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Corporate

Rajiv Mangla appointed as CTO of Snapdeal

Published on: 28-AUG-2015
Important for Exam: 2 people agreed

As a CTO, Mangla will help the organisation in establishing its technical vision and will lead all aspects of technological development of the company.

Reliance Communications Ltd tied up with Jasper to offer Internet of Things services in India

Published on: 28-AUG-2015
Important for Exam: 2 people agreed

IoT refers to a network of internet connected devices which are embedded with electronic sensors and data transmitting technologies.

Wealth-X released the list of Top 20 Wealthiest People Under 35

Published on: 27-AUG-2015
Important for Exam: 3 people agreed

As per the report, Facebook co-founder and CEO Mark Zuckerberg is the wealthiest individual under the age of 35, with a personal fortune of 41.6 billion US dollars.

Ananth Padmanabhan appointed as CEO of HarperCollins India

Published on: 26-AUG-2015
Important for Exam: 2 people agreed

Padmanabhan will have overall responsibility for all divisions of the business and will report to Charlie Redmayne, CEO of HarperCollins UK.

PayU India tied-up with redBus to attract customers to use its wallet PayU Money

Published on: 26-AUG-2015
Important for Exam: 4 people agreed

This tie-up is expected to increase the wallet customers from the current 5 million users to 20 million by 2015 end.

Infosys launched three new services Aikido

Published on: 22-AUG-2015
Important for Exam: 36 people agreed

AIkido services are aimed at helping its clients address three key aspects of their business. The three service offerings are Ki in Knowledge-Based IT, Do in Design Thinking, and Ai in Platforms.

Uber Cabs tied-up with Bharti Airtel to set up WiFi hotspots in each of its cabs

Published on: 22-AUG-2015
Important for Exam: 16 people agreed

As part of this partnership, Uber riders across India can now pay for their trips using Airtel's mobile wallet service Airtel Money.

YouTube tied-up with Whistling Woods International to set up YouTube Space

Published on: 20-AUG-2015
Important for Exam: 8 people agreed

Slated to open in late 2015, the YouTube Space Mumbai facility will allow YouTube creators and students at WWI to learn about video production and collaborate with other creators.

Kishor Piraji Kharat appointed as MD and CEO of IDBI Bank

Published on: 19-AUG-2015
Important for Exam: 11 people agreed

Earlier, he had served  Union Bank of India as an Executive Director and before that he had served Bank of Baroda for three decades.

M-Wallet app SBI Buddy launched

Published on: 19-AUG-2015
Important for Exam: 26 people agreed

Besides the app Buddy, logo and website of SBI Foundation was also unveiled on the occasion by the Union Finance Minister Arun Jaitley.

ICICI Bank launched locker facility named Smart Vault

Published on: 18-AUG-2015
Important for Exam: 29 people agreed

The Smart Vault uses robotic technology to access the lockers from the safe vault and enables customers to conveniently access their lockers at any time of their preference.

Birla Corporation acquired two Indian units of Lafarge Group for 5000 crore rupees

Published on: 18-AUG-2015
Important for Exam: 6 people agreed

The transaction will be funded through existing cash reserves and incremental debt and is subject to approvals, including clearance from the Competition Commission of India.

Housing.com acquired Bengaluru-based HomeBuy360

Published on: 17-AUG-2015
Important for Exam: 4 people agreed

This deal will help Housing.com to strive for efficiency in the Indian real estate sector. This will help in reduction of property prices eventually benefitting the consumers.

Sanjay Jalona appointed as MD and CEO of L&T Infotech

Published on: 13-AUG-2015
Important for Exam: 6 people agreed

Jalona will run L&T Infotech from its New Jersey office in order to add thrust to its profitable growth.

Forbes released list of 100 Richest People In Technology

Published on: 13-AUG-2015
Important for Exam: 26 people agreed

The list is dominated by American billionaires as just over half of the tech billionaires are from the United States.

