Indian benchmark indices lose more than one per cent on Tuesday
Feb 09, 2016, at 11:37 pm
Mumbai, Feb 9 (IBNS) The Indian benchmark indices dipped more than one per cent for the second consecutive day on Tuesday largely due to weak global cues, lack of interest from institutional investors and disappointing performance by IT and metal stocks.
Emerging markets affect Dr Reddy's Laboratories' December quarter performance
Feb 09, 2016, at 11:04 pm
Hyderabad, Feb 9 (IBNS) Dr Reddy's Laboratories Ltd announced its consolidated financial results on Tuesday for the quarter ended December 31, 2015, where it posted consolidated revenue of ₹39.7 billion, up 3 per cent from the same period in 2014, largely because the healthy performance in North America Generics (NAG), Europe and India were partially offset by emerging markets, which were impacted by unfavorable macro-economic conditions.
India in the driver's seat in global milk product sector
Feb 09, 2016, at 10:22 pm
New Delhi, Feb 9 (IBNS) Union Agriculture minister Radha Mohan Singh, while inaugurating the Kalki Bhawan and Narmada Hostel of National Dairy Research Institute, Karnal, Haryana, on Tuesday, said that India stands first in the global milk product sector following a record 6.3 per cent increase in milk production compared to the global average of 2.2 per cent increase.
Globsyn Business School holds its 12th Annual Convocation
Feb 09, 2016, at 08:58 pm
Kolkata, Feb 9 (IBNS): Globsyn Business School (GBS) on Sunday held its 12th Annual Convocation in Kolkata.
Bandhan Bank launches International Debit Card and NRI Banking
Feb 09, 2016, at 07:17 pm
Kolkata, Feb 9 (IBNS): Bandhan Bank, one of the two newly set up banks in India, Tuesday announced here that it will offer VISA International Debit Cards to its customers.
Global crude oil price of Indian Basket was US$ 31.06 per bbl on Monday
Feb 09, 2016, at 06:51 pm
New Delhi, Feb 9 (IBNS) The international crude oil price of Indian Basket, as computed/published on Tuesday by Petroleum Planning and Analysis Cell (PPAC), Ministry of Petroleum and Natural Gas, was US$ 31.06 per barrel (bbl) on Monday.
GlaxoSmithKline Consumer Healthcare Ltd records 7% growth for Q3
Feb 09, 2016, at 01:19 am
New Delhi, Feb 8 (IBNS) GlaxoSmithKline Consumer Healthcare Limited on Monday declared its financial results for the third quarter ended Dec 31.
Tata Power's generation capacity stands at 9036 MW, generates 11934 MUs in Q3FY16
Feb 09, 2016, at 12:58 am
Kolkata, Feb 8 (IBNS): Tata Power, India's largest integrated power company, announced that the company generated 35093 Million Units (MUs) of power, collectively from all its power plants in the year 2015-2016, year to date and 11934 MUs in Q3FY16.
Feb 09, 2016, at 12:51 am
Bangalore, Feb 8 (IBNS): India's leading home services provider Housejoy brings true joy to Apple users with the launch of its iOS version of the app.
Indian benchmark indices close at a loss on Monday
Feb 09, 2016, at 12:36 am
Mumbai, Feb 8 (IBNS) The Indian benchmark indices, Sensex and Nifty, which traded flat on Monday, finally slumped over one per cent to close at 24287.42 and 7,387.25, respectively, on the back of heavy selling in the European markets and poor performance by some leading Indian stocks.
Net Neutrality: TRAI says no to differential pricing
Feb 08, 2016, at 11:16 pm
New Delhi, Feb 8 (IBNS): The Telecom Regulatory Authority of India (TRAI) on Monday issued the 'Prohibition of Discriminatory Tariffs for Data Services Regulations, 2016', which disallows service providers to offer or charge discriminatory tariffs for data services on the basis of content being accessed by a consumer.
TCS recognized as a leader in manufacturing service life-cycle management by IDC Marketscape
Feb 08, 2016, at 11:01 pm
Mumbai, Feb 8 (IBNS): Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, on Monday announced that it has been recognized as a ‘Leader’ in the IDC MarketScape, "Worldwide Manufacturing Service Life-Cycle Management SI/BPO Vendor Assessment," (doc# MI259305, September 2015) report.
Gujarat NRE Coke Ltd allots shares to banks
Feb 08, 2016, at 10:45 pm
Kolkata, Feb 8 (IBNS): Gujarat NRE Coke Ltd (GNCL), on receipt of requisite approvals, has allotted 25,28,15,066 equity shares of Rs. 10 each at Rs. 11.03 (including a premium of Rs. 1.03 per equity share) to State Bank of India, Tamilnad Mercantile Bank Limited and Syndicate Bank .
Airasia teams with HDFC Bank, offers promo fares
Feb 08, 2016, at 08:02 pm
Mumbai, Feb 8, (IBNS) AirAsia is offering a new exclusive fare in association with Indian private bank, HDFC Bank.
