Index Numbers of Wholesale Price in India
Dec 14, 2016, at 07:46 pm
New Delhi, Dec 14 (IBNS): Union Ministry of Commerce & Industry published the official Wholesale Price Index for ‘All Commodities’ (Base: 2004-05=100) for November, 2016 on Wednesday.
Rs 12.4 lakh crore of banned currency notes deposited in banks till Dec 10, says RBI
Dec 14, 2016, at 03:15 pm
New Delhi, Dec 14 (IBNS): The Reserve Bank of India has said that banks have received Rs. 12.44 lakh crore in old Rs 500 and Rs. 1000 currency notes as of Dec 10, since the ban was announced by the Centre on Nov 8.
RBI directs banks to preserve CCTV recordings of operations from Nov 8 to Dec 30
Dec 14, 2016, at 02:47 am
New Delhi, Dec 13 (IBNS): The Reserve Bank of India on Tuesday directed banks across the nation to preserve CCTV recordings of operations at its branches and currency chests from the period between Nov 8 till Dec 30 to facilitate coordinated and effective action by the enforcement agencies in dealing with matters relating to illegal accumulation of new currency notes..
Tata Trusts' NGOs concerned over development in Tata group
Dec 14, 2016, at 02:15 am
Mumbai, Dec 13 (IBNS): NGOs working with Tata Trusts on Tuesday expressed their concern over the recent developments in the Tata group and appealed to the stakeholders to ensure that the Trusts' activities were protected and allowed to grow in the coming years.
Tata Motors, DPITI launch Certificate Programme in Production Technology
Dec 14, 2016, at 02:06 am
Dharwad/Kolkata, Dec 13 (IBNS): Tata Motors in association with Deshpande Private Industrial Training Center (DPITI) of Vocational Training, has initiated a one-year certificate programme in 'Production Technology', to enhance employability skills of the youth.
Demonetisation move has advantages: Jaitley
Dec 14, 2016, at 12:13 am
New Delhi, Dec 13 (IBNS): Batting in favour of the cash ban move launched by the Centre last month, Union Finance Minister Arun Jaitley on Tuesday said the entire step taken by the government has 'advantage'.
India's retail inflation touches 3.63 pct in November
Dec 13, 2016, at 11:41 pm
New Delhi, Dec 13 (IBNS): India's annual consumer price inflation touched 3.63 percent in Novembers, official data released by the government on Tuesday said.
Hyundai Motor India to hike prices across all models
Dec 13, 2016, at 10:27 pm
New Delhi, Dec 13 (IBNS): Car manufacturer Hyundai Motor India Ltd. (HMIL) on Tuesday announced a proposed price increase across all its models up to Rs 1,00,000.
Indian market recovers to positive territory on Tuesday
Dec 13, 2016, at 10:00 pm
Mumbai, Dec 13 (IBNS): Indian equity benchmarks managed to extend their gains on Tuesday largely led by index heavyweights and ended higher at close of business.
Volkswagen Pune dealership is bestowed with Diamond Pin Award
Dec 13, 2016, at 09:52 pm
Mumbai, Dec 13 (IBNS): Volkswagen, Europe’s largest carmaker, bestowed the Diamond Pin on dealer principal, Shailesh Bhandari, from Volkswagen Pune West.
Nissan India announces price increase from January 2017
Dec 13, 2016, at 09:30 pm
New Delhi, Dec 13 (IBNS): Nissan Group of India on Tuesday announced a price increase across its Nissan and Datsun range of models. The move comes in the wake of increasing input costs.
Federation of Startup Foundation hosts a Meet the Mentors program for young entrepreneurs
Dec 13, 2016, at 08:47 pm
Kolkata, Dec 13 (IBNS): The Federation of Startup Foundation (StartFed) recently hosted a 'Meet the Mentors' Program in Kolkata, which was attended by young people armed with a vast range of business ideas.
Assam: Over 10,000 bank accounts under IT radar
Dec 13, 2016, at 05:05 pm
Guwahati, Dec 13 (IBNS) More than 10,000 bank accounts of Assam are under Income Tax department radar after IT department collected some vital information about huge amount of banned denominations being deposited in the accounts following demonetisation.
Note ban a big scam which should be probed: Chidambaram
Dec 13, 2016, at 04:56 pm
Nagpur, Dec 13 (IBNS) Calling the note ban exercise and its fallout as the biggest scam of the year, former Union Finance Minister and Congress senior leader P Chidambaram said how the new notes of 2000 denominations are finding way to the hands of touts and hoarders should be probed and the government should he held accountable.
Indian benchmark indices decline on Monday
Dec 13, 2016, at 04:34 am
Mumbai, Dec 12 (IBNS): A sharp rally in crude oil prices, contraction in factory data and a likely delay in implementation of Goods and Services Tax (GST) had a negative effect on the Indian market, which led to BSE Sensex declining 231.94 points to 2655.24 and the NSE Nifty declining 90.95 point to 8170.80.
Tata Power's conservation campaign crosses 1 million impressions on social media
Dec 13, 2016, at 04:32 am
Mumbai/ Kolkata, Dec 12 (IBNS): Tata Power, an integrated power company, on Monday announced that the online leg of its 'Act for Mahseer'- a conservation campaign has crossed 1 million impressions on social media, with a total count of over 1.8 million impressions.
