Indian benchmark indices post their best weekly gain since October
Feb 20, 2016, at 12:09 am
Mumbai, Feb 19 (IBNS) The Indian benchmark indices, BSE Sensex and NSE Nifty managed to post their best weekly gain since October on Friday, and closed at 23,709 or up 60 points and at 7,211 or up 19 points, respectively.
Jet Airways denies rise in Etihad stake as reported in its letter to BSE
Feb 19, 2016, at 11:43 pm
Mumbai, Feb 19 (IBNS) Jet Airways, in its reply to a clarification sought by the Bombay Stock Exchange (BSE), on Friday said that the news that 'Etihad is set to raise its stake in Jet Airways to 49% from 24%' as published in a newspaper is a rumour and no such move is under contemplation.
Global crude oil price of Indian basket was US$ 31.86 per bbl on Thursday
Feb 19, 2016, at 10:09 pm
New Delhi, Feb 19 (IBNS) The international crude oil price of Indian Basket as published on Friday by Petroleum Planning and Analysis Cell of the Ministry of Petroleum and Natural Gas was US$ 31.86 per barrel (bbl) on Thursday, higher than the price of US$ 29.89 per bbl published on Wednesday.
ICICI Bank launches property tax collection service in association with Pune Municipal Corporation
Feb 19, 2016, at 09:49 pm
Pune, Feb 19 (IBNS) : ICICI Bank has launched a service to facilitate collection of property tax for the Pune Municipal Corporation (PMC).
Government reappoints Sinha as SEBI chairman
Feb 19, 2016, at 09:45 pm
Mumbai, Feb 19 (IBNS) The central government on Thursday reappointed U K Sinha to the post of chairman of the Securities and Exchange Board of India (SEBI).
Cathay Pacific releases combined traffic figures for January 2016
Feb 19, 2016, at 09:07 pm
New Delhi, Feb 19 (IBNS) Cathay Pacific Airways on Friday released combined Cathay Pacific and Dragonair traffic figures for January 2016 that show a double-digit increase in the number of passengers carried compared to the same month in 2015, but only a marginal rise in the volume of cargo and mail uplifted.
IIHMR Bangalore with SEMS Pune offers healthcare leadership training
Feb 19, 2016, at 09:06 pm
Pune, Feb 19 (IBNS) : Over the past few years, there has been a rise in the number of hospital mismanagement cases in Maharashtra, some of which have resulted in fatalities.
Volvo Cars to launch a car without a key
Feb 19, 2016, at 09:01 pm
Kolkata, Feb 19 (IBNS) For decades, drivers have been accustomed to accessing and driving cars with physical keys. But no longer. In a ground-breaking move for the automotive industry, Volvo Cars plans to become the world’s first car manufacturer to offer cars without keys from 2017.
Infosys consulting strengthens leadership team
Feb 19, 2016, at 08:49 pm
Bengaluru , Feb 19 (IBNS): Infosys, a global leader in consulting, technology, outsourcing and next-generation services, on Friday announced the appointment of Michael Pesch as Chief Executive Officer of Infosys Consulting Holding AG (formerly Infosys Lodestone), strengthening its focus on creating an integrated, consulting-led business to help clients renew their existing IT landscapes non-disruptively, while simultaneously bringing innovation and new technologies to their businesses.
YES BANK launches fully-automated Current Account for SMEs
Feb 19, 2016, at 08:41 pm
Mumbai, Feb 18 (IBNS): YES BANK, India’s fifth largest private sector bank, has launched a fully-revamped, first-of-its-kind Current Account proposition aimed at placing the power of choice in the hands of the business consumer.
IGBC grants Platinum rating to Prive by Tata Housing
Feb 19, 2016, at 08:27 pm
Kolkata, Feb 18 (IBNS): Tata Housing, one of the fastest growing real estate companies in the country, with the intent to build and design high performance buildings, on Friday announced the receipt of platinum certification from IGBC (Indian Green Building Council) for its ultra-luxury housing project Prive, Lonavala.
AirAsia co-founder Tony Fernandes awarded by US-ASEAN Business Council
Feb 19, 2016, at 07:19 pm
San Francisco, Feb 19 (IBNS) Tony Fernandes, co-founder and Group Chief Executive Officer of AirAsia, has been recognised by the US-ASEAN Business Council with the Fourth Pillar Award for his extraordinary contribution towards the growth of Asean and the U.S.-ASEAN relationship.
Parryware’s In-Slim takes inspiration from Europe
Feb 19, 2016, at 05:21 pm
New Delhi, Feb 19 (IBNS) Parryware, India’s contemporary bathroom solutions brand sets a new tone to enhance the world of bathroom with its range of super slim wash basins – In-Slim.
Deloitte expands its Cyber Intelligence Centre in Gurgaon
Feb 19, 2016, at 12:14 am
Kolkata, Feb 18 (IBNS): Deloitte India on Thursday announced the expansion of its Cyber Intelligence Centre (CIC) in Gurgaon.
Vodafone commits to Invest INR 6,000 crore in Maharashtra
Feb 18, 2016, at 11:38 pm
Mumbai, Feb 18 (IBNS) Vodafone, one of India’s leading telecommunications service providers, today committed investments totalling INR 6,000 crore for capacity augmentation and new business initiatives in the state of Maharashtra.
