Page-11 of Current Affairs - September, 2013

eBay opens Development Centre in Bangalore

September 16, 2013

Online e-commerce company eBay has opened a new development centre in Bangalore and plans to recruit 1,000 IT professionals by 2016. eBay already has two development centers one each in Chennai and Mumbai. The centre will work on technologies relating ..

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Definition of 'control' in relation to FDI notified by RBI

September 16, 2013

The Reserve Bank of India notified the definition of term ‘control’ in the context of Foreign Direct Investment (FDI) and revised the list of states where FDI is allowed in multi-brand retail. What is ‘Control’ as per RBI notification? ‘Control’ shall include the ..

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Rupee at present level is well corrected, gaining stability: C Rangarajan

September 16, 2013

As per Prime Minister’s Economic Advisory Council Chairman C Rangarajan, the rupee at the current level is “well corrected” and stability is returning to the forex market, amidst volatility in the exchange value of the local currency. The rupee has recuperated to ..

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India to buy six more C-130J 'Super Hercules' aircraft

September 16, 2013

The Defence Acquisition Council (DAC) headed by Defence Minister A K Antony has given approval for the purchase of 6 more C-130J “Super Hercules” aircraft from the US in a deal worth over Rs 4,000 crore. It will now need a final approval from the ..

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SEBI relaxes KYC norms for foreign investors

September 16, 2013

In a bid to attract foreign investors to Indian capital markets, stock market regulator SEBI eased registration and disclosure norms for low-risk foreign investors and exempted low-risk overseas entities from onerous paper work. SEBI has formed 3 categories which classifies ..

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Union Cabinet’s nod to RBI for buying $4.3 bn World Bank bonds

September 16, 2013

The Reserve Bank of India (RBI) was given nod by the Union Cabinet to invest $4.3 billion in special bonds of the World Bank as it would help in securing extra funding from the multilateral lending agency for infrastructure development ..

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India, Kyrgyzstan agree to bolster defence ties

September 16, 2013

India and Kyrgyzstan have agreed to further strengthen bilateral defence cooperation in areas, including training, UN peacekeeping and defence industry. It was decided at a meeting between Defence Minister A K Antony and Kyrgystan Defence Minister Taalaibek Omuraliev who is ..

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Liberian President Ellen Johnson Sirleaf honored with Indira Gandhi Peace Prize

September 14, 2013

Indian President Pranab Mukherjee conferred the Indira Gandhi peace prize on Liberian President Ellen Johnson Sirleaf in recognition of her inspiring efforts for ensuring the return of peace, democracy, development, security and order in Liberia and for her strong interest ..

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