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India and Germany ink nine agreements, including one on Green Partnership | India registers 3,157 fresh COVID-19 cases, 26 deaths in past 24 hours | No one can be forced to get vaccinated: Supreme Court | Centre seeks more time to respond to sedition pleas | Starting from Bihar: Prashant Kishor's cryptic tweet days after declining Congress offer | PM Narendra Modi arrives in Berlin, starts his three nations tour | Zomato delivery partner, two teenagers die after motorbike-car crash in Delhi | Main accused in Patiala clash Barjinder Singh Parwana arrested | PM Modi extends wishes to people on Maharashtra and Gujarat Day | India witnesses spike in Covid-19 cases with 3,324 new infections in last 24 hrs

YES Bank launches YES Mobile 2.0 banking app

Nov 03, 2016, at 07:02 pm

Mumbai, Nov 3 (IBNS): YES Bank recently announced the launch of “YES Mobile 2.0”, a mobile banking app with multiple industry first features, and extensive support for banking transactions on Apple and Android based smart watches.

SAIL posts 20% sales growth during Apr-Oct’16 period

Nov 02, 2016, at 11:31 pm

New Delhi, Nov 2 (IBNS): Steel Authority of India Ltd. (SAIL) witnessed a robust growth in total sales during the April-October’16 period of 20% over the corresponding period last year (CPLY).

Indian benchmark indices end in the red on Wednesday

Nov 02, 2016, at 10:37 pm

Mumbai, Nov 2 (IBNS): Tense over the presidential elections in the United States (US), market investors in Asia and Europe turned cautious and Indian markets followed suit on Wednesday.

Festive season drives Honda’s highest monthly retail sales in 2016

Nov 02, 2016, at 10:36 pm

Mumbai, Nov 2 (IBNS): Honda Cars India Ltd. (HCIL) on Wednesday said it has registered its highest monthly retail sales during CY-2016 in October 2016 and delivered more than 20,000 cars in this festive month.

AmCham appoints new Director General CEO

Nov 02, 2016, at 10:34 pm

Kolkata, Nov 2 (IBNS): The American Chamber of Commerce in India (AmCham) has appointed Ranjana Khanna as its new Director General CEO, who takes over on Nov 2.

Kolkata: Mahindra drives its new ‘e2oPlus’ to city

Nov 02, 2016, at 09:50 pm

Kolkata , Nov 2 (IBNS): Indian automobile manufacturer Mahindra and Mahindra, on Friday, announced the launch of its new electric car, the ‘e2oPlus’ in Kolkata.

Cox & Kings Ltd introduces money transfer solutions in partnership with UAE Exchange India

Nov 02, 2016, at 09:39 pm

Mumbai, Nov 2 (IBNS): Making a foray into the money transfer business in India, Cox & Kings Ltd, the leading holidays and education travel group, has partnered with UAE Exchange India, the leading financial institution, to provide inward remittance and domestic money transfer services in India.

Mahindra’s auto sector sells 52,008 vehicles during October

Nov 02, 2016, at 09:04 pm

Mumbai, Nov 2 (IBNS): Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, on Wednesday announced its auto sales performance for October 2016 which stood at 52,008 vehicles compared to 51,383 vehicles during October 2015.

Mahindra tractors sells 43,826 units

Nov 02, 2016, at 09:03 pm

Mumbai, Nov 2 (IBNS): Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 17.8 billion Mahindra Group, on Wednesday announced its tractor sales numbers for October 2016.

ICICI Bank launches home loan overdraft for salaried customers

Nov 02, 2016, at 07:27 pm

Mumbai, Nov 2 (IBNS): ICICI Bank Ltd announced on Wednesday the launch of a credit facility against home loans for salaried customers.

Maruti Suzuki India Limited sells 133,793 units in October

Nov 02, 2016, at 04:29 am

New Delhi, Nov 1 (IBNS): Maruti Suzuki India Limited, leader in passenger vehicles, on Tuesday sold a total of 133,793 units in October 2016.

Economy set to perform better in 2nd half of FY 16: ASSOCHAM Bizcon survey

Nov 02, 2016, at 04:15 am

New Delhi, Nov 1 (IBNS): Indian economy would be performing better in the second half of the current fiscal and the trend appears to have begun from the quarter beginning October, 2016 with 66.7 per cent of the latest ASSOCHAM Bizcon Survey respondents expecting uptick in sales, capacity utilization, though positivity on fresh investment is tentative.

Markets fail to cling to initial gains on Tuesday

Nov 01, 2016, at 11:59 pm

Mumbai, Nov 1 (IBNS): The Indian market failed to retain its early gains on Tuesday, with Sensex, which had reached an intra-day high of 28029.80, finally closing lower at 27876.61, down 53.60 points and Nifty, which had touched 8669.60, closed at 8626.25, up 0.55 points.

Twitter India head quits

Nov 01, 2016, at 11:15 pm

New Delhi, Nov 1 (IBNS): Micro-blogging site Twitter India's head Rishi Jaitly on Tuesday announced his decision to quit the company.

Indian FMCG firms outpace MNCs in growth, revenue: ASSOCHAM-TechSci study

Nov 01, 2016, at 09:52 pm

New Delhi, Nov 1 (IBNS): During the FY 2016, domestic Fast-moving consumer goods (FMCG) companies have performed significantly well vis-à-vis the multinational companies in India, according to the just concluded study by ASSOCHAM-TechSci Research.

