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.
Currency Ban: Arun Jaitley says that difficult decisions initially pass through difficult phases
Jan 12, 2017, at 01:00 am
Gandhinagar, Jan 11 (IBNS): Union Finance Minister Arun Jaitley on Wednesday reiterated the advantage of taking bold and courageous decisions to transform Indian economy.
Peps Industries launches 125th Great Sleep Store in Tamil Nadu
Jan 12, 2017, at 12:58 am
Kumbakonam, Jan 11 (IBNS): Peps Industries, a spring mattress manufacturing company, marked the launch of its 125th exclusive showroom- Great Sleep Store at Kumbakonam.
Real estate, infrastructure investment trusts could raise Rs 50K crore: ASSOCHAM-Crisil
Jan 11, 2017, at 09:59 pm
New Delhi, Jan 11 (IBNS): The real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) can help raise close to Rs 50,000 crore in the near term given the interest shown by certain players in the infra and real estate space, noted a recent ASSOCHAM-Crisil joint study.
Indian market gain on Wednesday, World Bank estimates 2017 global growth to rise 2.7 per cent
Jan 11, 2017, at 09:44 pm
Mumbai, Jan 11 (IBNS): The Indian market closed on positive note on Wednesday with BSE Sensex up 240.85 points at 27140.41 and NSE Nifty up 92.05 points at 8380.65.
Magicbricks launches PropWorth 3.0
Jan 11, 2017, at 09:33 pm
Kolkata, Jan 11 (IBNS): The real estate sector in India is going through an evolution and is moving towards growth and transparency.
ICICI Bank executes India’s 1st digitised invoice discounting on RXIL
Jan 11, 2017, at 09:30 pm
Mumbai, Jan 11 (IBNS): ICICI Bank Ltd, India’s largest private sector bank by consolidated assets, announced that it has successfully executed the country’s first digitised invoice discounting transaction on the “Receivables Exchange of India Limited†(RXIL), India’s first TReDS (Trade Receivables Discounting System) exchange.
ABB wins INR 4350 crore deal for long distance power transmission link in India
Jan 11, 2017, at 01:00 am
Bengaluru, Jan 10 (IBNS): ABB has teamed up with India's national electricity grid operator Power Grid Corporation of India Limited (POWERGRID) in a mega project worth over INR 4350 crore for ABB to deliver a transmission link that will have the capacity to bring reliable electricity to more than 80 million people.
Jan 10, 2017, at 10:56 pm
New Delhi, Jan 10 (IBNS): Airline major Vistara, which carries the legacy of two iconic brands – Tata Sons and Singapore Airlines -has marked two years of successful operations on Monday.
Indian benchmark indices gain on Tuesday
Jan 10, 2017, at 09:20 pm
Mumbai, Jan 10 (IBNS): The Indian market perked up on Tuesday following investor interest in auto, infra and oil stocks and closed on positive note, media reported.
Hyderabad based Fintech Company InstaEMI.com expands services to all metro cities
Jan 10, 2017, at 04:02 am
Hyderabad, Jan 9 (IBNS): Hyderabad based Fintech firm- InstaEMI.com on Monday announced to expand its operations to all Metro cities –New Delhi, Mumbai, Pune and Kolkata in the country this month.
Bank of Baroda cuts rate of interest on Home Loans to 8.35%
Jan 09, 2017, at 11:34 pm
New Delhi, Jan 9 (IBNS): Subsequent to reduction of bench mark lending rates i.e, MCLR rates by 55 bps to 75 bps across all tenors w.e.f. 07th January 2017, Bank of Baroda, India’s leading Public Sector Bank has reduced the rate of interest on Home Loans substantially by 70bps w.e.f. 07th January 2017.
Over 69 million consumers shopped online in 2016: ASSOCHAM-Resurgent study
Jan 09, 2017, at 11:07 pm
New Delhi, Jan 9 (IBNS): In 2016, about 69 million consumers purchased online and the number is expected to cross 100 million by 2017 with the rise of digital natives, better infrastructure in terms of logistics, broadband and Internet-ready devices to fuel the demand in e-Commerce, according to an ASSOCHAM-Resurgent India study.
Bengal Chamber organises B2B meeting with Indo-Canada Chamber of Commerce
Jan 09, 2017, at 10:53 pm
Kolkata, Jan 9 (IBNS): The Bengal Chamber on Friday organized a B2B meeting with the delegation of The Indo-Canada Chamber of Commerce here.