Indian markets bleed on Friday: BSE Sensex plummets over 680 points
Nov 11, 2016, at 10:13 pm
Mumbai, Nov 11 (IBNS): The Indian markets crashed on Friday largely owing to profit booking, weak Asian cues and concerns over spike in interest rates in the US, according to media reports.
Sensex slumps on Friday morning trade
Nov 11, 2016, at 06:49 pm
Mumbai, Nov 11 (IBNS): The Sensex on Friday has been on a downward spiral, down 489.94 points at 27,024.74 around one pm, according to media reports.
Narendra Modi meets members of India-Japan Business Leaders’ Forum
Nov 11, 2016, at 02:45 pm
Tokyo, Nov 11 (IBNS): Prime Minister Narendra Modi on Friday met members of the India-Japan Business Leaders’ Forum here and said Japan can take advantage of the conducive business environment in India.
Millions in India queue up to swap currencies, banks cope with demonetization
Nov 11, 2016, at 05:00 am
New Delhi, Nov 10 (IBNS) : Millions of people thronged across the banks in the country on Thursday to swap Rs. 500 and Rs. 1000 currencies, banned by the Modi government in a surprise move to curb black money, even as Union Finance Minister Arun Jaitley assured that nobody will be harassed as he slammed the opposition parties that criticised the action to crack down on corruption.
Infosys Foundation invests in IUCAA to support advanced instrument development
Nov 11, 2016, at 03:53 am
Bangalore, Nov 10 (IBNS): Infosys Foundation, the philanthropic arm of Infosys has announced that it has signed an Memorandum of Understanding (MoU) with the Inter-University Center of Astronomy and Astrophysics (IUCAA) through an endowment worth INR 6.5 Crores to build a novel and powerful instrument called Wide Area Linear Optical Polarimeter (WALOP).
ICICI copes currency ban situation with various measures
Nov 11, 2016, at 03:27 am
Mumbai, Nov 10 (IBNS) India's biggest private sector bank ICICI has announced various measures to keep pace with the emerging situation after a ban on the 500 and 1000 INR denomination notes to curb the black money in the economy.
Tata Motors Group global wholesales crosses 1 Lakh sales mark in Oct
Nov 11, 2016, at 12:36 am
Kolkata/Mumbai, Nov 10 (IBNS): The Tata Motors Group global wholesales in October 2016, including Jaguar Land Rover, were at 101,057 nos., higher by 9%, over October 2015. Cumulative wholesales for the fiscal were 6,39,386 nos., higher by 12%, over FY15-16.
Indian benchmark indices end Thursday on positive note
Nov 10, 2016, at 11:29 pm
Mumbai, Nov 10 (IBNS): As the market digests the panic created by the demonetisation of highest rated currency notes and banks begin to accept old notes, the Indian benchmark indices ended Thursday on positive note.
Two-day Economic Editors' Conference begins in New Delhi
Nov 10, 2016, at 09:18 pm
New Delhi, Nov 10 (IBNS): Union Finance Minister Arun Jaitley inaugurated the two-day Economic Editors' Conference in New Delhi on Thursday.
Mistry betrayed trust, Tata Sons says
Nov 10, 2016, at 09:11 pm
Mumbai, Nov 10 (IBNS) : Slamming the deposed Chairman Cyrus Mistry, Tata Sons, the holding company of the Tata Group on Thursday issued a statement, saying he "betrayed trust" was "consciously dismantling" the company's age-old structure.
Rs. 1000 notes to reappear in new design : Government
Nov 10, 2016, at 06:49 pm
New Delhi, Nov 10 (IBNS) : The Government on Thursday said that the Rs. 1,000 note - banned at midnight on Tuesday will reappear in new dimension and design in few months' time.
Nov 10, 2016, at 05:48 pm
New Delhi, Nov 10 (IBNS) : As millions of people thronged across the banks in the country on Thursday to swap Rs. 500 and Rs. 1000 currencies, banned by the Government in a sudden and surprise move, Union Finance Minister Arun Jaitley assured that nobody will be harassed.
Nov 10, 2016, at 05:04 pm
New York, Nov 10, (IBNS): Criteo, a the performance marketing technology company, announced on Thursday that the transaction to acquire HookLogic was completed on Nov 9, 2016.
Ishaat Hussain replaces Cyrus Mistry as TCS Chairman
Nov 10, 2016, at 04:50 pm
Mumbai, Nov 10 (IBNS): Tech giant Tata Consultancy Services (TCS) has named Ishaat Hussain as its interim chairman, reports said.
Direct Tax Collections up to October, 2016 show an increase of 10.6%, says govt
Nov 10, 2016, at 04:38 am
New Delhi, Nov 9 (IBNS): The figures for Direct Tax Collections up to October, 2016 show that net collections are at Rs.3.77 lakh crore which is 10.6% more than the net collections for the corresponding period last year, official data released on Wednesday said.
