Railways will run a Ramayana Yatra Express on November 14 on the Ramayana circuit to cover the major spots related to the Hindu epic. 800-seater train will depart Madurai and complete its journey at Rameswaram, also in Tamil Nadu, in 15 days.
The pilgrimage will have two components –in India and Sri Lanka
Airtel plans to offer limited period free subscription of Netflix video streaming services. Airtel wants to stop Jio, who is steadily becoming the market leader on revenue market share (RMS).
Neflix- founded in 1997 by Reed Hastings and Marc Randolph in US
India Post will start its payments bank by launching 650 branches across the country. It will join Airtel, Aditya Birla Idea, Fino and Paytm Payments Banks. India Post has 1.55 lakh access points and will be used by Dec 2018
India Post has offices, nearly 2.5 times the bank network
Akshay Kumar’s "Gold" has become the first Bollywood film ever to release in Saudi Arabia. 'Gold' is the fictional re-telling of the India's iconic win at the 1948 London Olympics. Reema Kagti is the director of the movie.
Rajinikanth's "Kaala" was the first Indian movie in Saudi Arabia
Budget airline GoAir will start international operations from October 11. The inaugural flights will operate to Phuket, Thailand from New Delhi and Mumbai. The airline will also launch flights to Male in Maldives from Mumbai and Delhi on October 14.
GoAir is Mumbai based carrier owned by Wadia Group since 2005.
Union govt will provide ₹1,000 crore subsidy for building a nationwide charging infrastructure for electric vehicles. This will expedite the roll-out of India’s ambitious EV programme. A charging station will be installed at every 25km on these highways
India launched NationalElectric MobilityMissionPlan 2020 in 2013
Hindustan Petroleum Corporation Ltd (HPCL) plans to merge its subsidiary Mangalore Refinery and Petrochemicals Ltd (MRPL) with itself. HPCL is owned by ONGC. HPCL owns 17% stake in MRPL while its parent ONGC holds a majority 71.63% stake in the company.
HPCL HQ-Mumbai. MRPL HQ- Mangalore. ONGC HQ- New Delhi
Suresh Prabhu is attending 6th RCEP Trade Ministers’ Meeting in Singapore. It consists of 10 ASEAN countries and six ASEAN FTA partners namely, India, China, Japan, Korea, Australia and New Zealand. RCEP-Regional Comprehensive Economic Partnership.
ASEAN was second largest trade partner of India in 2017-18
NBFC- LKP Finance has received RBI's approval to sell up to 62% of its equity to Essel group's Dakshin Mercantile Pvt Ltd. Dakshin Mercantile would now make an open offer to acquire a min. 26% equity shares from public shareholders in accordance with SEBI
LKP Securities: HQ-Mumbai. Network of 414 outlets in 200 cities
National Company Law Tribunal (NCLT) approved the merger of Idea Cellular and Vodafone India. It becomes India’s largest mobile phone company with the most subscribers and revenue share. Idea Cellular is a part of Aditya Birla Group.
Bharti Airtel held the top spot for about 15 years