Tata Power strengthens its Renewable portfolio; commissions Lahori wind farm in MP
Apr 28, 2016, at 10:58 pm
Mumbai/ Kolkata, Apr 28 (IBNS): Tata Power, India's largest integrated power company, Thursday announced the successful commissioning of its 44 MW Lahori wind farm project, located in Shajapur district of Madhya Pradesh.
Indian benchmark indices slump on Thursday
Apr 28, 2016, at 10:51 pm
Mumbai, Apr 28 (IBNS) The Indian market too felt the heat of negative global sentiment and slumped at close of business on Thursday, with the Sensex falling 461.02 points to 25603.10 and Nifty sliding132.65 points to 7847.25.
Smartphones dent point-and-shoot camera market in a big way says ASSOCHAM report
Apr 28, 2016, at 09:11 pm
New Delhi, Apr 28 (IBNS) The Associated Chambers of Commerce & Industry of India (ASSOCHAM) in a report published on Thursday said that sale of digital cameras with heavy discounts have drastically dropped to mere 35% in the last one year whereas the demand of smartphones has increased by over 120%.
Global crude oil price of Indian Basket was US$ 43.03 per bbl on Wednesday
Apr 28, 2016, at 07:49 pm
New Delhi, Apr 28 (IBNS) The international crude oil price of Indian Basket as published on Thursday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 43.03 per barrel (bbl) on Wednesday. This was higher than the price of US$ 41.68 per bbl publsihed on Tuesday.
Rising trend in uptake of D&O Insurance
Apr 28, 2016, at 04:01 pm
EdgeVerve launches Blockchain Framework for financial services
Apr 28, 2016, at 04:40 am
Bangalore, Apr 27 (IBNS): EdgeVerve Systems, a product subsidiary of Infosys, which offers the Infosys Finacle universal banking solution suite, on Wednesday introduced its EdgeVerve Blockchain Framework designed to further the adoption of blockchain technology by the global financial services sector.
Apr 28, 2016, at 02:19 am
Bangalore, Apr 27 (IBNS) Infosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has made an investment in Trifacta, a leading provider of data wrangling software that enables non-technical users to easily transform data for analysis.
Markets remain cautions ahead of US policy decision and April F&O expiry
Apr 27, 2016, at 09:58 pm
Mumbai, Apr 27 (IBNS) At close of business on Wednesday, Sensex ended up 56.82 points at 26064.12 and Nifty up 17.25 points at 7979.90, ahead of the April Futures and Options expiry on Thursday.
Pratyush Kumar of Boeing India elected Chairman of AmCham India
Apr 27, 2016, at 09:30 pm
New Delhi, Apr 26 (IBNS): At the 24th Annual General Meeting of the American Chamber of Commerce in India (AmCham India) held in New Delhi on Apr 22, Pratyush Kumar, President, Boeing India, was elected as the Chairman of AmCham India.
Government taking measures to deal with bank NPAs: Arun Jaitley
Apr 27, 2016, at 07:48 pm
New Delhi, Apr 27 (IBNS) Speaking at the Second Meeting of the Consultative Committee attached to the Ministry of Finance on the subject: “NPAs in Banking Sector†on Wednesday, Union Finance Minister, Arun Jaitley said that the Government has taken various measures to deal with the issue of Non Performing Assets (NPAs) in Banking Sector especially in case of Public Sector Banks (PSBs).
Asia Index Private Limited launches S&P BSE Gold Hedged Indices
Apr 27, 2016, at 06:00 pm
Mumbai, Apr 26 (IBNS) Asia Index Private Limited, a joint venture between S&P Dow Jones Indices and BSE, announced the launch of the S&P BSE SENSEX Gold Hedged Index and S&P BSE SENSEX Dynamic Gold Hedged Index, on Tuesday, to offset currency fluctuation risks.
Global Crude oil price of Indian Basket was US$ 41.68 per bbl on Tuesday
Apr 27, 2016, at 05:32 pm
New Delhi, Apr 27 (IBNS) The international crude oil price of Indian Basket as published on Wednesday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 41.68 per barrel (bbl) on Tuesday. This was higher than the price of US$ 41.56 per bbl on previous publishing day of Monday.
Mitsubishi Motors to set up investigation team to check improper conduct in fuel consumption
Apr 27, 2016, at 05:31 pm
Minato, Apr 27 (IBNS) Mitsubishi Motors Corporation (MMC), which had earlier admitted to have used wrong tests to break Japanese rules for 25 years, is setting up a panel of three experts, all from external sources to check on the flaws.
Hyundai Motor India introduces first in segment automatic transmission in Creta Petrol
Apr 26, 2016, at 10:44 pm
New Delhi, Apr 26 (IBNS): Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and largest passenger car exporter on Tuesday announced that it has introduced first in segment Creta Petrol automatic variant (SX+) augmenting the overwhelming response to the most loved Indian Car of the Year.
Nifty closes one point short of its 2016 closing high
Apr 26, 2016, at 10:22 pm
Mumbai, Apr 26 (IBNS) At the close of business on Tuesday, Sensex was up 328.37 points at 26007.30 and Nifty was up 107.60 points at 7962.65 (just one point short of its 2016 closing high so far).
