Jul 21, 2017, at 01:28 am
Mumbai, Jul 20 (IBNS): Reliance Industries Limited (RIL) recorded a strong quarterly performance with net profit of Rs 9,108 crore, up 28% from the same quarter a year ago, said Mukesh D. Ambani, Chairman and Managing Director, as RIL reported its financial performance for the quarter ended June 30, 2017.
Infosys recognized as ‘Leader’ in NelsonHall’s NEAT Report for IoT Services
Jul 21, 2017, at 01:24 am
Bangalore, July 20 (IBNS): Infosys has been identified as a Leader in Internet of Things (IoT) services in the overall market segment in NelsonHall’s Vendor Evaluation & Assessment Tool (NEAT) report.
Transactions (M&A) and Risk Consulting Business of BMR to merge with KPMG India
Jul 21, 2017, at 01:10 am
New Delhi/Kolkata, July 20 (IBNS): KPMG in India on Thursday announced the merger of the Transactions (M&A) and Risk Consulting Businesses of BMR (BMR).
RIL consolidated profit in June quarter up 12 per cent sequentially
Jul 21, 2017, at 12:36 am
Mumbai, Jul 20 (IBNS): Reliance Industries Limited (RIL) reported its financial performance for the quarter ended June 30, 2017 on Thursday.
Indian benchmark indices end lower on Thursday
Jul 20, 2017, at 10:10 pm
Mumbai, Jul 20 (IBNS): Indian equity benchmarks on Thursday closed lower following profit booking by investors, according to media reports.
APPSeCONNECT wins NASSCOM East IT Awards 2017 in "Emerge" Category
Jul 20, 2017, at 07:54 pm
Kolkata, July 20 (IBNS): APPSeCONNECT – an enterprise category iPaaS product by InSync Tech-Fin Solutions Ltd. has been awarded the prestigious NASSCOM East IT Awards 2017 in the “Emerge – IT product†category.
Cabinet approves Integrated Goods and Services Tax (Amendment) Bill, 2017
Jul 20, 2017, at 02:53 am
New Delhi, July 19 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday given its ex-post facto approval for the promulgation of the Integrated Goods and Services Tax (Extension to Jammu & Kashmir) Ordinance, 2017 and replacement of the Ordinance by the Integrated Goods and Services Tax (Amendment) Bill, 2017.
Dun & Bradstreet India holds 4thInsurance Summit
Jul 20, 2017, at 12:26 am
Kolkata, July 19 (IBNS): Dun & Bradstreet, the world’s leading provider of global business information, knowledge and insight; in association with New India Assurance as the title partner organized the 4th‘Insurance Summit’.
AXIS Securities launches voice-based mobile trading
Jul 20, 2017, at 12:15 am
Kolkata, July 19 (IBNS): Tata Consultancy Services, the leading IT services, consulting and business solutions organization, announced that its customer, AXIS Securities Limited, India, has launched voice-based trading as part of TCS BaNCS Digital, and is among the early adopters of this technology to offer such a capability to its customers.
Indian benchmark indices recover on Wednesday after heavy decline in the previous session
Jul 19, 2017, at 09:35 pm
Mumbai, Jul 19 (IBNS): Indian equity benchmark indices closed higher on Wednesday with BSE Sensex up 244.36 points at 31955.35, and NSE Nifty up 74.75 points at 9901.90, thus recovering from their Tuesday's significant loss.
Axis Bank launches Invoicemart- A digital invoice discounting platform for MSMEs
Jul 19, 2017, at 09:32 pm
Mumbai, July 19 (IBNS): Invoicemart, a digital invoice discounting platform, announced the successful completion of its first set of transactions today. Invoices raised on Sobha Ltd., West Coast Paper, Intex Technologies, Future Retail and other reputed Corporates by their MSME suppliers were discounted by Axis Bank, to mark the commencement of operations.
Vodafone introduces Gurugram's first wi-fi enabled bus stand
Jul 19, 2017, at 01:02 am
Gurugram, July 18 (IBNS): Vodafone India has launched Gurugram’s first Wi-Fi enabled bus shelter at the HUDA City Centre on Tuesday.
Baroda Global Shared Services Ltd appoints Joginder Rana as MD & CEO
Jul 19, 2017, at 12:42 am
New Delhi, July 18 (IBNS): aroda Global Shared Services, the newly created Shared Services Centre set up as a wholly owned subsidiary of Bank of Baroda,on Tuesday announced the appointment of Joginder Rana as the first Managing Director & CEO.
Jet Airways expands connectivity between emerging Indian cities
Jul 19, 2017, at 12:03 am
Mumbai, July 18 (IBNS): In a major move, Jet Airways, India’s full service, premiere international airline on Tuesday announced the expansion of its domestic network during this monsoon by introducing 14 new direct, non-stop flights to emerging cities in domestic India.
Hyundai launches ‘HyBUY’ initiative
Jul 18, 2017, at 11:58 pm
New Delhi, July 18 (IBNS): Automobile giant Hyundai Motor India Ltd (HMIL) on Tuesday launched a Unique and Innovative Digital Marketing Initiative- ‘HyBUY’, redefining the car buying experience.
