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301.

Which US Based company will acquire 77% stake in India's largest e-commerce Flipkart for $16 billion?

Answer» US-based retail giant Walmart confirmed that it will buy 77% stake in India's largest e-commerce startup Flipkart for $16 billion. The acquisition, which is the largest e-commerce deal in the world, will value the homegrown startup at a reported amount of $20.8 billion. Notably, SoftBank CEO Masayoshi Son had announced the deal by mistake earlier in the day.
302.

Nasa and ________ have signed an agreement to explore putting flying taxis in the skies over US cities.

Answer» Nasa and Uber have signed an agreement to explore putting flying taxis in the skies over US cities. Nasa will begin simulations for so-called "urban air mobility'' vehicles that also include delivery drones. Nasa says the goal is to create a rideshare network that will allow residents to hail a small aircraft the same way Uber users can now use an app to call a car.
303.

Microsoft becomes the ___________ most valuable firm globally.

Answer» Software giant Microsoft has surpassed Google's parent company Alphabet in market capitalisation for the first time in three years. Microsoft has now become the third most valuable firm globally after Apple and Amazon. Microsoft had a market cap of $753 billion at the close of trading, almost $14 billion ahead of Alphabet. While Apple leads with a market cap of nearly $924 billion, Amazon is at a distant second, with nearly $783 billion.
304.

Which company ties up with BSNL, launches Swadeshi Samriddhi SIM cards.

Answer» Baba Ramdev, Co-founder of Patanjali, launched Swadeshi Samriddhi SIM cards, in alliance with Bharat Sanchar Nigam Limited (BSNL). At the beginning, only the employees and office bearers of Patanjali can avail the benefits of the Swadeshi Samriddhi SIM card. After the full-fledged launch, people can avail a 10 % discount on Patanjali products using this card. A user can recharge for Rs 144, and can make unlimited calls all over India, use 2 GB data pack and send 100 SMSs. The card also offers medical and life insurance covers of Rs 2.5 lakh and Rs 5 lakh, respectively. The covers can be availed only in case of road accident.
305.

IRCTC and __________ partnered for exclusive hotel bookings.

Answer» In order to exclusively power hotel bookings, IRCTC has partnered with the ixigo, a travel marketplace. Under this partnership, wide range of accommodations from ixigo would be available on the mobile and web platforms of IRCTC.
306.

Which Payments Bank launched a Digital Suite products that can be accessed online and through mobile phones with the focus to build the transaction platform?

Answer» Fino Payments Bank launched a suite of digital products that can be accessed online and through mobile phones with the focus to build the transaction platform. Fino had launched its mobile banking app BPay in 2017. The latest initiatives include Unified Payments Interface (UPI), BHIM app - using which customers can access UPI and make P2P payments, net banking, digi savings account which can be opened with only Aadhaar number and PAN card and FasTag for making digital payments at toll plazas on national highways.
307.

India's first, indigenous lithium-ion battery charger has been developed by ___________.

Answer» President Ram Nath Kovind unveiled India's first, indigenous lithium-ion battery charger, developed by Ampere Vehicles in New Delhi. The lithium-Ion charger project is supported by Technology Development Board of the Ministry of Science and Technology as part of the Make-in-India initiative. The unveiling event took place on the occasion of National Technology Day.
308.

__________ has signed MoU with Union Ministry of Mines, setting highest ever target of Rs 9350 crore revenue for financial year 2018-19.

Answer» Central Public Sector Enterprise (CPSE), National Aluminium Company Limited (NALCO) has signed MoU with Union Ministry of Mines, setting highest ever target of Rs 9350 crore revenue for financial year 2018-19. NALCO's revenue target of Rs 9350 crore marks a 15% increment over previous year. In terms of production, target for production of Alumina has been set at 2.1 million tons and for Aluminium production it is 4.15 lakh tonnes. During 2018-19, NALCO will be incurring capital expenditure of Rs.1100 crore, mainly on projects like the 1 million tonne 5th stream of Refinery, wind power projects and modernization & up- gradation of plant equipments.
309.

This company will host the International Rail Coach Expo (IRCE-2018).

