ED raids Jet Airways founder Naresh Goel premises in Delhi, Mumbai
Aug 23, 2019, at 07:06 pm
New Delhi, Aug 23 (UNI): Enforcement Directorate (ED) on Friday conducted raids at the premises of Jet Airways founder Naresh Goel in Delhi and Mumbai for alleged violation of the Foreign Exchange Management Act (FEMA) Act, a probe agency official said here.
India's GDP growth continues to be high above US, China: Nirmala Sitharaman
Aug 23, 2019, at 06:59 pm
New Delhi, Aug 23 (UNI): Highlighting the measures to boost economic growth, Union Finance Minister Nirmala Sitharaman said on Friday that India is maintaining the reform momentum and GDP growth continues high above other countries, including the US and China.
More than 2,200 Indian companies join Dubai Chamber in H1-2019
Aug 23, 2019, at 06:45 pm
New Delhi, Aug 23 (IBNS):A total of 2,208 Indian companies joined Dubai Chamber of Commerce and Industry as new members in the first six months of 2019, marking a 18% increase compared to the same period last year, the non-profit public organisation has revealed.
H&M launched on e-commerce platform Myntra
Aug 23, 2019, at 06:04 pm
Kolkata, Aug 23 (UNI) Hennes & Mauritz AB (H&M), the international fashion brand, has been launched on Indian e-commerce platform Myntra.
Our government kept reform as top agenda since 2014: Nirmala Sitharaman
Aug 23, 2019, at 06:00 pm
New Delhi, Aug 23 (IBNS): Union Finance Minister Nirmala Sitharaman on Friday said the focus of her government since 2014 has been to keep 'reform' as a top agenda.
Bandhan Bank launches credit cards, in partnership with Standard Chartered Bank
Aug 23, 2019, at 05:40 pm
Kolkata, Aug 23 (IBNS): Bandhan Bank on Friday announced its foray into the credit cards segment, in partnership with Standard Chartered Bank.
Kia Motors launches Seltos in Kolkata, price starts at Rs. 9.69 lakhs
Aug 23, 2019, at 05:08 pm
Kolkata, Aug 23 (IBNS): With the festive season ahead, South Korean auto major Kia Motors launched the first made in India mid-SUV, Kia Seltos, in Kolkata on Friday.
Believe that slowdown in the automobile sector in India is temporary: Kia Motors official
Aug 23, 2019, at 04:14 pm
Kolkata, Aug 23 (IBNS): A senior official of South Korean auto major Kia Motors on Friday said he feels that the current slowdown in the automobile sector in India is a temporary phase and a revival from the current situation will take place soon.
Aug 23, 2019, at 02:00 pm
Kolhapur, Aug 23 (UNI) The prices of M 30 and S 30 grades of sugar rates remained steady in Kolhapur sugar market on Friday to Rs 3280/3300 and Rs 3180/3200 per quintal respectively.
Rupee opens higher by 11 paise against USD
Aug 23, 2019, at 01:57 pm
Mumbai, Aug 23 (UNI) The Rupee on Friday rose by 11 paise to 71.70 in early trade on fresh selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
Aug 23, 2019, at 01:55 pm
Mumbai, Aug 23 (UNI) The BSE Sensex on Friday rose by 81 points to 36,553.93 in opening trade as fresh buying was witnessed in Materials, Energy, Consumer Durable, Telecom and Auto stocks.
Paisabazaar.com strengthens product suite with free tax-filing platform
Aug 23, 2019, at 01:09 pm
Gurgaon, Aug 23: Paisabazaar.com, India's online marketplace for financial products, said it has received nearly 50,000 registrations in August on its new income tax-filing platform, which is currently in beta phase.
PC Chandra Group supporting WB colleges to implement rainwater harvesting as part of CSR activity
Aug 23, 2019, at 11:30 am
Kolkata, Aug 23 (IBNS): To raise awareness about water conservation, Kolkata-based business house PC Chandra Group recently launched an initiative called #StopTheDrop as part of their corporate social responsibility (CSR).
Federal Bank ties up with Lulu Money, Hong Kong to offer instant money transfer to India
Aug 22, 2019, at 06:23 pm
Kolkata: Federal Bank has entered into a tie-up with LuLu Money, a financial services company, to facilitate instant money transfer to India from Hong Kong.
Kotak Mahindra Bank organises the 3rd edition of the Kotak Loan Festival
Aug 22, 2019, at 02:55 am
Kolkata: As the festive season approaches, Kotak Mahindra Bank is organising the 3rd edition of the Kotak Loan Festival from Aug 13 to 23.
Amazon inaugurates its first owned and world’s largest campus building in Hyderabad, India
Aug 21, 2019, at 07:40 pm
Kolkata, Aug 21 (IBNS): Located in Hyderabad’s financial district, Amazon on Wednesday inaugurated its largest campus building anywhere worldwide, as a continuing reaffirmation of how India continues to be a key market as well as talent hub for Amazon.
