CURRENT AFFAIRS FOR 15TH OCTOBER 2015

CORPORATE AFFAIRS, E-COMMERCE AND TECHNOLOGY

1. United Spirits is venturing into regional cinema production to promote Bagpiper Brand.
2. FMCG Major HUL reported 5% year on year increase in domestic sales at Rs 7,819.64 Crores for the July-September Quarter while Net Profit Declines by 3% to Rs 962.24 Crores.
3. Arun Jain the founder chairman of Polaris Consulting & Services, is set to exit the company Virtusa Corp.
4. Big Fish Ventures a Delhi-Based startup that runs premium dining lounges plans to raise Rs 200 Crores on venture capital funding to open new outlets.
5. Videocon Group and Mumbai based digital advertising and technology company EveryMedia Technologies are buying teams in the New Dubai Based Masters Champions League.
6. Handset maker Micromax has invested in Gaana.
7. OnePlus is all set to unveil their next device on October 29.
8. There are more than 100 billion searches on Google out of which half of them on mobile devices.
9. Bizongo an online B2B marketplace for industrial goods and supplies has raised an undisclosed amount of funding from Accel Partners.
10. Content Distributor App Inshorts has acquired Palo Alto/ Bengaluru based BetaGlide a startup that builds technology to optimise mobile apllications.
11. ThyssenKrupp sees ease of doing business and lines up a Rs 300 Crore investment.
12. Evan Gallagher appointed CEO and ED of ASK Capital Management.
13. Realty developer Tata Housing Development Company has tied up with Facebook to market its project in Goa.
14. Japan's Drug Regulator, the Pharmaceuticals and Medical Devices Agency is set to open an office in India soon.
15. Vodafone to soon launch an IPO.
16. Tata Motors aims to double passenger vehicle sales to regain market share.
17. Reliance Life Sciences the biopharmaceuticals unit of Reliance Industries, has terminated its deal with Boston based Epirus Biopharmaceuticals for supplies of Remicade Biosimilars.
18. MasterCard Chief Executive Ajaypal Banga has maintained as the only Indain CEO among the world's top 100 CEO's.
19. Japanese auto maker Nissan has signed a $40 million deal with International Cricket Council to further strengthen its tie with the sport.
20. Mahindra First Choice Wheels Ltd acquired the business assets of Autorisk Management Services.
21. France based Private equity firm IndEu is set to raise $ 70 million to invest in Indian Luxury market.
22. Twitter appointed former Google Executive Omid Kordestani's as its executive chairman.
23. Apple Inc could be facing $862 billion in damages after a US jury found that the iphone company used the technology owned by University of Wisconsin-Madison's licensing arm.
24. The Coal Mines Provident Fund Organisation has given a mandate to handle Rs 75000 Crore worth of assets to Reliance Capital AMC, SBI, MF and ICICI securities.

  

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

1. Maharashtra Government is all set to launch 'Mukhya Mantri Gram Sadak Yojana' on the lines of the NDA government flagship programme ' Pradhan Mantri Gram Sadak Yojana'.
2. More than Rs 17 Crores in cash, over 800 kg of ganja, one lakh litre of liquor and over 8 kg of gold have been seized by authorities in poll bound Bihar.
3. Wholesale prices drop for 11th straight month to negative 4.54% in September.
4. Finance Minister Arun Jaitley will launch the first Arab Economic Forum in India.
5. The government may issue Swachh Bharat Bonds and impose a cess on automobiles, minerals and telecom services to fund Prime Ministers National Cleanliness Project.
6. There are 2080 ultra high net worth individuals in India with wealth of over $ 50 million and the number of dollar millionaires in the country is projected to touch 3,05,000 in the next 5 years.
7. Railways to invest $ 1,140 billion to modernise the service and improve the safety and passenger amenities.
8. FTIL sells 11% stake to exit Indian Energy Exchange for an undisclosed sum.
9. Bombay high Court orders MSEI to deposit Rs 21.6 Crores more in MCX's warrants case.
10. The Centre might raise the import duty to 25% from current 10% on wheat.
11. With Surplus availability of iron ore in the domestic market imports are likely to shrink to 5 million tonnes.
12. PM calls incidents of Dadri and Ghulam Ali row saddening and unfortunate.
13. Maharashtra Government names SG Aney as the new advocate general of Maharashtra.
14. Mumbai University has virtually repeated subjective question from two papers during april exam in the ongoing TYB.com Semester V exam.
15. India has been named the most attractive country for investment in a survey of over 500 global investors released by Ernst & Young.
16. The SC has asked writer Shobhaa De to respond to an assembly notice over her tweets on Marathi films.
17. All secret files relating to Netaji set to declassified from January 23.
18. UB group has decided to withdraw its association with Indian Derby.
19. Maximum temperature in India had seen rising once again with 36 degree celsius three degrees above the normal.
20. The state cabinet of Maharashtra passed a new policy that requires all departments to submit their purchase plans for each financial year in advance and complete all transactions by February 15 rather than March 31.
21. BEST is likely to propose an electricity tariff hike of 12-15% for the next fiscal year.
22. Ranjit Singh Deol a 1998 batch IAS officer took charge as Vice Chairman and Managing Director of MSRTC.
23. The state government will undertake road work worth Rs 13,282 Crores under Gram Sadak Yojana.
24. The Himachal Pradesh High Court asked the Centre to consider enacting a law where a total ban on beef within 3 months.
25. Russia may ban booze once a week in cities of Moscow and St Petersburg.