Page-27 of Current Affairs - December, 2012
Infosys to shift its ADS from Nasdaq to NYSE Euronext
Indian IT major Infosys will shift its American Depositary Shares (ADS) from the NASDAQ to NYSE Euronext. The step is being taken to provide European investors better access to its stock. What is ADS? It refers to US dollar denominated ..
Month: Current Affairs - December, 2012
Former PM I.K. Gujral passed away
Indra Kumar Gujral, former Pime Minister of India, passed away. He was 92. I.K.Gujral (December 4,1919 – November 30, 2012) Born in Punjab, in British India. Participated in India’s struggle for freedom. Left the Indian National Congress party in the ..
Month: Current Affairs - December, 2012
“Aapka Paisa, Aapke Haath”
Slogan for the Direct Cash Transfer scheme from Govt: Aapka Paisa, Aapke Haath (your money in your hands) Direct Cash Transfer to beneficiaries of various welfare schemes by Govt. Objective: To remove the middlemen from the system To check leakages ..
Month: Current Affairs - December, 2012
BSE Carbonex- India’s first carbon-based thematic index launched
The Bombay Stock Exchange (BSE) launched, country’s first carbon based thematic index, BSE Carbonex, which will provide a strategic perspective of organizational commitment to climate change mitigation. What is the aim of BSE Carbonex? This index is introduced with an ..
Month: Current Affairs - December, 2012
Category: Reports & Indexes Current Affairs
Union Govt issues new guidelines to stop the misuse of Info Technology Act
The Union government of India issued new guidelines to stop misuse of Section 66A of the Information Technology Act. What are the new guidelines? As per the new guidelines, the cases dealing with spreading messages of reported hatred by electronic ..
Month: Current Affairs - December, 2012
Category: Legal & Constitution Current Affairs
Facebook arrests unwarranted, but Section 66A not ultra vires: Vahanvati
The apex court sought response from Union Government on a petition challenging the Constitutional validity of Section 66A of the Information Technology Act. What’s the matter? What is Section 66A of IT Act? What did the Attorney-General tell the court?
Month: Current Affairs - December, 2012
Category: Legal & Constitution Current Affairs
“INDRA”: India, Russia joint naval exercise
India and Russia held joint naval exercise ‘INDRA’ in Mumbai. The exercise was held in 20003 for the first time and is being conducted every two years. Objective: To enhance interoperability, will be helpful in tackling threats like the pirates ..
Month: Current Affairs - December, 2012
Enforcement Directorate sent 220 FEMA Notices in past 3 Years
Enforcement Directorate (ED) sent 220 show cause notices under Foreign Exchange Management Act (FEMA) in past 3 years. These notices were issued in context with the illegal funds transfer in India through illegal channel. The ED did not register the ..