Indian benchmark indices end Monday on four-month high

Feb 06, 2017, at 11:13 pm

Mumbai, Feb 6 (IBNS): The Indian market ended Monday on a somewhat high note, closing at a four-month high, largely banking on hopes of a rate cut in the forthcoming Reserve Bank of India policy meet, according to media sources.

Lava launches the very first 4G-enabled feature phone in India

Feb 06, 2017, at 11:02 pm

New Delhi /Kolkata, Feb 6 (IBNS): Lava International Limited,on Monday launched the very first 4G-enabled smart feature phone in India – Lava 4G Connect M1.

Cyrus Mistry removed as Director of Tata Sons Limited

Feb 06, 2017, at 10:57 pm

Mumbai, Feb 6 (IBNS): Shareholders of Tata Sons on Monday voted to remove Cyrus Mistry as a Director of Tata Sons Limited.

OYO commemorates meritorious service in Indian police force

Feb 06, 2017, at 09:22 pm

New Delhi, Feb 6 (IBNS): OYO, India’s largest hotel chain, partnered with IPS Central Association (ICA) to offer special benefits to the bravery award winners in the Indian police force and their families.

West Bengal: IIT Kharagpur holds Global Entrepreneurship Summit 2017

Feb 06, 2017, at 06:29 pm

Kharagpur/Kolkata, Feb 6 (IBNS): The Global Entrepreneurship Summit 2017, the largest student-level entrepreneurial summit in India, organised by IIT Kharagpur here on Feb 4, served as a networking platform for budding entrepreneurs, industry leaders and investors.

Qatar Duty Free opens Harvest market restaurant in HIA

Feb 06, 2017, at 01:29 am

Doha, Feb 5 (IBNS): Qatar Duty Free, in partnership with HMSHost International, has opened Doha’s very first Harvest Market restaurant, providing travellers with an exciting open-air food market dining experience inside the Middle East’s only five-star terminal, Hamad International Airport (HIA).

Qatar Airways announces establishment of new company to manage and operate Hamad International Airport

Feb 06, 2017, at 12:57 am

Doha, Feb 5 (IBNS): The Executive Board of Directors of Qatar Airways Group in its meeting on Jan 31 announced the establishment of a new company to manage and operate Hamad International Airport (HIA), as an independent entity owned by Qatar Airways Group.

ASSOCHAM seeks RBI nudge to banks for full transmission of interest cuts, post- note ban

Feb 05, 2017, at 11:09 pm

ew Delhi, Feb 5 (IBNS): As the Monetary Policy Committee of the Reserve Bank of India meets on February 7 and 8 for next bi-monthly credit policy, apex industry body ASSOCHAM has impressed upon the central bank and the Finance Ministry to ensure adequate transmission of cuts in the interest rates even as the industry would seek at least 50 -75 basis point reduction in the benchmark lending rates, post demonetization.

Arun M. Kumar elected as Chairman & CEO of KPMG in India

Feb 05, 2017, at 07:59 pm

Kolkata, Feb 5 (IBNS): KPMG in India on Sunday announced the election of Arun M. Kumar as Chairman and Chief Executive Officer of the firm for a five-year term.

Gionee targets to increase its product sales to 12% in 2017

Feb 05, 2017, at 02:29 am

Guwahati, Feb 4 (IBNS): Leading global smartphone brand Gionee has targeted to increase the products sales in 2017 to 12% in India.

All efforts on for smooth handling of data for transition to GST: Member, CBEC

Feb 04, 2017, at 02:45 pm

New Delhi, Feb 4 (IBNS): With the goods and services tax (GST) on the anvil, all state governments are working very closely with central government and all efforts are on to put the elaborate information technology (IT) infrastructure in place for smooth handling of massive amount of data, a top CBEC (Central Board of Excise and Customs) official said at an ASSOCHAM event held in New Delhi on Friday.

Jet Airways declares seventh successive "profitable quarter"

Feb 04, 2017, at 03:45 am

Mumbai, Feb 3 (IBNS): Jet Airways Group on Friday announced its seventh successive profitable quarter with a profit of INR 156.3 cr for the period ending December 31, 2016 supported by rising traffic and improved business efficiencies.

Bank of Baroda inaugurates NRI Help Desk in Mumbai

Feb 04, 2017, at 12:45 am

Mumbai, Feb 3 (IBNS): Under Project Navodaya, Bank of Baroda, Mumbai Zone, recently inaugurated the first NRI Help Desk at Nariman Point Branch in Mumbai.

Telecom base in India touches 1.12 billion at end-November 2016

Feb 03, 2017, at 11:02 pm

New Delhi, Feb 3 (IBNS): Touching new high, telecom base in India has touched 1.12 billion at end-November 2016, officials said on Friday.

