ADB to provide India $500 million for solar rooftop systems

Oct 05, 2016, at 02:17 am

Manila, Oct 4 (IBNS): The Asian Development Bank (ADB) on Tuesday said it is set to provide $500 million in financing for rooftop solar systems that will help the Indian government expand energy access using renewable energy.

Jet Airways celebrates festive season with economy fares for domestic travel

Oct 04, 2016, at 11:40 pm

Mumbai, Oct 4 (IBNS): Ahead of the festive season, Jet Airways, India's premier international airline, today announced a special attractive offer on Economy fares for guests travelling on the airline’s domestic network.

Indian benchmark indices rebound on Tuesday

Oct 04, 2016, at 11:13 pm

Mumbai, Oct 4 (IBNS): The Indian markets reacted positively to the monetary policy announced by the Reserve Bank of India on Tuesday, where it cut its policy repo rate by 25 basis points to nearly six-year low of 6.25%, from earlier 6.5%, according to media re[ports.

GMR, Vodafone create India’s largest Wi-Fi hotspot at Delhi Airport

Oct 04, 2016, at 11:10 pm

New Delhi, Oct 4 (IBNS): Delhi International Airport (Pvt) Ltd, a GMR led consortium, and Vodafone, one of India’s leading telecom service providers, have partnered to provide state-of-the-art, high speed Wi-Fi services at both terminals of the Indira Gandhi International (IGI) Airport in New Delhi.

Moto Z, Moto Z Play and Moto Mods launched in India

Oct 04, 2016, at 11:05 pm

New Delhi, Oct 4 (IBNS): New smartphones- Moto Z, Moto Z Play and Moto Mods- have been launched in India.

Aircel brings free data offer in Kolkata

Oct 04, 2016, at 10:44 pm

Kolkata, Oct 4 (IBNS): To join the spirit of Durga Puja, telecom operator Aircel is spicing up the festivities with a host of Unmatched Data and Calling products.

Tata Steel’s Sukinda Chromite Mine bags Bala Gulshan Tandon Excellence Award

Oct 04, 2016, at 10:38 pm

Sukinda/ Kolkata, Oct 4 (IBNS): Sukinda Chromite Mine of Tata Steel, located in Jajpur district of Odisha, has bagged the prestigious Bala Gulshan Tandon Excellence Award for overall performance for the year 2015-16 given by Federation of Indian Mineral Industries (FIMI), the premier mining body of the country.

Sony announces new headphones MDR-1000X

Oct 04, 2016, at 10:22 pm

New Delhi, Oct 4 (IBNS): Tech giant Sony has launched the MDR-1000X, industry-leading noise cancelling headphones.

Thomas Cook India witnesses strong uptake in Forex expenditure this Durga Puja

Oct 04, 2016, at 09:56 pm

Mumbai, Oct 4 (IBNS): Thomas Cook (India) Ltd, India’s leading integrated travel and travel related financial services company,has revealed interesting trends witnessed in Forex expenditure in the Eastern region of the country this Durga Puja.

RBI cuts repo rate to 6.25 per cent at its latest policy review

Oct 04, 2016, at 09:45 pm

Mumbai, Oct 4 (IBNS): The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), on Tuesday, decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.5 per cent to 6.25 per cent with immediate effect.

Indian markets end in positive territory on Monday, awaits new governor's policy review

Oct 04, 2016, at 03:21 am

Mumbai, Oct 3 (IBNS): The Indian markets rebounded on Monday with Sensex up 377.33 points at 28243.29 and Nifty up 126.95 points at 8738.10 based on a mix of inputs, including positive cues from global markets, according to media reports.

Nissan India's sales growth continues in second quarter

Oct 04, 2016, at 12:53 am

New Dlhi, Oct 3 (IBNS): Nissan Motor India Pvt. Ltd. reported domestic sales of 4,948 vehicles in September 2016 versus 2,616 units a year ago in September 2015.

Etihad Airways extends reach in Africa

Oct 04, 2016, at 12:43 am

Abu Dhabi, Oct 3 (IBNS): Etihad Airways, the national airline of the United Arab Emirates, continues to build its presence in Africa through a new codeshare agreement with Kulula, South Africa's low cost carrier.

Spicejet launches new flights from Guwahati to Silchar and Aizwal

Oct 04, 2016, at 12:34 am

Guwahati, Oct 3 (IBNS): Assam Chief Minister Sarbananda Sonowal has announced directs flights introduced by Spicejet airline on the Guwahati-Silchar and Guwahati-Aizwal routes in a programme held at Guwahati on Monday.

Informal trade or smuggling rampant in India-Pak trade: ASSOCHAM Paper

Oct 03, 2016, at 11:19 pm

New Delhi, Oct 3 (IBNS): Informal trade or putting it bluntly, smuggling of goods, between India and Pakistan is estimated at over USD five billion, almost double the official two-way commerce between the two neighbours with history of chequered ties, an ASSOCHAM study has pointed out.

