Global markets lose two trillion dollars as Britain breaks away from EU
Jun 25, 2016, at 05:28 pm
New Delhi, June 25 (IBNS) The UK's decision to break away from the European Union and Prime Minister David Cameron relinquishing his post has played havoc in world markets wiping out over two trillion dollars of value in one of the most scary trading sessions in the last decade, The Guardian reports.
Indian markets turn jittery following Brexit
Jun 25, 2016, at 04:56 am
Mumbai, Jun 24 (IBNS): The Indian market on Friday responded negatively to UK's decision to leave the European Union, with Sensex down 604.51 points to 26,397.71 and Nifty down 181.85 points to 8,088.60.
METRO Cash & Carry opens 5th wholesale outlet in Bengaluru
Jun 25, 2016, at 02:50 am
Bengaluru, June 24 (IBNS): 13 years after its entry into the Indian market as the country’s pioneering cash-&-carry wholesaler, German multinational METRO Cash & Carry opened its fifth outlet in Bengaluru at ITPL Main Road, Whitefield on June 23.
Jet Airways conferred 'International Cargo Airline of the Year' award
Jun 25, 2016, at 12:21 am
Mumbai, June 24 (IBNS): Jet Airways, India’s premier international airline, has been adjudged the ‘International Cargo Airline of the Year’ at the fourth GMR – IGI Airport Awards 2016 held in New Delhi to recognise airline’s excellence in cargo sales.
Ola Shuttle to provide free rides for ‘Delhi Summer Festival 2016’
Jun 24, 2016, at 09:28 pm
New Delhi, June 24 (IBNS): Ola, India’s most popular mobile app for transportation, today announced that ‘Ola Shuttle has been appointed as the official travel partner for the Delhi Summer Festival’, an annual event celebrating Food, Comedy and Music organised by Delhi Tourism and Transportation Development Corporation.
Tea e-auction rolled out successfully all over India
Jun 24, 2016, at 09:26 pm
Kolkata, June 24 (IBNS): The Pan India e-auction of Tea has been rolled out successfully by Tea Board in all the auction centres except Coimbatore on June 23.
Infosys drives environment sustainability efforts at Bangalore Campus
Jun 24, 2016, at 09:05 pm
Bangalore, June 24 (IBNS): Infosys, in its recently launched Sustainability Report, stated the company launched a new biogas plant at its Bangalore campus, to treat food waste onsite and use the biogas generated from the plant, for cooking in the food courts.
Etihad partners help launch Air Serbia's firsrt transatlantic route
Jun 24, 2016, at 08:57 pm
Belgrade, ,June 24 (IBNS) Etihad Airways’ equity partner Air Serbia on Friday launched flights to the United States, a milestone achieved with the support of, and in collaboration with, several of Etihad Airways equity partner airlines.
Brexit: Cameron announces he will step down by Oct
Jun 24, 2016, at 06:38 pm
London, June 24 (IBNS): Wilting under the setback of Brexit as people voted to leave the EU, British Prime Minister David Cameron, who had campaigned hard urging voters to remain with the union, said he is stepping down in the course of time making way for a new leadership.
Brexit: RBI governor Rajan says India will overcome the impact
Jun 24, 2016, at 06:15 pm
Basil, Switzerland, June 24 (IBNS): Reserve Bank of India (RBI) Governor Raghuram G Rajan on Friday said India will survive the impact of Brexit or Britain exiting from the European Union owing to its strong fundamentals and sizeable foreign reserves.
Nigel Farage sees Brexit as 'Independence Day' for Britain
Jun 24, 2016, at 05:46 pm
London, Jun 24 (IBNS): Moments after Britons voted for Brexit, marking a historic divorce from the European Union, United Kingdom Independent Party leader Nigel Farage celebrated the separation by terming it as the Independence Day for Britain, reports said.
Brexit anxiety prevails over Asian markets, remain bearish
Jun 24, 2016, at 05:09 pm
London/Mumbai, June 24 (IBNS): True to the prediction of a financial market shock that the Brexit will cause, stock markets across the globe remained bearish after Britons voted for the leave EU motion.
4 Top Reasons to Purchase Travel Insurance for Family Trips
Jun 24, 2016, at 02:58 am
HDFC Bank among top 100 Most Valuable Global brands
Jun 24, 2016, at 12:44 am
Mumbai, June 23 (IBNS): HDFC Bank Ltd., has been featured in 2016 BrandZTM Top 100 Most Valuable Global Brands ranking released recently by WPP and Millward Brown.
JSW Ventures receives SEBI approval to begin investing
Jun 24, 2016, at 12:39 am
Mumbai, Jun 23 (IBNS): JSW Ventures, the venture capital arm of the JSW Group, has received the mandatory clearances from markets regulator Securities and Exchange Board of India (SEBI), paving the way for it to begin investing.
