IMF cuts India's growth rate following demonetisation stress
Jan 17, 2017, at 04:32 pm
Washington, Jan 17 (IBNS): In a setback for the Indian government, the International Monetary Fund (IMF) has cut India's growth rate to 6.6 percent for the current fiscal year, a decrease by one percent from its previous estimate.
-1484586296.jpg "‘Tata Trusts U Dream Football Programme’ to nurture India’s finest U -15 footballers")
‘Tata Trusts U Dream Football Programme’ to nurture India’s finest U -15 footballers
Jan 17, 2017, at 04:05 am
Kolkata, January 16 (IBNS): Looking at the significance of football and the popularity it is gaining in the North East India, Tata Trusts in association with U Dream Football has dedicated its energies to amplifying the tremendous talent in the region.
Tata Steel`s Noamundi Iron Mine conducts pilot launch of Drone Application in Mine Monitoring
Jan 17, 2017, at 04:01 am
Noamundi/ Kolkata, Jan 16 (IBNS):: Noamundi Iron Mine (NIM) of OMQ (Ore, Mines & Quarries) Division of Tata Steel executed a pilot launch of Drone Application in Mine Monitoring (DAMM), on Monday.
India , Mauritius sign MoU for Cooperation in the field of Cooperatives
Jan 17, 2017, at 03:37 am
New Delhi, Jan 16 (IBNS): Union Minister of Agriculture and Farmers Welfare, Radha Mohan Singh and Minister of Business, Enterprise and Cooperatives, Govt. of Mauritius, ShriSoomilduthBholahsigned on MoU for Cooperation in the field of Cooperatives & related areas here on Monday.
Bandhan Bank opens branches in Goa, reaches 770 branch mark
Jan 17, 2017, at 02:53 am
Goa, Jan 16 (IBNS) : Bandhan Bank opened its first branch in Goa on Monday. Jaikish, General Manager and Officer-in-Charge, Reserve Bank of India, Goa inaugurated the Bank’s Panjim branch.
Danone India announces plans to grow its Nutrition business
Jan 17, 2017, at 01:51 am
Hyderabad, Jan 16 (IBNS): Danone, a global food company, has announced plans to strengthen its Nutrition business in India starting with the launch of its globally popular Infant formula brand Aptamil.
Infosys announces internal carbon price
Jan 17, 2017, at 01:24 am
Zurich, Jan 16 (IBNS): Infosys, a global leader in consulting, technology, outsourcing and next-generation services, on Monday announced its internal carbon price at $10.5 per ton of CO2e, at an event organized by the Carbon Pricing Leadership Coalition (CPLC) in Zurich.
Just 8 men own same wealth as half the world, says Oxfam
Jan 16, 2017, at 11:54 pm
New York, Jan 16 (IBNS): Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam on Monday to mark the annual meeting of political and business leaders in Davos.
RBI increases daily ATM withdrawal limit to Rs 10,000
Jan 16, 2017, at 10:57 pm
New Delhi, Jan 16 (IBNS); Giving relief to people across the nation, the Reserve Bank of India on Monday increased the daily withdrawal limit from ATMs to Rs.10,000.
Jan 16, 2017, at 10:41 pm
Mumbai, Jan 16 (IBNS): The Indian market closed positive on Monday, with BSE Sensex up 50.11 points at 27288.17 and NSE Nifty up 12.45 points at 8412.80.
India's wholesale price inflation increases marginally in December
Jan 16, 2017, at 10:27 pm
New Delhi, Jan 16 (IBNS): India’s annual inflation based on wholesale prices increased marginally to touch 3.39 percent in December.
Jan 16, 2017, at 04:10 am
New Delhi, Jan 15 (IBNS): Petrol and diesel prices were hiked from midnight on Sunday, officials said.
Let Budget be presented on Feb 1, ASSOCHAM to opp parties
Jan 15, 2017, at 09:17 pm
New Delhi, Jan 15 (IBNS): Making a strong appeal to different political parties to let the Union Budget for 2017-18 be presented to Parliament on Feb 1, the apex industry chamber ASSOCHAM on Sunday said the advancement to this effect would help the government to begin its capital and other expenditure right from April and revive the much needed economic growth.
Government respects independence and autonomy of RBI, says Finance Ministry
Jan 15, 2017, at 02:10 am
New Delhi, Jan 14 (IBNS): The Ministry of Finance on Saturday said the government respected the 'independence and autonomy' of the Reserve Bank of India.
Jitendra Singh lauds Indigo decision to fly 'mortal remains' free to Northeast
Jan 15, 2017, at 01:43 am
New Delhi, Jan 14 (IBNS): Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Jitendra Singh has lauded the Indigo decision to fly "mortal remains" of deceased human beings free of cost to various destinations in the North East.
Siemens Ltd. wins combined order worth Rs. 319 crore from diesel locomotive works
Jan 14, 2017, at 01:11 am
Mumbai, Jan 13 (IBNS): Scope of the order includes supply of Alternating Current Traction system for Dual Cab High Horsepower Diesel Engine locomotive and propulsion sets for Freight and Passenger Locomotives of Indian Railways. Siemens said it is looking forward to further enhance and unearth value proposition for its customers through digitalization.
