Infosys to appoint Vishal Sikka as CEO & MD
Jun 12, 2014, at 02:51 pm
Bangalore, June 12 (IBNS): The Infosys Board of Directors on Thursday announced the selection of Dr. Vishal Sikka as the Chief Executive Officer and Managing Director (CEO & MD) of the company.
Harsimrat Kaur Badal meets ASSOCHAM, Nestle representatives
Jun 12, 2014, at 04:56 am
New Delhi, June 11 (IBNS) Minister of Food Processing Industries Harsimrat Kaur Badal met the representatives of ASSOCHAM and Nestle in New Delhi on Wednesday.
India, World Bank sign agreement for DPL loan to Himachal
Jun 12, 2014, at 04:54 am
New Delhi, June 11 (IBNS): Credit Agreement for World Bank DPL Loan of US$ 100 million for promoting Inclusive Growth and Sustainable Development has been signed between the Government of India, the World Bank and the Government of Himachal Pradesh in New Delhi on Wednesday.
RCOM expands 3G footprint to 18 circles
Jun 12, 2014, at 04:28 am
New Delhi/Kolkata, June 11 (IBNS): Telecommunications Service Provider Reliance Communications on Wednesday announced the launch of its Next-Gen 3G services in 5 more telecom circles-Karnataka, Andhra Pradesh, Tamil Nadu, Kerala and UP-East, thereby expanding its 3G footprint to 18 circles across the country.
Jaguar Land Rover sales rise 20 pct in May
Jun 12, 2014, at 02:31 am
New Delhi, June 11 (IBNS) Manufacturer of premium luxury vehicles Jaguar Land Rover delivered a strong sales performance in May, retailing 38,831 vehicles in the month, up by 20 percent versus the same period last year.
Logitech strengthens its wireless portfolio in Kolkata
Jun 11, 2014, at 11:41 pm
Kolkata, June 11 (IBNS) Logitech India, the market leader in computer peripherals, Wednesday showcased their comprehensive line-up of wireless products, which comprises of wireless keyboards and mice, portable speakers, cases and keyboard for iPad Air and iPad mini, headsets and Bluetooth speakers.
Indian CFOs plan to increase investment activities: Survey
Jun 11, 2014, at 11:40 pm
Kolkata, Jun 11 (IBNS): The seventh annual American Express/CFO Research Global Business and Spending Monitor recently noted that the senior Indian finance executives are bullish about the domestic economy and the balance is shifting more towards a growth outlook with business confidence on a high.
ICICI Foundation signs MoUs with industry for job training
Jun 11, 2014, at 10:57 pm
Mumbai, June 11 (IBNS): ICICI Academy for Skills (ICICI Academy), an institute set up by the ICICI Foundation for Inclusive Growth (ICICI Foundation) to create sustainable livelihood for the youth, announced the signing of agreements with Spencers Retail Ltd, Bluechip Corporate Investment Centre Ltd and AkzoNobel India Ltd.
ICC presents pre-budget suggestions to MoF
Jun 11, 2014, at 09:18 pm
Kolkata, Jun 11 (IBNS): A delegation of senior industrialists and businessmen from the Indian Chamber of Commerce (ICC), Calcutta on Tuesday presented the pre-budget suggestions for 2014 - 15 to the senior officials of the Ministry of Finance (MoF).
Indian Railways freight traffic up 4.16 per cent
Jun 11, 2014, at 09:16 pm
New Delhi, June 11 (IBNS) Indian Railways have carried 180.63 million tonnes of revenue earning freight traffic during 1st April-31st May 2014.
India's exports up by 12.40 per cent
Jun 11, 2014, at 09:14 pm
New Delhi, June 11 (IBNS) Exports during May, 2014 were valued at US $ 27998.50 million (Rs.166045.09 crore) which was 12.40 per cent higher in Dollar terms (21.17 per cent higher in Rupee terms) than the level of US $ 24910.59 million (Rs. 137035.13 crore) during May, 2013.
Hotel Sahara Star bags TripAdvisor award
Jun 11, 2014, at 08:24 pm
Mumbai, Jun 11 (IBNS): Hotel Sahara Star, the flagship hotel of Sahara India Pariwar, was recently honoured with the Trip Advisor 'Certificate of Excellence' award for the year 2014.
Jaitley holds pre-budget consultations with representative of banks
Jun 10, 2014, at 11:54 pm
New Delhi, June 10 (IBNS): Union Finance Minister Arun Jaitley on Tuesday said that slow down of economic growth coupled with high inflationary pressure poses a challenge to the economic environment.
Idea joins IOCL to service LPG consumers
Jun 10, 2014, at 09:18 pm
Kolkata, Jun 10 (IBNS): Mobile operator Idea Cellular and oil marketing company Indian Oil Corporation Ltd (IOCL) have entered into a long-term agreement for servicing over 82 million LPG consumers of ‘Indane’.
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.
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.
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.
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.
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.