Uber expands footprint in India, launches in 7 new cities

Jul 01, 2015, at 10:15 pm

Kolkata, July 1 (IBNS): Uber has expanded its footprint in the Indian market with the simultaneous launch in 7 new cities-Bhubaneswar, Coimbatore, Indore, Mysore, Nagpur, Surat and Visakhapatnam.

UAE based oil firm consolidates east African presence with acquisition of Essar Petroleum East Africa

Jul 01, 2015, at 10:15 pm

Sharjah, July 1 (IBNS): Gulf Petrochem Group on Wednesday announced the official acquisition and name change of Essar Petroleum East Africa Ltd to ASPAM Energy (Kenya) Ltd.

Mahindra's Auto Sector sells 36,134 units during June 2015

Jul 01, 2015, at 10:14 pm

Mumbai, July 1 (IBNS): Mahindra & Mahindra Ltd. (M&M Ltd.), India's leading SUV manufacturer, on Wednesday announced its auto sales numbers which stood at 36,134 units during June 2015 as against 38,466 units during June 2014.

Honda Cars India registers 13% growth in domestic sales in June 2015

Jul 01, 2015, at 08:18 pm

New Delhi, July 1 (IBNS): Honda Cars India Ltd. (HCIL), a manufacturer of premium cars in India, registered monthly domestic sales of 18,380 units in June 2015 against 16,316 units in the corresponding month last year, registering a growth of 13%.

World must prioritize social protection as primary development tool, urge UN and World Bank

Jul 01, 2015, at 06:05 pm

New York, July 1 (IBNS) Now it is time for universal social protection to ensure no one is left behind, the heads of the International Labour Organization and the World Bank declared today, noting that universal primary education became a Millennium Development Goal (MDG) in 2000, and 12 years later, the United Nations General Assembly adopted a resolution endorsing universal health coverage.

USAID to assist IIFCL raise $665 million

Jul 01, 2015, at 04:00 am

New Delhi, June 30 (IBNS): In an effort to scale up India's renewable energy capacity, the U.S. Agency for International Development (USAID) on Tuesday signed a memorandum of understanding (MOU) with IIFCL Asset Management Company Ltd. (IAMCL) to provide technical assistance for increasing investment in renewable energy in the country by $665 million.

Index of Eight Core Industries stands at 178.6 in May

Jul 01, 2015, at 03:01 am

New Delhi, June 30 (IBNS) The combined Index of Eight Core Industries stands at 178.6 in May, 2015, which was 4.4 % higher compared to the index of May, 2014, official data said on Tuesday.

AirAsia India introduces red carpet

Jul 01, 2015, at 02:38 am

Bengaluru, June 30 (IBNS): AirAsia India announced its latest service, Red Carpet which is aimed to offer further convenience and comfort options to passengers.

MedPlus launches 'Click. Pick. Save.' service in Kolkata

Jul 01, 2015, at 02:35 am

Kolkata, June 30 (IBNS): MedPlus, a pharmacy retailers with over 1300 stores spread across 12 states, on Tuesday announced the launch of their innovative e-commerce service 'Click, Pick. Save.' in Kolkata.

Village Financial Services starts operation in Jharkhand

Jul 01, 2015, at 02:00 am

Kolkata, June 30 (IBNS): Village Financial Services Pvt Ltd (VFS) announces commencement of its operations in Jharkhand.

Idea enlivens the beauty of Kolkata through #ThinkYellowThinkIdea Campaign

Jul 01, 2015, at 01:51 am

Kolkata, June 30 (IBNS): Continuing with its efforts to acknowledge and gratify its subscribers through innovative and engaging platforms, Idea Cellular, a telecom operator in the country, announced the winners of the #ThinkYellowThinkIdea contest that it recently conducted for its Facebook fans and followers from Kolkata.

Sensex closes 135 points up, Nifty rises 50 points

Jun 30, 2015, at 11:12 pm

Mumbai, June 30 (IBNS): Amid the Greece crisis, the Sensex closed 135 points up on Tuesday.

BlaBlaCar partners with IRCTC to offer city-to-city car ride sharing services

Jun 30, 2015, at 10:04 pm

New Delhi, June 30 (IBNS) BlaBlaCar and IRCTC have entered into advertising partnership to offer more travel options across India.

Polycom appoints new reseller, Inspira

Jun 30, 2015, at 09:18 pm

Hyderabad, June 30 (IBNS) Polycom, Inc. on Tuesday announced the appointment of new reseller, Inspira Enterprise India Pvt Ltd, to further strengthen the company’s market outreach for its industry-leading collaboration solutions and services offerings in India.

Airbus Defence and Space CEO meets PM Modi

Jun 30, 2015, at 07:40 pm

New Delhi, June 30 (IBNS) : Bernhard Gerwert, CEO, Airbus Defence and Space, called on Prime Minister Narendra Modi on Tuesday.

