The Genesis October 2015-Issue-II

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Current Affairs

A Brief History of Seven Killings wins 2015 Man Booker Prize 3

India, States 6, 11

World 12

Sports 15 Man Booker: 3

Economy 17 The winning novel was inspired by the attempted Corporate 21 assassination of Bob Marley in 1976, when the reggae Cyber Buzz 26 legend was shot and injured a few days before a peace Science & Technology 27 concert amid fierce political violence in Jamaica …

People

Faces: Angus Deaton 14

Business Biography: Ralph Lauren 20 Knowledge Corners

Books 4

GD: Unfair to blame telecom companies for call drops 28 Business Biography: 20

Crossword 29 Ralph Lauren, the quintessential American Sudoku 36 designer who built a fashion empire based on sweeping Do you remember? 30 fantasies of country-club prep and the Wild West, is Corporate Knowledge Quiz 29 stepping down from his post as CEO of his eponymous Point‐Counterpoint 35 company…

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“Let us rather run the risk of wearing out than rusting out.”– Theodore Roosevelt

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A Brief History of Seven Killings wins 2015 Man Booker Prize It’s a visceral and uncompromising novel that sheds a stark light on a profoundly disturbing chapter of Jamaica’s history, but it’s also an ingeniously structured feat of storytelling that draws the reader in with its eye-catching use of language.

James uses the assassination attempt is the starting point for his book, and events then unfold over three decades, telling the stories of drug barons, MPs, gunmen, beauty queens, journalists and even the CIA.

James said he wanted to make a “reasonably educated guess” about what had become of the seven young men who tried to kill Marley, his family and his band.

The book has attracted attention for the violence and swearing that reflect the tumultuous period.The story is told from the perspectives of 76 different characters and runs to 680 pages. The “Brief History” part of the title, he ‘A Brief History of Seven Killings’by Marlon James was jokes, was “based on those Concise Oxford Dictionaries - on October 13 named as the winner of the 2015 Man which are always four inches thick”. Booker Prize for Fiction.The 44-year-old, now resident in Minneapolis, is the first Jamaican author to win the prize What the reviewers say in its 47-year history. “Seven Killings resembles James Ellroy’s LA Quartet in The book published by Oneworld Publications is a 686- its blistering violence, multiple voices and its page epic with over 75 characters and voices. Set in determination to redo history ‘from the gutter to the star’, Kingston, where James was born, the book is a fictional to borrow a phrase used by Ellroy.”– The Telegraph history of the attempted murder of Bob Marley in 1976. “A Brief History is sometimes more impressive than it is The 2015 Shortlist comprised Marlon James (Jamaica) for easily enjoyable - a difficult book with a stop-start A Brief History of Seven Killings; Tom McCarthy (UK) structure that doesn’t quite sweep you up in the way the for Satin Island; Chigozie Obioma (Nigeria) for The single narrative voices of the previous novels did.”– The Fishermen; Sunjeev Sahota (UK) for The Year of the Guardian Runaways; Anne Tyler (US) for A Spool of Blue Thread and Hanya Yanagihara (US) by A Little Life. “This is a book the energy, intelligence and intellectual range of which demands and rewards attention... It About the book showcases the extraordinary capabilities of a writer whose importance can scarcely be questioned, even if his mode The winning novel was inspired by the attempted of address will exclude some.”– The Independent assassination of Bob Marley in 1976, when the reggae legend was shot and injured a few days before a peace “Epic, immersive, acutely observed and deeply moving, concert amid fierce political violence in Jamaica. it’s worth every long hour it demands of the reader.”– Huffington Post Marley was well enough to go ahead with the concert - but the attack, which also wounded his wife and some “Though brilliant as a literary accomplishment, James’s friends, led Marley to leave Jamaica and declare the work is frequently hard going in reading terms, given the country was a “rotten egg that had broken, and couldn’t outsized stew of players and motives and the hyped-up be put back together again”. prose that conveys it all... But, in giving us the fullest sense of this world, it proves to be a risk worth running.”– He later said the assassination attempt may have been New Statesman “the best thing that ever happened to me”, explaining: “It forced me to leave Jamaica and for the first time in my “It’s like a Tarantino remake of “The Harder They life I feel free.” Come”, but with a soundtrack by Bob Marley and a script

