CORPORATE AFFAIRS, E-COMMERCE, TECHNOLOGY & CARS
1. Tata Sons have been allowed by Delhi High Court to pay $ 1.8 billion arbitration award to NTT Docomo upon termination of their telecom joint venture
2. Coca-Cola has made changes in the top management in which T Krishnakumar has been appointed as the Coca-Cola India President. Chrisina Ruggiero will become Chief Executive Officer of Hindustan Coca Cola Beverages.
3. PayTM Ecommerce has appointed SAIF's Partners Ravi Adusumalli and four employees from investor Alibaba to its board.
4. CEAT Tyres reported a decline of 32% in profits at Rs 66.3 Crores for the quarter ending March 2017.
5.Lupin has received approval from US health regulator to sell its Olmestan Medoxomil tablets in American Market.
6. Google India is taking a version of its launch pad Accelerator programme to Tier II towns in India through the Solve for India Programme.
7. Hyundai opened its global quality centre in India with an aim for its operations here to play a bigger role in new development for domestic and international markets.
8. Lakshmi Vilas Bank has reported a 42% jump in its net profit for the financial year 2016-17.
9. Textbook Publisher S Chand and company's initial public offering ended with the issue receiving bids for 60 times the amount of shares on offer. The Rs 728.5 crores IPO, priced at Rs 660-670 got bids for Rs 45.66 Crores shares against the issue size of Rs 76.85 lakhs shares.
10. Federal Bank has reported a 25 times increase in quarterly profit on the back of strong growth in interest income.
11. Kotak Mahindra Bank has agreed to buy out entire 26% stake held by old mutual plc for Rs 1,292.7 Crores. The deal then values the company at Rs 4,672 Crores.
12. The world's biggest container shipping company Maerk Line will pay $ 4.02 billion for the aquisition of smaller german rival Hamburg Sud.
13. The Swiss Watchmaker Breitling is closely being soled to CVC Capital Partners.
14. Germany's Siemens has moved into journey planning with the purchase of privately owned Hannover based firm HaCon to complement its transportation business.
15. Samsung Electronics displaced Apple in India in Premium smart phone segment in the January March Quarter and maintained its leadership in country's handset.
ECONOMY, POLITICS, ENTERTAINMENT, CRIMES, SPORTS & NEWS AROUND THE WORLD
1. Chief Economic Advisor Arvind Subramaniam said that the 29 states have option to levy tax on agriculture income, but clear distinction should be made between poor and rich farmers.
2. BJP National President Amit Shah Deputes 600 full timers for Lok Sabha Polls.
3. Bengal BJP To field 10% muslim candidates in the upcoming muncipality elections.
4. India's foreign exchange reserves grew $ 1.2 billion to $ 371 billion as foreign investors pumped more than $ 400 million in Indian stocks and bonds.
5. SEBI has said that the initial public offering of National Stock Exchange will take a few months as co-location issues need to be resolved.
6. The US economy grew at its weakest pace in three years in the 1st Quarter as consumer spending barely increased and businesses invested less on inventories.
7. Cricketer Gautam Gambhir has announced that he will support the education of the children of the 25 CRP men recently killed in a maoist attack in Chhattisgarh's Sukma District.
8. Reserve Bank of India has announced that banks cannot refuse to accept those notes which have been scribbled or their colour has been faded.
9. The Supreme Court will examine whether betting and gambling can be legalised in sports.
10. BCCI has called a Special General Meeting on May 7.
11. IIT's will soon have quota's for female students to give more admission to female students.
12. Aspiring Actor and Model Preeti Jain has been convicted of conspiring to kill award winning filmaker Madhur Bhandarkar and has been sentenced to jail.
13. Calcutta High Court Judge C S Karnan has ordered the Air Control Authority to not to alllow seven judges and Chief Justice of India to travel abroad until the disposal of cases of caste discrimination against them.
14. MMRDA has tied up with Dubai, Qatar for International Financial Centre.
15. State Government opposes Mumbai University ambitious project of assessing 100% answer sheets online for the ongoing exam. Instead the government has asked assessing 20% papers online on experimental basis and going offline for remaining ones.
16. Malwani Police has arrested three youths for pedding drugs worth Rs 2.76 lakhs and recovered 1000 sachets of heroin.
17. The Kaali Peeli Taxi Unions have announced that they will sonn launch their app service Aamchi Drive.
18.Economic Offenses Wing arrested a Borivali Resident Nitin Manjrekar in a Rs 15 Crore investment fraud wherein nearly 20000 people lost their money.
19. RJD admits that Ex- Union Ministers gave properties to Party Chief Lalu Prasad Yadav to seek favours.
20. ED has booked 12 members of TMC in connection with Narada Bribery Scandal.
21. Urban Poor seeking Central Aid for building toilets under swachh Bharat Mission will need to provide proof of having Aadhar Card or will undergo Aadhar Authenthication.
