RBI keeps repo rate unchanged at six per cent
Dec 06, 2017, at 08:43 pm
New Delhi, Dec 6 (IBNS) : The Reserve Bank of India on Wednesday kept the repo rate unchanged at 6 per cent.
Italian venture ArtValley to facilitate India's urban infrastructure projects
Dec 06, 2017, at 07:45 pm
Kolkata, Dec 06 (IBS) In November, 2000, ArtValley was the name given to an international conference , ‘ArtValley-The Marketplaces of Art”, held at “Fortezza da Basso” in Florence, Italy. Seventeen years down the line the venture is known for creating an amenable platform where art, technology, culture and enterprise shook hands with a big focus on the booming economy that is India.
Reserve Bank of India cautions people about trading in Bitcoins
Dec 06, 2017, at 02:42 pm
Mumbai, Dec 6 (IBNS): The Reserve Bank of India has cautioned people about the use of Virtual Currencies (VCs) including Bitcoins.
Land Rover in India launches Range Rover Autobiography by SVO Bespoke
Dec 06, 2017, at 01:00 am
Kolkata, Dec 5 (IBNS): Land Rover on Tuesday said it bring to India its Range Rover Autobiography by SVO Bespoke, a highly customised limited edition of Land Rover’s flagship model.
TCS & Cornell Tech inaugurate the Tata Innovation Center
Dec 06, 2017, at 12:45 am
Kolkata, Dec 5 (IBNS): Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, today announced a new partnership with Cornell Tech, the first university campus designed for the digital age, to collaborate on technology research and expand K-12 digital literacy programs in New York City.
Mahindra launches petrol-powered XUV500
Dec 06, 2017, at 12:41 am
Mumbai, Dec 5 (IBNS): Mahindra & Mahindra Ltd. (M&M Ltd.),a leading SUV manufacturer, on Tuesday announced the introduction of a new petrol variant of its premium SUV, the XUV500.
Sonalika Tractors aims to expand in Europe and 5 global markets eyes 20% growth
Dec 06, 2017, at 12:33 am
New Delhi/Kolkata, Dec 5 (IBNS): Sonalika ITL, India’s second largest tractor brand exporter, has recorded a 17 % growth in international market in November 2017.
Indian benchmark indices close lower ahead of RBI Monetary Policy meeting on Wednesday
Dec 05, 2017, at 10:20 pm
Mumbai, Dec 5 (IBNS): The Indian market closed lower on Tuesday as investors chose remain cautious before the Reserve Bank's fifth monetary policy meeting for the financial year 2017-18 scheduled for Wednesday.
Walmart Foundation partners with Agribusiness Systems International to assist Indian farmers
Dec 05, 2017, at 09:33 pm
Hyderabad, Dec 5 (IBNS): The Walmart Foundation, on Tuesday, announced a grant of nearly US$2 million to Agribusiness Systems International (ASI) to help smallholder farmers in India diversify the markets for their produce.
Central government releases Quarterly Report on Public Debt Management for the second quarter
Dec 05, 2017, at 08:59 pm
New Delhi, Dec 5 (IBNS): During Q2 FY18, the Central government issued dated securities worth Rs. 1,89,000 crore (32.68 per cent of BE), according to the July-September 2017 (Q2 FY 18) Report on Debt Management.
Tata Motors rolls out its end of the year
Dec 05, 2017, at 12:13 am
Mumbai/Kolkata, Dec 4 (IBNS): To celebrate the end of the year, Tata Motors has launched its ‘Mega Offer Max Celebration campaign’.
Indian customers give Datsun redi-GO a thumbs-up!
Dec 05, 2017, at 12:08 am
Kolkata, Dec 4 (IBNS) Datsun redi-GO has been ranked third in the entry compact segment by J.D. Power 2017 India Initial Quality Study (IQS).
Indian benchmark indices closed flat on Monday
Dec 04, 2017, at 09:51 pm
Mumbai, Dec 4 (IBNS): The Indian market closed flat on Monday, with BSE Sensex up 36.78 points at 32,869.72 and NSE Nifty rose 6 points to 10,127.80.
Healthcare mkt. in India may see threefold increase by 2022: ASSOCHAM-RNCOS Paper
Dec 04, 2017, at 09:14 pm
New Delhi, Dec 4 (IBNS): India’s healthcare market may see threefold rise as its size in value terms is likely to reach $372 billion (bn) by 2022 from the level of $110 bn as of 2016 thereby clocking a compounded annual growth rate (CAGR) of 22 per cent, according to an ASSOCHAM-RNCOS joint paper.
Mesco planning to acquire steel plants, says CMD
Dec 04, 2017, at 01:08 am
New Delhi, Dec 3 (IBNS): Mesco Steel is planning to acquire some plants to tap into the growing opportunities in the domestic market and more than double its production capacity to 5.25 million tonnes, the company's CMD Rita Singh said.
