CURRENT AFFAIRS FOR 31ST OCTOBER 2015

CORPORATE AFFAIRS, TECHNOLOGY, CARS AND E-COMMERCE

1. The board of Century Textiles has appointed Kumar Mangalam Birla as the Vice-Chairman of Century Textiles.
2. The Prem Watsa founded Fairfax Financial Holdings will increase its stake in ICICI Lombard General Insurance by 9% for Rs 1,550 Crores.
3. Tata SIA joint venture appointed Sanjiv Kapoor as its Chief Strategy and Commercial Officer.
4. Maruti Suzuki, the country's largest car maker has once again topped the after sales customer service satisfaction rankings conducted by International Research firm JD Power.
5. Entertainment Network Viacom 18 has appointed Ferad Palia as the head of Youth Brand MTV and Pepsi MTV Indies.
6. Tata Teleservices Maharashtra has posted net loss of Rs 156 Crores during July September Period.
7. Renault India's new new entry level hatchback kwid has managed to get 50,000 bookings within five weeks of its launch.
8. Titan Company profit declined 25% to Rs 145 Crores.
9. Shoppers Stop posted a 24% drop in its net profit for the September quarter. The company posted a net profit of Rs 13 Crores.
10. Larsen & Toubro net profit increased to Rs 996 Crores for the September Quarter.
11. Suzlon Energy Ltd reported a consolidated loss of Rs 181 Crore for September Quarter.
12. Investor Rakesh Jhunjhunwala picked up 1.05% stake in Jet Airways for Rs 50.5 Crores through an open market transaction.
13. Private Sector lender Kotak Mahindra Bank reported a 31% growth in consolidated net profit for the July-September 2015 Quarter to Rs 942 Crores.
14. ICICI bank posted a 12% rise in net profit to Rs 3,030 Crores.
15. Karnataka Bank reported a 15.59% jump in second quarter profits at Rs 102.25 Crores.
16. Fiat Chrysler is recalling 900,000 vehicles around the world to fix issues relating to airbag department and anti-lock braking system.
17. SH Kelkar's IPO has been subcribed 27 times compared to 20.2 million shares on offer. The Rs 500 Crore IPO saw 546 million bids worth Rs 9,800 Crores.
18. WS Retail, the largest seller on India's biggest online marketplace Flipkart, nearly tripled its turnover to Rs 10,163 Crores in FY 15.
19. Facebook has parted BSNL to create 100 Wi-Fi hotspots in rural India to drive digital penetration in India.
20. Flipkart plans to invest to Rs 26,000 Crores in Logistics Push.
21. Ajanta Pharma reported a 20.4% rise in consolidated net profit to Rs 100 Crores for the second quarter ended September 30,2015.
22. Jabong has appointed MD Sanjeev Mohanty as its CEO.
23. Jungoo has received fresh funding of $10 million from PayTM.

   

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

1. Centre's Fiscal Deficit in the first half of the curent financial year stood at Rs 3.78 Lakh Crore or 68.1 % of the Budget estimate for the year.
2. The RBI's Foreign Exchange Reserves fell $1.98 billion to $351.55 billion.
3. IPL 8 contributed Rs 1,150 Crores to India's GDP.
4. Air Travel between big cities and metro to cost more as government is planning to levy 2% cess.
5. UN Report has said that the global temperature may rise by2.7' Celsius.
6. The maximum speed has been incraesed at Bandra -Worli Sea link is 80 Kmph and on Marine Lines to 60Kmph.
7. To avert bus strike, BEST gives workers Rs 5000 bonus.
8. Only 17.5% pass in CBSE's Central Teacher Eligibility Test out of the 6.5 lakh candidates.
9. Filmmaker and Veteran Naresh Saxena announced that he will return the 1991 national award he received for his shortfilm 'Sambandh'.