Arun Jaitely leaves tonight on a two day official visit to the Kingdom of Saudi Arabia
Feb 18, 2018, at 12:56 am
New Delhi, Feb 17 (IBNS): Union Minister of Finance and Corporate Affairs Arun Jaitely will be leaving tonight on a two-day official visit to the Kingdom of Saudi Arabia to co-chair the 12th India-Saudi Arabia Joint Commission Meeting (JCM) on Feb 18 and 19.
Etihad honours record breaking executive
Feb 16, 2018, at 10:17 pm
Abu Dhabi, UAE, Feb 16 (IBNS): Etihad Airways, the national airline of the United Arab Emirates, has honoured its high flying executive Andrew Fisher following his record-breaking feat of travelling around the globe in the fastest time and in the fewest number of flights.
Indian benchmark indices end negative on Friday but manage to stay off the day's low
Feb 16, 2018, at 09:59 pm
Mumbai, Feb 16 (IBNS): Indian benchmark indices ended on negative note on Friday but managed to claw back from the day's low, according to media reports.
Comprehensive action plan needed to drive EV uptake: ASSOCHAM-Nomura Research paper
Feb 16, 2018, at 09:31 pm
New Delhi, Feb 16 (IBNS): Conducive policy environment for market creation, technology development and setting up of a vibrant manufacturing ecosystem for electric vehicles can drive electric mobility in India, noted a recent ASSOCHAM-Nomura Research Institute (NRI) joint study.
TCS wins global Top Employer award for the third consecutive year
Feb 16, 2018, at 07:23 pm
Mumbai, Feb 16 (IBNS): Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, announced on Friday that it has been recognized as one of world’s best employers by the Top Employer Institute for the third year running.
WPI index eases to 6-month low of 2.84 pct in January
Feb 16, 2018, at 12:52 am
New Delhi, Feb 15 (IBNS): In a major development, India's wholesale inflation eased for the second consecutive month, growing at 2.84 percent in January, official government data released on Thursday said.
Feb 16, 2018, at 12:42 am
New Delhi, Feb 15 (IBNS): Prime Minister has set a target to double farmers' income by 2022 and the Ministry is constantly working to achieve this goal.
Feb 16, 2018, at 12:37 am
New Delhi, Feb 15 (IBNS): Small and marginal farmers, who are unable to meet agriculture expenditure, can switch to organic farming as it is cost-effective and profitable.
Real Estate Sector a boon for affordable housing: Laxman Jaiswal
Feb 15, 2018, at 10:52 pm
Kolkata, Feb 14 (IBNS): The Union Budget 2018 is a balanced one with focus on affordable housing; but, without any direct impact on the sector, feels Laxman Jaiswal, Chairman & Managing Director,Ascon Infrastructure (India) Ltd.
ITDC posts Rs. 18.30 crore profit in third quarter ending December
Feb 15, 2018, at 10:20 pm
New Delhi, Feb 15 (IBNS): India Tourism Development Corporation (ITDC) Ltd, a public sector undertaking under the Union Ministry of Tourism, posted its third quarter results for the year financial year 2017-18 on Thursday.
Indian benchmark indices close positive on Thursday but off the day's high
Feb 15, 2018, at 09:56 pm
Mumbai, Feb 15 (IBNS): Although the alleged PNB-Nirav Modi scam rocked the market on Thursday too, Indian benchmarks closed positive but off the day's high according to media reports.
Ratan Tata refutes Israeli media claim that he had discussions with Arnon Milchan
Feb 15, 2018, at 09:04 pm
Mumbai, Feb 15 (IBNS): Indian industrialist RatanTata reiterated on Thursday that the reports in the media, mainly the Israeli media, of a “partnership with Mr. Arnon Milchan” and the claim of “a huge profit” are both factually incorrect and appear to be motivated.
Ride sharing company Ola launches ‘Auto Unnati’
Feb 15, 2018, at 08:23 pm
Kolkata, Feb 15 (IBNS): Ola, India’s leading and one of the world’s largest ride-sharing companies, today launched ‘Auto Unnati’- a comprehensive benefit program for its Auto driver partners.
L&T Construction wins orders valued Rs. 1,585 crore
Feb 15, 2018, at 08:19 pm
New Delhi, Feb 15 (IBNS): The construction arm of Larsen & Toubro has won orders worth Rs. 1,585 crore across various business segments.
Jet Airways declares its 11th consecutive profitable quarter
Feb 15, 2018, at 12:48 am
Mumbai, Feb 14 (IBNS): Jet Airways Group reported its 11th successive profitable quarter with a net profit of INR 186 crores for the third quarter of FY18 against a net profit of INR 299 cr. for Q3 FY17 (which included a profit of INR 327 cr. on account of sale and leaseback of aircraft).
