CURRENT AFFAIRS FOR 7TH OCTOBER 2015

CORPORATE AFFAIRS, TECHNOLOGY AND E-COMMERCE.

1. GROFERS, a quick delivery service for groceries and electronics from neighbourhood stores, is in talks with investors including Japan's SoftBank for Funding of Rs 650 Crores.
2. Infosys Co-founder Kris Gopalkrishnan, an active investor in startups, has joined IDG ventures India as adviser.
3. UrbanClap in talks to raise $30 Million (Rs 200 Crores) in its latest round of funding.
4. The holding company of GMR Infrasructure, GMR Airports Ltd plans to raise Rs 2500 Crores valuing the business at Rs 9500-10,000 Crores.
5. Bharti Airtel has held initial talks to buy Aircel's 4G airwaves in the 2300 Mhz band as the country's leading teleco looks to expand its high speed broadband footprint and close the gap with Reliance Jio Infocomm, which holds Pan-India airwaves.
6. Sachidananda Joshi is one of the frontrunners for the post of director general of Indian Institute of Mass Communication.
7. Schoolguru, which helps Indian Universities gain an online presence has raised Rs 20 Crores in the first round from Angel investors.
8. Naturally Yours, one of the first online organic brands in India has raised an undisclosed amount from angel investor Sanjay Mehta.
9. Android 6.0 alka Marshmallow and all its goodies have finally started rolling out. The Nexus 5, 6, 7, 9 and Nexus player have begun receiving the OTA update.
10. HTC's July-September quarter revenue was $ 654.8 million.
11. Arvind is aiming to make its premium fabric brand Tresca a Rs 250 Crores business by 2020 and also plans to have 10,000 Tresca outlets.
12. Geometry Global and Encompass joins hands to launch Largest Below the line (BTL) network in India.
13. New I-Phones to face customs check at Mumbai Airport.
14. New Delhi based Bakers Circle, a frozen bakery and confectionary producer and supplier , has opened a new plant in Dubai. It has invested Rs 32.6 Crores or $ 5 million to set up this facility in Dubai.
15. Uflex to invest Rs 580 Crores in setting up their new facility at Sanand.
16. Former CITI group Chief Executive Vikram Pandit has taken a stake in london based currency transfer startup Transferwise.
17. New Volkswagen Chief Executive Matthias Mueller has warned the staff for massive cutbacks over diesel emission scam.
18.  Mercedes looks to toople Audi from No.1 spot in 2015.
19. HDFC has raised Rs 5000 crores from low cost non-convertible debentures and further amount of about Rs 5400 Crores from Warrants.
20. SBI and German development KfW concluded a 15-year , Rs 1,956 Crores loan facility to support rural and micro-enterprise lending in India.
21. Panache lauches Air-Pc with Windows 10 in India at a starting price of Rs9,999.

POLITICS, ECONOMY, ENTERTAINMENT, SPORTS AND WORLD NEWS

1. The All India Survey of Higher Education shows that poll- bound Bihar has the lowest College density in the country.
2. Greenpeace India can't receive any foreign funds without prior government approval.
3. Noted writer Nayantra Sahgal has returned the Sahitya Akademi Award bestowed on her in 1986 due to the rising intolerance in the country.
4. Delhi MLA's may get Three fold hike in salary from current Rs 88000 to Rs2.10 Lakh per month.
5. West Bengal State Election Commisssioner Sushmata Rajan Upadhaya resigns.
6. Indian Forest Officer Sanjiv Chaturvedi the whistle blower who was removed from the post of Chief Vigilance Officer at All India Institute Of Medical Sciences has moved Central Administrative Tribunal seeking perjury proceedings against director of the Institute.
7. Services activity moderated in September because of weaker demand pointing to broad based slow down in economic activity after a parallel survey showed decline in manufacturing as well.
8.   Mumbai University has seen an over 180% jump in revenue from Rs 2 Crores to Rs 5.6 Crores.
9. BEST commuters grew by 2 lakhs from June to September. The total commuters of BEST in September was 30 Lakh plus.
10. Indian Institute of Technology ( IIT ) council decides to waive fees for physically challenged students.
11. Food Regulator to pursue Maggi ban case in Apex court.
12. Honkong tourists spend most on Indian Hotels.
13. 4 offices working under the co-operatives department have received ISO 9001:2008 certification.
14. PM Narendra Modi will visit Jawaharlal Nehru Port Trust to lay foundation stone for the dock's fourth terminal.
15. Two held for gangrape of BPO employee in Bengaluru.
16. President of India Pranab Mukherjee to go on 6 day visit to Israel, Palestine and Jordan.
17. A recent survey commissioned by the office of Bihars Chief Electoral Officer (CEO) reveals that almost 80% people feels money for vote is OK.
18. Chernobyl, the world's largest nuclear accident site after 29 years is now a wildlife hotspot.
19. UV light enabled catheter to fix holes in heart without operation.
20. Yemen's PM Khaled Bahah escaped unharmed in a rocket attack on hotel. 
21. Flat 25% Corporate tax in upcoming 4 years.
22. Adidas has emerged the top sports good maker and one of the largest international brands in the country by revenue in India.
23. India set to grow at 7.5% beat China in 2016
24. Scientists Takaaki Kajita of Japan and Arthur Mcdonald of Canada has won Nobel Prize in Physics for Neutrino work.
25. ICICI Bank offers new home loans at 9.6% and 9.65%.
26. Microsoft unveils its first laptop, a line of lumia smartphones, a new surface pro-tablet and an updated version of its wearable fitness tracker, Microsoft Band, all running on Windown 10.    
27. Navjot Singh Sidhu former Cricketer admitted to Indraprastha Apollo hospital in delhi due to life threatening condition.
28. Hardly 10 days after his wedding a NRI businessmen from Kerela sends a talaq message on WhatsApp to his 21 year old wife.
29. Music composer Ravindra Jain was reportedly airlifted to mumbai's Lilavati Hospital from Nagpur's Wockhardt hospital after his condition worsened.
30. Maharashtra based Shridhar Chilall has the longest nails in the world and will feature in Guiness Books of World Records 2016.
31. Manjhi claims he is the most popular NDA campaigner in Bihar.
32. BJP MP Yogi Adityanath's outfit offers guns to Hindu in Dadri.
33. Salman Khan's Bajrangi Bhaijaan surpasses Rs 300 Crores mark in India.