Business India News

Amazon India appoints NUOAURA as its India office supplies vendor
New Delhi , June 23 : E-commerce giant Amazon India has announced its tie-up with NUOAURA (the B2B ecommerce platform that sells office supplies) for a period of three years for an undisclosed amount. Read Full Story

UrbanClap, Truecaller partner to enable seamless hiring of services
New Delhi , June 23 : Online marketplace UrbanClap on Friday announced its partnership with Truecaller, a communication app, to enhance consumer experience by integrating Truecaller Priority in the company's IVR and its enlisted professional's numbers. Read Full Story

HDFC Bank to organise GST workshops across India
New Delhi , June 23 : HDFC Bank Ltd will be organising awareness workshops to educate traders, merchants, and businessmen on the forthcoming Goods and Services Tax (GST) Bill, which is slated to come into effect on July 1, 2017. Read Full Story

Cleartrip strengthens position in Middle East; launches Arabic version for websites
New Delhi , June 23 : Comprehensive travel and leisure activities platform Cleartrip has launched the Arabic version of its desktop websites. The launch will make available Cleartrip's uncluttered and intuitive UI, seamless user experience, and hassle-free booking experience to Arabic audiences, particularly those in markets belonging to the Cooperation Council for the Arab States of the Gulf (formerly Gulf Cooperation Council). Read Full Story

Facebook's 'Group Insights' feature to help monitor online content
New Delhi , June 23 : Social media giant Facebook has finally set up its new 'Group Insights' feature to enable proper administration of groups administrators (admins) to hold a more stringent check of the content being posted online. Read Full Story

Fintech firm LoanTap raises USD four million
New Delhi , June 23 : LoanTap Financial Technologies, an online personal loan company with in-house NBFC announced the closing of its second round funding at USD four million. The round comprises of a mix of equity and debt instruments from Kae Capital, India Quotient, IFMR and MAS Financial Services Ltd. Read Full Story

ItzCash enables Bharat QR on its PoS terminals
New Delhi , June 23 : ItzCash has announced rolling-out 'Bharat QR code' feature across its retail network. Now scan and pay money with ItzCash's Point-of-Sale devices by simply flashing your cell phone. Read Full Story

Celebrating the spirit of riding with women riders
New Delhi , June 23 : To celebrate the growing passion of motorcycling amongst women, Royal Enfield conducted a workshop led by women in association with DRER (Delhi Royal Enfield Riders) at the company's brand store in Khan Market here. Read Full Story

Zydus Wellness announces national launch of Sugar Free Green
New Delhi , June 23 (ANI-BusinessWire India): Sugar Free, the market leader in the sugar substitute category in India with a market share of over 94 percent, announced the national launch of its new variant - Sugar Free Green. Read Full Story

Higher education to play pivotal role in bridging India's skill gap: IBM study
New Delhi , June 23 : IBM has announced a study conducted by the IBM Institute for Business Value (IBV) in cooperation with the Economist Intelligence Unit, to evaluate India's growing skills challenge and proposed recommendations to bridge the gap. Read Full Story

India, Sri Lanka to ink MoU for cooperation in traditional medicine, homoeopathy
New Delhi , June 22 : The Union Cabinet chaired by Prime Minister Narendra Modi on Thursday gave its approval for signing an Memorandum of Understanding (MoU) for cooperation in Traditional Systems of Medicine and Homoeopathy between Ministry of AYUSH the Ministry of Health, Nutrition and Indigenous Medicine of Sri Lanka. Read Full Story

Mizo cuisine: A hit among food lovers
By Chandrakala Choudhury, New Delhi, , June 22 : New Delhi, , June 22 : India's northeast region is known for its ethnicity, diverse culture and the flavors and dishes are as unique as their colorful lifestyle. Read Full Story

MSMEs all set to embrace GST challenges
New Delhi , June 22 : The CII MSME Summit titled, 'Breaking Barriers to Excellence: Unlocking Hidden Potential,' echoed the preparedness of MSMEs to adopt the GST regime. Read Full Story

Reliance Defence to partner with DAHER for aerospace components
Paris [France]/Mumbai , June 22 : Reliance Defence Limited, a fully owned subsidiary of Reliance Infrastructure Limited signed a Memorandum of Understanding (MOU) at the Paris Air Show with Daher Aerospace, France, a leading supplier of integrated systems for Aerospace and Advanced Technologies. Read Full Story

Parry Nutraceuticals, Synthite industries forge partnership for extraction of Phycocyanin
New Delhi , June 22 : Parry Nutraceuticals, a division of EID Parry and part of the Murugappa Group has forged a partnership with Synthite Industries to apply proprietary patented technologies for extraction of Phycocyanin, a natural blue pigment found in Spirulina. Read Full Story

