Indian market closes lower on Monday
Nov 14, 2017, at 12:36 am
Mumbai, Nov 13 (IBNS): The Indian market closed lower on Monday largely dragged by a weakening rupee and higher oil prices, according to media reports.
GST implementation caused ‘temporary slowdown’: ASSOCHAM-EY study
Nov 13, 2017, at 09:34 pm
New Delhi, Nov 13 (IBNS): After its launch in July 2017, there has been a temporary slowdown post implementation of Goods and Services Tax (GST) even though Government of India has ideated and implemented a number of initiatives to improve business conduciveness, noted a recent ASSOCHAM-EY joint study.
Political narrative towards reservation in pvt sector to upset investors: ASSOCHAM
Nov 13, 2017, at 09:31 pm
New Delhi, Nov 13 (IBNS): Batting surely for affirmative action , India Inc is opposed to any move to bring in reservation in the private sector as the same would certainly be a big dent on the country's investment climate and negate the perception advantage given by a jump in the World Bank Ease of Doing Business Index, ASSOCHAM today cautioned.
ACE industry urges government to propel growth in domestic manufacturing
Nov 12, 2017, at 07:29 pm
Kolkata, Nov 12 (IBNS): Consumer Electronics and Appliances Manufacturers Association (CEAMA), the industry body for the Appliances and Consumer Electronics (ACE), concluded their 38th annual function focussed on ‘Championing Change in the Indian Appliance and Consumer Electronics’.
Hindustan Copper Limited to float joint venture with NALCO and MECL for overseas mineral exploration
Nov 11, 2017, at 10:39 pm
Kolkata, Nov 11 (IBNS): Hindustan Copper Limited (HCL) on Saturday said it is set to form a joint venture with state-owned companies National Aluminium Company Ltd (NALCO) and Mineral Exploration Corporation Ltd (MECL) called KABIL- Khanij Bidesh India Limited to deal with Government-to-Government business on strategic minerals exploration and exploitation in foreign shores.
GST Council reduces tax rate on 177 items from 28 per cent to 18 per cent
Nov 10, 2017, at 11:55 pm
Guwahati, Nov 10 (IBNS): The Goods and Services Tax (GST) Council on Friday decided to reduce the tax rate on 177 items from 28 per cent to 18 per cent offering major relief to the consumers and businessmen.
Nov 10, 2017, at 11:45 pm
Kolkata, Nov 10 (IBNS): The total business of Allahabad Bank stands at Rs. 3,59,450 crores in the second quarter of this fiscal stated Smt Usha Ananthasubramanian, the Managing Director and CEO of Allahabad Bank on Friday in a press conference arranged at the bank-premises in the city.
India's factory output slows in September to 3.80 pct
Nov 10, 2017, at 11:39 pm
New Delhi, Nov 10 (IBNS): Indian's factory output has slowed down in September to stand at 3.80 per cent, as per the government data released on Friday.
Investors await CPI inflation and other data while market closes mildly higher
Nov 10, 2017, at 10:32 pm
Mumbai, Nov 10 (IBNS): The Indian market closed higher on Friday but failed to impress with BSE Sensex up 63.63 points at 33,314.56 and NSE Nifty up 12.80 points at 10,321.80.
Rates of over 100 goods under GST 28 per cent tax rate reduced, more changes expected
Nov 10, 2017, at 10:14 pm
Guwahati, Nov 10 (IBNS): The Goods and Services Tax (GST) Council, which has been holding its two-day meeting in Guwahati, reduced the tax rate of nearly 175 items from 28 per cent; however, 50 luxury and 'sin' goods, including tobacco, will remain in the highest slab, according to media reports on Friday.
Emirates Group announces half-year performance for 2017-18, records steady revenue growth
Nov 10, 2017, at 04:21 am
Kolkata, Nov 9 (IBNS): The Emirates Group on Thursday announced its half-year results for 2017-18.
Chanda Kochhar receives award from Arun Jaitley, Dharmendra Pradhan
Nov 10, 2017, at 03:40 am
New Delhi, Nov 9 (IBNS): ICICI Foundation for Inclusive Growth (ICICI Foundation), the CSR arm of the ICICI Group, was awarded by the Ministry of Skill Development and Entrepreneurship at the National Entrepreneurship Awards in New Delhi on Thursday.
Tata Power drives digitalization of its business processes in Mumbai
Nov 10, 2017, at 01:40 am
New Delhi, Nov 9 (IBNS): Tata Power on Thursday announced that it has successfully digitalized its customer facing business process to achieve higher customer experience.
SAIL achieves 21% net sales revenue growth in Q2FY18 over CPLY
Nov 10, 2017, at 12:52 am
New Delhi, Nov 9 (IBNS): Steel Authority of India Ltd. (SAIL) registered 21% growth in net sales revenue which stood at Rs. 13,442 Crore for the second quarter of FY17-18 (Q2FY18) as against Rs. 11,080 in CPLY. SAIL’s emphasis on increasing the share of high value products in its basket has begun to positively influence revenue earnings.
