Business India News

Vivo Healthcare aims to establish 100 training centres by the end of 2017
New Delhi , Feb. 21 : India's first healthcare education and training company, Vivo Healthcare is eyeing major expansion across India, South Asia and the Middle East, following fresh strategic funding from Netherlands-based ICCO Investments. Read Full Story

Dr Jawahar Surisetti felicitated with BBC Knowledge award for outstanding contribution to education
New Delhi , Feb 21 (ANI-BusinessWireIndia): Eminent educationist and psychologist has been bestowed the BBC Knowledge Award for Outstanding Contribution to education at the World Education Awards at Taj Lands End in Bandra by the Minister of Education of Malaysia on 18th February for his mass movement to reduce dropouts and girl education. Read Full Story

Siemens to deploy state-of-the-art signalling systems for Nagpur Metro
New Delhi , Feb. 21 : Siemens Limited and Siemens Rail Automation Ltd. S.A.U Spain have jointly won an order worth Rs. 287 crore to supply state-of-the-art signaling technology for the first two metro lines of the Nagpur Metro, the North-South and the East-West Corridors. Read Full Story

CMR Research Report: Samsung, Apple and HTC most successful global premium smartphone brands over last decade
New Delhi , Feb 21 : Samsung, Apple and HTC have emerged as the most successful mobile brands in the first decade of smartphones in India, according to the Mobile Industry Consumer Insight (MICI) Report by CyberMedia (CMR) Research. Read Full Story

VNL urges domestic equipment manufacturers to take lead in Telecom exports at the ASEAN-India Digital Partnership meet
New Delhi , Feb 21 : To commemorate the 25th year of the ASEAN India relations, TEPC (Telecom Equipment and Services Export Promotion Council) organized an inter-ministerial meeting between telecom ministers of ASEAN countries and India in New Delhi today. Read Full Story

Looking forward to GST for smoother cost cutting mechanisms, says VP Kirloskar
New Delhi , Feb. 21 : The most anticipated Goods and Services Tax (GST) bill, which is most likely to be a game-changer in terms of cost cutting will provide leverage to implement cost cutting mechanisms, thus paving way for consumers to avail Gensets at lower costs, said Sanjeev Nimkar, Vice President, Business Head Kirloskar Oil Engines Ltd., at the launch of their new range of High Horsepower (HHP) Gensets. Read Full Story

N Chandrasekaran set to take over as Tata Sons Chairman
New Delhi , Feb. 21 : It will be a historic moment when Natarajan Chandrasekaran takes over as Chairman, Tata Sons, being the first non-Parsi to take over reigns of the country's most diversified business group Read Full Story

Reliance Jio and Uber announce strategic partnership
Kolkata, Feb 21 : Reliance Jio Infocomm Ltd and Uber have announced a strategic partnership aimed at bringing the benefits of Jio Digital Life ecosystem to their users. Read Full Story

Matrix Partners India set to complete its investment term with Cloudnine Group of Hospitals
Bengaluru, Feb 20 : Marquee Venture Capital firm Matrix Partners India has successfully completed its investment term in Cloudnine Group of Hospitals becoming the first investor in the hospital to initiate the process for an investment exit. Matrix had backed Cloudnine in its early growth strategy in 2011, an investment funded through their first fund and had also re-invested in subsequent investments rounds thereafter. Investment banking firm Spark Capital has been appointed to facilitate the process. Read Full Story

Time to move on from demonetisation: HDFC Chairman
New Delhi , Feb. 21 : After relentless debates have been underway discussing the impact of demonetisation, HDFC Bank Chairman Deepak Parekh on Tuesday stated that it is high time this discussion ended, while casting his vote in Mumbai today in the BMC polls. Read Full Story

Fortis Healthcare partners with Excelity for payroll and benefits administration
New Delhi , Feb. 21 : Excelity Global, India's largest provider of payroll administration, benefits and human capital management, announced its collaboration with Fortis Healthcare, on Monday. Read Full Story

Infosys denies allegations made by whistleblower's letter
New Delhi , Feb. 21 : IT solutions provider Infosys retaliated against allegations made in the anonymous whistleblower's letter that was published in newspapers on Monday, stating that the assertions made are libellous and are aimed at tarnishing the image of Infosys and its management. Read Full Story

Flipkart, Microsoft forge cloud partnership to expand e-commerce in India
Bangalore, Feb 20 : Microsoft and Flipkart on Monday announced a strategic partnership to provide consumers in India with the best online shopping service. Read Full Story

