Indian markets disappoint on Tuesday
Aug 16, 2016, at 09:48 pm
Mumbai, Aug 16 (IBNS): The day after I-Day did not prove to be lucky for the Indian market as the market endedTuesday in the red, with Sensex down 87.79 points to 28064.61 and Nifty down 29.60 points to 8642.55.
Food inflation pushes up India's wholesale price index
Aug 16, 2016, at 09:04 pm
New Delhi, Aug 16 (IBNS): Wholesale prices in India in July at 3.5 per cent gained at a faster pace compared to the same month a year ago largely based on increasing food prices, according to data published by the Union Ministry of Commerce & Industry on Tuesday.
Our aim is to wipe out black money from Indian economy, says IT Director in Kolkata
Aug 16, 2016, at 04:54 pm
Kolkata, Aug 15 (IBNS): The aim of the Income Tax Department is to wipe out black money from the Indian economy, said S.S. Rana, Director of Income Tax Department (Intelligence & Criminal Investigation), Kolkata at a conference on Friday.
Aug 16, 2016, at 03:37 pm
New Delhi, Aug 16 (IBNS): Petrol price has been reduced by Rs 1 a litre and diesel by Rs 2 per litre on Monday, officials said.
Air India joins Ahmedabad with Newark via London
Aug 16, 2016, at 03:22 am
New Delhi, Aug 15 (IBNS): Giving a new gift to the people of Gujarat on Independence Day, nation carrier Air India on Monday launched the Ahmedabad-Newark via London tri-weekly flight.
Pradhan Mantri UjjwalaYojana launched in Kolkata
Aug 15, 2016, at 05:09 am
Kolkata, Aug 14 (IBNS): Pradhan Mantri UjjwalaYojana (PMUY) was launched in Kolkata by Dharmendra Pradhan, Minister of State (I/C) - Petroleum & Natural Gas, on Sunday.
ONGC launches INR 100 Crore start-up fund to ignite new ideas
Aug 14, 2016, at 09:25 pm
New Delhi, Aug 14 (IBNS): ONGC on Sunday said it has launched a Rs 100 crore Start-up fund on its Diamond Jubilee year to foster, nurture and incubate new ideas related to oil and gas sector.
CBI files fresh case against Vijay Mallya
Aug 14, 2016, at 01:26 am
New Delhi, Aug 13 (IBNS): Adding fresh trouble for liquor baron Vijay Mallya, the CBI on Saturday registered fresh case against him for allegedly cheating a consortium of banks.
Jet Airways records fifth successive profitable quarter
Aug 13, 2016, at 01:05 am
Mumbai, Aug 12 (IBNS): Jet Airways Group on Friday announced its fifth successive profitable quarter for the period ending June 30, 2016 based on continuing improvement in aircraft utilization, increased efficiency and reduction in cost, including non-fuel expenses.
Truecaller announces global partnership with Axwell
Aug 12, 2016, at 11:22 pm
New Delhi, Aug 12 (IBNS): Popular mobile app Truecaller on Friday officially announced the launch of Swedish icons Axwell Λ Ingrosso’s exclusive ringtone on the Truecaller app.
MobiKwik to power e-cash payments at Brand Factory and E-Zone
Aug 12, 2016, at 10:35 pm
Gurgaon, Aug 12 (IBNS):: MobiKwik, India’s largest independent mobile payments network with over 32 million users has partnered with Brand Factory and E-zone of Future Group to power e-cash payments.
Bosch Limited registers 8.6 percent growth in net sales and income from operations
Aug 12, 2016, at 10:06 pm
Bangalore/Kolkata, Aug 12 (IBNS): Bosch Limited, a leading supplier of technology and services, on Friday said it has posted net sales and income from operations of INR 2,476 crores in Quarter 1 of the financial year 2016-17*, registering an 8.6 percent increase over the same period of the previous year.
New METRO Cash & Carry outlet opens on Mysuru Road
Aug 12, 2016, at 09:53 pm
Kolkata, Aug 12 (IBNS): India’s largest wholesaler METRO Cash & Carry continues its steady expansion with the opening of its latest wholesale outlet at Mysuru Road, Bengaluru.
Airtel launches 4G services in Kharagpur
Aug 12, 2016, at 04:00 am
Kharagpur, Aug 11 (IBNS): Telecommunications services provider Bharti Airtel on Thursday launched its 4G services in Kharagpur.
Indian markets close on a positive note on Thursday
Aug 12, 2016, at 12:21 am
Mumbai, Aug 11 (IBNS): The Indian market, which swung widely on Thursday finally ended on a positive note, with Sensex up 84.72 points to 27859.60 and Nifty up 16.85 to 8592.15.
