July, 2015

• 11 July

  Cairn India’s shareholders to get access to Vedanta assets

  

  News: “Cairn India’s shareholders will get access to Vedanta Limited’s Tier I metals and mining assets, which are well invested, have low cost and long life,” said Vedanta Limited’s Chairman Navin Agarwal. Despite weak commodity prices and tepid industrial activity, the company recorded revenues of Rs 73,364 crore for the financial ...

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• 11 July

  Agartala to be an international internet hub

  

  News:  Agartala to become the third international internet gateway in the country after Mumbai and Chennai. Union Telecom Minister has launch the India-Bangladesh bandwidth connectivity programme in Agartala. An optical fibre cable from Agartala will be linked to a telecom cable company at Cox’s Bazar in south Bangladesh. The connectivity ...

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• 11 July

  Free trade warehousing zone, logistic park to come up in Visakhapatnam: Sravan Group

  

  News: City-based Sravan Group,  has decided to develop a world-class logistic park and free trade warehousing zone in Visakhapatnam. The logistic park and free trade warehousing zone will be developed keeping in view the efforts to make Visakhapatnam a container hub. The group will also develop a CFS in 100 ...

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• 11 July

  Government bans firms supplying imported jute bags

  

  News: The Ministry of Textiles (MoT) has warned the companies supplying imported jute bags for government procurements will be blacklisted for two years and will face criminal proceedings. Even if a single jute bag being supplied to the government is found to be procured from abroad, action will be taken against owners and directors of the ...

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• 11 July

  After IITs, second-rung engineering colleges picking up on startup trend

  

  Journey of an Entrepreneur Founder and CEO of Freshdesk, which recently raised about Rs 317 crore ($50 million) from Tiger Global Management, Accel Partners and Google Capital, the company’s fifth investment. This is how Mathrubootham, an engineering graduate from SASTRA University in Tamil Nadu’s Thanjavur district and an MBA from the University ...

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• 10 July

  IRCTC to offer drinking water at Rs 5 per litre

  

  News: IRCTC soon will be giving drinking water “Rail Neer” for Rs 5 per litre. The price will remain the same on the platform as well as on the trains. 1,200 railway stations across the country, plans to set up 5,000 water vending machines so that passengers can get water ...

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• 10 July

  Corruption witnessed in Indian Railways can be captured and posted on COMS portal

  

  News: Railways Minister has said if anyone witnesses any case of corruption over India Railways, they can click a picture of the scene and post it on the Indian railways portal COMS. Immediate action will be taken by Indian Railways against the complaint. Link to the app is https://play.google.com/store/apps/details?id=com.cris.org Source:  ET

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• 10 July

  Innovator of zero-electricity fridge to build smart homes

  

  News: Wankaner’s clay craftsman Mansukhbhai Prajapati is a creator of the unique ‘Mitticool’ refrigerators that operate on zero electricity. He is now working on creating low cost, eco-friendly houses where the cooling and lighting will be completely natural. Mitticool Clay Creation earned Rs 50 lakh last year by selling products ...

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• 10 July

  India accepted as a full member of SCO

  

  News: The Beijing-based Shanghai Cooperation Organisation currently has China, Russia, Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan as members. India made an application last year for full membership of the grouping whose focus is on connectivity, counter-terrorism cooperation, bolstering cooperation in energy sector, enhancing trade and dealing with drug trafficking. India, which ...

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• 10 July

  ISRO successfully launches PSLV-C28

  

  News: Indian Space Research Organisation’s commercial launch capability reached a new high on Friday night when it successfully lunched five satellites built by UK’s Surrey Satellite Technology Limited (SSTL) at Sriharikota. The rocket successfully launched three identical DMC3 optical earth observation satellites, an auxiliary earth observation micro satellite (CBNT-1) and ...

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