Hyundai Motor India registers record cumulative sales with 64,372 units

Nov 01, 2016, at 09:49 pm

New Delhi, Nov 1 (IBNS): Hyundai Motor India Ltd, the country’s leading car manufacturer and the largest passenger car exporter, on Tuesday said it has registered highest-ever domestic sales of 50,016 units and exports of 14,356 units with record cumulative sales of 64,372 units for the month of October 2016.

Tata Motors records a growth of 21% in October 2016

Nov 01, 2016, at 09:43 pm

New Delhi, Nov 1 (IBNS): Tata Motors passenger and commercial vehicle total sales (including exports) in October 2016 were at 52,813 vehicles, a growth of 21%, over 43,486 vehicles sold in October 2015.

September core sector output up 5%

Nov 01, 2016, at 12:17 am

New Delhi, Oct 31 (IBNS): The combined Index of Eight Core Industries stands at 176.1 in September, 2016, which was 5 % higher compared to the index of September, 2015, read a government data released on Monday.

Delta, Virgin Atlantic,Jet Airways expand cooperation with India-US code share via London Heathrow

Oct 31, 2016, at 11:31 pm

Mumbai, Oct 31 (IBNS): Delta Air Lines and Virgin Atlantic on Monday announced expanded cooperation with Jet Airways to provide convenient codeshare connections for customers between key destinations across North America and India via London Heathrow.

Indian benchmark indices end lower on first day of new Samvat; market closed on Monday

Oct 31, 2016, at 10:09 pm

Mumbai, Oct 31 (IBNS): The Indian stock markets remained closed on Monday but conducted business on Sunday as it was the first day of Samvat 2073, the Hindu calendar year, according to media sources.

Fab Group launches “Fab Motors Cycles” in Hyderabad

Oct 31, 2016, at 05:00 pm

Hyderabad, Oct 31 (IBNS): The Fabulous & Beyond Group (Fab) has launched “Fab Motors cycles” on Monday.

Etihad Airways celebrates Diwali in sky

Oct 31, 2016, at 12:32 am

Abu Dhabi, Oct 30 (IBNS): Guests travelling from New York to Abu Dhabi with Etihad Airways, the national airline of the UAE, were treated to a surprise celebration of Diwali ahead of this weekend’s Hindu festival of lights.

GMR Airports submits bid for new international airport in Greece

Oct 29, 2016, at 02:48 am

New Delhi, Oct 28 (IBNS): GMR Infrastructure Limited, India’s leading Infrastructure Company, on Friday announced that its subsidiary, GMR Airports Limited (GAL), has submitted the bid along with its partner GEK Terna Group of Greece for the Development, Operations and Management of New International Airport of Heraklion at Crete Island, Greece.

Gartner says IT spending in the banking and securities Industry in India to reach $7.8 billion in 2017

Oct 28, 2016, at 11:39 pm

New Delhi, Oct 28 (IBNS): IT spending by banking and securities firms in India will reach $7.8 billion dollars in 2017, an increase of 8.6 percent from 2016, according to Gartner, Inc.

Gartner says full autonomy may not be possible or desirable in smart machines

Oct 28, 2016, at 11:29 pm

New Delhi, Oct 28 (IBNS): By 2020, smart machines will be a top five investment priority for more than 30 percent of CIOs, according to Gartner, Inc.

Tata Motors stands at no. 3 position in the J.D. Power 2016 India Customer Service Index Study

Oct 28, 2016, at 11:10 pm

Mumbai, Oct 28 (IBNS): Tata Motors on Friday announced that it has achieved No 3 position in the J.D. Power 2016 India Customer Service Index Study.

Indian benchmark indices see marginal gain on last trading session of Samvat year 2072

Oct 28, 2016, at 09:54 pm

Mumbai, Oct 28 (IBNS): The Indian market was able to pick up marginally on Friday with Sensex up 25.61 points at 27941.51 and Nifty up 22.75 points at 8638.

Shipping cargo commitments for Multimodal Terminal at Haldia

Oct 28, 2016, at 09:22 pm

New Delhi/Kolkata, Oct 28 (IBNS): The Inland Waterways Authority of India (IWAI) has received a commitment for transport of 5.92 million tons (MTs) of cargo volume per annum through the Multimodal Terminal at Haldia in West Bengal by the year 2018, the Union Ministry of Shipping said in a release on Friday.

Mahindra drives in its new ‘e2oPlus’

Oct 28, 2016, at 09:15 pm

Kolkata, Oct 28 (IBNS): Mahindra Electric, part of the diversified USD 17.8 billion Mahindra Group and a pioneer in the development and production of electric vehicles in India, on Friday announced the launch of its new electric CitySmart car, the ‘e2oPlus’.

Directorate of Income Tax (Intelligence and Criminal Investigation) holds seminar to discuss tax amendments to curb black money

Oct 28, 2016, at 08:30 pm

Kolkata, Oct 28 (IBNS): The Directorate of Income Tax (Intelligence and Criminal Investigation), recently held a seminar with Chartered Accountants in Kolkata regarding Furnishing of Statement of Financial Transaction under the Income Tax Act & Rules made this year.