Current & Business Awareness

8/8/2019 Current & Business Awareness

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Current & BusinessCurrent & Business

Awareness QuizAwareness Quiz

Vinay Chirania


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Read all mails very carefully

Check Yahoo Group and IILM email IDatleast twice in a day

Join Placement Preparation Blog

Start Reading Newspaper and business book

Punctuality and following all my guidelines i

a must

Placement Preparation Cell


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Question No. 1

Reliance is planning to take a controlling stake in

one of the chemical company which filed for

bankruptcy some time back. What is the name of

this company?

LyondellBasell Industries

One of the worlds largest polymers,

petrochemicals and fuels companiesReliance recently increased its bid from $12

bn to $13.5 bn


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Question 2

Telenor group increased its stake to 60% in one

of the company. Can you name this company.

Uninor Telenor Group provides telecommunication services in 14 countries

across Europe and Asia.

At the time of its Initial Public Offering in 2000, Telenor had a mobilesubscriber base of 15 million. By the end of the third quarter 2009 this

reached 172 million

Major part of business is organised in three regions:

Asia: Bangladesh, Malaysia, Pakistan, Thailand and India.

Nordic countries: Denmark, Norway, Sweden and Finland. Central and Eastern Europe: Hungary, Montenegro, Russia, Serbia

and Ukraine.

UniNor GSM is set to start operations in India soon


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Question 4 Who is the Secretary General of United

Nations?

Ban Ki Moon


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Question 5 What is the current $/Rs. Exchange rate

On Friday it was 45.70/$ which was

highest in last 15 months


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Question 6 Maruti recently launched a multi purpose

vehicle replacing Versa starting from 2.6

lakhs. What is the name of this car?

Eeco

Maruti Suzuki has 54.2% owned by Japans

Suzuki Motor Corp


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Question 7 What is the size on Indias GDP in $

billion?

It is around $1200 billion ($1.2 trillion)

Chinas GDP is around $4.33 trillion

USs GDP is around $14.2 trillion


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Question 8

What is GST?

GST is a tax on goods and services with comprehensive and

continuous chain of set-off benefits from the producers point

and service providers point upto the retailers level.

It is essentially a tax only on value addition at each stage, and asupplier at each stage is permitted to set-off, through a tax

credit mechanism.

For more details

http://gstindia.com/faqs_on_gst


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Question 9 Who is the CEO and Managing Director of

Infosys?

S. Gopalakrishnan


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Question 10 How many states are there in India?

28 states and 7 Union Territory

Delhi is considered as National Capital

Territory


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Question 11

Who is the Chairman of General Motors?

Ed Whitacre Jr.


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Question 12

Who is the Chief Minister of India?

Chief Minister of India.????


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Placement PreparationPlacement Preparation

GroupGroup Session 2Session 2

Vinay Chirania


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Top CEOs in India1

Who is CEO and MD of ICICI Bank

Chanda Kochar

Manisha Girotra is MD of which company

UBS India

Who is CEO of Axis Bank

Shikha Sharma


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Top CEOs in India2

Who is the CEO of JP Morgan India

Kalpana Morparia

Who is the Chairman of L&T

AM Naik

Vinita Bali is the MD of which company

Britannia


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Match the Following

Chanda Kochar Axis Bank

Manisha Girotra ICICI Bank

Shikha Sharma L&T

AM Naik Britannia

Vinita Bali JP Morgan

Kalpana Morparia UBS India


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Quiz

Who is Vinita Bali

Who is CEO of Axis Bank

Name the CEO of ICICI Bank

Shikha Sharma is associated with which

company

Who is Chairman of L&T

Kalpana Morparia is CEO of which

company Britannia, Shikha Sharma, Chanda Kochar

Axis Bank, AM Naik, JP Morgan


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Top CEOs in India3

Who is Chairman of Mahindra & Mahindra

Keshub Mahindra

Who is VC & MD of Mahindra & Mahindra

Anand Mahindra

Who is MD & Chairman of Hero Honda

Pawan Munjal


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Top CEOs in India4

Who is Chairman of GVK Group

GVKReddy

Sarthak Behuria is Chairman of which company

Indian Oil

Subash Chandra is associated with which

company

Zee (Chairman)


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Top CEOs in India5

Who is Keki Mistry

VC & MD of HDFC

Debu Bhattacharya is MD of which company

Hindalco

Harsh Goenka is associated with which company

RPG Group (Chairman)


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Quiz

Debu Bhattacharya (MD)

Subash Chandra (Chairman)

