Singapore Airlines takes delivery of first Airbus A 350-900
Mar 03, 2016, at 12:27 am
Singapore City, Mar 2 (IBNS) Singapore Airlines on Wednesday taken delivery of its first Airbus A350-900 from the Airbus Delivery Centre in Toulouse.
Renault India launches all new Duster
Mar 03, 2016, at 12:07 am
New Delhi, Mar 2 (IBNS): Renault India, one of the country’s fastest growing automobile manufacturers, launched the all new Duster range on Wednesday.
TCS , GE enter strategic alliance to expand the industrial internet through digital reimagination
Mar 02, 2016, at 11:29 pm
Mumbai/Kolkata, Mar 2 (IBNS): Tata Consultancy Services, (TCS), a leading global IT services, consulting and business solutions organization, on Wednesday announced that as a new member of the GE Digital Alliance Program created by GE Digital, it will develop innovative digital solutions that increase the productivity of mobile workforces and assets in motion by leveraging Predix, GE’s cloud platform for the Industrial Internet.
Parryware unveils its first display studio in India
Mar 02, 2016, at 11:21 pm
New Delhi, Mar 2 (IBNS): Parryware, India’s contemporary bathroom solutions brand on Wednesday launched its first and one of a kind “Parryware Display Studio†in India at ABW Towers, IFFCO Chowk, Gurgaon.
Indian benchmark indices draw strength from RBI stance
Mar 02, 2016, at 10:52 pm
Mumbai, Mar 2 (IBNS) The Indian benchmark indices rallied for the second consecutive day on Wednesday to maintain their record gain in seven years riding on the back of performing banks stocks.
Maruti Suzuki Alto touches historic 30 lakh sales milestone
Mar 02, 2016, at 10:47 pm
New Delhi, Mar 2 (IBNS): Maruti Suzuki on Wednesday said Alto, India’s top selling model for over 10 years in a row, has crossed the 30 lakh sales milestone in the Indian market.
Tata Motors joins RE100 in drive for renewable power
Mar 02, 2016, at 09:03 pm
Kolkata / New Delhi, Mar 2 (IBNS): Tata Motors Limited, India’s largest automobile manufacturer, has become the second Indian company to join RE100 – a global collaborative initiative of the world’s most influential companies committed to 100% renewable power, led by The Climate Group in partnership with CDP.
Global Crude oil price of Indian Basket was US$ 33.22 per bbl on Tuesday
Mar 02, 2016, at 06:22 pm
New Delhi, Mar 2 (IBNS) The international crude oil price of Indian Basket as published on Wednesday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 33.22 per barrel (bbl) on Tuesday. This was higher than the price of US$ 31.86 per bbl published on Monday.
RH Muralidhara appointed as BEML director
Mar 02, 2016, at 02:23 am
New Delhi, Mar 1 (IBNS) RH Muralidhara has been appointed as Director (Defence Business) and Member of the Board of BEML Limited, a Public Sector undertaking under the Ministry of Defence.
Mar 02, 2016, at 02:23 am
New Delhi, Mar 1 (IBNS) BEML LIMITED, a Public Sector undertaking under the Ministry of Defence, has bagged the prestigious order valued at Rs. 900 crores for the supply of Metro Coaches to Kolkata East-West Metro Line.
BHEL bags Rs.5,600 crore order for Supercritical Power Project in Tamil Nadu
Mar 02, 2016, at 01:28 am
Chennai, Mar 1 (IBNS) Reposing confidence in BHEL’s technological and project execution capabilities, Tamil Nadu Chief Minister J. Jayalalithaa handed over the Letter of Award (LoA) for setting up of the Main Plant Package for the 2x800 MW Uppur Supercritical Thermal Power Project (TPP) to Atul Sobti, CMD, BHEL, in Chennai.
Honda Cars India registers monthly domestic sales of 13,020 units in Feb
Mar 02, 2016, at 01:07 am
Mumbai, Mar 1 (IBNS): Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, registered monthly domestic sales of 13,020 units in February 2016 against 16,902 units in the corresponding month last year.
Infosys to offer healthcare analytics solutions on Microsoft intelligent cloud technology
Mar 02, 2016, at 12:27 am
Bangalore, Mar 1 (IBNS): Infosys, a global leader in consulting, technology and next-generation services, on Tuesday announced that it will collaborate with Microsoft Corp., a global leader in platform and productivity offerings, to deploy advanced analytics solutions to support healthcare organizations in their digital transformation.
Renault India registers 158% growth in February 2016
Mar 02, 2016, at 12:23 am
New Delhi, Mar 1 (IBNS): Renault India, one of the fastest growing automotive companies in India registered a robust growth of 158% with monthly domestic sales of 8834 units in February 2016 as against 3419 units in the corresponding month last year.
Tata Motors sales for February 2016 at 46,674 units
Mar 01, 2016, at 10:49 pm
Kolkata / Mumbai, Mar 1 (IBNS): Tata Motors continued to witness year-on-year growth in the M&HCV segment in February 2016, with a growth of 22%.
