Call Support +91-85588-96644

Exam Categories

International Tests

View More

Defence & Para Military

Assessment-I

View More

Assessment-II

View More

Placement & IT Sector

Assessment-III

View More

Aptitude/GK/Vocational Skill Tests

View More
TCYonline

Login

Sign Up

Please enter a Username or Email ID
Please enter a password
Keep me logged in
Forgot Password?
Please enter your name
Please enter your mobile number
You can't leave Captcha Code empty
By submitting this form, you agree to the Terms & Privacy Policy.
Already Registered? Login Here
OR

Sign Up via Facebook

Sign Up via Google

Sign Up via Twitter

Download Software
Tests given

Download TCY App

App Image
Subscribe to Unlock Test Prep Material close
Choose Exam Category

Unlock All Services And Enjoy The Premium Benefits

1 Month Plan

US$ 10

Subscribe Now

Valid For 1 Month

2 Month Plan

US$ 13

Subscribe Now

Valid For 2 Months

3 Month Plan

US$ 15

Subscribe Now

Valid For 3 Months

4 Month Plan

US$ 17

Subscribe Now

Valid For 4 Months

5 Month Plan

US$ 19

Subscribe Now

Valid For 5 Months

6 Month Plan

US$ 20

Subscribe Now

Valid For 6 Months

7 Month Plan

US$ 21

Subscribe Now

Valid For 7 Months

8 Month Plan

US$ 22

Subscribe Now

Valid For 8 Months

9 Month Plan

US$ 23

Subscribe Now

Valid For 9 Months

10 Month Plan

US$ 24

Subscribe Now

Valid For 10 Months

11 Month Plan

US$ 25

Subscribe Now

Valid For 11 Months

12 Month Plan

US$ 26

Subscribe Now

Valid For 12 Months

  • Payment made in INR entitles you to use Test in INDIA only
  • Each test can be attempted only once
 
loading

General Awareness

googleplus facebook

BUSINESS AND ECONOMY - January 2019

Jan 2019

Dec 06, 2022

Jindal Stainless Partners with ReNew Power for 300 MW Hybrid Power Project

  • Leading stainless player Jindal Stainless Limited (JSL) partnered with ReNew Power to develop its proposed 300 MW hybrid energy project.
  • The project will generate 700 million units of green energy annually through a mix of solar and wind technologies.
  • The project with ReNew Power is expected to start commercial operations by May 2024 and will aid in carbon abatement by over 6.5 lakh tonnes per year.
  • JSL is the country's largest stainless steel manufacturer with an annual melt capacity of 1.9 MT.

Samsung Electronics Appoints Lee Young-hee as its First Female President

  • Samsung Electronics promoted a female executive to the president of global marketing for its mobile business, in the first move to tap a female talent for the top post.
  • Lee Young-hee was promoted to the president of the Global Marketing Centre for Samsung's Device eXperience (DX) division that oversees its mobile business.
  • She is the first female president at Samsung, the country's biggest conglomerate, to come from outside the founding family.
  • Lee Young-hee joined the tech giant in 2007 and was promoted to vice president in 2012. Previously working at L'Oreal, she is credited with successfully promoting the image and brand of Samsung's Galaxy mobile phones.

Shriram Finance Merges with Shriram City to Focus on MSMEs and Others

  • Commercial vehicle financing major Shriram Transport Finance Company and two-wheeler and MSME financier Shriram City Union Finance merged to form Shriram Finance Limited (Shriram Finance).
  • According to Shriram Finance, the company will be a diversified player with a robust net worth of Rs. 40,900 crore and Assets under Management (AUM) of Rs. 1,71,000 crore catering to over 6.7 million customers across India.
  • The growth strategy for the company will be focused on driving the self-employed and the micro, small and medium enterprises (MSME) economy.
  • Shriram Finance further announced the appointment of Jugal Kishor Mohapatra as Chairman of the Company and Maya Sinha as an Independent Director.

Biocon Biologics Elevates Shreehas Tambe as Managing Director and CEO

  • Biocon Biologics elevated Shreehas Tambe as Managing Director and CEO of the company with immediate effect.
  • Tambe was Deputy CEO of Biocon Biologics, a subsidiary of Bengaluru-based Biocon.
  • He took over from Arun Chandavarkar, who will continue to serve as a non-executive, non-independent director on the Biocon Biologics board.
  • As per Biocon & Biocon Biologics Executive Chairperson Kiran Mazumdar-Shaw, Shreehas has taken on the responsibility of leading Biocon Biologics as MD & CEO at a time when the company is gearing up for global leadership in biosimilars with the closing of the Viatris acquisition.

Hyderabad Gets India's First Real-time Gold ATM

  • Unlike usual ATMs that dispense money, the Goldsikka ATM in Hyderabad dispenses gold coins. In what is India's first gold ATM, people can insert their debit or credit cards into the Goldsikka and buy gold coins.
  • The ATM has a capacity of storing 5 kg of gold. There are 8 available options for the quantity of gold starting from 0.5 grams to 100 grams.
  • Goldsikka Pvt Ltd launched its first Gold ATM with technology support from M/s OpenCube Technologies Pvt Ltd, a Hyderabad-based start-up company. This is India's first and the world's first real-time gold ATM.

