- Biz.Rankings/Awards
- Banking and Finance
- IT/Electronics
- Automobile/Aviation/Energy
- FMGC (fast moving consumer goods)
- Medical / pharmaceutical
This is the compilation of business GK / corporate affairs development during February and March 2015. Utility: mainly for job interviews (depending on your work experience and graduation background) and certain MBA/college entrance exams.
Biz.Rankings/Awards
Forbes wealthiest people |
1. Dilip Shanghvi (Sun Pharmaceutical)-world rank 372.Mukesh Ambani- World ranks 43
3.Azim Premji-World Rank 48 |
Asia’s Power Businesswomen 2015 |
Six Indian women in this list:
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Banking and Finance
Ajay Banga |
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Andhra Bank | Will issue preferential shares to Government, worth 120 crores. |
Bank of Maharashtra |
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Bogus banks | Moody downgrades rating of Central Bank of India and Indian Overseas Bank because they won’t get much capitalization support from union Government |
Crisil | Ms. Ashu Suyash to be new MD/CEO. |
Deloitte | Four top auditing firms of the world:Â PwC, KPMG, EY and Deloitte. Deloitte has appointed India-born Punit Renjen as gobal CEO |
 India Cements | Total 97054 Shareholders of India Cements will get free shares of Chennai Super Kings Cricket Ltd. , proportion to the shares they currently hold in the cement company. |
Indian Overseas Bank | Will issue Rs.1000 crore bonds to augment additional Tier-I capital under Basel -III. |
Quality 30 | It is Index launched by NSE. It reflects performance of stocks of top 30 quality companies from100 large and liquid companies listed on the NSE. |
Reliance Industries Ltd | Will issue 30 years oversea bonds worth $750 million to finance its capital Expenditure. |
SAHARA |
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Tata Capital | launched Flexi EMI loans with a choice of customising repayment options, as per the borrowersâ convenience |
Willis Group | World’s third Largest England based insurance brokerage company pick up 49 per cent stake in New Delhi-based Almondz Insurance Broker. It is the first foreign company to do so after the Insurance Ordinance was issued in December which allows 49% FDI. |
Yes Bank | Will issue green infrastructure bond worth Rs.500 crores with green shoe option. |
IT/Electronics
Alibaba |
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Apple Inc. |
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BigTree Entertainment | It is owner of online entertainment ticketing portal BookMyShow bought a majority stake in Bengaluru based Eventifier. |
Canalys | Announced Micromax had overtaken Samsung on Shipment data. Which leads to tussle between them. |
eBay | planning to cut 2,400 jobs or 7 per cent of its workforce across the globe. |
Ericsson | Undergo conflict with apple for patent infringement. |
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Flipkart | Co. is going to sales worth $8-billion in the current year. |
Haryana | Launches âDigital Saksharta Abhiyaanâ – Information Technology Mass Literacy Scheme to achieve the goal of âDigital Haryana and keep pace with rapidly evolving technologies. |
HCL | Its philanthropic arm of Shiv Nadar foundation sold all its shares in market for >1000 crore rupee. Money will be used for Promotion of education and art. |
Hewlett-Packard | Bought wifi network marker Aruba for ~3 billion. |
Infosys |
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iPhone | Â Business Worth more than Google and Microsoft combined. |
Lifesize | Â Launching two new products â Lifesize Icon 400 and Lifesize Icon Flex â for India targeting small and medium businesses (SMBs) in Video conferencing Solution. |
LoopPay | Samsung Electronics Co has bought U.S. mobile wallet “Loopay” to launch a smartphone payments service to compete with a recent offering from rival Apple Inc. |
Magzter | A Digital magazine store with monthly subscription package. For Rs. 499, you can access ~2000 magazines. |
Microsoft |
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Nasscom | Announced winners of its âSocial Innovation Forum. In a move to reward those involved in social innovation. |
Netflix | The first company to enter Cubaâs digital entertainment industry. There are only 53 broadband internet accounts in Cuba. |
Qualcomm | This U.S. mobile chip maker Co. It had agreed to pay a hefty fine to China on patent issue. |
Rocket internet | Bought 52% ownership of foodpanda.com, for ~650+ crores rupees |
Samsung |
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Sang Fei Communication | Â owns and manufacturer Philips mobile phones, is Planning to expand Indian smartphone market. |
Snapdeal |
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Software developers |
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Star India | Will acquire the home-grown Telugu channel MAA TV. |
 Videocon |
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Yale University | points out that corruption and lower enforcement reduces adoption of productivity-enhancing technology among retailers in India. |
Automobile/Aviation/Energy
Aditya Birla | Due to Heavy losses, he shut down urea plant in Uttar Pradesh. |
Amitabh Bachchan | Has increased his shareholding in fineotex chemicals. |
Anil Ambani | his Reliance Infrastructure Ltd. has acquired Pipavav Defence and Offshore Engineering Company Ltd. This signals he wants to enter defense production business. |
Britain | begun testing driverless cars in four cities. |
Cab companies |
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Haryana | decided to enter into a partnership with Indian Railways for speedy implementation of at least eight rail projects. Name of project is – âH-RIDEâ |
Hero Motors | Appointment of New CEO Takahiro Hachigo. |
Indian Oil Corporation | Starts five-kg cylinders through retail outlets. |
Maruti Suzuki | Focusing on cars with auto gear shift (AGS) technology. |
Rasna Pvt | set up a Rs.100crore greenfield project at Chittoor in Seemandhra, and increase production capacities of its plants in Dehradun and Gujarat, as part of its expansion programme. |
SpiceJet | launched a sale of four lakh low fare tickets including one lakh at Rs.599. |
Tata Motors | offered VRS to employees given heavy losses in commercial vehicle sector. |
Tata Power | Plans to develop 450 MW clean power through hydel. This year, the company will commission 120 MW hydro power capacity to mark 100 year celebrations. First hydro unit of 12 MW on February at Khopoli, Maharastra . |
FMGC (fast moving consumer goods)
Cafe Coffee Day | Aims to launch 1$ billion IPO |
Grasim Industries | launched its subsidiary Birla Celluloseâs first fabric brand âLivaâ |
Kraft Heinz Company |
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Make in India | U.S., the worldâs largest market for Gems and jeweler to set up manufacturing hubs in India to promote make in India Programme. |
Zomato | CEO Deepinder Goyal launched new service to allow customers to order food directly from zomato site/app. |
Medical / pharmaceutical
Cipla | Launched generic drug Sofosbuvir for tchronic Hepatitis C. The Brand name of medicine ‘Hepcvir’ |
Cipla | Won $188.95 million tender of Global Fund ARV (anti-retroviral). |
Glenmark Pharmaceuticals | The Delhi High Court stayed its anti-diabetes drugs Zita and Zita-Met, because they’ve infringed the patent of Merck Sharp and Dohme (MSD, an American company) |
ITC | Purchased âSavlonâ and âShower-to-Showerâ trademarks from Johnson and Johnson. |
Pfizer |
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Phaneesh Murthy | he is launching a new healthcare venture PM Health & Life Care Pvt Ltd (PMHLC). This online marketplace will connect chemists and druggists with consumers. |
Sun Pharmaceutical Industries |
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Visit Mrunal.org/PIN for Persons in news, books-authors, awards and sports related current affairs for IBPS, SSC, CDS, CAPF, ACIO and state service exams.
Can somebody please post the screenshot of their sbi associates po results…needed urgently
sir,takahiro hachigo is ceo of honda…
Sir/madam
I need ur guidelines for ibps po and clerk.
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