Brexit anxiety prevails over Asian markets, remain bearish
Jun 24, 2016, at 05:09 pm
London/Mumbai, June 24 (IBNS): True to the prediction of a financial market shock that the Brexit will cause, stock markets across the globe remained bearish after Britons voted for the leave EU motion.
4 Top Reasons to Purchase Travel Insurance for Family Trips
Jun 24, 2016, at 02:58 am
HDFC Bank among top 100 Most Valuable Global brands
Jun 24, 2016, at 12:44 am
Mumbai, June 23 (IBNS): HDFC Bank Ltd., has been featured in 2016 BrandZTM Top 100 Most Valuable Global Brands ranking released recently by WPP and Millward Brown.
JSW Ventures receives SEBI approval to begin investing
Jun 24, 2016, at 12:39 am
Mumbai, Jun 23 (IBNS): JSW Ventures, the venture capital arm of the JSW Group, has received the mandatory clearances from markets regulator Securities and Exchange Board of India (SEBI), paving the way for it to begin investing.
Microsoft Accelerator joins hands with TCS COINâ„¢ at Think Next 2016
Jun 23, 2016, at 10:28 pm
Bengaluru/Kolkata, June 23 (IBNS) : Microsoft Accelerator in India and TCS Co-Innovation Network (COINâ„¢) have announced a joint initiative to create a platform that provides a boost to the Indian startup ecosystem.
Textile: Cabinet approves special package for employment generation
Jun 23, 2016, at 03:45 am
New Delhi, June 22 (IBNS) The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi on Wednesday given approval for a special package for employment generation and promotion of exports in Textile and Apparel sector.
Aadhar Housing Finance expects over 70% growth from West Bengal
Jun 23, 2016, at 02:55 am
Kolkata, Jun 22 (IBNS): Aadhar Housing Finance Limited (Aadhar) established by DHFL and International Finance Corporation, a member of the World Bank on Wednesday announced that it is expecting over 70% surge in home loan disbursements year-on-year in the state with the implementation of the Housing for All by 2022 and Smart City projects.
Cabinet approves rehabilitation of four lane of Mahatma Gandhi Setu on Ganga River at Patna in Bihar
Jun 23, 2016, at 01:09 am
New Delhi, June 22 (IBNS) The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, on Wednesday approved the project namely rehabilitation of four lane 5.575 km long Mahatma Gandhi Setu at NH-19 on Ganga River at Patna in Bihar.
Cabinet approves four laning of Hubli-Hospet Section of NH-63 in Karnataka
Jun 23, 2016, at 01:04 am
New Delhi, June 22 (IBNS) The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved the development of four laning of Hubli-Hospet Section of NH-63 in Karnataka.
Idea launches ‘Internet For All’ initiative
Jun 22, 2016, at 11:12 pm
New Delhi, June 22 (IBNS): Aiming to connect millions of internet non-users and bring them online, Idea Cellular; the fastest growing telecom operator, has announced an “Internet For All†program.
YES BANK launches Yes Transact
Jun 22, 2016, at 10:48 pm
Mumbai, June 22 (IBNS): YES BANK, India’s fifth largest private sector bank, launched YES TRANSACT - ON THE GO, a unique Digital Working Capital Management solution that will enable decision makers to view and approve transaction requests even when they are travelling or are out of office.
Brexit heat singes Indian markets
Jun 22, 2016, at 10:38 pm
Mumbai, Jun 22 (IBNS): The Indian market ended lower on Wednesday largely due to selling pressure in FMCG and auto stocks and concerns about UK's referendum on June 23, according to media reports.
Etihad Airways wins top honours at Adam Smith Awards
Jun 22, 2016, at 10:34 pm
Abu Dhabi, UAE, June 22 (IBNS) Following a string of recent awards for its funding activities and treasury practice, Etihad Airways swept top honours at the Treasury Today Adam Smith Awards in London.
Siemens Ltd. wins Rs. 83 crore order from Diesel Locomotive Works
Jun 22, 2016, at 08:19 pm
Kolkata, Jun 22 (IBNS): Siemens Ltd. announced on Wednesday that it has won an order worth approximately Rs. 83 crore from Indian Railways’ Diesel Locomotive Works (DLW), Varanasi, to design, supply and install 40 Alternating Current (AC) Traction Systems for dual-cab high horsepower diesel engine locomotives.
EEPC India aims to boost bilateral trade with Russia
Jun 22, 2016, at 07:51 pm
New Delhi, Jun 22 (IBNS): EEPC India, a premier trade and investment promotion organisation and India Brand Equity Foundation (IBEF) will jointly represent the country at the flagship Russian engineering and technology event, INNOPROM, to be held in Ekaterinburg (in the Sverdlovsk region located at the strategic Euroasian border) between July 11 and 14, 2016.
