Canon imagePRESS C10000VP installed in Allahabad
Jun 09, 2017, at 09:40 pm
Allahabad, June 9 (IBNS): Designed to elevate quality, productivity and consistency, Canon’s first 100ppm colour digital press, imagePRESS C10000VP was installed at Allahabad on Friday.
Tata Motors resolves Long-Term Wage Settlement issue in Sanand
Jun 09, 2017, at 09:13 pm
Sanand/Kolkata, June 9, 2017: The long-term wage settlement (LTS) between the Tata Motors Sanand Union and Tata Motors was agreed upon and has been signed on Friday for a period of 5 years- October 2015 to September 2020.
Designer Ramgopal Rajpuria introduces his latest range of handcrafted cotton shirts
Jun 09, 2017, at 09:02 pm
Kolkata, June 7 (IBNS): Fashion designer Ramgopal Rajpuria launched his latest range of handcrafted cotton shirts Brunito Belissimo for the younger generation (meaning beautiful in Italian).
Council constitutes 18 sectoral groups for smooth roll-out of GST
Jun 09, 2017, at 07:33 pm
New Delhi, Jun 9 (IBNS): The Union Finance Ministry announced on Friday that the Goods and Services Tax (GST) Council has formed 18 sectoral grous for the smooth roll-out of the new tax regime.
Infosys denies promoter stake sale plans, stock takes a hit
Jun 09, 2017, at 06:46 pm
Bengaluru, Jun 9 (IBNS): Infosys, one of India's leading IT services company, has denied media reports of a stake sale by the founders and issued a statement to that effect on Friday.
Aditya Group (India) forms joint venture company with Huntsman IndiaThai Company Limited
Jun 09, 2017, at 06:34 pm
Kolkata, June 6 (IBNS): Kolkata based Aditya Group (India) has announced the formation of a joint venture company Homelicious Hospitality Company Limited (Thailand) with Huntsman IndiaThai Company Limited (Thailand).
Nykaa reports GMV of INR 275 crores for '16-17
Jun 09, 2017, at 05:12 am
Mumbai, June 8 (IBNS): Beauty portal Nykaa.com reported gross merchandise value (GMV) of INR 275 crores for the financial year 2016-17, with a net revenue of INR 214 crores.
Travel portal Via.com, jewellery marketplace Jewelsouk.com enter into partnership
Jun 09, 2017, at 01:04 am
Bangalore, June 8 (IBNS): Leading omni channel travel, retail & fintech company, Via.com has now tied up with Jewelsouk.com, an online jewellery marketplace with multi-brand, multi-category offerings, to sell exclusive branded collections of gold and diamond jewellery through VIA outlets.
Indian market closes lower on Thursday
Jun 08, 2017, at 11:57 pm
Mumbai, Jun 8 (IBNS): The Indian market closed lower on Thursday, with BSE Sensex down 57.92 points at 31,213.36 and NSE Nifty down 16.65 points to 9,647.25.
NPCI launches dedicated website for BHIM
Jun 08, 2017, at 02:42 am
Mumbai, June 7 (IBNS): National Payments Corporation of India (NPCI) has launched a dedicated website for Bharat Interface for Money (BHIM) www.bhimupi.org.in to facilitate customers with information about BHIM app.
Indian Hotels Company Limited recognized for excellence in Investor Relations
Jun 08, 2017, at 02:15 am
Mumbai/Kolkata,June 7 (IBNS): The Indian Hotels Company Limited (Taj Hotels Palaces Resorts Safaris) won the ‘Best All India Investor Relations Award 2017’ in the category of large-cap companies at the recently held Investor Relations Awards ceremony in Mumbai.
Tata group conferred with the ASEAN-India Achievement and Excellence Award
Jun 08, 2017, at 01:49 am
Mumbai/Kolkata, June 7 (IBNS): The Tata group was felicitated with the prestigious ASEAN-India Achievement and Excellence Award by the ASEAN India Business Council (AIBC). The honour was given in recognition of the contribution made by the Tata group in strengthening bilateral economic relations between ASEAN (Association of Southeast Asian Nations) and India.
Walmart India launches exclusive GST toll-free helpline for `kirana’ members
Jun 08, 2017, at 01:46 am
Kolkata, June 7 (IBNS): In order to enable our kiranas and other reseller members’ transition smoothly into the new tax regime as well as ensure minimum disruptions in their businesses with the roll-out of the Goods and Services Tax (GST) from July 1, Walmart India has launched an exclusive GST toll-free helpline for them.
Infosys positioned in the Winner’s Circle by HfS Research Blueprint Report for Utility Operations
Jun 08, 2017, at 12:49 am
Bangalore, June 7 (IBNS): Infosys has been positioned in the Winner’s Circle by HfS Research Blueprint Report for Utility Operations – 2017.
Cabinet approves IISWC land transfer to NHAI
Jun 07, 2017, at 11:53 pm
New Delhi, June 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the proposal for transfer of 4.64 hectares (46384 Sq. meters) of land belonging to the Indian Institute of Soil & Water Conservation (IISWC) Research Centre at Vasad, District Anand, Gujarat under the Indian Council of Agricultural Research to the National Highways Authority of India (NHAI) on payment of compensation amounting to Rs. 12.67 crore for extension and six laning of Ahmedabad - Vadodara Highway on NH-8.
