IMF, India to set-up SARTTAC in Delhi

Mar 12, 2016, at 08:30 pm

New Delhi, Mar 12 (IBNS) Union Finance Minister Arun Jaitley and Christine Lagarde, Managing Director, International Monetary Fund (IMF) signed a Memorandum of Understanding here on Saturday to establish a capacity development center in the national capital.

Essentra extends pharmaceutical packaging footprint into India

Mar 12, 2016, at 05:12 am

Bangalore, Mar 11 (IBNS): Essentra, a leading global provider of specialist packaging and authentication solutions, has expanded its footprint and capabilities with the recent acquisition of the pharmaceutical assets of Kamsri Printing & Packaging Pvt. Ltd. in India.

Vodfone launches two all-women angel stores in Bangalore

Mar 11, 2016, at 12:10 am

Bengaluru, Mar 10 (IBNS): Vodafone India, one of India’s leading telecommunications service providers, in a unique step toward women empowerment, today launched two ‘Vodafone Angel Stores’, in Bengaluru.

Indian benchmark indices recoup early losses and end in gains on Wednesday

Mar 09, 2016, at 10:10 pm

Mumbai, Feb 9 (IBNS) The Indian benchmark indices rallied in the second half of the day's trading with the BSE Sensex up 134.73 points to close at 24793.96 and the NSE Nifty up 46.50 points to end at 7531.80.

Mallya may have left India, banks urge SC to keep him in the country

Mar 09, 2016, at 06:26 pm

Mumbai, Feb 9 (IBNS) Disgraced liquor baron Vijay Mallya, the former United Breweries (UB) group chairman, is believed to have left India even while the consortium of banks to which his grounded Kingfisher Airlines owe a massive debt were asking the Supreme Court (SC) on Tuesday to stop him from leaving, according to media reports.

Free Trade Agreements leading to increased imports and exports for India

Feb 27, 2016, at 12:58 am

New Delhi, Feb 26 (IBNS) Since the mid- 2000s, India’s Free Trade Agreements have doubled to about 42 as of Friday, resulting in increased trade with these FTA countries, more than would have happened otherwise, according to the Finance Ministry.

Jet Airways signs code share agreement with Korean Air

Feb 25, 2016, at 08:13 pm

Mumbai, Feb 25 (IBNS) Jet Airways, India’s premier international airline, has entered into a codeshare agreement and a reciprocal frequent flyer programme partnership with Korean Air, the largest airline in South Korea.

Start-ups, Gig-it and Tyre Express, join Season 9 of VentureNursery’s acceleration program

Feb 25, 2016, at 07:17 pm

Mumbai, Feb 24 (IBNS) VentureNursery, India’s first angel backed accelerator, has announced the commencement of Season-9 of its acceleration program.

Tata Trusts, Harvard University South Asia Institute announce grant to 6 organizations in India

Feb 25, 2016, at 03:35 am

Kolkata, Feb 24 (IBNS): Tata Trusts and the Harvard University South Asia Institute (SAI), who collaborated for a project on livelihood creation in rural India through social entrepreneurship and skill development, have recently announced a grant of INR 1.5 Million for 6 organizations from across India.

Taxation: Cabinet approves signing of agreement between India, Maldives

Feb 25, 2016, at 03:29 am

New Delhi, Feb 24 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday gave its approval for signing of an agreement between India and Maldives for the avoidance of double taxation of income from international air transport.

HCIL expands its campaign to replace Driver-Side Air Bag inflators in India

Feb 20, 2016, at 12:26 am

New Delhi, Feb 19 (IBNS): Honda Cars India Ltd (HCIL) on Friday announced that it will voluntarily replace Driver Side Airbag inflators of 57,676 vehicles of previous generation of City, Jazz and Civic as part of Honda's preventive global recall campaign concerning Air Bag inflators.

Jet Airways' JetPrivilege wins accolades at 9th Loyalty Awards 2016 in India

Feb 14, 2016, at 08:08 pm

Mumbai, Feb 14 (IBNS): JetPrivilege, the award-winning loyalty and rewards management programme and frequent flyer programme of Jet Airways, has won three key accolades at the 9th Loyalty Awards 2016 in India.

Infosys Prizes will go long way towards nurturing the innovation ecosystem in our country: President

Feb 14, 2016, at 02:38 am

New Delhi, Feb 13 (IBNS) President Pranab Mukherjee presented the Infosys Prizes for the year 2015 here on Saturday.

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.

Arvind Mediratta named METRO Cash & Carry India's new MD

Feb 02, 2016, at 07:52 pm

Kolkata, Feb 2 (IBNS) Arvind Mediratta has joined METRO Cash & Carry India as their new Managing Director taking over from Rajeev Bakshi, who had joined the company in 2010.

