Suzlon posts positive EBITDA for 3rd consecutive quarter
Nov 01, 2014, at 02:39 am
Pune, Oct 31 (IBNS): Wind turbine manufacturer Suzlon Group on Friday announced its results for the Q2 FY15 where it posted a positive EBITDA for 3rd consecutive quarter.
DuPont opens Multi-Crop Research Centre in Hyderabad
Nov 01, 2014, at 02:19 am
Kolkata/Hyderabad, Oct 31 (IBNS): DuPont leaders and employees joined together to inaugurate its newest multi-crop research centre (MCRC) in Hyderabad on Friday.
Nov 01, 2014, at 02:13 am
New Delhi, Oct 31 (IBNS): Giving relief to consumers, petrol price was reduced by Rs. 2.41 per litre and the price of diesel was slashed by Rs. 2.25 per litre, officials said on Friday.
Amit Mitra unveils raft of investment opportunities in West Bengal
Oct 31, 2014, at 10:45 pm
New Delhi, Oct 31 (IBNS): West Bengal Finance Minister Amit Mitra on Friday unveiled the huge investment opportunities available in West Bengal in various sectors including manufacturing, food processing, MSME, textiles, urban infrastructure & housing, hospitality & tourism, entertainment, healthcare, education & skill development, energy & infrastructure and IT software & hardware.
Sensex, Nifty touch record high
Oct 31, 2014, at 04:36 pm
Mumbai, Oct 31 (IBNS): BSE Sensex and Nifty rose to fresh highs on Friday for the second consecutive day. Sensex and Nifty have risen for the ninth time in the past 10 sessions.
Rwanda accelerates move to cashless economy by joining UN-backed alliance
Oct 31, 2014, at 03:42 pm
New York, Oct 31 (IBNS) The Government of Rwanda moved on Thursday to accelerate plans to transform into a cashless economy by joining a United Nations-backed initiative that supports countries’ transitions to electronic payments.
Bosch forecasts strong growth in India
Oct 31, 2014, at 06:02 am
Bangalore/Kolkata/Stuttgart,Oct 30 (IBNS) The Bosch Group is forecasting further strong growth for India over the next few years, and expects to see positive economic development in the country over the medium and long term.
Mahindra Logistics partners with Indian Vehicle Carriers
Oct 31, 2014, at 04:38 am
Mumbai/Kolkata, Oct 30 (IBNS): Mahindra Logistics Ltd. (MLL), on Thursday announced a partnership with Indian Vehicle Carriers Pvt Ltd. (IVC), to be branded as 2x2 Logistics, aimed at launching assetized operations in outbound automotive logistics.
Titan registers growth of 28.6% in Q2 net profit
Oct 31, 2014, at 03:44 am
Bangalore, Oct 30 (IBNS): Titan Company Ltd on Thursday announced a growth of 28.6% in net profit in the second quarter over last year.
Castrol India Q3 net profit up 13% at Rs.117.9 crores
Oct 31, 2014, at 03:36 am
Mumbai, Oct 30 (IBNS): Castrol India Limited on Thursday announced its third quarter results for the period July-September 2014, where it net sales were up by 11% at Rs. 799.5 crores as against Rs. 719.6 crores during the same period in the previous year.
Mahindra Holidays Q2FY15 total income up 5% QoQ
Oct 31, 2014, at 03:03 am
Mumbai, Oct 30 (IBNS): Leisure hospitality provider Mahindra Holidays & Resorts India Limited (MHRIL), on Thursday announced its financial results for the quarter ended September 30 where it reported it total income at Rs. 200 Crore, up 5% QoQ.
Jaguar opens Engine Manufacturing Centre
Oct 31, 2014, at 02:58 am
New Delhi, Oct 30 (IBNS) Luxury car manufacturer Jaguar Land Rover on Thursday officially opened its new Engine Manufacturing Centre at Wolverhampton city in England.
Payback launches 2nd edition of 'click for gold' festival
Oct 31, 2014, at 02:50 am
New Delhi, Oct 30 (IBNS) Payback, multi-brand loyalty program, has announced the second edition of its much awaited 'Click for Gold' festival.
Kone sends 1,000 employees to the field to study people flow
Oct 31, 2014, at 02:36 am
Kolkata, Oct 30 (IBNS): Leading elevator & escalator company Kone celebrated its annual People Flow Day on Thursday.
Genpact partners with IT-ITeS Sector Skills Council NASSCOM
Oct 31, 2014, at 02:03 am
New Delhi, Oct 30 (IBNS) Genpact Limited (NYSE: G), a global leader in designing, transforming, and running intelligent business operations, announced that it is partnering with the Sector Skills Council and NASSCOM Foundation to jointly create and launch "Reach Higher," a vocational skill-building program to align with the Government of India’s aspiration to train 150 million people by 2022.