CEO Rajesh Gopinathan, COO NG Subramaniam appointed to board: TCS
Mumbai, Feb 20 : Tata Consultancy Services (TCS), a leading IT services, business solutions and outsourcing firm, on Monday announced that Rajesh Gopinathan who will take over as the Chief Executive Officer from N Chandrasekaran has been appointed as the Managing Director on the board. Read Full Story

V Ramakrishnan appointed CFO of TCS
Mumbai, Feb 20 : Tata Consultancy Services (TCS), a leading IT services, business solutions and outsourcing firm, on Monday announced that V Ramakrishnan has been appointed as the Chief Financial Officer. Read Full Story

Kotak Life Insurance launches Kotak Premier Income Plan
Mumbai, Feb 20 : Kotak Mahindra Old Mutual Life Insurance Limited (Kotak Life Insurance), on Monday announced the launch of Kotak Premier Income Plan (KPIP). Read Full Story

EDII wins International Mercury Award 2016-17
Ahmedabad, Feb 20 : Entrepreneurship Development Institute of India (EDII), an acknowledged national resource Institute for Entrepreneurship Education, Research, Training and Institution Building, has received the prestigious International Mercury Awards for the year 2016/2017. Read Full Story

Reliance Jio and Uber announce strategic partnership
Kolkata, Feb 20 : Reliance Jio Infocomm Ltd ('Jio'), the world's fastest growing digital services company and Uber, the country's ridesharing app, have announced a strategic partnership aimed at bringing the benefits of Jio Digital Life ecosystem to their users. Read Full Story

TCS appoint V. Ramakrishnan as CFO, Rajesh Gopinathan as CEO
Mumbai , Feb. 20 : Tata Consultancy Services (TCS) Ltd on Monday appointed V. Ramakrishnan as the Chief Financial Officer (CFO) of the company. Read Full Story

Reliance Jio, Uber announce strategic partnership
Mumbai, , Feb. 20 : Reliance Jio Infocomm Ltd and Uber have announced a strategic partnership aimed at bringing the benefits of Jio Digital Life ecosystem to their users. Read Full Story

Looking forward to GST for smoother cost cutting mechanisms, says VP Kirloskar
New Delhi , Feb. 20 : The most anticipated Goods and Services Tax (GST) bill, which is most likely to be a game-changer in terms of cost cutting will provide leverage to implement cost cutting mechanisms, thus paving way for consumers to avail Gensets at lower costs, said Sanjeev Nimkar, Vice President, Business Head Kirloskar Oil Engines Ltd., at the launch of their new range of High Horsepower (HHP) Gensets. Read Full Story

Kissandhan loan facilities extended to Asia's largest Mandi - Narela
New Delhi , Feb.20 : Kissandhan Agri Financial services Pvt. Ltd (Kissandhan), a wholly-owned subsidiary of Sohan Lal Commodity Management Pvt Ltd (SLCM Group), India's leading post harvest agri-management Group, today announced activation of loan facility at Narela Mandi, which is Asia's largest mandi for wheat and rice. The company has also started penetrating the market at Bikaner Mandi in Rajasthan and Latur Mandi in Maharashtra. Read Full Story

Rupa Frontline launches new campaign, hails Ranveer as 'Aankh Ka Taara'
Kolkata (West Bengal) , Feb.20 : India's much acclaimed inner wear brand; Rupa Frontline has launched its latest ad campaign starring Ranveer Singh. This is the first campaign post its logo launch earlier this year, which reiterates the brand's proposition of comfort in a fun and lively manner. Read Full Story

NEC, NTT DOCOMO conduct 5G base station verification trials of Massive MIMO technology
New Delhi , Feb 20 : NEC Corporation has announced that it has completed joint verification trials with NTT DOCOMO, Inc. using Massive Multiple Input Multiple Output (MIMO), a core technology for 5G base stations. Read Full Story

Revenues for communications service providers to be boosted by NEC's AI
New Delhi , Feb 20 : NEC Corporation today announced that NEC Laboratories Europe has developed a new technology, Net2Vec that brings Artificial Intelligence (AI) to communication networks. Read Full Story

Indian market ends Monday on positive note, TCS shares rally on buyback news
Mumbai, Feb 20 : The Indian market closed on a high note on Monday largely riding on positive clues and TCS shares. Read Full Story

Talented students find job offers at Centum Learning's pre-placement fair
Ranchi, Feb 20 : Centum Learning in partnership with Jharkhand Skill Development Mission Society (JSDMS), Government of Jharkhand, recently organised a day long pre-placement fair for 150 candidates being trained under Saksham Jharkhand Kaushal Vikas Yojana (SJKVY). Read Full Story

