Hyundai Domestic Sales Grew by 9.1%

Mar 01, 2016, at 09:33 pm

New Delhi, Mar 1 (IBNS) Hyundai Motor India Ltd, the country’s leading car manufacturer and the largest passenger car exporter registered the domestic sales of 40,716 units in February 2016.

Moody's: India's fiscal 2017 budget is moderately credit positive

Mar 01, 2016, at 09:30 pm

Singapore, Mar 1 (IBNS) Moody's Investors Service says that India's fiscal 2017 budget - which was released on Feb 29- is moderately credit positive for most sectors, but efforts at deficit reduction will remain challenging, while the effects for public-sector banks are negative.

Mahindra’s Auto Sector sells 44,002 units during February 2016

Mar 01, 2016, at 09:12 pm

Mumbai, Mar 1 (IBNS): Mahindra & Mahindra Ltd. , India’s leading SUV manufacturer, today announced its auto sales numbers which stood at 44,002 units during February 2016 as against 38,030 units during February 2015, representing a growth of 16%.

Titan Eyeplus unveils an exciting new brand identity

Mar 01, 2016, at 09:11 pm

Kolkata, Mar 1 (IBNS) Eyewear brand Titan Eyeplus unveiled a new brand logo that has a minimalistic and contemporary look, reflecting a youthful persona of the brand.

Jet Airways makes Amit Agarwal as Acting Chief Executive Officer

Mar 01, 2016, at 09:00 pm

Mumbai, Mar 1 (IBNS): Jet Airways’ Chief Financial Officer, Amit Agarwal is taking on the responsibility as Acting Chief Executive Officer effective Mar 1.

Jet Airways to relocate domestic flight operations in Mumbai to terminal 2

Mar 01, 2016, at 08:51 pm

Mumbai, Mar 1 (IBNS): Jet Airways, India’s premier international airline, will relocate its domestic operations to the state-of-the-art Terminal 2 (T2) at Mumbai’s Chhatrapati Shivaji International Airport (CSIA) in Sahar on Mar 15.

Dissatisfaction over EPF tax may compel government to consider the decision

Mar 01, 2016, at 07:20 pm

New Delhi, Mar 1 (IBNS) The central government is likely to consider a partial rollback of the Employee Provident Fund (EPF) tax on fund withdrawals proposed in the Union Budget 2016 by finance minister Arun Jaitley on Monday following wide-spread dissatisfaction expressed by the salaried employees, according to media reports.

Global Crude oil price of Indian Basket was US$ 31.86 per bbl on Monday

Mar 01, 2016, at 06:41 pm

New Delhi, Mar 1, (IBNS) The international crude oil price of Indian Basket as published on Tuesday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 31.86 per barrel (bbl) on Monday. This was lower than the price of US$ 32.53 per bbl on published on Friday.

WhatsApp to discontinue services for several Nokia, Blackberry phones

Mar 01, 2016, at 05:45 pm

Mountain View, California, Mar 1 (IBNS) Text messaging service WhatsApp in their latest blog said that the company is about to discontinue their services for several Nokia and Blackberry phones.

Govt has made affordable housing national agenda: MB Infrabuild

Mar 01, 2016, at 05:05 am

New Delhi, Feb 29 (IBNS): Simarjit Bhogal, Snr Consultant, MB Infrabuild Pvt Ltd, on Monday said Arun Jaitley's Union Budget has made affordable housing a national agenda with a mandate of 22 million homes by 2022.

Budget 2016-17 has a few very good positive points: Vadilal Industries

Mar 01, 2016, at 04:29 am

New Delhi, Feb 29 (IBNS): Devanshu Gandhi, MD, Vadilal Industries Ltd, on Monday said Arun Jaitley's Budget 2016-17 has a few very good positive points.

Budget promotes affordable housing: NAREDCO

Mar 01, 2016, at 04:18 am

New Delhi, Feb 29 (IBNS): National Real Estate Development Council (NAREDCO) welcomed the Budget as growth-oriented which will provide impetus to agriculture, infrastructure and rural sector development.

Power2SME says Budget 2016-17 laid emphasis on job creation

Mar 01, 2016, at 04:01 am

New Delhi, Feb 29 (IBNS): R Narayan, Founder and CEO, Power2SME, on Monday said Budget 2016-17 laid special emphasis on job creation and outlined measures to facilitate ease of doing business.

Budget 2016-17 has set direction for inclusive growth: Symphony

Mar 01, 2016, at 03:32 am

New Delhi, Feb 29 (IBNS): Achal Bakeri, CMD, Symphony Ltd on Monday said Union Finance Minister Arun Jaitley's budget 2016-17 has set the direction for a balanced and inclusive growth.

Shriram Transport Finance lauds Jaitley's Union Budget

Mar 01, 2016, at 03:24 am

New Delhi, Feb 29 (IBNS): Umesh Revankar, MD, Shriram Transport Finance Company Ltd, on Monday said appreciated the Union Budget that was presented by Union Finance Minister Arun Jaitley.

