Banks have to take haircuts of 40-60% to achieve moderate degree of safety: Study
Sep 12, 2018, at 04:13 pm
Mumbai, Sept 12 (IBNS): With stressed debt of over Rs 50,000 crore under independent credit evaluation (ICE) framework, banks have to take a haircut in the range of 40-60 per cent to achieve a rating of RP4 (moderate degree of safety regarding timely servicing of financial obligations), noted a recent ASSOCHAM-Crisil joint study.
Growth and expansion of Kolkata: Rajarhat-New Town is Kolkata’s future
Sep 12, 2018, at 03:34 pm
Laxman Jaiswal, Chairman & Managing Director, Ascon Infrastructure (India) Ltd in conversation with Subhojit Roy
Rupee touches the newest low, nearing 73 per dollar
Sep 12, 2018, at 02:22 pm
Mumbai,, Sept 12 (IBNS) : The rupee on Wednesday sunk to a new all-time low at 72.91 against the dollar at the interbank foreign exchange market,continuing its steady fall since August.
Sep 12, 2018, at 09:13 am
New York, Sept 12 (IBNS): A new report issued today by the Broadband Commission for Sustainable Development shows that a growing number of governments now benchmark the status of broadband in their national broadband plans.
Petrol price breaches Rs 90 mark in Maharashtra
Sep 11, 2018, at 01:11 pm
Parbhani, Sept 11 (IBNS): The price of petrol has crossed the Rs 90 mark in parts of Maharashtra.
Rupee recovers, opens at higher value on Tuesday
Sep 11, 2018, at 11:07 am
Mumbai, Sept 11 (IBNS): The Indian currency opened on a positive note on Tuesday with the value of a rupee rising by 15 paise against the US dollar.
Fuel prices continue to rise; petrol prices inching towards Rs. 90/litre in Mumbai
Sep 11, 2018, at 10:43 am
New Delhi, Sept 11 (IBNS): Giving no respite to common people, fuel prices continued to rise even on Tuesday.
How to get cash back while shopping?
Sep 11, 2018, at 12:07 am
Shopping is a common pleasure that all of us enjoy. We like the feel of new things and we often do the mistake of overindulging us into shopping. We are pulled to the stores due to the new stocks and offers. This generally happens in online shopping as the inventories get updated almost every day. An intelligent shopper is someone who keeps tracks of offer websites that may actually enhance the deals. These days there is a trend of cashback offers which are actually great if you shop often. So, let us learn a bit about them.
First glimpse of all-new Nissan launched
Sep 10, 2018, at 06:48 pm
New Delhi/Kolkata, Sept 10 (IBNS): Revealed on Monday, the first sketches of the India model of the All-New Nissan KICKS showcase the evocative flow of its impressive, robust exteriors.
Mexico keen to enhance bi-lateral trade relationship with India says Mexican Ambassador in Kolkata
Sep 10, 2018, at 05:55 pm
Kolkata, Sep 9 (IBNS): The year 2017 marked a watershed in India-Mexico business relations with India figuring among the top ten trade partners of Mexico for the first time and Mexico emerging as the most important trade partner of India in entire Americas after the United States.
Young entrepreneurs from eastern India shine at ‘Y4BIZ’ Youth for Business program
Sep 10, 2018, at 05:48 pm
Kolkata, Sep 9 (IBNS): The final of the ‘Y4BIZ’ Youth for Business program, organised by the U.S. Consulate Kolkata, in collaboration with social enterprise Contact Base, was held recently at the American Center the city.
Sep 10, 2018, at 03:33 pm
New York, Sept 10 (IBNS): The Indian insurance industry is expected to grow to USD 280 billion by FY 2020 with the government’s flagship Ayushman Bharat – the National Health Protection Mission (AB-NHPM) and other growth drivers like rising disposable incomes, presence of global players and easing of the regulatory regime, helping penetration of the insurance culture in the country, according to an ASSOCHAM-APAS study.
Tata Motors Group registers global wholesales at 1,07,030 in August 2018
Sep 10, 2018, at 03:14 pm
Mumbai, Sept 10 (IBNS): Automobile giant The Tata Motors Group on Monday said it has registered global wholesales in August 2018, including Jaguar Land Rover, were at 1,07,030 nos., higher by 14%, as compared to August 2017.
At 72.44 per USD, Indian rupee reaches a new low
Sep 10, 2018, at 11:44 am
Mumbai, Sept 9 (IBNS): The rupee on Monday reached a new low of Rs. 72.44 corresponding to one US dollar, media reports said.
Mexico keen to enhance bi-lateral trade relationship with India says Mexican Ambassador in Kolkata
Sep 09, 2018, at 05:51 pm
Kolkata, Sep 9 (IBNS): The year 2017 marked a watershed in India-Mexico business relations with India figuring among the top ten trade partners of Mexico for the first time and Mexico emerging as the most important trade partner of India in entire Americas after the United States.
