Page-8 of Current Affairs - May, 2013

Another India drug maker 'Wockhardt' banned in U.S.

The U.S. Food and Drug Administration has imposed an import ban on Indian drug manufacturer Wockhardt Ltd. after one of the company’s plants at Aurangabad in Maharashtra failed an FDA safety inspection. The import ban only applies to drugs manufactured at company’s factories in Aurangabad. As per FDA the plant didn’t meet good manufacturing practices. The ..

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Google offers cash by email service

Web search giant Google has introduced a new feature on company’s Gmail service which will enable its users to send cash. The service has currently been launched in the US. How does it work? The facility works in conjunction with Google’s online payment service, Google Wallet. Those who have Google Wallet account and wish to ..

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SEBI to double charges for Algorithmic (Algo) trading

Market regulator SEBI has announced that it will double the charges for orders based on Algorithms (algo) in stock exchanges from May 27, 2013. What is Algo Trade? Algorithmic (Algo) trading refers to orders generated by use of advanced mathematical models that involve automated execution of trade. It is mostly used by large institutional investors ..

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Shashi Kant Sharma sworn-in new CAG

The President of India has appointed Shashi Kant Sharma, IAS, as Comptroller & Auditor General of India, in terms of Article 148 (1) of the Constitution of India. Sharma (61) is a 1976 batch Indian Administrative Service (IAS) officer of the Bihar cadre and was before serving as secretary in the Ministry of Defence. Sharma succeeds ..

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Delhi – Most preferred tourist destination of India

As per latest Hotel Price Index released by Hotels.com, Delhi topped the rankings as the most preferred tourist destination for overseas travellers to India. Top 10 Indian destinations for foreign tourists: Delhi Mumbai Goa Bengaluru Chennai Jaipur Agra Hyderabad Cochin Thiruvananthapuram Most preferred destinations in the world for Indians: Indians prefer South-East Asian spots while ..

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