Colgate reports 12% increase in 1H net sales

Nov 06, 2014, at 01:12 am

Mumbai, Nov 5 (IBNS): Colgate-Palmolive (India) Limited on Wednesday reported net sales of Rs. 1,944.2 crore for the half year ended September 30, 2014, a 12% increase over the same period of the previous year.

ICICI Group contributes Rs 12 cr to PM's National Relief Fund

Nov 06, 2014, at 01:06 am

New Delhi, Nov 5 (IBNS): ICICI Group on Wednesdat made a contribution of Rs 12 crore towards the 'Prime Minister's National Relief Fund' for the people affected by the natural calamities in Jammu & Kashmir, Assam, Meghalaya and Andhra Pradesh.

Gartner positions L&T Infotech as 'Challenger' in Magic Quadrant for Oracle Application Management Service Providers worldwide

Nov 06, 2014, at 01:02 am

Mumbai, Nov 5 (IBNS): L&T Infotech, a global provider of information technology services and solutions and a wholly-owned subsidiary of the USD 14.3 billion Larsen & Toubro (L&T), on Wednesday announced that Gartner, Inc. has positioned L&T Infotech as a 'Challenger' in its 'Magic Quadrant for Oracle Application Management Service Providers, Worldwide' report, dated October 16, 2014, authored by Gilbert van der Heiden, Frances Karamouzis and Ian Marriott.

Sanjay Baweja appointed as Flipkart's Chief Financial Officer

Nov 05, 2014, at 08:31 pm

Bengaluru, Nov 5 (IBNS): India's leading e-commerce marketplace, Flipkart.com, Wednesday announced that it has appointed Sanjay Baweja, as its Chief Financial Officer (CFO).

Bull run in Indian bourses, BSE, Nifty touch record high

Nov 05, 2014, at 05:47 pm

Mumbai, Nov 5 (IBNS): In a strong bull run on Wednesday, the BSE Sensex rose above 28,000 for the first time ever while the 50-share Nifty also hit a record high in morning trade.

Private sector can boost growth in landlocked developing countries – senior UN official

Nov 05, 2014, at 03:21 pm

New York, Nov 5 (IBNS) Private sector engagement is key to accelerating development in the world’s 32 landlocked developing countries (LLDCs), said delegates attending an event in the margins of the Second United Nations Conference on LLDCs, currently underway in Vienna, Austria.

Berger Paints announces results for quarter ending on Sept 30

Nov 05, 2014, at 05:16 am

New Delhi, Nov 4 (IBNS): Berger Paints on Tuesday announced its consolidated results for the quarter ended on 30th September where its net sales and other operating income was Rs. 1104 crores as against Rs.966 crores in the corresponding quarter of the last year representing an increase of 14% over the corresponding period of last year.

Sanofi Pasteur publishes results of final landmark phase III clinical efficacy study

Nov 05, 2014, at 04:21 am

Lyon, France, Nov 4 (IBNS): Sanofi Pasteur, the vaccines division of Sanofi, on Tuesday announced the publication of the detailed results of the final landmark phase III clinical efficacy study in Latin America in The New England Journal of Medicine.

RB India launches Dettol Multi-Use Wipes

Nov 05, 2014, at 04:18 am

Kolkata, Nov 4 (IBNS): As the global leader in consumer health and hygiene, RB (formerly called Reckitt Benckiser), on Tuesday announced the launch of Dettol Multi-Use Wipes.

Blumerq launches AW'14 collection inspired by MOD Style

Nov 05, 2014, at 04:17 am

Bangalore, Nov 4 (IBNS): Blumerq, a trendy casual wear clothesline for men with over 350 stores nationwide, unveiled its winter collection, offering a wide range of options in t-shirts, polos, shirts and bottoms for fashion lovers.

Infosys helps Fayetteville Public Works Commission improve customer experience

Nov 05, 2014, at 03:37 am

Bangalore/Fayetteville, North Carolina, Nov 4 (IBNS): Consulting, technology, outsourcing and next generation service providers Infosys on Tuesday announced that it is helping Fayetteville Public Works Commission (FPWC) become more customer centric, operationally efficient, agile and smart grid ready.

Travelport, AirAsia India sign distribution agreement

Nov 05, 2014, at 01:14 am

New Delhi/Singapore, Nov 4 (IBNS): Travelport, a leading Travel Commerce Platform providing distribution, technology, payment and other solutions for the $7 trillion global travel and tourism industry, on Tuesday announced a new distribution agreement with AirAsia India which will see the carrier distribute all of its fares and ancillary services through Travelport’s Travel Commerce Platform.

Esprit selects Mindtree as strategic IT partner

Nov 05, 2014, at 01:10 am

Ratingen (Germany)/Bangalore (India), Nov 4 (IBNS): Mindtree, a global technology services company, on Tuesday announced that it is working with international fashion brand Esprit to deliver IT solutions that will make Esprit more competitive.

Jet Airways introduces additional frequencies from Mumbai to Far East

Nov 05, 2014, at 12:54 am

Mumbai, Nov 4 (IBNS): International airline Jet Airways has enhanced its global connectivity with the introduction of additional frequencies from Mumbai to Far East and the gulf region.

