Maruti Suzuki India Limited increases car prices in India by upto Rs. 17000
Jan 11, 2018, at 01:11 am
New Delhi, Jan 10 (IBNS): Maruti Suzuki India Limited on Wednesday announced a price increase ranging from Rs 1,700 to Rs 17,000 (Ex-Showroom - Delhi) across models, owing to increase in commodity and other administrative and distribution costs.
Land Rover's 70th anniversary begins with restoration of 'missing' original 4x4
Jan 10, 2018, at 10:56 pm
Coventry, UK, Jan 10 (IBNS): Automobile major Land Rover will mark its 70th anniversary with a series of events and celebrations in 2018, beginning with the restoration of the vehicle that started it all – one of the three pre-production Land Rovers shown at the 1948 Amsterdam Motor Show launch.
Cabinet approves implementation of CCEA decision on closure of Tungabhadra Steel Products Limited
Jan 10, 2018, at 10:49 pm
New Delhi, Jan 10 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has approved the implementation of the CCEA decision on closure of Tungabhadra Steel Products Limited (TSPL) regarding disposal of its immovable assets.
Cabinet approves Cadre review of Group 'A' Executive Cadre of Central Industrial Security Force
Jan 10, 2018, at 10:43 pm
New Delhi, Jan 10 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Cadre review of Group 'A' Executive Cadre of Central Industrial Security Force (CISF).
Tata Docomo Business Services launches LOLA, SLA services in India
Jan 10, 2018, at 10:24 pm
Mumbai / Kolkata, Jan 10 (IBNS): Tata Docomo Business Services (TDBS), a leading enterprise service provider in India, announced on Wednesday the launch of two unique offerings in the Indian market – Ultra Low Latency (LOLA) solution for institutional stock trading firms; and Service Level Agreement (SLA) on Wireline Voice Services for small, medium and large enterprises.
Nissan delivers 300,000th Nissan LEAF
Jan 10, 2018, at 10:06 pm
Yokohama, Japan,Jan 10 (IBNS): Automobile major Nissan announced on Wednesday that the company has sold its 300,000th Nissan LEAF globally since the model first went on sale in 2010.
Datsun India opens pre-bookings for the redi-GO 1.0L AMT
Jan 10, 2018, at 10:00 pm
New Delhi, Jan 10 (IBNS): Automobile major Datsun India on Wednesday said it has commenced pre-launch bookings for the much-awaited Datsun redi-GO 1.0L Automated Manual Transmission (AMT) from Jan 10.
Tata Motors Group global wholesales at 116,677 in December 2017
Jan 10, 2018, at 08:48 pm
Mumbai/Kolkata, Jan 10 (IBNS): The Tata Motors Group on Wednesday said its global wholesales in December 2017, including Jaguar Land Rover, were at 116,677 nos., higher by 23%, over December 2016.
Should You Go for Term Insurance After 40?
Jan 10, 2018, at 06:13 pm
Certainly, you should go for term insurance after 40. As your retirement age is far (considering 60 as retirement age) and your family is financially dependent on you, so it is essential to purchase the term insurance even if you have celebrated your 40th birthday. Though you would have to pay a higher premium than a younger person, the cost of the insurance is nothing in front of the financial support which your family will get in your absence.
World Bank projects 7.3 percent growth rate for India in 2018
Jan 10, 2018, at 02:01 pm
New Delhi, Jan 10 (IBNS): Giving positive news to people in the country, the World Bank has projected India'a growth rate to 7.3 per cent in 2018.
Etihad Aviation Group appoints new Group Chief Financial Officer
Jan 09, 2018, at 10:15 pm
Abu Dhabi, UAE, Jan 9 (IBNS): Etihad Aviation Group (EAG) on Tuesday confirmed the appointment of Mark Powers as its new Group Chief Financial Officer Powers will join EAG in January 2018.
Tata CLiQ Luxury announces partnership with The Woolmark Company
Jan 09, 2018, at 10:14 pm
Mumbai/Kolkata, Jan 9 (IBNS): Tata CLiQ Luxury, Tata Group’s luxury ecommerce platform is pleased to announce a partnership with The Woolmark Company.
Ola and ICICI Bank Sign MoU to bring innovative solutions to customers and driver partners
Jan 09, 2018, at 09:59 pm
Kolkata, Jan 9 (IBNS): Ola, a mobility platform, and ICICI Bank, a private sector bank by consolidated assets, signed a Memorandum of Understanding (MoU) to bring forth a range of integrated offers to their customers and driver-partners.
Jan 09, 2018, at 09:55 pm
Bangalore /Kolkata, Jan 8 (IBNS): TVS Motor Company, a leading manufacturer of two and three-wheelers in India, has introduced a new Matte Series for the TVS Victor Premium Edition including two new colours and additional features.
Indian benchmark indices close at fresh record high on Monday
Jan 09, 2018, at 12:59 am
Mumbai, Jan 8 (IBNS): Indian benchmark indices closed at a record fresh high on Monday, with BSE Sensex up 198.94 points at 34,352.79 and NSE Nifty up 64.70 points at 10,623.60.