PayPal appoints Anupam Pahuja as India Managing Director & Country Manager
Jun 22, 2016, at 06:19 pm
Mumbai, Jun 22 (IBNS): PayPal has recently appointed Anupam Pahuja as the new Managing Director and Country Manager for India.
ISRO: PSLV C34 injects 20 satellites into orbit, creates record
Jun 22, 2016, at 04:52 pm
Sriharikota, Jun 22 (IBNS): The Indian Space Research Organisation (ISRO) on Wednesday created a record with the injection of 20 satellites, including 17 foreign satellites, into the orbit by using PSLV C34.
Visa payWave leads to drive contactless payments in India
Jun 22, 2016, at 02:15 am
Kolkata, June 21 (IBNS): Visa crosses a major milestone in India with over one million Visa payWave contactless cards issued in the market and acceptance at more than 100,000 merchant locations across the country.
NSE to offer Electronic Book Mechanism for issuance of debt securities on private placement basis
Jun 22, 2016, at 02:10 am
Mumbai,June 21 (IBNS): India's Capital Market regulator The Securities and Exchange Board of India (SEBI) has allowed India's leading stock exchange, the National Stock Exchange of India Limited (NSE) to act as an Electronic Book Provider to facilitate electronic book mechanism for issuance of debt securities on private placement basis.
DHFL Pramerica launches online health insurance product
Jun 22, 2016, at 01:20 am
Gurgaon, Jun 21 (IBNS): DHFL Pramerica Life Insurance Co. (DPLI) on Tuesday, announced its foray into health insurance segment with the launch of its first online direct to customer product-DHFL Pramerica Dengue Shield, a traditional fixed benefit individual health insurance plan.
COO Nikesh Arora to take on advisory role at SoftBank Group
Jun 21, 2016, at 11:08 pm
Tokyo, June 21 (IBNS) SoftBank Group Corp.on Tuesday announced that Nikesh Arora, Representative Director, President and Chief Operating Officer of SBG, will assume an advisory role, effective July 1.
Jun 21, 2016, at 10:15 pm
Mumbai, Jun 21 (IBNS): Indian benchmark indices dipped at close of business on Tuesday, with Sensex down 54.14 points to 26812.78 and Nifty down 18.60 points to 8219.90.
Muthoot Finance completes acquisition of Muthoot Insurance Brokers Pvt Limited
Jun 21, 2016, at 09:46 pm
Kochi, June 21 (IBNS) Muthoot Finance Ltd on Tuesday announced that it has successfully completed the acquisition of Muthoot Insurance Brokers Pvt Limited (MIBPL) by transfer of equity shares from its existing shareholders for a consideration of Rs. 20 crores, making MIBPL a wholly owned subsidiary of Muthoot Finance.
Jun 21, 2016, at 09:37 pm
Mumbai/ Kolkata, June 21 (IBNS): Tata Power, India’s largest integrated power company, today announced that the Company’s 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has won Solar grid connected photovoltaic project of 30 MW in Maharashtra.
Indus Towers launches the second edition of its Sustainability Report
Jun 21, 2016, at 09:36 pm
New Delhi, June 21 (IBNS): Building on its philosophy of ‘Putting India First’, Indus Towers, India’s largest telecom tower company, recently launched the second edition of its annual Sustainability Report for FY2014-15.
TajSATS Delhi has been awarded ‘Best Inflight Caterer’ for the year 2016
Jun 21, 2016, at 09:07 pm
Kolkata/Mumbai, June 21 (IBNS): The Delhi unit of TajSATS, the country’s leading airline catering company, was awarded the ‘Best Inflight Caterer’ for the year 2016 at the GMR-IGI Airport Awards 2016.
Tata Power wins 30MW solar grid connected photovoltaic project in Maharashtra
Jun 21, 2016, at 09:06 pm
Mumbai, Jun 21 (IBNS): Tata Power, one of India’s key integrated power company, announced on Tuesday that the company’s 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has won a solar grid connected photovoltaic project of 30 MW in Maharashtra.
Bank of Baroda put up stall to facilitate allottees of WB Govt. employees under AKANSHA
Jun 21, 2016, at 09:04 pm
Kolkata, June 21 (IBNS) Bank of Baroda has put up a stall at Uttam Moncha to facilitate the allottees of West Bengal Government employees under AKANSHA Housing Project, New Town.
Vodafone M-Pesa partners with Bengaluru Electricity Supply Company Limited for easy bill pay
Jun 21, 2016, at 06:44 pm
Bangalore, June 21 (IBNS) Residents of Bengaluru, Davangere, Tumkur and Chitradurga can now pay their Electricity bill ‘On the Go’ with Vodafone M-Pesa.
Govt introduces 100 pct FDI in civil aviation
Jun 21, 2016, at 05:44 am
New Delhi, June 20 (IBNS): In a major reform, the Union Government radically liberalized the FDI regime on Monday and permitted 100% foreign ownership in defence and civil aviation.