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5G spectrum auction ends, govt nets Rs 1,50,173 Cr with Jio sweeping lion's share | Smriti Irani, daughter not owners of Goa restaurant, bar: Delhi High Court | No chance of India going into recession: Nirmala Sitharaman on price rise in LS, Congress stages walkout | Ex-Andhra CM NT Rama Rao's daughter found dead at her Hyderabad home | ED conducts search at Sanjay Raut's home after he skips summons twice | J&K: Lashkar militant killed in Baramulla | 1 dead in massive fire in Mumbai's Andheri | 'I am human and I made a mistake': Will Smith apologises to Chris Rock in Instagram video | San Francisco declares Monkeypox 'local emergency' | Maharashtra: Uddhav Thackeray's nephew meets Eknath Shinde, offers support

Indian wearable market clocks 2.5 million units in 2016, low cost fitness trackers being key driver: IDC India

Mar 29, 2017, at 10:08 pm

New Delhi, Mar 29 (IBNS): According to International Data Corporation (IDC), the wearable market in India observed the total shipments of 2.5 million units in 2016 as per IDC Worldwide Quarterly Wearable Device Tracker.

Bharti Airtel completes secondary sale of 10.3% stake in Bharti Infratel to a consortium of KKR & CPPIB

Mar 29, 2017, at 09:13 pm

New Delhi, Mar 29 (IBNS): Bharti Airtel Limited, India’s largest telecommunications services provider, today announced the successful completion of the secondary sale of over 190 million shares of its subsidiary Bharti Infratel Limited representing 10.3%, to a consortium of funds advised by KKR and Canada Pension Plan Investment Board for a total consideration of over INR 6,193.9 Cr (approx. US$ 951.6 million), executed at a price of Rs. 325 per share.

SC bans sale of BS III vehicles from April 1

Mar 29, 2017, at 08:13 pm

New Delhi, Mar 29 (IBNS): The Supreme Court on Wednesday ordered a ban on the sale of vehicles using older technologies, starting April 1, according to media reports.

India turns net exporter of electricity for the first time

Mar 29, 2017, at 08:01 pm

New Delhi, Mar 29 (IBNS): The Union Ministry of Power, on Wednesday, announced that during the current year, from April 2016-February 2017, India turned net exporter of electricity for the first time.

Noida: Police lodge FIR against Chinese official for insulting Indian flag

Mar 29, 2017, at 03:35 pm

Noida, Mar 29 (IBNS): Around 2000 workers of mobile company Oppo demonstrated outside the company's Noida factory, demanding the arrest of a Chinese official for allegedly insulting the Indian flag, reports said.

Infosys joins Open Invention Network Community

Mar 29, 2017, at 02:11 am

Durham, Mar 28 (IBNS): Open Invention Network (OIN), a patent non-aggression community in history with well over 2000 members, on Tuesday announced that Infosys has joined OIN as a community member.

Credit growth in exports, shipping, farm mark uptick in sentiment: ASSOCHAM

Mar 29, 2017, at 01:10 am

New Delhi, Mar 28 (IBNS): Export credit grew by a handsome 32 per cent in the current financial year , helped by a smart recovery in the global demand, also leading to an upturn in shipping, an ASSOCHAM Paper has said.

Formulate suitable strategy to unlock significant growth potential in UP’s dairy industry: ASSOCHAM plea to new govt.

Mar 29, 2017, at 01:05 am

New Delhi, mar 28 (IBNS): Apex industry body ASSOCHAM on Tuesday urged the BJP-led Uttar Pradesh (UP) government to formulate a suitable strategy for unlocking the significant growth potential of dairy sector in the state through productivity enhancement, strengthening and expanding village level infrastructure for milk procurement and providing producers with greater access to markets.

Amazon to acquire SOUQ.com

Mar 29, 2017, at 12:57 am

Seattle, Mar 28 (IBNS): Amazon on Tuesday announced that it has reached an agreement to acquire SOUQ.com, an e-commerce leader in the Middle East.

Jet Airways commences non-stop services to Bagdogra, Madurai from Mumbai

Mar 29, 2017, at 12:49 am

Mumbai, Mar 28 (IBNS): Jet Airways, the country’s full-service, premiere international airline, has started direct daily flights between Mumbai and Madurai (Tamil Nadu) and Mumbai and Bagdogra (West Bengal).

Bank of Baroda enters into MOU with Jain Irrigation Systems Limited

Mar 29, 2017, at 12:37 am

Mumbai, Mar 28 (IBNS): Bank of Baroda, apublic sector bank has entered into MOU with Jain Irrigation Systems Limited, with an objective to finance the Micro Irrigation systems i.e. drip and sprinkler irrigation sold by the company through the network of Bank of Baroda branches across the country.

Xiaomi's founder and CEO Lei Jun meets PM Modi

Mar 29, 2017, at 12:20 am

New Delhi, Mar 28 (IBNS): Chinese technology company Xiaomi's founder and CEO Lei Jun has met Indian Prime Minister Narendra Modi here.

Cathay Pacific commences Tel Aviv service with the Airbus A350

Mar 28, 2017, at 11:59 pm

Tel Aviv, Mar 28 (IBNS):Cathay Pacific on Tuesday operated its inaugural service from Hong Kong to Tel Aviv – the latest destination in the airline’s expanding global network. Flight CX675, a non-stop service flown by the advanced Airbus A350 aircraft, departed Hong Kong at 01:00, touching down at Ben Gurion Airport on schedule at 07:53 local time.

