Current Affairs - Business
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Exercise : Business - Latest Current Affairs
- Business - Latest Current Affairs
1.
Which fintech startup entered the unicorn club in April 2026 after securing $280 million in pre-IPO funding?
Answer: Option
Explanation:
KreditBee achieved unicorn status in April 2026 after raising $280 million in a pre-IPO funding round, reaching a valuation of $1.5 billion. The company has shown strong financial performance, reporting ₹2,700 crore in revenue and ₹473 crore in net profit for FY25. Its Assets Under Management (AUM) grew significantly to ₹15,000 crore in FY26. The funding will support expansion in secured and MSME lending segments. Additionally, the company is preparing for an IPO, including merging its tech and NBFC entities, marking a significant milestone in its growth journey.
Date : 2026-04-10
2.
Which company signed an MoU with IIT Bombay to develop a 3D Digital Twin for smart infrastructure?
Answer: Option
Explanation:
Tech Mahindra entered into a strategic partnership with IIT Bombay to develop a 3D Digital Twin of the institute’s Gymkhana building. This initiative showcases the use of advanced technologies such as Building Information Modelling (BIM), 3D rendering, cloud-based visualisation, and IoT integration. The digital twin will enable real-time monitoring, predictive maintenance, and efficient resource management. It also aims to support data-driven decision-making for smart campus development. As a pilot project, it demonstrates scalability potential, allowing similar frameworks to be extended across the entire campus in the future, thereby enhancing operational efficiency and infrastructure management.
Date : 2026-03-30
3.
Which company signed an MoU with the National Council for Cement and Building Materials (NCB) to strengthen construction skills?
Answer: Option
Explanation:
The National Council for Cement and Building Materials entered into a Memorandum of Understanding with UltraTech Cement Limited to enhance construction-related skills across the sector. The collaboration focuses on training civil engineers, contractors, RMC professionals, and masons over a period of three to five years. Key areas of training include technical aspects such as material testing and concrete mix design, as well as sustainable construction practices aligned with environmental goals. The initiative also emphasizes practical learning through workshops, site demonstrations, and exposure visits to cement plants and ready-mix concrete facilities, thereby improving industry standards and workforce capability.
Date : 2026-03-28
4.
Which organisation partnered with the National Commission for Women to launch the Women’s Digital Safety Awareness Initiative?
Answer: Option
Explanation:
The National Commission for Women collaborated with Truecaller to launch the Women’s Digital Safety Awareness Initiative in March 2026. This partnership focuses on enhancing digital safety for women by addressing online risks such as phishing, impersonation, harassment, and financial fraud. A key component of the initiative is the “TrueCyberSakhi: A Digital Safety Toolkit,” which provides interactive learning modules, self-assessment tools, and practical safety guidelines. Additionally, Truecaller verified the NCW’s 24x7 helpline on its platform, helping users identify authentic communication channels and reducing the risk of fraud or impersonation.
Date : 2026-03-27
5.
Which company signed a Memorandum of Understanding (MoU) with DPIIT to support startups in the manufacturing and HVAC sectors?
Answer: Option
Explanation:
Blue Star Limited entered into a strategic partnership with the Department for Promotion of Industry and Internal Trade (DPIIT) to strengthen the manufacturing startup ecosystem, particularly in the HVAC sector. This collaboration focuses on promoting innovation in areas such as advanced manufacturing, digital solutions, and supply chain improvements. Startups will benefit from access to R&D facilities, expert mentorship, and opportunities for product testing and validation. The initiative also includes organising innovation challenges and hackathons, enabling startups to develop scalable solutions and integrate into global value chains, thereby boosting India’s industrial growth.
Date : 2026-03-25
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