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Saturday, November 1, 2014

OCT 30,2014


  • Scientist grown miniature human stomachs from stem cells .These stomachs will help in study of gastric disease such as ulcers.
  • Pankaj Advani won grand double by clinching the World billiards championship at Leeds(England).He cruised past England's Robert Hall.
  • WhatsApp founders Jan Koum and Brian Acton receives 116 million shares of Facebook stock now worth nearly $9 billion.Jan Koum is the 4th largest stockholder in Facebook with the share of  $5.8billion.
  • Harley-Davidson launches 3 new motorcycles.Rs..16.28 lakh, 29.70 lakh & 49.24 lakh.
  • Gold loan firm Manappuram Finance Ltd. will acquire majority stake in Chennai-based Asirvad Micro-finance Private Ltd.,a firm which Lok Capital has a 24% .
  • The Federal Reserve to keep a key interest rate at a record low to support a U.S. job market.
  • SunEdison has announced announced that it has won 150 MW of the 500 MW solar power announced by Karnataka Renewable Energy Development Ltd.
  • IBM has announced a partnership with Twitter to help shape business decisions using data collected from tweets worldwide.
  • Glenworth Estate made a foray into the retail sector with the launch of Glendale's authentic Green Tea in the premium segment.
  • Tata AIA Life Insurance Company(Tata AIA Life) announced the appointment of Naveen Tahilyani as its Chief Executive Officer and Managing Director.
  • The Sanmar group is planning to inject additional investment $150 million more into its Egyptian venture Trust Chemicals Industries of Egypt
  • New India Assurance, said the company had already made payment 80% claims from flood-affected Jammu & Kashmir and 50% of claims arising out of Hudhud cyclone affected areas of Andhra Pradesh.
  • The Reserve Bank of India has raised the limit for urban co-operative banks to sanction loan against gold collateral to Rs.2 lakh from Rs.1 lakh at present.It gives gold loan under bullet repayment scheme.
  • Cipla launches low-cost generic respiratory drug.
  • British luxury car manufacturer Jaguar Land Rover opened a $800-million engine manufacturing centre in western England, creating 1,400 jobs.

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