Colgate-Palmolive reports 9-month Net Sales of Rs. 2,932.8 crore

Jan 23, 2015, at 10:30 pm

Mumbai, Jan 23 (IBNS) Colgate-Palmolive (India) Limited Friday reported Net Sales of Rs. 2,932.8 crore for the nine months ended Dec 31, 2014, a 12% increase over the same period of the previous year and Net Profit After Tax of Rs. 395.3 crore.

Central African Republic: Security Council renews sanctions amid 'continuous cycle' of violence

Jan 23, 2015, at 02:41 pm

New York, Jan 23 (IBNS) Strongly condemning the resurgence of deadly violence across the Central African Republic (CAR), the United Nations Security Council on Thursday reinvigorated its sanctions against those individuals implicated in the country’s ongoing sectarian tensions which have pushed it to the brink of all-out conflict.

Private sector, 'care economy' will be key engines of job creation for next 5 years – UN report

Jan 23, 2015, at 02:38 pm

New York, Jan 23 (IBNS)Private sector services, such as business and administrative services, and real estate, as well as related industries, will employ more than a third of the global workforce over the next five years, according to new data released by the United Nations labour agency.

Tata Motors' Hatchback Bolt launched in Kolkata

Jan 23, 2015, at 06:00 am

Kolkata, Jan 22 (IBNS): With an aim to attract young drivers, automobile manufacturer Tata Motors announced the commercial launch of its much-awaited sporty hatchback, the all-new Bolt, in east Indian city of Kolkata on Thursday.

Mahindra Holidays' total income up 6.7%

Jan 23, 2015, at 05:17 am

Mumbai, Jan 22 (IBNS) Leisure hospitality provider Mahindra Holidays & Resorts India Limited (MHRIL) has registered a total Income at Rs. 209.6 Crore, up by 6.7% on a Year-on-Year basis in the quarter ended Dec 31.

UAE Exchange India awarded with 3 prestigious awards

Jan 23, 2015, at 05:16 am

Kochi, Jan 22 (IBNS) : UAE Exchange India, market leaders in financial services, with more than 383 branches throughout India, has been honoured with 3 prestigious awards for its achievements in the financial services business.

20% less CO2 per ocean container by 2020: DB Schenker and Maersk Line sign partnership agreement

Jan 23, 2015, at 05:15 am

New Delhi, Jan 22 (IBNS): DB Schenker Logistics and Maersk Line have signed a six-year strategic agreement on reducing CO2 emissions from ocean freight.

87% see Cybersecurity skills shortage in India, says ISACA Survey

Jan 23, 2015, at 05:14 am

New Delhi, Jan 22 (IBNS) In advance of US President Barack Obama’s visit to India, which aims to boost ties in cyber security between the two countries, ISACA has released the results of its 2015 Global Cybersecurity Status Report.

Kenstar partners with Amazon to launch air conditioners

Jan 23, 2015, at 05:14 am

New Delhi, Jan 22 (IBNS) : Strengthening its foothold in the Indian market, Kenstar on Wednesday announced its foray into the Air Conditioner segment and launched a lineup of Split Air Conditioners.

SLCM ltd partners with Yoma Bank for collateral financing

Jan 23, 2015, at 05:13 am

New Delhi, Jan 22 (IBNS): SLCM Ltd., a subsidiary of Sohan Lal Commodity Management Pvt. Ltd. (SLCM), has tied up with Yoma Bank in Myanmar for collateral financing.

Bosch Limited inaugurates its sixth manufacturing plant

Jan 23, 2015, at 05:03 am

Bangalore, Jan 22 (IBNS) : Bosch, a supplier of technology and services inaugurated its sixth manufacturing unit in India at State Industries Promotion Corporation of Tamil Nadu (SIPCOT) in the state's Gangaikondan on Thursday.

Sunteck Realty to launch 4 new projects in Mumbai this quarter

Jan 23, 2015, at 04:29 am

Mumbai, Jan 22 (IBNS): Sunteck Realty Limited, Mumbai’s premier real-estate company catering to the premium and ultra premium segment in the residential and commercial space is going to launch 4 projects in Borivali, Andheri, Bandra Kurla Complex and Navi Mumbai this quarter.

Alstom to provide signaling, telecom and electrification for Kochi metro line

Jan 23, 2015, at 04:13 am

New Delhi, Jan 22 (IBNS): Alstom has been awarded two contracts worth over €65 million from Delhi Metro Rail Corporation (DMRC) to supply signaling, telecom and electrification solutions for the new Kochi metro line.

Max Life Insurance launches digital campaign for public awareness

Jan 22, 2015, at 10:38 pm

Kolkata, Jan 22 (IBNS): Max Life Insurance, one of India's leading life insurance companies, has undertaken a digital campaign named 'Second Chance' to create public awareness about the need for protection through life insurance.

