Govt announces reforms in FDI in 15 sectors including mining, defence

Nov 10, 2015, at 10:53 pm

New Delhi, Nov 10 (IBNS): The Central government on Tuesday announced reforms and liberalisation touching upon 15 major sectors of the economy, in an attempt to ease foreign direct investment (FDI) in mining, civil aviation, defence, broadcasting, construction among others.

GVK Power & Infrastructure Limited announces Q2 consolidated financial results

Nov 10, 2015, at 06:52 pm

Hyderabad, Nov 10 (IBNS): GVK Power & Infrastructure Limited (GVKPIL) on Tuesday announced its unaudited consolidated financial results for the quarter ended Sep 30, 2015 after its financial results were taken on record by the Board of Directors at its meeting.

Thomas Cook India Group announces closure of acquisition process of Kuoni Travel (China) Limited

Nov 10, 2015, at 06:14 pm

Mumbai, Nov 10 (IBNS): Thomas Cook on Tuesday announced that it has formally concluded the acquisition of 100% shareholding of Kuoni Travel (China) Limited, Hong Kong from the Kuoni Group.

Arvind Infrastructure announces Q2FY15-16 results

Nov 10, 2015, at 04:52 am

Ahmedabad, Nov 9 (IBNS): Arvind Infrastructure Limited, one of the emerging real estate players in the Real Estate Development space, has recorded a decline in the consolidated revenue to Rs. 7.87 crores for the quarter ended 30th September 2015, as against Rs.19.67 crores in the corresponding quarter of the previous year.

Tata Power to enhance focus on Renewables by aggregating and carving out renewable assets

Nov 10, 2015, at 04:47 am

Mumbai/ Kolkata, Nov 9 (IBNS): The Tata Power Company Limited on Monday announced renewed focus on Renewable energy capacity addition and restructuring of its renewable energy assets as part of its growth focus in the renewable energy space.

NSE announces rebranding of all indices

Nov 10, 2015, at 01:31 am

Mumbai, Nov 9 (IBNS): India's largest stock exchange NSE on Monday announced that the entire family of indices from its group–India Index Services & Products Limited (IISL), will be rebranded, with a prefix NIFTY and some changes in names to make it more significant and meaningful.

Airtel's Wynk Music hits 5 million songs per day

Nov 10, 2015, at 01:17 am

New Delhi, Nov 9 (IBNS): Bharti Airtel Limited, a mobile services provider globally with operations in 20 countries across Asia and Africa, on Monday announced that its carrier agnostic mobile application 'Wynk Music' has crossed a momentous feat of 12 million downloads in little over 12 months of its launch.

Sotheby's reports third quarter 2015 financial results

Nov 10, 2015, at 12:29 am

New York, Nov 9 (IBNS): Sotheby's on Monday reported financial results for the third quarter and nine months ended 30 September 2015.

Ola redecorates homes of driver-partners on Diwali

Nov 09, 2015, at 09:50 pm

New Delhi, Nov 9 (IBNS) Ola, India’s most popular mobile app for personal transportation is adding more cheer to Diwali celebrations for driver-partners on its platform as the company has partnered with Urban Ladder to bring gifts – big and small, to decorate and refurbish homes of select Ola drivers in 11 cities across India.

Rajnath Singh chairs HLC on Central assistance to states

Nov 09, 2015, at 08:50 pm

New Delhi, Nov 9 (IBNS) Union Home Minister Rajnath Singh chaired a meeting of the High Level Committee (HLC) here on Monday for central assistance to states affected by drought and flood.

Jet Airways confirms order for 75 Boeing 737 Max aircraft

Nov 09, 2015, at 08:44 pm

Mumbai / Dubai, Nov 9 (IBNS) : Jet Airways, India’s premier international airline, announced the confirmation of its largest-ever fleet order for 75 Boeing 737 Max aircraft at the Dubai Airshow on Monday.

Mahindra welcomes Peugeot brand to Moto3 grid

Nov 09, 2015, at 07:52 pm

Valencia, Spain, Nov 9 (IBNS): The Mahindra Group has confirmed that the famous Peugeot name will make its debut on the Moto3 grid in the 2016 season.

LimeRoad launches 60 second Seller App

Nov 09, 2015, at 07:51 pm

Mumbai, Nov 9 (IBNS): LimeRoad, a social commerce platform, on Monday announced the launch of its mobile application LimeRoad Seller App helping sellers get their businesses online in less than 60 seconds.

SAIL sweeps CII Exim Bank Award for Business Excellence

Nov 09, 2015, at 07:48 pm

New Delhi, Nov 9 (IBNS): SAIL plants were awarded with CII-EXIM Bank Award for Business Excellence during the Business Excellence Awards Nite organised at Bengaluru, recently.

Boeing and Tata announce aerospace joint venture in India

Nov 09, 2015, at 07:48 pm

Duba/ Kolkata, Nov 9 (IBNS) Boeing and Tata Advanced Systems on Monday announced a joint venture (JV) that will manufacture aerostructures for aircraft and collaborate on integrated systems development opportunities in India.

