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Ghulam Nabi Azad quits J&K Congress' Committee hours after being appointed its chairman | MK Stalin's DMK approaches Supreme Court challenging definition of freebies | In embarrassment for Basavaraj Bommai, Karnataka minister says 'we're managing govt, not running it' | Delhi sees rise in hospitalisations after Covid spike, 8-10 deaths daily | Policemen, civilian injured in two separate grenade attacks in Kashmir | Nitish Kumar to expand Cabinet tomorrow | Prohibitory orders in Karnataka's Shivamogga after clashes over Savarkar poster | PM Modi renews call to fight corruption, familism on 75th Independence Year amid ED heat on Opposition | India will fuel Techade: PM Modi on I-Day | PM Modi pushes for renewables, natural farming in I-Day speech

Reliance Jio launches new plans, introduces Rs. 399 pack

Jul 12, 2017, at 01:05 am

Mumbai, July 11 (IBNS): Reliance Jio Infocomm Limited on Tuesday announced new plans for prepaid and postpaid users.

Essar Steel India records 29% Q-o-Q growth in flat steel production in Q1 FY 2017-18

Jul 11, 2017, at 10:38 pm

Mumbai, July 11 (IBNS): Essar Steel India Limited (EStIL) has achieved a run rate of 83% of capacity and recorded a significant 29% quarter-on-quarter growth in flat steel production in the first quarter of the current fiscal.

Indian market ended higher on Tuesday

Jul 11, 2017, at 10:36 pm

Mumbai, Jul 11 (IBNS): The Indian equity market closed higher on Tuesday with BSE Sensex was up 31.45 points at 31,747.09 and NSE Nifty was up 15 points at 9,786.05.

Tata Motors enhances business opportunities for its customer with new XL range of Small Commercial Cargo Vehicles in India

Jul 11, 2017, at 10:07 pm

Mumbai/Kolkata, July 11 (IBNS): Tata Motors, India’s largest commercial vehicle manufacturer, on Tuesday extended its highly successful and segment leading Ace family of vehicles by the introduction of the new XL range of small commercial cargo vehicles.

Tata Steel signs definitive agreement with Liberty House Group for the sale of its Hartlepool SAW pipe mills

Jul 11, 2017, at 10:00 pm

New Delhi, July 11 (IBNS): Tata Steel UK on Tuesday announced it has signed a definitive sale agreement to sell its 42- and 84-inch pipe mills in Hartlepool to Liberty House Group.

Dismantling check posts, post- GST save 24-36 hrs trucking time on trunk routes: ASSOCHAM

Jul 11, 2017, at 09:58 pm

New Delhi, July 11 (IBNS): Notwithstanding some teething troubles, the GST is saving trucking time on trunk routes, connecting top cities, between 24-36 hours besides saving the fleet owners Rs 5,000 -7,500 per trip by way of corruption at the octroi and sales tax/VAT check posts which have since been dismantled by most of the states, an ASSOCHAM quick check has noted.

CBEC issues clarification regarding GST for restaurants

Jul 11, 2017, at 07:27 pm

New Delhi, Jul 11 (IBNS): The Central Board of Excise & Customs under the Union Finance Ministry and responsible for administering indirect taxes in India, issued a clarification on Tuesday regarding Goods and Services Tax (GST) for restaurants.

Bajaj Finance Limited appoints Anup Saha as President, Consumer Business

Jul 11, 2017, at 12:18 am

New Delhi, July 10 (IBNS): Pune: Bajaj Finance Ltd, a financial services company in India, on Monday announced the appointment of Anup Saha as President – Consumer Business.

Datsun India opens pre-bookings for the redi-GO 1.0L

Jul 11, 2017, at 12:15 am

New Delhi, July 10 (IBNS):Datsun India on Monday announced the start of pre-launch bookings for the highly-anticipated Datsun redi-GO 1.0L from July 11.

FM launches a new tax payer service module ‘Aaykar Setu’

Jul 11, 2017, at 12:05 am

New Delhi, July 10 (IBNS): A new tax payer service module ‘Aaykar Setu’, was launched here today by Union Finance Minister Arun Jaitley.

Taj Hotels receives GALLUP Great Workplace Award 2017

Jul 10, 2017, at 10:29 pm

Mumbai/Kolkata, July 10 (IBNS): Taj Hotels Palaces Resorts Safaris has received the prestigious GALLUP Great Workplace Award 2017.

Indian market closes positive on Monday, NSE hit by technical glitch during day

Jul 10, 2017, at 10:06 pm

Mumbai, Jul 10 (IBNS): The Indian market opened the week with on positive note with NSE Nifty closing on record high on Monday, according to media reports.

Ginger Hotels launches a new hotel in Gurugram

Jul 10, 2017, at 09:51 pm

Gurugram / Kolkata, July 10 (IBNS): Ginger Hotels, the pioneering budget hotel chain from the house of TATA, on Monday announced the launch of its seventh hotel in Delhi NCR; Ginger Hotel Gurugram (Gurgaon).

Tata Steel commissions its 1st 3 MW Solar Power Plant at Noamundi

Jul 10, 2017, at 09:47 pm

Jamshedpur/ Kolkata, July 10 (IBNS): With due consideration towards Tata Steel’s initiatives towards reducing carbon footprint, a 3 MW Solar Photovoltaic (PV) Power Plant has been commissioned at Noamundi.