Marten Pieters to step down as Vodafone India CEO; Sunil Sood to succeed

Jan 22, 2015, at 09:22 pm

Mumbai, Jan 22 (IBNS): The Board of Vodafone India Thursday announced that Marten Pieters will be standing down as Managing Director and Chief Executive of Vodafone India with effect from 1 April 2015 and will be succeeded by the Vodafone India Chief Operating Officer, Sunil Sood.

Great time for investors: Vivek Gupta on Sensex rise

Jan 22, 2015, at 06:56 pm

New Delhi, Jan 22 (IBNS) The BSE Sensex breached 29000 for first time on Thursday.

Emami acquires controlling stake in Fravin Pty Ltd., Australia

Jan 22, 2015, at 06:46 pm

Kolkata, Jan 22 (IBNS) :Emami Limited, one of the leading personal and healthcare FMCG companies in India has acquired controlling stake (66.67%) in Fravin Pty Ltd., along with it's 3 subsidiaries through Emami International FZE, a subsidiary of Emami Ltd. Fravin Pty Ltd., based in Australia has major strengths in R&D and manufacture of natural and organic personal care products.

Aircel unites India with 10p/min STD

Jan 22, 2015, at 06:01 pm

Kolkata, Jan 22 (IBNS): Aircel, one of India’s leading telecom players, Thursday launched industry’s first unlimited STD proposition – Uniting India @10p.

Sensex hits historic 29000 points

Jan 22, 2015, at 04:13 pm

Mumbai, Jan 22 (IBNS) The BSE Sensex hit a record 29,000 on Thursday as the stock markets saw a new high for the third consecutive session.

Cabinet approves road projects in J&K

Jan 22, 2015, at 02:58 am

New Delhi, Jan 21 (IBNS): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved road projects in north Indian state of Jammu and Kashmir.

Motilal Oswal Real Estate Fund invests with Shriram Properties in Bangalore

Jan 22, 2015, at 02:08 am

Bangalore, Jan 21 (IBNS): India Realty Excellence Fund II (IREF II) managed by Motilal Oswal Real Estate Investment Advisors Private Ltd has invested INR 67 Crs with Shriram Properties.

Lenovo launches news smartphone A6000

Jan 22, 2015, at 02:07 am

New Delhi, Jan 21 (IBNS): Lenovo on Wednesday introduced in India the Lenovo A6000, an affordable 4G smartphone.

Honda joins hands with Shriram Automall

Jan 22, 2015, at 01:52 am

New Delhi, Jan 21 (IBNS): Two-wheeler industry Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has announced exclusive tie-up with Shriram Automall India Limited (SAMIL), a wholly owned subsidiary of Shriram Transport Finance Company (STFC) to cater to the pre-owned 2-wheeler segment.

High-level committee for restructuring of FCI submits report to PM

Jan 21, 2015, at 11:13 pm

New Delhi, Jan 21 (IBNS) A high-level committee for restructuring of Food Corporation of India, ton Wednesday submitted its report to Prime Minister Narendra Modi, officials said.

Indian market ends at record highs

Jan 21, 2015, at 11:05 pm

Mumbai, Jan 21 (IBNS): The Indian market continued its positive run and ended at record highs on Wednesday.

Lapcare powers up the external battery market with latest and innovative product

Jan 21, 2015, at 09:23 pm

New Delhi, January 21 (IBNS)In a bid to feed today's power hungry devices, Lapcare, a leading brand in smartphone, tablet and laptop accessories and peripherals, has introduced a first of it's kind power bank, which also functions as a hard disk the Lapcare Yo! M-25.

Bourbon Offshore expands business foothold

Jan 21, 2015, at 09:12 pm

New Delhi, Jan 21 (IBNS): Bourbon Offshore Ltd., a leading French offshore major, has expanded the business foothold with two strategic partnerships.

International Monetary Fund downgrades global growth forecast, despite cheaper oil

Jan 21, 2015, at 04:17 pm

New York, Jan 21 (IBNS) Despite a sharp decline in oil prices, the International Monetary Fund (IMF) in its latest economic outlook on Tuesday lowered growth expectations for this year and the next for most countries due to slowdown in investment, and urged governments and central banks to pursue economic stimulation policies and structural reforms to boost growth.

World Bank: Worst-affected countries 'crippled' by economic impact of Ebola

Jan 21, 2015, at 04:12 pm

New York, Jan 21 (IBNS): While the Ebola epidemic shows its first signs of slowing and confidence grows about stopping the outbreak and reaching the target of zero new cases, a new World Bank Group report on economic impacts of the disease says its effects will continue to cripple the economies of hard-hit Guinea, Liberia, and Sierra Leone.

India markets opens strongly

Jan 21, 2015, at 04:05 pm

Mumbai, Jan 21 (IBNS): The Indian market opened on a strong note on Wednesday with both the BSE Sensex and the Nifty gaining points.