Rangarajan committee report on poverty submitted
Jul 07, 2014, at 04:37 pm
New Delhi, July 7 (IBNS) A new report on poverty by former RBI Governor C Rangarajan hast identified people spending below Rs 47 a day in cities as poor, dismissing the earlier report by the Tendulkar committee which had drawn criticism for putting it at Rs 33 per day.
Nokia Networks invests in mobile network multivendor optimization
Jul 05, 2014, at 03:13 am
New Delhi, July 4 (IBNS): Nokia Networks has announced that it has bought a broad solution for advanced geolocation capabilities from NICE Systems to enhance the planning and optimization of mobile networks.
No proposal to hike LPG, PDS Kerosene prices: Oil Ministry
Jul 05, 2014, at 02:41 am
New Delhi, July 4 (IBNS): Amid speculations that prices of subsidised LPG and PDS Kerosene will be hiked, the Ministry of Petroleum & Natural Gas on Friday said there has been no such proposal.
Paswan assures to check food inflation, curb hoarding
Jul 05, 2014, at 02:10 am
New Delhi, July 4 (IBNS): Union Minister for Consumer Affairs, Food and Public Distribution Ram Vilas Paswan on Friday said checking food inflation has become a priority agenda for the government.
Tata Steel strengthens its decade old foothold in retail
Jul 04, 2014, at 09:16 pm
Kolkata, July 4 (IBNS): Tata Steel has been one of the pioneers of steel marketing. One such novel venture in the steel industry has been Tata Steel’s foray in the retail sector, which started way back in early 2000.
FM Arun Jaitley asks states to rein in hoarders to check food inflation
Jul 04, 2014, at 07:10 pm
New Delhi, July 4 (IBNS) Union Finance Minister Arun Jaitley on Friday said all state governments should use their full powers to rein in the hoarders and black marketeers who take advantage of the monsoon forecasts.
Food prices decline for third straight month : UN agency
Jul 04, 2014, at 03:42 pm
New York, July 4 (IBNS) Global food prices dip for a third consecutive month in June following a ten-month surge, the United Nations agriculture agency said on Thursday.
NCR moves to a new world-class manufacturing facility in India
Jul 04, 2014, at 02:29 am
Mumbai, July 3 (IBNS): In keeping with the company’s plans to execute its future growth strategy in the country, NCR Corporation, the global leader in consumer transaction technologies, on Thursday announced it will be moving to a new state-of-the-art manufacturing facility at Mahindra World City, in Chengalpet, close to Tamil Nadu's Chennai city, by the end of 2014.
Infosys and SMART Enterprise sign MoU
Jul 04, 2014, at 02:24 am
Bangalore, July 3 (IBNS): Infosys and SMART Enterprise has announced the signing of a Memorandum of Understanding (MoU) to develop new industry solutions in the areas of Machine to Machine (M2M) Communication and Internet of Everything.
Idea becomes the first network in South Asia to launch sponsored Opera Web Pass
Jul 04, 2014, at 02:22 am
Kolkata, July 3 (IBNS): Mobile operator Idea Cellular and Opera software have joined hands with online mobile classifieds portal to offer sponsored mobile data through Sponsored Web Passes for over 137 million Idea customers in India.
Nokia Networks to buy SAC Wireless
Jul 04, 2014, at 02:20 am
New Delhi, July 3 (IBNS) Nokia Networks on Thursday announced it has entered into an agreement to acquire SAC Wireless, a premier self-performing provider of infrastructure and network deployment solutions.
Adani Wilmar expands launching 'Fortune Soya Chunks'
Jul 03, 2014, at 10:43 pm
Kolkata, July 3 (IBNS) Ahmedabad-based Adani Wilmar Ltd., manufacturer and distributor of edible oils, has further expanded its branded foods product portfolio by launching soya chunks under its flagship brand, Fortune.
Sureka-Merlin-JB Group consortium acquires 100 pc shareholding at Keppel Magus
Jul 03, 2014, at 10:39 pm
Kolkata, July 3 (IBNS): Marking a significant development in Bengal’s real estate industry, more so in eastern region of the country, Sureka Group, Merlin Group and JB Group announced Thursday its consortium–led acquisition of Keppel Magus Development Private Limited (KMD).
BSE Network Outage closes market; resolved
Jul 03, 2014, at 10:09 pm
Mumbai, July 3 (IBNS) The Bombay Stock Exchange (BSE) on Thursday faced network related issues as several users were logged out abruptly due to misbehavior of some of the network components in the BSE network.
Union Minister for MSME inaugurates Delhi International Leather Fair
Jul 03, 2014, at 09:25 pm
New Delhi, July 3 (IBNS) Union Minister for Micro, Small & Medium Enterprises Kalraj Mishra inaugurated the fourth edition of the India International Leather Fair in New Delhi on Thursday.
