Indian benchmark indices end lower on first day of new year

Jan 01, 2018, at 09:37 pm

Mumbai, Jan 1 (IBNS): The Indian market had a lacklustre start to the New Year, with BSE Sensex down 244.08 points at 33812.75 and NSE Nifty down 95.20 points at 10435.50, on Monday.

Maurti Suzuki logs over 10 per cent sales in December 2017 over the same month last year

Jan 01, 2018, at 06:59 pm

New Delhi, Jan 1 (IBNS): Car manufacturer Maruti Suzuki India Limited published its December sales figures on Monday, which indicated that the company sold a total of 130,066 units in December 2017, growing 10.3% over the same period of last fiscal.

Indian benchmark indices open on a tepid note on first day of new year

Jan 01, 2018, at 06:28 pm

Mumbai, Jan 1 (IBNS): Indian benchmark indices began the New Year on a flat note, with BSE Sensex up 11.14 points at 34067.97 and Nifty down 11.40 points or 0.11% at 10519.30 when the market opened on Monday, according to reports.

India's economy slowed down in 2016-17: Arun Jaitley tells Parliament

Dec 30, 2017, at 12:25 am

New Delhi, Dec 29 (IBNS): Union Finance Minister Arun Jaitley on Friday said India's  economy slowed down in the 2016-17 session.

Government cautions people against risks in investing in virtual ‘currencies’; says VCs are like ponzi schemes

Dec 29, 2017, at 10:32 pm

New Delhi, Dec 29 (IBNS): The Ministry of Finance on Friday warned people against investigating in virtual currencies.

Indian market closes last day of 2017 on positive note

Dec 29, 2017, at 09:36 pm

Mumbai, Dec 29 (IBNS): The Indian market ended 2017 on a strong note, with BSE Sensex up 208.80 points at 34,056.83 and the NSE Nifty up 52.80 points at 10,530.70, on Friday.

Airtel rolls out new version of the Airtel TV app

Dec 29, 2017, at 07:24 pm

New Delhi, Dec 29 (IBNS): Bharti Airtel, a major telecommunications service provider  in India, has launched a new version of its Airtel TV app with a wider content bouquet and a new user interface.

Union Ministry of Finance warns people against investing in virtual currencies

Dec 29, 2017, at 07:19 pm

New Delhi, Dec 29 (IBNS): The Central government has cautioned people against risks in investing in Virtual Currencies (VCs) through an announcement by the Union Ministry of Finance on Friday.

Reliance Jio to acquire wireless infrastructure assets from Reliance Communications

Dec 29, 2017, at 04:45 am

Mumbai, Dec 28 (IBNS): Reliance Jio Infocomm Limited (“RJIL”), a subsidiary of Reliance Industries Limited (“RIL”), on Thursday announced signing of definitive agreement for the acquisition of specified assets of Reliance Communications Limited (“RCOM”) and its affiliates.

Mumbai-Kabul air-freight corridor inaugurated; first cargo flight lands at Mumbai Airport

Dec 29, 2017, at 02:44 am

Mumbai, Dec 28 (IBNS):  Mumbai’s Chhatrapati Shivaji International Airport (CSIA) on Wednesday received an aircraft carrying perishables arrived from Kabul in Afghanistan. 

Indian benchmark indices close lower on Thursday

Dec 28, 2017, at 10:29 pm

Mumbai, Dec 28 (IBNS): The Indian market closed lower on Thursday with BSE Sensex down 63.78 points at 33,848.03 and the NSE Nifty fell 12.90 points at 10,477.90.

Indian benchmark indices end lower on Wednesday

Dec 27, 2017, at 10:05 pm

Mumbai, Dec 27 (IBNS): The Indian market failed to hold on to its record intra-day high and closed lower on Wednesday, with BSE Sensex down 98.80 points at 33,911.81 and NSE Nifty down 40.70 points at 10,490.80.

Kolkata: Publication on sustainable energy marks the launch of BCC&I Knowledge Forum

Dec 27, 2017, at 09:26 pm

Kolkata, Dec 27 (IBNS): The Bengal Chamber of Commerce and Industries (BCC&I), on Wednesday, launched the 'BCC&I Knowledge Forum: Bridging the Industry and Academia' and unveiled a special publication, ‘‘Sustainable Energy Technology  and Policies- A Transformational Journey”.

Centre signs $318 million loan agreement with World Bank to support climate resilient agriculture in TN

Dec 27, 2017, at 01:02 am

New Delhi, Dec 26 (IBNS): The Government of India, the Government of Tamil Nadu and the World Bank on Tuesday signed a $318 million loan agreement for the Tamil Nadu Irrigated Agriculture Modernization Project to promote climate resilient agriculture technologies, improve water management practices, and increase market opportunities for small and marginal farmers. 

GST collections fall to Rs 80,808 cr

Dec 27, 2017, at 12:48 am

New Delhi, Dec 26 (IBNS): The Indian government on Tuesday said the total revenue collection under Goods and Services Tax (GST)  for the month of December stood at  Rs 80,808 crore.

