Page-4 of Current Affairs - July, 2015

Facebook launches its compressed version 'Lite' in India

July 29, 2015

Facebook, the social networking leader has unveiled a new compressed version of its application called ‘Facebook Lite’ in India to reach out its users who have slow data connections. The motive for launching this version in India is to expand ..

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Titagarh Wagons buys Italy-based Firema Trasporti

July 29, 2015

The Kolkata-based private sector wagon manufacturer Titagarh Wagons Ltd (TWL) has acquired Italian coach manufacturing company Firema Trasporti for 25 million Euros. This purchase will help out TWL to venture into the metro coach and high-speed train manufacturing business. Earlier in 2010, TWL had acquired ..

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World's first diamond exchange at Singapore to go online from September

July 29, 2015

Singapore Diamond Investment Exchange’ (SDiX) the first ever diamond exchange is all set to function from September 2015. Till now diamonds were traded on mutual basis where the retailers or jewellers used to buy diamonds from the polishers and consumers ..

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IndusInd Bank acquires RBS' bullion financing business for Rs 4,100 crore

July 29, 2015

IndusInd Bank has acquired the diamond and jewellery (bullion) financing business and related deposit portfolio of Royal Bank of Scotland (RBS) for 4,100 crore rupees on 28 July 2015. Britain’s largest public bank Royal Bank of Scotland (RBS) was in talks with IndusInd ..

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Hero Motocorp to buy assets of bankrupt US Company

July 29, 2015

India’s largest two-wheeler manufacturer Hero Motocorp’s wholly owned subsidiaries in U.S is to buy certain tangible and intangible assets worth of USD 2.8 million of U.S based Erik Buell Racing (EBR). This purchase is a part of the settlement deal with ..

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Dr Suniti Solomon, pioneer of HIV/AIDS research and treatment in India passes away

July 29, 2015

Dr Suniti Solomon, pioneer of Human immunodeficiency virus and Acquired Immune Deficiency syndrome (HIV/AIDS) research and treatment in India passed away in Chennai, Tamil Nadu. Her team was the first to document evidence of HIV/AIDS infection in India in 1986 ..

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E-tourist visa to Chinese nationals from July 30, 2015

July 29, 2015

Union Government has announced to roll out e-tourist visa facility to Chinese nationals from July 30, 2015. Hong Kong and Macao nationals will also be provided with e-tourist visa facility along with Chinese citizens. This decision was taken in lines ..

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Former South African cricketer Clive Rice passes away

July 29, 2015

Former South African all-rounder cricketer Clive Rice passed away in Johannerburg, South Africa. He was 66 and was suffering from brain tumour. He was one of the best all-rounders of his era alongside Kapil Dev, Imran Khan, Ian Botham and ..

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