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India records 59,118 new COVID-19 cases in past 24 hours | Fire at Mumbai hospital: Patients evacuated | Covid negative report compulsory for entering Bengaluru from Apr 1 | Ambani bomb scare case: CCTV footage shows SUV owner met arrested cop Sachin Vaze | Bomb attack on Bengal Minister Jakir Hossain: NIA raids three locations in WB, Jharkhand | Happy that my first foreign visit after Covid hit will be to Bangladesh: PM Modi | Maharashtra records highest Covid cases with nearly 36,000 fresh infections, Mumbai above 5000 | If 30 pc Muslims unite in India, four Pakistans can be formed: Bengal TMC leader Sheikh Alam | Rajya Sabha passes NCT Bill, Arvind Kejriwal calls it a 'sad day of Indian democracy' | Dilip Ghosh faces backlash over his remark asking Mamata Banerjee to

Tata Power crosses 500 MW renewable energy capacity

Jun 10, 2014, at 07:03 pm

Kolkata, Jun 10 (IBNS): Indian integrated power utility Tata Power on Tuesday announced crossing the milestone of 500 MW renewable energy capacity with the commissioning of solar plant at Palaswadi, Maharashtra.

Sensex climbs to record high

Jun 10, 2014, at 03:06 pm

Mumbai, June 10 (IBNS) The Bombay Stock Exchange (BSE) Sensex on Tuesday climbed to a record high of 25,711.11.

Mahindra First Choice Wheels launches Autoinspekt

Jun 10, 2014, at 04:49 am

Kolkata, June 9 (IBNS): Mahindra First Choice Wheels Ltd. (MFCWL), country's multi-brand certified used car company, on Monday announced that it has registered a 50 percent growth in online vehicle sales through its eDiig (www.ediig.com) platform.

SMIL inks JV pact with Magneti Marelli

Jun 10, 2014, at 04:36 am

New Delhi, June 9 (IBNS): Samvardhana Motherson International Ltd. (SMIL) and Magneti Marelli Spa have signed a Joint Venture (JV) agreement in the field of shock absorbers for the automotive sector.

Committed to break the vicious cycle of high inflation: Jaitley

Jun 10, 2014, at 04:06 am

New Delhi, June 9 (IBNS): Union Finance Minister Arun Jaitley on Monday said the Centre is committed to break the 'vicious cycle of high inflation' and high interest rates.

Clay Craft India joins hands with Snapdeal.com

Jun 10, 2014, at 04:02 am

New Delhi, June 9 (IBNS): Manufacturer and retailer of bone china and ceramic tableware, Clay Craft India on Monday announced its strategic tie-up with country's largest online marketplace-Snapdeal.com.

MTS announces new offer

Jun 10, 2014, at 03:50 am

Kolkata, June 9 (IBNS): Sistema Shyam TeleServices Limited (SSTL) that provides telecom services under the brand MTS, on Monday introduced a new paradigm in mobile phone tariffs by launching 'Offer Ka Sikander', where it announced free talk-time bundled with the SIM-card for the new voice customers.

RCOM launches One India, One Rate Plans

Jun 10, 2014, at 03:24 am

Mumbai/Kolkata, June 9 (IBNS): Telecommunications service provider Reliance Communications on Friday announced the launch of 'One India, One Rate Plans', a free national roaming offer for post-paid and pre-paid GSM customers.

NABARD reduces rates of refinance

Jun 09, 2014, at 08:54 pm

New Delhi, Juen 9 (IBNS) The National Bank for Agriculture and Rural Development (NABARD) has reduced the rate of interest by 20 basis points (bps) on their long term refinance facility to banks with an objective to promote investments in agriculture.

Rupee trades at 59 per dollar

Jun 09, 2014, at 04:23 pm

Mumbai, June 9 (IBNS) With the Reserve Bank of India (RBI) reportedly buying dollars via state-run banks, the rupee on Monday strengthened at 59 per US dollar.

Sensex hits record high

Jun 09, 2014, at 03:19 pm

Mumbai, June 9 (IBNS) The Bombay Stock Exchange (BSE) Sensex on Monday jumped to 183 points to hit another record high 25,579.72.

Tata Steel bags JSPCB awards for environment protection

Jun 07, 2014, at 09:38 pm

Jamshedpur, Jun 7 (IBNS): Integrated private sector steel company, Tata Steel Group, was on Friday honoured with the prestigious 'JSPCB' award for commendable work done in the area of environmental protection and improvement on the account of 'World Environment Day'.

Volvo Cars teams up with Bowers & Wilkins

Jun 07, 2014, at 03:54 am

New Delhi, June 6 (IBNS): The new Volvo XC90, which will be revealed later this year, will offer drivers one of the top audio systems available in the automotive world after engineers at the Swedish car company joined forces with their counterparts at the British audio equipment company Bowers & Wilkins, Volvo Auto India said in a statement.

