Page-2 of Companies Current Affairs, GK & News

Supreme Court upholds definition of Adjusted Gross Revenue

The Supreme Court (SC) has recently upheld the definition of Adjusted Gross Revenue (AGR) calculation as stipulated by the Department of Telecommunications (DoT). As per SC ruling, the telecom companies will now have to pay up approx Rs 92,642 crore to the government, more than half of which are owed by Airtel and Vodafone. The ..

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Indian Overseas Bank launches an healthcare insurance policy in collaboration with Universal Sompo General Insurance Company Ltd

Public sector Indian Overseas Bank unveiled a healthcare insurance policy through online platform in association with Universal Sompo General Insurance Company Ltd. The policy offered on real time basis to customers at the branches of Indian Overseas Bank through integration of technology of the two institutions. The co-branded healthcare policy designed by Universal Sompo General ..

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HPCL and Power Grid Corporation get Maharatna status in October 2019

Government of India has accorded ‘Maharatna’ status to public sector undertaking’s (PSU’s) Hindustan Petroleum Corporation Limited (HPCL) and Power Grid Corporation. Two separate orders to this effect were issued by Department of Public Enterprises, under Union Ministry of Heavy Industry and Public Enterprises.

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Hurun Research Institute releases it’s first-ever Hurun Global Unicorn List 2019

The Hurun Research Institute has released it’s first-ever Hurun Global Unicorn List 2019. It is a ranking of the world’s billion-dollar tech ‘start-ups’ founded in the 2000s and not yet listed on a public exchange. This is the first year of the list and follows from the 6th quarterly Hurun China Unicorn Index. China has ..

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K Satish Reddy appointed as President of Indian Pharmaceutical Alliance

K Satish Reddy, Chairman of Dr Reddy’s, has been appointed as President of the Indian Pharmaceutical Alliance (IPA) for 2019-2021. The IPA represents research-based National Pharmaceutical Companies.

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