Sarthak Behuria

Harsh Goenka (Chairman)

Zee Chairman

Mahindra & Mahindra

Indian Oil

Keki Mistry (MD)

RPG Group


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Top CEOs in India6

Who is MD Mallya

CMD of Bank of Baroda

Who is CMD of Bank of India

Alok Misra

Who is Chairman of Bajaj Hindustan

Shishir Bajaj


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Top CEOs in India7

Who is Rashesh Shah

Chairman of Edelweiss Capital

Who is CMD of Union Bank

MV Nair

Who is Executive Director ofReliance Industries

Nikhil Meswani


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Top CEOs in India8

Who is Naina Lal Kidwai

Group GM and Country Head, HSBC India

Who is MD of Kotak Mahindra Bank

Uday Kotak

Who is Manish Kejriwal

Senior MD & Country Head, Temasek Holding


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Match the Following

Bank of Baroda MV Nair

Bajaj Hindustan Nikhil Meswani

Alok Misra Kotak Mahindra Bank

Uday Kotak Shishir

Manish Kejriwal MD Mallya

Naina Lal Kiwai Edelweiss Capital

Rashesh Shah Bank of India

Union Bank HSBC

ED ofReliance Temasek Holding


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Quiz

Temasek Holding

ED ofReliance

Union Bank

Bank of India

HSBC Bank

Rashesh Shah

Alok Misra

Bajaj Hindustan MV Nair

Edelweiss Capital

Bank of Baroda


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Top CEOs in India8 Nitin Paranjpe

CEO, HUL

OP Bhatt

Chairman of SBI

Venugopal Dhoot

Videocon

SAIL Chairman SKRoongta

Prashant Ruia Director, Essar Steel

Harsh Mariwala Chairman Marico


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Union Ministers

Pranab Mukherjee

Minister of Finance

Kamal Nath

Minister forRoad and Transport

Anand Sharma

Commerce and Industry Minister


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Final Quiz.1

Kalpana Morparia

Sarthak Behuria

Harsh Mariwala

MV Nair

Rashesh Shah

Manisha Girotra

Shikha Sharma

Vinita Bali

Prashant Ruia


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Final Quiz2

Bank of India

Bank of Baroda HSBC Bank

HDFC Bank

Britannia Videocon

Temasek Holding

Kotak Mahindra Bank

UBS India

L&T

IndianOil

HUL


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Todays News Headlines.1

Industry grows fastest in 2 years

IIP rises 11.7% in Nov09 Reaffirms hope of 8-9% GDP growth

Favorable economic growth and high inflation may

prompt RBI to inc. rates

Chinas up Cash Reserve Ratio Cash reserve Ratio (CRR) is the amount of funds that

the banks have to keep with central bank

Does RBI pay interest on CRR?

Bharti Airtel to buy 70% stake in Warid Telecom(Bangladesh)

Airtel CEO Manoj Kohli

Paying $300m


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Todays News Headlines2

Govt. planning to ban Private mining in Tribal

belt - Mines and Mineral Development andRegulation (MMDR) Bill

$200 mn is actual FDI inflow in Mining sector

Adversely impact companies like Rio Tinto,

BHP Billiton, Vale, Sesa Goa and MSPL

FII infuse $1.6 b in 6 days

Difference between FII and FDI and amount

MD of UBS India?

Sensex closed on 17422

Infosys rallied 4% to Rs. 2587

What is Sensex?


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Cement Industry

Main player to report 36.4% YoY growth in net profitNet Sales to rise by 5.1% YoY

ACC, Ambuja, Grasim, Ultratech

Demand from infrastructure and housing

Low demand in Southern states due to slowimplementation of Govt Projects

Powergrid FPO likely in 6-8 months

What is FPO? What is IPO?

Bajaj Hindustan planning to enter power sector

Infosys sees 3.8% rise in revenues versus earlier

1.7%

IT industry More than $5 b


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Re falls most in 7 weeks as importers buy dollar

Closed at 45.72 /$ Govt announced additional incentives for exporters

Specific incentive schemes to rescur over 2000 products

Fiscal deficit to come below 5%

6.8% of GDP this year mainly due to stimulus

measures

UP govt disallows sugar import

NTPC to commission 6000 MW every year from 2011 Cairn to commission 600km Barmer pipeline by March

Adhunik to acquire 50% stake in Aussie coking coal

mine for $ 100 m

Obama plans to slap fee on banks and raise $120 b


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Bangladesh PM Sheikh Hasina on visit to India

Confered prestigious Indira Gandhi Peace Prize 21 Indians held in China for smuggling diamonds

Defense Minister AK Antony

SC orders CBI probe in Sohrabuddin encounter

CJI comes underRTI

What is RTI?

