Survey on dot in identifying farm sector, education and job creation as key priority areas: ASSOCHAM President

Jan 29, 2018, at 11:46 pm

New Delhi, Jan 29 (IBNS): Economic Survey for 2017-18 has brought out areas of concern such as rising non-performing assets of the public sector banks and has underlined the need, rightly so, for putting maximum emphasis on creating new jobs, agriculture and education, said ASSOCHAM President Sandeep Jajodia.

Ascon Infrastructure (India) Ltd announces their Ascon Irika and Ascon Era

Jan 29, 2018, at 10:21 pm

New Delhi, Jan 27 (IBNS):  Ascon Infrastructure (India) Ltd has announced two new projects- Ascon Irika at Hatiara (Project cost Rs 100 Crores appx) and Ascon Era at Gopalpur (Project cost Rs. 125  Crores appx).

The Indian market posted fresh closing high on Monday

Jan 29, 2018, at 10:00 pm

Mumbai, Jan 29 (IBNS): The Indian market closed at fresh high on Monday even though it erased much of its gain during the closing hour, according to reports.

Economic Survey presented : GDP to grow 7-7.5 per cent in 2018-19

Jan 29, 2018, at 06:57 pm

New Delhi, Jan 29 (IBNS) : The government on Monday tabled in Parliament the Economic Survey of India which projected GDP growth between  7 and 7.5 per cent in  2018-19, reports said.

Bridging gap between relief and development can meet immediate needs, lessen vulnerability – UN chief

Jan 29, 2018, at 03:33 pm

New York, Jan 29 (JEN): A surge in conflict-induced needs in Africa and the Middle East, coupled with an increase in climate shocks that pummel the most vulnerable everywhere, have given fresh urgency to calls for the international community to work in a new way that not only ends humanitarian needs but reduces them over time, United Nations Secretary-GeneralAntónio Guterres said Sunday.

Budget expectations: Increase tax exemption to incentivise first-time home buyers, suggests Ascon Infra Chairman Laxman Jaiswal

Jan 27, 2018, at 10:57 pm

Kolkata, Jan 27 (IBNS): With the Union Budget 2018 round the corner, expectations of the common people as well as the business houses and industries are mounting everyday.

China’s smartphone market suffers first ever annual decline as shipments fall 4% in 2017: Canalys

Jan 27, 2018, at 12:21 am

Beijing, Jan 26 (IBNS): The growth story of the world’s largest smartphone market, China, came to an end as it suffered its first-ever annual decline, with shipments down by 4% from 2016 to 459 million units in 2017. 

MORTH and IL&FS sign MoU for construction of all weather Zojila tunnel in J&K

Jan 25, 2018, at 09:12 pm

New Delhi, Jan 25 (IBNS): National Highways and Infrastructure Development Corporation (NHIDCL) under the Ministry of Road Transport & Highways, and IL&FS Transportation Networks Ltd signed a Memorandum of Understanding (MoU) for construction of the 14.150  km long,  two-lane bi-directional Zojila Tunnel in Jammu & Kashmir.

ICAI holds Annual Convocation ceremony all across the country

Jan 25, 2018, at 05:40 pm

Kolkata, Jan 25 (IBNS) The Institute of Chartered Accountants of India (ICAI) organised its annual convocation on Wednesday to award certificates of membership to over 650 new members and facilitate 04 rank holders of the recent CA examinations at G D Birla Sabhaghar, Kolkata.

Indian benchmark indices close flat on Wednesday

Jan 24, 2018, at 09:48 pm

Mumbai, Jan 24 (IBNS): The Indian market drew to a lacklustre close on Wednesday, with BSE Sensex up 15.75 points at 36155.73and NSE Nifty up 2.30 points at 11086.00.

Sri Lanka and Singapore sign Free Trade Agreement

Jan 24, 2018, at 08:19 pm

Colombo, Jan 24 (IBNS): Sri Lanka has signed its first-ever comprehensive Free-Trade Agreement (FTA) with Singapore to establish itself as an economic hub in the Indian Ocean.

Ideas on how to handle difficult customers

Jan 24, 2018, at 05:45 am

World Economic Forum to set up centre in Mumbai

Jan 24, 2018, at 04:01 am

Mumbai, Jan 23 (IBNS): The World Economic Forum on Tuesday announced an establishment of a new centre in Mumbai, India, in partnership with Reliance Industries.

Samsung announces deals for 500 top corporates in India

Jan 24, 2018, at 01:20 am

New Delhi, Jan 23 (IBNS): Samsung India, a smartphone and consumer electronics brand, has announced a special sale for over two million corporate employees from 500 plus top companies in a unique corporate tie-up under the Samsung Corporate Privilege Program.

Xiaomi introduces smart delivery option on Mi.com, in partnership with Smartbox

Jan 24, 2018, at 12:05 am

Bangalore, Jan 23 (IBNS): Smartphone brand Xiaomi announced that it will offer a new smart delivery option, powered by Smartbox, on its own ecommerce platform starting on Tuesday.

Datsun launches the best priced AMT model in India

Jan 23, 2018, at 10:23 pm

New Delhi, Jan 23 (IBNS): Automobile major Datsun India on Tuesday has announced the start of sales of Datsun redi-GO Smart Drive Auto at an introductory price of INR 3,80,600. Deliveries to new customers will begin from today across India.

