Key Indian benchmark indices close flat on Friday

Jun 15, 2018, at 05:00 pm

Mumbai, Jun 15 (IBNS): The Indian market closed flat on Friday after key benchmark indices recovered late in the day. BSE Sensex rose 22.32 points at 35,622.14 and NSE Nifty was up 9.70 points at 10,817.70.

Tambo launches Superphone TA-3 in West Bengal

Jun 14, 2018, at 09:51 pm

Kolkata, Jun 14 (IBNS): Tambo Mobiles, a new entrant in India’s fast-growing mobile phone market, has announced the launch of its brand with flagship smartphone, TA-3 and 6 feature phones.

Planning on Visiting China or India? Get a VPN

Jun 13, 2018, at 08:12 pm

What is the first thing to take care of when planning your vacation in China or India? Pollution mask? Power adapters? Waterproof phone case? No! All of these won't be important if you don't take a VPN.

Tata Power renewables signs PPA with GE for 5MW solar projects

Jun 13, 2018, at 06:17 pm

New Delhi, June 13 (IBNS): Tata Power Renewable Energy (TPREL), India's largest renewable energy company and Tata Power's wholly-owned subsidiary, on Thursday said it has entered into a Power Purchase Agreement (PPA) with GE to provide solar rooftop solutions for six manufacturing and services sites in India.  

Suzuki Motorcycle India introduces Access 125 with Combined Braking System (CBS)

Jun 13, 2018, at 06:12 pm

Kolkata, June 13 (IBNS): Suzuki Motorcycle India Private Limited (SMIPL), a subsidiary of two-wheeler manufacturer, Suzuki Motor Corporation, Japan,on Wednesday introduced the new Access 125 with Combined Brake System (CBS).

India's industrial production in April touches 4.9 pct

Jun 12, 2018, at 07:47 pm

New Delhi, June 12 (IBNS): India's industrial production for the month of April touched  4.9 percent, as per government data released on Tuesday.

India's retail inflation in May inches close to 5 pct mark

Jun 12, 2018, at 07:25 pm

New Delhi, June 12 (IBNS): India's retail inflation rate has touched a four-month high of  4.87% in May, revealed a government data released on Tuesday.

JSW Cement inaugurates Railway siding for seamless connectivity at Salboni unit in West Bengal

Jun 12, 2018, at 04:59 pm

Salboni, June 12 (IBNS): JSW Cement,a part of the US$ 12 billion JSW Group, recently inaugurated a railway siding to cater to incoming and outgoing cargo of 2.4MTA cement manufacturing unit at Salboni in West Bengal. The 6.5 Kms railway siding will seamlessly connect the manufacturing unit to the main rail line between Godapiasal and Salboni.

Boosting connectivity between the two countries is the need of the hour, says Indonesia's ambassador to India

Jun 12, 2018, at 03:34 pm

Kolkata, Jun 12 (IBNS): As trading partners, India and Indonesia must engage in more exchange of ideas and investments as well as establish effective links between the two countries, said Indonesia's Ambassador to India, Sidharto Reza Suryodipuro, recently in Kolkata.

All new Volvo cars from 2019 will be hybrid or plug-in hybrid, says India head

Jun 12, 2018, at 01:26 am

Kolkata, June 12 (IBNS) : All new cars of Volvo from 2019 will be at least partially electric ones, said a top Swedish luxury carmaker official here recently.

DSP Black Rock Mutual Fund proposes to promote mutual fund link in Assam

Jun 11, 2018, at 08:06 pm

Guwahati, June 11 (IBNS): Since Prime Minister Modi took over in 2014, a lower CAD, controlled fiscal deficit, low inflation, stable / appreciating INR among other factors helped the Sensex rally ~50% and the small and mid-cap indices rally ~110% in INR terms.

Xiaomi launches Redmi Y2 in India

Jun 11, 2018, at 06:05 pm

Kolkata, June 11 (IBNS): Smartphone brand Xiaomi has announced Redmi Y2 in India, a new iteration of the Y series that is designed for the young at heart with its exceptional selfie experience.

Indian market closes on a subdued note on Monday

Jun 11, 2018, at 04:24 pm

Mumbai, Jun 11 (IBNS): The Indian market ended Monday on a quiet note with BSE Sensex up 39.80 points at 35,483 and NSE Nifty up 19.30 points at 10,787.

Kolkata: The Bengal Chamber wants MSMEs to be financially strong and look for new markets

Jun 09, 2018, at 01:21 pm

Kolkata, Jun 9 (IBNS): Keeping in mind that Micro, Small & Medium sized Enterprises (MSMEs) play a pivotal role in the economic progress of developing countries like India, the Bengal Chamber of Commerce and Industry (BCC&I) recently organized an 'Awareness Programme for the MSMEs' in Kolkata. 

Mumbai Metro One completes four years of service

Jun 08, 2018, at 08:43 pm

Mumbai, June 8 (IBNS): Reliance Infrastructure promoted Mumbai Metro One Private Limited (MMOPL), the lifeline between Mumbai’s Western and Eastern suburbs, on Friday completed four successful years of travel for over 400 million passengers.