Currently CJI is K G Balakrishnan

GSPC divest 5% Crude Oil slips to $81 per barrel

What is barrel?

Gold dips as China hints tighter policy


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Placement PreparationPlacement Preparation

GroupGroup Session 3Session 3

Vinay Chirania


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News Headlines 20th January

Foreign telecos may stay out of 3G race on raw 2G

deal Fresh Entranta in India s telecom scene that win 3G bids will

be placed last in queue of 343 applicants for 2G airwaves

Cadbury falls for Krafts new $20b proposal

Vivendi eyes majority in Datacom Vivendi is French media and telecom company

Datacom is owned by Videocon Group

Who is Videocons chairman???

Norways Telenor, Japans NTT Docomo and RussiasSistema

Unitech has withdrawn its proposal to raise $700 m

through FCCB

Unitech is Indias 2nd largest real estate company


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News Headlines 20th January Citi posts $7.6 b loss on costs to exit the govt. bailout

programme (CEO Vikram Pandit) 4th quarter loss was lower than loss of $17.3 b a year earlier; Trouble Asset

Relied Program (TARP)

Kieron Pollard (WI) and Shane Bond (NZ) stars of IPL 3

bid

Radio Mirchi (Entertainment Network) PAT up 121% 10.7 cr in Dec quarter; Prashant Pandey (CEO)

41 million users across the country

China, Taiwan continue tightening

Lifted auction yield on 1 year bills Premier of China?

Taiwan also increased its overnight lending rates

Japan airlines files for $25 b bankruptcy Industry hit by volatile fuel costs and fickle flyers

JAL is Asias largest airline by revenue


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News Headlines 20th January Google puts China phone plan on hold

Sophisticated cyber spying from China China and US already at odds over the value of yuan

currency, trade issues, US arms sales to Taiwan and

Climate Change policy

Dutch Govt to cap ABN Amro bonuses, salary

RBI and SEBI allows Future Trading in Euro, Pound and Yen

ULIPS Fee ban and cut in ulip charges

Nirakar Pradhan (CIO Future Generali India)

Profit booking in IT drags Sensex 155 points Satyam Comp down over 5% on L&T exit buzz

Metal cos likely to report strong YoY growth in earning

Low base effect, sharp rally in commodity prices and robust domestic

demand

Top 3 steel makers reported growth in sales volume in range of 20-60%


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News Headlines 20th January Operating margins of non integrated players such as SAIL

and JSW likely to expand

Raw material cost almost halved after renewal of contract

Integrated players likely to see any improvement in OM

Realty companies show improvement in Q3 Sales Housing demand, QIB pumped money

DLF restructuring DLF Cyber City Developers has been intergrated

with Caraf Builder (60:40)

Sesa Goa acquisition of VS Dempo helped in achieving

growth in sales

MRPL Dec Qtr results better than expected Mangalore Refinery and Petrochemicals Ltd

Rs. 259 cr profit

Raised capacity utilisation, rupee appreciation

Company processed Cairns Rajasthan crude oil which came in at 10-

15% discount to benchmark Brent prices


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News Headlines 20th January Top level changes at JP Morgan AMC

CEO Chritopher Spelman CIO Nandkumar Surti

Rupee falls to 45.81

Crude below $78 per barrel

NTPC to set up a new company to acquire coal assets abroad Coal imports at 8 MT in 2008-09

Company may require 270 MT of coal annually by 2017

75000 MW from 30644 MW now

Poor track record of ICVL (SPV formed by PSUs to acquire coal

properties abroad)

Tata power Q3 net profit up 29% (Rs 148 cr)

Low fuel prices and higher generation capacity

Mauritius is the largest FDI investing country in India

Durin first 7 months nearl $8b out of $18b


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$50 b IT industry and BPO firm will now be able to get

service tax refund RCom poaches top executives from rival firms

Prysmian (Italy) to buy 51% stake in Ravin Cables

forRs 200 cr

Player in high-technology cables and systems for energy andtelecommunications, with sales exceeding 5 billion Euro in 2008

Lupin cant sell pills in US, Teva files patent suit

Malaysian PM Najib tun Abdul Razak arrived in

India


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News Headlines 23rd January New gas, better margins fuel 15.8% in RIL profit rise

Earning from oil and gas more than doubled to Rs 1477 cr while those from

refining declined 27% to Rs 1379 cr

Lower earnings in main refining business was offset by more than trebling of

revenues from Exploration and production (E&P) to Rs 3530cr

Grasim Ind Q3 profit biggest in 3 years

ITC Q3 net jumps 27% toR

s 1144 cr Toyota announces recall of 2.3 m vehicles in US

Bharti revenues grows by 1.4% and profit rises 2.4%

CEO??

