nrj. Powered by Blogger.
Featured Articles
All Stories

Tuesday, 2 September 2014

Daily GK Updates: 31 Aug- 1st Sept 2014

Daily GK Updates: 31 Aug- 1st Sept 2014

1.    PM proposes online Japanese language courses in India
i. India needs to learn from Japan in order to modernise its primary education system, Prime Minister Narendra Modi said during a visit to the Taimei elementary school on Monday morning.
ii. Also, India needed to learn “moral education” and “discipline” from the Japanese system of education, especially the methods used towards these ends.
iii. Calling on teachers here to come to India and teach Japanese, Mr. Modi said there was a dire shortage of Japanese language teachers in India.
iv. Already, the Prime Minister pointed out, Central Board of Secondary Education (CBSE) schools had started teaching Japanese in India.


2.    SBI, Japan Bank partner for export credit of $152 mn
i. State Bank of India (SBI) and Japan Bank for International Cooperation (JBIC) today signed a dual-currency loan agreement to set up an export credit line.
ii. “The loan is co-financed with the Bank of Tokyo-Mitsubishi UFJ Ltd (BTMU) amounting to 13.5 billion Japanese Yen ($135 million) and $21 million approximately. The total co-financing amount came to $152 million (about Rs. 927 crore),” SBI official said.
iii. This credit line will be utilised by Meja Urja Nigam Pvt Ltd (MUNPL) to finance the procurement of steam turbine generator equipment from Japanese company Toshiba Corporation and its subsidiary in India Toshiba JSW Turbines & Generator Ltd to construct a supercritical pressure coal-fired power plant (660MWx2 units) in Meja, Uttar Pradesh.
iv. MUNPL is a joint venture equally invested by NTPC Ltd and UP Rajya Vidyut Utpadan Nigam Ltd, SBI said in a statement.
v. Hiroshi Watanabe, Governor of JBIC, and Arundhati Bhattacharya, Chairman of SBI, signed the loan agreement in Tokyo, Japan.

3.    Asia's first Ballistic Research Centre to open in Gujarat
i. India will have Asia's first Ballistic Research Centre which will help it in achieving self-reliance in testing of armored vehicles.
ii. The research centre will soon be functioning at Gujarat Forensic Science University, GFSU, in Gandhinagar. This was disclosed by GFSU's Director General J M Vyas.
iii. Till now, the armored vehicles from India are sent to countries like the UK, USA and France for testing.
iv. Ballistic Research Centre will conduct tests for armored vehicles of the Indian Army and also provide services to private players who supply vehicles to the VIPs.

4.    Former CJI P Sathasivam to be the next Kerala Governor

i. Former Chief Justice of India P Sathasivam is all set to become the Governor of Kerala after former Delhi chief minister Sheila Dikshit vacated the post earlier this week.
ii. Justice Sathasivam served as the CJI from 2007-14.
iii. Dikshit was the seventh UPA-appointed governor to quit after the change of power at Centre.

5.    Reliance Group, Nippon Life launch India funds for Japan investors
i. As Prime Minister Narendra Modi sought greater investments from Japan, financial sector giant Nippon Life today said it will partner Anil Ambani-led Reliance Group for a proposed Reliance Bank and launched two India-focussed funds for Japanese investors.
ii. The two funds will direct investments by Japanese retail investors into Indian equity and bond markets. This was stated by Nippon and Reliance Life in a joint statement.
iii. The announcements coincided with Mr Modi's first official visit to Japan as Prime Minister, during which he invited Japanese investments into India and said that businessmen from the two countries can give a direction to world economy.

6.    'Blue Economy' workshop on sustainable growth begins in Bangladesh
i. A two-day international seminar on 'Blue Economy' begins in Dhaka today to discuss better ways to explore the resources of the Bay of Bengal.
ii. Bangladesh Prime Minister Sheikh Hasina is scheduled to inaugurate the workshop at a city hotel.
iii. Representatives from 20 countries including Myanmar, Srilanka, Thailand, Indonesia, Australia and Japan besides experts on marine resources are expected to participate and share experiences.
iv. The aim is to establish links with countries and organisations working in ocean research and resources to ensure the protection and sustainable utilization of the resources of the Bay of Bengal.

