Indian markets end flat on Thursday
Jul 08, 2016, at 02:16 am
Mumbai, Jul 7 (IBNS): The Indian market closed flat on Thursday largely due to consolidation ahead of the June earnings seasons, which is expected to begin next week, and the monsoon session of the Parliament to begin on July 18, according to media reports.
Infosys implements sustainability initiatives at its Chennai campus
Jul 08, 2016, at 02:15 am
Chennai, July 7 (IBNS): Infosys, in its recently launched Sustainability Report, highlighted that one of the buildings in its Chennai campus has been retrofitted with insulation to reduce the heat ingress by 25%, thereby reducing the cooling energy consumption and improving occupancy comfort.
RJIL issues Rs 2,000 crore 5-year NCDs
Jul 08, 2016, at 01:50 am
Mumbai, Jul 7 (IBNS): Reliance Jio Infocomm Limited (RJIL), a subsidiary of Reliance Industries Limited (RIL) and the first telecom operator to hold pan India Unified License, on Thursday, issued Rs 2,000 crore of 5-year Non-Convertible Debentures (NCDs), bearing a coupon of 8.32% per annum, payable annually.
New Porsche 911 now available in Indian market
Jul 07, 2016, at 09:28 pm
Mumbai, Jul 7 (IBNS): Porsche India introduced the new Porsche 911 range, known for its cutting-edge technological advancements, including more power, refined design and increased efficiency, to the Indian market recently.
Jul 07, 2016, at 03:55 am
Kolkata, July 6 (IBNS) The Income Declaration Scheme 2016 offers a one-time opportunity to persons who have not paid full taxes in the past, to declare their undisclosed incomes and assets voluntarily and participate in nation building, said Ashis Verma, Principal Commissioner of Income Tax, while addressing a press conference here.
Datsun becomes India’s fastest growing car brand
Jul 06, 2016, at 08:55 pm
New Delhi, July 6 (IBNS) Datsun was the fastest growing car brand in India in June, recording sales growth of 188 percent compared to the same period last year.
The gaining spree of Indian benchmark indices halts on Tuesday
Jul 06, 2016, at 04:49 am
Mumbai, Jul 5 (IBNS): Indian benchmark indices declined on Tuesday, snapping its six consecutive days of gain, on the back of profit booking, especially in auto stocks, and weak global cues, with Sensex down 111.89 points to 27166.87 and Nifty down 34.75 points to 8335.95.
Tata Steel conferred with 'Five Star Award'
Jul 06, 2016, at 04:00 am
Jamshedpur/ Kolkata, July 5 (IBNS): The Noamundi Iron Mine of Tata Steel is conferred with the Five-Star Award for undertaking mining activities in a sustainable manner.
WB can create 1 cr jobs, attract Rs 10 lakh cr investments in next 5 years: ASSOCHAM
Jul 06, 2016, at 01:20 am
Kolkata, July 5 (IBNS): West Bengal has the potential to create one crore jobs and attract investments of up to Rs 10 lakh crore during the course of next five years, which will accelerate the state's economic growth and lead to social welfare of its people, the apex industry body ASSOCHAM said.
-1467727444.jpg "Cabinet approves setting up a major port at Enayam near Colachel in Tamil Nadu")
Cabinet approves setting up a major port at Enayam near Colachel in Tamil Nadu
Jul 06, 2016, at 01:04 am
New Delhi, July 5 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi has given its 'in-principle' approval for setting up a Major port at Enayam near Colachel in Tamil Nadu.
-1467726503.jpg "Cabinet approves the National Apprenticeship Promotion Scheme")
Cabinet approves the National Apprenticeship Promotion Scheme
Jul 06, 2016, at 12:48 am
New Delhi, July 5 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi has approved a National Apprenticeship Promotion Scheme.
Jul 06, 2016, at 12:43 am
New Delhi, July 5 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi has approved the creation of one revenue charged Senior Administrative Grade (SAG) post of Chief Works Manager (CWM) in the Mechanical Department of Diesel Component Factory, Dankuni on Eastern Railway.
Jul 06, 2016, at 12:33 am
New Delhi, July 5 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi was apprised of a joint issue of postage stamps between Department of Posts and Portugal Post.
Steel Minister dedicates the new Long Rail Welding Complex in Bhilai to nation
Jul 06, 2016, at 12:22 am
New Delhi/Bhilai, July 5 (IBNS) : Bhilai Steel Plant’s (BSP) new Long Rail Welding Complex which is a part of BSP’s ambitious 7 MT Modernization Programme was dedicated to the nation by Union Minister for Steel and Mines Narendra Singh Tomar on Monday.
Brexit will have impact, but boom expected in real estate too: Laxman Jaiswal
Jul 05, 2016, at 10:56 pm
An industry veteran, Laxman Jaiswal began his real estate journey two decades ago. In 2009 he founded ASCON INFRASTRUCTURE ( INDIA) PVT LTD and serves as its director now. In a chat with him, IBNS correspondent Sudipto Maity finds out the state of RE sector in Bengal and the scope it provides to the younger generation.
Jet Airways offers specialities in-flight meals on international flights from Kerala
Jul 05, 2016, at 09:54 pm
Munbai, July 5 (IBNS): Jet Airways, India’s premier international airline, on Tuesday said it launched a delectable new gourmet menu on board its international flights from Kerala to destinations in Gulf.
