Loss in exports lead to job losses: ASSOCHAM study
Sep 19, 2016, at 09:43 pm
New Delhi, Sept 19 (IBNS): Sharp drop in merchandise exports mainly contributed to a loss of 70,000 jobs during the second quarter of 2015 reinforcing a crucial point that the employment generation has to be led by the domestic demand in the wake of subdued global demand, an ASSOCHAM –Thought Arbitrage study noted.
Indian electronics products to touch $75 bn by 2017: ASSOCHAM-EY study
Sep 19, 2016, at 09:42 pm
New Delhi, Sept 19 (IBNS): The Indian electronic products industry in India is expected to grow at a CAGR of 10.1% to reach US$ 75 billion by 2017 from US$ 61.8 billion in 2015 with increasing penetration across consumer products especially in semi-urban and rural markets, along with government push for infrastructure development, locomotive and energy, there exists a significant opportunity for rapid expansion of this industry, adds the ASSOCHAM-EY joint study.
TCS recognized in the Global Dow Jones Sustainability Index 2016
Sep 19, 2016, at 09:13 pm
Kolkata, Sept 19 (IBNS):: Tata Consultancy Services (TCS) , a leading IT services, consulting and business solutions organization, on Monday announced that S&P Dow Jones Indices, one of the world’s leading index providers, and RobecoSAM, the investment specialist focused exclusively on Sustainability Investing (SI) have listed TCS in the Dow Jones Sustainability Index (DJSI) – 2016 for the fourth consecutive year.
Leco announces shopping festival for India
Sep 19, 2016, at 12:27 am
New Delhi, Sept 18 (IBNS): Mobile phone maker Leco on Sunday announced EPIC 919 SuperFans festival for Indian market.
Birla Corporation Cement organises dealers meet in Kolkata
Sep 18, 2016, at 12:35 am
Kolkata, Sept 16 (IBNS): Buniyad 2016, the first Regional Channel Partners’ Conference for Eastern India of Birla Corporation Limited, the flagship Company of the M P Birla Group and cement major, was held in Kolkata, on Thursday.
SAIL employees clinch Vishwakarma Rashtriya Puraskar
Sep 17, 2016, at 11:05 pm
New Delhi, Sept 17 (IBNS): SAIL employees clinched Vishwakarma Rashtriya Puraskar for their performance in the year 2014.
Gionee to setup manufacturing unit in Faridabad
Sep 17, 2016, at 03:44 am
New Delhi, Sept 16 (IBNS): Mobile phone manufacturer Gionee will set up a manufacturing unit in Faridabad area of Haryana.
Vodafone Supernet: Post paid sim to be delivered at your door step
Sep 16, 2016, at 10:05 pm
Chennai, Sept 16 (IBNS): Vodafone India, one of India’s leading telecom service providers, has announced a ‘Dial a Post Paid’ service exclusively for new Vodafone SuperNet, post paid connections in Tamil Nadu circle.
Indian benchmark indices trim gains but end positive on Friday
Sep 16, 2016, at 09:48 pm
Mumbai, Sep 16 (IBNS): The Indian markets ended Friday on positive note, with Sensex up 186.14 points at 28599.03 and Nifty up 37.30 points at 8779.8.
Tata Motors introduces 'Har Week Diwali' offer for passenger vehicle customers
Sep 16, 2016, at 09:20 pm
Kolkata/Mumbai, Sept 16 (IBNS): To celebrate the auspicious occasion of Diwali, Tata Motors on Friday announced a nationwide festive offer, ‘Har Week Diwali’ for its passenger vehicles customers.
US: Tech giant Samsung to replace 1 million Galaxy Note 7 phones
Sep 16, 2016, at 03:32 pm
Washington, Sept 16 (IBNS): Following incidents like batteries bursting into flames, the US Consumer Product Safety Commission has said that around one million Samsung Galaxy Note 7 smartphones,manufactured by the tech giant, will be recalled.
Petrol price up by 58p a litre
Sep 16, 2016, at 03:04 pm
New Delhi, Sept 16 (IBNS): Consumers are paying more money for a litre of petrol as the new price of it came into effect from midnight on Friday.
Nissan ranks 2nd in J.D. Power Sales Satisfaction study 2016
Sep 16, 2016, at 05:24 am
New Delhi, Sept 15 (IBNS): Nissan has been ranked second in J.D. Power 2016 India Sales Satisfaction Index (SSI) Study.
Tata Metaliks signs MoU with PBSSD to set up Skill Development Centre in Midnapore
Sep 16, 2016, at 04:28 am
Kolkata, Sept 15 (IBNS): Tata Metaliks Limited (TML), Pig Iron and Ductile Iron Pipes manufacturers, on Thursday signed a memorandum of understanding (MoU) with Paschim Banga Society for Skill Development (PBSSD) to set up a Skill Development Centre (SDC) in Midnapore district as part of its Corporate Social Responsibility and Affirmative Action initiative.
