HMCL inaugurates ‘Global Centre of Innovation and Technology’ (CIT) in Jaipur

Mar 11, 2016, at 09:42 pm

New Delhi, Mar 10 (IBNS) Achieving a historic landmark in its illustrious journey, Hero MotoCorp Ltd. (HMCL), the world’s largest two-wheeler manufacturer, on Friday formally inaugurated its world-class ‘Global Centre of Innovation and Technology’ (CIT) at Jaipur in Rajasthan.

TI Cycles introduces new and exciting bicycles from Ridley Bikes to India

Mar 11, 2016, at 09:41 pm

Chennai, Mar 11 (IBNS): TI Cycles of India, one of the leading bicycle manufacturers in India and a part of the Murugappa Group, on Friday launched the Belgium-based bicycle brand “Ridley” in the Indian market.

BDL pays Rs 67.62 crore interim dividend to government

Mar 11, 2016, at 09:16 pm

New Delhi, Mar 11 (IBNS) Bharat Dynamics Limited (BDL), a public sector undertaking under the Ministry of Defence, has paid an interim dividend of Rs. 67.62 crore to the Union government.

Tata Motors Group global wholesales at 99,842 nos. in February 2016

Mar 11, 2016, at 08:57 pm

Kolkata / Mumbai, Mar 11 (IBNS): The Tata Motors Group global wholesales in February 2016, including Jaguar Land Rover, were at 99,842 nos., higher by 17%, over February 2015. Cumulative wholesales for this fiscal were at 947,504 nos., higher by 8% over the last fiscal.

Enforcement Directorate summons Vijay Mallya

Mar 11, 2016, at 08:37 pm

New Delhi, Mar 11 (IBNS): On a day disgraced liquor baron and bank defaulter Vijay Mallya said he is not an 'absconder' and being an 'international businessman' he travels to and from India frequently, the Enforcement Directorate summoned him to appear before it on Mar 18.

Global Crude oil price of Indian Basket was US$ 37.01 per bbl on Thursday

Mar 11, 2016, at 07:50 pm

New Delhi, Mar 10 (IBNS) The international crude oil price of Indian Basket as computed on Friday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 37.01 per barrel (bbl) on Thursday. This was higher than the price of US$ 36.80 per bbl published on Wednesday.

Ola appoints Sunil Shirguppi as Vice President - Engineering

Mar 11, 2016, at 07:08 pm

Bangalore, Mar 11 (IBNS) Ola on Friday announced that Sunil Shirguppi, former Vice President at Goldman Sachs, will join Ola as Vice President - Engineering and will primarily be working towards enhancing capabilities in Data Science and Machine Learning.

Congress accuses BJP govt. of complicity in Mallya's departure from India

Mar 11, 2016, at 04:55 pm

New Delhi, Mar 11 (IBNS): Disgraced liquor baron and over Rs 9000 crore bank defaulter Vijay Mallya could leave the country with the complicity of the BJP government, alleged the Congress on Friday.

NETGEAR introduces new Gigabit Ethernet switch range

Mar 11, 2016, at 04:40 am

New Delhi, Mar 10 (IBNS): NETGEAR (www.netgear.com), a global networking company, on Thursday announced the launch of a new line of Gigabit Ethernet switches in 300 series-GS308P, GS316 & GS324 in the Indian Market.

HDFC Bank announces winners of Digital Innovation Summit

Mar 11, 2016, at 03:26 am

Mumbai / Kolkata, Mar 10 (IBNS): HDFC Bank Ltd., on Thursday announced five winners of the Digital Innovation Summit.

Vodfone launches two all-women angel stores in Bangalore

Mar 11, 2016, at 12:10 am

Bengaluru, Mar 10 (IBNS): Vodafone India, one of India’s leading telecommunications service providers, in a unique step toward women empowerment, today launched two ‘Vodafone Angel Stores’, in Bengaluru.

Cabinet signs MoU between India , International Monetary Fund

Mar 10, 2016, at 11:46 pm

New Delhi, Mar 10(IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi on Thursday given its approval for entering into the Memorandum of Understanding (MoU) between India and International Monetary Fund (IMF) for setting up of South Asia Regional Training and Technical Assistance Center (SARTTAC) in India by the IMF.

Cabinet approves removing the minimum capacity utilization criteria for SSP

Mar 10, 2016, at 11:40 pm

New Delhi, Mar 10 (IBNS) In order to push major policy reforms in the fertilizer sector, the Union Cabinet, chaired by Prime Minister Narendra Modi on Thursday approved the proposal for removing the minimum capacity utilization criteria for the Single Super Phosphate (SSP) units to be eligible for the subsidy under the Nutrient Based Subsidy (NBS) Scheme with immediate effect.

Cabinet approves Pradhan Mantri Ujjwala Yojana

Mar 10, 2016, at 11:17 pm

New Delhi, Mar 10 (IBNS): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Thursday approved Pradhan Mantri Ujjwala Yojana - Scheme for Providing Free LPG connections to Women from BPL Households.

Indian benchmarks post losses on Thursday

Mar 10, 2016, at 11:02 pm

Mumbai, Mar 10 (IBNS) The Indian benchmark indices reported a loss on Thursday largely due to profit booking, with the BSE Sensex down 170.62 points to 24,623.34, snapping its six-day rally, and the NSE Nifty down 45.65 points to 7,486.15.

