Reliance Communications records Rs. 156 cr net profit in Q4
May 03, 2014, at 03:16 am
Mumbai, May 2 (IBNS): Reliance Communications Limited (RCOM) on Friday announced its consolidated financial results for the quarter ended March 31, 2014, where it posted its revenue it posted its net profit at Rs. 156 crore, which is up 43.9 percent from Rs. 108 crore in Q3.
Tata Motors April sales at 33,892 nos.
May 02, 2014, at 10:24 pm
SAIL begins financial year with double-digit growth in sales
May 02, 2014, at 10:02 pm
New Delhi, May 2 (IBNS) Steel Authority of India Limited (SAIL) has registered a growth of 14 per cent in sales in the month of April 2014, with 8.1 lakh tonnes sales, including 66% increase in exports as compared to April 2013.
Airtel launches 4G internet in Tricity
May 02, 2014, at 07:00 pm
New Delhi, May 2 (IBNS): Global telecommunications company Bharti Airtel Limited in association with Apple Inc., on Friday launched 4G on mobile in Chandigarh, Mohali and Panchkula.
May 02, 2014, at 04:45 pm
Kolkata, May 2 (IBNS) Edelweiss Financial Services, one of India's leading diversified financial services company, has announced the acquisition of Mumbai based Forefront Capital Management Pvt. Ltd, a high net worth focused asset management company that spans the alternative as well as the traditional investment space.
Ford sells 13,297 vehicles in April
May 02, 2014, at 03:09 pm
New Delhi, May 2 (IBNS) Automobile major Ford India recorded 83 percent increase in sales in April, selling 13,297 vehicles in combined domestic wholesales and exports, compared to 7,270 units sold in the corresponding period last year.
SAP enhances support experience to lead customers to cloud
May 02, 2014, at 03:30 am
Walldorf, Germany, May 1 (IBNS): Enterprise application software SAP AG on Thursday said it is making it easier than ever for companies to tap into the agility and innovation of the cloud and drive innovation based on the SAP HANA platform, to take their business to new levels.
Bata records net sales of Rs. 49, 512 lakhs
May 02, 2014, at 03:17 am
New Delhi, May 1 (IBNS): Footwear retailer and manufacturer Bata India on Thursday announced its financial results for the quarter ending Mar 31 where its net sales for the quarter were Rs. 49,512 Lakhs and operating profit was Rs.5,217 Lakhs.
Ford Sells 13,297 Vehicles in April
May 02, 2014, at 01:56 am
New Delhi, May 1 (IBNS): Ford India recorded 83 percent increase in sales in April, selling 13,297 vehicles in combined domestic wholesales and exports, compared to 7,270 units sold in the corresponding period last year.
Honda Cars India Ltd. registers 30% growth
May 01, 2014, at 08:26 pm
New Delhi, May 1 (IBNS) Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, recorded a monthly domestic sales of 11,040 units in April 2014 registering a growth of 30% owing to the success of the all new Honda City and strong sales momentum for Honda Amaze.
Hyundai domestic sales up by 8.8%
May 01, 2014, at 07:51 pm
New Delhi, May 1 (IBNS): Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, registered the domestic sales of 35,248 units and exports of 14,974 units with cumulative sales of 50,222 units for the month of April 2014.
Suntory Holdings completes acquisition of Beam Inc.
May 01, 2014, at 07:07 pm
Osaka, May 1 (IBNS): Japanese brewing and distilling company Suntory Holdings Limited on Wednesday completed the acquisition of all outstanding shares in American manufacturer of spirits, Beam Inc., or USD 83.50 per share, here.
Intel outlines growth opportunities for partners
May 01, 2014, at 07:05 pm
Singapore, May 1 (IBNS): Multinational semiconductor chip maker corporation Intel recently asserted that Tablets, 2 in 1s, reimagined desktops, servers and the Internet of Things (IoT) represent key growth opportunities for partners over the next twelve months, here.
Acer launches ICONIA W4 3G on FB
May 01, 2014, at 03:58 am
New Delhi, Apr 30 (IBNS): After successfully launching the ICONIA W4, Acer India, the country’s leading PC vendor, has introduced its latest 3G enabled ICONIA W4 tablet on social networking site Facebook.
AMFI-WB confers life-time achievement award to Ajit Maity
Apr 30, 2014, at 11:38 pm
Kolkata, Apr 30 (IBNS): The West Bengal Chapter of Association of Microfinance Institutions (AMFI) on Wednesday awarded the Lifetime Achievement Award to Ajit Maity, Chairman, Village Financial Services (VFS) Pvt Ltd, for his contribution to the micro finance sector in Eastern India.
