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401.

With which company NITI Aayog and Tata Institute of Fundamental Research set up a Model International Center for Transformative Artificial Intelligence (ICTAI)?

Answer» NITI Aayog, Intel and Tata Institute of Fundamental Research (TIFR) are collaborating to set up a Model International Center for Transformative Artificial Intelligence (ICTAI). The collaboration aims to bring together fundamental and applied research, innovation and technology development to solve important problems. The ICTAI will work towards developing and deploying artificial intelligence based research projects in critical domains such as healthcare, agriculture, smart cities and mobility.
402.

Who has acquired JP Morgan's real estate fund management platform in India?

Answer» Apollo Global Management, alternative asset managers, has acquired JP Morgan's real estate fund management platform in India. JP Morgan's real estate fund management platform consists of 2 funds of vintage 2007 and 2014 with aggregate assets under management of about $300 million. These funds have 14 investments in 6 cities and 10 joint venture partners. After this acquisition, some JP Morgan's members handling real estate fund management platform in India will be integrated into Apollo Global's on-ground team. This deal is claimed to be the largest transfer of a fund manager in the Indian real estate industry.
403.

India Post Payments Bank has partnered with this for creating a payments acceptance network for unorganized retail.

Answer» India Post Payments Bank (IPPB) has partnered with Financial Software and Systems (FSS) for creating a payments acceptance network for unorganized retail including small merchants and kirana stores where consumers can make payments. FSS a payments technology company to ensure that micro-merchants are able to accept payments over any channel - online, unified payments interface (UPI), quick-response (QR) codes, Aadhaar and IPPB accounts.
404.

Who starts India's 1st railway varsity operations in Vadodara?

Answer» The first of its kind university in the country in the transport sector, the National Rail and Transportation Institute (NRTI), started operations. Currently, it is functioning out of the National Academy of Indian Railways, Vadodara. It is by ministry of railways, with University of California, Berkeley and Cornell University as its international partners, the university started with two undergraduate courses - BSc Transportation Technology and BBA Transportation Managements- with 50 students each.
405.

Which company has inked deal with Australian Open as official digital innovation partner?

Answer» Software major Infosys has recently signed a 3-year partnership with the Australian Open as its official digital innovation partner. The partnership is about creating new ways of experiencing the Australian Open. As per agreement, Infosys will leverage its expertise in emerging technologies like Big Data and Analytics, Artificial Intelligence as well as Virtual and Augmented Reality, to provide unique, innovative and engaging experiences for fans. However, the financial details of the deal were, not disclosed. Tennis Australia is the governing body of tennis in Australia, promoting and facilitating participation the sport at all levels, as well as conducting national and international tournaments and events.
406.

Which mobile company has opened its biggest experience centre in Bengaluru, Karnataka?

Answer» After launching the world's largest mobile phone-manufacturing factory in Noida in July 2018, Samsung has now opened its biggest experience centre in Bengaluru, Karnataka. Opera House, the 33,000 sq ft iconic building in the city's central business district, has been given a facelift to showcase Samsung's mobile devices and other consumer electronic products. It has a service centre for phones and is equipped with high-speed public Wi-Fi. A customer will be able to enjoy VR experiences such as the 4D sway chair or the Whiplash Pulsar 4D chair that makes 360 degrees three-dimensional movements.
407.

Unlimit, end-to-end IoT service provider partners with which telecommunications company for providing IoT/M2M Services in India?

Answer» Unlimit, end-to-end IoT service provider in India announced its partnership with State-owned Bharat Sanchar Nigam Limited (BSNL) to offer comprehensive Internet of Things (IoT) solutions and services to the enterprise customers across India. The partnership between Unlimit and BSNL will leverage seamless wireless network footprint pan India to provide its solutions and services across industries. The partnership between Unlimit and BSNL will leverage seamless wireless network footprint pan India to provide its solutions and services across industries.
408.

This company is planning to set up a ₹40,000-crore petrochemicals plant at Rasayani in Raigad District of Maharashtra.

