CURRENT AFFAIRS FOR THE MONTH AUGUST 2015
CORPORATE AFFAIRS, TECHNOLOGY AND E-COMMERCE
- Reliance Jio Infocomm to raise another Rs 10,000 Crores in debt to fund its business expansion.
- Facebook Founder Mark Zuckerberg is expecting a baby girl after 3 miscarriages.
- Uber Valued at $ 50 billion as Microsoft invests $ 100 million.
- Footwear Brand Bata India is launching a new line of products for E-commerce business with the aim of increasing sales five times.
- Snapdeal appoints Anup Vikal as the New Finance Head who was the CFO of Aircel.
- Rupert Murdoch owned Star Network exits Balaji for Rs 108 Crores Which is sold to Metropolitan Stock Exchange of India.
- Netflix announced that new mothers and fathers get a unlimited paid parental leave for a year.
- Shoppers Stop, Bennett Coleman and Co Ltd (BCCL) have announced a strategic partnership to extend femina into the consumers product space.
- Flipkart to sell furniture now priced between Rs2000 and Rs150000 with free shipping and installation.
- Pharma company Abbott India pays Rs 950 Crores for space in Godrej BKC which is biggest commercial transaction this year.
- National Aluminium Company wants to set up an aluminium smelter plant worth $ 2.6 billion in Iran.
- Deutsche bank group has entered into a deal to sell its Rs 20,000 Crores asset management business in India Pramerica Asset Managers.
- Apple Inc shells out $700,000 per year to protect Tim Cook.
- Taiwan's Foxconn, the world's largest electronics manufacturer signed a pact with Maharashtra to invest $ 5 billion over 5 years in semi-conductor manufacturing facility.
- Naresh Goyal chairman of Jet Airways Brother Surinder Kumar Goyal Passes away.
- OLA value doubles to Rs 3200 crores in 6 months.
- Housing.com may lay off 600 employees in next 3 months.
- FoxConn to start maharashtra Manufacturing by 2018.
- Chinese handset maker Xiaomi may set up plant in Andhra Pradesh which will be its 1st in India.
- Carnival Group buys Leela Infopark in Thiruvanthapuram for Rs 142 Crores.
- Aricent buys chip design company SmartPlay for Rs 1,100 crores.
- Private Equity Chrys Cap acquires IT company for Rs 403 Crores.
- Domestic organized Pharma retail market crossed Rs 90,000 Crores.
- Car sales grow 17% in July, highest in 3 months.
- Everstone Capital to buy Musli Power for Rs 125 Crores.
- Government sues Nestle for Rs 640 Crores for selling unsafe and hazardous products.
- Posco to set up 1st steel plant in India for $ 1 billion.
- Landmark group has appointed Deputy CEO of its Lifestyle store as Jacob John who is currently the COO of Louis Philippe.
- Hero Cycles acquires UK based cycle distributor Avocet Sports.
- Sun Pharma appointed Yashwant Mahadik as its HR head who is the former Philips Executive.
- Beverages maker Coke signs 3 year deal with Sourav Ganguly.
- Tata Sons has increased its stake in AirAsia India from 30% to 41%.
- Tata Motors has taken Indigo Airlines to court for using the name Indigo.
- Uber may hit $ 11 billion bookings in 2015 and $ 26 billion in 2016.
- India is No.2 Investment country for Amazon.
- Private equity firms CX partners to buy 48% stake in Cremica for Rs 650 Crores.
- Ashwani Lohani to be the next Air India Chairman and MD.
- Nestle plans to bring back Maggi by the end of this year.
- Indian Oil Corporation sell off to take April-Oct divestment kitty to Rs 12,600 Crores.
- Adani Group to invest Rs 25000 Crores in Chhattisgarh.
- Australia Coffee Chain Di Bella Cofffee will invest $5 Million (Rs 33 Crores) in next 1 year.
- Philips appoints 1st Indian Madhavan Hariharan as CFO.
- Flipkart to launch support centres in 20 centres in 20 cities by year end named ' Flipkart One Stop'.
- Jewellery retailer Carat lane to spend Rs 60 Crores on Marketing.
- C and C Alpha Group sells UK based hospitals Chain to Cygnet healthcare for Rs 970 Crores.
- Lenskart.com to invest Rs 60 Crores to set up a new facility.
- Vishal Sikka buys 9,116 shares as part of restricted stock units.
- HDFC life plans IPO to sell 25% stake for Rs 6000 Crores.
- Sanjay Kapoor Chairman of Micromax quits.
- Snapdeal appoints Rajiv Mangla as its Chief Technology Officer.
