Sensex closes 351 points below
Jun 03, 2015, at 10:44 pm
Mumbai, June 6 (IBNS): The Sensex closed 351 points down as trading in the Indian market ended on Wednesday.
ACME commissions 100 MW Solar PV Plant in Rajasthan
Jun 03, 2015, at 08:34 pm
Jaipur, June 3 (IBNS): Solar power producer ACME on Wednesday announced the commissioning of 100 megawatts (MW) solar power plant in Rajasthan, thus fulfilling its commitment towards the National Solar Mission Phase - II.
Raymond introduces its finest linen fabric
Jun 03, 2015, at 07:32 pm
Kolkata, June 3 (IBNS): Raymond launched its finest linen fabric 'Raymond Linen' in Kolkata on Tuesday.
Axis Bank enables booking of lockers via mobile app
Jun 03, 2015, at 04:29 am
Mumbai, June 2 (IBNS): Private sector bank Axis Bank on Tuesday announced an initiative of enabling its customers to book lockers online using their smartphones.
ATC India announces appointment of Ashwani Kumar Khillan as COO
Jun 03, 2015, at 03:46 am
Kolkata, June 2 (IBNS): American Tower Corporation (ATC) India, a leading independent tower company in the country, on Tuesday, announced the appointment of Ashwani Kumar Khillan as Chief Operating Officer (COO).
FM underlines need for Indigenisation of paper, ink and security features of Indian currency
Jun 03, 2015, at 02:35 am
New Delhi, June 2 (IBNS): The Union Finance Minister Arun Jaitley underlined the need for indigenisation of paper, ink and security features of Indian currency.
BSNL to offer free national roaming from June 15
Jun 03, 2015, at 01:06 am
New Delhi, June 2 (IBNS): The Centre on Tuesday announced that state-run telecom Bharat Sanchar Nigam Limited will offer Free national roaming from June 15.
Sensex closes 660 points below
Jun 02, 2015, at 10:01 pm
Mumbai, June 2 (IBNS) The Sensex closed 660 points below as the Indian market closed on Tuesday.
Free national roaming on BSNL from June 15
Jun 02, 2015, at 07:57 pm
New Delhi, June 2 (IBNS) The state-run telecom Bharat Sanchar Nigam Limited will offer free national roaming from June 15.
Jaguar XJ records highest growth of 300 pc in 12 months
Jun 02, 2015, at 06:48 pm
Kolkata / Mumbai, June 2 (IBNS): Jaguar announced that its flagship model XJ, has achieved remarkable performance with a growth of 300% in just one year since start of its local manufacturing in India in June 2014.
RBI likely to cut interest rates today
Jun 02, 2015, at 04:29 pm
Mumbai, Jun 2 (IBNS) Speculations are rife on whether the Reserve Bank of India will cut interest rates on Tuesday as RBI Governor Raghuram Rajan is set to announce the second bi-monthly monetary policy statement around 11 am.
Exim Bank backs Jalandhar's leather industry to go international
Jun 02, 2015, at 04:49 am
Jalandhar, June 1 (IBNS): Export-Import Bank of India (Exim Bank)and Punjab Leather Federation(Council of Leather Exports, Punjab) have announced their intent to explore areas of cooperation through which leather and leather product companies in the Jalandhar district of Punjab can be supported in accessing international markets.
Tata Motors exports witness growth of 47% in May
Jun 02, 2015, at 04:39 am
Kolkata / Mumbai, June 1 (IBNS): Tata Motors continued to witness strong growth in certain key segments as passenger cars (excluding UV's), M&HCV and Exports grew by 32%, 17% and 47%, respectively, year-on-year; with the total commercial and passenger vehicles sales (including exports) in May 2015 of 39,496 vehicles, a growth of 5% over 37,538 vehicles sold in May 2014.
Mamata outlines initiatives to help businesses grow faster in WB
Jun 02, 2015, at 04:27 am
Kolkata, June 1 (IBNS): West Bengal Chief Minister Mamata Banerjee on Monday asked industrialists to take advantage of the multitude of business-friendly initiatives launched by her government.
Tom von Bonsdorff appointed as Volvo Auto India Managing Director
Jun 02, 2015, at 03:38 am
Kolkata, June 1 (IBNS): Jari Kohonen, Vice President Asia-Pacific, Volvo Cars Group on Monday announced that Tom von Bonsdorff will take up the position as Managing Director, Volvo Auto India.
