1. Domestic e-commerce major Snapdeal has appointed Amitava Ghosh as Vice President-engineering. Ghosh will head company’s technology innovation centre in Bengaluru and lead the company’s future development of intuitive technology solutions.
2. National Aeronautics and Space Administration (NASA) has extended a contract worth US $490 million with Russian Federal Space Agency (Roscosmos) to carry US astronauts to the International Space Station (ISS).
3. On 6 August 2015 India’s telecom giant Airtel has commercially launched the high-speed 4G services across 296 towns across India . In April 2012 Bharti Airtel had first launched its 4G service in Kolkata and from then conducted trials in 51 cities.
4. Union Cabinet in order to empower state government and Public Sector Undertakings (PSUs) has approved to decentralise existing chartering arrangements for cargo shipping. In other words the leasing of cargo ships and its arrangements will be done directly by Centre and State PSUs without any interference by Ministry of Shipping.
5. The American global payments technology solution firm Visa Inc to test its pilot app-based mobile payments service ‘mVisa’ in India. mVisa app enables users to transfer money and make micro payments for services through mobile. Visa chose India for its pilot app as Indians does the highest e-commerce transactions over mobile in the world.
6. Now non resident single-branded retailers in India can operate their own outlets can franchise their stores and can even opt for wholesale business as per central government’s new notification. These single-brand retailers can opt for above said trading options only when they do business through subsidiaries in India or form a joint venture with Indian entity.
7. Union Cabinet gave its nod to a proposal to sign an agreement with UNESCO for establishment of a Centre for World Natural Heritage Management and Training for Asia-Pacific region. This centre will be established as a category-2 centre (C2C) of the UN body at the Wildlife Institute of India (WII) in Dehradun, Uttarakhand.
8. Union Cabinet has approved the proposal of direct release of wages in to the accounts of the workers engaged under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Direct release of wages system under the MNREGA aims to streamline the flow of funds and to empower state governments to deliver entitlements as per the objectives of the Act.
9. Parliament has passed the Delhi High Court Amendment Bill, 2015. Firstly it was passed in Rajya Sabha in May 2015 and later on 5 June 2015 it was passed in Lok Sabha by a voice vote. The Bill seeks to amend the Delhi High Court Act, 1966 in order to reduce the workload of the Delhi High Court.
10. Union Cabinet has approved hiving off Bharat Sanchar Nigam Limited (BSNL) mobile towers into a new company. Decision in this regard was taken in Union Cabinet meeting presided by Prime Minister Narendra Modi in New Delhi
2. National Aeronautics and Space Administration (NASA) has extended a contract worth US $490 million with Russian Federal Space Agency (Roscosmos) to carry US astronauts to the International Space Station (ISS).
3. On 6 August 2015 India’s telecom giant Airtel has commercially launched the high-speed 4G services across 296 towns across India . In April 2012 Bharti Airtel had first launched its 4G service in Kolkata and from then conducted trials in 51 cities.
4. Union Cabinet in order to empower state government and Public Sector Undertakings (PSUs) has approved to decentralise existing chartering arrangements for cargo shipping. In other words the leasing of cargo ships and its arrangements will be done directly by Centre and State PSUs without any interference by Ministry of Shipping.
5. The American global payments technology solution firm Visa Inc to test its pilot app-based mobile payments service ‘mVisa’ in India. mVisa app enables users to transfer money and make micro payments for services through mobile. Visa chose India for its pilot app as Indians does the highest e-commerce transactions over mobile in the world.
6. Now non resident single-branded retailers in India can operate their own outlets can franchise their stores and can even opt for wholesale business as per central government’s new notification. These single-brand retailers can opt for above said trading options only when they do business through subsidiaries in India or form a joint venture with Indian entity.
7. Union Cabinet gave its nod to a proposal to sign an agreement with UNESCO for establishment of a Centre for World Natural Heritage Management and Training for Asia-Pacific region. This centre will be established as a category-2 centre (C2C) of the UN body at the Wildlife Institute of India (WII) in Dehradun, Uttarakhand.
8. Union Cabinet has approved the proposal of direct release of wages in to the accounts of the workers engaged under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Direct release of wages system under the MNREGA aims to streamline the flow of funds and to empower state governments to deliver entitlements as per the objectives of the Act.
9. Parliament has passed the Delhi High Court Amendment Bill, 2015. Firstly it was passed in Rajya Sabha in May 2015 and later on 5 June 2015 it was passed in Lok Sabha by a voice vote. The Bill seeks to amend the Delhi High Court Act, 1966 in order to reduce the workload of the Delhi High Court.
10. Union Cabinet has approved hiving off Bharat Sanchar Nigam Limited (BSNL) mobile towers into a new company. Decision in this regard was taken in Union Cabinet meeting presided by Prime Minister Narendra Modi in New Delhi