Jaago Re 2.0 drives pre-activism in India
New Delhi , June 22 : Tata Tea launched its iconic campaign Jaago Re 2.0 - 'Alarm Bajne se Pehle Jaago Re' - earlier this year urging people to pre-act before tragedies hit. Read Full Story

GoDaddy launches business email solutions for small firms
New Delhi , June 22 : GoDaddy, a cloud platform dedicated to small, independent ventures on Thursday announced the launch of its new 'Business Email' service for small businesses in India. Read Full Story

Online banking users to reach 150 billion by 2020: Study
New Delhi , June 22 : With the ongoing digital drive in India, the number of users opting for online banking is expected to double to reach 150 million mark by 2020, from the current 45 million active urban online banking users in India, according to a report drafted by Facebook and The Boston Consulting Group (BCG). Read Full Story eases the way of hiring reliable packers and Movers in India
New Delhi , June 22 : is the much accredited online directory of India that aims to simplify relocation experience of people moving across the experienced team of professionals country and abroad. With hundreds of enlisted Packers and Movers with, the directory eases the search for reliable options. Read Full Story

Post-GST tax base to increase, can't predict by how much: MoS Finance
Mumbai (Maharashtra) , June 22 : Minister of State for Finance Arjun Ram Meghwal on Wednesday said the post-Goods and Service Tax (GST) tax base will increase, but the degree by which it increases cannot be predicted. Read Full Story

How Mettl helped Mankind, HummingBird in revving up their recruitment engines to success
New Delhi , June 22 : Mettl, India's leading online assessment company has pioneered a partnership with Mankind and HummingBird International to power their psychometric test assessment engine, in turn, expanding its roots into the assessment of leadership competencies for the former's recruitment consultancy. Read Full Story

FreeCharge goes big on digital entertainment space, partners with ALTBalaji, Eros Now, SonyLIV
New Delhi , June 22 : FreeCharge, India's leading digital payments platform on Thursday announced its partnership with ALTBalaji, largest digital platform for original shows from India, to provide easy, secure and fast digital payment solutions for users. Read Full Story

Transcending current gifting ideology, brings forth collection of unique corporate gifts to choose from
New Delhi , June 22 (ANI-BusinessWire India): Corporate gifting has emerged out to a pioneering gifting sector in the recent years. As per the statistics, in 2015, India alone had a gifting market of USD 30 billion, out of which, USD 2.5 billion belonged to corporate gifting. Companies today are showing more interest in their relations with customers and employees; as a result, a trend of corporate gifting has started gaining pace. Read Full Story

Airbnb, World Bank sign MoU to enhance rural tourism
New Delhi , June 22 : The World Bank group and Airbnb on Wednesday signed a Memorandum of Understanding (MoU), validating their combined efforts to boost the tourism industries of developing economies, at the Tourism Knowledge Exchange 2017, an event highlighting the latest innovations in sustainable tourism. Read Full Story

Luxury brand Omega launches 1957 Trilogy limited-edition watches
New Delhi , June 22 (ANI-BusinessWire India): Over the course of one famous year, Omega released three professional timepieces that would all go on to become absolute classics: The Seamaster 300, the Railmaster and the Speedmaster. That year was 1957. Read Full Story

Sensex crosses 31,500 mark, hits all-time high of 31,522
New Delhi , June 22 : The Bombay Stock Exchange's (BSE) sensex on Thursday witnessed an all-time high of 31,522 points, recording a suge of over 200 points since the opening figure. Read Full Story

NSDC, Schneider's 'Centre of Excellence' to strengthen renewable energy sector
New Delhi , June 22 : Aiming to strengthen India's renewable energy sector and support the requirement of skilled manpower, the National Skill Development Corporation (NSDC), in association with Schneider Electric India on Thursday facilitated the installation of a Centre of Excellence (CoE) in Bengaluru, focusing on power, solar and automation. Read Full Story

Colgate scholarship offer - a small step towards your child's bright future
New Delhi , June 22 : Colgate-Palmolive India Ltd., the market leader in oral care in India launched its annual Colgate Scholarship Offer. As a part of this limited-edition offer, valid till July 31, 2017, Colgate is offering more than 300 scholarships worth more than Rs. 52 lakh, to help children take small, yet meaningful steps in fulfilling their dreams. Read Full Story

Union Minister Rajiv Pratap Rudy announces his plan to get AICTE recognition for ITI-trained technicians at BW Businessworld's HR Conclave
New Delhi , June 22 : Union Minister of Skill Development and Entrepreneurship, Rajiv Pratap Rudy said his ministry is working towards getting AICTE recognition for Industrial Training Institutes (ITIs) trained technicians. The Minister was speaking at the BW Businessworld's HR Conclave, organised the media house to launch their latest magazine. Read Full Story

