Current Affairs 1st May 2017

Current Affairs 1st May 2017 - Important Points

• Twitter partners with Bloomberg for - Streaming news 24/7
• Maruti, Honda, Toyota kick off new fiscal with a - Strong growth

Current Affairs 1st May 2017 - Details

Twitter partners with Bloomberg for - Streaming news 24/7

Micro-blogging website Twitter has partnered with Bloomberg Media to stream news round-the-clock on the social networking platform on 1st May 2017. “It is going to be focused on the most important news for an intelligent audience around the world and it’s going to be broader in focus than our existing network,” quoted by Justin Smith, Bloomberg Media’s Chief Executive Officer.

Key Highlights

• The news service which is yet to be named will be supported by ads and Bloomberg will have control over the feed content.
• The service is expected to go live later 2017.
• The service will be made up of live news reporting from the news outlet’s bureaus globally, as well as a curated and verified mix of video posted on Twitter by the social-media users.
• Twitter last month announced its partnership with ESL and Dreamhack — two of the biggest organisations in the pro-gaming world to stream tournaments and other e-sports events live.

Maruti, Honda, Toyota kick off new fiscal with a - Strong growth

 Automobile majors Maruti Suzuki, Tata Motors, Toyota and Honda posted high double-digit growth in their domestic passenger vehicle sales in April.

Interesting Highlights

• Market leader Maruti Suzuki India (MSI) recorded its best ever monthly domestic sales in April, with numbers of 1,44,492 units, a growth of 23.4 % compared to 1,17,045 units in April 2016.
• Previous best monthly domestic sales by the company was in September 2016 for 1,37,277 units.
• MSI’s April sales were majorly driven by the compact car segment and utility vehicles (UV).
• The compact car segment comprise Swift, Dzire, Baleno and Ignis to 6,35,84 units as against 45,700 units in the same month of 2016.
• UVs, including Ertiga, S-Cross and Vitara Brezza, rose to 20,638 units in April, from 16,044 in the same month last year.
• Tata Motors has reported 23% growth in its sales of passenger vehicles in the domestic market at 12,827 units last month.
• HCIL received overwhelming customer response to the newly-launched Honda WR-V and new Honda City.
• Similarly, Toyota Kirloskar Motor (TKM) reported a 51.81 percent jump in its domestic sales at 12,948 units as against 8,529 units in April last year because of its newly launched SUV Fortuner.
• In the two—wheeler segment, niche bike maker Royal Enfield reported a 24.78 % jump in total sales at 60,142 units sold in April while the numbers were 48,197 units in April 2016.