World Bank downgrades global growth in 2016; cites slowdown in major emerging economies
Jan 08, 2016, at 03:12 pm
New York, Jan 8 (Just Earth News/IBNS) Global growth disappointed again in 2015 – slowing to 2.4 per cent – and is expected to recover at a slower pace than previously envisioned, the World Bank Group said on Thursday in a new report, which also warned that a broad-based slowdown across developing countries could pose a threat to hard-won gains in raising people out of poverty.
Food price index drops in December due to abundant supplies, slow economic growth - UN agency
Jan 08, 2016, at 02:58 pm
New York, Jan 8 (Just Earth News/IBNS) Prices of major food commodities declined for the fourth year in a row in 2015 according to the UN Food and Agriculture Organization (FAO), averaging 19.1 per cent below their previous-year's levels, while the agency also reported on Friday that the dwindling global economy has triggered sharp price falls from metals to energy markets.
Tata Steel bags PM's Trophy for Best Performing Integrated Steel Plant
Jan 08, 2016, at 03:03 am
Jamshedpur/ Kolkata, Jan 7 (IBNS): Tata Steel Limited has been declared as the winner of Prime Minister's Trophy for being the 'Best Performing Integrated Steel Plant' in the country for the performance year 2013-2014.
Indian stock markets slide on global concerns
Jan 07, 2016, at 10:30 pm
Mumbai, Jan 7 (IBNS) Sharing the fear gripping the Asian markets, India’s stock market too closed on a sour note on Thursday with the BSE Sensex and the NSE Nifty dipping for the fourth consecutive day and notching up their four-month low largely due to upheavals in the Chinese market.
Ola Shuttle now allows users to suggest a route
Jan 07, 2016, at 08:42 pm
New Delhi, Jan 7 (IBNS): Ola, India’s leading mobile app for transportation on Thursday announced the launch of a new ‘Suggest a Route’ feature on its app in Delhi NCR for its Shuttle services.
Adar Poonawalla to spearhead clean Pune initiative
Jan 07, 2016, at 07:55 pm
New Delhi, Jan 7 (IBNS) Adar Poonawalla, CEO, Serum Institute of India, today unveiled a major public movement towards a clean and green Pune.
China stock crash pulls Sensex down by 400 points
Jan 07, 2016, at 04:31 pm
Mumbai, Jan 7 (IBNS) Indian markets fell sharply on Thursday amid a crash in China stocks causing the Sensex to hurtle over 400 points to below 25,000 - its lowest level in nearly three weeks, reports said.
Jan 07, 2016, at 01:46 pm
New Delhi, Jan 7 (IBNS): Video streaming company Netflix has officially entered the Indian market.
Mamata Banerjee lays foundation stone of JSW group's cement plant at Salboni
Jan 07, 2016, at 05:08 am
Kolkata/West Midnapore, Jan 6 (IBNS): West Bengal Chief Minister Mamata Banerjee on Wednesday laid the foundation stone of Jindal Steel Works (JSW) group's cement factory, which would produce 2.4 metric ton cements per year, at Salboni in West Bengal's West Midnapore district.
GKB Opticals receive India's Best Eyewear store award
Jan 07, 2016, at 03:31 am
Kolkata, Jan 6 (IBNS) Eyeware store, GKB Opticals received an award by India's Most Trusted Brands Awards Council under the Best Eyewear Store Category, recently.
ICICI Academy for Skills inaugurates its first centre in Mumbai
Jan 07, 2016, at 12:45 am
Mumbai, Jan 6 (IBNS): ICICI Academy for Skills (ICICI Academy), an arm of ICICI Foundation for Inclusive Growth, on Wednesday launched its first centre in Mumbai to provide vocational training to the youth from economically weaker sections to help them earn a sustainable livelihood.
SAIL-CMO awards 'exemplary' employees
Jan 07, 2016, at 12:35 am
Kolkata, Jan 6 (IBNS): Binod Kumar, Director (Commercial), Steel Authority of India Ltd (SAIL), on Wednesday presented the company’s highest awards – Jawahar Award & Nehru Vishistha Karmachari Puraskar – for the year 2014-15 to 7 employees of the company’s Central Marketing Organisation (CMO) at a function held at Ispat Bhavan here.
Vodafone India launches 4G services in Kozhikode
Jan 07, 2016, at 12:32 am
Kozhikode, Jan 6 (IBNS) Vodafone India, one of India’s leading telecommunication services provider, today announced the roll out of its next generation, high speed 4G network at Kozhikode city in Kerala following its successful launch in Kochi and Thiruvananthapuram recently.
Sensex down third day in a row in India
Jan 07, 2016, at 12:21 am
Mumbai, Jan 6 (IBNS) The Indian share market could not beat the gloom as its benchmark BSE Sensex ended 174 points lower at 25,406.33 on Wednesday due to weak global cues, after touching the day’s high of 25,632.57.
Vedanta Limited appoints Samir Cairae to lead metals division across India
Jan 07, 2016, at 12:19 am
New Delhi, Jan 6 (IBNS): Vedanta Limited, India’s only diversified natural resources company has appointed Samir Cairae as Chief Executive Officer (CEO) of Diversified Metals (India).
