Current Affairs

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Page-100 of Topic: Business

NTPC sets a record in single-day power generation

India’s largest power generator National Thermal Power Corporation (NTPC) Limited has achieved a record of highest single-day electricity generation of over 733 million units. The record generation of...

August 28, 2015

India losses solar case against US at WTO

India has lost solar case against United States at the World Trade Organisation (WTO). Dispute Settlement Body (DSB) of WTO has ruled that, India’s requirement of only domestic...

August 28, 2015

Union Government gives nod to 6 new SEZ proposals

Union Government has approved six new proposals 6 Special Economic Zones (SEZs) proposals including four from Information Technology and IT enabled Service (ITeS) sector. This decision was taken...

August 28, 2015

Rajiv Mangla appointed as CTO of Snapdeal

Former Adobe executive Rajiv Mangla has been appointed as Chief Technology Officer (CTO) of eCommerce major Snapdeal. In his new role, Mangla will help to establish Snapdeal’s technical...

August 27, 2015

CCEA gives nod to Differential Royalty Payment to states on crude oil production

The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal for payment of differential royalty in respect of 28 discovered fields to the respective State Governments concerned....

August 27, 2015

Bandhan, first micro finance company to start operation as a commercial bank

Bandhan Bank has become the first micro-finance company in India to start operation as full-fledged scheduled commercial bank. The bank was inaugurated by Union Finance Minister Arun Jaitley...

August 24, 2015

R Gandhi committee of RBI recommends conversion of UCBs into regular banks

A Reserve Bank of India (RBI) committee has recommended conversion of Urban Cooperative Banks (UCBs) with business size of 20,000 crore rupees or more into regular banks. This...

August 22, 2015

A P Shah Committee recommends MAT relief to FIIs

Union Finance Ministry appointed committee chaired by retired SC judge A P Shah has recommended that Minimum Alternate Tax (MAT) should not be imposed on FIIs retrospectively for...

August 22, 2015

Union Government to sell 10 per cent stake in IOC

Union government has announced to sell 10 per cent stake in state owned Indian Oil Corporation (IOC). This disinvestment drive on the stock market through an offer for...

August 21, 2015

SEBI bars 59 entities from trading for manipulating markets and evading taxes

The Securities and Exchange Board of India (SEBI) has barred 59 entities from trading in Bombay Stock Exchange due to alleged manipulation of the stock exchange route for...

August 21, 2015

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