Travelport, AirAsia India sign distribution agreement
Nov 05, 2014, at 01:14 am
New Delhi/Singapore, Nov 4 (IBNS): Travelport, a leading Travel Commerce Platform providing distribution, technology, payment and other solutions for the $7 trillion global travel and tourism industry, on Tuesday announced a new distribution agreement with AirAsia India which will see the carrier distribute all of its fares and ancillary services through Travelport’s Travel Commerce Platform.
Esprit selects Mindtree as strategic IT partner
Nov 05, 2014, at 01:10 am
Ratingen (Germany)/Bangalore (India), Nov 4 (IBNS): Mindtree, a global technology services company, on Tuesday announced that it is working with international fashion brand Esprit to deliver IT solutions that will make Esprit more competitive.
Jet Airways introduces additional frequencies from Mumbai to Far East
Nov 05, 2014, at 12:54 am
Mumbai, Nov 4 (IBNS): International airline Jet Airways has enhanced its global connectivity with the introduction of additional frequencies from Mumbai to Far East and the gulf region.
ICICI Bank inaugurates 100th branch in Odisha
Nov 05, 2014, at 12:53 am
Bhubaneswar, Nov 4 (IBNS): Private sector bank ICICI Bank Ltd on Tuesday announced the inauguration of its 100th branch in Odisha.
L&T Technology Services and Tele2 announce strategic M2M/IoT partnership
Nov 04, 2014, at 07:29 pm
Mumbai/Stockholm, Nov 4 (IBNS) L&T Technology Services, a wholly owned subsidiary of Engineering major, Larsen & Toubro, announced Tuesday that it has partnered with Europe based telecom operator Tele2 to jointly develop solutions around Machine-to-Machine (M2M) and Internet of Things (IoT).
GreenField Software appoints Parikshit Bhaduri as VP development
Nov 04, 2014, at 04:07 am
New Delhi, Nov 3 (IBNS): Data Center Infrastructure Management provider, GreenField Software has strengthened its Technology Leadership by bringing board a technology veteran, Parikshit Bhaduri, as VP-Product Development.
M&M ties up with Abhyudaya Co-operative Bank for car loans
Nov 04, 2014, at 04:02 am
Mumbai, Nov 3 (IBNS): SUV manufacturer Mahindra & Mahindra Ltd. (M&M Ltd.) has signed a Preferred Financier agreement with Abhyudaya Co-operative Bank, Manchar.
Flipkart launches app for Android wearable technology
Nov 04, 2014, at 02:17 am
New Delhi, Nov 3 (IBNS): E-commerce marketplace Flipkart has launched an app compatible with the Android wearable technology.
Emirates SkyCargo Connects Budapest to a World of Trade
Nov 03, 2014, at 11:48 pm
Kolkata, Nov 3 (IBNS): Emirates SkyCargo, the freight division of Emirates and a global connector of business and trade, has strengthened its operations in central Europe with the recent launch of cargo services to Budapest.
President inaugurates ASSOCHAM Summit on livelihood security
Nov 03, 2014, at 09:17 pm
New Delhi, Nov 3 (IBNS) President of India Pranab Mukherjee inaugurated a Summit on 'Livelihood Security: Realizing the vision for 1.3 billion Indians organized by ASSOCHAM at Vigyan Bhawan here on Monday.
Tata Steel's Coke Oven Battery # 3 retires
Nov 02, 2014, at 08:17 pm
Jamshedpur, Nov 2 (IBNS) : Coke Oven Battery # 3 at the Jamshedpur Works of Tata Steel retired on Nov 1, 2014 after serving the steel behemoth for 40 years, said the steel making giant on Sunday.
TVS Motor Company posts 22% sales growth in October
Nov 02, 2014, at 02:25 am
Hosur, Nov 1 (IBNS) : TVS Motor Company on Saturdays aid it has posted a sales growth of 22 percent during the month of October 2014, with total sales increasing from 197,905 units recorded in the month of October 2013 to 241,044 units in the month of October 2014.
Honda Cars India Ltd. clocks 18% sales growth in October
Nov 02, 2014, at 01:53 am
New Delhi, Nov 1 (IBNS): Premium car manufacturer Honda Cars India Ltd. (HCIL) on Saturday said it has registered monthly domestic sales of 13,242 units in October 2014, witnessing a growth of 18 percent.
Nov 01, 2014, at 06:28 am
New Delhi, Oct 31 (IBNS) Cigarettes and consumer goods maker ITC Ltd on Friday said its Net Revenue has grown by 14.8 percent to stand at Rs. 8930.32 crores for the quarter that ended on Sept 30.
Indian market continues its climb
Nov 01, 2014, at 05:15 am
Mumbai, Oct 31 (IBNS): The Indian market continued to show positive surges on Friday with both the Sensex and the Nifty touching record high figures for the second consecutive day.