Videocon launches EyeconiQ Engine Smart series televisions in India

Dec 26, 2017, at 10:47 pm

Mumbai, Dec 26 (IBNS): Videocon, the leading indigenous player in the consumer durables segment, has launched an exciting range of EyeconiQ Engine Smart televisions that will fit seamlessly into customers’ pleasure-viewing and gaming requirements.

Vodafone India to launch VoLTE in January

Dec 26, 2017, at 10:37 pm

New Delhi, Dec 26 (IBNS): Vodafone, one of India’s largest telecommunication services provider, confirmed the roll-out of its VoLTE services beginning January 2018.

Indian market closes higher on Tuesday

Dec 26, 2017, at 10:28 pm

Mumbai, Dec 26 (IBNS): The Indian market closed higher on Tuesday despite a lack lustre show for the greater part of the day, according to media reports.

L&T Construction wins orders valued Rs. 3355 Crore

Dec 26, 2017, at 09:35 pm

Mumbai, Dec 26 (IBNS): The Buildings & Factories Business of L&T Construction has bagged orders worth Rs. 3355 crore.

Economy may reach 7% growth in 2018; tilt towards farm sector in new year: ASSOCHAM Outlook

Dec 25, 2017, at 11:28 pm

New Delhi, Dec 25 (IBNS): After ”disruptions" like lingering demonetisation effect and GST roll-out, the IndiaDn economy may reach a 7 per cent growth in 2018 with government policies tilting towards the stress-ridden rural landscape in the penultimate year before the Lok Sabha elections, the ASSOCHAM Year-Ahead Outlook (AYAO) pointed out.   

Reliance Industries Limited was the vision of my father Dhirubhai Ambani: Mukesh Ambani

Dec 24, 2017, at 04:38 am

Mumbai, Dec 23 (IBNS): Celebrating 40 years of Reliance Industries Limited, Chairman Mukesh Ambani on Saturday said the company was the vision of his father late industrialist Dhirubhai Ambani.

DEN Networks tops as most attractive Cable TV brand: TRA Research

Dec 23, 2017, at 12:10 am

Kolkata, Dec 22 (IBNS): DEN Networks Ltd, one of the largest cable MSOs in India, is the top cable brand according to the "Most Attractive Brands 2017" report by TRA Research a brands insight company.

FIEO holds its Exports Excellence Award in Kolkata

Dec 22, 2017, at 10:32 pm

Kolkata, Dec 22 (IBNS): Federation of Indian Exports Organisation held its Eastern Region Exports Excellence Award ceremony recently in the city. West Bengal's Minister of Finance,Industry,Commerce & Enterprises, Amit Mitra, was the chief guest.

Indian market closes on record high on Friday

Dec 22, 2017, at 09:58 pm

Mumbai, Dec 22 (IBNS): The Indian market ended Friday on a record closing high, with BSE Sensex up 184.02 points at 33,940.30 and NSE Nifty up 52.70 points to 10,493.

Reliance to sell Mumbai Power business to Adani Transmission Limited

Dec 21, 2017, at 10:25 pm

Mumbai, Dec 21 (IBNS): Reliance Infrastructure Ltd. (RInfra), on Thursday, announced signing of Definitive Binding Agreement with Adani Transmission Limited (ATL) for 100% stake sale of its Mumbai Power Business which includes integrated business of generation, transmission and distribution of power for Mumbai.

Indian benchmark indices end flat on Thursday

Dec 21, 2017, at 10:03 pm

Mumbai, Dec 21 (IBNS): The Indian market ended flat on Thursday, with BSE Sensex down 21.10 points at 33,756.28 and NSE Nifty down 3.90 points at 10,440.30.

Need to balance investor protection and punitive action to promote ‘ease of doing business’: SEBI Chairman

Dec 21, 2017, at 03:15 pm

Mumbai, Dec 21 (IBNS): Financial Markets Regulator SEBI (Securities and Exchange Board of India) is not looking at taking up too many cases for punitive action – rather, it aims at taking action only in such cases where strong action is merited.

Economic Advisory Council to the Prime Minister holds its third meeting

Dec 21, 2017, at 04:46 am

New Delhi, Dec 20 (IBNS): The Economic Advisory Council to the Prime Minister (EAC-PM) held its  3rd meeting on Wednesday under the chairmanship of Dr Bibek Debroy, Chairman, EAC-PM & Member, NITI Aayog.

Hyundai commences Customer Centric – 25th Free Car Care Clinic

Dec 21, 2017, at 01:38 am

New Delhi, Dec 20 (IBNS): Hyundai Motor India Ltd. (HMIL), the country’s second largest car manufacturer and the number one car exporter since inception, keeping up its commitment to provide the best of services to customers, today announced the 25th Edition of the nationwide ‘Free Car Care Clinic'.

First consignment of SAIL-TMT rebars for Indo-Bangla Maitree project flagged off

Dec 20, 2017, at 11:12 pm

Kolkata, Dec 20 (IBNS): The Central Marketing Organisation (CMO) of Steel Authority of India Ltd (SAIL) this morning flagged off the first consignment of 1,000 tonnes of SAIL-TMT High Corrosion-Resistant (HCR) reinforcement bars for the prestigious Indo-Bangla ‘Maitree Super Thermal Power Project’ from Kolkata Port in a barge.