Thoma Cook registers increase in income from operations of 163%

Jul 26, 2014, at 03:31 am

Mumbai, July 25 (IBNS): Thomas Cook (India) Ltd on Friday declared its consolidated Financial Results for the Half Year ended June 30, 2014 with an increase in income from operations of 163%.

Celkon launches 'Millennium Vogue Q455' smartphone

Jul 26, 2014, at 02:56 am

Hyderabad, July 25 (IBNS): Mobile company Celkon Mobiles on Friday launched Millennium Vogue Q455, a slim smartphone.

ING Vysya selects Mindtree as a strategic digital partner

Jul 26, 2014, at 02:45 am

Bangalore/Warren, July 25 (IBNS): Mindtree, a global technology services company, on Friday announced that it has been selected by ING Vysya, a premier private sector bank, as a strategic digital partner for its next generation mobility program.

Pioneer India launches 'True to Life' navigation-cum-entertainment system

Jul 26, 2014, at 02:36 am

Kolkata, July 25 (IBNS): Car entertainment systems company Pioneer India Electronics has introduced Pioneer AVIC-F60BT, its premium audio-video system equipped with the latest navigation maps by MapmyIndiaTM.

Mahindra Tractors introduces new 35 HP Mahindra 275 DI ECO

Jul 25, 2014, at 06:01 pm

Mumbai, July 25 (IBNS) Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), the market leader in the Indian tractor industry, has introduced its new 35 HP tractor, the Mahindra 275 DI ECO in Gujarat, Rajasthan and Madhya Pradesh.

Ford inaugurates Parts Distribution Warehouse in Kolkata

Jul 25, 2014, at 05:15 am

Kolkata, July 24 (IBNS): Going further in its commitment to enhance its service efficiency, Ford India inaugurated its fourth parts distribution centre in India on Thursday.

L&T Infotech named 'Major Player' in Oil & Gas industry

Jul 25, 2014, at 04:03 am

Mumbai, July 24 (IBNS): L&T Infotech, a global provider of information technology services and solutions and a wholly-owned subsidiary of the USD 14.3 billion Larsen & Toubro, has been named a 'Major Player' for providing professional services to Oil & Gas industry in the IDC MarketScape report.

AirAsia appoints Globe Air Cargo India to manage cargo sales

Jul 25, 2014, at 01:15 am

Chennai, July 24 (IBNS): AirAsia India on Thursday announced the appointment of Globe Air Cargo India, part of the ECS Group, as its Cargo General Sales & Services agent (GSSA).

AVJ Group launches Rs.150 cr project in Delhi

Jul 25, 2014, at 01:14 am

New Delhi, July 24 (IBNS): Real estate company AVJ Group,on Thursday announced that it is coming up with its new flagship commercial project in east Delhi.

Union cabinet clears FDI in insurance to 49 pc

Jul 24, 2014, at 07:47 pm

New Delhi, July 24 (IBNS) The Union Cabinet on Thursday in a meeting cleared the proposal to raise FDI (foreign direct investment) cap in the insurance sector to 49 percent from the existing 26 percent.

Panasonic India launches three new smartphones

Jul 24, 2014, at 05:00 am

New Delhi, July 23 (IBNS): Encouraged by the success of its smartphones launched this year, Panasonic India, a global leader in innovation and technology, unveiled three new smartphones on Wednesday namely: T41, P41 and P61.

Aircel launches industry's first 3G music smartphone 'Canvas Beat'

Jul 23, 2014, at 10:19 pm

Kolkata, July 23 (IBNS) In its commitment to offer wide range of capabilities on 3G to its customers, Aircel, one of India's leading mobile service providers, Wednesday launched industry’s first 3G music smartphone Canvas Beat offering unified music experience with technology powered by Micromax.

Nifty on record high, Sensex up 119 points

Jul 23, 2014, at 04:35 pm

Mumbai, July 23 (IBNS): The NSE Nifty hit a record high of 7,809.20 on Wednesday while Sensex was close to its life high.

Tata Coffee registers profit of Rs. 30.31 cr in Q1

Jul 23, 2014, at 03:33 am

Bangalore/Kolkata, July 22 (IBNS) : Tata Coffee on Tuesday announced its results for the quarter that ended June 30 where it reported a net profit of Rs. 30.31 crores on a consolidated basis for the first quarter of 2014-15, compared with a net profit of Rs. 40.38 crores in the corresponding period last year.

Infosys partners for Daimler AG

Jul 23, 2014, at 02:47 am

Stuttgart/Bangalore, July 22 (IBNS): Infosys, a global leader in consulting, technology and outsourcing solutions and Daimler AG, have entered into a multi-year agreement covering management of infrastructure services and data centres, providing e-collaboration and middleware services as well as overseeing database operations.

