New Chairman of CII AP is Suresh Rayudu Chitturi
New Chairman of CII (Confederation of Indian Industry) AP is
Suresh Rayudu Chitturi. Currently he is acting as CEO of Srinivasa Hatcheries
Group.
New CEO & MD of Lakshmi Vilas Bank is Rakesh Sharma:
New CEO & MD of Lakshmi Vilas Bank is Rakesh Sharma.
Currently, KSR Anjaneyulu is acting as CEO & MD of the bank.
Google has committed $ 1 million to 40 start-up focused
organisations:
Google has committed $ 1 million to 40 start-up focused
organisations. These organisations include Nasscom 10,000 start-ups as well as
Jagriti Yatra from India. Aim is promote participation of women in the
technology space.
Diagnostic kit was developed for the detection of White spot
Virus in shrimps:
Diagnostic kit was developed for the detection of White spot
Virus in shrimps. This kit was developed by Mangalore based college of
Fisheries. This virus spread all over the world. Due to this virus, shrimps
industry is facing Rs.500 crores loss annually.
Rolls Royce, British aircraft engine maker, facing
corruption probe in Britain and in United States:
Rolls Royce, British aircraft engine maker, facing
corruption probe in Britain and in United States. Law enforcement agencies are
current conducting investigating this group. Breaches of law will lead to
criminal prosecution, penalties, fines, restrictions on future business and
commercial litigation.
Shinzo Abe Prime Minister of Japan declared Bitcoin is not a
currency:
Shinzo Abe Prime Minister of Japan declared Bitcoin is not a
currency. He also stated that though it is not a currency it would be taxable.
This decision was taken after the one week of the collapse of Mt.Gox. It is one
of the largest exchanges of the currency which is Tokyo based. Tokyo stated
that tax will be levied on purchase of the currency and tax will also be levied
on profits of the sale of currency.