Indian market post gains on second consecutive session on Tuesday, Bharti Airtel Dec quarter net profit down

Jan 25, 2017, at 03:57 am

Mumbai, Jan 24 (IBNS): The Indian market posted gains for the consecutive second day on Tuesday with BSE Sensex up 258.24 points at 27375.58, the highest level since Nov 10, 2016 and the NSE Nifty up 84.30 points at 8475.80.

BookMyShow acquires Hyderabad based MastiTickets

Jan 25, 2017, at 03:14 am

Vijayawada, Jan 24 (IBNS): BookMyShow on Tuesday announced that it has acquired Hyderabad based online ticketing platform MastiTickets for an undisclosed amount.

TVS Motor Company Ltd's total revenue grew to Rs. 3239.55 Crores

Jan 25, 2017, at 12:41 am

New Delhi, Jan 24 (IBNS): Two and three-wheeler maker TVS Motor Company Ltd on Tuesday said total revenue grew to Rs. 3239.55 Crores in the quarter ended December 2016 as against Rs. 3151.12 Crores recorded in the quarter ended December 2015.

EY, Microsoft join hands to drive greater adoption of analytics and intelligence services in India

Jan 24, 2017, at 11:41 pm

Kolkata / Mumbai, Jan 24 (IBNS): EY, a leading global professional services organization, on Tuesday announced a strategic alliance with Microsoft (NASDAQ: MSFT) to develop and deliver innovative high-performance intelligence and analytics advisory services in India.

OYO launches an aspirational living category

Jan 24, 2017, at 11:38 pm

New Delhi, Jan 24 (IBNS): OYO, a hotel Company, on Wednesday announced the launch of OYO Townhouse, positioned as a friendly neighbourhood hotel.

Tata Power’s Maithon Power Plant awarded with Global Energy Management Award 2017

Jan 24, 2017, at 11:06 pm

Kolkata/ Dhanbad, Jan 24 (IBNS): Tata Power's Maithon Power Limited (MPL), the Company's 74:26 joint venture with Damodar Valley Corporation (DVC), has always stood out for its exemplary efforts towards energy and environment conservation. In recognition of its excellence, MPL was bestowed by South Asia Forum for Energy Efficiency (SAFEE) with Global Energy Management Award 2017.

Flipkart sells close to two lakh units of Redmi Note 4 within minutes of going Live

Jan 24, 2017, at 10:28 pm

Bangalore, Jan 24 (IBNS): E-commerce market place Flipkart said it has crerated history by selling nearly 2 lakh units of the latest Redmi Note 4, within a few minutes of launching the sale. Redmi Note 4, which made its world debut in India, is available exclusively on Flipkart and Mi.com.

Etihad Aviation Group announces President and CEO transition process

Jan 24, 2017, at 10:09 pm

Abu Dhabi, Jan 24 (IBNS): The Etihad Aviation Group Board of Directors on Tuesday announced that James Hogan will step down as President and Chief Executive Officer of the company in the second half of 2017.

Cabinet approves interest waiver for the two months of November and December

Jan 24, 2017, at 09:53 pm

New Delhi, Jan 24 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval for interest waiver for the two months of November and December, 2016 for farmers accessing short term crop loans from Cooperative Banks.

Tata Motors kicks-off T1 Racer Program (TRP) 2.0

Jan 24, 2017, at 09:20 pm

Mumbai/Kolkata, Jan 24 (IBNS): In line with the company’s strategic objective of making the profession of truck driving aspirational, Tata Motors on Tuesday announced the second edition of its the truck driver race selection and training program [TRP 2.0].

Kolkata: QSR start-up Wow! Momo opens 101st outlet

Jan 24, 2017, at 05:16 pm

Kolkata, Jan 24 (IBNS): Innovation in momos is its ultimate USP said Sagar Daryani, co-founder of Wow! Momo, a pan-India fast-food chain, which launched its 101st outlet recently in Kolkata.

Swiss Re receives branch license to offer reinsurance in India

Jan 24, 2017, at 03:57 am

New Delhi, Jan 23 (IBNS): Swiss Re has received the approval from the Insurance Regulatory and Development Authority of India (IRDAI) to open a branch in Mumbai.

Harvard South Asia Institute, Tata Trusts conclude project on 'Livelihood Creation in India'

Jan 24, 2017, at 03:16 am

New Delhi, Jan 23 (IBNS): The Harvard South Asia Institute (SAI) in collaboration with Tata Trusts successfully concluded the 18-months project on 'Livelihood Creation In India' in an event hosted in New Delhi on Monday.

Tata Steel's Noamundi Iron Mine wins award at 5th FICCI Quality Systems Excellence Awards for Industry

Jan 24, 2017, at 02:05 am

New Delhi, Jan 23 (IBNS): Tata Steel's Noamundi Iron Mine bagged the Platinum (First) Prize in the Mining Sector at the 5th FICCI Quality Systems Excellence Awards for Industry 2017.

Tata Trusts announces 'The City Data for India Initiative' in partnership with World Council

Jan 24, 2017, at 01:13 am

Mumbai/ Kolkata, Jan 23 (IBNS): The City Data for India initiative, a major new program of Tata Trusts in partnership with the World Council on City Data (WCCD), was announced in Mumbai on Monday in a bid to build high calibre data in Indian cities.

