Exim Bank extends line of credit to Tanzania govt
Jun 26, 2015, at 11:06 pm
New Delhi, June 26 (IBNS) Export-Import Bank of India (Exim Bank) has extended additional Line of Credit (LOC) to the Government of the United Republic of Tanzania, of USD 268.35 million for financing the extension of Lake Victoria pipeline to Tabora, Igunga and Nzega in Tanzania.
Jun 26, 2015, at 09:15 pm
Hyderabad, June 26 (IBNS) Polycom, Inc. on Friday announced that it had been named "Video Conferencing Vendor of the year 2015" by Frost & Sullivan at their annual India ICT Awards ceremony.
'Business can be a global force for good,'Bans says as General Assembly honours UN Global Compact
Jun 26, 2015, at 01:55 pm
New York, June 26 (IBNS) The business community and the private sector can make a difference as United Nations Member States are in the process of formulating a new sustainability agenda, Secretary-General Ban Ki-moon on Thursdaysaid at the General Assembly, which was meeting to celebrate the 15th anniversary of the UN Global Compact.
Aid efforts for Syrian refugees imperilled by 'staggering' $3 billion funding gap – UN
Jun 26, 2015, at 01:52 pm
New York, June 26 (IBNS) Humanitarian and development efforts targeting millions of Syrian refugees are at risk of collapsing due to a severe funding crisis, the United Nations refugee agency (UNHCR) warned on Thursday.
Jun 26, 2015, at 04:57 am
New Delhi, June 25 (IBNS): Bharti Enterprises on Thursday said that it has acquired a strategic minority stake in OneWeb, which issupported by a global consortium with an aim to provide affordable internet access to all.
Tata Motors announces top 20 lucky winners of 'The Chosen Ones' campaign
Jun 26, 2015, at 04:42 am
Kolkata/Mumbai, June 25 (IBNS): Tata Motors has announced the results of 'The Chosen Ones' campaign, which closed on June 18. Through this campaign, the company presented an exciting opportunity to 20 lucky GenX Nano customers to win an all-expense paid trip to Sanand and witness their Nano roll-off the assembly line.
METRO Cash & Carry's anniversary sale commences today
Jun 25, 2015, at 11:44 pm
Kolkata, June 25 (IBNS): METRO Cash & Carry's commenced it Anniversary Sale. This year the wholesaler celebrates 12 years of its presence in India with an annual Anniversary Sale that will run for a total of 46 days, from June 25 to Aug 9.
New UN report finds drop in global foreign direct investment in 2014
Jun 25, 2015, at 05:22 pm
New York, June 25 (IBNS) Global foreign direct investment (FDI) declined in 2014 but flows to developing countries actually reached their highest level ever, says a new United Nations report released on Wednesday that also calls for systematic reform of the current international investment agreement regime.
Down To Earth analysis of India's agrarian crisis warns of severe economic fallouts in report
Jun 25, 2015, at 03:51 am
New Delhi, June 24 (IBNS): While India is facing an agrarian crisis of an unprecedented scale, entire rural India, which comprises of 60 per cent of the country’s population, is struggling with it.
Axis Bank launches Secure+ debit card
Jun 25, 2015, at 03:08 am
Mumbai, June 24 (IBNS) Private sector bank Axis Bank on Wednesday announced the launch of Secure+, an EMV chip based debit card that offers best in class security by safeguarding the customer’s wallet - including Axis Bank and other bank cards held by the customers.
DHFL launches a 'DHFL Wealth2Health'
Jun 25, 2015, at 03:07 am
New Delhi, June 24 (IBNS): Housing finance company DHFL on Wednesday announced the launch of ‘DHFL Wealth2Health’, a product with unique combinations of Fixed Deposit and Loan-Against-Deposit along with a Wealth2Health card that will enable customers with multiple healthcare benefits.
Vedanta's first "NandGhar" inaugurated by Maneka Sanjay Gandhi
Jun 25, 2015, at 02:57 am
New Delhi, June 24 (IBNS): Union Minister of Women and Child Development ManekaSanjay Gandhi, in a first-of-its-kind Public Private Partnership, has joined hands with the Vedanta Group to develop and modernise the Anganwadi infrastructure in the country.
Skytrax names Air Arabia the Best Low-cost Airline in the Middle East
Jun 25, 2015, at 02:33 am
Kolkata: June 24 (IBNS): Air Arabia on Wednesday said it has been named the Best Low-cost Airline in the Middle East at the annual Skytrax World Airline Awards, which took place at the Paris Air Show this year.
Cabinet approves financial restructuring of ALIMCO
Jun 25, 2015, at 02:32 am
New Delhi, June 24 (IBNS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its approval for conversion of interest of Rs.39.53 crore accrued on the loan of Rs.21.82 crore provided to Artificial Limbs Manufacturing Corporation of India (ALIMCO) in Kanpur during the years 1977-78 to 2001-02 and penal interest of Rs. 12.61 crore on this amount as on 31.03.2015 that is a total of Rs.52.14 crore into equity.
Mahindra launches all new mini-truck 'Jeeto' in Mumbai
Jun 25, 2015, at 02:17 am
Mumbai, June 24 (IBNS): Mahindra & Mahindra Ltd., a part of the US $16.9 billion Mahindra Group, on Wednesday launched its all new small commercial vehicle, Jeeto in Mumbai.
