DOWNLOAD PDF1. Wipro company has set up a venture capital with an initial corpus of $100 million (around Rs 600 crore) to explore investment opportunities in start-up companies which focus on niche technologies such as data, open source and industrial internet.
2. China plans to build more highways and airports in Tibet by 2020 and construct a rail network to connect places along the borders with India, Nepal and Bhutan.
3. Four big state-run banks- State Bank of India, Punjab National Bank, Bank of Baroda and Bank of India are identifying takeover targets for consolidation which will allow them to gain access to franchises that would augment their capabilities and build institutions of world class proportions.
4. Morgan Stanley's research report has kept India's Sovereign credit rating same over the next 12-month period. India’s sovereign is currently rated BBB- by all rating agencies; only S&P has India on a negative outlook.
5. The Department of Personnel and Training (DoPT) has launched an e-service record book portal for government employees to promote a paperless regime and better human resource management.
6. Indian weightlifter Satish Sivalingam broke the Games record and gold medal by lifting 328kg while compatriot Ravi Katulu took the silver in the men’s 77kg event.
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