Current Affairs

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Page-107 of Topic: Business

US government extended the generalised system of preferences (GSP) for Indian exporters

India’s 3,500 products got duty free entry as US government extended the generalised system of preferences (GSP) for Indian exporters on 4 August 2015. This move by US government will benefit Indian exporters...

August 5, 2015

Reliance MediaWorks completes sale of multiplex business to Carnival Group

Anil Ambani-led Reliance MediaWorks Ltd completed the sale of its multiplex business to Kochi based Carnival Cinemas that fetched approximately 700 crore rupees. Reliance MediaWorks operates under the...

August 4, 2015

Roland Folger new Mercedes-Benz India head

Roland S Folger has been appointed as new Managing Director and Chief Executive Officer for Mercedes-Benz India. He will replace Eberhard Kern who is going to head company’s operations...

August 4, 2015

McCann bags Incredible India ad campaign

The global advertising agency McCann bagged Tourism Ministry’s ‘Incredible India’ advertising campaign for the period of three years. The current campaign is advertised by Ogilvy India. McCann was...

August 4, 2015

NTPC inks agreement to form JV with Jharkhand for Patratu Power Plant

National Thermal Power Corporation (NTPC) Limited has inked an agreement with Jharkhand Bijli Vitran Nigam Limited (JBVNL) to form a joint venture (JV) company for Patratu Power Plant....

August 4, 2015

BNP Paribas to acquire broking firm Sharekhan

French global financial services group Banque Nationale de Paris (BNP) Paribas to acquire retail brokerage firm Sharekhan at about 2,000 crore rupees. BNP Paribas a key player in retail...

August 1, 2015

Russia’s Rosneft to acquire 49% stake in Essar Oil

The Russia’s state owned Oil Company Rosneft signed strategic agreement with Shashi Ruia’s Essar Oil to acquire its 49 per cent. The two companies have also agreed exploration...

August 1, 2015

Tata Motors bags 914-cr order from Indian Army

Tata Motors has bagged the single-largest order of high mobility vehicle (LMV) worth Rs. 914 crore from the Indian Army. Tata Motor is going to supply over 1,239...

August 1, 2015

Thomas Cook (India) Ltd buys Sri Lankan firm Luxe Asia Pvt. Ltd

Major tour operator Thomas Cook (India) Ltd has acquired Sri Lanka based destination management company Luxe Asia Pvt. Ltd. The acquisition was done in undisclosed deal was made...

August 1, 2015

SEBI cancels Sahara's mutual fund licence

Securities and Exchange Board of India (SEBI) has cancelled licence of Sahara asset Management Company (AMC). The license will stand cancelled after sixty days from the date of...

July 31, 2015

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