Business India News

Sensex up by 112.60 points, marks an all-time high of 30,862.63
New Delhi , May 26 : The market on Friday witnessed a surge in its trade with the Sensex and Nifty hitting an all time high of 30,862.63 and 9,534.75 respectively. Read Full Story

ITC wins prestigious Porter Prize 2017 in two categories 'Excellence in Corporate Governance and Integration', 'Creating Shared Value'
New Delhi , May 26 : ITC Limited has won the prestigious Porter Prize 2017 award for 'Excellence in Corporate Governance and Integration' and for its exemplary contribution in 'Creating Shared Value'. Read Full Story

C-Zentrix launches its customer engagement solutions-TrixChat, Zenbot
New Delhi , May 26 : C-Zentrix, a Gartner Magic Quadrant for CCI 2016-recognised product company and a cloud-based advance communication management provider on Thursday announced the launch of two new products in its customer engagement solutions portfolio, 'TrixChat' and 'ZenBot'. Read Full Story

nexGTv now available on Amazon's Fire TV Stick
New Delhi , May 26 : nexGTv, a subscription-led video entertainment app on Thursday made its big-screen debut with its launch on Fire TV Stick, a digital streaming device from Amazon, and is now available on Amazon India. Read Full Story

International Fertiliser Association hires Rakesh Kapur as Chairman
New Delhi , May 25 : Rakesh Kapur, Joint Managing Director, Indian Farmers Fertiliser Cooperative Limited (IFFCO), has been elected as the Chairman of the International Fertilizer Association (IFA) at the recent IFA's Annual Conference held from May 22nd - 24th in Marrakech, Morocco in which 1400 participants were present. Read Full Story

Infosys, HP Inc. announces strategic alliance to accelerate digital transformation for enterprise
New Delhi , May 25 : Infosys and HP Inc. On Thursday launched joint Retail Point of Sale (RPOS) and Enterprise Device as a Service (DaaS) solutions to help businesses accelerate digital transformation as part of the HP Global System Integrator (GSI) Alliance Program. Read Full Story

GVA expected to rise by 6.9 pct in Q4 FY2017 aided by remonetisation: ICRA
New Delhi , May 25 : Credit rating agency ICRA expects Indian GDP and gross value added (GVA) at basic prices to expand by 7.1 percent and 6.9 percent, respectively, in year-on-year (YoY) terms in Q4 FY2017. Read Full Story

Latest Version of Epicor ERP extends manufacturing leadership with cloud-based analytics and global electronic compliance
New Delhi , May 25 : Unveiled at its Insights 2017 customer conference, Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, has introduced the latest version of Epicor ERP, the global enterprise resource planning solution in use today by thousands of customers in 150 countries worldwide. Read Full Story

Aster DM Healthcare launches 'Aster Emergency' app for real time interface
New Delhi , May 25 : Envisioning a leap in emergency care, Aster DM Healthcare on Thursday launched its most novel and unique concept, the 'Aster Emergency' app, which will offer real-time interface between the patient in emergency and a GPS-enabled Aster 'Responder'. Read Full Story

OLX mobile phones category booming steered by Millennials
New Delhi , May 25 : With almost 10 million mobile phones, and mobile accessories listed in FY 2016-17 alone, OLX has reinforced its position as the number one online destination for pre-owned mobiles in India. Read Full Story

Brooks Brothers now just a 'CLiQ' away
New Delhi , May 25 : Checking out the latest collection and buying them will now be on your finger tip as American clothing brand Brooks Brothers is now just a click away. Read Full Story

Everyuth defines new age naturals with Tulsi Turmeric face wash
New Delhi , May 25 : Everyuth Naturals, a pioneer and a leading skincare brand known for its natural ingredients and effective products has announced the re-launch of its flagship product in the face wash category with-the new improved Everyuth Tulsi Turmeric Face Wash. Read Full Story

