The RBI cancels certificate of registration of four NBFCs
Feb 08, 2016, at 07:53 pm
Mumbai, Feb 8 (IBNS) The Reserve Bank of India (RBI) on Monday said that it has cancelled the certificate of registration of four non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.
Global crude oil price of Indian Basket was US$ 31.06 per bbl on Friday
Feb 08, 2016, at 05:50 pm
New Delhi, Feb 8 (IBNS) The international crude oil price of Indian Basket--as computed/published on Monday by the Petroleum Planning and Analysis Cell of Petroleum and Natural Gas ministry--was US$ 31.06 per barrel (bbl) on Feb 5, 2016, lower than US$ 31.66 per bbl published on Feb 4.
Wipro celebrates five years of Wipro earthian
Feb 07, 2016, at 02:21 am
Bangalore, Feb 6 (IBNS): Wipro Ltd, a leading global information technology, consulting and business process services company, on Saturday celebrated with the winning teams, the fifth edition of Wipro earthian program.
Jet Airways declares highest ever quarterly profit of INR 467 crores IN Q3 of FY16
Feb 07, 2016, at 02:07 am
Mumbai, Feb 6 (IBNS) Jet Airways group on Saturday announced a strong financial performance with record profits of INR 467 crores for the third quarter ending December 31, 2015 compared to INR 29 crores in Q3FY15, providing further evidence of the growing momentum of its turnaround programme.
Buyback of WPI-Linked Inflation Indexed Bond by GoI
Feb 06, 2016, at 06:09 pm
Mumbai, Feb 6 (IBNS) The Government of India (GoI) has announced the repurchase of “1.44 per cent Inflation Indexed Government Stock-2023†through reverse auction for an aggregate amount of Rs 6,500 crore (face value).
SEBI grants licence to Mahindra Mutual Fund
Feb 06, 2016, at 04:24 am
New Delhi, Feb 5 (IBNS): Mahindra Finance on Friday announced that its wholly owned subsidiary, Mahindra Asset Management Company Private Limited, has received a license to manage the Mahindra Mutual Fund.
Ola celebrates its first anniversary in Patiala
Feb 06, 2016, at 02:45 am
Patiala, Feb 5 (IBNS): Ola, India’s leading mobile app for transportation, celebrates its first anniversary in Patiala.
Bajaj Auto introduces CT 100B to expand the 100cc motorcycle segment
Feb 06, 2016, at 02:40 am
Pune, Feb 5 (IBNS) : Bajaj Auto has launcheda new variant of the highly appreciated CT100, theCT100B.
Bosch Limited registers 12.8 pct growth in net sales and income
Feb 06, 2016, at 02:03 am
Kolkata / Bangalore, Feb 5 (IBNS): Bosch Limited, a leading supplier of technology and services, posted net sales and income from operations of INR 2,651 crores in Quarter 3 of FY 2016, registering a 12.8 percent increase over the same period of the previous year.
Jaguar Land Rover secures six nominations at World Car Awards
Feb 06, 2016, at 12:52 am
Whitley, UK, Feb 3 (IBNS) Jaguar Land Rover has secured an impressive six nominations at the World Car Awards, including two for the ultimate prize.
Whirlpool's Q3 profit jumps 39 pct, revenue up 13 pct
Feb 06, 2016, at 12:40 am
Kolkata, Feb 5 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation, on Friday announced strong operating results for the third quarter of 2014-15.
Feb 05, 2016, at 10:10 pm
Mumbai, Feb 5 (IBNS) YES Bank on Friday said it has joined hands with the Indian Railways to provide safe and clean drinking water at Railway station by setting up 1000 community water purification systems across India by 2019.
Strong buying in pharma, banking and other stocks boost Indian benchmark indices on Friday
Feb 05, 2016, at 10:09 pm
Mumbai. Feb 4 (IBNS) The Indian benchmark indices ended Friday in the positive territory on the back of strong buying in pharma or healthcare, banking, metal and auto stocks.
Food price index starts 2016 dropping to nearly 7-year low - UN agency
Feb 05, 2016, at 02:41 pm
New York, Feb 5 (Just Earth News/IBNS) The global Food Price Index, calculated by the United Nations Food and Agriculture Organization (FAO) on a monthly basis, fell in January, slipping 1.9 percent below its level in the last month of 2015, as prices of all the commodities it tracks dropped, sugar in particular.
John Abraham to be brand ambassador for Nissan's leading models in India
Feb 05, 2016, at 04:19 am
New Delhi, Feb 4 (IBNS): Nissan on Thursday announced John Abraham as the company's new brand ambassador for its models to be launched in India, starting with the GT-R sportscar and the X-Trail Hybrid SUV.
BSE Institute Ltd announces launch of new zone for startups
Feb 05, 2016, at 04:04 am
Mumbai, Feb 4 (IBNS): BSE Institute Ltd, a wholly owned subsidiary of BSE Ltd, announced the launch of a new accelerator for startups.
