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Petrol, diesel prices hiked, cooking gas becomes Rs. 50 costlier | KCR in talks with Prashant Kishor 'to bring national change' | Coal scam case: Won't bow down my head, says Abhishek Banerjee after ED's 8-hour grilling | 'Our thoughts with victims' families': PM Modi expresses shock over Chinese jet crash | AAP picks Harbhajan Singh, Raghav Chadha, 3 others from Punjab as Rajya Sabha candidates | Coal scam case: Abhishek Banerjee, wife Rujira move Supreme Court challenging ED's jurisdiction | China COVID-19 spike: Shanghai Disney Resort shuts down temporarily | India registers 1,549 new COVID-19 cases in past 24 hours | Pakistan: Massive explosion sparks fire at Sialkot ammunition storage area | India records 1,761 new Covid cases, 127 deaths in last 24 hours

Cabinet approves setting up a major port at Enayam near Colachel in Tamil Nadu

Jul 06, 2016, at 01:04 am

New Delhi, July 5 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi has given its 'in-principle' approval for setting up a Major port at Enayam near Colachel in Tamil Nadu.

Cabinet approves the National Apprenticeship Promotion Scheme

Jul 06, 2016, at 12:48 am

New Delhi, July 5 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi has approved a National Apprenticeship Promotion Scheme.

Cabinet approves creation of one post of Chief Works Manager in the Mechanical Department on Eastern Railway

Jul 06, 2016, at 12:43 am

New Delhi, July 5 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi has approved the creation of one revenue charged Senior Administrative Grade (SAG) post of Chief Works Manager (CWM) in the Mechanical Department of Diesel Component Factory, Dankuni on Eastern Railway.

Union Cabinet appraises Modi of a joint issue of postage stamps between Department of Posts, Portugal Post

Jul 06, 2016, at 12:33 am

New Delhi, July 5 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi was apprised of a joint issue of postage stamps between Department of Posts and Portugal Post.

Steel Minister dedicates the new Long Rail Welding Complex in Bhilai to nation

Jul 06, 2016, at 12:22 am

New Delhi/Bhilai, July 5 (IBNS) : Bhilai Steel Plant’s (BSP) new Long Rail Welding Complex which is a part of BSP’s ambitious 7 MT Modernization Programme was dedicated to the nation by Union Minister for Steel and Mines Narendra Singh Tomar on Monday.

Brexit will have impact, but boom expected in real estate too: Laxman Jaiswal

Jul 05, 2016, at 10:56 pm

An industry veteran, Laxman Jaiswal began his real estate journey two decades ago. In 2009 he founded ASCON INFRASTRUCTURE ( INDIA) PVT LTD and serves as its director now. In a chat with him, IBNS correspondent Sudipto Maity finds out the state of RE sector in Bengal and the scope it provides to the younger generation.

Jet Airways offers specialities in-flight meals on international flights from Kerala

Jul 05, 2016, at 09:54 pm

Munbai, July 5 (IBNS): Jet Airways, India’s premier international airline, on Tuesday said it launched a delectable new gourmet menu on board its international flights from Kerala to destinations in Gulf.

SlideApp ties up with MobiKwik

Jul 05, 2016, at 09:21 pm

Kolkata, July 5 (IBNS): SlideApp, a lock screen app for Android Phones, on Tuesday said it has partnered with MobiKwik, the largest mobile payments company in India with over 32 million users and a network of 100000 merchants, in a bid to incentivize mobile readers.

Renault-Nissan Alliance delivers annual synergy target one full year ahead of schedule

Jul 05, 2016, at 09:19 pm

Paris, July 5 (IBNS) Renault-Nissan Alliance generated €4.3 billion in synergies in 2015, one year ahead of schedule and an increase of 13 percent from 2014.

Tata Steel conferred with the ‘Five Star Award’

Jul 05, 2016, at 09:07 pm

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. The award was received by T V Narendran, Managing Director, Tata Steel India & SEA from Union Minister of Steel & Mines Narendra Singh Tomar in the National Conclave on Mines & Minerals at Raipur on Tuesday.

L&T to commence ₹ 5,273 Cr Mumbai Metro Line 3 Project

Jul 05, 2016, at 08:45 pm

Mumbai, Jul 5 (IBNS): Larsen & Toubro, an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services, said on Tuesday that Mumbai Metro Rail Corporation has announced the commencement of the Mumbai Metro Line 3 project to be executed by Heavy Civil Infrastructure Business of L&T Construction, along with its partner, STEC of China, for a value worth ₹ 5,273 crores.

RBI cancels licence of Jijamata Mahila Sahakari Bank Limited of Satara

Jul 05, 2016, at 08:41 pm

Mumbai, Jul 5 (IBNS): The Reserve Bank of India (RBI) announced on Monday that it has cancelled the licence of Jijamata Mahila Sahakari Bank Limited, Satara, Maharashtra to carry on banking business.

Malini Agarwal wins honour at Young Turks Summit 2016

Jul 05, 2016, at 01:11 am

New Delhi, July 4 (IBNS): Young Business Women 2016 is a CNBC-TV18 initiative recognizing individuals who are shining examples of leadership and inspire others to have the courage to persevere and succeed.

LIC Mutual Fund ties-up with Cosmos Co-operative Bank for distribution of MF products

Jul 04, 2016, at 11:22 pm

Mumbai, July 4 (IBNS): LIC Mutual Fund Asset Management Company on Monday announced its tie-up with Cosmos Co-operative Bank for distribution of its mutual fund products through the bank’s 140 branches spread across pan-India.

