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Gautam Adani needs SEBI go-ahead to buy stake in NDTV, says media firm | 'Became CM in 2020 due to pressure': Nitish Kumar reveals after BJP's betrayal allegation | Manish Sisodia summoned in Assam court over Himanta Biswa Sarma defamation case | Italian Coast Guard releases video showing moment a 40-metre superyacht sinks off the coast | Ex-judge UD Salvi who convicted 11 men for raping Biklis Bano questions their release | Defence minister Rajnath Singh holds bilateral meets with his Uzbek, Kazakh and Belarusian counterparts in Uzbekistan | Supreme Court refers Shiv Sena case to larger bench, restrains EC from action | Bilkis Bano case: Supreme Court to hear plea against exemption to convicts | Actor and BJP leader Sonali Phogat dies in Goa | Telangana BJP MLA T Raja arrested over controversial comment on Prophet Muhammad

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.

Bosch India improves the business continuity of the start-up ecosystem

Jun 06, 2017, at 10:27 pm

Bengaluru, June 6 (IBNS) Bosch India on Thursday announced the graduation of 13 technology startups from its launch accelerator program- Discover, Nurture and Accelerate (DNA).

NEXTracker achieves 1 GW of Solar Tracker sales in India

Jun 06, 2017, at 10:15 pm

California, June 6 (IBNS): NEXTracker, a Flex company, on Tuesday announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India.

Kolkata: Ashok Leyland and JIS Group inaugurate Service Training Center

Jun 06, 2017, at 10:05 pm

Kolkata, June 6 (IBNS): Ashok Leyland, flagship of the Hinduja Group in partnership with JIS Group Educational Initiatives recently inaugurated a Service Training Center in Kolkata and an eight-seater classroom on wheels called “Knowledge on Wheels” (KNOW).

Denmark based Advantage Media enters Indian market, partners with White Rivers Media

Jun 06, 2017, at 09:45 pm

Mumbai,June 6 (IBNS): Denmark based Advantage Media ventures into the Indian Market, through a collaboration with White Rivers Media, to bring their proprietary Remarketing Tool to the country.

SBI to organize mega farmers’ meet on June 8

Jun 06, 2017, at 09:39 pm

Mumbai, June 6 (IBNS): State Bank of India, the country’s largest lender, will organize farmers’ meets at 15,500 rural and semi-urban branches across the country on June 8.

Myntra signs on Chemistry and AKS for its Accelerator Program

Jun 06, 2017, at 09:28 pm

Bangalore, June 6 (IBNS): As part of a new initiative, Myntra, an online shopping portal, on Tuesday announced the launch of its Accelerator Program.

iMac Pro, the most powerful Mac ever, arrives this December

Jun 06, 2017, at 03:25 pm

California, June 6 (IBNS): Technology giant Apple on Monday gave a sneak peek of iMac Pro, an entirely new workstation-class product line designed for pro users with the most demanding workflows.