BJP debacle in Bihar pulls sensex down by 600 points

Nov 09, 2015, at 03:55 pm

Mumbai, Nov 9 (IBNS) Shocked by BJP's electoral defeat in Bihar, the BSE Sensex slumped 600 points to fall below the psychological 26,000 mark for the first time since September 30, while the 50-share Nifty fell 180 points to 7,790 on Monday.

Ola brings top Chefs to cook up a gourmet meal in kitchen for Diwali

Nov 09, 2015, at 12:09 am

New Delhi, Nov 8 (IBNS) - Ola, India’s most popular personal transportation app, is adding to celebrations this Diwali by bringing its customers in Delhi-NCR a chance to savour a meal prepared by some of the best chefs in town.

CII congratulates Grand Alliance on Bihar Election win

Nov 08, 2015, at 08:41 pm

New Delhi, Nov 8 (IBNS): The Confederation of Indian Industry (CII) on Sunday congratulated the Grand Alliance on its victory in Bihar and committed itself to work with the new Government in furthering the development agenda of the State.

India's first photography centric marketplace , community launched

Nov 08, 2015, at 05:30 am

New Delhi, Nov 5 (IBNS): Picsdream, India’s first photography centric marketplace, on Saturday announced the launch of its portal - picsdream.com and its App for both Android and iOS.

Rama Steel Tubes Ltd. posts growth of 234% in a quarter

Nov 08, 2015, at 01:50 am

Mumbai, Nov 7 (IBNS) : Rama Steel Tubes Ltd. (RSTL) announced its second quarter financial results for FY 2015-2016 at the board meeting held recently.

Tata Chemicals consolidated income from operations for Q2 FY15-16 at Rs. 4,997 Crores, up by 4% YoY

Nov 07, 2015, at 01:52 am

New Delhi, Nov 6 (IBNS) Tata Chemicals Limited (TCL), a global company with LIFE (Living, Industry and Farm Essentials) at its core, reported income from operations at Rs. 4,997 crores up by 4% YoY.

Approximately 50% patients in India fail to take medicines correctly – IIHMR University

Nov 06, 2015, at 11:46 pm

Jaipur, Nov 6 (IBNS) : With the initiative of ‘Health for all by the year 2000’ and various steps taken by the Government of India and World Health Organization, to improve the health status of India and its rural parts, there have been many positive implementations, but there still seem some challenges and gaps in the availability of generic medicines for the people of the country.

Jaguar Land Rover reports second quarter results for fiscal 2015/16

Nov 06, 2015, at 11:35 pm

Whitley, Coventry , Nov 6 (IBNS): Jaguar Land Rover Automotive on Friday reported its results for the three-month period to 30th September, 2015.

Saina Nehwal invests in Soothe Healthcare Personal Care

Nov 06, 2015, at 11:34 pm

Kolkata, Nov 6 (IBNS): Soothe Healthcare on Friday announced SainaNehwal, the world’s no 1 Badminton Champion’s strategic investment in the company’s personal care business.

SAIL registers Rs1,056 crore Q2 loss

Nov 06, 2015, at 11:24 pm

New Delhi, Nov 6 (IBNS) : In H1 2015-16, SAIL registered a growth in hot metal and crude steel production of 8% and 5% respectively over CPLY.

Indian economy is doing better now: Modi

Nov 06, 2015, at 10:49 pm

New Delhi, Nov 6 (IBNS): Prime Minister Narendra Modi on Friday said Indian economy is performing better than the time his government came to power in 2014.

Microsoft empowers customers through local cloud, new cloud partnerships

Nov 06, 2015, at 09:44 pm

Mumbai, Nov 6 (IBNS): Microsoft on Friday announced significant momentum in its local cloud adoption and several new local cloud partnerships in India. Organizations across different industries are using the flexibility, security and advanced computing capabilities of Microsoft cloud to drive their business transformation.

Bosch Limited registers 5.7 percent growth in net sales and income from operations

Nov 06, 2015, at 09:43 pm

Bengaluru/Kolkata, Nov 6 (IBNS) – Bosch Limited, a leading supplier of technology and services, posted net sales and income from operations of INR 2,598 crores in Quarter 2 of the financial year 2015-2016 – registering a 5.7 percent increase over the comparable period of the previous year.

IDFC Bank lists shares on BSE and NSE

Nov 06, 2015, at 09:08 pm

Mumbai, Nov 6 (IBNS): IDFC Bank Ltd., subsidiary of IDFC Ltd, a leading integrated infrastructure finance company, on Friday listed its shares on the Bombay Stock Exchange (BSE) under the scrip ID 539437 and on National Stock Exchange (NSE) under the symbol IDFCBANK.

Reforming is marathon, not a sprint: PM Modi

Nov 06, 2015, at 05:11 pm

New Delhi, Nov 6 (IBNS) Prime Minister Narendra Modi on Friday said by all indicators India is doing better economically than 17 months ago when he took over.