Flipkart revamps onboarding to help millions of MSMEs access benefits of e-commerce

Jul 22, 2019, at 11:28 pm

Kolkata / Bangalore, July 22 (IBNS): Flipkart, India’s leading e-commerce marketplace, has revamped its seller onboarding process to ease and improve the first-time e-commerce experience for India’s small businesses. To ensure easy access, the company has also stationed 13 regional teams across the country to help onboard sellers in person, by meeting with them at their premises. 

No IGST on goods taken out of India for exhibition or consignment: Govt

Jul 22, 2019, at 06:55 pm

New Delhi, Jul 22 (UNI) No IGST would be levied on goods that are taken out of India on consignment basis for exhibition or other export promotion events, the Government clarified on Monday.

Centre withdraws request to World Bank for financing Amaravati project

Jul 21, 2019, at 09:58 pm

Amaravati, July 21 (UNI): On July 15, the Union government withdrew its request to the World Bank for financing the proposed Amaravati Sustainable Infrastructure and Institutional Development Project.

INVESTMENT: Budget 2019 – Pragmatic & Balanced

Jul 19, 2019, at 08:42 pm

Indian investors were looking forward to this budget and there was a hope to get some attention from the maiden budget speech of FM Smt. Nirmala Sitharaman. However there was nothing much in store for them. Much was expected by the middle class but there are no impetuses on their savings.

Piaggio launches the new Ape’ City+ for East market in Kolkata

Jul 19, 2019, at 06:20 pm

Kolkata, July 19 (IBNS): Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian Piaggio Group (European leader of the 2Wh sector) and India’s leading manufacturer of small commercial vehicles announced the launch of the new Ape’ City+ for the Kolkata market. Ape’ City + is Piaggio’s entry into the mid-body segment of 3 wheelers. Ape’ City+ has India’s first 230 cc engine with 3 valve technology in the AF category. 

Indian Market: Sensex slumps by 560.45 points; 2-month-low

Jul 19, 2019, at 05:16 pm

Mumbai, Jul 19 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Friday dropped by 560.45 points to settle at 38,337.01, a two-month-low following concerns on FPI, trade war tensions and weak corporate earnings contributed to the fall.

L&T's Power Business wins orders from DVC

Jul 19, 2019, at 04:59 pm

Mumbai , Jul 19 (UNI) Engineering Major, Larsen & Toubro (L&T) on Friday said its Power business has bagged significant engineering, procurement and construction (EPC) orders from Damodar Valley Corporation (DVC)

McDonald’s Restaurants in West Bengal have started re-opening

Jul 19, 2019, at 04:47 pm

Kolkata, July 19 (IBNS): Connaught Plaza Restaurants Private Limited (CPRL), now wholly owned by McDonald’s, is pleased to announce that it has started re-opening its restaurants in West Bengal starting July 19, 2019. 

Tata Motors rolls out the 100,000th Nexon from its Ranjangaon plant

Jul 19, 2019, at 04:39 pm

Mumbai, July 19 (IBNS) Automobile giant Tata Motors on Friday rolled out its 100,000th Tata Nexon from its Ranjangaon facility.

Sensex slumps 318.18 points on negative global cues

Jul 18, 2019, at 05:22 pm

Mumbai, July 18 (UNI): The benchmark index of Bombay Stock Exchange (BSE) on Thursday declined by 318.18 points to settle at 38,897.46 as selling was seen across the board amid negative global cues.

Flipkart unveils the latest range of Xiaomi’s lifestyle products on its platform

Jul 17, 2019, at 06:20 pm

Kolkata, july 17 (IBNS): Flipkart Fashion is the one-stop destination for lifestyle products in India with its variety of brands, styles and designs.

Tech Mahindra moves up by 2.31 pc to Rs 691.15

Jul 17, 2019, at 04:56 pm

Mumbai, Jul 17 (UNI)Tech Mahindra on Wednesday rallied by 2.31 per cent to Rs 691.15 to be the top gainers in the 30-share Sensex pack at the Bombay Stock Exchange (BSE).

Indian Market: Sensex advances 84.60 points

Jul 17, 2019, at 04:54 pm

Mumbai, Jul 17 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Wednesday rallied by 84.60 points at 39,215.64 on brisk buying in Bank and IT stocks.

Sugar rates steady in Kolhapur market today

Jul 17, 2019, at 02:35 pm

Kolhapur, Jul 17 (UNI) The prices of M 30 and S 30 grades of sugar rates remained steady in Kolhapur sugar market on Wednesday to Rs 3280/3300 and Rs 3180/3200 per quintal respectively.

Book review: Students appearing for Limited Insolvency Examination of IBBI will benefit from this book

Jul 17, 2019, at 11:03 am

Rukmangadhan Janakiram’s 'Insolvency & Bankruptcy Code, 2016 Limited Insolvency Examination of IBBI Judicial Pronouncements' is a complete book where one can find questions and explanations as per the latest syllabus.

