External rupee value far greater than internal; mismatch hurting exporters: ASSOCHAM

Aug 08, 2017, at 12:11 am

New Delhi, Aug 7 (IBNS): Declining by close to six per cent over the last one year, rupee is now trading at 63.63-70 against 66.93 to a dollar in August, 2016.

Gadgets are now a CLiQ away with TataCLiQ’com’s Epictronic sale

Aug 08, 2017, at 12:01 am

Mumbai/Kolkata, Aug 7 (IBNS): All this while you may have been blowing your budget for the love of gadgets and gizmos.

25% growth in number of Income Tax returns filing this year, says govt

Aug 07, 2017, at 11:22 pm

New Delhi, Aug 7 (IBNS): As a result of demonetization and Operation Clean Money, there is a substantial increase in the number of Income Tax Returns(ITRs) filed, the government said on Monday.

Website songwriter.in to act as a bridge between songwriters and producers

Aug 07, 2017, at 10:41 pm

Kolkata, Aug 7 (IBNS): A recently launched website aims to bring together songwriters and prospective clients on the same platform, thus providing a professional outlet for the industry.

Key Indian benchmarks close lower on Monday

Aug 07, 2017, at 10:19 pm

Mumbai, Aug 7 (IBNS): Even though NSE Nifty manged to cling to its above 10,000 mark on Monday, overall the market was in a decline, with BSE Sensex down 51.74 points at 32273.67 and NSE Nifty down 9.00 points at 10057.40.

Tata Power facilitates distribution of 1.1 lakh LED bulbs to its customers in Mumbai

Aug 07, 2017, at 09:50 pm

Mumbai, Aug 7 (IBNS): Tata Power, an integrated power company, has always been committed to the cause of energy conservation, and has been contributing extensively towards a brighter and greener tomorrow by undertaking several initiatives. In line with this philosophy, and further to its commitment to light up lives, Tata Power facilitated the implementation of National-level Program (DELP/UJALA) which is being implemented by EESL, a Union Govt. Undertaking, with the aim to increase the penetration of LED lighting technology in the residential sector.

Banks may need 20% incremental provisioning for 50 large stressed assets: Study

Aug 05, 2017, at 01:28 am

New Delhi, Aug 4 (IBNS): Banks may require an incremental provisioning of 20 per cent against cumulative debt of 50 large stressed assets worth over Rs.3 lakh crore in construction, power, metals and other sectors that constitute about half of the gross non-performing assets of the banking sector, noted a recent joint study by ASSOCHAM-Crisil.

Jaguar I-pace concept named most significant concept vehicle of 2017

Aug 04, 2017, at 11:15 pm

Kolkata, Aug 4 (IBNS): The Jaguar I-PACE Concept has been named Most Significant Concept Vehicle of 2017 at the 16th North American Concept Vehicle Awards. As well as achieving the highest overall score to take away the top honour, Jaguar’s all-electric performance SUV also won the Production Preview Concept of the Year category.

Hyundai Unveils ‘The Next Gen VERNA’ in India

Aug 04, 2017, at 10:12 pm

Chennai, Aug 4 (IBNS): Car manufacturer Hyundai Motor India Ltd on Friday unveiled the much-awaited Super Performer Brand - The Next Gen ‘VERNA’ with SUPER BODY STRUCTURE.

Market closes higher on Friday after ending lower for two previous sessions

Aug 04, 2017, at 09:52 pm

Mumbai, Aug 4 (IBNS): After two successive sessions in decline, the Indian benchmark indices jumped back to positive territory on Friday, with BSE Sensex up 87.53 points at 32,325.41 and NSE Nifty up 52.75 points at 10,066.40.

Swipe launches KONNECT Power at Rs. 4,999

Aug 04, 2017, at 09:02 pm

Pune, Aug 4 (IBNS): Swipe Technologies, India’s leading mobile internet technology company, is all set to unveil brand new member in its popular KONNECT Series - Swipe KONNECT Power.

The Honor Band 3, an activity tracker, could be an useful gift for all occasions

Aug 04, 2017, at 08:58 pm

Kolkata, Aug 4 (IBNS): If you are one of those who abhor mindless gifting, the recently launched Honor Band 3, an activity tracker, may be your answer for an useful gift this Rakshabandhan.

ICICI Bank organises 41 coin exchange melas in Madurai and nearby towns

Aug 04, 2017, at 08:52 pm

Madurai, Aug 4 (IBNS): ICICI Bank a private sector bank, organised 41 coin exchange melas in the first quarter of this fiscal (April - June 2017) at its branches at Madurai as well as neighbouring towns.

Bajaj Electricals sales up 7.3% at Rs. 1029.41 cr

Aug 04, 2017, at 05:01 am

Mumbai, Aug 3 (IBNS): Bajaj Electricals Ltd. on Thursday announced its Q1FY18 results for the first quarter ended 30th June, 2017. Mumbai, Aug 3 (IBNS): Bajaj Electricals Ltd. on Thursday announced its Q1FY18 results for the first quarter ended 30th June, 2017.