- Nusli Wadia sells 19 Lakh shares for Rs 12 Crores.
Politics, Entertainment, Sports, Crimes, Economy and World
- The government has unvieled a Rs 70,000 Crores capitalisation plan for state run banks over 4 years.
- A study level shows that more women are becoming graduate with 116% as compared to men which is 65%.
- Supreme Court's Deputy Registrar Anup Surendranath quits over Yakub Memon's hanging.
- CAT aspirants to get 10 minutes extra this year.
- Government has asked Telecom operators and International Service providers to block 857 adult sites.
- Usman Naved alias Kasim is 1st suspected Pak militant to be captured alive in India after kasab in 2008.
- 4,400 dropouts in 3 years at IITs, NITs.
- Janhavi Gadkar gets bail after 58 days in jail.
- Commuters left Rs 5 lakhs cash, 90 Laptops, 45 Cell-Phones, 485 Gram of Gold or ornaments in 1st 7 months of this year.
- Air Passenger ( Domestic) traffic up by 16.3% in June.
- Tiger Memon rang up family on July 30 just one and a half hour before Yakub was to be hanged at 5.35 am.
- Close aid of Dawood Ibrahim died in Karachi named Yakub Khan due to heart attack.
- Maharashtra tops list of states in cyber crimes.
- 19 year old Paridhi Verma with 10% vision is youngest to join IIM- Lucknow.
- Rickshaw puller Mohammed Aabid Qureshi returns Rs 1.17 Lakhs found on road to police.
- BCCI man gets D-Company Rs 100 Crores extortion call as protection money.
- 35000 died due to air pollution in 10 years.
- Airtel rolls out 4G services Pan India.
- Ram Tarneja former MD of Times Group dead.
- Bombay high court has directed to use yellow sodium vapour lights along the marine drive promenade.
- AICTE announced that CMAT will be conducted only once in a year.
- BEST recovered Rs 22 Lakhs from ticketless commuters from April 1 to June 30 around 26,059 ticketless commuters.
- North Korea will set its clock back 30 minutes and create its own time zone 'Pyongyang' behind those of South Korea and Japan.
- Navi Mumbai 3rd on national cleanliness list and Mumbai ranks 147th on the list out of 476.
- National Lok Adalats clear 63,000 cases in a day.
- Lions territory saw four times growth in 10 years in Gujarat.
- Coal India limited to spend Rs 10600 Crores to ramp up production.
- Amitabh Bachchan to be Maharashtra's new tiger conversation ambassador.
- The Rajasthan High Court called ' Santhara' which is practiced in Jain Community as illegal and punishable. ' Santhara' means a person stops drinking water and food and awaits death.
- Minimum daily wages may increase by up 25%.
- Colleges may raise no of seats by 5%.
- Cricketer Rohit Sharma buys flat in worli for Rs 30 Crores.
- In China 2.8 billion tonnes of waste dumped in sea.
- TRAI reports a seven-fold increase in call drops on 2G network.
- RBI has paid a dividend of almost Rs 66,000 crores.
- Maharashtra Government appointed 10 IAS officers for smart cities project.
- 5.7 Lakh people affected due to Assam Floods.
- Government 10% stake sale in IOC may fetch Rs 9500 crores.
- Skymet, the nation's sole private weather forecaster asked social media users to spread monsoon forecast.
- Urban kids now have First brush with sex by 14 years.
- Murders count in India lowest since 1960.
- Lahore HC bans Bollywood film ' Phantom' on JuD chief and 26/11 mastermind Hafiz Saeed.
- Maharashtra CM directs cops to probe Octroi evasion.
- Women in Saudi Arabia are registering to vote for the 1st time in the history.
- Scientists have discovered fossil of a monkey's partial skull dating back more tahn 2 million years ago.
- Centre allocates Rs 4000 crores to upgrade UP railways.
- Bandhan, a first micro-finance institution to turn into Universal Bank.
- Sensex plunges 1,625 points and investors lose Rs 7 Lakh Crores wealth wiped out.
- Fadnavis government gets Rs 370 crores donations in 10 months.
- Muslim share of population up by 0.8% and Hindu population down by 0.7%.
- FDI increases 6.5% to $ 2.05 billion.
- Saina Nehwal back as world no 1 and signs Rs 25 Crores deal.
- 32% BEST buses broke down in June 2015.
- The Nirmal Nagar Police has lodged an FIR against CEO of slum Authority Rehabilitation And CEO of Shivalik ventures for grabbing defence land in Bandra East.
- Iron Man Star Robert Downey is world's top earning actor on Forbes while Amitabh Bachchan is 7th and Salman Khan is 8th.
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