SlideApp ties up with MobiKwik
Jul 05, 2016, at 09:21 pm
Kolkata, July 5 (IBNS): SlideApp, a lock screen app for Android Phones, on Tuesday said it has partnered with MobiKwik, the largest mobile payments company in India with over 32 million users and a network of 100000 merchants, in a bid to incentivize mobile readers.
Renault-Nissan Alliance delivers annual synergy target one full year ahead of schedule
Jul 05, 2016, at 09:19 pm
Paris, July 5 (IBNS) Renault-Nissan Alliance generated €4.3 billion in synergies in 2015, one year ahead of schedule and an increase of 13 percent from 2014.
Tata Steel conferred with the ‘Five Star Award’
Jul 05, 2016, at 09:07 pm
Jamshedpur/ Kolkata, July 5 (IBNS): The Noamundi Iron Mine of Tata Steel is conferred with the Five-Star Award for undertaking mining activities in a sustainable manner. The award was received by T V Narendran, Managing Director, Tata Steel India & SEA from Union Minister of Steel & Mines Narendra Singh Tomar in the National Conclave on Mines & Minerals at Raipur on Tuesday.
L&T to commence ₹ 5,273 Cr Mumbai Metro Line 3 Project
Jul 05, 2016, at 08:45 pm
Mumbai, Jul 5 (IBNS): Larsen & Toubro, an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services, said on Tuesday that Mumbai Metro Rail Corporation has announced the commencement of the Mumbai Metro Line 3 project to be executed by Heavy Civil Infrastructure Business of L&T Construction, along with its partner, STEC of China, for a value worth ₹ 5,273 crores.
RBI cancels licence of Jijamata Mahila Sahakari Bank Limited of Satara
Jul 05, 2016, at 08:41 pm
Mumbai, Jul 5 (IBNS): The Reserve Bank of India (RBI) announced on Monday that it has cancelled the licence of Jijamata Mahila Sahakari Bank Limited, Satara, Maharashtra to carry on banking business.
Malini Agarwal wins honour at Young Turks Summit 2016
Jul 05, 2016, at 01:11 am
New Delhi, July 4 (IBNS): Young Business Women 2016 is a CNBC-TV18 initiative recognizing individuals who are shining examples of leadership and inspire others to have the courage to persevere and succeed.
LIC Mutual Fund ties-up with Cosmos Co-operative Bank for distribution of MF products
Jul 04, 2016, at 11:22 pm
Mumbai, July 4 (IBNS): LIC Mutual Fund Asset Management Company on Monday announced its tie-up with Cosmos Co-operative Bank for distribution of its mutual fund products through the bank’s 140 branches spread across pan-India.
Indian benchmark indices post sixth day of gain on Monday
Jul 04, 2016, at 11:18 pm
Mumbai, Jul 4 (IBNS): Indian markets posted gains for the sixth consecutive day on Monday with the Sensex up 133.85 points to 27278.76 and the Nifty up 42.35 points to 8370.70.
Indus Towers appoints Tejinder Kalra as the Chief Operating Officer
Jul 04, 2016, at 11:12 pm
New Delhi, July 4 (IBNS): Indus Towers, a telecom tower company, on Monday announced the appointment of Tejinder Kalra as the Chief Operating Officer, as on July 1.
Cycle Pure Agarbathies enters the Pro Kabaddi Arena
Jul 04, 2016, at 10:18 pm
Mumbai, July 4 (IBNS): Cycle Pure Agarbathies, incense stick manufacturer, has associated with professional Kabaddi team Jaipur Pink Panthers for Star Sports Pro Kabaddi League Season 4.
Tata Power Group spent Rs. 47.02 crores on CSR in FY16
Jul 04, 2016, at 10:15 pm
Mumbai/ Kolkata, July 4 (IBNS): Tata Power, India's largest integrated power company, on Monday announced that, together with all its subsidiaries and joint ventures, Tata Power Group companies’ CSR spend in FY16 stood at Rs. 47.02 crores.
GVK MIAL contributes to state government’s green vision on Van Mahotsav Day
Jul 04, 2016, at 09:51 pm
Mumbai, July 4 (IBNS)In sync with the State Government’s vision to increase green cover across Maharashtra, the Mumbai International Airport Ltd (MIAL), the company that administers GVK Chhatrapati Shivaji International Airport (CSIA), planted tree saplings on Friday on the occasion of Van Mahotsav.
MFIN appoints R Baskar Babu as new President
Jul 04, 2016, at 09:17 pm
New Delhi, July 4 (IBNS): Microfinance Institutions Network (MFIN),an industry association and Self-Regulatory Organization (SRO) for the microfinance industry in India, on Monday announced R Baskar Babu, CEO of Suryoday Micro Finance as its new President of the Board in the wake of the previous President retiring.
LIC Mutual Fund ties-up with Cosmos Co-operative Bank for distribution of MF products
Jul 04, 2016, at 08:00 pm
Mumbai, July 4 (IBNS): LIC Mutual Fund Asset Management Company on Monday announced its tie-up with Cosmos Co-operative Bank for distribution of its mutual fund products through the bank’s 140 branches across India.