Page-84 of IBPS

Veteran actor Farooq Sheikh passed away

December 31, 2013

Noted veteran actor Farooq Sheikh (65) passed away in Dubai. Farooq Sheikh: Born: March 25, 1948 He started his career in acting in Bollywood in 1973 with the film Garm Hava and gained accolades for his roles in movies like ..

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Cabinet approves raising foreign investment to 62% in Axis Bank

December 29, 2013

The Cabinet Committee on Economic Affairs (CCEA) has given nod to the proposal of Axis Bank for hiking foreign investment from 49% to 62% entailing an inflow of about Rs 7,250 crore. It will be subject to the aggregate foreign ..

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SBI to act as lead bank for four newly-formed Meghalaya districts

December 29, 2013

The Reserve Bank of India (RBI) designated SBI to act as the lead bank in four newly constructed districts in Meghalaya. The central bank also assigned State Bank of India (SBI), the district working codes for the purpose of Basic ..

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M. Veerappa Moily is the new Environment and Forests Minister

December 28, 2013

The current Minister for Petroleum and Natural Gas, Marpadi Veerappa Moily, has been assigned an additional charge of the Environment and Forests Ministry after the exit of Jayanthi Natarajan. Ministry of Environment & Forests ( MoEF) The MoEF is the ..

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Year 2014 to bring 8.5 lakh new jobs: Report

December 28, 2013

As per a survey by recruitment platform year 2014 MyHiringClub.com  augurs well for job seekers as more than 8.5 lakh new jobs are expected across various sectors, including FMCG and healthcare. According to the survey based on a study conducted among more ..

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SEBI made fund-raising easier for corporate India and tightened noose on fraudsters

December 28, 2013

In order to raise funds easier for companies through genuine equity or debt offers, the market regulator SEBI approved new norms for its search and seizure operations, settlement proceedings, refund to investors and crackdown on illicit money-pooling schemes. The measures ..

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SEBI: Foreign portfolio investors will be treated on par with FIIs on tax issues

December 28, 2013

In consultation with the Finance Ministry, Securities and Exchange Board of India (SEBI) decided to treat the three categories of Financial Portfolio Investors (FPIs) uniformly for tax purposes. In other words, the new rule aims to bring all foreign investors ..

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Government sanctioned Quadricycle as a new vehicle

December 28, 2013

The road transport and highways ministry sanctioned “Quadricycle” as a new category of vehicle on Indian roads. These vehicles are safer than three-wheelers as they have four wheels with fully enclosed body structure with hard top and doors. After integrating ..

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e-Inclusion: IT Training for Rural Sc/St/Women Beneficiaries’ Project Launched

December 27, 2013

The Government of India launched e-inclusion project to make people e-literate. On this occasion, Minister of Communication & IT, Mr. Kabil Sibal released the handbook titled ‘e-Literacy: Towards Empowering Rural India’ bearing profiles of 50 beneficiaries who have successfully undertaken the ..

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Mr. Mikhail Kalashnikov: Designer of AK-47 ( ''Avtomat Kalashnikova 1947") passed away

December 26, 2013

Mikhail Kalashnikov (94), the Russian gun designer whose AK-47 rifle became the weapon of choice for many national armies and guerrillas around the world, passed away. About AK- 47 ( ”Avtomat Kalashnikova 1947″) Officially known as “Avtomat Kalashnikova 1947”. ’47’ from the ..

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