IKYA Group signs agreement to acquire Hofincons Infotech

Jun 06, 2014, at 10:46 pm

Chennai, June 6 (IBNS) IKYA group Friday announced the signing of definitive agreements to acquire Hofincons Infotech & Industrial Services from Transfield Services, Australia. ‎

Sensex ends above 25,000 points

Jun 06, 2014, at 09:28 pm

Mumbai, June 6 (IBNS) The Bombay Stock Exchange (BSE) Sensex on Friday rose over 374 points to end at 25,394.

Global food prices down in May: UN

Jun 06, 2014, at 06:32 pm

New York, Jun 6 (IBNS): The United Nations Food and Agriculture Organization (FAO) reported on Thursday that global food prices were down for the second straight month in May and that the outlook for worldwide cereal supply has improved considerably since last month.

Mercedes-Benz to manufacture new S-Class 350 CDI in India

Jun 06, 2014, at 04:41 am

Pune, June 5 (IBNS): Automobile major Mercedes-Benz India on Thursday commenced the local production of the New S-Class 350 CDI from its manufacturing facility at Chakan in Indian city of Pune.

ICICI Bank launches 'Creative Masters'

Jun 06, 2014, at 04:24 am

Mumbai, June 5 (IBNS): Private sector bank ICICI Bank Ltd has launched 'Creative Masters', an online drawing competition where participants can draw a depiction of a social cause such as education for less privileged children, save a girl child or support the elderly.

Mahindra launches limited edition 'XUV500 Sportz'

Jun 06, 2014, at 01:39 am

Mumbai, June 5 (IBNS): SUV manufacturer Mahindra & Mahindra Ltd. (M&M), on Thursday announced the launch of the limited edition 'XUV500 Sportz' built on its W8 model.

Micromax appoints Sanjay Kapoor as chairman

Jun 06, 2014, at 12:57 am

New Delhi, June 5 (IBNS): Smartphone player and leading consumer electronics brand Micromax on Thursday announced the induction of Sanjay Kapoor, former CEO of Bharti Airtel to the Micromax promoter group and Chairman of the board with immediate effect.

BSE Sensex, Nifty close at record high

Jun 05, 2014, at 10:29 pm

Mumbai, June 5 (IBNS) The BSE Sensex on Thursday closed at a record 25,019.51 at 0.86 percent higher (up 214 points) breaking all previous records while the Nify gained 0.97 percent to 7,474.10.

Suzlon Group bags new order from ReNew Wind Power

Jun 05, 2014, at 08:27 pm

Pune, June 5 (IBNS): Wind turbine manufacturer Suzlon Group on Thursday announced that it has been awarded a 100.8 MW order by ReNew Wind Power, an IPP in the wind energy sector.

Volvo invites registrations for mobility awards

Jun 05, 2014, at 08:25 pm

New Delhi, June 5 (IBNS): Volvo Buses in India has opened registrations for the 'Volvo Sustainable Mobility Awards 2014', inviting stakeholders from among citizen groups/NGOs, organisations/ consultancies, and institutions among others, to participate in the 4th Edition of the awards.

JSW Steel wins Prime Minister's Trophy

Jun 05, 2014, at 06:31 pm

Mumbai, Jun 5 (IBNS): Steel manufacturer JSW Steel on Thursday said it has won the prestigious Prime Minister's Trophy for excellence in performance for the year 2012-13.

GVK EMRI awarded PPP Initiative of the year in Health care

Jun 05, 2014, at 03:02 am

Hyderabad, June 4 (IBNS): GVK EMRI (Emergency Management and Research Institute), the emergency service provider in India, has been awarded the 'Public Private Partnership (PPP) Initiative of the Year in Health care' at the National Summit on ICT in Healthcare organized by ASSOCHAM.

Genpact extends partnership with Kimberly-Clark

Jun 04, 2014, at 11:23 pm

New York, Jun 4 (IBNS): Genpact Limited, one of the global leaders in transforming and running business processes and operations, on Tuesday announced that it will continue to partner with global consumer product goods (CPG) leader Kimberly-Clark to provide and optimize finance and accounting services (F&A), including a number of industry-specific functions such as supply chain accounting.

UN helps landlocked developing countries to harness trade

Jun 04, 2014, at 05:14 pm

New York, Jun 4 (IBNS): Ahead of a major United Nations conference on landlocked development countries (LLDCs) set for later this year, delegates at a high-level meeting in Mongolia have called for the immediate ratification of an agreement which will help boost trade and make it easier for these countries to participate competitively in global markets.

AirAsia India sells 25,000 promo seats within 48 hours of opening

Jun 04, 2014, at 04:27 am

New Delhi, June 3 (IBNS): AirAsia India on Tuesday announced that it has sold out 25,000 promo seats, within 48 hours of opening for bookings.

Tata Motors, eBay India launch Safari Storme

Jun 04, 2014, at 04:08 am

New Delhi, June 3 (IBNS): Tata Motors and eBay India (www.ebay.in), an eCommerce marketplace, have announced the launch of a brand store for the Tata Safari Storme (www.ebay.in/safaristorme).

Microsoft Devices announce launch of Nokia 225

Jun 04, 2014, at 03:16 am

New Delhi, June 3 (IBNS): Microsoft Devices on Tuesday announced the launch of Nokia 225, a device which underlines the company's commitment to connect the next billion to the Internet.