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India records 1054 new COVID-19 cases in last 24 hrs | Ukraine war 'permanently polluted' Vladimir Putin's reputation: Boris Johnson during Kyiv visit | Shehbaz Sharif likely to become Pakistan's next Prime Minister after Imran Khan's removal | Jammu and Kashmir: Local LeT terrorist killed in gunfight ith security forces | UP CM Yogi Adityanath's office Twitter handle hacked | MHA lists Hafees Saeed's son Talha as terrorist | Jal Jeevan Mission giving new impetus to country's development: PM Modi | Ahead of no-trust vote, Imran Khan urges people to hit streets for protecting Pakistan's sovereignty | Centre warns five states including Delhi, Maharashtra over rising Covid cases | 'Foreign donations not an absolute right': Supreme Court upholds amendments to FRA provisions

Official Index Numbers of Wholesale Price in India published

Jun 14, 2016, at 06:02 pm

New Delhi, Jun 14 (IBNS): Union Ministry of Commerce & Industry has published the official Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of May, 2016, on Tuesday.

The top 5 Unbreakable pieces of Hardware Money can buy

Jun 14, 2016, at 04:57 pm

Though we tend to protect our expensive electronic equipments against falls and other such mishaps; they are still (especially the ones we use everyday like tablets and smartphones) prone to accidents which may even damage the equipment completely. Bu thanks to rugged technology such accidents do not have to be fatal for our gadgets all the time.

Markets closed lower on Monday

Jun 14, 2016, at 04:01 am

Mumbai, Jun 13 (IBNS) Following selling pressure in global equities and poor industrial output data, Indian benchmark indices too ended lower on Monday, with Sensex down 238.98 points to 26396.77 and Nifty down 59.45 points to 8110.60.

Indicash ATM Network achieves 8000 ATM milestone

Jun 14, 2016, at 03:29 am

Kolkata, June 13 (IBNS) Tata Communications Payment Solutions Limited (TCPSL), a wholly-owned subsidiary of Tata Communications Limited and the largest White Label ATM service provider in the country, announced the deployment of its 8000th Indicash ATM at a Tier 6 location Appipatti,Theni, Tamilnadu.

IDBI Bank launches 'IDBI Express' for branchless banking

Jun 14, 2016, at 02:25 am

New Delhi Jun 13 (IBNS): IDBI Bank has launched 'IDBI Express', a banking solution, enabling customers to bank at their chosen time and place beyond banking hours, without having to visit the Bank branch.

The First Gateway of India Dialogue: Where geopolitics meets business

Jun 13, 2016, at 07:07 pm

New Delhi, Jun 13 (IBNS): The Ministry of External Affairs (MEA) announced on Monday that it is co-hosting the two-day First Gateway of India Dialogue with Gateway House in Mumbai.

Tata Power arm signs SPA to acquire Welspun Renewables Energy Private Limited

Jun 13, 2016, at 04:14 am

Mumbai/ Kolkata, June 12 (IBNS): The Tata Power Company Limited , India’s largest integrated power company, announced today that, Tata Power Renewable Energy Limited, a 100% subsidiary of Tata Power, has signed an SPA with Welspun Energy Private Limited to acquire its subsidiary Welspun Renewables Energy Private Limited.

Infosys Public Services and District of Columbia partner to modernize eligibility, enrollment system for social programs

Jun 11, 2016, at 01:25 am

Washington, D.C., United States; June 10 (IBNS): Infosys Public Services Inc.,a US-based subsidiary of global consulting, technology and next-generation services company Infosys,and the District of Columbia Department of Human Services, today announced the achievement of a milestone in their joint project, the District of Columbia Access System (DCAS).

Tata Power commemorates its Centenary journey by releasing a postage stamp

Jun 11, 2016, at 12:24 am

Kolkata,June 10 (IBNS): Tata Power, India’s largest integrated power company, recently culminated its centennial celebrations by releasing its official postage stamp that has been created as a memento to the Company’s 100 years contribution to India’s growth story.

India's industrial output drops 0.8 percent in April

Jun 10, 2016, at 11:30 pm

New Delhi, June 10 (IBNS): India's industrial output dropped by 0.8 percent in April as compared to the level in the same month last year, government data released on Friday said.

Markets close lower on Friday

Jun 10, 2016, at 10:09 pm

Mumbai, Jun 10 (IBNS): Indian benchmark indices fell further on Friday with the Sensex down 127.71 points to 26635.75, and the Nifty down 33.55 points to 8170.05.

Benchmark indices touch negative territory on Thursday

Jun 10, 2016, at 03:20 pm

Mumbai, Jun 9 (IBNS): Global cues, profit booking by investors and a significant decline in share price of Infosys pushed back the market benchmarks on Thursday, with Sensex down 257.20 points to 26763.46 and Nifty down 69.45 points to 8203.60.

Tata Motors announces 'Trust of India' initiative for government employee

Jun 10, 2016, at 12:43 am

Kolkata / Mumbai, Jun 9 (IBNS): Tata Motors on Thursday announced the offer for India's Central and State government employees-'Trust of India,' an initiative which focuses on building relationships and a strong customer base among the government employees.

Bajaj Allianz Life maintains profitability, posts 105% growth in financial inclusion segment in FY16

Jun 10, 2016, at 12:06 am

Pune, June 9 (IBNS): Private life insurers, Bajaj Allianz Life Insurance has reported nearly 7% growth in new business to Rs 2,885 crore in financial year 2015-16, as against Rs 2,702 crore in FY15.

Infosys Pune celebrates its 20th year anniversary

Jun 10, 2016, at 12:04 am

Pune, June 9 (IBNS): Infosys Pune Development Center (DC), the company’s largest DC by strength, on Thursday celebrated its 20th anniversary. The story of Infosys started in this city when Narayana Murthy and six engineers started the company as Infosys Consultants Pvt Ltd. in Pune in 1981.

