Pakistani economist doubts China role, stresses on better economic relations with India

Jun 13, 2017, at 04:54 pm

Kolkata, June 13 (IBNS): A renowned Pakistani economist has expressed skepticism over the involvement of China in Pakistan's economic, infrastructural and development progress saying his country is facing a growing isolation and its relations with India should improve.

Mahindra Mutual Fund Dhan Sanchay Yojana declares dividend

Jun 13, 2017, at 02:06 am

Mumbai, June 12 (IBNS): Mahindra Asset Management Company Pvt. Ltd. (MAMCPL), the investment manager to Mahindra Mutual Fund and the wholly owned subsidiary of Mahindra Finance, announced a dividend of 1.50% (Rs.0.15 per unit on face value of Rs.10) in its open ended equity fund – Mahindra Mutual Fund Dhan Sanchay Yojana – Direct and Regular plan(s).

SpiceJet takes off on UDAN routes

Jun 13, 2017, at 12:56 am

Gurgaon, June 12 (IBNS): SpiceJet on Monday announced the launch of operations under the UDAN (Ude Desh ka Aam Naagrik) scheme.

India's retail inflation in May falls to 2.18 pct

Jun 13, 2017, at 12:14 am

New Delhi, June 12 (IBNS): India's retail inflation rate for May dropped to 2.18 per cent, promising to give relied to people, government data revealed on Monday.

India's industrial input grows by 3.1 pc in April 2017 from last year

Jun 13, 2017, at 12:04 am

New Delhi, June 12 (IBNS) India’s industrial output grew at 3.1 percent in April 2017 from the corresponding period last year, according to the quick estimates of Index of Industrial Production (IIP), said the government on Monday.

May retail inflation drops to 2.18%

Jun 12, 2017, at 11:58 pm

New Delhi, June 12 (IBNS): Giving relief to people, retail inflation rate dropped to 2.18 per cent in May, government data released on Monday said.

Sony introduces WS623 sports Walkman

Jun 12, 2017, at 10:50 pm

Kolkata, June 12 (IBNS): Catering to the Walkman loyalist audience, Sony India on Monday launched the new WS623 Walkman with Bluetooth Wireless Technology.

7 in 10 smartphone apps share user data with third-party services, says study

Jun 12, 2017, at 10:44 pm

Madrid, June 12 (IBNS): More than 70 percent of smartphone apps are reporting personal data to third-party tracking companies like Google Analytics, the Facebook Graph API or Crashlytics, says a study.

Indian market ends lower on Monday, govt actively working on consolidation of PSU banks says Jaitley

Jun 12, 2017, at 09:36 pm

Mumbai, Jun 12 (IBNS): Even though the NSE Nifty was able to hold on to its psychological 9600 level, Indian benchmark indices ended lower on Monday.

IndiGo announces Monsoon special offer starting at INR 899

Jun 12, 2017, at 07:20 pm

Mumbai, June 12 (IBNS) : Low cost carrier IndiGo has announced a three-day Monsoon Special Sale across its 39 domestic destinations, offering 'All Time Low' fare for tickets starting from Rs. 899.

Arun Jaitley meets heads of PSB to review bad loans and other overall functioning

Jun 12, 2017, at 06:51 pm

New Delhi, Jun 12 (IBNS): Union Finance Minister Arun Jaitley met the heads of Public Sector Banks in India for a review meeting on Monday, according to media reports.

GST Council reduces rates for 66 items in latest meeting

Jun 12, 2017, at 06:18 pm

New Delhi, Jun 12 (IBNS): Items like insulin, cashew nuts, pickles, school bags and several other items are set to get cheaper with the Goods and Services tax (GST) Council reducing the tax of 66 items, according to media reports on Monday.

Aadhar now must for filing tax returns, new PAN from next month

Jun 11, 2017, at 01:54 am

New Delhi, June 10 (IBNS): In a significant move, the government on Friday said that Aadhaar will be needed for filing Income Tax Returns or for obtaining a new PAN from July 1.

Aadhar made must for filing tax returns, new PAN from July 1

Jun 11, 2017, at 12:11 am

New Delhi, June 10 (IBNS): In a major development, the Central Board of Direct Taxes (CBDT) has said Aadhaar will be needed for filing Income Tax Returns or for obtaining a new PAN from next month, reports said.

RIL becomes second largest producer of Para-xylene (PX) globally

Jun 10, 2017, at 05:00 am

Mumbai, June 9 (IBNS): Reliance on Friday announced the successful commissioning of the last crystallization train (Train 3) of the Para-xylene (PX) complex at Jamnagar.

EDII ties up with Yes Bank to lend to start-ups

Jun 10, 2017, at 03:49 am

Mumbai, June 9 (IBNS): Entrepreneurship Development Institute of India (EDII), an acknowledged national resource Institute for Entrepreneurship Education, Research, Training & Incubator, has tied up with Yes Bank, a private sector bank, to lend to start-ups supported by EDII.

Canara Bank, The New India Assurance enter into Corporate Agency Arrangement

Jun 10, 2017, at 01:02 am

Bangalore, June 8 (IBNS): Canara Bank, a public sector bank and The New India Assurance Co. Ltd, a general insurance company, on Friday signed corporate agency agreement for the distribution of The New India Assurance Co.’s general insurance products through Canara Bank’s extensive network of 6000+ branches across the country.

Tata Motors Group global wholesales stands at 86,385 in May 2017

Jun 10, 2017, at 12:57 am

Mumbai/Kolkata, June 9 (IBNS): The Tata Motors Group on Friday said its global wholesales in May 2017, including Jaguar Land Rover, were at 86,385 nos., lower by 1%, over May 2016.

True Balance rolls out new balance check option for Jio users

Jun 09, 2017, at 11:26 pm

Kolkata, June 9 (IBNS): True Balance, India’s leading mobile balance management service app has just launched a new feature of balance checking on its platform for Jio users.

Indian automobile industry: Overall growth in April-May 2017, commercial vehicles sale slows down

Jun 09, 2017, at 11:18 pm

New Delhi, Jun 9 (IBNS): India's automobile industry saw overall growth in the April-May 2017 period compared to the same time last year, announced the Society of Indian Automobile Manufacturers (SIAM), on Friday.

Indian benchmark indices close higher on Friday

Jun 09, 2017, at 10:57 pm

Mumbai, Jun 9 (IBNS): The Indian market closed higher on Friday, with BSE Sensex up 48.70 points at 31,262.06 and NSE Nifty up 21 points at 9,668.25.

Telstra Business Woman in Asia Award opens for nominations

Jun 09, 2017, at 10:46 pm

New Delhi, June 9 (IBNS): Telstra is calling for nominations for the second annual Telstra Business Woman in Asia Award with an expanded criteria to include female entrepreneurs and women from not-for-profit and social enterprises operating in Asia.

Aditya Group (India) forms joint venture company with Huntsman IndiaThai Company Limited

Jun 09, 2017, at 10:15 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).

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.