Answer» Bharat Petroleum Corporation Limited (BPCL) is planning to set up a ₹40,000-crore petrochemicals plant at Rasayani in Raigad District of Maharashtra. BPCL to manufacture polypropylene (PP) and polyethylene at this plant. The company also plans to shift its LPG bottling plant, storage facilities and bitumen plant to Rasayani, 60 km away from its Mumbai plant.
409.

Which company was awarded the Best WiFi Service Provider award at the My India WiFi India Summit & Awards 2018?

Answer» My India WiFi India Summit & Awards 2018, was held on 6th September 2018, in New Delhi. Winners for various categories was announced: Best WiFi Project led by Woman - Ms. Sushma Mishra, BSNL. Best WiFi Service Provider (East) - BSNL. Best WiFi Service Provider (South) - BSNL. Best WiFi Service Provider (North) - BSNL. Best WiFi Service Provider - BSNL.
410.

This company has signed an agreement to acquire Fluido in a deal worth over Rs.545 crore.

Answer» Infosys has signed a definitive agreement to acquire Fluido in a deal worth up to €65 million (over Rs.545 crore). Fluido is one of the largest and longest-tenured independent Salesforce Platinum Consulting Partners in Europe and an Authorised Salesforce Training Delivery partner in the Nordics. This deal is expected to close in 2019. This acquisition strengthens the position of Infosys as a leading Salesforce enterprise cloud services provider and enhances its ability to provide clients with an unparalleled cloud-first transformation.
411.

Which airlines is to recruit Saudi women as co-pilots, for the first time, after lifting the ban against women motorists?

Answer» For the first time ever, Riyadh-based carrier Flynas has announced to recruit Saudi women to work as co-pilots and flight attendants. This move is after the kingdom lifted a decades-long ban on female motorists. After the announcement, nearly 1,000 Saudi women have applied for co-pilot positions with Flynas. In the month of June, Saudi Arabia ended a long-standing ban on women driving cars as Crown Prince Mohammed bin Salman seeks to improve women's participation in the workforce.
412.

Reliance Infrastructure has sold its Mumbai city power distribution business to Adani Transmission Limited (ATL) for __________.

Answer» Reliance Infrastructure has sold its Mumbai city power distribution business to Adani Transmission Limited (ATL) for Rs.18,800 crore. Reliance Mumbai Metro is a marquee project. This acquisition makes ATL, the largest deal in the Indian power sector till date. It is presumed that the profitability of Reliance Infrastructure will not be affected on the whole. Reliance Energy had an EBITDA of around Rs.1,500 crore, which would reflect in lower EBITDA for Reliance Infrastructure after this deal.
413.

Mahindra & Mahindra (M&M) announced to become a carbon neutral company by which year?

Answer» Mahindra & Mahindra (M&M) announced that it aims to become a carbon neutral company by 2040 with focus on energy efficiency and usage of renewable power. This decision was stated by chairman Anand Mahindra at the Global Climate Action Summit at San Francisco. The goal of carbon neutrality is to achieve a zero carbon footprint. M&M is to work along with the Environmental Defense Fund (EDF), an international non-profit organization, to fulfil the carbon neutrality commitment. EDF works with leading companies to raise the bar for corporate sustainability leadership.
414.

This company has signed two agreements with the NITI Aayog and BSNL to speed up its Country Digital Acceleration programme in India.

Answer» Cisco, a U.S.-based firm, that makes networking telecommunications equipment, has signed two agreements with the NITI Aayog and Bharat Sanchar Nigam Limited (BSNL) to speed up its Country Digital Acceleration programme in India. The current set of investments will focus on fostering innovation and entrepreneurship through the Atal Innovation Mission and in developing use cases to showcase the possibilities of 5G in citizen services and application of innovative digital technologies in transportation modernisation.
415.

Federal Bank has signed a MOU with which company for leasing space?

Answer» Federal Bank, which is in the process of formation of a wholly owned subsidiary company, has executed MOU with Infopark Kakkanad for leasing space in their campus. The Bank has already obtained in principle approval of the Reserve Bank of India for the creation of a subsidiary company. The proposed company will integrate and handle all the back-end operations of the Bank. This move towards having a distinct and exclusive outfit for back-end activities is a stride is in line with the practice of progressive financial institutions.
416.

