BUSINESS AND ECONOMY


Monthly “BUSINESS AND ECONOMY” Current Affairs May 2016  pdf like pocket points .
ePaisa spins its digital wallets business into a new mobile application MasterWallets
Reliance Defence inks pact with 3 Ukrainian state firms
India ranks on 5th Place in forge goods trade, China on Top in the list
Paytm partners Wipro for Payments Bank
Airtel, GBI announce partnership for West Asia
Halliburton, Baker Hughes end $28 billion merger deal
IMF retains India growth forecast at 7.5% for 2016-17
Zone Startups to launch accelerator for women entrepreneurs
Apollo Hospitals signs MoU with Osler Health for research in chronic disease
Reliance Defence gets 15 new defence licences
Dell-EMC merger to be called Dell Technologies
Realty firms to build IT-SEZ in Pune with 1k crore
Uber lets Chinese users pay via Alipay globally
Amazon surprises with new reef system
Google to partner Fiat Chrysler for self-driving
Reliance gets approval for Bangladesh power plant
Jindal brothers sign 6,500 crore power deal
CarDekho acquires virtual reality start up Volob Technologies
India has secured ninth position in the 2016 Foreign Direct Investment Confidence Index.
The National Stock Exchange (NSE) is all set to launch a new trade receivable and credit exchange platform for micro, small and medium enterprises (MSMEs).
USFDA approves Aurobindo Pharma cholesterol drug
Snapdeal acquires Targeting Mantra
Titan to acquire e-jewellery store Carat Lane
Flipkart to launch its own map services
India ranks ninth among crony capitalist nations
Snapdeal ties up with Urban Clap to offer personal services on its Android app
Food grain output seen flat at 252.23 million tonnes this year
Bombardier plans to invest Rs 230 crore in Gujarat unit
Walmart sues Visa on PIN-based transactions
Quikr acquires on-demand beauty startup Salosa
On-demand truck platform Moovo acquires GoGoods
Malaysian firm to buy 30% stake in GMR Energy
Reliance Jio launches wallet service JioMoney
Nalco signs MoU with BARC for research and development
Gold-plated car worth $1 Million displayed in Dubai
On-demand driver startup DriversKart buys Driven
Airtel launches ‘Platinum 3G’ in Assam
Hero MotoCorp enters into motorcycle racing
Retail inflation rises to 5.39% in April
India’s e-commerce tripled from 2010 to 2014
India’s 1st startup hostel launched in Bengaluru
Alibaba, Softbank form cloud-computing venture “SB Cloud”
India’s GDP likely to expand by 7.7% in FY17: NCAER
India 3rd in renewable energy attractiveness
The Employees Provident Fund Organisation (EPFO) disbursed Rs.8, 200 crore as monthly pension and Rs.47,630 crore as member benefits in 2015-16.
Reliance Communications makes payments easy
Amazon may expand its new private-label goods
Google may face record $3.4 billion EU antitrust fine
Nintendo CEO TatsumiKimishima has said that the video game company will release feature-length films in the near future.
8 Asia-Pacific low-cost airlines form alliance
The Wholesale Price Index (WPI)inflation positive for 1st time in 18 months
Facebook Messenger blocked in Saudi Arabia
Mphasis partners Tone Tag for digital banking solutions
Capgemini launches digital literacy centre in Navi Mumbai
NTPC forms joint venture with Coal India
Oracle’s Catz becomes top-paid female exec in US
Penguin brings mobile bookstore to India
MakeMyTrip allows users to buy foreign currency
 Pfizer to buy Anacor Pharma in $5.2 billion deal
Ola signs MoU with govt. to benefit ‘Safai Karamcharis’
Oppenheimer Blue diamond sells for world record
Dell raises $20B in 2016’s 2nd biggest bond sale
Honda partners with IndusInd Bank for two wheeler financing
Nomura exits mutual fund JV with LIC
Ratan Tata invests in chatbot startup Niki.ai
SEBI tightens P-Note norms to check money laundering
ITC aims for 8 new food plants, to invest Rs 4,000 crore
Samsung Electronics ties up with Alibaba Group holding to automate Alipay gateway
Government to auction 2,000 megahertz of spectrum
Nokia name to return to mobile phones after licensing deal
GMR to invest Rs 471 crore to set up LNG terminal on east coast
Pune is best value-for-money destination for five-star hotels in India: Report
FPIs invest Rs.1.8k crore in equity markets in May
Reliance Communications extends merger talks with Aircel
Apple Opens Development Office for digital maps in Hyderabad
 Google to set up Startup Incubator within Premises
RBI Should Be Allowed To Take Its Own Decision: Raghuram Rajan
3D CAD firm Onshape launches its operations in India
P2P lending website Faircent launches eSign facility with eMudhra
PM Modi In Iran: 12 Agreements Signed, Including Chabahar Port
US House of Representatives passes bill for greater defence ties with India
India, Oman signed 4 MoUs/Agreements on defence cooperation
Infosys bags 5-year deal from Commerce bank
TinyOwl shuts operations in all cities except Mumbai
Anand Mahindra invests in women’s platform SheThePeople.TV
Indian Economic Growth Seen At 7.8% In 2017: Deutsche Bank
Facebook acquires VR audio startup Two Big Ears
Mobile wallet companies Paytm, MobiKwik and Oxigen diversifying to combat UPI threat
FDA cancels licences of 181 food joints in Thane
NALCO signs MoU with Iran to set up smelter plant in Chabahar
India, Iran and Afghanistan sign historic land transit trade agreement
Electric announces deals worth over $1.4 billion with Saudi Arabia
Toyota invests in Uber to explore ride-sharing
Lohia Auto Industries ties up with IndusInd Bank
Auto posts 29% rise in profit to Rs.803 crore
Amazon refunds policy change: Returns no longer possible for electronics
HAL signs pact with BEL to develop airborne communication
BHEL commissions 800 MW supercritical thermal unit in Karnataka
EPFO doubles insurance for subscribers to Rs 6 lakh
HFCL gets government loan waiver of over Rs 9,000 crore
Cabinet approves 1st ever Capital Goods Policy
Intel unveils new ‘Digital India’ initiatives
Morgan Stanley cuts Flipkart valuation to $9.4bn
Fitch projects India’s GDP growth at 8% by FY19
Wipro CEO Neemuchwala earns Rs12 crore in first year
RBL Bank to launch scheme for fintech entrepreneurs
Ola launches luxury cars category in Mumbai
Tata Group launches e-commerce platform
Google wins $9bn Java copyright case with Oracle
Complaints against Snapdeal, Amazon ads upheld
Foreign Portfolio Investors (FPls) pull out Rs.6k crore from debt markets in May
Intel buys self-driving car tech startup Itseez
Hyderabad Angels invests Rs 15 crore in 12 start-ups in 2015-16
Freshdesk opens new office in Berlin
Coal India increases coal prices by 6.29%
Saudi best emerging market for deals: Citigroup
Government to sell off 14 ITDC hotels
“.game” domain officially opens for registration
Sachin launches his clothing brand ‘True Blue’
FDI inflows rise 29 %
SandeepGoyal raises Rs.100 crore for tech startups
Flipkart starts zero-interest EMI on electronics
DLF to sell 32 screens to PVR for Rs.433 crore
BSE plans to sell up to 30% stake within 2016-17
Snapdeal opens data sciences centre in the US
ONGC Videsh Ltd (OVL) signs pact with SOCAR Trading for oil trading
Railways to set up KalpanaChawla Chair with PEC university
Homeland security dialogue: India, US likely to sign key agreements in July
JICA extends Rs.1,548 cr loan for healthcare in TN