Current Affairs on Companies

For his services to the country's economy, former UK-based Managing Director of Tata Limited, has been appointed by Queen Elizabeth II as an honorary Commander of the Most Excellent Order of the British Empire (CBE). What is the name of the Former MD of TATA Limited?: SA Hasan

Explanation: Hasan was the Managing Director of Tata Limited in Europe, from 1999 until 2013. During his tenure, Hasan had played a major role in the growth of Tata's investments in the UK, with the acquisitions of Tetley Tea, Brunner Mond (now Tata Chemicals Europe), Corus Steel (now Tata Steel Europe), INCAT International plc (now Tata Technologies) and Jaguar Land Rover. 

Which company in India has bought world's most sophisticated armoured Mercedes to protect chairman and managing director on 20 June 2015?: Reliance Industries

Explanation: The fortified Mercedes Benz is mounted on a normal S600. The RIL car has Level-9 vehicle resistance (VR9), the highest available currently and was customised at Benz's Sindelingen plant in Germany. The car was purchased to safe guard the Anil Ambani who has got Z -category security since April 2013. RIl has waited for the 8 months as they were in at 57 number in the queue to get this car. RIL's 2015-model S600 V-9 armoured vehicle is the first in India. Actor Aamir Khan has the 2014 model.

What is the name of the Comcast Corp founder who died on 18 June 2015 at the age of 95?: Ralph Roberts

Explanation: Roberts, who was chairman emeritus of Comcast`s board, died of natural causes in Philadelphia. Roberts founded Comcast when he bought a small cable television system in Tupelo, Mississippi in 1963. His son, Brian Roberts, is the chairman and CEO of the company.

Reliance Communications on 18 June 2015 announced the launch of an innovative portal for its pre-paid GSM customers. What is the name of this platform?: Mera Number, Meri Deal

Explanation: "The `Mera Number, Meri Deal` is an innovative and insightful portal which will enable our customers to experience superior products through its various plans to suit all pockets."Mera Number, Meri Deal" portal offers services in three categories, namely "Rs.9 Store", "Special Offers" and "Flavor of the Month"

World’s first TV channel, which dedicated to farmers has launched a partnership with The National Dairy Development Board to create meaningful content for the farm and dairy sector on 17 June 2015. Which TV channel is this?: DD Kisan

Explanation: In the month of May 2015 Indian prime minister has launched the DD Kisan channel, The 24 hour TV channel focuses primarily on agriculture sector and rural India. The MoU aims at dissemination of up-to-date technical know-how to farmers, improving their livelihood and income by enhancing their knowledge, and providing information on various technical issues related to farming in the broader sense. 

Bharat Sanchar Nigam Ltd (BSNL) plans to introduce mobile wallet (m-wallet) over the next two months with State Bank of India as its banking partner. What is name of the M-Wallet?: MobiCash Wallet

Explanation: As per the bank, m-wallet will be different from others as money can be withdrawn for any unutilised fund and allow withdrawal from SBI ATMs. Mobicash Wallet mobile user can pay for various services such as recharge of prepaid cards and mobile/utility bills, book film tickets and shop online beside one can transfer money using the service. BSNL will also shortly introduce BSNL Buzz, a cell broadcast service to harness its mobile subscribers base to earn revenue from its potential advertisers.

Which Group on 15 June 2015 entered into an agreement with Rajasthan Government to set up a joint venture solar power park of 10,000 MW, which is expected attract an investment of Rs 60,000 crore?: Adani Group

Explanation: Rajasthan Government is keen to enhance the solar power generation capacity in the state and has committed to achieve 25,000 MW capacity by 2022. The JV will be known as Adani Renewable Energy Park Rajasthan Ltd. It will have a 50-50 equity partnership between the Rajasthan government and Adani Renewable Energy Park Ltd, a subsidiary of Adani Enterprises. Thus this project will be India's largest solar park and will also house manufacturing facilities to be set up under the country's ambitious Make in India initiative. Adani Group has set a target of 10,000 mega watts (MW) of solar power by 2022 and has signed a joint venture agreement with the government of Rajasthan to set up a 10,000 MW solar park, which will emerge as the largest such integrated facility in India. Adani Power is private thermal power generating company with an installed base of 10,480 MW. Apart from coal based power generation, Adani group also operates a 40 MW Solar PV Plant in Kutch, Gujarat.

Which Home appliance maker is aiming to more than double its turnover in the next five years to become a billion-dollar entity on 14 June 2015?: Eureka Forbes

Explanation: Eureka Forbes had acquired Switzerland-based home appliance firm Lux International and sells its products in 53 (rpt) 53 countries. The company, which mainly sells water purifiers, vacuum cleaners and air purifiers, is expanding its dealer network to 25,000 by year-end, from the 17,000 at present, in 3,000-3,200 cities and towns. The Shapoorji Pallonji Group company, with a turnover of Rs 3,100 crore, has been posting an annual growth of 15 percent, with international markets accounting for 30 percent.