10 years completed by Spitzer Space Telescope in Space
From past 10 years NASA’s Spitzer Space Telescope
situated in the space. NASA celebrated this completing of 10 years by
launching Delta II Rocket. Studies made by the telescope are scrutinised
galaxies and planets, Counted stars, asteroids, comets. Spitzer
discovered Bucky balls. These balls are soccer ball shaped carbon
spheres in space.
NCDEX is Commodity Derivatives Exchange. For the members NCDEX decided to reduce transaction charges.
Main objective to reduce the charges is to make the customers to do
business easily as stated by Samir Shah, in charge Managing Director
NCDEX. This will be implemented from September 1st onwards. Till now transaction charges for the daily turnover of Rs.200 crores is Rs.62500. Now it was reduced to Rs.45000.
73 Alternative Investment Funds are allowed in India
SEBI (Securities Exchange Board of India) allowed 73 Alternative Investment Funds
(AIF) to India fro the operations. Till April SEBI has given permission
only to 49 AIFs. Now number has reached to 73. Major AIFs registered
with SEBI are DSP Blackrock Alternative Investment Fund and Edelweiss Alternative Investment Trust, Monsoon Alternative Investment Trust, Tata Alternative Investment Fund, HBS Raksha Movies, Landmark Opportunity Fund, Arth Capital, KKR India.
New Forms Announced by SEBI to check Illicit Funds
With the view to check flow of Illicit Funds in
the issuance of shares, SEBI has given new forms. SEBI make it
compulsory for payment and allotments to be done directly through the beneficiary’s accounts.
Zinc Lead Silver Project acquired by Legacy Iron Ore Ltd
An agreement was signed between Legacy Iron Ore
Ltd and TNG Ltd. This agreement was signed regarding the acquisition of
Zinc Lead Silver Project.
8 % share of TVC Sky shop purchased by Morpheus Fund
TVC Sky shop is multi Channel Virtual Retailer. Morpheus Fund is private equity firm. 8 % share of TVC Sky shop purchased by Morpheus Fund for Rs.42 crores.
Henry Rebello, Former Athlete, Passes Away at the age of 84. Henry represented India in 1948 Olympic Games . Rebello was highest quality triple jumper. He was self trained athlete. Henry trained himself by racing against car and running up and down staircases. In Sports Authority of India he acted as Director.
Apollo ties up with University of Rochester
University
of Rochester Medical Centre had a tie up with Apollo Hospitals. Both
the institutions will share multispecialities such as neurosciences, emergency medicine,
gastroenterology and they will also share in clinical care and
expertise as stated by Chairman of the Apollo Group, Pratap C Reddy.
Emergency care Scheme of school children introduced as a part of 25th annual celebrations of Apollo.
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