ED registers money laundering case against Vijay Mallya
Mar 07, 2016, at 10:37 pm
New Delhi, Mar 7 (IBNS): Adding troubles for liquor baron Vijay Mallya the Enforcement Directorate has registered a money laundering case against him and chief financial officer of now-defunct Kingfisher Airlines in connection with a bank fraud case.
Indian stock exchanges closed on Monday owing to public holiday
Mar 07, 2016, at 10:13 pm
Mumbai, Mar 7 (IBNS) The Indian stock markets were closed on Monday owing to a public holiday (Mahashivratri).
Vodafone India celebrates ‘Pledge for Parity’ during International Women’s Week
Mar 07, 2016, at 09:15 pm
New Delhi, Mar 7 (IBNS) Vodafone India will celebrate the International Women’s Day with a week-long celebration from March 7-11, 2016 to acknowledge and appreciate the vital role of women and their contribution in the organisation and society at large.
Sovereign Gold Bond 2016 – Series II: Issue Price
Mar 07, 2016, at 09:10 pm
Mumbai, Mar 7 (IBNS) The Reserve Bank of India (RBI), in consultation with the Government of India, has decided to issue third tranche of Sovereign Gold Bonds, which will be open for subscription from Tuesday.
Global crude oil price of Indian Basket was US$ 34.13 on Friday
Mar 07, 2016, at 06:08 pm
New Delhi, Mar 7 (IBNS) The international crude oil price of Indian Basket as published on Monday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 34.13 per barrel (bbl) on Friday. This was higher than the price of US$ 33.39 per bbl published on Thursday.
Tata Housing partners with SBI
Mar 06, 2016, at 10:09 pm
New Delhi/Kolkata, Mar 6 (IBNS) : The first thing that comes to mind when we say Tata Housing and State Bank of India is trust, values, scale , credibility and a long legacy. Both the institutions have been instrumental in the progress of the nation in a large way.
PM tells Jaitley to review EPF proposal?
Mar 06, 2016, at 04:59 am
New Delhi, Mar 5 (IBNS): Prime Minister Narendra Modi has directed Union Finance Minister Arun Jaitley to examine the Employees' Provident Fund or EPF tax in details, media reports said.
Mar 06, 2016, at 01:38 am
New Delhi, Mar 5 (IBNS) Union Finance Minister Arun Jaitley on Saturday said the bankers’ themselves have supported the proposal of consolidation of banks in order to have strong banks rather than having numerically large number of banks.
Union Budget is commendable as it decouples vision, policy from financial planning: Angel investor
Mar 05, 2016, at 05:15 pm
New Delhi, Mar 2 (IBNS): Ravi Kiran, angel investor and Co-Founder, VentureNursery has said the 2016 Budget, which was presented by Arun Jaitley on Monday is commendable as it decouples vision and policy from financial planning.
Ashok Leyland announces manufacturing capacity expansion at RAK Plant
Mar 05, 2016, at 02:12 am
Ras Al Khaimah, UAE, Mar 4 (IBNS): Sheikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah on Friday laid the foundation stone for Ashok Leyland’s capacity expansion and Design and Service Training Centre at the company’s RAK manufacturing facility, marking enhanced commitment of the flagship brand of the Hinduja Group in UAE and the GCC region.
Mar 05, 2016, at 02:04 am
New Delhi, Mar 4 (IBNS): Aamby Valley City, Independent India’s first planned hill city, and WIAA (Western India Automobile Association) over a press conference, announced the launch of second edition of ‘Women’s Rally to The Valley’.
Honda Cars India Limited launches new Amaze
Mar 05, 2016, at 01:59 am
New Delhi, Mar 4 (IBNS): Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, has introduced the New Honda Amaze with Bold New exterior styling, One Class Above premium interiors and several New-Age features.
Siemens Limited's Board of Directors approve sale of healthcare undertaking for INR 30,500 million
Mar 04, 2016, at 10:17 pm
New Delhi, Mar 4 (IBNS) The Board of Directors of Siemens Limited has approved the sale and transfer of its Healthcare undertaking, as a going concern on a slump sale basis, for a sale consideration of INR 30,500 million (Indian Rupees Thirty Thousand Five Hundred million), to Siemens Healthcare Private Limited, a subsidiary of Siemens AG.
Indian benchmark indices end Friday and week on a positive note
Mar 04, 2016, at 09:52 pm
Mumbai, Mar 4 (IBNS) Positive cues from a firm global market helped the Indian benchmark indices to post their fourth consecutive day of gains as markets closed for business on Friday.
Jewellery Associations extend the strike till Mar 7
Mar 04, 2016, at 09:50 pm
Mumbai, Mar 4 (IBNS): Senior officer bearers of All India Gems and Jewellery Trade Federation (GJF) along with representatives from many Jewellery Associations across the nation on Friday called for an extension of the strike till 7th March, 2016 to protest against the Government’s adamant attitude to implement Excise Duty in the Gems & Jewellery sector.
