Tuesday, 19 January 2016

Current affairs 19 - January - 2016

1)   Bombay Stock Exchange (BSE) Ltd has launched a new service for algorithm trading test facility for investors on its derivatives and equity platform. The new service has been launched in partnership with Mumbai based Symphony Fintech Solutions Pvt Ltd and is free-of-cost for market participant. This service will Enable all market participants to test their trading algorithms in different trading segments including equity, equity derivatives and currency derivatives segments. Help members to test their trading strategies based on the live market data feed during market hours and also from historical market data.
2)   French President Francois Hollande has declared a state of economic emergency to redefine France’s economic and social model. Under the ambit emergency, government has proposed series of economic measures to boost long-stagnant economic growth and reduce chronic unemployment.
3)   India’s largest automaker (by revenue) Tata Motors Ltd’s has appointed Guenter Butschek as chief executive officer (CEO) and managing director (MD) of the company. In his new role he will lead all operations of Tata Motors in India and in international markets, including South Korea, Indonesia, Thailand and South Africa. Prior to this appointment he had served as chief operating officer (COO) of plane-maker Airbus Group SA and also was member of the group executive committee. Prior to Airbus, he had worked with Daimler AG for more than 25 years in international automotive management and had lead functions like industrialization, production and procurement. His last role at Daimler AG was as president and CEO of Beijing Benz Automotive Co. Ltd.which is a joint venture between Daimler and Beijing Automotive Industrial Holding.
4)   National Aeronautics and Space Administration (NASA) has successfully launched the SpaceX Falcon 9 rocket carrying Jason-3 Ocean-monitoring satellite. It was launched from California’s Vandenberg Air Force Base and the satellite has been successfully inserted it in the desired orbit. Jason-3 is the 4th mission in the joint US-European series of satellite missions that measure the height of the ocean surface.
5)   Renowned Kannada filmmaker and lyricist Geethapriya passed away after a battle with throat cancer in Bengaluru, Karnataka. He was 84. He has penned lyrics for over 250 immortal songs and directed 40 films including one in Hindi.

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