Current Affairs

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N R Narayana Murthy conferred PLuS Alliance Prize for Global Leadership

Infosys co-founder N R Narayana Murthy and Mumbai-born scientist Veena Sahajwalla have been conferred the PLuS Alliance Prize – a prestigious honour that recognises Research Innovation, Education Innovation,...

September 5, 2017

NTPC signs a Rs 3,000-crore term loan agreement with ICICI Bank for partially funding its capital expenditure

The state-owned NTPC has signed a term loan agreement for Rs. 3,000 crore with ICICI Bank for partially funding its capital expenditure. The loan which has a door-to-door...

September 1, 2017

The Ujjivan Small Finance Bank (SFB) Ltd received ‘Scheduled Bank’ status by RBI

The Ujjivan Small Finance Bank (SFB) Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd., has been included in the Second Schedule to the Reserve Bank of India...

September 1, 2017

Nandan Nilekani appointed as new non-executive Chairman of Infosys

Nandan Nilekani, the Infosys co-founder and the architect of Aadhaar, has been appointed as the new non-executive chairman of the board of directors of Infosys. The sweeping changes...

August 25, 2017

Indian-origin actor Dev Patel to be honoured with Asian Game Changer award for 2017

Indian-origin actor Dev Patel will be honoured with the Asian Game Changer award for 2017 by the Asia Society for making a transformative and positive difference for the...

August 9, 2017

Mukesh Ambani becomes 2nd richest man in Asia

Mukesh Ambani has become the Asia’s second richest man according to the 2017 Bloomberg Billionaires Index (BBI). According to the 2017 index, Ambani’s net worth has risen to...

August 3, 2017

Axis Bank acquires Snapdeal-owned mobile wallet FreeCharge

Axis bank has acquired Snapdeal-owned mobile wallet FreeCharge in an all-cash deal worth Rs 385 crore to strengthen its position in the payments space. This acquisition is expected...

July 28, 2017

RBI imposes penalty on 5 foreign banks for violating FEMA rules

The Reserve Bank of India (RBI) has slapped a fine on five foreign banks, namely, Deutsche Bank, Standard Chartered Bank, Bank of America, Bank of Tokyo Mitsubishi and...

December 22, 2016

NTPC, Nalco to set up 2,400 MW power plant in Odisha

NTPC Ltd and National Aluminium Company (NALCO) have jointly agreed to set up a 2,400 MW coal-based power project in Odisha’s Dhenkanal district. To this effect, NTPC has signed an MoU with NALCO to...

December 17, 2016

Indian-American woman elected as Mayor of Californian city

In a first, an Indian-American woman, Savita Vaidhyanathan has been elected as the new Mayor of the key Californian city of Cupertino. She is an MBA and has...

December 17, 2016

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