Dr. Mahesh Sharma chairs third meeting of National Medical and Wellness Tourism Board
New Delhi , June 22 : The third meeting of the National Medical and Wellness Tourism Board was held on Wednesday under the chairmanship of Dr. Mahesh Sharma, Minister of State (Independent Charge) for Tourism and Culture. Read Full Story

OPPLE launches another pair of extraordinary LED lights - the Flood Light EcoMax II, SpotLight HJ
New Delhi , June 22 : OPPLE, a global integrated lighting solutions company and one of the world's leading LED lighting brand on Wednesday introduced another set of advanced lights-the Flood Light EcoMax II and the SpotLight HJ. These are considered few of the best options amongst their range of professional luminaries. Read Full Story

Breathe fresh with Auzair
New Delhi , June 22: Auzair, a leading Australian firm providing fresh air in stored bottles, has launched its fresh air bottles in India to help people experience a healthier life with pure Australian fresh air. The bottle comes in two sizes - 7.5 Liters and 15 Liters. Read Full Story

SEBI relaxes norms for banks to take over listed companies stressed assets
Mumbai , June 21 : Capital markets regulator, the Securities and Exchange Board of India (SEBI) on Wednesday relaxed takeover norms for acquisition of stressed assets of listed companies to help the government and the Reserve Bank of India (RBI) in their efforts to tackle bad loans. Read Full Story

BSNL's Bharat Net to connect one lakh gram panchayats
New Delhi , June 21 : The Chairman and Managing Director of the public sector undertaking (PSU) Bharat Sanchar Nigam Limited (BSNL) has revealed that one lakh gram panchayats will be telephonically connected soon through Bharat Net. Read Full Story

Snack Food Association demands five Percent GST rate instead of 12 Percent on namkeen-farsans
New Delhi , June 21 : The Goods and Services Tax (GST) Council had announced 12 percent tax rate for Indian traditional Namkeen, Savories, Farsan, Potato Chips, Banana Chips and so on. This rate should be reduced to 5 percent to maintain uniformity with the GST rate for sweet meats and Mithai, stated Ajit Mota, President - Snack Food Association of Maharashtra. Read Full Story

Banks, POs given 30 days to exchange demonetised notes at RBI
New Delhi , June 21 : The government on Wednesday issued a notice permitting banks and post offices to exchange old currency notes worth Rs 500 and Rs 1000 with the Reserve Bank of India (RBI) within the next 30 days, provided these notes were collected by December 30, 2016. Read Full Story

Mswipe raises Series D funding of USD 31 million
New Delhi , June 21 : Mswipe Technologies Private Ltd., an independent POS merchant acquirer and network provider on Wednesday announced the procurement of Series D funding of USD 31 million from UC-RNT fund, a joint venture between Ratan Tata's RNT Associates and the University of California along with existing investors Matrix Partners India, Falcon Edge Capital and DSG Consumer Partners. Read Full Story

Amazon India sees 'yoga fashion' taking over the world
New Delhi , Jun 21 : While it's fashionable to be fit, the leading e-tailer Amazon has revealed that the fashion world too is taking a yoga spin. Read Full Story

Banks, post offices to deposit scrapped Rs. 500, Rs. 1,000 notes to RBI by July 20
New Delhi , June 21 : The government has asked banks and post offices to deposit demonetised notes of Rs.500 and Rs.1000 to the Reserve Bank of India (RBI) by July 20. Read Full Story

HP Inc. introduces two new convertible notebooks
New Delhi , June 21 : Aiming to instill creativity among students, professionals and millennials, HP Inc. on Wednesday introduced two new convertible notebooks - HP Pavillion x360 and HP Spectre x360, enabled with Windows Ink capabilities. Read Full Story

Ola to create 25,000 jobs in Andhra Pradesh by 2022
New Delhi , June 21 : Taxi and auto aggregator Ola on Tuesday announced its exclusive partnership with Andhra Pradesh Tourism Development Corporation (APTDC) aiming to boost transportation across the state, with both inter-city and intra-city services, and further promote tourism and mobility ecosystem in the state. Read Full Story

Videocon envisioning topline revenue of Rs.1658 crore during FY 2017-18
New Delhi , June 21 : Videocon Telecom is aiming to deliver consolidated topline revenue of Rs. 1658 Crore in the current financial year- FY 2017-18, from its existing, newly setup and upcoming business lines. Read Full Story

Gold Winner Vita D3+ adds star power, signs Puneeth Rajkumar as brand ambassador
New Delhi , June 21 : Gold Winner, an edible oil brand in India that is fortified with Vitamin D3 from a vegan source on Wednesday roped in actor Puneeth Rajkumar as the brand ambassador. Read Full Story

Music cluster of Sony Pictures Networks offers India a brand-new lineup of next-gen Indie artistes
New Delhi , June 21 : To go beyond simply being 'curators of good music', Sony MIX and Sony ROX HD have committed to raising the bar by not just curating good music but also facilitating the creation of great music. Read Full Story

