Page-22 of Current Affairs - August, 2015

Sanjay Jalona appointed as MD and CEO for L&T Infotech

Larsen and Toubro has appointed former Infosys executive Sanjay Jalona as the Managing Director and CEO of its subsidiary L&T Infotech, IT arm of L&T. The new CEO Sanjay Jalona will run L&T Infotech from its New Jersey office in ..

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Aadhar not mandatory for availing welfare schemes of Government: SC

The Supreme Court (SC) has ruled that Aadhar card is not mandatory for availing benefits of various welfare schemes of the government. Ruling in this regard was given by three-judge Constitution bench of SC while on hearing a batch of ..

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Superstar Amitabh Bachchan to be Maharashtra’s new Tiger Conservation Ambassador

Maharashtra government has roped Superstar Amitabh Bachchan as its new ambassador for the Tiger Conservation Project. His association will help to raise awareness about saving the tigers in the state. In this regard Mr. Bachchan has accepted an offer which ..

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Veteran Marathi stage actor Bhalchandra Pendharkar passes away

Veteran Marathi stage actor, drama producer and singer Bhalchandra Pendharkar passed away in Mumbai after a brief illness. He was 94. Pendharkar was born on 25 November 1921 in Hyderabad, Telangana (then Andhra Pradesh). He was affectionately known as Anna ..

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Government launches new Central Sector Scheme Nai Manzil

Union Minister for Minority Affairs Dr. Najma Heptulla launched a new Central Sector Scheme Nai Manzil for empowering minorities. The scheme was launched to make innovative interventions in the field of education and skill development for improving the welfare of ..

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China devaluated Yuan by 2 per cent largest since 1994

In line with economic slowdown in China, the People’s Banks of China devalued yuan by 2 per cent against the US dollar. Devaluation was done based on a new way of managing the exchange rate that better reflected market forces ..

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Posco to set up steel plant in Maharashtra in Joint Venture with Uttam Steel

World’s sixth largest South Korean steelmaker Posco has signed an agreement to form a Joint venture with Uttam Steel and Power to set up a 3 million tonnes per year integrated steel plant in Maharashtra. This will be the first integrated ..

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Warren Buffett led Berkshire Hathaway to buy Precision Castparts for $37.2 billion

The billionaire Warren E Buffett led Berkshire Hathaway has agreed to acquire the metal parts manufacturer Precision Castparts Corporation (PCC) for 37.2 billion US dollars. This will be the one of the largest takeovers ever undertaken by the billionaire’s company, ..

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