L&T Infotech partners with Coupa to provide cloud-based spend management solutions
Aug 18, 2016, at 09:24 pm
Mumbai, Aug 18 (IBNS): Larsen & Toubro Infotech (LTI), a global Information Technology services & solutions company announced on Thursday that it is entering into a strategic partnership with Coupa, a leader in cloud-based spend management and procurement software platform.
Singtel to acquire shares of Bharti Telecom from Temasek
Aug 18, 2016, at 09:22 pm
Mumbai/Singapore, Aug 18 (IBNS): Bharti Airtel Limited declared to the National Stock Exchange on Thursday that Singtel will acquire shares in Intouch Holdings and Bharti Telecom from Temasek.
Airtel gears up for launch of 4G services in North Bengal & Sikkim
Aug 18, 2016, at 08:19 pm
Siliguri, Aug 18 (IBNS): Bharti Airtel, a telecommunications services provider, on Thursday said that customers can switch their existing 2G/3G SIMs with 4G ready USIMs completely free of cost at any Airtel retail store in the state.
ICICI Bank introduces ‘iMobile SmartKeys'
Aug 18, 2016, at 07:51 pm
Mumbai, Aug 18 (IBNS): ICICI Bank, India’s largest private sector bank, on Thursday unveiled Asia’s first payment service using a smartphone keyboard. Christened ‘iMobile SmartKeys’, this pioneering feature enables ‘iMobile’ users to make quick and secure payments on any mobile application including chat, messenger, email, games or search browser without having to exit their current application in their smartphone.
NSDL integrates its system with CCIL for trading in government securities by Demat Accountholders
Aug 18, 2016, at 04:12 am
New Delhi, Aug 17 (IBNS): National Securities Depository Ltd (NSDL) has announced the introduction of facility for Retail Investors holding Demat Accounts with NSDL to trade in Government Securities on the Negotiated Dealing System–Order Matching (NDS-OM) platform, which is operated by Clearing Corporation of India Ltd (CCIL) on behalf of Reserve Bank of India (RBI).
Nestlé India delights consumers with new variants of MAGGI Noodles
Aug 18, 2016, at 12:31 am
New Delhi, Aug 17 (IBNS): Catering to multiple palates, Nestlé India has introduced new additions to the MAGGI Noodles portfolio: ‘MAGGI HOT HEADS’ and ‘MAGGI No Onion No Garlic Masala’.
Cisco planning to lay off about 14,000 employees?
Aug 17, 2016, at 10:58 pm
New York, Aug 17 (IBNS): Network equipment maker Cisco Systems Inc is planning to lay off about 14,000 employees, media reports said.
Markets end in the red for the second successive session
Aug 17, 2016, at 09:58 pm
Mumbai, Aug 17 (IBNS): Indian benchmark indices, which faced volatility on Wednesday, closed in the red, with Sensex down 59.24 points to 28005.37 and Nifty down 18.50 points to 8624.05.
Celent rates Infosys Finacle as a leader among Digital Banking Solutions
Aug 17, 2016, at 09:26 pm
Bangalore, Aug 17 (IBNS) Infosys Finacle, part of EdgeVerve Systems, on Wednesday announced that it has been rated as a leading solution in the Celent report titled ‘Ubiquitous Digital for Channel Banking: Global Digital Platforms Solutions Vendors, 2016.’
Aug 16, 2016, at 10:28 pm
New Delhi, Aug 16 (IBNS): Blueair, air purifying solutions manufacturer, on Tuesday announced it has been acquired by Unilever.
Infosys Finacle named leader among Customer-Centric Global Banking Solutions
Aug 16, 2016, at 09:55 pm
Bangalore, Aug 16 (IBNS): Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys , on Tuesday announced that it has been named a leader by Forrester Research, Inc. in ‘The Forrester Wave.
ShopClues launches its Raksha Bandhan store
Aug 16, 2016, at 09:53 pm
New Delhi, Aug 16 (IBNS): This Raksha Bandhan let the love for your brother or sister, reflect in a unique way.
Indian markets disappoint on Tuesday
Aug 16, 2016, at 09:48 pm
Mumbai, Aug 16 (IBNS): The day after I-Day did not prove to be lucky for the Indian market as the market endedTuesday in the red, with Sensex down 87.79 points to 28064.61 and Nifty down 29.60 points to 8642.55.
Food inflation pushes up India's wholesale price index
Aug 16, 2016, at 09:04 pm
New Delhi, Aug 16 (IBNS): Wholesale prices in India in July at 3.5 per cent gained at a faster pace compared to the same month a year ago largely based on increasing food prices, according to data published by the Union Ministry of Commerce & Industry on Tuesday.
Our aim is to wipe out black money from Indian economy, says IT Director in Kolkata
Aug 16, 2016, at 04:54 pm
Kolkata, Aug 15 (IBNS): The aim of the Income Tax Department is to wipe out black money from the Indian economy, said S.S. Rana, Director of Income Tax Department (Intelligence & Criminal Investigation), Kolkata at a conference on Friday.
