Name the company which overtakes Apple to become 2nd Biggest Smartphone Maker.
Options
A. OnePlus
B. Sony Corporation
C. Huawei Technologies
D. Xiaomi
Correct Answer
Huawei Technologies
Explanation
Huawei Technologies Co overtook Apple Inc to claim the No. 2 spot in smartphones making in the first quarter, moving a step closer to its avowed ambition of displacing Samsung at the top of the market. Huawei's been steadily gaining on Apple and Samsung Electronics Co. with an increasingly high-end line-up of devices.
Business problems
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1. The new ?20 denomination banknote has a motif of __________ on the reverse, depicting the country's cultural heritage.
The Reserve Bank of India (RBI) is to issue ?20 denomination banknotes in the Mahatma Gandhi (New) Series. The new banknote bears the signature of Shri Shaktikanta Das, Governor, Reserve Bank of India. All the banknotes in the denomination of ?20 issued by the RBI in the earlier series will continue to be legal tender. The ?20 note will be greenish-yellow in colour. The new banknote has a motif of Ellora Caves on the reverse, depicting the country's cultural heritage. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. The dimension of the new ?20 note will be 63 mm x 129 mm.
2. Which among the following tops in the list of Association of Mutual Funds in India (Amfi)?
India's asset management companies (AMCs) own assets under management (AUM) worth Rs24.46 trillion, according to data released by the Association of Mutual Funds in India (Amfi). HDFC Asset Management Co. Ltd has claimed the top spot with an average AUM of Rs3.42 trillion, overtaking ICICI Prudential Asset Management Co. Ltd with an average AUM of at Rs3.20 trillion. Out of the total industry assets, a huge 82.7% is owned by the top 10 AMCs, who have owned around 80% of the industry assets over at least three years now.
3. Who get an approval from CCI to acquire up to 66.15% stake in Mindtree?
The Competition Commission of India (CCI) approved engineering and construction major Larsen & Toubro's (L&T's) proposal to acquire up to 66.15% stake in Mindtree. With this nod, L&T has overcome the first major regulatory hurdle in its bid for 'hostile' takeover of the Bengaluru-headquartered IT services firm.
4. Which of the following comapny palns to acquired British toy retailer Hamleys?
Reliance Industries Ltd. (RIL) acquired British toy retailer Hamleys in a all cash deal on May 09, 2019. As per the RIL announcement they have acquired Hamleys in 67.96 million pounds (about Rs. 620 cr). With this announcement Reliance will get hold of hundred percent shares of Hamleys Global Holdings Limited (HGHL). Hamley was owned by Chinese fashion conglomerate C Banner International since 2015.
5. Who plans to close down its retail operations in China?
Amazon plans to close down online retail operations in China, admitting defeat to local e-commerce rivals such as Alibaba and JD.com. They will continue other operations in China such as Amazon Web Services (AWS). Kindle e-books and teams that help ship goods from Chinese merchants to customers abroad. Amazon entered China in 2004, when it acquired a local online book seller for USD 75 million. They launched its Prime membership programme in China in 2016 with aim to lure customers with high-quality Western goods and perks like free international deliveries.
6. IGNOU has launched an awareness programme on GST in collaboration with which stock exchange?
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7. Who has patnered with the GE Healthcare to bring digital healthcare solutions to the market?
IT industry body, The National Association of Software and Services Companies (NASSCOM) has entered a strategic partnership with GE Healthcare. The objective is to bring digital healthcare solutions to the market. NASSCOM has announced this partnership through its Centre of Excellence-Internet of Things (CoE-IoT). This partnership will also help to flourish the health-tech start-up ecosystem in the country which further help in co-creating solutions for real-world healthcare challenges in the areas of digital applications for early detection, productivity solutions and remote and connected care among others.
8. Who raise 173 cr from Belgium's Advent Management?
Gurugram-based health and fitness products platform HealthKart is raising about ?173 crore from Belgium-based Advent Management, Entrackr revealed. It has raised around ?346 crore worth preference and equity capital since July last year.
9. Which Payment Bank has joined hands with Bharti AXA General Insurance for a two-wheeler insurance product?
Airtel Payments Bank joined hands with Bharti AXA General Insurance for a two-wheeler insurance product offering which is available on MyAirtel App and at over 40,000 Airtel Payments Bank points across India. This offers various benefits like 70 percent savings on an annual premium, personal accident cover, protection against third-party liabilities and inspection-free renewal through a paperless process. Also, Customers can avail towing services at no extra cost on claim intimation, at the time of insured vehicle breaks down. Customers without an Airtel Payments Bank account can also avail this policy and can renew their two-wheeler insurance at Airtel Payments Bank banking point.
10. Which company has signed a deal with India Post to transform country's mail delivery system?
India's largest IT services company, Tata Consultancy Services (TCS), has partnered with the Department of Posts in a bid to transform it into a multi-service digital hub, modernise the delivery of mail and packages, enhance customer experience, and launch innovative services that will drive new revenues. In 2013, TCS had announced receiving an over Rs 1,100 crore multi-year contract from the Department of Posts (DoP) for an end-to-end IT modernisation programme. Core System Integration (CSI) program designed and implemented by TCS, involved deploying an integrated ERP (enterprise resource planning) solution that caters to mail operations, finance and accounting, and HR functions, and connects its vast network of more than 150,000 post offices, making this the largest distributed ePostal network in the world. TCS is the same company that, along with the Ministry of External Affairs, revamped India's passport services through the Passport Seva Kendra (PSK) initiative and 'Student Connect'.