Whirlpool of India delivers record Q4 profit
May 21, 2016, at 04:33 am
Kolkata, May 20 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation, on Friday announced strong operating results for the fourth quarter of 2015-16. Total income of Rs.860 Cr. grew by 10.9% and Profit after Tax at Rs 67.8 Cr. was higher by 22.7% over the same quarter last year.
Tata Power Renewable acquires of 30 MW wind farm in Maharashtra
May 21, 2016, at 04:16 am
Mumbai/Kolkata, May 20 (IBNS): Tata Power Renewable Energy Limited (TPREL), a 100% subsidiary of Tata Power, has completed acquisition of 100% shareholding in Indo Rama Renewables Jath Limited (IRRJL), which is a 100% subsidiary of Indo Rama Renewables Limited (IRRL).
Indian markets end on a choppy note on Friday
May 20, 2016, at 11:27 pm
Mumbai, May 20 (IBNS) Fears of a rate hike and a weak Indian rupee pulled down markets on Friday resulting in Sensex going down by 97.82 points to 25301.90 and Nifty going down by 33.70 points to 7750.
ITC Limited posts net profit of Rs 2495 crore for its Jan-Mar quarter
May 20, 2016, at 10:28 pm
Kolkata, May 20 (IBNS) ITC Limited, with a leading presence in FMCG, hotels, agri and other businesses, reported a net profit of Rs 2495 crore, according to its financial results for the quarter and year ended March 31, 2016,
We are viewing India through a global lens, says Apple CEO Tim Cook
May 20, 2016, at 09:36 pm
New Delhi, May 20 (IBNS) Apple CEO Tim Cook said the company is rethinking India from a strategic point of view as he sees a bright future for Apple retail in India and he is here to learn.
Cisco announces Jaipur as first Lighthouse City in South Asia
May 20, 2016, at 04:19 am
Jaipur, May 19 (IBNS): Cisco announced the city of Jaipur, Rajasthan to be the first Smart+Connected Community 'Lighthouse City' in South Asia on Thursday.
Indian markets react negatively to news of likely US Fed rate hike
May 19, 2016, at 11:57 pm
Mumbai, May 19 (IBNS) While results of assembly elections in Assam, Kerala, Puducherry, Tamil Nadu and West Bengal hogged the limelight on Thursday, the Indian market closed on a losing note following global cues after minutes of the US Fed indicated a likely rate hike during its June policy meet
Apple CEO Tim Cook travel to Hyderabad and Bengaluru on Thursday
May 19, 2016, at 06:53 pm
Mumbai, May 19 (IBNS) On his first visit to India as Apple CEO, Tim Cook will be travelling to Hyderabad and Bengaluru on Thursday and is likely to meet Prime Minister Narendra Modi on Saturday, according to media reports.
Apple opens map development office in Hyderabad
May 19, 2016, at 04:27 pm
Hyderabad, May 19 (IBNS) Apple announced the opening of a new office in Hyderabad on Thursday that will focus on development of Maps for Apple products, including iPhone, iPad, Mac and Apple Watch.
CMC’s KalingaStone floors Maruti Suzuki showrooms across India
May 19, 2016, at 01:02 am
Mumbai, May 18 (IBNS): India’s number 1 stone company, Classic Marble Company (CMC) recently bagged a prestigious order from Maruti Suzuki, one of the country’s leading automobile manufacturers.
Weak global cues and profit booking pull down indices
May 19, 2016, at 12:48 am
Mumbai, May 18 (IBNS) Following weak global cues and profit booking by investors, Indian benchmark indices ended on a losing note on Wednesday, with Sensex dipping 69 points to close at 25704.61 and Nifty dipping 20.60 points to close at 7870.15.
Mahindra Lifespaces launches Phase 3 of Antheia, Pune
May 18, 2016, at 11:27 pm
Pune, May 18 (IBNS): Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the USD 16.9 billion Mahindra Group, on Wednesday announced the launch of Phase 3 of its project Antheia in Pimpri, Pune.
Apple CEO meets with Indian app developers in Mumbai
May 18, 2016, at 11:24 pm
Mumbai, May 18 (IBNS) Apple CEO Tim Cook, who is in India on a four-day visit, met with Indian app developers on Wednesday, according to media reports.
Alto 800 launched in refreshed avatar
May 18, 2016, at 11:03 pm
New Delhi, May 18 (IBNS) Alto 800 has been launched with a more attractive front design, fresh interiors, vibrant colours, higher fuel efficiency and new features.
May 18, 2016, at 10:27 pm
New Delhi, May 18 (IBNS): Tata Power, India's largest integrated power company, has always undertaken various activities with an aim to improve the quality of life and uplift the economic conditions of its surrounding communities.