7.    Bapu, the artist, filmmaker, humourist passes away
i. The 80-year-old Sattiraju Lakshminarayana, popularly known as Bapu, passed away in Chennai, the city that was home for him and his long-time friend Mullapudi Venkata Ramana, for over half a century.
ii. The duo made some of the memorable works in Telugu literary world and film industry. He directed films such as Mutyala Muggu, Pelli Pustakam and Sampoorna Ramayanam. Ramana passed away three years ago, leaving his friend for 50 years alone. A loss Babu could not cope well. People close to him said half of him was gone with Ramana.
iii. Bapu directed mythological and social genre movies in Telugu, Tamil and Hindi, with his friend Ramana taking care of the writing part. Known for depth and detail, his scripts reflected male chauvinism and untold sufferings of women.

8.    A Nageswara Rao became first Indian actor to be honoured by US post sevice
i. Indian Telugu Actor, Akkineni Nageswara Rao became the first Indian actor to be honoured with a postage stamp by the US Post Service (USPS). It was announced by the Akkineni Foundation of America (AFA) on 30 August 2014.
ii. The stamp will be issued on the birth anniversary of Nageshwara Rao that is on 20 September 2014 in Dallas Texas. The AFA is planning to release the stamp in India on 17 December 2014 at the first International Akkineni Awards Ceremony being planned at ANR College, Andhra Pradesh.

9.    Revived Nalanda University started its first session on 1 September 2014
i. The revived Nalanda University on 1 September 2014 started its first session with 15 students in its makeshift campus at the Buddhist pilgrim town of Rajgir, about 100 km from Patna.
ii. The University started its first session 2014-15 with the classes for the School of Ecology and Environmental Studies and the School of Historical Studies. At present, the University has 10 faculty members. The University started its first session after completing the three-day orientation programme for students.
iii. The formal inauguration of the University work will commence in mid-September, while the fully-residential university will be completed by 2020. Then it will have seven schools for post-graduate and doctoral students and will offer courses in science, philosophy and spirituality and social sciences.
iv. In the process of enrolling, the University received applications from the US, Russia, England, Spain, Germany, Japan, Myanmar, Austria and Sri Lanka, among others, as also from West Asian and Southeast Asian countries.

Note: Nalanda University Vice-Chancellor - Gopa Sabharwal
 Chairman of the Governing Body of the university - Economist Amartya Sen

10.  Anita Wlodarczyk of Poland set world record in womens hammer throw
i. Anita Wlodarczyk of Poland on 31 August 2014 set world record in the womens hammer throw at the Internationales Stadionfest (ISTAF) Berlin Athletics meet at Berlin's Olympic stadium in Germany.
ii. With a throw of 79.58 meters she improved the world record by 16 centimetres.
iii. She broke the three year old world record of 79.42 meters set by Betty Heidler of Germany in May 2011 in Halle, Germany.

11.  Jaipur Pink Panthers won the inaugural title of Pro Kabaddi League
i. Jaipur Pink Panther (JPP) owned by Abhisek Bachchan on 31 August 2014 won the inaugural title of the Star Sports Pro Kabaddi League. To win its first title of the tournament, Jaipur Pink Panther defeated U Mumba 35-24 at the NSCI Stadium in Mumbai.
ii. U Mumba that emerged as the runner up of the tournament is owned by Unilazer Sports.

