Swipe launches KONNECT Power at Rs. 4,999

Aug 04, 2017, at 09:02 pm

Pune, Aug 4 (IBNS): Swipe Technologies, India’s leading mobile internet technology company, is all set to unveil brand new member in its popular KONNECT Series - Swipe KONNECT Power.

The Honor Band 3, an activity tracker, could be an useful gift for all occasions

Aug 04, 2017, at 08:58 pm

Kolkata, Aug 4 (IBNS): If you are one of those who abhor mindless gifting, the recently launched Honor Band 3, an activity tracker, may be your answer for an useful gift this Rakshabandhan.

ICICI Bank organises 41 coin exchange melas in Madurai and nearby towns

Aug 04, 2017, at 08:52 pm

Madurai, Aug 4 (IBNS): ICICI Bank a private sector bank, organised 41 coin exchange melas in the first quarter of this fiscal (April - June 2017) at its branches at Madurai as well as neighbouring towns.

Bajaj Electricals sales up 7.3% at Rs. 1029.41 cr

Aug 04, 2017, at 05:01 am

Mumbai, Aug 3 (IBNS): Bajaj Electricals Ltd. on Thursday announced its Q1FY18 results for the first quarter ended 30th June, 2017. Mumbai, Aug 3 (IBNS): Bajaj Electricals Ltd. on Thursday announced its Q1FY18 results for the first quarter ended 30th June, 2017.

Aug 04, 2017, at 03:44 am

Mumbai, Aug 3 (IBNS): Yes Bank, a private sector bank, has partnered with Eureka Mobile to launch ‘Tap to Shop’, a shopping experience on YES PAY digital wallet.

Infosys to acquire Brilliant Basics

Aug 04, 2017, at 02:23 am

London, Aug 3 (IBNS): Infosys, a global leader in consulting, technology and next-generation services, on Thursday announced a definitive agreement to acquire Brilliant Basics, a London-based product design and customer experience (CX) innovator.

Indian benchmark indices close lower on Thursday

Aug 03, 2017, at 10:27 pm

Mumbai, Aug 3 (IBNS): The Indian market closed lower on Thursday, with BSE Sensex down 238.86 points at 32,237.88 and NSE Nifty down 67.85 points at 10,013.65.

EEPC India signs up with Messe Munich for flagship 'bauma 2019' event

Aug 03, 2017, at 06:01 pm

New Delhi, Aug 3 (IBNS): EEPC India has signed a memorandum of understanding (MoU) with Messe Munich for enabling India's participation in the popular 'bauma 2019 ' exposition for construction and mining goods.

Kotak Life Insurance launches its digital campaign #LaterMaybeLate

Aug 03, 2017, at 01:19 am

Kolkata, Aug 2 (IBNS): Kotak Life Insurance Wednesday unveiled its new digital campaign #LaterMayBeLate.

Indian benchmark indices end lower on Wednesday

Aug 02, 2017, at 10:25 pm

Mumbai, Aug 2 (IBNS): The Indian market ended lower on Wednesday, the day the Reserve Bank of India (RBI's) Monetary Policy Committee (MPC) held its third Bi-Monthly Meeting in Mumbai.

Excerpts from Third Bi-monthly Monetary Policy Statement, 2017-18 Resolution of RBI MPC

Aug 02, 2017, at 10:08 pm

Mumbai, Aug 2 (IBNS): The Third Bi-monthly Monetary Policy Statement, 2017-18 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India was published after the MPC held its third review meeting on Wednesday in Mumbai.

Central govt welcomes repo rate cut by MPC says DEA Secretary Subhash Chandra Garg

Aug 02, 2017, at 09:52 pm

New Delhi, Aug 2 (IBNS): The Central government has welcomed the 25 basis points cut in the repo rate announced on Wednesday by the Monetary Policy Committee (MPC), said Secretary, Department of Economic Affairs (DEA), Subhash Chandra Garg.

Hyundai super performer brands cross 1.3 million milestone mark

Aug 02, 2017, at 09:51 pm

New Delhi, Aug 2 (IBNS): Hyundai Motor India Limited (HMIL), the country’s second-largest car manufacturer and leading exporter, on Wednesday said it has achieved yet another milestone for its most awarded and admired brands crossing 1.3 Million Sales Volume.

Devendra Chawla to join Walmart India as EVP & Chief Operating Officer

Aug 02, 2017, at 09:47 pm

Kolkata, Aug 2 (IBNS): Walmart India, wholly owned subsidiary of Walmart Stores Inc., on Wednesday said it has appointed Devendra Chawla as EVP & Chief Operating Officer.

Panasonic plans Rs. 225 crore business during Onam in FY17

Aug 02, 2017, at 09:16 pm

Kolkata, Aug 2 (IBNS): Focusing on the varied demand in Kerala during festive season of Onam, Panasonic India Pvt. Ltd on Wednesday announced its business plans in the market.

