NSE to offer Electronic Book Mechanism for issuance of debt securities on private placement basis
Jun 22, 2016, at 02:10 am
Mumbai,June 21 (IBNS): India's Capital Market regulator The Securities and Exchange Board of India (SEBI) has allowed India's leading stock exchange, the National Stock Exchange of India Limited (NSE) to act as an Electronic Book Provider to facilitate electronic book mechanism for issuance of debt securities on private placement basis.
DHFL Pramerica launches online health insurance product
Jun 22, 2016, at 01:20 am
Gurgaon, Jun 21 (IBNS): DHFL Pramerica Life Insurance Co. (DPLI) on Tuesday, announced its foray into health insurance segment with the launch of its first online direct to customer product-DHFL Pramerica Dengue Shield, a traditional fixed benefit individual health insurance plan.
COO Nikesh Arora to take on advisory role at SoftBank Group
Jun 21, 2016, at 11:08 pm
Tokyo, June 21 (IBNS) SoftBank Group Corp.on Tuesday announced that Nikesh Arora, Representative Director, President and Chief Operating Officer of SBG, will assume an advisory role, effective July 1.
Jun 21, 2016, at 10:15 pm
Mumbai, Jun 21 (IBNS): Indian benchmark indices dipped at close of business on Tuesday, with Sensex down 54.14 points to 26812.78 and Nifty down 18.60 points to 8219.90.
Muthoot Finance completes acquisition of Muthoot Insurance Brokers Pvt Limited
Jun 21, 2016, at 09:46 pm
Kochi, June 21 (IBNS) Muthoot Finance Ltd on Tuesday announced that it has successfully completed the acquisition of Muthoot Insurance Brokers Pvt Limited (MIBPL) by transfer of equity shares from its existing shareholders for a consideration of Rs. 20 crores, making MIBPL a wholly owned subsidiary of Muthoot Finance.
Jun 21, 2016, at 09:37 pm
Mumbai/ Kolkata, June 21 (IBNS): Tata Power, India’s largest integrated power company, today announced that the Company’s 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has won Solar grid connected photovoltaic project of 30 MW in Maharashtra.
Indus Towers launches the second edition of its Sustainability Report
Jun 21, 2016, at 09:36 pm
New Delhi, June 21 (IBNS): Building on its philosophy of ‘Putting India First’, Indus Towers, India’s largest telecom tower company, recently launched the second edition of its annual Sustainability Report for FY2014-15.
TajSATS Delhi has been awarded ‘Best Inflight Caterer’ for the year 2016
Jun 21, 2016, at 09:07 pm
Kolkata/Mumbai, June 21 (IBNS): The Delhi unit of TajSATS, the country’s leading airline catering company, was awarded the ‘Best Inflight Caterer’ for the year 2016 at the GMR-IGI Airport Awards 2016.
Tata Power wins 30MW solar grid connected photovoltaic project in Maharashtra
Jun 21, 2016, at 09:06 pm
Mumbai, Jun 21 (IBNS): Tata Power, one of India’s key integrated power company, announced on Tuesday that the company’s 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has won a solar grid connected photovoltaic project of 30 MW in Maharashtra.
Bank of Baroda put up stall to facilitate allottees of WB Govt. employees under AKANSHA
Jun 21, 2016, at 09:04 pm
Kolkata, June 21 (IBNS) Bank of Baroda has put up a stall at Uttam Moncha to facilitate the allottees of West Bengal Government employees under AKANSHA Housing Project, New Town.
Vodafone M-Pesa partners with Bengaluru Electricity Supply Company Limited for easy bill pay
Jun 21, 2016, at 06:44 pm
Bangalore, June 21 (IBNS) Residents of Bengaluru, Davangere, Tumkur and Chitradurga can now pay their Electricity bill ‘On the Go’ with Vodafone M-Pesa.
Govt introduces 100 pct FDI in civil aviation
Jun 21, 2016, at 05:44 am
New Delhi, June 20 (IBNS): In a major reform, the Union Government radically liberalized the FDI regime on Monday and permitted 100% foreign ownership in defence and civil aviation.
ICICI Bank inaugurates new branch in Karnataka
Jun 21, 2016, at 01:52 am
Bengaluru, Jun 20 (IBNS): ICICI Bank Ltd, a private sector bank, inaugurated a new branch at Channagiri in Davanagere district of Karnataka.
Manufacturing and services, urban consumption keep Indian economy on growth path: World Bank
Jun 20, 2016, at 11:44 pm
New Delhi, June 20 (IBNS): The Indian economy will continue to post robust growth in the coming years, says the latest India Development Update of the World Bank.
