Union Cabinet approves NTPC, IOC stake sale to fetch Rs.13,000 corre
May 13, 2015, at 06:50 pm
New Delhi, May 13 (IBNS) The Union cabinet on has approved the proposal to sell 5 per cent stake in power-producer NTPC Ltd and 10 per cent ownership in Indian Oil Corp, a state-run fuel retailer major.
Vikram Solar commissions 40 MW PV plant in MP
May 13, 2015, at 03:58 am
Bhopal, May 12 (IBNS): EPC and tier 1 (Bloomberg) module manufacturer Vikram Solar has successfully commissioned a 40 MW solar plant for IL&FS Energy Development Company Limited (IEDCL).
Alstom T&D India to supply Power Grid's first 'Make in India' Gas-Insulated Substation
May 13, 2015, at 03:46 am
Bhopal, May 12 (IBNS): Alstom T&D India has been awarded a contract worth approximately €34 million (Rs. 2266 million) by Power Grid Corporation of India Limited (Power Grid) to supply two Gas-Insulated Substations (GIS).
Mahindra First Choice Wheels inaugurates first authorized dealership in Howrah
May 13, 2015, at 03:43 am
Kolkata, May 12 (IBNS): Mahindra First Choice Wheels Ltd. (MFCWL) on Tuesday inaugurated its first outlet in Howrah near Kolkata.
Jabong founders invest in Wassup, an on-demand convenience brand
May 13, 2015, at 02:02 am
New Delhi, May 12 (IBNS): Wassup, an on-demand convenience brand co-founded by Balachandar.R and Durga Das, on Tuesday announced that it has raised lead amount for the Pre Series A ofUSD 2 Mn from Arun Chandra Mohan and Praveen Sinha, the founders of Jabong.
India to grow 7.5% in FY16: Moody's
May 13, 2015, at 01:59 am
New Delhi, May 12 (IBNS): Ratings agency Moody's on Tuesday said India is forecast to be the strongest performer among the G20 countries with GDP growth of 7.5% in both 2015 and 2016.
Aditya Birla Retail to buy Jubilant Industries retail business
May 13, 2015, at 12:51 am
New Delhi, May 12 (IBNS): The Aditya Birla Retail Limited is all set to acquire Total Superstore Business, the Retail Division of Jubilant Agri & Consumer Products Limited, officials said on Tuesday.
Verizon Communications Inc to buy AOL Inc
May 13, 2015, at 12:40 am
New York, May 12 (IBNS) Verizon Communications Inc on Tuesday announced the signing of an agreement to purchase AOL Inc.
May 13, 2015, at 12:30 am
New Delhi, May 12 (IBNS) The Consumer price inflation has touched 4.87 percent in April, government data released on Tuesday said.
IIP posts 2.1% growth in March
May 13, 2015, at 12:11 am
New Delhi, May 12 (IBNS) The Index of Industrial Production (IIP) has touched 2.1 percent growth in March, the government data said on Tuesday.
IFC partners with Tata Value Homes
May 12, 2015, at 11:23 pm
New Delhi / Kolkata, May 12 (IBNS): IFC, a member of the World Bank Group, will invest $25 million alongside Tata Value Homes, a 100 percent subsidiary of Tata Housing, to finance affordable housing projects for low-income households across India.
Sensex drops more than 600 points
May 12, 2015, at 10:00 pm
Mumbai, May 12 (IBNS) The Indian market witnessed a drop with the Sensex closing 600 points down on Tuesday.
Tata Power extends Islanding System to Haldia
May 12, 2015, at 03:47 am
Kolkata, May 11 (IBNS): Integrated power Company Tata Power, has extended its 'Islanding System' to the city of Haldia as recent grid failures in recent past have created severe consequences.
Odisha assured increased allocation of fertilizers
May 12, 2015, at 01:26 am
New Delhi, May 11 (IBNS) Union Agriculture Minister Radha Mohan Singh has assured adequate allocation of fertilizer to Odisha for ensuing Kharif Season and inclusion of the state under National Food Security Mission to promote cultivation of sugarcane.
Qatar ​Airways announces 2 for 1 premium class offer
May 11, 2015, at 11:15 pm
Kolkata, May 11 (IBNS): Qatar Airways on Monday announced that it is offering customers in India a Double The Luxury promotion for Premium Class travel to destinations around the world.
