David Malpass becomes 13th President of World Bank Group
Apr 06, 2019, at 06:01 am
Washington, Apr 6 (IBNS): The Executive Directors of the World Bank on Friday unanimously selected David R. Malpass as President of the World Bank Group for a five-year term beginning on Tuesday.
Petrol gets dearer by 5 p/l; diesel price remains stable
Apr 05, 2019, at 04:20 pm
New Delhi, Apr 5 (UNI) Petrol prices gets dearer by 5 paise per litre while diesel remains unchanged on Friday.
Jet crisis: Lenders to pursue Bank-Led Resolution Plan for sale of stake
Apr 04, 2019, at 11:50 pm
Mumbai, Apr 4 (IBNS): The Lenders of Jet Airways (India) Limited met on Thursday to take stock of the current situation of the company.
RBI cuts Repo rates by 25 bps to 6 per cent, loans expected to get cheaper
Apr 04, 2019, at 01:11 pm
Mumbai, Apr 4 (UNI): The Reserve Bank of India on Thursday cut the repo rate by 25 basis points to 6 per cent.
Agreed to sacrifice control of airline for lasting welfare: Jet Airways ex-chairman Naresh Goyal
Apr 03, 2019, at 09:48 pm
Mumbai, Apr 3 (IBNS): Amid the growing crisis, promoter and former chairman of Jet Airways Naresh Goyal on Wednesday said he has agreed to sacrifice the control and interest in the Airline for the sake of its lasting welfare.
Apr 03, 2019, at 05:52 pm
Kolkata, Apr 3 (IBNS): Sanyo, Panasonic’s online brand, on Wednesday announced its foray into the Air Conditioner segment and launched a lineup of Inverter Air Conditioners in the country.
Mahindra first Indian brand to roll out 3 million tractors
Apr 03, 2019, at 05:43 pm
Mumbai, Apr 3 (IBNS): Automobile major Mahindra & Mahindra Ltd., part of the USD 20.7 billion Mahindra Group, on Wednesday announced that it had become the first Indian tractor brand to rollout 3 million tractors.
India's GDP to grow at 7.2pc in 2019, says ADB
Apr 03, 2019, at 05:36 pm
New Delhi, Apr 3 (UNI) The Asian Development Bank (ADB) on Wednesday projected India’s GDP to grow at 7.2 per cent in 2019 and 7.3 per cent in 2020 due to stronger consumption, lower policy interest rates and income support to farmers.
TVS Radeon crosses 1 lakh sales milestone
Apr 03, 2019, at 05:34 pm
Hosur, Apr 3 (UNI) Two and three-wheeler manufacturer TVS Motor Company on Wednesday announced that their 110cc commuter motorcycle TVS Radeon has crossed the 1 lakh sales milestone.
Indian Market: Sensex down by 179.53 pts
Apr 03, 2019, at 05:22 pm
Mumbai, Apr 3 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Wednesday went down by 179.53 points to 38,877.12 on protit booking by local operators at higher level.
Indian market: Reference rate fixed at 68.4896 against USD
Apr 03, 2019, at 03:04 pm
Mumbai, Apr 3 (UNI) The Financial Benchmarks India Private Limited (FBIL) on Wednesday fixed the reference rate at 68.4896 against the US Dollar down by 63.02 paise over the previous rate of 69.11.98.
Jet fuel prices up by 1 per cent from April
Apr 02, 2019, at 06:33 pm
New Delhi, Apr 2 (UNI) Prices of aviation turbine fuel (ATF) have been increased by 1 per cent effective from April 1, this year.
-1554207996.jpg "Nissan India appoints Sriram Padmanabhan as Vice President- Marketing")
Nissan India appoints Sriram Padmanabhan as Vice President- Marketing
Apr 02, 2019, at 05:56 pm
New Delhi/Kolkata, Apr 2: Automobile major Nissan India on Tuesday said it has appointed Sriram Padmanabhan as Vice President – Marketing, Nissan Motor India Private Limited (NMIPL).
Indian Market: Sensex ends at 39,056.65, all-time-high
Apr 02, 2019, at 04:45 pm
Mumbai, Apr 2 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Tuesday breaching 39K level to 39,056.65, an all-time-high amid buying in select blue-chip counters such as Tata Motors, Bharti Airtel, TCS and Bajaj Finance amid strong global cues.