Alibaba Mobile Business appoints Young Li as Head of International Business Department
New Delhi , May 25 : Alibaba Mobile Business Group on Thursday announced appointment of Young Li as Head of International Business Department. Read Full Story

Women get mentored by Industry Leaders at JobsForHer's second mentorship roadshow
New Delhi , May 25 : JobsForHer (JFH), an online connecting portal that enables women on a professional break to restart their careers and achieve their full potential, announces the launch of its second roadshow. Read Full Story

Aye Finance raises USD 8 mn from Blue Orchard
New Delhi , May 25 : Non-banking finance company (NBFC) committed to transforming micro and small enterprise financing in India Aye Finance has announced raising USD eight million from Blue Orchard, a leading global impact investment manager. Read Full Story

Now, chat and book movie tickets online!
New Delhi , May 25 : Booking online movie tickets will now be easier as Niki is there at your service. Read Full Story

ixigo amongst most used train travel app; inks 20 mn installs
New Delhi , May 25 : ixigo has announced hitting the numero uno spot by becoming India's most used train travel app with over 20 million cumulative installs and over five million monthly active users. Read Full Story

Taxmann recognised as GST Suvidha Provider by Govt. of India
New Delhi , May 25 : Leading publisher of tax and corporate laws in India Taxmann.com has announced its recognition as the Goods and Services Tax Suvidha Provider (GSP) by the Government of India. Read Full Story

Excelity Global launches ezpayroll TM for SMEs priced from Rs. 9.99
New Delhi , May 25 : Excelity Global, India and Asia Pacific's largest payroll service provider has announced the launch of ezpayroll, a SaaS based payroll solution specifically targeted at SMEs and start-ups in India. Priced from Rs. 9.99, ezpayroll addresses the entire gamut of modern and complex payroll needs of SMEs to ease the administrative burdens associated with payroll processing, government-related compliance and scaling up with growing needs while at the same time providing employees with Tax saving options. Read Full Story

Shardul Amarchand Mangaldas announces Shuva Mandal, partner, National Practice head to join TATA Group
New Delhi , May 25 : Shardul Amarchand Mangaldas announced today that Shuva Mandal, National Practice Head of Corporate, M&A and Private Equity at SAM & Co., will be joining the USD 100b TATA Group as its Group General Counsel. He will be part of N. Chandrasekaran's special team that will assist in transforming the TATA Group. Read Full Story

Aviva Life Insurance Bags 'Product of the Year 2017'
New Delhi , May 24 (ANI-Businesswire India): Aviva Heart Care has been voted as Product of the Year 2017, for product innovation in the insurance category. Read Full Story

Studying bottom of pyramid banking habits
New Delhi , May 24 : The Institute of Rural Management Anand (IRMA), along with Grameen Foundation India, recently concluded a study entitled "Scaling Digital Financial Services: Research and Innovation". Aimed at gauging savings and banking habits of the Bottom of the Pyramid (BoP) populace - both rural and urban - the study threw up some interesting revelations. Read Full Story

BI Worldwide India wins big at the 31st MAA worldwide globes
New Delhi , May 24 : BI WORLDWIDE India, a global leader in delivering technology-enabled engagement and loyalty solutions, has won the Bronze award in the 'Best Business to Business or Trade Marketing Campaign' at the 2016 MAA Worldwide Globes. Read Full Story

IFFCO, Bank of Baroda launch co-branded debit card for farmers
New Delhi , May 23 : Largest fertiliser cooperative IFFCO on Tuesday announced its collaboration with Bank of Baroda to launch its co-branded debit card for farmers at a card distribution ceremony organized at their corporate office in New Delhi. Read Full Story

Indian markets are growing at a rapid pace, says DOC Research Institute
New Delhi , May 23 : Indian markets are growing at a rapid pace, involving new stakeholders whom until a few years ago did not have any visible and significant presence as far as supply chain space was concerned. Read Full Story

