World Bank approves support to vocational training across India

Mar 07, 2017, at 12:28 am

Washington, Mar 6 (IBNS): The World Bank Board has approved the US$ 125 million Skills Strengthening for Industrial Value Enhancement Operation (STRIVE) aimed at improving the quality of long-term vocational training provided in Industrial Training Institutes (ITIs) and apprenticeships.

Large imports of items like electronics run counter to Make in India, finds ASSOCHAM analysis

Mar 06, 2017, at 10:42 pm

New Delhi, Mar 6 (IBNS): For success of its flagship programme to boost manufacturing within the country, the government’s Make in India should first target high import intensive items like electronic goods, machinery, steel and transport equipment which together add close to USD nine billion or over 27 per cent of the country’s monthly import bill, according to an ASSOCHAM analysis.

Snapdeal reduces payment time to sellers by 40%

Mar 06, 2017, at 10:33 pm

New Delhi, Mar 6 (IBNS): Snapdeal on Monday announced a major benefit for its sellers by reducing its seller payment cycle by 40%, thereby becoming the e-commerce platform that offers the fastest payment schedule in the country.

Indian market ends Monday on positive note

Mar 06, 2017, at 10:11 pm

Mumbai, Mar 6 (IBNS): The Indian market closed Monday on positive note after index heavyweights managed to hold up the market on a subdued day, according to media reports.

Tata Motors launches TIAGO AMT

Mar 06, 2017, at 09:52 pm

New Delhi, Mar 6 (IBNS): After the overwhelming success of TIAGO in the passenger vehicle market, Tata Motors has quickly come back with a new variant of the Tata Tiago, to offer its customers a pleasurable drive experience.

Jet Airways,Fiji Airways announce codeshare agreement

Mar 06, 2017, at 09:50 pm

Mumbai, Mar 6 (IBNS): Jet Airways, India’s full-service premier international airline and Fiji Airways, Fiji’s National Airline, on Monday announced a codeshare partnership which offers guests travelling on both carriers convenient and seamless connectivity between India and Fiji via Singapore and Hong Kong.

Opportunity to increase domestic steel use exists, says Minister Birender Singh

Mar 06, 2017, at 09:25 pm

New Delhi, Mar 6 (IBNS): Union Minister of Steel Birender Singh laid out five focus areas for maximising the use of steel, the Ministry of Steel announced on Monday.

Vodafone India celebrates ‘#ConnectedSheCan’

Mar 06, 2017, at 09:24 pm

New Delhi, Mar 6 (IBNS): Armed with a key focus of building a diverse and inclusive work culture, Vodafone India will celebrate the International Women’s Day with a week-long series of exciting events lined up from March 6th to 10th, 2017.

Nukkadwala opens its tenth outlet in Cyber Hub, Gurugram

Mar 06, 2017, at 09:13 pm

Gurugram, Mar 6 (IBNS): Catapulting with the modern-yet-traditional outlook of the denizens of Gurugram, Nukkadwala – India’s newest chain of QSR (Quick service restaurants) of Vatika Group, has opened its tenth branch in Gurugram’s plush Cyber Hub.

Destination NorthEast India exhibition to attract investments into the area

Mar 06, 2017, at 07:39 pm

Chandigarh, Mar 6 (IBNS): The three-day exhibition called Destination NorthEast 2017 began in Chandigarh on Monday with all the eight states from the north-eastern part of India participating in the show.

GST Council approves CGST Bill and IGST Bill

Mar 05, 2017, at 12:43 am

New Delhi, May 4 (IBNS): The Goods and Services Tax GST) Council, in its meeting held today in Vigyan Bhawan in New Delhi under the Chairmanship of the Union Minister for Finance & Corporate Affairs, Arun Jaitley has approved the draft CGST Bill and the draft IGST Bill as vetted by the Union Law Ministry.

GST rollout likely by July 1, says Jaitley

Mar 04, 2017, at 11:15 pm

New Delhi, Mar 4 (IBNS): In a major announcement, Union Finance Minister Arun Jaitley on Saturday said Goods and Service Tax Council has cleared the Central GST (C-GST) and Integrated GST (I-GST) laws.

Following Ambassador, Peugeot set to acquire Opel, Vauxhall

Mar 04, 2017, at 07:42 pm

Mumbai, Mar 4 (IBNS): Following the acquisition of Ambassador from Indian car manufacturer Hindustan Motors, Peugeot is set to expand its range by entering a deal with General Motors for its Opel and Vauxhall brands, media reports said.

India and Canada focus on expanding bilateral trade

Mar 04, 2017, at 07:06 pm

New Delhi, Mar 4 (IBNS): India and Canada are focused on expanding bilateral trade and investment between the two countries, the Union Ministry of Commerce and Industry said in a release on Saturday.