12.  Zimbabwe beat Australia for first time in 31 years
i. In Cricket, hosts Zimbabwe defeated Australia by 3 wickets in the fourth match of the tri-nation series, also featuring South Africa. This is was Zimbabwe's first victory over Australia in 31 years.
ii. Opting to bat first at the Harare Sports Club, Australia posted 209 for 9 in the stipulated 50 overs. Skipper Michael Clarke top scored with an unbeaten 68.
iii. In reply, Zimbabwe overhauled the target with 2 overs to spare, courtesy captain Elton Chigumbura's battling 52 not out. He was adjudged man of the match.
09:44 - By Unknown 0

0 comments:

Daily GK Updates: 30th August 2014

Daily GK Updates: 30th August 2014

1.    India, Japan sign MoU to develop Varanasi into ‘smart city’
i. Varanasi, which Prime Minister Narendra Modi represents in the Lok Sabha, will be developed into a ‘smart city’ by using the experience of Kyoto, the ’smart city’ of Japan, under a pact signed b/w India & Japan.

ii. A Partner City MoU was signed by Indian Ambassador Deepa Wadhwa and Kyoto Mayor Daisaka Kadokawa at a ceremony witnessed by Modi and his Japanese counterpart Shinzo Abe.
iii. The MoU, which was signed soon after Modi’s arrival here on a five-day visit, provides for cooperation in heritage conservation, city modernisation and cooperation in the fields of art, culture and academics, External Affairs Ministry spokesman Syed Akbaruddin told reporters. This will serve as framework for Smart heritage city programme between the two countries, he added.

Note: Kyoto, which is a heritage city with Buddhist culture, provides special symbolism to the visit as the Prime Minister has the vision of “rejuvenating” Indian cities.

2.    President confers National Sports Awards to eminent sportspersons
i. President Pranab Mukherjee presented the National Sports Awards to eminent sportspersons on the occasion of National Sports Day at Rashtrapati Bhavan yesterday. Boxer Jai Bhagwan, shuttler V. Diju and shooter Heena Sidhu are among 14 sports persons who received the Arjuna Award - 2014 for their outstanding performance in the field of sports.

The awardees:
Arjuna award: Abhishek Verma (archery), Tintu Luka (athletics), H.N. Girisha (para-athletics), V. Diju (badminton), Geethu Anna Jose (basketball), Jai Bhagwan (boxing), R. Ashwin (cricket), Anirban Lahiri (golf), Mamta Pujari (kabaddi), Saji Thomas (rowing), Heena Sidhu (shooting), Anaka Alankamony (squash), Tom Joseph (volleyball), Renubala Chanu (weightlifting), Sunil Kumar Rana (wrestling).



Dronacharya award: Mahabir Prasad (wrestling); Lifetime achievement: N. Lingappa (athletics), G. Manoharan (boxing), Gurcharan Singh Gogi (judo), Jose Jacob (rowing).

Dhyan Chand award: Gurmail Singh (hockey), K.P. Thakkar (swimming-diving), Zeeshan Ali (tennis).

Tenzing Norgay Awards: Land adventure: Subedar Jagat Singh, Passang Tenzing Sherpa; Air adventure: MWO Surender Singh; Lifetime achievement: Wg. Cdr. (retd) Amit Chowdhury.

Maulana Abul Kalam Azad Trophy: Punjabi University, Patiala.

Rashtriya Khel Protsahan Puraskar: Oil and Natural Gas Corporation (employment of sports persons and sports welfare measures); Jindal Steel Works (community sports–identification and nurturing of budding/young talent); Guru Hanuman akhara (establishment and management of sports academies of excellence); Child Link Foundation of India–Magic Bus (other forms of sports activities not covered in the categories mentioned in the schemes).

Note: i. Arjuna, Dronacharya and Dhyan Chand Awardees receive statuettes, citations and cash prize of 5 lakh rupees each, whereas recipients of Rashtriya Khel Protsahan Puruskar were given Trophies.
ii. No sportsperson was selected for Rajiv Gandhi Khel Ratna Award this year.

3.    Indian Bank to revise FCNR (B) term deposits
i. Public sector Indian Bank will revise the interest rate on foreign currency non-resident (banking) term deposits from tomorrow.
ii. “For FCNR (B) deposits, in USD, the revised interest rate has been revised to 2.34 per cent (from 2.36 per cent) for deposits of one year and above but less than two years,” the Chennai-based bank said in a statement.
iii. For deposits of two years and above but less than three years, it has been revised to 2.71 per cent from the existing 2.76 per cent.
iv. Interest rates have been revised to 3.64 per cent for deposits of three years and above but less than four years from the existing 3.71 per cent, it said.

