Ambit Alpha Fund crosses 1,000 crore in AUM
Jun 17, 2016, at 05:13 am
Mumbai, Jun 16 (IBNS): Ambit Alpha Fund, an Alternate Investment Fund (AIF) in India, managed by Ambit Investment Advisors, has crossed a milestone of Rs. 1,000 crore of assets under management within 3 years of its launch.
Cisco chooses Pune for second global delivery center in India
Jun 17, 2016, at 12:59 am
Pune, Jun 16 (IBNS): Cisco on Thursday outlined the next phase of its investment in India by expanding its Pune operations and launching the Cisco Global Delivery Center.
J&K: four militants killed, infiltration bid foiled
Jun 16, 2016, at 09:51 pm
Srinagar, June 16 (IBNS) The Army on Thursday claimed to have foiled an infiltration bid by killing four militants in Tanghdar sector of north Kashmir’s Kupwara district.
Telecom giant Sunil Bharti Mittal named ICC Chairman
Jun 16, 2016, at 09:45 pm
Sao Paulo, June 16 (IBNS) Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, has been elected Chairman of the International Chamber of Commerce (ICC).
Indian markets decline on Thursday
Jun 16, 2016, at 09:38 pm
Mumbai, Jun 16 (IBNS): The Indian market again fell into a rut on Thursday -- after posting gains on Wednesday -- with the Sensex down 200.88 points to 26525.46, and the Nifty down 65.85 points to 8140.75.
ICICI Bank organises three coin exchange melas in Jammu & Kashmir
Jun 16, 2016, at 09:05 pm
Jammu, June 16 (IBNS) : ICICI Bank Ltd, India's largest private sector bank, organised three coin exchange melas at its branches in Jammu and Udhampur in the last fortnight.
Jun 16, 2016, at 09:02 pm
Hyderabad/ Kolkata, June 16 (IBNS): Tata companies and Uber Technologies Inc. on Thursday announced a new partnership to offer driver partners on the Uber platform a comprehensive vehicle purchase and ownership solution.
New Datsun redi-GO campaign inspires the young risers
Jun 16, 2016, at 08:26 pm
New Delhi, June 16 (IBNS): Datsun India today announced the start of the ‘Ready India’ campaign to celebrate the launch of the all-new Datsun redi-GO, India’s first urban cross vehicle.
Jun 16, 2016, at 08:25 pm
New Delhi, June 16 (IBNS): Popular Social networking site Facebook has introduced updated tools and educational resources to help support people in India who may be struggling with self-injury or may be experiencing suicidal thoughts.
Siemens receives follow-up order for HVDC link in Bangladesh
Jun 16, 2016, at 08:24 pm
New Delhi, June 16 (IBNS) Siemens has received an order for an HVDC (high-voltage direct-current) back-to- back link to connect the power supply networks of India and Bangladesh.
New Mangalore Port attracts more cargo from the hinterland
Jun 16, 2016, at 07:48 pm
Mangalore, Jun 16 (IBNS): Union Ministry of Shipping said on Thursday that the proactive business promotion drive by the port administration of New Mangalore Port Trust by conducting business/trade meets at various locations in the hinterland have started to yield positive results.
Korean investment delegation visits Mahindra World Cities in Chennai and Jaipur
Jun 16, 2016, at 05:34 pm
Chennai/Jaipur, June 16 (IBNS): Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, recently hosted a first of its kind government and business delegation from South Korea at the Mahindra World Cities in Chennai and Jaipur.
Jun 16, 2016, at 03:18 am
New Delhi, June 15 (IBNS): Petrol price has been raised by 5 paise a litre while diesel price was increased by Rs 1.26 a litre, officials said on Wednesday.
BLS International listed on National Stock Exchange, closes at Rs 875 today
Jun 16, 2016, at 12:55 am
New Delhi, Jun 15 (IBNS): BLS International Services, a specialist provider for Outsourcing of Visa, Passport and Attestation Services to the Client Governments across the world has been listed on National Stock Exchange from Tuesday.
Alstom T&D India receives orders from Power Grid
Jun 16, 2016, at 12:01 am
New Delhi, June 15 (IBNS): Alstom T&D India Limited - a GE Group Company, has been awarded two contracts worth over INR 2020 million from Power Grid Corporation of India Limited for execution of projects in Madhya Pradesh. Both the projects will facilitate evacuation of power and add to availability of electricity in the central region.
Collusive fraud on the rise: KPMG’s Global profiles of the fraudster report
Jun 15, 2016, at 11:36 pm
New Delhi /Kolkata June 15 (IBNS): According to one of the latest KPMG International reports titled, Global profiles of the fraudster, 62 per cent of the frauds in India are committed in collusion, similar to global trends.
