Page-8 of Current Affairs - February, 2013

Dishonoring of cheque given as security is not punishable: Supreme Court

February 21, 2013

The Apex Court has held that dishonoring of a cheque given as security is not liable to be visited with a penalty under Section 138. It is generally thought that dishonoring of a cheque in any circumstances can attract penal ..

Month: 

Fact Box: Saxo Bank

February 20, 2013

Saxo Bank enters Indian market Saxo Bank has announced its entry into the Indian market to provide trading platform for foreign equities. About Saxo Bank: An Online Danish investment bank. Founded:    1992 Headquarters:    Copenhagen, Denmark Chairman: Kurt K. Larsen, Chairman ..

Month: 

Chandrasekhar Committee meets set pathway to unify foreign investments norms

February 20, 2013

The K.M. Chandrashekhar committee formed to unify foreign investment norms met for the first time. Objective: To relax entry norms for a diverse category of foreign investors such as FDI / FII/ QFI/NRI/FVCI and the like. Two sub-committees Two sub-panels ..

Month: 

Category: 

Fact Box: ‘Letter of Comfort’

February 20, 2013

‘What is ‘Letter of Comfort’? A comfort letter is a document prepared by an accounting firm assuring the financial soundness or backing of a company. This letter is issued by a parent company to a lending institution in which it ..

Month: 

Meteor hits Earth outside Chelyabinsk city in Russia

February 20, 2013

A meteor which was about 17 metres across and weighed 10,000 tons impacted Earth nearly 30 to 50 km above the ground near Russian city Chelyabinsk. The meteor is also being said as the largest celestial body to have hit ..

Month: 

Category: 

Bhaskar Rao appointed as Lokayukta of Karnataka

February 20, 2013

Former Chief Justice of Karnataka, Bhaskar Rao, has been appointed as the Lokayukta of Karnatka. The chair of the anti-corruption ombudsman was vacant after previous Lokayukta Justice Shivraj V. Patil was forced to resign after the media expose of illegal ..

Month: 

Category: 

First corporate sponsorship for Padma Shri Girisha Hosanagara

February 20, 2013

High-jumper Padma Shri awardee Girisha Hosanagara Nagarajegowda who bagged silver medal in London paralympics has become brand ambassador of nutrition company Herbalife.

Month: 

Category: 

Australia clinches women’s cricket World Cup

February 20, 2013

In the women’s cricket World Cup tournament, Australia beat West Indies by 114 runs in the final match played in Mumbai to win the title.

Month: 

Category: