Hire retired bank staff; others on big scale to deal with demonetisation: ASSOCHAM
Nov 15, 2016, at 03:37 am
New Delhi, Nov 14 (IBNS): Assuring the government of India Inc's support against corruption and black money, the ASSOCHAM on Monday impressed upon the government to mobilise all resources across different departments and hire retired bank staff on a massive scale to expedite the currency swapping and withdrawal of cash with minimum inconvenience to the public.
Infosys revamps Council of Europe Human Resource System
Nov 15, 2016, at 01:05 am
Bangalore, Nov 14 (IBNS): Infosys, a leader in consulting, technology, and next-generation services, on Monday announced the deployment of an upgraded human resource management and payroll system for the Council of Europe.
Ujjivan gets RBI nod to commence Small Finance Bank operations
Nov 15, 2016, at 12:14 am
New Delhi, Nov 14 (IBNS): Ujjivan Small Finance Bank Limited, a wholly owned subsidiary of UjjivanFinancial Services Limited, has received the final licence from Reserve Bank of India (RBI) to carry on Small Finance Bank (SFB) business in India subject to the terms and conditions as mentioned in RBI letter dated Nov 11, 2016.
Etihad Airways awarded best first class and best long haul airline Middle-East, Africa
Nov 14, 2016, at 11:59 pm
Mumbai, Nov 14 (IBNS): Etihad Airways has won awards for Best First Class and Best Long Haul Airline Middle-East and Africa in the AirlineRatings.com 2017 Airline Excellence Awards.
Tesco Bengaluru installs E-toilets In Whitefield
Nov 14, 2016, at 10:05 pm
Bengaluru, Nov 14 (IBNS): Tesco Bengaluru, the technology and retail operations team for Tesco worldwide, inaugurated two new e-toilets at The Export Promotion Industrial Park (EPIP) in Whitefield on Thursday.
New series of Rs. 500 denomination notes introduced, withdrawal limits at ATMs increased
Nov 14, 2016, at 02:52 am
New Delhi, Nov 13 (IBNS): As new series of Rs. 500 denomination notes were introduced on Sunday, the Centre also directed banks to increase withdrawal limit from ATMs from Rs. 2000 to Rs. 2500 and exchange limit from Rs.4,000 to Rs. 4,500.
Finance Ministry reviews position on availability, distribution of all denomination of bank notes
Nov 14, 2016, at 02:25 am
New Delhi, Nov 13 (IBNS): The Union Finance Ministry on Sunday reviewed the position regarding availability and distribution of all denomination of bank notes in different parts and regions of the country.
Demonetisation a Masterstroke, Give it time to play out: CII
Nov 14, 2016, at 12:03 am
New Delhi, Nov 13 (IBNS): The recent move by the government to demonetise high denomination notes is likely to have far-reaching impact, striking a blow at the heart of the illegal economy.
Tata Docomo extends bill payment date till Nov 15
Nov 13, 2016, at 07:42 pm
New Delhi /Kolkata, Nov 13 (IBNS): Tata Docomo, the unified telecom brand of Tata Teleservices, has extended the bill payment date for postpaid customers till 15th November.
Apprehensions on Trump to prove wrong; India Inc hails his victory: ASSOCHAM
Nov 13, 2016, at 05:14 am
New York, Nov 12 (IBNS): With his sober, very fair sounding and statesman like demeanor promising a fair deal with the rest of the world, ASSOCHAM on Saturday expressed confidence that apprehensions linked to Donald Trump would certainly prove wrong even as India Inc looks forward to taking the bilateral economic engagement to a greater level under the new administration.
Bilateral trade agreement signed between India, Bhutan
Nov 13, 2016, at 03:52 am
New Delhi, Nov 12 (IBNS): Commerce and Industry Minister Nirmala Sitharaman and H.E. Tengye Lyonpo Lekey Dorji, Minister for Economic Affairs, Royal Government of Bhutan signed the Agreement on Trade, Commerce and Transit between India and the Royal Government of Bhutan in the presence of H.E. Lyonchhen Tshering Tobgay, Prime Minister of Bhutan at the Gyalyong Tshokhang in Thimphu on Nov 12.
Ministry of Finance reviews, takes stock of the cash availability
Nov 13, 2016, at 03:46 am
New Delhi, Nov 12 (IBNS): The Ministry of Finance on Saturday said it has reviewed and taken stock of the cash availability and issuance to members of public.
Re-calibration of ATMs will be completed within 2 weeks: Arun Jaitley
Nov 12, 2016, at 09:52 pm
New Delhi, Nov 12 (IBNS): Union Finance Minister Arun Jaitley on Saturday said re-calibration of ATMs will be completed in 2 weeks time.
Finance Ministry is continuously monitoring currency exchange: Jaitley
Nov 12, 2016, at 09:16 pm
New Delhi, Nov 12 (IBNS): Union Finance Minister Arun Jaitley on Saturday said the Finance Ministry is continuously monitoring the currency exchange happening across the country.