Jan 14, 2017, at 12:52 am
New Delhi, Jan 13 (IBNS): Maruti Suzuki India Limited, leader in passenger vehicles, launched the much awaited premium urban compact vehicle for the millennials, IGNIS here on Friday.
Ratan Tata welcomes N. Chandrasekaran's appointment as Chairman of Tata Sons
Jan 14, 2017, at 12:41 am
New Delhi, Jan 13 (IBNS): Businessman Ratan Tata, who was serving as Tata Sons' interim Chairman, on Friday appreciated the appointment of N. Chandrasekaran as the Executive Chairman of the group.
India needs 80 lakhs Wi-Fi hotspots: ASSOCHAM-Deloitte study
Jan 14, 2017, at 12:22 am
New Delhi, Jan 13 (IBNS): India needs over 80 lakhs hotspots as against the availability of about 31,000 hotspots with a view to reach the global level of one Wi-Fi hotspot penetration for every 150 people, according to ASSOCHAM-Deloitte joint study.
Tata Power's TPSDI trains over 11,000 youth across India
Jan 14, 2017, at 12:09 am
Mumbai/ Kolkata, Jan 13 (IBNS) Tata Power, an integrated power company through its skill development endeavor, TPSDI (Tata Power Skill Development Institute) on National Youth Day, trained more than 11,000 youth across the nation.
Indian benchmark indices close flat on Friday, Infosys lowers revenue guidance
Jan 13, 2017, at 09:31 pm
Mumbai/Bengaluru, Jan 13 (IBNS): The Indian market closed flat on Friday with BSE Sensex down 9.10 points at 27238.06, and NSE Nifty down 6.85 points at 8400.35.
Tata Power Renewable Energy commissions two projects in Andhra Pradesh, Tamil Nadu
Jan 13, 2017, at 04:43 am
Mumbai/ Kolkata, Jan 12 (IBNS): Tata Power Renewable Energy Ltd (TPREL), a renewable energy company and Tata Power's wholly-owned subsidiary, on Thursday announced the commissioning of 36 MW wind capacity of a 100 MW wind farm (under construction) at Nimbagallu in Andhra Pradesh, and 49 MW solar plant at Kayathar, Tamil Nadu, under Welspun Renewable Energy Private Limited (WREPL).
-1484239413.jpg "SBI chairman dismisses Manmohan Singh's allegation, says demonetisation won't affect economic growth")
SBI chairman dismisses Manmohan Singh's allegation, says demonetisation won't affect economic growth
Jan 13, 2017, at 03:43 am
Guwahati, Jan 12 (IBNS): The Chairman of State Bank of India (SBI) Arundhati Bhattacharya on Thursday denied the allegation of former Prime Minister Manmohan Singh on demonetization.
-1484238092.jpg "Tata Sons appoints N. Chandrasekaran as its Chairman")
Tata Sons appoints N. Chandrasekaran as its Chairman
Jan 13, 2017, at 03:22 am
Mumbai, Jan 12 (IBNS): The Board of Directors of Tata Sons, at its meeting on Thursday, appointed N. Chandrasekaran as Executive Chairman as as per the unanimous recommendation of the Selection Committee.
Rajesh Gopinathan appointed as TCS Chief Executive Officer
Jan 13, 2017, at 02:13 am
Mumbai, Jan 12 (IBNS): Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions firm, on Thursday announced that Rajesh Gopinathan has been appointed as Chief Executive Officer and Managing Director.
N. Chandrasekaran appointed Chairman of Tata Sons
Jan 13, 2017, at 01:46 am
Mumbai, Jan 12 (IBNS): The Board of Directors of Tata Sons, at its meeting on Thursday, appointed N. Chandrasekaran as Executive Chairman.
Mahindra Lifespaces to foray into Gujarat with new industrial park near Ahmedabad
Jan 13, 2017, at 12:47 am
Mumbai/Ahmedabad, Jan 12 (IBNS): Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the USD 17.8 billion Mahindra Group, on Thursday announced that it has signed an MoU with the Government of Gujarat, through a 100% subsidiary, to establish a 350-acre (approx.), multi-product industrial park near Ahmedabad.
Indian market gains on Thursday, TCS reports net profit of $1 billion for Q3
Jan 12, 2017, at 10:00 pm
Mumbai, Jan 12 (IBNS): The Indian market ended higher on Thursday with BSE Sensex up 106.75 points at 27247.16 and NSE Nifty up 26.55 points at 8407.20.
Jet Airways introduces direct daily flight between Mangaluru and Delhi
Jan 12, 2017, at 09:57 pm
Mangaluru, Jan 12 (IBNS): Jet Airways will introduce a new daily service between Mangaluru and New Delhi, offering business travellers from the South Indian port city and commercial hub connectivity with the national capital.
Jan 12, 2017, at 01:37 am
Mumbai, Jan 11 (IBNS): Consumer loan demand for two-wheeler and consumer durable loans have seen significant drops since the Nov 8, 2016 demonetization announcement, according to a new analysis by TransUnion CIBIL.