India’s grooming and cosmetic market to touch $35 billion by 2035: study
Oct 30, 2017, at 09:33 pm
New Delhi, Oct 30 (IBNS): The market size of India’s beauty cosmetics and grooming is expected to touch $35 billion by 2035 from the current level of $6.5 billion says the joint study undertaken by ASSOCHAM– MRSSIndia.com.
PSU banks in sweet spots; market mop up can well exceed Rs 58K crore: ASSOCHAM
Oct 30, 2017, at 09:30 pm
New Delhi, Oct 30 (IBNS): If the change of perception for PSU banks, post the mega capital infusion scheme is any indication, dilution of government equity, up to 52 per cent in the state-owned lenders can fetch valuation much higher than the estimated potential of Rs 58,000 crore as provided in the Rs 2,11,000 crore re-capitalisation plan, an ASSOCHAM report has said.
7 Reasons to Start Financial Planning Early
Oct 30, 2017, at 06:28 pm
Most of the people consider financial planning as an old man’s game. However, a rupee invested today would be more than a rupee invested tomorrow, and therefore, the sooner the one starts investing, the greater the benefits are available. It’s never too early to start a financial planning.
RERA to safeguard Indian home buyers from unscrupulous developers
Oct 30, 2017, at 05:49 pm
Kolkata, Oct 30 (IBNS): The Real Estate Regulation & Development Act, 2016 (RERA) is expected to bring more transparency and accountability in the real estate sector if properly implemented, believes home buyers, the Act will protect home-buyers from unscrupulous builders or be taken for a ride by even some of organized developers.
Agriculture and industry shall be looked at as two eyes of our economy: Vice President
Oct 29, 2017, at 02:59 am
New Delhi, Oct 28 (IBNS): Vice President of India M. Venkaiah Naidu has said that Agriculture and industry shall be looked at as the two eyes of our economy.
Bengal Chamber holds conclave on entrepreneurship and startups to boost local ventures
Oct 28, 2017, at 08:04 pm
Kolkata, Oct 28 (IBNS): Success cannot be yours without PHD -- Passion, Hard work and Dedication -- said CS Ghosh, President of Bengal Chamber of Commerce and Industries, while addressing the participants of 'The Business Conclave on Entrepreneurship and Start-ups', held recently in Kolkata.
Vodafone welcomes new customers with exciting voice, internet offers
Oct 28, 2017, at 01:20 am
New Delhi, Oct 27 (IBNS): Vodafone India, one of India’s leading telecommunications service providers, announced two special Voice offers for pre-paid customers in Delhi & NCR who wish to join Vodafone’s SuperNet 4G network. The products are aimed at providing Voice & Mobile Internet at a cheaper rate in line with our continuous endeavor to come up with great value for money proposition for our existing and new customers.
Kolkata-based Chambers of Commerce come together to discuss 'Bengal - Accelerating Growth'
Oct 28, 2017, at 12:16 am
Kolkata, Oct 27 (IBNS): Leading Chambers of Commerce based in Kolkata recently came together at the “Bengal – Accelerating Growth†business meet to discuss on economic progress, business expansion and infrastructure development in West Bengal.
Maruti Suzuki registers net profit of Rs 24,843 million in Q2
Oct 27, 2017, at 11:56 pm
New Delhi, Oct 27 (IBNS): Automobile major Maruti Suzuki on Friday said it has registered Rs 24,843 million in the second quarter that ended on Sept 30.
16th International FoodTech India begins in Kolkata
Oct 27, 2017, at 05:05 am
Kolkata, Oct 26 (IBNS): Eastern India annual business-to-business (B2B) exhibition on food and hospitality industry – the 16th International Food Tech India Bakery Tech & Hotel Tech Exhibition was inaugurated on Thursday in Kolkata.
The Indian market sees record close on Thursday
Oct 27, 2017, at 02:48 am
Mumbai, Oct 26 (IBNS): The Indian market achieved another day of record closing on Thursday, with NSE Nifty rallying six per cent in October series -- the highest ever gains in a series in 2017, according to media reports.
Whirlpool of India records strong revenue and profit growth in Q2
Oct 27, 2017, at 01:18 am
Kolkata, Oct 26 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation, on Thursday announced strong operating results for the second quarter of 2017-18.
Cognizant to acquire Zone, a leading full-service digital agency
Oct 27, 2017, at 12:54 am
London, Oct. 26 (IBNS): Cognizant on Thursday announced it has agreed to acquire Zone, one of the United Kingdom’s independent full-service digital agencies specializing in customer experience, digital strategy, technology and content creation.
Kotak Bank's consolidated PAT for Q2FY18 increased by 20 per cent from the same period a year ago
Oct 26, 2017, at 11:18 pm
Kolkata, Oct 26, (IBNS): Kotak Mahindra Bank (Kotak Bank) reported that its consolidated profit after tax (PAT) for Q2FY18 increased by 20% to Rs 1,441 cr from Rs 1,202 cr in Q2FY17.
Havells posts net revenue of Rs.1,508 crore in Q2FY18
Oct 26, 2017, at 11:15 pm
Kolkata, Oct 26 (IBNS): Havells India Limited, an India-based fast moving electrical goods (FMEG) company, announced its results for the quarter ended September 30, 2017 (Q2FY18).
