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New boss Elon Musk ends remote working in first email to Twitter employees | Tamil Nadu medical college suspends 7 students over video of sexual harassment | Bengal: Mamata eyes Matua votes as BJP relaunches CAA narrative | Bengal teachers' recruitment scam: 2014 TET aspirants hit streets, scuffle with Kolkata Police | Shiv Sena MP Sanjay Raut released from jail after over 3 months in money laundering case | US midterm polls: Tight race in Senate with Democrats' projected Pennsylvania win, Republicans lead in House | Kashmir: Soldier dies in 'accidental fire' in Poonch | Rahul Gandhi's Bharat Jodo Yatra resumes from Maharashtra's Biloli | Congress' dig at Modi govt over 'lotus' symbol in G-20 logo | Justice DY Chandrachud takes oath as 50th CJI

ICICI Lombard signs distribution tie-up pact with RBL Bank

Feb 13, 2018, at 05:17 am

Mumbai, Feb 12 (IBNS): ICICI Lombard General Insurance Ltd., a private sector general insurance company, and RBL Bank have entered into a Corporate Agency Tie-up agreement.

Tata Power Skill Development Institute trains 13,527 people in FY18

Feb 13, 2018, at 04:12 am

Mumbai/ Kolkata, Feb 12 (IBNS): Tata Power, an integrated power company, through its skill development endeavor, TPSDI (Tata Power Skill Development Institute) has trained 13,527 people in FY18, thereby enhancing their employability prospect, a company statement claimed. 

Zoho partners with ICICI Bank

Feb 13, 2018, at 01:58 am

Mumbai, Feb 12 (IBNS): In an integration of accounting and banking, Zoho, an Indian software products company, is partnering with ICICI Bank, a private sector bank by consolidated assets, to deliver a "streamlined digital banking experience to customers" using Zoho's cloud accounting software, 'Zoho Books'.

Foodpanda to invest INR 400 Cr in further strengthening its delivery network

Feb 12, 2018, at 11:55 pm

Kolkata, Feb 12 (IBNS): Foodpanda, India’s leading online marketplace for food delivery, on Monday announced its plans to invest INR 400 crores in the country.

India' retail inflation eases to 5.07 pct in January

Feb 12, 2018, at 11:52 pm

New Delhi, Feb 12 (IBNS): India’s retail inflation eased to  5.07 percent in January, official data released by the Indian government on Monday revealed.

India's factory output growth slows down to 7.1 percent in December

Feb 12, 2018, at 11:43 pm

New Delhi, Feb 12 (IBNS): After touching  25-month high of 8.4 percent in November,  India's industrial output growth slowed down to 7.1 percent in November, official data released on Monday said.

Airtel and Hotstar announce strategic partnership

Feb 12, 2018, at 11:28 pm

New Delhi, Feb 12 (IBNS): Bharti Airtel, India’s largest telecommunications services provider, and Hotstar, India’s largest premium streaming platform today announced a strategic partnership to bring exciting digital content from Hotstar’s portfolio to Airtel customers. 

EV sales to witness high double digit growth annually till 2020: ASSOCHAM-EY Study

Feb 12, 2018, at 09:43 pm

New Delhi, Feb 12 (IBNS): Electric vehicle (EV) market has the potential to grow significantly in the coming years as sales are expected to witness high double digit growth rates annually in India till 2020, noted a recent ASSOCHAM-EY joint study.

Tata Motors Group global wholesales at 114,797 in January 2018

Feb 10, 2018, at 12:35 am

Mumbai/Kolkata, Feb 9 (IBNS): Automobile giant The Tata Motors Group global wholesales in January 2018, including Jaguar Land Rover, were at 114,797 nos., higher by 20%, over January 2017.  

Indian benchmark indices closes lower on Friday

Feb 09, 2018, at 10:01 pm

Mumbai, Feb 9 (IBNS): Indian benchmark indices closed lower on Friday after reporting gains the day before, according to media reports.

Century LED lights up Kolkata in association with the Bidhannagar Municipal Corporation

Feb 09, 2018, at 09:22 pm

Kolkata,Feb 9 (IBNS): Century, a leading lighting solution company, on Friday said has taken up an initiative to adorn the Book Fair and a metro corridor of the Salt Lake area with LED lights.

Google fined Rs. 136 crore by Competition Commission for 'unfair business practices in India'

Feb 09, 2018, at 05:09 am

New Delhi, Feb 8 (IBNS): The Competition Commission of India (CCI) on Thursday imposed a fine of  Rs 136 crore on popular search engine Google for unfair business practices in the Indian market.

SAIL turns around with profit in Q3FY18

Feb 09, 2018, at 03:56 am

New Delhi, Feb 8 (IBNS): Steel Authority of India Ltd. (SAIL) has earned Profit Before Tax (PBT) of Rs 82 Crore in the third quarter of this current financial year (Q3FY18) after ten quarters.

America First and Make in India are not incompatible: US Ambassador to India Juster

Feb 08, 2018, at 11:11 pm

Kolkata, Feb 8 (IBNS): US Ambassador to India Kenneth I. Juster on Wednesday said America First and Make in India, the trade goals of the US and India respectively, are not incompatible.

Indian benchmark indices recover sharply on Thursday

Feb 08, 2018, at 09:34 pm

Mumbai, Feb 8 (IBNS): The Indian market recovered sharply on Thursday after seven consecutive negative sessions though it failed to cling to the day's high, according to media reports.

