Current Affairs Today - Current Affairs 2015

Ola debuts on-demand grocery delivery services launched new app

App based Cab service provider Ola has made entry into on-demand grocery delivery service by launching a new app named ‘Ola Store’.


  • App promises to deliver all groceries from the local vendors within 60 minutes at the door step of the customers.
  • Initially launched for Android users and will soon be launched for iPhone.
  • Initially this service will be available only in Bengaluru between 9 am to 11 pm.
  • Peppertap and Grofer currently provide on-demand grocery delivery service like Ola Store.

About Ola:

Ola initially started as cab service provider mobile app launched in 2010 by Bhavish Aggarwal (currently CEO) and Ankit Bhati. Today it runs total 2 lakhs cabs in over 200 cities in India.

Daily more than 150,000 bookings are placed and commands 60 percent of the market share in India.

Note: Recently on 1st March 2015, Ola acquired TaxiForSure for $ 200 million, later its service was also available on Ola mobile application. It is already in food delivery service under name Ola Café.


Kotak bank launches ‘Kotak Bharat’ mobile banking app for ‘un-banked’ regions

Kotak Mahindra Bank (KMB) launched a mobile banking app ‘Kotak Bharat’ aiming to provide mobile banking services to customers in the remotest regions of India.


  • The Android-based app is specifically designed to provide banking service to customers in the under-banked and un-banked regions with provision to use service in their preferred language.
  • Initially the service will be provided in Hindi and English language and would also be available in Marathi, Gujarati, Tamil and Kannada in few months.
  • Customers can manage their savings/current accounts and credit cards through this app.
  • Initially will be launch in prominent Hindi belt centre starting from Lucknow and will spread its service in other state in few months.
  • The app is compatible on SMS banking keyword process platform where customers could download the app on their registered mobile number without any separate registration process.

It also facilitates other value added propositions such as recharging mobile/DTH services, finding Kotak ATMs & branches, linking Aadhaar number to the account, and even facilitates to avail services of government schemes like Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana etc


Procter & Gamble (P&G) appoints David Taylor as its new CEO

Procter & Gamble (P&G) has appointed its company veteran David Taylor as the new CEO by replacing A G Lafley on 29 July 2015.

However, A G Lafley the existing CEO who has led the P&G from 2000 will remain as the chairman of the company.

The world’s largest household products maker P&G has appointed new CEO in wake of sluggish sales in developed countries. And recently has also announced to sell off its 40 brands to the perfume maker Coty Inc for USD 12.5 billion.

About David Taylor:

David Taylor is with the P&G for last 35 years, who had joined in 1980. He has been the group president for global health & grooming business since 2013 and has served the company as in managerial role across the globe.

About Procter & Gamble (P&G)

P&G is a publicly traded world’s largest American multinational consumer goods maker company based at Cincinnati, Ohio, U.S. It was initiated by two British business men William Procter and James Gamble in 1837.

Currently it has over 23 Billion Dollar Brands that serves nearly 5 billion people around the world. It world famous brands are Gillette, Olay, Ariel, Oral-B, Head & Shoulders, Tide, Pampers, Vicks, Whisper, Pantene and many more.