NABARD reduces rates of refinance
Jun 09, 2014, at 08:54 pm
New Delhi, Juen 9 (IBNS) The National Bank for Agriculture and Rural Development (NABARD) has reduced the rate of interest by 20 basis points (bps) on their long term refinance facility to banks with an objective to promote investments in agriculture.
Jun 09, 2014, at 04:23 pm
Mumbai, June 9 (IBNS) With the Reserve Bank of India (RBI) reportedly buying dollars via state-run banks, the rupee on Monday strengthened at 59 per US dollar.
Jun 09, 2014, at 03:19 pm
Mumbai, June 9 (IBNS) The Bombay Stock Exchange (BSE) Sensex on Monday jumped to 183 points to hit another record high 25,579.72.
Tata Steel bags JSPCB awards for environment protection
Jun 07, 2014, at 09:38 pm
Jamshedpur, Jun 7 (IBNS): Integrated private sector steel company, Tata Steel Group, was on Friday honoured with the prestigious 'JSPCB' award for commendable work done in the area of environmental protection and improvement on the account of 'World Environment Day'.
Volvo Cars teams up with Bowers & Wilkins
Jun 07, 2014, at 03:54 am
New Delhi, June 6 (IBNS): The new Volvo XC90, which will be revealed later this year, will offer drivers one of the top audio systems available in the automotive world after engineers at the Swedish car company joined forces with their counterparts at the British audio equipment company Bowers & Wilkins, Volvo Auto India said in a statement.
IKYA Group signs agreement to acquire Hofincons Infotech
Jun 06, 2014, at 10:46 pm
Chennai, June 6 (IBNS) IKYA group Friday announced the signing of definitive agreements to acquire Hofincons Infotech & Industrial Services from Transfield Services, Australia. ‎
Sensex ends above 25,000 points
Jun 06, 2014, at 09:28 pm
Mumbai, June 6 (IBNS) The Bombay Stock Exchange (BSE) Sensex on Friday rose over 374 points to end at 25,394.
Global food prices down in May: UN
Jun 06, 2014, at 06:32 pm
New York, Jun 6 (IBNS): The United Nations Food and Agriculture Organization (FAO) reported on Thursday that global food prices were down for the second straight month in May and that the outlook for worldwide cereal supply has improved considerably since last month.
Mercedes-Benz to manufacture new S-Class 350 CDI in India
Jun 06, 2014, at 04:41 am
Pune, June 5 (IBNS): Automobile major Mercedes-Benz India on Thursday commenced the local production of the New S-Class 350 CDI from its manufacturing facility at Chakan in Indian city of Pune.
ICICI Bank launches 'Creative Masters'
Jun 06, 2014, at 04:24 am
Mumbai, June 5 (IBNS): Private sector bank ICICI Bank Ltd has launched 'Creative Masters', an online drawing competition where participants can draw a depiction of a social cause such as education for less privileged children, save a girl child or support the elderly.
Mahindra launches limited edition 'XUV500 Sportz'
Jun 06, 2014, at 01:39 am
Mumbai, June 5 (IBNS): SUV manufacturer Mahindra & Mahindra Ltd. (M&M), on Thursday announced the launch of the limited edition 'XUV500 Sportz' built on its W8 model.
Micromax appoints Sanjay Kapoor as chairman
Jun 06, 2014, at 12:57 am
New Delhi, June 5 (IBNS): Smartphone player and leading consumer electronics brand Micromax on Thursday announced the induction of Sanjay Kapoor, former CEO of Bharti Airtel to the Micromax promoter group and Chairman of the board with immediate effect.
BSE Sensex, Nifty close at record high
Jun 05, 2014, at 10:29 pm
Mumbai, June 5 (IBNS) The BSE Sensex on Thursday closed at a record 25,019.51 at 0.86 percent higher (up 214 points) breaking all previous records while the Nify gained 0.97 percent to 7,474.10.
Suzlon Group bags new order from ReNew Wind Power
Jun 05, 2014, at 08:27 pm
Pune, June 5 (IBNS): Wind turbine manufacturer Suzlon Group on Thursday announced that it has been awarded a 100.8 MW order by ReNew Wind Power, an IPP in the wind energy sector.
Volvo invites registrations for mobility awards
Jun 05, 2014, at 08:25 pm
New Delhi, June 5 (IBNS): Volvo Buses in India has opened registrations for the 'Volvo Sustainable Mobility Awards 2014', inviting stakeholders from among citizen groups/NGOs, organisations/ consultancies, and institutions among others, to participate in the 4th Edition of the awards.