Global crude oil price of Indian Basket decreased marginally
Jul 03, 2014, at 06:38 pm
New Delhi, July 3 (IBNS) The international crude oil price of Indian Basket as computed/published Thursday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went down to US$ 109.39 per barrel (bbl) on 02.07.2014.
Network outrage stops trading in BSE
Jul 03, 2014, at 05:30 pm
Mumbai, July 3 (IBNS) A network outraged in the Bombay Stock Exchange (BSE) forced the shutting down of all markets on Thursday.
Infosys publishes Sustainability Report as per Latest GRI (G4) Guidelines
Jul 03, 2014, at 04:31 am
Bangalore, July 2 (IBNS) Infosys has become the first IT company in the world to publish its sustainability report based on the latest Global Reporting Initiative (GRI) G4 comprehensive framework. GRI is the most widely respected sustainability reporting framework, worldwide.
90,000 SAIL employees to benefit from Wage agreement
Jul 03, 2014, at 04:28 am
New Delhi, July 2 (IBNS) In a significant move, the National Joint Committee for Steel Industry (NJCS) finalised wage settlement for non-executive employees of SAIL on 1st July, 2014 in the presence of C.S. Verma, Chairman, SAIL.
Caterpillar India launches new 424B Backhoe Loader
Jul 03, 2014, at 03:58 am
Kolkata, July 2 (IBNS): Caterpillar India on Wednesday announced the launch of a new backhoe loader at the Chennai Trade Centre.
SilkAir offers Indian travellers a chance to win tickets to their dream destination
Jul 03, 2014, at 03:28 am
Kolkata, July 2 (IBNS) SilkAir, the regional wing of Singapore Airlines, is offering Indian travelers a chance to win Economy Class return tickets, to a destination of their choice.
HP expands HP Advisory Services suite
Jul 03, 2014, at 03:24 am
Mumbai, July 2 (IBNS) IT giant HP on Wednesday announced the expansion of its HP Advisory Services suite, with new consulting services designed to help enterprises and governments in Asia Pacific and Japan (APJ) adapt to a New Style of IT driven by big data, cloud, mobility and security.
VFS Global Wins HP Innovation Award for Major IT Transformation
Jul 03, 2014, at 03:22 am
Mumbai, July 2 (IBNS) IT brand HP on Wednesday announced that VFS Global has been presented with an HP Innovation Award in recognition of the company's successful major IT transformation supporting strategic initiativesand driving rapid business growth.
Picture of PM Modi seeking his mother's blessing is FB COO's favourite
Jul 03, 2014, at 02:58 am
New Delhi, July 2 (IBNS) Social networking site Facebook's Chief Operating Officer Sheryl Sandberg, who is currently in India, said the picture of Indian Prime Minister Narendra Modi seeking his mother's blessing is her 'personal favourite'.
Cabinet approves 12th Plan scheme for strengthening of intellectual property offices
Jul 03, 2014, at 02:55 am
New Delhi, July 2 (IBNS): The Cabinet Committee on Economic Affairson Wednesday approved the continuation of the plan scheme to modernise and strength Intellectual Property (IP) offices during the 12th Plan period.
Cabinet includes onion, potato under the Essential Commodities Act
Jul 03, 2014, at 02:16 am
New Delhi, July 2 (IBNS): With the prices of onion soaring high across the country, the Cabinet Committee on Economic Affairs on Wednesday approved the inclusion of onion and potato under the purview of stock holding limits under the Essential Commodities Act, 1955.
IDBI celebrates 50 years with new branches, mobile banking launch
Jul 02, 2014, at 10:10 pm
Mumbai, July 02 (IBNS) IDBI on Tuesday marked a major milestone, having completed 50 years of its journey in nation building.
ICICI Bank Organises Coin Exchange Mela in Indore
Jul 02, 2014, at 04:50 am
Indore, July 1 (IBNS): Private sector bank ICICI Bank on Tuesday organized a Coin Exchange Mela at its Ratlam Kothi branch at Indore city in Madhya Pradesh under the guidance of the Reserve Bank of India.
DLF attains a five star grading by British Safety Council
Jul 02, 2014, at 04:50 am
New Delhi, July 1 (IBNS): Indian real estate company DLF on Tuesday announced that its office complexes in Gurgaon have been awarded a five star grading from British Safety Council.
AirAsia to re-enter Japan's low cost carrier market
Jul 02, 2014, at 04:46 am
Chennai, July 1 (IBNS): AirAsia on Tuesday announced that it will be entering into a Shareholders Agreement with Octave Japan Infrastructure Fund I GK (Octave), Rakuten Inc. (Rakuten), Noevir Holdings Co. Ltd. (Noevir), and Alpen Co. Ltd. (Alpen) to establish AirAsia Japan.