Carl's Jr. on an expansion spree; opens new outlet at 'One Horizon Centre' in Gurugram
New Delhi , Feb 20 : After successful openings at their existing restaurants in Saket, Pacific Mall and Mall of India (Noida), Carl's Jr.®, the iconic American burger chain is now bringing its bigger and better California-style burgers to a prime location on the Gold Course Road, OHC (One Horizon Centre), Gurugram. Read Full Story

Idea launches 4G services in UP West
New Delhi , Feb 20 : Telecom operator Idea Cellular on Monday announced the launch of world class 4G services in UP West Telecom circle. Read Full Story

TCS approves buyback of up to 5.6 crore shares
New Delhi , Feb 20 : The Tata Consultancy Services (TCS) board on Monday announced buyback of up to 5.6 crore equity shares of the company for an aggregate amount not exceeding Rs. 16,000 crore. Read Full Story

SBI launches generic top level domain with its website 'Bank.sbi'
New Delhi , Feb 20 : The State Bank of India (SBI) on Monday announced rebranding of its corporate website as 'bank.sbi' from earlier sbi.co.in in respect of generic Top Level Domain (gTLD). gTLD adoption that enables an organization to use its corporate name (.sbi) as their website's top-level identifier. Read Full Story

Zero cost EMI purchases on Snapdeal grow by 100 percent
New Delhi , Feb 20 : Largest online marketplace Snapdeal on Monday revealed interesting statistics around its zero cost EMI offering, launched in December 2016. Read Full Story

Flipkart, Microsoft forge cloud partnership to expand e-commerce in India
New Delhi , Feb 20 : Microsoft on Monday announced its strategic partnership with Flipkart to provide consumers in India with the best online shopping service. Read Full Story

Excited about the potential of augmented reality: Satya Nadella
New Delhi , Feb 20 : India-born chief executive of Microsoft Satya Nadella on Monday said that the company is very excited about the potential of augmented reality along with Microsoft's Cortana's AI offering, which has the capability to do human-level speech recognition. Read Full Story

True Balance raises Rs. 100 crore in Series B funding
New Delhi , Feb 20 : India's top mobile balance management service app True Balance on Monday announced that it has raised a sum of Rs. 100 crore in Series B round of funding from Softbank Ventures Korea. Read Full Story

ETV Telugu now exclusively available on YuppTV, in United States
New Delhi , Feb 20 : Global OTT leader in South-Asian content YuppTV on Monday announced that it has entered an exclusive partnership with ETV Telugu in the United States. Read Full Story

Videocon's connect broadband, MobiKwik tie-up to promote cashless digital transactions
New Delhi , Feb 20 : Connect Broadband, the telecom arm of the Videocon Group and market leader in broadband in Punjab has collaborated with Indian mobile wallet major 'MobiKwik' to offer and promote cashless digital transactions. Read Full Story

FarEye logistics platform bags Amway India contract
Bengaluru Feb 20, : FarEye, a logistics technology solutions firm, has signed a contract with Amway India to help increase the visibility of deliveries of customer orders for the direct selling company. Read Full Story

Should SyncNScan invest in ATL to gain a wide base of customers?
New Delhi , Feb 19 : SyncNScan is a young company, which was set up by ex-Microsoft leaders and they were pioneers in introducing anti-virus for mobile devices. Read Full Story

CAclubindia's GST app crosses 85,000 downloads in a month
New Delhi , Feb. 19 : CAclubindia's Goods and Services Tax (GST) app became the number one app on GST on Google Play Store, with a successful 85,000 plus downloads within a month's time, scoring an average of 4.4 rating by over 700 users. Read Full Story

Red Mango India launches new health Bistor Menu
New Delhi , Feb 19 : Red Mango is launching a new dimension to healthy eating by introducing its new line of food called "ACTIVE FOOD" with an entire variety of value meals packed with natural ingredients made fresh at the cafes. Read Full Story

Food processing sector to generate 9 million jobs by 2024: study
New Delhi , Feb. 19 : Indian food processing sector has the potential to attract USD 33 billion of investment and create nine million jobs by FY 2024, revealed an ASSOCHAM-Grant Thorton Research paper. Read Full Story

ONE Co.Work inaugurates third co-working in Gurugram
New Delhi , Feb. 19 : ONE Co.Work, the end-to-end co-working space provider, announced the launch of its Gurugram-based co-working office on Saturday. The event received a phenomenal response from the start-up community, investors, freelancers, and bloggers, and was also attended by several industry veterans. Read Full Story

Draft Compensation Bill approved by GST Council: Finance Minister Jaitley
Udaipur (Rajasthan) , Feb. 18 : While announcing the approval of the Draft Compensation Bill, Finance Minister Arun Jaitley said the draft law will now be sent to the cabinet and subsequently tabled during the second budget session from April 25-May 13. Read Full Story