Miles & Smiles Rally 2016’ organized under ‘Experience Hyundai’ programme in Chandigarh
Apr 26, 2016, at 09:52 pm
Chandigarh, Apr 26 (IBNS) Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and largest passenger car exporter organized a Miles and Smiles Rally 2016 for Grand i10 customers in Chandigarh on Sunday under ‘Experience Hyundai’ programme.
No license required for setting up of Machine Tools manufacturing unit
Apr 26, 2016, at 08:50 pm
New Delhi, Apr 26 (IBNS) Minister of State in the Ministry Heavy Industries and Public Enterprises, G.M. Siddeshwara in a written reply in Lok Sabha on Tuesday said that no license is required for setting up of Machine Tools manufacturing unit in India.
Tata Power introduces spot electricity meter billing facility in Mumbai
Apr 26, 2016, at 08:31 pm
Mumbai, Apr 26 (IBNS) Tata Power, India’s leading integrated power company, announced on Tuesday the launch of its Spot Billing facility in Mumbai, where the electricity bill will be instantly generated through a device, which will capture the meter reading along with other necessary details, and printed on the spot .
Maruti Suzuki see a dip in quarterly net profit
Apr 26, 2016, at 08:30 pm
New Delhi, Apr 26 (IBNS) Maruti Suzuki, which reported its Jan-Mar 2016 or fourth quarter (Q4 earnings) on Tuesday, saw its net profit dip 11.7 per cent to Rs 11,336 million compared to Q4 results in 2015.
Mineral Production during February 2016
Apr 26, 2016, at 06:06 pm
New Delhi, Apr 26 (IBNS) The union Ministry of Mines has published provisional numbers related to the state of mining industry for February 2016 on Tuesday.
Global Crude oil price of Indian Basket was US$ 41.56 per bbl on Monday
Apr 26, 2016, at 05:47 pm
New Delhi, Apr 26 (IBNS) The international crude oil price of Indian Basket as published on Tuesday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 41.56 per barrel (bbl) on Monday. This was lower than the price of US$ 41.94 per bbl published on Friday.
LAVA launches its new brand campaign featuring MS Dhoni
Apr 26, 2016, at 03:20 am
New Delhi, Apr 25 (IBNS) Lava International Limited, one of the leading players in the Indian mobile handset industry, launched its latest multi-channel marketing campaign featuring its brand ambassador and India’s most successful national ODI Cricket team captain, Mahendra Singh Dhoni.
Infosys Foundation invests in cancer research through fellowships at Tata Memorial Centre
Apr 26, 2016, at 12:42 am
Bangalore, Apr 25 (IBNS): Infosys Foundation, the philanthropic arm of Infosys, has signed a Memorandum of Understanding (MoU) with Tata Memorial Centre (TMC) with the objective of developing a team of clinician-scientists proficient in translational laboratory research who will be able to bring their cross-disciplinary capabilities to bear on topical questions of cancer research in India.
Apr 25, 2016, at 09:05 pm
Bangalore, Apr 25 (IBNS): Mercedes-Benz Research and Development India (MBRDI) on Monday inaugurated a third facility at Whitefield, Bangalore. Spread across an area of 119,227sqft.with capacity of 900 seating, it is located close to the head office of MBRDI, also in Whitefield.
Global Crude oil price of Indian Basket was US$ 41.94 per bbl on Friday
Apr 25, 2016, at 06:09 pm
The international crude oil price of Indian Basket as published by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 41.94 per barrel (bbl) on Friday. This was lower than the price of US$ 42.35 per bbl published on Thursday.
Ruckus Wireless CEO meets Modi
Apr 23, 2016, at 09:26 pm
New Delhi, Apr 23 (IBNS) Selina Lo, President & CEO of Ruckus Wireless called on Prime Minister Narendra Modi, on Saturday.
Somany Ceramics inaugurates Somany Showroom and Studio in Delhi
Apr 23, 2016, at 01:15 am
New Delhi, Apr 22 (IBNS): Somany Ceramics Ltd on Friday inaugurated a Somany Showroom and a Somany studio in Delhi.
ICICI Bank inaugurates temporary extension counter at Simhastha in Ujjain
Apr 23, 2016, at 12:55 am
Ujjain, MP, Apr 22 (IBNS): ICICI Bank Ltd inaugurated a branch at at Simhastha in Madhya Pradesh's Ujjain.
HDFC Bank sees marginal increase in NPA in latest quarter compared to last year
Apr 22, 2016, at 11:43 pm
Mumbai, Apr 22 (IBNS) India's second largest private sector bank by assets, HDFC Bank, reported its results for the quarter ended Mar 31, 2016, on Friday.
Indian benchmarks end lower on Friday
Apr 22, 2016, at 10:23 pm
Mumbai, Apr 22 (IBNS) Indian benchmarks ended lower at close of business on Friday, with the Sensex down 42.24 points at 25838.14, and the Nifty down 12.75 points at 7899.30, largely due to weak cues from global markets.