Saturday, 17 October 2015

CURRENT AFFAIRS FOR 14TH OCTOBER 2015

CORPORATE AFFAIRS, E-COMMERCE AND TECHNOLOGY

  1. TCS Quarter 2 revenue up by 3% at $ 4.2 billion.
  2. Infosys have handed 2000 odd promotions to top performing employees and increased variable payouts, following consecutive quarters of industry leading growth
  3. Twitter will layoff up to 336 employees or about 8% of its workforce to revive growth.
  4. Mobille app startup Voodoo has raised an undisclosed amount in seed funding from Saif Partners.
  5. PepsiCo is working with licensing partners to market a line of mobile phones and accessories in China in the next few months.
  6. TAM media research and IMRB will jointly launch a guide to measure the combined frequency, viewership and reach of television channels, websites and mobile apps known as TeleWeb.
  7. French startup Wynd has raised $ 7.8 million series A round from Alven Capital and Orange Digital Ventures.
  8. Belgian startup expenditure has closed $ 5.7 million in series A funding from various private investors.
  9. Boostinsider has raised $ 1.5 million from Fine Charm Ventures and Kyline Fortune.
  10. French startup Doctolib has raised $ 20 million in funding from Accel partners , Nicolas Brusson, Pierre Kosciusko Morizet and Bertrand Jelensperger.
  11. Royal Enfield has opened two exclusive showrooms in Madrid and Paris.
  12.  Airtel to offer I-phone 6s and 6s plus through 235 of its retail stores.
  13. Maruti Suzuki will launch its first premium hatchback Baleno on October 26.
  14. General Motors India has said that it will take bookings of its premium sports utility vehicles Trailblazer through Amazon.in.
  15. Singapore's Temasek to invest Rs 31 Crores in popular insurance Portal Policy bazaar.
  16. Taro Pharmaceuticals the US subsidiary of India's largest drug maker Sun Pharmaceuticals has acquired Canadas Zalicus Pharmaceuticals by making a cash payment of Rs 25 crores.
  17. Peter Kerkar owned travel company Cox & Kings has acquired British hotel booking portal Laterooms.com for Rs 84 Crores.
  18. Reliance Power has appointed N Venugopala Rao as its CEO.
  19. Welspun Renewables has received $ 617 million in funding.
  20. DB realty will tie up with Radius Group to develop a housing project worth for Rs 3500 Crore in Mumbai.
  21. Videocon Industries to split its loss making entities in 6 new group companies by circle.
  22. Cafe Coffee Day allots 1038 crore equity shares at Rs 322 per share aggregating Rs334.27 Crores to 17 anchor investors.
  23. Nippon Life one of the largest life insurers in the world which already owns 35% in Reliance Mutual Fund bought an additional 14% stake in the company for Rs 1,200 Crores.
  24. India ranks third in worlds startup ecosystem.   

CRIMES, ECONOMY, ENTERTAINMENT, SPORTS, POLITICS AND NEWS AROUND THE WORLD

  1. Punjabi author Dalip Tiwana returns Padma Shri over Dadri Lynching and growing intolerance in the country.
  2. The 84TH birth anniversary of Dr APJ Abdul Kalam Azad will be celebrated by the Rashtriya Suraksha Jagran Manch.
  3. Jayant Patel and Justice NV Anjaria as asked the state election commission to probe into the allegation of fake degrees against Gujrat MoS Health Shankar Chawdhary.
  4. Vigilance sleuths raid IG rank officer Amitabh Thakur's House.
  5. Global Steel demand is slated to go down 1.7% in 2015 to 1.51 billion tonne.
  6.  State Run Bank of Baroda will soon hire an external accounting agency to identify the loopholes that led to  the Rs 6000 Crore forex scam.
  7. Foreign Portfolio Investors have invested Rs 6000 Crores in Government bonds in a single day.
  8. CBI have arrested 6 bank of baroda officials including AGM in connection with Rs 6000 Crores scam.
  9. A 22 year old woman has become the first woman to be appointed as a train guard on the Central Railway's Mumbai Division.
  10. The conviction rate in Maharashtra has touched a new high to 41.7% from 36%.
  11. India has accorded citizenship to 14,864 persons who were living in the enclaves on the Bangladesh side.
  12. Teenagers use text messaging more than any other mode of communication.
  13. The world famous literary works of Britains iconic war time Prime Minister Winston Churchill have been declared a World Heritage by Unesco.

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