Rajesh Patwardhan appointed Chief Marketing Officer of LIC Nomura Mutual Fund
Feb 18, 2016, at 11:19 pm
Mumbai, Feb 18 (IBNS): LIC Nomura Mutual Fund Asset Management Company on Thursday announced the appointment of Rajesh Patwardhan as its new Chief Marketing Officer, effective immediately.
Moody's: Increased risks to global growth cloud outlook in 2016-17
Feb 18, 2016, at 11:03 pm
Singapore, Feb 18 (IBNS) Global growth will fail to pick up steam over the next two years as the slowdown in China, lower commodity prices and tighter financing conditions in some countries weigh on the economy, Moody's Investors Service said in a quarterly report on Thursday.
Jaitley releases India 2016 & Bharat 2016
Feb 18, 2016, at 09:10 pm
New Delhi, Feb 18 (IBNS) Arun Jaitley, Minister of Information & Broadcasting, Finance and Corporate Affairs, on Thursday released the print and digital versions of India 2016 and Bharat 2016.
MCX signs MoU with N L Dalmia Institute of Management Studies & Research
Feb 18, 2016, at 09:05 pm
Mumbai, Feb 18 (IBNS): Multi Commodity Exchange of India Limited (MCX), India’s leading commodity exchange, and N L Dalmia Institute of Management Studies and Research, Mumbai, have entered into a memorandum of understanding (MoU) to jointly bring in another facet of financial literacy among its students.
ICICI Bank launches property tax collection service in association with Pune Municipal Corporation
Feb 18, 2016, at 09:02 pm
Pune, Feb 18 (IBNS) : ICICI Bank has launched a service to facilitate collection of property tax for the Pune Municipal Corporation (PMC).
Aircel connects with rural audiences through ‘Aircel’er Protishruti, Shob Shomoi aro Beshi’
Feb 18, 2016, at 08:08 pm
Kolkata, Feb 18 (IBNS): Reinforcing and strengthening it’s connect with customers, Aircel, one of India’s leading innovative mobile service providers, kick-started a series of nukkad nataks (street plays) in West Bengal to spread awareness about Aircel’s popular value for money products and services amongst the rural audiences of the state.
Jet Airways to offer Daily frequencies between Mumbai, Dubai
Feb 18, 2016, at 07:52 pm
Mumbai, Feb 18 (IBNS): Jet Airways is set to expand its operations to Dubai with the launch of new frequencies from its hubs in Mumbai and Delhi.
Numero Uno Jeanswear becomes official supplier of clothing for ICC World Twenty20 India 2016
Feb 18, 2016, at 07:49 pm
New Delhi, Feb 18 (IBNS) : Numero Uno Jeanswear, India’s leading denim brand has collaborated with a mega cricketing event, the ICC World Twenty20 as official clothing supplier manufacturer and retailer of ICC branded apparel and merchandise from February 2016 through to December 2020.
Pincon Spirit acquires Singapore based Orbitol Solutions
Feb 18, 2016, at 06:31 pm
Kolkata, Feb 18 (IBNS): Pincon Spirit Limited - PSL , through Overseas Direct Investment (ODI) has acquired Orbitol Solutions Pte. Ltd. (OSPL), a company incorporated in Singapore under Companies Act Cao.50, having its Registered Office in Singapore, with effect from Feb 16.
EESL signs MoU with Coal India Limited to promote energy efficiency
Feb 18, 2016, at 02:50 am
Kolkata, Feb 17 (IBNS): Energy Efficiency Services Limited (EESL), a public sector entity under the administration of Ministry of Power has signed a memorandum of understanding with Coal India Limited (CIL) for implementation of Energy Efficiency projects in CIL and its Subsidiaries.
Wadhwani Foundation's 'Job Creation Summit' held in New Delhi
Feb 18, 2016, at 02:49 am
New Delhi, Feb 17 (IBNS) : Wadhwani Foundation organized the ‘Job Creation Summit’ in New Delhi, with a panel discussion on filling the jobs gap by focusing on “high quality jobs creation policiesâ€.
Tata Steel bags Global Safety Award 2016
Feb 18, 2016, at 02:28 am
Kolkata, Feb 17 (IBNS): Tata Steel on Wednesday bagged the Global Safety Award by Energy and Environment Foundation.
ICRA upgrades Jet Airways' ratings to investment grade
Feb 18, 2016, at 02:02 am
Mumbai, Feb 17 (IBNS) Jet Airways, India’s premier international Airline has been assigned an investment grade rating (BBB-) by credit rating agency ICRA (an affiliate of Moody’s).
New scheme of BSNL providing Wi-Fi modem with full cashback offer till Mar 31
Feb 18, 2016, at 01:57 am
New Delhi, Feb 17 (IBNS) State-run telecom company Bharat Sanchar Nigam Limited (BSNL) has launched a new scheme for acquiring BSNL Wi-Fi broadband modems at a cost of Rs 1500 wherein customers shall be given Rs 100 per month as cashback for 15 months.
Petrol price slashed, diesel hiked
Feb 18, 2016, at 01:45 am
New Delhi, Feb 17 (IBNS) Petrol price was reduced by 32 paise per litre while diesel price got hiked by 28 paise per litre on Wednesday, officials said.