Important Updates

S. Gopalakrishnan new head of CII

S. Gopalakrishnan, Co-Founder Infosys elected as new President for Industry body Confederation of Indian Industry (CII) for 2013-14. S. Gopalakrishnan will replace Adi Godrej, Chairman of Godrej Group.

Krishna Kumar is new ED of Canara Bank

V. S. Krishna Kumar took charge as the ED (Executive Director) of Canara Bank with effect from April 4, 2013.

India and Singapore ink MoU on Air Services

India and Singapore inked a new Memorandum of Understanding (MoU) on bilateral air services. The MoU rationalizes the capacity entitlements of both India and Singapore in terms of seats per week in each direction with a route specific cap for Singapore on each route. The MoU increases by 10%, the capacity entitlement with India.

Reconstitution of Central Press Accreditation Committee

Central Press Accreditation Committee (CPAC), reconstituted by the Ministry of Information & Broadcasting.

Function of CPAC: To approve applications for accreditation from the media, both Indian as well as foreign.

Jammu and Kashmir Bank wins FE India’s Best Banks Award-2012-13

In recognition of its strong fundamentals and dynamic growth model, J & K Bank  won the prestigious FE India’s Best Banks Award for 2012-13.

• Ranked as No. 1 in ‘Best Old Private Sector Bank’ category
• 3rd in the overall banking industry in terms of ‘Profitability’.
• 1st in terms of ‘Profitability’ in the category of ‘Old private sector banks’.

Month: Current Affairs - April, 2013