Informal trade or smuggling rampant in India-Pak trade: ASSOCHAM Paper
Oct 03, 2016, at 11:19 pm
New Delhi, Oct 3 (IBNS): Informal trade or putting it bluntly, smuggling of goods, between India and Pakistan is estimated at over USD five billion, almost double the official two-way commerce between the two neighbours with history of chequered ties, an ASSOCHAM study has pointed out.
Vodafone launches SuperNet 4G in Rajkot, Morbi
Oct 03, 2016, at 11:04 pm
Rajkot, Oct 3 (IBNS): Vodafone India, one of India’s leading telecommunication services providers, on Monday announced the launch of its Vodafone SuperNet 4G service in Rajkot and Morbi, amongst the fastest developing cities of Gujarat. The launch in Rajkot & Morbi follows the successful launch of Vodafone SuperNetTM 4G services in Surat, Gandhidham and Bhuj recently. Vodafone 4G services will be rolled out across more locations Gujarat over the next few months.
Mitsubishi Electric extends its agreement with The NorthCap University for student training
Oct 03, 2016, at 10:21 pm
New Delhi, Oct 3 (IBNS): It was a day of honour for The NorthCap University, Gurgaon, a premier university in Delhi-NCR region, when it signed an MoU to extend its agreement with Mitsubishi Electric India Private Limited to provide Mitsubishi Electric FA training equipment for demonstration, learning and training of students and faculty at NCU.
Cinepolis opens 5-screen multiplex at The Grand Venice Mall in Greater Noida
Oct 03, 2016, at 09:47 pm
New Delhi, Oct 3 (IBNS): Cinépolis, India’s 1st international and world’s 4th largest movie theatre chain, has opened its 5-screen multiplex at The Grand Venice Mall in Greater Noida on Monday.
Hyundai Motor India September cumulative sales up by 4.7 %
Oct 03, 2016, at 09:31 pm
New Delhi, Oct 3 (IBNS): Hyundai Motor India Ltd, car manufacturer and passenger car exporter, on Monday said it has registered the domestic sales of 42,605 units and exports of 16,606 with cumulative sales of 59,211 units for the month of September 2016.
Over 2 million users logged into Snapdeal during the first hour of sale
Oct 03, 2016, at 03:40 am
New Delhi, Oct 21 (IBNS): More than 2 million users logged into Snapdeal during the first hour of sale to quickly lock into the plethora of great deals on offer, the online market place said on Sunday.
Flipkart's Big Billion Days sale kick starts today
Oct 02, 2016, at 08:30 pm
Bengaluru, Oct 2 (IBNS: Kick-starting day one of 'The Big Billion Days', Flipkart on Sunday announced that it sold over half a million products within one hour on Day 1 of the sale.
Maruti Suzuki registers 31 pct growth in September passenger vehicle sales
Oct 02, 2016, at 01:35 am
New Delhi, Oct 1 (IBNS): Passenger vehicles manufacturer Maruti Suzuki India Limited on Saturday said it sold a total of 149,143 units in September 2016, growing 31.1% over the same period of last fiscal.
SBI extends chairperson Arundhati Bhattacharya's term by one year
Oct 02, 2016, at 01:23 am
Mumbai, Oct 1 (IBNS): State Bank of India has extended its chairperson Arundhati Bhattacharya's term by one year, media reports said.
Tata Motors records sales growth of 8% in September 2016
Oct 02, 2016, at 01:02 am
Mumbai, Oct 1 (IBNS): Tata Motors on Saturday said passenger and commercial vehicle sales (including exports) in September 2016 were at 48,648 vehicles, a growth of 8%, over 45,215 vehicles sold in September 2015.
CII launches 'Phenk Mat Mumbai'
Oct 02, 2016, at 12:22 am
Mumbai, Oct 1 (IBNS): Confederation of Indian Industry (CII) along with Club Mahindra launched a special campaign, 'Phenk Mat Mumbai' with a vision to make umbai litter free and clean.
Toyota Kirloskar Motor Registers 6% Growth in Domestic Sales September 2016
Oct 01, 2016, at 11:43 pm
Bangalore, Oct 1 (IBNS): In the month of September 2016, Toyota Kirloskar Motor on Saturday said it sold a total of 12,067 units in the domestic market thereby registering a 6% growth when compared to the same period last year. In addition, the company exported 1100 units of the Etios series.
Black money worth Rs. 65,250 crore disclosed under Income Declaration Scheme : Arun Jaitley
Oct 01, 2016, at 09:55 pm
New Delhi, Oct 1 (IBNS) : The Income Declaration Scheme of the Centre has so far yielded disclosure of Rs 65,250 crore untaxed money, Union Finance Minister Arun Jaitley said on Saturday.
Rs 65,250 crore declared: Jaitley
Oct 01, 2016, at 09:36 pm
New Delhi, Oct 1 (IBNS): Indian Finance Minister Arun Jaitley on Saturday said under the centre's Income Declaration Scheme Rs. 65,250 crore, in black or untaxed money, has been disclosed so far.
Metro unveils festive offers across India
Oct 01, 2016, at 04:26 am
Bengaluru, Sept 30 (IBNS): The festive season begins with a bang for business customers across India, as Metro Wholesale introduced a slew of festive Navratri, Dussehra and Puja offers.
