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Current Affairs on Companies

Current affairs on 07 March 2017

Facebook launches SheLeadsTech to support women-founded or co-founded startups.
  1. Social networking site Facebook on launched a new initiative, SheLeadsTech.
  2. SheLeadsTech will give women-founded or co-founded start-ups access to a year-long program that provides tools, mentorship and resources.
Cognizant buys Japanese digital firm Brilliant Service Co
  1. American multinational corporation Cognizant has made a deal to acquire Japanese digital firm Brilliant Service Co.
  2. Brilliant Service Co. is specialized in intelligent products and solutions, digital strategy, product design and engineering, the Internet of Things, and enterprise mobility.
  3. Hence, this acquisition will help cognizant to foster its digital transformation portfolio and capabilities to enable clients to build connected and collaborative businesses.

Current affairs on 06 March 2017

Reliance General Insurance tied up with Catholic Syrian Bank
  1. Reliance General Insurance (RGI), a part of Reliance Capital, has entered into a bancassurance tie-up with Catholic Syrian Bank.
  2. After this, now RGI will offer its general insurance products to Catholic Syrian Bank's 1.5 million customer base spread across its 430 branches in Kerala, Tamil Nadu, and Maharashtra. 
Posted on: 06th March 2017 Read complete Article →

Current affairs on 1 March 2017

Bharti Airtel to acquire Telenor India
  1. The country's largest telecom services provider, Bharti Airtel (Airtel) has officially announced that it will acquire Telenor India. 
  2. According to Telenor, the transaction will not trigger any impairment. As part of the agreement, Airtel will acquire Telenor India’s running operations in seven circles  Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam. 
Posted on: 01st March 2017 Read complete Article →

Current affairs on 22 February 2017

Israeli start-up RealFace acquired by Apple
  1. Apple being more innovative and looking to boost the use of world of artificial intelligence (AI), has acquired Israel-based start-up RealFace.
  2. RealFace that develops deep learning-based face authentication technology that develops deep learning-based face authentication technology.
Posted on: 22nd February 2017 Read complete Article →
First-ever non-Parsi chairman of Tata Group
  1. 54 Years old N. Chandrasekaran on 21 February 2017 took reins as the seventh Chairman of the 150-year old Tata Group and became the first-ever non-Parsi chairman of Tata Group. 
  2. Natarajan Chandrasekaran, popularly known as ‘Chandra’ and was the CEO and MD of TCS, prior to being selected for the top job in the Tata group.
  3. Earlier 6 Chairmen of Tata Group are – Jamsetji Nusserwanji Tata (1867–1904), Sir Dorab Tata (1904–1932), Nowroji Saklatwala (1932–1938), Jehangir Ratanji Dadabhoy Tata (1938–1991), Ratan Tata (1991–2012) and Cyrus Pallonji Mistry (2012–2016).

Current affairs on 21 February 2017

Havells India to buy Lloyd Electric’s consumer business
  1. Havells India has notfied that it is acquiring Lloyd Electric & Engineering for its consumer durables business.
  2. Havells India buying Lloyd for around Rs 1200 -1500 crore.
  3. Lloyd’s business divisions includes heat exchangers, original equipment manufacturing and packaged AC business.
Posted on: 21st February 2017 Read complete Article →
AirAsia !st foreign airline lands at Srinagar
  1. AirAsia became the 1st foreign airline ever to start its operations from Srinagar international airport in Jammu and Kashmir.
  2. ‘The Sheikh-ul-Alam International Airport’ is in the service for the last five years and AirAsia will be the first foreign airline to start it service here and thus iwll give good boost to tourism in the valley.
Muthoot Exim, Divine Solitaires tie up
  1. Muthoot Exim has tied with Divine Solitaires Pratham to retail Swarnavarsham diamond jewellery.
  2. Joint company will offer 18-karat gold rings studded with 0.14 cents diamond of EF colour and VVS clarity however, ring is being offered in three sizes of 12mm, 14mm and 16mm with weight of gold as 2gm, 2.2gm and 2.4gm along with one year free insurance is also offered on diamonds.

Current affairs on 16 February 2017

India’s Newest Airline- Zoom Air launched
  1. Zoom Air, India’s newest full-service airline is all set to commence commercial operations with a flight to Durgapur via Kolkata from New Delhi.
  2. Zoom Air headquartered in Gurgaon was founded in April 2013 and begin operations in India using a Bombardier CRJ200.
Posted on: 16th February 2017 Read complete Article →
Posted on: 16th February 2017 Read complete Article →