Sensex surges after exit polls predict huge win for Narendra Modi in Lok Sabha polls

May 20, 2019, at 10:37 am

Mumbai, May 20 (IBNS): The stock market surged on Monday after the exit polls predicted a second term for Narendra Modi-led Bharatiya Janata Party (BJP) in the country.

Indian petrol price cut by 6 to 7 p/l; diesel remains unchanged

May 18, 2019, at 03:38 pm

New Delhi, May 18 (UNI) Petrol prices declined by six to seven paise per litre on Saturday while diesel remained unchanged.

Amid rising complaints, TRAI to take subscriber feedback on new tariff regime

May 17, 2019, at 05:31 pm

New Delhi, May 17 (IBNS): Amid complaints received from consumers since the rolling out of the new tariff regime, the  Telecom Regulatory Authority of India (Trai) has decided to take feedback from customers to scrutinise cable and DTH operators, media reports said.

Indian Market: Sensex rises by 537.29 pts

May 17, 2019, at 05:26 pm

Mumbai, May 17 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Friday rose by 537.29 points to settle at 37,930.77 as fresh buying was seen in Auto, FMCG, Bankex Realty, Capital Goods and consumer durable stocks.

Panasonic expands its footprint in Karnataka

May 17, 2019, at 04:44 pm

Bengaluru, May 17 (UNI) Japanese home appliances major Panasonic, which also Manufactures electrical construction materials, housing, diverse electronics technologies and automotive space in India is betting big on its expansion plans in India as the sector had attracted highest investment by home owners and the market expected to grow expandantly.

Rupee down by 30 paise against US dollar

May 17, 2019, at 12:11 pm

Mumbai, May 17 (UNI): The Rupee on Friday tumbled down by 30 paise to 70.32 against the USD Dollar in early trade on rising demand for US Dollars by importers, dealers at the forex market said.

GVK BIO and LifeArc celebrates 10th anniversary of partnership

May 16, 2019, at 03:37 pm

Kolkata, May 16 (IBNS): Hyderabad-based GVK BIO, a leading global Contract Research and Development Organisation (CRDO), and LifeArc, one of UK’s top medical research charities,recently observed the 10th anniversary of their partnership.

Indian Market: Sensex down by 203.65 pts

May 15, 2019, at 06:12 pm

Mumbai, May 15 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Wednesday slipped by 203.65 points to settle at 37,114.88 as selling was witnessed in Power, Auto, Bankex and Telecom stocks amid weak global cues.

Ola & SBI Card launch India’s most rewarding Credit Card; target 10mn cards by 2022

May 15, 2019, at 05:12 pm

Kolkata, May 15 (IBNS): Ola, one of the world’s largest ride-hailing platforms, on Wednesday announced the launch of the Ola Money SBI Credit Card in partnership with SBI Card, one of India’s largest credit card issuers.

World Bank's $ 70 million loan to Sri Lanka to strengthen local authorities

May 14, 2019, at 08:33 pm

Colombo, May 14 (UNI): International Development Association (IDA) of the World Bank has provided a loan of $ 70 million to Sri Lanka to strengthen the services provided by local authorities to the people in several districts across the island, a statement from Sri Lanka's finance ministry said here Tuesday.

Paytm and Citi partner to launch Paytm first card

May 14, 2019, at 05:49 pm

Mumbai, May 14 (IBNS): Paytm First Card, India’s first card with 1% universal unlimited cashback, and no restrictions on earning categories, was launched on Tuesday. 

Indian Market: Sensex rebounds after 9-day fall, ends higher at 37,318.53 pts as

May 14, 2019, at 05:32 pm

Mumbai, May 14 (UNI) Breaking the losing spree of past nine sessions, the BSE Sensex bounced back on Tuesday by 227.71 points to end positive at 37,318.53 on the strength of gains in Bharti Airtel, VEDL, IndusInd Bank and SBI stocks as well as cooling off of the wholesale price index (WPI) in April.

GEECL profit moves up to $9.93 mln in FY19

May 14, 2019, at 04:44 pm

New Delhi, May 14 (UNI) The Great Eastern Energy Corporation (GEECL), leading Indian Coal Bed Methane (CBM) company, on Tuesday posted that its net profit rose to 9.93 million dollars for financial year 2018-19 (FY19) due to improved sales.

Tata Motors to supply Tigor EVs to Aaron Travels in Mumbai

May 14, 2019, at 09:05 am

Mumbai, May 13 (IBNS): Tata Motors on Tuesday announced the next milestone on its journey of driving electrification, through its partnership with Aaron Travels, to deploy Tigor Electric Vehicles (EVs) in Mumbai.

Indian Market: Sensex down by 372.17 pts

May 13, 2019, at 06:27 pm

Mumbai, May 13 (UNI) The BSE Sensex on Monday ended negative for the ninth straight session, tumbling down by 372.17 points at 37,090.82 on weak global cues.