ICICI Bank inaugurates new branch at Gamma 1, Greater Noida

Jun 10, 2016, at 12:00 am

Noida, June 9 (IBNS) : Private sector bank ICICI Bank Ltd on Thursday inaugurated a new branch at Gamma Shopping Complex at Gautam Budh Nagar, Greater Noida. The branch also houses a 24x7 ATM at its premises.

Village Financial Services accelerates growth with expansion

Jun 09, 2016, at 01:25 am

Kolkata, June 8 (IBNS): Village Financial Services, a leading MFI of West Bengal starts its operation in Uttrakhand, Tripura, Odisha and Sikkim.

Google, Tata Trusts launch ‘Internet Saathi’ initiative in West Bengal

Jun 09, 2016, at 01:05 am

Kolkata, June 8 (IBNS): Expanding it’s program to train women in rural India on the benefits of Internet - Google India and Tata Trusts today announced the launch of ‘Internet Saathi’ program in the state of West Bengal.

OYO enters into partnership with ItzCash to build strong omni-channel presence

Jun 08, 2016, at 11:49 pm

Mumbai, June 8 (IBNS): OYO, India’s largest branded network of hotels announced a strategic partnership with ItzCash, India’s pioneer and the largest player in the digital payments space, to tap the next 500 million underserved Indian consumer segment.

Siemens Ltd. wins order worth Rs. 113 crore from Power Grid Company of Bangladesh Limited

Jun 08, 2016, at 11:36 pm

Mumbai, June 8 (IBNS) Siemens Ltd. announced that, together with Siemens Bangladesh Ltd., it has won an order worth approximately Rs. 113 crore from Power Grid Company of Bangladesh Limited (PGCB) to design, procure, supply, install, test and commission 230/132kV Gas Insulated Switchgear Substation along with 225/300 MVA, 132/33 KV and 50/75 MVA Transformers at Keraniganj within Dhaka.

IATA reappoints Jet Airways Chairman Naresh Goyal to its Board of Governors

Jun 08, 2016, at 11:01 pm

Mumbai, June 8 (IBNS): Jet Airways Chairman Naresh Goyal has been re-elected to International Air Transport Association’s (IATA) Board of Governors for a fifth successive tenure.

Benchmark indices end flat on a lacklustre day

Jun 08, 2016, at 10:36 pm

Mumbai, Jun 8 (IBNS): Indian benchmark indices ended flat on Wednesday following mixed global cues, with Sensex up 10.99 points to 27020.66 and Nifty up 6.60 points to 8273.05.

ICICI Bank launches next generation features on iMobile

Jun 08, 2016, at 09:43 pm

Mumbai, June 8 (IBNS) : ICICI Bank, India’s largest private sector bank, has added five new industry-first features on its mobile banking app, ‘iMobile’, taking the total number of services that the users can avail of to over 150.

Royal Society expands prestigious University Research Fellowships programme thanks to generous funding of £5.6M from Tata companies

Jun 08, 2016, at 09:07 pm

London/Mumbai /Kolkata, June 8 (IBNS) : The Royal Society’s prestigious University Research Fellowships (URF) scheme, which supports exceptional young scientists, is to receive a £5.6 million boost thanks to generous funding from a group of Tata companies, including Tata Sons, Jaguar Land Rover and Tata Consultancy Services (TCS). The funding will establish nine new Tata University Research Fellows in the Physical Sciences and Engineering over the next ten years, with the first Royal Society Tata University Research Fellows due to be appointed in October 2016.

Siemens wins big-ticket order from Power Grid Company of Bangladesh Limited

Jun 08, 2016, at 08:24 pm

Kolkata, Jun 8 (IBNS): Siemens Ltd announced on Tuesday that together with Siemens Bangladesh Ltd., it has won an order worth approximately Rs. 113 crore from Power Grid Company of Bangladesh Limited (PGCB) to design, procure, supply, install, test and commission 230/132kV Gas Insulated Switchgear Substation along with 225/300 MVA, 132/33 KV and 50/75 MVA Transformers at Keraniganj within Dhaka.

World Bank cuts 2016 global growth forecast to 2.4 percent

Jun 08, 2016, at 03:27 pm

Washington, June 8 (IBNS):The World Bank is downgrading its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows.

Qatar’s Al Sawari Holding signs MoU during PM Modi’s Doha visit

Jun 08, 2016, at 12:37 am

Doha, June 7 (IBNS) Al Sawari Holding, one of Qatar’s leading private companies with interests across hospitality, real estate and education sectors today signed a Memorandum of Understanding (MoU) and management agreements to mark its entry into India.

Axis Bank lists Asia’s first certified Green Bond on London Stock Exchange

Jun 08, 2016, at 12:08 am

Mumbai, June 7 (IBNS): Axis Bank, India’s leading private sector bank, opened trade at London on Monday to celebrate the bank’s landmark issuance of Asia’s first internationally listed certified green bond on London Stock Exchange. The bond, certified by the Climate Bonds Standards Board, raised USD 500 million.

Microsoft launches Cyber Security Engagement Center in India

Jun 07, 2016, at 11:22 pm

New Delhi/ Kolkata, June 7 (IBNS): Deepening its commitment to enhancing cybersecurity, Microsoft has announced the opening of its Cyber Security Engagement Center (CSEC) in Gurgaon, India.

Sensex ends above 27000 first time since October 2015

Jun 07, 2016, at 10:39 pm

Mumbai, Jun 7 (IBNS): The market on Tuesday posted strong gains owing to positive global cues and after the Reserve Bank of India as expected maintained its interest rate at 6.5 per cent during the second monetary policy review on the same day.