Becton, Dickinson & Co says Union Budget exudes optimism

Mar 01, 2016, at 03:21 am

New Delhi, Feb 29 (IBNS): Varun Khanna, Managing Director- BD (Becton, Dickinson & Co) India, a medical technology company, on Monday said Arun Jaitley's Union Budget exudes optimism and provides some encouraging measures to help India towards rural development, infrastructure, tax reforms, and structural transformation.

ITC Chairman lauds Jaitley's union budget

Mar 01, 2016, at 03:12 am

New Delhi, Feb 29 (IBNS): Y C Deveshwar, Chairman ITC, on Monday complimented Union Finance Minister Arun Jaitley for presenting a Budget that addresses several issues of structural transformation amidst a very challenging global scenario.

Budget 2016-17 is for traditional Bharat to transform into modern India: Muthoot Finance

Mar 01, 2016, at 03:09 am

New Delhi, Feb 29 (IBNS): George Alexander Muthoot, MD-Muthoot Finance Limited, said the union budget 2016-17 is for traditional "Bharat" to transform into modern India.

Petrol price slashed by Rs. 3.02 per litre, diesel price to increase by Rs. 1.47

Mar 01, 2016, at 03:02 am

New Delhi, Feb 29 (IBNS) Petrol price has been slashed by Rs. 3.02 per litre but diesel will cost Rs. 1.47 a litre more, officials announced on Monday.

Budget 2016-17 seems promising for India's youth: NSDC

Mar 01, 2016, at 03:01 am

New Delhi, Feb 29 (IBNS): S Ramadorai, Chairman, National Skill Development Agency (NSDA) and National Skill Development Corporation (NSDC) on Monday said Arun Jaitley's Budget 2016-17 seems promising for India's youth.

Mahindra Lifespaces hails Union Budget for focussing on Affordable Housing segment

Mar 01, 2016, at 03:00 am

New Delhi, Feb 29 (IBNS): Sriram Mahadevan, Business Head-Happinest, Mahindra Lifespaces said it is heartening to note how the government has taken cognizance of the importance of the Affordable Housing segment towards making ‘Housing For All by 2022’ a possibility in the Union Budget 2016-17.

Sanghi Industries appreciates Union Budget 2016-17

Mar 01, 2016, at 02:47 am

New Delhi, Feb 29 (IBNS): Alok Sanghi, Director, Sanghi Industries Ltd, on Monday appreciated the Union Budget 2016-17.

Pawan Goenka of M&M Ltd welcomes union budget

Mar 01, 2016, at 02:46 am

New Delhi, Feb 29 (IBNS): Pawan Goenka, Executive Director, M&M Ltd, welcomes the Arun Jaitley's union budget for it's strong emphasis on agriculture, rural economy, infrastructure and social sector.

AskmeBazaar.com calls Union Budget a business friendly one

Mar 01, 2016, at 02:45 am

New Delhi, Feb 29 (IBNS): AskmeBazaar.com, an online shopping portal which connects sellers from across the country to prospective consumers, calls Union Budget 2016-17 "a business friendly one."

BCC&I gives Jaitley 6/10 for Union Budget 2016-17

Mar 01, 2016, at 02:25 am

Kolkata, New Delhi, Feb 29 (IBNS): The Bengal Chamber gave Union Finance Minister Arun Jaitley a 6/10 for presenting a pro agriculture and socially tempered budget, with robust outlays for infrastructure, agriculture, rural and socio-economic schemes.

Renault calls union budget a constructive one

Mar 01, 2016, at 02:21 am

New Delhi, Feb 29 (IBNS): Sumit Sawhney, Country CEO & Managing Director, Renault India Operations on Monday said the Union government has succeeded in ensuring that the Indian economy has held its own despite the prevailing uncertain environment and global headwinds.

Murugappa Group praises Union Budget's impetus to agriculture sector

Mar 01, 2016, at 01:29 am

New Delhi, Feb 29 (IBNS): A Vellayan, Executive Chairman, Murugappa Group on Monday praised Union Finance Minister Arun Jaitley's attempt to present a Union Budget that will give impetus to the agriculture sector, while maintaining fiscal discipline.

CREDAI Bengal welcomes Union Budget

Mar 01, 2016, at 01:17 am

Kolkata/New Delhi, Feb 29 (IBNS): Sushil Mohta, President of CREDAI Bengal, on Monday welcomed the Union Budget presented by Union Finance Minister Arun Jaitley.

Nissan welcomes Union Budget's focus on maintaining fiscal deficit

Mar 01, 2016, at 01:06 am

New Delhi, Feb 29 (IBNS): Guillaume Sicard, President, Nissan India Operations on Monday welcomed Arun Jaitley's Union Budget for it's focus on maintaining fiscal deficit, agriculture, infrastructure development and recapitalizing of PSU banks.

Blueair hails Union Budget's initiatives to control air pollution

Mar 01, 2016, at 12:45 am

New Delhi, Feb 29 (IBNS): Bengt Rittri, Founder and CEO of Blueair, on Monday hailed the Union Budget for the initiatives taken by Union Finance Minister Arun Jaitley to control the air pollution levels in the country