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Bengal bypolls: CPI-M fields Naseeruddin Shah's niece Saira Shah Halim from Ballygunge constituency | India reports 2,539 COVID-19 cases in 24 hours | 7.3 magnitude earthquake hits Japan, Tsunami alert issued | Ukraine: Volodymyr Zelensky addresses US lawmakers, appeals for greater Western intervention | Congress G-23 leaders meet over poll defeats, Shashi Tharoor attends | Bhagwant Mann takes oath as Punjab CM in Bhagat Singh's village days after AAP's landslide victory | Lakhimpur case: Supreme Court issues notice to Ashish Mishra on bail cancellation | Assam govt employees to get half-day special leave to watch The Kashmir Files | Navjot Singh Sindhu resigns as Punjab Congress chief | Jammu and Kashmir: 3 terrorists killed in Srinagar encounter

Idea launches ‘Internet For All’ initiative

Jun 22, 2016, at 11:12 pm

New Delhi, June 22 (IBNS): Aiming to connect millions of internet non-users and bring them online, Idea Cellular; the fastest growing telecom operator, has announced an “Internet For All” program.

YES BANK launches Yes Transact

Jun 22, 2016, at 10:48 pm

Mumbai, June 22 (IBNS): YES BANK, India’s fifth largest private sector bank, launched YES TRANSACT - ON THE GO, a unique Digital Working Capital Management solution that will enable decision makers to view and approve transaction requests even when they are travelling or are out of office.

Brexit heat singes Indian markets

Jun 22, 2016, at 10:38 pm

Mumbai, Jun 22 (IBNS): The Indian market ended lower on Wednesday largely due to selling pressure in FMCG and auto stocks and concerns about UK's referendum on June 23, according to media reports.

Etihad Airways wins top honours at Adam Smith Awards

Jun 22, 2016, at 10:34 pm

Abu Dhabi, UAE, June 22 (IBNS) Following a string of recent awards for its funding activities and treasury practice, Etihad Airways swept top honours at the Treasury Today Adam Smith Awards in London.

Siemens Ltd. wins Rs. 83 crore order from Diesel Locomotive Works

Jun 22, 2016, at 08:19 pm

Kolkata, Jun 22 (IBNS): Siemens Ltd. announced on Wednesday that it has won an order worth approximately Rs. 83 crore from Indian Railways’ Diesel Locomotive Works (DLW), Varanasi, to design, supply and install 40 Alternating Current (AC) Traction Systems for dual-cab high horsepower diesel engine locomotives.

EEPC India aims to boost bilateral trade with Russia

Jun 22, 2016, at 07:51 pm

New Delhi, Jun 22 (IBNS): EEPC India, a premier trade and investment promotion organisation and India Brand Equity Foundation (IBEF) will jointly represent the country at the flagship Russian engineering and technology event, INNOPROM, to be held in Ekaterinburg (in the Sverdlovsk region located at the strategic Euroasian border) between July 11 and 14, 2016.

PayPal appoints Anupam Pahuja as India Managing Director & Country Manager

Jun 22, 2016, at 06:19 pm

Mumbai, Jun 22 (IBNS): PayPal has recently appointed Anupam Pahuja as the new Managing Director and Country Manager for India.

ISRO: PSLV C34 injects 20 satellites into orbit, creates record

Jun 22, 2016, at 04:52 pm

Sriharikota, Jun 22 (IBNS): The Indian Space Research Organisation (ISRO) on Wednesday created a record with the injection of 20 satellites, including 17 foreign satellites, into the orbit by using PSLV C34.

Visa payWave leads to drive contactless payments in India

Jun 22, 2016, at 02:15 am

Kolkata, June 21 (IBNS): Visa crosses a major milestone in India with over one million Visa payWave contactless cards issued in the market and acceptance at more than 100,000 merchant locations across the country.

NSE to offer Electronic Book Mechanism for issuance of debt securities on private placement basis

Jun 22, 2016, at 02:10 am

Mumbai,June 21 (IBNS): India's Capital Market regulator The Securities and Exchange Board of India (SEBI) has allowed India's leading stock exchange, the National Stock Exchange of India Limited (NSE) to act as an Electronic Book Provider to facilitate electronic book mechanism for issuance of debt securities on private placement basis.

DHFL Pramerica launches online health insurance product

Jun 22, 2016, at 01:20 am

Gurgaon, Jun 21 (IBNS): DHFL Pramerica Life Insurance Co. (DPLI) on Tuesday, announced its foray into health insurance segment with the launch of its first online direct to customer product-DHFL Pramerica Dengue Shield, a traditional fixed benefit individual health insurance plan.

COO Nikesh Arora to take on advisory role at SoftBank Group

Jun 21, 2016, at 11:08 pm

Tokyo, June 21 (IBNS) SoftBank Group Corp.on Tuesday announced that Nikesh Arora, Representative Director, President and Chief Operating Officer of SBG, will assume an advisory role, effective July 1.

Markets dip on Tuesday

Jun 21, 2016, at 10:15 pm

Mumbai, Jun 21 (IBNS): Indian benchmark indices dipped at close of business on Tuesday, with Sensex down 54.14 points to 26812.78 and Nifty down 18.60 points to 8219.90.