Answer» The first-ever International Rail Coach Expo (IRCE) will be held in Chennai, Tamil Nadu from 17th to 19th May 2018 to focus on Rail Coaches and train sets. The expo is being hosted by Integral Coach Factory (ICF) Chennai, under the Ministry of Railways, in coordination with CII (Confederation of Indian Industries) and RITES Ltd. It will be a unique platform to bring different suppliers under one roof and create synergy for "Make in India". The expo will be of interest for train enthusiasts, railway suppliers, designers, developers, and general public. 100+ exhibitors from 10+ countries will participate in this expo. Key brands from rail coach and train sets will be displaying products and exclusive Rail Coach and train sets for the first time in India.
310.

This mobile netrwork has signed a MoU with SAP to jointly offer GST solutions to Indian enterprises.

Answer» BSNL has signed a MoU with SAP to jointly offer innovative GST solutions to enterprises across India. The MoU aims to ensure that every business in the nation successfully adopts GST through BSNL's country-wide reach & SAP's expertise in providing robust technology offerings. The collaboration leverages the capabilities of BSNL as GST Suvidha Provider & SAP as Application Service Provider.
311.

Infosys formed a blockchain-based trade finance network with how many Banks?

Answer» Infosys has formed a blockchain-based trade finance network with 7 private-sector banks, to increase security and efficiency in the banking sector. Blockchain allows all stages of transactions to be securely shared between network members, as opposed to each bank working independently. Lenders currently testing its trade finance network are ICICI, Axis and Yes Bank among others.
312.

Tripura signs MoU with which of the company to boost pineapple export?

Answer» Tripura Horticulture Corporation Limited (THCL) signed a memorandum of understanding (MoU) with Spicejet Merchandise Pvt Ltdto boost pineappe export to provide pineapples to the majority of the country and help the farmers profit ratio. The'Queen' variety of pineapples is considered as the pride of Tripura and approximately, more than 1 lakh metric of 'Queen' and 'Kue' pineapple is produced in Tripura annually. This MOU was done to export the fruit not only to the rest of the country but also to the middle-east. Pineapple is one of the major fruit crops in terms of area and as per the statistics, the productivity of pineapple per hectare is 18.73 tonnes, which is higher than the national average of 15.80 tonnes.
313.

Which software company acquires Magento for USD 1.68 billion?

Answer» The California based giant software company Adobe announced its acquisition of Magento for USD 1.68 billion. Magentowas founded in 2008 and had been earlier acquired by eBay in 2011 first and then went private in 2015. it works in B2B and B2C context and will help Adobe to compete with salesforce and provide functionality in e-commerce space. It works in B2B and B2C context and will help Adobe to compete with salesforce and provide functionality in e-commerce space.
314.

Which becomes the first company to achieve Rs 7 lakh crore m-cap milestone?

Answer» Market valuation of Tata Consultancy Service (TCS) has risen past Rs. 7 lakh crore. It becomes the first company so far to have achieved this goal. The valuation is measured at Rs. 7,03,309 crore. In April TCS became the first company to close trading session with over $100 billionmarket value. Following TCS are : Reliance Industries at Rs. 5, 83,908.87 crore, HDFC bank at Rs. 5,19,654.83 crore, HUL at Rs. 3,42,244.47 crore , ITC at Rs. 3,30,919.46 crore.
315.

This IT firm acquires WongDoody Holding Company for $75 Million recently.

Answer» Infosys has completed the acquisition of WongDoody Holding Company, a US-based digital creative and consumer insights agency, for a total consideration of upto $75 million. Founded in 1993, WongDoody has clients across industries like telecommunications, consumer electronics, healthcare and consumer packaged goods.
316.

This company signed MoU With Maharashtra To Promote E-Mobility.

Answer» Tata Motors (India's largest automobile company by revenues) signed a MoU with the State Government of Maharashtra for deployment of 1000 Electric Vehicles (EV) across its range of passenger and commercial vehicles in the State. The company also partnered Tata group company, Tata Power Ltd to set up of EV Charging Stations in the State. The MoU boosts the Maharashtra Electric Vehicle Policy 2018 in accelerating the adoption of EVs in Maharashtra.
317.