4.    Malaysia, India to review economic cooperation pact
i.  Malaysia and India will soon review their economic cooperation pact, signed in 2011, to chart out ways to enhance and diversify trade further, the Indian High Commissioner to Malaysia, T S Tirumurti, has said.
ii. “The two sides are expected to review the Comprehensive Economic Cooperation Agreement (CECA) either in December or February next year,” he said.
iii. He said, although, the agreement had helped in a big way and the bilateral trade now stood at $13.38 billion in 2013, as per Malaysian statistics, the trade balance was in Malaysia’s favour.
iv. Malaysia exported goods worth $9.95 billion to India, while it imported $4.44 billion from India last year.
v. The CECA, which came into force on July 1, 2011, is a free trade agreement, which covers trade in goods and services and investment, as well as, economic cooperation.

5.    Noted historian Bipin Chandra passes away 

i. Noted historian Bipin Chandra died today at his residence after prolonged illness. He was 86.
"He had not been keeping well since last few months.
ii. A Padma Bhushan awardee, Chandra had donned multiple roles including that of chairperson of the Centre for Historical Studies, Jawaharlal Nehru University, Member of the University Grants Commission (UGC) and the Chairman of the National Book Trust (NBT).
iii. Considered to be a specialist in economic and political history of India, Chandra had authored several books including 'The Rise and Growth of Economic Nationalism', 'In the Name of Democracy: The JP Movement and the Emergency', 'Nationalism and Colonialism in Modern India' and 'The Making of Modern India: From Marx to Gandhi', among others.
iv. The left leaning author had founded the journal 'Enquiry' and was a member of its editorial board for a long time.
v. Born in 1928 in Kangra district of Himachal Pradesh, Chandra studied at the Forman Christian College, Lahore, Stanford University, US and the University of Delhi.
vi. He worked as the Reader at Hindu College of Delhi University and then became the professor of History at Jawaharlal Nehru University.

6.    US actor Harry Belafonte to receive Jean Hersholt Humanitarian Oscar Award
i. US actor and singer Harry Belafonte was named for  honorary Jean Hersholt Humanitarian Oscar Award on 29 August 2014. Jean Hersholt Humanitarian Oscar Award is one of the three Governor's Award given by the Academy of Motion Pictures Arts and Sciences for lifetime achievement.
ii. The academy noted his films such as Carmen Jones, Odds Against Tomorrow and The World, the Flesh and the Devil strived to bring attention to the injustices of racism and inequality. He will recieve the award in November 2014.

About Harry Belafonte
Belafonte, also known as the King of Calypso, who has spent much of his life campaigning for various causes including Aids awareness, famine relief, education and civil rights. He was a supporter of the Civil Rights Movement and marched alongside Martin Luther King Jr. He was also named as a UNICEF Goodwill Ambassador in 1987.

7.    India Signed agreement with World Bank for MSRPII project
i. India on 29 August 2014 signed loan agreement with World Bank for Mizoram State Roads Project (MSRP II). As per the agreement, soft loan window of World Bank, International Development Agency (IDA) will provide assistance of 107 million US dollars for the Project.
ii. The agreement was signed by Nilaya Mitash, Joint Secretary (MI), Department of Economic Affairs and Onno Ruhl, Country Director, World Bank, India.
iii. The objective of the project is to enhance transport connectivity along regional trade corridors in Mizoram.The project will focus on improvement of priority cross-border roads connecting Myanmar and  Bangladesh , as also on trade related infrastructure.
iv. Thus, the MSRPII will be an important milestone in enhancing the connectivity for the state of Mizoram and the rest of North-East India with Myanmar and Bangladesh.
v. The project is the first project facilitating regional connectivity in transport sector undertaken in India with Bank support.
09:40 - By Unknown 0

0 comments:

Daily GK Updates: 29th August 2014

Daily GK Updates: 29th August 2014

1.    National Sports Day was celebrated on the 29 August
i. National Sports Day was celebrated on the 29 August throughout the country.
ii. National Sports Day is celebrated to mark the birth anniversary of hockey player Dhyan Chand. This day is celebrated by organizing friendly matches between different Indian hockey teams at the Dhyan Chand National stadium in New Delhi.
iii. The National Stadium was constructed in the respect and honor of Dhyan Chand.