JSW Steel wins Prime Minister's Trophy
Jun 05, 2014, at 06:31 pm
Mumbai, Jun 5 (IBNS): Steel manufacturer JSW Steel on Thursday said it has won the prestigious Prime Minister's Trophy for excellence in performance for the year 2012-13.
GVK EMRI awarded PPP Initiative of the year in Health care
Jun 05, 2014, at 03:02 am
Hyderabad, June 4 (IBNS): GVK EMRI (Emergency Management and Research Institute), the emergency service provider in India, has been awarded the 'Public Private Partnership (PPP) Initiative of the Year in Health care' at the National Summit on ICT in Healthcare organized by ASSOCHAM.
Genpact extends partnership with Kimberly-Clark
Jun 04, 2014, at 11:23 pm
New York, Jun 4 (IBNS): Genpact Limited, one of the global leaders in transforming and running business processes and operations, on Tuesday announced that it will continue to partner with global consumer product goods (CPG) leader Kimberly-Clark to provide and optimize finance and accounting services (F&A), including a number of industry-specific functions such as supply chain accounting.
UN helps landlocked developing countries to harness trade
Jun 04, 2014, at 05:14 pm
New York, Jun 4 (IBNS): Ahead of a major United Nations conference on landlocked development countries (LLDCs) set for later this year, delegates at a high-level meeting in Mongolia have called for the immediate ratification of an agreement which will help boost trade and make it easier for these countries to participate competitively in global markets.
AirAsia India sells 25,000 promo seats within 48 hours of opening
Jun 04, 2014, at 04:27 am
New Delhi, June 3 (IBNS): AirAsia India on Tuesday announced that it has sold out 25,000 promo seats, within 48 hours of opening for bookings.
Tata Motors, eBay India launch Safari Storme
Jun 04, 2014, at 04:08 am
New Delhi, June 3 (IBNS): Tata Motors and eBay India (www.ebay.in), an eCommerce marketplace, have announced the launch of a brand store for the Tata Safari Storme (www.ebay.in/safaristorme).
Microsoft Devices announce launch of Nokia 225
Jun 04, 2014, at 03:16 am
New Delhi, June 3 (IBNS): Microsoft Devices on Tuesday announced the launch of Nokia 225, a device which underlines the company's commitment to connect the next billion to the Internet.
Aircel sets up 200 Xpress Stores
Jun 04, 2014, at 03:07 am
Kolkata, June 3 (IBNS): Mobile service provider Aircel has expanded its retail footprint across the country by setting up 200 Xpress Stores.
UMESL records consolidated revenue at Rs. 662.48 lakhs
Jun 03, 2014, at 11:21 pm
Kolkata, Jun 3 (IBNS): Usha Martin Education & Solutions Limited (UMESL) on Tuesday reported Rs. 662.48 lakhs as consolidated revenue for the financial year ended Mar 31, 2014 and Rs. 564.24 lakhs as revenue on a standalone basis.
Jun 03, 2014, at 06:42 pm
Mumbai, June 3 (IBNS) The Reserve Bank of India (RBI) on Tuesday kept all its key policy rates unchanged.
Jun 03, 2014, at 05:55 pm
San Francisco, June 3 (IBNS) American multinational corporation Apple on Monday unveiled iOS 8, the biggest release since the launch of the App Store, giving users incredible new features and developers the tools to create new apps.
8 core industries grow 4.2 pct
Jun 03, 2014, at 04:58 am
New Delhi, June 2 (IBNS): The eight core industries have grown by 4.2 percent in April, the government data said on Monday.
Jun 03, 2014, at 02:41 am
New Delhi, June 2 (IBNS): The Indian Oil Corporation Ltd on Monday said R.K. Malhotra has been entrusted additional charge as Chairman of the country's flagship energy major.
Tata Motors' sales fall 24 pct in May
Jun 03, 2014, at 02:01 am
Mumbai / Kolkata, June 2 (IBNS): Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in May 2014 were 37,525 vehicles, a decline of 24 percent over 49,304 vehicles sold in May 2013.
Ravi Kant retires as Tata Motors' Vice Chairman
Jun 03, 2014, at 12:02 am
Mumbai/Kolkata, June 2 (IBNS): Ravi Kant, Non-Executive Vice Chairman has retired from the Board of the company on attaining the age of 70 as per the company's retirement policy.