UBI may be launch as a pilot says Finance Minister
Feb 10, 2017, at 09:41 pm
New Delhi, Feb 10 (IBNS): Extoling virtues of the Universal Basic Income, Finance Minister Arun Jaitley on Friday said at ASSOCHAM event at least one state is willing to take a plunge and launch a pilot on the scheme, proposed by the Economic Survey.
Tata Motors Group global wholesales reported at 95,931 in Jan
Feb 10, 2017, at 05:00 am
Mumbai/Kolkata, Feb 9 (IBNS): The Tata Motors Group global wholesales in January 2017, including Jaguar Land Rover, were at 95,081 nos., higher by 3%, over January 2016.
SAIL reports gross turnover increase by more than 25% over CPLY in Q3 FY17
Feb 10, 2017, at 04:50 am
New Delhi, Feb 9 (IBNS): Steel Authority of India Ltd. (SAIL) registered an increase in total sales by 16% and 12.5% for the April-December (9M) period and Q3 of FY17 with 9.66 Million Tonnes (MT) and 3.27 MT of saleable steel respectively over corresponding period last year (CPLY).
GOCL consolidated turnover for Q-3 increases by 6.5% to Rs. 134 crores
Feb 10, 2017, at 01:51 am
Hyderabad, Feb 9 (IBNS): GOCL Corporation Ltd., a Hinduja Group Company, has reported a consolidated turnover for Q-3 increase of 6.5% to Rs. 134 crores ( Rs. 126 crores ) and an Operating Profit of Rs. 4.77 crores ( Rs. 3.17 crores).
Indian benchmark indices end Thursday in positive territory
Feb 09, 2017, at 10:08 pm
Mumbai, Feb 9 (IBNS): The Indian market recovered on Thursday even though NSE Nifty failed to retain its 8800 mark, according to media reports.
Overnite Express Ltd. celebrates 30 years of its Domestic & International Operations
Feb 09, 2017, at 04:37 am
Mumbai, Feb 8 (IBNS): Overnite Express Ltd, a player in Express Industry, has successfully completed its 30 grandeur years in serving fastest delivery of Domestic & International couriers.
Renault-Nissan Alliance delivers growth in 2016
Feb 09, 2017, at 02:12 am
Paris, Feb 8 (IBNS): The Renault-Nissan Alliance on Wednesday said it delivered significant growth in 2016, with global sales of 9.96 million vehicles. The car group also reinforced its leadership in zero-emission vehicles with cumulative sales of nearly 425,000 electric vehicles since the introduction of the Nissan LEAF in 2010, followed by the Renault ZOE.
NSE appoints Vikram Limaye as new MD & CEO
Feb 08, 2017, at 11:34 pm
Mumbai, Feb 8 (IBNS): The Board of Directors of the National Stock Exchange met recently and decided to appoint Vikram Limaye as MD & CEO of NSE, subject to approval of shareholders and SEBI, for a period of five years.
Volvo Cars reports operating profit of SEK11bn in 2016
Feb 08, 2017, at 11:30 pm
Kolkata, Feb 8 (IBNS): Volvo Cars, the premium car maker, has reported a robust 66 per cent increase in operating profit in 2016 to SEK11.0bn compared to SEK6.6bn in 2015, as global sales hit a new record of 534,332 cars.
Cash withdrawal limits to end from Mar 13, says RBI
Feb 08, 2017, at 10:23 pm
Mumbai, Feb 8 (IBNS): The Reserve Bank of India on Wednesday announced people can withdraw Rs. 50,000 per week from their savings accounts from Feb 20.
Indian market ends flat after RBI keeps rates intact, cash withdrawal limits to be removed in p
Feb 08, 2017, at 10:20 pm
Mumbai, Feb 8 (IBNS): The Indian market closed flat on Wednesday largely disappointed with the Reserve Bank of India's Monetary Policy Committee keeping interest rates unchanged, according to media reports.
RBI cites inflation and global uncertainty for keeping rates unchanged
Feb 08, 2017, at 10:06 pm
Mumbai, Feb 8 (IBNS): The Reserve Bank of India (RBI) kept its repo rate, the rate at which RBI lends money to commercial banks, unchanged at 6.25 per cent, at its monetary policy meeting on Wednesday.
Mahindra Lifespaces and State Bank of India sign MoU
Feb 08, 2017, at 10:04 pm
Mumbai,Feb 8 (IBNS) Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, on Wednesday announced a partnership with State Bank of India (SBI) for the establishment of a market-focused platform that will provide information and bespoke home buying solutions for customers across India.
Govt launches special portal, mobile application to speed up statutory clearances for mining
Feb 08, 2017, at 08:58 pm
New Delhi, Feb 8 (IBNS): The central government is launching a special portal and mobile application to enhance transparency and accountability in statutory clearances for mining operations, the Ministry of Mines announced on Wednesday.
Toyota Kirloskar Motor launches new Dual-Tone Etios Liva
Feb 08, 2017, at 03:24 am
Bangalore, Feb 7 (IBNS): Toyota Kirloskar Motor (TKM) on Tuesday announced the launch of the new Dual-Tone Etios Liva with eye-catching dual tone design, unmatched safety standards and a host of exciting features.
