BSE Sensex closes above psychological 33,000-mark for the first time

Oct 25, 2017, at 10:04 pm

Mumbai, Oct 25 (IBNS): Share prices of road sector companies took a leap during early hours of trade on Wednesday following the news that the Union government has approved road building projects worth Rs. 7 lakh crore, including the ambitious Bharatmala programme launched by Narendra Modi's Government, according to media reports.

GPF and other similar funds to carry interest at the rate of 7.8 per cent

Oct 25, 2017, at 06:10 pm

New Delhi, Oct 25 (IBNS): The Union Ministry of Finance announced on Wednesday the interest rate for the General Provident Fund and other similar funds for the October-December period of the current financial year.

Fundamentals of the Indian economy is strong: Jaitley

Oct 24, 2017, at 10:39 pm

Mumbai, Oct 24 (IBNS): Union Finance Minister Arun Jaitley on Tuesday said the fundamentals of the Indian economy is strong.

Infosys records Q2 net at Rs 3,726 crore

Oct 24, 2017, at 10:31 pm

Mumbai, Oct 24 (IBNS): Technological giant Infosys on Tuesday announced that it has recorded a net profit of Rs. 3,726 crore for the July-September quarter.

Indian benchmark indices end higher on Tuesday

Oct 24, 2017, at 09:41 pm

Mumbai, Oct 24 (IBNS): The Indian market ended higher on Tuesday, with BSE Sensex up 100.62 points at 32,607.34 and NSE Nifty up 22.80 points at 10,207.70.

Up to half of milk, fruits & veggies produced in India goes waste due to poor cold chain infra: Study

Oct 24, 2017, at 09:07 pm

New Delhi, Oct 24 (IBNS): Despite India being world’s largest producer for milk and second largest producer of fruits and vegetables, about 40 to 50 per cent of the total production valued of $440 billion (bn) ends up wasting, noted a recent ASSOCHAM-MRSS India study.

GST, demonetisation may impact Indian wedding market growth: ASSOCHAM

Oct 24, 2017, at 09:01 pm

New Delhi, Oct 24 (IBNS): The upcoming wedding season starting in November may be impacted by 10-15 per cent particularly wedding services like marriage garden/marriage hall booking, tent booking, confectionery services, photography and more, reveals by industry chamber ASSOCHAM.

Govt waives penalty for late filing of GST returns in Aug and Sep

Oct 24, 2017, at 07:12 pm

New Delhi, Oct 24 (IBNS): The Central government has waived off penalty on delayed filing of initial Goods and Services Tax (GST) returns for months of August and September.

Indian benchmark indices end higher on Monday

Oct 23, 2017, at 09:53 pm

Mumbai, Oct 23 (IBNS): The Indian market rebounded on Monday with BSE Sensex up 116.76 points at 32,506.72 and NSE Nifty up 38.40 points at 10,184.90.

India’s first Pradhan Mantri Kaushal Kendra for Skilling in Smart Cities launched

Oct 23, 2017, at 09:08 pm

New Delhi, Oct 23 (IBNS): India's first Pradhan Mantri Kaushal Kendra (PMKK) for Skilling in Smart Cities though collaborative efforts was inaugurated in New Delhi, the Union Ministry of Skill Development and Entrepreneurship announced on Monday.

Linking Aadhaar number to bank accounts mandatory: RBI

Oct 22, 2017, at 01:32 am

Mumbai, Oct 21 (IBNS): The Reserve Bank of India on Saturday clarified that linking Aadhaar number with bank accounts is mandatory for everyone.

Kushal Pal Singh of DLF tops the list of Grohe Hurun India Real Estate Rich List 2017

Oct 20, 2017, at 10:14 pm

New Delhi, Oct 20 (IBNS): Delhi based real estate industrialist Kushal Pal Singh (86) of DLF topped the Grohe Hurun India Real Estate Rich List 2017 (List), with a wealth of Rs 23,460 crore.

Corporate Affairs Ministry issues notification for commencement of Companies Act, 2013 rule related to Valuation by Registered Valuers

Oct 20, 2017, at 08:00 pm

New Delhi, Oct 20 (IBNS): Union Ministry of Corporate Affairs, in a release on Friday, said that it has issued notification for commencement of Section 247 of the Companies Act, 2013 [Valuation by Registered Valuers] with effect from October 18, 2017.

Digital Money and Digital Financial Services -- the way forward

Oct 19, 2017, at 09:13 pm

The 2016 Global Microscope Survey, showed India at number 3 among 55 countries for having extremely enabling conditions for financial inclusion. Financial inclusion is the key benefit of a digital economy. Digital technology breakthroughs are making digital technology all pervasive. The deep penetration of smart devices and internet mean accessibility for the remote villager. It is this capacity that private and public sector have worked together to exploit since 2009.

35-40% slashing in corporate gifts this Diwali: ASSOCHAM Survey

Oct 19, 2017, at 07:33 pm

New Delhi, Oct 19 (IBNS): In sync with the low-key festivities due to slowdown concerns and pressure on their balance-sheets, corporate India is going rather lukewarm in Diwali gifts this year to its associates, networked partners, employees and other key personalities, slashing the budget by at least 35-40 per cent under this head, an ASSOCHAM survey has noted.