Name of the company which is committed to buy Ambani's Reliance gas pipeline for Rs 14,000 crore?

Answer» Canada based Brookfield Asset Management is set to buy loss-making East West Pipeline Ltd (EWPL), earlier known as Reliance Gas Transportation Infrastructure, for an enterprise valuation of Rs 14,000 crore ($2 billion). In a separate report, Grocery startups BigBasket and Grofers have revived talks for a merger. Flipkart has held talks to buy a stake in Hotstar, to enter Amazon Prime Video, Netflix arena.
417.

Recently, Flipkart has held talks to buy a stake in of this India's video streaming service?

Answer» Flipkart has held talks to buy a stake in Hotstar, Star India's video streaming service, as part of India's largest online retailer's strategy to bet big on video content and attract more Internet consumers and shoppers. Flipkart already has some ties with Hotstar, having launched a new video advertisement platform with Hotstar in July. Hotstar is also one of the many Internet partners that Flipkart has brought on board for its relaunched customer loyalty programme, Flipkart Plus.
418.

Who has received Reserve Bank of India's (RBI) approval to operate its own non-banking financial company (NBFC)?

Answer» PayU India has received Reserve Bank of India's (RBI) approval to operate its own non-banking financial company (NBFC). The move will help PayU promote inclusive growth in the country by catering to the diverse financial needs of various segments of the society. The approval from the central bank is subject to "certain pending RBI compliance".
419.

Which company has signed up as a global Olympic sponsor for a 4-Games period of 10 years?

Answer» German insurer Allianz signed up as a global Olympic sponsor for a 4-Games period of 10 years between 2021 and 2028. The insurer will become the IOC's 14th top sponsor. It would start from 2019 and with a pilot project in four key markets: Australia, China, France and Spain. Approximately US$50 million (S$68.5 million) per year will be given by Allianz to International Olympic Committee. Other sponsors are: Coca-Cola, Intel, Panasonic and Visa.
420.

India Post Payments Bank join hand with this insurance company "To Provide Insurance To All" in the country.

Answer» State-owned India Post Payments Bank (IPPB) and Private Life Insurer Bajaj Allianz Life Insurance Co Ltd (BALIC) entered into a strategic partnership to provide life insurance solutions, especially at the doorstep of every household in the country. This partnership will leverage IPPB's last mile reach for building awareness about life insurance. Both the companies came together, to formally sign the Corporate Agency Agreement.
421.

Aditya Birla Retail Limited (ABRL) sell its supermarket chain More to Samara Capital for the cost of;

Answer» The Aditya Birla Retail Limited (ABRL) sold its supermarket chain More to Witzig Advisory Services, owned by Samara Alternative Investment Fund. Amazon, in a deal with Samara, will be eventually picking up a 49% stake. The deal was done at about Rs.4,200 crore. This will give Amazon to access more than 500 physical outposts across the country. The transaction was made between Witzig-Samara in an exchange filing. RKN Retail said that the board had approved the sale of its entire shareholding in ABRL to Witzig.
422.

Ministry of Skill Development and Entrepreneurship signed a MoU with this company in vocational education and training recently.

Answer» Ministry of Skill Development and Entrepreneurship (MSDE) signed a memorandum of understanding (MoU) with the Indo-German Chamber of Commerce (IGCC) in the area of vocational education and training. According to the MoU, students who complete specific training courses in India will receive a certificate that is recognised in India and enables its recognition in Germany. They will be able to apply for jobs in companies in India and also in Germany, very easily. German ambassador to India, Martin Ney, was present when the MoU was signed. This idea was initiated in May 2017, by Indian Prime Minister Narendra Modi and German Chancellor Angela Merkel.
423.

Who signs a deal with Softbank and NTT Communications to roll out 5G and internet of things (IoT) technology in India?