Airtel partners with HDFC Life

May 13, 2019, at 05:56 pm

Kolkata, May 13 (IBNS): Bharti Airtel, an integrated providers of telecommunication services, and HDFC Life Insurance, a non-bank promoted private life insurer, have joined hands to leverage technology and the deep penetration of mobile services to build a financially secure India.

Tata Motors Group global wholesales at 79,923 in April 2019

May 13, 2019, at 05:54 pm

Mumbai, May 13 (IBNS): The Tata Motors Group on Monday said its global wholesales in April 2019, including Jaguar Land Rover, were at 79,923 nos., lower by 22%, over April 2018.   

Etihad Airways adopts new Boeing toolbox mobile library to enhance maintenance performance

May 13, 2019, at 05:46 pm

Abu Dhabi, United Arab Emirates, May 13 (IBNS) Etihad Airways, the national airline of the United Arab Emirates, has introduced Boeing’s Toolbox Mobile Library, an iPad mobile application, to enable its Technical Operations team to improve the efficiency of its maintenance engineers and technicians.      

ICICI Bank launches co-branded travel card with Goibibo

May 13, 2019, at 05:14 pm

Mumbai, May 13 (IBNS): Private sector bank ICICI Bank on Monday announced the launch of a co-branded multicurrency travel card with Goibibo, a leading online travel booking company, to offer convenience as well as monetary benefits to the burgeoning section of international travel enthusiasts of the country.

Sanjiv Puri appointed Chairman of ITC Limited

May 13, 2019, at 05:11 pm

Kolkata, May 13 (IBNS):  Sanjiv Puri, Managing Director of ITC, has also been appointed as the Chairman of the Company with effect from today as he stepped into the shoes of  YC Deveshwar (YCD) who passed away last Saturday.

Pennar Group bags orders worth Rs 311 crore

May 13, 2019, at 03:13 pm

Mumbai, May 13 (UNI) Pennar Group, a leading value-added engineering products and solutions company on Monday announced that it has bagged orders worth Rs 311 crores during the month of April 2019 across its various business verticals.

Saregama’s consolidated revenue crosses 600 cr

May 13, 2019, at 03:10 pm

Kolkata, May 13 (UNI) Saregama, India’s oldest music label and the youngest movie studio, has announced its financial results for the 4th Quarter ended March 31, 2019 and Financial Year 2018-19.

ITC Chairman YC Deveshwar dies, PM Modi mourns

May 11, 2019, at 06:17 pm

Mumbai, May 11 (IBNS): Ending an era in the paradigm of Indian business, ITC Group Chairman YC Deveshwar died on Saturday.

Volkswagen to recall 92,621 defective vehicles in China

May 11, 2019, at 04:54 pm

Beijing, May 11 (Xinhua/UNI) Volkswagen will recall 92,621 vehicles in the Chinese market due to defective gearbox control modules, according to China's market regulator.

Spice jet flight makes emergency landing in Nagpur

May 11, 2019, at 04:42 pm

Nagpur, May 11 (UNI) A SpiceJet flight (SG8720) from Bengaluru to Delhi carrying 153 passengers on-board made an emergency landing at Nagpur airport at 0130 hrs following a technical snag.

Petrol, diesel prices cut on Saturday

May 11, 2019, at 04:16 pm

New Delhi, May 11 (UNI) Fuel prices reduced on Saturday as petrol became cheaper by 48 to 50 paise per litre and diesel by 19-20 paise.

Etihad shows interest in buying Jet Airways

May 10, 2019, at 10:53 pm

New Delhi, May 10 (UNI): Saddled airline Jet Airways has got a potential buyer in Etihad Airways after the bidding process to sell the carrier ended on Friday.

Indian Market: Sensex slide continues on day 8, ends lower at 37,462.99 pts

May 10, 2019, at 06:15 pm

Mumbai, May 10 (UNI) The BSE Sensex fell for the eighth straight session on Friday and third consecutive week by 95.92 points to end volatile session on a negative note at 37,462.99 as investors remained wary of outcome of the US-China trade negotiations.

Indian Rupee falls by 13 paise against USD

May 10, 2019, at 04:16 pm

Mumbai, May 10 (UNI) The Rupee on Friday slipped further by 13 paise to 70.07 against the USD Dollar in early trade on rising demand for US Dollars by importers, dealers at Forex Mareket said.

TIMEX Group India Q4 net profit down by 32.46 pc to Rs 5.18 cr

May 10, 2019, at 04:10 pm

Mumbai, May 10(UNI)TIMEX Group India has reported a decline of 32.46 per cent in its net profit for the quarter ended March 31, 2019 at Rs 5.18 crores as against Rs.7.67 crores for the period quarter ended March 31, 2018.