RBI gives extra 30 days to repay loans in some categories
Dec 29, 2016, at 05:06 am
New Delhi, Dec 28 (IBNS): In a move to give some relief to citizens post demonetisation, the Reserve Bank of India (RBI) has directed lenders to provide an additional 30 days to borrowers in some categories for repayment of loans.
Bandhan Bank opens 3 new branches in West Bengal
Dec 28, 2016, at 10:50 pm
Howrah, Dec 28 (IBNS): Bandhan Bank on Wednesday opened its 748th branch in Kadamtala, Panchanantala.
Indian benchmark indices close flat on Wednesday
Dec 28, 2016, at 09:59 pm
Mumbai, Dec 28 (IBNS): The Indian market failed to impress on Wednesday and closed flat with BSE Sensex down 2.76 points at 26210.68, and NSE Nifty up 2.00 points at 8034.85.
Take digital era to in flights; ASSOCHAM seeks PM nod
Dec 28, 2016, at 09:51 pm
New Delhi, Dec 28 (IBNS): In an era of digital push, the ASSOCHAM has approached the Prime Minister Mr Narendra Modi and other concerned senior ministers to permit satellite –based ‘In Flight Connectivity (IFC)’ in the aircraft flying over the Indian air space, both for the domestic and foreign airlines.
iBall launches the Windows 10 powered iBall CompBook i360
Dec 28, 2016, at 09:23 pm
New Delhi, Dec 28 (IBNS): iBall, known for its innovative and latest technology products,has launched its ‘iBall CompBook i360’ – a Touch Screen and 360°Convertible laptop at Rs. 12,999 only.
Viral Acharya appointed RBI Deputy Governor
Dec 28, 2016, at 08:24 pm
Mumbai, Dec 28 (IBNS) : The Centre Government on Wednesday appointed Viral V. Acharya as one of the Reserve Bank of India's four deputy governors for a term of three years, according to an RBI statement.
Role of SecureNow as An Insurance Broker
Dec 28, 2016, at 03:56 pm
ICICI Bank launches 'Eazypay', mobile app for merchants to accept payments
Dec 28, 2016, at 12:53 am
Mumbai, Dec 27 (IBNS): ICICI Bank, a private sector bank by consolidated assets, on Tuesday announced the launch of 'Eazypay', a mobile application to enable merchants, retailers and professionals to accept instant cashless payments on mobile phones from their customers through multiple digital modes.
Godrej Appliances, Mumbai Dabbawala Association take a step towards #UnHungryIndia
Dec 28, 2016, at 12:42 am
Mumbai, Dec 27 (IBNS): India is home to 194.6 million undernourished people and one third of the world's chronically malnourished children.
Suzuki launches all-new Swift Compact Car in Japan
Dec 27, 2016, at 11:08 pm
Tokyo, Dec 27 (IBNS): Suzuki Motor Corporation on Tuesday announced that the all-new Swift compact car will go on sale in Japan on Jan 4, 2017.
Indian benchmark indices regain position on Tuesday
Dec 27, 2016, at 10:50 pm
Mumbai, Dec 27 (IBNS): The Indian market heaved a sigh of relief on Tuesday with the BSE Sensex going up by 400 points and the NSE Nifty reclaiming its psychological 8000 mark, media reported.
Tata Motors signs on Akshay Kumar as brand ambassador for its Commercial Vehicles Business
Dec 27, 2016, at 09:43 pm
Kolkata/Mumbai, dec 27 (IBNS): Tata Motors, the country’s largest automotive player and among the top 10 truck and bus manufacturers globally, on Tuesday announced the appointment of Bollywood film star Akshay Kumar, as the brand ambassador for its Commercial Vehicle Business Unit. Indian Cinema’s ‘original Khiladi’ will make his blockbuster entry in this new role at the launch of Tata Motors’ latest offering in Commercial Vehicles, slated in January 2017.
Nobody should think that tax evasion is acceptable: Jaitley
Dec 27, 2016, at 01:27 am
New Delhi, Dec 26 (IBNS): Union Finance Minister Arun Jaitley said that there is an urgent need for change in mindset and India has to move towards a mindset of voluntary compliance.
Bandhan Bank unveils Brahmapur branch
Dec 26, 2016, at 11:32 pm
Kolkata, Dec 26 (IBNS): Bandhan Bank on Monday launched its new branch at Brahmapur area in West Bengal.
Indian market open the week in negative territory
Dec 26, 2016, at 10:32 pm
Mumbai, Dec 26 (IBNS): The Indian market, on Monday, started the week on a negative note, with BSE Sensex down 233.60 points at 25807.10 and NSE Nifty down 77.50 points at 7908.25.