China shipping company to buy out HK rival, set to become world's third biggest

Jul 10, 2017, at 05:04 pm

Beijing, Jul 10 (IBNS): Chinese shipping giant Cosco is set to become world's third biggest company following the acquisition of its Hong Kong rival OOIL, reports said.

New 2025 global growth projections predict China’s further slowdown and the continued rise of India: Harvard study

Jul 09, 2017, at 08:52 pm

Cambridge, Massachusetts, July 9 (IBNS): The economic pole of global growth has moved over the past few years from China to neighboring India, where it is likely to stay over the coming decade, according to new growth projections presented by researchers at the Center for International Development at Harvard University (CID).

Jammu and Kashmir joins GST today

Jul 09, 2017, at 04:12 am

New Delhi, July 8 (IBNS): President of India Pranab Mukherjee promulgated on Saturday two ordinances, namely, the Central Goods and Services Tax (Extension to Jammu and Kashmir) Ordinance, 2017 and the Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Ordinance, 2017 extending the domain of Central GST Act and the Integrated GST Act to the State of Jammu and Kashmir, with effect from 8th July, 2017.

GST to boost MSMEs’ competitiveness, says study

Jul 08, 2017, at 10:41 pm

New Delhi, July 8 (IBNS):The Goods and Services Tax (GST) would boost the competitiveness of micro, small and medium enterprises (MSMEs), noted a recent joint study by ASSOCHAM- Ashvin Parekh Advisory Services (APAS).

Godrej Industries honored for healthcare support initiative

Jul 08, 2017, at 02:39 am

Mumbai, July 7 (IBNS): Godrej Industries has won the prestigious ‘CSR Health Impact Award 2017’ for its community initiative, Godrej EMBODE (Elimination of Mosquito Born Endemic Disease) under the category of Healthcare Support Initiative of the Year.

Bajaj launches Dominar in new Matte black edition

Jul 08, 2017, at 01:17 am

Mumbai, July 7 (IBNS): Bajaj Auto introduced the all new Matte Black edition in Dominar 400, the first ever in the premium sports segment.

Tata Power's Club Enerji saved more than 22,500 units of energy in Kolkata in FY17

Jul 08, 2017, at 12:27 am

Kolkata, July 7 (IBNS): Tata Power's nationwide resource and energy conservation movement, Club Enerji, has been constantly spreading awareness about resource conservation across the country, with a strategic focus on national building. Continuing with this momentum, in 2016-17, Club Enerji, sensitised around 27,119 citizens in Kolkata through primary contact programme as well as secondary sensitisation, and saved 22,584 units of energy in the city.

Indian benchmark indices end lower on Friday, June quarter earnings to start with TCS results on July 13

Jul 07, 2017, at 10:25 pm

Mumbai, Jul 7 (IBNS): The Indian equity market ended lower on Friday after the BSE Sensex fell 8.71 points at 31,360.63 and the NSE Nifty fell 8.75 points at 9,665.80. However, it posted 1.5 per cent gain for the week, media reported.

India is likely to witness an office supply of 125 msf between 2017- 2019: Cushman & Wakefield

Jul 07, 2017, at 06:54 pm

New Delhi, Jul 7 (IBNS): Cushman & Wakefield, a leading global real estate services firm, recently published their Asia Pacific Mid-Year Forecast 2017, where it said that with positive global outlook and strengthening GDP, India is on the right track to becoming an economic force within the region.

Volvo Cars to go all electric from 2019

Jul 07, 2017, at 04:22 am

Kolkata, July 6 (IBNS): Volvo Cars, the premium car maker, has announced that every Volvo it launches from 2019 will have an electric motor, marking the historic end of cars that only have an internal combustion engine (ICE) and placing electrification at the core of its future business.

Tata Steel bags Prime Minister's Trophy for Best Performing Integrated Steel Plant

Jul 07, 2017, at 04:18 am

Jamshedpur/ Kolkata, July 6 (IBNS): Tata Steel Limited has been declared as the winner of Prime Minister's Trophy for the 'Best Performing Integrated Steel Plant' in the country for the performance years 2014- 2015 and 2015-16.

Isuzu Motors reduces prices of its SUV models in range of 6 to 12%

Jul 07, 2017, at 12:54 am

Chennai, July 6 (IBNS): Isuzu Motors India Pvt. Ltd., has announced the revised prices of its vehicle models with the GST rates applicable from July 1, 2017.

Indian benchmark indices end higher on Thursday

Jul 06, 2017, at 11:47 pm

Mumbai, Jul 6 (IBNS): Indian equity benchmarks ended positive for the second consecutive session on Thursday with BSE Sensex touching record high though NSE Nifty failed to cling to its intraday 9700 level, according to media reports.

Press Information Bureau (PIB) creates special webpage on GST

Jul 06, 2017, at 10:24 pm

New Delhi, Jul 6 (IBNS): The implementation of the Goods and Services Tax (GST) since July 1, 2017, as part of the One Nation, One Tax regime has left many people worried about the associated rules and regulations.

Ministry of Food Processing Industry: GST facilitation cell to guide industry about tax regime

Jul 06, 2017, at 08:22 pm

New Delhi, Jul 6 (IBNS): The Ministry of Food Processing Industries announced on Thursday that it has established a four member GST Facilitation Cell at its office to guide the industry about the new tax regime.