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Bengal govt bans hookah bars in Kolkata citing adverse impact on public health | CBI summons KCR's daughter K Kavitha in Delhi liquor policy case | 'By Bengali I meant illegal Bangladeshi and Rohingya': Paresh Rawal issues apology amid row over comment | ISRO scientists Nambi Narayanan espionage: Supreme Court sets aside bail granted to 4 accused | Will continue fight for J&K’s Statehood, land, job rights: Ghulam Nabi Azad | Indian airports launch facial recognition technology for seamless passenger entry | AIUMB Prez Syed Ashraf Kichauchawi, General Secy Syed Salman Chishty meet NSA Ajit Doval | 'Rahul Gandhi looks like Saddam Hussein': Himanta Biswa Sarma | 'By getting popularity, there will be few troubles': Actor Vijay Deverakonda after 9 hrs ED questioning | Massive protest outside Punjab CM's home over wages as Bhagwant Mann is visiting Gujarat for poll campaign

MSP hike, likely populist measures key risks to inflation, ASSOCHAM tells RBI

Apr 02, 2018, at 01:45 am

New Delhi, Apr 1 (IBNS): Key risks to the retail inflation include higher Minimum Support Prices (MSP) for agricultural items, populist spending in the run-up to the 2019 general elections and strengthening of global crude oil prices, the ASSOCHAM has said in its pre-credit policy review letter to the Reserve Bank of India (RBI).  

Tata Motors closes FY18 with 35% sales increase in March

Apr 02, 2018, at 01:40 am

New Delhi, Apr 1 (IBNS): In March 2018, Tata Motors on Sunday said it has registered a growth of 35% at 69,440 units as against 51,309 units over last year due to the continued strong sales performance of its Commercial and Passenger Vehicles Business in the domestic market.

Set up BPO sector specific CERTs: ASSOCHAM

Apr 01, 2018, at 02:26 am

New Delhi, Mar 31 (IBNS): While the government and BPO industry are taking variety of initiatives in the cyber security domain, apex industry body ASSOCHAM has suggested the government to establish BPO (business process outsourcing) sector specific computer emergency response team (CERT) to minimise cyber attacks in the BPO landscape.

Lax implementation of security measures and poor employee awareness to blame for cyber frauds in BPOs: ASSOCHAM-Microsoft survey

Mar 30, 2018, at 08:44 pm

New Delhi, Mar 30 (IBNS): Most cyber frauds in India’s booming business process outsourcing (BPO) sector occur due to lack of strict implementation of existing information security protocols together with poor employee awareness, noted a recent survey jointly conducted by apex industry body ASSOCHAM and global software giant Microsoft.

IT department freezes bank accounts of Cognizant's Indian subsidiary, CFO asks employees not to worry

Mar 30, 2018, at 06:20 pm

Chennai, Mar 30 (IBNS): Cognizant has assured its employees that the tax dispute between its Indian subsidiary and the Indian Income Tax department  will not affect them, according to media reports.

Karbi Anglong: V&AC arrests police officer in graft case

Mar 30, 2018, at 04:19 am

Guwahati, Mar 29 (IBNS): The Vigilance and Anti-Corruption (V&AC) of Assam police on Wednesday night arrested a Sub Inspector of  Bokuliaghat police station in Karbi Anglong district for allegedly taking bribe from a person.

Union Minister Harsimrat Kaur Badal inaugurates Rajasthan’s first mega food park at Ajmer

Mar 29, 2018, at 09:55 pm

Ajmer, Mar 29 (IBNS): Union Minister for Food Processing Industries Harsimrat Kaur Badal  inaugurated the Greentech Mega Food Park Private Ltd - the first mega food park in Rajasthan - at Roopangarh Village in Ajmer.

MG Motor further reinforces strong India commitment

Mar 29, 2018, at 12:44 am

Mumbai, Mar 28 (IBNS): MG Motor India on Wednesday further reiterated its commitment to the Indian market through the first-ever dealership experience event in the country.

Emirates celebrates Easter with special offering in flight and on the ground

Mar 29, 2018, at 12:36 am

Kolkata, Mar 28 (IBNS): Airlines major Emirates said is celebrating the Easter holiday with a range of treats available to customers across all classes on board and in the airport lounges from Mar 30 to Apr 2.

Audi announces price increase across all models

Mar 28, 2018, at 08:46 pm

Mumbai, Mar 28 (IBNS): Audi, the German luxury car manufacturer, recently announced that the company will be increasing the price across the entire model range up to 4 per cent owing to the increase in the Customs duty announced in the Union Budget.

Waymo, Jaguar Land Rover announce long term partnership

Mar 28, 2018, at 04:56 am

Whitley, Coventry, UK and Mountain View, CA, Mar 27 (IBNS): Jaguar Land Rover and Waymo on Tuesday announced a long-term strategic partnership. 

Key Indian benchmarks close higher on Tuesday

Mar 27, 2018, at 09:46 pm

Mumbai, Mar 27 (IBNS): Key Indian benchmark indices closed higher on Tuesday largely due to positive global cues, with BSE Sensex up 107.98 points at 33,174.39 and NSE Nifty up 51.30 points at 10,182.

Income Tax offices to remain open on March 29, 30 and 31

Mar 27, 2018, at 09:20 pm

New Delhi, Mar 27 (IBNS): The Union Ministry of Finance announced on Tuesday that all Income Tax Offices throughout India shall remain open on March 29, 30 and 31, 2018.