ICICI Bank opens 100th Chennai branch
Apr 30, 2014, at 11:37 pm
Chennai, Apr 30 (IBNS) ICICI Bank Ltd Wednesday inaugurated a new branch at Ashok Nagar in Chennai, becoming the first private sector bank to have 100 branches in the city.
Autodesk unveils 2015 design suites in India
Apr 30, 2014, at 10:41 pm
New Delhi, Apr 30 (IBNS): Multinational software corporation Autodesk, Inc. on Wednesday announced the release of its Autodesk 2015 design suites in India, featuring tighter integration with Autodesk cloud services.
TGIF hosts Tata Innovista 2014
Apr 30, 2014, at 10:35 pm
Kolkata, Apr 30 (IBNS): The group-wide programme, ‘Tata Innovista 2014’ organised by the Tata Group Innovation Forum (TGIF) to encourage, recognise and showcase outstanding innovations done by Tata companies across the globe, received over 1700 entries this year, the officials informed.
CEAT Revenue up 10% in FY13-14
Apr 30, 2014, at 05:26 pm
Kolkata, Apr 30 (IBNS) CEAT Limited, an RPG Group company, announced its audited results for the financial year ending March 31, 2014.
Rupee opens at 60.36 per dollar
Apr 30, 2014, at 04:36 pm
Mumbai, Apr 30 (IBNS): The Indian rupee opened at 60.36 against the US dollar during early trade on Wednesday.
Volvo Auto to open four showrooms across India
Apr 30, 2014, at 04:42 am
Kolkata, Apr 29 (IBNS) Swedish luxury car maker Volvo Auto India is strengthening its foothold in the country by opening its 4 showrooms across key cities within the next one month, said the company on Tuesday.
Diebold turns to Accenture to enhance business processes
Apr 30, 2014, at 02:36 am
New York, Apr 29 (IBNS): Diebold and Accenture on Tuesday announced a multi-year agreement in which Diebold will engage with Accenture to provide the company with finance and accounting (F&A), human resources (HR), and procurement business process outsourcing (BPO) services to support Diebold’s broader transformation strategy.
Ford India launches 2014 Endeavour
Apr 29, 2014, at 09:37 pm
Chandigarh, Apr 29 (IBNS): Automobile manufacturer Ford India on Tuesday launched the new 2014 Ford Endeavour, the latest edition of its true-blue, all-terrain SUV, featuring dynamic new styling and adrenaline pumping features, in Chandigarh.
Mindtree opens second US delivery center
Apr 29, 2014, at 09:33 pm
Bangalore, Apr 29 (IBNS): Indian global information technology solutions company Mindtree recently expanded its US operations by launching a delivery center in Redmond, Washington.
Arbor reports spike in DDoS attack driven by NTP
Apr 29, 2014, at 07:04 pm
Bangalore, Apr 29 (IBNS): Software company providing network security, Arbor Networks Inc., on Tuesday noted an unprecedented spike in volumetric attacks, driven by the proliferation of Network Time Protocol (NTP) reflection/amplification attacks.
Rupee opens at 60.62 per dollar
Apr 29, 2014, at 03:50 pm
Mumbai, Apr 29 (IBNS): The Indian rupee opened marginally higher at 60.62 against the US dollar during early trade on Tuesday.
Nokia appoints Rajeev Suri as CEO
Apr 29, 2014, at 03:05 pm
Espoo, Finland, Apr 29 (IBNS) Having completed the sale of substantially all of its Devices & Services business to Microsoft on Apr 25, Finnish telecommunications gear maker Nokia on Tuesday announced the appointment of Rajeev Suri as its President and Chief Executive Officer (CEO), effective May 1.
TTC Singapore announces two management changes
Apr 29, 2014, at 03:06 am
Singapore, Apr 28 (IBNS): International travel group The Travel Corporation (TTC), with over 25 award-winning brands such as Trafalgar's Guided Holidays, Insight Vacations, Contiki Holidays, Uniworld Boutique River Cruises and Red Carnation Hotels, on Monday announced two management changes - the return of Robin Yap as "President - The Travel Corporation Asia", with effect from May 1 this year, and Nick Lim taking on an expanded role at Trafalgar as “President - Trafalgar Asia†as well as being promoted to "President - The Travel Corporation India".
Tata Steel commissions Coke Oven Battery
Apr 29, 2014, at 01:47 am
Jamshedpur, Apr 28 (IBNS): Tata Steel’s new Coke Oven Battery #11 was commissioned on Monday by Cyrus P. Mistry, Tata Group Chairman at Jamshedpur.
Jute industry in dire straits in West Bengal: IJMA
Apr 28, 2014, at 10:38 pm
Kolkata, Apr 28 (IBNS) The Indian Jute Mills Association (IJMA) in a press release has underlined the present pathetic condition of the industry in West Bengal.