BHEL wins Rs. 560 crore order for emission control equipment from NTPC
Feb 14, 2018, at 09:47 pm
New Delhi, Feb 14 (IBNS): Bharat Heavy Electricals Limited (BHEL) on Wednesday said it has bagged a major order, valued at Rs. 560 Crore, for supply and installation of the Flue Gas Desulphurization (FGD) system from NTPC for 2x490 MW National Capital Power Station (NCPS) at Dadri in Uttar Pradesh.
Indian benchmark indices close lower on Wednesday , PNB in trouble
Feb 14, 2018, at 09:35 pm
Mumbai, Feb 14 (IBNS): The Indian market closed lower on Wednesday with BSE Sensex down 144.52 points at 34,155.95 and NSE Nifty down 38.90 points to 10,500.90.
PNB detects fraudulent transactions in Mumbai branch, share price tumbles
Feb 14, 2018, at 08:52 pm
Mumbai, Feb 14 (IBNS): Share price of Punjab National Bank (PNB) tumbled on Wednesday afternoon following media reports that the lender has detected fraudulent transactions worth Rs 11,300 crore in one of its Mumbai branch.
Alcove Realty inaugurates township 'New Kolkata'
Feb 14, 2018, at 06:59 pm
Kolkata, Feb 14 (IBNS): Alcove Realty, East India’s real-estate developers, has recently inaugurated township ‘New Kolkata’ along the Ganges.
Ola starts trials in Perth with free rides for customers
Feb 14, 2018, at 03:39 pm
Perth, Feb 14 (IBNS): Ola, a ride-sharing platform, is now available on a limited basis to customers in Perth.
Facebook app to be made available on JioPhone
Feb 14, 2018, at 03:38 am
Mumbai, Feb 13 (IBNS): Starting from Wednesday, Facebook will be available on the JioPhone, India ka smartphone.
Volvo Cars named as one of the world’s most ethical companies in 2018
Feb 14, 2018, at 12:22 am
Kolkata, Feb 13 (IBNS): Volvo Cars, the premium car maker, has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a 2018 World’s Most Ethical Company.
Skill India enters into an agreement with IBM India Pvt. Ltd
Feb 13, 2018, at 09:59 pm
New Delhi, Feb 13 (IBNS): With an objective to create awareness and expertise in the field of IT, Networking and Cloud Computing, Directorate General of Training, Ministry of Skill Development & Entrepreneurship (MSDE) inked an agreement with IBM India Private Limited at MSDE office, New Delhi.
ICICI Lombard signs distribution tie-up pact with RBL Bank
Feb 13, 2018, at 05:17 am
Mumbai, Feb 12 (IBNS): ICICI Lombard General Insurance Ltd., a private sector general insurance company, and RBL Bank have entered into a Corporate Agency Tie-up agreement.
Tata Power Skill Development Institute trains 13,527 people in FY18
Feb 13, 2018, at 04:12 am
Mumbai/ Kolkata, Feb 12 (IBNS): Tata Power, an integrated power company, through its skill development endeavor, TPSDI (Tata Power Skill Development Institute) has trained 13,527 people in FY18, thereby enhancing their employability prospect, a company statement claimed.
Feb 13, 2018, at 01:58 am
Mumbai, Feb 12 (IBNS): In an integration of accounting and banking, Zoho, an Indian software products company, is partnering with ICICI Bank, a private sector bank by consolidated assets, to deliver a "streamlined digital banking experience to customers" using Zoho's cloud accounting software, 'Zoho Books'.
Foodpanda to invest INR 400 Cr in further strengthening its delivery network
Feb 12, 2018, at 11:55 pm
Kolkata, Feb 12 (IBNS): Foodpanda, India’s leading online marketplace for food delivery, on Monday announced its plans to invest INR 400 crores in the country.
India' retail inflation eases to 5.07 pct in January
Feb 12, 2018, at 11:52 pm
New Delhi, Feb 12 (IBNS): India’s retail inflation eased to 5.07 percent in January, official data released by the Indian government on Monday revealed.
India's factory output growth slows down to 7.1 percent in December
Feb 12, 2018, at 11:43 pm
New Delhi, Feb 12 (IBNS): After touching 25-month high of 8.4 percent in November, India's industrial output growth slowed down to 7.1 percent in November, official data released on Monday said.
Airtel and Hotstar announce strategic partnership
Feb 12, 2018, at 11:28 pm
New Delhi, Feb 12 (IBNS): Bharti Airtel, India’s largest telecommunications services provider, and Hotstar, India’s largest premium streaming platform today announced a strategic partnership to bring exciting digital content from Hotstar’s portfolio to Airtel customers.