Who has received an order from the Nuclear Power Corporation of India (NPCIL) for the construction of 2 x 700 MW power plant?
Options
A. Gammon India
B. Tata Projects Limited
C. Larsen & Toubro
D. Hindustan Construction Company
Correct Answer
Tata Projects Limited
Explanation
Tata Projects has received an order from the Nuclear Power Corporation of India (NPCIL) for the construction of 2 x 700 MW power plant. The estimated cost is about $321 million. This is the firm's third contract in the nuclear power sector. This project will provide the much needed power supply to the region and ensure developmental initiatives receive an impetus. The scope of work involves the construction of main plant buildings, structures and other works of Gorakhpur Haryana Anu Vidyut Pariyojana - 1&2.
Business problems
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1. Which of the following becomes the First Indian Exchanges to Sign MoU With Moscow Exchange?
BSE (earlier known as Bombay Stock Exchange) and India International Exchange (India INX) have signed a memorandum of understanding with Moscow Exchange (MOEX) to connect investor community and companies in both countries besides allowing a capital formation platform. BSE and India INX are the first Indian exchanges to enter into the MoU with Moscow exchange. The exchange companies have agreed to the secondment of senior personnel to enhance understanding of activities in each other's market.
2. Virat Kohli and Anushka Sharma has appointed as the first brand ambassadors of which of the following company?
Flipkart-owned fashion e-commerce platform Myntra announced that it had appointed celebrity couple Virat Kohli and Anushka Sharma as its first brand ambassadors. Myntra has launched the integrated campaign called 'Go Myntra-la-la' which will be promoted across television, print, digital and outdoor.
3. Name of the sports company which becomes India's first gaming startup?
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4. Who has launched a recurring payment service for merchants?
Paytm has launched a recurring payment service for merchants that are working on a digital subscription model. The move will allow the subscription-based businesses to collect payments from their subscribers effortlessly. Recurring payments are an automatic payment system wherein the merchants automatically charge their customers for a specified service on a pre-arranged schedule.
5. Who signed a five-year multi-million-dollar IT outsourcing deal with IBM?
Vodafone Idea Ltd on 3 May 2019 announced a five-year multi-million-dollar IT outsourcing deal with IBM. The deal will provide a platform for fast-track joint initiatives in Artificial Intelligence and Internet of Things. The new infrastructure platform will remove constraints to an exponential growth of data usage driven by increasing consumption of video, streaming and digital commerce.
6. Google and this company join hands to carry out voice-based financial transactions.
Correct Answer: Reliance Nippon Life Asset Management
Explanation:
Reliance Nippon Life Asset Management (RNAM) has joined hands with Google to enable the customers of Reliance Mutual Fund to carry out voice-based financial transactions. With this, RNAM becomes the first company in India, to provide a conversational interface that would help customers regarding funds transactions.
7. The Department of Telecom (DoT) approved for the merger of Tata Teleservices (TTSL) with which network?
The Department of Telecom (DoT) approved for the merger of Tata Teleservices (TTSL) with Bharti Airtel, subject to the condition that the Sunil Bharti Mittal-led firm furnishes Rs.7,200 crore worth bank guarantee. Both the companies are expected to submit an undertaking on matters related to court cases before the merger is taken on record. The merger will be taken on record after Airtel submits the bank guarantee of about Rs.6,000 crore for one-time spectrum charges and another Rs.1,200 crore for the spectrum that would be acquired from TTSL.
8. With which company, Indraprastha Gas Limited (IGL) signed a MoU to set up integrated customer services and optimize value for customers.
Tata Power and Indraprastha Gas Limited (IGL) signed a memorandum of understanding to set up integrated customer services and optimize value for customers. The pact will also cover common safeguard activities of underground assets (pipes and cables) including the right of way for activities like maintenance and laying of pipes and cables, routine patrolling of under and above ground assets.
9. Who introduced the first Indian Platform for Wholesale Cryptocurrency Trading?
BuyUcoin, second oldest Cryptocurrency Exchange company in India introduced a new and unique platform for wholesale cryptocurrency trading. This platform works on 'free trading model' which means it charges zero free on any trade. This wholesale platform also known as OTC (Over-the-counter) Desk allows users to trade on a large scale with low price fluctuations. This new platform will help to improve the problem of liquidity of cryptocurrency in Indian market.
10. Bhushan Patil, President of which e-commerce payment system and digital wallet entity has resigned recently?
Bhushan Patil, President of India's mobile payment and commerce platform, Paytm has quit the company. In March 2016, he had joined Paytm after serving five years at Alibaba.com. Recently, Paytm and Paytm Mall together could raise anywhere between $1-2 billion from investors.eBay, American multinational e-commerce corporation is preparing to make an investment in Paytm Mall.