HMSI to cross the threshold of 5 million two-wheeler sales in India
Feb 04, 2016, at 12:30 am
New Delhi, Feb 3 (IBNS): Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) on Wednesday said the threshold of 5 million two-wheeler sales in India will be crossed in 2016.
MCX bags 'Best Commodity Exchange Award' from ASSOCHAM
Feb 04, 2016, at 12:23 am
New Delhi, Feb 3 (IBNS): Multi Commodity Exchange of India Ltd (MCX) has won the Best Commodity Exchange Award at the 14th Commodity Futures Market Summit & Excellence Awards, organized by ASSOCHAM in New Delhi on Wednesday.
Maruti Suzuki Vitara Brezza unveiled in Delhi Auto Expo
Feb 03, 2016, at 11:14 pm
New Delhi, Feb 3 (IBNS): Delhi Auto Expo 2016 kicked off in grand style with the premiere of Maruti Suzuki Vitara Brezza, the compact urban SUV from the market leader.
Indian benchmark indices slip on weak global cues
Feb 03, 2016, at 10:39 pm
Mumbai, Feb 3 (IBNS): The Indian benchmark indices closed Wednesday on a losing note with the Sensex down 316 points to close at 24,223 and Nifty falling by 94 points to touch 7,362 owing to weak global cues.
Coal linkages for non-power sector to take the auction route
Feb 03, 2016, at 08:44 pm
New Delhi, Feb 3 (IBNS) Cabinet Committee on Economic Affairs on Wednesday has decided to grant long-term supply or linkages for coal to non-power sectors such as steel, cement and aluminium through electronic auctions to make it a transparent process while existing agreements will be allowed to lapse as the agreement ends.
ICICI Bank inaugurates its seventh branch at Jakhan in Dehradun
Feb 03, 2016, at 06:44 pm
Dehradun, Feb 3 (IBNS) ICICI Bank Ltd., inaugurated its new branch at Jakhan in Dehradun on Tuesday.
SAIL Chairman PK Singh interacts with SAIL collective
Feb 03, 2016, at 01:05 am
New Delhi, Feb 2 (IBNS) Steel Authority of India Ltd. (SAIL) Chairman, P.K. Singh visited all steel plants of the company in a planned manner to interact with the entire collective and energize the employees during these challenging times.
Panasonic's solar business India operations awarded "The Best Rooftop Solar Module Company"
Feb 03, 2016, at 12:59 am
New Delhi, Feb 2 (IBNS): Anchor by Panasonic, a vital member of Panasonic Corporation Eco Solutions company was declared winner in the category of Rooftop Solar Module Company in recognition of its continuing efforts and outstanding contribution towards the development of rooftop solar industry.
Zika: Tata Motors decides to rename ZICA car
Feb 03, 2016, at 12:28 am
New Delhi, Feb 2 (IBNS) Tata Motors on Tuesday announced that it has decided to rename its soon-to-be launched hatchback.
Indian benchmark indices fall on global cues and RBI maintaining its key monetary policy rates
Feb 02, 2016, at 11:18 pm
Mumbai, Feb 2 (IBNS) India's benchmark indices BSE Sensex and NSE Nifty fell over 1 per cent on Tuesday, tumbling to 24539 and 7,455.55 as the market closed, largely owing to selling in metal, oil and gas, healthcare and power stocks.
70,000 Le1S phones sold in 2 seconds: LeEco
Feb 02, 2016, at 09:41 pm
New Delhi, Feb 2 (IBNS): Chinese smartphone maker LeEco said 70,000 Le 1s units were sold out in 2 seconds on Tuesday.
India Investment Summit to be inaugurated by union finance minister Arun Jaitley
Feb 02, 2016, at 09:22 pm
New Delhi, Feb 2 (IBNS) Union Finance Minister, Arun Jaitley will inaugurate the two-day India Investment Summit 2016 to be held in New Delhi on Feb 4 and 5 while Union Minister of Urban Development M. Venkaiah Naidu will deliver the opening address during the first session.
Arvind Mediratta named METRO Cash & Carry India's new MD
Feb 02, 2016, at 07:52 pm
Kolkata, Feb 2 (IBNS) Arvind Mediratta has joined METRO Cash & Carry India as their new Managing Director taking over from Rajeev Bakshi, who had joined the company in 2010.
RBI keeps key rates on hold at 6.75 pc
Feb 02, 2016, at 07:05 pm
Mumbai, Feb 2 (IBNS): With the annual general budget awaited end of the month, on expected lines the Reserve Bank of India (RBI) kept its policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.75 per cent, announced RBI Governor Raghuram G. Rajan on Tuesday.
RBI keeps key rates unchanged at 6.75 pc
Feb 02, 2016, at 04:57 pm
Mumbai, Feb 2 (IBNS) On expected lines, the Reserve Bank of India (RBI) kept its policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.75 per cent, announced RBI Governor Raghuram G. Rajan on Tuesday.
