UAE Exchange India to focus on expanding branch network and loan business
May 21, 2015, at 09:34 pm
Kochi, May 21 (IBNS) : UAE Exchange India, a financial services firm, is hoping to get a small banking license and has changed its business model.
-1432142231.jpg "AMFI-WB organises Banking Summit 2015")
AMFI-WB organises Banking Summit 2015
May 21, 2015, at 04:17 am
Kolkata, May 20 (IBNS): Association of Micro Finance Institution – West Bengal (AMFI) has organised the 2nd AMFI-WB Banking Summit in Kolkata on Wednesday.
Whirlpool's Q4 profit jumps 55 pct, revenue up by 16 pct
May 21, 2015, at 04:00 am
Kolkata, May 20 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation, on Wednesday announced strong operating results for the fourth quarter of 2014-15.
Tata Steel records FY'15 turnover at Rs.41,785 crores
May 21, 2015, at 03:55 am
New Delhi, May 20 (IBNS) Tata Steel on Wednesday said its turnover in FY’15 was Rs.41,785 crores compared to Rs. 41,711 crores in FY’14 as the benefits of higher volumes were largely offset by lower realisations and weak demand.
May 21, 2015, at 03:49 am
New Delhi, May 20 (IBNS): In a bid to consolidate its position and meet the aggressive challenge from multinationals, Manali Petrochemicals Ltd (MPL) plans to increase its capacity to produce polyols from the current 50000 TPA to 150,000 TPA using an innovative technical process to produce additional Propylene Oxide (PO).
USP workshop examines ways to improve medicines quality in Asia-Pacific region
May 21, 2015, at 03:48 am
Hyderabad, May 20 (IBNS) The U.S. Pharmacopeial Convention (USP), a global leader in medicines quality, is bringing together national medicines control laboratory officials for a workshop on May 26-28 in Hyderabad at USP–India on improving aspects of medicines quality in the Asia-Pacific region.
Muthoot Fincorp Ltd launches "Muthoot e- pay"
May 21, 2015, at 03:46 am
Kolkata, May 20 (IBNS) Muthoot Fincorp Limited, the flagship company of the 128 years old Muthoot Pappachan Group (MPG), on Wednesday announced the launch of its new online service - "Muthoot e-pay".
H&R Johnson launches Red Ramp Project
May 21, 2015, at 03:07 am
Mumbai, May 20 (IBNS): H&R Johnson (India), an integrated lifestyle solution provider on Wednesday launched 'The Red Ramp Project'-an initiative aimed at encouraging the general public and policy makers to start seriously thinking about providing disable people access at public spaces all across the country.
New service tax rate kicks in from June 1
May 21, 2015, at 02:48 am
New Delhi, May 20 (IBNS) The new service tax rate of 14 percent will come to effect from June 1, officials said on Wednesday.
European Business Group and British Business Group organized 'Dateline Delhi' 2015
May 20, 2015, at 11:39 pm
New Delhi, May 20 (IBNS): The European Business Group (EBG) and the British Business Group (BBG) organized a panel discussion‘Dateline Delhi’in the capital.
Sensex closes 192 points higher
May 20, 2015, at 10:15 pm
Mumbai, May 20 (IBNS) The Sensex closed 192 points higher as trading in the Indian market closed on Wednesday.
Star Union Dai–ichi Life Insurance launches 'SUD Life Assured Income Plan'
May 20, 2015, at 04:45 am
New Delhi, May 19 (IBNS): Star Union Dai–ichi Life Insurance Company Limited (SUD Life) announced the launch of 'SUD Life Assured Income Plan'-non-linked non-participating Guaranteed Return Endowment Assurance Plan which offers customers the best of both the worlds.
Lafarge launches 'Housing Microfinance Academy' in India
May 20, 2015, at 04:44 am
Mumbai, May 19 (IBNS): Lafarge, a leader in building materials, launched the Indian chapter of 'Housing Microfinance Academy' in Mumbai earlier this week.
-1432050172.jpg "Hyundai Motor Group Chairman Mong-Koo Chung meets Narendra Modi")
Hyundai Motor Group Chairman Mong-Koo Chung meets Narendra Modi
May 20, 2015, at 02:43 am
Seoul, May 19 (IBNS) Hyundai Motor Group’s Chairman Mong-Koo Chung met with Indian Prime Minister Narendra Modi to exchange ideas on Korea-India’s auto industry’s cooperation and mutual development.
Coalgate's net sales up 12 pct
May 19, 2015, at 10:55 pm
Mumbai, May 19 (IBNS) Colgate-Palmolive (India) Limited on Tuesday reported net sales of Rs. 3,954.8 crore for the financial year ended March 31, 2015, a 12% increase over the same period of the previous year.
