weekly news sept 2015

1. SUBMITTED BY:
DEEPAK BANSAL
MBA 2A

2.  Gitanjali Gems, a listed jewellery company that owns brands
such as Nakshatra and D’damas, has engaged consulting firm
KPMG to help restructure its business.
 The company has five major businesses. These include
manufacturing of diamond and jewellery, brands, retail stores,
construction and international retail stores
 The company said in an announcement to stock exchanges
that the board has decided to explore the potential merger of
subsidiaries, demerger and other forms of restructuring, or
acquisition, or spin-off with the ultimate aim of enhancing and
unlocking shareholder value.
 The company’s share price closed flat at Rs 211 as the
announcement to the stock exchanges was made after market
hours. The company’s book value is Rs 244.39 crore
 Tags: सरकारी ररजल्ट सरकारी ररजल््स Sarkari Result

3.  This is a unique paperless and instant customer grievances
redressal initiative being pilot-tested by the state-run State
Bank of India in Andhra Pradesh in a bid to don a customer-
friendly avataar.
 SBI, which has for long been weighed down with an image of
being a slow-moving ‘sarkari outfit’, has not only designed the
software for the system in-house, it has gone one step ahead
and filed for a global patent for the initiative branded as the
‘Unhappy Service’.
Tags: सरकारी ररजल्ट सरकारी ररजल््स Sarkari Result

4.  Sahara India Pariwar, an Indian conglomerate with real estate
and media holdings has made a $2-billion bid to buy the debt
of struggling Hollywood studio Metro-Goldwyn-Mayer Inc.
 The studio has rights to the James Bond franchise and owns
half of the upcoming movies based on JRR Tolkien's “The
Hobbit.” It is facing possible bankruptcy but has several
suitors, including Spyglass.
 www.indiansarkarijobs.com

5. The Organizing Committee of the
Commonwealth Games 2010 Delhi today said
that the soft opening of the Games Village will
happen as scheduled on September 16.
The state-of-the-art Village kitchen has been
installed and started functioning in the Residential
Zone in the Village," ."The caterer, Delaware
North, has already tested the equipment. The first
meals will be served on Monday, September 13."
indiansarkarijobs.com

6.  Car maker Ford India plans to launch eight new products in India
by mid-decade, with a view to tap the country's fast growing auto
market and to make it an export hub.
 Company Managing director Michael Boneham said the company
'has to be there in the small car segment'.

7.  Since inception, Ford has invested close to one billion dollars
to expand its India operations. The company infused 500
million dollars in January 2008 to grow the vehicle
manufacturing capacity in Chennai to produce 200,000 units
per year and to set up a new state-of-the-art engine
manufacturing plant with a capacity of 250,000 units both for
domestic and export markets
Tags: सरकारी ररजल्ट सरकारी ररजल््स Sarkari Result
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