Page-118 of IBPS

SEBI freezes bank accounts of two Sahara group firms

February 19, 2013

Market regulator Securities Exchange Board of India (SEBI) ordered freezing of bank accounts and attachment of properties of two Sahara group firms – Sahara Housing Investment Corporation Ltd (SHICL) and Sahara India Real Estate Corporation Ltd (SIRECL), and top executives, ..

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Mohan Parasaran is new Solicitor General of India

February 16, 2013

Mohan Parasaran has been appointed as the new Solicitor General of India following the resignation of senior advocate Rohinton Nariman from the post. Mr Parasaran, who is currently the Additional Solicitor General, is a senior advocate of the Supreme Court. ..

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Fact Box: Special Purpose Vehicle (SPV)

February 16, 2013

  Cabinet approves setting up of SPV for TAPI gas pipeline The Union Cabinet has given nod to set up the Special Purpose Vehicle (SPV) for the $9-billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project. It has also granted permission to GAIL (India) ..

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Angelo Mathews appointed as captain of Sri Lankan cricket team

February 16, 2013

Angelo Mathews has been selected as Sri Lanka’s Test and one-day  international captain for the rest of 2013. He took the reins from Mahela Jayawardene, who recently nominated Mathews to replace him.

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MCX-SX starts trading

February 16, 2013

India’s new stock exchange MCX-SX has started trading in equities, competing against the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). MCX-SX is the third national equity market trading platform. MCX-SX started trading in the shares of 1,116 ..

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Parle-G is now India’s first homegrown Rs 5K crore FMCG brand

February 16, 2013

The1939 born Parle-G glucose biscuit brand of Parle Products has become the first Indian FMCG brand to cross the Rs 5,000-crore mark in retail sales in a year. In 2012, Parle Products sold Rs 5,010 crore worth of its flagship ..

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Government lowers GDP growth estimate for 2012-13 to 5%

February 14, 2013

As per latest official estimates of Central Statistical Organization (CSO), the GDP growth of India in the current fiscal has declined to 5% which is much lower than previous estimates by the RBI, the Finance Ministry and IMF. The fall ..

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Fact Box: Rajiv Gandhi Equity Savings Scheme (RGESS)

February 13, 2013

RGESS schemes to become more investor-friendly – Finance Minister P. Chidambram Finance Minister P. Chidambaram has expressed the need revisit the Rajiv Gandhi Equity Savings Scheme (RGESS) to make its provisions more retail investor-friendly. It was felt by the minister ..

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Fact Box – "REX": World's first complete bionic man

February 12, 2013

What is Rex ? Researchers have built the world’s first complete bionic man named “Rex”. Rex, which is on display in UK, has the face of a man, prosthetic limbs, a functional artificial blood circulatory system and artificial organs, including ..

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Researchers discovered world's largest prime number

February 12, 2013

Researchers have discovered the world’s largest prime number which consists of over 17 million digits. The number has now shot up to 2 multiplied by itself 57,885,161 times minus 1. The finding was made as part of the Great Internet ..

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