Sensex snaps rally, trades flat
May 20, 2014, at 06:37 pm
Mumbai, May 20 (IBNS): The BSE Sensex traded flat on Tuesday as investors dumped recently-gaining stocks such as Coal Inda, ONGC and Reliance Industries to book profits.
UN highlights growing role of aquaculture in providing jobs
May 20, 2014, at 05:32 pm
New York, May 20 (IBNS): A new United Nations report highlights the growing role of fish and aquaculture in feeding the world and providing a source of income, and calls for the sustainable and responsible management of the so-called 'blue world.'
Q1 2014 gold demand shows core fundamentals remain robust
May 20, 2014, at 03:52 pm
New Delhi, May 20 (IBNS) The latest World Gold Council Gold Demand Trends report, which covers the period January-March 2014, shows a return to the long-term quarterly average demand trends established over the past 5 years.
ICICI Bank launches redesigned website
May 20, 2014, at 04:56 am
Mumbai, May 19 (IBNS): Private sector bank ICICI Bank on Monday announced the launch of its redesigned website www.icicibank.com to offer its customers an enhanced experience across devices such as desktops, mobiles and tablets.
Baheti takes charge as MD & CEO of IDBI Asset Management
May 20, 2014, at 04:25 am
Mumbai, May 19 (IBNS): Satya Narayan Baheti has been appointed as MD & CEO of IDBI Asset Management Ltd.
JSA's Sajai Singh appointed as ITechLaw President
May 20, 2014, at 04:00 am
Massachusetts, May 19 (IBNS): J. Sagar Associates (JSA) on Monday announced the appointment of its Partner-Sajai Singh as the first Asian President of the International Technology Law Association (ITechLaw) headquartered in Massachusetts, USA.
Tata Global Beverages' UK subsidiary acquires equity stake in Bronski Eleven Pty Ltd
May 20, 2014, at 01:27 am
New Delhi, May 19 (IBNS) Tata Global Beverages' UK subsidiary has acquired a 100 percent stake in the equity capital of Bronski Eleven Pty Ltd, Australia, engaged in coffee business under the MAP brand.
Emirates launches offers for Indian travellers
May 20, 2014, at 12:01 am
Kolkata, May 19 (IBNS): United Arab Emirates (UAE) based airline, Emirates recently announced a range of offers available for the Indian travellers this summer.
Sensex rallies 200 points on BJP hope
May 19, 2014, at 07:11 pm
Mumbai, May 19 (IBNS): The Bombay Stock Exchange (BSE) Sensex and the National Stock Exchange (NSE) Nifty on Monday traded higher on continued optimism due to an election win by Narendra Modi-led Bharatiya Janata Party (BJP).
May 19, 2014, at 02:47 pm
Mumbai, May 19 (IBNS) The Indian rupee on Monday opened at 58.55 versus the US dollar, the highest since June 18, 2013.
Tata Steel, L&T IDPL divest their stake in Dhamra Port
May 17, 2014, at 04:26 am
Mumbai, May 16 (IBNS): L&T Infrastructure Development Projects Limited and Tata Steel Limited, on Friday announced that they have executed a definitive agreement with Adani Ports & Special Economic Zone to sell 100% stake in the Dhamra Port Company Limited for an Enterprise Value of around Rs 5,500 crore.
Indian rupee hits 11-month high against dollar
May 17, 2014, at 02:05 am
New Delhi, May 16 (IBNS): On a day when riding on a tsunami of popular support Bharatiya Janata Party (BJP)'s prime ministerial candidate Narendra Modi scripted a historic win for the National Democratic Alliance (NDA) and earned a single majority for his own party, Indian rupee on Friday closed at a 11-month high at 58.79 against the US dollar.
Market opens high as early trends show NDA leading
May 16, 2014, at 03:02 pm
Mumbai, May 16 (IBNS) With early trends showing BJP-led NDA leading in most states, markets on Friday opened at a life high.
Arvind Q4 revenue up by 34 pct at Rs. 1879 cr
May 16, 2014, at 03:52 am
New Delhi, May 15 (IBNS): Arvind Limited, one of the largest integrated textile and branded apparel players has recorded strong growth in the consolidate revenue by 34 percent at Rs. 1879 crores for the quarter ended 31st March 2014, as against Rs. 1406 crores in the corresponding quarter of the previous year.
Epson supports Android Kitkat native printing
May 16, 2014, at 02:58 am
New Delhi, May 15 (IBNS): Committed to driving simple wireless printing anywhere, anytime, Epson on Thursday announced support for Android Printing, the native printing platform introduced in Android1 KitKat (version 4.4).