The RBI cancels certificate of registration of four NBFCs
Feb 08, 2016, at 07:53 pm
Mumbai, Feb 8 (IBNS) The Reserve Bank of India (RBI) on Monday said that it has cancelled the certificate of registration of four non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.
Global crude oil price of Indian Basket was US$ 31.06 per bbl on Friday
Feb 08, 2016, at 05:50 pm
New Delhi, Feb 8 (IBNS) The international crude oil price of Indian Basket--as computed/published on Monday by the Petroleum Planning and Analysis Cell of Petroleum and Natural Gas ministry--was US$ 31.06 per barrel (bbl) on Feb 5, 2016, lower than US$ 31.66 per bbl published on Feb 4.
Wipro celebrates five years of Wipro earthian
Feb 07, 2016, at 02:21 am
Bangalore, Feb 6 (IBNS): Wipro Ltd, a leading global information technology, consulting and business process services company, on Saturday celebrated with the winning teams, the fifth edition of Wipro earthian program.
Jet Airways declares highest ever quarterly profit of INR 467 crores IN Q3 of FY16
Feb 07, 2016, at 02:07 am
Mumbai, Feb 6 (IBNS) Jet Airways group on Saturday announced a strong financial performance with record profits of INR 467 crores for the third quarter ending December 31, 2015 compared to INR 29 crores in Q3FY15, providing further evidence of the growing momentum of its turnaround programme.
Buyback of WPI-Linked Inflation Indexed Bond by GoI
Feb 06, 2016, at 06:09 pm
Mumbai, Feb 6 (IBNS) The Government of India (GoI) has announced the repurchase of “1.44 per cent Inflation Indexed Government Stock-2023†through reverse auction for an aggregate amount of Rs 6,500 crore (face value).
SEBI grants licence to Mahindra Mutual Fund
Feb 06, 2016, at 04:24 am
New Delhi, Feb 5 (IBNS): Mahindra Finance on Friday announced that its wholly owned subsidiary, Mahindra Asset Management Company Private Limited, has received a license to manage the Mahindra Mutual Fund.
Ola celebrates its first anniversary in Patiala
Feb 06, 2016, at 02:45 am
Patiala, Feb 5 (IBNS): Ola, India’s leading mobile app for transportation, celebrates its first anniversary in Patiala.
Bajaj Auto introduces CT 100B to expand the 100cc motorcycle segment
Feb 06, 2016, at 02:40 am
Pune, Feb 5 (IBNS) : Bajaj Auto has launcheda new variant of the highly appreciated CT100, theCT100B.
Bosch Limited registers 12.8 pct growth in net sales and income
Feb 06, 2016, at 02:03 am
Kolkata / Bangalore, Feb 5 (IBNS): Bosch Limited, a leading supplier of technology and services, posted net sales and income from operations of INR 2,651 crores in Quarter 3 of FY 2016, registering a 12.8 percent increase over the same period of the previous year.
Jaguar Land Rover secures six nominations at World Car Awards
Feb 06, 2016, at 12:52 am
Whitley, UK, Feb 3 (IBNS) Jaguar Land Rover has secured an impressive six nominations at the World Car Awards, including two for the ultimate prize.
Whirlpool's Q3 profit jumps 39 pct, revenue up 13 pct
Feb 06, 2016, at 12:40 am
Kolkata, Feb 5 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation, on Friday announced strong operating results for the third quarter of 2014-15.
Feb 05, 2016, at 10:10 pm
Mumbai, Feb 5 (IBNS) YES Bank on Friday said it has joined hands with the Indian Railways to provide safe and clean drinking water at Railway station by setting up 1000 community water purification systems across India by 2019.
Strong buying in pharma, banking and other stocks boost Indian benchmark indices on Friday
Feb 05, 2016, at 10:09 pm
Mumbai. Feb 4 (IBNS) The Indian benchmark indices ended Friday in the positive territory on the back of strong buying in pharma or healthcare, banking, metal and auto stocks.
Food price index starts 2016 dropping to nearly 7-year low - UN agency
Feb 05, 2016, at 02:41 pm
New York, Feb 5 (Just Earth News/IBNS) The global Food Price Index, calculated by the United Nations Food and Agriculture Organization (FAO) on a monthly basis, fell in January, slipping 1.9 percent below its level in the last month of 2015, as prices of all the commodities it tracks dropped, sugar in particular.
John Abraham to be brand ambassador for Nissan's leading models in India
Feb 05, 2016, at 04:19 am
New Delhi, Feb 4 (IBNS): Nissan on Thursday announced John Abraham as the company's new brand ambassador for its models to be launched in India, starting with the GT-R sportscar and the X-Trail Hybrid SUV.
BSE Institute Ltd announces launch of new zone for startups
Feb 05, 2016, at 04:04 am
Mumbai, Feb 4 (IBNS): BSE Institute Ltd, a wholly owned subsidiary of BSE Ltd, announced the launch of a new accelerator for startups.