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As ministers talk about end of pandemic, IMA warns against 'unauthorized political statements' | Jyotiraditya Scindia would have become CM had he stayed with Congress: Rahul Gandhi | Assam polls: Jailed activist Akhil Gogoi files his nominations from hospital | Fire breaks out in Kolkata multi-storey, firefighting ops underway | King of Bengali film dialogues, Mithun Chakraborty wows BJP's Brigade crowd with punchlines, calls himself Cobra | Mithun Chakraborty in Kolkata's Brigade Parade Ground, to share stage with PM Modi | Mamata Banerjee to protest against fuel price hike in Bengal's Siliguri | Muthoot Group chairman George Muthoot fell to death from 4th floor of his house in Delhi | PM Modi to address mega rally in Kolkata's Brigade ground, Mithun Chakraborty likely to attend | Owner of abandoned SUV with explosives near Mukesh Ambani's house found dead

Rupee opens at 60.35 per dollar

Apr 04, 2014, at 05:45 pm

Mumbai, Apr 4 (IBNS): The Indian rupee opened lower by 19 paise at 60.35 against the US dollar during early trade on Friday.

Global food prices hit 10 months high: FAO

Apr 04, 2014, at 05:23 pm

New York, Apr 4 (IBNS): The cost of food worldwide has surged in March to its highest peak in 10 months, the United Nations Food and Agriculture Organization (FAO) reported on Thursday.

LS: MTS launches Election Tracker

Apr 04, 2014, at 03:55 am

Bangalore, Apr 3 (IBNS): Sistema Shyam TeleServices Limited (SSTL) that provides telecom services under the brand MTS on Thursday announced the launch of MTS Election Tracker, a live dashboard that showcases analysis of all conversations on the social media about political parties and politicians; giving internet users a sense of the current political discourse in the country.

Tata Opportunities Fund makes investment in Varroc

Apr 04, 2014, at 03:06 am

Mumbai, Apr 3 (IBNS): The Tata Opportunities Fund (TOF), the flagship Private Equity fund of Tata Capital, announced its investment of Rs. 300 Crore (USD 50 million) in Varroc Engineering Private Limited, the holding company of the Varroc Group.

SAIL registers 7 % sales growth in 2013-14

Apr 04, 2014, at 01:25 am

New Delhi, Apr 3 (IBNS) India's largest integrated iron and steel producer SAIL (Steel Authority of India Limited) has achieved 7 % growth in sales volume with 12.1 million tonnes (MT) sales in FY'14, as compared to 11.3 MT sales in FY'13.

Genpact appoints Hanspeter Spek as Director

Apr 04, 2014, at 12:08 am

New York, Apr 3 (IBNS): Business process management company Genpact Limited on Thursday announced Hanspeter Spek as a member of its Board of Directors.

DSIJ hosts PSU Awards 2013

Apr 03, 2014, at 09:31 pm

New Delhi, Apr 3 (IBNS): Indian investment magazine, Dalal Street Investment Journal (DSIJ), on Wednesday organized the PSU Awards 2013, to honour the Public Sector Undertakings (PSU) for their performances, here.

Rupee opens at 59.93 per dollar

Apr 03, 2014, at 04:47 pm

Mumbai, Apr 3 (IBNS): The Indian rupee opened at 59.93 against the US dollar during early trade on Thursday.

Aircel launches consumer initiative contest

Apr 02, 2014, at 11:41 pm

Kolkata, Apr 2 (IBNS): Indian telecom service provider, Aircel as a part of its customer engagement programme, on Wednesday launched a unique consumer initiative with the Chennai Super Kings-Aircel High Flyer Contest, here.

Mail Today felicitates Supertech Limited

Apr 02, 2014, at 11:33 pm

New Delhi, Apr 2 (IBNS): Indian real estate developers Supertech Limited, recently bagged the award of ‘Top Residential Space Developer – NCR’, from the Mail Today Group, here.

Continental launches of radial truck tires

Apr 02, 2014, at 11:26 pm

Faridabad, Apr 2 (IBNS): International tire manufacturer and automotive supplier Continental recently declared that it has started the production and distribution of radial truck tires in the Indian market.

