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L&T bags 100 million dollar order from Vietnam Border Guard

2 days ago
Important for Exam: 1 people agreed

The contract also provides that L&T will transfer design and technology along with supply of equipment and material kits for construction of follow-on vessels at a Vietnam shipyard.

Ola ties-up with Yatra for Cab Booking Interface Integration

Sep 21, 2016
Important for Exam: 0 people agreed

Through this integration, users will be able to book a ride directly through Yatra.Com's app without having the Ola application installed on their devices.

Jubilant FoodWorks CEO Ajay Kaul resigns

Sep 20, 2016
Important for Exam: 0 people agreed

Kaul's resignation came at a time when Jubilant Foodworks, which is the master franchisee of Domino's and Dunkin' Donuts in India, reported decline of 3.2 percent in its same-store sales growth.

HAL gets APAQG membership with voting rights

Sep 20, 2016
Important for Exam: 2 people agreed

With this, India became the seventh nation to join the APAQG under TRHE International Aerospace Quality Group (IAQG). The other nations of APAQG are China, South Korea, Taiwan, Indonesia, Singapore and Japan.

Virat Kohli appointed as Brand Ambassador of Punjab National Bank

Sep 19, 2016
Important for Exam: 4 people agreed

Since its inception in 1895, PNB has been people's bank serving millions of customers throughout India. Over the years, the Bank has established itself as a major player in Indian banking space.

Hiroshi Nakagawa takes over as Chairman of Isuzu Motors India

Sep 15, 2016
Important for Exam: 0 people agreed

Hiroyasu Miura, the erstwhile Chairman of IMI will take over as the Chairman and Managing Director (CMD) of Isuzu Engineering Business Centre India Pvt Ltd (IEBCI) with immediate effect.

Reliance Communications and Aircel to be merged to create 4th largest telco

Sep 15, 2016
Important for Exam: 3 people agreed

The merged company will be one of India’s largest private sector companies. It will have an asset base of over 65000 crore rupees and net worth of 35000 crore rupees.

Samsung Electronics Vice Chairman Lee Jae-yong to be appointed as Director of the Board

Sep 13, 2016
Important for Exam: 1 people agreed

The decision to appoint Lee Jae-yong to the board was made keeping in mind the urgent need for strategic decision-making on aggressive investments and new growth engines from a long-term perspective.

CK Asnani assumes charge as CMD of Uranium Corporation of India Limited

Sep 8, 2016
Important for Exam: 1 people agreed

Asnani is a Chemical Engineer from Osmania University. He was the Director (Technical) of Indian Rare Earths Limited, Mumbai before the present assignment.

Microsoft, Google and Salesforce adopt EU-US Privacy Shield framework

Sep 6, 2016
Important for Exam: 0 people agreed

The European Commission adopted the EU-US Privacy Shield framework in July 2016 to facilitate the transfer of personal data from the EU to the United States (US).

Religare Enterprises appoints Sunil Godhwani as CEO

Sep 6, 2016
Important for Exam: 1 people agreed

Religare Enterprises Limited (REL) is the holding company for one of India's leading diversified financial services groups. It is headquartered in New Delhi, India.

LG Electronics Inc ties up with Amazon.com on smart-home services

Sep 2, 2016
Important for Exam: 1 people agreed

It would add Amazon.com's Dash feature on its SmartThinQ Sensors, which enabled smart features on appliances to allow users to quickly order household items such as laundry detergent or drinks.

Reliance Industries launches Reliance Jio offering Free Voice Calls, cheap Data Plans

Sep 2, 2016
Important for Exam: 2 people agreed

The Jio Welcome Offer will be effective from 5 September 2016 up to 31 December 2016. As part of the Jio Welcome Offer, users will have access to unlimited LTE data and national voice, video and messaging services.

Sony Pictures to acquire sports channels of Zee for 385 million US dollar

Sep 1, 2016
Important for Exam: 1 people agreed

TEN Sports holds cricket rights in South Africa, Pakistan, Sri Lanka, West Indies and Zimbabwe. It also holds the rights for world wrestling, some football leagues, WTA and ATP tennis events, golf tours, Asian and Commonwealth Games athletics, motor Sports and cycling events, including Tour de France.

Indian-origin Ajei Gopal named CEO of ANSYS

Sep 1, 2016
Important for Exam: 0 people agreed

James Cashman, who has served as ANSYS’ CEO since 2000, will become Chairman of the Board of Directors, effective from January 2017.

