Flipkart acquires online fashion portal Jabong

Flipkart Ltd on 26 July 2016 acquired online fashion portal Jabong through its unit Myntra in a move to maintain its position as the market leader. However, the financial details of the deal were not revealed. This acquisition will strengthen Flipkart Group's position in Fashion and Lifestyle segment to compete with Amazon Fashion in India.

Exam-Oriented-Current-Affairs-Dated-20-07-2016-www.KICAonline.com- English

Bangladesh makes extradition with India easy

The Bangladesh government has approved an amendment to the extradition treaty between the two countries to make extradition easier. Under the amendment, extradition of convicted and under-trial criminals will be possible if a court in any of the two countries issues an arrest warrant.  Earlier, evidence of crime along with arrest warrant were needed for extradition. A cabinet meeting chaired by Prime Minister Sheikh Hasina

Read more » 

Exam-Oriented-Current-Affairs-Dated-14-07-2016-And-15-07-2016-www.KICAonline.com-english

Nabam Tuki takes charge as Arunachal Pradesh CM

Nabam Tuki took charge as Arunachal Pradesh Chief Minister last night after the Supreme Court ordered the restoration of the state government as on 15th December 2015. Reports suggest Governor Rajkhova has given him time till Saturday to prove his majority. Meanwhile ousted Arunachal Pradesh Chief Minister Kalikho Pul who claims the support of 47 MLAs said he would file a review petition against the 5 judge

Read more »  

CSIR-CIMFR inked MoU for coal quality analysis with coal supplying companies

Council of Scientific and Industrial Research (CSIR) and Central Institute of Mining and Fuel Research (CSIR-CIMFR) on 28 June 2016 inked a Memorandum of Understanding (MoU) with Coal Supplying companies and Power Utilities for quality analysis of coal being supplied to power utilities by coal companies. The CSIR-CIMFR would make use of its knowledge base support in maintaining the quality

Suzuki Motors appoints Toshihiro Suzuki as CEO

Suzuki Motor Corp on 29 June 2016 announced the appointment of Toshihiro Suzuki as its next Chief Executive Officer (CEO). The appointment came after Osamu Suzuki announced that he will decline the CEO position to take responsibility for the automaker's use of incorrect testing methods when calculating vehicle mileage.

Nestle named Ukf Mark Schneider as CEO

Food and Beverage multinational Nestle SA on 27 June 2016 named Ulf Mark Schneider as its next Chief Executive Officer (CEO). He is the CEO of Fresenius, a Germany-based healthcare company. He will join Nestle on 1 September 2016 and start as CEO on 1 January 2017. He will succeed incumbent CEO Paul Bulcke, who will resign from the position on 31 December 2016. Bulcke has been named by

Volkswagen to pay $10 bn in US emissions scam

Volkswagen has agreed to pay USD 10 billion to settle a huge US civil case over its diesel emissions-cheating scandal. As part of the settlement, Volkswagen would compensate owners of around 480,000 2.0-liter diesel cars up to USD 7,000 in cash each, and would also fund a programme to fight air pollution. Volkswagen admitted in September that it had installed software on diesel cars that tricked

BASF India's parent to buy Germany's Chemetall for $3.2 bn

NEW DELHI: Chemical firm BASF India today said its parent firm has signed an agreement to acquire specialty chemicals firm Chemetall for $3.2 billion. Germany-based Chemetall supplies specialty chemicals which are used in surface treatment of metals and plastics. It has 2,500 employees globally and 21 production sites in more than 20 countries. In India, Chemetall has 150 employees and had reported

Essar Oil wins Skoch BSE Awards for Energy Conservation, Environment Management

Essar Oil Ltd. has been conferred with the Skoch BSE Award in recognition of its energy conservation and environment management initiatives. This is the second time that the company has been awarded for its commitment to green initiatives. Lalit Kumar Gupta, Managing Director and Chief Executive Officer of Essar Oil Ltd, accepted the award from Rajeev Agarwal, whole-time Director of SEBI, at a

Former Flipkart VP Michael Adnani joins Styletag as CEO

Former Flipkart Vice President Michael Mehran Adnani has joined Styletag, an online women's curated fashion platform, as its chief executive officer. Adnani will spearhead the company's operations and helm its evolution as it enters into a new phase of growth and expansion, Styletag said in a statement. He was earlier the Vice President of Flipkart and headed the strategic brand alliances for the e-

British IT firm merges with Indian software company

British IT and software firm RSK Business Solutions has merged with its Indian partner BSL Information Technology to jointly deliver consultancy services in different parts of the world. England-headquartered RSK Business Solutions Limited (RSK BSL) merged with its Gurgaon-based Indian partner BSL Information Technology Private Limited (BSLi) to create UK-registered RSK Business

Symantec to buy Blue Coat Systems for $4.65 bn

Symantec Corp. agreed to buy Blue Coat Systems Inc. in a $4.65 billion deal that will give the computer-security company a new portfolio of cyberdefense technologies along with a new chief executive. Blue Coat Chief Executive Greg Clark is set to take that role at Symantec after the deal closes, which is expected to occur before October. Symantec has been searching for a new CEO

Glenfiddich India appoints Thinkstr and PPR South Asia as its agency partners

Glenfiddich, the world’s most awarded single malt Scotch whisky, has chosen Thinkstr and PPR South Asia as its agency partners in India. Thinksr will handle the creative mandate along with PPR South Asia that will manage the communications campaigns for Glenfiddich.  Commenting on the appointment, Shweta Jain, Head of Marketing at William Grant & Sons said, “It’s exciting times for

Tata Power to acquire Welspun's renewable energy arm

Tata Power on Monday said it will acquire Welspun Energy's subsidiary, Welspun Renewable Energy Pvt Ltd (WREPL) for an undisclosed amount. Tata Power's subsidiary Tata Power Renewable Energy Ltd (TPREL) will acquire WREPL through a share purchase agreement (SPA), it said in a statement. "TPREL, a 100 per cent subsidiary of Tata Power, has signed an SPA with Welspun Energy to acquire its subsidiary

Sanjay Pugalia joins Quint as President & Editorial Director

Sanjay Pugalia has joined Raghav Bahl and Ritu Kapur’s The Quint, as President & Editorial Director, the Quint & Bloomberg Quint confirm industry sources.Pugalia recently moved from the Network18 group after 12 years, he was Editor of CNBC Awaaz and CNBC Bajar as reported by exchange4media exclusively

Pugalia’s focus will be getting a robust Hindi digital version for Quint up and running.The group started its

DDB Mudra West ropes in Kapil Tammal as Executive Creative Director

Bolstering the creative strength of the agency, DDB Mudra West has brought in Kapil Tammal as Executive Creative Director. Kapil would be based out of Mudra House, Mumbai and will be reporting to Rahul Mathew, Creative Head, DDB Mudra West. Kapil Tammal joins DDB Mudra West from Scarecrow Communications where he was one of the founding employees and has been instrumental in the agency’s

20:20 MSL appoints Rina Sen Goel as Special Advisor- Entertainment, Consumer Practice

20:20 MSL, part of MSLGROUP – PublicisGroupe's flagship strategic communications and engagement consultancy has announced the appointment of Entertainment and Lifestyle PR industry veteran Rina Sen Goel as Special Advisor to its Consumer, Lifestyle and Entertainment practice. Goel who comes with a rich experience of 25+ years across journalism and PR, will work closely with teams across the offices of 20:20