Kolkata hosts North East ASEAN Business Summit
Apr 08, 2016, at 09:21 pm
Kolkata, Apr 8 (IBNS): Northeast India has great potential for development and could well become the growth engine that will give the next big push to the Indian economy.
Bajaj Auto-KTM collaborate to expand into Indonesian market
Apr 08, 2016, at 08:18 pm
Pune/Mumbai, Apr 8 (IBNS) Bajaj Auto Limited announced on Friday that through an agreement with Austria's KTM AG, it is set to extend its distribution network in Indonesia, said to be South East Asia's largest motorcycle market.
Tata Power's Singapore subsidiary to sell OTP stake
Apr 08, 2016, at 07:31 pm
Mumbai, Apr 8 (IBNS) The Tata Power Company Limited announced on Friday that its wholly owned subsidiary, Singapore-based Tata Power International Pte. Limited (TPIPL), has signed an agreement with KS Orka Renewables Pte. Ltd. for the sale of its 50 per cent stake in OTP Geothermal Pte. Ltd. (OTP).
Next Orbit Ventures invests 115 crore INR in Infibeam IPO
Apr 08, 2016, at 07:09 pm
Mumbai, Apr 8 (IBNS) The Rs 450-crore initial public offer (IPO) of Infibeam Incorporation has received 115 crore INR investment from Next Orbit Ventures, a Mumbai based venture capital firm.
Sony Pictures unveils regional plan ahead of Vivo IPL 2016
Apr 08, 2016, at 06:07 pm
Kolkata, Apr 6 (IBNS): Sony Pictures Networks India (SPN) on Thursday, unveiled their regional campaign for VIVO IPL 2016 to further strengthen their reach through strategic market activation and localization of content.
Global crude oil price of Indian Basket was US$ 36.71 per bbl on Thursday
Apr 08, 2016, at 05:49 pm
New Delhi, Apr 8 (IBNS) The international crude oil price of Indian Basket as published on Friday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 36.71 per barrel (bbl) on Thursday. This was higher than the price of US$ 35.73 per bbl published on Wednesday.
Muthoot Finance launches 'Home Protector' Scheme
Apr 08, 2016, at 01:01 am
Kochi, Apr 7 (IBNS): Muthoot Finance has joined hands with Liberty Videocon General Insurance to provide a comprehensive home insurance policy 'Muthoot Home Protector' for its customers, with premium starting at Rs. 500.
Indian markets make a poor show on Thursday
Apr 07, 2016, at 10:14 pm
Mumbai, Apr 7 (IBNS) With investors booking profits in stocks that have outperformed recently, the market failed to make a come back at close of business on Thursday with the Sensex down 215.21 points to 24685.42 and the Nifty down 67.90 points to 7546.45.
LeEco tunes into FM for LeEco Day; launches high blitz radio campaign
Apr 07, 2016, at 09:24 pm
New Delhi, Apr 7 (IBNS) LeEco, the global internet and technology conglomerate, which has created ripples in the Indian market for being a disruptive and innovative brand has launched its first radio campaign nationally.
NSE asks Blue Star for clarification regarding its planned foray into water purifier business
Apr 07, 2016, at 07:15 pm
Mumbai, Apr 7 (IBNS) The National Stock Exchange (NSE) on Thursday has sought clarification from the Blue Star Company regarding their announcement in a Press Release titled 'Blue Star to foray into the water purifier business'.
Global crude oil price of Indian Basket was US$ 35.73per bbl on Wednesday
Apr 07, 2016, at 06:41 pm
New Delhi, Apr 7 (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$ 35.73 per barrel (bbl) on Wednesday. This was higher than the price of US$ 34.65 per bbl publsihed on Tuesday.
Sharad Agarwal appointed as Head of Lamborghini India
Apr 07, 2016, at 01:53 am
New Delhi, Apr 6 (IBNS): Sharad Agarwal, previously the Head of Field Forces for Audi India, has now been appointed as the Head of Lamborghini India with immediate effect.
HDFC Bank signs MoU with Indian Navy
Apr 07, 2016, at 01:02 am
New Delhi, Apr 6 (IBNS): HDFC Bank Ltd., signed an MoU with the Indian Navy to offer salary account to Navy personnel.
Honda Cars India launches digital teaser campaign for BR-V
Apr 07, 2016, at 12:05 am
New Delhi, Apr 6 (IBNS): Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, today started its digital easer campaign #WhereNextWithBRV. The campaign will showcase the, soon to be launched Honda BR-V, in varied terrains and locales.
Godrej Eon range of frost free refrigerators bags prestigiousIndia Design Mark award
Apr 07, 2016, at 12:03 am
Mumbai, Apr 6 (IBNS): The recently launched range of Godrej Eon Frost Free refrigerators has been awarded the prestigious India Design Mark, a renowned design standard which recognizes good design and was initiated in cooperation with Good Design Award, Japan to recognize well designed products that enrich lives of people who use them.