Cisco launches $10 million global cybersecurity scholarship to increase talent pool
Jun 15, 2016, at 11:23 pm
California, June 15 (IBNS): Cybersecurity provides the critical foundation organizations require to protect themselves, enable trust, move faster, add greater value and grow. However, research indicates there will be a global shortage of two million cybersecurity professionals by 2019.
Indian markets recover on Wednesday
Jun 15, 2016, at 11:22 pm
Mumbai, Jun 15 (IBNS): The Indian market managed to recover from its four days of consecutive fall on Wednesday with Sensex up 330.63 points to 26726.34 and Nifty up 97.75 points to 8206.60 .
Shoppers Stop brings special offers to celebrate Father’s Day
Jun 15, 2016, at 10:57 pm
Kolkata, June 15 (IBNS) Shoppers Stop is offering a wide range of gifting options for consumers on the occasion of Father’s Day.
Jun 15, 2016, at 10:50 pm
New Delhi, Jun 15 (IBNS): To ensure timely and adequate availability of fertilizers to farmers at affordable prices, Department of Fertilizers has approved the freight rates for the direct road movement of fertilizers upto 500 km from plant/port to block level, as recommended by the Tariff Commission and it will come into effect from Wednesday.
Jaguar announces 'ready to rule; series inspired by all-new Jaguar XE
Jun 15, 2016, at 10:34 pm
Kolkata/ Mumbai, June 15 (IBNS): To mark the launch of the new Model Year 2017 Jaguar XE, Jaguar Land Rover India, today announced the introduction of a five part television series called ‘READY TO RULE’.
Ancestral villages of 2 Indian Nobel Laureates to go digital on World Wi-Fi Day
Jun 15, 2016, at 08:27 pm
Chennai, June 15 (IBNS) On June 20 two Internet dark villages in Tamil Nadu that have produced Nobel Laureates will wake up to the joys of connectivity.
Now board an Ola in Mumbai’s fast-growing suburbs too
Jun 15, 2016, at 08:11 pm
Mumbai, June 15 (IBNS) Ola, India’s popular mobile app for transportation, today announced that it has extended its services to four adjoining locations of Mumbai.
Renault-Nissan alliance plant signs long-term settlement with employee union
Jun 15, 2016, at 07:48 pm
Chennai, India (June 15, 2016): Renault Nissan Automotive India Private Limited (RNAIPL) has formally signed a three year Long Term of Settlement agreement with its employee representative union, Renault Nissan India Thozhilalar Sangam (RNITS).
Gopal Rai resigns as Delhi transport minister o health grounds
Jun 15, 2016, at 01:35 am
New Delhi, June 14 (IBNS) In a significant development, AAP leader Gopal Rai on Tuesday said he has quit as Delhi's Transport Minister on health grounds.
Shell Lubricants India Cluster appoints Mansi Madan Tripathy as its new Managing Director
Jun 15, 2016, at 12:13 am
New Delhi /Kolkata , June 14 (IBNS): Shell Lubricants India announced the appointment of Mansi Madan Tripathy as the new Managing Director of the company. Mansi, former CMO of Shell Lubricants, would succeed Nitin Prasad, who moves on to take over as the Chairman of Shell Companies in India with effect from Aug 1.
Jun 15, 2016, at 12:11 am
Bengaluru, June 14 (IBNS): Axis Bank, India’s third largest private sector bank has associated with BengaluruMetropolitan Transport Corporation (BMTC) to launch ‘Axis Bank BMTC Smart card’, India’s first ever open loop EMV contactless smart card that would make travel by bus, a convenient and hassle free experience for the daily commuters in Bengaluru.
Reliance Securities launches TICK PRO
Jun 14, 2016, at 11:59 pm
Mumbai, June 14 (IBNS): Reliance Securities, the broking and distribution arm of Reliance Capital, on Tuesday launched India's first mobile-based options trading application - TICK PRO.
Jun 14, 2016, at 11:58 pm
Mumbai/ Kolkata, June 14 (IBNS): Tata Power's nationwide resource and energy conservation movement Club Enerji, has been relentlessly spreading awareness about resource conservation across the country, through its theme of national building.
Mahindra launches new HCV Truck series
Jun 14, 2016, at 11:48 pm
Kolkata, June 14 (IBNS): Mahindra Truck and Bus Division (MTBD), a part of the USD 17.8 billion Mahindra Group, today announced the launch of its new heavy commercial truck series under the brand name ‘BLAZO’ in Kolkata.