Current Affairs

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Page-69 of Topic: Business

RBI allows startups to raise $3 million via ECBs annually

The Reserve Bank of India (RBI) has permitted startups to raise external commercial borrowings (ECBs) of up to $3 million in a financial year for three year tenure...

October 27, 2016

India ranks 130th in 2017 Ease of Doing Business index

India has been placed at 130th position among the 190 countries in the recently released World Bank’s ease of doing business index for the year 2017. The index...

October 26, 2016

Union Government forms panel to resolve telecom penalty row

The Union Telecom Ministry has formed a committee to look into the regulator TRAI’s recommendation of a Rs. 3,050 crore penalty on top three telcos — Airtel, Vodafone...

October 26, 2016

Cyrus Mistry removed as Chairman of Tata Group

The board of India’s largest conglomerate Tata Sons Ltd has removed Cyrus Pallonji Mistry (48) as Chairman. However he will remain a director of the individual companies. The...

October 25, 2016

TRAI recommends Rs 3,050 crore penalty on Airtel, Vodafone & Idea

Telecom Regulator Telecom Regulatory Authority of India (TRAI) has recommended Department of Telecom (DoT) to impose combined penalty of 3,050 crore rupees on Bharti Airtel, Vodafone and Idea...

October 24, 2016

Global Conference to strengthen Arbitration & Enforcement held in New Delhi

The first ever global conference to strengthen Arbitration and Enforcement in India was held in New Delhi. The 3-day Conference was inaugurated by President Pranab Mukherjee on 21...

October 22, 2016

Union Government proposes 4 GST slabs

The Union Government has proposed a four-slab rate structure for the new indirect tax regime i.e. Goods & Services Tax (GST) ranging from 0 to 26 per cent....

October 19, 2016

Ashok Leyland rolls out first India-made electric bus

Conglomerate Hinduja Group’s flagship company Ashok Leyland has unveiled country’s first 100 per cent indigenously made electric bus which are non-polluting and have zero-emissions. These buses were unveiled...

October 18, 2016

BRICS to set up credit rating agency

The five-nation group of emerging economies BRICS has agreed to set up an independent BRICS Rating Agency in its efforts to challenge western hegemony in the world of...

October 17, 2016

Rosneft-led consortium buys India’s Essar Oil for $13 billion

Russian consortium led energy giant Rosneft Oil Company has agreed to acquire India’s second biggest private oil firm Essar Oil in an all-cash deal valued at about US...

October 16, 2016

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