Uber joins hands with Skill India, Maruti to create driver entrepreneurs
Sep 16, 2016, at 04:20 am
New Delhi, Sept 15 (IBNS): Skill India in partnership with Uber, the smartphone app that connects riders with drivers at the touch of a button, on Thursday announced the UberSHAAN initiative, aimed at creating 1 million driver entrepreneurs in India by 2018.
Indian benchmark indices remain in positive territory on Thursday
Sep 16, 2016, at 01:21 am
Mumbai, Sep 15 (IBNS): The Indian market remained in consolidation mode on Thursday ahead of the upcoming policy meeting of the US Fed Reserve, according to media reports.
Amit Mitra addresses Bengal Chamber of Commerce & Industry's Annual General Meeting
Sep 15, 2016, at 05:11 am
Kolkata, Sept 14 (IBNS): Asia's oldest chamber, The Bengal Chamber of Commerce, held its Annual General Meeting on Wednesday at its premises on Netaji Subhas Road.
Tata Power arm acquires Welspun Renewables Energy Private Limited
Sep 15, 2016, at 03:39 am
Mumbai/ Kolkata, Sept 14 (IBNS): The Tata Power Company Limited ("Tata Power"), India’s largest integrated power company, announced today that, Tata Power Renewable Energy Limited, a 100% subsidiary of Tata Power, has completed acquisition of 100% shareholding in Welspun Renewables Energy Private Limited and its subsidiaries.
Kumar Urban raises 300crs from Altico Capital
Sep 15, 2016, at 02:30 am
Mumbai, Sept 14 (IBNS): Altico Capital has closed a Rs 300 cr transaction with Pune based Kumar Urban Ltd (KUL) for a residential township named 'KUL Ecoloch', located near Hinjewadi, Pune.
Bayer and Monsanto to create a global leader in agriculture
Sep 15, 2016, at 02:10 am
Leverkusen / St. Louis, Sept 14 (IBNS): Bayer and Monsanto on Wednesday announced that they signed a definitive merger agreement under which Bayer will acquire Monsanto for USD 128 per share in an all-cash transaction.
Reliance Communications, Aircel announce merger
Sep 15, 2016, at 01:18 am
Mumbai, Sept 14 (IBNS): In a major development. telecom major Reliance Communications and Aircel announced the merger of their wireless operations on Wednesday.
Infosys expands engineering services footprint to support Ansaldo Energia
Sep 14, 2016, at 11:20 pm
Bangalore, Sept 14 (IBNS): Infosys, a global leader in consulting, technology and next-generation services, today announced an agreement to provide engineering services to Ansaldo Energia, a producer of thermoelectric power plants.
Sep 14, 2016, at 10:53 pm
New Delhi, Sept 14 (IBNS): Blueair, a purifier manufacturer, on Wednesday praised the World Bank for a new study highlighting the emergence of air pollution as the deadliest form of pollution and calling for urgent action to address the problem.
Tata Steel flags off of the first Hot Rolled steel export rake from Kalinganagar Plant
Sep 14, 2016, at 10:45 pm
Kalinganagar/ Kolkata, Sept 14 (IBNS): Tata Steel Kalinganagar plant achieved yet another milestone with the flagging off of the first Hot Rolled steel export rake from the plant.
Jet Airways equip pilots on Boeing 737 fleet with Ipads
Sep 14, 2016, at 10:34 pm
Mumbai, Sept 14 (IBNS): Jet Airways, India’s premier international airline will provide pilots across its Boeing 737 fleet with iPads loaded with applications to do performance calculations, view en-route and terminal charts, refer documents and checklists in digital format, thus reducing the paper in the cockpit.
Indian benchmark indices post marginal gains on Wednesday
Sep 14, 2016, at 10:31 pm
Indian benchmark indices post marginal gains on Wednesday
Mahindra launches the New Bolero with mHAWKD70 engine at Rs. 7.05 lakhs
Sep 14, 2016, at 10:19 pm
Kolkata, Sept 14 (IBNS): Mahindra & Mahindra Ltd. (M&M), India’s leading SUV manufacturer, on Wednesday unveiled - the New Bolero with the mHawkD70 engine.
Flipkart announces India's first-ever gaming awards
Sep 14, 2016, at 10:10 pm
Bangalore, Sept 14 (IBNS): Marking another first in the Indian e-commerce industry, Flipkart on Wednesday announced the Flipkart Gaming Awards for the gaming community in India.
Government planning economic corridors to boost cargo movement
Sep 14, 2016, at 10:07 pm
New Delhi, Sep 14 (IBNS): The Union government is planning to earmark 27,000 km across 44 stretches along the highways as economic corridors, according to media reports.
Volvo Cars launches India’s first plug-in hybrid SUV
Sep 14, 2016, at 09:28 pm
Kolkata, Sept 14 (IBNS): Accelerating innovation in the industry, Volvo Auto India launched the first plug-In hybrid SUV in the country, the XC90 T8 Excellence.