Aug 16, 2016, at 03:37 pm
New Delhi, Aug 16 (IBNS): Petrol price has been reduced by Rs 1 a litre and diesel by Rs 2 per litre on Monday, officials said.
Air India joins Ahmedabad with Newark via London
Aug 16, 2016, at 03:22 am
New Delhi, Aug 15 (IBNS): Giving a new gift to the people of Gujarat on Independence Day, nation carrier Air India on Monday launched the Ahmedabad-Newark via London tri-weekly flight.
Pradhan Mantri UjjwalaYojana launched in Kolkata
Aug 15, 2016, at 05:09 am
Kolkata, Aug 14 (IBNS): Pradhan Mantri UjjwalaYojana (PMUY) was launched in Kolkata by Dharmendra Pradhan, Minister of State (I/C) - Petroleum & Natural Gas, on Sunday.
ONGC launches INR 100 Crore start-up fund to ignite new ideas
Aug 14, 2016, at 09:25 pm
New Delhi, Aug 14 (IBNS): ONGC on Sunday said it has launched a Rs 100 crore Start-up fund on its Diamond Jubilee year to foster, nurture and incubate new ideas related to oil and gas sector.
CBI files fresh case against Vijay Mallya
Aug 14, 2016, at 01:26 am
New Delhi, Aug 13 (IBNS): Adding fresh trouble for liquor baron Vijay Mallya, the CBI on Saturday registered fresh case against him for allegedly cheating a consortium of banks.
Jet Airways records fifth successive profitable quarter
Aug 13, 2016, at 01:05 am
Mumbai, Aug 12 (IBNS): Jet Airways Group on Friday announced its fifth successive profitable quarter for the period ending June 30, 2016 based on continuing improvement in aircraft utilization, increased efficiency and reduction in cost, including non-fuel expenses.
Truecaller announces global partnership with Axwell
Aug 12, 2016, at 11:22 pm
New Delhi, Aug 12 (IBNS): Popular mobile app Truecaller on Friday officially announced the launch of Swedish icons Axwell Λ Ingrosso’s exclusive ringtone on the Truecaller app.
MobiKwik to power e-cash payments at Brand Factory and E-Zone
Aug 12, 2016, at 10:35 pm
Gurgaon, Aug 12 (IBNS):: MobiKwik, India’s largest independent mobile payments network with over 32 million users has partnered with Brand Factory and E-zone of Future Group to power e-cash payments.
Bosch Limited registers 8.6 percent growth in net sales and income from operations
Aug 12, 2016, at 10:06 pm
Bangalore/Kolkata, Aug 12 (IBNS): Bosch Limited, a leading supplier of technology and services, on Friday said it has posted net sales and income from operations of INR 2,476 crores in Quarter 1 of the financial year 2016-17*, registering an 8.6 percent increase over the same period of the previous year.
New METRO Cash & Carry outlet opens on Mysuru Road
Aug 12, 2016, at 09:53 pm
Kolkata, Aug 12 (IBNS): India’s largest wholesaler METRO Cash & Carry continues its steady expansion with the opening of its latest wholesale outlet at Mysuru Road, Bengaluru.
Airtel launches 4G services in Kharagpur
Aug 12, 2016, at 04:00 am
Kharagpur, Aug 11 (IBNS): Telecommunications services provider Bharti Airtel on Thursday launched its 4G services in Kharagpur.
Indian markets close on a positive note on Thursday
Aug 12, 2016, at 12:21 am
Mumbai, Aug 11 (IBNS): The Indian market, which swung widely on Thursday finally ended on a positive note, with Sensex up 84.72 points to 27859.60 and Nifty up 16.85 to 8592.15.
Gamesa bags 40 MW wind order from KCT Renewable Energy in India
Aug 11, 2016, at 10:33 pm
Chennai, Aug 11 (IBNS): Gamesa, the renewable energy major in India, today announced a 40 MW wind power project from KCT Renewable Energy Pvt Ltd that will be commissioned in Molagavalli site in Andhra Pradesh.
BREXIT: Lower growth and weaker currency to impact businesses in India
Aug 11, 2016, at 10:09 pm
Kolkata, Aug 11 (IBNS): According to a research report published by Deloitte on Wednesday about the impact of Brexit on Indian businesses across industries, with growth in the United Kingdom (UK) and European Union (EU) expected to take a hit, the problem of slowing sales might get compounded by issues of a weaker currency and consequently, impact Indian businesses.
Airtel launches 4G services in Kharagpur
Aug 11, 2016, at 09:18 pm
Kharagpur, August 11 (IBNS): Bharti Airtel, a telecommunications services provider, on Thursday launched its 4G services at Kharagpur town in West Bengal.