Maruti Suzuki India Limited sells 114,825 units in May
Jun 02, 2015, at 03:13 am
New Delhi, June 1 (IBNS): Car market leader Maruti Suzuki India Limited on Monday said the company sold a total of 114,825 units in May.
Core sector output reduces by 0.4pct in April
Jun 02, 2015, at 02:55 am
New Delhi, June 1 (IBNS) The output of the eight key infrastructure industries have reduced by 0.4 per cent in April, the government data said on Monday.
MTWL sales numbers for May stands at 12,415 units
Jun 01, 2015, at 11:02 pm
Mumbai, June 1 (IBNS): Mahindra Two Wheelers Ltd. (MTWL), part of the USD 16.9 billion Mahindra Group, on Monday announced its sales numbers for May 2015, which stood at 12,415 units.
LG opens pre-booking of its next flagship smartphone G4 in India
Jun 01, 2015, at 10:01 pm
New Delhi, June 1 (IBNS) LG's much awaited flagship smartphone of the year, the LG G4 will now be available for pre-booking in India. LG invites consumers to pre-book the much awaited LG G4 and get an assured chance to be a part of the mega launch event in Mumbai in June 2015, with Bollywood superstar Amitabh Bachchan.
Hyundai domestic sales up by 3.4%
Jun 01, 2015, at 10:00 pm
New Delhi, June 1 (IBNS): Hyundai Motor India Ltd, the country's leading premium car manufacturer and the largest passenger car exporter registered the domestic sales of 37,450 units and exports of 15,065 units with cumulative sales of 52,515 units for the month of May.
Sharif Rangnekar takes over as Chairman of Integral PR
Jun 01, 2015, at 09:54 pm
New Delhi, June 1 (IBNS): As part of an exercise to deepen and broad-base its market strategy, Integral PR Services Pvt Ltd, has made changes to its leadership structure.
United Spirits appoints Abanti Sankaranarayanan as business head
Jun 01, 2015, at 09:53 pm
Mumbai, June 1 (IBNS) United Spirits Limited (USL), the leading spirits company in India, and a subsidiary of Diageo plc, welcomed Abanti Sankaranarayanan as Business Head for Luxury and Corporate Relations, India.
Nifty closes five points below
Jun 01, 2015, at 09:29 pm
Mumbai, June 1 (IBNS) The Nifty ended five points below as trade in the Indian market closed on Monday.
Jet announces four-day offer on international flights
Jun 01, 2015, at 09:14 pm
Mumbai, June 1 (IBNS): Jet Airways, India's premier international airline, on Monday announced a special four day offer on international flights for Premiere and Economy travel.
L&T Construction wins orders valued Rs 1099 crores
Jun 01, 2015, at 07:19 pm
Mumbai, June 1 (IBNS): The construction arm of L&T has won orders worth Rs 1099 across various business segments in May 2015.
L&T records 8pct increase on y-o-y basis
May 31, 2015, at 05:42 am
Mumbai, May 30 (IBNS): Larsen & Toubro recorded Consolidated Gross Revenue of Rs 92762 crore for the year ended March 31, registering an increase of 8% on a y-o-y basis over the previous year.
Micro, Small and Medium Enterprises: Cabinet approves MoU signed between India, Sweden
May 30, 2015, at 10:08 pm
New Delhi, May 30 (IBNS) The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval for signing of the Memorandum of Understanding (MoU) between India and Sweden on cooperation in the field of Micro, Small and Medium Enterprises.
SAIL Crude Steel production up by 10% in Q4 FY15
May 30, 2015, at 06:39 am
New Delhi, May 29 (IBNS): Public sector behemoth Steel Authority of India Limited (SAIL) produced 3.72 million tonnes (MT) of crude steel in Q4 which was 10% higher as compared to 3.38 MT over the corresponding period last year (CPLY). The profit After Tax in Q4 FY15 was Rs 334 crores against Rs 453 crores CPLY.
Bosch Limited records PBT at Rs. 1,956 crores
May 30, 2015, at 02:29 am
Bengaluru, May 29 (IBNS): Bosch Limited, a leading global supplier of technology and services, has registered net sales and income from operations of INR 11,941 crores for the past 15 months.
Mahindra & Mahnidra Q4 FY15 announces financial results
May 30, 2015, at 02:19 am
Mumbai, May 29 (IBNS): The Board of Directors of Mahindra and Mahindra Limited (the company or M&M) on Friday announced the financial results for the quarter ended 31st March 2015 of the company and the audited results for the year ended 31st March 2015 for the company and the consolidated Mahindra Group.