Bharti lost customers who could not be authenticated

J&K Govt prepaid ban (Market Share 35%)

Forex reserves up by $899m to touch $285 b

Dish TV revenues up 44%

Mcleod Russel India (MRIL) net up 184%

MRIL is largest integrated tea company


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News Headlines 23rd January Google Q4 profit soars five fold

CEO Eric Schmidt Core sector grew to a 4 month high of 6% in Dec

2009

ADAG to take on Time, News Corp for MGM

Metro Goldwyn Mayer (MGM)

Maruti Suzuki MD

S Nakanishi

Fortis net profit rises three fold VK Singh to be next Army Chief

LeT acquires 50 para-gliding equipment

Janeshwar Mishra dead

SP leader chotte lohia


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News Headlines 25th January Million dollar bonuses back at MNC banks

HKs Willowood buys Shreeji Pesticide Indian National Shipowner Association (INSA) CEO Sudhir

S Rangnekar quits

Dish TV could build on first mover advantage

Around 6.4 million subscribers Some estimate indicate that DTH would grow more than

50% in next 3 years

3rd Quarter losses higher at Rs 76 cr

Expenditure ofRs 12 cr incurred on marketing

Jindal Stainless (JSL) told SC that Orissa govt,

IDCOL pact with OMC illegal

IDCOL Industrial Development Corporation of Orissa

OMC Orissa Mining Corporation


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News Headlines 25th January India, South Korea to discuss Nuclear pact

President Lee Myung Bak US Q4 growth seen fastest in 4 years

Larry Page and Sergey Brin to sell 10m shares of Google in

next 5 years

Telecom sector may see salary hikes of upto 30% Godrej Consumer twofold jump in consolidated profit

Enhanced product portfolio and growth in international

business

United Spirits No. 2 liquor firm in world With growth rate of 13% annually, USL hopes to cross 110 million

cases next year

Overtakes Pernod Ricard

NY based India Equity to buy 25% in IETS forRs 140 cr

IL&FS Education and Technology Services (IETS)


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News Headlines 25th January Indo Rama Synthetics 2nd largest producer of polyster

Growth of 25% in sales US firm Autonation, UKs Inchcape trying to set up

retail chains in India


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Govt looks to sell stake in ITC, L&T Stakes inherited due to bailout of Union Trust of India

Around Rs 19000 cr at current stock prices

Volume growth fails to put in appearance at resurgent Q3

show Company benefited from higher product prices and effect of lower base

Profit also improved due to lower operating expense Who presented first budget of India?

James Wilson (150 years ago)

Morgan Stanley India head steps down

NarayanR

amachandran Scott Gaynor to take interim charge

Sensex hits 12 week low (16,289)

Drop of 490 points yesterday

Who is Edelweiss Chairman

Rashesh Shah, Edelweiss group acquires Anagram Capital (Rs160 cr)


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Timothy Geithner in trouble on AIG issue

US treasury Secretary

Geithner involved in decisions not to disclose details of $62b payment

Dabur India consolidated net rises 28%

Vatika, Hajmola, Real Juice sales up

SAIL Q3 net soars 99%

Net profit Rs 1676 cr

Lower cost of imported coal and higher sales volume

SAIL Chairman????

Union Bank Q3 net drops 20%

BOB net up 17.5% on low tax provision, NPA Net Interest Income climbs 10% to Rs 1601 cr

CMD???

Rupee hit 3 week low 46.37/$

Religare Sec. President Amitabh Chakraborty resigns to join Kitara

Capital


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Telcos add 19.1 m new users in Dec09 Highest monthly growth recorded by any telecom market ever globally

525.15 m users

LIC, United India agree to sell DPSC stakes to Srei-led group

DPSC Limited (DPSCL) incorporated in the year 1919 Primarily to supply

power to the Bengal Coal Company Ltd

SL President Mahindra Rajapaksa won re-election

Lt Gen Avdesh Prakash faces Court Martial

SP asks Amar to quit, Mohan Singh is replacement

PMO defends Padma Bhushan for Sant Singh Chatwal

CBI chargesheeted him for $9 m fraud earlier

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Current & Business Awareness