Alpha Design Technologies inks pact with ISRO for satellites
Dec 13, 2016, at 03:22 am
Mumbai, Dec 12 (IBNS): Alpha Design Technologies Pvt. Ltd.(ADTL), a leading Bengaluru based manufacturer and technological services provider in India's defence and paramilitary markets, announced the signing of a contract with Indian Space Research Organisation (ISRO), India's space agency, for assembly, integration and testing of IRNSS satellites.
68% young finance professionals look to start their own business, says ACCA survey
Dec 13, 2016, at 12:38 am
Mumbai, Dec 12 (IBNS): A significant 68.1% of Indian young finance professionals have shown interest in starting their own business, with 10.43% looking to do so as the next move in their career, unveils a new survey by ACCA (Association of Chartered Certified Accountants).
No action initiated to cancel Axis Bank license: RBI
Dec 13, 2016, at 12:18 am
New Delhi, Dec 12 (IBNS): The Reserve Bank of India on Monday clarified that it has not initiated any action to cancel the banking licence of Axis Bank in the wake of certain allegations about some serious irregularities in transactions relating to deposit or exchange of Specified Bank Notes in a few branches of the bank.
Price hike in Tata Motors Passenger Vehicles from January 2017
Dec 12, 2016, at 10:02 pm
Kolkata/Mumbai, Dec 12 (IBNS): Due to the impact of various macro-economic factors, Tata Motors on Monday announced that the Company will be increasing prices of its passenger vehicles starting from Rs. 5,000 upto Rs. 25,000, depending on the model.
Dec 12, 2016, at 09:38 pm
Kolkata, Dec 12 (IBNS): OCL India Ltd. , a Dalmia Bharat Group company has been awarded as the fastest growing cement company in the small cement manufacturers in India category at the 2nd Indian Cement Review awards organized by Indian Cement Review magazine and Cement Manufacturers Association on the sidelines of Cement Expo 2016, in Mumbai. Dalmia Cement Bharat Limited won the award as the fastest growing cement company in large category.
Jet Airways announces easy payment solution for guests in partnership with leading banks
Dec 12, 2016, at 09:29 pm
Mumbai, Dec 12 (IBNS): Jet Airways, India’s premiere international airline, on Monday announced the launch of an innovative payment solution in partnership with leading banks including Axis Bank, HSBC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, and Standard Chartered Bank.
Infosys Positioned as a leader in IDC MarketScape for Oil and Gas Professional Services
Dec 12, 2016, at 09:27 pm
Bangalore, Dec 12 (IBNS): Infosys on Monday announced that it has been positioned as a Leader in the IDC MarketScape: Worldwide Oil and Gas Professional Services 2016 Vendor Assessment report.
Tata Sons alleges Mistry misled to become Chairman
Dec 12, 2016, at 01:26 am
New Delhi, Dec 11 (IBNS): Increasing the ongoing conflict, Tata Sons on Sunday charged Cyrus P Mistry of of misleading the committee, which was set up in 2011, for selecting a Chairman to succeed Ratan Tata.
Tata Steel brings first ever ISRO exhibition to Odisha
Dec 11, 2016, at 11:52 pm
Bhubaneswar/ Kolkata, Dec 11 (IBNS): Celebrating the 10th year of Young Astronomer Talent Search (YATS), Tata Steel in collaboration with Pathani Samanta Planetarium (PSP) has brought the much acclaimed Vikram Sarabhai Space Exhibition of the Indian Space Research Organisation (ISRO) for the first time to Odisha.
Dec 11, 2016, at 11:41 pm
New Delhi, Dec 11 (IBNS): The Ministry of Finance, Government of India through its Department of Financial Services(DFS) has asked all the Public Sector Banks(PSBs) and the Indian Bankers Association (IBA) to ensure hundred percent that deposits of new currency is properly reflected in the customers’ counterfoils.
Dec 11, 2016, at 10:24 pm
New Delhi, Dec 11 (IBNS): The Ministry of Finance on Sunday asked bank branches across the nation to be alerted to reflect correctly the cash deposit in old and new currency and inform the customers about the same.
Union Finance Minister holds Pre-Budget Consultative Meeting with the representatives of IT Industry
Dec 11, 2016, at 01:14 am
New Delhi, Dec 10 (IBNS): Union Finance Minister Arun Jaitley said that India’s external position is more robust now and the return to resilience to periodic global shocks is sustainable with lower trade and Current Account Deficits, stable exchange regime and the sound buffer of forex reserves.
Dec 10, 2016, at 11:07 pm
New Delhi, Dec 10 (IBNS): Prime Minister Narendra Modi’s bold drive to take the economy into a ‘less cash’ mode through a multi-pronged strategy would not only check the menace of black money and corruption but would also lead to a large part of the informal economy into the organised sector , said ASSOCHAM President Sunil Kanoria.
China initiates cargo service between Tibet and Nepal
Dec 10, 2016, at 08:53 pm
Kathmandu, Dec 10 (IBNS): China has launched new cargo service connecting Tibet and Nepal, the media reported on Saturday.