Magadh Sugar & Energy sees 336 per cent year on year growth in EBITDA in first half of FY2020

Nov 12, 2019, at 07:10 pm

Kolkata/IBNS: Part of KK Birla Group of Sugar Companies, Magadh Sugar & Energy Limited (MSEL), which released its audited financial results for the half year and quarter ended September 30, 2019, reported a net profit of Rs 1.77 crore at the end of the quarter compared to a net loss of Rs 13.90 crore in the year-ago quarter.

Tata Motors Group global wholesales at 89,108 in October 2019

Nov 12, 2019, at 05:21 pm

Mumbai/IBNS: Automobile major Tata Motors Group global wholesales in October 2019, including Jaguar Land Rover, were at 89,108 nos., lower by 19%, as compared to October 2019.

Hyundai Motor Group develops world's first road noise active noise control technology

Nov 12, 2019, at 05:18 pm

Seoul/IBNS: Hyundai Motor Group has announced the development of the world's first Road Noise Active Noise Control (RANC) system. The first-ever system dramatically reduces noise within the cabin of a vehicle.

Vikram Solar wins Best Employer Brand Award for Kolkata

Nov 11, 2019, at 10:42 pm

Kolkata/IBNS: Vikram Solar, module manufacturers and rooftop solar & EPC solutions provider, was conferred with Best Employer Brand Award for Kolkata for the year 2019, on Monday.

18th International FoodTech India to get underway in Kolkata on Nov 15

Nov 11, 2019, at 06:32 pm

Kolkata/IBNS: More than 150 companies and top brands from India and abroad representing the food processing and packaging, confectionery, bakery, dairy, hotel and allied services sectors will participate in the “Food Tech India 2019: Bakery Tech & Hotel Tech” International Exhibition from Nov 15 to 17 at the  Science City Exhibition Complex in Kolkata.

India's industrial production moves down by 4.3 percent in September

Nov 11, 2019, at 05:57 pm

New Delhi/IBNS: The industrial production, which is measured by the Index of Industrial Production (IIP), moved down 4.3 percent as compared to the level in the month of September 2018, unveiled the government data released on Monday.

Yes Bank moves up by 5.80 pc to Rs 73

Nov 11, 2019, at 05:55 pm

Mumbai, Nov 11 (UNI) Yes Bank on Monday surged by 5.80 pc to Rs 73 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).

PayNearby launches micro ATM

Nov 11, 2019, at 05:53 pm

New Delhi, Nov 11 (UNI) The hyperlocal fintech network builder PayNearby has launched its own network of Micro ATMs and tied up with National Payments Corporation of India (NPCI) and Equitas Small Finance Bank for this initiative.

Indian Market: Sensex ends positive at 40,345.08, up 21.47 pts

Nov 11, 2019, at 05:49 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchagne (BSE) on Monday rose marginally by 21.47 points to 40,345.08 following gains in Finance, Industrials, Telecom, Bankex and Oil and Gas stocks.

Indian Rupee ends negative at 71.46, 3-week-low

Nov 11, 2019, at 05:41 pm

Mumbai/UNI: The Rupee on Monday lost another seventeen paise to 71.46, three-week-low on brisk demand for US Dollars by bankers and importers, dealers at the Forex Market said.

Hong Kong stocks close 2.62 pct lower

Nov 11, 2019, at 05:26 pm

Hong Kong City/ Xinhua/UNI: Hong Kong stocks closed down 724.59 points, or 2.62 percent, to 26,926.55 points on Monday.

Bajaj Auto showcases all new Chetak in Goa

Nov 09, 2019, at 08:20 pm

Panaji/UNI: Bajaj Auto, an Indian global two-wheeler company, presented all new Chetak in an electric avatar in the city on Friday.

Piyush Goyal to participate in 9th BRICS Trade Ministers Meet in Brasilia

Nov 09, 2019, at 04:48 pm

New Delhi/IBNS: Commerce and Industry and Railway Minister, Piyush Goyal, will be on tour to Brazil and United States from Nov 9 – 14, officials said.

State Bank of India reduces MCLR by 5 bps across all tenors

Nov 08, 2019, at 06:30 pm

New Delhi/UNI: Country’s largest lender State Bank of India (SBI) on Friday announced the reduction in its MCLR by 5 bps across all tenors.

Century Plyboards’s Q2 results for Financial Year 2019-20 declared 

Nov 08, 2019, at 06:26 pm

New Delhi/UNI: India’s leading plywood company, Century Plyboards(I) Ltd., today announced its results for the second quarter of FY 19-20, registering profit after tax for the quarter ending September 30, 2019, at Rs. 52.15 crore, thereby showing an increase of 38 per cent over corresponding period of last financial year (Rs. 37.81 crore).

