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Current Affairs on Companies

Current affairs on 13 October 2016

Which Domestic handset maker has partnered with mRUPEE and also launch a white labeled retailer portal, wherein Intex retailers will be able to offer retail-assisted services of recharges & bill payments : Intex

Current affairs on 11 October 2016

The 18th edition of Maruti Suzuki Raid De Himalaya, the world’s highest arena rally was flagged off. The rally takes place at an extremely high altitude of upto 17,500 feet with temperatures as low as minus 15°C. The participants will compete in three categories – Cars Extreme, Bikes Extreme and Adventure Trial. It is for the first time that the rally has started from which place : Manali

Posted on: 11th October 2016 Read complete Article →

Reliance Jio has created world record as they notched up how many subscribers in the first month of operations. For this Jio has introduced Aadhaar-based paper-less Jio SIM activation: 16 million

Current affairs on 10 October 2016

US appeals court has announced verdict in which Apple is pronounced to be the winner in case with rival Samsung, reinstating a USD 119.6 million verdict for the iPhone maker for patent infringement. The Federal Circuit Appeals judges ruled 8-3 in a rehearing of the case, reversing a panel of the same court. What is the lawsuit agai9nst the samsung by Apple : Apple’s lawsuit contends that Samsung infringed on patents for “slide to unlock” and autocorrection, among others

Posted on: 10th October 2016 Read complete Article →

Indian Oil Corporation (IOC) has launched a start-up scheme with a corpus of Rs 30 crore. The scheme will support projects which involve innovative technology & business process re-engineering ideas and project owners will be supported with grants of up to Rs 2 crore. What is the main aim of this initiatvie : The aim is to promote promising start-ups & nurture an eco-system conducive for innovations in the domestic hydrocarbons sector. 

Current affairs on 07 October 2016

FICCI & which social media giant have announced their partnership to augment the Millennium Alliance (MA) initiative and has joined hands with FICCI as an Outreach and Knowledge partner: Facebook

Posted on: 07th October 2016 Read complete Article →

Samsung Electronics will acquire which open artificial intelligence (AI) platform developer that allows third-party developers to use it to build conversational assistants & integrate natural language-based interfaces to existing platforms. It has a natural language understanding & machine learning capabilities : Viv

The Cabinet Committee on Economic Affairs (CCEA) on 5 October 2016 gave its approval to an acquisition by ONGC Videsh Ltd (OVL) for 11% stake in which oil company in Russia. The OVL will pay 930 million US dollar for acquiring 11 per cent in this company : JSC Vankorneft from Rosneft Oil Company (Rosneft),

Current affairs on 05 October 2016

Reliance Group entered into strategic partnership with Dassault Aviation of France in a largest offset contract to be executed by any defence company in India till date to execute offsets for the recently concluded deal for 36 Rafale fighter jets. The strategic partnership between Dassault Aviation (France) and Anil Ambani-led Reliance Group has been called as what : “Dassault Reliance Aerospace”

Posted on: 05th October 2016 Read complete Article →

Current affairs on 03 October 2016

Kotak Mahindra Bank is acquiring which microfinance entity for Rs.139 crore, as announced on 29 September 2016 : BSS Microfinance

Posted on: 03rd October 2016 Read complete Article →
Posted on: 03rd October 2016 Read complete Article →
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