CURRENT AFFAIRS FOR 14TH OCTOBER 2015
CORPORATE AFFAIRS, E-COMMERCE AND TECHNOLOGY
- TCS Quarter 2 revenue up by 3% at $ 4.2 billion.
- Infosys have handed 2000 odd promotions to top performing employees and increased variable payouts, following consecutive quarters of industry leading growth
- Twitter will layoff up to 336 employees or about 8% of its workforce to revive growth.
- Mobille app startup Voodoo has raised an undisclosed amount in seed funding from Saif Partners.
- PepsiCo is working with licensing partners to market a line of mobile phones and accessories in China in the next few months.
- 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.
- French startup Wynd has raised $ 7.8 million series A round from Alven Capital and Orange Digital Ventures.
- Belgian startup expenditure has closed $ 5.7 million in series A funding from various private investors.
- Boostinsider has raised $ 1.5 million from Fine Charm Ventures and Kyline Fortune.
- French startup Doctolib has raised $ 20 million in funding from Accel partners , Nicolas Brusson, Pierre Kosciusko Morizet and Bertrand Jelensperger.
- Royal Enfield has opened two exclusive showrooms in Madrid and Paris.
- Airtel to offer I-phone 6s and 6s plus through 235 of its retail stores.
- Maruti Suzuki will launch its first premium hatchback Baleno on October 26.
- General Motors India has said that it will take bookings of its premium sports utility vehicles Trailblazer through Amazon.in.
- Singapore's Temasek to invest Rs 31 Crores in popular insurance Portal Policy bazaar.
- 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.
- Peter Kerkar owned travel company Cox & Kings has acquired British hotel booking portal Laterooms.com for Rs 84 Crores.
- Reliance Power has appointed N Venugopala Rao as its CEO.
- Welspun Renewables has received $ 617 million in funding.
- DB realty will tie up with Radius Group to develop a housing project worth for Rs 3500 Crore in Mumbai.
- Videocon Industries to split its loss making entities in 6 new group companies by circle.
- Cafe Coffee Day allots 1038 crore equity shares at Rs 322 per share aggregating Rs334.27 Crores to 17 anchor investors.
- 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.
- India ranks third in worlds startup ecosystem.
CRIMES, ECONOMY, ENTERTAINMENT, SPORTS, POLITICS AND NEWS AROUND THE WORLD
- Punjabi author Dalip Tiwana returns Padma Shri over Dadri Lynching and growing intolerance in the country.
- The 84TH birth anniversary of Dr APJ Abdul Kalam Azad will be celebrated by the Rashtriya Suraksha Jagran Manch.
- 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.
- Vigilance sleuths raid IG rank officer Amitabh Thakur's House.
- Global Steel demand is slated to go down 1.7% in 2015 to 1.51 billion tonne.
- 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.
- Foreign Portfolio Investors have invested Rs 6000 Crores in Government bonds in a single day.
- CBI have arrested 6 bank of baroda officials including AGM in connection with Rs 6000 Crores scam.
- A 22 year old woman has become the first woman to be appointed as a train guard on the Central Railway's Mumbai Division.
- The conviction rate in Maharashtra has touched a new high to 41.7% from 36%.
- India has accorded citizenship to 14,864 persons who were living in the enclaves on the Bangladesh side.
- Teenagers use text messaging more than any other mode of communication.
- 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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