Monday 23 May 2011

Corporate World: Business current affairs

Current Affairs on Corporate World: Read Business Current Affairs of Year 2011. This Article Contains Major Business Deals and other Major Corporate News from all over the world

Corporate World: Business current affairs
India is flourishing with trade and business agreements with various countries, which are helping it, grow everyday. The corporate news and business current affairs are all the top stories of the day. Some of them are listed below:

• The Coimbatore state is not happy with the New Railway budgets. The commuters said there is nothing new about the new express train between Coimbatore and Tuticorin.Paodanur will continue beg the boarding point of kerala and Bangalore.
• Abdul Rehman Al-Rabiah, Chairman of Saudi Arabia, opened new options for business deals and agreements with India stating that both the countries have not used their mutual strength which would bring prosperity to both.
• Fortis health global healthcare has stated that it will increase its Australia based dental corporation holdings from 33% to 58.6%
• An exhibition will be held in Mumbai from March 2 onwards, exhibiting the water industry and taking on subjects like water pollution, drinking water, management techniques and so on.
• Business talks between India and Uruguay. India has extended a hand towards business agreements with Uruguay especially in fields of textile, information technology and automobile.
• Mr. Satish Babu, the president of Inapp, Has been appointed the new director of International Centre of free and open source software (ICFOSS).
• Indian Railway announced that it spends 42% of its income in wages. Railway in 2009-2010 has spent 42 paisa of every rupee they had earned on staff wages and allowances.
• A new wind power project of 5.25MW has been commenced in Madhya Pradesh, by Nakoda Limited, the polyester filament yarn company.
• On 28 February 2011, Pranab Mukherjee will deliver the longest budget speech.
• Domestic air fares might shoot to 14%, domestic hotel tariffs might shoot to 6% and even car rentals might increase.
• According to official figures India is the second largest source for international students in New Zealand after China
• An American Employee of Infosys has filed a complaint against Infosys for visa and tax fraud.
• India is still lagging behind in the performance of textile industry. Its global contribution is of 4.3 % while China’s is 28.3%
• India is working on accomplishing the goal of giving payments to Iran for its oil products and imported oil.
• The west Asia and North Africa countries was the biggest potential gem and jewelry exports from India, but the tension between Libya and middle east might hamper the growing business agreements between the two.

The corporate news, business agreements between the countries and current business affairs is important to study the economy of one’s country and analyze the market.

Sunday 22 May 2011

Sports affairs: 2010 and sports personalities

Since ages physical activity is considered good for human health and is a source of building personality. Today, it also depicts National pride and prestige. Government, both national and international supports the promotion of sports and has put forward various programmes which promote this field and also coaching centre and expose the players to competition. Here are some of the sports related achievements and failures in current affairs of 2010, the sport personalities in picture and more.

Sports Current Affair 2010:

  • Cricket: Rumors had it that cricket had been removed from the 2014 Asian Games because Olympic Committee had decided to keep maximum of 35 games in the event. However these rumors were false as OCA recently confirmed that cricket and Karate are two confirmed sports in the non Olympic events.
  • Racing: The recent popular sport personality Fernando Alonso of Ferrari because of his recent achievements was expected to be the possible winner of the Abu Dhabi Grand pix but to the surprise of many the title slipped from his hand to that of Vettel, considered being the youngest Formula 1 Champion in history of F1 racing. He is just 23 years old.
  • Football: Chelsea again lost against Birmingham city. This is the third defeat out of the four matches Chelsea played, losing quite a number of fans. This win by Manchester United helped the team rank up in the English Premier League. Great achievement.
  • Tennis: The two outstanding sport personalities Rafael Nadal and Roger Federer continue holding their position in ATF rankings as number one and number two, while Kim Clijtsers has fallen to the number three position in WTA rankings followed by Serena Williams.
  • Badminton: The great super sports personality Saina Nehwal wins the open series of Hong Kong. her record is far above any other female player
  • Cricket: the favorite of all and the much devoted sports personality Sachin Tendulkar Scored 50 centuries in second innings of first test match against South Africa. He scored in 196 balls, an awesome score of 12 fours and 1 six. Since the team had lost in the first innings, this was a great victory.
  • Football: The two outstanding sport personalities Rafael Nadal and Roger Fedrer continue to hold their rankings as number one and number two in ATP, on the other hand Kim clijsters fell to the third position in WTA rankings followed by Serena Williams.

Above are given some of the current sports affairs of 2010 with the achievements and losses of some great sport personalities.

Current Corporate affairs in Bihar and Madhya Pradesh

There a lot of news happening around us, especially in the corporate sector. One of the fastest growing economies is of Bihar and Madhya Pradesh, who have worked hard to achieve the state they are in at present. There is a lot happening in these states, current affairs of Bihar and Madhya Pradesh.

Corporate news in Bihar:

  • The per capita income of Bihar has shown remarkable growth in the recent years.
  • After arresting 4 people, the police claimed to have arrested this inter state gang who were involved in duping a group of job aspirants in Uttar Pradesh, Bihar and Haryana.
  • Nitish Kumar, the chief minister of Bihar, urged the railway minister, Mamta Banerjee to complete various railway projects that are left incomplete and also speed up the process of running the new trains on the tracks, as promised. Also, to complete the work of the Duranto Express, this is to run between Patna and Delhi.
  • The Chief Electoral Officer, Sudhir Mishra with his team toured to West Bengal and asked district authorities and police officials to hurry the action against the general and political clashes. The Election Commission is not happy with their approach of not executing illegal arms, non-bailable warrants and liquor.
  • Dusadh community, the only caste of Mahadalits who had been provided proper redressal to their grievances have their chance now, as the Bihar chief minister Nitish Mishra has decided to provide lands for building houses to them.

Corporate news in Madhya Pradesh:

  • The Chief Minister of Madhya Pradesh Shivraj Singh Chouhan has requested the Prime Minster to permit the allotment of forest land to private companies. In Madhya Pradesh, due to extreme cold and frost, the pulses, fruits and vegetables have been destroyed. This has led to suicide of 7 farmers, worrying the Government. Extreme cold has led to hampering the growth of chana and wheat in Madhya Pradesh.
  • By Surprising everyone, the Madhya Pradesh chief minister, Shivraj Singh Chouhan went on fasting, stating that he is facing discrimination by the UPA-led central government. He mentioned that the central government was not taking any action against the legitimate rights of Madhya Pradesh, by not providing compensation to the farmers.
  • Madhya Pradesh tops the list of wickedness and cruelty inflicted on the Schedule Tribes. Jamshedpur, national commission for Schedule Tribe will take steps to reduce such atrocities inflicted upon them.

This article includes corporate current news in Madhya Pradesh and Bihar and the way solutions are provided to the on going problems.