Renault-Nissan-Mitsubishi and DiDi Chuxing sign MoU
Feb 08, 2018, at 01:26 am
Mumbai, Feb 7 (IBNS): Renault-Nissan-Mitsubishi, an automotive alliance, on Wednesday announced it has signed a memorandum of understanding with DiDi Chuxing (‘DiDi’), a Chinese mobile transportation platform, to explore future business cooperation on a new electric vehicle car-sharing program in the People’s Republic of China.
Senco Gold and Diamonds ropes in Capillary Technologies as its CRM partner
Feb 08, 2018, at 01:26 am
Kolkata, Feb 7 (IBNS): Senco Gold & Diamonds, the largest jewellery retail chain from Eastern India, has roped in Capillary Technologies as its CRM (Customer Relationship Management) partner.
Indian benchmark indices close negative for seventh consecutive session
Feb 07, 2018, at 10:04 pm
Mumbai, Feb 7 (IBNS): The Indian benchmark indices failed to raise their head on Wednesday, the seventh consecutive session, even though market breadth remained positive, according to media reports.
Feb 07, 2018, at 09:43 pm
Mumbai, Feb 7 (IBNS): The Monetary Policy Committee (MPC) of the Reserve Bank of India, on the basis of an assessment of the current and evolving macroeconomic situation, decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6 per cent.
RBI keeps repo rate unchanged in latest Policy meeting, warns of tightening monetary conditions
Feb 07, 2018, at 09:25 pm
Mumbai, Feb 7 (IBNS): The Reserve Bank of India (RBI) in its sixth bi-monthly monetary policy statement for 2017-18 said that it has kept the repo rate ( rate at which the RBI infuses liquidity in the banking system) unchanged at 6 per cent, according to media reports.
Feb 07, 2018, at 09:23 pm
New Delhi, Feb 7 (IBNS): The Union Ministry of Finance announced on Wednesday that the Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
GST Council recommendations for Housing sector to promote affordable housing for masses
Feb 07, 2018, at 08:28 pm
New Delhi, Feb 7 (IBNS): The Union Finance Ministry announced on Wednesday that in its 25th Meeting held on January 18, 2018, the Goods and Services Tax (GST) Council had made several important recommendations for the Housing Sector.
GST Council has recommended relief for RWA members, amusement park, circus, etc
Feb 07, 2018, at 08:20 pm
New Delhi, Feb 7 (IBNS): The Union Ministry of Finance, on Wednesday, announced that the Goods and Service Tax (GST) Council has recommended several measures granting relief from GST on a number of goods and services during its meeting held on Jan 18, 2018.
Sensex opens in green on Wednesday, up by 100 points
Feb 07, 2018, at 04:13 pm
Mumbai, Feb 7 (IBNS): After three days of downward movement, Sensex on Wednesday opened in green as it has gone up by more than 100 points.
Indian benchmark indices continue to bleed
Feb 06, 2018, at 11:04 pm
Mumbai, Feb 6 (IBNS): The Indian benchmark indices continued with its downward spiral on Tuesday too, with BSE Sensex down 561.22 points at 34,195.94 and NSE Nifty down 168.20 points at 10,498.30.
Union Commerce and Industry ministry launches Startupindia Ranking Framework
Feb 06, 2018, at 09:54 pm
New Delhi, Feb 6 (IBNS): The Union Minister of Commerce and Industry, on Tuesday, launched three new tools for states and Union Territories for ranking of startups in the country.
I-T Dept. has issued notices to 1 lakh crypto currency investors: CBDT chairman
Feb 06, 2018, at 09:35 pm
New Delhi, Feb 6 (IBNS): The Income Tax Department has issued about one lakh notices to people who have invested in crypto currencies like Bitcoin and have not declared it in their income tax return, CBDT (Central Board of Direct Taxes) chairman, Sushil Chandra said at an ASSOCHAM event held in New Delhi today.
Overall cargo handling by Essar Ports up 11 per cent from year-ago quarter
Feb 06, 2018, at 09:03 pm
Mumbai, Feb 6 (IBNS): Essar Ports Limited (EPL), one of India's leading private port terminal operator, reported an 11% increase in overall cargo handling for the latest December quarter, up from 8.26 million tonnes (MT) a year ago, according to a company release.
Sensex falls heavily on Tuesday, down by more than 1000 points
Feb 06, 2018, at 03:47 pm
Mumbai, Feb 6 (IBNS): Continuing the trend on Tuesday, the Sensex has gone down by more than 1000 points early in the morning.
Indian benchmark indices plummet on Monday
Feb 05, 2018, at 10:10 pm
Mumbai, Frb 5 (IBNS): Although Indian bencmark indices managed to recover some of its day's opening losses, they still recorded a sharp decline at close of business on Monday, according to media reports.
Sensex continues to slide on Monday
Feb 05, 2018, at 04:50 pm
Mumbai, Feb 5 (IBNS): The Bombay Stock Exchange (BSE) continued to fall for the second consecutive day on Monday.