PNB posts biggest quarterly loss in Indian bank history
May 18, 2016, at 09:52 pm
New Delhi, May 18 (IBNS) Punjab National Bank (PNB), which reported its latest March quarter earnings on Wednesday, posted a net loss of 5370 crore -- due to higher provisioning for bad loans -- the biggest quarterly loss in the history of Indian banking, according to media reports.
Hyundai Motor India celebrates 20 years of foundation in India with Special Edition – Xcent
May 18, 2016, at 09:29 pm
Mumbai, May 18 (IBNS): Hyundai Motor India Ltd., the country’s largest exporter and the second largest car manufacturer on Wednesday introduced special edition of Xcent, commemorating 20 years of Foundation in India.
Siddhivinayak to Shah Rukh Khan on Apple chief executive's India tour menu
May 18, 2016, at 09:16 pm
Mumbai, May 18 (IBNS) Tim Cook, Apple's chief executive, began his India sojourn with a visit to the Siddhivinayak Temple in Mumbai on Wednesday morning, according to media reports.
May 18, 2016, at 02:22 am
New Delhi, May 17 (IBNS): In response to the latest Indian crash test results from UK-based Global New Car Assessment Programme (Global NCAP), automobile giant Mahindra & Mahindra on Tuesday said its products are developed and manufactured to meet or exceed the safety standards set in the Asian nation.
Voltas reports increase in sales in consolidated financial results for 2015-16
May 18, 2016, at 12:43 am
Kolkata/Mumbai, May 17 (IBNS): The Board of Directors of Voltas Limited, a global air conditioning and engineering services provider of the Tata Group, on Tuesday announced the consolidated audited financial results (including the Consolidated Segment Report) for the year ended March 31, 2016.
Vodafone India posts full year FY16 results
May 17, 2016, at 11:06 pm
Mumbai, May 17 (IBNS) Vodafone India, one of the leading total telecommunication service providers in the country announced its Full Year financial results (IFRS) for the year ended March 31, 2016 on Tuesday, which showed that service revenue (adjusted for regulatory impact) was up 10 per cent to Rs 46,435 crores from full year FY2015.
Heavy profit booking pare market gains on Tuesday
May 17, 2016, at 10:43 pm
Mumbai, May 17 (IBNS) Indian markets saw their intraday gains based on positive global cues pared at the close of business on Tuesday as investors booked profits in some index heavyweights from the banking, auto and FMCG sectors.
Kolkata: MedPlus celebrates a successful decade of innovation, excellence and customer satisfaction
May 17, 2016, at 10:29 pm
Kolkata, May 17 (IBNS): MedPlus, the leading brand in retail and online pharmacy, is celebrating its 10th anniversary this year.
Several popular Indian car models fail in UK agency safety test
May 17, 2016, at 10:28 pm
New Delhi, May 17 (IBNS) The latest Indian crash test results from UK-based Global New Car Assessment Programme (Global NCAP) regarding adult occupation protection disappointed, with all five models rated as zero star, according to media reports.
Idea slashes 4G or 3G Data prices upto 50% for night surfing
May 17, 2016, at 09:18 pm
New Delhi, May 17 (IBNS): Fostering data adoption amongst subscribers, telecom operator Idea Cellular on Tuesday introduced an affordable range of 4G or 3G night data packs.
Aurobindo Pharma receives USFDA approval for pain reliever tablets
May 17, 2016, at 07:19 pm
Hyderabad, May 17 (IBNS) Aurobindo Pharma Limited, manufacturer of generic pharmaceuticals and active pharmaceutical ingredients, announced on Tuesday that it has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Hydromorphone Hydrochloride Tablets USP, 2 mg, 4 mg, and 8 mg.
TVS Motor introduces StaR City+ in new Chocolate Gold edition
May 17, 2016, at 06:58 pm
Bengaluru, May 17 (IBNS) TVS Motor Company, India’s leading two wheeler maker, launched its new ‘Chocolate Gold Edition’ of the 2016 TVS StaR City+ motorcycle on Tuesday.
TCS and UK's NEST partner to sign-up 100,000 employers sign-up in pension scheme
May 17, 2016, at 06:20 pm
Mumbai/London, May 17 (IBNS) Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, announced on Tuesday that its client, the National Employment Savings Trust (NEST) in the UK, has now signed up more than 100,000 employers to its auto enrolment pension scheme.
Petrol, diesel prices increased
May 17, 2016, at 05:22 am
New Delhi, May 16 (IBNS): Adding troubles for consumers, petrol and diesel prices were hiked on Monday.
Toyota Innova Crysta launched in Kolkata, MPV priced at 14.24 lakhs
May 17, 2016, at 02:15 am
Kolkata, May 15 (IBNS): Japanese car maker Toyota Kirloskar Motor (TKM) on Friday launched the new Innova Crysta in Kolkata. The new Innova Crysta was first unveiled at the Auto Expo-The Motor Show 2016.