Indian benchmark indices move higher on Thursday
Nov 09, 2017, at 10:10 pm
Mumbai, Nov 9 (IBNS): The Indian market edged higher on Thursday, with BSE Sensex up 32.12 points at 33,250.93 and NSE Nifty up 5.80 points to 10,309.
Server Tech Pvt Ltd launches new app Hyfie
Nov 09, 2017, at 06:28 pm
Kolkata, Nov 9 (IBNS): Server Tech Private Limited, a start-up from Kolkata, recently launched its new app Hyfie.
Indian benchmark indices end lower on Wednesday
Nov 09, 2017, at 12:24 am
Mumbai, Nov 8 (IBNS): The Indian market ended lower on Wednesday with BSE Sensex down 151.95 points at 33,218.81 and the NSE Nifty was down 47 points at 10303.20.
Brand Communicator Mahul Brahma wins Brand Leadership Award 2017
Nov 09, 2017, at 12:10 am
Kolkata, Nov 8 (IBNS) Journalist-turned-author and communicator Mahul Brahma won the Brand Leadership Award 2017 given by CMO Asia.
India wakes up with Honda Grazia
Nov 08, 2017, at 11:17 pm
Mumbai, Nov 8 (IBNS): Honda Motorcycle and Scooter India Pvt. Ltd., the No. 1 scooter manufacturer in India on Wednesday unveiled its new Advanced Urban Scooter “Grazia”.
Land Rover announces off-road drive experience for customers in Kolkata
Nov 08, 2017, at 10:05 pm
Kolkata, Nov 8 (IBNS): After the kick-off of the Land Rover Experience tour in Hyderabad, followed by Kochi, Bengaluru, Mumbai, Pune, Ahmedabad, Indore, Chandigarh and Delhi, Land Rover will continue its adventurous journey in Kolkata. The customers will get to explore some of the toughest off-road terrains with the most versatile and stylish Land Rover vehicles.
Value addition in entire system can be a game changer for SAIL, says Chairman
Nov 08, 2017, at 08:05 pm
Durgapur, Nov 8 (IBNS): Steel Authority of India Ltd (SAIL) is looking forward to offer an array of value added quality products and focusing on volume too, said Chairman PK Singh, recently, at a meeting with the employees at SAIL’s Durgapur Steel Plant (DSP) in West Bengal.
Hindustan Copper Ltd to quadruple production capacity in five years
Nov 08, 2017, at 07:15 pm
Kolkata, Nov 8 (IBNS): Hindustan Copper Limited will quadruple its production capacity from 3.4 MT to 12.4 MT within five years, said Santosh Sharma, CMD, Hindustan Copper Limited at a recent meeting in Kolkata.
Yes Bank announces appointment of Ajay Rajan, Head, Transaction Banking Sales
Nov 08, 2017, at 02:23 am
Mumbai, Nov 7 (IBNS): Yes Bank, a private sector bank, has announced the appointment of Ajay Rajan as Group President & Head Transaction Banking (Trade & CMS) Sales.
Value addition in entire system can be game changer for SAIL: Chairman
Nov 08, 2017, at 01:43 am
New Delhi / Durgapur, Nov 7 (IBNS): Focusing predominantly on value added products, Steel Authority of India Ltd. (SAIL) is looking forward to offer an array of differentiated and quality products in market while focusing on value along with volume.
Nov 08, 2017, at 12:20 am
Kolkata, Nov 7 (IBNS): Hindustan Copper Limited will quadruple its production capacity from 3.4 MT to 12.4 MT within five years, stated Santosh Sharma, CMD, Hindustan Copper Limited at a press conference, here on Tuesday.
Why business can’t do today without Strategic Management
Nov 07, 2017, at 10:33 pm
Absolutely, no sugar coating now. Let’s face the truth. You cannot guarantee success when you embrace uncertainty and venture on your own. We strive and struggle in a competitive business environment, don’t we?
Nov 07, 2017, at 10:12 pm
No one person is same. The same holds true for the management style. A person may stick to his default management style throughout the life, or change it to accommodate the business changes. The management styles have evolved drastically and branched out in many more sub-styles over the years with changing times. However, they are still classified into six main types:
Mahindra Lifespaces launches its industrial clusters brand-Origins
Nov 07, 2017, at 10:02 pm
Mumbai, Nov 7 (IBNS): Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development arm of the Mahindra Group, today introduced, its new brand of industrial clusters located across India. ‘Origins' by Mahindra World City’ envisions accelerated economic growth via world-class industrial ecosystems that will attract investment in manufacturing, and promote ‘Make in India’.
Indian market closes lower on Tuesday
Nov 07, 2017, at 09:52 pm
Mumbai, Nov 7 (IBNS): Te Indian market closed lower on Tuesday, with BSE Sensex down 360.43 points at 33,370.76 and NSE Nifty down 101.60 points at 10,350.20.
ASSOCHAM seeks relief for exporters on GST issues
Nov 07, 2017, at 09:48 pm
New Delhi, Nov 7 (IBNS): ASSOCHAM has suggested examining the impact of the Goods and Services Tax (GST) on exports and impressing upon the GST Council and the government to help exporters receive their tax refunds without any further delay, besides easing rules for the GST administration on exports to maintain the growth momentum.