Lohia Auto unveils electric vehicles at Auto Expo 2016
Feb 05, 2016, at 12:43 am
New Delhi, Feb 4 (IBNS): Lohia Auto Industries, the automobile division of Rs. 600 Crore Lohia Global, on Thursday launched its new range of electric vehicles at the Auto Expo 2016.
Positive global cues help Indian benchmarks to post gains after three days of loss
Feb 05, 2016, at 12:07 am
Mumbai, Feb 4 (IBNS) Positive global cues helped the Indian benchmark indices halt their three-day downward spiral and end Thursday on a positive note with the Sensex climbing 115.11 points to close at 24338.43 and the Nifty moving up 42.20 points to end at 7,404.
AirAsia X now connects New Delhi direct to Kuala Lumpur
Feb 04, 2016, at 10:46 pm
New Delhi, Feb 4 (IBNS) AirAsia X on Thursday said it is connecting New Delhi direct to Kuala Lumpur, with the successful take-off of its maiden flight.
Tata Motors launches its new SIGNA range of commercial vehicles
Feb 04, 2016, at 10:22 pm
Kolkata / New Delhi, Feb 4 (IBNS Tata Motors, India’s largest commercial vehicle manufacturer today launched its new SIGNA range of Medium & Heavy Commercial Vehicles, at the SIAM Auto Expo 2016.
Feb 04, 2016, at 10:18 pm
New Delhi, Feb 4 (IBNS) The central government's Department of Industrial Policy & Promotion (DIPP) and Qualcomm Ventures (an investment arm of Qualcomm Incorporated), in support of the Make in India Week ,announced on Thursday, India’s largest start-up contest "QPrize Make in India" where the winner will be awarded US$ 350,000 in equity investment as prize money.
Keys Hotels associates with Paytm Wallet as its partner
Feb 04, 2016, at 10:18 pm
Mumbai, Feb 4 (IBNS) : Berggruen Hotels Pvt. Ltd., a leading chain of business and leisure hotels which operates with the brand name of Keys Hotels in the country announced its association with mobile commerce platform Paytm wallet as its partner.
Tata Power's Joint-Venture commissions 120 MW Itezhi Tezhi hydro Power Project in Zambia
Feb 04, 2016, at 10:14 pm
Kolkata, Feb 4 (IBNS): Tata Power, India's largest integrated power company, on Thursday announced that the Company has commissioned two units of 60 MW each of its 120 MW Itezhi Tezhi hydro Power Project in Zambia, in which Tata Power has a 50 percent stake.
JIS Group MD Taranjit Singh receives Mother Teresa International Award 2016
Feb 04, 2016, at 10:10 pm
Kolkata, Feb 4 (IBNS) Taranjit Singh, Managing Director of JIS Group, has been presented with the prestigious Mother Teresa International Award 2016.
Pricol showcases seven key product lines at Auto Expo
Feb 04, 2016, at 10:06 pm
Coimbatore / New Delhi, Feb 4 (IBNS): Pricol Limited on Thursday announced its participation in the 4-day Auto Expo – Components Show 2016 being held at Pragati Maidan, New Delhi from Feb 4 - 7.
Arvind Q3 revenue up by 4 pct at Rs. 2157 cr
Feb 04, 2016, at 09:58 pm
Ahmedabad, Feb 4 (IBNS) Arvind Limited, one of the largest integrated textile and branded apparel players, has recorded growth in the consolidate revenue by 4 percent at Rs. 2157 crores for the quarter ended Dec 31, 2015 as against Rs.2074 crores in the corresponding quarter of the previous year.
Britain's four billion pound car part kitty fuels growth opportunities for Indian businesses
Feb 04, 2016, at 09:55 pm
London, Feb 4 (IBNS) British auto manufacturers are in the market for new car part suppliers to service the growing demand for UK automobiles.
2015 bonus for FCA employees in Italy
Feb 04, 2016, at 09:15 pm
Rome, Feb 4 (IBNS) Fiat Chrysler Automobiles on Wednesday said it notified trade unions of the amount of the 2015 efficiency bonus to be paid to all Group employees in Italy in February, as provided in the FCA collective labor agreement.
Mahindra showcases its global two wheeler prowess at the 13th Auto Expo 2016
Feb 04, 2016, at 03:51 am
New Delhi, Feb 3 (IBNS): Mahindra & Mahindra Ltd., part of the US $ 16.9 billion Mahindra Group, on Wednesday unveiled its global two wheeler and racing prowess at the 13th edition of Auto Expo 2016.
Nissan to launch GT-R , X-Trail Hybrid in India
Feb 04, 2016, at 03:34 am
New Delhi, Feb 3 (IBNS) At this year’s Delhi Auto Expo Nissan announced it will bring its iconic GT-R sportscar and new X-Trail Hybrid crossover to India in the 2016 financial year.