Flipkart acquires payment firm PhonePe
Apr 01, 2016, at 05:09 pm
Bangalore, Apr 1 (IBNS) Flipkart on Friday announced the acquisition of PhonePe, a Bangalore based mobile payments company.
Volkswagen India to recall diesel cars
Apr 01, 2016, at 04:51 pm
Pune, Apr 1 (IBNS) Volkswagen India will recall 3877 Vento cars with 1.5-litre diesel engine and manual gearbox due to inconsistent Carbon Monoxide (CO) emissions that were observed to be sometimes exceeding the threshold limits during the Conformity of Production (COP) tests done by ARAI, an official release said.
NASSCOM firms up plan to stem talent migration from East
Apr 01, 2016, at 11:05 am
Kolkata, Apr 1 (IBNS) Acknowledging the huge talent pool in Eastern region, the NASSCOM has drawn upon a plan to stem migration from this part of the country in the IT sector.
Mahindra MOJO launches in Kolkata
Apr 01, 2016, at 03:30 am
Kolkata, Mar 31 (IBNS): Mahindra Two Wheelers launched the Mahindra MOJO, on Thursday, across 23 dealerships in 11 states. Priced at Rs. 1,70,000/- (Ex-showroom Kolkata), the flagship motorcycle has set new benchmarks in styling, performance ,and riding quality ever since it hit Indian roads in October last year.
KPMG in India launches‘Cyber KARE’
Apr 01, 2016, at 03:29 am
Gurgaon /Kolkata, Mar 31 (IBNS) In response to the urgent need in the market for a mechanism to assess the level of exposure to cyber risk in organisations, KPMG in India has launched ‘Cyber KARE’, a tool, aimed at empowering senior management to self-asses cyber threats and gauge their current level of preparedness to combat them.
Suzuki two wheelers presents new Access 125
Apr 01, 2016, at 12:08 am
Kolkata, Mar 31 (IBNS) Suzuki Motorcycle India Private Limited (SMIPL), a subsidiary of one of the world’s leading two-wheeler manufacturers Suzuki Motor Corporation, Japan, has launched the all new Access 125.
Commuters in Mumbai can pay their cab fare using Mpesa mobile wallet
Mar 31, 2016, at 11:56 pm
New Delhi, Mar 31 (IBNS) Vodafone M-Pesa, a unique and innovative Digital Wallet service from Vodafone that offers Money Transfer, Bill & Utility Pay, Merchant Payments and Business Solutions has partnered with TABcab - Mumbai’s most preferred Radio Taxi service provider in an attempt to strengthen its mobile wallet service and increase the proportion of cashless transactions, thereby creating a hassle-free cash transaction experience for all commuters in Mumbai on the go.
LeEco plans to invests over 10 million USD to build cloud ecosystem in India
Mar 31, 2016, at 11:49 pm
New Delhi, Mar 31 (IBNS): LeEco, the global internet and technology conglomerate, today announced making a significant investment of over 10 million USD to set up in-house Content Delivery Networks (CDNs) in 10 cities across India by end of 2016.
Mar 31, 2016, at 11:37 pm
New Delhi, Mar 31 (IBNS) Smartphone maker Xiaomi launched its new phone Mi 5 in India on Thursday.
Eight core industries rise 5.7 pct higher in February
Mar 31, 2016, at 11:21 pm
New Delhi, Mar 31 (IBNS) The combined Index of Eight core industries stands at 172.2 in February, 2016, which was 5.7 percent higher compared to the index of February, 2015, official data said on Thursday.
Indian markets close flat on Thursday
Mar 31, 2016, at 09:44 pm
Mumbai, Mar 31 (IBNS) The Indian benchmark indices, which was partly positive and partly volatile on Thursday, finally closed flat, with Sensex up 3.28 points to 25341.86 and Nifty up 3.20 points to 7738.40.
India signs loan agreement with the World Bank for USD 250 million
Mar 31, 2016, at 09:23 pm
New Delhi, Mar 31 (IBNS) Union ministry of finance announced on Thursday that India has signed a loan agreement with the World Bank for USD 250 million for "First Programmatic Electricity distribution Reform Development Policy Loan for Rajasthan".
Lupin launches generic Aricept tablets in the US
Mar 31, 2016, at 09:23 pm
Mumbai/ Baltimore, Mar 31 (IBNS) Mumbai-based Lupin Limited (Lupin), a transnational pharmaceutical company producing and developing a wide range of branded and generic formulations, biotechnology products and APIs globally, announced on Thursday that its US subsidiary, Lupin Pharmaceuticals Inc. has launched its Donepezil Hydrochloride Tablets, 23 mg having received approval from the United States Food and Drug Administration (FDA) earlier to market a generic equivalent of Eisai Inc's Aricept® Tablets, 23mg.
Tata Auto comp wins "AON Best Employer India 2016" award
Mar 31, 2016, at 09:22 pm
Pune/ Kolkata, Mar 31 (IBNS): Tata AutoComp Systems Limited, a leading auto-component conglomerate, has been awarded the “Aon Best Employer 2016†award at the “Aon Hewitt Best Employers’ 2016†awards ceremony held on Mar 30.
L&T Construction bags orders worth Rs 2,271 crores
Mar 31, 2016, at 09:21 pm
Mumbai, March 31, 2016: Larsen & Toubro Limited announced on Thursday that its Construction arm has won orders worth Rs 2, 271 crores across its various business segments, including a major commercial development and a transmission line order in Thailand.
