Life insurance industry logs 33 per cent growth in first quarter

Mon, 07/18/2016 - 16:40

Chennai, July 18 (IANS) The 24-member Indian life insurance industry closed the first quarter of the current fiscal with a new business premium of Rs 31,392.55 crore -- logging a growth of 33.2 per cent, the Life Insurance Council of India said.


Track your family driver with this app

Mon, 07/18/2016 - 16:36

New Delhi, July 18 (IANS) In a bid to provide women extra security as they travel in cabs, a Delhi-based duo has developed an app for monitoring a family member travelling with the driver in the absence of a guardian.


Share app libraries on 'User Stores' at MoboMarket

Mon, 07/18/2016 - 16:28

New Delhi, July 18 (IANS) MoboMarket, Chinese language internet search engine Baidu's Android marketplace for users outside of China, on Monday launched a new feature 'User Stores' which will allow people to curate personalised app collections and share their recommended apps with friends.


Bengal to launch home delivery of farm fresh produce

Mon, 07/18/2016 - 15:38

Kolkata, July 18 (IANS) Farm fresh organic produce at your doorstep is just a call away thanks to a chain of stores and home delivery services which will be launched by the West Bengal government in this eastern metropolis on Tuesday.


Rajan calls for sustainable credit expansion

Mon, 07/18/2016 - 15:32

Hyderabad, July 18 (IANS) Reserve Bank of India Governor Raghuram Rajan on Monday called for manageable and sustainable credit expansion in the country, saying all avenues for this should be explored.


Rupee devaluation no key to increasing exports: Rajan

Mon, 07/18/2016 - 15:20

Hyderabad, July 18 (IANS) Reserve Bank of India Governor Raghuram Rajan believes the current value of the rupee is 'pretty reasonable' and devaluation may not be the key to increasing exports.


141 more villages in India electrified last week

Mon, 07/18/2016 - 14:30

New Delhi, July 18 (IANS) A total of 141 villages in 11 states were electrified during the week ended July 17 under the Deen Dayal Upadhyaya Gram Jyoti Yojna, an official said on Monday.


Days Hotel targets Japanese expats in Chennai

Mon, 07/18/2016 - 13:50

Chennai, July 18 (IANS) With Japanese breakfast and bentos (single portion take out meal boxes) the 57-room new business hotel Days Hotel Chennai OMR is targeting the Japanese expats near here and also the corporate sector located nearby, said a senior official.


Glenmark to raise $200 mn to repay debt

Mon, 07/18/2016 - 13:00

Mumbai, July 18 (IANS) Glenmark Pharmaceuticals Ltd is planning to raise $200 million by issuing USD denominated non-convertible unsecured bonds to repay existing debt, the company said on Monday.


Rural inflation is higher than urban: Crisil

Mon, 07/18/2016 - 12:44

Mumbai, July 18 (IANS) Rating agency Crisil on Monday said while urban inflation fell from 9 per cent to 5.3 per cent, rural inflation declined from 10.1 per cent to 6.2 per cent in the last one year.


Sun Pharma gets epilepsy drug licence for US market

Mon, 07/18/2016 - 12:42

Chennai, July 18 (IANS) Sun Pharmaceutical group on Monday announced the licensing of ELEPSIA XR drug by Sun Pharma Advanced Research Company Ltd (SPARC) to a subsidiary of Sun Pharmaceutical Industries Ltd for the US market.


Secured data storage key to growth of Indian video surveillance market: NetApp

Mon, 07/18/2016 - 12:20

New Delhi, July 18 (IANS) At a time when Internet of Things (IoT), coupled with big data and video analytics, is the talk of every town globally, making sense of data and its optimum, secured storage is the key for the governments including in India, a top executive of US data storage company has said.