Page-11 of Current Affairs - August, 2015
Centre announces 30 per cent tax sop for industries in Bihar
On 20 August 2015 Central government announced 30 per cent income tax rebate for establishment of new manufacturing plants and machinery in 21 ‘backward’ districts of Bihar. In order to give boost to economy and to attract new manufacturing units ..
Month: Current Affairs - August, 2015
Olympic champion Sebastian Coe elected new IAAF president
Former Olympic champion Sebastian Coe from United Kingdom has been elected as President of International Association of Athletics Federations (IAAF). In the election for this post he defeated Sergei Bubka of Ukraine by securing 115 votes. He succeeds Senegalese Lamine ..
Month: Current Affairs - August, 2015
Renowned Malayalam actor Paravoor Bharathan passes away
Renowned Malayalam actor Paravoor Bharathan passed away in Kochi, Kerala. He was 86 and was suffering from age-related ailments since 2009. He was known as a versatile actor and had played different roles including negative roles, comedy roles and character ..
Month: Current Affairs - August, 2015
Union Government constitutes 3-member panel to assess situation in FTII
Union Government has constituted a three member panel to assess the situation over the student protest in Film and Television Institute of India (FTII) in Pune. The three member panel has been constituted by Union Ministry of Information and Broadcasting ..
Month: Current Affairs - August, 2015
Reserve Bank of India granted ‘in-principle’ approval to 11 applicants to start a payments bank
Reserve Bank of India granted ‘in-principle’ approval to 11 applicants to start payments banks. The Committee of the Central Board (CCB) of RBI has selected 11 entities among the 41 applicant who has the reach and the technological and financial ..
Month: Current Affairs - August, 2015
LIC launches maiden unit linked insurance plan (ULIP)
State run insurer, Life Insurance Corporation of India (LIC) has launched its maiden unit linked insurance plan (ULIP) product across the country. The ULIP which is also called as ‘New Endowment Plus’ offers investment-cum-insurance provision during the term policy providing ..
Month: Current Affairs - August, 2015
Haryana government signs MoU with United Technologies
Haryana Chief Minister has signed an MoU with the Connecticut-based firm United Technologies for setting up a facility to manufacture air conditioners in Gurgaon and to expand its operations in Haryana. As per the MoU United Technology will set up its air conditioner business ..
Month: Current Affairs - August, 2015
Lenovo to make Smartphones in Chennai with Flextronics under Make in India initiative
Chinese personal computer and smartphone giant Lenovo has roped with electronics contract manufacturer Flextronics to start manufacturing facility in Sriperambudur, near Chennai. Lenovo has forayed in Indian smartphone manufacturing sector after the latest entrant Foxconn who will manufacture the phones in ..