Dr Reddy's acquires rights to an investigational anti-cancer agent
Mar 31, 2016, at 07:47 pm
Hyderabad, Mar 31 (IBNS) Dr Reddy's Laboratories, an integrated pharmaceutical company, announced on Thursday that it has entered into a licensing agreement with Eisai Company Limited of Japan, by which Dr Reddy's will be granted exclusive worldwide development and commercialization rights (excluding Japan and Asia) for Eisai's investigational anticancer agent E7777.
Reliance Defence and ANTONOV to manufacture transport aircraft
Mar 31, 2016, at 07:11 pm
Mumbai, Mar 31 (IBNS) Reliance Defence Ltd, a wholly owned subsidiary of Reliance Infrastructure Ltd. (an infrastructure arm of the Reliance Group), announced on Thursday that it will be collaborating with Ukraine-based State Corporation ANTONOV to design and manufacture dual version transport aircraft for military, para military and commercial use in India.
Global Crude oil price of Indian Basket was US$ 36.89 per bbl on Wednesday
Mar 31, 2016, at 05:58 pm
New Delhi, Mar 31 (IBNS) The international crude oil price of Indian Basket as published on Thursday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 36.89 per barrel (bbl) on Wednesday. This was higher than the price of US$ 36.45 per bbl published on Tuesday.
Portronics launches Electropen 3
Mar 31, 2016, at 01:26 am
New Delhi, Mar 30 (IBNS): Portronics, a prominent leader in the innovative and portable digital product market, has launched the first of its kind smartpen and the latest in its famous Electropen series of smart pens - the stylish technology marvel: “Electropen 3â€.
Tata Motors collaborates with MESCO for FICV
Mar 31, 2016, at 01:15 am
Kolkata / Mumbai, Mar 30 (IBNS): Tata Motors on Wednesday signed a Memorandum of Understanding (MoU) with the Maharashtra Ex-Servicemen Corporation Ltd (MESCO), for creation of employment opportunities for ex-service men of Indian Army, in response to Tata Motors solution for the Indian Ministry of Defences’ (MoD) prestigious $10 billion combat vehicle programme.
Lava launches phone supporting 22 official Indian languages
Mar 31, 2016, at 01:14 am
New Delhi /Kolkata, Mar 30 (IBNS) Lava International Limited on Wednesday announced the launch of KKT Ultra+ Union, the first of its kind feature phone in the Indian mobile handset market, which supports 22 official Indian languages.
Dettol partners with Gurgaon Traffic Police to spread awareness around rising pollution
Mar 31, 2016, at 01:03 am
New Delhi, Mar 30 (IBNS): Dettol has partnered with the task force of Gurgaon Traffic Police, which tirelessly works towards improving traffic management for the residents.
Dettol partners with Gurgaon Traffic Police to spread awareness around rising pollution
Mar 31, 2016, at 01:02 am
New Delhi, Mar 30 (IBNS): Dettol has partnered with the task force of Gurgaon Traffic Police, which tirelessly works towards improving traffic management for the residents.
Nippon Life acquires 49 percent stake in Reliance Life
Mar 31, 2016, at 01:00 am
Mumbai/Tokyo, Mar 30 (IBNS): Reliance Capital, a part of Anil Ambani led Reliance Group, on Wednesday announced the completion of additional 23 percent stake sale in Reliance Life Insurance to Nippon Life Insurance.
Jaitley meets Treasurer of Australia Scott Morrison
Mar 31, 2016, at 12:00 am
New Delhi, Mar 0 (IBNS) Union Finance Minister Arun Jaitley on Wednesday said that the Australian future and super funds be exposed to India.
Indian benchmark indices close on a positive note on Wednesday
Mar 30, 2016, at 10:03 pm
Mumbai, Mar 30 (IBNS) The Indian market recovered from its two-day losing streak on Wednesday with the Sensex up 438.12 points to 25338.58 and Nifty up 138.20 points to 7735.20, largely due to positive global cues and a rally in banking and metal stocks.
Suzlon wins IOCL 48.30MW wind project
Mar 30, 2016, at 09:29 pm
Pune, Mar 30 (IBNS) The Suzlon Group, one of the leading global renewable energy solutions providers, announced on Wednesday that it has received another turnkey order of 48.30MW wind power project from Indian Oil Corporation Limited (IOCL).
GAIL spuds first exploratory well in Cambay Basin
Mar 30, 2016, at 07:57 pm
New Delhi, Mar 30 (IBNS) GAIL (India) Ltd announced on Tuesday that it has started drilling the first exploratory well as an operator in its NELP-IX Block CB-ONN-2010/11 in Cambay Basin in Gujarat.
BHEL commissions 250 MW thermal power plant in Bihar
Mar 30, 2016, at 07:40 pm
New Delhi, Mar 30 (IBNS) Bharat Heavy Electricals Limited (BHEL) announced on Wednesday that it has successfully commissioned a 250 MW coal-based thermal power plant (TPP) in Bihar.
Flipkart crosses 75 million registered-customer milestone
Mar 30, 2016, at 07:02 pm
Bangalore, Mar 30 (IBNS) Flipkart now has more than 75 million registered users, making it the first online retail marketplace to reach this milestone in a single country after United States and China, according to the company.