Sensex closes over 400 points higher
May 11, 2015, at 10:23 pm
Mumbai, May 11 (IBNS): The Sensex stood more than 400 points higher at the end of the day's trading on Monday.
India, China likely to ink deals worth $10 billion during Modi's visit: Chinese Ambassador
May 11, 2015, at 03:55 pm
New Delhi, May 11 (IBNS) China's Ambassador to India Le Yucheng has said t Prime Minister Narendra Modi's visit to his country will be the highlight of Indo-China relations for 2015.
PM dedicates SAIL's expanded IISCO Steel Plant at Burnpur
May 10, 2015, at 10:19 pm
New Delhi/Burnpur, May10 (IBNS) Prime Minister Narendra Modi Sunday dedicated to the nation SAIL’s modernised and expanded IISCO Steel Plant (ISP) at Burnpur in West Bengal in a glittering function attended by more than one lakh enthusiastic citizens of the region.
Rajiv Pratap Rudy stresses urgent need to standardize vocational training in India
May 10, 2015, at 01:49 am
New Delhi, May 9 (IBNS) Union Minister of State for Skill Development and Entrepreneurship (Independent Charge) and Parliamentary Affairs Rajiv Pratap Rudy on Saturday presided over a National Workshop of State Ministers and other stake holders on Skill Development and Entrepreneurship Policy to discuss the policy framework and roadmap for Skill Development in the country.
Brother launches new ink refill tank printer series
May 09, 2015, at 05:17 am
Kolkata, May 8 (IBNS): Brother International, a leader in home and business IT peripherals that focuses on the 'Customer-First' approach, has launched a range of Inkjet Multi-Function Centres that features a new Refill Tank System.
Bengal Chamber of Commerce organizes business delegation to Thimpu
May 09, 2015, at 04:42 am
Kolkata, May 8 (IBNS): The Bengal Chamber of Commerce and Industry (BCC&I) and Bhutan Chamber of Commerce and Industry (BCCI) are jointly organizing a Business Delegation to Thimpu in Bhutan on May 12 and 13.
Indian Army, Bank of India sign MoU
May 09, 2015, at 03:37 am
New Delhi, May 8 (IBNS): An MoU was signed between the Indian Army and Bank of India (BOI) on the Defence Salary Package on Friday.
Nucleus Software announces FY 2015 results
May 08, 2015, at 09:55 pm
New Delhi, May 8 (IBNS) Nucleus Software, the leading provider of mission critical lending and transaction banking products to the global financial services industry, on Friday reported its consolidated results for the financial year ended March 31.
Peerless AMC appoints Harish Engineer as Independent Director
May 08, 2015, at 09:44 pm
Kolkata, May 8 (IBNS): Peerless Funds Management Co. Ltd (PFMCL), is pleased to announce the appointment of Harish Engineer as an Independent Director on its Board.
Sony India launches portable bluetooth speaker
May 08, 2015, at 09:43 pm
Kolkata, May 8 (IBNS) Taking forward its promise of delivering ground breaking and exciting entertainment, Sony India on Friday launched the all new portable bluetooth speaker- SRS-X11 and SRS-X55.
May 08, 2015, at 08:25 pm
Mumbai, May 8 (IBNS) Indian stock markets regained strength on Friday, with the BSE Sensex climbing over 500 points and the broader Nifty rising nearly 150 points.
Taj Group appoints Chinmai Sharma as Chief Revenue Officer
May 08, 2015, at 05:33 am
Mumbai / Kolkata, May 7 (IBNS): The Taj Group of Hotels on Thursday announced the appointment of Chinmai Sharma as Chief Revenue Officer.
NSE plans large capital market training programs in Bihar
May 08, 2015, at 05:28 am
New Delhi/Patna, May 7 (IBNS): India's leading stock exchange-National Stock Exchange of India (NSE)-has plans to unleash large number of investor awareness programs in the current financial year in Bihar.
JK Lakshmi introduces Pro+ Cement in West Bengal market
May 08, 2015, at 05:23 am
Kolkata, May 7 (IBNS): JK Lakshmi Cement has introduced Pro+ cement in the West Bengal markets with the commencement of its Durg plant.
Tata Docomo launches 'Emergency Talktime' credit service
May 08, 2015, at 03:04 am
Kolkata, May 7 (IBNS): Tata Docomo, the unified telecom brand of Tata Teleservices, has launched 'Emergency Talktime Service' for its prepay GSM customers in Kolkata. The service allows its customers to stay connected by enjoying credit talktime.