Biocon Biologics Elevates Shreehas Tambe as Managing Director and CEO

  • Biocon Biologics elevated Shreehas Tambe as Managing Director and CEO of the company with immediate effect.
  • Tambe was Deputy CEO of Biocon Biologics, a subsidiary of Bengaluru-based Biocon.
  • He took over from Arun Chandavarkar, who will continue to serve as a non-executive, non-independent director on the Biocon Biologics board.
  • As per Biocon & Biocon Biologics Executive Chairperson Kiran Mazumdar-Shaw, Shreehas has taken on the responsibility of leading Biocon Biologics as MD & CEO at a time when the company is gearing up for global leadership in biosimilars with the closing of the Viatris acquisition.

Dec 05, 2022

UAE Emerges Second Biggest Tea Importer from India after CIS Bloc

  • The United Arab Emirates (UAE) emerged as the second largest importer of tea from India after the Commonwealth of Independent States (CIS) as a block, according to the latest data released by Tea Board. During the period from January to September 2022, UAE imported 28.58 million kilograms of tea from India, a rise of 159 per cent from the similar nine-month period of 2021.
  • CIS countries imported 38.06 million kilograms during that period in 2022, up from 33.34 million kilograms in the corresponding period of 2021.

NPCI Extends UPI Market Cap Deadline by 2 Years

  • The National Payments Corporation of India (NPCI) extended the deadline for Unified Payments Interface (UPI) players to limit to a market cap of 30 per cent by two years to December 31, 2024.
  • In November 2022, the NPCI had proposed a 30 per cent volume cap for third-party app providers (TPAP). Currently, there's no cap on volume and Google Pay and PhonePe hold the market share of about 80 per cent.
  • Taking into account the present usage and future potential of UPI, and other relevant factors, the timelines for compliance of existing TPAPs who are exceeding the volume cap, was extended by two (2) years.

Canara Bank Wins Banker's Bank of the Year Award at Global Banking Summit

  • Canara Bank won the "Banker's Bank of the Year Award 2022" for the India segment at the Global Banking Summit. The public sector lender was adjudged as the Best Bank in India for 2022.
  • The event was held in London where the bank's MD and CEO L. V. Prabhakar received the award from the organisers.
  • The Bankers' Bank of the year awards are considered to be like Oscar Awards for the banking sector and the winners are judged on their ability to deliver returns, strategy, innovation, technology and product and services in their respective geographies in the last 12 months.

Reserve Bank of India Implements 4 Tiered Regulatory Norms for UCB

  • The Reserve Bank of India (RBI) announced a four-tiered regulatory framework for categorisation of Urban Co-operative Banks (UCBs). Besides, the central bank came out with norms pertaining to the net worth and capital adequacy of these banks.
  • The Reserve Bank of India had constituted the Expert Committee on Urban Co-operative Banks, under the Chairmanship of N. S. Vishwanathan, former Deputy Governor, Reserve Bank to examine the issues in urban cooperative banking sector and to review regulatory/ supervisory approach for strengthening the sector. Based on the recommendations of the Expert Committee, RBI had released the Revised Regulatory Framework for Urban Co-operative Banks (UCBs) in July 2022. The four-tiered regulatory framework, based on size of deposits of the UCBs, came into force with immediate effect.

Dec 04, 2022

BCG Carves Out a New Unit for its Digital Transformation Capabilities

  • Management consulting firm Boston Consulting Group (BCG) announced the launch of BCG X – "a hybrid tech, build, and design unit" for accelerated digital transformation, tech and business innovation, Artificial Intelligence, and advanced analytics.
  • As per the global consulting major, the new unit will bring together nearly 3,000 technologists, builders, and designers. The unit will offer solutions for AI, software, design, digital growth, deep tech, and green tech.

Serum Institute, Byju's Top Burgundy-Hurun Unlisted Companies List

  • Serum Institute of India and edtech firm Byju's topped the list of India's most valuable unlisted companies, according to the 2022 Burgundy Private Hurun India 500 study.
  • The Pune-based vaccine producer's value increased 20 per cent to Rs. 2.2 trillion in the past one year. Byju's market value grew 35 per cent to Rs. 1.82 trillion, replacing the country's top bourse, National Stock Exchange (NSE), as the second-most valuable company on the list. NSE saw its market value erode 17 per cent to Rs. 1.39 trillion. Among the top 10 unlisted companies, Swiggy, Parle Products, Razorpay, and Ola saw their market value double.
  • To arrive at the value of unlisted companies, Hurun Research's uses metrics such as price to earnings, Price to Sales, EV to sales, EV to EBITDA of comparable listed companies.