ICICI Bank inaugurates 100th branch in Odisha

Nov 05, 2014, at 12:53 am

Bhubaneswar, Nov 4 (IBNS): Private sector bank ICICI Bank Ltd on Tuesday announced the inauguration of its 100th branch in Odisha.

L&T Technology Services and Tele2 announce strategic M2M/IoT partnership

Nov 04, 2014, at 07:29 pm

Mumbai/Stockholm, Nov 4 (IBNS) L&T Technology Services, a wholly owned subsidiary of Engineering major, Larsen & Toubro, announced Tuesday that it has partnered with Europe based telecom operator Tele2 to jointly develop solutions around Machine-to-Machine (M2M) and Internet of Things (IoT).

GreenField Software appoints Parikshit Bhaduri as VP development

Nov 04, 2014, at 04:07 am

New Delhi, Nov 3 (IBNS): Data Center Infrastructure Management provider, GreenField Software has strengthened its Technology Leadership by bringing board a technology veteran, Parikshit Bhaduri, as VP-Product Development.

M&M ties up with Abhyudaya Co-operative Bank for car loans

Nov 04, 2014, at 04:02 am

Mumbai, Nov 3 (IBNS): SUV manufacturer Mahindra & Mahindra Ltd. (M&M Ltd.) has signed a Preferred Financier agreement with Abhyudaya Co-operative Bank, Manchar.

Flipkart launches app for Android wearable technology

Nov 04, 2014, at 02:17 am

New Delhi, Nov 3 (IBNS): E-commerce marketplace Flipkart has launched an app compatible with the Android wearable technology.

Emirates SkyCargo Connects Budapest to a World of Trade

Nov 03, 2014, at 11:48 pm

Kolkata, Nov 3 (IBNS): Emirates SkyCargo, the freight division of Emirates and a global connector of business and trade, has strengthened its operations in central Europe with the recent launch of cargo services to Budapest.

President inaugurates ASSOCHAM Summit on livelihood security

Nov 03, 2014, at 09:17 pm

New Delhi, Nov 3 (IBNS) President of India Pranab Mukherjee inaugurated a Summit on 'Livelihood Security: Realizing the vision for 1.3 billion Indians organized by ASSOCHAM at Vigyan Bhawan here on Monday.

Tata Steel's Coke Oven Battery # 3 retires

Nov 02, 2014, at 08:17 pm

Jamshedpur, Nov 2 (IBNS) : Coke Oven Battery # 3 at the Jamshedpur Works of Tata Steel retired on Nov 1, 2014 after serving the steel behemoth for 40 years, said the steel making giant on Sunday.

TVS Motor Company posts 22% sales growth in October

Nov 02, 2014, at 02:25 am

Hosur, Nov 1 (IBNS) : TVS Motor Company on Saturdays aid it has posted a sales growth of 22 percent during the month of October 2014, with total sales increasing from 197,905 units recorded in the month of October 2013 to 241,044 units in the month of October 2014.

Honda Cars India Ltd. clocks 18% sales growth in October

Nov 02, 2014, at 01:53 am

New Delhi, Nov 1 (IBNS): Premium car manufacturer Honda Cars India Ltd. (HCIL) on Saturday said it has registered monthly domestic sales of 13,242 units in October 2014, witnessing a growth of 18 percent.

ITC's net revenue up by 14.8%

Nov 01, 2014, at 06:28 am

New Delhi, Oct 31 (IBNS) Cigarettes and consumer goods maker ITC Ltd on Friday said its Net Revenue has grown by 14.8 percent to stand at Rs. 8930.32 crores for the quarter that ended on Sept 30.

Indian market continues its climb

Nov 01, 2014, at 05:15 am

Mumbai, Oct 31 (IBNS): The Indian market continued to show positive surges on Friday with both the Sensex and the Nifty touching record high figures for the second consecutive day.

Morningstar rates all of Edelweiss Tokio Life Insurance's funds 5 Stars

Nov 01, 2014, at 05:10 am

New Delhi, Oct 31 (IBNS): Edelweiss Tokio Life Insurance,the life insurance arm of Edelweiss Financial Services Ltd, on Friday announced that it has all its individual ULIP funds rated 5 stars by Morningstar, indicating superior fund performance.

Narula Institute of Technology places focus on latest developments in computational advancement

Nov 01, 2014, at 05:10 am

Kolkata, Oct 31 (IBNS) Narula Institute of Technology, a flagship college under JIS Group Educational Initiatives, recently organized an International Conference on Computational Advancement in Communication Circuits and Systems.

Growth in 8 core sector industries slows to 1.9 pct

Nov 01, 2014, at 04:48 am

New Delhi, Oct 31 (IBNS): The eight core sector industries' growth has slowed down to 1.9 per cent in September, official data showed on Friday.

Whirlpool Q2 profit jumps 2.5 times, revenue up by 21%

Nov 01, 2014, at 04:35 am

Kolkata, Oct 31 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation, the home appliance company, on Friday announced solid operating results for the second quarter of 2014-15, where its total income of Rs. 744.6 Cr. grew by 21% and Profit after Tax at Rs. 40.7 Cr. was 2.5 times higher than the same quarter last year.