Answer» State-run telecom firm BSNL has inked a pact with Japan's Softbank and NTT Communications to roll out 5G and internet of things (IoT) technology in India. BSNL will look at collaborating with Softbank for its satellite constellation which will have around 900 satellites. 3G was launched in India after seven years the technology was available in other foreign markets and 4G services after four years' lag but according to BSNL CMD Anupam Shrivastava 5G will be launched in India in 2020 as soon the standards are freezed by ITU.
424.

This stock exchange has signed an agreement with London Stock Exchange Group (LSEG) for dual listing route for masala bonds and foreign currency bonds of Indian issuers.

Answer» National Stock Exchange (NSE) and London Stock Exchange Group (LSEG) signed a pact on a dual listing route for masala bonds as well as foreign currency bonds of Indian issuers. MOU was signed by NSE MD and CEO Vikram Limaye and London Stock Exchange Plc CEO Nikhil Rathi. Under the MOU, the masala bonds and foreign currency bonds in LSEG would be listed on NSE and the reverse would be done as well. This would help in: Enhancing visibility & increase liquidity in secondary markets, Also reduce the cost of raising capital for all issuers.
425.

Which company plans to acquire Usha Martin steel for Rs.4,700 crore?

Answer» Tata Steel has decided to acquire Usha Martin company, one-million-tonne steel business, for Rs.4,700 crore. This acquisition would lift the company's volume of long products by 24% and expand its product mix. Usha Martin's alloy long steel products cater to higher value-added automotive and engineering segments. The existing capacity of Tata Steel is 29.5 million tonnes. Usha Martin assets are located in Jamshedpur, near Tata Steel's unit. Hence, the acquisition will have operational and logistics synergies. The HSBC Securities expects that the acquisition is marginally positive as it will increase Tata Steel's long product capacity to 4 million tonnes per annum. This acquisition has put Tata Steel as the preferred stock in the market.
426.

Ministry of Housing and Urban Affairs join hands with __________ to launch the Loo Review campaign.

Answer» The Ministry of Housing and Urban Affairs, under the aegis of Swachh Bharat Mission - Urban (SBM - U) partnered with Google to launch the Loo Review campaign. This would encourage all local guides in India to rate and review public toilets on Google Maps. 500+ cities in India with more than 30,000 toilets with the name of "SBM Toilet" are currently live on Google Maps.
427.

Minister of Railways and Coal Piyush Goyal has launched the first of its kind "Rail Heritage Digitisation Project" of Indian Railways in collaboration with __________.

Answer» Minister of Railways and Coal, Shri Piyush Goyal has launched the first of its kind "Rail Heritage Digitisation Project" of Indian Railways in collaboration with Google Arts & Culture. It aims to showcase India's Rail Heritage to National and International audience in an online story-telling platform. It is considered to be the largest cultural heritage digitization project in the Asia Pacific Region. The project would digitize National Rail Museum, Rewari Steam Centre, three World Heritage Railways, CSMT Mumbai building among others. 22 digital screens across different locations in India will be set up for showcasing this historic project.
428.

Name the retailer company that plans to invest Rs.180 crore in India to improve farmers livelihood.

Answer» Walmart Foundation announced that it is to invest Rs.180 crore in India over the next five years to improve farmers' livelihood. The funds would be used to support farmer organisations to develop knowledge of sustainable farming practices, share business best practices and add value to primary agricultural commodities. The money will also be used to improve access to finance and markets. Walmart India would grow its direct sourcing from farmers to 25% of the products sold in its Cash & Carry stores over the same period.
429.

Name the company which plans to enter into coconut processing and marketing for helping the farmers.

Answer» The Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd. (Campco) is to enter into coconut processing and marketing. This sudden move of Campco is to help farmers to get better prices for coconuts. Campco president S.R.Satishchandra said that the cooperative has expanded to coconut, as it is committed to better the economic stability of farmers. He also said that Campco has recorded an all-time high turnover of Rs.1,742 crore in 2017-18 and added that the net profit was Rs.41 crore. In 2018, Campco purchased areca nut worth Rs.1,452.92 crore, cocoa at Rs.₹55.75 crore and rubber at Rs.48.87 crore.
430.

