Current Affairs - Business

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Exercise :: Business - Latest Current Affairs

  • Business - Latest Current Affairs

Which airlines becomes first Indian airline to have 200 aircraft?

A. SpiceJet
B. IndiGo
C. GoAir
D. Vistara Airlines

Answer: Option B


Four new aircraft have joined the fleet, including two Airbus A320 ceo (VT-IKA and VT-IKB) and two A320 neo (VT IZK AND VT-IZI), taking the fleet count to 200 and number of deliveries to 226. IndiGo currently offers over 1,200 flights to 63 domestic destinations, which include 49 domestic and 14 international ones. The airline, founded by billionaires Rahul Bhatia and Rakesh Gangwal, started operations in August 2006 with a Delhi-Imphal flight.


'Ideate for India' is the joint collaboration between National e-governance Division and which technological giant?

A. Infosys
B. Intel
D. Facebook

Answer: Option B


Union Minister Ravi Shankar Prasad has launched National Challenge for Youths 'Ideate for India - creative solutions using technology' at New Delhi on December 6. The aim of this National Challenge is to give school students across the country a platform and opportunity to become solution creators for the problems they see around them and their communities. It is open to students of classes 6 - 12 all across the country - all 29 States and 7 Union Territories and aims to reach out to at least 1 million youth over the next 3 months. "Ideate for India" will help inculcate innovation skills in youth and equip all students to utilise technology for the betterment of their communities and the society at large. Simultaneously, this will prepare them to contribute towards the realization of Digital India goals. The challenge has been designed and launched by the National e-governance Division in collaboration with Intel India, with support from the Department of School Education and Literacy (DoSE&L) of Ministry of Human Resources Development (HRD).


Who gets SEBIs approval to launch 2 new schemes?

A. L & T Finance Limited
B. ICICI Group
C. Yes Asset Management
D. Birla Global Finance Limited

Answer: Option C


Yes Bank, a Private sector lender, announced that its wholly-owned subsidiary Yes Asset Management received SEBI's approval to launch two mutual fund schemes. The asset management company is to launch two schemes, Yes Liquid Fund and Yes Ultra Short Term Fund. Yes Asset Management, India is the latest Indian company to enter the mutual fund segment.


Which company opened its new technology and innovation hub in Hartford?

A. Infosys
C. Oracle
D. Facebook

Answer: Option A


Infosys opened its new technology and innovation hub in Hartford, Connecticut. It has hired more than 7,000 American workers in the last 18 months. The Hartford hub will help Infosys work more closely with its clients in the region and serve as the global hub for Infosys' InsurTech and HealthTech efforts. It is expected that labs at the Hartford hub will bring together expertise in business and technologies such as blockchain, extended reality and cognitive capabilities with techniques like design thinking, agile and DevOps.


Name the IT firm which will buy 7 IBM Products over Rs 12,700 crore.

A. HCL Technologies
B. Infosys
D. Capgemini

Answer: Option A


Noida-based IT major HCL Technologies will acquire seven IBM products by mid-2019 for $1.8 billion (over Rs 12,700 crore) in its biggest ever acquisition so far. The all-cash deal entails software in areas including security, marketing, collaboration solutions, and represents a total addressable market of over $50 billion. The deal includes the transfer of some IBM employees as well.