Indian markets end a little lower on Tuesday
Aug 09, 2016, at 10:20 pm
Mumbai, Aug 9 (IBNS): Indian benchmarks ended slightly lower on Tuesday following profit booking by investors after the Reserve Bank of India decided to keep its interest rate unchanged, according to media reports.
Raghuram Rajan warns of inflation risks during the third Bi-monthly Monetary Policy Statement
Aug 09, 2016, at 09:43 pm
Mumbai, Aug 9 (IBNS): In the last monetary policy presentation of his term, the Third Bi-monthly Monetary Policy Statement, 2016-17, Reserve Bank of India Governor Raghuram Rajan said on Tuesday that inflation projections as given in the June bi-monthly statement, i.e. of a central trajectory towards 5 per cent by March 2017 with risks tilted to the upside are retained and that In view of this configuration of risks, it is appropriate for the Reserve Bank to keep the policy repo rate unchanged at this juncture, while awaiting space for policy action.
In his last policy meet RBI Governor Raghuram Rajan maintains status quo
Aug 09, 2016, at 07:49 pm
Mumbai, Aug 9 (IBNS) : Maintaining a status quo, outgoing Reserve Bank of India Governor Raghuram Rajan in his last monetary policy meet on Tuesday kept policy kept the key interest rates unchanged, reports said.
ICICI Bank organises coin exchange mela at Panaji
Aug 09, 2016, at 06:17 pm
Panaji, Aug 9 (IBNS): ICICI Bank Ltd recently organised a coin exchange mela at its branch premises in Panaji's Sindur Business Centre, Swami Vivekanand Road.
Sarvome Developers launches their new project, The Presidio
Aug 09, 2016, at 04:43 pm
New Delhi, Aug 9, (IBNS): Sarvome Developers has launched their luxury project, “The Presidioâ€, at Sector 31 in Faridabad, a company release stated.
Aug 09, 2016, at 01:14 am
Mumbai, Aug 8 (IBNS): Mahindra Intertrade Ltd., a part of the Mahindra Partners Division of the $17.8 billion Mahindra Group, and MSTC Ltd. (a Government of India enterprise) on Monday signed a formal joint venture agreement to set-up Greenfield auto shredding and recycling capability.
IDFC Bank launches services in Meghalaya, opens first branch in North East
Aug 09, 2016, at 12:38 am
Shillong, Aug 8 (IBNS): IDFC Bank on Monday launched its services in Meghalaya, opening its first branch in the capital city of Shillong and setting up its interoperable micro ATMs in the state's rural locations.
Indian benchmark indices post strong gains on Monday
Aug 09, 2016, at 12:28 am
Mumbai, Aug 8 (IBNS): The Indian stock market posted gains for the second consecutive session on Monday, with Sensex up 104.22 points to 28,182.57 and Nifty up 28.20 points to 8,711.35, on the back of consistent inflow of foreign money and positive global cues, according to media reports.
Bodycare creations unveils 'Body X'
Aug 08, 2016, at 11:24 pm
New Delhi, Aug 1 (IBNS) :One of the leading manufacturers and exporters of female innerwear, BODYCARE Creations Ltd., launched its men’s inner-wear range.
Okhai goes national through exclusive online partnership with Tata CLiQ
Aug 08, 2016, at 11:02 pm
Mumbai /Kolkata, Aug 8 (IBNS): Tata CLiQ, the Tata group’s multi-brand phygital ecommerce platform has extended its brand portfolio with Okhai – Magical Hands, Mystical Colours, an artisan led fashion and lifestyle brand.
Aug 08, 2016, at 10:54 pm
Mumbai/ Kolkata, Aug 8 (IBNS): Tata Power, a power company, has been relentlessly working towards the conservation and saving of Mighty Mahseer through its ‘Act for Mahseer’ movement.
FDI in petroleum sector permitted across the hydrocarbon value chain
Aug 08, 2016, at 09:50 pm
New Delhi, Aug 8 (IBNS): Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan informed the Lok Sabha in a written reply on Monday that the Government of India permits Foreign Direct Investment (FDI) across the hydrocarbon value chain covering the upstream, downstream and midstream sectors.
Bandhan Bank opens 700th branch
Aug 08, 2016, at 09:20 pm
Kolkata, Aug 8 (IBNS): Bandhan Bank on Monday said it has opened eight new bank branches taking its total branch network to 700 in the country.
Mumbai set to witness 'Glamour 2016', a jewellery exhibition
Aug 08, 2016, at 05:41 pm
Mumbai, Aug 8 (IBNS): ‘Glamour’, an Indian jewellery exhibition is set to host a show in the country's financial capital, a release stated.
Hypermarket chain Spencer’s opens third outlet in Rajarhat
Aug 08, 2016, at 04:42 am
Kolkata, Aug 7 (IBNS): Hypermarket chain Spencer's Retail on Friday inaugurated its new outlet at DLF Newtown Heights in Kolkata.
