Page-38 of IBPS

Amma pharmacies to be launched across Tamil Nadu

June 24, 2014

The AIADMK government in Tamil Nadu has decided to open 100 Amma Marunthagam (pharmacies) across the state. The move is likely to win more goodwill for chief minister J Jayalalithaa. The state already have some other welfare schemes like Amma ..

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Air India Ltd becomes member of Star Alliance

June 24, 2014

Air India Ltd has joined the Star Alliance group of carriers. The move could help enhance revenues at the loss-making state-run air carrier. Thus, Air India has become Star Alliance’s 27th member. How Air India will benefit from the membership ..

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125th anniversary of Salar Jung museum

June 24, 2014

Salar Jung Museum in Hyderabad, Telangana celebrated its 125th anniversary in June 2014. The art museum located at Darushifa, on the bank of the Musi River in the city of Hyderabad was established in 1951 and is one of the ..

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PSUs have only 3 years to make 25% of their shares public: SEBI

June 24, 2014

With a view to boost primary markets, stock markets watchdog Securities and Exchange Board of India (SEBI) announced a number of reforms pertaining to IPO and Offer-for-Sale. SEBI proposed that all listed PSUs (Public Sector Undertakings) must have at least ..

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Google to globalize “Project Loon” to provide internet to even the rural and remote areas of the world

June 24, 2014

In year 2013, Google launched Project Loon, a program that intends to provide Internet access to the rural and remote areas that constitute around 66% of the world’s population. The project uses balloons floating at high altitudes that move up ..

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Steel to be dearer by up to Rs 1,000 a tonne

June 24, 2014

The recent 6.5% hike in railway freight rate has led to an increase of Rs 300 a tonne in the prices of steel products across the country. Traders are considering a further increase of Rs 700-1,000 a tone in coming ..

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Obninsk plant: World's 1st nuke power plant turns sixty

June 24, 2014

Obninsk Nuclear Power Plant– world’s first nuclear power plant which epitomized the peaceful use of nuclear technology, particularly during the Cold War era, turned 60 on June 26. The plant is located in a village called Pyatkino in Obninsk city, ..

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Gujarat govt provides 33% quota for women in police force

June 24, 2014

Gujarat CM Anandiben Patel announced 33% quota for women in police force. Though 33% reservation for women in police force already exists but due to stringent criteria for physical tests, the percentage could not be met. The government will adjust those criteria to ..

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India denies patent to US pharmaceutical firm Abraxis BioSciences' anti-cancer drug "Abraxane"

June 24, 2014

The Indian Patent Office (IPO) has denied a patent on US firm Abraxis BioSciences’ anti-cancer drug ‘Abraxane’. The application was rejected on the grounds that the drug lacked invention, not being patentable and insufficient. While rejecting the patent IPO took into account Section ..

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Understanding the collusion between El Nino and Monsoon

June 24, 2014

Indian Meteorological Department (IMD) is anticipating an El Nino developing in the Pacific and so there is considerable worry over its impact on this year’s monsoon. These concerns seem to escalate with the delayed arrival of rains over Kerala and ..

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