Lava strengthens its leadership team to stay ahead of the curve
Jun 20, 2016, at 11:35 pm
New Delhi/ Kolkata, June 20 (IBNS) LAVA International Limited,an Indian brand , begins a new chapter in its growth story by announcing the appointment of two senior executives in the organization.
Raghuram Rajan says monetary policy committee a momentous step to fight against inflation
Jun 20, 2016, at 11:05 pm
Mumbai, June 20 (IBNS) RBI Governor Raghuram Rajan on Monday said setting up of the independent monetary policy committee (MPC) as a 'momentous step' taken by the government to fight against inflation.
Jun 20, 2016, at 10:25 pm
Kolkata, June 20 (IBNS) City & Guilds Group, a leader in global skills development, today unveiled the findings of its first Skills Confidence Report – an international study of 8,000 employees in India, the United Kingdom, United States and South Africa.
Kotak Mutual Fund launches Long Term Income (LTI) facility
Jun 20, 2016, at 10:01 pm
Mumbai, June 20 (IBNS): Kotak Mahindra Asset Management Company. Ltd has announced the launch of Long Term Income (LTI) facility to meet the need for predictable, long term, cash-flow requirement of investors.
Jun 20, 2016, at 10:00 pm
New Delhi, June 20 (IBNS): ShopClues, India’s first and largest managed marketplace, has announced the exclusive foray of NYC in India through its platform.
Rajan exit will certainly create a vacuum: ASSOCHAM
Jun 20, 2016, at 09:13 pm
New Delhi, June 20 (IBNS) ASSOCHAM on Monday said Raghuram Rajan's exit as RBI Governor will create a vacuum.
Land Rover introduces petrol derivative of Discovery Sport in India
Jun 20, 2016, at 09:06 pm
Kolkata/Delhi, June 20 (IBNS) : Jaguar Land Rover India on Monday announced launch of the 2.0 litre petrol derivative of the Land Rover Discovery Sport in India at an attractive starting price of INR 56.50 Lacs, ex-showroom, Delhi.
Rajan's exit pulls down rupee, but fails to affect market
Jun 20, 2016, at 04:42 pm
Mumbai, June 20 (IBNS) Reserve Bank Governor Raghuram Rajan's announcement for exit in September pulled down the rupee nearly by one per cent on Monday to hit 67.68, its lowest in about one month, reports said.
Jun 20, 2016, at 03:04 pm
New Delhi, June 20 (IBNS): Days after RBI governor Raghuram Rajan announced he will not serve the post for a second term, the Sensex opened on Monday Sensex opened 153.40 points low on Monday.
AirAsia wins best customer care award at prestigious World Air Cargo Awards
Jun 19, 2016, at 09:47 pm
Shanghai, June 19 (IBNS): The cargo division of AirAsia, the world’s best low cost airline, has won the prestigious Air Cargo Industry Customer Care Award at the 2016 World Air Cargo Awards held in Shanghai yesterday.
FOSECA alleges large scale fraud by AN Buildwell
Jun 19, 2016, at 08:13 pm
New Delhi, Jun 19 (IBNS): Federation of Spire Edge Customers Associations (FOSECA) has alleged that promoters of AN Buildwell are trying to block the revival scheme filed by the customers of Spire Edge.
Rajan says no to second term as RBI Guv, speculations rife over his successor
Jun 19, 2016, at 03:30 pm
New Delhi, Jun 19 (IBNS): With Reserve Bank Of India (RBI) Governor Raghuram Rajan's term scheduled to end in September, speculations are rife on who will succeed him.
Raghuram Rajan's successor will be announced soon: Jaitley
Jun 19, 2016, at 12:49 am
New Delhi, June 18 (IBNS): Union Finance Minister Arun Jaitley on Saturday announced that Reserve Bank of India Governor Raghuram Rajan's successor will be announced soon.
Jun 19, 2016, at 12:48 am
New Delhi, June 18 (IBNS) Commerce & Industry Minister Nirmala Sitharaman and Joo Hyunghwan, the Minister of Trade, Industry & Energy, Government of the Republic of Korea, on Saturday, launched Korea Plus, a special initiative to promote and facilitate Korean Investments in India.
Boeing, TATA Joint Venture establishes aerospace facility in Hyderabad
Jun 19, 2016, at 12:33 am
Kolkata, June 18 (IBNS) Boeing and Tata Advanced Systems on Saturday celebrated the foundation laying of a new facility in Hyderabad for its joint venture named TATA Boeing Aerospace Limited (TBAL).
RBI simplifies process of registration of new NBFCs
Jun 18, 2016, at 05:28 pm
Mumbai, Jun 18 (IBNS): To ease the process of registration of new Non Banking Financial Companies (NBFCs),the Reserve Bank of India (RBI) , on Friday, simplified the application form and revised the list of documents to be submitted.