TESTFunda Weekly Newsletter 21st February

	21-Feb-13 TestFunda Home | Sign up for Newsletters | Feedback IN THE SPOTLIGHT • Weekly Dose of GK and Current Affairs from Feb 14th to Feb 20th This section will let you keep abreast of all the important news and latest happenings around the world without looking at different sources across the internet. • GD Analysis Contests-II - starts this Friday Take your GD prep a step ahead with our special contests and events planned throughout the coming weeks. Participate in the 'GD Analysis Contest 2' this Friday. • Online debates every Thursday @ 6.30 pm Participate in debates every Thursday and present your views on a given topic • Payment made easy - Direct Deposit to ICICI Bank Get the speed and flexibility of online payment with the security and assurance of cash-on-delivery options. Now, you can deposit your payment directly in our ICICI a/c. Mail us the details & get immediate confirmation and access • Essay Writing Contest - Results announced We received quite a few really well written entries which made judging the contest a tough task for us. View who made it to the list as well as go through the entries. WHAT'S NEW @ TESTFunda!! Procure Test Prep Courses along with your friends and colleagues and avail upto 50% waiver Applicable on all courseware in all formats. Know here 30% less on all our courseware on all formats Valid till 24th Feb Coupon code: MONTHEND Procure here   Prepare for the SBI PO exam Bank PO funda @1189/- only instead of Rs.1699/- Procure here   THE WORLD THIS WEEK • American Airlines and US Airways to merge in $ 11 billion deal AMR's American Airlines and US Airways are set to merge in a $ 11 bn deal that would form the world's biggest airline. The creditors of the bankrupt American airlines will have 72% of the new company whereas 28% will go to US Airways shareholders. US Airways CEO Doug Parker will run the new airline whereas AMR's CEO Tom Horton will become the new chairman. • Securities and Exchange Board of India (SEBI) orders freezing of accounts of two Sahara Group Companies The Securities and Exchange Board of India (SEBI) has ordered freezing of the accounts of Sahara India Real Estate Corporation and Sahara Housing Investment Corporation Ltd. due to its failure to refund money in a high profile investor refund case involving over Rs. 24,000 crore. SEBI has also ordered the attachment of properties of the two companies, their top executives including group chairman Subrata Roy. • Oscar Pistorius charged with girlfriend's murder South African sports icon Oscar Pistorius has been officially charged with killing his supermodel girlfriend Reeva Steenkamp on Valentine's Day.The details are yet to emerge in the shooting death that has shocked the South African world. In 2009 Pistorius was arrested and charged with common assault by South African police for slamming a door on a woman at his home. • Reader's Digest files for bankruptcy Once among the world's best-selling magazines, Reader's Digest, has filed for a Chapter 11 bankruptcy for the second time in four years. RDA Holding, the magazine's parent company, said that the step is taken as part of a financial restructuring move that includes reducing its $465 million debt and converting it to equity. Last year, RDA sold its Allrecipes.com property to Des Moines-based magazine publisher Meredith for $175 million and its Weekly Reader to Scholastic for an undisclosed sum. • French President Hollande in India to discuss defence & trade deals During his first visit to India, the newly-elected French President Francois Hollande had defence and trade deal discussions with the Indian Government and corporates on his agenda. Among the defence deals likely to be inked would be India's $2-billion light utility helicopter (LUH) programme. The two big ticket deals which include the purchase of 126 Rafale fighter jets and French reactors for the Jaitapur nuclear power plant are not ready for being inked during the visit. Read these and more articles here TestFunda.com - LEARN with THE LEADER in Online MBA Test Prep Demo Lessons   |   Take a Demo Test   |   Buy Courses   |   Fun Learning Games   |   100-Percentilers About TestFunda.com - TestFunda is backed by www.ZeusLearning.com. 3 IIT-IIM graduates form the Management Team. - The 85+ member team has vast experience in MBA Coaching and Computer-Based Training and Testing. - For 12 years Zeus has created award-winning courseware for companies like Discovery Channel, Reader's Digest, Texas Instruments, Pearson Education. - The TestFunda Advisory Board comprises CEOs and MDs of international educational companies. 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