EDC provides $500 m financing to RIL

Apr 02, 2014, at 09:30 pm

Mumbai, Apr 2 (IBNS): Financier and insurer of Canadian exporting companies, Export Development Canada (EDC) on Wednesday announced a USD 500 million financing for Indian private sector company Reliance Industries Limited (RIL).

Honda reports higher sales in FY'14

Apr 02, 2014, at 09:00 pm

Manesar, Apr 2 (IBNS): Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) closing the financial year FY’13-14, recently reported a sale of 37,21,935 two-wheelers in FY'14 with an extraordinary 55,000 units sold on only one day (Mar 31), i.e., on the occasion of Gudi Parhwa and Ugadi in West and South India respectively.

Arbor Networks awarded 5-Star rating

Apr 02, 2014, at 08:38 pm

Bangalore, Apr 2 (IBNS): Arbor Networks, Inc., the provider of distributed denial-of-service (DDoS) and advanced threat protection solutions for enterprise and service provider networks, on Wednesday announced that it has been awarded a 5-star rating in the CRN 2014 Partner Program Guide.

HP launches solutions for APJ partners

Apr 02, 2014, at 08:26 pm

Bangalore, Apr 2 (IBNS): Multinational information technology corporation HP on Wednesday announced new solutions and program enhancements to accelerate growth and expand revenue opportunities for channel partners in Asia Pacific and Japan (APJ)

Rupee opens at 59.82 per dollar

Apr 02, 2014, at 03:12 pm

Mumbai, Apr 2 (IBNS): The Indian rupee opened at 59.82 against the US dollar during early trade on Wednesday.

Tata Motors Mar sales at 51,184 nos

Apr 02, 2014, at 04:53 am

Mumbai/Kolkata, Apr 1 (IBNS): Tata Motors’ total sales (including exports) of Tata commercial and passenger vehicles in March 2014 were 51,184 vehicles.

Ford sells 11,805 vehicles in March

Apr 02, 2014, at 04:49 am

Mumbai, Apr 1 (IBNS): Ford India sold 11,805 vehicles in combined domestic wholesales and exports in March, up 57 percent from 7,499 vehicles in the same period last year.

Taj Group appoints Murthy as SVP

Apr 02, 2014, at 03:20 am

Kolkata / Mumbai, Apr 1 (IBNS): Taj Group on Tuesday announced the appointment of Dr. P.V. Ramana Murthy, to the position of Senior Vice President, Global Head - Human Resources.

JSW Steel to revise prices for select products

Apr 02, 2014, at 03:09 am

Mumbai, Apr 1 (IBNS): JSW Steel, the country’s leading steel producer with an installed capacity of 14.3 mtpa on Tuesday announced the revision of prices for its two steel products– Hot Rolled Coil (HRC) and Wire rod, effective from Apr 1.

Honda records annual growth of 83%

Apr 01, 2014, at 08:53 pm

New Delhi, Apr 1 (IBNS) Honda Cars India Ltd (HCIL), leading manufacturer of premium cars in India, registered its highest ever monthly domestic sales of 18,426 units during March 2014 and registered a growth of 83.4% as compared to 10,044 units in March 2013.

Hyundai domestic sales up by 3.4%

Apr 01, 2014, at 08:52 pm

New Delhi, Apr 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 35,003 units and exports of 16,705 units with cumulative sales of 51,708 units for the month of March 2014.

RBI keeps repo rate unchanged at 8%

Apr 01, 2014, at 05:13 pm

Mumbai, Apr 1 (IBNS) The Reserve Bank of India (RBI) on Tuesday kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent.

Gionee launches slimmest smartphone ELIFE S5.5 in India

Apr 01, 2014, at 04:53 am

Goa, Mar 31 (IBNS): Designer and manufacturer of mobile devices, Gioneehas launched the world’s slimmest smartphone - ELIFE S5.5 in India.

Crude oil price of Indian Basket increases

Apr 01, 2014, at 03:56 am

New Delhi, Mar 31 (IBNS): The international crude oil price of Indian Basket as published on Monday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 105.30 per barrel (bbl) on 28.03.2014.

Apr 01, 2014, at 03:32 am

Petrol price cut by 75 paise a litre

Apr 01, 2014, at 03:31 am

New Delhi,Mar 31 (IBNS): Giving relief to consumers, petrol prices have been reduced by Re 0.75 per litre which will be effective from midnight on Monday.