Future Generali launches Care Plus Plan

Jul 23, 2014, at 01:36 am

Mumbai, July 22 (IBNS): Future Generali India Life Insurance Company Limited (FGILI), a joint venture between Future Group, Generali Group and IITL on Tuesday announced the launch of Care Plus Plan which is a pure Term Insurance Plan.

ASK Group invests Rs. 127 crores in ATS Group's Noida project

Jul 22, 2014, at 06:00 am

Mumbai, July 21 (IBNS): ASK Group, a diversified financial services group, on Monday announced its maiden investment from its offshore fund in ATS Group's project in Noida.

Idea registers Rs. 5,157 million revenue growth in 1st quarter

Jul 22, 2014, at 05:41 am

Mumbai, July 21 (IBNS): Indian Mobile operator Idea on Monday said that it has garnered a revenue growth of Rs. 5,157 million in a quarter, helping the company reach 30% EBITDA margin.

SKF helps change bearing standards for better machine integration

Jul 22, 2014, at 04:55 am

Gothenburg, Sweden, July 21 (IBNS): SKF, a global supplier of innovative bearing solutions, gave major contribution to the development of the revised ISO 492 standard, which will enable customers to better integrate bearings into their machinery.

HDFC earns Rs. 13,070.7 crores for the quarter ending June 30

Jul 22, 2014, at 04:50 am

Mumbai, July 21 (IBNS): The Board of Directors of HDFC Bank Limited approved the Bank's (Indian GAAP) accounts for the quarter ended June 30 at their meeting held here where it recorded a total income was Rs. 13,070.7 crores.

Air Arabia's Group Chief Executive wins Airline Business Award

Jul 22, 2014, at 04:46 am

Kolkata, July 21 (IBNS): Low-cost carrier in the Middle East and North Africa Air Arabia has won the 'Airline Business Award' at the Airline Strategy Awards 2014.

MTS announces leadership appointments in Karnataka, UP West circles

Jul 22, 2014, at 04:44 am

Bangalore, July 21 (IBNS): Sistema Shyam TeleServices Limited (SSTL) that provides telecom services under the 'MTS' brand with 10 million wireless customers on Monday announced key leadership appointments in Karnataka and UP West circles.

Tata Motors appoints TML TRUCK RUS as new distributor in Russia

Jul 21, 2014, at 10:33 pm

Kazan (Russia), July 21 (IBNS) Tata Motors, India’s leading commercial vehicle manufacturer, announced the appointment of LLC ‘TML TRUCK RUS’ (Russia), as the official distributor of Tata Motors’ commercial vehicles in the Russian Federation.

World Bank Group President to visit India, meet Modi

Jul 21, 2014, at 03:47 am

Washington, July 20 (IBNS): World Bank Group President Jim Yong Kim arrives in New Delhi on Monday on a three-day visit to the country as it builds new momentum toward higher growth, which is required to lift its millions out of poverty.

ICAI comes up with new initiatives

Jul 20, 2014, at 06:13 pm

Kolkata , July 20 (IBNS): The Institute of Chartered Accountants (ICAI) is the second largest accounting institute in the world that has been creating plenty of career opportunities all over the world and a clutch of new initiatives have been taken to take the institute forward, said its president K. Raghu here while awarding the students with membership status and certificates at its convocation here recently.

Reliance Q1 consolidated profit jumps 13.7 pct

Jul 20, 2014, at 02:21 am

New Delhi, July 19 (IBNS) Reliance Industries on Saturday announced it has registered a 13.7 per cent rise in first quarter consolidated net profit.

ICICI Prudential launches ICICI Prudential Growth Fund

Jul 19, 2014, at 04:52 am

New Delhi, July 18 (IBNS): ICICI Prudential Mutual Fund has announced the launch of ICICI Prudential Growth Fund-Series 2, a three and half year close ended equity fund that aims to provide capital appreciation by investing in a well-diversified portfolio of equity and equity related instruments.

SKF India registers sales of Rs. 5926 million in Q2

Jul 19, 2014, at 04:39 am

Gurgaon, July 17 (IBNS): Technology and solutions provider of bearings, seals, lubrication systems, mechatronics and services SKF India Limited on Friday apporoved the unaudited financial results for the second quarter ended that June 30, where its net sales stood at Rs. 5926 million.

Abdul Kalam release White Paper at 2nd National NCD Sumit

Jul 19, 2014, at 04:31 am

New Delhi/Kolkata, July 18 (IBNS): Confederation of Indian Industry (CII), in partnership with Eli Lilly and Company (Lilly) released a National White Paper on tackling NCDs (Non Communicable Diseases) within Public Sector Enterprises (PSEs) at the 2nd National NCD Summit on Friday.

NASSCOM hosts Product Conclave 2014 in Kolkata

Jul 19, 2014, at 03:59 am

Kolkata, July 18 (IBNS): The National Association of Software and Services Companies (NASSCOM) organized the East edition of the NASSCOM Product Conclave (NPC) in Kolkata for a period of two days ending Friday.