Government achieves fiscal targets for 2015-16: Finance Ministry
Apr 02, 2016, at 08:00 pm
New Delhi, Apr 2 (IBNS) The Union finance ministry announced on Friday that the Unrion government has achieved its fiscal targets for fiscal year 2015-16.
Renault India registers highest ever monthly sales of 12,424 in March 2016
Apr 02, 2016, at 04:44 am
Kolkata, Apr 1 (IBNS): Renault India, one of the fastest growing automotive companies in India, registered a growth of 160% with monthly domestic sales of 12,424units in March 2016 as against 4,782 units in the corresponding month last year.
Sanofi, Regeneron announce positive Dupilumab Topline results from two phase 3 trials
Apr 02, 2016, at 04:39 am
Kolkata/Paris, Apr 1 (IBNS) Sanofi and Regeneron Pharmaceuticals, Inc. announced that two placebo-controlled Phase 3 studies evaluating investigation dupilumab in adult patients with inadequately controlled moderate-to-severe atopic dermatitis (AD) met their primary endpoints.
Aircel sets up free calling booths in Kolkata's Posta area
Apr 02, 2016, at 01:35 am
Kolkata, Apr 1 (IBNS): In its support towards the tragedy that took place with the collapse of an under-construction section of the Vivekananda Flyover in Kolkata on Thursday, Aircel has set up free calling booths in Posta to help the people stranded in the area.
Volvo revises India pricing for all its cars
Apr 02, 2016, at 01:22 am
Kolkata, Apr 1 (IBNS): Volvo Auto India on Friday announced a revision of prices across its car range.
Lucknow Metro gets 450 million Euro loan
Apr 02, 2016, at 01:10 am
Lucknow, Apr 1 (IBNS) Lucknow Metro will get a loan assistance of 450 million Euros (Rs.3,502 cr) from European Investment Bank (EIB) for its Phase-1A project, officials said.
Germany to provide 370 Crores INR loan for the Nagpur Metro Project
Apr 01, 2016, at 10:24 pm
New Delhi, Apr 1 (IBNS) Germany and India are teaming up for clean, socially inclusive and climate friendly mobility in Indian cities and to ascertain their value, the European nation will provide 370 Crores INR loan for the Nagpur Metro project.
Indian markets end the first day of fiscal 2017 in the red
Apr 01, 2016, at 09:59 pm
Mumbai, Apr 1 (IBNS) Hampered by weak global cues and a profit booking, Indian benchmark indices ended Friday, the first day of the new fiscal year, on a negative tone, with the Sensex down 72.22 points to 25269.64 and the Nifty dwon 25.35 points to 7713.05.
Zydus Cadila receives USFDA approval to market Carboplatin Injection
Apr 01, 2016, at 09:35 pm
Ahmedabad, Apr 1 (IBNS) Zydus Cadila, a fully integrated, global healthcare provider, announced on Friday that it has received the final approval from the USFDA to market Carboplatin Injection, 10 mg/ml in 5 ml, 15 ml and 45 ml.
BHEL commissions 500 MW thermal unit in Maharashtra
Apr 01, 2016, at 08:43 pm
Mumbai, Apr 1 (IBNS) Bharat Heavy Electricals Limited (BHEL) announced on Friday that it has successfully commissioned its fifth 500 MW set at Chandrapur Super Thermal Power Project (STPP) in Maharashtra.
Maruti Suzuki posts its highest-ever annual sales
Apr 01, 2016, at 08:31 pm
New Delhi, Apr 1 (IBNS) Maruti Suzuki India Limited,announced on Friday that it has ended 2015-16 with its highest ever sales of 1,429,248 units, a growth of 10.6 per cent, including its highest ever domestic sales of 1,305,351 units and 123,897 units of exports.
Two Aurobindo Pharma products receive USFDA approval
Apr 01, 2016, at 08:19 pm
Hyderabad/Mumbai, Apr 1 (IBNS) Aurobindo Pharma Limited announced on Friday that it has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Valganciclovir Tablets USP, 450 mg; and Vancomycin Hydrochloride for Injection USP, 500 mg/vial and 1 g/vial.
Global crude oil price of Indian Basket was US$ 36.35 per bbl on Thursday
Apr 01, 2016, at 07:04 pm
New Delhi, Apr 1 (IBNS) The international crude oil price of Indian Basket as published on Friday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 36.35 per barrel (bbl) on Thursday. This was lower than the price of US$ 36.89 per bbl published on Wednesday.
Flipkart acquires payment firm PhonePe
Apr 01, 2016, at 05:09 pm
Bangalore, Apr 1 (IBNS) Flipkart on Friday announced the acquisition of PhonePe, a Bangalore based mobile payments company.
Volkswagen India to recall diesel cars
Apr 01, 2016, at 04:51 pm
Pune, Apr 1 (IBNS) Volkswagen India will recall 3877 Vento cars with 1.5-litre diesel engine and manual gearbox due to inconsistent Carbon Monoxide (CO) emissions that were observed to be sometimes exceeding the threshold limits during the Conformity of Production (COP) tests done by ARAI, an official release said.
NASSCOM firms up plan to stem talent migration from East
Apr 01, 2016, at 11:05 am
Kolkata, Apr 1 (IBNS) Acknowledging the huge talent pool in Eastern region, the NASSCOM has drawn upon a plan to stem migration from this part of the country in the IT sector.