Raymond launches all-new Glanzo collection for the upcoming Durga Pujo season
Jul 18, 2017, at 10:35 pm
Kolkata, July 18 (IBNS): Raymond on Monday announced the launch of Glanzo Collection, available for its customers in West Bengal.
‘SBI Realty’ unveiled to assist home buyers
Jul 18, 2017, at 08:17 pm
New Delhi, July 18 (IBNS): State Bank of India, an Indian commercial bank, has taken another step towards customers’ convenience by launching ‘SBI Realty’ – a one stop integrated website www.sbirealty.in for Home buyers.
Rs. 8 Lakh crore NPAs likely to undergo bankruptcy proceedings by March 2019: ASSOCHAM
Jul 18, 2017, at 02:12 am
New Delhi, June 17 (IBNS): Emboldened by the Banking Regulation (Amendment) Ordinance, RBI is expected to put bad loans worth about Rs 8 lakh crore for resolution by March 2019, a move that could bring down the non-performing assets (NPAs) to acceptable level and significantly improve the financial health of banks as well, a study done by ASSOCHAM said.
Inflation outlook to stay muted for more months: ASSOCHAM
Jul 18, 2017, at 02:10 am
New Delhi, July 17 (IBNS): With the country set to reap a record foodgrains production and the industry not enjoying any pricing power, the inflation outlook remains quite muted at least till festival season of Durga Puja and Diwali, an ASSOCHAM analysis has suggested.
Tata Power Club Enerji introduces new online module on Active Citizenship
Jul 18, 2017, at 12:49 am
Kolkata, July 17 (IBNS): Club Enerji, Tata Power's nationwide movement, has been relentlessly working towards spreading the message of being responsible citizens by conserving energy and resources across the country, with a strategic focus on nation building. In line with this commitment, the company on Monday announced the launch of its new online module of the Club Enerji programme, called Active Citizenship.
MoU Signed between Department of Defence Production and BEL
Jul 18, 2017, at 12:18 am
New Delhi, July 17 (IBNS): Bharat Electronics Limited (BEL), a Navratna Schedule ‘A’ Central Public Sector Enterprise (CPSE) under the Department of Defence Production, Ministry of Defence signed a Memorandum of Understanding (MoU) for the financial year 2017-18 with the Ministry.
Indian benchmark indices end higher on Monday, NSE Nifty reaches 9,900-mark for the first time
Jul 17, 2017, at 11:08 pm
Mumbai, July 17 (IBNS): With the NSE Nifty closing above the 9,900-mark for the first time, the Indian stock market closed higher on Monday, according to media reports.
Tata Motors gears up for its much awaited all new SUV – Tata NEXON
Jul 17, 2017, at 10:07 pm
Kolkata / Mumbai, July 17 (IBNS): Tata Motors is gearing up for its highly anticipated product introduction in the SUV segment with the Tata NEXON.
ICICI Bank inaugurates its new branch in Srinagar
Jul 17, 2017, at 09:53 pm
Srinagar, July 17 (IBNS): ICICI Bank, a private sector bank by consolidated assets, on Monday inaugurated a new branch at Jehangir Chowk in Srinagar.
Tata Motors develops country’s first Bio-Methane Bus
Jul 17, 2017, at 09:52 pm
Mumbai/Kolkata, July 17 (IBNS): Tata Motors, a Commercial Vehicles manufacturer and popular Bus Brand, yet again showcased a class-leading technology innovation- country’s first Bio-CNG (bio-methane) Bus at the Bio-energy programme, called ‘Urja Utsav’.
Jul 17, 2017, at 09:21 pm
Kolkata , July 17 (IBNS): Panasonic India Pvt. Ltd, a leader in innovation and technology, on Monday unveiled the smartphone for the connected world – the power packed P55 Max featuring a massive 5000mAh battery, metal design, Android™ 7.0 (Nougat) and 13MP camera with Quad LED flash for excellent low light photography.
Afghan forces recapture district town from Taliban after nine months
Jul 17, 2017, at 09:10 pm
Afghanistan, Jul 17 (IBNS) : The Afghan national defence and security forces on Monday regained the control of the district centre of Nawa in southern Helmand province, nine months after it was captured by the Taliban insurgents, state-run Khaama Press reported.
Fino Payments Bank goes live with 410 branches and 25,000 touch points on day one across 14 states
Jul 17, 2017, at 09:07 pm
Kolkata, July 17 (IBNS): Following the final nod from RBI in March 2017, Fino Payments Bank (referred hereinafter as ‘Bank’) today announced the launch of its operations with 410 branches going live across 14 states.
Emirates and flydubai join forces, announce extensive partnership agreement
Jul 17, 2017, at 09:06 pm
Kolkata, July 17 (IBNS): Airlines major Emirates and flydubai on Monday unveiled an extensive partnership which will see the two Dubai-based airlines join forces to offer customers unmatched travel options.
West Bengal needs a deep sea port if it has to take advantage of the export business
Jul 17, 2017, at 08:41 pm
Kolkata, July 15 (IBNS): West Bengal is likely to lose out on export business if a deep sea port is not constructed forthwith, the Calcutta Freight Brokers Association said during its 79th annual general meeting hedl at the Bengal Chamber of Commerce and Industry premises on Friday.