Street Food Festival: Treat yourself to some Ancient Barbeque this weekend
New Delhi , May 23 : Hungry for street food, Delhi? Get ready for an exciting culinary journey as The Ancient Barbeque is bringing a diverse swath of delicacies this weekend. Read Full Story

Marketing convergence between Khadi and Village Industries Commission, Ministry of MSME, Government of India and Aditya Birla Fashion and Retail Ltd.
New Delhi , May 23 : Adding a new strength to Khadi India's fashion power-house, Aditya Birla Fashion and Retail Ltd. and Khadi and Village Industries Commission, Ministry of MSME, Government of India today announced a strategic collaboration to strengthen the synergies between the two iconic Indian brands. Read Full Story

Mahindra first choice wheels extends its leadership in the used car industry
New Delhi , May 23 : Mahindra First Choice Wheels Ltd., India's number one multi-brand used car products and services company extended its leadership position in the used car industry with a strong performance in F17 in all areas of the business. Read Full Story

NVS goes Digital, to establish 8 Centers of Excellence in 8 cities
New Delhi , May, 23 : Following the footprints of Prime Minister Narendra Modi for structural reforms in education ranging from schools to universities, and make Digital India with an aim to transform the country into a digitally-empowered knowledge economy, Navodaya Vidyalaya Samiti (NVS) has gone hi-tech. Read Full Story

Avanse Financial Services appoints Amit Gainda as CEO
New Delhi , May 23 : New-age education finance Non Banking Financial company Avanse Financial Services on Tuesday announced the appointment of Amit Gainda as its Chief Executive Officer. Read Full Story

Bring contemporary twist to classic jutti
New Delhi , May 23 : After making waves with their collection of juttis last season, Laksheeta Govil of Fizzy Goblet and Payal Singhal now announce the second edition of their collaboration with a new collection of juttis 'Fiori Felici'. Read Full Story

Ericsson introduces customized network solutions for Indian market
New Delhi , May 23 : Ericsson on Tuesday announced the launch of new dual band radio products customised for the Indian market. Read Full Story

Entertainment Services under GST to have lower tax incidence
New Delhi , May 23 : Taxes on entertainments and amusements (covered by the erstwhile entry 62 of State List of the Constitution) have been subsumed under Goods and Services Tax (GST) except to the extent of taxes on entertainments and amusements levied by a Panchayat or a Municipality. Read Full Story

Medical equipments, Smart phones, cement to have lower taxes under GST
New Delhi , May 23 : Taxation on commodities such as packaged cement, medicaments, smart phones, and medical devices shall come down under the Goods and Services (GST) Tax as the government has reduced its rates on these items. Read Full Story

Tax incidence on entertainment services under GST lowered
New Delhi , May 23 : Taxes on entertainments and amusements were subsidised under the Goods and Services Tax (GST), except to the extent of taxes on entertainments and amusements levied by a Panchayat or a Municipality. Read Full Story

Acko General Insurance raises USD 30 million
New Delhi , May 23 : Acko General Insurance on Tuesday received it's in principle regulatory clearance to launch a General Insurance business in India. In a regulated business, Acko raised USD 30 million. Read Full Story

Paytm launches Payments Bank, facilitates cashback on deposits
New Delhi , May 23 : Digital payment aggregator Paytm on Tuesday unveiled the Paytm Payments Bank, a first-of-its-kind bank that will offer cashbacks on deposits. Customers will also be entitled to zero charges on all online transactions and no minimum balance requirement. Read Full Story

Kyocera gets Class Y certification for semi-conductor assembly services
San Diego (California) [United States], May 23 : Kyocera International, Inc. has announced that it has received Class Y certification for its semiconductor assembly operations here. Read Full Story

Two-day 'Startup India Summit' begins in UAE today
New Delhi , May. 23 : A two day "Startup India Summit" will begin in Abu Dhabi, UAE, today. This is the first "Start Up Summit" being held in the UAE by the Consul General of India (CGI) in Dubai and Embassy of India in Abu Dhabi in partnership with iSPIRIT, a nonprofit think tank and supported by TiE, Dubai. Read Full Story

