POSCO signs MOU with PNC Infratech
Jun 16, 2014, at 10:45 pm
Kolkata, June 16 (IBNS) POSCO Engineering & Construction India, a wholly owned subsidiary of South Korean POSCO E&C Co. Ltd., signed a Memorandum of Understanding with infrastructure company PNC Infratech Ltd. Friday to jointly develop and execute infrastructure projects in India and neighbouring countries.
IWAI explores inland water transport facility from Norway
Jun 16, 2014, at 08:45 pm
Kolkata, Jun 16 (IBNS): The Inland Waterways Authority of India (IWAI), under the Ministry of Shipping, has started exploring the possibility of providing the country an environment-friendly, economic and safer navigational facility through technology transfer from Norway.
WPI inflation rises to 6.01% in May
Jun 16, 2014, at 07:55 pm
New Delhi, June 16 (IBNS) India's inflation rate based on wholesale prices shot to a 5-month high at 6.01% in May compared to 5.20% in April, revealed government figures on Monday.
L&T Construction wins orders valued Rs. 1027 Cr
Jun 14, 2014, at 05:52 am
Mumbai, June 13 (IBNS): L&T Construction on Friday informed that it has won new orders worth Rs.1027 crore across various business segments in May and June 2014.
Iron ore pellets: ASSOCHAM submits memorandum to Minister
Jun 14, 2014, at 04:43 am
New Delhi, June 13 (IBNS): Apex industry body ASSOCHAM on Friday called on Commerce and Industry Minister Nirmala Sitharaman and submitted a memorandum while strongly suggesting the new regime to impose 30 per cent export duty on iron ore pellets in interest of the domestic steel industry.
Global crude oil price of Indian Basket increases
Jun 13, 2014, at 09:27 pm
New Delhi, June 13 (IBNS) The international crude oil price of Indian Basket as computed/published on Friday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 108.52 per barrel (bbl) on June 12..
DHFL opens new branch in Thane
Jun 13, 2014, at 06:43 pm
Mumbai, Jun 13 (IBNS): Private housing finance company DHFL recently inaugurated its 18th branch for Maharashtra in Badlapur, Thane.
Jun 13, 2014, at 06:27 pm
Mumbai, June 13 (IBNS) The Indian rupee on Friday morning hit one-month low to stand at 59.49 per US dollar.
Aircel launches 'Astro Buddy' for astrology aficionados
Jun 13, 2014, at 04:31 am
Kolkata, June 12 (IBNS): Mobile service providers Aircel has launched an astrology service 'Astro Buddy' for its customers.
HP announces HP Moonshot innovations
Jun 13, 2014, at 04:12 am
Mumbai, June 12 (IBNS): HP on Thursday announced HP Moonshot innovations that give enterprises the speed, agility and lower economics to build next-generation data centers that will power tomorrow’s successful organizations.
Tata Motors global wholesales at 77,575 in May 2014
Jun 13, 2014, at 03:35 am
Mumbai / Kolkata, June 12 (IBNS): The Tata Motors Group's global wholesales in May 2014, including Jaguar Land Rover, were 77,575 numbers, the company said in a statement.
Vodafone unveils a branded Shatabdi Express
Jun 13, 2014, at 12:07 am
Ahmedabad, June 12 (IBNS) The next time you take a train ride to Mumbai be prepared to witness Vodafone Gujarat’s latest innovation in branding on the popular rail lifeline, the Shatabdi Express connecting Gujarat with Mumbai.
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.