Sanjiv Puri appointed ITC’s New Chairman

ITC Group’s present Managing Director (MD) Sanjiv Puri was elevated as new Chairman and Managing Director of company. His appointment comes after noted industry leader and erstwhile ITC Chairman Yogi C. Deveshwar died on 11 May 2019. Background Y C ..

Month: Current Affairs - May, 2019

India’s first UPI Bahi Khata for merchants launched by BharatPe

BharatPe has launched India’s first UPI Bahi Khata for merchants, which allows merchants to record their cash/ credit (udhar) sales customer wise, request accounts receivable from customers via SMS payment links, and keep track of accounts payable to suppliers, among ..

Wipro Consumer care acquired Splash Corporation

Wipro Consumer Care has inked an pact to acquire Splash Corporation, a Philippines-based personal care company. The transaction will strengthen Wipro’s consumer care portfolio in personal care and completes its South-East Asian footprint. This is Wipro’s 11th acquisition in the ..

Wipro acquires Filipino personal care firm ‘Splash’

Wipro Consumer Care and Lighting (WCCL) has acquired the Philippines-based personal care maker Splash Corporation for an undisclosed amount to enter the country which has a consumer base of around 100 million. The acquisition strengthens Wipro’s consumer care portfolio in ..

India ranked 17th in StartupBlink’s 2019 Startup Ecosystem Ranking

The global startup ecosystem map Startupblink has released its latest 2019 Startup Ecosystem Ranking. In it, India has been ranked 17th out of 100 countries, based on the strength of its startup ecosystem. The index is topped by United States, ..

TCS signs a deal with India Post to transform country’s mail delivery system

India’s largest IT services company, Tata Consultancy Services(TCS) has partnered with the Department of Posts (DoP) to modernise a network of more than 1.5 lakh post offices across the country. The multi-year digital core programme will transform the DoP into ..

Govt Targets Rs 50,000-Crore in Fiscal Year 2020 Through Gem

India’s public procurement portal Government e-marketplace (GeM) has witnessed a multifold increase in transactions which ultimately led the Commerce Ministry to set a target of Rs 50,000 Crore in 2019-20, and hitting Rs 1 trillion worth of procurements by 2021. ..

Cabinet Approves the Creation of Sixth Deputy CAG Post

The Union Cabinet has given its approval to create one post of Deputy Comptroller & Auditor General by abolishing one STS (Standard and Testing Staff) level post in the Office of the Comptroller Auditor General of India. Related Information The ..