Whirlpool of India introduces India’s first built-in induction Oven
Jun 07, 2017, at 10:27 pm
Kolkata, June 7 (IBNS):Whirlpool of India, a subsidiary of Whirlpool Corporation and world’s leading home appliance company, on Wednesday said it has unveiled India’s first Built-in induction ovens.
Cabinet approves bilateral MoU between India and Iran
Jun 07, 2017, at 10:21 pm
New Delhi, June 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the Bilateral Memorandum of Understanding (MoU) between Securities and Exchange Board of India (SEBI) and Securities and Exchange Organization (SEO), Iran in relation to mutual cooperation on matters pertaining to securities markets.
Indian market ends higher on Wednesday but IT stocks decline
Jun 07, 2017, at 10:07 pm
Mumbai, Jun 7 (IBNS): The Indian equity benchmarks closed higher on Wednesday with the BSE Sensex up 80.72 points at 31,271.28 and the NSE Nifty up 26.75 points at 9,663.90, after the Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) met for its second bi-monthly meeting same day.
Cabinet approves agreement between India and Cyprus on Merchant Shipping
Jun 07, 2017, at 10:05 pm
New Delhi, June 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday gave its ex-post facto approval to the Agreement between India and Cyprus on Merchant Shipping, which was signed in April 2017.
Cabinet approves MoU between India and Korea for export credit of USD 9 billion
Jun 07, 2017, at 09:57 pm
New Delhi, June 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the proposed Memorandum of Understanding (MoU) between Export-Import Bank of India (EXIM Bank) and Export-Import Bank of Korea (KEXIM) for export credit of USD 9 billion for infrastructural development in India and for the supply of goods and services as part of projects in third countries.
Excerpts from the RBI MPC Second Bi-monthly Monetary Policy Statement, 2017-18 Resolution
Jun 07, 2017, at 09:15 pm
Mumbai, Jun 7 (IBNS): Excerpts from the Second Bi-monthly Monetary Policy Statement, 2017-18 Resolution of the Monetary Policy Committee (MPC), Reserve Bank of India --
Second RBI Monetary Policy Committee meeting leaves repo rate unchanged
Jun 07, 2017, at 08:37 pm
Mumbai, Jun 7 (IBNS): The Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC), at its second bi-monthly meeting on Wednesday, said it has decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.25 per cent, on the basis of an assessment of the current and evolving macroeconomic situation.
Cabinet approves Indian Renewable Energy Development Agency (IREDA) IPO
Jun 07, 2017, at 08:13 pm
New Delhi, Jun 7 (IBNS): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday, gave its approval for the issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO.
Cabinet approves Signing of MoU between SEBI and European Securities and Markets Authority
Jun 07, 2017, at 08:04 pm
New Delhi, Jun 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi gave its approval to the Securities and Exchange Board of India (SEBI) for entering into a Memorandum of Understanding (MoU) with European Securities and Markets Authority (ESMA) in relation to Mutual Co-operation.
Finance ministry says Central government abolished various cess for smooth roll-out of GST
Jun 07, 2017, at 07:46 pm
New Delhi, Jun 7 (IBNS): The Union Finance Ministry highlighted on Wednesday that the central government has abolished various cess in the past three years for smooth roll-out of the Goods and Services Tax (GST).
Goh Choon Phong New IATA Chairman
Jun 07, 2017, at 04:35 am
London, June 6 (IBNS): The International Air Transport Association (IATA) announced that Goh Choon Phong, CEO of Singapore Airlines, has assumed his duties as Chairman of the IATA Board of Governors (BoG) for a one-year term, effective from the conclusion of the 73rd IATA Annual General Meeting (AGM) in Cancun, Mexico. Goh is the 76th Chair of the IATA BoG, and the third CEO of Singapore Airlines to hold this position.
Honda 2Wheelers is now customers First Choice in Tamil Nadu
Jun 07, 2017, at 01:25 am
Coimbatore, June 6 (IBNS): Entering FY’2017-18 with a bang, Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) today announced that it has extended its market leadership.
Hinduja Global Solutions recognized as leading service provider in outsourcing
Jun 07, 2017, at 01:19 am
Bangalore, June 6 (IBNS): Hinduja Global Solutions (HGS), (listed on NSE & BSE in India) a global leader in business process management, was recognized on the 2017 Global Outsourcing 100 List for the seventh year in a row by the International Association of Outsourcing Professionals (IAOP).
Axis Bank announces launch of environmental friendly bio-degradable gift cards
Jun 07, 2017, at 12:47 am
Mumbai, June 6 (IBNS): Axis Bank has launched a bio-degradable card thereby offering its customers a simple way of contributing towards environment-friendly payment solutions.
Investors book profit ahead of RBI Monetary Policy Meeting, benchmark indices decline
Jun 06, 2017, at 10:54 pm
Mumbai, Jun 6 (IBNS): The Indian market closed lower on Tuesday largely due to investors booking profits prior to the Reserve Bank of India's (RBI's) Monetary Policy meeting on Wednesday, according to media reports.