Major Dhyan Chand – The Hockey Wizard
Major Dhyan Chand was India’s greatest hockey player. He has scored over 1000 goals between 1926 and 1948. He helped India win 3 Olympic Gold medals including the first in 1928 (Amsterdum Olympic games) and then in 1932 ( Los Angeles Olympic games) and 1936 (Berlin Olympic games).

2.    Sivaramakrishnan Committee submitted report to Union Home Ministry on AP Capital
i. Sivaramakrishnan committee constituted by the Union Government to suggest the place to build the capital city of Andhra Pradesh submitted its report to the Home Minister Rajnath Singh in New Delhi.
ii. The committee gave options about the capital and positive and negative points of the places. But the committee did not Zero in on any particular place for the capital. It only mentioned the availability of lands and other factors.
iii. Interestingly, the committee objected Vijayawada to be the capital, in the context of the AP government transferring certain departments to Vijayawada, declaring it as the future capital.

3.    Manipur Governor Vinod Kumar Duggal resigned
i. Vinod Kumar Duggal resigned as Manipur Governor. He was appointed as governor of Manipur by President Pranab Mukherjee on 23 December 2013.
ii. Thus, Vinod Kumar Duggal became the ninth governor to resign since the NDA Government came to power in May 2014. Eight other governors -- M.K. Narayanan (West Bengal), Ashwani Kumar (Nagaland), B.L. Joshi (UP), B.V. Wanchoo (Goa) Shekhar Dutt (Chhattisgarh), Sheila Dikshit (Kerala), V Purushothaman (Mizoram), K. Sankaranarayanan (Maharashtra) had resigned before.

4.    God of Antarctica written by Yashwardhan Shukla
i. Delhi-based 13 year old school boy Yashwardhan Shukla authored a novel, Gods of Antarctica. The book is fictional tale of gods and monsters. It was put into print by the Readers Paradise publishers.
ii. The boy said Amish Tripathi’s ‘Shiva’s Trilogy’ and J K Rowling’s Harry Potter series has inspired him in writing. He also said Rick Riordan remains his favourite author.

5.    Australian PM Tony Abbott to visit India next week
i. Australian Prime Minister Tony Abbott is all set to make his first official visit to India next week to further strengthen the strategic partnership and promote trade and investment between the two sides.
ii. “I will travel to India and Malaysia from September 4 to 6. On my first visit to India as Prime Minister, I will visit New Delhi and India’s financial capital, Mumbai, to strengthen the strategic partnership between our two countries,” he said.
iii. Noting that the two nations have strong and growing economic and trade ties, he said India is Australia’s fifth largest export market with total exports of $11.4 billion.

6.    Child marriage on rise in Kerala: UNICEF
i. Notwithstanding a better gender balance in the southern part of the country, child marriage has been found to be on the rise in Kerala in recent years, according to UNICEF.
ii. “In the southern part of India we have a relatively better gender balance which explains lower rates of child marriage. Nevertheless, recent studies have shown a rising rate in Kerala,” UNICEF’s Child Protection Specialist in India Dora Giusti said.
iii. “Child marriage is more common among certain groups and among disadvantaged communities. In Kerala it was not the case even a few years back, but of late there has been a rise in it due to migration from the northern part of India,” Ms. Giusti explained.
iv. According to a UNICEF report, in India there were more child marriages in rural areas than urban. While 52.5 per cent of currently married women in age group 20-24 years in rural areas and 28.2 per cent in urban areas got married before they were 18 years.
v. Although the gap between urban and rural areas has almost halved from 30.2 per cent in 1992-1993 to 18.6 per cent in 2007-2008, currently married women in rural areas were twice more likely to be child brides than their urban counterparts, the report said.
vi. Bihar has the highest incidence of child marriage at 68 per cent while Himachal Pradesh with around nine per cent has the lowest incidence, it stated.
vii. Six states — Rajasthan, Madhya Pradesh, Uttar Pradesh, Bihar, Jharkhand and West Bengal — have the highest incidence of child marriage ranging from 51.9 per cent to 68.2 per cent, the report revealed.

