CORPORATE AFFAIRS, E-COMMERCE, TECHNOLOGY AND CARS
1. The government in a statement has said that it will reduce its stake in IDBI Bank by 50% which will bring down its total stake in the Bank to 52%. The bank has shareholder approval to raise Rs 8000 Crores.
2. India's largest spectrum auctions closed with the government getting Rs 65,789.12 Crores out of which Vodafone India and Bharti Airtel emerging as the biggest buyers of 4G Airwaves, followed by new comer Reliance Jio Infocomm and Idea Cellular.
3. All seven mobile operators in the fray record over 2300 Mhz of airwaves. However there were no takers for 700 MHz band in the spectrum.
4. India retains 3rd Spot in Unctad's investment destination list behind the US and China.
5. Baba Ramdev's plans to venture into clothing and make khadi apparel has evoked a positive response from textile firms with some approaching patanjali with their product reports.
6. Brookfiled Asset Management has conclued a pact to acquire Hiranandani Group's offices and retail space in Mumbai Powai for around $ 1 billion in India's largest office space deal.
7. NTT Docomo said it will continue to pursue operations in multiple jurisdictions to enforce the $ 1-2 billion arbitral award it won against the Tata's while keeping a close watch on RBI's stance.
8. ONGC has signed a preliminary pact to acquire a stake and operate the KG Basin block of GSPC which had announced a major natural gas discovery and spent $ 3 billion to develop it but hasen't been able to start commercial production.
9. Pepsi and Coca Cola Co said that their soft drinks are safe reacting to government body report.
10. US restaurant chain Yum Brands said that two of its brands KFC and Pizza Hut recorded an increase in sales for the third quarter ended September.
11. Mahindra & Mahindra and Ssangyong Motor are finally set to showcase Synergy that they have been talking about ever since the Indian Automaker's 2011 acquisition of the South Korean SUV Specialist.
12. 3.2 million is the total km logged by Google's Self driving vehicles says research company.
13. Clay Bavor Google's head of AR and VR has said that Google's Project Tango Phone, the lenovo Phab 2 pro will hit the stores this November.
14. Venture Debt firm Ino Ven Capital has sharply increased the pace of its lending to Indian Startup ecosystem, disbursing about Rs 133 Crores across 15 transactions.
15. Argentina Headquartered IT services firm Globant Technologies has set up its first development center in India in Pune.
16. Home grown Private equity fund Everstone Capital has partnered Sunrise BPO to purchase US based CRM solutions provider C3 for about $ 150 million making it Everstone's first acquisition in US.
17. Grasim Industries to issue 15 shares for every 10 shares of Aditya Birla Nuvo Limited as a part of proposed merger scheme.
18. Japanese Auto maker Nissan has firmed up plans to launch new vehicles in India over next 5 years to boost sales and gain market share.
19. Intex Technologies became the latest company to launch its own e-commerce marketplace called Wishnbuy.com. It has also launched a mobile wallet.
20. UPL Corp the wholly owned subsidiary of UPL formerly known as United Phosphorous has raised $ 500 million by selling dollar denominated bonds to overseas investors.
21. British Energy firm BP Plc has received a license from the government to set up 3,500 petrol pumps in India.
22. Ola Cabs have launched its Auto service in Thane with 250 auto drivers enrolled.
POLITICS, ECONOMY, ENTERTAINMENT, SPORTS & NEWS AROUND THE WORLD
1. The National Investigation Agency has picked up 67 items of evidence from Uri Attack site for specific forensic analysis to establish Pakistan's direct connect with the incident.
2. Defence Minister Manohar Parrikar has said in a statement that the surgical strike by the army was 100% perfect and that there is no need to release the proof to those raising the questions against the operations.
3. Nawaz Sharif the PM of Pakistan has told the the country's powerful ISI to act against the terrorists and their activities taking place.
4. Shivpal Yadav announces merger of Quami Ekta Dal with Samajwadi Party.
5. In the second year of the smart cities mission , the Ministry of Urban Development is seeking a Rs 6,400 Crores push to one of Prime Minister Narendra Modi's pet initiatives.
6. The security of Jammu and Kashmir Education Minister Naeem Akhtar has been beefed up following terror threat by Lakshar-e-Toiba.
7. American Quick Service sandwich chain Subway has opened an outlet at Rashtrapati Bhavan making its first fast food restaurant to open at Presidents residence.
8. Maharashtra BJP has passed a resolution at its state executive meeting giving marathas 16% quota in jobs and education.
9. The Finance Ministry has proposed February 1 as the new date for presenting next years union budget.
10. Accusing LIC of deficiency service the state consumer panel has ordered it to pay Rs 78 lakh to a widow of a man who died in mishap in 2010.
11. IMD forecasts more rain says monsoon may withdraw from Maharashtra from state after a week.
12. The Draft Development Plan 2034 released this May have received around 84,000 suggestions and objections and not 13,000 revealed by an RTI query.
13. A 6000 square metre bird park or aviary complex is likely to be set up in Navi Mumbai soon.
14. Mumbai's first Satellite Pratham developed and designed by students of IIT Bombay can now easily be tracked down by anyone in public having computer.
15. Sharad Pawar in a statement said that UPA government also had done surgical strikes but it never made it public.
16. Pune to get new International Airport at Purandar.
17. Maharashtra excise official gets 5 year jail for Rs 5 Lakhs bribe.
18. Uddhav Thackeray may hold talks with RSS rebels for Goa Elections.
19. Paris climate pact to come into force on november 4.
20. Isro's Gsat-18 lifts from French Guiana.
1. The government in a statement has said that it will reduce its stake in IDBI Bank by 50% which will bring down its total stake in the Bank to 52%. The bank has shareholder approval to raise Rs 8000 Crores.