Gains in major pharma stocks help the Indian market to close flat

Jun 08, 2018, at 04:25 pm

Mumbai, Jun 7 (IBNS): The Indian market closed flat on Friday after a volatile day of trading, with BSE Sensex managing to recoup some of the loss thanks to some good performance in the pharma sector, according to market reports.

Tata Motors Group global wholesales at 107,343 in May 2018

Jun 08, 2018, at 04:15 pm

Mumbai, June 8 (IBNS): Automobile giant Tata Motors Group on Friday said its global wholesales in May 2018, including Jaguar Land Rover, were at 107,343 nos., higher by 24%, over May 2017.

Infosys named a winner in HfS Research Industry Blueprint

Jun 08, 2018, at 04:14 pm

Kolkata / Bengaluru, June 8 (IBNS): Infosys BPM, the business process management subsidiary of Infosys, on Friday announced that it has been named a winner in the HfS Research Industry Blueprint: Banking & Financial Services (BFS) Operations Report 2018.

Uzbekistan woos foreign investors pitching new business climate

Jun 08, 2018, at 12:56 pm

New Delhi, June 8 (IBNS) Now the time is right to invest in Uzbekistan because the business climate is changing, the economy is gaining momentum, which makes doing business easier, the country's embassy in India said.

Kamdhenu Limited reports strong performance in FY18

Jun 08, 2018, at 12:38 pm

Kolkata, Jun 8 (IBNS): Kamdhenu Limited, a leading manufacturer and seller of branded TMT Bars, reported strong performance in FY18, with revenue growth of 43 per cent, according to a company release.

Temi Tea of Sikkim to represent Indian industry at Las Vegas World Tea Expo

Jun 08, 2018, at 10:38 am

Kolkata, June 08 (IBNS) The tea industry in India may be solely represented this year at Las Vegas World Tea Expo by the Temi Tea Estate of Sikkim.

Key Indian benchmark indices close higher on Thursday

Jun 07, 2018, at 04:28 pm

Mumbai: The Indian market closed higher on Thursday but were off the day's high with investors selling off towards the end of day.  All sectoral indices ended the day in positive territory.

World Bank approves Rs. 6,000 crore Atal Bhujal Yojana

Jun 06, 2018, at 06:26 pm

New Delhi, June 6 (IBNS): The World Bank has approved Atal Bhujal Yojana (ABHY), a Rs.6000 crore  Central Sector Scheme of the Ministry of Water Resources, River Development  and Ganga Rejuvenation.

Indian market closes on positive note on Wednesday

Jun 06, 2018, at 04:23 pm

Mumbai, Jun 6 (IBNS): The Indian market closed higher on Wednesday, with BSE Sensex is up 275.67 points at 35178.88 and NSE Nifty up 91.50 points at 10684.70.

MPC reiterates its commitment to achieve medium-term target for headline inflation of 4 per cent

Jun 06, 2018, at 03:50 pm

Mumbai, Jun 6 (IBNS): The Reserve Bank of India, on Wednesday, announced that on the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) decided to increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.25 per cent.

RBI hikes repo rate by 25 bps, first time in four and half years

Jun 06, 2018, at 03:28 pm

Mumbai, Jun 6 (IBNS): The monetary policy committee (MPC) of the Reserve Bank of India (RBI), headed by Governor Urjit Patel, on Wednesday, decided to hike the repo rate by 25 basis points, according to its Second Bi-monthly Monetary Policy Statement.

Centre appointed group to study India's SEZ Policy, Baba Kalyani to head team

Jun 06, 2018, at 03:09 pm

New Delhi, Jun 6 (IBNS): The Union Ministry of Commerce & Industry announced on Wednesday that the Central government has constituted a group of eminent persons to study the Special Economic Zones (SEZ) Policy of India.

World Bank approves Atal Bhujal Yojana, to assist the Central sector scheme

Jun 06, 2018, at 02:49 pm

New Delhi, Jun 6 (IBNS): The Union Ministry of Water Resources, River Development and Ganga Rejuvenation, on Wednesday, said that the World Bank has approved Atal Bhujal Yojana (ABHY), a Rs.6,000 crore Central Sector Scheme of the Ministry.

Hindustan Copper Limited sales volume in 2017-18 best in seven years, the PSU to venture into copper exploration: Officials

Jun 05, 2018, at 05:45 pm

Kolkata, June 5 (IBNS): Hindustan Copper Limited (HCL) has achieved a record sales volume of 36435 tonnes of copper in 2017-18 which was the best in seven years for the PSU.

Etihad Airways Paris flights to go all-Airbus A380

Jun 05, 2018, at 05:42 pm

Abu Dhabi, United Arab Emirates, June 5 (IBNS): Effective from Oct 1, aviation major Etihad Airways will operate the Airbus A380 on its second daily service linking Abu Dhabi and Paris Charles de Gaulle.