18th June 2018 Current Affairs


TCS becomes the First Company to close trading with over 7 trillion Market Cap

  • Tata Consultancy Services (TCS) became the first company to close the trading session with the market valuation of over Rs 7 Trillion.

  • This came into light after the Board had approved a share buyback of up to Rs 160 Billion.

  • Shares of the company jumped 2.75% to close at Rs 1841. 45 on the BSE.

  • During the day, it surged 3.16% to Rs 1, 849.

  • The Mumbai- based company had in April became the First Indian Company to close the trading session with over $100 Billion Market Valuation.

SAARC Fund to Launch Social Enterprise Programme in India and 7 other member nations

  • The SAARC Development Fund (SDF) will soon launch Social Enterprise Development Programme (SEDP) to fund 80 entities annually across the 8-member states including India.

  • SAARC stands for South Asian Association for Regional Cooperation and includes member states Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka.

  • Also, the SDF will soon come out with a programme to provide a line of credit to the sector across the member states.

Roger Federer wins 98th ATP Title in Stuttgart, regains No. 1 Title

  • Swiss Tennis Ace Roger Federer claimed his 98th ATP Title and with it climbed to the top of the world rankings.

  • Federer claimed victory in the Stuttgart Cup Final against Canadian Milos Raonic.

  • Federer beats Raonic for the 11th Time in 14 meetings. This was his first Stuttgart Title.

  • Federer has made it to the top ATP Rankings for the Sixth time in his career.

Record Breaking Astronaut Peggy Whitson retires from NASA.

  • NASA Astronaut Peggy Whitson, who is known for its record breaking for most cumulative time in space is retiring from its space agency.

  • She holds any records and distinctions.

  • In 2008, she became the first female commander of the Space Station.

  • Between November 2016 to September 2017, Whitson became the first woman to command the space station wise.

  • She also claimed a title for most spacewalks by a woman – 10 spacewalks totaling 60 Hours and 21 Minutes.

  • She has also set a record of spending the most time in space by U. S Astronaut in 665 days.

Muthoot Fincorp, NSDC to train 10, 000 youth under PMKVY

  • Muthoot Fincorp has entered into the partnership with National Skill Development Corporation (NSDC) to train over 10, 000 youth over the next three years and make them job ready.

  • Out of the Partnership comes the Pradhan Mantri Kaushal Vikas Yojana (PMKVY.2) Programme.

  • NSDC has approved a target of 3000 candidates in first year and 3500 each in subsequent two years.

  • The Muthoot Pappachan Group will also absorb 80% of the trained students into the Group for regular positions.

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Upasana Pradhan

Hello, my name is Upasana Pradhan, I’m currently working as a Content Writer. I have done my Masters in Electronics and Communication from Delhi Technological University, Delhi. I always had a passion for writing. Apart from that, I love listening music, hanging out with friends, Cooking and Shopping.

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