CURRENT AFFAIRS FOR 29TH OCTOBER 2015

CORPORATE AFFAIRS, E-COMMERCE, TECHNOLOGY AND CARS

1. Reliance Jio may have delayed launch of its fourth generation mobile internet services to the next financial year. Having invested Rs 100,000 Crore in the venture and plans to put a similar amount in the upcoming days and has set a target of 100 million subscribers.
2. Interglobe aviation's Rs 3,100 Crores IPO offering was fully subscribed. The IPO has fully received 32.6 million bids, 1.36 times of the 30 million shares on offer.
3. Jet airways reported a net profit of Rs 83 Crores in the September Quarter.
4. Maruti Suzuki is set to start an experiment for a new sales network to sell light commercial vehicles due to launch early nexy year. The network of LCV's will be smaller, no-frills set up, without air-conditioning.
5. Competition Commission of India have dismissed a complaint on Jaypee Group.
6. Videocon has tied up with Microsoft to launch Windows based Smart Television Sets.
7. Hindustan Coca-Cola, the bottling arm, gets Marketing and Distribution rights of products under Georgia brand.
8. Flipkart would showcase phones at various Spice Hotspot Stores across India.
9. Hero Moto Corp launches its new Duet Scooter priced at Rs 48,400.
10. HT Media profit down by 8.7% for the quarter ended September 2015. The profit touched Rs 48 Crores from Rs 52 Crores.
11. JSW Energy profit up by 54%. The consolidated net profit for the quarter was Rs 491.9 Crores.
12. TVS Shriram Growth Fund acquires 4% equity stake in Indian Energy Exchange for Rs 81 Crores.
13. JK Tyre net profit for september up by 88%. The net profit rose to Rs 110 Crores from Rs 58 Crores.
14. Telenor India's operating loss widens to Rs 286 Crores in the September 2015 Quarter.
15. Ambuja Cement's Profit down by 35% from weak cement demand.
16. Jes Staley appointed as CEO of Barclays.
17. Drug Store chain Walgreens Boots alliance Inc would acquire smaller peer Rite Aid Corp for $ 9.4 billion.
18. Oriental Bank of Commerce plans to raise capital worth Rs 1000 Crores through Basel III Compliant Tier II bonds.
19. Axis Banks plans to Raise Rs 3000 Crores by way of Infrastructure Bonds.
20. Syndicate Bank profit up by 5.3% to Rs 332 Crores in September quarter.
21. Telecom major NTT Communications might invest Rs 2000 Crores to double its data centre business in India.
22. HDFC Bank has been ranked as 27th safest bank in the world.
23. Reliance Jio to raise Rs 3000 Crores by issuing debentures.
24. 320 million active users on Twitter compared to last year.
25. Torrent Power Reports Rs 246.2 Crores Net Profit in the September Quarter.
26. Exide Industries posted 24% rise in net profit at Rs 156 Crores for the second quarter September 30.
27. The Rs 500 Crore IPO of SH Kelkar was subscribed 0.4 times on 1st day.
28. Go Airlines plans to raise $ 150 million from IPO.
29. Volkswagen sees 1st quarterly loss in 15 years.
30. Times Group launches India's First realty channel MagicBricks Now.

       

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

1. Vidya Devi Bhandari appointed as First woman Pesident of Nepal.
2. Bank Credit grows 9.5% to Rs 68 lakh Crores.
3. Government approves 16 FDI proposals worth Rs 4,722 Crores.
4. Najib Shah was appointed as the chairman of CBEC.
5. Dibakar Banerjee and 9 other filmmakers have returned their national awards in support of FTII students and against killing of writers.
6. The Supreme Court has refused to put a ban on bursting firecrackers .
7. Oscar Winning actor Gwyneth Paltrow was feted with the Style Icon Award this year.
8. Facebook founder and CEO backs net neutrality and Free basics.
9. The transport department plans to increase the cost of new permits from Rs 200 to Rs 20,000.
10. FTII students call off 139 day strike.