Banking Affairs June 2015

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Current Banking-June 2015
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China made world first facial recognition ATM. Made by
Tsinghua University and Tzehwan Technology.
Income tax return form now only of 3 pages earlier it was of
14 pages.
RIL becomes India most profitable firm. Earlier it was
ONGC. Now (1) RIL (2) TCS, Tata (3) ONGC.
HDFC bank ranked 74 is the only Indian brand in world top
100. (1) Apple (2) Google (3) Microsoft (4) IBM (5)
Facebook.
Snapdeal started pay by debit. Credit card in 200 cities.
Pawan Mujal made chairman MD and CEO of Hero motto.
His 92 yrs old father Brijmohan Munjal will be now
emeritus chairman.
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RBI capped Rs. 10 lakh per annum pay for directors of
banks. This is for nonexecutive directors.
Emami company buys kesh kingh in Rs. 1651 crore.
George Kurian of Bangluru made CEO of Net App a US
com. Earlier his twin brother Thomas Kurian made
President of Oracle.
Repo rte cut of 0.25% or 25 base point done by RBI. Now
new rapo rate is 7.25%.
Sanjay Gupta made CMD of EIL (Engineers India Ltd.)
Kaaryah.com is a online retail firm for women fashion.
Recently in news when Ratan Tata bought stake in it.
WTO dismiss Indian government ban on American
Chickens.
SEBI fines NDTV (New Delhi Television) Rs. 2 crores for
late disclosure of information about Rs. 450 crore income
tax notice the company received in February 2014. Told 3
month late to stack exchange of India.
HSBC will pay $3 million as settlement in Swiss bank
money laundering.
Jindal will bake 400 million dollar steel plant in
Majamblque, Africa.
World first full skull-scalp transplant done on Texas, USA
man James Boysen a computer software developer.
R. Seshasayee made new nonexecutive chairman of Infosys.
Will replace K.V. Kamath.
CCI fined GSK and Sanofi Rs. 64 crore for conclusive
bidding in supply of meningitis vaccine for government of
India.
Greg Penner will be new chairman of wal mart. Will replace
Rob Walton wal mart of US in No. 1 retail of the world.
Remittance of Kerala NRIs crossed Rs. 1 lakh crore in
2014-15 was Rs. 93884 crore last year. An increase of 17%
of total.
Bangladesh offered 2 special economic zones to Indian
companies in Bangladesh after Modi visit.
Spice Jet will take UP train passenger who not get confirm
tickets by slowing add forer, deal between spice Jet and
IRCTC.
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Bollywood film PK did 100 million yuan business in China.
Sahara will sell its London Hotel to Reuben brother of
Mumbai. David & Simon Reuben are joint CEO of reality
firm Reuben brothers.
NCDRC (National consumer Disputes Redressal
Commission) said Unitech to pay 12 percent for flat delay to
consumers. Vistas Gurgoan launched in 2009-10 promise to
delivery in 36 month not delivered yet.
Reserve bank of India allowed banks to take control of debt
laden companies by converting loans into equity.
NEEPCO (North Eastern Electric Power Corporation
Limited) CMD P.C. Pankaj won Bharat Gaurav Award.
Chettinad group head MAM Ramaswamy disowned his
adopted son M A M R muthiah. Named his cousin A.C.
Muthiah as his custodian of all his wealth.
India biggest multiplex firm PVR buy DLF DT cinema in
Rs. 500 crore.
ICICI bank new chairman will be M.K. Sharma as K.V.
kamnath going to head new Development bank (BRICS
Bank). Sharma is former vice chairman of Hindustan
Unilever limited.
Apple music app launched by Apple company will include a
24 x 7 radio station Beats 1 will personal playlist choice.
NAN is the baby food brand by Nesle. Maggie is also of
Nestle.
Railway announced to refund 50% on tatkal ticket
cancelation.
Construction port project of Vizhinjam port given to Adami
bnebid. Vizhinjam port is in Kerala.
Railway get Rs. 30,000 crore grant from ministry of finance
for SRSF (Special Railway Safety Fund)
Hero corp. is title Sponsor of CPL (Carribean Premier
league)
NMDC (National Mineral Development corporation) got
2015 India pride award in mining category. CMD of NMDC
is Narendra Kothari.
Foxconn of Taiwan willing to make iphone of Apple in
India.
TCS, Infosys under H-1B visa violation probe in USA.
Russia oil company Roseneft will buy 50% stake in Essar
oil ltd.
Reliance will launch Muji Japanese brand of stationary
clothing etc. in India.
BSNL will set up 40,000 wi-fi hot spot of Rs. 6000 crore up
to 2018. Ravisankar Prasad is Present Telecom minister.
ADB (Asian Development Bank) raises India lending by
50%
Government will sell 3 percent stake of Bharat Petroleum
Adobe launches free photoshop app for android named
shape CC, Brush CC and Colour CC.
info@newparameter.com / 95-55-00-77-88
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Rakesh Singh steel secretary takes additional charge of
SAIL Chairman.
HDFC launched a 10 second loan plan for its existing
customers.
C.P. Delhi is India’s costliest office market and 5 th costliest
in the world. No. 1 in world is London west end.
An Indian origin Nikesh Arora made Present of Japanese
Softbank corporation a telecommunication company. Paid
$135 million for 2014 by the company.
India now world most favored emerging market for global
investors, Now China second and Poland Hired. According
to bank of America merill lynch survey.
Soft bank will invest 20 billion dollars in India in solar
Energy.
Brijesh and Raju Saroj of Pratapgarh district recently in
news when they crack IIT despite acute poverty of parents.
Rs. 500 crore plan given by centre government to Ayush
ministry for promotion and research on Yoga.
UAN (Universal Account Numbers) now mendatory for all
account holders of employees provident Fund organization.
SBI announced to add 10 lakh card swipe machine in
market.
Paytm announced to in Rs. 100 crore in cloud network.
$84.3 million salary MS Satya Nadella highest paid CEO.
Centre tell Bihar, Tamil Nadu and Rajasthan to give milk in
MDM (Midday Meals). Karnataka & MP have already milk
in MDM.
Bharti Enterprises buy stake in satellite internet startup one
web.
Mybank is an internet bank launched by Alibab firm of
China.
SCPPL (Sabang communications and publishing Pvt. Ltd.)
is an NGO of socialist Teesta Sitalvad. Home affairs
ministry ordered CBI enquiry for its foreign funding.
BSNL set up mobile tower at 16000 feet altitude in Ladakh
area of J & K.
India will be No. 2 partner in newly formed Asian
Infrastructure Investment Bank in Beijing China is no. 1.
There are total 57 members in the bank.
Facebook India user base touches 125 million.
A 24 hours. Validity will have of E-filing or I.T. department
password. Announced by the government.
DEMU (Diesel electric multiple unit) train flagged of
between Delhi and Baraut.
info@newparameter.com / 95-55-00-77-88
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