Bridgestone Teams up with Microsoft to innovate with an Intelligent Tyre Monitoring System for Enhanced Safety

Jun 30, 2020, at 05:29 pm

Kolkata/IBNS: Bridgestone, the world’s largest tyre and rubber manufacturer, is collaborating with Microsoft to develop a world-first monitoring system for detecting tyre damage issues in real-time.

SBI launches ‘YONO Branches’ on eve of its 65th Bank Day

Jun 30, 2020, at 05:28 pm

Mumbai/IBNS: State Bank of India, the country's largest bank, launched state-of-the-art ‘YONO Branches’ on the eve of the 65th anniversary of its Foundation Day.

HDFC Bank launches 'e-Kisaan Dhan’ App for farmers in rural India

Jun 30, 2020, at 05:25 pm

Mumbai/IBNS: HDFC Bank Ltd. on Tuesday announced the launch of its ‘e-Kisaan Dhan' app for farmers across India to access a bouquet of agricultural and banking services on their mobile.

Ola enables in-app ‘tipping’ globally, to help customers appreciate their drivers

Jun 30, 2020, at 05:19 pm

Kolkata/IBNS: Ola, India’s leading mobility platform and one of the world’s largest ride-hailing companies, has rolled out a global feature for customers to express their gratitude and independently reward drivers for going the extra mile to deliver a safe and high-quality ride experience.

Powergrid falls by 2.08 pc to Rs 174.55

Jun 30, 2020, at 04:43 pm

Mumbai/UNI:  Powergrid on Tuesday declined by 2.08 pc to Rs 174.55 a major loser in 30 scrips of Bombay Stock Exchange (BSE).

Indian Market: Sensex ends weak at 34,915.80 pts

Jun 30, 2020, at 04:39 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Tuesday fell by 45.72 pts to settle at 34,915.80 as selling pressure was seen in Energy, Oil and Gas, Telecom and Health Care stocks.

Punjab and Sind Bank Q4 net loss widens to Rs 236.30 crore

Jun 30, 2020, at 04:38 pm

Mumbai/UNI: Public sector lender, Punjab and Sind Bank has reported a net loss of Rs 236.30 crores for the quarter ended March 31, 2020 as against net loss of Rs 58.57 crores for the period ended December 31, 2019.

Honda commences deliveries of 2020 Africa Twin Adventure Sports in India

Jun 29, 2020, at 11:42 pm

New Delhi/IBNS: Taking the spirit of #TrueAdventure beyond, Honda Motorcycle & Scooter India Pvt. Ltd. on Monday commenced the deliveries of 2020 Africa Twin Adventure Sports.  he first customer was handed over the key of his all-new 2020 Africa Twin Adventure Sports at Honda’s exclusive premium big-bike dealership - the Honda BigWing in Gurugram, Haryana.

SriLankan Airlines supports export industries by converting passenger aircraft to full freighter

Jun 29, 2020, at 10:22 pm

Colombo/IBNS: In its quest to continuously support Sri Lanka’s export industries and to keep the country connected with the global economy during the pandemic, national carrier SriLankan Airlines has converted a wide-body passenger aircraft into a dedicated cargo aircraft.

COVID-19 impact: Paytm Payouts processed over Rs 1,500 cr in salaries

Jun 29, 2020, at 05:05 pm

Mumbai/UNI:  India’s leading financial services company Paytm on Monday said that it has processed over Rs 1,500 crore in salaries and other benefits for medium and large enterprises Paytm Payouts, the digital money transfer service has become a must-have tool for businesses that make regular payments to their employees, vendors and business partners.

Indian Rupee up by 7 paise against USD

Jun 29, 2020, at 05:03 pm

Mumbai/UNI: The Rupee on Monday gained seven paise against the US Dollar to reach 75.58, on selling of US Dollar by bankers and exporters, dealers at the Forex Market confirmed.

Amazon India successfully eliminates 100 pc single-use plastic

Jun 29, 2020, at 05:01 pm

Bengaluru/UNI:  Amazon India on Monday announced that it has achieved a significant milestone in its efforts towards sustainability by eliminating all single-use plastic in packaging originating from its 50+ fulfilment centers in India.

Sensex down by 209.75 pts

Jun 29, 2020, at 04:56 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Monday slipped by 209.75 pts to settle at 34,961.52 as selling was seen across the board amid weak global cues.

Axis Bank falls by 4.78 pc to Rs 404.75

Jun 29, 2020, at 04:51 pm

Mumbai/UNI:  Axis Bank on Monday declined by 4.78 pc to Rs 404.75 a major loser in 30 scrips of BSE.

MG Motor India signs up 6 more start-ups under “MG Developer Program & Grant”

Jun 29, 2020, at 04:44 pm

Gurugram/IBNS: MG (Morris Garages) Motor India on Monday announced that it has signed up 6 more start-ups for its ongoing MG Developer Program & Grant.