NITI Aayog and this company sign SoI to Pilot Drug Supply-Chain.

Answer» In order to fight the growing problem of counterfeit drugs in India, NITI Aayog and Oracle signed a Statement of Intent (SoI) to pilot a real drug supply-chain using blockchain distributed ledger and Internet of Things (IoT) software. Apollo Hospitals and Strides Pharma Sciences will partner in this effort. This agreement with Oracle and NITI Aayog's partnership with Apollo Hospitals and Strides Pharma, will help ensure that Indian drug manufacturers and healthcare experts have access to a standards-based, modern technology platform - blockchain and IoT, to help eliminate fake drug distribution.
431.

Which Smartphone company launched seven new products recently?

Answer» Xiaomi, the Smartphone maker, launched seven new products, including smart TVs along with a wide range of ecosystem gadgets such as fitness band, security camera, air purifier and luggage. Xiaomi introduced three variants of Mi LED Smart TV Pro. These TVs come with Xiaomi's own PatchWall interface specially designed for India.
432.

Andhra Pradesh has recently signed pact with which US-based company to set up a solar battery manufacturing plant?

Answer» The Andhra Pradesh Economic Development Board (APEDB) has recently signed pact with Triton Solar Company of the USA to set up a solar battery manufacturing plant in AP under the public-private-partnership (PPP) model. The plant helps in switching over to electrical vehicles and secures 200 Megawatt of solar power storage supply to meet the state's energy needs. With an investment of Rs 727 crore, the proposed solar battery manufacturing plant will come up in phases & will produce batteries based on nano and lithium polymer technology.
433.

Which firm join hands with Bajaj Allianz to offer insurance for smartphones?

Answer» Flipkart enters into pact with Bajaj Allianz to provide insurance to customers buying smartphones from its platform. Insurance Regulatory and Development Authority (IRDAI) gave Flipkart the license to go on a pact with Bajaj Allianz General Insurance for the scheme. According to the scheme, Customers who buy the plan will be offered either a cash payout, or a free pickup, service and drop facility if their devices get damaged or stolen. The minimum insurance price for the scheme is Rs. 99 for a year which will be operational the day the device is delivered to a customer. The insurance offering will be available from October 10, 2018.
434.

Indian Ports Association (IPA) has appointed which company as Managed Service Provider for Mumbai Port Trust, Kolkata Port Trust, Chennai Port Trust, Deendayal Port Trust and Paradip Port Trust?

Answer» Indian Ports Association (IPA) has appointed M/s Tech Mahindra as the Managed Service Provider for 5 major ports: Mumbai Port Trust, Kolkata Port Trust, Chennai Port Trust, Deendayal Port Trust and Paradip Port Trust. M/s Tech Mahindra has partnered with M/s SAP, M/s Envision, M/s CISCO, M/s Dell, M/s RTCom etc. IPA has also hired M/s Ernst Young to support in conceptualizing Port-EBS (Enterprise Business System) and support IPA and ports to implement this initiative. The Enterprise Business System will consist of Port Operations Solution, standard ERP solutions, and auxiliary solutions.
435.

NMCG has partnered with __________ to launch "Mission Ganges".

Answer» National Mission for Clean Ganga (NMCG) has partnered with Tata Steel Adventure Foundation (TSAF) to launch a month-long rafting expedition of a team of 40 members which will be led by the first Indian woman to scale Mount Everest Ms. Bachendri Pal. The expedition will start from Haridwar on October 5th 2018 traversing a distance of around 1500 km encompassing 8 major towns. It will conclude in Patna in Bihar.
436.

Which Airlines will launch six new flights in October at New York, Frankfurt, London, Bangkok and Jaipur?

Answer» Air India is to launch six new flights in the month of October at New York, Frankfurt, London, Bangkok and Jaipur. Air India planned this for the better utilization of its aircraft as some of the aircraft were left idle lack of maintenance funds. The airline will be introducing a flight each on the Kolkata-Bangkok and Kolkata-Jaipur sectors from October 15. With effect from October 16, the airline will start flights on the Bangalore-Bangkok, Bangalore-London and Mumbai-Frankfurt routes.
437.

