Top Headlines 6th August 2019: EducationBro

Top Headlines 6th August 2019: Education Bro Provide Every Single Day Important Top Headlines, Current Updates including different areas Like Current Affairs Updates like New Appointment, Awards, Deaths News, Banking News, Economic Update, National News, International News, State Level News, New launching Update, Summit & Conference Update, Defence News, Science & Technology Update, Sports News Updates.

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Top Headlines 6th August 2019 Given Below:

1. RBI imposes fine on 9 commercial Banks for non-compliance relating to reporting of frauds

The Reserve Bank of India (RBI) in exercise of the powers conferred under various sections of the Banking Regulations Act,1949 has imposed a penalty on nine commercial banks for violations of norms including delay on the reporting of fraud in the account of Kingfisher Airlines in case of two lenders.

2. Veteran Gujarati journalist Kanti Bhatt passed away in Mumbai

Veteran Gujarati journalist and columnist Kanti Bhatt died in Mumbai at the age of 88 after a long illness.
He was born on July 15, 1931, Zanzmer village in Bhavnagar district of Gujarat.

3. Noel Quinn named as the new HSBC’s interim CEO

HSBC bank announced that the Chief Executive Officer (CEO) of HSBC John Flint steps down from his post after 1.5years.
Noel Quinn, 57, the head of its Global Commercial Banking unit will hold the role of interim CEO, HSBC said in a statement.

4. Bharti Airtel replaces Vodafone Idea in second spot by mobile revenues

Bharti Airtel replaces Vodafone Idea in second spot by mobile revenues.
Airtel’s reported mobile revenues for the April-June quarter (Q1) was Rs 10,866 crore.

5. Microsoft acquires e-commerce advertising vendor PromoteIQ

Microsoft has acquired PromoteIQ opens in new window, the leading provider of vendor marketing technology to online retailers and brands.
PromoteIQ is an automated product marketing platform that enables brand manufacturers to run sponsored ads on participating retailers’ e-commerce sites to generate visibility and revenue from those sites.

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Top Headlines 6th August 2019: EducationBro