Jaguar introduces 2.0l diesel derivative of Jaguar XE
Mumbai (Maharashtra) , May 23 : Jaguar Land Rover India yesterday announced the start of sales for the 2.0l diesel derivative of MY17 Jaguar XE in India at a starting price of Rs. 38.25 lakh, ex-showroom, Delhi. Read Full Story

SRF limited announces Q4 and FY17 financial results
New Delhi , May 22 : SRF Limited, a chemical based multi-business entity engaged in the manufacturing of industrial and specialty intermediates today announced its consolidated financial results for the fourth quarter and full year ended March 31, 2017 under Indian Accounting Standards (IndAS). The company's audited results were approved by the Board of Directors in a meeting held today in Gurgaon, Haryana. Read Full Story

CBDT signs two more Unilateral APA's with Indian taxpayers
New Delhi , May 22 : The Central Board of Direct Taxes (CBDT) on Monday announced entering into two Unilateral Advance Pricing Agreements (APA) with Indian taxpayers on May 4 and 11 respectively, out of which one agreement holds a rollback provision. Read Full Story

Herbalife Nutrition survey reveals interesting insights on balanced nutrition
New Delhi , May 22 : Global nutrition company Herbalife Nutrition undertook a survey on balanced nutrition in 12 markets across Asia Pacific and surveyed more than 6,000 consumers to understand eating habits, exercise and lifestyle habits among them. Read Full Story

Microsoft India, TSSC sign MoU under Project Sangam; aims at skill development of Telecom Sector
New Delhi , May 22 : Microsoft India on Monday announced signing of an today Memorandum of Understanding (MoU) with the Telecom Sector Skill Council (TSSC) to jointly explore how Project Sangam will help enhance skills of executives in the telecom sector and create a more viable skilling ecosystem. Read Full Story

Movingsolutions.in comes up with legitimate packers and movers services in Bangalore
Bangalore , May 22 : Relocating household goods from one place/city to another can be really one of the most challenging, hectic and stressful events of life. Whether it is a local shift within the city of Bangalore or relocating home from this city to another city of India, it would be a complicated and time-consuming process for an individual to do it all alone. There are lots of hassles, tedious tasks and unpleasant issues involved with the process of relocation which can pester an individual badly. On the other hands, hiring services of one of the credible and competent packers and movers in Bangalore would be a great decision with respect to simplify the relocating process and turn the circumstance into the easygoing and smooth affair. Read Full Story

AasaanJobs unveils Interview scheduling feature on its platform
New Delhi , May 22 : Online recruitment marketplace AasaanJobs on Monday announced the roll out of its 'Interview scheduling' feature for employers and candidates, which will allow employers to specify and pick different time slots for scheduling interviews with job aspirants. Read Full Story

Schneider Electric hires Venkatraman Swaminathan as lead for IT Division, India zone
New Delhi , May 22 : Schneider Electric the global specialist in energy management and automation on Monday announced appointment of Venkatraman Swaminathan as the Vice-President, IT Division - India Zone. Read Full Story

Truecaller rolls out Group Messaging and MMS features for users
New Delhi , May 22 : Communications platform Truecaller on Monday unveiled its latest update of group messaging and MMS features on its app, which will enable users to share pictures, loop in the same text when communicating among friends along with the bolt speed flash messaging. Read Full Story

foodpanda raises USD 431.45 million from Naspers
New Delhi , May 22 : Online marketplace for food delivery foodpanda on Monday announced receiving of investment worth USD 431.45 million from global internet and entertainment group Naspers into its parent company Delivery Hero. Read Full Story

