Supreme Court strikes down TRAI's call-drop mandate
May 11, 2016, at 11:16 pm
New Delhi, May 11 (IBNS) The Supreme Court on Wednesday ruled in favour of telecom companies (telcos) and struck down the Telecom Regulatory Authority of India's (TRAI's) regulation which mandated that telcos have to compensate subscribers for 'call drops', according to media reports.
Symphony Ltd launches world’s first air cooler range with multi-stage air purification system
May 11, 2016, at 11:01 pm
New Delhi, May 11 (IBNS): Leader in the air cooler market, Symphony Ltd on Wednesday said it has launched world’s first air cooler range with multi-stage air purification system that comes with a set of filters that work together to keep the air and water pollutants away and deliver cool and pure air.
Sony launches G Master Brand of professional full-frame lenses
May 11, 2016, at 10:46 pm
Mumbai, May 11 (IBNS) Sony India, a leader in digital imaging solutions, on Wednesday introduced the new G Master brand of interchangeable lens.
Bharat Vasani conferred with the Harvard Law School’s Professional Excellence Award
May 11, 2016, at 09:58 pm
Mumbai /Kolkata, May 11 (IBNS): In yet another international accolade for the Tata group, Bharat Vasani, Chief, Legal & Group General Counsel, Tata Sons has been conferred with the Harvard Law School’s Center on the Legal Profession’s (CLP) Award for Professional Excellence.
DCM Shriram Ltd posts net profit of Rs 51 crore in its March quarter
May 11, 2016, at 09:45 pm
New Delhi, May 11 (IBNS) Leading business conglomerate, DCM Shriram Ltd, which announced its fourth quarter (Q4) and fiscal year 2016 (FY16) financial results on Monday, said that Q4 net revenue increased by 1.8% over the same quarter a year ago to Rs 1,333 crores primarily due to higher volumes in bulk fertilizers, and FY 16 revenue was stable at Rs. 5,841 crores.
Kolkata: Titan Eyeplus launches satellite lens manufacturing facility in Madhyamgram
May 11, 2016, at 09:27 pm
Kolkata, May 11 (IBNS): Titan Eyeplus, India’s leading eyewear retail chain, on Wednesday announced the launch of a new state-of-the-art lens manufacturing facility at Madhyamgram near Kolkata.
Jet Airways to increase capacity on Mumbai-Singapore route
May 11, 2016, at 09:05 pm
Mumbai, May 11 (IBNS): Jet Airways, India’s premier international airline, will upgrade its daily flights between Mumbai and Singapore by deploying its state-of-the-art Airbus A330-200 aircraft, effective June 1.
AskmeBazaar announces the launch of Automobile Category, offers online booking of 2- wheelers
May 11, 2016, at 07:05 pm
Noida, May 11 (IBNS) AskmeBazaar.com on Wednesday announced the launch of the automobile category on its portal.
WhatsApp rolls out new desktop app
May 11, 2016, at 06:22 pm
Mountain View, May 11 (IBNS) Internet messaging app, WhatsApp on Tuesday rolled out its new desktop app.
TN tops with 32% decadal growth in investments attracted by irrigation sector across India: Study
May 11, 2016, at 03:18 am
New Delhi, May 10 (IBNS) Tamil Nadu has ranked on top in terms of growth in live investments attracted by the irrigation sector thereby clocking a compounded annual growth rate (CAGR) of over 32 per cent during the decadal period 2004-05 and 2014-15, apex industry body ASSOCHAM said on Tuesday.
Platts China Steel Sentiment Index back in negative territory in May
May 11, 2016, at 03:12 am
Beijing, May 10 (IBNS) A majority of Chinese steel market participants believe prices will likely fall over the next month due to weaker domestic demand, with the outlook for construction steel particularly bleak, according to the latest S&P Global Platts China Steel Sentiment Index (CSSI), which showed a headline reading of 46.98 out of a possible 100 points in May.
Green measures are an integral part of Primarc's building plans
May 11, 2016, at 02:27 am
Kolkata, May 10 (IBNS) Implementation of environment-friendly measures is not only key to reduce the carbon footprint but also important to help buyers of residential properties to enjoy a better quality of life, agrees eastern India’s leading real estate developer Primarc.
Taiwan is bullish about ‘Smart Products for Smart Cities’ in India
May 11, 2016, at 02:20 am
New Delhi, May 10 (IBNS): The Taiwan Industry Enhancement Project (IEP) is happy to take part in the 2nd Smart Cities India 2016 exhibition starting from May 11 - 13 at the Pragati Maidan Exhibition Centre in New Delhi and will set up the Taiwan Excellence Pavilion to showcase 47 leading Taiwanese brands, 124 smart products themed ‘Smart products for smart cities’ in technology and home industry.
Indian markets recoup intraday losses to end as gainers on Tuesday
May 11, 2016, at 02:15 am
Mumbai, May 10 (IBNS) Despite intraday losses, Indian benchmark indices managed to end as gainers on Tuesday riding on firm global cues.