Aug 04, 2017, at 03:44 am

Mumbai, Aug 3 (IBNS): Yes Bank, a private sector bank, has partnered with Eureka Mobile to launch ‘Tap to Shop’, a shopping experience on YES PAY digital wallet.

Infosys to acquire Brilliant Basics

Aug 04, 2017, at 02:23 am

London, Aug 3 (IBNS): Infosys, a global leader in consulting, technology and next-generation services, on Thursday announced a definitive agreement to acquire Brilliant Basics, a London-based product design and customer experience (CX) innovator.

Indian benchmark indices close lower on Thursday

Aug 03, 2017, at 10:27 pm

Mumbai, Aug 3 (IBNS): The Indian market closed lower on Thursday, with BSE Sensex down 238.86 points at 32,237.88 and NSE Nifty down 67.85 points at 10,013.65.

EEPC India signs up with Messe Munich for flagship 'bauma 2019' event

Aug 03, 2017, at 06:01 pm

New Delhi, Aug 3 (IBNS): EEPC India has signed a memorandum of understanding (MoU) with Messe Munich for enabling India's participation in the popular 'bauma 2019 ' exposition for construction and mining goods.

Kotak Life Insurance launches its digital campaign #LaterMaybeLate

Aug 03, 2017, at 01:19 am

Kolkata, Aug 2 (IBNS): Kotak Life Insurance Wednesday unveiled its new digital campaign #LaterMayBeLate.

Indian benchmark indices end lower on Wednesday

Aug 02, 2017, at 10:25 pm

Mumbai, Aug 2 (IBNS): The Indian market ended lower on Wednesday, the day the Reserve Bank of India (RBI's) Monetary Policy Committee (MPC) held its third Bi-Monthly Meeting in Mumbai.

Excerpts from Third Bi-monthly Monetary Policy Statement, 2017-18 Resolution of RBI MPC

Aug 02, 2017, at 10:08 pm

Mumbai, Aug 2 (IBNS): The Third Bi-monthly Monetary Policy Statement, 2017-18 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India was published after the MPC held its third review meeting on Wednesday in Mumbai.

Central govt welcomes repo rate cut by MPC says DEA Secretary Subhash Chandra Garg

Aug 02, 2017, at 09:52 pm

New Delhi, Aug 2 (IBNS): The Central government has welcomed the 25 basis points cut in the repo rate announced on Wednesday by the Monetary Policy Committee (MPC), said Secretary, Department of Economic Affairs (DEA), Subhash Chandra Garg.

Hyundai super performer brands cross 1.3 million milestone mark

Aug 02, 2017, at 09:51 pm

New Delhi, Aug 2 (IBNS): Hyundai Motor India Limited (HMIL), the country’s second-largest car manufacturer and leading exporter, on Wednesday said it has achieved yet another milestone for its most awarded and admired brands crossing 1.3 Million Sales Volume.

Devendra Chawla to join Walmart India as EVP & Chief Operating Officer

Aug 02, 2017, at 09:47 pm

Kolkata, Aug 2 (IBNS): Walmart India, wholly owned subsidiary of Walmart Stores Inc., on Wednesday said it has appointed Devendra Chawla as EVP & Chief Operating Officer.

Panasonic plans Rs. 225 crore business during Onam in FY17

Aug 02, 2017, at 09:16 pm

Kolkata, Aug 2 (IBNS): Focusing on the varied demand in Kerala during festive season of Onam, Panasonic India Pvt. Ltd on Wednesday announced its business plans in the market.

L&T to build Light Rail System in Mauritius

Aug 02, 2017, at 09:10 pm

Mumbai, Aug 2 (IBNS): Larsen & Toubro on Wednesday announced the bagging of a Rs. 3,375-crore major breakthrough order from Metro Express Limited which is owned by the Government of Mauritius to design and build an Integrated Light Rail-based Urban Transit System in the African island nation.

RBI Monetary Policy Committee cuts repo rate by 25 basis points to six per cent

Aug 02, 2017, at 08:50 pm

Mumbai, Aug 2 (IBNS): The Reserve Bank of India (RBI) Monetary Policy Committee cut the repo rate by 25 basis points to six per cent on Wednesday at its third bimonthly policy review, according to media reports.

Tata Steel completes sale of its Hartlepool SAW pipe mills

Aug 02, 2017, at 03:02 am

Mumbai/ Kolkata, Aug 1 (IBNS): Tata Steel UK on Tuesday announced it has completed the sale of its 42- and 84-inch pipe mills in Hartlepool to Liberty House Group.

Samsung Pay now becomes available for SBI Debit Cards

Aug 02, 2017, at 02:49 am

Mumbai, Aug 1 (IBNS): State Bank of India and Samsung India on Tuesday announced the availability of Samsung Pay for higher variants of SBI Debit Card.

Tata Power awarded for excellence in cost management

Aug 02, 2017, at 01:12 am

Mumbai/ Kolkata, Aug 1 (IBNS): Tata Power, an integrated power company, on Tuesday announced that the company has been awarded for excellence in cost management in the ‘power distribution and transmission’ category at the 14th National Awards for Excellence in Cost Management 2016.