Union Budget 2018 focuses on affordable housing but sans any direct impact on real estate sector

Feb 08, 2018, at 08:05 pm

Kolkata, Feb 8 (IBNS): The Union Budget 2018 is a balanced one with focus on affordable housing but without any direct impact on the sector, according to Laxman Jaiswal, Chairman & Managing Director, Ascon Infrastructure (India) Ltd.

Global Procurement Summit 2018 inaugurated by Central minister P Radhakrishnan

Feb 08, 2018, at 06:45 pm

New Delhi, Feb 8 (IBNS): The Central government's Minister of State for Finance and Shipping, P. Radhakrishnan delivered the inaugural address at the ‘Global Procurement Summit 2018’ on 'New Frontiers faced in the Transformation process of Procurement Today, in New Delhi on Thursday.

Sensex opens in high, up by 200 points

Feb 08, 2018, at 04:12 pm

Mumbai, Feb 8 (IBNS): For the second consecutive day, Sensex has opened in a high as it has gone up by more than 200 points.

Cabinet approves Insolvency and Bankruptcy Code (Amendment) Bill, 2017 to replace the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2017

Feb 08, 2018, at 02:39 am

New Delhi, Feb 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has given Ex-post facto approval to the modifications carried out in the replacement Bill, which replaced the Insolvency and Bankruptcy Code (Amendment) Bill 2017, and which has been passed by the Parliament as the Insolvency and Bankruptcy Code (Amendment) Act, 2018.

Hyundai announces launch of ‘The New 2018 ELITE i20’

Feb 08, 2018, at 01:44 am

New Delhi, Feb 7 (IBNS): Hyundai Motor India Limited (HMIL), the country‘s second largest manufacturer of passenger cars and the largest exporter since inception, on Wednesday launched its Super Performer Iconic Premium Compact – ‘The New 2018 ELITE i20’ that embodies Hyundai’s Modern Premium offering for the global customers.

Nikon announces “Through Her Lens”: A Women Photography contest, campaign

Feb 08, 2018, at 01:38 am

Kolkata, Feb 7 (IBNS): Nikon India, 100% subsidiary of Nikon Corporation, leaders in imaging technology on Wednesday announced the “Through Her Lens” contest & campaign for all the passionate women photographers. 

Renault-Nissan-Mitsubishi and Didi Chuxing sign MoU to explore car-sharing partnership in China

Feb 08, 2018, at 01:37 am

New Delhi, Feb 7 (IBNS): Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, today announced it has signed a memorandum of understanding with DiDi Chuxing, the leading Chinese mobile transportation platform, to explore future business cooperation on a new electric vehicle car-sharing program in the People’s Republic of China.  

Jaguar restarts production of legendary D-type Race Car

Feb 08, 2018, at 01:35 am

Ryton-on-Dunsmore, UK, Feb 7 (IBNS):  Jaguar Classic is re-starting production of the iconic D-type race car in Coventry, 62 years after the last example was built in 1956. 

Tata Motors shaping India's future with 'Smart Mobility, Smart Cities' at Auto Expo

Feb 08, 2018, at 01:29 am

Kolkata / New Delhi, Feb 7 (IBNS): With a fresh new appearance, in the 150th year of the Group, Tata Motors on Wednesday brought alive the Government’s vision of smart cities of the future with its ‘Smart Mobility, Smart Cities’ theme at the ‘Auto Expo - The Motor Show 2018’. 

Renault-Nissan-Mitsubishi and DiDi Chuxing sign MoU

Feb 08, 2018, at 01:26 am

Mumbai, Feb 7 (IBNS): Renault-Nissan-Mitsubishi, an automotive alliance, on Wednesday announced it has signed a memorandum of understanding with DiDi Chuxing (‘DiDi’), a Chinese mobile transportation platform, to explore future business cooperation on a new electric vehicle car-sharing program in the People’s Republic of China.

Senco Gold and Diamonds ropes in Capillary Technologies as its CRM partner

Feb 08, 2018, at 01:26 am

Kolkata, Feb 7 (IBNS): Senco Gold & Diamonds, the largest jewellery retail chain from Eastern India, has roped in Capillary Technologies as its CRM (Customer Relationship Management) partner. 

Indian benchmark indices close negative for seventh consecutive session

Feb 07, 2018, at 10:04 pm

Mumbai, Feb 7 (IBNS): The Indian benchmark indices failed to raise their head on Wednesday, the seventh consecutive session, even though market breadth remained positive, according to media reports.

The MPC reiterates its commitment to keep headline inflation close to four per cent on a durable basis

Feb 07, 2018, at 09:43 pm

Mumbai, Feb 7 (IBNS): The Monetary Policy Committee (MPC) of the Reserve Bank of India, on the basis of an assessment of the current and evolving macroeconomic situation, decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6 per cent.

RBI keeps repo rate unchanged in latest Policy meeting, warns of tightening monetary conditions

Feb 07, 2018, at 09:25 pm

Mumbai, Feb 7 (IBNS): The Reserve Bank of India (RBI)  in its sixth bi-monthly monetary policy statement for 2017-18 said that it has kept the repo rate ( rate at which the RBI infuses liquidity in the banking system) unchanged at 6 per cent, according to media reports.

Amendments to the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

Feb 07, 2018, at 09:23 pm

New Delhi, Feb 7 (IBNS): The Union Ministry of Finance announced on Wednesday that the Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.