Vodafone launches free 3G Data with Samsung smartphones, tablets for Mumbai
Jun 25, 2015, at 12:28 am
Mumbhai, June 24 (IBNS) Telecommunications service providers Vodafone India continued its endeavour to boost adoption of 3G data has launched an exclusive free 3G DATA offer in Mumbai.
Hyundai Elite i20 "Super Performer Brand" achieves 1 lac milestone in 11 months
Jun 24, 2015, at 10:09 pm
Mumbai, June 24 (IBNS): Hyundai Motor India Ltd, a premium vehicle manufacturer and the largest passenger car exporter, has achieved yet another milestone for the Elite i20 cumulative sales of 100,000 units in India.
IT likely to crackdown and prosecute habitual tax evaders
Jun 24, 2015, at 05:54 pm
New Delhi, June 24 (IBNS) The Income Tax department mulls a crackdown on habitual tax evaders seeking to prosecute them.
SunEdison announces completion of 1-Megawatt Canal Top Solar Project for Karnataka Govt
Jun 24, 2015, at 04:38 am
Bangalore, June 23 (IBNS): SunEdison, a renewable energy development company, on Tuesday announced the completion of a 1-megawatt DC canal top solar power plant built for Krishna Bhagya Jala Nigam Ltd (KBJNL), the Karnataka government agency responsible for the Krishna River and Dam.
METRO Cash & Carry inaugurates third wholesale outlet in Hyderabad
Jun 24, 2015, at 04:31 am
Kolkata, June 23 (IBNS): Five years after it opened its Uppal wholesale distribution centre in the city of Hyderabad, METRO Cash & Carry is all set to inaugurate its third distribution centre in Hyderabad's Shamshabad area located right off airport road.
Mahindra Lifespaces announces its foray into Bengaluru residential market
Jun 24, 2015, at 01:26 am
Bengaluru, June 23 (IBNS): Mahindra Lifespace Developers Ltd (MLDL), the real estate and infrastructure development business of the $16.9 billion Mahindra Group, marked its foray into the Bengaluru market, by announcing the launch of its premium residential project, Windchimes on Bannerghatta Main Road.
Jubilant Life Sciences receives ANDA approval for Levofloxacin Tablets
Jun 23, 2015, at 10:54 pm
New Delhi, June 23 (IBNS) Jubilant Life Sciences Ltd, an integrated global Pharmaceuticals and Life Sciences Company, has received Abbreviated New Drug Application (ANDA) final approval from the US Food and Drug Administration (US FDA) for Levofloxacin Tablets, 250mg and 500mg, the generic version of Levaquin Tablets (of Ortho-McNeil), which is used for the treatment of adults with infections such as pneumonia, bacterial sinusitis, chronic bronchitis, skin and skin structure infections, chronic bacterial prostatitis, urinary tract infections and inhalational anthrax.
Jun 23, 2015, at 10:36 pm
New Delhi, India, June 23 (IBNS) Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, will be participating in the International Banking Convention by ‘The Asian Banker’ in Bangkok, Thailand on June 24.
Sensex closes 74 points higher
Jun 23, 2015, at 09:29 pm
Mumbai, June 23 (IBNS): The Indian market closed with the Sensex moving up by 74 points on Tuesday.
SoftBank, Bharti and Foxconn to Form Joint Venture for renewable energy in India
Jun 23, 2015, at 04:42 am
New Delhi, June 22 (IBNS) Japan headquartered telecommunications and Internet major SoftBank Corp, leading Indian business conglomerate Bharti Enterprises Limited ("Bharti") and Taiwan-based top design and manufacturing services provider Foxconn Technology Group ("Foxconn"), came together with plans to form a joint venture, SBG Cleantech Limited ("SBG Cleantech") to promote the adoption of clean and safe energy in India.
Tata Power's UMPP benefits the lives of over 1000 children through Shala Pravesh Utsav in Kutch
Jun 23, 2015, at 04:34 am
Mundra, June 22 (IBNS): Tata Power, through its wholly-owned subsidiary, Coastal Gujarat Power Limited (CGPL), participated in the Shala Pravesh Utsav program organized by Government of Gujarat and Panchayat, across 42 schools of Mundra and Mandvi blocks in Kutch district which reached out to over 1000 students impacting their lives significantly.
Tata Capital named 2015 Gallup Great Workplace Award winner
Jun 23, 2015, at 04:09 am
Mumbai / Kolkata, June 22 (IBNS): Tata Capital, the financial services arm of the Tata Group, is proud to announce that it has received the 2015 Gallup Great Workplace Award.
Jun 23, 2015, at 03:06 am
Kolkata, June 22 (IBNS) Saumen Chakraborty, who is the CEO and Managing Director of INTELLISYSTechnologies &Research Pvt. Ltd, has taken over the Chairman of Electronics and Computer Software Export Promotion Council (ESC) for the period 2015-2017.
Aircel launches 'Ramzaan Mubarak Offer'
Jun 22, 2015, at 10:12 pm
Kolkata, June 22 (IBNS): Celebrating the month of Ramzaan, Aircel has launched 'Ramzaan Mubarak Offer' for the festive occasion offering voice calling and data benefits.
L&T wins orders valued Rs. 1507 Crores
Jun 22, 2015, at 10:03 pm
Mumbai, June 22 (IBNS): L&T's Metallurgical and Material Handling (L&T-MMH) business has secured new orders worth Rs. 1507 crores across various verticals.