Page-17 of Current Affairs - July, 2015

Mindtree acquires 2 Companies from UK and US

July 17, 2015

Mid-tier IT services company Mindtree has acquired two companied from United States and United Kingdom. Acquired companies are in BlueFin Solutions Ltd of UK and Relational Solutions Inc of US. In this regard Mindtree has signed a definitive agreement to ..

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INSTC, India’s strategic gateway to Central Asia and Eurasia

July 16, 2015

The International North-South Transport Corridor (INSTC) is considered as gateway for India to expand trade and investment links with Central Asia and Eurasia. Its importance was highlighted in India’s Foreign Trade Policy of India 2015-20. However, recently it gained importance ..

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CCEA approves creation of Intra State Transmission System in 7 States

July 16, 2015

The Cabinet Committee on Economic Affairs (CCEA) has approved the creation of an Intra-state Transmission System (ISTS) in 7 states across the country. 7 States are: Andhra Pradesh, Karnataka, Maharashtra, Gujarat, Madhya Pradesh, Rajasthan and Himachal Pradesh. Key facts about ..

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RBI constitutes Deepak Mohanty Committee to frame action plan on financial inclusion

July 16, 2015

Reserve Bank of India (RBI) has constituted a committee to prepare a 5 year action plan to spread the reach of financial services across country to unbanked population. The committee will be headed by RBI executive director Deepak Mohanty and ..

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Champions League T20 of Cricket scrapped with immediate effect

July 16, 2015

Champions League Twenty 20 (CLT20) of Cricket has been scrapped with immediate effect. Decision in this regard was taken unanimously by Governing Council of CLT20, comprising Board of Control for Cricket in India (BCCI), Cricket South Africa and Cricket Australia. ..

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Tata, Boeing ink Strategic framework Agreement in lines with Make in India

July 16, 2015

Tata Advanced Systems Limited (TASL) and US-based aircraft maker Boeing have signed a strategic framework agreement for aerospace and defence manufacturing. The agreement was signed by Sukaran Singh, MD & CEO of TASL and Shelley Lavender, President of Boeing Military ..

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IIT Bombay, Nehru Science Centre launch ‘Internet for All’ Mobile Science Exhibition

July 16, 2015

Indian Institute of Technology (IIT)-Bombay and Nehru Science Centre have launched a pilot project “Internet for All” in its Mobile Science Exhibition Bus in Mumbai. It was launched under the aegis of the Union Government’s flagship ‘Digital India’ campaign. The ..

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Home Ministry gives nod to Huawei to set up unit in Tamil Nadu

July 16, 2015

Union Ministry of Home Affairs (MHA) has given nod to Chinese Telecom manufacturer Huawei to set up a manufacturing unit in Tamil Nadu for its components. The security clearance was given by MHA in subject to certain conditions which the ..

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