Ratan Tata refutes Israeli media claim that he had discussions with Arnon Milchan
Feb 15, 2018, at 09:04 pm
Mumbai, Feb 15 (IBNS): Indian industrialist RatanTata reiterated on Thursday that the reports in the media, mainly the Israeli media, of a “partnership with Mr. Arnon Milchan” and the claim of “a huge profit” are both factually incorrect and appear to be motivated.
Ride sharing company Ola launches ‘Auto Unnati’
Feb 15, 2018, at 08:23 pm
Kolkata, Feb 15 (IBNS): Ola, India’s leading and one of the world’s largest ride-sharing companies, today launched ‘Auto Unnati’- a comprehensive benefit program for its Auto driver partners.
L&T Construction wins orders valued Rs. 1,585 crore
Feb 15, 2018, at 08:19 pm
New Delhi, Feb 15 (IBNS): The construction arm of Larsen & Toubro has won orders worth Rs. 1,585 crore across various business segments.
Jet Airways declares its 11th consecutive profitable quarter
Feb 15, 2018, at 12:48 am
Mumbai, Feb 14 (IBNS): Jet Airways Group reported its 11th successive profitable quarter with a net profit of INR 186 crores for the third quarter of FY18 against a net profit of INR 299 cr. for Q3 FY17 (which included a profit of INR 327 cr. on account of sale and leaseback of aircraft).
BHEL wins Rs. 560 crore order for emission control equipment from NTPC
Feb 14, 2018, at 09:47 pm
New Delhi, Feb 14 (IBNS): Bharat Heavy Electricals Limited (BHEL) on Wednesday said it has bagged a major order, valued at Rs. 560 Crore, for supply and installation of the Flue Gas Desulphurization (FGD) system from NTPC for 2x490 MW National Capital Power Station (NCPS) at Dadri in Uttar Pradesh.
Indian benchmark indices close lower on Wednesday , PNB in trouble
Feb 14, 2018, at 09:35 pm
Mumbai, Feb 14 (IBNS): The Indian market closed lower on Wednesday with BSE Sensex down 144.52 points at 34,155.95 and NSE Nifty down 38.90 points to 10,500.90.
PNB detects fraudulent transactions in Mumbai branch, share price tumbles
Feb 14, 2018, at 08:52 pm
Mumbai, Feb 14 (IBNS): Share price of Punjab National Bank (PNB) tumbled on Wednesday afternoon following media reports that the lender has detected fraudulent transactions worth Rs 11,300 crore in one of its Mumbai branch.
Alcove Realty inaugurates township 'New Kolkata'
Feb 14, 2018, at 06:59 pm
Kolkata, Feb 14 (IBNS): Alcove Realty, East India’s real-estate developers, has recently inaugurated township ‘New Kolkata’ along the Ganges.
Ola starts trials in Perth with free rides for customers
Feb 14, 2018, at 03:39 pm
Perth, Feb 14 (IBNS): Ola, a ride-sharing platform, is now available on a limited basis to customers in Perth.
Facebook app to be made available on JioPhone
Feb 14, 2018, at 03:38 am
Mumbai, Feb 13 (IBNS): Starting from Wednesday, Facebook will be available on the JioPhone, India ka smartphone.
Volvo Cars named as one of the world’s most ethical companies in 2018
Feb 14, 2018, at 12:22 am
Kolkata, Feb 13 (IBNS): Volvo Cars, the premium car maker, has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a 2018 World’s Most Ethical Company.
Skill India enters into an agreement with IBM India Pvt. Ltd
Feb 13, 2018, at 09:59 pm
New Delhi, Feb 13 (IBNS): With an objective to create awareness and expertise in the field of IT, Networking and Cloud Computing, Directorate General of Training, Ministry of Skill Development & Entrepreneurship (MSDE) inked an agreement with IBM India Private Limited at MSDE office, New Delhi.
ICICI Lombard signs distribution tie-up pact with RBL Bank
Feb 13, 2018, at 05:17 am
Mumbai, Feb 12 (IBNS): ICICI Lombard General Insurance Ltd., a private sector general insurance company, and RBL Bank have entered into a Corporate Agency Tie-up agreement.
Tata Power Skill Development Institute trains 13,527 people in FY18
Feb 13, 2018, at 04:12 am
Mumbai/ Kolkata, Feb 12 (IBNS): Tata Power, an integrated power company, through its skill development endeavor, TPSDI (Tata Power Skill Development Institute) has trained 13,527 people in FY18, thereby enhancing their employability prospect, a company statement claimed.
Feb 13, 2018, at 01:58 am
Mumbai, Feb 12 (IBNS): In an integration of accounting and banking, Zoho, an Indian software products company, is partnering with ICICI Bank, a private sector bank by consolidated assets, to deliver a "streamlined digital banking experience to customers" using Zoho's cloud accounting software, 'Zoho Books'.