Which company become the top brand in the world in 2018?

Answer» Apple displaced Google to become the top brand in the world in 2018 while Facebook, mired in data breach controversies, fell to ninth place in the top 100 brands globally. According to global brand consultancy Interbrand's "Best 100 Global Brands 2018" report, Amazon achieved a 56% growth to become the third top brand globally. According to the ranking, Apple's brand value grew 16 per cent (year-on-year) to $214.5 billion. It went on to become the first company in the US to hit the $1 trillion market cap. Google stood at second place while Amazon is third.
438.

Which department signed an MoU with the Ministry of Housing and Urban Affairs for training of 2.5 lakh urban poor in the construction sector?

Answer» The National Real Estate Development Council (NAREDCO) signed an MoU with the Ministry of Housing and Urban Affairs for training of 2.5 lakh urban poor in the construction sector. This will be implemented under Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM). The implementation of this initiative will be carried out through training providers empanelled with the Construction Sector Skill Council (CSDCI). The initiative will focus on minimum 80 hours (10 days) to a maximum of 6 months of training for skill the semi-skilled construction workers.
439.

This company launched a digital engagement solution for banks, recently.

Answer» Infosys Finacle, a part of Infosys' product subsidiary EdgeVerve Systems launched a Digital Engagement Suit for banks. Its objective is to interact with customers with customized experiences. The digital suite for banks is on a cloud-first architecture. It would accelerate the speed of internal and external innovation with an ecosystem of partner innovations to engage with end customers, internal users, partners and trusted parties. It would also offer comprehensive capabilities to engage retail, wealth, small business and corporate customer segments.
440.

This company acquired the artificial intelligence (AI) service provider AuthMe ID Services.

Answer» Bharti Airtel acquired artificial intelligence (AI) service provider AuthMe ID Services. Bharti Airtel has not revealed the size of the deal. As part of the acquihire deal, the core team of AuthMe will join Airtel and will be part of Airtel X Labs in Bengaluru. Airtel has also acquired the intellectual property rights for two flagship solutions developed by AuthMe named "Callup AI" and "Fintech Optical Character Recognition". Airtel X Labs were developed by Airtel to encourage innovation in AI, Internet of Things, Augmented Reality and Virtual Reality.
441.

Which Indian company has recently announced Rs 1.5 crores Aarohan Social Innovation Awards (ASIA) to push innovation in social work?

Answer» Infosys Foundation announced Rs 1.5 crores Aarohan Social Innovation Awards (ASIA) to push innovation in social work following increase in funds under the government rules. The awards would be given in six categories including healthcare, rural development and destitute care. The purpose of the awards is to recognise and reward individuals, teams or NGOs that are developing unique solutions for the social sector that have the potential to positively impact the underprivileged in India, at scale. The application for the first edition of the awards would be available from October 15 till this year-end. Participants can submit entries describing their work in the form of videos that can be uploaded on the Aarohan social innovation awards website.
442.

Which company won the Deming Prize for 2018?

Answer» Indus Towers, world's largest telecom tower company (outside China), won the Deming Prize for 2018, being the first Indian company in the service sector and the fifth in the world to achieve this. The Deming Prize was bestowed on Indus Towers for distinctive performance improvements through the application of Total Quality Management (TQM) practices. Indus Towers is only the 29th Indian company to win this coveted award, with other notable names including Tata Steel, Ashok Leyland, Mahindra and Mahindra, and NBC Bearings, etc.
443.

Name the company which announced a first-of-its-kind internship programme for students selected by Atal Innovation Mission (AIM) along with NITI Aayog.

Answer» NITI Aayog and IBM announced a first-of-its-kind internship programme for students selected by Atal Innovation Mission (AIM). The internship will see 38 students receive a two-week paid internship, and 14 teachers from Atal Tinkering Labs (ATL) across the length and breadth of the country including from states such as Assam, Himachal Pradesh, Andaman & Nicobar and others, to come together and ideate, collaborate and innovate.
444.

NITI Aayog and this company agree to offer internship programme to top performing students selected by the Atal Innovation Mission.

