Page-5 of Current Affairs - January, 2016

Cognizant acquires KBACE Technologies

United States (US) based software services exporter Cognizant Technology Solutions (CTS) has acquired cloud-based computing firm KBACE Technologies. This acquisition will help Cognizant to strength and expands its digital capabilities from its critical business applications to cloud-based IT infrastructures. The terms and amount of the acquisition deal were not disclosed by the company. This acquisition ..

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31 OECD members signed corporate tax avoidance deal

31 Organisation for Economic Co-operation and Development (OECD) members have signed corporate tax avoidance agreement in a bid to stem fiscal (tax) evasion by multinational companies (MNCs). The new agreement is about sharing information between members rather than a new tax law. Under it, signatory members have to share information on tax issues of MNCs. It ..

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Scientists discover largest known solar system

Astronomers have discovered the largest known solar system in the form of gas giant located one trillion kilometres away. This solar system has large planet known as 2MASS J2126-8140 that takes nearly a million years to orbit its star. Key facts The newly discovered solar system is 140 times wider than Pluto’s path around our ..

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India ranks 76 in 2015 Corruption Perception Index

India has been ranked 76th out of 168 countries in the recently released 2015 Corruption Perception Index (CPI). The 2015 CPI was the 21st edition of the annual index and was published by the Berlin-based corruption watchdog Transparency International (TI). Key facts In this edition, India has scored 38 on a scale from 0 (most ..

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Marvin Minsky, pioneer of artificial intelligence passes away

Marvin Minsky, the pioneer of artificial intelligence passed away on 24 January 2016 in Boston, United States due to cerebral hemorrhage. He was 88. He was an American scientist in the field of artificial intelligence (AI) who had created robotic hands that can manipulate objects. He also had developed new programming frameworks in this field ..

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