Current Affairs

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Page-79 of Topic: Business

Ken Miyauchi appointed as President and COO of SoftBank Group

Ken Miyauchi has been appointed as the President and Chief Operating Officer (COO) of the Japanese conglomerate SoftBank Group. He will succeed Nikesh Arora who had stepped down...

June 23, 2016

India ranks 10th in FDI inflows: UNCTAD report

As per the recently released 2016 World Investment Report, India ranks 10th in FDI (Foreign Direct Investment) inflows. As per the report, India’s FDI inflows have increased to...

June 22, 2016

Union Government approves 100% FDI in Aviation, Defence and e-commerce sectors

The Union Government has eased foreign direct investment (FDI) norms for nine sectors to give impetus to job creation and ease of doing business in the country. Decision...

June 20, 2016

SBI launches IT Innovation Start-up Fund to assist start-ups

India’s largest lender State Bank of India (SBI) has launched IT Innovation Start-up Fund to support start-ups in the financial technology (fintech) space. The fund has corpus of...

June 19, 2016

India, South Korea launch Korea Plus platform to promote investments

India and South Korea have launched a platform ‘Korea Plus’ to promote and facilitate Korean Investments in India. It was launched by the Union Commerce and Industry Minister...

June 18, 2016

Sunil Mittal elected as Chairman of International Chamber of Commerce

The chief executive of Bharti Group, Sunil Bharti Mittal has been elected chairman of the International Chambers of Commerce (ICC). He succeeds Terry McGraw, Chairman Emeritus of S&P...

June 17, 2016

Union Cabinet approves merger of 5 associate banks with SBI

The Union Cabinet has approved merger of country’s largest lender State Bank of India (SBI) and its associate banks in order to bring the state-owned entity on a...

June 16, 2016

Union Cabinet approves Civil Aviation Policy 2016

The Union Cabinet has given its approval for the Civil Aviation Policy 2016 to boost the domestic aviation sector and provide passenger-friendly fares. This is for the first...

June 16, 2016

Tata Power to acquire Welspun Renewables

Private power producer Tata Power Co. Ltd has agreed to acquire renewable energy company Welspun Renewables Energy Pvt. Ltd. In this regard, Tata Power’s renewable energy unit Tata...

June 14, 2016

SEBI issues stricter KYC, disclosure norms for P-Notes

The markets regulator SEBI (Securities and Exchange Board of India) has put in place a stricter KYC (Know Your Customer) norms and disclosure regime for Participatory Notes (P-Notes)....

June 13, 2016

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