Current Affairs

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Bollgard II Roundup Ready Flex – Monsanto’s next-gen cotton technology

Monsanto: St Louis, US-based seed technology company. World’s leading producer of the herbicide glyphosate, marketed in the Roundup brand, and in other brands.  2nd largest producer of Genetically...

July 8, 2012

Disposal of Bhopal toxic waste approved

The government sanctioned removal of about 350 metric tonnes of Union Carbide toxic waste in Bhopal. The sanction was given subsequent to commendations from a Group of Ministers...

July 6, 2012

US court blocks Apple in Google battle

As per the ruling from Chicago federal court, US: Apple Inc. cannot pursue an injunction against Google’s Motorola Mobility unit. – The court dismissed the lawsuit b/w Apple...

July 2, 2012

Nomura slashes India GDP growth projection to 5.8%

Nomura has lowered the country’s growth estimate for this fiscal to 5.8%, from 6.7% earlier. Nomura has also hacked its India GDP prediction for 2013-14 to 6.6% from...

July 2, 2012

Moody’s cut credit outlook of 28 Spanish banks

Global ratings agency Moody’s downgraded the credit ratings of 28 Spainish banks a week after Spain asked for money to aid them. As per the Moody’s Spain’s declined...

June 27, 2012

Odisha govt will transfer 2,000 acres land to POSCO

The government of Odisha will soon transfer about 2,000 acres of land to South Korean steel giant Posco to start operations on its 12 billion dollar project near...

June 25, 2012

2012 World Business and Development Award to “ITC” at Rio+20

ITC Limited bagged the 2012 World Business and Development Award at the Rio+20 UN Summit at Rio de Janeiro, Brazil. · The award has been conferred on ITC...

June 23, 2012

Government rejects Fitch ratings

Lashing out at global rating agencies for reducing credit outlook of Indian banks, the government held these bodies are fully capitalized and there is nothing to worry about...

June 23, 2012

Genpact’s Tyagarajan “Tiger” tops the salary circuit with $8.8 million pay package

With a salary amounting to Rs 49 crore or $8.8 million, the CEO of Genpact, NV Tyagarajan, was the highest-paid chief executive in India’s IT services and BPO...

June 21, 2012

Govt initiates 10% stake sell off in Nalco

The government has started the process of 10% stake sale in National Aluminium Company Ltd (Nalco, based in Bhubaneshwar) which may enrich the exchequer  with around Rs 12,000...

June 19, 2012

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