Tata Nexon launched in Bangladesh
Sep 08, 2018, at 05:29 pm
Dhaka, Sept 8 (IBNS): Automobile major Tata Motors, along with its distributor, Nitol Motors Ltd announced the launch of its most stylish compact SUV, Tata Nexon in Bangladesh, on Saturday.
Petrol price crosses Rs. 80/litre in Delhi
Sep 08, 2018, at 10:42 am
New Delhi, Sept 8 (IBNS): The price of petrol in the national capital has crossed Rs. 80/litre on Saturday.
Alibaba supremo Jack Ma to retire from company
Sep 08, 2018, at 09:16 am
Beijing, Sept 8 (IBNS): Alibaba’s co-founder and executive chairman Jack Ma has decided to step down from his position.
Tata Capital Financial Services Limited NCD offers interest rate upto 9.10 pct
Sep 07, 2018, at 11:45 pm
Kolkata, Sept 7 (IBNS) Tata Capital Financial Services, a subsidiary of Tata Sons, on Friday announced to raise Rs 7,500 crore through issue of non-convertible debentures, with an an interest rates between 8.70 per cent to 9.10 per cent per year varying on terms, which will open for subscription from September 10.
GSI signs MoU with NRSC-ISRO to utilize airborne Hyperspectral Data
Sep 07, 2018, at 07:40 pm
Kolkata, Sept 7 (IBNS): Geological Survey of India (GSI) has signed a Memorandum of Understanding (MoU) with National Remote Sensing Centre-Indian Space Research Organisation (NRSC-ISRO) recently at GSI in presence of its Director General Dr Dinesh Gupta and Director, NRSC , Santanu Chowdhury.
Petrol, diesel prices continue to rise
Sep 07, 2018, at 11:18 am
New Delhi, Sept 7 (IBNS): The petrol and diesel prices in several metropolitan cities continued to rise even on Friday, media reports said.
Mercedes-Benz India bolsters its new generation cars portfolio, launches CLA Urban Sport
Sep 06, 2018, at 09:21 pm
Pune, Sept 6 (IBNS): Indian luxury car manufacturer Mercedes-Benz on Thursday launched the CLA 200 and CLA 200 d Urban Sport, petrol and diesel versions for its young and happening customers.
Rupee fall unabated, now at 72 a dollar
Sep 06, 2018, at 05:08 pm
Mumbai, Sept 6 (IBNS) : Continuing its steady fall, The Indian rupee on Thursday crossed the 72-mark against the U.S. dollar for the first time to reach an all-time low, reports said.
Jaitley says global reasons responsible for rupee hitting all-time low
Sep 05, 2018, at 10:24 pm
New Delhi, Sept 5 (IBNS): Union Finance Minister Arun Jaitley on Wednesday said all global reasons are responsible for rupee hitting an all-time low on Thursday.
VitrA introduces autoclean washbasins for hygienic bathrooms!
Sep 05, 2018, at 04:56 pm
New Delhi, Sept 5 (IBNS): VitrA, the leading bathroom solutions brand of Eczacıbaşı Building Products Division in Turkey underlines the importance of hygiene with user –friendly cleaning solutions. VitrA’s newly developed AutoClean washbasins offer an auto clean function that makes cleaning fast and easy which also contributes to bathroom hygiene and healthier homes.
Rupee touches fresh all-time low at 71.79
Sep 05, 2018, at 12:51 pm
Mumbai, Sept 4 (IBNS):Continuing its rapid fall,the Indian rupee touched a fresh all-time low of 71. 79 against the US dollar, falling 21 paise in late morning deals on Wednesday, reports said.
Datsun India launches the stylish redi-GO Limited Edition’2018 for the festive season
Sep 04, 2018, at 07:04 pm
Kolkata, Sept 4 (IBNS): To celebrate the spirit of festive season, Datsun India has announced the launch of the stylish redi-GO Limited Edition’2018 across two variants.
Jet Airways announces six-day global fare sale
Sep 04, 2018, at 06:57 pm
Mumbai, Sept 4 (IBNS): Airlines major Jet Airways on Tuesday announced an attractive six-day global fare sale.
Rupee hits all-time low of Rs. 71.37
Sep 04, 2018, at 10:30 am
Mumbai, Sept 4 (IBNS): The Indian currency reached an all-time low of Rs. 71.37 against one US dollar in early trade on Tuesday, media reports said.
Sep 03, 2018, at 11:02 pm
New Delhi, Sept 3 (IBNS): NITI Aayog Vice Chairman Rajiv Kumar has said that note ban, which was carried out by the Centre in 2016, was not the reason behind the country's economic slowdown.