23 July 2014 Current Affairs
TCS First Indian Firm To Top Rs.5 lakh cr In Market Capitalisation
Tata Consultancy Services (TCS) on 23 July became the first Indian company to exceed Rs 5 lakh crore in market capitalisation. This happened after company’s shares hit their all-time high of Rs. 2,580. Company’s share were zooming after announcement of record profits during the first quarter of 2014-15 and the subsequent huge dividend payout announced.
Tamil Nadu Govt To Issue Industrail Licences Online
Tamil Nadu Chief Minister J Jayalalithaa on 23 July announced that the process of issuing licences for new industries would be done through a web portal. The step was taken in order to simplify the process involved for registration of new industries in the state. The new portal, apart from issuing the industrial licenses, will also help the general public and industrialists in finding out about new government schemes.