Tata Steel Group posted turnover of Rs.27,471 crores for the second quarter
Nov 12, 2016, at 04:53 pm
Mumbai, Nov 12 (IBNS): Tata Steel reported its financial results for the quarter ended September 30, 2016 (Q2FY17) and half year ended September 30, 2016 (H1FY17) on Friday.
Maritime Infrastructure Developments in East and North East India
Nov 12, 2016, at 04:25 am
Kolkata, Nov 11 (IBNS): Government of India is making huge investments in the landside infrastructure and Inland Waterways which will in the near future provide excellent connectivity in East and North East India.
Demonetisation effect: Two deaths reported at Kerala Banks
Nov 12, 2016, at 02:14 am
Thiruvananthapuram, Nov 11 (IBNS): The effect of Narendra Modi's surgical strike against black money has not been as smooth as the Prime Minister had expected with two loss of lives at Kerala Banks.
Jet Airways posts INR 85 Cr profit in Q2 of FY17
Nov 12, 2016, at 12:44 am
Mumbai, Nov 11 (IBNS): Jet Airways Group on Friday announced a profitable quarter with a profit of INR 85 cr for the period ending September 30, 2016 despite a traditionally 'lean' quarter and domestic yields being under pressure.
India's factory output moves up in September
Nov 12, 2016, at 12:27 am
New Delhi, Nov 11 (IBNS): India's factory output moved up 0.7 percent in September. official data released on Friday said.
Perkins Aurangabad Engine facility inaugurated by Maharashtra Chief Minister
Nov 11, 2016, at 11:09 pm
Mumbai, Nov 11 (IBNS): Devendra Fadnavis, Chief Minister of Maharashtra, has officially inaugurated Perkins world-class engine manufacturing facility in Aurangabad, India.
Tesco Bengaluru installs e-toilets in Whitefield
Nov 11, 2016, at 11:03 pm
Bengaluru, Nov 11 (IBNS): Tesco Bengaluru, the technology and retail operations team for Tesco worldwide, inaugurated two new e-toilets at The Export Promotion Industrial Park (EPIP) in Whitefield on Thursday.
Nov 11, 2016, at 10:58 pm
Mumbai, Nov 11 (IBNS): For the benefit of pre-paid customers running out of balance, Vodafone is providing small credits on both talktime and internet. Additionally, Vodafone India has also extended the bill payment date by three days for postpaid customers in Mumbai and Delhi.
Volvo Buses unveils New Coach Range
Nov 11, 2016, at 10:40 pm
Mumbai, Nov 11 (IBNS): Volvo Buses on Friday unveiled its New Intercity Coach Range at the Busworld 2016 in Bengaluru.
Mobile payment transaction volume to rise manifold to reach 153 billion by FY22: Study
Nov 11, 2016, at 10:26 pm
Mumbai, Nov 11 (IBNS): The mobile payment transaction volume in India is likely to witness exponential compounded annual growth rate (CAGR) of over 90 per cent to reach 153 billion by FY 2022 as against a meagre about 3 billion in FY 2016, noted a recent ASSOCHAM-RNCOS joint study.
OYO ramps up presence in Varanasi to serve travellers attending Dev Deepavali celebrations
Nov 11, 2016, at 10:21 pm
New Delhi, Nov 11 (IBNS): OYO – India’s largest network of branded hotels – has expanded its presence in Varanasi to cater to the extra demand on the occasion of Dev Deepavali and Kartik Purnima.
Indian markets bleed on Friday: BSE Sensex plummets over 680 points
Nov 11, 2016, at 10:13 pm
Mumbai, Nov 11 (IBNS): The Indian markets crashed on Friday largely owing to profit booking, weak Asian cues and concerns over spike in interest rates in the US, according to media reports.
Sensex slumps on Friday morning trade
Nov 11, 2016, at 06:49 pm
Mumbai, Nov 11 (IBNS): The Sensex on Friday has been on a downward spiral, down 489.94 points at 27,024.74 around one pm, according to media reports.
Narendra Modi meets members of India-Japan Business Leaders’ Forum
Nov 11, 2016, at 02:45 pm
Tokyo, Nov 11 (IBNS): Prime Minister Narendra Modi on Friday met members of the India-Japan Business Leaders’ Forum here and said Japan can take advantage of the conducive business environment in India.
Millions in India queue up to swap currencies, banks cope with demonetization
Nov 11, 2016, at 05:00 am
New Delhi, Nov 10 (IBNS) : Millions of people thronged across the banks in the country on Thursday to swap Rs. 500 and Rs. 1000 currencies, banned by the Modi government in a surprise move to curb black money, even as Union Finance Minister Arun Jaitley assured that nobody will be harassed as he slammed the opposition parties that criticised the action to crack down on corruption.
Infosys Foundation invests in IUCAA to support advanced instrument development
Nov 11, 2016, at 03:53 am
Bangalore, Nov 10 (IBNS): Infosys Foundation, the philanthropic arm of Infosys has announced that it has signed an Memorandum of Understanding (MoU) with the Inter-University Center of Astronomy and Astrophysics (IUCAA) through an endowment worth INR 6.5 Crores to build a novel and powerful instrument called Wide Area Linear Optical Polarimeter (WALOP).