Commerce Current Affairs (Page : 1)


Commerce Tidbits ( Jan 01, 1970 - Jan 01, 1970 )

  • Jul 23, 2015 Maruti Suzuki launches NEXA brand outlets for premium products show

  • Jan 13, 2015 Bombay Stock Exchange is going to set-up an International Exchange in Gujarat's GIFT city (Gujarat International Finance Tec-City).   show

  • Dec 24, 2014 UltraTech - India's largest cement maker - is going to buy 2 plants of JP cement for 54 billion rupees.   show

  • Dec 13, 2014 Snapdeal acquires gift recommendation platform Wishpicker.   show

  • Nov 20, 2014 No licence required for manufacturing and using 'Ammonium Nitrate Fuel Oil'.   show

  • Jul 30, 2014 Anil Ambani's Reliance Power buys out the hydro power business of Jaiprakash Power Ventures Limited for an estimated sum of Rs 12,000 crore.   show

  • Jul 21, 2014 Wipro, nation's 3rd largest software services company, buys Atco I-Tek for $195 million.   show

  • Jul 17, 2014 Sun Pharmaceutical buys out US-based injectable company Pharmalucence Inc.    show

  • Jul 16, 2014 Centre imposes additional penalty of $579 million on Reliance Industries for producing less than targeted natural gas from its KG-D6 block.    show

  • Jul 14, 2014 Air India becomes the only Indian carrier to join the world's largest global airlines grouping "Star Alliance".   show

  • May 30, 2014 Reliance Industries Ltd, India’s largest private company, purchases Network 18 Media and Investments Ltd, including its subsidiary TV18 Broadcast Ltd for Rs 4,000 crore.   show

  • May 22, 2014 IndiGo retains the top spot in the domestic passenger aviation market in April with 31.6% market share.   show

  • May 22, 2014 India's largest online retailer, Flipkart.com, acquires fashion e-retailer Myntra.com for approximately USD 400 million.    show

  • May 20, 2014 Anglo-Swedish drugmaker AstraZeneca declines a massive takeover bid by the US based pharmaceutical MNC Pfizer.   show

  • Feb 15, 2014 Rakuten, Japanese e-commerce major, to purchase famous call and messaging app provider Viber Media for $900 million.  

  • Feb 13, 2014 The Bombay Stock Exchange (BSE) launches an Institutional Trading Platform (ITP) for small and medium enterprises.  show

  • Jan 10, 2014 The '7th Global Insurance Summit' organised by ASSOCHAM (Associated Chambers of Commerce and Industry of India) at Hyderabad.

  • Jan 09, 2014 'Little Eye Labs' becomes Facebook first acquisition in India. This Bangalore-based start-up develops tool for Android app developers to measure, analyse and optimise their apps. 

  • Dec 02, 2013 The Reserve Bank of India (RBI), in a move aimed at minimising frauds and other misuse of Debit Cards, makes punching in of the PIN mandatory for all shopping-transaction from December 1, 2013 show

  • Nov 30, 2013 India’s first State-of-the-art Styrene Butadiene Rubber Plant comes up at Panipat, Haryana.  

  • Nov 29, 2013 Telecom Regulatory Authority of India (TRAI) sets the tariff structure and guidelines for mobile banking services. The move is being seen as a step to help rural customers lacking access to banks and financial services.  - read more

  • Nov 06, 2013 BlackBerry not to be sold; company now to focus on software instead of devices. The proposed buyer, Fairfax Financial Holdings, will now invest $1 billion in the company alongwith few others through debentures. show

  • Oct 15, 2013 Oil and Natural Gas Corporation Videsh Limited (OVL) buys additional 12% stake in Brazilian oilfield Petrobras for $529 mn. The OVL, with already 15% stake in the company, exercised a pre-emption right to block China's Sinochem group from buying 35% shares; The rest 23% has been bought by OVL partner Royal Dutch Shell.  

  • Oct 10, 2013 Tata Power Renewable Energy Limited to buy AES Saurashtra Windfarms (ASW) which owns 39.2 MW wind farm in Gujarat.

  • Oct 10, 2013 Wal-Mart and Bharti Enterprises separate ways in their retail joint venture. Wal-Mart, the world's largest retailer, will buy out Bharti's 50 percent stake in Bharti Wal-Mart Pvt Ltd, which runs 20 wholesale stores under the Best Price Modern Wholesale brand.

  • Oct 03, 2013 Cognizant Technology Solutions Corp acquires Equinox Consulting, a financial services consulting firm based in Paris.

  • Sep 26, 2013 TRAI instructs mobile phone companies to implement pan-India number portability within six months.At present, Portability is restricted within a telecom circle area.

  • Sep 24, 2013 Blackberry to be sold in $4.7 billion to a consortium led by Canadian firm Fairfax Financial Holdings Limited. show

  • Sep 07, 2013 Microsoft wins patent battle against Google's Motorola regarding technologies used in Xbox console and Windows software; gets $15 million in damages

  • Sep 07, 2013 Reliance (RIL) intentionally reduce gas production from KG basin due to low market prices: Gas panel report show

  • Aug 21, 2013 SEBI cracks down on entities offering unsolicited and ill-informed stock tips to investors through SMS.

  • Aug 01, 2013 Centre launches new norms to determine tariff at major ports across India.

  • Jul 30, 2013 Government gives conditional approval to Jet-Etihad deal

  • Jul 18, 2013 ArcelorMittal, world largest steel maker, cancelled 50,000 crore steel plant project in Odisha

  • Jul 11, 2013 Yahoo closes down once popular search engine "AltaVista"

  • Jul 08, 2013 RCom separate its entire real estate, worth Rs 12000 crore, into new entity 'Reliance Properties Ltd'

  • Jul 04, 2013 Yahoo acquires mobile app company Quiki 

  • Jul 03, 2013 Oil India Limited to start Kamdhenu, a dairy cooperation like Amul, in tie-up with Assam government

  • Jul 02, 2013 Nokia to buy out Siemens share in their network equipment joint venture Nokia Siemens Network for $2.2 bn.

  • Jun 26, 2013 ONGC and OIL to buy Videocon Industries' 10% stake in Mozambique gas field for $2.5billion. - read more

  • Jun 26, 2013 Tech Mahindra completes merger of Satyam Computers with itself, become 5th biggest IT company of India.

  • Jun 20, 2013 Airtel follows Vodafone in reducing 2G data charges, slashes tariff by 90% for prepaid customers of Punjab and Haryana circles.

  • Jun 20, 2013 Pharma giant Ranbaxy fined Rs 80 crore by European Commission for delaying cheap generic drugs entry.

  • Jun 12, 2013 India attains status of factory complaint country in apparel and garment export.

  • Jun 08, 2013 Jet Airways CEO Nikos Kardassis quit, Hameed Ali to fill in.

  • Jun 06, 2013 Online retail giant Amazon launches Amazon.in, its India "marketplace".

  • May 31, 2013 Naresh Goyal's stake in Jet Airways shoot up to 66%  after buying 37% stake from Tail Winds. 

  • May 29, 2013 Honda's 3rd two-wheeler plant in India comes up at Kolar (Karnataka); other two are in Manesar(Haryana) and Tapukara(Rajasthan).

  • May 29, 2013 RBI imposes restrictions on banks and NBFCs for providing loans against gold coins as well as units of gold ETFs and mutual funds. No ban on sale of gold coins by banks.

  • May 18, 2013 EU to penalise Indian and Chinese airlines over emmission, both countries resist.

  • May 17, 2013 China to set right bilateral trade imbalance with India.

  • May 15, 2013 SEBI starts to refund authentic individual investors of Sahara.