ITC Ltd says net profit up over five per cent in an operationally challenging quarter
Jan 27, 2017, at 08:35 pm
Kolkata, Jan 27 (IBNS): ITC Ltd announced the results for the quarter and nine-months ending Dec 2016, on Friday, which showed that the company's net profit has gone up 5.7 per cent for the quarter.
Indian start-up award winners take off on Rocketship-fuelled biz trip to UK
Jan 27, 2017, at 07:51 pm
New Delhi, Jan 27 (IBNS): A group of select young entrepreneurs from India, some of whom have already received angel funding from home, are set to visit the United Kingdom to raise their profile with global investors, incubators and business hubs.
Jan 27, 2017, at 05:15 am
Kolkata, Jan 25 (IBNS): The Bengal Chamber of Commerce & Industry (BCC&I), India’s oldest institution of its kind tracing its origins to 1833, organised a one-day “Workshop on Safe Uses of Pesticidesâ€, in association with Hindustan Insecticides Limited (HIL).
India's first online MF platform offering Direct Plans through Robo Advisory
Jan 27, 2017, at 04:29 am
Kolkata, Jan 24 (IBNS): Moneyfront.in went live with its robo advisory mutual fund investment platform.
Jan 26, 2017, at 07:09 pm
Bangalore, Jan 26 (IBNS): Infosys, a global leader in consulting, technology, outsourcing and next-generation services, on Thursday announced that it has been awarded in the 'Best in Show' category by TM Forum Live! Asia.
Bank of Baroda offers 'Debit Card EMI' to savings bank account holders
Jan 26, 2017, at 05:04 am
New Delhi, Jan 25 (IBNS): Bank of Baroda has launched EMI-purchase finance product for its savings account customers and the product is positioned as Debit Card EMI.
Jet Airways celebrates R-Day by offering special fares across domestic, global network
Jan 25, 2017, at 11:46 pm
Mumbai, Jan 25 (IBNS): Jet Airways, India’s full-service, premiere international airline, on Wednesday announced special fares in connection with the celebrations surrounding India’s 68th Republic Day.
Tata Motors launches Hybrid & Electric buses
Jan 25, 2017, at 11:41 pm
Pune/ Kolkata, Jan 25 (IBNS): Tata Motors, one of the global top 10 truck and bus manufacturers, on Wednesday unleashed the future of mass public transportation at its Pune facility thus reiterating the company’s commitment towards smart and green technology and mobility solutions.
Jan 25, 2017, at 11:40 pm
Kolkata/Pune, Jan 25 (IBNS): TAL Manufacturing Solutions Ltd, a Tata Enterprise a wholly owned subsidiary of Tata Motors, on Wednesday said it is set to take the industrial manufacturing in India by storm by showcasing the compact BRABO 2kg payload range of indigenous Industrial Articulated Robot at the IMTEX 2017.
Link BPO promotion scheme with direct tax benefit: ASSOCHAM plea to Govt.
Jan 25, 2017, at 10:14 pm
New Delhi, Jan 25 (IBNS): Apex industry body ASSOCHAM has suggested the Union Government to link the India business process outsourcing promotion scheme (IBPS) with direct tax benefit.
GST on healthcare will make medicare unaffordable: ASSOCHAM-TechSci study
Jan 25, 2017, at 10:08 pm
Mumbai, Jan 25 (IBNS): The healthcare sector catering to the unmet health needs of the society should be kept out of the purview of the Goods and Services Tax (GST) or else medical care would become expensive and unaffordable for the common persons, said an ASSOCHAM-TechSci Research paper.
Indian market ends higher on Wednesday, Modi-Trump friendly exchange makes market hopeful
Jan 25, 2017, at 09:47 pm
Mumbai, Jan 25 (IBNS): The Indian market has closed higher on Wednesday with the NSE Nifty ending January Futures & Options (F&O) up 126.95 points at 8602.75 and the BSE Sensex up 332.56 points at 27708.14.
Digital Payments: CM committee submits interim report to PM Modi, govt to examine report
Jan 25, 2017, at 07:58 pm
New Delhi, Jan 25 (IBNS): The Union government is yet to take a final decision taken on the recommendations of the Committee of Chief Ministers on Digital Payments, the central Ministry of Finance said on Wednesday.
ICICI Prudential Life plans to focus on expansion through protection business in India
Jan 25, 2017, at 04:17 am
Mumbai, Jan 24 (IBNS): India's only listed life insurer, ICICI Prudential Life Insurance Company Ltd. (ICICI Prudential Life), a joint venture between ICICI Bank Ltd and Prudential Corporation Holdings Limited, reported its performance for the period ended December 31, 2016 on Tuesday.
Jan 25, 2017, at 03:57 am
Mumbai, Jan 24 (IBNS): The Indian market posted gains for the consecutive second day on Tuesday with BSE Sensex up 258.24 points at 27375.58, the highest level since Nov 10, 2016 and the NSE Nifty up 84.30 points at 8475.80.