ICICI Bank launches credit-linked subsidy scheme under 'Pradhan Mantri Awas Yojana'

Mar 10, 2016, at 11:00 pm

Mumbai, Mar10 (IBNS): ICICI Bank on Thursday announced the launch of a credit-linked subsidy scheme for home loans under the ‘Pradhan Mantri Awas Yojana’. Under this scheme, individuals including women borrowers from the economically weaker section and low income group will be able to acquire and construct the first brick-and-mortar (pucca) house of the family by paying significantly lower Equated Monthly Instalments (EMIs).

Government decides to revert Ratna and R-series Gas Fields to ONGC

Mar 10, 2016, at 10:44 pm

New Delhi, Mar 10 (IBNS) Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, on Thursday, has approved cancellation of the Letter of Award dated March 12,1996, and issued in favour of consortium of Essar Oil Limited and Oil Pacific UK Ltd awarding the medium sized discovered field of Ratna & R-Series and decided to revert the Ratna and R-Series Fields to ONGC.

Singapore Airlines signs first marketing collaboration memorandum with Tourism Malaysia

Mar 10, 2016, at 10:10 pm

Singapore City, Mar 10 (IBNS) Singapore Airlines (SIA) and Tourism Malaysia have agreed to work together to boost tourist arrivals into Malaysia through the signing of their first-ever Marketing Collaboration Memorandum.

Vodafone India expands its 4G services in Mumbai to Thane

Mar 10, 2016, at 10:04 pm

Mumbai, Mar 10 (IBNS) Vodafone India, one of India’s leading telecommunication services provider, today announced the expansion of its next generation, high speed 4G network in Mumbai to the residential and business corridors of Thane and Kalyan district.

Godrej Properties launches residential phase 2 at The Trees

Mar 10, 2016, at 09:49 pm

Mumbai, Mar 10 (IBNS): Godrej Properties Ltd. (GPL) , one of India’s leading real estate developers, on Thursday announced the launch of Phase 2 of its flagship project, The Trees at Vikhroli, Mumbai.

Vijay Mallya in UK home? Creditors now mull his whereabouts

Mar 10, 2016, at 07:16 pm

Mumbai, Mar 10 (IBNS) Although there seems to be little doubt that Vijay Mallya has left India, the liquor baron's whereabouts is still a mystery though several media reported from Hertfordshire near London as his possible place of stay now, according to media reports.

Global crude oil price of Indian Basket was US$ 36.80 per bbl on Wednesday

Mar 10, 2016, at 05:33 pm

New Delhi, Mar 10 (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$ 36.80 per barrel (bbl) on Wednesday. This was lower than the price of US$ 37.07 per bbl as published on Tuesday.

A Quick Guide at India’s Best Real estate Destinations

Mar 10, 2016, at 04:55 am

India’s Silicon Valley offers an endless stream of opportunities to anyone looking towards a comfortable life. The city is an information technology powerhouse; is well connected; has some of the best roads in the country and is overall nicely linked to the rest of the country via a vast network of roads, rail and airways. All in all, the city is one of the best places to live in India, and you won’t find a dearth of both amenities and opportunities should you decide to relocate to Bangalore.

How to make the right property investment?

Mar 10, 2016, at 04:40 am

Investing in property if done correctly can be one of your best decisions taken financially, but if done without studying the market can be one of the easiest ways to lose tons of money. Hence if you are thinking of finally buying a property there are some important things you may want to consider.

Union Budget 2016 brings cheer to the realty sector

Mar 10, 2016, at 02:31 am

Kolkata, Mar 9 (IBNS) The Union Budget presented by finance minister Arun Jaitley on Feb 29 offered some good news for home buyers and the real estate sector—viz. incentives for first-time home buyers, making affordable housing more viable and removing dividend distribution tax (DDT) on real estate investment trusts (REITs).

Bookings open for the exciting new compact hatchback Tata TIAGO

Mar 10, 2016, at 02:07 am

Kolkata/Mumbai, Mar 9 (IBNS): Tata Motors will commence bookings for its much-awaited stylish compact hatchback, Tata TIAGO from Mar 10 onwards.

Dettol launches a new range for better protection

Mar 10, 2016, at 12:08 am

Kolkata, Mar 9 (IBNS): Considered as the gold standard in germ protection, Dettol has further strengthened its legacy of product innovation and commitment towards improving the health and hygiene of consumers by launching Dettol Gold, an innovative range which offers better protection ever against germs and new age illnesses.

HUL , former employees of Kodaikanal factory sign settlement

Mar 09, 2016, at 11:20 pm

Mumbai, Mar 9 (IBNS) Hindustan Unilever Limited (HUL) and Pond’s HLL ex-Mercury Employees Welfare Association, representing the ex-employees of the former thermometer factory in Kodaikanal, have on Wednesday announced the signing of a settlement.

Tata Power arm signs SPA for acquisition of 30 MW wind farm in Maharashtra

Mar 09, 2016, at 11:03 pm

Kolkata/ Mumbai, Mar 9 (IBNS): Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, India’s largest integrated power company, has signed a SPA with Indo Rama Renewables Limited (IRRL) to acquire its subsidiary Indo Rama Renewables Jath Limited (IRRJL) which owns a 30 MW wind farm in Sangli District of Maharashtra. The transaction shall be consummated within the next few weeks.

Indian benchmark indices recoup early losses and end in gains on Wednesday

Mar 09, 2016, at 10:10 pm

Mumbai, Feb 9 (IBNS) The Indian benchmark indices rallied in the second half of the day's trading with the BSE Sensex up 134.73 points to close at 24793.96 and the NSE Nifty up 46.50 points to end at 7531.80.