Which Indian software company signed collaboration agreement with JDA Software for development, product support, go-to-market initiatives for JDA's commerce, SofTechnics and pricing revenue management solutions?

Answer» The agreement is in lines of development, product support, go-to-market initiatives for JDA's commerce, SofTechnics and pricing revenue management solutions. The aim of the agreement is to provide a seamless customer experience. HCL will work on product development and inclusion of technology in supply chain and in retail applications for the JDA customers.
318.

Which financial services reported that India would become a leader in shared mobility by 2030?

Answer» The global financial services major Morgan Stanley reported that India would become a leader in shared mobility by 2030. This improvement would be caused by the increasing amount of electric and autonomous vehicles being used. This would increase the shared miles by 35% to 50% of all miles travelled in India by 2040.
319.

Name of the company which hired Daniel Danker as its head of driver product.

Answer» Uber Technologies Inc has hired Facebook Inc product director Daniel Danker as its head of driver product. The company is also searching for a chief financial officer who can help take the company public in 2019. The CFO position has been vacant since 2015.
320.

With which payment service Ola join hands to allow riders to book rides using the former's payment platform?

Answer» Flipkart-owned PhonePe has partnered cab aggregator Ola that will allow riders to book rides using the former's payment platform. With this partnership, users can enjoy the ease of using their preferred ride-sharing app from within PhonePe while being assured of the reliability and integrity of their payments. PhonePe has also added 'Auto-pay' feature that allows users to make payments seamlessly.
321.

Name of the company which plans to establish India's first carbon fibre manufacturing unit to cater the aerospace and defence sectors.

Answer» Reliance Industries said that, it is investing in establishing India's first carbon fibre manufacturing unit to cater the aerospace and defence sectors. Reliance Industries will also make low-cost and high-volume composite products such as modular toilets, homes and composites for windmill blades and rotor blades. Reliance Industries has not revealed its investment details. It has said in its annual report that, it has developed capabilities for 3D printing of wide-range of plastic and metals products. Reliance Industries is enhancing its petrochemicals business to capture Rs30,000 crore composites market. It has planned to manufacture graphene, enhanced plastics and elastomers, fibre reinforced composites that can replace steel. The focus areas are: wind mill blades and parts for railways and metros, which have exacting standards of performance and safety (especially fire retardant).
322.

NSDC and __________ join hands to train over 10,000 youth under Pradhan Mantri Kaushal Vikas Yojana.

Answer» Muthoot Fincorp Limited announced its partnership with National Skill Development Corporation (NSDC). Under the scheme, Muthoot Fincorp targets to train over 10,000 people over the next three years and make them job ready under Pradhan Mantri Kaushal Vikas Yojana. NSDC has approved a target of 3,000 candidates in the first year and 3,500 each in the subsequent two years.
323.

Name of the company which acquired Flipgrid an app that lets students record and share videos on specific topics with their classmates.

Answer» Microsoft has acquired Flipgrid, an education start-up with an app that lets students record and share videos on specific topics with their classmates. Microsoft is making Flipgrid free of charge. Schools that already have subscriptions will receive prorated refunds. The acquisition comes one and a half years after Microsoft announced a partnership with Flipgrid.
324.

Name of the skill development organisation which plans to set 24 labs in Mumbai and Vizag is;

Answer» The Centre of Excellence in Maritime & Shipbuilding (CEMS), a well-funded start-up in skill development for maritime and shipbuilding sector, has announced setting up of 24 labs -6 in Mumbai and 18 in Vizag campus. The announcement was made in the first seminar on Competencies, Employability, Methodology and Skills organized by CEMS in Mumbai. CEMS aims to build competency in the field of maritime & shipbuilding sector through skill development in the latest manufacturing technologies for shipbuilding/ repair and ancillary sectors.
325.

This company signed an agreement to acquire Bonsai.

Answer» Microsoft announced that it has signed an agreement to acquire Bonsai, an artificial intelligence (AI) startup based in San Francisco, to boost its AI and machine learning capabilities. Based in Berkeley, California, Bonsai was founded in 2014 and has around 42 employees.
326.