Former US Consul General talks about regional connectivity and business cooperation in Kolkata
Dec 02, 2017, at 10:46 pm
Kolkata, Dec 2 (IBNS): The Bengal Chamber of Commerce and Industry recently organised an interactive session with Thomas Vajda, Acting Deputy, Assistant Secretary for South Asian Affairs, US Department of State, on the topic “Regional Connectivity and Trade” at the Bengal Chamber premises.
Infosys appoints Salil S. Parekh as CEO and Managing Director
Dec 02, 2017, at 10:12 pm
Bangalore, Dec 2 (IBNS): Infosys announced on Saturday that its Board of Directors has appointed Salil S. Parekh as Chief Executive Officer and Managing Director (CEO & MD) of the Company effective Jan 2, 2018.
Dec 02, 2017, at 12:15 am
Kolkata, Dec 1 (IBNS): In support of the country’s Armed Forces and their families, Ola, India’s most popular app for transportation, launched an awareness campaign to raise funds on the occasion of Armed Forces Flag Day, observed on Dec 7 every year.
Dec 01, 2017, at 11:28 pm
Mumbai, Dec 1 (IBNS): Tata Motors Limited, a leading global Automobile manufacturer, on Friday announced strong sales numbers in November 2017 continuing its turnaround trend of the past few months.
TVS Motor Company posts 12% sales growth in November 2017
Dec 01, 2017, at 11:27 pm
Kolkata / Hosur, Dec 1 (IBNS): TVS Motor Company on Friday said it has registered a sales growth of 12% increasing from 224,971 units in November 2016 to 251,965 units in the month of November 2017.
Hyundai domestic sales grew by 10%
Dec 01, 2017, at 10:18 pm
New Delhi, Dec 1 (IBNS): Hyundai Motor India Ltd. , the country’s second largest car manufacturer and the number one car exporter since inception, registered domestic sales of 44,008 units for the month of November 2017 registering a growth of 10% over November ’16.
Indian benchmark indices dip on Friday
Dec 01, 2017, at 10:13 pm
Mumbai, Dec 1 (IBNS): The Indian closed lower on Friday, with BSE Sensex down 316.41 points at 32,832.94 and NSE Nifty down 104.70 points at 10,121.80.
Maruti Suzuki sells 154,600 units in November 2017
Dec 01, 2017, at 09:41 pm
New Delhi, Dec 1 (IBNS): Automobile major Maruti Suzuki India Limited on Friday said it has sold a total of 154,600 units in November 2017, growing 14.1% over the same period of last fiscal.
Maruti Suzuki expands the Celerio family, adds bold, sporty and trendy CelerioX
Dec 01, 2017, at 09:39 pm
New Delhi, Dec 1 (IBNS): Maruti Suzuki India on Friday launched the bold, sporty and trendy CelerioX, which will excite the young, progressive and aspirational buyers.
Mahindra farm equipment sector sells 21,046 units in India during November
Dec 01, 2017, at 09:38 pm
Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES), a part of the USD 19 billion Mahindra Group, today announced its tractor sales numbers for November 2017.
Mahindra's Auto sector sells 38,570 vehicles during November 2017
Dec 01, 2017, at 09:37 pm
New Delhi, Dec 1 (IBNS): Mahindra & Mahindra Ltd. (M&M Ltd.) on Friday announced its auto sales performance for November 2017 which stood at 38,570 vehicles, compared to 32,564 vehicles during November 2016.
RIL CMD Mukesh Ambani urges foreign investors to invest in India and be part of the country's rise
Dec 01, 2017, at 09:12 pm
New Delhi, Dec 1 (IBNS): Mukesh Ambani, Chairman and Managing Director Reliance Industries Limited, while speaking at the 15th edition of the Hindustan Times Leadership Summit in New Delhi, on Friday, reminded the gathering that in 2004 he had said that India will be an USD 5 trillion economy in twenty years.
Exempt electricity duty to boost investments in metallurgical plants: ASSOCHAM plea to Odisha govt.
Dec 01, 2017, at 09:01 pm
Bhubaneswar, Dec 1 (IBNS): Apex industry body ASSOCHAM has urged the Government of Odisha for exemption of electricity duty to encourage investments in setting up metallurgical plants across the mineral-rich state.
Fix GST rates for hydropower at par with wind and solar: ASSOCHAM plea
Dec 01, 2017, at 08:59 pm
New Delhi, Dec 1 (IBNS): Apex industry body ASSOCHAM has urged the Centre to fix Goods and Services Tax (GST) rates for hydropower at par with wind and solar so that value added cost and tax are commensurate for all renewable power projects.
India's GDP grows 6.3 pct in Q2
Dec 01, 2017, at 12:12 am
New Delhi, Nov 30 (IBNS): India's GDP growth for the second quarter of the current fiscal that ended on Sept 30 moved up to 6.3 percent, government data released on Thursday said.