Indian markets post gain on Monday
May 17, 2016, at 01:48 am
Mumbai, May 16 (IBNS) Indian benchmark indices ended Monday on a gain riding on FMCG, tech and a few select stocks but loss in oil and infra stocks pared down the gains.
Shell India announces new Chairman as Yasmine Hilton completes assignment
May 17, 2016, at 01:13 am
New Delhi/Kolkata, May 16 (IBNS): Yasmine Hilton, currently Chairman, Shell Companies in India and VP IT Project Excellence, Royal Dutch Shell (Shell) will end her assignment on 30 September 2016, after a distinguished career spanning 37 years with Shell.
Knorr introduces ‘Rolls & Wraps mixes’
May 16, 2016, at 10:16 pm
Kolkata, May 16 (IBNS): For those times when hunger pangs set in and your family’s demands for a tasty snack leave you perplexed, Knorr comes to the rescue.
WROGN launches new ‘Be your own hero’ ad campaign with Virat
May 16, 2016, at 10:15 pm
Mumbai, May 16 (IBNS): Wrogn recently launched its new ‘Be your own hero’ advertising campaign with Virat Kohli as the chief brand evangelist.
India's April wholesale inflation at 0.34 pct
May 16, 2016, at 09:04 pm
New Delhi, May 16 (IBNS): India's wholesale inflation in April turned positive by standing at 0.34 per cent, government data revealed on Monday.
Jet Airways doubles frequency to Dammam to twice daily from Mumbai, Delhi
May 16, 2016, at 02:37 am
Mumbai, May 15(IBNS): Jet Airways, India’s premier international airline, will launch additional daily services to Dammam from Mumbai and Delhi, further boosting its operations to the key Saudi Arabian port city.
BHEL commissions 660 MW supercritical thermal plant in Maharashtra
May 15, 2016, at 12:25 am
New Delhi, May 14 (IBNS) Bharat Heavy Electricals Limited (BHEL) on Saturday said it achieved another landmark by successfully commissioning a 660 MW supercritical thermal unit in Maharashtra.
Vroom Technologies launches online automobile service marketplace, Autoyaar.com
May 14, 2016, at 09:06 pm
Mumbai, May 14 (IBNS): In order to tap India’s USD 2 billion after-sales automobile market, Autoyaar – an online marketplace for automobile servicing, providing, listing and booking for two and four wheelers – announced the launch of its operations here in the city. It is contemplating to expand its footprints in Mumbai, Pune and New Delhi soon.
Kolkata: Honda launches dual variants of its new compact SUV BR-V
May 14, 2016, at 07:27 pm
Kolkata, May 14 (IBNS): Adding to the competition in the compact SUV segment, Japanese automobile company Honda on Friday introduced its new compact SUV variant, Honda BR-V, in Kolkata.
Encourage venture funding in SME sector
May 14, 2016, at 05:17 pm
Kolkata, May 11 (IBNS) SME sector in India is managed by the promoter families and is considered to be the backbone of growth of Indian Economy today. Any large establishment has ancillary operation which are also run by these SME sector. The main cost component is the cost of fund which are borrowed mainly from nationalized banks in excess of promoters own contribution.
NRL and Chempolis Oy sing term sheet for bio-refinery joint venture
May 14, 2016, at 04:23 am
Guwahati, May 13 (IBNS) : Impletation of Numaligarh Refinery Ltd (NRL)’s ambitious Bio Refinery project, the first in the country, a Bio Refinery Term Sheet was signed between NRL and Chempolis Oy, Finland on Thursday in New Delhi, officials said.
Intel India expands education solutions ecosystem to boost use of technology
May 14, 2016, at 04:21 am
New Delhi, May 13 (IBNS): Intel India on Friday announced its latest initiative to strengthen the use of technology in the education ecosystem. In its continued effort to contribute to the Government’s Digital India vision, the company is aiming to accelerate the penetration of technology in the country’s education sector.
Mytrah Energy surpasses capacity target for 2016 season
May 14, 2016, at 02:05 am
Hyderabad/ Kolkata, May 13 (IBNS): Mytrah Energy, one of India’s largest independent Power Producers in renewable energy is pleased to announce that an additional 210 MW has been commissioned at its Vajrakarur 2, Nidhi and Nazeerabad projects, increasing the Company's operating wind portfolio to 826.4 MW at the start of the 2016 wind season, 83 MW ahead of the Company’s initial target.
HCIL launches Honda BR-V in West Bengal
May 14, 2016, at 01:42 am
Kolkata, May 13 (IBNS): Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, on Friday introduced its new model Honda BR-V.
Kolkata: HDFC Bank launches SmartUp
May 14, 2016, at 01:17 am
Kolkata, May 13 (IBNS): HDFC Bank Ltd., on Friday launched SmartUp, a first-of-its-kind dedicated solution for start-ups in Kolkata.
