TESTFunda Weekly Newsletter 26-Sep-13

	26-Sep-13 TestFunda Home | Sign up for Newsletters | Feedback IN THE SPOTLIGHT • Weekly Dose of GK and Current Affairs from September 18th to September 25th This section will keep you abreast of all the important news and latest happenings around the world without looking at different sources across the internet. • Highest package of 18.25 lakh to student from IIM Tiruchi The Indian Institute of Management Tiruchirappalli (IIMT) recently successfully completed the placement process for the 2011-13 batch. The highest salary was Rs.18.25 lakh per annum. • MBA Programmes worldwide are powered by students from India and China Full time MBA programmes all over the world have an increasing number of young graduates from India and China joining the course. • Life as an engineer – Writing Contest - Results We received an overwhelming response to the contest. View who made it to the top two and their entries. • Erudition '13 - Annual Business Convention of Delhi School of Economics Erudition is the Annual Business Convention and the flagship event of the Department of Commerce, Delhi School of Economics, University of Delhi and is organized jointly by MHROD and MIB students. • Do you agree with the PM's view of social media playing a role in fanning violence in incidents like the Muzaffarnagar riots? Cast your vote and let us know your views about the same. WHAT'S NEW @ TESTFunda!! Flat 30% off on all MBA courses - Last 4 days! Purchase here Use Code: FLAT30 Targeting CAT'2014? Avail 2 year courseware at 40% less Use Code: MBA2014 | Purchase here THE WORLD THIS WEEK • RBI allows banks to open branches without its permission The Reserve Bank of India is allowing banks to open branches without its permission subject to certain conditions. At least 25 percent of the total number of branches should be opened in unbanked rural centres and the total number of branches opened in Tier I cities cannot exceed those in Tier 2 to 6 centres. • Tata-Singapore Airlines to start $100m airline; AirAsia partner says he was not informed; Tata-SIA and Jet-Etihad deal a sign of foreign companies' long term investment intentions Tata Sons and Singapore International Airlines entered into a $100 million joint venture to launch a new airline. Arun Bhatia, the Tatas' AirAsia India partner, alleged that he was kept in the dark about the venture and proposed to buy out the Tatas' stake in the JV. UAE's Etihad Airways had announced a 24% stake in Jet Airways 5 months ago. Both the deals signal the willingness of foreign carriers to do business in India. • Blackberry to be taken over by Fairfax in $4.7bn deal Blackberry agreed to be bought by Fairfax Financial Holding, owned by Canadian billionaire Prem Watsa, for $4.7 billion. Blackberry is expected to write off almost $1 billion in the second quarter, due to lesser number of handsets sold. • 67 people dead in Kenya mall siege Gunmen laid siege to Westgate mall in Nairobi, Kenya killing 67 people and injuring about 175 in an attack that lasted for 4 days. Somali group al-Shabab declared responsibility for it, saying that it had carried out the attack in retaliation for operations of Kenyan army in Somalia. • VK Singh refutes J&K govt coup charges; admits to 'secret fund' Former Army chief Gen VK Singh refuted allegations that he had set up the Technical Support Division(TSD), a counter-intelligence unit to topple the J&K government. He was also alleged to have used the TSD to thwart the appointment of current Army chief Gen Bikram Singh. However, he admitted having a secret fund to be used for bringing Kashmiri people together and not for carrying out a change of government, as alleged. • NSA surveillance targets Indian politics, space and nuclear programmes A top secret document by Edward Snowden has revealed that the United States NSA had gained access to information on Nuclear, Space and Political issues vital to India's geopolitical and economic interests. Much of the communication targeted by the NSA is unrelated to terrorism, contrary to the stated objective of Indian and American officials. Read the 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. About This Newsletter You received this email because you have registered with www.TestFunda.com. If you do not want to receive this email or want to sign up for other newsletters from TestFunda  click here. Problems getting this mail? 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