7.    Cristiano Ronaldo crowned UEFA Best Player in Europe
i. Cristiano Ronaldo was on Thursday named the UEFA Best Player in Europe, defeating Bayern Munich duo Manuel Neuer and Arjen Robben for the prestigious award.
ii. Ronaldo earned 24 votes from a panel of European football journalists to claim the title in Monte Carlo just after the draw was made for the Champions League group stage.
iii. Neuer was second on 19 votes, ahead of his Bayern teammate Robben who took nine.
iv. It is the second time Ronaldo has picked up the award having also won in 2008 when playing for Manchester United in the Premier League. He is also currently the reigning FIFA World Player of the Year.
09:37 - By Unknown 0

0 comments:

Daily GK Updates: 28 th August 2014

Daily GK Updates: 28 th August 2014
1.    Prime Minister launches 'Pradhan Mantri Jan Dhan Yojana
i. The 'Pradhan Mantri Jan Dhan Yojana', an ambitious financial inclusion scheme under which the government intends to provide every household with a bank account and insurance cover, was launched by Prime Minister Narendra Modi on Thursday.
ii. The scheme, about which Modi made the announcement in his Independence Day speech, was launched across the country simultaneously amid his emphasis that it lies at the core of "our development philosophy of 'Sabka Sath Sabka Vikas'".
iii. '1.5 crore bank accounts will be opened on first day of Jan Dhan Yojana'
iv. Jan Dhan Yojana, a dream project to open at least one bank account to every household.
v. Noting that 10 crore people do not have bank account, the Finance Minister aims to cover 7.5 crore people under Jan Dhan Yojana by January 25, 2015.
vi. As a first step, under the scheme, every account holder will get a 'RuPay' debit card with Rs 30,000 life insurance besides accidental insurance of up to Rs 1 lakh.
vii. The scheme will provide overdraft, debt card facility," she said. "Jan Dhan Yojana will provide accidental insurance cover,".

2.    Erdogan to be sworn in as Turkey's new president 

i. Turkey's outgoing Prime Minister Recep Tayyip Erdogan is to be sworn in as president on Thursday to extend his more than decade-long domination of the country.
ii. Erdogan was due to take his oath of office at 1100 GMT (1630 IST) in Ankara and usher in a new era for Turkey, where he is expected to push for a new constitution and seek to further transform the country with development projects.
iii. Taking over Erdogan's post of prime minister is Foreign Minister Ahmet Davutoglu, a long standing ally who is expected to do little to challenge the Turkish number one.

3.    Iran's Mirzakhani first woman to win prestigious math prize 

i. An Iranian-born mathematician has become the first woman to win a prestigious global prize known as the Field Medal, the International Congress of Mathematicians has announced.
ii. Maryam Mirzakhani, a Harvard educated mathematician and professor at Stanford University in California, was one of four winners announced at the group's conference in Seoul.
iii. An expert in the geometry of unusual forms, she has come up with novel ways to calculate the volumes of oddly-shaped hyperbolic surfaces, which can be curved like a saddle or curly like a piece of crochet.
iv. Mirzakhani was born in Tehran in 1977 and earned her PhD in 2004 from Harvard University.
v. She has previously won the 2009 Blumenthal Award for the Advancement of Research in Pure Mathematics and the 2013 Satter Prize of the American Mathematical Society.
vi. The Fields Medal is given out every four years, to four separate winners.
vii. The other three winners this year were Artur Avila of France, Manjul Bhargava of Princeton University in New Jersey, and Martin Hairer of the University of Warwick in Britain.