Honda commences deliveries of 2020 Africa Twin Adventure Sports in India

Jun 29, 2020, at 04:23 pm

New Delhi/IBNS: Taking the spirit of #TrueAdventure beyond, Honda Motorcycle & Scooter India Pvt. Ltd. on Monday commenced the deliveries of 2020 Africa Twin Adventure Sports.

Covid-19 puts brakes on automobile, auto parts exports in May: EEPC India

Jun 29, 2020, at 02:44 pm

Kolkata/IBNS: Covid-19 public health crisis has taken a massive toll on exports of India's automobiles in May, 2020  with  as much annualised erosion as 98 per cent and 65 per cent in shipments to key  markets like the US and Mexico respectively, according to an EEPC India analysis.

PepsiCo joins growing advertising boycott of social media site Facebook: Reports

Jun 29, 2020, at 08:44 am

Moscow/Sputnik: The US food and beverage giant PepsiCo is set to pull its adverts from Facebook, joining a range of firms that have started a boycott of the social media platform due to concerns over its inability to monitor and police hateful content, the Fox News broadcaster reported on Sunday, citing sources in the company.

What will power the post-pandemic global economic recovery?

Jun 27, 2020, at 04:53 pm

New York/IBNS: As governments try to kick-start their economies, the UN is calling for recovery plans to be built around low-carbon technologies, to avoid a return to fossil-fuel based business as usual.

Sense moves up by 439.54 points in week

Jun 27, 2020, at 04:24 pm

Mumbai/UNI: The Indian market remained strong for another week, as the benchmark index of Bombay Stock Exchange (BSE) surged 439.54 points or 1.27 pc at 35,171.27 despite rise in the coronavirus cases worldwide and the military stand-off between India and China at the border.

Sterlite Power acquires Vapi II North Lakhimpur Transmission Limited from PFC Consulting

Jun 26, 2020, at 08:27 pm

New Delhi/IBNS: Sterlite Power, a global power transmission player, recently announced the acquisition of Vapi II North Lakhimpur Transmission Limited (VNLTL), a Special Purpose Vehicle (SPV) from PFC Consulting Limited.

CERT warns against possible phishing attack in India

Jun 26, 2020, at 08:17 pm

Kolkata/IBNS: The Indian Computer Emergency Response Team (CERT-In) has issued an advisory recently warning about a possible phishing attack by cyber criminals against people in India with the intent to steal personal data, including bank account information, using the email id - ncov2019@gov.in.

India and US look at bilateral investments in the post pandemic world at webinar organised by IACC

Jun 26, 2020, at 07:53 pm

Mumbai/IBNS: The United States is now the largest merchandise trading partner for India, said Naushad Panjwani, Regional President, West India Council, IACC, at a recent webinar which focused on bilateral investments between the two countries.

CBI raids Congress leader Kamal Nath's kin Ratul Puri's premises in connection with Rs 787.25 crore loss to PNB and other banks

Jun 26, 2020, at 03:32 pm

New Delhi/IBNS: The CBI on Saturday raided the Noida and Delhi premises of Congress leader Kamal Nath's nephew Ratul Puri, accused in a case related to alleged loss of Rs 787.25 crore to Punjab National Bank (PNB) and other consortium of banks, said media reports.

Indian Market: Sensex rebounds 356 pts

Jun 26, 2020, at 10:13 am

Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Friday bounced back by 356 pts at 35,198.61 on fresh buying in IT, Technology, Oil and Gas, Bankex amid positive global cues.

Hindustan Unilever to drop 'Fair' from 'Fair & Lovely': Report

Jun 25, 2020, at 11:51 pm

Bangalore/IBNS: Hindustan Unilever will drop "Fair" from its  "Fair & Lovely" range of products which has been criticised over the years for attributing success and confidence to fair complexion.

Fuel prices hiked for 19th day in a row

Jun 25, 2020, at 01:21 pm

New Delhi/UNI: Burning a hole in common man's pocket, petrol and diesel prices were hiked for the 19th consecutive day in the national capital on Thursday.

COVID-19: Recovery will be slower following ‘crisis like no other’, IMF predicts

Jun 25, 2020, at 09:59 am

New York/IBNS: Economic recovery from the COVID-19 pandemic is projected to be more gradual than previously forecast, according to a report published on Wednesday by the International Monetary Fund (IMF).

US goods made in China held up in Indian ports: Report

Jun 25, 2020, at 12:06 am

New Delhi/IBNS: Goods from several US companies made in China, including those from Apple, Dell and Cisco, are held up in Indian ports amid heightened border tension with China, said a Reuters report.

Shree Cement among India’s Top 100 Best Places To Work, Best in Cement & Building Materials for 2020

Jun 24, 2020, at 10:31 pm

Kolkata: Shree Cement has been awarded among the Best Places to Work in Cement and Building Materials Sector across the country and among 100 Best Places to Work for across all sectors by Great Places To Work Institute®, India.