Current Affairs - Business
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Exercise : Business - Latest Current Affairs
- Business - Latest Current Affairs
1.
Which company will commence sustainable aviation fuel (SAF) production at its Panipat refinery in December 2025?
Answer: Option
Explanation:
Indian Oil Corporation is set to begin sustainable aviation fuel (SAF) production in December 2025 at its Panipat refinery with a planned annual capacity of 35,000 tonnes. The initiative is designed to support India’s international airline SAF blending targets by 2027, helping reduce the aviation sector’s carbon footprint. Notably, the project will use used cooking oil as a feedstock, aligning with global sustainability practices. Indian Oil has also secured ISCC CORSIA certification, ensuring compliance with international carbon reduction and sustainability standards. This development highlights India’s commitment to green energy and its role in advancing cleaner aviation fuels.
Date : 2025-08-19
2.
Which Indian company won its first-ever overseas rail-metro project from Malaysia worth USD 1 million?
Answer: Option
Explanation:
BEML Limited, a state-owned engineering and manufacturing company under the Ministry of Defence, secured its first international rail-metro contract from Malaysia. Valued at USD 1 million, the project involves retrofitting and reconditioning Malaysia’s Mass Rapid Transport (MRT) System to enhance operational efficiency and extend service life. This milestone marks BEML’s entry into the global rail and metro services market, expanding its presence beyond India. With established expertise in defence, aerospace, mining, construction, and rail sectors, BEML’s success in Malaysia strengthens India’s footprint in international infrastructure projects and opens new opportunities in South-East Asia and other global markets.
Date : 2025-08-11
3.
Which Indian auto components manufacturer is set to acquire Slovakia-based IAC Group through its British subsidiary Artifex Interior Systems Ltd?
Answer: Option
Explanation:
Tata AutoComp Systems Ltd, a leading Indian auto components manufacturer, has announced plans to acquire Slovakia-based IAC Group through its British subsidiary, Artifex Interior Systems Ltd. This strategic acquisition will enhance Tata AutoComp’s presence in Europe, particularly in the automotive interiors segment. The IAC Group is well-known for producing interior components such as instrument panels, door trims, and consoles for leading global automotive brands. By integrating IAC Slovakia into its operations, Tata AutoComp will gain deeper access to European OEM supply chains, strengthen its manufacturing capabilities, and align itself with emerging industry trends like EVs and smart interiors.
Date : 2025-08-09
4.
Which company has acquired Italian truckmaker Iveco for €3.8 billion in its biggest deal since Corus?
Answer: Option
Explanation:
Tata Motors has acquired Italian truck and bus manufacturer Iveco for €3.8 billion, marking its largest deal since the Corus acquisition in 2007 and its most significant move in the automotive sector since taking over Jaguar Land Rover in 2008. This strategic acquisition strengthens Tata Motors’ global position in the commercial vehicle segment by combining its dominance in India with Iveco’s strong presence in Europe and the Americas. The deal is expected to boost innovation in zero-emission transport, expand global market access, and challenge industry leaders like Volvo and Daimler, reinforcing Tata Motors’ ambitions to be a global CV powerhouse.
Date : 2025-08-06
5.
What is the name of the new taxi service launched by the cooperative sector to rival Ola and Uber?
Answer: Option
Explanation:
The cooperative sector has launched a new taxi service named ‘Bharat’ with the objective of competing directly with established players like Ola and Uber. This initiative involves eight major cooperatives, including the National Cooperative Development Corporation, under the banner of the Multi-State Sahakari Taxi Cooperative Ltd. With a financial backing of ₹300 crore and a starting fleet of 200 drivers operating across four states, the rollout is expected by the end of 2025. This move aims to strengthen the presence of cooperative ventures in the transport sector while promoting more community-driven economic models in public services.
Date : 2025-08-04
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