Nitin Gadkari tells US investors it is a golden opportunity to invest in India
Jul 12, 2016, at 08:40 pm
New Delhi, Jul 12 (IBNS): Union Minister for Road Transport and Highways & Shipping Nitin Gadkari, while speaking at an event hosted by the U.S.-India Business Council (USIBC) in Washington on Monday called upon investors in the United States to invest in India, saying it is a golden opportunity for them, with the present government giving topmost priority to infrastructure development.
RBI governor: PM's policy adviser Panagariya a likely candidate
Jul 12, 2016, at 07:18 pm
New Delhi/Mumbai, Jul 12 (IBNS): Arvind Panagariya, policy adviser to Prime Minister Narendra Modi, might be appointed as the next Reserve Bank of India (RBI) chief, according to media reports on Tuesday.
Rajive Kumaraswami is the new MD & CEO of Magma HDI General Insurance Company Ltd
Jul 12, 2016, at 04:33 am
Hyderabad / Kolkata, July 11 (IBNS) Rajive Kumaraswami has joined as the MD & CEO of Magma HDI General Insurance Company Limited.
Mukesh and Sandip to represent India in World Final of Audi quattro Cup 2016
Jul 12, 2016, at 04:32 am
Hua Hin, Thailand, July 11 (IBNS): The duo of Mukesh Panchal and Sandip Ambalia beat 11 other teams to book a berth in the World Final of the Audi quattro Cup 2016.
Tata Motors to roll-out free check-up camp for passenger vehicles in monsoon
Jul 12, 2016, at 12:52 am
Kolkata/Mumbai, July 11 (IBNS): Tata Motors on Monday announced the roll out of the nationwide free monsoon check-up camp for its passenger vehicle customers.
Sensex rallies nearly 500 points on Monday
Jul 11, 2016, at 10:45 pm
Mumbai, Jul 11 (IBNS): Indian markets closed on a high note on Monday, with the equity benchmarks recording fresh 2016 closing highs, according to media reports.
ICICI Bank launches ‘Swachh Society Awards’
Jul 11, 2016, at 09:40 pm
Mumbai, July 11 (IBNS) : ICICI Bank Ltd, India’s largest private sector bank, on Monday announced the launch of a unique contest for residential housing societies to recognise and reward clean and green initiatives in the Mumbai Metropolitan Region (MMR).
Second KKNPP reactor attains criticality, PM Modi congratulates scientists
Jul 11, 2016, at 06:10 pm
New Delhi, July 11 (IBNS): Prime Minister Narendra Modi on Monday congratulated the Indian and Russian scientists after the second Kudankulam Nuclear Power Project (KKNPP) reactor attained criticality on Sunday evening.
Infosys to Announce First Quarter Results on July 15
Jul 11, 2016, at 05:45 pm
Bangalore, July 11 (IBNS): Infosys Limited will announce the results for its first quarter, ended June 30, 2016, on Friday, July 15, 2016,
The future belongs to product Start Ups in India: Aditi Sinha
Jul 10, 2016, at 02:27 pm
An achiever in her own terms, Aditi Sinha, Vice-President, Project Delivery & Business Process Improvement, IMRB International, one of the top Market Research companies, has been dominating the corporate world for many years now. She sits pretty on her laurels achieved through sheer grit, determination, self development and self-belief. IBNS correspondent Supriyo Hazra catches up with her for a conversation. Excerpts:
Indirect tax collection for the 1st quarter of 2016-17 indicates a growth rate of 30.8%
Jul 09, 2016, at 01:39 am
New Delhi, July 8 (IBNS) The figures of indirect tax collection for the 1st quarter of current fiscal 2016-17 indicates a growth rate of 30.8% as compared to the 36.3% in the corresponding period of previous financial year, government data revealed on Friday.
Hinduja Group acquires Wallover in USA through Gulf Oil International’s subsidiary
Jul 09, 2016, at 12:51 am
Mumbai, July 8 (IBNS): Houghton International Inc., subsidiary of Gulf Oil International, a Hinduja Group Company, announced today that it has acquired Wallover Enterprises, a North American metalworking fluid and industrial lubricant manufacturer, incorporated in 1863 and headquartered in Strongsville, Ohio.
Jul 09, 2016, at 12:08 am
Mumbai, Jul 8 (IBNS): Indian markets dipped on Friday largely due to weak cues from Asian markets and profit booking by investors, with Sensex down 74.59 points to 27126.90 and Nifty down 14.70 points to 8323.20.
YES BANK, SIDBI ink pact for financing energy efficiency projects
Jul 08, 2016, at 11:08 pm
New Delhi, July 8 (IBNS): YES BANK, India’s fifth largest private sector Bank, has signed a Memorandum of Understanding with SIDBI under the Partial Risk Sharing Facility (PRSF) for financing Energy Efficiency Projects program.
Vodafone M-Pesa partners with Government to empower SHGs in Bengal
Jul 08, 2016, at 09:48 pm
Siliguri, July 8 (IBNS) Vodafone India, one of India’s leading telecom service providers, has entered into a strategic tie-up with West Bengal State Rural Livelihood Mission (WBSRLM), toempower women of Self Help Group (SHG), as an initiative of Financial Inclusion. The partnership facilitates instant deposits to the bank account of the SHGs by the SHG, using the mobile wallet - M-Pesa.
