Current Affairs

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Capgemini acquires IGATE for $4 bn in all-cash deal

French IT services firm Capgemini has announced its plan to acquire US based information technology (IT) outsourcer IGATE for US 4 billion dollars. This acquisition will help Capgemini...

April 28, 2015

India fourth largest supplier of generic medicines to US: Government

India has emerged as the fourth largest supplier of generic medicines to the United States. It was announced by Minister of State (MoS) for Chemicals and Fertilizers Hansraj...

April 24, 2015

Union Government allows EPFO to invest 5% corpus in stock markets

Union Government has allowed Employees’ Provident Fund Organisation (EPFO), India’s retirement fund body to invest five per cent of its corpus in exchange traded funds i.e. in stock...

April 24, 2015

National Institute of Electronics and Information Technology inks MoU with Snapdeal

National Institute of Electronics and Information Technology (NIELIT) on 23 April 2015 signed a memorandum of understanding (MoU) with e-commerce giant Snapdeal to roll out digital marketing courses....

April 24, 2015

Zomato acquires NexTable

Online restaurant guide Zomato has acquired United States (US) based online table reservation platform NexTable for undisclosed amount. It is Zomato’s ninth acquisitions since past nine months. This...

April 23, 2015

MakeMyTrip acquires travel startup website Mygola.com

Online travel services provider MakeMyTrip.com has acquired Mygola, a startup travel guide firm. The acquisition was done through MakeMyTrip’s Innovation Fund, which invests in early-stage or start-up companies...

April 22, 2015

Oil India commissions 54 MW capacity wind energy projects in Gujarat, Madhya Pradesh

India’s second largest state-owned oil explorer company, Oil India Limited (OIL) has commissioned 54 MW wind energy projects saddled between Gujarat and Madhya Pradesh. The spilt capacity of...

April 17, 2015

Nokia announces to buy Alcatel- Lucent

Finnish telecom network equipment maker Nokia on 16 April 2015 announced acquisition of French telecom network firm Alcatel- Lucent. This merger will create the world’s largest supplier of...

April 15, 2015

Pankaj More appointed as Technology Head of Walmart India

Pankaj More on 15 April 2015 was appointed as Technology Head of Wal-Mart India Private Limited. In his new role, he will play a key role in strengthening...

April 15, 2015

Zomato acquires Delhi based data firm MaplePOS

Online restaurant guide Zomato on 14 April 2015 acquired MaplePOS, a cloud-based point of sale product for restaurants developed by Delhi based MapleGraph. After the acquisition, Zomato has...

April 14, 2015

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