Ministry of Finance reviews, takes stock of the cash availability
Nov 13, 2016, at 03:46 am
New Delhi, Nov 12 (IBNS): The Ministry of Finance on Saturday said it has reviewed and taken stock of the cash availability and issuance to members of public.
Re-calibration of ATMs will be completed within 2 weeks: Arun Jaitley
Nov 12, 2016, at 09:52 pm
New Delhi, Nov 12 (IBNS): Union Finance Minister Arun Jaitley on Saturday said re-calibration of ATMs will be completed in 2 weeks time.
Finance Ministry is continuously monitoring currency exchange: Jaitley
Nov 12, 2016, at 09:16 pm
New Delhi, Nov 12 (IBNS): Union Finance Minister Arun Jaitley on Saturday said the Finance Ministry is continuously monitoring the currency exchange happening across the country.
Tata Steel Group posted turnover of Rs.27,471 crores for the second quarter
Nov 12, 2016, at 04:53 pm
Mumbai, Nov 12 (IBNS): Tata Steel reported its financial results for the quarter ended September 30, 2016 (Q2FY17) and half year ended September 30, 2016 (H1FY17) on Friday.
Maritime Infrastructure Developments in East and North East India
Nov 12, 2016, at 04:25 am
Kolkata, Nov 11 (IBNS): Government of India is making huge investments in the landside infrastructure and Inland Waterways which will in the near future provide excellent connectivity in East and North East India.
Demonetisation effect: Two deaths reported at Kerala Banks
Nov 12, 2016, at 02:14 am
Thiruvananthapuram, Nov 11 (IBNS): The effect of Narendra Modi's surgical strike against black money has not been as smooth as the Prime Minister had expected with two loss of lives at Kerala Banks.
Jet Airways posts INR 85 Cr profit in Q2 of FY17
Nov 12, 2016, at 12:44 am
Mumbai, Nov 11 (IBNS): Jet Airways Group on Friday announced a profitable quarter with a profit of INR 85 cr for the period ending September 30, 2016 despite a traditionally 'lean' quarter and domestic yields being under pressure.
India's factory output moves up in September
Nov 12, 2016, at 12:27 am
New Delhi, Nov 11 (IBNS): India's factory output moved up 0.7 percent in September. official data released on Friday said.
Perkins Aurangabad Engine facility inaugurated by Maharashtra Chief Minister
Nov 11, 2016, at 11:09 pm
Mumbai, Nov 11 (IBNS): Devendra Fadnavis, Chief Minister of Maharashtra, has officially inaugurated Perkins world-class engine manufacturing facility in Aurangabad, India.
Tesco Bengaluru installs e-toilets in Whitefield
Nov 11, 2016, at 11:03 pm
Bengaluru, Nov 11 (IBNS): Tesco Bengaluru, the technology and retail operations team for Tesco worldwide, inaugurated two new e-toilets at The Export Promotion Industrial Park (EPIP) in Whitefield on Thursday.
Nov 11, 2016, at 10:58 pm
Mumbai, Nov 11 (IBNS): For the benefit of pre-paid customers running out of balance, Vodafone is providing small credits on both talktime and internet. Additionally, Vodafone India has also extended the bill payment date by three days for postpaid customers in Mumbai and Delhi.
Volvo Buses unveils New Coach Range
Nov 11, 2016, at 10:40 pm
Mumbai, Nov 11 (IBNS): Volvo Buses on Friday unveiled its New Intercity Coach Range at the Busworld 2016 in Bengaluru.
Mobile payment transaction volume to rise manifold to reach 153 billion by FY22: Study
Nov 11, 2016, at 10:26 pm
Mumbai, Nov 11 (IBNS): The mobile payment transaction volume in India is likely to witness exponential compounded annual growth rate (CAGR) of over 90 per cent to reach 153 billion by FY 2022 as against a meagre about 3 billion in FY 2016, noted a recent ASSOCHAM-RNCOS joint study.
OYO ramps up presence in Varanasi to serve travellers attending Dev Deepavali celebrations
Nov 11, 2016, at 10:21 pm
New Delhi, Nov 11 (IBNS): OYO – India’s largest network of branded hotels – has expanded its presence in Varanasi to cater to the extra demand on the occasion of Dev Deepavali and Kartik Purnima.
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.