L&T to build Light Rail System in Mauritius

Aug 02, 2017, at 09:10 pm

Mumbai, Aug 2 (IBNS): Larsen & Toubro on Wednesday announced the bagging of a Rs. 3,375-crore major breakthrough order from Metro Express Limited which is owned by the Government of Mauritius to design and build an Integrated Light Rail-based Urban Transit System in the African island nation.

RBI Monetary Policy Committee cuts repo rate by 25 basis points to six per cent

Aug 02, 2017, at 08:50 pm

Mumbai, Aug 2 (IBNS): The Reserve Bank of India (RBI) Monetary Policy Committee cut the repo rate by 25 basis points to six per cent on Wednesday at its third bimonthly policy review, according to media reports.

Tata Steel completes sale of its Hartlepool SAW pipe mills

Aug 02, 2017, at 03:02 am

Mumbai/ Kolkata, Aug 1 (IBNS): Tata Steel UK on Tuesday announced it has completed the sale of its 42- and 84-inch pipe mills in Hartlepool to Liberty House Group.

Samsung Pay now becomes available for SBI Debit Cards

Aug 02, 2017, at 02:49 am

Mumbai, Aug 1 (IBNS): State Bank of India and Samsung India on Tuesday announced the availability of Samsung Pay for higher variants of SBI Debit Card.

Tata Power awarded for excellence in cost management

Aug 02, 2017, at 01:12 am

Mumbai/ Kolkata, Aug 1 (IBNS): Tata Power, an integrated power company, on Tuesday announced that the company has been awarded for excellence in cost management in the ‘power distribution and transmission’ category at the 14th National Awards for Excellence in Cost Management 2016.

A. J. Kurian takes charge of CVO, SAIL

Aug 02, 2017, at 12:39 am

New Delhi, Aug 1 (IBNS): A.J. Kurian, joined as Chief Vigilance Officer of Steel Authority of India Ltd. (SAIL) on Tuesday, officials said.

Tata Steel completes the sale of its Hartlepool SAW pipe mills

Aug 01, 2017, at 11:20 pm

Mumbai/ Kolkata, Aug 1 (IBNS): Tata Steel UK on Tuesday announced it has completed the sale of its 42- and 84-inch pipe mills in Hartlepool to Liberty House Group.

Hero MotoCorp Ltd sells 623,269 units in July

Aug 01, 2017, at 11:09 pm

New Delhi, Aug 1 (IBNS): Carrying forward the momentum of its highest-ever quarterly sales in the first three months (April-June) of FY ‘18, Hero MotoCorp Ltd on Tuesday said it commenced the second quarter of the fiscal with a robust six-lakh plus sales for the month of July, despite sluggish sales for the first few days of the month due to the transition to GST.

Indian market closes strong on Tuesday, RBI Monetary Policy Committee to meet on Wednesday

Aug 01, 2017, at 10:45 pm

Mumbai, Aug 1 (IBNS): The Indian market closed strong on Tuesday with the BSE Sensex up 60.23 points at 32,575.17 and the NSE Nifty up 37.55 points to end at a record 10,114.65.

Volvo Cars forays into Uttar Pradesh with a new dealership – Speed Volvo

Aug 01, 2017, at 10:40 pm

Lucknow, Aug 1 (IBNS): Staying true to its commitment towards the India market, Volvo Cars, the Swedish luxury car company, has opened a new dealership, Speed Volvo, in Lucknow on Tuesday.

TVS Motor Company posts 9% sales growth in July 2017

Aug 01, 2017, at 10:29 pm

Hosur, Aug 1 (IBNS): TVS Motor Company on Tuesday said it has registered a sales growth of 9% increasing from 248,002 units in July 2016 to 271,171 units registered in the month of July 2017.

Firms must step up focus, spending on strengthening IT systems to thwart cyber attacks: Study

Aug 01, 2017, at 09:55 pm

New Delhi, Aug 1 (IBNS): The focus and spending on information technology (IT) systems by business organisations in India needs to be complemented with similar efforts in operational technology (OT) and consumer technology (CT) systems to combat myriad cyber attacks, suggested a recent ASSOCHAM-PwC study.

BlackBerry launches KEYone smartphone in India

Aug 01, 2017, at 09:54 pm

New Delhi, Aug 1 (IBNS): Canadian mobile phone maker BlackBerry on Tuesday launched its 'KEYone' Limited Edition Black smartphone handsets in India.

Niti Ayog Vice Chairman Arvind Panagariya resigns

Aug 01, 2017, at 09:34 pm

New Delhi, Aug 1 (IBNS) : Arvind Panagariya, the first vice-chairman of Niti Aayog announced his resignation from office on Tuesday, media reports said.

Mahindra’s Auto Sector sells 41,747 vehicles during July 2017

Aug 01, 2017, at 09:01 pm

Mumbai, Aug 1 (IBNS): Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, on Tuesday announced its auto sales performance for July 2017 which stood at 41,747 vehicles, compared to 39,458 vehicles during July 2016, representing a growth of 6%.