Page-24 of Current Affairs - August, 2015

Xiaomi ties up with Foxconn to set up facility in Andhra Pradesh through 'Make in India' intiative

August 10, 2015

China-based Smartphone maker Xiaomi Inc has tied up with Taiwan-based Foxconn to set first Assembly line in Andhra Pradesh under ‘Make in India’ initiative. These two Smartphone manufacturer giants has forayed together into Indian electronics market to roll out Xiaomi’s first locally made Smartphone, ..

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Govt caps kerosene subsidy at Rs 12 per litre and Rs 18 per kg for LPG

August 10, 2015

On 10 August Central government has capped the subsidy payout on kerosene at Rs. 12 per litre and Rs. 18 per kg for LPG and notifies the upstream companies to bear about Rs 5,000-6,000 crore kerosene subsidy for the fiscal year. Subsidy ..

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India's social security pact with Canada comes into force

August 10, 2015

The social security pact between India and Canada which was approved by Union Cabinet in 2013 comes into force after two years of long waiting. According to the pact the employees posted by Indian entities in Canada are not required ..

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China’s Phicomm to invest $1 billion to set up India units

August 10, 2015

Phicomm, a Shanghai-based smartphone maker has announced to invest around 6400 crore rupees in India by 2017. The company has decided to set up five business units in phased manner which includes units of – Mobile phones, Cloud services, Enterprise, ..

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Telecom Minister launches mobile app ‘Disha’ to aid digital literacy in Bihar

August 10, 2015

On 10 August Telecom Minister Ravi Shankar Prasad has launched a new mobile app ‘Disha’ to aid digital literacy in Bihar. The app was launched in Bihar that aims to help people learn about computers and Internet through self learning modules. The ..

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Union Government launches Suraksha Bandhan drive in Mission Mode

August 10, 2015

Union Government has launched Suraksha Bandhan drive in a Mission Mode through participating insurance companies and banks. The drive aims at taking forward Union Government’s objective of creating a universal social security system in the country, especially for the poor ..

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Poet, freedom fighter Kayyara Kinhanna Rai passes away

August 10, 2015

Eminent Kannada poet and freedom fighter Kayyara Kinhanna Rai passed away at Badiyadkka in Kasaragod district of Kerala. He was 101. He was an author, poet, journalist and Indian independence activist. About Kayyar Kinhanna Rai He was born on 8 ..

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Central Board of Direct Taxes (CBDT) notifies changes in I-T rules to comply with FATCA pact

August 10, 2015

The Central Board of Direct Taxes (CBDT) has amended income tax rules to provide reporting of information with regards to financial assets and accounts to comply with Foreign Account Tax Compliance Act (FATCA) pact signed between India and US in 9 July 2015. ..

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