Indian benchmark indices end flat with positive bias, BSE IPO oversubscribed

Feb 03, 2017, at 09:59 pm

Mumbai, Feb 3 (IBNS): The Indian market failed to impress on Friday despite ending in positive territory, according to media reports.

Apple going for India made iPhones at Bengaluru facility

Feb 03, 2017, at 05:35 pm

Bengaluru, Feb 3 (IBNS) : As Prime Minister Narendra Modi pitches for "Make in India," technology giant Apple is set to manufacture iPhones in Bengaluru, The Times of India reported.

Tata Power Skill Development Institute inaugurates 'Skills on Wheels'

Feb 03, 2017, at 05:08 am

Mumbai/ Kolkata, Feb 2 (IBNS): Tata Power, an integrated power company, on Thursday inaugurated Tata Power Skill Development Institute's (TPSDI) Skills on Wheels, a mobile concept to make skill training more accessible to people.

Bandhan Bank crosses 800 branches

Feb 03, 2017, at 02:31 am

Kolkata, Feb 2 (IBNS): Bandhan Bank Ltd recently crossed 800 branches with the opening of 16 new ones across the country.

Emirates introduces sustainable blankets made from 100% recycled plastic bottles

Feb 03, 2017, at 12:56 am

Kolkata, Feb 2 (IBNS): Emirates has introduced new sustainable blankets made from 100% recycled plastic bottles.

Indian benchmark indices end higher on Thursday, cautions users of virtual currencies

Feb 02, 2017, at 10:33 pm

Mumbai, Feb 2 (IBNS): The Indian market ended positive on Thursday with BSE Sensex up 84.97 points at 28226.61 and NSE Nifty up 17.85 points at 8734.25.

Association of Odisha Real-estate Developers announces “AFORD Home Expo 2017”, offers up to 5% discount on each spot registration

Feb 02, 2017, at 07:49 pm

Bhubaneswar, Feb 2 (IBNS): Association for Odisha Real-estate Developers (AFORD) is one of the most prominent recognized body of the Real Estate Developers in Odisha.

Budget 2017: Benefits announced for NPS subscribers

Feb 02, 2017, at 07:37 pm

New Delhi, Feb 2 (IBNS): The Finance Bill 2017 laid down in the Parliament on Thursday introduced several new benefits for National Pension System (NPS) subscribers.

Using indigenous FarEye logistics technology Railways can provide real-time visibility to their customers: ​FarEye CEO Nahata

Feb 02, 2017, at 07:24 pm

New Delhi, Feb 1 (IBNS): Kushal Nahata, CEO and Co-founder FarEye, Logistics Technology Solutions provider said the Railways’ plan to implement integrated transport​ ​with logistics players is a big leap in providing visibility to large consumers of agricultural products.

Tata Global Beverages announces increase in profit before Exceptional Items, Group Net Profits

Feb 02, 2017, at 04:54 am

Mumbai, Feb 1 (IBNS): Tata Global Beverages Ltd. on Wednesday announced its results for the quarter ended December 2016.

Budget proposals should provide growth impetus to Indian economy: ITC

Feb 02, 2017, at 02:32 am

New Delhi, Feb 1 (IBNS): Y C Deveshwar, Chairman of ITC Limited on Wednesday lauded the Union budget and said it should should provide a growth impetus to the Indian economy and a pickup in consumption demand.

Toyota Kirloskar Motor registers 21% growth in the month of January 2017

Feb 02, 2017, at 01:16 am

Bangalore, Feb 1 (IBNS): In the month of January 2017, car manufacturing major Toyota Kirloskar Motor registered a 21% growth in domestic sales and 22% growth in overall sales when compared to the sale in January 2016.

Budget 2017 is progressive which aims at holistic development: SAIL

Feb 02, 2017, at 01:11 am

New Delhi, Feb 1 (IBNS): Steel Authority of India (SAIL) Chairman P K Singh on Wednesday hailed the Centre's general budget and said it aims at "holistic development."

Maruti Suzuki sells 144396 units in January

Feb 02, 2017, at 01:10 am

New Delhi, Feb 1 (IBNS): Major car manufacturer Maruti Suzuki India Limited on Wednesday said it has sold a total of 144396 units in January 2017.

Jaitely increases 48% fund allocation for NE development

Feb 02, 2017, at 01:07 am

Guwahati, Feb 1 (IBNS) : Even not a single special project announced for the North East India in the Union Budget 2017-18, Union Finance Minister Arun Jaitely increasing overall fund allocation to the region by 48% in his fourth budget against the previous budget.

Budget: Political Parties cannot receive donation above Rs. 2,000 in cash from one person

Feb 02, 2017, at 12:30 am

New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs Arun Jaitely while presenting the General Budget 2017-18 in Parliament on Wednesday said that the political party can receive maximum donation up to Rs. 2,000 in cash from one person.