Future First, Arohan firm up ties to offer financial products

Nov 14, 2019, at 04:54 pm

Kolkata/IBNS: Future First Insurance Broking Pvt Ltd has teamed up with Arohan Financial Services Limited, part of the Aavishkaar Group, to offer financial products.

Retail inflation in India rises to 4.62 per cent in Oct

Nov 13, 2019, at 07:29 pm

New Delhi/UNI: Driven by high food prices, India's retail inflation increased to 4.62 per cent in October, according to government data released on Wednesday.

Yes Bank drops by 6.51 pc to Rs 68.25

Nov 13, 2019, at 05:53 pm

Mumbai/UNI: Yes Bank on Wednesday tumbled down by 6.51 pc to Rs 68.25 to be the top losers in the 30 scrips index of Bombay Stock Exchange (BSE).

HAL registers 32 pc growth in the second quarter 

Nov 13, 2019, at 05:50 pm

Bengaluru/UNI: Aviation major HAL has posted a strong financial performance registering a growth of 32 per cent on revenue from operations of Rs 3451 Crore for the quarter ended September 2019 as against Rs 2610 Crores earned during the same period last year.

Indian Rupee dropped 63 paise against USD; 9-week-low

Nov 13, 2019, at 05:45 pm

Mumbai/UNI: The Rupee on Wednesday heavily down by 63 paise to 72.09, nine-week-low on brisk demand for US Dollars by bankers and importers, dealers at the Forex Market said.

India Market: Sensex down 229.02 pts

Nov 13, 2019, at 05:44 pm

Mumbai, Nov 13 (UNI): The benchmark index of Bombay Stock Exchange (BSE) on Wednesday slipped by 229.02 points to settle at 40,116.06, as selling was seen across the board amid growing worries over US-China trade deal talks sent the benchmark indices over half a per cent lower.

GoMechanic hires ex-Ashok Leyland Executive to anchor its EV strategy

Nov 13, 2019, at 04:51 pm

New Delhi/UNI: GoMechanic, India’s largest network of technology-enabled car service centers, has announced that Suyash Kumar, who was the eMobility business lead for Ashok Leyland, is on board to drive its EV strategy and plan.

OYO Hotels & Homes elevates Harshit Vyas to Chief Business Officer

Nov 13, 2019, at 04:40 pm

Kolkata/UNI: OYO Hotels & Homes, the world’s second-largest chain of leased and franchised hotels, homes, living and workspaces, today announced the appointment of Harshit Vyas, as the Chief Business Officer, India, effective October 01, 2019.

BVR Subbu joins board of Ola Electric

Nov 13, 2019, at 04:27 pm

Kolkata/UNI: Ola Electric Mobility Pvt Ltd (Ola Electric) today announced the appointment of BVR Subbu as a member of its Board of Directors.

Nita Ambani elected to board of Metropolitan Museum of Art

Nov 13, 2019, at 01:54 pm

Mumbai/UNI: Nita Ambani, educationist, philanthropist and wife of Reliance Industries Chairman Mukesh Ambani has been named an Honorary Trustee of The Metropolitan Museum of Art.

Kamdhenu Ltd records royalty income up 26% Y-o-Y at Rs. 48 crores

Nov 12, 2019, at 10:42 pm

Kolkata/IBNS: Kamdhenu Limited, an Indian manufacturer and seller of branded TMT Bars, has declared its Unaudited Financial Results for the Quarter and Half Year 30th September, 2019.

Bumper production in SS 2018-19 kept sugar prices under check, says CS Nopany of Aadh Sugar &Energy

Nov 12, 2019, at 08:55 pm

Kolkata/IBNS: Avadh Sugar & Energy Limited (ASEL), part of KK Birla Group of Sugar Companies, posted net loss of Rs 5.7 crore in the second quarter of FY 20 (ending September 30, 2019) compared to net loss of Rs 18.84 crore in the year ago quarter.

Magadh Sugar & Energy sees 336 per cent year on year growth in EBITDA in first half of FY2020

Nov 12, 2019, at 07:10 pm

Kolkata/IBNS: Part of KK Birla Group of Sugar Companies, Magadh Sugar & Energy Limited (MSEL), which released its audited financial results for the half year and quarter ended September 30, 2019, reported a net profit of Rs 1.77 crore at the end of the quarter compared to a net loss of Rs 13.90 crore in the year-ago quarter.

Tata Motors Group global wholesales at 89,108 in October 2019

Nov 12, 2019, at 05:21 pm

Mumbai/IBNS: Automobile major Tata Motors Group global wholesales in October 2019, including Jaguar Land Rover, were at 89,108 nos., lower by 19%, as compared to October 2019.

