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KCR presents videos 'to prove' MLA poaching allegations against BJP | Imran Khan shot at rally in Pakistan, 1 killed,13 injured, shooter confesses assassination attempt | SEWA founder and women activist Ela Bhatt passes away at 89; PM Modi, Congress leaders condole | India a bright spot despite global uncertainties: PM Modi | Rahul Gandhi's Bharat Jodo Yatra will change political landscape: Congress chief Kharge | Illegal mining case: ED summons Hemant Soren for questioning on Nov 3 | West Bengal: CBI arrests one more accused in the Bogtui massacre in Birbhum | Pooja Bhatt joins Rahul Gandhi's Bharat Jodo Yatra in Hyderabad | Indian-origin techie Sriram Krishnan is 'helping out' Elon Musk in revamping Twitter | PM Modi to address inaugural session of global investors meet in Karnataka

Indian benchmark indices close lower on Wednesday

Jan 31, 2018, at 09:51 pm

Mumbai, Jan 31 (IBNS): The Indian market chose to remain cautious on the eve of Union Budget 2018, according to media reports.

Budget expectations: Bengal Chamber wants corporate tax structure reduced to 28 per cent

Jan 31, 2018, at 07:24 pm

Kolkata, Jan 31 (IBNS): The Bengal Chamber of Commerce and Industry, a Kolkata-based chamber of commerce, has put forth its expectations from the Union Budget 2018.

Social networking giant Facebook bans cryptocurrency ads on its platforms

Jan 31, 2018, at 03:26 pm

New York, Jan 31 (IBNS):In a major move, popular social networking site Facebook Wednesday announced it has decided to block any advertising promoting cryptocurrency products and services.

SpiceJet CMD Ajay Singh gets the CAPA Chairman’s Order of Merit for Excellence in Indian Aviation Award

Jan 31, 2018, at 12:29 am

Gurugram, Jan 30 (IBNS): SpiceJet Chairman and Managing Director, Ajay Singh on Tuesday received the prestigious CAPA Chairman’s Order of Merit for Excellence in Indian Aviation Award for his contribution towards Indian aviation and the remarkable turnaround and financial performance of SpiceJet at an event in Mumbai.

Tata Motors and ASDC certifies first batch of trainees for skills in automotive assembly

Jan 30, 2018, at 10:50 pm

Pune, Jan 30 (IBNS): As part of a unique initiative to promote “Skill India Mission”, Tata Motors and Automotive Skills Development Council (ASDC) certified the first batch of trainees under their collaborative skills development and certification program.

India trails developed debt markets by miles: ASSOCHAM-Crisil study

Jan 30, 2018, at 10:48 pm

New Delhi, Jan 30 (IBNS): With a meagre 35 per cent and 17 per cent debt market penetration in Government securities (G-secs) and corporate bonds, India is trailing developed economies like the United States of America (USA) where it is 83 per cent and 123 per cent respectively, noted a recent ASSOCHAM-Crisil joint study.

TVS Motor Company’s revenue grows 23.5% and Profit Before Tax grows 23.9% in Q3 of FY 2017-18

Jan 30, 2018, at 10:40 pm

Kolkata / Chennai, Jan 30 (IBNS): TVS Motor Company has reported a revenue growth of 23.5% for the quarter ended December 2017. 

Jet Airways annual joy of giving program continues to spread cheer among underprivileged

Jan 30, 2018, at 10:31 pm

Mumbai, Jan 30 (IBNS): Jet Airways, India’s premier, full-service international airline, recently concluded its annual Joy of Giving programme that encourages employees to embrace the carrier’s culture of philanthropy by doing their bit for society’s less privileged.

Tata Steel commissions India’s first Solid Liquid Separation Plant for GCP slurry in the Ferro Alloys Industry, at FAP Joda

Jan 30, 2018, at 10:28 pm

Joda, Jan 30 (IBNS): Tata Steel unveiled the Solid Liquid Separation (SLS) Plant for Gas Cleaning Plant (GCP) slurry at its Ferro Alloys Plant (FAP) at Joda, in Keonjhar district, Odisha.

Indian benchmark indices close negative on Tuesday

Jan 30, 2018, at 09:54 pm

Mumbai, Jan 30 (IBNS): The Indian market, on Tuesday, closed negative on Tuesday largely influenced by profit booking and weak global cues, media reports said.

Ola announces its plans to enter Australia

Jan 30, 2018, at 09:23 pm

Kolkata, Jan 30 (IBNS): Australia’s ride-sharing ecosystem is set for a change after Ola, one of India’s largest ride-sharing platforms, on Tuesday announced its plans to enter Australia, providing both driver-partners and passengers a better way to move.

Economic Survey is a reflection of Government’s commitment to growth and development: Dr. Bibek Debroy, Chairman, EAC-PM

Jan 30, 2018, at 01:09 am

New Delhi, Jan 29 (IBNS): The Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), Dr. Bibek Debroy has said that the Economic Survey is a reflection of Government’s commitment to growth and development. Highlighting the optimistic outlook of the economy reflected by the Economic Survey, he said the emphasis on women’s empowerment is a welcome step.

Demonitisation has helped share of financial saving rise, says Economic Survey

Jan 30, 2018, at 12:54 am

New Delhi, Jan 29 (IBNS): The highlights of the Investment and Savings situation as brought out by Economic Survey 2017-18 tabled in Parliament today are as follows:

GST data reveals 50% increase in number of Indirect Taxpayers

Jan 30, 2018, at 12:07 am

New Delhi, Jan 29 (IBNS):  A preliminary analysis of the Goods and Services Tax (GST) data reveals that there has been a 50% increase in the number of indirect taxpayers, besides a large increase in voluntary registrations, especially by small enterprises that buy from large enterprises and want to avail themselves of Input Tax Credits (ITC).