BookMyShow acquires Hyderabad based MastiTickets
Jan 25, 2017, at 03:14 am
Vijayawada, Jan 24 (IBNS): BookMyShow on Tuesday announced that it has acquired Hyderabad based online ticketing platform MastiTickets for an undisclosed amount.
TVS Motor Company Ltd's total revenue grew to Rs. 3239.55 Crores
Jan 25, 2017, at 12:41 am
New Delhi, Jan 24 (IBNS): Two and three-wheeler maker TVS Motor Company Ltd on Tuesday said total revenue grew to Rs. 3239.55 Crores in the quarter ended December 2016 as against Rs. 3151.12 Crores recorded in the quarter ended December 2015.
EY, Microsoft join hands to drive greater adoption of analytics and intelligence services in India
Jan 24, 2017, at 11:41 pm
Kolkata / Mumbai, Jan 24 (IBNS): EY, a leading global professional services organization, on Tuesday announced a strategic alliance with Microsoft (NASDAQ: MSFT) to develop and deliver innovative high-performance intelligence and analytics advisory services in India.
OYO launches an aspirational living category
Jan 24, 2017, at 11:38 pm
New Delhi, Jan 24 (IBNS): OYO, a hotel Company, on Wednesday announced the launch of OYO Townhouse, positioned as a friendly neighbourhood hotel.
Tata Power’s Maithon Power Plant awarded with Global Energy Management Award 2017
Jan 24, 2017, at 11:06 pm
Kolkata/ Dhanbad, Jan 24 (IBNS): Tata Power's Maithon Power Limited (MPL), the Company's 74:26 joint venture with Damodar Valley Corporation (DVC), has always stood out for its exemplary efforts towards energy and environment conservation. In recognition of its excellence, MPL was bestowed by South Asia Forum for Energy Efficiency (SAFEE) with Global Energy Management Award 2017.
Flipkart sells close to two lakh units of Redmi Note 4 within minutes of going Live
Jan 24, 2017, at 10:28 pm
Bangalore, Jan 24 (IBNS): E-commerce market place Flipkart said it has crerated history by selling nearly 2 lakh units of the latest Redmi Note 4, within a few minutes of launching the sale. Redmi Note 4, which made its world debut in India, is available exclusively on Flipkart and Mi.com.
Etihad Aviation Group announces President and CEO transition process
Jan 24, 2017, at 10:09 pm
Abu Dhabi, Jan 24 (IBNS): The Etihad Aviation Group Board of Directors on Tuesday announced that James Hogan will step down as President and Chief Executive Officer of the company in the second half of 2017.
Cabinet approves interest waiver for the two months of November and December
Jan 24, 2017, at 09:53 pm
New Delhi, Jan 24 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval for interest waiver for the two months of November and December, 2016 for farmers accessing short term crop loans from Cooperative Banks.
Tata Motors kicks-off T1 Racer Program (TRP) 2.0
Jan 24, 2017, at 09:20 pm
Mumbai/Kolkata, Jan 24 (IBNS): In line with the company’s strategic objective of making the profession of truck driving aspirational, Tata Motors on Tuesday announced the second edition of its the truck driver race selection and training program [TRP 2.0].
Kolkata: QSR start-up Wow! Momo opens 101st outlet
Jan 24, 2017, at 05:16 pm
Kolkata, Jan 24 (IBNS): Innovation in momos is its ultimate USP said Sagar Daryani, co-founder of Wow! Momo, a pan-India fast-food chain, which launched its 101st outlet recently in Kolkata.
Swiss Re receives branch license to offer reinsurance in India
Jan 24, 2017, at 03:57 am
New Delhi, Jan 23 (IBNS): Swiss Re has received the approval from the Insurance Regulatory and Development Authority of India (IRDAI) to open a branch in Mumbai.
Harvard South Asia Institute, Tata Trusts conclude project on 'Livelihood Creation in India'
Jan 24, 2017, at 03:16 am
New Delhi, Jan 23 (IBNS): The Harvard South Asia Institute (SAI) in collaboration with Tata Trusts successfully concluded the 18-months project on 'Livelihood Creation In India' in an event hosted in New Delhi on Monday.
Jan 24, 2017, at 02:05 am
New Delhi, Jan 23 (IBNS): Tata Steel's Noamundi Iron Mine bagged the Platinum (First) Prize in the Mining Sector at the 5th FICCI Quality Systems Excellence Awards for Industry 2017.
Tata Trusts announces 'The City Data for India Initiative' in partnership with World Council
Jan 24, 2017, at 01:13 am
Mumbai/ Kolkata, Jan 23 (IBNS): The City Data for India initiative, a major new program of Tata Trusts in partnership with the World Council on City Data (WCCD), was announced in Mumbai on Monday in a bid to build high calibre data in Indian cities.
Note ban has negative impact on SMEs; large firms can benefit in long run: ASSOCHAM Bizcon
Jan 23, 2017, at 11:33 pm
Chennai, Jan 23 (IBNS): Demonetisation of high value currency notes would leave quite a negative impact on small and medium enterprises, rural consumption and job creation in the immediate run while the large and well organised sectors of the corporate India stand to benefit in the long term horizon, the latest ASSOCHAM Bizcon Survey pointed out.