Weak global cues and profit booking pull down indices
May 19, 2016, at 12:48 am
Mumbai, May 18 (IBNS) Following weak global cues and profit booking by investors, Indian benchmark indices ended on a losing note on Wednesday, with Sensex dipping 69 points to close at 25704.61 and Nifty dipping 20.60 points to close at 7870.15.
Mahindra Lifespaces launches Phase 3 of Antheia, Pune
May 18, 2016, at 11:27 pm
Pune, May 18 (IBNS): Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the USD 16.9 billion Mahindra Group, on Wednesday announced the launch of Phase 3 of its project Antheia in Pimpri, Pune.
Apple CEO meets with Indian app developers in Mumbai
May 18, 2016, at 11:24 pm
Mumbai, May 18 (IBNS) Apple CEO Tim Cook, who is in India on a four-day visit, met with Indian app developers on Wednesday, according to media reports.
Alto 800 launched in refreshed avatar
May 18, 2016, at 11:03 pm
New Delhi, May 18 (IBNS) Alto 800 has been launched with a more attractive front design, fresh interiors, vibrant colours, higher fuel efficiency and new features.
May 18, 2016, at 10:27 pm
New Delhi, May 18 (IBNS): Tata Power, India's largest integrated power company, has always undertaken various activities with an aim to improve the quality of life and uplift the economic conditions of its surrounding communities.
PNB posts biggest quarterly loss in Indian bank history
May 18, 2016, at 09:52 pm
New Delhi, May 18 (IBNS) Punjab National Bank (PNB), which reported its latest March quarter earnings on Wednesday, posted a net loss of 5370 crore -- due to higher provisioning for bad loans -- the biggest quarterly loss in the history of Indian banking, according to media reports.
Hyundai Motor India celebrates 20 years of foundation in India with Special Edition – Xcent
May 18, 2016, at 09:29 pm
Mumbai, May 18 (IBNS): Hyundai Motor India Ltd., the country’s largest exporter and the second largest car manufacturer on Wednesday introduced special edition of Xcent, commemorating 20 years of Foundation in India.
Siddhivinayak to Shah Rukh Khan on Apple chief executive's India tour menu
May 18, 2016, at 09:16 pm
Mumbai, May 18 (IBNS) Tim Cook, Apple's chief executive, began his India sojourn with a visit to the Siddhivinayak Temple in Mumbai on Wednesday morning, according to media reports.
May 18, 2016, at 02:22 am
New Delhi, May 17 (IBNS): In response to the latest Indian crash test results from UK-based Global New Car Assessment Programme (Global NCAP), automobile giant Mahindra & Mahindra on Tuesday said its products are developed and manufactured to meet or exceed the safety standards set in the Asian nation.
Voltas reports increase in sales in consolidated financial results for 2015-16
May 18, 2016, at 12:43 am
Kolkata/Mumbai, May 17 (IBNS): The Board of Directors of Voltas Limited, a global air conditioning and engineering services provider of the Tata Group, on Tuesday announced the consolidated audited financial results (including the Consolidated Segment Report) for the year ended March 31, 2016.
Vodafone India posts full year FY16 results
May 17, 2016, at 11:06 pm
Mumbai, May 17 (IBNS) Vodafone India, one of the leading total telecommunication service providers in the country announced its Full Year financial results (IFRS) for the year ended March 31, 2016 on Tuesday, which showed that service revenue (adjusted for regulatory impact) was up 10 per cent to Rs 46,435 crores from full year FY2015.
Heavy profit booking pare market gains on Tuesday
May 17, 2016, at 10:43 pm
Mumbai, May 17 (IBNS) Indian markets saw their intraday gains based on positive global cues pared at the close of business on Tuesday as investors booked profits in some index heavyweights from the banking, auto and FMCG sectors.
Kolkata: MedPlus celebrates a successful decade of innovation, excellence and customer satisfaction
May 17, 2016, at 10:29 pm
Kolkata, May 17 (IBNS): MedPlus, the leading brand in retail and online pharmacy, is celebrating its 10th anniversary this year.
Several popular Indian car models fail in UK agency safety test
May 17, 2016, at 10:28 pm
New Delhi, May 17 (IBNS) The latest Indian crash test results from UK-based Global New Car Assessment Programme (Global NCAP) regarding adult occupation protection disappointed, with all five models rated as zero star, according to media reports.
Idea slashes 4G or 3G Data prices upto 50% for night surfing
May 17, 2016, at 09:18 pm
New Delhi, May 17 (IBNS): Fostering data adoption amongst subscribers, telecom operator Idea Cellular on Tuesday introduced an affordable range of 4G or 3G night data packs.
