After registered sales of mobile phones, it’s registered sales of flats. Tata Value Homes, an arm of Tata Housing Development Company, announced India’s first online exhibition for an exclusive audience through a valid invite code. Registrations for this three day event starting 13th to 15th July, have begun on www.tatavaluehomes.com. “With this launch, Tata Value […]
Bharti Enterprises — parent of Bharti Airtel, appointed PespsiCo veteran Rahul Bhatnagar as Managing Director & Chief Financial Officer, and said Manoj Kohli will step down. Bhatnagar will report to Sunil Bharti Mittal, Chairman, Bharti Enterprises. Rahul takes over from Manoj Kohli, who has assumed the role of Executive Chairman, SBG Cleantech – a JV […]
Infosys said it has signed a multi-year agreement with Deutsche Bank, without disclosing the deal size. Under the terms of the agreement, Infosys will provide services like be-spoke development, application maintenance services, digital and mobility, package implementation, and testing services, to the bank. It “will also be a strategic partner under Deutsche Bank’s Supplier Partnership […]
Diamond industry associations jointly decided not to suspend imports of rough diamonds right now, and to deal with the issues facing the industry through further consultations. The industry considered clamping down on imports, but decided against it as “as the workforce in factories will be the first priority for the trade.” At present, the Indian […]
Axis Bank, India’s third largest private sector bank, has added touch authentication for transactions through its mobile app for its iOS app. The feature will not be available in the Android version of the app. Bank customers using Apple iPhone 5s and above can now complete their financial transactions such as bill payments, mobile recharge […]
Nissan launched a new variant of its Micra CVT Automatic hatchback, bringing the automatic transmission feature to a variant below the top version. The Micra CVT Automatic will now be available in a new XL variant, which is positioned just below the top-of-the-line XV variant. “The demand for automatic cars has risen to over 3.5% […]
After debuting in cities like Pune, Noida and Mumbai, the Fashion TV brand will be emblazoned on an apartment in Lucknow. New Modern Buildwell, a Lucknow-based builder, has tied up with FTV to develop an ultra-luxury residential project in Lucknow. “The tie-up aims to build a plush and premier real estate project on the lines […]
BMW X3 xDrive30d M Sport, the sporty edition of the BMW X3, has been launched in India today at a price of around Rs 60 lakhs ex-showroom, Delhi. The BMW X3 is a compact luxury crossover SUV manufactured by German automaker since 2003. Based on the BMW 3 Series platform, and now in its second […]
Infosys Limited said it will announce the results for its first quarter ended June 30, 2015 on Tuesday, July 21, 2015 at 8:45 a.m. India time. Normally, the company announces its first-quarter results on or around the 10th of July, and is usually the first Indian IT company to report results. However, the company has […]
ICICI Bank has upgraded its mobile banking app ‘iMobile’ by taking the total number of services that the users can avail of to over 100. The new app will help customers connect with the Bank’s call centre from within the app without any further authentication, withdraw cash from an ATM without using a card, tag […]
Moody’s Investors Service said that India’s base metals industry — aluminium, copper, and zinc — will benefit from increased demand, easing restrictions on raw material availability, and relatively low production costs. “We expect India’s consumption of base metals to increase by 8%-10% annually over the next three years, driven primarily by demand from three sectors: […]
CRISIL Research expects India Inc results for the quarter ended June 30, 2015, to disappoint as soft commodity prices, weak growth in investment-linked sectors, and subdued rural demand restrict earnings. “Our analysis of 600 companies (excluding financials and oil & gas), which account for 70% of overall market capitalisation, shows only a mild 3% uptick […]
Eon Electric Limited (EEL) said it won a Rs 51 crore for Streetlights in Aligarh, UP and Jodhpur, Rajasthan. 60,000 LED streetlights will be installed at Jodhpur and 13,000 at Aligarh. The street lights are installed with Centrally Controlled System, which continuously monitors and reports satisfactory performance and energy conservation of these LED Streetlights, Eon […]
JK Tyre has denied that it was in a transaction to acquire Birla Tyres from Kesoram Industries Ltd. Shares of Kesoram Industries was up 9% today on news that it would be able to sell the tyre-making unit to JK Tyre, one of India’s biggest tyre brands. “There is no transaction between JK Tyre & […]
Global e-Commerce sales made via mobile devices are expected to cross $638 billion by 2018, according to the joint study brought out by ASSOCHAM and Deloitte said. Currently, the availability of e-Commerce applications on various mobility devices is helping to drive sales and revenue, Assocham said. “E-tailers like Flipkart, Amazone and Jabong now get 50% […]
Ola Cabs, arguably the biggest taxi aggregator in India, has cut its prices in Mumbai to Rs 11 per km from 13 per km, making it considerably cheaper than the local black and yellow cabs for long distances. Ola Cabs has been a pioneer in the low-cost, Taxi aggregation business, also known as the app-based […]
Retailer Shoppers Stop said it would invest Rs 60 crores over the next 3 years to build up an ‘omnichannel’ delivery platform that would encompass physical stores, web, social, TV and marketplaces. It has chosen SAP as its technology solutions partner. The move would involve its group companies HomeStop, Hypercity and Crossword as well. By […]
United Bank of India has cut its fixed deposit rates by 0.25 percentage points from July 6 onwards. With this, the Bank now offers rates of 7.25% interest for deposits up to 269 days (from 180 days) and up to 7.75% for 270-365 days. Above one year, United Bank of India offers interest rates of […]
Tata Trusts and Google India today announced the launch of a special program called “Internet Saathi” to help rural women use the Internet and benefit from it in their daily lives. “The joint initiative is aimed at bridging the technology gender divide, which currently puts women in rural India at further risk of getting […]
North India-based real estate developer Antriksh Group has introduced a unique concept under which you can buy a flat by paying Rs 10,000 online, and pay remaining at the rate of 0.9% of the value per month. The scheme is applicable on 5th July for its “Urban Greek” project in Dwarka in Delhi. “Urban Greek” […]
