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Thu, 22 Jun 2017

SEBI Norms for Index Providers in India

Securities and Exchange Board of India (SEBI) has proposed new norms for index providers with emphasis on more disclosures and greater transparency. The Securities...

PayTm Launches Payments Bank

Paytm has launched its own Paytm Payments Bank. Customers will also be offered zero charges on all online transactions and no minimum balance requirement. The Payments...

Saudi Tech Fund Becomes World’s Largest

Private equity fund in Saudi Arabia has become the world'd largest fund as it raises over $93 billion to invest in technology sectors such...

IFCI Approves Stake Sale in Tourism Finance Corporation

IFCI board has given its approval to sell the company’s entire 26.09 per cent stake in Tourism Finance Corporation of India Ltd (TFCI). TFCI has been...

Google Launches Neural Machine Translation

Search engine Google launched a new neural machine translation technology between English and nine widely used Indian languages — Hindi, Bengali, Marathi, Tamil, Telugu,...

Yahoo Introduces ‘Captain’ Bot for Messenger

Yahoo has announced the launch of ‘Captain’ bot for Facebook Messenger. Making use of machine-learning capabilities, it helps members of a group to manage activities...

Oracle Starts Cloud Computing Service for India

Oracle, the technology company that offers cloud applications, platform services, and engineered systems, sees a huge opportunity to serve smart city and other digital...

Pipavav Shipyard in News

Reliance Defence and Engineering Limited (formerly known as Pipavav Shipyard Limited & Pipavav Defence and Offshore Engineering Company Limited) is an Indian shipbuilding and...

European Union Fined Facebook

European Union has fined Facebook one hundred and twenty two million dollars for giving misleading information. European Union’s competition watchdog said that Facebook had said...

Facebook Starts Express Wi-Fi Services in India

Facebook started its Express Wi-Fi internet services in India, which are already available at 700 hotspots across Uttarakhand, Gujarat, Rajasthan and Meghalaya. Express Wi-Fi has...

‘Enterprise Ethereum Alliance’ in News

Wipro Limited has joined the Enterprise Ethereum Alliance (EEA) as a founding member. The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology...

Indian Companies Allowed to Merge with Companies Abroad

The Centre has allowed Indian companies to merger with companies abroad. However, such outbound mergers will be allowed only with the prior approval of...

Amazon Gets RBI approval for E-Wallet

Amazon India has received the RBI’s approval for an e-wallet. The licence has been issued to Amazon Online Distribution Services on March 22, and...

IFFCO Buys Stake in Gramin Health Care

IFFCO has bought a 26 per cent stake in start-up firm Gramin Health Care (GHC). The Gurgaon-based company GHC aims to provide timely medical advice and...

Karnataka Bank and SBI Jointly Launch Credit Card

Karnataka Bank and SBI Card have launched co-branded credit cards for the customers of Karnataka Bank. Through this alliance Karnataka Bank and SBI Card will...

Anil Agarwal Buys Stake in ‘Anglo American’ Corp

Indian billionaire Anil Agarwal has become the second largest shareholder in Anglo American after acquiring 11.44 per cent of the British mining group. The Volcan...

Business Reform Action Plan Released

The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, in partnership with the World Bank Group, released the Business Reform...

Reliance Capital Sells its Stake in Paytm

Reliance Capital has sold about 1% of its stake in digital payments firm Paytm to China’s Alibaba Group for Rs. 275 crore. Reliance Capital had...

Google Buys Kaggle

Google has announced the acquisition of Kaggle, a start-up that hosts a number of data scientists. Founded in 2010, Kaggle is home to the world’s...

Google Acquires Canadian Firm AppBridge

Google has acquired the Canadian technology firm AppBridge that helps companies transfer data to the technology giant’s cloud platform. The company had earlier announced the...

BSE Ties up with Sentifi for Analysis and Updates

The BSE has tied up with a Swiss company Sentifi for social media updates of 40,000 globally listed stocks. Sentifi analyses in real time the...

Kotak Bank Approves Raising of Capital

The private sector Kotak Mahindra Bank’s board accorded its approval for raising capital through issue of equity shares, Global Depository Receipts, American Depository Receipts...

China Launches Latest Satellite

Current Affairs: China successfully launched the country's first space telescope in search for signals of dark matter. The Dark Matter Particle Explorer (DAMPE) Satellite was...

New Method of Microbial Energy Production

Researchers have discovered a new method of microbial energy production, called "flavin-based electron bifurcation" (FBEB). This newly found method is actually an ancient form of energy...

Denmark Ratifies ‘Forced Labour Convention’

Denmark has deposited the instrument of ratification of the Protocol of 2014 to the Forced Labour Convention, 1930 , thereby becoming the 17th country...

National Mission on Cultural Mapping of India

In the year of commemoration of the birth centenary of Pandit Deen Dayal Upadhyay, who hailed from Mathura district in Uttar Pradesh, the Ministry...