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Tuesday, 5 July 2016

News Roundup - 5 July 2016


  • A sensitive electronic nose with metal-organic frameworks (MOFs) to detect pesticides and nerve gas even in very low concentrations has been built by researchers from University of Leuven (KU Leuven), Belgium.
  • Nigel Farage, leading Brexit campaigner, has stepped down as leader of UK Independent Party saying that his political ambition has achieved with "yes" vote on Brexit.
  • Ling Jihua, an ex-aide of former Chinese president Hu Jintao, has been jailed for corruption, illegal procurement of state secrets and abuse of power.
  • OPPO Electronics Ltd, Chinese mobile manufacturer, has become the first company to file an application for opening wholesale and single-brand retail stores.
  • Telecom companies are likely to shell about Rs.1 trillion in upcoming spectrum auction - Crisil.
  • Hero Motocorp signs 3 year wage agreement with Gurgaon workers.
  • Narendra Modi reshuffles cabinet. The big change is Smriti Irani is no longer HRD minister.
  • BookMyShow raises over 550 crores INR in its fourth round of funding. Investors are US based Stripes Group, Network 18, Accel Partners, and SAIF Partners.

Source: Google, Livemint.com, The Hindu



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