Mukesh Mehta appointed as President of India Bullion and Jewellers Association

Aug 29, 2016
Important for Exam: 4 people agreed

Mehta succeeds Mohit Kamboj, who resigned in the Annual General Meeting (AGM) of IBJA on 24 August 2016.

Reliance Cement becomes subsidiary of Birla Corporation Limited

Aug 24, 2016
Important for Exam: 1 people agreed

Reliance Cement Company Private Limited (RCCPL) was acquired by the Birla Corporation Limited for 4800 crore rupees.  RCCPL is a subsidiary of the Reliance Infrastructure Ltd (RInfra).

Unilever Plc acquires Swedish firm Blueair

Aug 17, 2016
Important for Exam: 1 people agreed

However, Blueair will continue to operate under its existing brand name in all its markets in Sweden, China, the U.S., Japan, South Korea and India.

Hindustan Copper Limited inaugurated nickel production facility in Ghatsila

Aug 16, 2016
Important for Exam: 2 people agreed

This is the first facility in India to produce Nickel metal of LME grade from primary resource. Currently, Copper is recovered from bleed electrolyte as liberator cathode having only 50-90 percent Copper content, and liberator sludge with 50-60 percent Copper content.

UBI launched USSD based *99# Mobile Application for basic banking needs

Aug 16, 2016
Important for Exam: 2 people agreed

It was launched in partnership with National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments system in the country.

Microsoft appoints Sriram Rajamani as MD of India Research Lab

Aug 12, 2016
Important for Exam: 2 people agreed

Microsoft Research Lab India was founded in January 2005. It is located in Bangalore. The lab conducts long-term basic and applied research in different areas, such as cryptography, security, and algorithms etc.

Rajeev Krishnan appointed as Managing Director of Max Hypermarkets India

Aug 10, 2016
Important for Exam: 0 people agreed

As managing director, Krishnan will guide and direct the strategy and execution of the Hypermarket & Supermarket business of the SPAR brand in India, and will report to the board of Max Hypermarket, a franchisee of SPAR India.

Pawan Munjal reappointed CMD and CEO of Hero MotoCorp

Aug 10, 2016
Important for Exam: 0 people agreed

On the other hand, Hero MotoCorp appointed Vikram Kasbekar - Head of Operations & Supply Chain - to the Board of Directors of the company.

Former RBI Deputy Governor Anand Sinha appointed to the IDFC Bank board

Aug 9, 2016
Important for Exam: 1 people agreed

Sinha will join Bank as an Additional Director in the category of Independent Director on the board with effect from 1 August 2016.

Manish Tandon appointed as CEO of CSS Corp.

Aug 8, 2016
Important for Exam: 1 people agreed

He will be inducted as a whole time Director of the board and as CEO. He will succeed TG Ramesh, the current CEO who now moves onto the role of a strategic advisor role as a non-executive director on the board.

Vinod Rai steps down from IDFC Bank’s board

Aug 5, 2016
Important for Exam: 0 people agreed

Rai was on IDFC Bank board since its inception in October 2015. He was appointed as the Chairman of Bank Board Bureau on 28 February 2016.

Nimesh Kampani resigns as Managing Director of JM Financial Ltd

Aug 4, 2016
Important for Exam: 0 people agreed

However, Kampani will continue to be the Non-Executive Chairman of the group and a director on the board of a few group companies at JM Financial. He will be succeeded by his son Vishal Kampani.

Anant Maheshwari named as President of Microsoft India

Aug 2, 2016
Important for Exam: 5 people agreed

Maheshwari will succeed Bhaskar Pramanik, who retires in March 2017. Maheshwari, who will join Microsoft India on 1 September 2016, will take over operations of the company on 1 January 2017.

Deepak Iyer appointed as Managing Director of Mondelez India

Aug 2, 2016
Important for Exam: 1 people agreed

Iyer, as Managing Director of Mondelez India Foods, will be part of the Asia Pacific Leadership Team and report into Maurizio Brusadelli, President of Asia Pacific, Mondelez International.

Flipkart acquires online fashion portal Jabong

Jul 26, 2016
Important for Exam: 6 people agreed

Global Fashion Group has been on the lookout for a buyer of Jabong for the last few months. The company was in touch with Snapdeal as well as Future Group and Amazon, but a deal failed to pass through.

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