Maruti Suzuki sells 114,756 units in June

Jul 02, 2015, at 02:02 am

Mumbai, July 1 (IBNS) Car market leader Maruti Suzuki India Limited on Wednesday said it has sold a total of 114,756 units in June 2015, a growth of 1.8% per cent.

TVS Motor Company registers 8% growth in sales in June

Jul 02, 2015, at 01:59 am

New Delhi, July 1 (IBNS) TVS Motor Company on Wednesday said it recorded 8% growth in sales for the month of June 2015 with total sales increasing from 205,403 units recorded in the month of June 2014 to 222,099 units in the month of June 2015.

Sahaj offers assisted online shopping in Rural Tamil Nadu with mVikarsha Mobile Solutions PvtLtd

Jul 02, 2015, at 01:56 am

Kolkata/Bangalore/ Chennai, July 1 (IBNS): Sahaj is all set to roll on the m-Commerce bandwagon with their tie-up with mVikarsha - an upcoming name and a pioneer in "Assisted e-commerce".

NxtGen raises $13.5 million from IFC, Axon Partners Group and Intel Capital

Jul 02, 2015, at 01:53 am

New Delhi, July 1 (IBNS): NxtGen Datacentre & Cloud Technologies, the IT infrastructure services company, headquartered in Bengaluru, has raised $13.5 million from International Finance Corporation (IFC), a member of the World Bank Group; international investment firm, Axon Partners Group; and Intel Corporation’s global investment organization, Intel Capital; as part of series B funding for expansion activity.

Hyundai domestic sales up by 8.3%

Jul 02, 2015, at 01:52 am

New Delhi, July 1 (IBNS): premium car manufacturer Hyundai Motor India Ltd on Wednesday said it has registered a domestic sales of 36,300 units.

Keys Hotels and Resorts strengthens core team

Jul 02, 2015, at 12:30 am

Mumbai, July 1 (IBNS) Keys Hotels, a leading chain of business hotels, has appointed several new veteran hospitality and marketing professionals to bolster its operations, marketing and sales functions.

Metro Cash & Carry Opens Its 4th Outlet in home city Bengaluru

Jul 02, 2015, at 12:24 am

Kolkata, July 1 (IBNS): German business-to-business wholesaler Metro Cash & Carry is expanding its presence in s home city of Bengaluru, by opening its 4th wholesale outlet in the city at ETA Namma Mall in Binnypet.

Profit Before Tax for Citibank India rose 15.8 percent

Jul 02, 2015, at 12:00 am

Mumbai, July 1 (IBNS) Citi India on Wednesday announced its financial results for the year ended Mar 31 when the Profit Before Tax for Citibank India rose 15.8 percent to INR 5,923 crores from INR 5,113 crores in the previous financial year.

PM Modi launches digital India project

Jul 01, 2015, at 11:42 pm

New Delhi, July 1 (IBNS) Prime Minister Narendra Modi on Wednesday launched 'Digital India Week' at a function in Delhi.

Vodafone Bihar, Jharkhand invests for faster network

Jul 01, 2015, at 11:35 pm

Dhanbad, July 1 (IBNS): Following a ‘Bigger, Better, Faster” network approach, for “superior customer” experience, Vodafone India, has invested over INR 250 crores on ramping up network and distribution in Bihar & Jharkhand circle in FY 15 (April 2014- Mar 2015).

Rays Power Infra announces foray into wind and transmission sector

Jul 01, 2015, at 10:29 pm

Kolkata, July 1 (IBNS): Rays Power Infra Pvt. Ltd., a solar EPC companies in India, on Wednesday announced its entry into the wind and transmission sector.

Akaal Pharma, Australia extends collaboration with GVK BIO

Jul 01, 2015, at 10:29 pm

Kolkata, July 1 (IBNS): Asia's leading Discovery Research and Development organization, GVK BIO, announced the extended collaboration with Melbourne, Australia based clinical stage biopharmaceutical company, Akaal Pharma Pvt Ltd for the scale-up of its novel topical AKP-11 ointment to support Phase II clinical study in psoriasis.

Mahindra Tractors sells 23,899 units in India during June 2015

Jul 01, 2015, at 10:25 pm

Mumbai, July 1 (IBNS): Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES), a part of the USD 16.9 billion Mahindra Group, on Wednesday announced its sales numbers for June 2015.

Tata Motors sales continue growth trend in June 2015

Jul 01, 2015, at 10:16 pm

Mumbai, July 1 (IBNS): Tata Motors continued to witness strong growth in certain key segments as passenger cars (excluding UV's), M&HCV and Exports grew by 44%, 18% and 32%, respectively, year-on-year; with the total commercial and passenger vehicles sales (including exports) in June 2015 of 40,870 vehicles, a growth of 6% over 38,574 vehicles sold in June 2014.

Uber expands footprint in India, launches in 7 new cities

Jul 01, 2015, at 10:15 pm

Kolkata, July 1 (IBNS): Uber has expanded its footprint in the Indian market with the simultaneous launch in 7 new cities-Bhubaneswar, Coimbatore, Indore, Mysore, Nagpur, Surat and Visakhapatnam.