With which company, Kerala government signed a MoU for digital hub?

Answer» Nissan Motor signed a Memorandum of Understanding (MoU) with the Government of Kerala to establish a new global center for its digital operations in India. The Nissan Digital Hub in Kerala will serve as an important engine to drive Nissan's global digital transformation. The hub also seeks in transforming Nissan's global business by placing digital technology at its operations and service. For this project, the Kerala government has provided 70 acres of land to Nissan to set up the digital hub at the Technocity campus, Pallipuram.
327.

Which company has acquired German IT and engineering services provider H&D International Group?

Answer» HCL Technologies has acquired German IT and engineering services provider H&D International Group. Through this deal, HCL Tech will attain significant in-country front office and delivery capabilities, which will further enhance its domain expertise in the global automotive sector. The H&D Group, one of the largest IT service providers in the German automotive industry, has extensive expertise in SAP, computer-aided technologies (CAx), engineering services and customer-specific product development.
328.

This company ties up with Oxigen Services India Pvt. Ltd to establish the distribution of its insurance products at Oxigen retail outlets.

Answer» IndiaFirst Life Insurance Company Limited, a joint venture between Bank of Baroda, Andhra Bank and Legal and General (UK), has announced its tie-up with Oxigen Services India Pvt. Ltd., to establish the distribution of its insurance products at Oxigen retail outlets.
329.

Which has become the first oil public sector undertaking (PSU) to adopt an online legal compliance?

Answer» Numaligarh Refinery Ltd (NRL) in Assam has become the first oil public sector undertaking (PSU) to adopt an online legal compliance system by introducing 'Legatrix'. This initiative will boost up NRL's contribution towards the Digital India Mission and induce a greater transparency in its operations.
330.

This company agreed to a 50-50 joint venture with Germany's Thyssenkrupp to create Europe's second-largest steel company after Lakshmi Mittal's ArcelorMittal.

Answer» Tata Steel clinching joint venture (JV) with Thyssenkrupp to create new European steel giant, the combined strength would enhance sustainability of steel business. The new steel company will have a total workforce of 48,000 employees spread across 34 sites, producing about 21 million tonnes of steel a year with revenues of around Euro 15 billion. The joint venture will create a strong pan-European steel company that is structurally robust and competitive.
331.

Which company has acquired Saudi Arabia's Flyin to expand their business in the Middle East and North Africa (MENA) region?

Answer» The combined company will have over 60 per cent market share throughout the Middle East and improved profitability due to better unit economics and larger scale of operations. The company, however, did not give any financial details of the acquisition. The transaction, the largest in the travel space in MENA region, will offer Cleartrip a wider outreach and a larger client base in an adjacent market, providing economies of scale as well as enhanced competencies and regional knowledge.
332.

Which Financial services company is named as India's top investment bank for equity issuances by private sector companies?

Answer» IIFL is India's top investment bank for equity issuance by private sector companies as per report of Prime Database Investment Bankers League table for FY 2017-18. During the financial year 2017-18, IIFL completed twenty seven investment banking transactions including eleven IPOs (Initial Public Offers) and eight follow-on transactions involving top listed companies. The list of IPOs includes ICICI Lombard General Insurance, HDFC Life, Reliance Nippon Life Asset Management, Future Supply Chain, Shalby Multi-Speciality Hospitals, Indian Energy Exchange, Security & Intelligence Services, Dixon Technologies and Capacite Infraprojects.
333.

Which airlines in India removed 'Taiwan' from its website due to China's pressure?

Answer» Air India has changed its reference to Taiwan on its website to 'Chinese Taipei' after pressure from China, which does not recognize Taiwan as a separate country. Global airlines including British Airways, Lufthansa and Qantas now refer to Taiwan as a part of China on their websites. Air India was given an extension till July 25 to make the necessary changes. About Taiwan:- Taiwan, officially the Republic of China (ROC), is a state in East Asia. Its neighbors include the People's Republic of China (PRC) to the west, Japan to the northeast, and the Philippines to the south. Capital - Taipei. Taiwan was returned to Nationalist Chinese control in 1945 following Japan's defeat in World War II.
334.

