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.
Microsoft provides grants to accelerate delivery of affordable internet access
May 25, 2016, at 11:52 pm
New Delhi / Kolkata, May 25 (IBNS) Microsoft Corp. on Wednesday announced it has awarded Affordable Access Initiative grants to 12 entrepreneurial businesses globally, including AirJaldi and Zaya Learning Labs in India to help scale their solutions and business models to increase affordable Internet access in communities around the world.
Sony introduces New 4K HDR TV line-up
May 25, 2016, at 10:15 pm
New Delhi, May 25 (IBNS) Committed to providing ultimate consumer experience, Sony announced today its 2016 BRAVIAâ„¢ 4K HDR line-up. The new 4K HDR models are a true novelty for consumers, adding real value to their 4K TV viewing experience.
May 25, 2016, at 09:21 pm
Mumbai, May 25 (IBNS) : Affinity Salons, the leading chain of salons in New Delhi launched its very first salon in Mumbai in an exclusive partnership with Wella Professionals - the premier name in professional hair cosmetics. Present at the grand opening were Vishal Sharma, Director of Affinity Salon, P.K.Hariharan, Country Manager for Wella Professionals India.
Navaratna Cool Oil launches its almond variant
May 25, 2016, at 09:05 pm
Kolkata, May 24 (IBNS): Navratna Oil, adds a new variant to its portfolio by introducing Navratna Almond Cool Oil, a value added proposition with greater focus on superior sensorial along with the therapeutic benefits of ayurvedic cool oil.
Whoa Mama bags creative design, strategy and social media marketing duties for PokerNation.com.
May 25, 2016, at 05:02 pm
Chennai, May 25 (IBNS) PokerNation.com has picked Whoa Mama Design to create the user experience and devise digital marketing strategy for its gaming web site, PokerNation.com.
Hitachi launches new 'Global Brand Campaign'
May 25, 2016, at 03:37 am
New Delhi, May 24 (IBNS): Hitachi, Ltd. and Hitachi India Pvt. Ltd. announced that the Hitachi Group has launched a new 'Global Brand Campaign' that is aligned with the management vision based on the '2018 Mid-term Management Plan' created during the current fiscal year.
Ambuja Cement announces completion of its Sankrail project in WB
May 25, 2016, at 01:32 am
Kolkata, May 24 (IBNS): Martin Kriegner, Head of Lafarge Holcim-India Operations and Board of Director for Ambuja Cements on Tuesday inaugurated the augmented Sankrail Grinding Unit at Howrah in West Bengal.
Cinepolis announces launch of international multiplex in Delhi
May 25, 2016, at 01:05 am
New Delhi, May 24 (IBNS): Cinepolis India on Tuesday announced the launch of their first international multiplex in Delhi.
Tata Motors Global Delivery Centre expands in Pune
May 25, 2016, at 12:37 am
Kolkata / Pune, May 24 (IBNS): Tata Motors on Tuesday inaugurated its Global Delivery Centre (GDC)'s new facility in Pune at the ICC Devi Gaurav Technology Park.
YES Bank rolls out Facebook at Work for its employees
May 24, 2016, at 07:42 pm
Mumbai, May 24 (IBNS) YES Bank has partnered with 'Facebook at Work' to roll out the platform for its 15,000 odd employees.
Ripple Fragrances consolidates its position in air car market
May 24, 2016, at 03:22 am
Kolkata, May 23 (IBNS): Ripple Fragrances the spatial fragrance division of NR Group (makers of Cycle Pure Agarbathies), on Monday announced its plans to strengthen its position in the air care market.
Aircel eases phone usage all night, launches unique Combo 123 with ‘extra’ benefits
May 24, 2016, at 01:07 am
Kolkata, May 23 (IBNS): Delivering on its commitment to offer the best value-for-money products and services, Aircel has introduced yet another exciting product – Combo 123 that offers ‘unlimited’ benefits.
Weak global cues and US Fed policy review concerns drive markets lower
May 24, 2016, at 12:03 am
Mumbai, May 23 (IBNS) Indian markets, which opened on a buoyant note on Monday erased its early gains soon after to finally end the day lower, with Sensex down 71.54 points to 25230.36 and Nifty down 18.65 points to 7731.05.
Siemens strengthens partnership with Sri Lanka
May 23, 2016, at 11:36 pm
New Delhi, May 23 (IBNS) Siemens, a global leader in the area of Smart Cities, strengthened its partnership with Sri Lanka by signing a Memorandum of Understanding (MoU) with Ministry of Megapolis and Western Development to offer expertise and best practices from its globally-proven, state-of-the-art, Sustainable, Smart City solutions portfolio.