Sunday, 16 October 2016

Important Companies list for competitive exams


BUSINESS NEWS (NATIONAL & INTERNATIONAL)


S.No

Companies

Key Points







DOMESTIC COMPANIES


1.
Gurgaon-based online pharmacy
Acquired diagnostic labs aggregator Medd (HolaMed Healthcare Technologies Pvt. Ltd



1mg






2.
Aditya Birla Fashion& Retail
Acquired global clothing brand ’Forever 21’


3.
Myntra Designs Pvt. Ltd

Acquired Bangalore-based Cubeit


4.
Tech Mahindra Ltd (TechM)
Acquired UK-based digital transformation firm The BIO Agency Ltd


5.
Exide Life Insurance


Announced Mahendra Singh Dhoni as its brand ambassador.


6.
E-commerce  major  Flipkart  &
Entered into collaboration where flipkart will sell complete range of accessories of



Royal Enfield


Royal Enfield


7.
Tata Power Renewable Energy Ltd
Acquired the renewable energy (RE) subsidiary of Delhi-based Welspun Renewables



(TPREL)



Energy Pvt Ltd (WREPL).


8.
Mahindra & Mahindra (MandM)
Incorporated its agricultural equipment rental services arm Trringo.com as a wholly-







owned subsidiary.


9.
National
Buildings
Construction
Takeover of Hindustan Steel Works Construction Limited (HSCL)



Corporation Ltd (NBCC)




10.
Tata Group


Launched 'Tata CliQ', an online & app-based platform to let users buy apparel &







electronics.


11.
Online marketplace Snapdeal
Established a data sciences centre in San Carlos, California, which will help it to get top







global talent & build high-value solutions.


12.
Reliance Industries


Sold its stake in African fuel retailer Gulf Africa Petroleum Corporation (GAPCO) to Total







S. A. of France.


13.
Tech Mahindra


To acquire UK based Target Group to strengthen its BFSI portfolio.


14.
Tata Communications Ltd
Sold 74% stake in its data centre business in India & Singapore to ST Telemedia


15.
Tata  Sons  Chairman
Emeritus
Invested in San Francisco-based medical emergency response startup MUrgency Inc.



Ratan Tata





16.
Snapdeal


Acquired Targeting Mantra, a move that will help the ecommerce major enhance







personalisation of shopping experience of customers


17.
Infosys
co-founder
Nandan
Invested in train travel app, RailYatri.In.



Nilekani






18.
Reliance Jio Infocomm

Launched its digital wallet service, called as JioMoney Wallet, for Indian consumers.


19.
Snapdeal App


Tied up with UrbanClap to provide over 80 personal & home services on the online







retailer's android app.


20.
Union Govt. has approved Infosys to
set up an IT/ITeS special economic zone (SEZ) in Bengaluru in an area spread over 4



hectares.






21.
E-commerce giant Flipkart
Partnered with a Bangaluru based social technology company 'MapUnity' to launch its







map services


22.
Paytm,
India's  largest
mobile
Partnered with the Wipro ltd to implement technology infrastructure for its upcoming



payments


Payment bank business


23.
Bharti Airtel & networking player
Announced partnership to increase its direct reach in West Asian countries.



GBI






24.
Bharat
Petroleum
Corporation
To invest Rs. 3,000 in Bharat Oman Refineries Limited (BORL)



Limited (BPCL)





25.
Isuzu Motors India


Opened its new manufacturing plant in Sri City, Andhra Pradesh


26.
Reliance Power


Govt. of Bangladesh has granted in-principle approval for the first phase of Reliance







Power’s gas-based power project in Bangladesh at Meghnaghat (Narayanganj district),







Dhaka


27.
Mondelez India


Inaugurated a plant in Tada, SriCity, Andhra Pradesh. This is the largest plant in the







Asia-Pacific region.


28.
Videocon d2h


Tied Up With Vodafone M-pesa through which Vodafone customers can recharge using







the proven m-pesa platform







29.

Housing.com


Former KPMG Director Dilip Tuli appointed as the new Senior Vice President - Strategy










& New Business Initiatives of Housing.com






30.

Mahindra & Mahindra


Became the first Indian company to join a global energy campaign, EP100, led by an









international non-profit group, The Climate Group.





31.

Golden Tobacco Ltd.


Became the first company in India to implement the Union Health Ministry’s Cigarettes










Packaging Amendment Rules, 2014.






32.

Flipkart


Has acquired payments startup PhonePe Internet Pvt. Ltd.





33.

Future Group


Acquired Rocket Internet’s online furniture platform Fab Furnish



34.

Bharti Airtel


Acquisition of 20 MHz spectrum in eight circles from Aircel.




35.

Hero Cycles


Acquired 60 % stake of Sri Lanka' BSH Ventures






36.

Oil & Natural Gas Corporation Limited (ONGC) took over the infrastructure of abandoned Tapti gas field in western offshore




from its joint venture partners Reliance Industries & BG.
















FOREIGN COMPANIES







37.

Search giant Google


Acquired a French startup called Moodstock






38.

European aviation major Airbus

Awarded contract to Mahindra Aerostructures to supply airframe parts for its AS565





Helicopters


MBe Panther copter








39.

Microsoft


To acquire professional social platform LinkedIn for $26.2 billion.


40.

Coca-Cola Company


Will set up a bottling plant in Sitarganj, Uttarakhand





41.

Google


Won a major US court battle with software firm Oracle





42.

ONGC Videsh Ltd (OVL)


Signed a pact with the trading arm of Azerbaijan's state energy company SOCAR (State










Oil Company of Azerbaijan Republic) to foray into oil trading.




43.

Finland-based companies, Nokia

Signed a 10-year licensing deal to market Nokia-branded phones & tablets.




& HMD Global Oy (HMD)














44.

Pfizer Inc


Acquire biopharmaceutical firm Anacor Pharmaceuticals





45.

Blackstone Group


Buying Hewlett Packard Enterprise Co.’s majority stake in Indian outsourcing firm









Mphasis Ltd









46.

E commerce company, Amazon

Launched its online video service, called Amazon Video Direct



47.

Asia’s leading cloud telephony

Announced the acquisition of Delhi-based Smartwards, a customer engagement




company, Knowlarity


platform that simplifies loyalty for local businesses & their customers.




Communications














48.

The Global data services


Launched its 'Hunter Fraud Score' in India. The mechanism will help to measure the





company, Experian


probability of fraud in a credit application across banking & insurance industries. It will










help the country to increase their efficiency in fraud detection.


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