Vodafone launches SuperNet 4G in Rajkot, Morbi

Oct 03, 2016, at 11:04 pm

Rajkot, Oct 3 (IBNS): Vodafone India, one of India’s leading telecommunication services providers, on Monday announced the launch of its Vodafone SuperNet 4G service in Rajkot and Morbi, amongst the fastest developing cities of Gujarat. The launch in Rajkot & Morbi follows the successful launch of Vodafone SuperNetTM 4G services in Surat, Gandhidham and Bhuj recently. Vodafone 4G services will be rolled out across more locations Gujarat over the next few months.

Mitsubishi Electric extends its agreement with The NorthCap University for student training

Oct 03, 2016, at 10:21 pm

New Delhi, Oct 3 (IBNS): It was a day of honour for The NorthCap University, Gurgaon, a premier university in Delhi-NCR region, when it signed an MoU to extend its agreement with Mitsubishi Electric India Private Limited to provide Mitsubishi Electric FA training equipment for demonstration, learning and training of students and faculty at NCU.

Cinepolis opens 5-screen multiplex at The Grand Venice Mall in Greater Noida

Oct 03, 2016, at 09:47 pm

New Delhi, Oct 3 (IBNS): Cinépolis, India’s 1st international and world’s 4th largest movie theatre chain, has opened its 5-screen multiplex at The Grand Venice Mall in Greater Noida on Monday.

Hyundai Motor India September cumulative sales up by 4.7 %

Oct 03, 2016, at 09:31 pm

New Delhi, Oct 3 (IBNS): Hyundai Motor India Ltd, car manufacturer and passenger car exporter, on Monday said it has registered the domestic sales of 42,605 units and exports of 16,606 with cumulative sales of 59,211 units for the month of September 2016.

Over 2 million users logged into Snapdeal during the first hour of sale

Oct 03, 2016, at 03:40 am

New Delhi, Oct 21 (IBNS): More than 2 million users logged into Snapdeal during the first hour of sale to quickly lock into the plethora of great deals on offer, the online market place said on Sunday.

Flipkart's Big Billion Days sale kick starts today

Oct 02, 2016, at 08:30 pm

Bengaluru, Oct 2 (IBNS: Kick-starting day one of 'The Big Billion Days', Flipkart on Sunday announced that it sold over half a million products within one hour on Day 1 of the sale.

Maruti Suzuki registers 31 pct growth in September passenger vehicle sales

Oct 02, 2016, at 01:35 am

New Delhi, Oct 1 (IBNS): Passenger vehicles manufacturer Maruti Suzuki India Limited on Saturday said it sold a total of 149,143 units in September 2016, growing 31.1% over the same period of last fiscal.

SBI extends chairperson Arundhati Bhattacharya's term by one year

Oct 02, 2016, at 01:23 am

Mumbai, Oct 1 (IBNS): State Bank of India has extended its chairperson Arundhati Bhattacharya's term by one year, media reports said.

Tata Motors records sales growth of 8% in September 2016

Oct 02, 2016, at 01:02 am

Mumbai, Oct 1 (IBNS): Tata Motors on Saturday said passenger and commercial vehicle sales (including exports) in September 2016 were at 48,648 vehicles, a growth of 8%, over 45,215 vehicles sold in September 2015.

CII launches 'Phenk Mat Mumbai'

Oct 02, 2016, at 12:22 am

Mumbai, Oct 1 (IBNS): Confederation of Indian Industry (CII) along with Club Mahindra launched a special campaign, 'Phenk Mat Mumbai' with a vision to make umbai litter free and clean.

Toyota Kirloskar Motor Registers 6% Growth in Domestic Sales September 2016

Oct 01, 2016, at 11:43 pm

Bangalore, Oct 1 (IBNS): In the month of September 2016, Toyota Kirloskar Motor on Saturday said it sold a total of 12,067 units in the domestic market thereby registering a 6% growth when compared to the same period last year. In addition, the company exported 1100 units of the Etios series.

Black money worth Rs. 65,250 crore disclosed under Income Declaration Scheme : Arun Jaitley

Oct 01, 2016, at 09:55 pm

New Delhi, Oct 1 (IBNS) : The Income Declaration Scheme of the Centre has so far yielded disclosure of Rs 65,250 crore untaxed money, Union Finance Minister Arun Jaitley said on Saturday.

Rs 65,250 crore declared: Jaitley

Oct 01, 2016, at 09:36 pm

New Delhi, Oct 1 (IBNS): Indian Finance Minister Arun Jaitley on Saturday said under the centre's Income Declaration Scheme Rs. 65,250 crore, in black or untaxed money, has been disclosed so far.

Metro unveils festive offers across India

Oct 01, 2016, at 04:26 am

Bengaluru, Sept 30 (IBNS): The festive season begins with a bang for business customers across India, as Metro Wholesale introduced a slew of festive Navratri, Dussehra and Puja offers.

Etihad Airways flies flag of excellence at World Travel Awards

Oct 01, 2016, at 04:13 am

Dubai, Sept 30 (IBNS): Airlines major Etihad Airways has been named The Middle East’s Leading Airline at the World Travel Awards Middle East, representing a decade of dominance in the category, and one of four accoladescollected during a ceremony at The St. Regis Dubai.