This company signs MoU with Tamil Nadu for greenfield plant to boost the State's tyre manufacturing capacity.

Answer» Tyre major CEAT, the flagship company of the RPG Group, signed a MoU with the Tamil Nadu State government to invest Rs.4,000 crore in a greenfield plant in Sriperumbudur near Chennai to boost the State's tyre manufacturing capacity. This plant would boost its capabilities in the motorcycle and car tyre segments. The company would start with car radial tyres, with an initial capacity of around 250 tonnes per day. CEAT has acquired 163 acres of land by itself for the project. The financial incentives for the project have been the approved by the State Cabinet.
335.

Which company has promoted its head of digital business Rajan Kohli as a president?

Answer» Wipro has promoted its head of digital business Rajan Kohli as a president. Rajan Kohli has joined 7 other presidents of Wipro now. He will report to chief executive Abidali Neemuchwala. He will continue as the global head of Wipro Digital. Wipro also promoted 4 other executives as senior vice presidents.
336.

Siemens PLM Software and __________ developed the open cloud-based IoT operating system called MindSphere.

Answer» Infosys has partnered with Siemens PLM Software to develop applications and services for the open cloud-based IoT operating system called MindSphere. The partnership would help customers to use the power of data generated by their devices and improve competitiveness in the digital world. The initial focus will be on customers in the manufacturing, energy, utilities, healthcare, pharmaceutical, transportation and logistics industries. Data analytics will enhance efficiencies through capabilities like predictive maintenance and end-to-end factory visibility.
337.

Which mobile company plans to set up the world's largest mobile factory at Uttar Pradesh?

Answer» Samsung has set up what is the world's largest mobile factory at Sector 81 in Noida, Uttar Pradesh. Not just mobiles, the expansion of current facility will double Samsung's production capacity of consumer electronics like refrigerators. Samsung is currently making 67 million smartphones in India & with the new plant being functional, it is expected to manufacture nearly 120 million phones.
338.

Name of the company who partners with Ukraine's Zorya to revamp Warship Turbines.

Answer» Bharat Heavy Electricals Ltd (BHEL) is setting up a joint venture (JV) in India with the manufacturer, Zorya Mashproekt, to overhaul turbines, to power Indian Navy warships. The Indian navy will soon have 34 warships driven by Zorya turbines, with four turbines per vessel, adding up to 136 in-service turbines.
339.

The Department of Telecommunications approved the merger of Idea Cellular and __________ to create the country's largest mobile services operator.

Answer» The Department of Telecommunications (DoT) approved the merger of Vodafone India and Idea Cellular which will create the country's largest mobile services operator. The department has asked Idea Cellular to pay Rs. 3,926 crore in cash for Vodafone's spectrum and furnish a bank guarantee of Rs. 3,342 crore. The combined operations of Idea and Vodafone will create the country's largest telecom operator worth more than over Rs. 1.5 lakh crore, with a 35% market share and a subscriber base of about 430 million.
340.

Recently, __________ and BBMP signed a MoU for the infrastructure project.

Answer» The Hindustan Aeronautics Limited (HAL) and Bruhat Bengaluru Mahanagara Palike (BBMP) signed a MoU for facilitating the right of use of land for the corridor for the proposed signal-free corridor from Vellara junction to Hope Farm Junction. HAL handed over 3,100 sq.m. to the BBMP for the 17.5-km signal-free corridor. The estimated cost for the signal-free corridor is Rs. 109.5 crore. It is being constructed with funds from the Nagarothana scheme. The project will take around five months for the underpasses to be completed.
341.

Name of the company which plans to set up two plants in Sri City, Andhra Pradesh.

Answer» Toray Industries (India) Private Limited, a Japanese major producing industrial products, has started the construction process for its new facility at Sri City in Andhra Pradesh. It is the 20th Japanese company in Sri city. The facility will come up on 85-acre land at an initial investment of about Rs.1,000 crore. The company will have two plants. A polypropylene (PP) spunbond plant that will produce advanced technical textile Meditech used in diaper manufacturing and an engineered plastics resin compounding plant that will make raw materials for electrical components in automobiles and electrical and electronic connectors.
342.