Aurobindo Pharma receives USFDA approval for pain reliever tablets
May 17, 2016, at 07:19 pm
Hyderabad, May 17 (IBNS) Aurobindo Pharma Limited, manufacturer of generic pharmaceuticals and active pharmaceutical ingredients, announced on Tuesday that it has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Hydromorphone Hydrochloride Tablets USP, 2 mg, 4 mg, and 8 mg.
TVS Motor introduces StaR City+ in new Chocolate Gold edition
May 17, 2016, at 06:58 pm
Bengaluru, May 17 (IBNS) TVS Motor Company, India’s leading two wheeler maker, launched its new ‘Chocolate Gold Edition’ of the 2016 TVS StaR City+ motorcycle on Tuesday.
TCS and UK's NEST partner to sign-up 100,000 employers sign-up in pension scheme
May 17, 2016, at 06:20 pm
Mumbai/London, May 17 (IBNS) Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, announced on Tuesday that its client, the National Employment Savings Trust (NEST) in the UK, has now signed up more than 100,000 employers to its auto enrolment pension scheme.
Petrol, diesel prices increased
May 17, 2016, at 05:22 am
New Delhi, May 16 (IBNS): Adding troubles for consumers, petrol and diesel prices were hiked on Monday.
Toyota Innova Crysta launched in Kolkata, MPV priced at 14.24 lakhs
May 17, 2016, at 02:15 am
Kolkata, May 15 (IBNS): Japanese car maker Toyota Kirloskar Motor (TKM) on Friday launched the new Innova Crysta in Kolkata. The new Innova Crysta was first unveiled at the Auto Expo-The Motor Show 2016.
Indian markets post gain on Monday
May 17, 2016, at 01:48 am
Mumbai, May 16 (IBNS) Indian benchmark indices ended Monday on a gain riding on FMCG, tech and a few select stocks but loss in oil and infra stocks pared down the gains.
Shell India announces new Chairman as Yasmine Hilton completes assignment
May 17, 2016, at 01:13 am
New Delhi/Kolkata, May 16 (IBNS): Yasmine Hilton, currently Chairman, Shell Companies in India and VP IT Project Excellence, Royal Dutch Shell (Shell) will end her assignment on 30 September 2016, after a distinguished career spanning 37 years with Shell.
Knorr introduces ‘Rolls & Wraps mixes’
May 16, 2016, at 10:16 pm
Kolkata, May 16 (IBNS): For those times when hunger pangs set in and your family’s demands for a tasty snack leave you perplexed, Knorr comes to the rescue.
WROGN launches new ‘Be your own hero’ ad campaign with Virat
May 16, 2016, at 10:15 pm
Mumbai, May 16 (IBNS): Wrogn recently launched its new ‘Be your own hero’ advertising campaign with Virat Kohli as the chief brand evangelist.
India's April wholesale inflation at 0.34 pct
May 16, 2016, at 09:04 pm
New Delhi, May 16 (IBNS): India's wholesale inflation in April turned positive by standing at 0.34 per cent, government data revealed on Monday.
Jet Airways doubles frequency to Dammam to twice daily from Mumbai, Delhi
May 16, 2016, at 02:37 am
Mumbai, May 15(IBNS): Jet Airways, India’s premier international airline, will launch additional daily services to Dammam from Mumbai and Delhi, further boosting its operations to the key Saudi Arabian port city.
BHEL commissions 660 MW supercritical thermal plant in Maharashtra
May 15, 2016, at 12:25 am
New Delhi, May 14 (IBNS) Bharat Heavy Electricals Limited (BHEL) on Saturday said it achieved another landmark by successfully commissioning a 660 MW supercritical thermal unit in Maharashtra.
Vroom Technologies launches online automobile service marketplace, Autoyaar.com
May 14, 2016, at 09:06 pm
Mumbai, May 14 (IBNS): In order to tap India’s USD 2 billion after-sales automobile market, Autoyaar – an online marketplace for automobile servicing, providing, listing and booking for two and four wheelers – announced the launch of its operations here in the city. It is contemplating to expand its footprints in Mumbai, Pune and New Delhi soon.
Kolkata: Honda launches dual variants of its new compact SUV BR-V
May 14, 2016, at 07:27 pm
Kolkata, May 14 (IBNS): Adding to the competition in the compact SUV segment, Japanese automobile company Honda on Friday introduced its new compact SUV variant, Honda BR-V, in Kolkata.
Encourage venture funding in SME sector
May 14, 2016, at 05:17 pm
Kolkata, May 11 (IBNS) SME sector in India is managed by the promoter families and is considered to be the backbone of growth of Indian Economy today. Any large establishment has ancillary operation which are also run by these SME sector. The main cost component is the cost of fund which are borrowed mainly from nationalized banks in excess of promoters own contribution.