The financial market rallies on Tuesday on expectations of a RBI rate cut
Mar 01, 2016, at 10:42 pm
Mumbai, Mar 1 (IBNS) The Indian benchmark indices, which had reacted negatively to the Union Budget 2016 on Monday and posted a decline, rallied on Tuesday based on positive global cues and on expectations of a repo rate (the rate at which the central bank lends money to commercial banks) cut by the Reserve Bank of India (RBI).
Mahindra Two Wheelers sells 9952 units during February 2016
Mar 01, 2016, at 10:36 pm
Mumbai, Mar 1 (IBNS) Mahindra Two Wheelers Ltd. (MTWL), part of the USD 16.9 billion Mahindra Group, on Tuesday announced its sales numbers, which stood at 9952 units for February 2016.
India Yamaha Motor reports a domestic sales growth of 50% in February 2016
Mar 01, 2016, at 10:30 pm
New Delhi, Mar 1 (IBNS): India Yamaha Motor Pvt. Ltd. revealed a growth rate of 50% in domestic sales in February 2016, as compared to the corresponding period last year.
The government is not considering any roll back in the EPF taxation: Reports
Mar 01, 2016, at 10:02 pm
New Delhi, Mar 1 (IBNS) The finance ministry is not considering any roll back in the proposed taxation of Employee Provident Fund (EPF) withdrawal and there is lot of misinformation about the issue, according to government sources reported a television channel.
Union Budget ignores non-voting population: CRY
Mar 01, 2016, at 09:34 pm
Kolkata, Mar 1 (IBNS): The 2016-17 Union Budget has considerably increased outlays for the social sector; yet, children remain to be at the margins of policy discussions, interface, and allocations, CRY said.
Hyundai Domestic Sales Grew by 9.1%
Mar 01, 2016, at 09:33 pm
New Delhi, Mar 1 (IBNS) Hyundai Motor India Ltd, the country’s leading car manufacturer and the largest passenger car exporter registered the domestic sales of 40,716 units in February 2016.
Moody's: India's fiscal 2017 budget is moderately credit positive
Mar 01, 2016, at 09:30 pm
Singapore, Mar 1 (IBNS) Moody's Investors Service says that India's fiscal 2017 budget - which was released on Feb 29- is moderately credit positive for most sectors, but efforts at deficit reduction will remain challenging, while the effects for public-sector banks are negative.
Mahindra’s Auto Sector sells 44,002 units during February 2016
Mar 01, 2016, at 09:12 pm
Mumbai, Mar 1 (IBNS): Mahindra & Mahindra Ltd. , India’s leading SUV manufacturer, today announced its auto sales numbers which stood at 44,002 units during February 2016 as against 38,030 units during February 2015, representing a growth of 16%.
Titan Eyeplus unveils an exciting new brand identity
Mar 01, 2016, at 09:11 pm
Kolkata, Mar 1 (IBNS) Eyewear brand Titan Eyeplus unveiled a new brand logo that has a minimalistic and contemporary look, reflecting a youthful persona of the brand.
Jet Airways makes Amit Agarwal as Acting Chief Executive Officer
Mar 01, 2016, at 09:00 pm
Mumbai, Mar 1 (IBNS): Jet Airways’ Chief Financial Officer, Amit Agarwal is taking on the responsibility as Acting Chief Executive Officer effective Mar 1.
Jet Airways to relocate domestic flight operations in Mumbai to terminal 2
Mar 01, 2016, at 08:51 pm
Mumbai, Mar 1 (IBNS): Jet Airways, India’s premier international airline, will relocate its domestic operations to the state-of-the-art Terminal 2 (T2) at Mumbai’s Chhatrapati Shivaji International Airport (CSIA) in Sahar on Mar 15.
Dissatisfaction over EPF tax may compel government to consider the decision
Mar 01, 2016, at 07:20 pm
New Delhi, Mar 1 (IBNS) The central government is likely to consider a partial rollback of the Employee Provident Fund (EPF) tax on fund withdrawals proposed in the Union Budget 2016 by finance minister Arun Jaitley on Monday following wide-spread dissatisfaction expressed by the salaried employees, according to media reports.
Global Crude oil price of Indian Basket was US$ 31.86 per bbl on Monday
Mar 01, 2016, at 06:41 pm
New Delhi, Mar 1, (IBNS) The international crude oil price of Indian Basket as published on Tuesday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 31.86 per barrel (bbl) on Monday. This was lower than the price of US$ 32.53 per bbl on published on Friday.
WhatsApp to discontinue services for several Nokia, Blackberry phones
Mar 01, 2016, at 05:45 pm
Mountain View, California, Mar 1 (IBNS) Text messaging service WhatsApp in their latest blog said that the company is about to discontinue their services for several Nokia and Blackberry phones.
Govt has made affordable housing national agenda: MB Infrabuild
Mar 01, 2016, at 05:05 am
New Delhi, Feb 29 (IBNS): Simarjit Bhogal, Snr Consultant, MB Infrabuild Pvt Ltd, on Monday said Arun Jaitley's Union Budget has made affordable housing a national agenda with a mandate of 22 million homes by 2022.