Survey on dot in identifying farm sector, education and job creation as key priority areas: ASSOCHAM President

Jan 29, 2018, at 11:46 pm

New Delhi, Jan 29 (IBNS): Economic Survey for 2017-18 has brought out areas of concern such as rising non-performing assets of the public sector banks and has underlined the need, rightly so, for putting maximum emphasis on creating new jobs, agriculture and education, said ASSOCHAM President Sandeep Jajodia.

Ascon Infrastructure (India) Ltd announces their Ascon Irika and Ascon Era

Jan 29, 2018, at 10:21 pm

New Delhi, Jan 27 (IBNS):  Ascon Infrastructure (India) Ltd has announced two new projects- Ascon Irika at Hatiara (Project cost Rs 100 Crores appx) and Ascon Era at Gopalpur (Project cost Rs. 125  Crores appx).

The Indian market posted fresh closing high on Monday

Jan 29, 2018, at 10:00 pm

Mumbai, Jan 29 (IBNS): The Indian market closed at fresh high on Monday even though it erased much of its gain during the closing hour, according to reports.

Economic Survey presented : GDP to grow 7-7.5 per cent in 2018-19

Jan 29, 2018, at 06:57 pm

New Delhi, Jan 29 (IBNS) : The government on Monday tabled in Parliament the Economic Survey of India which projected GDP growth between  7 and 7.5 per cent in  2018-19, reports said.

Bridging gap between relief and development can meet immediate needs, lessen vulnerability – UN chief

Jan 29, 2018, at 03:33 pm

New York, Jan 29 (JEN): A surge in conflict-induced needs in Africa and the Middle East, coupled with an increase in climate shocks that pummel the most vulnerable everywhere, have given fresh urgency to calls for the international community to work in a new way that not only ends humanitarian needs but reduces them over time, United Nations Secretary-GeneralAntónio Guterres said Sunday.

Budget expectations: Increase tax exemption to incentivise first-time home buyers, suggests Ascon Infra Chairman Laxman Jaiswal

Jan 27, 2018, at 10:57 pm

Kolkata, Jan 27 (IBNS): With the Union Budget 2018 round the corner, expectations of the common people as well as the business houses and industries are mounting everyday.

China’s smartphone market suffers first ever annual decline as shipments fall 4% in 2017: Canalys

Jan 27, 2018, at 12:21 am

Beijing, Jan 26 (IBNS): The growth story of the world’s largest smartphone market, China, came to an end as it suffered its first-ever annual decline, with shipments down by 4% from 2016 to 459 million units in 2017. 

MORTH and IL&FS sign MoU for construction of all weather Zojila tunnel in J&K

Jan 25, 2018, at 09:12 pm

New Delhi, Jan 25 (IBNS): National Highways and Infrastructure Development Corporation (NHIDCL) under the Ministry of Road Transport & Highways, and IL&FS Transportation Networks Ltd signed a Memorandum of Understanding (MoU) for construction of the 14.150  km long,  two-lane bi-directional Zojila Tunnel in Jammu & Kashmir.

ICAI holds Annual Convocation ceremony all across the country

Jan 25, 2018, at 05:40 pm

Kolkata, Jan 25 (IBNS) The Institute of Chartered Accountants of India (ICAI) organised its annual convocation on Wednesday to award certificates of membership to over 650 new members and facilitate 04 rank holders of the recent CA examinations at G D Birla Sabhaghar, Kolkata.

Indian benchmark indices close flat on Wednesday

Jan 24, 2018, at 09:48 pm

Mumbai, Jan 24 (IBNS): The Indian market drew to a lacklustre close on Wednesday, with BSE Sensex up 15.75 points at 36155.73and NSE Nifty up 2.30 points at 11086.00.

Sri Lanka and Singapore sign Free Trade Agreement

Jan 24, 2018, at 08:19 pm

Colombo, Jan 24 (IBNS): Sri Lanka has signed its first-ever comprehensive Free-Trade Agreement (FTA) with Singapore to establish itself as an economic hub in the Indian Ocean.

World Economic Forum to set up centre in Mumbai

Jan 24, 2018, at 04:01 am

Mumbai, Jan 23 (IBNS): The World Economic Forum on Tuesday announced an establishment of a new centre in Mumbai, India, in partnership with Reliance Industries.

Samsung announces deals for 500 top corporates in India

Jan 24, 2018, at 01:20 am

New Delhi, Jan 23 (IBNS): Samsung India, a smartphone and consumer electronics brand, has announced a special sale for over two million corporate employees from 500 plus top companies in a unique corporate tie-up under the Samsung Corporate Privilege Program.

Xiaomi introduces smart delivery option on Mi.com, in partnership with Smartbox

Jan 24, 2018, at 12:05 am

Bangalore, Jan 23 (IBNS): Smartphone brand Xiaomi announced that it will offer a new smart delivery option, powered by Smartbox, on its own ecommerce platform starting on Tuesday.

Datsun launches the best priced AMT model in India

Jan 23, 2018, at 10:23 pm

New Delhi, Jan 23 (IBNS): Automobile major Datsun India on Tuesday has announced the start of sales of Datsun redi-GO Smart Drive Auto at an introductory price of INR 3,80,600. Deliveries to new customers will begin from today across India.