Mahindra Insurance Brokers to achie vethe Global Benchmark
Jan 18, 2016, at 10:23 pm
Mumbai, Jan 18 (IBNS): Mahindra Insurance Brokers Ltd. (MIBL) has been appraised and rated at Maturity Level 3 of the People Capability Maturity Model (People-CMM), thus becoming the first insurance broking company globally to achieve this international benchmark. MIBL joins the league of top companies practising People-CMM such as Accenture, Computer Sciences Corporation, Wipro, CMC, Mahindra & Mahindra Financial Services Ltd., Tata Consultancy Services, L&T Infotech, among others.
BSE,NIFTY drop to 20-month low
Jan 18, 2016, at 10:05 pm
Mumbai, Jan 18 (IBNS): The Indian share market ended Monday on a subdued note with the benchmark indices, BSE Sensex and NSE Nifty, touching their lowest points in almost 20-months.
Jan 18, 2016, at 09:38 pm
New Delhi, Jan 18 (IBNS) Reliance Jio Infocomm Ltd (“RJILâ€) and Reliance Communications Limited (“RCOMâ€) on Monday announced the signing of Agreements for Change in Spectrum Allotment in 800 MHz band across 9 Circles from RCOM to RJIL, and for Sharing of Spectrum in 800 MHz band across 17 circles.
62 people own same wealth as half the world: Oxfam
Jan 18, 2016, at 09:06 pm
New York, Jan 18 (IBNS) Runaway inequality has created a world where 62 people own as much as the poorest half of the world’s population – a figure that has fallen from 388 just five years ago, according to an Oxfam report published on Sunday ahead of the annual gathering of the world’s financial and political elites in Davos.
Domestic Airlines carried 20.34% more passengers during 2015: Govt
Jan 18, 2016, at 09:03 pm
New Delhi, Jan 18 (IBNS) The Centre on Monday said domestic Airlines carried 20.34% more passengers during 2015
Air Asia ties up with ICICI Bank, offers promo offers
Jan 18, 2016, at 08:49 pm
Kolkata, Jan 18 (IBNS) The world’s best low cost airline, AirAsia is offering yet another exciting promotional fare in association with ICICI Bank, India's largest private sector bank.
Tata Social Enterprise Challenge recognises India’s most promising early-stage social ventures
Jan 18, 2016, at 08:48 pm
Kolkata, Jan 18 (IBNS): Tata Social Enterprise Challenge 2015-16, a joint initiative of the Tata group and the Indian Institute of Management Calcutta (IIMC), celebrated India’s most promising early-stage social enterprises, which could bring about long-term solutions to India's social problems.
Ola appoints Raghuvesh Sarup as its Chief Marketing Officer
Jan 18, 2016, at 08:24 pm
Bangalore, Jan 18 (IBNS): Ola, India’s leading mobile app for personal transportation, on Monday announced the appointment of Raghuvesh Sarup as its Chief Marketing Officer.
Globsyn Skills hosts National Skill Convocation in Kolkata
Jan 17, 2016, at 08:43 pm
Kolkata, Jan 17 (IBNS): Globsyn Skills (GSDL), in association with the National Skills Development (NSDC), hosted the second edition of its National Skills Convocation in Kolkata on Saturday to recognize over 1100 trainees.
-1452950885.jpg "Jaitley to leave for six-day official visit to UK , Switzerland on Sunday")
Jaitley to leave for six-day official visit to UK , Switzerland on Sunday
Jan 17, 2016, at 12:28 am
New Delhi, Jan 16 (IBNS): Union Finance Minister Arun Jaitley will leave on Sunday for London for two-day official visit to UK followed by four day official visit to Zurich, Switzerland.
Indian Oil observes Oil and Gas Conservation Fortnight 2016
Jan 16, 2016, at 11:59 pm
Kolkata, Jan 16 (IBNS): The annual Oil & Gas Conservation Fortnight under the aegis of Ministry of Petroleum & Natural Gas, Government of India, was inaugurated on Saturday at Science City in Kolkata by Haider Aziz Safwi, Minister in Charge, Correctional Administration, Government of West Bengal in presence of R. K. Mohapatra, State Level Coordinator (SLC) and General Manager, West Bengal State Office, Indian Oil Corporation Ltd., Kolkata and other senior officials of the Oil Industry.
AFORD Homes expo starts in Bhubaneswar
Jan 16, 2016, at 09:56 pm
Bhubaneswar, Jan 16 (IBNS): Association for Odisha Realestate Developers (AFORD) is one of the most prominent recognized body of the Real Estate Developers in Odisha.
Ola launches Road Safety Initiative in Kolkata
Jan 16, 2016, at 08:42 pm
Kolkata, Jan16 (IBNS): Ola, India's leading mobile app for transportation today announced the launch of its Road Safety Initiative in Kolkata in association with The Bidhannagar Traffic Police. Under the campaign, Ola will celebrate "Road Safety Week" in Kolkata between Jan 10 and 16 to drive home the message against over speeding and drunk driving.
Jan 16, 2016, at 06:54 pm
New Delhi, Jan 16 (IBNS) SoftBank CEO Masayoshi Son feels that the century belongs to India.
Facebook COO donates 31m USD in FB Stock to charity
Jan 16, 2016, at 05:37 pm
California, Jan 16 (IBNS) Days after Mark Zuckerberg pledged to donate 99 per cent of his company shares to charity, another Facebook top-gun followed the same path as COO Sheryl Sandberg donated an estimated 31 Million USD in FB stock to charity recently.