4.    IOC removes four independent directors appointed by UPA

i. After Governors, the Narendra Modi government is removing independent directors appointed by the previous UPA regime on PSU boards, beginning with sacking of four directors on the board of Indian Oil Corporation (IOC).
ii. IOC, the nation’s largest oil company, in a filing to the stock exchanges said, “K Jairaj, Nesar Ahmad, Sunil Krishna and Sayan Chatterjee have ceased to be Independent Directors on the Board of the company on August 27, 2014
iii. All the four directors were appointed to IOC board in March this year for a three-year term. Their appointment was to be confirmed/ratified by the company shareholders but IOC did not move a resolution to this effect at its annual general meeting (AGM) in Mumbai yesterday, leading to their cessation.
iv. The new government wants to change all previous UPA appointed directors but to start with it is looking at appointments that need confirmation now, they said.

5.    Centre notifies minimum monthly pension, wage ceiling enhancement
i. Government has notified minimum monthly pension of 1,000 rupees and a higher wage ceiling enhancement to15,000 from 6,500 rupees for social security schemes run by retirement fund manager Employees Provident Fund Organisation.
ii. Both schemes will be implemented from 1st September of the next month. According to EPFO estimates, the raising of wage ceiling is expected to bring 50 lakh more workers under the ambit of social security schemes run by it.
iii. The government decision to fix pension of 1,000 rupees will benefit 28 lakh people including 5 lakh widow pensioners, who get less than this amount at present.
iv. EPFO had recently retained rate of interest to 8.75 per cent on provident fund deposits for the current fiscal year 2014-15.

6.    SC directs DLF to pay Rs 630 cr fine imposed by CCI
i. Real estate major DLF was on Wednesday directed by the Supreme Court to deposit Rs 630 crore fine slapped on it by the Competition Commission of India (CCI) for allegedly resorting to unfair business practices.
ii. The apex court said the total ammount will be deposited within three months with its Registry pending the outcome of the appeal filed by DLF against May 19 order of Competition Appellate Tribunal's upholding the penalty of Rs 630 crore imposed by the CCI.
iii. The bench said so far as the interest on the amount was concerned it has to be determined as per the November 9, 2011 order of the CCI that was fixed at 9 per cent.
iv. It also directed DLF to file a fresh undertaking that in the event of dismissal of the appeal it will pay such amount as directed by the court.
v. DLF pleaded that it should be granted at least six months time to deposit the amount.

7.    SRK becomes Interpol’s Ambassador of ‘Turn Back Crime’ campaign
i. Modern-era ‘Don’ Shah Rukh Khan has become the first Indian actor to be roped in as Ambassador of Interpol’s initiative ‘Turn Back Crime’ campaign, aimed at promoting greater awareness on how to prevent crime.
ii. The actor who gave new twist to Amitabh Bachchan’s character ‘Don’ in the Farhan Akhtar’s remake of the movie, tweeted late night yesterday, “Don on the right side of Interpol. How ironically cool is that...ha ha.”
iii. “Honoured to be the Ambassador for Turn Back Crime, the Interpol initiative. Thanx Mr. Noble for the opportunity,” the actor wrote on his social media page.
iv. The ‘Turn Back Crime’ campaign is aimed at raising public awareness that organised crime is often involved in seemingly unrelated crimes.

8.    India beat England by 133 runs in second ODI
i. India defeated England by 133 runs under the Duckworth/Lewis method in the second One—day International match in Cardiff on Wednesday.
ii. Invited to bat, India scored 304 for six and then bowled out the hosts for 161 in 38.1 overs at Sophia Gardens.
iii. As per the revised target after the rain interruption, England needed 295 runs in 47 overs.

Brief Scores:
India: 304 for 6 in 50 overs (Suresh Raina 100, MS Dhoni 52; Chris Woakes 4/52)
England: 161 in 38.1 overs (Alex Hales 40; Ravindra Jadeja 4/28).

09:34 - By Unknown 0

0 comments:

© 2014 Banking Place. WP Theme-junkie converted by Bloggertheme9
Powered by Blogger.
back to top