Current Affairs

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Page-102 of Topic: Business

After 25 Years, Kerala Ink MoU with Adani for development of Vizhinjam Port

Kerala government has signed a MoU with Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) for building 7,525 crore rupees Vizhinjam seaport project near Kovalam beach. The MoU was...

August 18, 2015

Former Cabinet secretary Ajit Kumar Seth appointed as the Chairman of PESB

Former Cabinet secretary Ajit Kumar Seth has been appointed as the Chairman of the government’s head-hunter, Public Enterprises Selection Board (PESB) on 14 August 2015. As per the order issued by...

August 17, 2015

HDFC to sell its 9 percent stake in HDFC life to JV partner Standard Life for Rs. 1700 Crore

HDFC has announced to sell its 9 per cent stake in HDFC Life Insurance to its British joint venture partner Standard Life for sum of 1,700 crore rupees....

August 17, 2015

Birla Corp to acquire Lafarge's two Indian units for Rs. 5000 crore

Birla Corporation has signed an agreement with French-based Lafarge Group to acquire its Jojobera unit in Jharhkand and Sonadih in Chattisgarh for sum of Rs. 5000 crore. The...

August 17, 2015

Hero Cycles acquires leading UK-based Avocet Sports

World’s largest bicycle manufacturer Hero Cycles acquired majority stake in UK-based Avocet Sports for an undisclosed amount. It is the first overseas acquisition of Hero Cycle with an aim to...

August 17, 2015

Greenko to sell India’s assets to GIC of Singapore for Rs. 1,600 crore

Hyderabad based renewable energy company Greenko has agreed to sell its India assets to Singapore based sovereign wealth fund company GIC for about 1,600 crore Rupees. Greenko has signed...

August 17, 2015

Housing.com acquires HomeBuy360

Mumbai based Real estate listing portal Housing.com has acquired Bengaluru-based customer relationship management software company HomeBuy360. The software company was acquired in a cash deal of US 2...

August 17, 2015

India imposed Anti-dumping duty on potassium carbonate imports from Taiwan, South Korea

India has imposed definitive anti-dumping duty for period of five years on Potassium Carbonate imports from Taiwan and South Korea. The duty was imposed by Union Finance Ministry...

August 16, 2015

Tata Sons raise stake in AirAsia India from 30% to 41%

Tata Sons has decided to increase its stake in low-cost carrier AirAsia India from 30 per cent to 41 per cent by infusing fresh capital. AirAsia India is a joint...

August 14, 2015

Odisha Cabinet gave nod to new Industrial Policy Resolution (IPR) 2015

Odisha cabinet approved the much awaited Industrial Policy Resolution (IPR) 2015 after several rounds of consultation with different administrative departments and industry associations. The IPR 2015 lays focus...

August 14, 2015

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