Start-Up India will end licnece raj, restrict state's role in entrepreneurship : Arun Jaitley
Jan 16, 2016, at 05:35 pm
New Delhi, Jan 16 (IBNS) Finance Minister Arun Jaitley on Saturday inaugurated the launch of the government’s 'Start-up India' initiative, saying it will change the conventions of licence raj and restrict the role of the state in entrepreneurship.
Jan 16, 2016, at 04:52 am
New Delhi, Jan 15 (IBNS): Giving relief to consumers, Petrol and diesel prices were reduced on Friday, officials said.
West Bengal microfinance sector has huge potential to grow: Experts
Jan 16, 2016, at 01:34 am
Kolkata, Jan 15 (IBNS): There is an enormous scope for investment in the microfinance sector in West Bengal if banks provide uniform support to the MFIs (microfinance institutions), said experts in the field here at a summit of microfinance sector this week.
Indian stock market drops to 19-month low on Friday
Jan 16, 2016, at 01:30 am
Mumbai, Jan 15 (IBNS): The Indian stock market suffered the sharp correction in oil prices on Friday and dropped to its 19-month low, with the BSE Sensex declining by 1.28% to 24455.04 and Nifty declining by 1.31% to 7437.80.
-1452857679.jpg "Indian retail market has potential to grow to 1.1-1.2 trillion USD by 2020: Report")
Indian retail market has potential to grow to 1.1-1.2 trillion USD by 2020: Report
Jan 15, 2016, at 10:36 pm
Mumbai, Jan 15 (IBNS) India’s retail sector has the potential to grow to 1.1-1.2 trillion USD by 2020 from 630 billion USD in 2015, reaping the benefits of a large, young population joining the workforce, 70% increase in income levels, increase in the number of nuclear families and increasing urbanization, says the report titled 'Retail transformation: Changing your performance trajectory'.
Suzlon receives additional credit of Rs 2,300 crore over and above existing limits
Jan 15, 2016, at 09:50 pm
Mumbai, Jan 15 (IBNS): Renewable energy solutions firm Suzlon Group on Friday announced that it has been sanctioned an additional credit facility (substantially non-fund based) of Rs 2,300 crore (USD 344 million) over and above its existing limit to meet its requirements for execution of sizable order backlog and pipeline, which will help in to capitalize on the growth opportunities in the Indian and global renewable energy sector.
RCom received go-head from Indian bourses to acquire Sistema Shyam Teleservices
Jan 15, 2016, at 08:52 pm
Mumbai, Jan 15 (IBNS): Reliance Communications (RCom) said it has received the go-ahead from both the stock exchanges, BSE and NSE, to acquire the Russian conglomerate Sistema’s Indian telecom unit, Sistema Shyam Teleservices Ltd (SSTL).
Manpasand Beverages ties up with German wholesale major METRO Cash & Carry
Jan 15, 2016, at 08:38 pm
New Delih, Jan 15 (IBNS): India’s leading fruit juice player, Manpasand Beverages Ltd, has entered into a tie up with German wholesale retail and trading major, METRO Cash & Carry.
Second tranche of the Sovereign Gold Bonds to be kept open from Jan 18-22, 2016
Jan 15, 2016, at 06:07 pm
New Delhi, Jan 15 (IBNS): Union Finance Minister Arun Jaitley asked all banks to make their best efforts to reach-out to potential investors to invest in the Second Tranche of the Sovereign Gold Bonds, which will be kept open from Jan 18 to 22, 2016.
Global crude oil price of Indian Basket was US$ 26.43 per bbl on Jan 14
Jan 15, 2016, at 05:50 pm
Mumbai, Jan 15 (IBNS) International crude oil price of Indian Basket as computed/publishedon Jan 15 by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 26.43 per barrel (bbl) on Jan 14.
ICICI Bank mortgage portfolio crosses Rs 1 lakh crore
Jan 15, 2016, at 04:48 am
Mumbai, Jan 14 (IBNS): ICICI Bank on Thursday announced that it crossed the milestone of disbursing mortgage loans of over Rs 1 lakh crore.
Maruti Alto adds driver side airbag option for its variants
Jan 15, 2016, at 12:01 am
New Delhi, Jan 14 (IBNS): Driver airbag is now offered as an option in all variants of Alto 800 and Alto K10, Maruti Suzuki India Limited said on Thursday.
Infosys springs a surprise by beating expectations and raising revenue guidance
Jan 14, 2016, at 11:32 pm
Mumbai, Jan 14 (IBNS): Infosys beat analysts' expectations with its third quarter earnings and has revised its dollar revenue growth guidance indicating an improvement in business compared to its peer Tata Consultancy Serives (TCS).
Benchmark Sensex, Nifty end in the red
Jan 14, 2016, at 10:53 pm
Mumbai, Jan 14 (IBNS): The benchmark indices BSE Sensex and NSE Nifty ended Thursday on a muted note, down by over 80 points (at 24,77 points) and by 26 points (at 7,537 points) respectively, largely owing to global cues, including the blast in Indonesia, but managed to offset the gloom following the brilliant results posted by Infosys.
11th Edition of Mahindra Excellence in Theatre Awards in Delhi announced
Jan 14, 2016, at 10:30 pm
Kolkata, Jan 14 (IBNS): The Mahindra Excellence in Theatre Awards (META), a week-long national theatre festival and award, which stages the best of theatre from the year gone by.