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Current Affairs on Companies

Current affairs on 01 October 2016

Karnataka Bank has inked a memorandum of understanding(MoU) with which assest managment compnay for distribution of mutual fund products. LIC Mutual Fund Asset Management Company has also tied up with Karnataka Bank for distribution of its mutual fund products : Birla Sun Life Asset Management Company

Current affairs on 30 September 2016

Which IT company on 28 September 2016 launched Skava Commerce, a modern, mobile-first and modular e-commerce platform that delivers engaging omni-channel experiences : Infosys

Posted on: 30th September 2016 Read complete Article →

Current affairs on 27 September 2016

Insurance Regulatory and Development Authority of India (Irdai) has imposed a penalty of Rs 10 lakh on which insurance company for violations of various norms, including guidelines on accepting business from a corporate agent after the expiry of license : SBI Life Insurance Company

Posted on: 27th September 2016 Read complete Article →

The Board of  Oil & Natural Gas Corp  has approved signing of a preliminary agreement for buying a stake in Gujarat government firm GSPC’s KG basin gas block. wjhat is the main objective of the MoU: The MoU approved also incorporates a dispute resolution wherein any differences over issues would be referred to a three-member committee.

Current affairs on 24 September 2016

Wipro Consumer Care & Lighting, the fast-moving consumer goods (FMCG) arm of Wipro Enterprises has signed a pact to acquire 100% shareholding in Zhongshan Ma Er Daily Products to boost its presence in the fast-growing toiletries and liquid detergent space in which country : South China

Posted on: 24th September 2016 Read complete Article →

Which compamny has landed a 99.7-million dollar (around 660 crore rupees) contract from Vietnam Border Guard to design, construct and supply high-speed patrol vessels. The contract provides for supply of 12 vessels in next 30 months : Larsen & Toubro (L&T)

Current affairs on 22 September 2016

What is the name of the 50:50 public joint-venture entity between Government of India and De Beers Centenary Mauritius Ltd (DBCML) that was formed in 1978 with the primary objective to supply of rough diamonds was announced to be shutdown by the Cabinet Committee on Economic Affairs (CCEA) on 21 September 2016 : Hindustan Diamond Company Pvt. Ltd (HDCPL)

Posted on: 22nd September 2016 Read complete Article →

During September 2016 which group has dedicated to the nation the world’s largest solar power plant of 648 megawatts (MW) that has been set up with an investment of around Rs 4,550 crore in Tamil Nadu : Adani Group 

Current affairs on 20 September 2016

The BCCI on 18 September 2016 announced an open tender process for allocating the cash-rich Indian Premier League's global broadcasting rights, a move that conforms to the Lodha Committee recommendations on transparency. In 2008, which company has bagged the IPL television rights for a 10-year period for USD 918 million. It signed a deal with Multi Screen Media Pvt. Ltd. (MSM) making Sony the official broadcaster. The contract was redone before the 2009 IPL with Multi Screen Media working out a USD 1.63 billion deal for nine years with the BCCI : World Sports Group

Posted on: 20th September 2016 Read complete Article →

Current affairs on 17 September 2016

Uber ned and Maruti Suzuki signed Memorandum of understanding (MoU) to assess and train 30,000 commercial drivers for Uber. Thus. UBER to skill 1 million by 2018. The initiative, named as what that will be rolled out first in Hyderabad, Chennai and Delhi. Uber also signed a MoU with the National Skill Development Corporation (NSDC) that will allow eligible drivers to gain access to NSDC’s 158 training centres across 28 cities to get training, apart from receiving soft skills : UberSHAAN

Posted on: 17th September 2016 Read complete Article →
Posted on: 17th September 2016 Read complete Article →
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