Kotak Mahindra Bank partners Samsung India for Samsung Pay

Oct 18, 2017, at 10:54 pm

Kolkata, Oct 18 (IBNS): Kotak Mahindra Bank (Kotak) and Samsung India (Samsung) on Wednesday announced the expansion of Samsung Pay platform for Kotak’s Visa Credit and Debit card holders.

Louvre Abu Dhabi signs partnership with Etihad Airways

Oct 18, 2017, at 09:57 pm

Abu Dhabi, United Arab Emirates, Oct 18 (IBNS):- Louvre Abu Dhabi on Wednesday signed the first exclusive platinum partnership with Etihad Airways. The symbolic ceremony took place under the museum’s spectacular dome and its ‘Rain of Light’ effect.

Indian benchmark indices close lower on Wednesday, Muhurat Trading on Thursday

Oct 18, 2017, at 09:53 pm

Mumbai, Oct 18 (IBNS): The Indian market ended lower on Wednesday; however, NSE Nifty managed to hold on to its 10,000 mark.

Emirates celebrates the festive spirit of Diwali in Dubai

Oct 18, 2017, at 09:46 pm

Kolkata, Oct 18 (IBNS): Recognising the vital role of food in celebrations and traditions that bring people together, Emirates’ Cabin Crew surprised and delighted residents of all ages in the heart of Dubai, marking the start of Diwali.

Whatsapp introduces new feature - live location sharing

Oct 18, 2017, at 09:39 pm

Sacramento, Oct 18 (IBNS): Messaging app Whatsapp introduced a new feature, live location sharing, from Wednesday.

ICICI Bank organises two-day coin exchange mela in Panaji

Oct 18, 2017, at 09:33 pm

Panaji, Goa, Oct 18 (IBNS): ICICI Bank, a private sector bank, organised a two-day coin exchange mela in Panaji.

Tata Power becomes founding member of CII- Ethisphere South Asia BELA Chapter

Oct 18, 2017, at 04:24 am

Mumbai/ Kolkata, Oct 17 (IBNS): Tata Power on Tuesday announced that it has been inducted as a founding member of Confederation of Indian Industry’s (CII) - Ethisphere, USA, South Asia Business Ethics Leadership Alliance (BELA) Chapter.

Reformative measures like introduction of GST will improve economy: Vice President Naidu

Oct 17, 2017, at 11:44 pm

New Delhi, Oct 17 (IBNS): Vice President of India M. Venkaiah Naidu has said that reformative measures like the introduction of GST will improve the economy.

Jet Airways launches special Diwali offers to customers

Oct 17, 2017, at 08:28 pm

Mumbai, Oct 17 (IBNS): Jet Airways, India’s premier, full-service international airline, on Tuesday announced a special offer to celebrate Diwali with its guests.

Want to Earn Higher Returns than Banks? Try Investing in Company Fixed Deposits

Oct 17, 2017, at 05:39 pm

Fixed deposits in today’s day and age has become the most preferred investment option. Being a safe investment avenue, fixed deposit (FD) also have a higher rate of interest compared to a savings account. Although savings is a traditional method to park your hard earned money, it still does not prove to be that beneficial. Rather, the returns earned on a savings account are too less compared to fixed deposits as well as are gained late. This is why you should park your funds in a fixed deposit.

Tata Motors electric bus commences pilot-runs in Guwahati

Oct 17, 2017, at 01:08 am

Guwahati/ Kolkata, Oct 16 (IBNS): Tata Motors on Monday commenced trials of its 9 meters electric bus in Guwahati.

Airtel offers iPhone 7 at just Rs 7777

Oct 17, 2017, at 12:11 am

New Delhi/ India, Oct 16 (IBNS): Bharti Airtel, India’s largest telecom services provider, on Monday announced the launch of its latest digital innovation – the Online Store [www.airtel.in/onlinestore] that will offer a range of premium smartphones with affordable down payments, instant credit verification and financing, and bundled monthly plans.

Onida launches KY Super Thunder

Oct 16, 2017, at 11:42 pm

Mumbai, Oct 16 (IBNS): Onida the leading Indian consumer durable manufacturing company that has made a mark with their colour televisions for almost two decades has launched Onida KY Super thunder - a television set that redefines high-quality audio output.

Titan Eyeplus launches its new store at Saltlake in Kolkata

Oct 16, 2017, at 10:59 pm

Kolkata, Oct 16 (IBNS): Titan Eyeplus, India’s largest optical retail chain from Titan Company Limited, launches its brand-new store in Kolkata, West Bengal. Located at Unit no. CCSLE003A, City Centre Mall, DC Block, Saltlake, Kolkata - 700064, the new store aims at providing an enhanced shopping experience to customers.

Mia by Tanishq launches a brand-new store in Kolkata

Oct 16, 2017, at 10:56 pm

Kolkata,Oct 16 (IBNS): Mia by Tanishq, India’s most-trusted jewellery brand, continues its retail expansion in Kolkata and adds to the festive fervor with the inauguration of its newest store with a wide range of exquisite gold accessories on offer.