Pricol standalone revenues grow 18.6% in FY 2015-16
May 31, 2016, at 02:46 am
Coimbatore (India), May 30 (IBNS): Pricol Limited, a leading manufacturer of automotive components for the global automotive market, has announced its fourth quarter and annual results for FY 2015-16.
Lux Industries Q4FY16 turnover up 3.51% to Rs 940.86 crore
May 31, 2016, at 01:22 am
Kolkata, May 30 (IBNS): Lux Industries Ltd. announced that it has registered growth in topline by 3.51% reaching a turnover of Rs. 940.86 crore in 2015-16 against Rs. 908.96 crore in 2014-15.
CDC partners Tata Value Homes and IFC
May 31, 2016, at 12:43 am
Kolkata / Mumbai, May 30 (IBNS): Tata Value Homes, a 100% subsidiary of Tata Housing Development Company has raised $25 million through CDC, UK's Development Finance Institution (DFI).
Indian markets surge ahead for the fifth consecutive session
May 30, 2016, at 10:35 pm
Mumbai, May 30 (IBNS) Indian benchmark indices continued with their positive momentum from the previous week with the Sensex up 72 points to 26725.60 and the Nifty up 21.85 points to 8178.50 on Monday.
Maruti Suzuki declares temporary production suspension
May 30, 2016, at 09:40 pm
New Delhi, May 30 (IBNS) Car maker Maruti Suzuki said on Monday that it is temporarily suspending manufacturing of cars at its facilities in Manesar and Gurgaon owing to a fire at the Manesar facility.
BASF India opens new concrete admixtures plant in Kharagpur
May 30, 2016, at 09:15 pm
Kharagpur, May 30 (IBNS) BASF on Monday inaugurated its new production plant for concrete admixtures in West Bengal, India.
Virat Fan Box exclusively available on Flipkart
May 30, 2016, at 09:10 pm
Bangalore, May 30 (IBNS): Fans of eminent cricketer Virat Kohli have a reason to rejoice as Flipkart, India’s largest ecommerce marketplace announces the exclusive launch of Virat Fan Box by Privyplex. Priced at Rs. 16,999, this box offers customers one-of-its-kind experience through customized offerings and a chance to meet the cricket legend.
CoreNet Global to host the India chapter on corporate real estate
May 30, 2016, at 09:04 pm
Kolkata, May 30 (IBNS): CoreNet Global, the world’s premier association for corporate real estate professionals today announced the third India edition of its global conference on corporate real estate (CRE). Internationally, CoreNet Global has been successful in bringing together thought leaders across Fortune 100 companies to identify collaborative solutions to corporate real estate challenges faced at an economic level. In India, CoreNet Global is associated with leaders at the ranks of Ram Chandnani, Managing Director (transactions services), CBRE South Asia and Venu Kota, Director, Corporate Real Estate, Visa Inc.to name a few.
Rado introduces chocolate brown collection in India
May 28, 2016, at 10:46 pm
Mumbai, May 28 (IBNS) Rado, the Swiss watch brand known for its innovative use of design and materials, officially introduced its chocolate brown high-tech ceramic collection at the Rado boutique in Mumbai on Saturday.
BLU Mobile launches five smart and two feature phones in West Bengal
May 28, 2016, at 08:05 pm
Kolkata, May 27 (IBNS): US-based Smartphone maker BLU on Wednesday unveiled five Android smart phones and two feature phones in Kolkata.
May 28, 2016, at 04:27 am
Mumbai, May 27 (IBNS): Japanese technology leader Sharp has entered into a strategic partnership with QNET, India to promote the co-branded Sharp-QNET Plasma Cluster Air Purifier through QNET's proprietary e-commerce platform.
Tata Group launches e-commerce marketplace TataCLiQ.com
May 28, 2016, at 04:15 am
Mumbai / Kolkata, May 27 (IBNS): The Tata group on Friday announced the opening of its e-commerce portal, TataCLiQ.com for customers.
Sony launches its new range of professional lens G Master
May 28, 2016, at 03:57 am
Kolkata May 25 (IBNS): Sony India on Wednesday launched its new professional lens G Master in Kolkata.
Indian brands make their way into top 100 luxury goods globally: Deloitte Report
May 28, 2016, at 02:45 am
Kolkata, May 27 (IBNS): The world's 100 largest luxury goods companies generated sales of $222 billion in financial year 2014, 3.6 percent higher year-on-year. Three India brands Titan (#32), Gitanjali Gem (#40) and PC Jewellers (#44) were featured for the first time in top 100 according to the Global Powers of Luxury Goods 2016 report of Deloitte titled 'Disciplined Innovation'.
Friday marks the fourth straight day of gains for Indian markets
May 28, 2016, at 01:38 am
Mumbai, May 27 (IBNS) Indian markets posted their fourth straight day of gains on Friday with Sensex up 286.92 points to 26653.60 and Nifty up 87 points to 8156.65.