Microsoft Accelerator joins hands with TCS COINâ„¢ at Think Next 2016
Jun 23, 2016, at 10:28 pm
Bengaluru/Kolkata, June 23 (IBNS) : Microsoft Accelerator in India and TCS Co-Innovation Network (COINâ„¢) have announced a joint initiative to create a platform that provides a boost to the Indian startup ecosystem.
Textile: Cabinet approves special package for employment generation
Jun 23, 2016, at 03:45 am
New Delhi, June 22 (IBNS) The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi on Wednesday given approval for a special package for employment generation and promotion of exports in Textile and Apparel sector.
Aadhar Housing Finance expects over 70% growth from West Bengal
Jun 23, 2016, at 02:55 am
Kolkata, Jun 22 (IBNS): Aadhar Housing Finance Limited (Aadhar) established by DHFL and International Finance Corporation, a member of the World Bank on Wednesday announced that it is expecting over 70% surge in home loan disbursements year-on-year in the state with the implementation of the Housing for All by 2022 and Smart City projects.
Cabinet approves rehabilitation of four lane of Mahatma Gandhi Setu on Ganga River at Patna in Bihar
Jun 23, 2016, at 01:09 am
New Delhi, June 22 (IBNS) The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, on Wednesday approved the project namely rehabilitation of four lane 5.575 km long Mahatma Gandhi Setu at NH-19 on Ganga River at Patna in Bihar.
Cabinet approves four laning of Hubli-Hospet Section of NH-63 in Karnataka
Jun 23, 2016, at 01:04 am
New Delhi, June 22 (IBNS) The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved the development of four laning of Hubli-Hospet Section of NH-63 in Karnataka.
Idea launches ‘Internet For All’ initiative
Jun 22, 2016, at 11:12 pm
New Delhi, June 22 (IBNS): Aiming to connect millions of internet non-users and bring them online, Idea Cellular; the fastest growing telecom operator, has announced an “Internet For All†program.
YES BANK launches Yes Transact
Jun 22, 2016, at 10:48 pm
Mumbai, June 22 (IBNS): YES BANK, India’s fifth largest private sector bank, launched YES TRANSACT - ON THE GO, a unique Digital Working Capital Management solution that will enable decision makers to view and approve transaction requests even when they are travelling or are out of office.
Brexit heat singes Indian markets
Jun 22, 2016, at 10:38 pm
Mumbai, Jun 22 (IBNS): The Indian market ended lower on Wednesday largely due to selling pressure in FMCG and auto stocks and concerns about UK's referendum on June 23, according to media reports.
Etihad Airways wins top honours at Adam Smith Awards
Jun 22, 2016, at 10:34 pm
Abu Dhabi, UAE, June 22 (IBNS) Following a string of recent awards for its funding activities and treasury practice, Etihad Airways swept top honours at the Treasury Today Adam Smith Awards in London.
Siemens Ltd. wins Rs. 83 crore order from Diesel Locomotive Works
Jun 22, 2016, at 08:19 pm
Kolkata, Jun 22 (IBNS): Siemens Ltd. announced on Wednesday that it has won an order worth approximately Rs. 83 crore from Indian Railways’ Diesel Locomotive Works (DLW), Varanasi, to design, supply and install 40 Alternating Current (AC) Traction Systems for dual-cab high horsepower diesel engine locomotives.
EEPC India aims to boost bilateral trade with Russia
Jun 22, 2016, at 07:51 pm
New Delhi, Jun 22 (IBNS): EEPC India, a premier trade and investment promotion organisation and India Brand Equity Foundation (IBEF) will jointly represent the country at the flagship Russian engineering and technology event, INNOPROM, to be held in Ekaterinburg (in the Sverdlovsk region located at the strategic Euroasian border) between July 11 and 14, 2016.
PayPal appoints Anupam Pahuja as India Managing Director & Country Manager
Jun 22, 2016, at 06:19 pm
Mumbai, Jun 22 (IBNS): PayPal has recently appointed Anupam Pahuja as the new Managing Director and Country Manager for India.
ISRO: PSLV C34 injects 20 satellites into orbit, creates record
Jun 22, 2016, at 04:52 pm
Sriharikota, Jun 22 (IBNS): The Indian Space Research Organisation (ISRO) on Wednesday created a record with the injection of 20 satellites, including 17 foreign satellites, into the orbit by using PSLV C34.
Visa payWave leads to drive contactless payments in India
Jun 22, 2016, at 02:15 am
Kolkata, June 21 (IBNS): Visa crosses a major milestone in India with over one million Visa payWave contactless cards issued in the market and acceptance at more than 100,000 merchant locations across the country.
NSE to offer Electronic Book Mechanism for issuance of debt securities on private placement basis
Jun 22, 2016, at 02:10 am
Mumbai,June 21 (IBNS): India's Capital Market regulator The Securities and Exchange Board of India (SEBI) has allowed India's leading stock exchange, the National Stock Exchange of India Limited (NSE) to act as an Electronic Book Provider to facilitate electronic book mechanism for issuance of debt securities on private placement basis.