Xiaomi Corp tied up with Foxconn to set up facility in Andhra Pradesh under Make in India initiative

Published on: 11-AUG-2015
Important for Exam: 9 people agreed

These two Smartphone manufacturers will together roll out Xiaomi’s first locally made Smartphone, the Redmi2 Prime to expand Xiomi's market share in India.

Google launched its parent company Alphabet Inc

Published on: 11-AUG-2015
Important for Exam: 31 people agreed

The new parent company was formed as part of Google’s new organisational structure which will help the company to keep tremendous focus on the extraordinary opportunities and products.

Foxconn decided to invest 5 billion US dollar in Maharashtra over next five years

Published on: 10-AUG-2015
Important for Exam: 6 people agreed

The agreement was signed after Foxconn plant was granted 1500 acres of land at Talegaon in Pune district along the Pune-Mumbai expressway.

Accenture appointed Rekha Menon as Chairperson of India's operation

Published on: 08-AUG-2015
Important for Exam: 19 people agreed

Accenture appointed Anindya Basu as Managing Director of Accenture India who will take the charge from 21 August 2015.

Snapdeal tied-up with department store chain Shoppers Stop Ltd

Published on: 07-AUG-2015
Important for Exam: 3 people agreed

With this partnership, customers ordering from Shoppers Stop brand store on Snapdeal can now pick up the ordered products or get them delivered from the nearest Shoppers Stop store.

SBI Life Insurance launched Smart Humsafar Plan

Published on: 07-AUG-2015
Important for Exam: 16 people agreed

The plan complements the couple's efforts to achieve prosperity along with protection to fulfill their dream of leading a better life.

Amitava Ghosh appointed as Vice President-engineering of Snapdeal

Published on: 07-AUG-2015
Important for Exam: 6 people agreed

Prior to this appointment, he was the Chief Technology Officer (CTO) at TaxiForSure.

Bharti Airtel launched 4G services in 296 towns across India

Published on: 06-AUG-2015
Important for Exam: 15 people agreed

With this the largest telecom company of India became the first company to roll out the pan-India 4G network which is built on an open partner ecosystem model

Murugappa Group signed agreement with Organo Corp to form Joint Venture

Published on: 06-AUG-2015
Important for Exam: 4 people agreed

As per the agreement, the Murugappa Group will hold 51 percent in JV and the remaining portion will be with the Organo Group.

Snapdeal launched Snapdeal Instant to make instant delivery of packages

Published on: 05-AUG-2015
Important for Exam: 8 people agreed

Snapdeal Instant is aimed at further improving customer experience on the eCommerce platform by enabling faster deliveries and maintaining product quality at the same time.

Roland S Folger appointed as CEO and MD of Mercedes-Benz India

Published on: 04-AUG-2015
Important for Exam: 5 people agreed

Currently, Roland S Folger is the President and CEO of Mercedes-Benz Malaysia.

Bharti Airtel acquired YTS Solutions for mobile payment solutions

Published on: 04-AUG-2015
Important for Exam: 6 people agreed

This acquisition will help Airtel to expand its footprint in the payments sector by integrating business capabilities and unique service delivery model of the YTS.

Microsoft launched Windows 10 operating system

Published on: 31-JUL-2015
Important for Exam: 27 people agreed

This operating system will be available for free to Windows 7 and 8.1 users who reserved the copy. This upgrade will be available for free for one year.

Kotak launched mobile banking app named Kotak Bharat

Published on: 31-JUL-2015
Important for Exam: 18 people agreed

At present, the application is available in Hindi and English language, but by end of August 2015 it will have other languages like Gujarati, Marathi, Tamil and Kannada.

SEBI cancelled Certificate of Registration of Sahara Mutual Fund

Published on: 30-JUL-2015
Important for Exam: 12 people agreed

Sahara has been asked to make efforts to transfer its activities to a new Sponsor and a SEBI approved Asset Management Company at the earliest.

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