Tribunal allows SBI-led consortium's plea to recover dues from Mallya

Jan 19, 2017, at 07:45 pm

Bengaluru, Jan 19 (IBNS): The State Bank of India-led consortium can now move to recover their dues from former liquor baron Vijay Mallya after the Debt Recovery Tribunal (DRT) allowed their original application to recover unpaid dues of over Rs 9,000 crore, according to media reports.

OYO Founder CEO Ritesh Agarwal felicitated for work in India’s hospitality sector

Jan 19, 2017, at 07:43 pm

New Delhi, Jan 19 (IBNS): Ritesh Agarwal, Founder & CEO of OYO, India’s largest hotel-network, was recently honored with two prestigious awards - Gaurav Samman at Pravasi Haryana Divas and New-age Entrepreneur Award by Asian Centre For Corporate Governance & Sustainability.

Eicher launches personal utility vehicle Multix

Jan 19, 2017, at 06:06 pm

Kolkata, Jan 19 (IBNS): Eicher Polaris Pvt. Ltd, a joint venture between Eicher Motors Ltd and Polaris Industries, launched Multix a personal utility vehicle, in Kolkata, on Wednesday.

Partnership strategy a core element of Etihad growth: Group President

Jan 19, 2017, at 04:26 am

Abu Dhabi, UAE, Jan 18 (IBNS): Etihad Aviation Group's partnership strategy has been a core element of the growth of the business, said President and Chief Executive Officer James Hogan in a speech on Wednesday.

How Should You Plan Your SEO Budget in India

Jan 19, 2017, at 02:34 am

Infosys Chandigarh was recognized as 'Cashless Campus' by Chandigarh administration

Jan 19, 2017, at 02:13 am

Chandigarh, Jan 18 (IBNS): In an attempt to encourage cashless transaction in Chandigarh, the UT administration recently organized a 'Digi Dhan Mela' here.

India sees large rise in cybercrime: ASSOCHAM-PwC study

Jan 19, 2017, at 01:07 am

New delhi, Jan 18 (IBNS): Cyber security incidents are seeing a rise in India, with a total of 39,730 incidents reported in the first 10 months of 2016, as against 44,679 and 49,455 observed during the years 2014 and 2015 respectively, a recent ASSOCHAM-PwC joint study said on Wednesday.

Indus Net Technologies, E-Cube Energy come together for efficient management of energy data consumption

Jan 19, 2017, at 01:00 am

Kolkata, Jan 18 (IBNS): Indus Net Technologies, an IT Service Company, and E-Cube Energy, a Kolkata-based energy data analytics solutions provider have set up a joint venture company, EnergyTech Ventures with a vision of helping economies double Energy/Resource Productivity.

Cabinet approves the exclusion of States from the investments of National Small Savings Fund from Apr 1, 2016

Jan 19, 2017, at 12:28 am

New Delhi, Jan 18 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to exclude State Governments States or UTs (with Legislature) except Arunachal Pradesh, Delhi, Kerala and Madhya Pradesh from National Small Savings Fund (NSSF) investments from Apr 1,.2016.

Indian benchmark indices end Wednesday with positive bias

Jan 18, 2017, at 10:31 pm

Mumbai, Jan 18 (IBNS): The Indian market ended positive on Wednesday with BSE Sensex up 21.98 points at 27257.64 and NSE Nifty up 19.00 points at 8417.

Kolkata: Samsung announces launch of new Galaxy C9 Pro with 6GB RAM

Jan 18, 2017, at 10:08 pm

Kolkata, Jan 18 (IBNS): Smartphone maker Samsung on Wednesday announced the launch of its first C-series smartphone, the Galaxy C9 Pro in India. The phone is priced at Rs. 36,900.

Note scrapping can do little to stop future generation of black money: ASSOCHAM study

Jan 18, 2017, at 09:45 pm

New Delhi, Jan 18 (IBNS): Demonetisation may wipe out the stock of black money held in cash but can do little about the ill-gotten wealth converted to assets like gold and real estate and the scrapping of high value notes does not prevent the future generation of unaccounted money, said an ASSOCHAM study on Currency Demonetisation.

AI adoption driving revenue growth for businesses, leadership on workforce implications vital: Infosys study

Jan 18, 2017, at 04:04 am

Davos, Switzerland, Jan 17 (IBNS): Infosys, a global leader in consulting, technology, and next-generation services, on Tuesday released multinational research findings on artificial intelligence (AI) business impact, market maturity and expectations. The research report, Amplifying Human Potential: Towards Purposeful Artificial Intelligence, polled 1,600 senior business decision makers at large organizations across the world.

Tata Steel announces scholarship programme for female students from selected engineering institutes in India

Jan 18, 2017, at 02:38 am

Jamshedpur, Jan 17 (IBNS): Tata Steel on Tuesday announced a scholarship programme titled 'Women-Of-Mettle', an initiative to encourage gender diversity in the manufacturing industry.