Whirlpool introduces new logo, undertakes major brand expansion

Mar 04, 2017, at 05:08 am

Kolkata, Mar 3 (IBNS): Whirlpool Corporation, manufacturer and marketer of major home appliances, introduced its all new logo which indicates the company's growth and expansion across categories.

Maruti Suzuki forays into high performance segment with Baleno RS

Mar 04, 2017, at 01:21 am

New Delhi, Mar 3 (IBNS): India’s automobile market leader Maruti Suzuki India Limited marked its entry into a high-performance segment with the Baleno RS here on Friday.

Maruti Suzuki Vitara Brezza records another milestone; sells over 100,000 units

Mar 04, 2017, at 12:17 am

New Delhi, Mar 3 (IBNS): Maruti Suzuki India Limited’s (MSIL) on Friday said its top-selling urban compact SUV Vitara Brezza has crossed one lakh cumulative sales milestone in the domestic market.

Lamborghini launches the Aventador S in India

Mar 03, 2017, at 10:22 pm

Kolkata,Mar 3 (IBNS): Automobili Lamborghini India, on Fridaylaunched the Lamborghini Aventador S in India.

Indian benchmark indices recover from loss to end flat on Friday

Mar 03, 2017, at 10:15 pm

Mumbai, Mar 3 (IBNS): Indian market closed flat on Friday but posted a weekly loss after six consecutive weekly gains, according to media reports.

Essar Power Hazira Gujarat unit attains 100 per cent capacity utilisation

Mar 03, 2017, at 07:13 pm

Mumbai, Mar 3 (IBNS): Essar Power Hazira Ltd, a subsidiary of Essar Power Ltd, announced on Friday that its 2x135 MW power project in Hazira, Gujarat, has begun operating consistently at close to 100% capacity utilisation.

Snapdeal, Truecaller partner to make 'shopping experience frictionless'

Mar 03, 2017, at 04:58 am

New Delhi, Mar 2 (IBNS): Snapdeal, an Indian online marketplace, has partnered with Truecaller, one of the leading communication apps in the world to enhance consumer experience by integrating Truecaller Priority in the company's IVR and order confirmation numbers.

Flipkart wins top awards in customer service in retail/e-Commerce

Mar 03, 2017, at 04:54 am

Bangalore, Mar 2 (IBNS): Flipkart's focus on customers was recognized at the Customer Engagement and Loyalty Summit 2017 last month, where it won top awards in the retail and e-commerce category.

Harley-Davidson India invests in ownership experience for H.O.G. members

Mar 03, 2017, at 04:45 am

New Delhi/Kolkata, Mar 2 (IBNS): Harley-Davidson India, on Thursday, announced the launch of its exclusive storage facility for its Armed Forces H.O.G Chapter.

Over 50 per cent finance professionals see shared services roles as attractive, says ACCA report

Mar 03, 2017, at 03:43 am

Mumbai, Mar 2 (IBNS): More than 50 per cent of finance professionals increasingly see a career in shared services as a long-term option, a development opportunity and a gateway to other business careers, according to the latest report from ACCA (Association of Chartered Certified Accountants).

Manpasand Beverages eyes revenue growth through Indian Railways

Mar 03, 2017, at 01:20 am

Mumbai, Mar 2 (IBNS): Manpasand Beverages Limited, India’s leading fruit juice player, is eyeing a healthy growth in its revenues through Indian Railways in the coming months.

JCB India commits to infrastructure development in NE India through its new range of products

Mar 03, 2017, at 12:43 am

Guwahati, Mar 2 (IBNS): JCB India Limited, an Indian manufacturer of Earthmoving and Construction Equipment, showcased a product line up at ConMac 2017 held at Maniram Dewan Trade center in Guwahti, which started from Thursday.

Indian market erases morning gains and ends lower on Thursday

Mar 02, 2017, at 11:21 pm

Mumbai, Mar 2 (IBNS): Indian equity benchmarks, which rose considerably on Thursday morning, ended lower at close of business, largely due to profit taking, according to media reports.

Private banks start charging minimum Rs. 150 after free cash transactions a month

Mar 02, 2017, at 06:15 pm

New Delhi, Mar 2 (IBNS) : Some private banks have started charging a minimum amount on cash deposits and withdrawals beyond four free transactions a month, reports said.

Ujjivan Small Finance Bank launches 'Paison Ki ABCD', a film on financial literacy

Mar 02, 2017, at 03:27 am

Mumbai, Mar 1 (IBNS): Ujjivan Small Financial Bank Ltd. (Ujjivan SFB) has launched a powerful, educational film on Financial Literacy titled 'Paison Ki ABCD'.

Maruti Suzuki sells 130,280 units in February

Mar 02, 2017, at 02:23 am

New Delhi, Mar 1 (IBNS): Maruti Suzuki India Limited, leader in passenger vehicles,on Wednesday said sold a total of 130,280 units in February 2017.