Five investment proposals worth Rs. 2,04,069 crore receive Odisha government's nod
Aug 21, 2019, at 06:56 pm
Bhubaneswar: The Odisha government has approved five investment proposals envisaging investment of Rs. 2,04,069 crore in the 20th High Level Clearance Authority (HLCA) meeting held under the chairmanship of Chief Minister Naveen Patnaik here.
Indian market: Sensex down by 267.64 pts
Aug 21, 2019, at 05:21 pm
Mumbai, Aug 21 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Wednesday slid by 267.64 points to settle at 37,060.37 as selling was seen across the board.
Tata Motors move down by 9.29 pc to Rs 112.30
Aug 21, 2019, at 05:19 pm
Mumbai, Aug 21 (UNI) Tata Motors on Wednesday tumbled down by 9.29 per cent to Rs 112.30 to be the top losers in the 30 scrips index of Bombay Stock Exchange (BSE).
State Bank of India to offer cheaper home, auto loans during festival season
Aug 20, 2019, at 05:29 pm
Mumbai Aug 16 (UNI) Public sector lender State Bank of India (SBI) on Tuesday announced a number of offers including cheaper rates for home and auto loan borrowers, to cash in on festival fervour.
Hyundai launches Grand i10 Nios at Rs 4.99 lakh
Aug 20, 2019, at 05:18 pm
New Delhi, Aug 20 (UNI) Hyundai Motor India Ltd, one of the country’s largest car makers, on Tuesday launched its new compact hatchback, the Grand i10 Nios, at a price range of Rs 4.99 lakh to Rs 7.99 lakh.
Mahindra Finance and Ideal Finance form NBFI Joint Venture in Sri Lanka
Aug 20, 2019, at 05:12 pm
Colombo / Mumbai, Aug 20 (IBNS): Mahindra & Mahindra Financial Services Ltd. (Mahindra Finance), India’s leading NBFC (Non-Banking Finance Company), focused on the rural and semi-urban markets, has entered into a joint venture with Ideal Finance Ltd., a fully owned subsidiary of the leading Sri Lankan conglomerate, Ideal Group. Mahindra Finance will invest LKR 2 billion until March 2021 for up to 58.2% stake in Ideal Finance.
Mahindra Logistics strengthens its partnership with the Volkswagen Group India
Aug 20, 2019, at 05:07 pm
Mumbai, Aug 20 (IBNS): Mahindra Logistics Limited (MLL), one of India’s largest Third-Party Logistics (3PL) solution providers, announced that it has further strengthened its association with the Volkswagen Group India, one of India’s leading car manufacturers.
Sun Pharma move up by 2.66 pc to Rs 425.80
Aug 19, 2019, at 05:39 pm
Mumbai, Aug 19 (UNI) Sun Pharma on Monday rose by 2.66 pc to Rs 425.80 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).
Indian market: Sensex up by 52.16 pts
Aug 19, 2019, at 05:32 pm
Mumbai, Aug 19 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Monday advanced by 52.16 points to 37,402.49 after hopes of a revival package from the government lifted sentiment at D-Street.
DOMO Chemicals plans to acquire the Europe-based Performance Polyamides Business of Solvay
Aug 19, 2019, at 05:13 pm
Ghent (Belgium), Aug 20 (IBNS): DOMO Chemicals (Ghent) recently signed an agreement to acquire the Europe-based Performance Polyamides Business of Solvay (Brussels).
Airtel appoints Rajesh Tapadia as CEO of Nxtra Data
Aug 19, 2019, at 03:32 pm
Kolkata, Aug 19 (IBNS): Bharti Airtel, India’s largest integrated telecommunications services provider, on Monday said that it has appointed Rajesh Tapadia as Chief Executive Officer of its data centre and cloud business - Nxtra Data.
TVS Motor Singapore invests USD 3.2 Million in Predictronics Corporation
Aug 17, 2019, at 04:59 pm
Mumbai, Aug 17 (UNI) TVS Motor Company Limited said its wholly-owned subsidiary TVS Motor (Singapore) Pte. Limited has signed definitive agreements to invest USD 3.2 million in Predictronics Corporation, a US corporation, headquartered in Cincinnati, Ohio, which specialises in providing end-to-end predictive maintenance analytics solutions.
Aug 17, 2019, at 03:00 pm
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Greenply Industries Limited reports consolidated PAT of Rs. 21 crore in June quarter
Aug 17, 2019, at 01:56 pm
Kolkata, Aug 16 (IBNS): Greenply Industries Limited, which manufactures and markets a comprehensive range of plywood, block boards, decorative veneers and flush doors, reported its financial results (unaudited) for the quarter ending June 30, 2019.