Zeta, Sodexo tie-up to create a unified platform for digital employee benefits
New Delhi , May 22 : Fintech start-up Zeta, which offers digital employee benefits for tax optimisation, has tied up with Sodexo Benefits and Rewards India for administration of digital employee benefits in the country. Read Full Story

Favourable monsoon will have positive impact for firms like Ruchi Soya Industries
Mumbai , May 22 : The India Meteorological Department (IMD's) recent prediction of favourable monsoon in India is likely to have a positive impact for companies in the agricultural sector like Ruchi Soya Industries Limited. Read Full Story

Hazardous wastes in India mounting at the rate of 2-5 pct per year: ASSOCHAM-PwC
New Delhi , May 22 : As per the joint study conducted by ASSOCHAM and PwC, in India, about 10 to 15 percent of wastes produced by industries are hazardous and the generation of hazardous wastes is increasing at the rate of two to five percent per year. Read Full Story

KENT RO hosts live cooking session with Master Chef Pankaj Bhadouria
New Delhi , May 22 : It's time for hunger pangs and cravings for home cooked food well, Noodles, Pastas, dosas, juices, smoothies and soups. Just name it and you will be up for making it! If your kitchen is equipped with the perfect Kitchen Appliances, making a variety of these scrumptious, healthy, fresh and hygienic dishes is no longer a time consuming process. KENT Smart chef appliances has introduced the all new and innovative KENT Noodles & Pasta Maker and KENT Turbo Grinder and Blender to cook healthy and cook fast. Read Full Story

Omkar Realtors promotional channel partner meet creates history
Mumbai , May 22: Mumbai-based Omkar Realtors and Developers, a market leader in redevelopment and luxury residential projects, created history in India's real estate sector with a grand gathering of 1200-plus channel partners from across Mumbai, India, Dubai, GCC region, Singapore, Hong Kong who attended the promotional event by Omkar's for its new product offering 'SIGNET by Omkar', a project offering efficient and compact 1 and 2 BHKs at Malad East on Western Express Highway. Read Full Story

L and T Technology Services Limited positioned in Winners Circle by HfS in Industry 4.0 Blueprint Report
Bangalore , May 22: L and T Technology Services Limited, a leading global pure-play engineering services company, announced it has been positioned in the Winners Circle by HfS Research, The Services Research Company in its maiden Industry 4.0 Services Blueprint Assessment. Read Full Story

MoS Finance confirms July 1 roll out of 'all-inclusive' GST
Bareily (Uttar Pradesh) , May 22 : Following up from the meeting of the Goods and Services Tax (GST) council on May 18 and 19, Minister of State for Finance Santosh Gangwar said the stage is set for the scheduled roll out of the GST Bill on July 1st. Read Full Story

GST is Modi Govt.'s 'biggest achievement': ASSOCHAM
New Delhi , May 21 : With the roll out of the 'revolutionary' Goods and Services Tax bill scheduled for July 1, the ASSOCHAM has perceived this as the present government's 'biggest achievement', facilitating digitisation, financial and inclusion, while public investment on railways and power distribution infrastructure is set to change the structure of the economy, the chamber said. Read Full Story

Family cars to help you hit the road this summer vacation!
New Delhi , May 21 : Summer is a time for weekend road trips, extended vacays and a sense of adventure. So, take your holiday family travel to the next level by hitting that road. Read Full Story

Omkar Realtors introduces 'SIGNET by Omkar'
Mumbai , May 20 : Mumbai-based Omkar Realtors & Developers, a market leader in redevelopment and luxury residential projects, announced the launch of 'SIGNET by Omkar', a project offering efficient 1 and 2 BHK homes at Malad East on Western Express Highway. Read Full Story

Policybazaar.com launches new campaign for Cancer Insurance awareness
New Delhi , May 20 : Policybazaar.com (twitter handle: @policybazaar_in), India's largest insurance website and comparison portal, has launched a new advertising campaign with the tagline Cancer se ladai main insurance kaam aega (insurance will come handy in fight against cancer). Read Full Story


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