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Wipro acquired US-based HealthPlan Services for 3150 crore rupees

Published on: 12-FEB-2016
Important for Exam: 5 people agreed

The acquisition will help the country’s third largest software services firm strengthen its position in the U.S. health insurance market.

YES Bank partnered with Smartbox to help reduce delivery returns for e-commerce firms

Published on: 11-FEB-2016
Important for Exam: 6 people agreed

With the association of YES Bank and Smartbox, COD will be handled as CSOD on the terminals, which will eventually reduce the burden of handling cash on the entire ecosystem.

HeyBiz tied up with Su-Kam Power

Published on: 11-FEB-2016
Important for Exam: 1 people agreed

The tie-up will enable HeyBiz users to chat and discuss with Su-Kam Experts or local dealers and get insight on product details, prices and dealers' location throughout the country.

Vishal Mehta appointed as President of International Grown Diamond Association

Published on: 08-FEB-2016
Important for Exam: 5 people agreed

Mehta is the Chief Executive Officer (CEO) of IIa Technologies, which grows diamonds at its state-of-the-art facility in Singapore.

Mahindra AMC received SEBI nod for Mutual Fund business

Published on: 06-FEB-2016
Important for Exam: 6 people agreed

Mahnidra AMC received licence from SEBI to manage the Mahindra Mutual Fund.

Reliance Infra signed Agreement with Birla Corp to sell its Cement Plant

Published on: 05-FEB-2016
Important for Exam: 4 people agreed

While RInfra is an entity of the Anil Ambani-headed Reliance Anil Dhirubhai Ambani Group, Birla Corp is the flagship Company of the M P Birla Group.

 

Reliance Defence to set up Dhirubhai Ambani Centre for Innovation & Research in Aerospace in Bengaluru

Published on: 04-FEB-2016
Important for Exam: 4 people agreed

The centre, the first-ever of its kind in the private sector in India, will be a world class facility for research, development and innovation in aerospace technology.

TCS became world's most powerful IT Services brand

Published on: 04-FEB-2016
Important for Exam: 6 people agreed

Scoring highly on a wide variety of measures such as familiarity, loyalty, staff satisfaction and corporate reputation, TCS emerged as the IT services industry's most powerful brand with a score of 78.3 points earning it an AA+ rating.

Alphabet Inc. became world’s most valuable company

Published on: 03-FEB-2016
Important for Exam: 5 people agreed

The shift occurred in extended trading of 1 February 2016 after Alphabet released a fourth-quarter earnings report that highlighted the robust growth of the digital ad market.

Leslie Berland appointed as Chief Marketing Officer of Twitter Inc

Published on: 30-JAN-2016
Important for Exam: 5 people agreed

Prior to this appointment, she was working at American Express (AmEx) as an executive vice-president of global advertising, marketing and digital partnerships.

Cognizant acquired US-based KBACE Technologies

Published on: 28-JAN-2016
Important for Exam: 4 people agreed

As part of the acquisition, around 400 KBACE consultants and implementation experts across industry and business functions will become part of Cognizant.

ReNew Power commissioned 40 MW wind project in Karnataka

Published on: 19-JAN-2016
Important for Exam: 10 people agreed

With this, the total wind capacity commissioned by ReNew Power has reached 693 megawatts and in Karnataka, it raised to 68.4 megawatts from earlier 28.4 megawatts.

Mindtree acquired a Salesforce Platinum Consulting Partner Magnet 360

Published on: 19-JAN-2016
Important for Exam: 3 people agreed

By acquiring Magnet 360, Mindtree added more than 100 certified Salesforce experts. This strengthens its ongoing focus on delivering customer success by helping clients digitize their entire back-end value chains.

Guenter Butschek appointed as CEO and MD of Tata Motors

Published on: 19-JAN-2016
Important for Exam: 11 people agreed

He was appointed after post of Managing Director of Tata Motors was vacant for two years since the death of Karl Slym on 26 January 2014 after falling from a hotel building in Bangkok. He is expected to join the company by 15 February 2016.

Analjit Singh resigned as chairman of Max Financial Services Ltd

Published on: 17-JAN-2016
Important for Exam: 1 people agreed

However, Singh will continue to serve as Chairman of Max Ventures and Industries Ltd.