The Indian market sees benchmarks soar to new heights on Tuesday

Jan 23, 2018, at 10:05 pm

Mumbai, Jan 23 (IBNS): The Indian market scored a couple of records on Tuesday with the NSE Nifty crossing the 11,000 mark for the first time ever and the BSE Sensex hitting the psychological 36,000 mark, according to media reports. 

Titan Eyeplus launches it first boutique store at Park Street in Kolkata

Jan 23, 2018, at 09:16 pm

Kolkata, Jan 23 (IBNS): Titan Eyeplus, an optical retail chain from Titan Company Limited, inaugurated its first boutique eyewear store in Kolkata, West Bengal.

IMF forecasts 7.4 pct growth for India in FY19

Jan 23, 2018, at 03:02 pm

New Delhi, Jan 23 (IBNS): Giving positive report, the International Monetary Fund (IMF) on Monday forecast that India will grow at 7.4% in FY19.

Unemployment to remain high, quality jobs harder to find in 2018 – UN labour agency

Jan 23, 2018, at 02:06 pm

New York, Jan 23 (JEN): While the global economy has kept up modest growth, the total number of unemployed people will likely remain high in 2018 – at above 192 million – and it will be harder to find a decent job, the United Nations labour agency reported on Monday.

Infosys partners with A.S. Watson Group for Technology and digital transformation initiatives

Jan 23, 2018, at 02:53 am

Hong Kong, Jan 22 (IBNS): Software major Infosys, on Monday announced a strategic partnership with the A.S. Watson Group (ASW), the world’s largest international health and beauty retailer, to accelerate ASW’s digital transformation initiatives. 

Ashok Leyland launches the ‘DOST+’ with 2.75 Ton GVW to address the upper end of the SCV Segment

Jan 23, 2018, at 02:52 am

Kolkata, Jan 22 (IBNS): Ashok Leyland, flagship of the Hinduja Group, and one of the largest commercial vehicle manufacturers in India, on Monday launched the ‘DOST+’ – the new Light Commercial Vehicle (LCV) in Kolkata.

Nissan India launches F1 (Fix It Right First Time) Solution

Jan 23, 2018, at 02:50 am

Kolkata, Jan 22 (IBNS): Automobile major Nissan India on Monday launched a comprehensive and robust service solution – F1 (Fix It Right First Time) aimed at enhancing customer ownership experience.  Launched during the 8th edition of ‘Happy with Nissan’ – an after sales campaign, F1 Solution (Fix it Right First time) aims to address and solve all vehicle concerns and customer queries in the first attempt.

Study forecasts gross NPAs to rise to Rs 9.5 lakh crore by March ’18

Jan 22, 2018, at 11:15 pm

Mumbai, Jan 22 (IBNS): With Indian banking sector currently under stress, gross NPAs are expected to rise from March 2017 level of Rs 8 lakh crore to Rs 9.5 lakh crore as on March 31, 2018 i.e. about 10.5 per cent of total advances, while stressed assets are expected to be at Rs 11.5 lakh crore, noted a just-concluded ASSOCHAM-Crisil joint study.

Indian market closes on fresh record high on Monday

Jan 22, 2018, at 09:58 pm

Mumbai, Jan 22 (IBNS): Indian benchmark indices ended at fresh record closing high on Monday with BSE Sensex up 286.43 points at 35,798.01 and NSE Nifty up 71.50 points at 10,966.20.

Italian firm Italcertifer offers high level safety service in Metro and Mono Rail projects at Bengal business summit

Jan 22, 2018, at 05:14 pm

Kolkata, Jan 22 (IBNS)  The recently concluded  Bengal Global Business Summit' (BGBS) 2018 brought in a lot of participation from business houses globally with Italy showing a big interest in doing business here.

Guwahati city to deck up prior to Global Investors’ Summit

Jan 22, 2018, at 03:22 am

Guwahati, Jan 21 (IBNS) : In a bid to make the first ever Global Investors’ Summit to be held at Guwahati on Feb 3 and 4 successful, Assam Chief Minister Sarbananda Sonowal asked all the officers and other agencies directly or indirectly associated with organising the summit to gear up and make all possible efforts.           

India loses 4% of GDP to mal-nutrition; ASSOCHAM-EY Paper to FM Jaitley in run up to Budget

Jan 22, 2018, at 12:23 am

New Delhi, Jan 21 (IBNS): As Finance Minister Mr Arun Jaitley is busy giving final touches to the Union Budget for 2018-19, an ASSOCHAM-EY joint paper has said that nearly 4 per cent of India’s GDP is estimated to have been lost due to mal-nutrition and certainly women and children deserve a better deal in expenditure outlay, since the country hosts 50 per cent of under-nourished children of the world and women and girl children fall last in the household food serving.

Government of India enters into an agreement with ONGC today for the Strategic Sale of its 51.11% equity share-holding in HPCL

Jan 21, 2018, at 02:08 am

New Delhi, Jan 20 (IBNS): The Government of India on Saturday said it has entered into an agreement with ONGC today for the strategic sale of its 51.11% equity share-holding in HPCL at a consideration of Rs. 36,915 crore.

Speedo launches its first store in Kolkata at Forum Courtyard mall

Jan 20, 2018, at 01:34 am

Kolkata, Jan 19 (IBNS): Speedo, the world’s leading swimwear brand, launched its first exclusive store, in Kolkata, at Forum Courtyard Mall.