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Sudha Balakrishnan appointed as first-ever Chief Financial Officer (CFO) of RBI
Sudha Balakrishnan, the Vice-President of National Securities Depository Ltd (NSDL), has been appointed the first-ever Chief Financial Officer (CFO) of the Reserve Bank of India (RBI). She will hold the rank of executive director and will have a 3-year term. ..
National Mineral Development Corporation wins 2018 S&P Global PLATTS Global Metals Award in CSR category in London
The National Mineral Development Corporation (NMDC Ltd) has bagged the S&P Global Platts Global Metals Award 2018 in the corporate social responsibility category at London Grosvenor Square Marriott Hotel in the UK. This is the first time since inception of ..
TCS becomes first listed Indian IT firm to hit $100 billion market capitalisation
Tata Consultancy Services (TCS) has created history by becoming the first listed Indian IT company to hit the $100 billion market capitalisation (m-cap) mark. On April 23, 2018, the market value of the company stood at Rs 6.53 lakh crore. ..
Month: Current Affairs - April, 2018
United States secures top spot for global investment, as per latest PwC 21st CEO Survey 2018
As per latest PwC 21st CEO Survey 2018, the United States has acquired the top spot for global investment, followed by China, Germany, United Kingdom (UK), India and Japan. The survey reveals surprising faith and optimism among CEOs in the ..
IDBI bank launched ‘Project Nishchay’ to improve financial performance
IDBI Bank has launched ‘Project Nishchay’ in partnership with the Boston Consulting Group (BCG) to accelerate its turnaround program and improve financial performance. The project will be led by senior management at IDBI Bank along with BCG. As part of ..
Moody’s slashed India’s Growth projections to 5.5%
Moody’s Analytics slashed India’s growth projections to 5.5 % for the fiscal year 2012-13. It attributed the cut to inaction by government and poor monsoon. Prior to this, CLSA and Citigroup had slashed their growth forecasts for India to 5.4 ..