AirAsia India adds cheer to 3-day trip for Nava Jeevana guests

Jan 29, 2016, at 12:31 am

New Delhi, Jan 28 (IBNS) Low cost carrier AirAsia India on Thursday said it has sponsored free tickets to a group of 43 residents from Nava Jeevana, a rehabilitation center for the physically challenged, who are taking a three day trip to Vizag.

Ola ‘Share’ now in Kolkata; enables users to travel in social groups

Jan 22, 2016, at 08:30 pm

Kolkata, Jan 22 (IBNS): Ola, India’s leading mobile app for transportation on Friday announced the launch of Ola Share, India’s first social ride-sharing platform in Kolkata.

Retail inflation moved up to 5.61 pct in December

Jan 12, 2016, at 11:58 pm

New Delhi, Jan 12 (IBNS) India's retail inflation accelerated to 5.61 per cent for the month of December, governement data released on Tuesday said.

Sensex down third day in a row in India

Jan 07, 2016, at 12:21 am

Mumbai, Jan 6 (IBNS) The Indian share market could not beat the gloom as its benchmark BSE Sensex ended 174 points lower at 25,406.33 on Wednesday due to weak global cues, after touching the day’s high of 25,632.57.

Akshay Kothari appointed as LinkedIn's Country Manager for India

Jan 05, 2016, at 10:17 pm

Dublin, Jan 5 (IBNS) Professional networking platform LinkedIn has appointed Akshay Kothari as Country Manager for India, media reports said.

Netflix to launch its services in India soon?

Jan 04, 2016, at 01:11 am

New Delhi, Jan 3 (IBNS): Giving good news to netizens, video streaming company Netflix is likely to launch its service in India soon, media reports said.

DB Schenker opens its 2nd largest warehouse in India

Dec 23, 2015, at 02:47 am

Mumbai, Dec 22 (IBNS): Schenker India Pvt. Ltd, part of DB Schenker, the transport and logistics division of Deutsche Bahn AG, has announced the opening of its biggest warehouse in India at Bhiwandi near Mumbai in western region.

Indian market closes in green, Sensex ends 309 points higher

Dec 17, 2015, at 10:14 pm

New Delhi, Dec 17 (IBNS) The Indian market ended in the green with the Sensex moving up by 309 points on Thursday.

Blueair launches air purifiers in India

Dec 17, 2015, at 01:14 am

Mumbai, Dec 16 (IBNS): Blueair, an air purifier company from Sweden, on Wednesday announced its India debut of Blueair Pro XL, a mobile indoor air purifier.

UK to partner Technology Summit and KnowledgExpo in India

Dec 10, 2015, at 01:50 am

New Delhi, Dec 9 (IBNS): On the first day of his three-day, three-city visit to India, British Minister of State for Universities and Science Jo Johnson MP launched the UK's partnership of the 2016 Technology Summit and KnowledgExpo along with his Indian counterpart Harsh Vardhan.

UK-India to "innovate" together in advanced manufacturing

Dec 01, 2015, at 04:35 am

New Delhi, Nov 30 (IBNS): Following the visit of Indian Prime Minister Narendra Modi to the UK earlier this month, UK Trade and Investment (UKTI) and UK Science and Innovation Network (UKSIN) are celebrating and inspiring business and technology partnerships in advanced manufacturing and innovation between UK and India.

India's leading watchmaker Titan associates with technology giant HP Inc.

Nov 23, 2015, at 08:29 pm

Mumbai, Nov 23 (IBNS) : In a significant announcement today, Titan, the world’s fifth-largest watch maker, and HP Inc., one of the world’s leading information technology companies, have come together to create a unique lifestyle offering.

Lamborghini launches rear-wheel drive Huracan LP 580-2 in India

Nov 21, 2015, at 03:48 am

New Delhi, Nov 20 (IBNS): Automobili Lamborghini has launched the Lamborghini Huracan LP 580-2 in India, a two-wheeled drive version of the legendary Italian sportscar marque's popular Huracan coupe.

Infosys Foundation provides grants worth INR 56 Crore to leading academic institutes across India

Nov 21, 2015, at 12:43 am

Bangalore, Nov 20 (IBNS): Infosys Foundation, the philanthropic arm of Infosys, on Friday announced that it has instituted 11 faculty chairs at eight leading academic institutes across India over the past 12 months.

Vodafone commits to invest INR 13,000 crores in India

Nov 13, 2015, at 06:51 pm

New Delhi, Nov 13 (IBNS): Vodafone, a telecommunications service provider, on Friday committed investments totalling INR 13,000 crores (£ 1.3 billion) for capacity augmentation and new business initiatives.