Franklin Templeton India to launch Multi-Asset Solution Fund
Nov 07, 2014, at 02:14 am
New Delhi, Nov 6 (IBNS): Fund house Franklin Templeton Investments (India), is launching an open end fund-of-funds scheme called Franklin India Multi- Asset Solution Fund (FIMAS).
GVK BIO signs definitive agreement to acquire Vanta Bioscience
Nov 06, 2014, at 10:40 pm
Kolkata, Nov 6 (IBNS): Discovery Research and Development organization, GVK BIO, has announced the signing of a definitive agreement to acquire Vanta Bioscience, a full service preclinical GLP toxicology and safety assessment contract research organization operating out of Chennai in India.
Mahindra Insurance declared "Broker of the Year"
Nov 06, 2014, at 09:25 pm
New Delhi, Nov 6 (IBNS) : Mahindra Insurance Brokers Ltd. (MIBL), part of India's USD 16.5 billion Mahindra Group, was conferred the "Broker of The Year" award at the 18th Asia Insurance Industry Awards (AIIA) held in Taipei, Taiwan.
Infosys to hire over 2,100 in US, including 600 Graduates
Nov 06, 2014, at 08:57 pm
Bangalore/California, Nov 6 ((IBNS): Infosys, a global leader in consulting, technology, outsourcing and next-generation services, on Thursday announced a major recruitment drive in the US to support the growth of its business and enhance its capabilities.
UN official calls for economic diversification for Asia's landlocked developing countries
Nov 06, 2014, at 07:44 pm
New York, Nov 6 (IBNS): Asia's landlocked developing countries (LLDCs) need a stable investment-friendly and competitive macro-economic policy framework, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said Tuesday, calling for action to promote economic diversification in order to reduce volatility of economic and export growth.
Burkina Faso: UN chief calls for country’s quick return to democratic process
Nov 06, 2014, at 07:38 pm
New York, Nov 6 (IBNS): As a joint United Nations and African diplomatic mission continues its consultations with Burkinabé stakeholders amid a constitutional crisis in the West African country, Secretary-General Ban Ki-moon Wednesday reiterated his call for dialogue and voiced hope for Burkina Faso’s speedy return to a democratic process, a United Nations spokesperson has confirmed.
UN warns of economic hardship in Ebola-hit countries as World Bank agrees finance package
Nov 06, 2014, at 07:25 pm
New York, Nov 6 (IBNS): As the United Nations warned that the Ebola outbreak is deepening the socio-economic challenges faced by the hardest hit countries in West Africa, the World Bank's private sector arm, the International Finance Corporation (IFC), announced a package of some $450 million in commercial financing that will enable trade, investment, and employment in Guinea, Liberia and Sierra Leone.
"Stellar" opens second store in Kolkata
Nov 06, 2014, at 06:31 am
Kolkata, Nov 5 (IBNS) Furniture maker "Stellar" opened its second furniture store in Kolkata's east Topsia area on Wednesday.
Reforms are not about a few big bang ideas: Arun Jaitley
Nov 06, 2014, at 05:38 am
New York, Nov 5 (IBNS) Indian Finance Minister Arun Jaitley on Wednesday said the currently the Union government is following the approach of divestment rather than outright privatization.
Tata Docomo introduces monthly prepay data packs
Nov 06, 2014, at 04:56 am
Hyderabad, Nov 5 (IBNS): Tata Docomo, the unified telecom brand of Tata Teleservices Ltd., on Wednesday announced the launch of a 'Monthly data packs' starting at Rs 31, for prepay GSM customers in Andhra Pradesh and Telangana.
GlaxoSmithKline records 11% growth for Q2
Nov 06, 2014, at 04:31 am
New Delhi, Nov 5 (IBNS): GlaxoSmithKline Consumer Healthcare Limited on Wednesday declared its financial results for the second quarter ended September 30, 2014.
SAIL receives SCOPE Meritorious Award
Nov 06, 2014, at 04:05 am
New Delhi, Nov 5 (IBNS): Steel Authority of India Limited (SAIL), country’s leading steel-making company and a 'Maharatna' Public Sector Enterprise has won the prestigious SCOPE Meritorious Award for Environment Excellence & Sustainable Development.
Pioneer India launches 'HDJ-500' headphones
Nov 06, 2014, at 03:51 am
New Delhi/Kolkata, Nov 5 (IBNS): In-car entertainment systems company Pioneer India Electronics has launched Pioneer HDJ- 500, a sleek headphone.
Ezetap, Microsoft partner to launch POS payment solution on Windows devices
Nov 06, 2014, at 03:35 am
Bangalore /Kolkata, Nov 5 (IBNS): Ezetap has launched Point of Sale (POS) payment solution on Windows devices.
Colgate reports 12% increase in 1H net sales
Nov 06, 2014, at 01:12 am
Mumbai, Nov 5 (IBNS): Colgate-Palmolive (India) Limited on Wednesday reported net sales of Rs. 1,944.2 crore for the half year ended September 30, 2014, a 12% increase over the same period of the previous year.
ICICI Group contributes Rs 12 cr to PM's National Relief Fund
Nov 06, 2014, at 01:06 am
New Delhi, Nov 5 (IBNS): ICICI Group on Wednesdat made a contribution of Rs 12 crore towards the 'Prime Minister's National Relief Fund' for the people affected by the natural calamities in Jammu & Kashmir, Assam, Meghalaya and Andhra Pradesh.
