Current Affairs - Business
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Exercise : Business - Latest Current Affairs
- Business - Latest Current Affairs
1.
Which company received SEBI approval to operate as a merchant banker in India?
Answer: Option
Explanation:
Zerodha received official registration from the Securities and Exchange Board of India (SEBI) on September 1, 2026, to operate as a merchant banker in India through Zerodha Corporate Advisors. The application was submitted on April 27, 2026, and the registration was granted with perpetual validity. The approval allows the firm to handle capital market activities such as Initial Public Offerings (IPOs), Follow-on Public Offers (FPOs), rights issues, and related advisory services. With this approval, Zerodha became the 249th registered merchant banker in India as of August 31, 2026. The development follows SEBI’s revised capital and regulatory requirements for merchant banking operations.
Date : 2026-09-06
2.
Which company partnered with UNDP India to support 50,000 Safai Mitras and strengthen waste management across 50 cities?
Answer: Option
Explanation:
Hindustan Unilever Limited (HUL) partnered with UNDP India on August 27, 2026, to support 50,000 Safai Mitras and strengthen waste management across 50 cities by 2028. The initiative focuses on formalising livelihoods, improving occupational safety and social security, and promoting the inclusion of women waste workers. HUL’s Project Circular Bharat promotes plastic circularity through financially viable recycling models, while Project Utthaan focuses on social inclusion and dignity for waste workers. The programme also emphasises source-level waste segregation, recovery value chains, and open-source toolkits for government bodies, in coordination with relevant Union ministries.
Date : 2026-08-30
3.
Which company acquired Porsche subsidiary MHP Management for an enterprise value of €320 million?
Answer: Option
Explanation:
Tata Consultancy Services (TCS) acquired 100 per cent of the shares of MHP Management- und IT-Beratung GmbH, a subsidiary of German automaker Porsche, for an enterprise value of €320 million. The acquisition, announced on August 24, 2026, is part of a broader strategic partnership between TCS, MHP, and Porsche. Porsche also signed a five-year partnership valued at €1.25 billion. The collaboration includes establishing a dedicated AI Mobility Centre of Excellence for Porsche and focuses on next-generation manufacturing technologies, software-defined mobility, and digital transformation. TCS is headquartered in Mumbai and was founded in 1968.
Date : 2026-08-28
4.
Which company signed a Shareholders’ Agreement for the joint development of the 920 MW Punatsangchhu-III Hydroelectric Project in Bhutan?
Answer: Option
Explanation:
JSW Energy signed a Shareholders’ Agreement with Bhutan’s Druk Green Power Corporation (DGPC) on August 17, 2026, for the joint development of the 920 MW Punatsangchhu-III Hydroelectric Project. The project is located in Wangdue Phodrang District of Bhutan and will utilise the country’s Himalayan river systems to generate clean hydropower. DGPC will hold a 51% equity stake, while JSW Neo Energy, a subsidiary of JSW Energy, will hold 49%. This project is particularly significant because it marks JSW Energy’s first power generation venture outside India and supports Bhutan’s continued expansion of renewable energy.
Date : 2026-08-18
5.
Which Indian company partnered with Norway’s Hystar AS for the phased indigenisation and local manufacturing of PEM electrolyser systems?
Answer: Option
Explanation:
BHEL partnered with Norway-based Hystar AS on August 17, 2026, to promote the phased indigenisation and local manufacturing of Proton Exchange Membrane (PEM) electrolyser systems in India. The collaboration aims to support the country’s growing green hydrogen market and strengthen project execution capabilities under the National Green Hydrogen Mission and Make in India initiative. With this partnership, BHEL becomes one of the few Indian companies capable of offering both alkaline and PEM electrolyser solutions. BHEL, established in 1964 and headquartered in New Delhi, is India’s largest engineering and manufacturing enterprise in the energy and infrastructure sector.
Date : 2026-08-18
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