Morningstar rates all of Edelweiss Tokio Life Insurance's funds 5 Stars
Nov 01, 2014, at 05:10 am
New Delhi, Oct 31 (IBNS): Edelweiss Tokio Life Insurance,the life insurance arm of Edelweiss Financial Services Ltd, on Friday announced that it has all its individual ULIP funds rated 5 stars by Morningstar, indicating superior fund performance.
Narula Institute of Technology places focus on latest developments in computational advancement
Nov 01, 2014, at 05:10 am
Kolkata, Oct 31 (IBNS) Narula Institute of Technology, a flagship college under JIS Group Educational Initiatives, recently organized an International Conference on Computational Advancement in Communication Circuits and Systems.
Growth in 8 core sector industries slows to 1.9 pct
Nov 01, 2014, at 04:48 am
New Delhi, Oct 31 (IBNS): The eight core sector industries' growth has slowed down to 1.9 per cent in September, official data showed on Friday.
Whirlpool Q2 profit jumps 2.5 times, revenue up by 21%
Nov 01, 2014, at 04:35 am
Kolkata, Oct 31 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation, the home appliance company, on Friday announced solid operating results for the second quarter of 2014-15, where its total income of Rs. 744.6 Cr. grew by 21% and Profit after Tax at Rs. 40.7 Cr. was 2.5 times higher than the same quarter last year.
JK Lakshmi posts 27% sales, growth PAT up 197%
Nov 01, 2014, at 04:34 am
New Delhi, Oct 31 (IBNS): JK Lakshmi Cement has reported a double digit growth of 11% and 13% in production and sales respectively in Jul-Sept 2014 quarter of the corresponding quarter over the previous year.
Nov 01, 2014, at 03:57 am
New Delhi, Oct 31 (IBNS): Private sector bank ICICI Bank Ltd has partnered with the Ministry of Road Transport & Highways, National Highway Authority of India (NHAI) and Indian Highways Management Company Limited (IHMCL) for the launch of the Electronic Toll Collection (ETC) programme on the National Highway 8 (NH-8).
Magma Fincorp wins Gold at LACP Global Spotlight Awards 2014
Nov 01, 2014, at 03:35 am
Kolkata, Oct 31 (IBNS): Retail asset finance companies Magma Fincorp Ltd. has won a Gold Award at LACP (League of American Communications Professionals) Spotlight Awards 2014, a global competition of corporate communication materials.
Suzlon posts positive EBITDA for 3rd consecutive quarter
Nov 01, 2014, at 02:39 am
Pune, Oct 31 (IBNS): Wind turbine manufacturer Suzlon Group on Friday announced its results for the Q2 FY15 where it posted a positive EBITDA for 3rd consecutive quarter.
DuPont opens Multi-Crop Research Centre in Hyderabad
Nov 01, 2014, at 02:19 am
Kolkata/Hyderabad, Oct 31 (IBNS): DuPont leaders and employees joined together to inaugurate its newest multi-crop research centre (MCRC) in Hyderabad on Friday.
Nov 01, 2014, at 02:13 am
New Delhi, Oct 31 (IBNS): Giving relief to consumers, petrol price was reduced by Rs. 2.41 per litre and the price of diesel was slashed by Rs. 2.25 per litre, officials said on Friday.
Amit Mitra unveils raft of investment opportunities in West Bengal
Oct 31, 2014, at 10:45 pm
New Delhi, Oct 31 (IBNS): West Bengal Finance Minister Amit Mitra on Friday unveiled the huge investment opportunities available in West Bengal in various sectors including manufacturing, food processing, MSME, textiles, urban infrastructure & housing, hospitality & tourism, entertainment, healthcare, education & skill development, energy & infrastructure and IT software & hardware.
Sensex, Nifty touch record high
Oct 31, 2014, at 04:36 pm
Mumbai, Oct 31 (IBNS): BSE Sensex and Nifty rose to fresh highs on Friday for the second consecutive day. Sensex and Nifty have risen for the ninth time in the past 10 sessions.
Rwanda accelerates move to cashless economy by joining UN-backed alliance
Oct 31, 2014, at 03:42 pm
New York, Oct 31 (IBNS) The Government of Rwanda moved on Thursday to accelerate plans to transform into a cashless economy by joining a United Nations-backed initiative that supports countries’ transitions to electronic payments.
Bosch forecasts strong growth in India
Oct 31, 2014, at 06:02 am
Bangalore/Kolkata/Stuttgart,Oct 30 (IBNS) The Bosch Group is forecasting further strong growth for India over the next few years, and expects to see positive economic development in the country over the medium and long term.
Mahindra Logistics partners with Indian Vehicle Carriers
Oct 31, 2014, at 04:38 am
Mumbai/Kolkata, Oct 30 (IBNS): Mahindra Logistics Ltd. (MLL), on Thursday announced a partnership with Indian Vehicle Carriers Pvt Ltd. (IVC), to be branded as 2x2 Logistics, aimed at launching assetized operations in outbound automotive logistics.