Friday, 15 May 2015

NEWS WRAP - MAY 15, 2015

  • Air India turns down 40 pilots out of 160 who appeared for interview considering psychologists' feedback.
  • Indian generic drug-maker Ranbaxy Laboratories Limited sued in US alleging manipulation of US Food & Drug Administration(FDA) Rules.
  • Central Government to make a strategic sale of 8 loss making hotels of India Tourism Development Corporation.
  • RBI (Reserve Bank of India) dispenses off with the need of second factor authentication for small transactions; banks can now allow contactless card transaction upto Rs. 2000/- without PIN authentication. 
  • Government delays its approval to KMF (Karnataka Co-operative Milk Producers' Federation) for raising prices of its milk & milk products.
Source: Economic Times

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