Honda 2Wheelers India closes the challenging FY2018-19 with all time high exports
Apr 02, 2019, at 04:00 pm
Gurugram, Apr 2 (IBNS): Despite domestic two-wheeler industry slowdown since December 2018, Honda Motorcycle & Scooter India Pvt. Ltd. on Tuesday said it has closed the challenging fiscal year 2018-19 with 'all time high export' sales in a single year.
MG Motor unveils India’s first internet car
Apr 02, 2019, at 03:56 pm
New Delhi, Apr 2 (IBNS): Marquee British Automaker MG Motor (Morris Garages) showcased never seen before car technology in India with the launch of the iSMART Next Gen, developed in partnership with global technology players.
Bank of Baroda is now second largest public sector bank on strength of ‘Power of 3’
Apr 01, 2019, at 05:42 pm
New Delhi, Apr 1 (IBNS): From April 1, 2019, the amalgamation of Bank of Baroda, Vijaya Bank and Dena Bank comes into effect to create India’s second largest public sector bank.
Ashok Leyland sales down by 4.09 percent in March
Apr 01, 2019, at 05:21 pm
Mumbai, Apr 1 (UNI) Commercial Vechile,Ashok Leyland reported a decline of 4.09 percent in its total sales for the month of March 31, 2019 at 21,535 units as against 22,453 units during the same month of the previous year.
Zomato expands food delivery business to over 200 cities in India
Apr 01, 2019, at 05:19 pm
New Delhi, Apr 1 (IBNS): Food delivery and restaurant discovery firm Zomato on Monday announced that it has expanded its online ordering and food delivery services to more than 200 cities in India.
Indian Market: Sensex ends firm at 38,837.18 pts; 164.27 pts up
Apr 01, 2019, at 05:12 pm
Mumbai, Apr 1 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Monday surged by 164.27 points at 38,837.18 points following gains in metal, PSBs, and IT stocks amdi posttive global cues.
Maruti Suzuki sells 158,076 units in March
Apr 01, 2019, at 05:04 pm
New Delhi, Apr 1 (IBNS): Automobile major Maruti Suzuki India Limited on Monday said it sold 158,076 units in March 2019.
Chennai: Inox opens third multiplex
Apr 01, 2019, at 05:02 pm
Chennai, Ap 1 (UNI) Multiplex chain, INOX Leisure Limited, launched its third multiplex in Chennai.
Punjab expecting record wheat production
Apr 01, 2019, at 04:58 pm
Moga, Apr 1 (UNI) Punjab agriculture department expects a bumper wheat crop production of 180 lakh tonnes this year.
Mamata Banerjee wishes all employees of RBI on its foundation day
Apr 01, 2019, at 04:34 pm
Kolkata, Apr 1 (UNI) West Bengal Chief Minister Mamata Banerjee on Monday opined that the ''dignity of the Reserve Bank Of India (RBI) has diminished in recent times''.
GST collections for March touches Rs. 1.06 lakh crore
Apr 01, 2019, at 03:45 pm
New Delhi, Apr 1 (IBNS): Revenue collection from Goods and Services Tax (GST) touched Rs. 1.06 crores in the month of March, officials said on Monday.
Dena Bank, Vijaya Bank merge with Bank of Baroda, effective from today
Apr 01, 2019, at 01:32 pm
Mumbai, Apr 1 (IBNS): The merger of Dena Bank and Vijaya Bank with Bank of Baroda came into effect on Monday, media reports said.
Apr 01, 2019, at 12:17 pm
Mumbai, Apr 1 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Monday advanced by 258.16 points at 38,931 as buying was seen across the board.
Ford recalls vehicles for defective electronic throttles in China
Mar 31, 2019, at 06:21 pm
Beijing, Mar 31 (Xinhua/UNI) Ford Motor (China) has announced a plan to recall 610 vehicles sold in the Chinese market due to defective electronic throttles, according to China's market regulator.
Jet Airways clears pending Dec salaries of pilots, other staff
Mar 31, 2019, at 11:14 am
Mumbai, Mar 31 (IBNS): Cash-strapped Jet Airways has finally cleared the pending December salaries of staff amid threats by pilots to stop operating flights from April 1.
Indian fuel rates: Petrol price increases by 5 p/l; diesel gets slashed
Mar 30, 2019, at 04:16 pm
New Delhi, Mar 30 (UNI) Petrol prices were raised by 5 paise per litre on Saturday while diesel gets slashed by 8 p/l across major cities of the country.