Banks accelerate Blockchain Investment, reveals Infosys Finacle and LTP study
Feb 08, 2017, at 02:40 am
Bangalore, Feb 7 (IBNS): Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, along with its partner Let's Talk Payments (LTP), on Tuesday released a global survey report - 'Blockchain Technology: From Hype to Reality'.
ASSOCHAM seeks fine prints of electoral bond scheme
Feb 08, 2017, at 01:59 am
New Delhi, Feb 7 (IBNS): ASSOCHAM on Tuesday said the fine prints of the electoral bond scheme for donations to the political parties by businesses and wealthy individuals should aim at maximising clean-up of the system and transparency in political funding.
Technology has to support financial infrastructure say experts
Feb 08, 2017, at 01:07 am
Kolkata, Feb 7 (IBNS): Speakers at the Financial Summit 2017, recently organised by Kolkata-based Bengal Chamber of Commerce and Industries (BCC&I), emphasised on the need to integrate financial infrastructure and technology to boost capital markets.
Nissan India inaugurates new dealership in Varanasi
Feb 07, 2017, at 10:30 pm
Varanasi ,Feb 7 (IBNS): The Nissan Group of India on Tuesday inaugurated a new dealership in Varanasi, Uttar Pradesh, amid ongoing initiatives to increase its customer touchpoints across India.
Indian benchmark indices end lower on Tuesday
Feb 07, 2017, at 10:13 pm
Mumbai, Feb 7 (IBNS): The Indian market on Tuesday succumbed to worries about the upcoming Reserve Bank of India policy meet and closed lower, according to media reports.
Neeraj Akhoury takes charge as Managing Director & CEO of ACC
Feb 07, 2017, at 09:50 pm
New Delhi, Feb 7 (IBNS): Neeraj Akhoury has been appointed as the Managing Director & CEO of ACC.
HEALTH INSURANCE AND ITS MAJOR BENEFITS
Feb 07, 2017, at 04:32 am
Health insurance is an investment to protect yourself and your family. Contrary to the common belief, a medical insurance policy is not an expense. Your policy covers your hospital cost if you suffer from a health disorder. There are various plans to cover your health risk that are flexible and can be customized. It is important to understand why you need a medical insurance policy from a fundamental perspective first.
Tata Motors hosts new ‘Small Commercial Vehicle Application Expo’
Feb 07, 2017, at 12:11 am
Kolkata, Feb 6 (IBNS): Furthering initiatives for an enhanced customer purchase experience around its popular range of ACE Small Commercial Vehicles (SCV), Tata Motors will host its ‘Small Commercial Vehicle Application Expo’ – ‘Har Business ka Ace’ in Kolkata on Feb 7 and 8.
Indian benchmark indices end Monday on four-month high
Feb 06, 2017, at 11:13 pm
Mumbai, Feb 6 (IBNS): The Indian market ended Monday on a somewhat high note, closing at a four-month high, largely banking on hopes of a rate cut in the forthcoming Reserve Bank of India policy meet, according to media sources.
Lava launches the very first 4G-enabled feature phone in India
Feb 06, 2017, at 11:02 pm
New Delhi /Kolkata, Feb 6 (IBNS): Lava International Limited,on Monday launched the very first 4G-enabled smart feature phone in India – Lava 4G Connect M1.
Cyrus Mistry removed as Director of Tata Sons Limited
Feb 06, 2017, at 10:57 pm
Mumbai, Feb 6 (IBNS): Shareholders of Tata Sons on Monday voted to remove Cyrus Mistry as a Director of Tata Sons Limited.
OYO commemorates meritorious service in Indian police force
Feb 06, 2017, at 09:22 pm
New Delhi, Feb 6 (IBNS): OYO, India’s largest hotel chain, partnered with IPS Central Association (ICA) to offer special benefits to the bravery award winners in the Indian police force and their families.
West Bengal: IIT Kharagpur holds Global Entrepreneurship Summit 2017
Feb 06, 2017, at 06:29 pm
Kharagpur/Kolkata, Feb 6 (IBNS): The Global Entrepreneurship Summit 2017, the largest student-level entrepreneurial summit in India, organised by IIT Kharagpur here on Feb 4, served as a networking platform for budding entrepreneurs, industry leaders and investors.
Qatar Duty Free opens Harvest market restaurant in HIA
Feb 06, 2017, at 01:29 am
Doha, Feb 5 (IBNS): Qatar Duty Free, in partnership with HMSHost International, has opened Doha’s very first Harvest Market restaurant, providing travellers with an exciting open-air food market dining experience inside the Middle East’s only five-star terminal, Hamad International Airport (HIA).
Feb 06, 2017, at 12:57 am
Doha, Feb 5 (IBNS): The Executive Board of Directors of Qatar Airways Group in its meeting on Jan 31 announced the establishment of a new company to manage and operate Hamad International Airport (HIA), as an independent entity owned by Qatar Airways Group.