Rajasthan government signed a Mou with this company to provide free digital training to 9,500 college students in one year.

Answer» Microsoft has signed an MoU with the Rajasthan government to provide free digital training to 9,500 college students in one year. The initiative was taken for the enhancement of digital learning and capacity building of college students in the state. Microsoft will also train educators from government colleges through the Microsoft Innovative Educator Programme, building capacity for innovative use of Information and Communications Technology (ICT) in the classroom.
343.

L&T will inagurate a new second production line for BRAHMOS Transport Launch Canister (TLC) in __________.

Answer» L&T Defence, the defence arm of engineering, technology and construction major Larsen & Toubro (L&T) announced the inauguration of a new second production line for BRAHMOS Transport Launch Canister (TLC) at Ranoli, near Vadodara , Gujarat. Its main objective is to cater the serial production requirements of BRAHMOS Supersonic Cruise Missile System. The second production line was inaugurated in the state of Gujarat to manufacture canisters designed for storage, transportation and launch of BRAHMOS missiles. The unit would manufacture canisters and airframes for BrahMos missile that can be launched from land and sea.
344.

How many jets have purchased by Vistara from Boeing, Airbus?

Answer» Indian carrier Vistara has agreed to buy 13 Airbus A320neo family aircraft and six Boeing 787-9 Dreamliners, at a combined value of $3.1 billion at list prices, as the Tata Sons-Singapore Airlines joint venture prepares to commence international operations. The airline will induct the A320neos between 2019 and 2023 and will use them for domestic and short-haul international flights. The Dreamliners will be delivered between 2020 and 2021 and will be deployed for medium- and long-haul flights.
345.

Who opened India's first exquisite air-conditioned bed space dormitory?

Answer» Kochi Metro Rail Limited (KMRL) will open India's first exquisite air-conditioned bed space dormitory. The fully air-conditioned rooms are equipped with locker facility, free WiFi, round-the-clock check-in and check-out facility and security cameras. It was inaugurated by Kochi's Mayor Soumini Jain.
346.

India's first hypercar 'Shul' was unveiled by __________

Answer» At the 2018 Goodwood Festival of Speed, Vazirani Automotive has unveiled India's first turbine-electric hypercar called 'Vazirani Shul'. This car is propelled by four separate electric motors located beside every wheel, hence enabling torque vectoring. It has a regenerative braking technology that transfers power to the battery whenever the brakes are applied.
347.

__________ signed a MoU with Saab for jointly marketing the L-Band 3D Air Surveillance Radar.

Answer» Defence undertaking BEL has signed a memorandum of understanding (MoU) with Saab, Sweden for jointly marketing the L-Band 3D Air Surveillance Radar, RAWL-03. Bharat Electrical Limited (BEL) is engaged in the design, manufacture & supply of radars such as like weapon locating, surveillance & communication systems. RAWL-03 will be offered in both ship-borne and land-based configurations.
348.

This company had signed a partnership with French energy company Total to develop a digital innovation centre in India.

Answer» Tata Consultancy Services (TCS) announced that, it had signed a partnership with French energy company Total to develop a digital innovation centre in India. The digital innovation centre will be based in Pune. It will focus on the use of digital technologies to enhance various aspects of the refining business. The partnership will be based on the TCS concept of "entrepreneurship-in-residence". Total will work with technology and domains experts of TCS.
349.

Name of the firm which become the second company to hit $900 Billion valuation.

Answer» E-commerce giant Amazon briefly crossed $900-billion market cap for the first time in its history becoming only the second company after Apple to achieve this milestone. This comes after Amazon announced it sold over 100 million products during its Prime Day sale. Apple is currently the world's most valuable company with a market cap of $935 billion.
350.

This company has acquired Zopper Retail recently.

Answer» Flipkart's digital payment subsidiary PhonePe has acquired Zopper Retail - a hyperlocal Point of Sale (POS) platform for small and medium businesses. The acquisition is a part of the company's strategy to aggressively ramp up its offline business. Zopper's CEO Neeraj Jain and the engineering leadership team has joined the team of PhonePe after the acquisition.