Nov 06, 2014, at 01:02 am
Mumbai, Nov 5 (IBNS): L&T Infotech, a global provider of information technology services and solutions and a wholly-owned subsidiary of the USD 14.3 billion Larsen & Toubro (L&T), on Wednesday announced that Gartner, Inc. has positioned L&T Infotech as a 'Challenger' in its 'Magic Quadrant for Oracle Application Management Service Providers, Worldwide' report, dated October 16, 2014, authored by Gilbert van der Heiden, Frances Karamouzis and Ian Marriott.
Sanjay Baweja appointed as Flipkart's Chief Financial Officer
Nov 05, 2014, at 08:31 pm
Bengaluru, Nov 5 (IBNS): India's leading e-commerce marketplace, Flipkart.com, Wednesday announced that it has appointed Sanjay Baweja, as its Chief Financial Officer (CFO).
Bull run in Indian bourses, BSE, Nifty touch record high
Nov 05, 2014, at 05:47 pm
Mumbai, Nov 5 (IBNS): In a strong bull run on Wednesday, the BSE Sensex rose above 28,000 for the first time ever while the 50-share Nifty also hit a record high in morning trade.
Private sector can boost growth in landlocked developing countries – senior UN official
Nov 05, 2014, at 03:21 pm
New York, Nov 5 (IBNS) Private sector engagement is key to accelerating development in the world’s 32 landlocked developing countries (LLDCs), said delegates attending an event in the margins of the Second United Nations Conference on LLDCs, currently underway in Vienna, Austria.
Berger Paints announces results for quarter ending on Sept 30
Nov 05, 2014, at 05:16 am
New Delhi, Nov 4 (IBNS): Berger Paints on Tuesday announced its consolidated results for the quarter ended on 30th September where its net sales and other operating income was Rs. 1104 crores as against Rs.966 crores in the corresponding quarter of the last year representing an increase of 14% over the corresponding period of last year.
Sanofi Pasteur publishes results of final landmark phase III clinical efficacy study
Nov 05, 2014, at 04:21 am
Lyon, France, Nov 4 (IBNS): Sanofi Pasteur, the vaccines division of Sanofi, on Tuesday announced the publication of the detailed results of the final landmark phase III clinical efficacy study in Latin America in The New England Journal of Medicine.
RB India launches Dettol Multi-Use Wipes
Nov 05, 2014, at 04:18 am
Kolkata, Nov 4 (IBNS): As the global leader in consumer health and hygiene, RB (formerly called Reckitt Benckiser), on Tuesday announced the launch of Dettol Multi-Use Wipes.
Blumerq launches AW'14 collection inspired by MOD Style
Nov 05, 2014, at 04:17 am
Bangalore, Nov 4 (IBNS): Blumerq, a trendy casual wear clothesline for men with over 350 stores nationwide, unveiled its winter collection, offering a wide range of options in t-shirts, polos, shirts and bottoms for fashion lovers.
Infosys helps Fayetteville Public Works Commission improve customer experience
Nov 05, 2014, at 03:37 am
Bangalore/Fayetteville, North Carolina, Nov 4 (IBNS): Consulting, technology, outsourcing and next generation service providers Infosys on Tuesday announced that it is helping Fayetteville Public Works Commission (FPWC) become more customer centric, operationally efficient, agile and smart grid ready.
Travelport, AirAsia India sign distribution agreement
Nov 05, 2014, at 01:14 am
New Delhi/Singapore, Nov 4 (IBNS): Travelport, a leading Travel Commerce Platform providing distribution, technology, payment and other solutions for the $7 trillion global travel and tourism industry, on Tuesday announced a new distribution agreement with AirAsia India which will see the carrier distribute all of its fares and ancillary services through Travelport’s Travel Commerce Platform.
Esprit selects Mindtree as strategic IT partner
Nov 05, 2014, at 01:10 am
Ratingen (Germany)/Bangalore (India), Nov 4 (IBNS): Mindtree, a global technology services company, on Tuesday announced that it is working with international fashion brand Esprit to deliver IT solutions that will make Esprit more competitive.
Jet Airways introduces additional frequencies from Mumbai to Far East
Nov 05, 2014, at 12:54 am
Mumbai, Nov 4 (IBNS): International airline Jet Airways has enhanced its global connectivity with the introduction of additional frequencies from Mumbai to Far East and the gulf region.
ICICI Bank inaugurates 100th branch in Odisha
Nov 05, 2014, at 12:53 am
Bhubaneswar, Nov 4 (IBNS): Private sector bank ICICI Bank Ltd on Tuesday announced the inauguration of its 100th branch in Odisha.
L&T Technology Services and Tele2 announce strategic M2M/IoT partnership
Nov 04, 2014, at 07:29 pm
Mumbai/Stockholm, Nov 4 (IBNS) L&T Technology Services, a wholly owned subsidiary of Engineering major, Larsen & Toubro, announced Tuesday that it has partnered with Europe based telecom operator Tele2 to jointly develop solutions around Machine-to-Machine (M2M) and Internet of Things (IoT).