Foodpanda to invest INR 400 Cr in further strengthening its delivery network
Feb 12, 2018, at 11:55 pm
Kolkata, Feb 12 (IBNS): Foodpanda, India’s leading online marketplace for food delivery, on Monday announced its plans to invest INR 400 crores in the country.
India' retail inflation eases to 5.07 pct in January
Feb 12, 2018, at 11:52 pm
New Delhi, Feb 12 (IBNS): India’s retail inflation eased to 5.07 percent in January, official data released by the Indian government on Monday revealed.
India's factory output growth slows down to 7.1 percent in December
Feb 12, 2018, at 11:43 pm
New Delhi, Feb 12 (IBNS): After touching 25-month high of 8.4 percent in November, India's industrial output growth slowed down to 7.1 percent in November, official data released on Monday said.
Airtel and Hotstar announce strategic partnership
Feb 12, 2018, at 11:28 pm
New Delhi, Feb 12 (IBNS): Bharti Airtel, India’s largest telecommunications services provider, and Hotstar, India’s largest premium streaming platform today announced a strategic partnership to bring exciting digital content from Hotstar’s portfolio to Airtel customers.
EV sales to witness high double digit growth annually till 2020: ASSOCHAM-EY Study
Feb 12, 2018, at 09:43 pm
New Delhi, Feb 12 (IBNS): Electric vehicle (EV) market has the potential to grow significantly in the coming years as sales are expected to witness high double digit growth rates annually in India till 2020, noted a recent ASSOCHAM-EY joint study.
Tata Motors Group global wholesales at 114,797 in January 2018
Feb 10, 2018, at 12:35 am
Mumbai/Kolkata, Feb 9 (IBNS): Automobile giant The Tata Motors Group global wholesales in January 2018, including Jaguar Land Rover, were at 114,797 nos., higher by 20%, over January 2017.
Indian benchmark indices closes lower on Friday
Feb 09, 2018, at 10:01 pm
Mumbai, Feb 9 (IBNS): Indian benchmark indices closed lower on Friday after reporting gains the day before, according to media reports.
Century LED lights up Kolkata in association with the Bidhannagar Municipal Corporation
Feb 09, 2018, at 09:22 pm
Kolkata,Feb 9 (IBNS): Century, a leading lighting solution company, on Friday said has taken up an initiative to adorn the Book Fair and a metro corridor of the Salt Lake area with LED lights.
Google fined Rs. 136 crore by Competition Commission for 'unfair business practices in India'
Feb 09, 2018, at 05:09 am
New Delhi, Feb 8 (IBNS): The Competition Commission of India (CCI) on Thursday imposed a fine of Rs 136 crore on popular search engine Google for unfair business practices in the Indian market.
SAIL turns around with profit in Q3FY18
Feb 09, 2018, at 03:56 am
New Delhi, Feb 8 (IBNS): Steel Authority of India Ltd. (SAIL) has earned Profit Before Tax (PBT) of Rs 82 Crore in the third quarter of this current financial year (Q3FY18) after ten quarters.
America First and Make in India are not incompatible: US Ambassador to India Juster
Feb 08, 2018, at 11:11 pm
Kolkata, Feb 8 (IBNS): US Ambassador to India Kenneth I. Juster on Wednesday said America First and Make in India, the trade goals of the US and India respectively, are not incompatible.
Indian benchmark indices recover sharply on Thursday
Feb 08, 2018, at 09:34 pm
Mumbai, Feb 8 (IBNS): The Indian market recovered sharply on Thursday after seven consecutive negative sessions though it failed to cling to the day's high, according to media reports.
Union Budget 2018 focuses on affordable housing but sans any direct impact on real estate sector
Feb 08, 2018, at 08:05 pm
Kolkata, Feb 8 (IBNS): The Union Budget 2018 is a balanced one with focus on affordable housing but without any direct impact on the sector, according to Laxman Jaiswal, Chairman & Managing Director, Ascon Infrastructure (India) Ltd.
Global Procurement Summit 2018 inaugurated by Central minister P Radhakrishnan
Feb 08, 2018, at 06:45 pm
New Delhi, Feb 8 (IBNS): The Central government's Minister of State for Finance and Shipping, P. Radhakrishnan delivered the inaugural address at the ‘Global Procurement Summit 2018’ on 'New Frontiers faced in the Transformation process of Procurement Today, in New Delhi on Thursday.
Sensex opens in high, up by 200 points
Feb 08, 2018, at 04:12 pm
Mumbai, Feb 8 (IBNS): For the second consecutive day, Sensex has opened in a high as it has gone up by more than 200 points.