The Indian market sees benchmarks soar to new heights on Tuesday
Jan 23, 2018, at 10:05 pm
Mumbai, Jan 23 (IBNS): The Indian market scored a couple of records on Tuesday with the NSE Nifty crossing the 11,000 mark for the first time ever and the BSE Sensex hitting the psychological 36,000 mark, according to media reports.
Titan Eyeplus launches it first boutique store at Park Street in Kolkata
Jan 23, 2018, at 09:16 pm
Kolkata, Jan 23 (IBNS): Titan Eyeplus, an optical retail chain from Titan Company Limited, inaugurated its first boutique eyewear store in Kolkata, West Bengal.
IMF forecasts 7.4 pct growth for India in FY19
Jan 23, 2018, at 03:02 pm
New Delhi, Jan 23 (IBNS): Giving positive report, the International Monetary Fund (IMF) on Monday forecast that India will grow at 7.4% in FY19.
Unemployment to remain high, quality jobs harder to find in 2018 – UN labour agency
Jan 23, 2018, at 02:06 pm
New York, Jan 23 (JEN): While the global economy has kept up modest growth, the total number of unemployed people will likely remain high in 2018 – at above 192 million – and it will be harder to find a decent job, the United Nations labour agency reported on Monday.
Infosys partners with A.S. Watson Group for Technology and digital transformation initiatives
Jan 23, 2018, at 02:53 am
Hong Kong, Jan 22 (IBNS): Software major Infosys, on Monday announced a strategic partnership with the A.S. Watson Group (ASW), the world’s largest international health and beauty retailer, to accelerate ASW’s digital transformation initiatives.
Ashok Leyland launches the ‘DOST+’ with 2.75 Ton GVW to address the upper end of the SCV Segment
Jan 23, 2018, at 02:52 am
Kolkata, Jan 22 (IBNS): Ashok Leyland, flagship of the Hinduja Group, and one of the largest commercial vehicle manufacturers in India, on Monday launched the ‘DOST+’ – the new Light Commercial Vehicle (LCV) in Kolkata.
Nissan India launches F1 (Fix It Right First Time) Solution
Jan 23, 2018, at 02:50 am
Kolkata, Jan 22 (IBNS): Automobile major Nissan India on Monday launched a comprehensive and robust service solution – F1 (Fix It Right First Time) aimed at enhancing customer ownership experience. Launched during the 8th edition of ‘Happy with Nissan’ – an after sales campaign, F1 Solution (Fix it Right First time) aims to address and solve all vehicle concerns and customer queries in the first attempt.
Study forecasts gross NPAs to rise to Rs 9.5 lakh crore by March ’18
Jan 22, 2018, at 11:15 pm
Mumbai, Jan 22 (IBNS): With Indian banking sector currently under stress, gross NPAs are expected to rise from March 2017 level of Rs 8 lakh crore to Rs 9.5 lakh crore as on March 31, 2018 i.e. about 10.5 per cent of total advances, while stressed assets are expected to be at Rs 11.5 lakh crore, noted a just-concluded ASSOCHAM-Crisil joint study.
Indian market closes on fresh record high on Monday
Jan 22, 2018, at 09:58 pm
Mumbai, Jan 22 (IBNS): Indian benchmark indices ended at fresh record closing high on Monday with BSE Sensex up 286.43 points at 35,798.01 and NSE Nifty up 71.50 points at 10,966.20.
Jan 22, 2018, at 05:14 pm
Kolkata, Jan 22 (IBNS) The recently concluded Bengal Global Business Summit' (BGBS) 2018 brought in a lot of participation from business houses globally with Italy showing a big interest in doing business here.
Guwahati city to deck up prior to Global Investors’ Summit
Jan 22, 2018, at 03:22 am
Guwahati, Jan 21 (IBNS) : In a bid to make the first ever Global Investors’ Summit to be held at Guwahati on Feb 3 and 4 successful, Assam Chief Minister Sarbananda Sonowal asked all the officers and other agencies directly or indirectly associated with organising the summit to gear up and make all possible efforts.
India loses 4% of GDP to mal-nutrition; ASSOCHAM-EY Paper to FM Jaitley in run up to Budget
Jan 22, 2018, at 12:23 am
New Delhi, Jan 21 (IBNS): As Finance Minister Mr Arun Jaitley is busy giving final touches to the Union Budget for 2018-19, an ASSOCHAM-EY joint paper has said that nearly 4 per cent of India’s GDP is estimated to have been lost due to mal-nutrition and certainly women and children deserve a better deal in expenditure outlay, since the country hosts 50 per cent of under-nourished children of the world and women and girl children fall last in the household food serving.
Jan 21, 2018, at 02:08 am
New Delhi, Jan 20 (IBNS): The Government of India on Saturday said it has entered into an agreement with ONGC today for the strategic sale of its 51.11% equity share-holding in HPCL at a consideration of Rs. 36,915 crore.
Speedo launches its first store in Kolkata at Forum Courtyard mall
Jan 20, 2018, at 01:34 am
Kolkata, Jan 19 (IBNS): Speedo, the world’s leading swimwear brand, launched its first exclusive store, in Kolkata, at Forum Courtyard Mall.
