News Updates and Current Affairs 9 July

Current Affairs

6 Key News Updates – Current Affairs 9 July 2015

1. UGC grants heritage status to 19 colleges

UGC has approved for financial assistance to 19 colleges for conserving campuses and specialised courses related to heritage. The colleges which have been granted the status include St.Xavier’s College, Mumbai; CMS College Kottayam; St Joseph College, Trichy; Khalsa College, Amritsar; St Bede’s College, Shimla, Christ Church College in Kanpur, Old Agra College, Agra; Meerut College, Meerut and Langat Singh College in Bihar’s Muzaffarpur. Others which have figured in the list are Govt.Brennan College, Kerala; University College in Mangalore, Cotton College in Guwahati, Midnapore college in West Bengal, Govt Medical Science in Jabalpur, Deccan Education Society’s Fergusson College in Pune, Hislop college in Nagpur, Govt. Gandhi Memorial Science College in Jammu, Kanya Mahavidyalya in Jalandhar and St Xavier’s College in Kolkata.
2. Infosys signs multi-year agreement with Deutsche Bank
Infosys, India’s second largest IT services exporter, on Wednesday announced that it has signed a multi-year agreement with Deutsche Bank. Under the terms of the deal, Infosys will provide services like development, application maintenance, digital and mobility, package implementation and testing services across the Deutsche Bank Group, Infosys press release said.

3. India will contribute $18 billion to the 100 billion dollar foreign-exchange reserves pool that is currently being established by the BRICS group in order to help member nations “in case of any problems with dollar liquidity.”READ MORE

4. PTC India Financial Services said on Wednesday that Ashok Haldia was appointed the company’s new Managing Director and Chief Executive Officer. READ MORE

5. K7 Computing Pvt. Ltd, a Chennai-based provider of safe and secure computing experience, has signed a memorandum with ICT Academy of Tamil Nadu to jointly conduct 12 power seminars across the state and ICT awareness week in six cities. READ MORE

6. Reserve Bank has said that Foreign Direct Investment in manufacturing of tobacco products is prohibited, though activities such as retail and wholesale trading fall under the sectoral restrictions. READ MORE

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