One billion people uses WhatsApp: Mark Zuckerberg
Feb 02, 2016, at 03:34 pm
New York, Feb 2 (IBNS): Facebook CEO Mark Zuckerberg on Tuesday announced smartphone messaging service WhatsApp has hit the billion-user mark.
Maruti Suzuki India's sales decline 2.6 pct in January
Feb 02, 2016, at 02:49 am
New Delhi, Feb 1 (IBNS): Maruti Suzuki India on Monday reported a 2.6 percent dip in the company's total sales in January.
Tata Motors sales for January 2016 at 47,034 units
Feb 02, 2016, at 02:05 am
New Delhi, Feb 1 (IBNS) Tata Motors on Monday said it continued to witness year-on-year growth in the M&HCV segment in January 2016, with a growth of 30%.
Vietnam lifts ban on import of Indian groundnut
Feb 02, 2016, at 01:42 am
New Delhi, Feb 1 (IBNS) Vietnam has formally lifted the ban on import of Indian Groundnut, thereby providing market access after nine months, officials said on Monday.
Mahindra's Auto Sector sells 43,789 units during January 2016, registers a 10% growth
Feb 02, 2016, at 01:23 am
Mumbai, Feb 1 (IBNS): Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, on Monday announced its auto sales numbers which stood at 43,789 units during January 2016 as against 39,930 units during January 2015, representing a growth of 10%.
Cathay Pacific announces rebranding of Dragonair as Cathay Dragon
Feb 02, 2016, at 01:19 am
New Delhi, Feb 1 (IBNS): The Cathay Pacific Group on Monday announced that its wholly owned sister airline Dragonair is to be rebranded as Cathay Dragon.
Index of eight core industries increase 0.9% in Dec 2015
Feb 02, 2016, at 12:25 am
New Delhi, Feb 1 (IBNS): According to a release by the central Ministry of Commerce and Industry, the combined output of eight core industries that comprise nearly 38% of the weight of items included in the Index of Industrial Production (IIP), increased by 0.9% in Dec 2015 compared to that of Dec 2014.
CBDT signs 2 bilateral APAs with United Kingdom
Feb 01, 2016, at 11:25 pm
New Delhi, Feb 1 (IBNS) The Central Board of Direct Taxes (CBDT) has entered into two bilateral Advance Pricing Agreements (APAs) with United Kingdom on Jan 29.
Feb 01, 2016, at 10:37 pm
New Delhi, Feb 1 (IBNS) India’s leading motorcycle manufacturer Bajaj Auto has unveiled its highly anticipated all new commuter motorcycle, the "V".
Mahindra & Mahindra sold 9% more vehicles in January compared to the same month a year ago
Feb 01, 2016, at 10:31 pm
Mumbai, Feb 1 (IBNS): Mahindra & Mahindra, one of India's leading utility vehicle (UV) and farm equipment maker, said its total sale of vehicles increased over 9% in January 2016 compared to January 2015.
Jet Airways to introduce in-flight wireless streaming service
Feb 01, 2016, at 10:31 pm
Mumbai, Feb 1 (IBNS): Jet Airways, India’s premier international airline, on Monday announced the introduction of an in-flight entertainment (IFE) streaming service that will redefine the way the airline’s guests view onboard content.
Loss in major banking and auto stocks force Indian market to post loss
Feb 01, 2016, at 10:26 pm
Mumbai, Feb 1 (IBNS): The Indian stock market could not hold on to its opening upbeat trading on Monday and closed at a loss, with the Nifty closing at 7555.95 (down 7.60 points) and Sensex touching 24824.83 (down 45.86 points) largely due to the dip in share prices of banking stocks such as ICICI Bank and State Bank of India and auto major Maruti Suzuki.
Nucleus software announces FinnOne Go Live at Bank of Queensland
Feb 01, 2016, at 10:06 pm
New Delhi, Feb 1 (IBNS) Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, further strengthened its global presence by announcing the successful launch and roll-out of its lending software at Bank of Queensland (BOQ), in Australia.
Infosys undertakes sanitation drive: completes construction of 346 toilets in Odisha
Feb 01, 2016, at 09:59 pm
Bhubaneswar, Feb 1 (IBNS): Infosys Foundation in association with Akanksha, the CSR arm of Infosys Bhubaneswar, on Monday announced the successful completion of construction of 346 toilets in 106 schools of Odisha, as part of its endeavor to support the Prime Minister's 'Swachh Bharat Swachh Vidyalaya Abhiyan' mission in two phases.
Hyundai domestic sales grew by 9.3%
Feb 01, 2016, at 08:41 pm
New Delhi, Feb 1 (IBNS): Hyundai Motor India Ltd, the country’s leading car manufacturer and the largest passenger car exporter, on Monday said it has registered the domestic sales of 38,016 units and exports of 6,214 units with cumulative sales of 44,230 units for the month of January 2016.