Page-14 of Current Affairs - April, 2013

Nokia, Samsung India's most trusted brands – The Brand Trust Report, India Study – 2013 Prle

As per a recent report by the Brand Trust Report, India Study – 2013, Nokia, Samsung and Sony are the India’s three Most Trusted Brands for this year. Nokia is the most trusted brand for the third consecutive year. The Brand Trust ..

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Novartis loses patent case for its anti-cancer drug "Glivec" in India

Novartis AG – The Swiss drug maker’s 7-year fight to win an Indian patent for its megahit anti-cancer drug “Glivec” finished with the Supreme court dismissing the company’s appeal. What was the ruling given by the Supreme Court?   The Supreme Court ruled that ..

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Fact Box: Caratometer ( Karatmeter )

Corporation Bank to use ‘caratometers’ in order to check purity of Gold pledged Corporation Bank planning to use ‘cartometers’ in order to check the purity of Gold pledged. Corporation Bank’s gold loan portfolio more than doubled to Rs 3,662 crore ..

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NMDC and IndusInd Bank enter 50-share benchmark index of NSE

Iron ore miner NMDC and IndusInd Bank have been included on the 50-share benchmark index of NSE (National Stock Exchange). IndusInd Bank and NMDC replaced IT major Wipro and diversified group Siemens on the Nifty.    

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Fact box : International Investment Position (IIP)

India’s International Financial Liabilities increased by US $10.5 bn As per RBI: India’s international financial liabilities rose by $10.5 billion to $723.9 billion in the 3rd quarter of the current fiscal. India’s International Investment Position a) International Financial Liablities = ..

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Historic Arms Trade Treaty (ATT) passed in UN

An unexampled Arms Trade Treaty (ATT) passed in UN General Assembly with: 154 members voting ‘Yes’ 3 – Iran, Syria and North Korea — voting no 23 including India, China, Egypt, Myanmar, Russia, Saudi Arabia, Sri Lanka, etc. abstaining. Pakistan voted in favour ..

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India Ratings: 'Over-leveraging' is major concern for Indian firms

India Ratings’ Managing Director and CEO Atul Joshi held that most of the Indian companies have seen rating downgrades in the recent past due to over-leveraging. He also held that: “the over-leveraging is mostly seen in terms of debt-to-equity, but we ..

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IRDA passes credit rating norm for choosing foreign reinsurers

Insurance Regulatory and Development Authority (IRDA). As per the IRDA (General Insurance – Reinsurance) Regulations 2013, Foreign reinsurers who have a credit rating of at least BBB from Standard & Poor’s Corp. or an equivalent rating by any other international agency ..

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