VMCS gets affilation from IDBI Bank as Business Correspondents
Jan 06, 2016, at 11:34 pm
Kolkata, Jan 6 (IBNS) : IDBI Bank has appointed VMCS, a sister concern of Village Financial Services Pvt. Ltd., one of the leading microfinance institution of West Bengal (VFS), as one of its Business Correspondents (BC) in the state.
Indigo Nation launches brand new campaign in the midst of end of season sale
Jan 06, 2016, at 11:19 pm
Bangalore, Jan 6 (IBNS): Indigo Nation from the house of Indus League, a division of Future Lifestyle Fashion Ltd has announced its one of a kind campaign aiming towards cultivating a culture of start-up way of life for today's youngsters, The campaign is called 'Take a shortcut to being the Boss' #'Startupnation.
CES 2016: Cisco expands its cloud video solutions; gains market traction
Jan 06, 2016, at 11:05 pm
Las Vegas, Jan 6 (IBNS) At CES on Wednesday Cisco is showing service providers, media and entertainment companies how they can deliver multiscreen TV experiences from one cloud, over any access network, anywhere.
Cabinet clears offers for HMT employees
Jan 06, 2016, at 09:12 pm
New Delhi, Jan 7 (IBNS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi on Wednesday gave its approval for offering attractive 'VRS / VSS packages' at 2007 pay scales to mitigate the hardships being faced by the employees of HMT Watches Ltd., HMT Chinar Watches Ltd. and HMT Bearings Ltd. and close their operations.
Cabinet approves creation of a Credit Guarantee Fund for MUDRA loans
Jan 06, 2016, at 09:05 pm
New Delhi, Jan 6 (IBNS) The Union Cabinet, chaired by Prime Minister Narendra Modi on Wednesday gave its approval for the creation of a Credit Guarantee Fund for Micro Units Development Refinance Agency (MUDRA) loans and to convert MUDRA Ltd. into MUDRA Small Industries Development Bank of India (SIDBI) Bank as a wholly owned subsidiary of SIDBI.
Cabinet approves Stand Up India scheme
Jan 06, 2016, at 08:50 pm
New Delhi, Jan 6 (IBNS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the “Stand Up India Scheme†to promote entrepreneurship among SC or ST and Women entrepreneurs.
Arup Biswas flags off Cable TV Show in Kolkata
Jan 06, 2016, at 07:43 pm
Kolkata, Jan 6 (IBNS) West Bengal's Housing and Youth Affairs Minister Arup Biswas on Tuesday flagged off Cable TV Show 2016 Kolkata, one of the largest shows on satellite and cable television in India, at the Netaji Indoor Stadium.
Blue Mount aims to provide pure water, enters Bengal market
Jan 06, 2016, at 07:11 pm
Kolkata, Jan 6 (IBNS) Blue Mount, India's first alkaline RO water Purifier with LED display technology, is entering into the West Bengal market.
Vodafone India announces the availability of 4G SIMs in Mumbai
Jan 06, 2016, at 06:27 pm
Mumbai, Jan 6 (IBNS) In a move to establish the largest 4G network in Mumbai, Vodafore India on Wednesday announced the availability of 4G ready SIMs at all of its 56 exclusive stores located at prominent locations in and around Mumbai.
Cable TV show attracts vendors from different places
Jan 06, 2016, at 05:41 pm
Kolkata, Jan 6 (IBNS): A three-day Cable TV show, billed as one of the largest satellite and cable television events of India, got underway in Kolkata's Netaji Indoor Stadium on Tuesday, with more than 70 participants making it the biggest affair in terms of participation so far.
Jan 06, 2016, at 12:24 am
Malabo, Jan 5 (IBNS) The Ministry of Mines, Industry and Energy of Equatorial Guinea on Tuesday said it will host a 1-day forum in New Delhi to promote investment opportunities in its energy, hydrocarbons and industrial sectors.
LG launches refrigerator with 'smart inverter compressor' technology in single door
Jan 06, 2016, at 12:23 am
New Delhi, Jan 5 (IBNS) Consumer durable brand LG Electronics India on Tuesday announced the launch of India’s first single door refrigerator with Smart Inverter Compressor technology.
LAVA strengthens its tablet portfolio, launches flagship Ivory M4 with high end specs
Jan 06, 2016, at 12:22 am
New Delhi / Kolkata, Jan 5 (IBNS): LAVA International Limited today introduced Ivory M4, the flagship device in its tablet portfolio.
Jan 06, 2016, at 12:09 am
Mumbai/ Kolkata, Jan 5 (IBNS): Tata Power, India's largest integrated power company, on Monday announced that the Company has been awarded with 'CBIP Award for Overall Outstanding Performance in Power Sector' at the Central Board of Irrigation & Power (CPIB) Day Celebration 2016, held in New Delhi.
Volvo Cars , Ericsson developing intelligent media streaming
Jan 06, 2016, at 12:00 am
Kolkata, Jan 5 (IBNS) Volvo Cars and Ericsson are developing intelligent media streaming for self-driving cars.