29 Dec 2016

ENGLISH NEWS - 29-12-2016

DAILY G.A UPDATE : 29-12-2016


1. Dr K K Aggarwal takes oath as IMA's national president


Padma Shri and Dr B C Roy National Awardee Dr K K Aggarwal was sworn in as the 88th President of Indian Medical Association (IMA). 

2. Dr RN Tandon will support him as the association's Secretary General.


The constitution of IMA's new Governing Body took place at its 77th Central Council Meeting, NATCON'16, in the presence of Dr Ketan Desai, President World Medical Association; Dr Jayshree Ben Mehta, President MCI; and Mr AR Kohli, former Governor of Mizoram. 

Ruchi Soya Ranked No. 1 'Food and Agri Products Company in Fortune 500 Report on India's largest corporations

Fortune Magazine's latest issue on India's largest 500 corporations has ranked Ruchi Soya as the number one company in the Food and Agri product sector in India.

Ruchi Soya which recorded revenue of over Rs. 27,000 crore in FY 2015-16 was ranked 83rd overall among 'India's 500 Largest Corporations' by Fortune India. It is the only food and agri company in the Top 100 of the Fortune India 500 list.

Dinesh Shahra, Managing Director, Ruchi Soya Industries stated, "We are delighted to be ranked as India's number one Food and Agri products company by a reputed global brand like Fortune. The latest Fortune 500 report reaffirms the leadership position of Ruchi Soya in the country's food and agri sector."

"Despite challenging times, we are committed to setting a path of high growth in our branded portfolio in 2017 along with an overall consolidation theme in the edible oil business. The increasing traction of Ruchi Soya's brands like Nutrela, Sunrich, Mahakosh, Ruchi Gold and Ruchi Star; will also bolster our revenues in the next 2-3 years," added Shahra. The Fortune India 500 is a ranking of the top corporations in India compiled on the basis of latest sales and gross revenue figures. The list is published annually by Fortune magazine. The Fortune India 500 list ranks publicly traded companies by their annual audited total income for the financial year ending on or before June 30.

The list has been published in its current form since 2010, and also includes financial corporations and service providers, leading by revenue.

3. Twitter partners with ICICI Bank to smoothen customer experience


Twitter and ICICI Bank announced a partnership that integrates a slew of digital customer care support features for the bank, benefiting millions of its customers with direct online response to their queries and feedback in real-time.

ICICI Bank is the first bank in India to implement the new features to its Twitter account @ICICIBank_Care for customer care.

"With the latest customer care features from Twitter, we hope the bank and their customers will find greater convenience in their digital engagement and stronger customer relationships as a result," said Arvinder Gujral, Senior Director, Business Development, Asia Pacific, Twitter, in a statement.

The bank has activated the support indicator, introduced the message button and embedded deep links for moving a conversation from public to private thereby allowing customers to provide feedback on a service interaction.

The features are available to businesses globally.


4. Viral V Acharya appointed as Deputy Governor of RBI



Viral V Acharya was appointed as the Deputy Governor of Reserve Bank of India (RBI). He is a professor of economics at New York University.

He will be joining the ranks of Vishwanathan, S S Mundra, R Gandhi as one of four Deputy Governors of RBI. He will be serving under RBI Governor Urjit Patel.

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