12 Jul 2016

Google CEO Sundar Pichai turns 44

Sundar Pichai, the Indian-born CEO of Google, turned 44 today.

Leadsom drops out, May to become the next UK PM

One of the two Conservative Party lawmakers competing to become the successor of British Prime Minister David Cameron, Andrea Leadsom, pulled out of the race.

Coal India to buy back its shares

Coal India has decided to buy back it shares of over Rs.10 crores.

Sardar Singh will not captain India in Rio Olympics

In a major decision, Hockey India removed Sardar Singh from captaincy and named goalkeeper P.R.Sreejesh as the skipper of the team representing India at Rio Olympics.

India's HDFC set to raise Rs.3,000 crore through masala bonds

India's biggest private-sector bank, Housing Development and Finance Corporation (HDFC) is looking to raise up to Rs.3,000 crores by means of issuing synthetic bonds.

Arvind Panagariya touted to be the next RBI governor

India's PM Narendra Modi could look at naming Arvind Panagariya as the next RBI governor, succeeding Raghuram Rajan.

Modi-led government focused on repairing and reforming the economy

Credit Rating and Information Services of India Limited (CRISIL) released a report on two years of PM Narendra Modi's government.

Indian firms lead the way in Transparency International's survey

Transparency International released a survey in which India has been named the most transparent country with respect to firms or companies while China the most opaque.

11 Jul 2016

Nirma bags LafargeHolcim cement assets for $1.4 billion

Ahmedabad's detergent maker Nirma Limited has agreed to buy Lafarge India's 11 million tonnes per annum (mtpa) cement assets for Rs 9,300 crore ($1.4 billion).

WhatsApp co-founder invests in 'Trak N Tell'

Car tracking solutions startup Trak N Tell, has raised funding from a group of investors, led by WhatsApp co-founder Brian Acton.

Why do we celebrate World Population Day?

World Population Day, which is celebrated every year on July 11, was instituted by the General Council of the United Nations Development Programme in 1989. It marked the outgrowth of the Day of Five Billion, marked on July 11, 1987.

Chat app Line targets $1.14B raise in IPO

Japanese messaging-app operator Line Corp. announced pricing for its dual initial public offering in New York and Tokyo, raising $1.14 billion ( 115.5 billion yen ).

Centre announces compensation of Rs.5 lakh for cross-border firing victims

Home Minister Rajnath Singh on 8th July, 2016, enhanced the compensation amount to be received by victims of cross-border firing.

Lamborghini eyes new customers in India

Lamborghini is expecting to grow its business in Indian markets with new emerging customers like first generation entrepreneurs and demands coming in from smaller cities.

Air India drops airfares on four trunk routes

In an attempt to attract more air travelers and achieve more seat occupancy, Air India has announced to lower the last-minute fares of its unsold seats.

World Bank chief tells India to focus on stunted children

At a recent visit, World Bank President, Jim Yong Kim sounded a dire warning to India on its present levels of nutrition amongst children, resulting in stunted growth.

Andy Murray crushes Raonic's grand slam dream

Milos Raonic lost to Britain's Andy Murray in the finals of the 2016 Wimbledon tennis championships.

What happened last week?

July 2016 began as one of the most eventful months in World Politics.