Page-29 of Current Affairs - August, 2015

NASA inks US $490 million contract with Russia for ISS travel

National Aeronautics and Space Administration (NASA) has extended a contract worth US $490 million with Russian Federal Space Agency (Roscosmos) to carry US astronauts to the International Space Station (ISS). This contract was extended after lack of Congressional funding. Under ..

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Snapdeal appoints Amitava Ghosh as Vice President-engineering

Domestic e-commerce major Snapdeal has appointed Amitava Ghosh as Vice President-engineering. Ghosh will head company’s technology innovation centre in Bengaluru and lead the company’s future development of intuitive technology solutions. Prior to this appointment, he was the Chief Technology Officer ..

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Airtel commercially Launches India's first 4G services across 290 cities

On 6 August 2015 India’s telecom giant Airtel has commercially launched the high-speed 4G services across 296 towns across India . In April 2012 Bharti Airtel had first launched its 4G service in Kolkata and from then conducted trials in 51 cities. For ..

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Snapdeal to invest Rs 637 cr in R&D and launched Findmystyle.in website

Snapdeal’s R&D department launched its first product, a website Findmystyle.in which helps customers to pick products by data analysing and needs of the customers. It has also announced to make investment of over 100 million US dollars i.e. 637 crore ..

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Union Cabinet gave nod to decentralise chartering arrangements to empower PSUs

Union Cabinet in order to empower state government and Public Sector Undertakings (PSUs) has approved to decentralise existing chartering arrangements for cargo shipping. In other words the leasing of cargo ships and its arrangements will be done directly by Centre ..

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Visa to test new mobile payments service app mVisa in India

The American global payments technology solution firm Visa Inc to test its pilot app-based mobile payments service ‘mVisa’ in India. mVisa app enables users to transfer money and make micro payments for services through mobile. Visa chose India for its ..

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Central Government liberalises single-brand retail norms for non-resident entities

Now non resident single-branded retailers in India can operate their own outlets can franchise their stores and can even opt for wholesale business as per central government’s new notification. These single-brand retailers can opt for above said trading options only ..

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Union Cabinet gives nod to Direct Release of Wages into bank accounts of MNREGA workers

Union Cabinet has approved the proposal of direct release of wages in to the accounts of the workers engaged under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Direct release of wages system under the MNREGA aims to streamline ..

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