Centre directs austerity measures for ministers, babus
Oct 30, 2014, at 10:29 pm
New Delhi, Oct 30 (IBNS): With an aim to counter the increasing fiscal deficit, the Centre on Thursday ordered austerity measures including a ban on creation of new posts, holding meetings at five-star hotels and first class air travel for ministers and Government babus, media reported.
Sandvik to set up manufacturing and R&D facility at Chakan
Oct 30, 2014, at 05:31 am
Kolkata, Oct 29 (IBNS) To leverage India’s position as one of the best cost countries in its operations, Sandvik has announced a commitment to set up a world-class manufacturing facility at Chakan, which is part of the Maharashtra Industrial Development Corporation (MIDC) Industrial Park near Pune.
Panasonic India expands smartphone business to Sri Lanka
Oct 30, 2014, at 05:19 am
New Delhi, Oct 29 (IBNS): Panasonic India Wednesday launched its mobile phone series in Sri Lanka by extending its innovative product portfolio and services to the users in the country.
Dragonair announces inflight enhancement on Airbus A320 fleet
Oct 30, 2014, at 05:03 am
New Delhi, Oct 29 (IBNS): Hong Kong-based airline operator Dragonair on Wednesday announced the introduction of a suite of new products across its fleet of Airbus A320 aircraft.
Emami reports growth of 20.4% during Q2
Oct 30, 2014, at 05:01 am
Kolkata, Oct 29 (IBNS): The Board of Directors of Emami Limited met on Wednesday to consider unaudited financial results of the company for the second quarter & half year ended September 30, 2014.
Subsidised LPG rates hiked, Kerosene may follow soon
Oct 29, 2014, at 08:22 pm
New Delhi, Oct 29 (IBNS): Subsidised domestic cooking gas (LPG) is going to cost more by Rs 3 per cylinder as Centre raised the commission paid to dealers, media reported.
NRI investors sue ICICI Venture at top court in Mauritius
Oct 29, 2014, at 05:45 pm
Mumbai, Oct 29 (IBNS): A group of 69 non-resident Indian (NRI) investors said on Tuesday that they had sued ICICI Venture at the Supreme Court in Mauritius, media reports said.
Recession-hit rich countries suffer 'great leap backwards' in child poverty – UN
Oct 29, 2014, at 02:54 pm
New York, Oct 29 (IBNS) Some 2.6 million children have sunk below the poverty line in the world’s most affluent countries since 2008, negatively impacted by the wave of recessions that rippled through their economies following the meltdown of blue chip financial intuitions, according to a new United Nations Children’s Fund (UNICEF) report out on Tuesday.
AOC India appoints Atul Jasra as business head in India
Oct 29, 2014, at 04:13 am
New Delhi/Kolkata, Oct 28 (IBNS): AOC, the US $12.2 billion business conglomerate that designs and manufactures a wide range of LED and LCD displays for global distribution, has appointed Atul Jasra as Business Head for tablets, smart phones in India and other SAARC countries.
Bengal Chamber starts 'MSME Udyog' to guide MSMEs
Oct 29, 2014, at 03:57 am
Kolkata, Oct 28 (IBNS): The Bengal Chamber of Commerce and Industry on Tuesday stated that it is imperative for the medium and small-scale industries to flourish in order for the state of West Bengal to reach its full potential.
TII to inaugurate large diameter tubes plant in TN
Oct 29, 2014, at 01:14 am
Chennai, Oct 28 (IBNS): Tube Investments of India (TII), part of the Rs. 24300 crores Murugappa Group, on Tuesday announced that the large diameter tubes manufacturing plant at Tiruttani in Tamil Nadu will be formally inaugurated on Thursday.
L&T Infotech acquires Pune-based ISRC
Oct 29, 2014, at 12:30 am
Mumbai/Pune, Oct 28 (IBNS): With an aim to enhance focus on core business, L&T Infotech, a global provider of information technology services and solutions, and a wholly-owned subsidiary of the USD 14.3 billion Larsen & Toubro (L&T), has completed the acquisition of Information Systems Resource Centre Pvt. Ltd. (ISRC).
Emaar MGF Land Limited associates with PayUMoney
Oct 28, 2014, at 07:12 pm
New Delhi, Oct 27 (IBNS): Emaar MGF Land Limited, a real estate developer has announced their association with PayU, the largest consumer payment processors in the world.
Oct 28, 2014, at 07:04 pm
New Delhi, Oct 27 (IBNS) : Microsoft Devices on Monday announced the launch of Nokia 130,the latest addition to Microsoft Devices Group's 'first' phone range.
Bharti Retail redefines India's retailing future with SAP
Oct 28, 2014, at 06:38 pm
Mumbai, Oct 27 (IBNS): SAP SE on Monday announced that multi-brand retailers Bharti Retail Limited (BRL) is strengthening its supply chain, store operations and improve customer experience with the implementation of solutions from SAP.