Page-2 of Current Affairs - June, 2013

Government bans sale of Analgin, Pioglitazone and Deanxit

June 28, 2013

The Ministry of Health and Family Welfare has banned the sale of three widely popular medicines – painkiller Analgin, anti-diabetes drug Pioglitazone and anti-depressant Deanxit in the wake of health adversities associated with these drugs. What is the reason behind the ban? ..

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Kevin Rudd takes oath as new Australian Premier

June 28, 2013

Kevin Rudd has been sworn in as Prime Minister of Australia. He ousted the incumbent Julia Gillard as leader of the Labor Party. The leadership change comes ahead of an election scheduled in September 2013. Julia Gillard was first woman PM ..

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Ramnik Narsey is the interim head of Wal-Mart India

June 28, 2013

Ramnik Narsey has been appointed as the interim head of U.S.-based retail giant Wal-Mart for its India operations as its head of Indian business Raj Jain has left the company. Wal-Mart Stores, Inc., branded as Walmart, is an American multinational retail corporation that runs chains of ..

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Fact Box: "Kirobo" : World’s first talking robot-astronaut ready to take off

June 28, 2013

“Kirobo” : World’s first talking robot-astronaut ready to take off Japanese have developed the world’s first robot-astronaut that can communicate with humans. It will be launched to International Space Station (ISS) from Japan Aerospace Exploration Agency’s (JAXA) Tanegashima Space Center atop ..

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European Commission gives nod to NYSE takeover

June 28, 2013

The proposal of IntercontinentalExchange (ICE) to take over NYSE-Euronext for $8.2 billion has been approved by the European Commission which said that the two were not direct competitors in most markets and would continue to face strong competition from other exchanges. ICE, ..

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4th generation core processors launched by Intel

June 28, 2013

The US based chipmaker Intel has launched its fourth generation core processor which the company claims will reinvent personal computing with longer battery life, more advanced graphics and new usages in devices like tablets and ultra-books. PC makers such as Acer, Dell, ..

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SEBI tightens buyback rules

June 27, 2013

SEBI has released new buyback norms and a number of other market friendly measures. Under the new rules: It is mandatory for companies selling shares to purchase at least 50% of the offer size. If they fail to do so, the ..

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India, Hungary sign pact for ‘Gas Monitoring System’

June 27, 2013

Following the MoU signed during the Vibrant Gujarat Summit-2013, for a gas monitoring system b/w Gujarat Info Petro Ltd, a subsidiary of Gujarat State Petroleum Corporation and Cason Engineering Plc, Hungary, both have inked a pact in pursuant to the ..

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Oprah Winfrey leads the list of Forbes Most Powerful Celebrities

June 27, 2013

World famous talk show host Oprah Winfrey has been assigned the top spot in the Forbes’ annual Celebrity 100 ranking of the most powerful celebrities. She leads a female-dominated top 10 that includes Lady Gaga, Beyonce, Madonna, Taylor Swift and Ellen DeGeneres. As per the rankings of Most Powerful Celebrities: ..

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SEBI relaxes foreign investment norms; a new category Foreign Portfolio Investors (FPIs) approved

June 27, 2013

In a bid to attract a larger number of foreign investors to Indian capital markets, SEBI approved a slew of changes. Among the major changes are simplification of registration and compliance requirements for foreign investors. As per new measures: A new category ..

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