India helps to set up Apparel Training Centre in Nigeria's Kaduna
Jul 08, 2016, at 08:16 pm
New Delhi, Jul 8 (IBNS): The Union Ministry of Commerce & Industry announced on Friday that an Apparel Training Centre has been established in Kaduna, Nigeria under the Cotton Technical Assistance Programme (Cotton TAP) for Africa.
Zeal Aqua Limited gets listed on BSE SME Platform
Jul 08, 2016, at 05:21 am
Mumbai, July 7 (IBNS): Zeal Aqua Limited became 141st company to get listed on the BSE SME Platform on Thursday.
Jul 08, 2016, at 05:13 am
Mumbai, July 7 (IBNS): 'BSE Bond' platform for private placement of bonds has created a new record with Rs 3700 crores of bids received in the bond issuance of Reliance Jio Infocomm Limited.
SBI Card launches credit card Elite
Jul 08, 2016, at 04:29 am
Kolkata, July 7 (IBNS): SBI Card, one of the leading credit card issuers in India, on Thursday launched SBI Card Elite, a premium credit card designed to complement the refined tastes of the discerning customers.
Viviana Mall, Pankh join hands to create job opportunities for PwD's
Jul 08, 2016, at 04:24 am
Mumbai, July 7 (IBNS): Viviana Mall, a leading retail destination mall in Mumbai Metropolitan Region has partnered with 'Pankh'-Wings of Destiny (a joint initiative of TRRAIN and Youth4Jobs Foundation) to open a center for training and shaping careers of Persons with Disabilities (PwD's) within the premises of the mall.
Textiles Industry welcomes appointment Smriti Irani as new Minister
Jul 08, 2016, at 04:17 am
Kolkata, July 7 (IBNS): Confederation of Indian Textile Industry (CITI), the apex chamber of textiles in India, has welcomed the appointment of Smriti Irani as the new Cabinet Minister of textiles.
Indian markets end flat on Thursday
Jul 08, 2016, at 02:16 am
Mumbai, Jul 7 (IBNS): The Indian market closed flat on Thursday largely due to consolidation ahead of the June earnings seasons, which is expected to begin next week, and the monsoon session of the Parliament to begin on July 18, according to media reports.
Infosys implements sustainability initiatives at its Chennai campus
Jul 08, 2016, at 02:15 am
Chennai, July 7 (IBNS): Infosys, in its recently launched Sustainability Report, highlighted that one of the buildings in its Chennai campus has been retrofitted with insulation to reduce the heat ingress by 25%, thereby reducing the cooling energy consumption and improving occupancy comfort.
RJIL issues Rs 2,000 crore 5-year NCDs
Jul 08, 2016, at 01:50 am
Mumbai, Jul 7 (IBNS): Reliance Jio Infocomm Limited (RJIL), a subsidiary of Reliance Industries Limited (RIL) and the first telecom operator to hold pan India Unified License, on Thursday, issued Rs 2,000 crore of 5-year Non-Convertible Debentures (NCDs), bearing a coupon of 8.32% per annum, payable annually.
New Porsche 911 now available in Indian market
Jul 07, 2016, at 09:28 pm
Mumbai, Jul 7 (IBNS): Porsche India introduced the new Porsche 911 range, known for its cutting-edge technological advancements, including more power, refined design and increased efficiency, to the Indian market recently.
Jul 07, 2016, at 03:55 am
Kolkata, July 6 (IBNS) The Income Declaration Scheme 2016 offers a one-time opportunity to persons who have not paid full taxes in the past, to declare their undisclosed incomes and assets voluntarily and participate in nation building, said Ashis Verma, Principal Commissioner of Income Tax, while addressing a press conference here.
Datsun becomes India’s fastest growing car brand
Jul 06, 2016, at 08:55 pm
New Delhi, July 6 (IBNS) Datsun was the fastest growing car brand in India in June, recording sales growth of 188 percent compared to the same period last year.
The gaining spree of Indian benchmark indices halts on Tuesday
Jul 06, 2016, at 04:49 am
Mumbai, Jul 5 (IBNS): Indian benchmark indices declined on Tuesday, snapping its six consecutive days of gain, on the back of profit booking, especially in auto stocks, and weak global cues, with Sensex down 111.89 points to 27166.87 and Nifty down 34.75 points to 8335.95.
Tata Steel conferred with 'Five Star Award'
Jul 06, 2016, at 04:00 am
Jamshedpur/ Kolkata, July 5 (IBNS): The Noamundi Iron Mine of Tata Steel is conferred with the Five-Star Award for undertaking mining activities in a sustainable manner.
WB can create 1 cr jobs, attract Rs 10 lakh cr investments in next 5 years: ASSOCHAM
Jul 06, 2016, at 01:20 am
Kolkata, July 5 (IBNS): West Bengal has the potential to create one crore jobs and attract investments of up to Rs 10 lakh crore during the course of next five years, which will accelerate the state's economic growth and lead to social welfare of its people, the apex industry body ASSOCHAM said.