Mercedes-Benz records it’s highest ever sales in India
Jan 09, 2018, at 12:18 am
Kolkata, Jan 8 (IBNS): India’s largest luxury car brand Mercedes-Benz, on Monday announced a historic sales record achievement by clocking the highest ever yearly, half-yearly and also Q4 sales in 2017.
L&T construction wins orders valued Rs. 2,265 crore
Jan 08, 2018, at 11:57 pm
New Delhi, Jan 8 (IBNS): The Transportation Infrastructure and Water & Effluent Treatment businesses of L&T Construction have jointly bagged three EPC orders worth Rs. 2,265 Crore from Andhra Pradesh Capital Region Development Authority (APCRDA).
Airtel partners itel to expand its ecosystem of budget friendly 4G smartphones
Jan 08, 2018, at 10:28 pm
Kolkata , Jan 8 (IBNS): Bharti Airtel, a telecommunications services provider, and leading devices manufacturer - itel have partnered to launch budget friendly 4G smartphones.
Jan 08, 2018, at 09:34 pm
New Delhi, Jan 8 (IBNS): As many as 24 power projects with 41.81 GW capacity may be under a severe financial stress, but the troubled sector still holds hope in growth drivers including higher demand from the Railways, proposed law to enforce power purchase agreements (PPAs) on the discoms, increasing focus on electric vehicles and reaching electricity to all un-electrified villages, an ASSOCHAM study has noted.
Microfinance on road to recovery and housing loans remain stable say Moody's & ICRA report
Jan 08, 2018, at 09:24 pm
Singapore/New Delhi, Jan 8 (IBNS): Moody's Investors Service, in a recent report, said that India's structured finance market will show a varied performance in 2018, with some stress evident in asset-backed securities (ABS) deals backed by loans against property to small- and medium-sized enterprises (SMEs) following the introduction of a goods and services tax (GST) in July 2017.
Essar Ports completes investment of over Rs 2,800 crore in its Salaya and Vizag terminal projects
Jan 08, 2018, at 08:41 pm
Mumbai, Jan 8 (IBNS): Essar Ports Limited (EPL) said on Monday that its investment of over Rs 2,800 crore in its Salaya and Vizag terminal projects has the potential to increase the company’s revenues by 30 per cent in FY2018-19 on the back of third-party cargo growth.
Central government notifies the Companies (Amendment) Act, 2017
Jan 08, 2018, at 05:59 pm
New Delhi, Jan 8 (IBNS): The Union Ministry of Corporate Affairs announced on Monday that the Central government has notified the Companies (Amendment) Act, 2017 (Amendment Act) on January 3, 2018.
Indian NBFCs must adopt new tech-based biz models to attract PE funding: ASSOCHAM-PwC Study
Jan 07, 2018, at 11:37 pm
New Delhi, Jan 7 (IBNS): With banks tightening their purse strings owing to increasing bad loans, Indian non-banking financial companies (NBFCs) are growing their market share, however a recent ASSOCHAM-PwC joint study has stated that NBFCs will have to keep pace with new technologies and changing customer aspirations to attract timely PE (private equity) investments.
Kolkata: UP Investors Summit 2018 Road Show witnesses intention of investing Rs. 35000 crore
Jan 07, 2018, at 06:40 pm
Kolkata, Jan 7 (IBNS): At the UP Investors Summit 2018 Road Show, organised by CII, under the leadership of UP Industrial Development Minister Satish Mahana, in Kolkata, intention of investing Rs. 35000 crore has been expressed.
ASSOCHAM Paper suggests "mid-course" correction to remove inequalities
Jan 06, 2018, at 03:44 am
New Delhi, Jan 5 (IBNS) Suggesting "mid-course corrections" in growth and development model, an ASSOCHAM Paper has said economic, social and political focus should be on narrowing the inequalities among different segments of the Indian population.
RBI Introduces new Rs. 10 banknote
Jan 06, 2018, at 01:18 am
New Delhi, Jan 5 (IBNS): The Reserve Bank of India will shortly issue Rs. 10 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India.
Indian economy growth estimated to stand at 6.5 percent in 2017-18
Jan 06, 2018, at 01:00 am
New Delhi, Jan 5 (IBNS): The Indian economy is likely to mark a slow growth 6.5 percent in 201718, government data released on Friday said.
GDP growth will become more robust in 2018-19: NITI Aayog
Jan 06, 2018, at 12:09 am
New Delhi, Jan 5 (IBNS): Vice Chairman of NITI Aayog Rajiv Kumar has said that the GDP growth will become more robust in 2018-19.
Honda Cars India to organize mega service camp across India from Jan 8-14
Jan 05, 2018, at 11:44 pm
New Delhi, Jan 5 (IBNS): Honda Cars India Ltd., leading manufacturer of passenger cars in India, on Friday said it will organise an All India Mega Service camp from Jan 8 – 14, 2018.
Volvo Cars finishes the remarkable year with record sales, registers 28 per cent growth
Jan 05, 2018, at 11:35 pm
Kolkata, Jan 5 (IBNS): Swedish luxury car company, Volvo Cars, announced on Friday a robust 28 per cent annual growth in volumes, ending the calendar year 2017 with highest ever 2029 retails.