Jet Airways and Bangkok Airways entered into Frequent Flyer Partnership

Published on: 17-JAN-2016
Important for Exam: 4 people agreed

The partnership came into force with the tie-up of award-winning loyalty and rewards management programme of Jet Airways named JetPrivilege and FlyerBonus, the loyalty scheme of Bangkok Airways.

SBI launched India’s first start-up focused bank branch SBI InCube

Published on: 15-JAN-2016
Important for Exam: 11 people agreed

The specialized branch aims to understand and address banking needs of a Start-up Business.

USIBC appointed Edward Monser, Punit Renjen as Vice Chairs of Council Board

Published on: 13-JAN-2016
Important for Exam: 6 people agreed

Renjen and Monser together represent over 60 years of experience and expertise in global manufacturing, business strategy, and business development, reflecting USIBC’s directive to maintain a diverse leadership.

Illumina, Bill Gates & Jeff Bezos launched startup GRAIL to develop blood-based cancer tests

Published on: 12-JAN-2016
Important for Exam: 1 people agreed

The test, which is also called as liquid biopsy, will use high-speed DNA sequencing machines to scour a person’s blood for fragments of DNA released by cancer cells.

Binny Bansal appointed as CEO of Flipkart

Published on: 12-JAN-2016
Important for Exam: 3 people agreed

Sachin Bansal, who has been the CEO since inception, will now take on the newly-created role of Executive Chairman.

Ashish Saraf appointed as Airbus Group’s vice president

Published on: 12-JAN-2016
Important for Exam: 3 people agreed

Saraf will look over the Group's existing Make in India initiatives and conceive new ones for all the businesses of Airbus Group India with the aim to increase their industrial footprint in the country.

Quikr acquired online real estate portal Commonfloor.com

Published on: 08-JAN-2016
Important for Exam: 3 people agreed

The merger is expected to be completed over the next two to three months. It will also give Commonfloor access to Quikr’s 30 million consumers.

Vedanta appointed Samir Cairae as India metals business CEO

Published on: 07-JAN-2016
Important for Exam: 2 people agreed

Cairae will report to Tom Albanese, CEO, Vedanta Resources Plc. Cairae will also become a member of Vedanta Executive Committee team.

Kunal Shah appointed as Chairman of Internet and Mobile Association of India

Published on: 07-JAN-2016
Important for Exam: 9 people agreed

Shah succeeds Nishant Rao, who has now joined Freshdesk as the global Chief Operating Officer. Shah co- founded FreeCharge in August 2010.

Forbes released 2016 30 Under 30 List; 45 Indian-origin people figured

Published on: 06-JAN-2016
Important for Exam: 16 people agreed

They were chosen from an initial screening list of more than 15000 representing a gamut of 20 segments that include art & style, finance, sports, education, etc.

CCI cleared Reliance Capital-Goldman Sachs deal

Published on: 06-JAN-2016
Important for Exam: 6 people agreed

The deal will also make Reliance MF the exclusive fund manager for the government's ambitious Central Public Sector Enterprises (CPSE) Exchange.

Nokia completed acquisition of Alca-Lucent for 15.6 billion euro

Published on: 05-JAN-2016
Important for Exam: 1 people agreed

The deal is expected to help the Nokia in competing globally with the likes of Ericsson and Huawei in the telecommunications field.

Mary Barra elected as Chairman of General Motors Board of Directors

Published on: 05-JAN-2016
Important for Exam: 3 people agreed

Barra succeeds Theodore Solso, who will continue serving as the Lead Independent Director of the Board.

Volvo Buses India merged with Volvo India Pvt Ltd

Published on: 05-JAN-2016
Important for Exam: 4 people agreed

VRV Sriprasad will continue to lead the Volvo Bus business in India. He will report to Akash Passey, Senior Vice President at the Volvo Bus Corporation.

Wipro appointed Abid Ali Neemuchwala as CEO

Published on: 05-JAN-2016
Important for Exam: 6 people agreed

On the other hand, the current CEO T K Kurien was elevated as its new executive vice-chairman. Both the changes will be effective 1 February 2016.

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