Autodesk 2016 Design & Creation Suites released
May 19, 2015, at 10:41 pm
New Delhi /Kolkata, May 19 (IBNS) Autodesk, Inc. on Tuesday announced the release of the new Autodesk 2016 Design Suites that offer more control than ever over all aspects of the design-to-make process through a connected desktop and cloud user experience.
Sansui launches Futuristic Curve Ultra HD LED TV
May 19, 2015, at 10:18 pm
New Delhi, May 19 (IBNS) : Sansui, a leading Japanese consumer electronics brand in India, launched its advanced Curve 4K Ultra HD LED TV on Tuesday.
May 19, 2015, at 09:44 pm
Mumbai, May 19 (IBNS) The Indian market closed on a flat note with the Sensex ending 41 points lower on Tuesday.
Tata Motors launches the GenX Nano range, its new compact hatch
May 19, 2015, at 09:43 pm
Mumbai, May 19 (IBNS): Taking the spirit of innovation further, Tata Motors Tuesday announced the launch of all-new GenX Nano range, a new compact, feature-rich hatchback for the trendy, youthful, bold and stylish customer.
Tata Green Batteries forays into two-wheeler segment in India
May 19, 2015, at 04:20 am
Kolkata, May 18 (IBNS): TATA AutoComp GY Batteries Pvt. Ltd. (TGY), a joint venture between TATA AutoComp Systems Ltd, India's leading auto component manufacturer and GS YUASA International, Japan inaugurated the manufacturing facility for VRLA batteries.
Tata Power launches 'Be Green'
May 19, 2015, at 03:36 am
Mumbai/ Kolkata, May 18 (IBNS): Tata Power, India’s largest integrated power Company has launched its 'Be Green' initiative under the aegis of Greenolution to unify consumers in the green movement.
GSPC Gas Company Limited, Gujarat Gas Company Limited amalgamation proce
May 19, 2015, at 03:12 am
Gandhinagar, May 18 (IBNS): The Composite Scheme of Arrangement in nature of amalgamation between Gujarat Gas Company Ltd and GSPC Gas Company Ltd, Gujarat's best performing companies in gas distribution sector in India, has been approved and a new amalgamated entity, Gujarat Gas Limited has now emerged.
Sony SIX acquires rights for 2015 Copa America
May 19, 2015, at 02:08 am
Mumbai/ Kolkata, May 18 (IBNS): Sony SIX, India's premier sports and entertainment channel, has acquired the rights to telecast the 2015 edition of Copa America live in South Asia.
May 18, 2015, at 10:14 pm
Mumbai, May 18 (IBNS) The Sensex jumped up by 363 points as the Indian market closed on Monday.
AMFI-WB to organise Banking Summit in Kolkata
May 18, 2015, at 12:24 am
Kolkata, May 17 (IBNS): Association of Microfinance Institutions – West Bengal (AMFI-WB) is all set to organize "Banking Summit 2015" Funding the Unfunded on May 20 May at The Park in Kolkata with an objective to bring all the stakeholders to a common platform to access the research and the latest development in the microfinance sector and to discuss MFIs preparedness under the new policy regime, future competition and the challenges ahead.
Bharti Airtel receives bilateral financing commitments of up to USD 2.5 billion from Chinese banks
May 17, 2015, at 12:24 am
New Delhi, May 16 (IBNS) :BhartiAirtel Limited, a leading global telecommunications services provider with operations in 20 countries across Asia and Africa, on Saturday said that it has received financing commitments of up to USD 2.5 Billion from China Development Bank and Industrial and Commercial Bank of China.
-1431778432.jpg "ICICI Bank opens its first branch in China")
ICICI Bank opens its first branch in China
May 16, 2015, at 11:14 pm
Shanghai, May 16 (IBNS) : ICICI Bank, a private sector bank, announced the launch of its first branch in China.
-1431777545.jpg "IL&FS Group inks MOUs with ICBC and China Huaneng Group")
IL&FS Group inks MOUs with ICBC and China Huaneng Group
May 16, 2015, at 10:59 pm
New Delhi, May 16 (IBNS) Infrastructure Leasing & Financial Services Limited (IL&FS) Group, a infrastructure development & financial services conglomerate on Saturday entered into MOUs with Industrial and Commercial Bank of China (ICBC), a commercial bank in the People’s Republic of China and the China Huaneng Group, the state owned power producer of China.
Tata Steel wins at the Dun & Bradstreet Corporate Awards
May 16, 2015, at 10:02 pm
Kolkata, May 16 (IBNS): Tata Steel has been awarded with the 'Top Indian Company in the Iron and Steel Sector' in the 15th edition of 'Dun & Bradstreet Corporate Awards 2015' held in Mumbai.
May 16, 2015, at 03:39 am
Bengaluru, May 15 (IBNS): The Crop Care division of Mahindra Agri Business, part of the USD 16.5 billion Mahindra Group, on Friday signed an exclusive product licence agreement with Sea6 Energy Pvt. Ltd. to market and distribute its crop yield enhancement product, 'Jingo.'