Muthoot Finance completes acquisition of Muthoot Insurance Brokers Pvt Limited

Jun 21, 2016, at 09:46 pm

Kochi, June 21 (IBNS) Muthoot Finance Ltd on Tuesday announced that it has successfully completed the acquisition of Muthoot Insurance Brokers Pvt Limited (MIBPL) by transfer of equity shares from its existing shareholders for a consideration of Rs. 20 crores, making MIBPL a wholly owned subsidiary of Muthoot Finance.

Tata Power Renewable Energy Limited TPREL wins solar project in Maharashtra under National Solar Mission

Jun 21, 2016, at 09:37 pm

Mumbai/ Kolkata, June 21 (IBNS): Tata Power, India’s largest integrated power company, today announced that the Company’s 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has won Solar grid connected photovoltaic project of 30 MW in Maharashtra.

Indus Towers launches the second edition of its Sustainability Report

Jun 21, 2016, at 09:36 pm

New Delhi, June 21 (IBNS): Building on its philosophy of ‘Putting India First’, Indus Towers, India’s largest telecom tower company, recently launched the second edition of its annual Sustainability Report for FY2014-15.

TajSATS Delhi has been awarded ‘Best Inflight Caterer’ for the year 2016

Jun 21, 2016, at 09:07 pm

Kolkata/Mumbai, June 21 (IBNS): The Delhi unit of TajSATS, the country’s leading airline catering company, was awarded the ‘Best Inflight Caterer’ for the year 2016 at the GMR-IGI Airport Awards 2016.

Tata Power wins 30MW solar grid connected photovoltaic project in Maharashtra

Jun 21, 2016, at 09:06 pm

Mumbai, Jun 21 (IBNS): Tata Power, one of India’s key integrated power company, announced on Tuesday that the company’s 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has won a solar grid connected photovoltaic project of 30 MW in Maharashtra.

Bank of Baroda put up stall to facilitate allottees of WB Govt. employees under AKANSHA

Jun 21, 2016, at 09:04 pm

Kolkata, June 21 (IBNS) Bank of Baroda has put up a stall at Uttam Moncha to facilitate the allottees of West Bengal Government employees under AKANSHA Housing Project, New Town.

Vodafone M-Pesa partners with Bengaluru Electricity Supply Company Limited for easy bill pay

Jun 21, 2016, at 06:44 pm

Bangalore, June 21 (IBNS) Residents of Bengaluru, Davangere, Tumkur and Chitradurga can now pay their Electricity bill ‘On the Go’ with Vodafone M-Pesa.

Govt introduces 100 pct FDI in civil aviation

Jun 21, 2016, at 05:44 am

New Delhi, June 20 (IBNS): In a major reform, the Union Government radically liberalized the FDI regime on Monday and permitted 100% foreign ownership in defence and civil aviation.

ICICI Bank inaugurates new branch in Karnataka

Jun 21, 2016, at 01:52 am

Bengaluru, Jun 20 (IBNS): ICICI Bank Ltd, a private sector bank, inaugurated a new branch at Channagiri in Davanagere district of Karnataka.

Manufacturing and services, urban consumption keep Indian economy on growth path: World Bank

Jun 20, 2016, at 11:44 pm

New Delhi, June 20 (IBNS): The Indian economy will continue to post robust growth in the coming years, says the latest India Development Update of the World Bank.

Lava strengthens its leadership team to stay ahead of the curve

Jun 20, 2016, at 11:35 pm

New Delhi/ Kolkata, June 20 (IBNS) LAVA International Limited,an Indian brand , begins a new chapter in its growth story by announcing the appointment of two senior executives in the organization.

Raghuram Rajan says monetary policy committee a momentous step to fight against inflation

Jun 20, 2016, at 11:05 pm

Mumbai, June 20 (IBNS) RBI Governor Raghuram Rajan on Monday said setting up of the independent monetary policy committee (MPC) as a 'momentous step' taken by the government to fight against inflation.

90% of India’s workforce believe skill advancements will impact future job prospects: City and Guilds

Jun 20, 2016, at 10:25 pm

Kolkata, June 20 (IBNS) City & Guilds Group, a leader in global skills development, today unveiled the findings of its first Skills Confidence Report – an international study of 8,000 employees in India, the United Kingdom, United States and South Africa.

Kotak Mutual Fund launches Long Term Income (LTI) facility

Jun 20, 2016, at 10:01 pm

Mumbai, June 20 (IBNS): Kotak Mahindra Asset Management Company. Ltd has announced the launch of Long Term Income (LTI) facility to meet the need for predictable, long term, cash-flow requirement of investors.

ShopClues announces the exclusive brand launch of premier consumer durables brand NYC on its platform

Jun 20, 2016, at 10:00 pm

New Delhi, June 20 (IBNS): ShopClues, India’s first and largest managed marketplace, has announced the exclusive foray of NYC in India through its platform.

Rajan exit will certainly create a vacuum: ASSOCHAM

Jun 20, 2016, at 09:13 pm

New Delhi, June 20 (IBNS) ASSOCHAM on Monday said Raghuram Rajan's exit as RBI Governor will create a vacuum.

Land Rover introduces petrol derivative of Discovery Sport in India

Jun 20, 2016, at 09:06 pm

Kolkata/Delhi, June 20 (IBNS) : Jaguar Land Rover India on Monday announced launch of the 2.0 litre petrol derivative of the Land Rover Discovery Sport in India at an attractive starting price of INR 56.50 Lacs, ex-showroom, Delhi.