Answer» IBM India partnered with NITI Aayog to offer internship programme to top performing students selected by the Atal Innovation Mission. More than 40 high school students will undergo a 2-week paid internship at the IBM Bengaluru campus. They will be imparted skills in areas like artificial intelligence, Internet-of-Things, cybersecurity, cloud computing and blockchain. They will also be taught critical workplace skills. Also, select teachers will be trained by IBM volunteers and mentors to become innovation coaches. This collaboration between IBM India and NITI Aayog will expose students to new technologies and make them future-proof.
445.

NITI Aayog has signed pact with this technological giant for AI tools in agriculture & healthcare.

Answer» NITI Aayog has signed pact with Microsoft India to deploy Artificial Intelligence (AI) technologies to address challenges various sectors such as agriculture and healthcare. As per the pact, Microsoft will support NITI Aayog by combining the cloud, AI, research and its vertical expertise for new initiatives and solutions across several core area. It will also accelerate the use of AI for the development and adoption of local language computing, in addition to building capacity for AI among the workforce through education. Under the agreement, Microsoft will provide Niti Aayog advanced AI-based solutions such as farm advisory services, healthcare screening models at primary health centers along with building capacity for AI through education.
446.

Nimesh Chandan appointed as head of investment for this mutual fund.

Answer» Canara Robeco Mutual Fund elevated Nimesh Chandan as the Head - Investment, Equity with immediate effect. In this role, Nimesh Chandan will guide the equity team in providing a strategy for equity funds. Nimesh Chandan has over twenty years of experience in the financial services sector. He had joined Canara Robeco Mutual Fund as a senior fund manager.
447.

With which telecommunication company, Nokia join hands signed a Memorandum of Understanding to implement industrial automation solutions?

Answer» Bharat Sanchar Nigam Ltd (BSNL) signed a Memorandum of Understanding with Nokia Solutions and Networks India Pvt Ltd to leverage Industry 4.0 for manufacturing excellence at Nokia's factory in Oragadam, about 60 km south-west of Chennai. BSNL and Nokia are demonstrating the ability to leverage automation across industries, showing how it can be replicated in other sectors such as automobile, oil and gas, mining, public safety and disaster management. Nokia factory will now leverage Industry 4.0 solutions such as Augmented and Virtual Reality (AR/VR), connected Robotics, Artificial Intelligence, Big Data Analytics, and the Internet of Things to enhance operations and increase productivity.
448.

Name thhe company which has acquired Cashier Prepaid Cards, a financial technology services company based in Bangalore?

Answer» Ewire Softtech Private Limited announced that it has acquired Cashier Prepaid Cards, a financial technology services company based in Bangalore. Amount involved in the deal was not revealed. Through this acquisition Ewire Softtech will gain access to 100,000 Prepaid Card users in India and various corporate groups and establishments for payments and other financial services. Ewire is a digital app that acts as a complete virtual bank. Ewire's user-friendly application powered by Cashier Cards will attract a large number of customers.
449.

This Indian MNC company is featured among the top 25 companies in the Forbes' global 2000 best employers list.

Answer» Engineering and construction major Larsen & Toubro is the only domestic firm to be featured among the top 25 companies in the Forbes' global 2000 best employers list that is led by Google parent Alphabet. While L&T is ranked 22, there are only four domestic firms in the top 100 list which include Mahindra & Mahindra at 55, Grasim Industries at 59 and HDFC at 91, and only 24 domestic companies in the overall list,as per the US magazine. The Top 3 companies in the List are; 1. Alphabet, 2. Microsoft, 3. Apple.
450.

Air India has received equity infusion of __________ rupees from NSSF (National Small Savings Fund).

Answer» The need for equity infusion for State-owned carrier Air India came to an end after the government guaranteed to raise Rs 3,500 crore as loan. Air India has raised Rs 3,000 crore so far which includes Rs 1,000 crore to the airline from the National Small Savings Fund (NSSF) on behalf of the government. Another Rs 500 crore will be raised by the airline through a loan from the unused sovereign guarantee.