Aditya Birla Group on 3 May 2015 announced merger of all its branded apparel businesses into one entity. Thus now the apparel businesses of group holding company Aditya Birla Nuvo and of another group firm Madura Garments Lifestyle Retail Ltd would be demerged into listed firm Pantaloons Fashion & Retail Ltd. What is the name of new entity?: Aditya Birla Fashion and Retail Ltd
Explanation: The new entity will have a combined turnover of Rs 5,290 crore and a retail network of 1,869 exclusive stores, becoming the largest pure play fashion company in the country. This consolidation will create India's largest pure play fashion & Lifestyle Company with a strong bouquet of leading fashion brands and retail formats. This move brings India's number one branded menswear and women wear players together.
On 1 May 2015, the world's largest privately-held air ambulance provider notify the plans to start India services in the first quarter of the next calendar year, in tie-up with Indian charter operator Aviators Air Rescue. What s the name of the company?: Air Medical Group Holdings (AMGH)
Explanation: An air ambulance is a helicopter that is equipped with an approved flight stretcher, specialised medical equipment and medication to treat a patient. It is staffed with a fully-trained medical team to handle the specific needs of a patient who needs to be transported by air. In India, OSS Air, a Mumbai-based service provider of Finmeccanica's AgustaWestland helicopters, claims to be operating the country's sole DGCA certified air ambulance helicopter. It started services in 2011. Hospitals also operate air ambulances through tieups with charter operators.
The Maharashtra’s Food and Drugs Administration (FDA) on 1 May 2015 filed an FIR against CEO, Directors and respective distributors of which e-commerce major on charges of for selling prescription drugs online?: Snapdeal
Explanation: The FIR was filed 15 days after when FDA raided the Mumbai offices of Snapdeal for the selling prescription drugs such as Viagra and Ascoril on its website. Thus on 1 May 2015 the FIR was filed against e-commerce major Snapdeal’s CEO Kunal Bahl, co-founder Rohit Bansal and other directors. As per the law, it is illegal to sell (both offline and online) drugs to patients or customers without a proper prescription in the country. Maharashtra FDA caught the snapdeal when it has order online and receievd the durgs which are only supposed to sell by doctors prescription. Thus MHA had also asked Snapdeal to immediately de-list such drugs from its site to which the company had complied. It was also investigating other e-commerce platforms such as Flipkart, Amaozon, Shopclues and Ebay.
On 30 April 2015, “TAM” the rating mechanism for the television is being replaced by which new rating mechanism for television in India that announced its first data for week 16 of 2015 on 30 April 2015?: Broadcaster Audience Research Council (BARC)
Explanation: TAM is the existing ratings provider, which is a joint venture between Nielsen and Kantar. Broadcaster Audience Research Council (BARC) was established in 2012 by the Indian Broadcasting Foundation which has a 60% stake, the Indian Society of Advertisers and the Advertising Agencies Association of India with each having 20% stake. BARC uses an advanced, audience measurement technique -audio watermarking, to track content through its broadcast cycle. Thus, this is a code inserted into the audio channel of the television signal which transmits through the distribution platforms and cannot be, either deleted or overwritten in the cryptographic family it adopts. Therefore it increases the integrity and reliability of the data generated by BARC’s ratings and each channel being watched by the viewer can be identified uniquely by the system. BARC system will also captures data about TV content consumed through any form of distribution – terrestrial, DTH, analog cable and digital cable.
About 15 lakh small and medium businesses from India are using which social media platform to reach out to customers?: Facebook
Explanation: Facebook - the world's largest social networking site with over one billion users globally, has more than 40 million (four crore) active small business pages on its platform. In India as many 15 lakh small and medium businesses Pages and is growing at over 70 percent year-on-year. India is the second largest market for Facebook globally, after the US, with over 112 million users. As of March 31, 2015, Facebook had 1.44 billion monthly active users globally.
A move look to address the users complaints regarding data usage, telecom regulator TRAI on 29 April 2015 proposed that service providers should take explicit consent of consumers through which toll free short code for activating data services?: Toll free short code 1925
Explanation: It is proposed to mandate the service providers to provide the mobile subscriber, who has taken data connection through data packs or through tariff plan with discounted tariff upto certain limit. Thus the Telecom Regulatory Authority of India (TRAI) inform service providers that they should inform mobile subscribers, who have taken data packs, through SMS or USSD whenever the limit of data usage reaches 50 percent, 90 percent and 100 percent.
FMCG major Colgate-Palmolive India on 29 April 2015 announced a voluntary retirement scheme (VRS) for employees at which manufacturing facility at Waluj in Maharashtra?: Toothpowder manufacturing facility
Explanation: The company has on April 29, 2015 announced a voluntary retirement scheme for the employees at the toothpowder manufacturing facility at Waluj, Aurangabad, Maharashtra to improve its competitive strength. Shares of Colgate Palmolive closed at Rs 2011.90 apiece, down 0.23 percent from its previous close on the BSE.
US-based software giant Microsoft has started re-branding of Nokia stores worldwide, thus they have started this activity with which country stores?: India
Explanation: In India, Microsoft will re-brand 8,872 stores and 119 care centres, of which 441 will get a complete facelift while the remaining will be refurbished with new signage by the end of June 2015. Therefore, out of total nearly 8000 re-branded Nokia store will start selling Lumia smartphones, sell Xbox one and Windows tablets. Once the activity is kick off then the first Microsoft priority reseller store will come up at Gurgaon (India).
IT firm of France Capgemini on 27 April 2015 announced acquisition of which US-based IT service outsourcing company for $4 billion?: iGate
Explanation: The acquisition of iGate by Capgemini is expected to strengthen Capgemini’s key businesses in application and infrastructure services as well as BPO and engineering services.Earlier iGate had bought India’s Patni Computer Systems in 2011 in partnership with private equity giant Apax Partners in a $1.2 billion deal. iGate, headquartered in New Jersey, U.S.notifiedthe revenues of $1.3 billion in 2014. Its largest market is North America, which represented 79% of revenues, followed by Europe (14%) and Asia-Pacific (7%) thus the combined revenue of the merged company is estimated at €12.5 billion in 2015 with around 1.9 lakh employees.
Name the Chairman of the German auto group Volkswagen who resigned from the post on 25 April 2015 after more than two years of his dominating presence and current controversy in the company?: Ferdinand Piech
Explanation: 78-year old Ferdinand Piech is grandson of the inventor of the Volkswagen Beetle Ferdinand Porsche. He was a know personality for iconic German carmaker Volkswagen for more than two decades. He resigned after losing a showdown with company CEO Martin Winterkorn in which he was isolated in a five-to-one vote of Volkswagen’s steering committee. When Piech became CEO of VW in 1993 and during his nine-year tenure, he turned a loss equivalent to 1 billion euros ($1.09 billion) into a 2.6 billion euro profit while spearheading VW’s expansion to a 12-brand entity that makes everything from fuel-efficient city cars to 40-tonne trucks.