Microland positioned as major contender in Everest Group's PEAK Matrix for solutions: IT Infrastructure Services Automation 2017
New Delhi , June 21 : Microland, a leading global hybrid IT service provider on Tuesday announced that it has been positioned as a "Major Contender" in Everest Group's PEAK Matrix for Solutions: IT Infrastructure Services Automation 2017. Read Full Story

Brickwork India wins CII award for Customer Obsession 2016
New Delhi , June 21 : Brickwork India was honoured by CII with the "Active Customer Engagement" award as part of "CII award for Customer Obsession -2016" in the inaugural edition held on June 16, 2017, at New Delhi. Read Full Story

OYO registers occupancy rate of 75 percent
New Delhi , June 21 : Budget-hotel chain OYO registered a 75 percent occupancy rate, surpassing the hospitality industry's 65 percent occupancy rate. Read Full Story

Rupee witnesses 14 paise decline against USD
New Delhi , June 21 : The rupee rate on Wednesday saw a 14 paise decline in comparison to the US Dollar (USD), which was capped at 64.64. Read Full Story

FCA India opens pre-bookings for the Jeep Compass in Delhi/NCR
New Delhi , June 20 : Fiat Chrysler Automobiles (FCA) India today announced the opening of pre-bookings for its Made in India Jeep® Compass in Delhi. To pre-book the Sports Utility Vehicle (SUV), interested customers can either log in to the company's official website or visit the nearest FCA or Jeep-exclusive showroom and place a pre-booking amount of Rs. 50,000. Read Full Story

FCA India opens pre-bookings for the Jeep Compass in Mumbai
New Delhi , June 20 : Fiat Chrysler Automobiles (FCA) India today announced the opening of pre-bookings for its Made in India Jeep® Compass in Mumbai. To pre-book the Sports Utility Vehicle (SUV), interested customers can either log in to the company's official website or visit the nearest FCA or Jeep-exclusive showroom and place a pre-booking amount of Rs. 50,000. Read Full Story

Amazon, ClearTax partner to enable sellers get GST ready
New Delhi , June 20 : today announced its partnership with ClearTax to launch ClearTax Biz and ClearTax Biz+ that aims to help sellers on its marketplace file and reconcile their tax returns conveniently in accordance with the upcoming GST rollout. Read Full Story

OMA Emirates introduces biometrics PoS terminals in India
New Delhi , June 20 : Leading payments solutions and financial technology company OMA Emirates has announced the launch of Biometrics PoS terminal range - iWB Bio Series in India. Read Full Story

Hike launches wallet, UPI payments for quick transactions
New Delhi , June 20 : Home-grown messaging platform Hike Messenger on Tuesday launched the feature of 'Hike Wallet' on its all-new visually unique version Hike 5.0 to send and receive money in the most easiest manner. Read Full Story

AasaanJobs launches Chatbot feature
New Delhi , June 20 : Online recruitment marketplace in India AasaanJobs has announced the launch of its latest Chatbot feature, allowing job seekers to discover and explore different jobs listed on the platform with ease. Read Full Story

RaysExperts commissions 5.5 MW solar project for a leading PSU
New Delhi , June 20 : Leading innovative solar solutions provider RaysExperts on Tuesday announced the commissioning of its 5.5 MW solar project for an Indian PSU. Read Full Story

Paytm introduces zero cancellation-handling fees for flight tickets
New Delhi , June 20 : Paytm has waived off cancellation-handling fee for flight tickets booked on its platform. Read Full Story to take finest route to expand its worldwide Rakhi delivery network
New Delhi , June 20 : Leveraging on five years of experience, has become an eminent online gift store of India that caters people and their gifting needs round the year. Read Full Story

BlackBerry enables 'Enterprise of Things' to thrive with enhanced mobile-security platform
Waterloo [Ontario], June 20 : BlackBerry Limited on Tuesday announced productivity and security enhancements to its enterprise software platform designed to power the 'Enterprise of Things'. Read Full Story

Axis Bank, Kochi Metro launches India's first single-wallet contactless, Open Loop Metro Card
Kochi (Kerala) , June 20 : Axis Bank, India's third largest private sector bank in association with Kochi Metro Rail Corporation (KMRL) has launched KMRL Axis Bank 'Kochi1' Card, India's first open loop EMV contactless metro card that would make travel a convenient and hassle free experience for commuters in Kochi. Read Full Story

GST to be rolled at midnight June 30: Arun Jaitley
New Delhi , June 20 : Finance Minister Arun Jaitley on Tuesday said the Goods and Services Tax (GST) will be rolled out from midnight of June 30 in the presence of several dignitaries including President Pranab Mukherjee, Vice President M.Hamid Ansari and Prime Minister Narendra Modi, besides other luminaries. Read Full Story

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