SPIC MACAY to hold its sixth international convention in June this year
Jan 19, 2018, at 11:43 pm
Kolkata, Jan 19 (IBNS): SPIC MACAY and IIT Kharagpur in collaboration with Kolkata's Bengal Chamber of Commerce and Industries (Bengal Chamber) recently held the curtain raiser to the sixth international convention of SPIC MACAY.
Jan 19, 2018, at 11:24 pm
New Delhi, Jan 19 (IBNS): Honda Cars India Ltd (HCIL) on Friday announced that it will voluntarily replace Takata passenger front airbag inflators of 22,834 vehicles of 2013 model of Accord, City and Jazz as part of Honda’s precautionary global recall campaign concerning Takata front airbag inflators.
Indian benchmark indices close higher on Friday
Jan 19, 2018, at 11:20 pm
Mumbai, Jan 19 (IBNS): The Indian market closed high on Friday, with BSE Sensexwas up 251.29 points at 35,511.58 and NSE Nifty up 77.70 points at 10,894.70.
SPIC MACAY to hold its sixth international convention in June this year
Jan 19, 2018, at 11:07 pm
Kolkata, Jan 19 (IBNS): SPIC MACAY and IIT Kharagpur in collaboration with Kolkata's Bengal Chamber of Commerce and Industries (Bengal Chamber) recently held the curtain raiser to the sixth international convention of SPIC MACAY.
Jan 19, 2018, at 09:41 pm
Kolkata, Jan 19 (IBNS): West Bengal Transport Infrastructure Development Corporation Ltd (WBTIDCL), a fully owned company under the Transport Department, Government of West Bengal and Ola, India’s most popular mobility platform, have signed an MoU to create 5000 entrepreneurial opportunities in the state.
ITC reports net profit up 16.8 per cent in December quarter
Jan 19, 2018, at 08:30 pm
Kolkata, Jan 19 (IBNS): ITC Limited, the Indian conglomerate with diversified business segments, reported its financial results for the quarter ended December 31, 2017 on Friday.
icanstay.com partners with SBI credit cards, offers discounts on hotel bookings
Jan 19, 2018, at 06:28 pm
New Delhi, Jan 18 (IBNS): icanstay.com, India’s leading aggregator, has partnered with SBI credit cards to offer discounts for all its credit card holders.
Improved economic conditions boost air-traveller numbers worldwide – UN agency
Jan 19, 2018, at 02:35 pm
New York, Jan 19 (JEN):A record 4.1 billion passengers took to the skies in 2017 onboard some 37 million scheduled flights globally, the United Nations civil aviation agency reported Thursday, highlighting that the fastest growth was seen among low-cost carriers.
GST Council approves rate change for 29 goods, 53 categories of services
Jan 19, 2018, at 04:36 am
New Delhi, Jan 18 (IBNS): The Goods and Services Tax (GST) Council on Thursday approved a change in tax rates of 29 goods and 53 categories of services.
Jaitley holds Pre-Budget consultations with Finance Ministers of States/ Union Territories
Jan 19, 2018, at 02:59 am
New Delhi, Jan 18 (IBNS): Union Finance Minister Arun Jaitley held the Pre-Budget consultations with the Finance Ministers of all the States and UTs (with Legislature) at Vigyan Bhawan in the national capital on Thursday.
NSE conducts live trading from DR Site
Jan 18, 2018, at 02:13 am
Mumbai, Jan 17 (IBNS): National Stock Exchange of India Ltd (NSE) on Wednesday completed live trading from its new Disaster Recovery (DR) site, on Monday and Tuesday.
SBI ties up with Transfast Remittance LLC for remittance
Jan 18, 2018, at 01:00 am
Mumbai, Jan 15 (IBNS): State Bank of India (SBI) – the largest commercial bank in India – announced tie-up with Transfast Remittance LLC - the USA based payment network since 25 years with a network that covers over 6 billion people across 120+ countries – for inward remittance from the USA to India.
Indian benchmark indices close positive on Wednesday
Jan 17, 2018, at 10:49 pm
Mumbai, Jan 17 (IBNS): The Indian market ended on a positive note on Wednesday with BSE Sensex closing above 35,000 levels and the news that the Union government has reduced the requirement of additional borrowing for FY18, according to media reports.
ASSOCHAM seeks higher outlay for education in Budget
Jan 17, 2018, at 10:16 pm
New Delhi, Jan 17 (IBNS): Seeking enhanced outlay for education in the coming Budget, the ASSOCHAM has sent a communication to the Finance Minister Arun Jaitley, also making out a case for relief to higher education under Goods and Services Tax (GST).
Euro NCAP finds Volvo XC60 is overall safest car in 2017
Jan 17, 2018, at 09:56 pm
Kolkata, January 14 (IBNS): Swedish vehicle manufacturer Volvo Cars (popularly known as VOLVO) said in a recent press release that its XC60 has been adjudged the best performing large off-roader, and the car with the best overall performance of 2017 in the Euro NCAP 2017 Best in Class safety awards.
Tirupati Vessel announces Rs 250-cr projects at the Bengal Global Business Summit 2018
Jan 17, 2018, at 09:07 pm
Kolkata, Jan 17 (IBNS): Tirupati Vessel Pvt Ltd, a logistics support provider in the waterways sector, on Wednesday,announced a Rs 250-crore twin integrated RoRo (roll-on-roll-off) services and a Floating Haat Bazar project in West Bengal at the fourth Bengal Global Business Summit 2018.