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
Volvo Buses India appoints new Managing Director
May 14, 2014, at 07:42 pm
New Delhi, May 14 (IBNS): Global manufacturer of buses and bus chassis, Volvo Bus Corporation recently appointed VRV Sriprasad as the new Managing Director of Volvo Buses India.
Jubilant Biosys, Orion Corporation announce unique collaborative discovery
May 14, 2014, at 03:34 am
Noida, May 13 (IBNS): Jubilant Biosys, a Bengaluru-based subsidiary of Jubilant Life Sciences, and Orion Corporation (Orion), the largest pharmaceutical company in Finland, on Tuesday announced a path breaking drug discovery collaboration to discover small molecule inhibitors in neuroscience therapeutic area.
Sennheiser launches two premium audiophile products in India
May 14, 2014, at 03:33 am
New Delhi, May 13 (IBNS):Premium German audio brand, Sennheiser on Tuesday announced the launch of two new high end audio devices for the most demanding audiophile- IE800 and headphone amplifier set HDVD 800 and HDVA600.
AirAsia to pilot INTERPOL I-Checkit system
May 14, 2014, at 03:29 am
Kuala Lumpur, May 13 (IBNS): As part of ongoing efforts to enhance international travel security, AirAsia is to pilot INTERPOL's I-Checkit system to screen the passports of all its prospective passengers against the world police body's Stolen and Lost Travel Documents (SLTD) database.
LG launches new product ranges for India
May 13, 2014, at 11:21 pm
New Delhi, May 13 (IBNS): Multinational electronics company LG recently launched the microwave oven with 'Charcoal Lighting Heater' apt for the diverse Indian cooking.
L&T Construction wins orders worth Rs. 1137 cr
May 13, 2014, at 09:10 pm
Mumbai, May 13 (IBNS): Infrastructure construction company, L&T Construction on Tuesday stated that the company has won new orders worth Rs. 1137 crore across various business segments in April and May.
HP launches 'Helion' to manage workloads
May 13, 2014, at 09:07 pm
New Delhi, May 13 (IBNS): Multinational information technology corporation HP on Tuesday introduced 'HP Helion', a portfolio of cloud products and services that enable organizations to build, manage and consume workloads in hybrid IT environments, here.
Polycom names new Executive Vice President
May 13, 2014, at 07:57 pm
New Delhi, May 13 (IBNS): Polycom, Inc., recently announced Michael Frendo as the new Executive Vice President of Worldwide Engineering, effective from Tuesday.
Gopaljee Ananda increases milk price
May 13, 2014, at 07:36 pm
New Delhi, May 13 (IBNS): Dairy products brand Gopaljee Dairy Foods Pvt. Ltd., under the RSD Group, on Tuesday said it will increase the milk prices of its Gopaljee Ananda and G+ brands by Rs 2 per liter in Delhi, NCR, UP and Haryana from May 14 morning.
Perkins rolls out 20 millionth engine
May 13, 2014, at 07:24 pm
New Delhi, May 13 (IBNS): Supplier of diesel engines and gas engines, Perkins recently rolled out the 20 millionth engine, which is a 1206 two-stage turbo Tier 4 diesel engine, from the company’s facility in Peterborough, UK.
Sensex touches record high amid Modi sarkar prediction
May 13, 2014, at 03:53 pm
Mumbai, May 13 (IBNS) With exit polls predicting Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) will form the Delhi government under Narendra Modi's prime ministerialship, the BSE Sensex on Tuesday touched a record high as it surged 370 points.
PC reviews various issues related to Life and Non-Life Insurance sector
May 13, 2014, at 03:52 am
New Delhi, May 12 (IBNS): Union Finance Minister P. Chidambaram on Monday reviewed the various issues related to the life and non-life insurance sector.
Industrial output contracts 0.5 pct
May 13, 2014, at 03:24 am
New Delhi, May 12 (IBNS): At a time when India concluded exercising their franchise in the nine-phase long Lok Sabha polls, the country's industrial output contracted by 0.5 percent in March, a government data said on Monday.
Retail inflation touches 3-month high of 8.59 pct
May 13, 2014, at 03:16 am
New Delhi, May 19 (IBNS): India's retail inflation has touched a three-month high figure of 8.59 percent in April, government data showed on Monday.
Diesel price hiked Rs 1.09 per litre
May 13, 2014, at 01:24 am
New Delhi, May 12 (IBNS): Adding more burden on consumers, diesel price has been hiked by Rs. 1.09 per litre to be effective from midnight on Monday.
Stock market surges record high over Modi hope
May 12, 2014, at 08:24 pm
Mumbai, May 12 (IBNS) Amid widespread speculations from various polls that the BJP is set to win the elections and industry friendly Narendra Modi will be the next Prime Minister, the stock markets touched record high on Monday.
Rupee opens at 59.98 per dollar
May 12, 2014, at 03:19 pm
Mumbai, May 12 (IBNS): The Indian rupee opened higher by 6 paise at 59.98 against the US dollar during early trade on Monday.
RIL, BP and NIKO issue a arbitration notice to Indian govt
May 11, 2014, at 07:02 am
Mumbai, May 10 (IBNS): RIL, BP and NIKO have issued a notice of arbitration on Friday to the India government seeking the implementation of the “Domestic Natural Gas Pricing Guideline 2014†notified on Jan 10 this year.
GlaxoSmithKline registers 4,683 cr of net sales
May 10, 2014, at 02:52 am
Kolkata, May 9 (IBNS): GlaxoSmithKline Consumer Healthcare Limited on Friday declared its audited financial results for the fifteen month period ended on March 31, 2014, where it reported that net sales, PBT and PAT for the period were Rs. 4,683 Crores, Rs. 1,016 Crores and Rs. 675 Crores respectively.
USA commends India on its Look East policy
May 10, 2014, at 02:23 am
Kolkata, May 9 (IBNS): USA is all set to play the role of 'convener, partner and supplier' in the south Asia region, said Fatema Z. Sumar, U.S. Deputy Assistant Secretary of State, Bureau of South and Central Asian Affairs in her address “Shaping the Future of Trade and Connectivity in the Indo-Pacific†in a session organised jointly by Confederation of Indian Industry and US Consulate,Kolkata here on Thursday.
Rupee opens at 60.1 per dollar
May 09, 2014, at 03:14 pm
Mumbai, May 9 (IBNS): The Indian rupee opened at 60.1 against the US dollar during early trade on Friday.
May 09, 2014, at 04:42 am
Bangalore, May 8 (IBNS): Intel on Thursday outlined its strategy to accelerate its growth in India, driven by an increased focus on new mobile form factors like 2 in 1s and Tablets.
Ford India resumes bookings of Ford EcoSport
May 09, 2014, at 04:18 am
New Delhi, May 8 (IBNS): Ford India on Thursday announced that it has re-opened bookings for all variants of its most awarded, urban SUV Ford EcoSport.