1. The much-awaited ambitious Dedicated Freight Corridor (DFC) project of government has announced to commission its first 56-kilometer stretch in Bihar. Out of total 3,300 km stretch the 56 kilometer developed between Durgawati and Sasaram will be commissioned by the end of March 2016.
2. On 7 August Bharat Heavy Electricals Limited (BHEL) commissioned a 500 MW thermal unit of NTPC’s Vindhyachal Super Thermal Power Station (STPS) in Vindhyanagar, Singrauli district of Madhya Pradesh. BHEL has successfully commissioned the seventh unit of 500 MW at Vindhyachal power station summing up to 3,500 MW the highest done by BHEL in power projects.
3. Mutual Fund sector witnessed fifth exit of foreign fund house in two years from India on 7 August, as Pramerica Mutual Fund (MF) a company affiliated to US based Prudential Financial Inc. buys out German Deutsche Bank Group’s MF business in India for 400 crore rupees.
4. An annual festival of Tendong Lho Rum Faat of the ethnic Lepcha tribe of Sikkim was celebrated with traditional devotion and fanfare across the state.
5. Maharashtra government has signed a Memorandum of Understanding (MoU) with the Tiawan-based Foxconn to set up its manufacturing facility in the state. The MoU was signed in presence of Chief Minister Devendra Fadnavis and Foxconn Chairman Terry Gou in Mumbai, Maharashtra.
6. President Pranab Mukherjee has appointed Acharya Dev Vrat and Ram Nath Kovind as the governors of Himachal Pradesh and Bihar respectively. Their appointments will take into effect from the dates they assume charge of their respective offices
7. Union Government has decided to allow Aadhaar enrollment of Persons of Indian Origin (PIOs), Overseas Citizen of India (OCIs) and Non-Resident Indians (NRIs). It was announced by Union Planning Minister Rao Inderjit Singh in written reply to Lok Sabha.
8. Global software giant and consultancy Accenture has appointed Rekha Menon as the new chairperson for its India operations. She will succeed Avinash Vashistha who had resigned earlier in July 2015. With this appointment, Menon became Accenture’s first woman head in India.
9. India has decided to boycott the 61st Commonwealth Parliamentary Conference (CPC) which is scheduled to be held in Islamabad in September 2015. India took this extreme step in order to protest Pakistan’s (CPC 2015 host) unilateral decision of not inviting Jammu and Kashmir (J&K) Assembly speaker Kavinder Gupta. This decision was unanimously taken at a meeting of Speakers of all States and was announced by Lok Sabha Speaker Sumitra Mahajan.
10. Thomas Cook (India) Ltd has acquired Zurich based Kuoni Group’s travel businesses in India and Hong Kong for 535 crore rupees. Kuoni entered India in 1996 by acquiring travel brand SOTC and destination management brand SITA. The acquisition includes these two units of Kuoni.
2. On 7 August Bharat Heavy Electricals Limited (BHEL) commissioned a 500 MW thermal unit of NTPC’s Vindhyachal Super Thermal Power Station (STPS) in Vindhyanagar, Singrauli district of Madhya Pradesh. BHEL has successfully commissioned the seventh unit of 500 MW at Vindhyachal power station summing up to 3,500 MW the highest done by BHEL in power projects.
3. Mutual Fund sector witnessed fifth exit of foreign fund house in two years from India on 7 August, as Pramerica Mutual Fund (MF) a company affiliated to US based Prudential Financial Inc. buys out German Deutsche Bank Group’s MF business in India for 400 crore rupees.
4. An annual festival of Tendong Lho Rum Faat of the ethnic Lepcha tribe of Sikkim was celebrated with traditional devotion and fanfare across the state.
5. Maharashtra government has signed a Memorandum of Understanding (MoU) with the Tiawan-based Foxconn to set up its manufacturing facility in the state. The MoU was signed in presence of Chief Minister Devendra Fadnavis and Foxconn Chairman Terry Gou in Mumbai, Maharashtra.
6. President Pranab Mukherjee has appointed Acharya Dev Vrat and Ram Nath Kovind as the governors of Himachal Pradesh and Bihar respectively. Their appointments will take into effect from the dates they assume charge of their respective offices
7. Union Government has decided to allow Aadhaar enrollment of Persons of Indian Origin (PIOs), Overseas Citizen of India (OCIs) and Non-Resident Indians (NRIs). It was announced by Union Planning Minister Rao Inderjit Singh in written reply to Lok Sabha.
8. Global software giant and consultancy Accenture has appointed Rekha Menon as the new chairperson for its India operations. She will succeed Avinash Vashistha who had resigned earlier in July 2015. With this appointment, Menon became Accenture’s first woman head in India.
9. India has decided to boycott the 61st Commonwealth Parliamentary Conference (CPC) which is scheduled to be held in Islamabad in September 2015. India took this extreme step in order to protest Pakistan’s (CPC 2015 host) unilateral decision of not inviting Jammu and Kashmir (J&K) Assembly speaker Kavinder Gupta. This decision was unanimously taken at a meeting of Speakers of all States and was announced by Lok Sabha Speaker Sumitra Mahajan.
10. Thomas Cook (India) Ltd has acquired Zurich based Kuoni Group’s travel businesses in India and Hong Kong for 535 crore rupees. Kuoni entered India in 1996 by acquiring travel brand SOTC and destination management brand SITA. The acquisition includes these two units of Kuoni.