Dec 26, 2016, at 10:12 pm
New Delhi, Dec 26 (IBNS): In order to mitigate the problems of farmers and those engaged in allied activities like poultry farming and horticulture, arising out of the demonetization, the ASSOCHAM has suggested issuance of Transferrable Receipts (TRs) by agencies like the Food Corporation of India (FCI), National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) and other Central and state entities against procurement of the farm produce.
Tata Power promotes Bio diversity and Afforestation in the Western Ghats of India
Dec 26, 2016, at 09:41 pm
Mumbai/ Kolkata, Dec 26 (IBNS): Tata Power, India’s largest integrated power company, on Monday said it has been working relentlessly towards promoting bio diversity and environment conservation at its facilities across the country.
Dec 26, 2016, at 09:08 pm
Bangalore Dec 26 (IBNS): Infosys has been inducted into the ‘Winner’s Circle’ in the HfS Blueprint Report, 2016 for Energy Operations by leading analyst firm HfS Research.
Maintaining Your Transport Business through the Unexpected Accidents
Dec 26, 2016, at 06:34 pm
Transit insurance is one of the most significant policies for you in case you require frequent to and fro of resources (raw materials and finished products) from one place to another. However, if you are in the transport business, this policy must be on the top of your list.
430 kg of gold, INR 12 lakh in new notes unveiled in Delhi raid
Dec 24, 2016, at 08:11 pm
New Delhi, Dec 24 (IBNS): A new raid by officers has unveiled 430 kilograms of gold and INR 12 lakh in new notes from a Delhi firm, media report said.
Definitive move in last two months to damage my reputation: Ratan Tata
Dec 24, 2016, at 05:07 am
Mumbai, Dec 23 (IBNS): Ratan Tata on Friday finally broke his silence over the impasse faced by the Tata Group and said there was a definite move to damage his personal reputation.
Indian market posts marginal gain on Friday, ends lower for the week
Dec 23, 2016, at 10:11 pm
Mumbai, Dec 23 (IBNS): The Indian market was finally able to break the successive sessions of decline and post marginal gains on Friday. however, the NSE Nifty failed to cross the 8K mark.
Dec 23, 2016, at 09:41 pm
Mumbai/ Kol, Dec 23 (IBNS): Tata Steel Limited on Friday announced that it has executed definitive agreements to acquire 100% equity shares of Brahmani River Pellets Limited (BRPL) from Aryan Mining and Trading Corpn Private Limited (AMTC) and other companies in the Moorgate Industries Group (MIG).
Cyrus vs Tatas: NCLT tells Mistry to file rejoinder
Dec 22, 2016, at 09:24 pm
Mumbai, Dec 22 (IBNS): The National Company Law Tribunal on Thursday did not grant any interim reliefs in the Company Petition by ousted chairman Cyrus Mistry, said Tata Sons after Mistry filed a petition against the salt-to-software conglomerate before the quasi-judicial body to either replace the company's current board, or appoint a retired Supreme Court judge as non-executive chairman.
Nusli Wadia ousted from Tata Steel as shareholders go for voting at EGM
Dec 22, 2016, at 06:50 pm
Mumbai, Dec 22 (IBNS) : Close on the heels of Cyrus Mistry's resignation from Tata Steel board, shareholders have removed Nusli Wadia as an Independent Director of the company, reports said.
Parasmal Lodha arrested by ED at Mumbai airport
Dec 22, 2016, at 04:56 pm
Mumbai/Kolkata, Dec 22 (IBNS): Kolkata businessman Parasmal Lodha was arrested by the Enforcement Directorate (ED) at the Mumbai Airport on Thursday morning, reports said.
IDBI Bank celebrates 25 years of Jawaharlal Nehru Institute of Banking and Finance
Dec 22, 2016, at 02:52 am
Hyderabad, Dec 20 (IBNS): IDBI Bank celebrated the Silver Jubilee of its premier training institute, Jawaharlal Nehru Institute of Banking and Finance (JNIBF), Hyderabad recently.
Forex Rule violation: RBI slaps fine on five banks
Dec 22, 2016, at 02:18 am
New Delhi, Dec 21 (IBNS): The Reserve Bank of India on Wednesday said it has imposed monetary penalty on the following five banks for violation of Reserve Bank of India’s instructions on reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA).
Rajesh Nagori elected as President of Indian Chemical Merchant & Manufacturers Association
Dec 22, 2016, at 01:36 am
Kolkata, Dec 21 (IBNS): The Annual General meeting of Indian Chemical Merchant & Manufacturers Association, an affiliated body of Indian Chamber of Commerce was held at Indian Chamber of Commerce on Tuesday.
IDBI Bank receives ASSOCHAM SMEs Excellence Award 2016 in micro lending
Dec 22, 2016, at 01:14 am
Mumbai, Dec 21 (IBNS): ASSOCHAM has instituted Awards for Excellence in MSE Lending to Banks & NBFCs in recognition of the performance in financing to Micro, Small & Medium Enterprises.