Note ban has negative impact on SMEs; large firms can benefit in long run: ASSOCHAM Bizcon

Jan 23, 2017, at 11:33 pm

Chennai, Jan 23 (IBNS): Demonetisation of high value currency notes would leave quite a negative impact on small and medium enterprises, rural consumption and job creation in the immediate run while the large and well organised sectors of the corporate India stand to benefit in the long term horizon, the latest ASSOCHAM Bizcon Survey pointed out.

Indian market closes higher on Monday, SC rejects plea to postpone Union Budget

Jan 23, 2017, at 10:52 pm

Mumbai, Jan 23 (IBNS): The Indian market closed higher on Monday with BSE Sensex up 82.84 points at 27117.34 and NSE Nifty up 42.15 points at 8391.50.

Titan Eyeplus successfully completes over 69000 vision screenings across India

Jan 23, 2017, at 10:39 pm

Kolkata, Jan 23 (IBNS): While most parents are attentive on taking their children to the pediatricians or the dentists for regular check-ups, many fail to understand the importance of regular eye examination, even if the child doesn’t wear glasses.

More road safety: Bosch India prepared to meet increased demand for ABS

Jan 23, 2017, at 10:13 pm

Bengaluru/Pune, Jan 23 (IBNS): Pune is gaining increasing significance, both as an auto and industrial hub.

Start-ups in India: Border security startup CRON System gets funding from YourNest

Jan 23, 2017, at 09:31 pm

New Delhi, Jan 23 (IBNS): YourNest, an early stage venture capital firm, has invested an undisclosed amount in defence Internet-of-Things (IoT) start-up CRON Systems, according to media reports.

Income Tax: PAN or Form-60 now mandatory for all money transactions

Jan 23, 2017, at 06:58 pm

Kolkata, Jan 23 (IBNS): Senior officers from the Directorate of Income Tax Intelligence and Criminal Investigation said at a conference in Kolkata that the latest Income Tax amendments now make it mandatory to quote a PAN number or Form-60 for every financial transaction.

Tata Hexa launched in West Bengal at Rs 12.54 lakh

Jan 22, 2017, at 02:04 pm

Tata Hexa launched in West Bengal at Rs 12.54 lakh

The Bengal Global Business Summit has drawn an overwhelming response: Mamata Banerjee

Jan 22, 2017, at 12:14 am

Kolkata, Jan 21 (IBNS): Announcing the dates of next year's The Bengal Global Business Summit, West Bengal Chief Minister Mamata Banerjee on Saturday said this year's edition has drawn an 'overwhelming response' from 'industry freinds' from across the globe.

KTM launches all-new RC 390 and RC 200 in Karimnagar

Jan 21, 2017, at 11:46 pm

Karimnagar, Jan 21 (IBNS): Bajaj Auto Ltd. announced the launch of the all-new KTM RC range comprising of the RC 390 and the RC 200 in Karimnagar. KTM; Europe’s No.1 Motorcycle brand has a rich legacy in the world of motorsports with more than 270 World Championship racing titles.

India will add 160-170 million labour force by 2020: study

Jan 21, 2017, at 12:58 am

New Delhi, Jan 20 (IBNS): India’s labour force will expand by 160-170 million in 2020, depends on various factors which includes population growth rate, labour force participation, education enrolment at higher levels etc, an ASSOCHAM –Thought Arbitrage joint study has pointed out.

Digital transactions made through UPI & USSD modes grew by 3574% & 10603% respectively till 18th Jan 2017: Chaudhary

Jan 21, 2017, at 12:53 am

New Delhi, Jan 20 (IBNS): The number of digital financial transactions made through Unified Payments Interface (UPI) and Unstructured Supplementary Service Data (USSD) mode has grown exponentially by 3,574 per cent and 10,603 per cent respectively till 18th January 2017, Union Minister of State for Law & Justice and Electronics & Information Technology, P.P. Chaudhary said at an ASSOCHAM event held in New Delhi today.

mjunction conducts e-auction of commercial papers worth Rs 700-crore for SAIL

Jan 20, 2017, at 10:38 pm

Kolkata, Jan 20 (IBNS): mjunction services limited, India’s largest B2B e-commerce company, successfully conducted yesterday an e-auction for commercial papers (CPs) worth Rs 700 crore for Steel Authority of India Limited (SAIL).

Bank of Baroda inaugurates transaction related SMS service in 12 Indian languages

Jan 20, 2017, at 10:33 pm

Mumbai, Jan 20 (IBNS): Bank of Baroda celebrated World Hindi Day at its Corporate Office in Mumbai.

Indian benchmark indices decline on Friday

Jan 20, 2017, at 09:41 pm

Mumbai, Jan 20 (IBNS): The Indian market reported losses on Friday with BSE Sensex down 274.10 points at 27034.50 and NSE Nifty down 85.75 points at 8349.35.

Bhopal :Dead man leaves behind Rs. 50,000 in old notes, RBI refuses to accedpt

Jan 20, 2017, at 08:50 pm

Bhopal, Jan 20 (IBNS) : The Reserve Bank of India has refused a man’s request to accept Rs 50,000 in demonetised notes left to him by his dead father, a CNN-News 18 report says.