BLU Mobile launches five smart and two feature phones in West Bengal
May 28, 2016, at 01:34 am
Kolkata, May 27 (IBNS): US-based Smartphone maker BLU on Wednesday unveiled five Android smart phones and two feature phones in Kolkata.
SBI reports sharp decline in Q4 standalone profit
May 27, 2016, at 11:45 pm
Kolkata, May 27 (IBNS) State Bank of India, the country's largest lender, reported a sharp decline in fourth quarter standalone profit largely due to more than two-fold increase in provisions and slow growth in net interest income, according to media reports.
Sunil Bharti Mittal receives top Harvard honours
May 27, 2016, at 08:39 pm
Cambridge, Massachusetts, May 27 (IBNS) Sunil Bharti Mittal, the founder of Bharti Enterprises and an alumni of Harvard Business School, received top honours from the varsity recently.
Maruti Suzuki to recall 75,419 Baleno cars and 1,961 DZire cars (only AGS variant)
May 27, 2016, at 07:55 pm
New Delhi, May 27 (IBNS) Maruit Suzuki, announced on Friday, that the company will proactively and voluntarily recall 75,419 Baleno cars (petrol and diesel), manufactured between August 3, 2015 and May 17, 2016 to upgrade the airbag controller software.
Jet Airways posts record annual profit of Rs 1212 crores
May 27, 2016, at 04:37 pm
Mumbai, May 27 (IBNS) Jet Airways group, which reported its financial results for the quarter and year ending on Mar 31, 2016 on Thursday, declared record annual profit of Rs 1,212 crores for FY16 and said it managed to reduce debt by Rs 1,680 crores mainly through cash generated from operations (after financing expenses).
Indian markets post gains for the third day in a row on Thursday
May 26, 2016, at 09:49 pm
Indian markets post gains for the third day in a row on Thursday
YES Bank receives Government of India: CCEA approval to increase Foreign Investment Limit to 74%
May 26, 2016, at 08:26 pm
Mumbai, May 26 (IBNS): YES Bank, India’s 5th largest private sector Bank has received approval from The Cabinet Committee on Economic Affairs (CCEA) chaired by the Honorable Prime Minister Narendra Modi for increase in foreign investment limit to 74% without any sub-limits, including for investments by QFIs or FPIs under the Portfolio Investment Scheme (PIS) by acquisition of permissible securities on stock exchanges (except NRIs).
Firm global cues boost Indian markets on Wednesday
May 26, 2016, at 03:05 am
Mumbai, May 25 (IBNS) Firm global cues supported Indian markets which ended Wednesday on a positive note with the Sensex up 575.70 points to 25881.17 and Nifty up 186.05 points to 7934.90.
CCEA approves doubling of Surendranagar-Rajkot railway line
May 26, 2016, at 02:50 am
New Delhi, May 25 (IBNS): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its approval for doubling of Surendranagar-Rajkot project at an estimated cost of Rs.1,002.39 crore with expected completion cost of Rs.1,137.17 crore with 5% escalation per annum.
CCEA approves doubling of Pune-Miraj-Londa railway line
May 26, 2016, at 02:15 am
New Delhi, May 25 (IBNS): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its approval for doubling of Pune-Miraj-Londa railway line project at an estimated cost of Rs.3,627.47 crore and expected completion cost of Rs.4,246.84 crore with 5% escalation per annum.
Cabinet gives ex-post facto approval to Yes Bank's proposal for increase in FI limit
May 26, 2016, at 02:09 am
New Delhi, may 25 (IBNS): The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday granted ex-post facto approval to the proposal of Yes Bank Ltd. for increase in the foreign investment limit to 74% from the existing foreign equity of 41.87% without any sub-limits, for investment by way of issue of non-equity shares and/or other permissible instruments to eligible non-resident investors.
Bajaj Auto posts highest ever profit after tax of Rs 3652 crore
May 26, 2016, at 01:39 am
Pune, May 25 (IBNS) Bajaj Auto Limited, while announcing its fourth quarter and FY2016 results on Wednesday, said that the company has posted profit after tax of Rs 3,652 crore for FY16, its highest ever.
May 26, 2016, at 01:06 am
New Delhi / Kolkata, May 25 (IBNS): LAVA International Limited, a mobile handset company, on Wednesday announced the launch of Lava A79 smartphone.
TCS and GE partner to enable healthcare industry transformation
May 26, 2016, at 01:00 am
Mumbai, May 25 (IBNS): Tata Consultancy Services, (TCS), a leading global IT services, consulting and business solutions organization, on Wedneday announced that as a strategic partner of GE Healthcare and GE Digital, it will develop innovative digital solutions on the GE Health Cloud to deliver benefits to its customers across the healthcare industry.
KPTL received new orders of Rs 809 crs
May 26, 2016, at 12:30 am
Mumbai, May 25 (IBNS): Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power & infrastructure contracting sector has secured new orders/notification of approx. Rs 809 crores.