Reliance Jio, Tower Vision sign tower sharing agreement
May 16, 2014, at 01:37 am
New Delhi / Mumbai, May 15 (IBNS): Reliance Jio Infocomm Limited ("Reliance Jio"), a subsidiary of Reliance Industries Limited (RIL) and the first telecom operator to hold a Pan-India Unified License, and Tower Vision India, an independent tower company in India, have entered into a MSA (Master Service Agreement) for tower sharing.
Bharti Airtel appoints Srikanth Karra as Director - Human Resources
May 16, 2014, at 12:14 am
New Delhi, May 15 (IBNS): Global telecommunications company Airtel Limited on Thursday announced the appointment of Srikanth Karra as Director - Human Resources for its India & South Asia operations.
Snapdeal back with 'Savings Day'
May 15, 2014, at 10:00 pm
New Delhi, May 15 (IBNS): Indian online marketplace, Snapdeal.com on Thursday hosted the second edition of the 'Snapdeal Savings Day', a flagship initiative and in line with the commitment to customers of offering the widest range of products at 'best' prices.
April inflation stands at 5.2 pct
May 15, 2014, at 07:35 pm
New Delhi, May 15 (IBNS): Wholesale Price Index (WPI)-based inflation reduced to 5.2 percent in April from 5.7 percent in March, a government data showed on Thursday.
Tata Motors reports global wholesales at 75,026
May 15, 2014, at 07:30 pm
Kolkata, May 15 (IBNS): Automobile company Tata Motors Group on Thursday reported that the global wholesales in April 2014, including Jaguar Land Rover, were 75,026 nos.
Airtel launches mobile app for live poll results
May 15, 2014, at 07:11 pm
Kolkata, May 15 (IBNS): Airtel digital TV, the DTH service arm of telecom operator Bharti Airtel recently launched the free for its customers mobile application – Pocket TV, enabling them to stay tuned to live television action all day.
Groupe SEB to take full control of Maharaja Whiteline
May 15, 2014, at 03:14 am
New Delhi, May 14 (IBNS): Domestic appliance providers Maharaja Whiteline on Wednesday announced that an agreement has been finalized with France’s Groupe SEB who will acquire the remaining 45 percent stake of Maharaja Whiteline.
Nimyle launches brand refresh to take on national players
May 15, 2014, at 03:04 am
Kolkata, May 14 (IBNS): Arpita Agro Products (P) Ltd. has launched its first brand refresh for household hygiene flagship product Nimyle with a series of physical and brand makeovers.
Shakti Pumps records 41.4 pct growth
May 15, 2014, at 02:51 am
New Delhi, May 14 (IBNS): Manufacturer of 100% stainless steel pumpsets in India, Shakti Pumps, with exports to over 100 countries, on Wednesday reported total revenue of Rs. 306.74 crore for the year ended March 31, 2014, which is a 41.4 percent growth.
Mahindra Group expands its footprint in the United States
May 15, 2014, at 02:49 am
Ann Arbor, May 14 (IBNS): Michigan Governor, Rick Snyder joined Anand Mahindra, Chairman, Mahindra Group on Wednesday in Ann Arbor to inaugurate the Mahindra GenZe electric two-wheeler facility and the North American Technical Center in south-east Michigan.
SAP fortifies its cloud strategy for India
May 15, 2014, at 02:48 am
Mumbai, May 14 (IBNS): SAP India, a subsidiary of SAP AG on Wednesday, announced a unified strategy of delivering next-generation cloud solutions to enable customers better manage their critical assets and relationships, namely HR, finance, customer and procurement.
Jaguar to build re-production of Lightweight E-Type
May 15, 2014, at 02:17 am
Mumbai, May 14 (IBNS): Automobile giant Jaguar is to build six perfect reproductions of the original, race-bred Lightweight E-type that was created in 1963.
DB Schenker's newest facility in Singapore awarded
May 15, 2014, at 12:36 am
Singapore/India, May 14 (IBNS): DB Schenker's newest integrated logistics facility in Singapore, set to be completed in May 2014, has bagged the Green Mark Platinum award, the highest standard under the Singapore’s Building & Construction Authority (BCA) Green Mark scheme.
SVLL Connect places order of 2,000 cars to Tata Motors
May 14, 2014, at 11:51 pm
Mumbai / Kolkata, May 14 (IBNS): Tata Motors on Wednesday announced that SVLL Connect Pvt. Ltd., a group company of Siddhi Vinayak Logistic Ltd., has placed a record order of 2,000 passenger vehicles, spanning one year.
Tata Motors launches Tata Prima heavy trucks in Qatar
May 14, 2014, at 11:32 pm
Doha, May 14 (IBNS): Automobile manufacturer Tata Motors on Wednesday launched three new next-generation heavy trucks from its Prima range of commercial vehicles in Qatar, along with its partner, Al-Hamad Automobiles