Assam gets Rs 1,00,000 crore investment proposals in Global Investors’ Summit
Feb 05, 2018, at 01:17 am
Guwahati, Feb 4 (IBNS): Assam gets Rs 1,00,000 crore investment proposals from over 175 domestic and international companies in various sectors including petroleum, tourism, health, telecom, agriculture, transport.
Ola signs MoU with Assam govt to pilot River Taxi Service in Guwahati
Feb 05, 2018, at 12:31 am
Guwahati, Feb 4 (IBNS): To boost in water transport, Assam government and Ola, one of the world’s largest ride-sharing company, signed a Memorandum of Understanding (MoU) to pilot an app-based river taxi service in Guwahati.
RBI need not react to bond yields, MSP for interest rate review: ASSOCHAM
Feb 04, 2018, at 10:15 pm
New Delhi, Feb 4 (IBNS): The Reserve Bank of India should not over-react to the high yield pressures of the bond market, along with the government promising a substantial revision in the Minimum Support Price for farmers and refrain from going in for any hike in the benchmark policy lending rates when the Monetary Policy Committee meets on February 7, the ASSOCHAM has said.
Tips to choose the best credit card
Feb 04, 2018, at 09:59 pm
With an extensive range of credit cards to choose from, each offering some perk or the other, picking one according to your needs can be quite puzzling. So if you are looking to sign up for your next card, it will be worthwhile to first understand your own requirements and what you wish to get from the card. Luckily, there are specific steps you can take to help narrow down your search and find which one matches your needs.
176 MoUs worth of Rs 64,386 crore signed in Advantage Assam
Feb 04, 2018, at 02:53 am
Guwahati, Feb 3 (IBNS): The first ever investment promotion and facilitation initiative by the Assam government, Global Investors’ Summit 2018. Advantage Assam, saw Rs 64, 386 crore worth of Memorandum of Understanding (MoUs) being signed on the first day of the summit on Saturday.
Bengal Chamber holds its Annual Manufacturing and MSME Conclave
Feb 03, 2018, at 08:20 pm
Kolkata, Feb 3 (IBNS): The second edition of the Annual Manufacturing and MSME Conclave organised by the Bengal Chamber of Commerce and Industry (BCC&I) was inaugurated on Friday at the Chamber's premises in Kolkata.
Cereal prices remain stable, dairy and sugar values dip – UN
Feb 03, 2018, at 03:04 pm
New York, Feb 3 (JEN): Global food prices have remained largely unchanged since December 2017, with January prices stable for cereals and vegetable oils; weaker for dairy and sugar values; and steady for meat, the United Nations agricultural agency said Thursday.
Hero MotoCorp Ltd registers 31 percent growth in January
Feb 03, 2018, at 01:51 am
New Delhi, Feb 2 (IBNS): Fortifying its dominant market leadership at the onset of the New Year, Hero MotoCorp Ltd., the world’s largest two-wheeler manufacturer, today reported yet another month of six-lakh plus sales.
Hyundai registers cumulative growth of 8.5%
Feb 03, 2018, at 01:22 am
New Delhi, Feb 2 (IBNS): Hyundai Motor India Ltd (HMIL), the country’s second largest passenger car manufacturer and the largest exporter since inception , on Friday said it has registered the domestic sales of 45,508 units and exports of 10,708 units with cumulative sales of 56,216 units in January 2018.
Delegation of DoPT employees calls on MoS (PP) Dr Jitendra Singh
Feb 03, 2018, at 01:15 am
New Delhi, Feb 2 (IBNS): A delegation of officials of Department of Personnel and Training (DoPT), called on the Union Minister of State (Independent Charge) of the Ministry of Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh here on Friday.
Cochin Shipyard Limited signs MoU with Russian firm for development of vessels
Feb 03, 2018, at 01:12 am
New Delhi, Feb 2 (IBNS): Cochin Shipyard Limited (CSL) and Joint Stock Company United Shipbuilding Corporation (USC), Russia have signed a Memorandum of Understanding (MoU) to collaborate and engage in Design, Development and Execution of contemporary, State-of-Art vessels for Inland and Coastal Waterways.
Feb 03, 2018, at 01:10 am
Guwahati, Feb 2 (IBNS): In a major development ahead of the Global Investors’ Summit, which begins on Saturday, Assam government on Friday had signed an MoU with National Building Construction Corporation (India) Limited for setting up a Twin Tower Trade Centre in Guwahati with a project cost of Rs 1950 crore in self-financing mode.
CPI-W for December decreases by 2 points
Feb 03, 2018, at 01:08 am
New Delhi, Feb 2 (IBNS): The All-India CPI-IW for December, 2017 dropped by 2 points to touch 286, official government records released on Friday said.
Sify announces the appointment of Regional CEO-West Arindam Mukherjee
Feb 02, 2018, at 10:57 pm
Chennai, India, Feb 2 (IBNS): Sify Technologies Limited, India’s leading Data Center, Cloud, Telecom and Managed Services provider with global delivery capabilities, on Friday announced the appointment of Arindam Mukherjee as Regional CEO for the West region, India.