SJVN, Grid Corporation of Odisha to Form JV for Hydro, Solar Projects

  • State-run SJVN Ltd said that its arm SJVN Green Energy and Grid Corporation of Odisha (GRIDCO) will form a joint venture to develop a 1,000 MW hydro electric project and 2,000 MW solar project entailing an investment of Rs. 20,000 crore.
  • The two companies signed a Memorandum of Understanding (MoU) at Bhubaneswar for developing hydro and solar projects by incorporating a joint venture company.
  • This MOU paved a way for formation of Joint Venture between SGEL and GRIDCO for generating green power, new direct & indirect employment opportunities, boost to local businesses, carbon emission reduction, sustainable and overall development of the state.

Dec 03, 2022

Coca-Cola India Partners with Adani Digital Labs for Product Sampling

  • Beverage major Coca-Cola India partnered with Adani Group subsidiary -- Adani Digital Labs -- to optimise the reach of its brands to consumers across the country.
  • As part of this, Coca-Cola India is working with Adani Digital Labs to use the consumer-centric platform for product sampling and develop deep consumer insights.
  • Coca-Cola is among the first brands to make its products available on this platform.
  • Adani Digital Labs is the digital arm of Adani Group, which allows brands to interact with large numbers of travellers and target customers with high spending and purchasing power.
  • The platform is currently live at the seven key airports located in Mumbai, Ahmedabad, Jaipur, Lucknow, Guwahati, Mangalore, and Thiruvananthapuram & Adani CNG Stations.

Reliance most Valued Indian Firm

  • Reliance Industries is India's most valued listed company at Rs. 17.2 trillion, said a report.
  • Reliance was followed by Tata Consultancy Services (TCS) and HDFC Bank with a valuation of Rs. 11.6 trillion and Rs. 8.3 trillion. Tech giant Infosys was at fourth place, followed by ICICI bank, Bharti Airtel, HDFC, and ITC. Adani Total Gas (ATG) and Adani Enterprises were new entrants in the Top 10 firms of 2022 Burgundy Private Hurun India 500. The rankings are by Hurun India and Burgundy Private, Axis Bank's private banking business.
  • Ranked 9th and 10th, ATG and Adani Enterprises were valued at Rs. 3.96 trillion and Rs. 3.81 trillion. Sun Pharma and Wipro exited the top 10 rankings from last year. The 500 companies ranked in the list are worth $2.7 trillion, an amount equal to India's Gross Domestic Product (GDP).
  • With a market cap of Rs 17.2 trillion, Reliance Industries is India's most valued listed firm, followed by Tata Consultancy Services (TCS) and HDFC Bank, with a valuation of Rs 11.6 trillion and Rs 8.3 trillion, respectively.

ICICI Bank Launches STACK for Companies in Real Estate Sector

  • ICICI Bank announced the launch of a novel solution named STACK for real estate companies. This is a combination of digital and physical solutions, which enables participants from the real estate sector, namely builders, real estate investment trusts (REITs) and alternate investment funds (AIFs), to undertake banking transactions expeditiously ― all on one platform.
  • STACK for real estate will focus on tech efficiency, which will help the companies save on time and resources.
  • STACK for the real estate sector is an extension of the 'ICICI STACK for Corporates', which the bank had launched in 2021 to provide a set of customised banking solutions for corporates and their entire ecosystem.

Dec 02, 2022

TCS Becomes Top Women Employer in India with 35% Female Staff

  • Axis Bank's Burgundy Private and Hurun India released the second edition of the top 10 women employers in the country. The 2022 Burgundy Private Hurun India list had some of the biggest employers of women in the country. The list was led by Tata Consultancy Services which employs about 2.1 lakh or 35 per cent of women employees of the total workforce.
  • Tata Consultancy Services (TCS) was followed by Infosys, Wipro, HCL Technologies and Reliance Industries that employ 40 per cent, 36 per cent, 28 per cent and 18 per cent of women employees, respectively.

Infrastructure Finance Co IDFC AMC Gets SEBI Nod for Change in Ownership

  • Markets regulator SEBI approved the acquisition of IDFC Asset Management Company Limited (IDFC AMC) by a consortium comprising Bandhan Financial Holdings Limited, GIC and ChrysCapital.
  • Last month, the Reserve Bank of India's (RBI) approved the deal and the Competition Commission of India (CCI) had given its clearance in August.
  • In April, the board of directors of IDFC Limited and IDFC Financial Holding Company Limited had approved the sale of IDFC AMC and IDFC AMC Trustee Company Limited to the consortium.

Senior Journalist Ravish Kumar Resigns from NDTV amid Adani Takeover

  • Ramon Magsaysay award-winning journalist Ravish Kumar resigned from NDTV, just a day after the channel's founders and promoters Prannoy Roy and Radhika Roy resigned as directors from the board of the news broadcaster's promoter entity RRPR Holding Private Limited.
  • Ravish Kumar was an integral part of NDTV for more than two decades.
  • Kumar's resignation came amid an open offer by the Adani Group to acquire NDTV that is set to close on December 5.
  • Sudipta Bhattacharya, the chief technology officer of Adani Group; Sanjay Pugalia, senior journalist and CEO of Adani's AMG Media Network; and journalist Senthil Sinniah Chengalvarayan are taking over as directors of the board.
Share on
Keep Yourself updated on Latest PTE Exam Pattern

Avail Free Topic-wise Tests and various other offers.

Later Allow