Tata Motors Group global wholesales at 81,333 nos. in April 2016
May 11, 2016, at 02:10 am
Mumbai/Kolkata, May 10 (IBNS) The Tata Motors Group global wholesales in April 2016, including Jaguar Land Rover, were at 81,333 nos., higher by 5%, over April 2015.
Jet Airways, Eastern Bank Limited launch Bangladesh's first airline co-brand credit card
May 10, 2016, at 11:33 pm
Mumbai May 10 (IBNS): Jet Airways, India’s premier international airline along with Eastern Bank Ltd. today announced the launch of the all new ‘Jet Airways Eastern Bank Limited Visa Platinum Credit Card’ in Bangladesh.
India Post launches Western Union ‘My Stamp’
May 10, 2016, at 11:29 pm
Chandigarh /Kolkata, May 10 (IBNS) The Western Union Company, a global leader in money transfer services, was honoured on Tuesday with the release of ‘My Stamp’ to signify 15 years of collaboration between the company and India Post.
Nissan launches ‘Happy with Nissan’ campaign
May 10, 2016, at 09:37 pm
Kolkata,May 10: Nissan’s customer service campaign today entered into its fifth phase with the start of the Happy with Nissan campaign. The campaign will run for 7 days from May 10 till May 17 across India.
Emirates Group announces record profits
May 10, 2016, at 08:57 pm
Dubai, May 10 (IBNS) The Emirates Group today announced its 28th consecutive year of profit and steady business expansion, ending the year with record profits, and in a strong position despite the global and operational challenges during this period.
RBI to issue rupees 1000 banknotes with inset letter 'R'
May 10, 2016, at 08:47 pm
Mumbai, May 10 (IBNS) Reserve Bank of India announced on Monday that it will shortly issue banknotes of rupees 1000 denomination in the Mahatma Gandhi Series – 2005 which will have the inset letter 'R' in both the number panels.
Seven expressions of interest for Tata Steel’s UK business through to the next stage
May 10, 2016, at 03:28 am
Kolkata May 9 (IBNS): The Board of Tata Steel Europe has announced that seven expressions of interest submitted for Tata Steel’s UK business have been immediately taken forward to the next stage of the sale process.
Indian benchmarks end positive on Monday
May 10, 2016, at 01:13 am
Mumbai, May 9 (IBNS) Indian benchmark indices ended Monday as gainers with Sensex up 460.36 points to 25688.86 and Nffty up 132.60 points to 7866.05.
HUL says growth in March 2016 quarter affected by phasing out of excise duty incentives
May 09, 2016, at 11:56 pm
Mumbai, May 9 (IBNS) Hindustan Unilver Limited, a leading fast moving consumer goods (FMCG) company, reported its March 2016 financial results on Monday, and said growth in the quarter was impacted by the phasing out of excise duty incentives, a one-time credit for excise duty refund in the base quarter and marginal price de-growth.
Tata Consultancy Services wins three Silver Stevies at 2016 American Business Awards
May 09, 2016, at 11:44 pm
Kolkata, May 9 (IBNS): Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, today announced that it won three Stevies at the 14th Annual American Business Awards, the nation’s premier business awards program. TCS was recognized with Silver Stevie Awards for Brand Experience of the Year (Business-to-Business), Mobile Marketing Campaign of the Year and Corporate Social Responsibility Program of the Year.
Zomato founder opposes HSBC valuation claim
May 09, 2016, at 11:38 pm
New Delhi, May 9 (IBNS) Co-founder and CEO Deepinder Goyal of Zomato, an online restaurant aggregator, in a blog on Monday has opposed HSBC's claim it has halved the valuation of Zomato to US$500 million on concerns over business model, competition and loss in international business.
May 09, 2016, at 11:19 pm
Mumbai, May 9 (IBNS) Han Zheng, Member of the Political Bureau of the Central Committee of the CPC met Cyrus Mistry, Chairman, Tata Sons.
ICICI Bank inaugurates a new branch at Rania
May 09, 2016, at 10:40 pm
Sirsa, Haryana, May 9 (IBNS): ICICI Bank Ltd inaugurated a new branch at Rania in district Sirsa. The branch also houses a 24x7 ATM at its premises.
Idea Cellular 4G LTE now in over 100 towns of Kerala
May 09, 2016, at 09:41 pm
Thiruvananthapuram, May 9 (IBNS) : Idea Cellular, India’s fastest growing telecom operator, announced the expansion of its hi-speed 4G LTE service to over 90 more towns of Kerala circle, taking the total tally to over 100.
Ziox Mobiles appoints Deepak Kabu as Chief Executive Officer
May 09, 2016, at 09:35 pm
New Delhi, May 9 (IBNS) : Ziox Mobiles, under the aegis of Sun Airvoice Private Limited, one of the fastest growing mobile handset brands in the country has announced the appointment of Deepak Kabu as the Chief Executive Officer for Ziox Mobiles.
Bengaluru Airport turns into a “Playâ€port for travelers
May 09, 2016, at 09:33 pm
Bengaluru, May 9 (IBNS) Bangalore International Airport Limited (BIAL) announces the commencement of ‘Playport’, a fun customer engagement activity, designed specifically for the holiday passengers who pass through the airport in larger numbers during this time of the year.