Vee Technologies’ global assessment: A first for a Salem Tech Centre

Jul 17, 2019, at 10:39 am

Salem, July 16 (IBNS): The Salem and Chennai facilities of global strategic services firm Vee Technologies focused on Analytics and Software Development achieved a landmark by getting appraised at CMMi maturity level 3, considered a global standard for efficiency.

India and Italy set up Fast –Track Mechanism to facilitate investors and companies

Jul 16, 2019, at 10:31 pm

New Delhi, Jul 16 (IBNS): In order to facilitate Italian companies and investors in India and Indian companies and investors in Italy, it has been decided to establish fast-track system for companies and investors of both the countries.

Flipkart likely to set up logistics hub in Kalyani near Kolkata generating 10,000 jobs: Amit Mitra

Jul 16, 2019, at 05:46 pm

Kolkata, July 15 (IBNS): West Bengal Finance Minister Amit Mitra on Monday said that e-commerce giant Flipkart is planning to set up a logistics hub in Kalyani in West Bengal generating 10,000 jobs in the state.

Godrej Interio set to open new store at Axis Mall in Kolkata

Jul 16, 2019, at 05:43 pm

Kolkata, July 16 (IBNS): Godrej Interio is all set to open a new store at Axis Mall in New Town, Kolkata, within a month, said furniture company's vice president Subodh Mehta.

Petrol rises b/w 6-10 p/l; diesel unchanged

Jul 16, 2019, at 05:41 pm

New Delhi, Jul 16 (UNI) Petrol prices continued to rise on Tuesday while diesel remained stable.

Huawei announces 3.1-bln-USD investment plan in Italy

Jul 16, 2019, at 10:24 am

Rome, Jul 16 (Xinhua/UNI) Chinese telecoms equipment maker Huawei Technologies will invest 3.1 billion US dollars over the next three years in Italy, local media reported on Monday.

Exports down by 10 per cent in June

Jul 15, 2019, at 11:18 pm

New Delhi, July 15 (UNI): Trade data for June showed that exports came down by 10 per cent at 25 billion dollars and imports also saw a drop of nine per cent.

Flipkart likely to set up logistics hub in Kalyani near Kolkata generating 10,000 jobs: Amit Mitra

Jul 15, 2019, at 06:36 pm

Kolkata, July 15 (IBNS): West Bengal Finance Minister Amit Mitra on Monday said that e-commerce giant Flipkart is planning to set up a logistics hub in Kalyani in West Bengal generating 10,000 jobs in the state.

Indian Market: Sensex up 160.48 pts

Jul 15, 2019, at 05:03 pm

Mumbai, Jul 15 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Monday advanced 160.48 points at 38,896.71 on brisk buying in IT, Healthcare and Oil& gas stocks

WPI inflation moves down to touch nearly 2-year low figure of 2.02 pct in June

Jul 15, 2019, at 04:48 pm

New Delhi, July 15 (IBNS): Wholesale price-based inflation moved down to touch  2.02 percent in June, official data released on Monday said.

Greaves Retail crosses landmark 1000 e-rickshaw sale

Jul 15, 2019, at 12:59 pm

Kolkata, July 12 (IBNS): Greaves Cotton, one of the leading and diversified engineering companies in India, recently crossed a new milestone of selling 1000 e-rickshaw.

Sensex moves down by 777.16 points during week ended July 12

Jul 13, 2019, at 02:36 pm

Mumbai, Jul 13 (UNI) The Benchmark Index of Bombay Stock Exchange plunged by 777.16 points or 1.97 pc to end the volatile week under review at 38,736.23 ,as the government's move to increase minimum public shareholding in listed companies disappointed investors. 

IGE Group deplores 'misinformation on corporate governance' against Indigo allegations

Jul 12, 2019, at 10:14 pm

New Delhi, Jul 12 (IBNS): As a continuing response to Rakesh Gangwal’s allegations on corporate governance at InterGlobe Aviation Limited (“IndiGo/IGAL”), InterGlobe Enterprises, one of the promoters of IGAL, said it will continue to place facts (rather than smoke and mirrors) in public domain.

Collinson triples its investment in India to redefine the airport experience

Jul 12, 2019, at 07:33 pm

Kolkata, July 12 (IBNS) : Collinson, a global leader in customer benefits and loyalty, has announced a multi-million-dollar investment into India to fuel additional growth of Priority Pass, its world-leading airport experiences programme.

Sensex ends lower at 38,736.23 pts on profit booking

Jul 12, 2019, at 06:22 pm

Mumbai, July 12 (UNI): The bencmark index of Bombay Stock Exchange (BSE) slipped on Friday by 86.88 points to end volalitle session on a negative note at 38,736.23 as investors book profit at higher level.