Indian benchmark indices post sixth day of gain on Monday

Jul 04, 2016, at 11:18 pm

Mumbai, Jul 4 (IBNS): Indian markets posted gains for the sixth consecutive day on Monday with the Sensex up 133.85 points to 27278.76 and the Nifty up 42.35 points to 8370.70.

Indus Towers appoints Tejinder Kalra as the Chief Operating Officer

Jul 04, 2016, at 11:12 pm

New Delhi, July 4 (IBNS): Indus Towers, a telecom tower company, on Monday announced the appointment of Tejinder Kalra as the Chief Operating Officer, as on July 1.

Cycle Pure Agarbathies enters the Pro Kabaddi Arena

Jul 04, 2016, at 10:18 pm

Mumbai, July 4 (IBNS): Cycle Pure Agarbathies, incense stick manufacturer, has associated with professional Kabaddi team Jaipur Pink Panthers for Star Sports Pro Kabaddi League Season 4.

Tata Power Group spent Rs. 47.02 crores on CSR in FY16

Jul 04, 2016, at 10:15 pm

Mumbai/ Kolkata, July 4 (IBNS): Tata Power, India's largest integrated power company, on Monday announced that, together with all its subsidiaries and joint ventures, Tata Power Group companies’ CSR spend in FY16 stood at Rs. 47.02 crores.

GVK MIAL contributes to state government’s green vision on Van Mahotsav Day

Jul 04, 2016, at 09:51 pm

Mumbai, July 4 (IBNS)In sync with the State Government’s vision to increase green cover across Maharashtra, the Mumbai International Airport Ltd (MIAL), the company that administers GVK Chhatrapati Shivaji International Airport (CSIA), planted tree saplings on Friday on the occasion of Van Mahotsav.

MFIN appoints R Baskar Babu as new President

Jul 04, 2016, at 09:17 pm

New Delhi, July 4 (IBNS): Microfinance Institutions Network (MFIN),an industry association and Self-Regulatory Organization (SRO) for the microfinance industry in India, on Monday announced R Baskar Babu, CEO of Suryoday Micro Finance as its new President of the Board in the wake of the previous President retiring.

LIC Mutual Fund ties-up with Cosmos Co-operative Bank for distribution of MF products

Jul 04, 2016, at 08:00 pm

Mumbai, July 4 (IBNS): LIC Mutual Fund Asset Management Company on Monday announced its tie-up with Cosmos Co-operative Bank for distribution of its mutual fund products through the bank’s 140 branches across India.

Facebook's translation tool to help overcome language barrier

Jul 04, 2016, at 07:59 pm

California, July 4 (IBNS): Social networking giant, Facebook, is set to help users overcome language barriers by allowing them to view posts in their preferred language.

Facebook to discontinue Paper app from its lineup

Jul 02, 2016, at 07:02 pm

California, Jul 2 (IBNS): Social networking giant, Facebook is ready to pull shutters on its news reading app Paper, reports said.

Raman takes over as Director (Technical) of SAIL

Jul 02, 2016, at 01:34 am

New Delhi, July 1 (IBNS) Raman has taken charge as Director (Technical), SAIL on Friday subsequent to superannuation of S.S. Mohanty.

Toyota Kirloskar Motor registers 29% growth in domestic sales in June

Jul 02, 2016, at 12:53 am

Bangalore, July 1 (IBNS): In the month of June 2016, Toyota Kirloskar Motor said on Friday sold a total 13,502 units in the domestic market thereby registering a 29% growth over its domestic sales in the corresponding period last year. The company exported 1,352 units of the Etios series this month.

ICICI Bank organises 10 blood donation camps across Chandigarh, Panchkula and Mohali

Jul 01, 2016, at 10:20 pm

Chandigarh, July 1 (IBNS): ICICI Bank Ltd, a private sector bank, organised a month-long blood donation initiative with ten camps in the tri-city comprising Chandigarh, Panchkula and Mohali.

Indian markets rally on Friday on hopes of economic reforms and good monsoon

Jul 01, 2016, at 09:49 pm

Mumbai, Jul 1 (IBNS): The Indian benchmark indices rallied for the fifth day on Friday largely based on hopes of a good monsoona nd economic reforms, with the Sensex up 145.19 points to 27144.91, and the Nifty up 40.60 points to 8328.35.

Hyundai Motor India domestic sales grew by 9.7%

Jul 01, 2016, at 09:23 pm

Mumbai, July 1 (IBNS) Hyundai Motor India Ltd, the country’s leading car manufacturer and the largest passenger car exporter, on Friday said it has registered a domestic sales growth by 9.7 percent.

Infosys Implements new sustainability initiatives at its Pune Campus

Jul 01, 2016, at 07:35 pm

Pune, Jul 1 (IBNS): Infosys, in its recently launched sustainability report, highlighted that the Pune campus achieved a 24 percent reduction in the per capita water consumption compared to fiscal 2015.

YES BANK pledges GBP 1 Million to LSE to support IG Patel Chair

Jul 01, 2016, at 06:58 pm

London, Jul 1 (IBNS): YES BANK has pledged GBP 1 Million to the London School of Economics and Political Science (LSE) to support the IG Patel Chair– named in honour of the former Governor of the Reserve Bank of India and former Director of LSE.