Hyundai announces price increase across all models
Mar 04, 2016, at 09:34 pm
New Delhi, Mar 4 (IBNS): Hyundai Motor India Ltd. (HMIL),a passenger car exporter and second largest car manufacturer, on Friday announced the price increase across all its models with effect from March 1, 2016 on account of the new levies announced in the Union budget.
Vodafone India celebrates ‘Pledge for Parity’ during International Women’s Week
Mar 04, 2016, at 09:33 pm
New Delih, Mar 4 (IBNS) Vodafone India will celebrate the International Women’s Day with a week-long celebration from Mar 7-11 to acknowledge and appreciate the vital role of women and their contribution in the organisation and society at large.
Tata Motors to roll-out fourth edition of mega service camp across India
Mar 04, 2016, at 09:12 pm
Kolkata/Mumbai, Mar 4 (IBNS): Tata Motors will roll-out its 4th nationwide Mega Service Camp for its passenger vehicle customers, starting from Mar 8 to Mar 14.
Global Crude oil price of Indian Basket was US$ 33.39 on Thursday
Mar 04, 2016, at 06:37 pm
New Delhi, Mar 4 (IBNS) The international crude oil price of Indian Basket as on Friday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 33.39 per barrel (bbl) on Thursday, lower than the price of US$ 33.52 per bbl published on Wednesday.
Overall global food prices steady in February- UN
Mar 04, 2016, at 02:18 pm
New York, Mar 4 (Just Earth News/IBNS): Overall food prices stayed put on the month in February, as falling sugar and dairy prices offset a spike in vegetable oil prices, according to the United Nations Food and Agriculture Organization (FAO).
AirAsia India's in-flight meals voted as one of the best in country
Mar 04, 2016, at 03:06 am
New Delhi, Mar 3 (IBNS): AirAsia India was voted as the top airline that serves the best in-flight meal in the country, according to a survey done by goIbibo.com.
Indian markets remain bullish for third consecutive day
Mar 03, 2016, at 10:22 pm
Mumbai, Mar 3 (IBNS) The Indian markets remained bullish for the third consecutive day on Thursday largely based on positive global cues that encouraged broad-based buying.
Global crude oil price of Indian Basket was US$ 33.52 on Wednesday
Mar 03, 2016, at 05:43 pm
New Delhi, Mar 3 (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$ 33.52 per barrel (bbl) on ednesday. This was higher than the price of US$ 33.22 per bbl published on Tuesday.
CIBIL launches iScan to prevent commercial loan delinquencies in banks
Mar 03, 2016, at 02:29 am
Mumbai, Mar 2 (IBNS): Credit Information Bureau (India) Limited (CIBIL), the country’s leading credit information company, on Wednesday launched CIBIL iScan that provides banks with comprehensive details of a corporate’s credit history spread across all financial and credit institutions.
Al Ahli Bank of Kuwait selects Infosys Finacle to power its technology transformation
Mar 03, 2016, at 02:28 am
Bangalore, Mar 2 (IBNS): Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys, on Wednesday announced that Al Ahli Bank of Kuwait (ABK), a leading retail bank in Kuwait, has selected Finacle to drive its technology transformation.
Union Budget: With digital literacy,financial literacy should have been clubbed, says AISECT
Mar 03, 2016, at 02:14 am
New Delhi, Mar 2 (IBNS): In response to the allocations for the Banking and Financial Inclusion sectors in Arun Jaitley's Union Budget 2016-17, Abhishek Pandit, Director-Business Services, AISECT, has said that along with digital literacy, financial literacy should also have been clubbed.
ICICI Bank inaugurates a new ATM at Old Bus Stand in Shimla
Mar 03, 2016, at 01:53 am
Shimla, Mar 2 (IBNS): ICICI Bank on Wednesday inaugurated a new 24x7 ATM at the Old Bus Stand in Shimla.
IMF projects India's growth rate for this fiscal at 7.3 per cent
Mar 03, 2016, at 01:25 am
London, Mar 2 (IBNS) The International Monetary Fund (IMF) on Wednesday projected that India will witness a growth of 7.3 per cent for fiscal year FY2015/16.
Union Budget took positive step regarding skills and digital initiatives: AISECT
Mar 03, 2016, at 01:14 am
New Delhi, Mar 2 (IBNS): In response to provisions on Skills and Digital Initiatives in the Union Budget 2016-17 presented by Finance Minister Arun Jaitley, Siddharth Chaturvedi, Director, AISECT, has termed the same as a step in positive direction.
Mercedes-Benz India to revise ex-showroom prices of its entire model range by 3% to 5%
Mar 03, 2016, at 12:32 am
Pune, Mar 2 (IBNS): India’s largest luxury car maker Mercedes-Benz India on Wednesday announced an upward revision of the price of its entire model range effective from Mar 15.