Government allocates funds for Public Sector Banks' capitalisation needs in 2016-17
Jul 19, 2016, at 09:05 pm
New Delhi, Jul 19 (IBNS): The Union Ministry of Finance announced on Tuesday that in line with the announcements made under 'Indradhanush' and the Union Budget, the central Government has undertaken an exercise to assess the capitalisation needs of Public Sector Banks during the year 2016-17.
Bharat Forge awarded Certificate of Recognition by General Motors
Jul 19, 2016, at 08:42 pm
Pune, Jul 19 (IBNS): Bharat Forge Limited (BFL), the flagship company of the USD 2.5 billion Kalyani Group, has been awarded Certificate of Recognition by General Motors for winning GM’s Global Business by ensuring competitiveness, the company announced on Tuesday.
Emirates introduces world’s first interactive amenity kit in Economy Class
Jul 19, 2016, at 07:45 pm
Kolkata, July 19 (IBNS): Emirates has launched the world’s first interactive amenity kit in Economy Class providing a more comfortable travel experience. The stylish new amenity kits utilise augmented reality (AR) technology to unlock immersive content on mobile devices, an official release read.
Ambrane India ropes in Vijender Singh as its brand ambassador
Jul 19, 2016, at 05:58 pm
New Delhi, July 19 (IBNS): Ambrane India, an IT brand, has roped in Vijender Singh as its new brand ambassador.
Indian benchmark indices decline on Monday
Jul 18, 2016, at 11:24 pm
Mumbai, Jul 18 (IBNS): The Indian benchmark indices wiped out the gains during the last hour of trading on Monday largely due to profit booking by investors, according to media reports.
Piaggio Group’s Aprilia brand to enter the Indian scooter market with SR 150
Jul 18, 2016, at 10:23 pm
Mumbai, July 18 (IBNS): The Piaggio Group continues its growth in India as it expands its offering in the scooter segment with its brand, Aprilia.
Idea slashes 67% rates on 4G, 3G internet packs for both postpaid, prepaid users
Jul 18, 2016, at 10:03 pm
Mumbai, July 18 (IBNS): Continuing with its efforts to drive mobile internet penetration and adoption across the country, Idea Cellular, India’s fastest growing telecom operator, has now slashed the rates of its 4G, 3G BIG Internet packs by upto 67%, providing more value to heavy internet users who consume data packs of 2GB to 10 GB. Earlier last week, Idea had announced the price reduction by 45% in its sachet data packs.
Indian mineral production during May 2016 published
Jul 18, 2016, at 06:15 pm
New Delhi, Jul 18 (IBNS): The central Ministry of Mines has published the index of mineral production of mining and quarrying sector for the month of May (new Series 2004-05=100) 2016 on Monday.
Tata Motors' Xenon customers meet and greet with Team U Mumba players in Kolkata
Jul 18, 2016, at 05:45 pm
Kolkata, July 18 (IBNS): Further to its customer-centric initiatives, Tata Motors on Monday organised a special meet and greet for Xenon customers with the U Mumba team players, in Kolkata.
CCI to sell cotton stock to spinning mills in MSME category only
Jul 16, 2016, at 06:37 pm
Kolkata, Jul 16 (IBNS): With the recent spurt in cotton prices resulting in higher input costs for the spinning sector in India, the Ministry of Textiles on Saturday announced that the Union government has taken a few measure after reviewing the situation.
Essar Energy to invest additional 1000 cr in its West Bengal project
Jul 16, 2016, at 03:38 am
Durgapur/Raniganj, Jul 15 (IBNS): After achieving the milestone of 1 million standard cubic metres per day (scmd) in Coalbed Methane (CBM) gas production from West Bengal's Raniganj (East) Block, Essar Energy will invest additional 1000 crore rupees in the same project to reach a plateau of 3 million scmd by middle of FY2017-18, an official said on Wednesday.
Indian market close on a negative note on Friday
Jul 16, 2016, at 03:36 am
Mumbai, Jul 15 (IBNS): The Indian market ended lower on Friday largely due to weak European cues and Infosys lowering its full year constant currency dollar revenue guidance to 10.5-12 per cent from 11.5-13.5 per cent, according to media reports.
Infosys reports its June 2016 earnings results
Jul 16, 2016, at 03:07 am
Bengaluru, Jul 15 (IBNS): India's second largest IT exporter, Infosys reported its results for the first quarter (ending June 30, 2016) on Friday, which showed that the company's quarterly revenue was up 1.4 per cent from the preceding quarter (q-o-q) and 16.9 per cent from the same quarter a year ago (y-o-y) to Rs 16,782 crore but its net profit declined 4.5 per cent q-o-q but was up 13.4 per cent y-o-y to Rs 3,436 crore.
Jul 16, 2016, at 02:36 am
New Delhi, July 15 (IBNS) Giving relief to consumers, petrol and diesel prices were reduced on Friday, officials said.
UK welcomes issuance of HDFC's Masala bond at London Stock Exchange
Jul 16, 2016, at 01:26 am
London, July 15 (IBNS): UK Trade and Investment has welcomed the world's first Masala bond issued by an Indian corporate HDFC at the London Stock Exchange.