UAE based oil firm consolidates east African presence with acquisition of Essar Petroleum East Africa

Jul 01, 2015, at 10:15 pm

Sharjah, July 1 (IBNS): Gulf Petrochem Group on Wednesday announced the official acquisition and name change of Essar Petroleum East Africa Ltd to ASPAM Energy (Kenya) Ltd.

Mahindra's Auto Sector sells 36,134 units during June 2015

Jul 01, 2015, at 10:14 pm

Mumbai, July 1 (IBNS): Mahindra & Mahindra Ltd. (M&M Ltd.), India's leading SUV manufacturer, on Wednesday announced its auto sales numbers which stood at 36,134 units during June 2015 as against 38,466 units during June 2014.

Honda Cars India registers 13% growth in domestic sales in June 2015

Jul 01, 2015, at 08:18 pm

New Delhi, July 1 (IBNS): Honda Cars India Ltd. (HCIL), a manufacturer of premium cars in India, registered monthly domestic sales of 18,380 units in June 2015 against 16,316 units in the corresponding month last year, registering a growth of 13%.

World must prioritize social protection as primary development tool, urge UN and World Bank

Jul 01, 2015, at 06:05 pm

New York, July 1 (IBNS) Now it is time for universal social protection to ensure no one is left behind, the heads of the International Labour Organization and the World Bank declared today, noting that universal primary education became a Millennium Development Goal (MDG) in 2000, and 12 years later, the United Nations General Assembly adopted a resolution endorsing universal health coverage.

USAID to assist IIFCL raise $665 million

Jul 01, 2015, at 04:00 am

New Delhi, June 30 (IBNS): In an effort to scale up India's renewable energy capacity, the U.S. Agency for International Development (USAID) on Tuesday signed a memorandum of understanding (MOU) with IIFCL Asset Management Company Ltd. (IAMCL) to provide technical assistance for increasing investment in renewable energy in the country by $665 million.

Index of Eight Core Industries stands at 178.6 in May

Jul 01, 2015, at 03:01 am

New Delhi, June 30 (IBNS) The combined Index of Eight Core Industries stands at 178.6 in May, 2015, which was 4.4 % higher compared to the index of May, 2014, official data said on Tuesday.

AirAsia India introduces red carpet

Jul 01, 2015, at 02:38 am

Bengaluru, June 30 (IBNS): AirAsia India announced its latest service, Red Carpet which is aimed to offer further convenience and comfort options to passengers.

MedPlus launches 'Click. Pick. Save.' service in Kolkata

Jul 01, 2015, at 02:35 am

Kolkata, June 30 (IBNS): MedPlus, a pharmacy retailers with over 1300 stores spread across 12 states, on Tuesday announced the launch of their innovative e-commerce service 'Click, Pick. Save.' in Kolkata.

Village Financial Services starts operation in Jharkhand

Jul 01, 2015, at 02:00 am

Kolkata, June 30 (IBNS): Village Financial Services Pvt Ltd (VFS) announces commencement of its operations in Jharkhand.

Idea enlivens the beauty of Kolkata through #ThinkYellowThinkIdea Campaign

Jul 01, 2015, at 01:51 am

Kolkata, June 30 (IBNS): Continuing with its efforts to acknowledge and gratify its subscribers through innovative and engaging platforms, Idea Cellular, a telecom operator in the country, announced the winners of the #ThinkYellowThinkIdea contest that it recently conducted for its Facebook fans and followers from Kolkata.

Sensex closes 135 points up, Nifty rises 50 points

Jun 30, 2015, at 11:12 pm

Mumbai, June 30 (IBNS): Amid the Greece crisis, the Sensex closed 135 points up on Tuesday.

BlaBlaCar partners with IRCTC to offer city-to-city car ride sharing services

Jun 30, 2015, at 10:04 pm

New Delhi, June 30 (IBNS) BlaBlaCar and IRCTC have entered into advertising partnership to offer more travel options across India.

Polycom appoints new reseller, Inspira

Jun 30, 2015, at 09:18 pm

Hyderabad, June 30 (IBNS) Polycom, Inc. on Tuesday announced the appointment of new reseller, Inspira Enterprise India Pvt Ltd, to further strengthen the company’s market outreach for its industry-leading collaboration solutions and services offerings in India.

Airbus Defence and Space CEO meets PM Modi

Jun 30, 2015, at 07:40 pm

New Delhi, June 30 (IBNS) : Bernhard Gerwert, CEO, Airbus Defence and Space, called on Prime Minister Narendra Modi on Tuesday.

New UNESCO report finds some $2.3 billion required to send children to school in war-torn countries

Jun 30, 2015, at 03:41 pm

New York, June 30 (IBNS) It will cost $2.3 billion to send to school the 34 million children and adolescents of conflict–affected countries who are currently not attending educational institutions, which is 10 times the amount being received from humanitarian aid now, the United Nations Educational, Scientific and Cultural Organization (UNESCO) said in a new report released today.