Hyundai Motor Group develops world's first road noise active noise control technology

Nov 12, 2019, at 05:18 pm

Seoul/IBNS: Hyundai Motor Group has announced the development of the world's first Road Noise Active Noise Control (RANC) system. The first-ever system dramatically reduces noise within the cabin of a vehicle.

Vikram Solar wins Best Employer Brand Award for Kolkata

Nov 11, 2019, at 10:42 pm

Kolkata/IBNS: Vikram Solar, module manufacturers and rooftop solar & EPC solutions provider, was conferred with Best Employer Brand Award for Kolkata for the year 2019, on Monday.

18th International FoodTech India to get underway in Kolkata on Nov 15

Nov 11, 2019, at 06:32 pm

Kolkata/IBNS: More than 150 companies and top brands from India and abroad representing the food processing and packaging, confectionery, bakery, dairy, hotel and allied services sectors will participate in the “Food Tech India 2019: Bakery Tech & Hotel Tech” International Exhibition from Nov 15 to 17 at the  Science City Exhibition Complex in Kolkata.

India's industrial production moves down by 4.3 percent in September

Nov 11, 2019, at 05:57 pm

New Delhi/IBNS: The industrial production, which is measured by the Index of Industrial Production (IIP), moved down 4.3 percent as compared to the level in the month of September 2018, unveiled the government data released on Monday.

Yes Bank moves up by 5.80 pc to Rs 73

Nov 11, 2019, at 05:55 pm

Mumbai, Nov 11 (UNI) Yes Bank on Monday surged by 5.80 pc to Rs 73 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).

PayNearby launches micro ATM

Nov 11, 2019, at 05:53 pm

New Delhi, Nov 11 (UNI) The hyperlocal fintech network builder PayNearby has launched its own network of Micro ATMs and tied up with National Payments Corporation of India (NPCI) and Equitas Small Finance Bank for this initiative.

Indian Market: Sensex ends positive at 40,345.08, up 21.47 pts

Nov 11, 2019, at 05:49 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchagne (BSE) on Monday rose marginally by 21.47 points to 40,345.08 following gains in Finance, Industrials, Telecom, Bankex and Oil and Gas stocks.

Indian Rupee ends negative at 71.46, 3-week-low

Nov 11, 2019, at 05:41 pm

Mumbai/UNI: The Rupee on Monday lost another seventeen paise to 71.46, three-week-low on brisk demand for US Dollars by bankers and importers, dealers at the Forex Market said.

Hong Kong stocks close 2.62 pct lower

Nov 11, 2019, at 05:26 pm

Hong Kong City/ Xinhua/UNI: Hong Kong stocks closed down 724.59 points, or 2.62 percent, to 26,926.55 points on Monday.

Bajaj Auto showcases all new Chetak in Goa

Nov 09, 2019, at 08:20 pm

Panaji/UNI: Bajaj Auto, an Indian global two-wheeler company, presented all new Chetak in an electric avatar in the city on Friday.

Piyush Goyal to participate in 9th BRICS Trade Ministers Meet in Brasilia

Nov 09, 2019, at 04:48 pm

New Delhi/IBNS: Commerce and Industry and Railway Minister, Piyush Goyal, will be on tour to Brazil and United States from Nov 9 – 14, officials said.

State Bank of India reduces MCLR by 5 bps across all tenors

Nov 08, 2019, at 06:30 pm

New Delhi/UNI: Country’s largest lender State Bank of India (SBI) on Friday announced the reduction in its MCLR by 5 bps across all tenors.

Century Plyboards’s Q2 results for Financial Year 2019-20 declared 

Nov 08, 2019, at 06:26 pm

New Delhi/UNI: India’s leading plywood company, Century Plyboards(I) Ltd., today announced its results for the second quarter of FY 19-20, registering profit after tax for the quarter ending September 30, 2019, at Rs. 52.15 crore, thereby showing an increase of 38 per cent over corresponding period of last financial year (Rs. 37.81 crore).

Tata Steel partners with Tata Motors to introduce Tigor EVs for employee transportation in Jamshedpur

Nov 08, 2019, at 06:21 pm

Jamshedpur/IBNS: As part of its Go-Green initiative, Tata Steel has taken the lead to introduce a fleet of electric vehicles for its employee transportation in Jamshedpur.

RBL Bank’s 75,000 sq.ft. Office gets Platinum IGBC GREEN Certification

Nov 08, 2019, at 06:20 pm

Mumbai/IBNS: RBL Bank said its new office spread over 75,000 sq. ft has received Platinum - Indian Green Building Council (IGBC) Green Interiors certification.

GRSE lays the keel of the first large survey vessel

Nov 08, 2019, at 06:14 pm

Kolkata: Garden Reach Shipbuilders and Engineers Ltd., (GRSE), Kolkata at their Main Works here laid the keel of the first  Survey Vessel (Large) (Yard 3025).