New UNESCO report finds some $2.3 billion required to send children to school in war-torn countries

Jun 30, 2015, at 03:41 pm

New York, June 30 (IBNS) It will cost $2.3 billion to send to school the 34 million children and adolescents of conflict–affected countries who are currently not attending educational institutions, which is 10 times the amount being received from humanitarian aid now, the United Nations Educational, Scientific and Cultural Organization (UNESCO) said in a new report released today.

Emami introduces Zandu Gel Balm Junior

Jun 30, 2015, at 05:05 am

Kolkata, June 29 (IBNS): With competitive lifestyle and stress taking a toll on kids’ well-being, Emami Ltd has launched Zandu Gel Balm Junior, a mild but effective multi-purpose remedy in hand to relieve kids from pain and helping them to lead a healthy and active life.

Infosys Finacle launches financial and business management solution for small and medium enterprise customers of banks

Jun 30, 2015, at 02:40 am

Bangalore, June 29 (IBNS): Infosys, a global leader in consulting, technology, outsourcing and next-generation services, on Monday announced the launch of the Finacle SME Enable to help banks enhance support and service for their small and medium business enterprise (SME) customers.

MAN Diesel & Turbo to acquire Indian steam turbine specialist MaxWatt Turbines Pvt. Ltd.

Jun 30, 2015, at 02:28 am

Bangalore /Kolkata, June 29 (IBNS) : MAN Diesel & Turbo SE a wholly owned subsidiary of MAN SE, acquired 100% of the shares of MaxWatt Turbines Pvt. Ltd., an Indian specialist company for engineering, production and service of steam turbines for applications in power generation and mechanical drives.

Aadhar Housing Finance launches a first of its kind housing finance product for the informal segment

Jun 30, 2015, at 02:14 am

Kolkata, June 29 (IBNS): Aadhar Housing Finance Limited (Aadhar), a leading low-income housing finance company, today announced the launch of its “No Income Proof Product” for the informal segment.

Indus Towers collaborates with digital empowerment foundation to open up CIRCs across India

Jun 30, 2015, at 02:07 am

Bangalore, June 29 (IBNS): Indus Towers, the world’s largest telecom tower company, in collaboration with Digital Empowerment Foundation (DEF), on Monday announced the inauguration of a Community Information Resource Center (CIRC) in Bengaluru.

Sensex closes 167 points below

Jun 29, 2015, at 11:59 pm

Mumbai, June 29 (IBNS): Amid the Greece crisis, the Sensex closed 167 points below as trading in the Indian market ended on Monday.

Idea becomes gains trust of 2 Cr customers in MP, Chhattisgarh

Jun 29, 2015, at 08:44 pm

Indore, June 29 (IBNS): Mobile operator in Madhya Pradesh and Chhattisgarh, Idea Cellular, has recorded over 2 Crore customers on its network in the region.

RBI clarifies Governor Raghuram Rajan's remarks at London

Jun 29, 2015, at 03:29 am

New Delhi, June 28 (IBNS): The Reserve Bank of India on Sunday clarified that a section of the press has mis-characterized its Governor Raghuram G. Rajan's remarks at the AQR conference at London Business School on June 25, as saying "the world is at risk of a Great Depression".

JSW Jaigarh Port signs concession agreement with Konkan Railway Corporation

Jun 28, 2015, at 10:02 pm

Mumbai, June 28 (IBNS): JSW Jaigarh Port Ltd (JSWJPL), an arm of JSW Infrastructure Limited, on Sunday announced the signing of a concession agreement with Kolkan Railway Corporation Limited (KRCL) in presence of Maharashtra CM Devendra Fadnavis and Minister of Railways Suresh Prabhu for developing a 33.7 km of new railway corridor, connecting port to the new Digni station on Konkan Rail network.

Tata Steel inaugurates the Western Corridor

Jun 28, 2015, at 04:20 am

Jamshedpur/ Kolkata, June 27 (IBNS): The 11 kms long 4-lane Western Corridor constructed by Tata Steel, was inaugurated today by Jharkhand CM Raghubar Das.

In 2015, world must 'realize great dream' of sustainable development for all - UN Economic and Social Council chief

Jun 27, 2015, at 06:13 pm

New York, June 27 (IBNS) The President of the United Nations Economic and Social Council (ECOSOC) on Friday opened the High-Level Political Forum on Sustainable Development, declaring that 2015 must be the year when the world’s people and leaders realize the dream of a new sustainability agenda.

Sony introduces premium addition to the Xperia Z3 series

Jun 27, 2015, at 04:38 am

New Delhi, June 26 (IBNS): Building on the success of its Z3 series, Sony India on Friday unveiled Xperia Z3+, the slim, sleek and stylish high-performing premium smartphone.

HDFC securities launches mobile trading app in 11 languages

Jun 27, 2015, at 03:17 am

Mumbai / Kolkata, June 26 (IBNS): HDFC securities, a subsidiary of HDFC Bank, has launched its mobile trading app in 11 different regional languages.

Sensex, Nifty close red

Jun 26, 2015, at 11:53 pm

Mumbai, June 26 (IBNS) The Indian market closed with the Sensex moving down by 84 points on Friday.