GST Council likely to finalise draft model GST law on Saturday
Udaipur, Feb 18 : The Goods and Services Tax (GST) Council is meeting in Udaipur on Saturday where the model GST law draft is expected to be finalised according to media reports. Read Full Story

Get India in a bottle, courtesy Bombay Perfumery
By Somdatta Saha, New Delhi , Feb. 18 : Looks like India is all set to have its very own niche perfume with the addictive woody scent of fresh masala chai; the intense aroma of Indian cardamom; the heavenly marriage of earthy ginger oil and khus. Read Full Story

Destination Buzzaria Dukan: Perfect blend of culture, class
New Delhi , Feb. 18 : Keeping the nerve of the city in mind- mixture of whole India- now get one stop store in the national capital, to cater to all your needs of fashion and design. Read Full Story

GST council expected to finalise laws at the Udaipur meeting today
New Delhi , Feb. 18 : The 10th council meeting of the Goods and Services Tax (GST) to vet the draft supporting legislations crucial for its implementation has begun at Udaipur here today. Read Full Story

Basmati rice exports delayed due to resumption of imports by Iran, says ICRA
New Delhi , Feb. 18 : Delay in resumption of imports by Iran is likely to hinder the recovery in Indian Basmati rice exports, says credit rating agency, ICRA, in its latest update note on Indian Basmati rice industry. Read Full Story

Mahindra announces nation-wide Mega Service Camp 'M-Plus' for its range of personal vehicles
Mumbai, Feb 17 : Mahindra & Mahindra Ltd. (M&M Ltd.), India's leading SUV manufacturer, has announced a free nation-wide mega service camp, named M-Plus, for its range of personal vehicles. Read Full Story

Jharkhand govt signs MoU with Microsoft to enhance citizen services with cloud, mobile technologies
Ranchi/ Kolkata, Feb 17 : The Government of Jharkhand signed a Memorandum of Understanding (MoU) with Microsoft India at the 'Momentum Jharkhand: Global Investors Summit & Trade Exhibition' on Friday to leverage cloud technologies to drive the state's digital ambitions. Read Full Story

Karur Vysya Bank expands its branch network
Chennai, Feb 17 : Karur Vysya Bank on friday opened its 709th branch (overall) at Periyar Nagar in Chennai. Read Full Story

Cox and Kings bags twin honours for excellence in outbound tour operations
Mumbai, Feb 17 (NotinTown): Cox & Kings Ltd, one of the leading holidays and education travel group, picked up two top industry accolades. Read Full Story

Roseate House unveils exquisite experience in luxury with 'Roasted'
New Delhi , Feb 17 : Roseate House New Delhi on Friday announced its most recent offering by luxury hotel brand as it launched 'Roasted', a chic patisserie and tea lounge. Read Full Story

Spice Digital, MoMagic introduces real-time, mobile app analytics solution 'AdGyde'
New Delhi , Feb 17 : Spice Digital Limited, a part of Spice Mobility group has joined hands with MoMagic Technologies to introduce a new product named 'AdGyde'. AdGyde is a real time, mobile App Analytics and Attribution Solution for the App developers and marketers. Read Full Story

RBI imposes penalty on Janata Urban Co-operative Bank in Satara district
New Delhi , Feb 17 : The Reserve Bank of India (RBI) on Friday Read Full Story

Melbourne hosts the first creative industries delegation from India
New Delhi , Feb 17 : The State Government of Victoria hosted a delegation of India's leading Creative Industries for the first time in Melbourne from the 14th 16th of February. The delegation explored business opportunities against the backdrop of the inaugural Asia-Pacific Triennial of Performing Arts (Asia TOPA). Read Full Story

Demonetisation to take India's economy to sharp V growth : RBI Governor
Mumbai, Feb 17 : Reserve Bank of India Governor ,Urjit Patel on Friday said that India's economy will take a sharp upswing as a result of scrapping old Rs. 500 and 1,000 notes. Read Full Story

Nadir Godrej honoured with Chemtech Leadership & Excellence Award 2017 - Hall of Fame
Mumbai, Feb 17 : Nadir Godrej, Managing Director, Godrej Industries Limited received the prestigious Chemtech Leadership & Excellence Award 2017 - Hall of Fame by Maulik Jasubhai, Chairman and CEO, Jasubhai Group and Chemtech foundation at a recent event held in Mumbai. Read Full Story

Killer launches its SS17 collection - JEANOS
Kolkata, Feb 17 : Killer the cult casual wear brand in India has scored once again by introducing the new word in the fashion lexicon of the youth. The home grown label is launching its unique line of collection named as 'Jeanos', which will be rolled out across its standalone retail outlets and MBO's. Read Full Story


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