GST Bill to be taken up in LS tomorrow
Aug 08, 2016, at 03:28 am
New Delhi, Aug 7 (IBNS): The Constitution (One Hundred and Twenty Second Amendment) Bill, 2014 relating to Goods & Services Tax (GST) will be taken up the Lok Sabha on Monday, reports said.
Aug 08, 2016, at 01:33 am
New Delhi, Aug 7 (IBNS): BSMT Ltd on Saturday launched a web portal, www.piggideals.com, an e-commerce platform for Indian market, a press release stated.
Essar Oil to invest more than Rs 1,600 crore to upgrade Vadinar refinery
Aug 07, 2016, at 07:35 pm
Jamnagar/Mumbai, Aug 7 (IBNS): Essar Oil Limited’s 20 MTPA Vadinar refinery is looking at earning an additional $1.50 (per barrel of crude) on its Gross Refinery Margin (GRM) on the back of Rs 1,600 crore of investments.
Raghuram Rajan meets Arun Jaitley
Aug 06, 2016, at 01:26 am
New Delhi, Aug 5 (IBNS): Reserve Bank of India (RBI) Governor Raghuram Rajan met Union Finance Minister Arun Jaitley on Friday.
Hyundai celebrates CRETA’s 1st anniversary with new variants introduction
Aug 06, 2016, at 12:04 am
New Delhi, Aug 5 (IBNS): Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, on Friday announced the introduction of three new variants in the Creta portfolio. Creta, the winner of the Indian Car of the Year is most awarded & sold SUV, will now be available in 3 new variants - Anniversary edition, Executive variant (E+) and S+ Automatic variant. Creta has set an all-new benchmark for its segment.
Hyundai announces price increase across models effective Aug 16
Aug 05, 2016, at 11:38 pm
New Delhi, Aug 5 (IBNS): Hyundai Motor India Ltd. (HMIL), the country’s largest passenger car exporter and second largest car manufacturer announced the price increase across its models starting from Eon to Santa Fe.
Rejuvenated Rashid Khan seizes the third round lead at TAKE Solutions Classic
Aug 05, 2016, at 11:14 pm
Noida, Aug 5 (IBNS): A rejuvenated Rashid Khan, inspired by his title triumph in Sri Lanka couple of weeks back, seized the third round lead at the TAKE Solutions Classic at Noida Golf Course after shooting the day's best score of four-under-68.
Indian markets close higher on Friday
Aug 05, 2016, at 10:49 pm
Mumbai, Aug 5 (IBNS): Indian markets perked up on Friday, with Sensex up 363.98 points to 28078.35 and Nifty up 132.05 points to 8683.15, largley due to firm global cues.
VERO MODA launches its new GEEK CHIC collection
Aug 05, 2016, at 09:45 pm
Kolkata, Aug 5 (IBNS): This autumn/ winter, VERO MODA’s #TRENDYVEROMODA campaign brings consumers fast fashion, straight from the international runways. The brand will highlight one key winter trend inspired by international fashion every single week.
India's top tech start-ups battle it out to win Tech Rocketship Awards
Aug 05, 2016, at 09:43 pm
New Delhi, Aug 5 (IBNS): The Tech Rocketship Awards, an initiative by the UK’s Department of International Trade (DIT) in India, aimed at identifying India’s top young entrepreneurs and providing them with expert business advice and support to help them go global through the UK.
Ola’s new initiative raises ‘healthy living’ awareness amongst its driver-partners
Aug 05, 2016, at 09:14 pm
Pune, Aug 5 (IBNS): Ola, a mobile app for transportation, on Thursday announced the launch of ‘We Care, We Share,’ a healthy living awareness campaign for its driver-partners in the city.
Airtel makes voice calling free
Aug 05, 2016, at 09:03 pm
India/ Kolkata, Aug 5 (IBNS): Telecommunications giant Bharti Airtel on Friday announced two new postpaid plans under its ‘myPlan Infinity’ series, offering unlimited voice calls along with bundled 3G or 4G data at just Rs 1199.
Pidilite launches Fevikwik Gel for controlled application
Aug 05, 2016, at 06:39 pm
Mumbai, Aug (IBNS): Pidilite Industries Ltd has recently launched Fevikwik Gel, a release stated.
Industry leaders laud Rajya Sabha's effort of passing GST Bill
Aug 05, 2016, at 03:41 am
New Delhi, Aug 4 (IBNS): Industry leaders on Thursday welcomed the passage of the much-awaited GST Bill in the Rajya Sabha.
Tube Investments of India Limited reports Q1 Net Profit growth at 135%
Aug 05, 2016, at 03:18 am
Kolkata/Chennai, Aug 4 (IBNS): The Board of Directors of Tube Investments of India Limited (TII) met on Thursday and approved the financial results for the quarter ended 30th June, 2016.