GPF), other similar funds shall carry interest at the rate of 7.8 pct: Govt
Oct 26, 2017, at 02:02 am
New Delhi, Oct 25 (IBNS): The Government of India on Wednesday announced that during the Financial Year 2017-18, accumulations at the credit of subscribers to the General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% (Seven point eight per cent) with effect from Oct 1 to Dec 31.
Govt. expects to raise Rs. 750 crore through OFS of 5% shares of NLC India Limited
Oct 26, 2017, at 12:28 am
New Delhi, Oct 25 (IBNS): The Government of India on Wednesday said it is likely to raise Rs. 750 crores through disinvestment of 5% of paid-up equity shares of NLC India Limited (NLCIL) through Offer for Sale (OFS) mechanism.
Tata Starbucks reaffirms growth in India with entry into Kolkata in 2018
Oct 25, 2017, at 11:55 pm
Kolkata; Oct 25 (IBNS) : Tata Starbucks Private Limited, the 50/50 joint venture between Starbucks Coffee Company (Nasdaq: SBUX) and Tata Global Beverages Limited, today celebrated the opening of its 100th store located in Mumbai and its five-year anniversary in India with a series of strategic initiatives that reaffirm its long-term commitment to the market.
BSE Sensex closes above psychological 33,000-mark for the first time
Oct 25, 2017, at 10:04 pm
Mumbai, Oct 25 (IBNS): Share prices of road sector companies took a leap during early hours of trade on Wednesday following the news that the Union government has approved road building projects worth Rs. 7 lakh crore, including the ambitious Bharatmala programme launched by Narendra Modi's Government, according to media reports.
GPF and other similar funds to carry interest at the rate of 7.8 per cent
Oct 25, 2017, at 06:10 pm
New Delhi, Oct 25 (IBNS): The Union Ministry of Finance announced on Wednesday the interest rate for the General Provident Fund and other similar funds for the October-December period of the current financial year.
Fundamentals of the Indian economy is strong: Jaitley
Oct 24, 2017, at 10:39 pm
Mumbai, Oct 24 (IBNS): Union Finance Minister Arun Jaitley on Tuesday said the fundamentals of the Indian economy is strong.
Infosys records Q2 net at Rs 3,726 crore
Oct 24, 2017, at 10:31 pm
Mumbai, Oct 24 (IBNS): Technological giant Infosys on Tuesday announced that it has recorded a net profit of Rs. 3,726 crore for the July-September quarter.
Indian benchmark indices end higher on Tuesday
Oct 24, 2017, at 09:41 pm
Mumbai, Oct 24 (IBNS): The Indian market ended higher on Tuesday, with BSE Sensex up 100.62 points at 32,607.34 and NSE Nifty up 22.80 points at 10,207.70.
Oct 24, 2017, at 09:07 pm
New Delhi, Oct 24 (IBNS): Despite India being world’s largest producer for milk and second largest producer of fruits and vegetables, about 40 to 50 per cent of the total production valued of $440 billion (bn) ends up wasting, noted a recent ASSOCHAM-MRSS India study.
GST, demonetisation may impact Indian wedding market growth: ASSOCHAM
Oct 24, 2017, at 09:01 pm
New Delhi, Oct 24 (IBNS): The upcoming wedding season starting in November may be impacted by 10-15 per cent particularly wedding services like marriage garden/marriage hall booking, tent booking, confectionery services, photography and more, reveals by industry chamber ASSOCHAM.
Govt waives penalty for late filing of GST returns in Aug and Sep
Oct 24, 2017, at 07:12 pm
New Delhi, Oct 24 (IBNS): The Central government has waived off penalty on delayed filing of initial Goods and Services Tax (GST) returns for months of August and September.
Indian benchmark indices end higher on Monday
Oct 23, 2017, at 09:53 pm
Mumbai, Oct 23 (IBNS): The Indian market rebounded on Monday with BSE Sensex up 116.76 points at 32,506.72 and NSE Nifty up 38.40 points at 10,184.90.
India’s first Pradhan Mantri Kaushal Kendra for Skilling in Smart Cities launched
Oct 23, 2017, at 09:08 pm
New Delhi, Oct 23 (IBNS): India's first Pradhan Mantri Kaushal Kendra (PMKK) for Skilling in Smart Cities though collaborative efforts was inaugurated in New Delhi, the Union Ministry of Skill Development and Entrepreneurship announced on Monday.
Linking Aadhaar number to bank accounts mandatory: RBI
Oct 22, 2017, at 01:32 am
Mumbai, Oct 21 (IBNS): The Reserve Bank of India on Saturday clarified that linking Aadhaar number with bank accounts is mandatory for everyone.
Kushal Pal Singh of DLF tops the list of Grohe Hurun India Real Estate Rich List 2017
Oct 20, 2017, at 10:14 pm
New Delhi, Oct 20 (IBNS): Delhi based real estate industrialist Kushal Pal Singh (86) of DLF topped the Grohe Hurun India Real Estate Rich List 2017 (List), with a wealth of Rs 23,460 crore.