WhatsApp announces end to end incryption
Apr 06, 2016, at 11:11 pm
Mountain View, Apr 6 (IBNS) Instant messaging service WhatsApp on Tuesday announced end to end encryption across all platforms, increasing the safety of users.
Indian financial markets end flat on Wednesday
Apr 06, 2016, at 10:25 pm
Mumbai, Apr 6 (IBNS) Indian benchmark indices closed flat on Wednesday with the Sensex up 17.04 points to 24900.63 and Nifty up 11.15 points to 7614.35.
Siemens partners with NTPC to boost power generation in south India
Apr 06, 2016, at 09:07 pm
New Delhi, Apr 6 (IBNS) Siemens Limited started dispatch of the largest-ever ‘Made in India’ single-phase Generator Step-Up (GSU) Transformer of rating 315 MVA, 23.5kV or 420kV for installation at NTPC’s Kudgi Super Thermal Power Station in Bijapur, Karnataka.
Blue Star to enter the water purifier business later in 2016
Apr 06, 2016, at 08:45 pm
Mumbai, Apr 6 (IBNS) Blue Star Limited,a leading air conditioning and commercial refrigeration company, has announced on Wednesday that it is planning to enter the water purifier business later in 2016, in keeping with its aggressive growth plans to expand its presence in related new product categories.
ABB and IITM collaborating on micro-grids and energy storage solutions
Apr 06, 2016, at 08:21 pm
Chennai, Apr 6 (IBNS) ABB, a leading global technology company in power and automation, signed a memorandum of understanding with the Indian Institute of Technology Madras (IITM) on Tuesday for technical cooperation to build microgrids as well as conduct joint R&D in the field of rural electrification, utilization of natural non-fossil resources, battery energy storage and their connection to loads and main grid.
Future Group to acquire e-store store FabFurnish
Apr 06, 2016, at 08:18 pm
Mumbai/New Delhi, Apr 6 (IBNS) Kishore Biyani-led Future Group is acquiring Gurgaon-based on-line home store FabFurnish.com, which will become a subsidiary of the groups' flagship company Future Retail, according to media reports.
BSE and CMIE launch world’s first high-frequency data on unemployment and consumer sentiments
Apr 06, 2016, at 06:38 pm
Mumbai, Apr 6 (IBNS) Bombay Stock Exchange (BSE), the world’s fastest stock exchange with the speed of 6 microseconds and CMIE, India's leading business information company, announced on Tuesday that they have joined hands to launch the world’s first high-frequency data on unemployment and consumer sentiments.
Global crude oil price of Indian Basket was US$ 34.65 per bbl on Tuesday
Apr 06, 2016, at 05:56 pm
New Delhi, Apr 6 (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$ 34.65 per barrel (bbl) on Tuesday. This was lower than the price of US$ 35.44 per bbl published on Monday.
INOX Leisure Limited signs agreement with IMAX Corporation
Apr 06, 2016, at 12:59 am
Kolkata Apr 5 (IBNS) INOX Leisure Limited (INOX), one of the largest cinema exhibition chains in India, announced an agreement with IMAX Corporation, for five IMAX theatre systems.
GP Petroleums launches 'Repsol' Lubricants in India
Apr 06, 2016, at 12:57 am
Mumbai, Apr 5 (IBNS): GP Petroleums Ltd, subsidiary of Gulf Petrochem Group, a UAE-based leading player in the oil sector, on Tuesday launched the leading Spanish oil company Repsol's lubricant business in India.
Indian market sentiment remains low with expected 25bps cut in interest rates
Apr 05, 2016, at 10:59 pm
Mumbai, Apr 5 (IBNS) At close of business on Tuesday, Indian benchmark indices slumped with the Sensex down 516.06 points to 24883.59 and the Nifty down 155.60 points to 7603.20 largely due to weak global cues, profit booking and the Reserve Bank of India cutting interest rates by 25bps as expected.
Catapooolt, AskMe group to promote innovation in India
Apr 05, 2016, at 07:32 pm
Mumbai, Apr 5 (IBNS) In line with its commitment to support innovative business ideas, AskmePay, the integrated merchant solution by the AskMe Group, on Tuesday announced a strategic partnership with Catapooolt, an Indian crowdfunding and community engagement platform.
Apr 05, 2016, at 07:07 am
New Delhi, Apr 5 (IBNS): Adding troubles for consumers, petrol and diesel prices have been hiked from midnight on Tuesday.
IDFC Bank wins honours at IFR Asia
Apr 05, 2016, at 03:48 am
Mumbai, Apr 4 (IBNS): IDFC Bank, subsidiary of the infrastructure finance company, IDFC Ltd., has been named the 'India Bond House' for the year 2015, by International Financing Review Asia (IFR Asia).
Bimal Dayal takes charge as CEO of Indus Towers
Apr 05, 2016, at 03:28 am
New Delhi, Apr 4 (IBNS): Telecom tower company Indus Towers on Monday announced the formal takeover of Bimal Dayal as the Chief Executive Officer (CEO) with immediate effect.