Zillonlife Global announces launch of its direct sales business in India

Jan 18, 2017, at 02:06 am

New Delhi, Jan 17(IBNS): Zillonlife Global Pvt. Ltd. on Tuesday announced the direct sales channel launch of its product portfolio 'Lifecorder', 'Soul Sanctuary' and 'Sierra Brew' to cater to security, surveillance and lifestyle buyers.

HGS celebrates opening of 4th customer service center in Jamaica

Jan 18, 2017, at 01:24 am

Kingston, Jamaica, Jan 17 (IBNS): Hinduja Global Solutions Limited (HGS), a global leader in business process management, on Tuesday launched a fourth customer experience center in Kingston in Jamaica.

Indian market slips on Tuesday despite early gains

Jan 17, 2017, at 10:58 pm

Mumbai, Jan 17 (IBNS): The Indian market failed to cling to its initial gains on Tuesday and ended lower, with BSE Sensex down 52.51 points at 27235.66 and NSE Nifty down 14.80 points at 8398.

Tata Power’s non-fossil operating capacity climbs to 3060 MW

Jan 17, 2017, at 10:52 pm

Mumbai/ Kolkata, Jan 17 (IBNS): Tata Power, India’s largest integrated power company, on Tuesday announced that the company’s total generation from non-fossil operating capacity stands at 3060 MW, making it the largest renewable energy Company in India.

Nissan launches New 2017 Sunny in India

Jan 17, 2017, at 09:53 pm

New Delhi, Jan 17 (IBNS): Automaker Nissan on Tuesday announced the launch of the New Sunny 2017 in India. The New Sunny builds on the success of Nissan India’s flagship sedan and will be available in dealerships across the country starting today.

Manipur's Karang becomes India's first cashless island

Jan 17, 2017, at 09:05 pm

Guwahati, Jan 17k (IBNDS) : Karang, an island of Manipur, has become the first cashless island of the country.

IMF cuts India's growth rate following demonetisation stress

Jan 17, 2017, at 04:32 pm

Washington, Jan 17 (IBNS): In a setback for the Indian government, the International Monetary Fund (IMF) has cut India's growth rate to 6.6 percent for the current fiscal year, a decrease by one percent from its previous estimate.

‘Tata Trusts U Dream Football Programme’ to nurture India’s finest U -15 footballers

Jan 17, 2017, at 04:05 am

Kolkata, January 16 (IBNS): Looking at the significance of football and the popularity it is gaining in the North East India, Tata Trusts in association with U Dream Football has dedicated its energies to amplifying the tremendous talent in the region.

Tata Steel`s Noamundi Iron Mine conducts pilot launch of Drone Application in Mine Monitoring

Jan 17, 2017, at 04:01 am

Noamundi/ Kolkata, Jan 16 (IBNS):: Noamundi Iron Mine (NIM) of OMQ (Ore, Mines & Quarries) Division of Tata Steel executed a pilot launch of Drone Application in Mine Monitoring (DAMM), on Monday.

India , Mauritius sign MoU for Cooperation in the field of Cooperatives

Jan 17, 2017, at 03:37 am

New Delhi, Jan 16 (IBNS): Union Minister of Agriculture and Farmers Welfare, Radha Mohan Singh and Minister of Business, Enterprise and Cooperatives, Govt. of Mauritius, ShriSoomilduthBholahsigned on MoU for Cooperation in the field of Cooperatives & related areas here on Monday.

Bandhan Bank opens branches in Goa, reaches 770 branch mark

Jan 17, 2017, at 02:53 am

Goa, Jan 16 (IBNS) : Bandhan Bank opened its first branch in Goa on Monday. Jaikish, General Manager and Officer-in-Charge, Reserve Bank of India, Goa inaugurated the Bank’s Panjim branch.

Danone India announces plans to grow its Nutrition business

Jan 17, 2017, at 01:51 am

Hyderabad, Jan 16 (IBNS): Danone, a global food company, has announced plans to strengthen its Nutrition business in India starting with the launch of its globally popular Infant formula brand Aptamil.

Infosys announces internal carbon price

Jan 17, 2017, at 01:24 am

Zurich, Jan 16 (IBNS): Infosys, a global leader in consulting, technology, outsourcing and next-generation services, on Monday announced its internal carbon price at $10.5 per ton of CO2e, at an event organized by the Carbon Pricing Leadership Coalition (CPLC) in Zurich.

Just 8 men own same wealth as half the world, says Oxfam

Jan 16, 2017, at 11:54 pm

New York, Jan 16 (IBNS): Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam on Monday to mark the annual meeting of political and business leaders in Davos.

RBI increases daily ATM withdrawal limit to Rs 10,000

Jan 16, 2017, at 10:57 pm

New Delhi, Jan 16 (IBNS); Giving relief to people across the nation, the Reserve Bank of India on Monday increased the daily withdrawal limit from ATMs to Rs.10,000.

Indian market closes positive

Jan 16, 2017, at 10:41 pm

Mumbai, Jan 16 (IBNS): The Indian market closed positive on Monday, with BSE Sensex up 50.11 points at 27288.17 and NSE Nifty up 12.45 points at 8412.80.