Jet Airways strengthens North East presence with Guwahati as regional gateway

Mar 27, 2018, at 05:03 am

Guwahati, Mar 26 (IBNS): Jet Airways, India’s premier full-service international airline, on Monday announced its plans to expand its presence in the North East and make Guwahati its regional gateway to/ from the region. 

HP partners with Royal Challengers Bangalore

Mar 27, 2018, at 01:11 am

Mumbai, Mar 26 (IBNS):  HP Inc. India on Monday announced its partnership with Royal Challengers Bangalore (RCB) for the upcoming T20 season.

The Indian market closes on higher note on Monday

Mar 26, 2018, at 11:15 pm

Mumbai, Mar 26 (IBNS): Key Indian benchmarks closed higher on Monday with BSE Sensex up 469.87 points at 33,066.41 while NSE Nifty was up 132.65 points at 10,130.70.

2018-2019 expected to be period of consolidation in real estate sector: Ascon Infrastructure Chaiman and MD

Mar 26, 2018, at 10:10 pm

Laxman Jaiswal, Chairman & Managing Director,  Ascon Infrastructure (India) Ltd, in an interaction with IBNS spoke about the prospects of the real estate market in the coming years. Here are the excerpts.

Trade war can lead to collateral damage for India: ASSOCHAM

Mar 26, 2018, at 02:08 am

New Delhi, Mar 25 (IBNS): If the tariff war escalates into a full-scale global trade war, it would have a collateral damage for the Indian economy as well, with the country's exports taking a hit, current account deficit facing pressure and the GDP taking a setback, the ASSOCHAM has said.

Cambridge Analytica gaffe costs Facebook USD 58 billion

Mar 24, 2018, at 06:33 pm

Menlo Park, Mar 24 (IBNS): Social networking giant Facebook has endured a tough week, losing USD 58 billion following the company's admission that it failed to properly handle a data breach, allowing Cambridge Analytica to siphon personal data of over 50 million users.

Reliance Industries announces strategic transaction with Saavn

Mar 24, 2018, at 04:47 am

Mumbai, Mar 23 (IBNS): Reliance Industries Limited (“RIL”) on Friday executed definitive agreements for combination of Saavn, a leading global music OTT platform, with its digital music service, JioMusic. 

IRCTC signs up Ola to provide seamless commute to Railway passengers

Mar 24, 2018, at 12:18 am

Kolkata, Mar 21 (IBNS): Ola, a ride-sharing company, and the Indian Railway Catering and Tourism Corporation Ltd. (IRCTC), has announced they have signed a LOI (Letter of Intent) to enable commuters to book an Ola on IRCTC platforms viz. website and app. 

Tata Motors appoints Rajendra Petkar as Chief Technology Officer

Mar 23, 2018, at 11:29 pm

New Delhi, Mar  23 (IBNS): Automobile giant Tata Motors on Friday announced the appointment of Rajendra Petkar as the 'Chief Technology Officer’ and a member of the Executive Committee (ExCom).  

Bengal Chamber and VCAN explore how Blockchain can make the digital marketplace saf

Mar 23, 2018, at 10:13 pm

Mumbai, Mar 23 (IBNS): Kolkata-based Bengal Chamber of Commerce and Industries (Bengal Chamber)  in collaboration with VCAN (V Citizens’ Action Network), recently organised a programme on the topic “How Blockchain can make the Digital Marketplace Safer”, in Mumbai, as part of its outreach programme.

Videocon D2H limited merges with Dish TV India Limited

Mar 22, 2018, at 11:27 pm

New Delhi, Mar 22 (IBNS): Dish TV India Limited (Dishtv) on Thursday announced the completion of the merger of Videocon D2h Limited into and with Dish TV India Limited.

Tata Chemicals launches Medikarb – India’s first branded pharmaceutical grade sodium bicarbonate

Mar 22, 2018, at 11:11 pm

Mumbai, Mar 22 (IBNS): Tata Chemicals Ltd, the country’s leading producer of Soda Ash and Sodium Bicarbonate, on Thursday announced the launch of Medikarb – India’s first branded pharmaceutical grade sodium bicarbonate for pharma API and formulation manufacturing.

Tata Sons announces appointment of new Group Government Affairs Officer

Mar 22, 2018, at 11:09 pm

Mumbai, Mar 22 (IBNS): Tata Sons on Thursday announced the appointment of Tanmoy Chakrabarty as the Group Government Affairs Officer, he will be based out of New Delhi.

Indian market closes lower on Thursday

Mar 22, 2018, at 09:25 pm

Mumbai, Mar 22 (IBNS): Key Indian benchmark indices closed lower on Thursday, with BSE Sensex down 129.91 points at 33,006.27 and NSE Nifty down 47.20 points to 10,108.10, largely due to the impact from the US Fed Reserve interest rate hike.

RInfra moves Goa Commercial Court for payment of arbitration award won against Goa government

Mar 22, 2018, at 08:53 pm

Mumbai, Mar 22 (IBNS): Reliance Infrastructure Limited, in a press release on Thursday, said that it has filed an application in the Commercial Court, North Goa, at Panaji, Goa seeking the Court’s direction for the payment of the Arbitration Award it has won recently against Goa Government.

Water & Effluent Treatment Business of L&T Construction enters the Guinness World Records

Mar 22, 2018, at 08:36 pm

Chennai, Mar 22 (IBNS): L&T Construction, a brand of Larsen & Toubro, announced on Thursday that its Water & Effluent Treatment Business entered the Guinness World Records for conducting the ‘Largest Environmental Sustainability Lesson’ involving 2,289 students.