22. Nobel Laureate Roger Kornberg will Help Indian Research Institutes develop Dengue and TB Drugs.
23. IN Vivo IPL 2017 Sunrisers Hyderabad won by 26 runs against Kings XI Punjab.
1. Tata Sons have been allowed by Delhi High Court to pay $ 1.8 billion arbitration award to NTT Docomo upon termination of their telecom joint venture
2. Coca-Cola has made changes in the top management in which T Krishnakumar has been appointed as the Coca-Cola India President. Chrisina Ruggiero will become Chief Executive Officer of Hindustan Coca Cola Beverages.
3. PayTM Ecommerce has appointed SAIF's Partners Ravi Adusumalli and four employees from investor Alibaba to its board.
4. CEAT Tyres reported a decline of 32% in profits at Rs 66.3 Crores for the quarter ending March 2017.
5.Lupin has received approval from US health regulator to sell its Olmestan Medoxomil tablets in American Market.
6. Google India is taking a version of its launch pad Accelerator programme to Tier II towns in India through the Solve for India Programme.
7. Hyundai opened its global quality centre in India with an aim for its operations here to play a bigger role in new development for domestic and international markets.
8. Lakshmi Vilas Bank has reported a 42% jump in its net profit for the financial year 2016-17.
9. Textbook Publisher S Chand and company's initial public offering ended with the issue receiving bids for 60 times the amount of shares on offer. The Rs 728.5 crores IPO, priced at Rs 660-670 got bids for Rs 45.66 Crores shares against the issue size of Rs 76.85 lakhs shares.
10. Federal Bank has reported a 25 times increase in quarterly profit on the back of strong growth in interest income.
11. Kotak Mahindra Bank has agreed to buy out entire 26% stake held by old mutual plc for Rs 1,292.7 Crores. The deal then values the company at Rs 4,672 Crores.
12. The world's biggest container shipping company Maerk Line will pay $ 4.02 billion for the aquisition of smaller german rival Hamburg Sud.
13. The Swiss Watchmaker Breitling is closely being soled to CVC Capital Partners.
14. Germany's Siemens has moved into journey planning with the purchase of privately owned Hannover based firm HaCon to complement its transportation business.
15. Samsung Electronics displaced Apple in India in Premium smart phone segment in the January March Quarter and maintained its leadership in country's handset.
ECONOMY, POLITICS, ENTERTAINMENT, CRIMES, SPORTS & NEWS AROUND THE WORLD
1. Chief Economic Advisor Arvind Subramaniam said that the 29 states have option to levy tax on agriculture income, but clear distinction should be made between poor and rich farmers.
2. BJP National President Amit Shah Deputes 600 full timers for Lok Sabha Polls.
3. Bengal BJP To field 10% muslim candidates in the upcoming muncipality elections.
4. India's foreign exchange reserves grew $ 1.2 billion to $ 371 billion as foreign investors pumped more than $ 400 million in Indian stocks and bonds.
5. SEBI has said that the initial public offering of National Stock Exchange will take a few months as co-location issues need to be resolved.
6. The US economy grew at its weakest pace in three years in the 1st Quarter as consumer spending barely increased and businesses invested less on inventories.
7. Cricketer Gautam Gambhir has announced that he will support the education of the children of the 25 CRP men recently killed in a maoist attack in Chhattisgarh's Sukma District.
8. Reserve Bank of India has announced that banks cannot refuse to accept those notes which have been scribbled or their colour has been faded.
9. The Supreme Court will examine whether betting and gambling can be legalised in sports.
10. BCCI has called a Special General Meeting on May 7.
11. IIT's will soon have quota's for female students to give more admission to female students.
12. Aspiring Actor and Model Preeti Jain has been convicted of conspiring to kill award winning filmaker Madhur Bhandarkar and has been sentenced to jail.
13. Calcutta High Court Judge C S Karnan has ordered the Air Control Authority to not to alllow seven judges and Chief Justice of India to travel abroad until the disposal of cases of caste discrimination against them.
14. MMRDA has tied up with Dubai, Qatar for International Financial Centre.
15. State Government opposes Mumbai University ambitious project of assessing 100% answer sheets online for the ongoing exam. Instead the government has asked assessing 20% papers online on experimental basis and going offline for remaining ones.
16. Malwani Police has arrested three youths for pedding drugs worth Rs 2.76 lakhs and recovered 1000 sachets of heroin.
17. The Kaali Peeli Taxi Unions have announced that they will sonn launch their app service Aamchi Drive.
18.Economic Offenses Wing arrested a Borivali Resident Nitin Manjrekar in a Rs 15 Crore investment fraud wherein nearly 20000 people lost their money.
19. RJD admits that Ex- Union Ministers gave properties to Party Chief Lalu Prasad Yadav to seek favours.
20. ED has booked 12 members of TMC in connection with Narada Bribery Scandal.
21. Urban Poor seeking Central Aid for building toilets under swachh Bharat Mission will need to provide proof of having Aadhar Card or will undergo Aadhar Authenthication.
22. Nobel Laureate Roger Kornberg will Help Indian Research Institutes develop Dengue and TB Drugs.
23. IN Vivo IPL 2017 Sunrisers Hyderabad won by 26 runs against Kings XI Punjab.
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