Axis Bank inaugurates its “All Women Branch†in West Bengal
Jul 16, 2016, at 01:06 am
Kolkata, July 15 (IBNS): Axis Bank, India’s third largest private sector bank, today announced the opening of its “All Women Branch’’ in Kolkata, the first of its kind branch in the state of West Bengal.
Aditya V Agarwal takes charge as president of Indian Chamber Of Commerce
Jul 16, 2016, at 12:56 am
Kolkata, July 15 (IBNS): Aditya Vardhan Agarwal, Director, Emami Group of Companies has been elected as the President of the Indian Chamber of Commerce for the year 2016-17.
Idea slashes Internet rates; now offers upto 45% more on 4G, 3G and 2G Data packs
Jul 15, 2016, at 10:30 pm
Mumbai, July 15 (IBNS): To drive mobile internet penetration and adoption across the country, Idea Cellular, India’s fastest growing telecom operator, on Friday slashed mobile internet rates to offer more value to customers on their 4G, 3G and 2G data packs. Now Idea users can get up to 45% more data benefits on sachet packs below 1 GB.
Kolkata start-up aspirants get a leg up from mentors
Jul 15, 2016, at 09:47 pm
Kolkata, July 15 (IBNS): The newly formed Kolkata Ventures and the US Department of Commerce organised a programme called Be UR Own Boss: Starting With ZERO Money, recently in Kolkata, where entrepreneurs from diverse fields -- software to journalism -- shared their journeys of braving all odds to be on their own.
Boston Scientific announces launch of integrated facility in India
Jul 15, 2016, at 09:04 pm
Gurugram, July 15 (IBNS) Boston Scientific on Friday officially opened a 100,000 sq. ft. research and development, training and commercial center that will enable it to develop and sell minimally invasive technologies fit for India and the greater Asian market, and train physicians in using them effectively.
Integral PR appoints Sujay Mehdudia as CEO
Jul 15, 2016, at 09:00 pm
New Delhi, July 15 (IBNS): Integral PR Services Pvt Ltd on Friday said it has appointed Sujay Mehdudia, a career journalist, to the post of Chief Executive Officer (CEO). Based out of New Delhi, the head-office, Sujay has spent over 25 years as a journalist covering a variety of Central and State government ministries other than politics and the corporate sector.
Jet Airways to operate Boeing 777 aircraft between Mumbai and Dubai
Jul 15, 2016, at 07:45 pm
Mumbai, July 15 (IBNS): Jet Airways will operate the Boeing 777-300ER aircraft on one of its daily flights between Mumbai and Dubai to meet growing demand on this sector, an official release stated.
WB: Essar's Raniganj (E) block becomes India's highest CBM producer
Jul 15, 2016, at 04:56 am
Durgapur, Jul 14 (IBNS): As the first company in India, Essar Energy has marked the highest production of Coalbed Methane (CBM) gas with its Raniganj (East) block at the rate of 1 million standard cubic metres per day (scmd).
Indian markets close on a positive note on Thursday
Jul 15, 2016, at 04:02 am
Mumbai, Jul 14 (IBNS): The Indian benchmarks ended Thursday on a fresh 10-month closing high, with Sensex up 126.93 points to 27942.11 and Niftyup 45.50 points to 8565.
TCS reports its financial results for June 2016 quarter
Jul 15, 2016, at 03:55 am
Mumbai, Jul 14 (IBNS): Tata Consultancy Services, the leading IT services, consulting and business solutions firm, on Thursday, reported its consolidated financial results according to IFRS in dollar terms for the quarter ended June 30, 2016.
Airtel launches Happy Hours for pre-paid customers
Jul 15, 2016, at 02:30 am
New Delhi, July 14 (IBNS): Bharti Airtel on Thursday announced the launch of 'Happy Hours' for its prepaid customers.
Datsun receives over 10,000 bookings for redi-GO in India
Jul 14, 2016, at 09:22 pm
New Delhi, July 14 (IBNS): Datsun, one of the fastest growing car brands in India, has achieved over 10,000 bookings for its exciting new car, the Datsun redi-GO, since its launch last month.
Good Times Concept Events empanels with Piccadily
Jul 14, 2016, at 09:18 pm
New Delhi, July 14 (IBNS): Good Times Concept Events Management Company recently announced its empanelment with Piccadily, an upscale business-cum leisure property featuring the luxurious five-star hotel at Janakpuri, Delhi.
Power Ministry eases the process of getting electricity connection
Jul 14, 2016, at 08:16 pm
New Delhi, Jul 14 (IBNS): The Union Ministry of Power said on Thursday that it has undertaken several reforms to ease the process of getting electricity, in the past two years.
Kamarajar Port awards work for modification of iron ore terminal for handling coal
Jul 14, 2016, at 07:28 pm
Chennai, Jul 14 (IBNS): Kamarajar Port Limited has signed a Concession Agreement with SICAL Iron Ore Terminal Limited (SIOTL) for modification of its iron ore terminal so that it can handle Common User Coal, the Ministry of Shipping informed on Thursday.