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Paytm launches Payments Bank

May 23, 2017
Important for Exam: 0 people agreed

With this launch, there are now three payments bank operational in the country, the other two being Airtel Payments Bank Ltd and India Post Payments Bank Ltd.

Tata Group is India’s most valuable brand: Brand Finance

May 18, 2017
Important for Exam: 1 people agreed

IT firm Infosys ranked fourth in the list with an estimated value of $6.2 billion, up one rank from 2016, while State Bank of India slipped to the fifth rank in 2017, from third in 2016.

India imposes anti-dumping duty on glasses and Chinese radiators

May 16, 2017
Important for Exam: 4 people agreed

India has imposed anti-dumping duty on certain glasses imported from Iran and Chinese aluminium radiators to protect the country’s domestic industry.

India and UK to sign MoU to increase efficiency of urban transport system

May 14, 2017
Important for Exam: 5 people agreed

Transport For London (TFL) is going to soon sign a MoU with Indian Ministry of Road Transport and Highways.

Twitter elevates Taranjeet Singh as Country Director for India

May 10, 2017
Important for Exam: 2 people agreed

Social networking and microblogging site Twitter has promoted its India Business head, Taranjeet Singh to the position of Country Director for India.

Discovery to launch its first Hindi general entertainment channel in India

May 10, 2017
Important for Exam: 0 people agreed

65-episode biopic series on Baba Ramdev will be aired on Discovery’s JEET, an entertainment channel that will be rolled out by the end of 2017.

Bharti Airtel and Ola Cabs tie-up to offer integrated digital services

May 8, 2017
Important for Exam: 0 people agreed

Airtel Payments Bank will be integrated with Ola app to offer convenient digital payments solutions to customers for their rides.

Facebook Launches Express Wi-Fi in India

May 7, 2017
Important for Exam: 3 people agreed

The commercial roll out of Express WiFi comes a year after Facebook pulled off the 'Free Basics' programme that drew severe criticism from advocates of net neutrality.

PepsiCo India forays into Dairy Products with Oats-Based Milk Beverage

May 6, 2017
Important for Exam: 1 people agreed

Besides Quaker Oats, PepsiCo is considering launching dairy-based beverages under other brands, including Tropicana.

Facebook launches Express WiFi in India

May 5, 2017
Important for Exam: 3 people agreed

The launch of the service comes a year after Facebook put an end to the controversial "Free Basics" programme that drew severe criticism from advocates of net neutrality.

RDEL gets approval to exit debt restructuring scheme

May 3, 2017
Important for Exam: 1 people agreed

As per the refinancing scheme, RDEL's existing debt of about Rs 650 crore will also be converted into equity shares at a price of Rs 59.35 per equity share.

Real Estate Act comes into effect, 13 states notify rules

May 2, 2017
Important for Exam: 5 people agreed

Real Estate act finally came into effect on 1 May 2016, ending a nine-year-long wait. The act will usher in more transparency and accountability in the real estate sector.

T K K Krishnakumar appointed as Coca-Cola India President

May 1, 2017
Important for Exam: 1 people agreed

Coca-Cola India is one of India’s leading beverage companies which, along with its bottling partners, has a strong network of over 2.6 million retail outlets.

Paytm launches Digital Gold; Consumers now buy gold on Paytm

Apr 28, 2017
Important for Exam: 1 people agreed

Using Paytm mobile wallets, consumers can purchase 24K 999.9 purity gold online and store it in MMTC—PAMP’s secure vaults free of charge.

Wikipedia founder to launch new site to tackle fake news

Apr 26, 2017
Important for Exam: 3 people agreed

Wikipedia’s founder Jimmy Wales is going to launch a new crowd-funded website that aims to curb the spread of false information by providing verified news.

Etihad appoints Robin Kamark as CEO of Airline Equity Partners

Apr 25, 2017
Important for Exam: 6 people agreed

Kamark will be responsible for leading and developing the Group’s minority equity investment strategy, which includes stakes in airberlin, Alitalia, Jet Airways, Air Serbia, Air Seychelles, Etihad Regional and Virgin Australia.

Google to introduce 'Copyless Paste' feature

Apr 24, 2017
Important for Exam: 1 people agreed

The Copyless Paste feature will take data from Chrome usage and use that to improve the experience in other apps.

Myntra acqui-hired logistics start-up for an undisclosed amount

Apr 21, 2017
Important for Exam: 0 people agreed

Fashion e-tailer Myntra has acquired a technology start-up to reduce its delivery time and smooth customer experience.

Amazon launches Fire TV Stick with Voice Remote in India

Apr 20, 2017
Important for Exam: 1 people agreed

Fire TV Stick comes with a quad-core processor and fast Wi-Fi for great picture quality.

SBI becomes India's most-valued Public Sector Company

Apr 19, 2017
Important for Exam: 2 people agreed

On the other hand, in Private Sector, IT major Tata Consultancy Services (TCS) became the most-valued Indian company with a market cap of Rs 454902.85 crore.

Indian billionaire Anil Agarwal buys 11.4% of miner Anglo American

Apr 15, 2017
Important for Exam: 1 people agreed

The Volcan Holdings investment company owned by Agarwal’s family is now the second largest shareholder behind South Africa’s Public Investment Corp, which owns more than 13 per cent.

Aditya Birla Nuvo to be merged with Grasim Industries

Apr 12, 2017
Important for Exam: 1 people agreed

Aditya Birla Nuvo Ltd and the Grasim Industries Ltd are the subsidiaries of the Aditya Birla Group.

Reliance Jio launches Dhan Dhana Dhan offer

Apr 12, 2017
Important for Exam: 1 people agreed

The firm withdrew its Summer Surprise offer of free services owing to a directive from the Telecom Regulatory Authority of India.

BHEL and Indian Railways tie-up for Rooftop SPV Systems

Apr 12, 2017
Important for Exam: 0 people agreed

The contract agreement was signed between the Bharat Heavy Electricals (BHEL) and the Indian Railways Organisation for Alternate Fuels (IROAF).

Cairn India merged with Vedanta Ltd

Apr 12, 2017
Important for Exam: 1 people agreed

The merged company will have a larger market cap of USD 15.6 billion.

Supreme Court rejects Compensatory Power Tariff for Adani Power, Tata Power

Apr 12, 2017
Important for Exam: 1 people agreed

Following this ruling, both the companies witnessed a dip in their share prices by up to 18 per cent on BSE.

Nokia partners with Airtel and BSNL to bring 5G Services in India

Apr 11, 2017
Important for Exam: 3 people agreed

The MoU will help BSNL to draw a framework for transition from the current network to a futuristic 5G network.

Flipkart acquires eBay India business to fight Amazon

Apr 11, 2017
Important for Exam: 0 people agreed

This new funding round valued Flipkart at  USD 11.6 billion now. This is about 24 per cent lower than the USD 15.2 billion valuation it got in 2015.

Paytm Mall launches QR code feature

Apr 10, 2017
Important for Exam: 0 people agreed

Paytm has launched its QR code in partnership with Samsung, which will be extended to almost all FMCG brands.

Aliza Knox, Twitter's head of Asia-Pacific, quits

Apr 5, 2017
Important for Exam: 0 people agreed

Knox’s exit from the micro-blogging site comes on the back of the loss of a number of high-profile Asia-based executives in 2016, including Managing Director for Southeast Asia, India, Middle East and North Africa (MENA) region Parminder Singh, India head Rishi Jaitly, China head Kathy Chen and Australia country boss Karen Stocks.

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