2. India's largest spectrum auctions closed with the government getting Rs 65,789.12 Crores out of which Vodafone India and Bharti Airtel emerging as the biggest buyers of 4G Airwaves, followed by new comer Reliance Jio Infocomm and Idea Cellular.
3. All seven mobile operators in the fray record over 2300 Mhz of airwaves. However there were no takers for 700 MHz band in the spectrum.
4. India retains 3rd Spot in Unctad's investment destination list behind the US and China.
5. Baba Ramdev's plans to venture into clothing and make khadi apparel has evoked a positive response from textile firms with some approaching patanjali with their product reports.
6. Brookfiled Asset Management has conclued a pact to acquire Hiranandani Group's offices and retail space in Mumbai Powai for around $ 1 billion in India's largest office space deal.
7. NTT Docomo said it will continue to pursue operations in multiple jurisdictions to enforce the $ 1-2 billion arbitral award it won against the Tata's while keeping a close watch on RBI's stance.
8. ONGC has signed a preliminary pact to acquire a stake and operate the KG Basin block of GSPC which had announced a major natural gas discovery and spent $ 3 billion to develop it but hasen't been able to start commercial production.
9. Pepsi and Coca Cola Co said that their soft drinks are safe reacting to government body report.
10. US restaurant chain Yum Brands said that two of its brands KFC and Pizza Hut recorded an increase in sales for the third quarter ended September.
11. Mahindra & Mahindra and Ssangyong Motor are finally set to showcase Synergy that they have been talking about ever since the Indian Automaker's 2011 acquisition of the South Korean SUV Specialist.
12. 3.2 million is the total km logged by Google's Self driving vehicles says research company.
13. Clay Bavor Google's head of AR and VR has said that Google's Project Tango Phone, the lenovo Phab 2 pro will hit the stores this November.
14. Venture Debt firm Ino Ven Capital has sharply increased the pace of its lending to Indian Startup ecosystem, disbursing about Rs 133 Crores across 15 transactions.
15. Argentina Headquartered IT services firm Globant Technologies has set up its first development center in India in Pune.
16. Home grown Private equity fund Everstone Capital has partnered Sunrise BPO to purchase US based CRM solutions provider C3 for about $ 150 million making it Everstone's first acquisition in US.
17. Grasim Industries to issue 15 shares for every 10 shares of Aditya Birla Nuvo Limited as a part of proposed merger scheme.
18. Japanese Auto maker Nissan has firmed up plans to launch new vehicles in India over next 5 years to boost sales and gain market share.
19. Intex Technologies became the latest company to launch its own e-commerce marketplace called Wishnbuy.com. It has also launched a mobile wallet.
20. UPL Corp the wholly owned subsidiary of UPL formerly known as United Phosphorous has raised $ 500 million by selling dollar denominated bonds to overseas investors.
21. British Energy firm BP Plc has received a license from the government to set up 3,500 petrol pumps in India.
22. Ola Cabs have launched its Auto service in Thane with 250 auto drivers enrolled.
POLITICS, ECONOMY, ENTERTAINMENT, SPORTS & NEWS AROUND THE WORLD
1. The National Investigation Agency has picked up 67 items of evidence from Uri Attack site for specific forensic analysis to establish Pakistan's direct connect with the incident.
2. Defence Minister Manohar Parrikar has said in a statement that the surgical strike by the army was 100% perfect and that there is no need to release the proof to those raising the questions against the operations.
3. Nawaz Sharif the PM of Pakistan has told the the country's powerful ISI to act against the terrorists and their activities taking place.
4. Shivpal Yadav announces merger of Quami Ekta Dal with Samajwadi Party.
5. In the second year of the smart cities mission , the Ministry of Urban Development is seeking a Rs 6,400 Crores push to one of Prime Minister Narendra Modi's pet initiatives.
6. The security of Jammu and Kashmir Education Minister Naeem Akhtar has been beefed up following terror threat by Lakshar-e-Toiba.
7. American Quick Service sandwich chain Subway has opened an outlet at Rashtrapati Bhavan making its first fast food restaurant to open at Presidents residence.
8. Maharashtra BJP has passed a resolution at its state executive meeting giving marathas 16% quota in jobs and education.
9. The Finance Ministry has proposed February 1 as the new date for presenting next years union budget.
10. Accusing LIC of deficiency service the state consumer panel has ordered it to pay Rs 78 lakh to a widow of a man who died in mishap in 2010.
11. IMD forecasts more rain says monsoon may withdraw from Maharashtra from state after a week.
12. The Draft Development Plan 2034 released this May have received around 84,000 suggestions and objections and not 13,000 revealed by an RTI query.
13. A 6000 square metre bird park or aviary complex is likely to be set up in Navi Mumbai soon.
14. Mumbai's first Satellite Pratham developed and designed by students of IIT Bombay can now easily be tracked down by anyone in public having computer.
15. Sharad Pawar in a statement said that UPA government also had done surgical strikes but it never made it public.
16. Pune to get new International Airport at Purandar.
17. Maharashtra excise official gets 5 year jail for Rs 5 Lakhs bribe.
18. Uddhav Thackeray may hold talks with RSS rebels for Goa Elections.
19. Paris climate pact to come into force on november 4.
20. Isro's Gsat-18 lifts from French Guiana.
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