Mahindra MOJO launches in Kolkata
Apr 01, 2016, at 03:30 am
Kolkata, Mar 31 (IBNS): Mahindra Two Wheelers launched the Mahindra MOJO, on Thursday, across 23 dealerships in 11 states. Priced at Rs. 1,70,000/- (Ex-showroom Kolkata), the flagship motorcycle has set new benchmarks in styling, performance ,and riding quality ever since it hit Indian roads in October last year.
KPMG in India launches‘Cyber KARE’
Apr 01, 2016, at 03:29 am
Gurgaon /Kolkata, Mar 31 (IBNS) In response to the urgent need in the market for a mechanism to assess the level of exposure to cyber risk in organisations, KPMG in India has launched ‘Cyber KARE’, a tool, aimed at empowering senior management to self-asses cyber threats and gauge their current level of preparedness to combat them.
Suzuki two wheelers presents new Access 125
Apr 01, 2016, at 12:08 am
Kolkata, Mar 31 (IBNS) Suzuki Motorcycle India Private Limited (SMIPL), a subsidiary of one of the world’s leading two-wheeler manufacturers Suzuki Motor Corporation, Japan, has launched the all new Access 125.
Commuters in Mumbai can pay their cab fare using Mpesa mobile wallet
Mar 31, 2016, at 11:56 pm
New Delhi, Mar 31 (IBNS) Vodafone M-Pesa, a unique and innovative Digital Wallet service from Vodafone that offers Money Transfer, Bill & Utility Pay, Merchant Payments and Business Solutions has partnered with TABcab - Mumbai’s most preferred Radio Taxi service provider in an attempt to strengthen its mobile wallet service and increase the proportion of cashless transactions, thereby creating a hassle-free cash transaction experience for all commuters in Mumbai on the go.
LeEco plans to invests over 10 million USD to build cloud ecosystem in India
Mar 31, 2016, at 11:49 pm
New Delhi, Mar 31 (IBNS): LeEco, the global internet and technology conglomerate, today announced making a significant investment of over 10 million USD to set up in-house Content Delivery Networks (CDNs) in 10 cities across India by end of 2016.
Mar 31, 2016, at 11:37 pm
New Delhi, Mar 31 (IBNS) Smartphone maker Xiaomi launched its new phone Mi 5 in India on Thursday.
Eight core industries rise 5.7 pct higher in February
Mar 31, 2016, at 11:21 pm
New Delhi, Mar 31 (IBNS) The combined Index of Eight core industries stands at 172.2 in February, 2016, which was 5.7 percent higher compared to the index of February, 2015, official data said on Thursday.
Indian markets close flat on Thursday
Mar 31, 2016, at 09:44 pm
Mumbai, Mar 31 (IBNS) The Indian benchmark indices, which was partly positive and partly volatile on Thursday, finally closed flat, with Sensex up 3.28 points to 25341.86 and Nifty up 3.20 points to 7738.40.
India signs loan agreement with the World Bank for USD 250 million
Mar 31, 2016, at 09:23 pm
New Delhi, Mar 31 (IBNS) Union ministry of finance announced on Thursday that India has signed a loan agreement with the World Bank for USD 250 million for "First Programmatic Electricity distribution Reform Development Policy Loan for Rajasthan".
Lupin launches generic Aricept tablets in the US
Mar 31, 2016, at 09:23 pm
Mumbai/ Baltimore, Mar 31 (IBNS) Mumbai-based Lupin Limited (Lupin), a transnational pharmaceutical company producing and developing a wide range of branded and generic formulations, biotechnology products and APIs globally, announced on Thursday that its US subsidiary, Lupin Pharmaceuticals Inc. has launched its Donepezil Hydrochloride Tablets, 23 mg having received approval from the United States Food and Drug Administration (FDA) earlier to market a generic equivalent of Eisai Inc's Aricept® Tablets, 23mg.
Tata Auto comp wins "AON Best Employer India 2016" award
Mar 31, 2016, at 09:22 pm
Pune/ Kolkata, Mar 31 (IBNS): Tata AutoComp Systems Limited, a leading auto-component conglomerate, has been awarded the “Aon Best Employer 2016†award at the “Aon Hewitt Best Employers’ 2016†awards ceremony held on Mar 30.
L&T Construction bags orders worth Rs 2,271 crores
Mar 31, 2016, at 09:21 pm
Mumbai, March 31, 2016: Larsen & Toubro Limited announced on Thursday that its Construction arm has won orders worth Rs 2, 271 crores across its various business segments, including a major commercial development and a transmission line order in Thailand.
Dr Reddy's acquires rights to an investigational anti-cancer agent
Mar 31, 2016, at 07:47 pm
Hyderabad, Mar 31 (IBNS) Dr Reddy's Laboratories, an integrated pharmaceutical company, announced on Thursday that it has entered into a licensing agreement with Eisai Company Limited of Japan, by which Dr Reddy's will be granted exclusive worldwide development and commercialization rights (excluding Japan and Asia) for Eisai's investigational anticancer agent E7777.
Reliance Defence and ANTONOV to manufacture transport aircraft
Mar 31, 2016, at 07:11 pm
Mumbai, Mar 31 (IBNS) Reliance Defence Ltd, a wholly owned subsidiary of Reliance Infrastructure Ltd. (an infrastructure arm of the Reliance Group), announced on Thursday that it will be collaborating with Ukraine-based State Corporation ANTONOV to design and manufacture dual version transport aircraft for military, para military and commercial use in India.