Etihad Airways flies flag of excellence at World Travel Awards
Oct 01, 2016, at 04:13 am
Dubai, Sept 30 (IBNS): Airlines major Etihad Airways has been named The Middle East’s Leading Airline at the World Travel Awards Middle East, representing a decade of dominance in the category, and one of four accoladescollected during a ceremony at The St. Regis Dubai.
Oct 01, 2016, at 04:03 am
Mumbai, Sept 30 (IBNS): SAIL on Friday said it's Bhilai Steel Plant has once again stood up to meet the defence requirements of the nation by accepting and accomplishing the challenge of development and supply of special grade structural steel channels for construction of Bailey Bridges for movement of Border Security Force personnel and materials in sub-zero climatic conditions and difficult terrains at high altitude in the Leh area of Jammu & Kashmir.
IvyCamp, Zhucloud partner to promote investment from Chinese investors into Indian Startup Ecosystem
Oct 01, 2016, at 02:22 am
Beijing/Mumbai, Sept 30 (IBNS): IvyCamp an initiative of IvyCap Ventures and Zhucloud, an initiative of Incapital have announced their partnership to provide Chinese investors access to Indian startups.
JetPrivilege donates 5 million JPMiles to NGOs
Oct 01, 2016, at 01:17 am
Mumbai, Sept 30 (IBNS): JetPrivilege, the loyalty and rewards management and frequent flyer programme of Jet Airways,on Friday made a monetary donation equivalent of five million JPMiles, to Non-Governmental Organisations (NGOs)-Nanhi Kali and Save The Children India, in support of child development and education.
Kotak Mahindra Bank acquires BSS Microfinance
Oct 01, 2016, at 12:24 am
Mumbai, Sept 30 (IBNS): Kotak Mahindra Bank Limited (Kotak), on Friday announced that it has executed binding share purchase agreement to acquire 99.49% of equity shares of BSS Microfinance Private Limited (BSS), a Non-Banking Finance Company, classified as a NBFC-MFI, from existing shareholders subject to regulatory and other approvals, including Reserve Bank of India.
India's infrastructure output moves up 3.2 pct in August
Sep 30, 2016, at 11:58 pm
New Delhi, Sept 30 (IBNS): The annual infrastructure output of India moved up by 3.2 percent in August, official data released on Friday revealed.
Government is working on a target date of Apr 1 for the roll out of GST: Arun Jaitley
Sep 30, 2016, at 10:49 pm
New Delhi, Sept 30 (IBNS): Union Finance Minister Arun Jaitley said that the Government is working on a target date of Apr 1, 2017 for the roll out of the Goods and Services Tax (GST) in the country.
Indian benchmark indices see marginal rise as market remains cautious on Friday
Sep 30, 2016, at 09:36 pm
Mumbai, Sep 30 (IBNS): Although the Indian market ended Friday in positive territory, the Nifty saw its biggest decline in four weeks and managing to stay above 8600, according to media reports.
LG announces offers for festive season
Sep 30, 2016, at 09:10 pm
Kolkata, Sept 30 (IBNS): In its commitment to boost festive mood for consumers, LGElectronics India is offering a bunch of compelling offers this festival season for its consumers.
Mahindra Lifespaces among Asia's top 100 most sustainable companies
Sep 30, 2016, at 04:37 am
Mumbai, Sept 29 (IBNS): Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been recognised as one of the 100 most sustainable corporations across Asia in the 2016 edition of the Channel NewsAsia Sustainability Ranking.
Pidilite Industries, WD-40 Company enter tie-up for multi-purpose spray in India
Sep 30, 2016, at 04:31 am
Mumbai, Sept 29 (IBNS): Adhesives and industrial chemicals manufacturer Pidilite on Thursday announced its sales and distribution tie-up with WD-40 Company, a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world.
Edelweiss Tokio Life Insurance launches online protection plan
Sep 30, 2016, at 04:22 am
Mumbai, Sept 29 (IBNS): Edelweiss Tokio Life Insurance Company Limited, the life insurance arm of Edelweiss Financial Services Ltd., launched 'Edelweiss Tokio Life- TotalSecure+', an online plan that provides complete life protection in the form of a life cover, as well as an option to cover against critical illnesses.
Sep 30, 2016, at 04:17 am
Kolkata, Sept 29 (IBNS): Ujjivan Financial Services Limited, a pan-India microfinance institution, which is in process of transforming into a small finance bank, on Thursday announced a significant interest rate reduction of 75 bps (0.75 per cent) with effect from Oct 1.
Indian markets take a plunge on Thursday
Sep 29, 2016, at 10:16 pm
Mumbai, Sep 29 (IBNS): The Indian markets went into a downward spiral on Thursday following the news of India's 'surgical attack' into the Line of Control along the India Pakistan border, according to media reports.
Third India-Canada annual ministerial dialogue
Sep 29, 2016, at 09:26 pm
New Delhi/Toronto, Sep 29 (IBNS): A high level delegation led by Commerce and Industry Minister Nirmala Sitharaman is in Toronto, Canada to attend the third annual ministerial dialogue on Thursday.