Page-117 of IBPS

E&Y lifetime award to Ratan Tata

February 24, 2013

Former Tata Group chairman Ratan Tata has been honored with ‘Ernst &  Young life time achievement award’ 2013 for ‘asserting a greater role for Indian entrepreneurs on the global business landscape’. Godrej Group Chairman Adi Godrej has been given the ..

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T.S. Vijayan is new IRDA chairman

February 24, 2013

Former chairman of Life Insurance Corporation, T.S. Vijayan took over as the chairman of the Insurance Regulatory and Development Authority (IRDA).

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Viswanathan Anand wins Grenke Classic

February 22, 2013

World chess champion Viswanathan Anand scored an emphatic victory over German Arkadij Naiditsch to clinch the Grenke Chess Classic trophy.

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SEWA founder Ela Bhatt conferred with Indira Gandhi Peace Prize

February 21, 2013

Self-Employed Women’s Association of India (SEWA) founder Ela R Bhatt has been conferred with the Indira Gandhi Prize for Peace, Disarmament and Development for the year 2011. The Prize has been awarded to Bhatt for her lifetime achievements in comprehensively ..

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Value of currency note has not increased with inflation: RBI

February 21, 2013

As per a RBI study, the average value of a currency note did not keep pace with inflation in the past four decades. As per the study: There has been only eight fold increase in the average value of a ..

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SEBI allows Gold ETFs to invest in Gold Deposit Schemes

February 21, 2013

Market regulator SEBI has allowed Gold Exchange Traded Funds (ETFs) to invest in gold deposit schemes of banks, as part of overall efforts to utilize idle assets of the precious metal for more productive purposes. The gold ETFs of mutual ..

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Fact Box: Saxo Bank

February 20, 2013

Saxo Bank enters Indian market Saxo Bank has announced its entry into the Indian market to provide trading platform for foreign equities. About Saxo Bank: An Online Danish investment bank. Founded:    1992 Headquarters:    Copenhagen, Denmark Chairman: Kurt K. Larsen, Chairman ..

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Fact Box: ‘Letter of Comfort’

February 20, 2013

‘What is ‘Letter of Comfort’? A comfort letter is a document prepared by an accounting firm assuring the financial soundness or backing of a company. This letter is issued by a parent company to a lending institution in which it ..

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First corporate sponsorship for Padma Shri Girisha Hosanagara

February 20, 2013

High-jumper Padma Shri awardee Girisha Hosanagara Nagarajegowda who bagged silver medal in London paralympics has become brand ambassador of nutrition company Herbalife.

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India’s trade deficit surges to $20 billion

February 20, 2013

India’s trade deficit surged to a three-month high of $20 billion despite some stingy improvement by 0.82% growth at $25.58 billion in January. The growth, however, does not seem to provide much help in attaining the $350 billion export target ..

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