Page-15 of Current Affairs - July, 2012

Government taking measures to breathe life into loss making CPSEs

July 11, 2012

The government is taking several measures to revive loss making Central Public Sector Enterprises (CPSEs). The Department of Heavy Industries, DHI has 17 CPSEs now, which are running in loss. Government is appointing renowned consultants through competitive bidding for formulation ..

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India, ADB inked $ 67.6-m loan agreement to aid agriculture

July 11, 2012

A loan agreement of $ 67.6-million has been signed b/w India and Asian Development Bank to support agriculture and foster investment for agri-business infrastructure in Bihar. The loan is the first part of a $ 170-million multi tranche financing facility ..

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Mark Boucher bids adieu international cricket

July 11, 2012

Mark Boucher, the South African wicket keeper, has retired from international cricket after undergoing surgery for eye injury he received on the opening day against Somerset when a googly from Imran Tahir, hit the stumps and a dislodged ball hit ..

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EU offers Spain bank financial aid and more time to cut deficit

July 11, 2012

European Union has offered ailing Spain more time and 30 billion euro to save the country’s banks and protect Europe from more debt crises. EU ministers promised to provide the funds with 100 billion euro ($123 billion) potentially available in ..

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SEBI permits MCX-SX to operate as full-fledged bourse

July 11, 2012

Securities and Exchange Board of India (SEBI) granted permission to MCX Stock Exchange (MCX-SX) to function as a full-fledged stock exchange, What effect this decision will bring ? With this nod MCX-SX would be able to offer additional asset classes ..

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Person in News: Thomas Lubanga

July 11, 2012

Thomas Lubanga gets 14-year imprisonment The International Criminal Court awarded a Congolese warlord 14-year imprisonment.  Who is Thomas Lubanga ? Thomas Lubanga Dyilo (born 29 December 1960) is a convicted war criminal from the Democratic Republic of the Congo (DRC). ..

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Facebook unveils Application Center in India and six other countries

July 11, 2012

Facebook unveiled its application centre -App Center — in India and 6 other countries. Objective: This step will assist users to search games, music services and media content easily. The App Center is now accessible to everyone in the US, ..

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Tokyo conference promises $16 billion aid to Afghanistan

July 10, 2012

International donors pledged $16 billion development aid for war-torn Afghanistan over the next 4 years, when most NATO-led foreign troops will leave the country. Tokyo Conference: About 70 countries and organizations attended the one day Tokyo conference in Tokyo, Japan ..

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L&T acquires Henikwon Corporation

July 10, 2012

Engineering giant Larsen & Toubro (L&T) acquired Malaysia-based electrical equipment manufacturer Henikwon Corporation. The acquisition was made by L&T’s wholly-owned subsidiary Tamco Switchgear, a part of the engineering major’s electrical and automation (E&A) business. Henikwon Corporation manufactures low and medium ..

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India-US unveil Millennium Alliance

July 10, 2012

India and Unites States launched the Millennium Alliance (MA). MA – a platform to bring together Indian creativity, expertise and resources to source and intensify innovations being developed and tested in the country. The partnership for global development is focused ..

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