Indian markets end lower on Friday
May 13, 2016, at 10:49 pm
Mumbai, May 13 (IBNS) Indian markets faltered on Friday with its benchmark indices ending lower largely due to a drop in industrial production in March and a jump in retail inflation.
May 13, 2016, at 09:50 pm
New Delhi, May 13 (IBNS): A leading sports technology delegation from the State of Victoria, Australia visited India from May 9 to 13 to embark on their first sportstech trade mission with the aim of forging partnerships with their Indian counterparts.
JM Financial's consolidated profit up by 21 per cent in FY 2016
May 13, 2016, at 09:45 pm
Mumbai, May 13 (IBNS) JM Financial Ltd, which reported its fourth quarter (Q4) and full year 2016 results on Friday, said that its FY 16 consolidated revenue was up by 20 per cent to Rs.1,685 crore and consolidated profit up by 21 per cent to Rs. 400 crore.
Khaugalideals.com aims to reach 50 crore revenue in 2016
May 13, 2016, at 09:18 pm
New Delhi: May 13 (IBNS) India’s biggest Restaurant discovery and discount deals company khaugalideals is aiming to reach Rs 50 crore revenue in 2016 financial year.
Home textiles and paper products company Trident Ltd reports Q4 results
May 13, 2016, at 09:03 pm
Ludhiana, May 13 (IBNS) Trident Limited, flagship company of USD 1 billion TridentGroup and a leading manufacturer and exporter of Home Textiles & Paper products, announced its financial results for the fourth quarter (Q4) and full-year ended March 31, 2016.
Eicher Motors' promoters sell 4.2 per cent stake in company
May 13, 2016, at 08:51 pm
Mumbai, May 13 (IBNS) Eicher Motors Limited (EML) -- the flagship company of the Eicher Group in India and a leading players in the Indian automobile industry -- announced in a regulatory filing on Friday that two of its promoters and The Eicher Goodearth Trust have sold their 4.2 per cent stake in the company.
Hero Motocorp and Speedbrain join forces in motorcycle rally sports
May 13, 2016, at 08:01 pm
New Delhi/Munich, May 12 (IBNS) Hero MotoCorp Ltd (HMCL), a leading two-wheeler manufacturer, forayed into the world of motorcycle rally racing by forming a strategic partnership with Speedbrain GmbH, the German off-road racing specialist.
Aditya Birla Fashion signs exclusive deal with UK-based designer brand Simon Carter
May 13, 2016, at 07:21 pm
Mumbai, May 13 (IBNS) India’s leading apparel and retail company Aditya Birla Fashion and Retail Limited (formerly known as Pantaloons Fashion & Retail Limited) (ABFRL) announced on Friday that it has signed an exclusive deal to bring the Simon Carter designer wear brand into the country.
Arvind Q4 revenue up by 14% at Rs.2320 cr
May 13, 2016, at 02:00 am
Ahmedabad, May 12 (IBNS): Arvind Limited has recorded growth in the consolidate revenue by 14% at Rs. 2320 crores for the quarter ended 31st March 2016, as against Rs.2041 crores in the corresponding quarter of the previous year.
Yes Bank Payment Solution for Snapdeal wins awards
May 13, 2016, at 01:44 am
Mumbai, May 12 (IBNS): Yes Bank has won multiple awards at The Asian Banker Banker's Choice and Asian Banker Transaction Banking Awards 2016 programme held in Vietnam.
Itron expands Software Center of Excellence in Bangalore
May 12, 2016, at 10:32 pm
Bangalore, May 12 (IBNS) Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company, announced Thursday it plans to expand its software Center of Excellence by doubling its workforce over the next two years.
HDFC Bank appoints K. Balasubramanian as Head of Corporate Banking
May 12, 2016, at 10:20 pm
Mumbai, May 12 (IBNS): HDFC Bank Ltd., has appointed K. Balasubramanian as the Head of Corporate Banking. Designated Group Head – Corporate Banking.
ITC Sankhya, Bengaluru world's first USGBC LEED Platinum certified Data Centre
May 12, 2016, at 10:07 pm
Kolkata, May 12 (IBNS): The ITC Sankhya Data Centre in Bengaluru has been awarded the highest LEED Platinum certification in the 'Data Centre Category' from the US Green Building Council (USGBC).
ICICI Bank launches contact-less credit card with Jet Airways for SME's
May 12, 2016, at 07:36 pm
Mumbai, May 12 (IBNS) ICICI Bank recently announced the launch of the country’s first contactless business credit card in association with Jet Airways, for small and mid-sized enterprises (SMEs) and their employees.
Gulf Oil Lubricants India Limited records 38.1 percent PAT growth in Q 4
May 12, 2016, at 05:18 pm
Mumbai, May 11, 2016: Gulf Oil Lubricants India Limited, a Hinduja Group Company, on Wednesday reported its financial results for the 4th quarter and year ended March 31, 2016.