Currency ban: Banks to remain open this weekend
Nov 10, 2016, at 04:25 am
New Delhi, Nov 9 (IBNS): In the wake of the Centre's decision to scrap all old Rs 500 and Rs.1000 notes, all banks will remain open on Saturday and Sunday this week to facilitate the process of replacement of currencies.
Bosch Limited registers 7.7 pct growth in gross sales, income from operations
Nov 10, 2016, at 12:42 am
Bangalore, Nov 9 (IBNS): Bosch Limited, a supplier of technology and services, posted gross sales and income from operations of INR 2,738 crores in Quarter 2 of FY 2016-17, registering a 7.7 percent increase over the same period of the previous year.
Nov 09, 2016, at 11:07 pm
Seoul/New Delhi, Nov 9 (IBNS): A Memorandum of Understanding (MOU) was signed on Nov 7 between POSCO and Steel Authority of India Ltd. (SAIL) on technical collaboration for operational improvements and Human Resource Development.
MC Chauhan takes over as GM SER
Nov 09, 2016, at 10:32 pm
Kolkata, Nov 9 (IBNS): M C Chauhan, General Manager, Metro Railway, Kolkata has taken over the additional charge of General Manager, South Eastern Railway (SER), Kolkata on Wednesday in place of A K Goel who is appointed as Director General (Railway Stores), Railway Board, New Delhi.
Govt's decision on demonetization has been welcomed by citizens: Jaitley
Nov 09, 2016, at 10:25 pm
New Delhi, Nov 9 (IBNS): Union Finance Minister Arun Jaitley said the move to discontinue with Rs 1000 and Rs 500 currency notes has been welcomed widely by citizens.
Sony strengthens Cyber-shot RX Camera lineup with the launch of new RX100 V
Nov 09, 2016, at 10:22 pm
New Delhi, Nov 9 (IBNS): Elevating the digital imaging experience, Sony India on Wednesday announced the new flagship model for their popular Cyber-shot® RX100 series, of compact cameras the RX100 V.
Bank of Baroda appoints Ratnesh Kumar as MD&CEO of BOB Capital Markets Ltd.
Nov 09, 2016, at 10:15 pm
New Delhi, Nov 9 (IBNS): Bank of Baroda on Wednesday announced the appointment of Ratnesh Kumar as the new Managing Director & CEO of BOB Capital Markets Ltd.
Indian benchmark indices end in the red on Wednesday
Nov 09, 2016, at 10:14 pm
Mumbai, Nov 9 (IBNS): After the double whammy of ban of highest currency notes and Republican candidate Donald Trump defeating Democrat Hillary Clinton to become the 45th US President, it was a wild Wednesday for the Indian market.
Currency Ban: Kailash Satyarthi lauds move, congratulates PM Modi
Nov 09, 2016, at 06:53 pm
New Delhi, Nov 9 (IBNS): Nobel laureate and child rights activist, Kailash Satyarthi lauded Prime Minister Narendra Modi's decision to ban 500 and 1000 Indian Rupee notes in order to curb black money.
Currency ban: Sensex tumbles 1000 points
Nov 09, 2016, at 05:51 pm
Mumbai, Nov 9 (IBNS): Prime Minister Narendra Modi's unexpected decision to ban 500 and 1000 Indian Rupee notes saw the Sensex nosedive 1000 points on Wednesday, reports said.
Nov 09, 2016, at 03:15 am
New Delhi, Nov 8 (IBNS): In a bid to fight against corruption, black money, money laundering, terrorism and financing of terrorists as well as counterfeit notes, the Government of India has decided that the five hundred and one thousand rupee notes will no longer be legal tender from midnight tonight.
Harley-Davidson India lineup exudes power and control
Nov 09, 2016, at 02:36 am
New Delhi, Nov 8 (IBNS): Harley-Davidson India, on Tuesaday launched its 2017 model-year lineup with the addition of two new exciting models - Harley-Davidson Roadster and Road Glide Special.
Pollution to cripple NCR economy; Golden triangle tourism to be hit: ASSOCHAM
Nov 08, 2016, at 10:27 pm
New Delhi, Nov 8 (IBNS): With Delhi and NCR getting the descriptive titles like ‘gas chamber’ and the world’s most polluted city, the entire area of National Capital Region encompassing not only Noida, Gurgaon and Faridabad but also right up to Meerut, Panipat, Bhiwadi and Rohtak is likely to face a crippling economic impact more in sectors like tourism, transport, automobile and real estate, an ASSOCHAM paper has said.
Indian benchmark indices end Tuesday in positive territory
Nov 08, 2016, at 10:18 pm
Mumbai, Nov 8 (IBNS): Like the rest of the world, the Indian market is closely following the outcome of the US Presidential election and chose to remain cautious on Tuesday but the benchmark indices managed to post modest gains at close of business following investor buying, the media reported.
Airtel appoints Vani Venkatesh as CEO - Retail
Nov 08, 2016, at 10:01 pm
New Delhi, Nov 8 (IBNS); Bharti Airtel, a telecommunications services provider, on Tuesday announced the appointment of Vani Venkatesh as CEO – Retail.