Gamesa bags 40 MW wind order from KCT Renewable Energy in India
Aug 11, 2016, at 10:33 pm
Chennai, Aug 11 (IBNS): Gamesa, the renewable energy major in India, today announced a 40 MW wind power project from KCT Renewable Energy Pvt Ltd that will be commissioned in Molagavalli site in Andhra Pradesh.
BREXIT: Lower growth and weaker currency to impact businesses in India
Aug 11, 2016, at 10:09 pm
Kolkata, Aug 11 (IBNS): According to a research report published by Deloitte on Wednesday about the impact of Brexit on Indian businesses across industries, with growth in the United Kingdom (UK) and European Union (EU) expected to take a hit, the problem of slowing sales might get compounded by issues of a weaker currency and consequently, impact Indian businesses.
Airtel launches 4G services in Kharagpur
Aug 11, 2016, at 09:18 pm
Kharagpur, August 11 (IBNS): Bharti Airtel, a telecommunications services provider, on Thursday launched its 4G services at Kharagpur town in West Bengal.
Datsun returns to Sri Lanka with all-new ‘redi-GO’
Aug 11, 2016, at 09:17 pm
Yokohama, Japan,Aug 11 (IBNS): Datsun continues to expand its global presence with the brand’s return to Sri Lanka, where it was first introduced in 1957.
Aircel customers win prizes worth Rs. 2.1 million in West Bengal
Aug 11, 2016, at 07:38 pm
Kolkata, Aug 11 (IBNS): : Aircel, one of India’s leading innovative telecom players, today felicitated the bumper prize winners of Aircel Super Challenge, iPlayiWin and Aircel New Year Bonanza Contest, its general knowledge-based PAN-India consumer engagement contests.
Mobiwik launches Mobimon Go campaign
Aug 11, 2016, at 07:36 pm
Gurugram, Aug 11 (IBNS): Inspired by the success of the enormously popular Pokemon Go game, Mobimon Go campaign aims to encourage cashless transactions at offline stores using an in-app feature.
IBD bags the 360 degree communications mandate for Morisons Baby Dreams
Aug 11, 2016, at 05:38 pm
New Delhi, Aug 11 (IBNS): IBD, a Percept Company, has won the integrated communications mandate for Morisons Baby Dreams, a brand of the prestigious JL Morison (India) Ltd.
Investment comes with trust in the state's ruling party, says Industrial minister of Rajasthan
Aug 11, 2016, at 05:34 pm
Indian markets decline on Wednesday
Aug 11, 2016, at 04:55 am
Mumbai, Aug 10 (IBNS): Investors continued to book profits on Wednesday and the benchmark indices slipped to a recent record low, according to media reports.
ICSI welcomes passage of GST Amendment Bill
Aug 11, 2016, at 02:59 am
Kolkata, Aug 10 (IBNS): The Institute of Company Secretaries of India (ICSI) has welcomed the passing of Goods and Services Tax Bill.
Nandan Denim reports PAT of Rs.15.97 crore
Aug 11, 2016, at 01:11 am
Mumbai, Aug 10 (IBNS): Denim fabric manufacturer Nandan Denim Limited (NDL) has reported a net profit of Rs.15.97 crore for the Q1 FY17 as against Rs.15.50 crore in Q1 FY16, a rise of 3%.
Manpasand Beverages reports PAT up 82% in Q1 FY 2016-17 at Rs. 28.64 crore
Aug 11, 2016, at 01:04 am
Mumbai, Aug 10 (IBNS): Fruit drink player Manpasand Beverages Ltd has reported a 82% rise in net profit at Rs. 28.64 crore for the first quarter ended June 30, 2016 as against net profit of Rs. 15.69 crore in the corresponding quarter of previous fiscal.
Birla Corporation records Q1 PAT at 94.33 cr
Aug 11, 2016, at 12:17 am
New Delhi, Aug 10 (IBNS): Birla Corporation Limited, the flagship Company of the M P Birla Group and cement major, recorded Rs 893.57 crores (Rs 766.27 crores) in Net Sales or Income from operations during the first quarter of the current financial year.
GE , L&T sign MoU to manufacture subsea equipment for deep water projects on the east coast of India
Aug 10, 2016, at 11:11 pm
New Delhi, Aug 10 (IBNS): Contributing to India’s exploration and production (E&P) activities in the oil and gas sector, GE (NYSE: GE) has signed an exclusive Memorandum of Understanding (MoU) with L&T Hydrocarbon Engineering Limited, a wholly-owned subsidiary of Larsen & Toubro (L&T).
HDFC Ltd. customers can directly access their CIBIL Score and Report on its website
Aug 10, 2016, at 09:23 pm
Mumbai, Aug 10 (IBNS): Credit Information Bureau (India) Limited (CIBIL), a credit information company, on Wednesday announced a unique offering for HDFC Ltd. customers. HDFC Ltd. has implemented the CIBIL Consumer Connect solution through which its customers can now purchase their CIBIL Score and Report directly on its website within seconds.