Tata Steel partners with Tata Motors to introduce Tigor EVs for employee transportation in Jamshedpur

Nov 08, 2019, at 06:21 pm

Jamshedpur/IBNS: As part of its Go-Green initiative, Tata Steel has taken the lead to introduce a fleet of electric vehicles for its employee transportation in Jamshedpur.

RBL Bank’s 75,000 sq.ft. Office gets Platinum IGBC GREEN Certification

Nov 08, 2019, at 06:20 pm

Mumbai/IBNS: RBL Bank said its new office spread over 75,000 sq. ft has received Platinum - Indian Green Building Council (IGBC) Green Interiors certification.

GRSE lays the keel of the first large survey vessel

Nov 08, 2019, at 06:14 pm

Kolkata: Garden Reach Shipbuilders and Engineers Ltd., (GRSE), Kolkata at their Main Works here laid the keel of the first  Survey Vessel (Large) (Yard 3025).

Andhra Bank registers Rs 122 cr profit for quarter ended Sep 30

Nov 08, 2019, at 05:57 pm

Hyderabad/UNI: Andhra Bank has posted a net profit of Rs 122 crores for the quarter ended September 30, 2019.

Indian Rupee down by 34 paise against USD

Nov 08, 2019, at 05:54 pm

Mumbai/UNI: The Rupee on Friday heavily down by 34 paise to 71.29 in opening trade on brisk demand for rising US Dollars by bankers and importers, dealers at the Forex Market said.

Uber to begin service in 2 more cities in Gujarat by year end

Nov 08, 2019, at 05:52 pm

Ahmedabad/UNI: App-based cab service Uber on Friday said that it would expand its services to two more cities in Gujarat including Rajkot, the largest city of Saurashtra region in the western state.

GAIL registers PAT of Rs 1,064 cr in Q2 FY20

Nov 08, 2019, at 05:47 pm

New Delhi/UNI: GAIL (India) Limited registered a Profit after Tax (PAT) of Rs 1,064 crore in Q2 FY20 as against Rs 1,288 crore in the Q1 FY20.

Sun Pharma moves down by 4.23 pc to Rs 421.80

Nov 08, 2019, at 05:44 pm

Mumbai,/UNI: Sun Pharma on Friday slipped by 4.23 pc to Rs 421.80 to be the top loser in the 30 scrips index of Bombay Stock Exchange (BSE).

Indian Bank,Allahabad Bank pre-amalgamation meeting

Nov 08, 2019, at 05:42 pm

Kolkata/UNI: After Government of India’s announcement of 30th August, 2019 regarding the amalgamation of Kolkata-based Allahabad Bank into Indian Bank, the Board of Directors of both the Banks gave in-principle approval for the amalgamation.

Indian market: Sensex slides 330.13 pts

Nov 08, 2019, at 04:31 pm

Mumbai, Nov 8 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Friday slided by 330.13 points to settle at 40,323.61, after Moody's Investors Services express concern on economic slowdown and downgraded India's sovereign outlook from 'stable' to 'negative'.

Govt sets up 25,000 cr AIF to revive the struggling realty sector in India

Nov 07, 2019, at 01:23 am

New Delhi/UNI/IBNS: The Union Cabinet on Wednesday approved setting up of a fund in which the government would infuse up to Rs 10,000 crore while Life Insurance Corporation(LIC) and State Bank of India would jointly contribute Rs 15,000 crore to help revive the struggling realty sector, informed Union Finance Minister Nirmala Sitharaman.

German delegation visits Bengal Chamber seeking to offer solutions for mining safety and mining efficiency

Nov 06, 2019, at 08:58 pm

Kolkata/IBNS: In its continued effort to boost B2B connects and cross border dialogue, the Bengal Chamber, which shares a deep connect with Germany and specifically Indo German Chamber of Commerce, hosted a 12 member delegation representing 10 companies from Germany in opencast and underground technology on Tuesday here.

Fin Min Nirmala Sitharaman says govt to infuse Rs 10,000 cr into cash-strapped realty sector

Nov 06, 2019, at 08:55 pm

New Delhi/UNI: The Union Cabinet on Wednesday approved setting up of a fund to infuse funds up to Rs 10,000 crore into the realty sector, informed Union Finance Minister Nirmala Sitharaman.

India to invest $100 billion in energy by 2024, says Petroleum Minister Dharmendra Pradhan

Nov 06, 2019, at 08:50 pm

New Delhi/IBNS: India will be investing $100 billion by 2024 in refining, pipelines and gas terminals to meet rising demand, Petroleum and Natural Gas Minister Dharmendra Pradhan said on Wednesday.

Flipkart collaborates with Nokia to introduce the first Nokia Smart TV in India

Nov 06, 2019, at 06:10 pm

Kolkata / Bengaluru: Flipkart, an e-commerce marketplace, announced on Wednesday that it has entered into a strategic relationship with Nokia that grants it the use of the Nokia brand for Smart TVs in India – a global first for the brand in the TV category.