Lokpal Bill passed in Rajya Sabha through voice votes
It will provide forming of an independent ombudsman to investigate against corruption against public functionaries
Prime Minister is also included in it with some conditions
Tesco puts application for Multi-Brand Retail
FIPB (Foreign Investment Promotion Board) receives application from British Giant Tesco
Tesco is world’s third largest retailer
Tesco applied for 50% stake for USD 110 Million in Tata’s Trent
Trent operates Star Bazar Hypermarket Chain
The FDI policy permits a maximum of 51% stake in Indian Multi-Brand Retail Company subject to condition like minimum investment of USD 100 Million, 50% investment in backend infrastructure, 30% mandatory sourcing of products from small industries
Tesco H/O: Cheshnut, United Kingdom
Trent H/O: Mumbai, Maharashtra
Trent operates Westside, Landmark which is a book store
AAP to conduct rally to gather people opinion
Arvind Kejriwal will do a rally campaign to gather people’s opinion on forming Government
M.M. Kutti is new Finance Secretary of Delhi Government
Union Rural Development Minister announced major changes in UPA Flagship Programme, MGNREGA
Job Card holders to get Rs. 10,000 to build toilets instead of Rs. 4,500 now.
Compensation to those if payment gets delayed by more than 15 days, and responsible officers to be punished.
Union Rural Development Minister: Mr. Jairam Ramesh
RBI comes out with a corrective plan to minimize NPA’s
CRILC: Central Repository on Information on Large Credit to be formed
Banks need to inform CRILC of loan amount of Rs. 5 Crore or more and Current Account Outstanding of Rs. 1 Crore or more
Australia regains The Ashes
Australia leads the 5 match series 3-0
England batsman Stoke’s century in 2nd innings goes in vain