Cathay Dragon website to merge into Cathay Pacific website

Mar 28, 2017, at 11:52 pm

New Delhi, Mar 28 (IBNS): The Cathay Dragon website (formerly www.dragonair.com) will soon be merged into the Cathay Pacific website (www.cathaypacific.com) in a move that will provide customers of both airlines with a more seamless online experience.

Cathay Pacific, Lufthansa Group sign co-operation agreement

Mar 28, 2017, at 11:47 pm

Frankfurt, Mar 28 (IBNS): Cathay Pacific Chief Executive Ivan Chu and Carsten Spohr, Chairman of the Executive Board and CEO of the Lufthansa Group, have signed a new co-operation agreement in Frankfurt, Germany.

Indian benchmark indices end higher of Tuesday

Mar 28, 2017, at 10:01 pm

Mumbai, Mar 28 (IBNS): The Indian market ended higher on Tuesday, with BSE Sensex up 172.37 points at 29411.56 and NSE Nifty up 61.55 points at 9100.80.

Indian gem and jewellery industry finds Make in India campaign encouraging

Mar 28, 2017, at 07:31 pm

Kolkata, March 28 (IBNS): Impact of Goods and Services Tax (GST) on the gem and jewellery sector, charges applied on credit or debit card purchases and demonetisation effects were some of the key issues discussed at the Preferred Manufacturer of India (PMI) programme recently held in Kolkata.

Mother Dairy launches three ‘Dailycious’ Milk variants in Kolkata

Mar 28, 2017, at 05:54 pm

Kolkata, March 28 (IBNS): Mother Dairy Fruit & Vegetable Pvt. Ltd. (MDFVPL) recently launched its milk portfolio in the city with three variants under the brand ‘Dailycious’, an official release stated.

Infosys positioned as major player by IDC MarketScape vendor assessment

Mar 28, 2017, at 02:09 am

Bangalore, Mar 27 (IBNS): Infosys has been positioned as a 'major player' in the IDC MarketScape: Service Providers for EMEA Utilities 2017 Vendor Assessment (doc #EMEA41387516, February 2017).

True Balance introduces ‘One-click Recharge’ to make phone bill payments easier

Mar 27, 2017, at 11:21 pm

Kolkata, Mar 27 (IBNS): India's top mobile balance management service app "True Balance has introduced a welcomed addition of ‘One-click Recharge’ feature to facilitate easy phone bill payments through its platform.

Indian benchmark indices decline on Monday, Jaitley places GST Bill in Parliament

Mar 27, 2017, at 09:37 pm

Mumbai, Mar 27 (IBNS): The Indian market ended Monday on low key with BSE Sensex down 184.25 points at 29237.15 and NSE Nifty down 62.80 points at 9045.20.

Ola Play launched in Hyderabad

Mar 27, 2017, at 09:35 pm

Hyderabad, Mar 27 (IBNS): Ola, India’s most popular mobile app for transportation,on Monday announced the launch of Ola Play, its connected car platform for ridesharing, in Hyderabad.

Central government sanctions 101 new Integrated Cold Chain Projects

Mar 27, 2017, at 08:44 pm

New Delhi, Mar 27 (IBNS): The Union Ministry of Food Processing Industries announced on Monday that 101 new Integrated Cold Chain Projects, part of its National Cold Chain Grid, have been sanctioned.

Finance Minister Arun Jaitley tables GST Bill 2017 in the Parliament

Mar 27, 2017, at 07:10 pm

New Delhi, Mar 27 (IBNS): Union Finance Minister Arun Jaitley, on Monday, introduced the Goods and Services Tax (GST) Bill 2017 to the Parliament, according to media reports.

All-new KTM Dukes launched in Nizamabad

Mar 26, 2017, at 12:39 am

Nizamabad, Mar 25 (IBNS): Bajaj Auto Ltd. on Saturday announced the launch of the all-new KTM Duke range comprising the 390 Duke, 250 Duke, and 200 Duke.

In two weeks Honda WRV booking crosses 4500: CEO

Mar 25, 2017, at 01:58 pm

Kolkata, Mar 25 (IBNS): Japanese automobile maker Honda, which has recently launched its first subcompact crossover, the W-RV, in India has received 4500 bookings in two weeks, said the CEO Honda Cars India Ltd at the launch in Kolkata.

Paragon partners completes Rs. 100 cr worth of investments

Mar 25, 2017, at 02:12 am

Mumbai, Mar 24 (IBNS): Paragon Partners Growth Fund - I on Friday announced the successful completion of two new investment transactions aggregating to INR 100 crore (approximately US$ 15 million).

Volvo cars prices set to increase across carlines in April

Mar 25, 2017, at 01:57 am

Kolkata, Mar 24 (IBNS): Volvo Auto India on Friday announced there will be a revision of prices across its car range.

Using digital technology to accelerate business growth: ASSOCHAM-Deloitte study

Mar 25, 2017, at 01:46 am

New Delhi, Mar 24 (IBNS): In India, adoption of advanced business digital technologies can lead to increase in revenues by up to 27%, increase in employment by up to 84% and enhanced access to international markets by up to 65% for small and medium business (SMBs), according to ASSOCHAM-Deloitte joint study.