Bidhannagar Traffic Police. Under the campaign, Ola will celebrate "Road Safety Week" in Kolkata between Jan 10 and 16 to drive home the message against over speeding and drunk driving.
New Delhi, Jan 16 (IBNS) SoftBank CEO Masayoshi Son feels that the century belongs to India.
Facebook COO donates 31m USD in FB Stock to charity
California, Jan 16 (IBNS) Days after Mark Zuckerberg pledged to donate 99 per cent of his company shares to charity, another Facebook top-gun followed the same path as COO Sheryl Sandberg donated an estimated 31 Million USD in FB stock to charity recently.
Start-Up India will end licnece raj, restrict state's role in entrepreneurship : Arun Jaitley
New Delhi, Jan 16 (IBNS) Finance Minister Arun Jaitley on Saturday inaugurated the launch of the government’s 'Start-up India' initiative, saying it will change the conventions of licence raj and restrict the role of the state in entrepreneurship.
New Delhi, Jan 15 (IBNS): Giving relief to consumers, Petrol and diesel prices were reduced on Friday, officials said.
West Bengal microfinance sector has huge potential to grow: Experts
Kolkata, Jan 15 (IBNS): There is an enormous scope for investment in the microfinance sector in West Bengal if banks provide uniform support to the MFIs (microfinance institutions), said experts in the field here at a summit of microfinance sector this week.
Indian stock market drops to 19-month low on Friday
Mumbai, Jan 15 (IBNS): The Indian stock market suffered the sharp correction in oil prices on Friday and dropped to its 19-month low, with the BSE Sensex declining by 1.28% to 24455.04 and Nifty declining by 1.31% to 7437.80.
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Indian retail market has potential to grow to 1.1-1.2 trillion USD by 2020: Report
Mumbai, Jan 15 (IBNS) India’s retail sector has the potential to grow to 1.1-1.2 trillion USD by 2020 from 630 billion USD in 2015, reaping the benefits of a large, young population joining the workforce, 70% increase in income levels, increase in the number of nuclear families and increasing urbanization, says the report titled 'Retail transformation: Changing your performance trajectory'.
Suzlon receives additional credit of Rs 2,300 crore over and above existing limits
Mumbai, Jan 15 (IBNS): Renewable energy solutions firm Suzlon Group on Friday announced that it has been sanctioned an additional credit facility (substantially non-fund based) of Rs 2,300 crore (USD 344 million) over and above its existing limit to meet its requirements for execution of sizable order backlog and pipeline, which will help in to capitalize on the growth opportunities in the Indian and global renewable energy sector.
RCom received go-head from Indian bourses to acquire Sistema Shyam Teleservices
Mumbai, Jan 15 (IBNS): Reliance Communications (RCom) said it has received the go-ahead from both the stock exchanges, BSE and NSE, to acquire the Russian conglomerate Sistema’s Indian telecom unit, Sistema Shyam Teleservices Ltd (SSTL).
Manpasand Beverages ties up with German wholesale major METRO Cash & Carry
New Delih, Jan 15 (IBNS): India’s leading fruit juice player, Manpasand Beverages Ltd, has entered into a tie up with German wholesale retail and trading major, METRO Cash & Carry.
Second tranche of the Sovereign Gold Bonds to be kept open from Jan 18-22, 2016
New Delhi, Jan 15 (IBNS): Union Finance Minister Arun Jaitley asked all banks to make their best efforts to reach-out to potential investors to invest in the Second Tranche of the Sovereign Gold Bonds, which will be kept open from Jan 18 to 22, 2016.
Global crude oil price of Indian Basket was US$ 26.43 per bbl on Jan 14
Mumbai, Jan 15 (IBNS) International crude oil price of Indian Basket as computed/publishedon Jan 15 by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 26.43 per barrel (bbl) on Jan 14.