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by Oliver Stone and William Faulkner...epic in every Review: “It provokes and beguiles and, at the point of sense of that word: sweeping, mythic, over-the-top, revelation, it withholds. On finishing it, you will have the colossal and dizzyingly complex.” – New York Times powerful urge to throw it across the room, then the powerful urge to pick it up to read again.”– The ‘It is a crime novel that moves beyond the world of crime Telegraph and takes us deep into a recent history we know far too little about. It moves at a terrific pace and will come to be The Fishermen: Chigozie Obioma

seen as a classic of our times.’– Award jury Four young brothers in a small Nigerian town take advantage of their father’s absence to go fishing at a About the author forbidden river. But there they encounter a madman, who Born in 1970 in Kingston, Jamaica, James is the son of a makes a prophecy that the eldest will be killed by one of police detective. Now 44, he teaches creative writing in his brothers. Minnesota in the United States. The Fishermen is Chigozie His first novel was rejected by 78 publishers and agents. Obioma’s first novel. Born in He initially gave up on writing and deleted and destroyed 1986 in Akure, Nigeria, all copies of the manuscript - before eventually searching Obioma has written short for it and finding it in an email outbox. stories. He has lived in Nigeria, Cyprus and Turkey, His debut published novel was John Crow’s Devil. His and now in the US. second, The Book of Night Women, won the 2010 Dayton Literary Peace Prize and was a finalist for the The judges said: “Obioma’s 2010 National Book Critics Circle Award. The Fishermen is the captivating tale of the tragic He is now researching and writing a novel set in the 11th unravelling of a family in Century. “I’m a big student of the Dark Ages,” he says. modern day Nigeria. He imbues the story with a “Not just in Europe, but in all the other countries where it compelling sense of deep-rooted and unstoppable definitely was not dark. So I’m going to spend some inevitability, writing with striking maturity for a young quality time in that period for a little bit.” first-time writer.”

Other contenders Review: “The Fishermen is an elegy to lost promise, to a golden age squandered, and yet it remains hopeful about Satin Island: Tom McCarthy the redemptive possibilities of a new generation - what I

Set in contemporary London, Satin Island tells the story like to call the ‘post-nationalist generation’, described as of U - a “corporate anthropologist” working for an elite ‘egrets’ in the book: harbingers of a bright future.”– The consultancy who embarks on a Guardian data-gathering project to help The Year of the Runaways: Sunjeev Sahota “decode and manipulate the world around them”. A group of immigrant Indian labourers share a dilapidated house in McCarthy was born in 1969 and Sheffield in search of a new life. grew up in London. His books include Remainder (2006), Men in Sahota was one of is a Granta’s Best Space (2007), and C (2010) - of British Novelist 2013. Born in which was shortlisted for the Man 1981 in UK, his debut novel was Ours Booker Prize. are the Streets, published in 2011.

The judges said: “Satin Island offers an elegant, desperate The judges said: “As much sorrow and funny account of what might well be the world of and damage as there is in these lives, no-one here is tomorrow if it weren’t already the world of today.” asking for pity. These characters are genuine seekers on

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the lookout for second chances in a world which seems at The judges said: “A Little Life is a work of lasting times to offer not even one chance.” emotional impact, often larger than life itself, as [Yanagihara] delicately balances the horrors of a Review: “This novel captures the growing realisation for traumatic childhood with the story of selfless enduring new arrivals in Britain that life here can be just as hard - if tenderness and devotion.” not harder - than the one they left behind.” – The Independent Review: “Somehow, against all the odds, just like its protagonist, this book survives everything its author A Spool of Blue Thread: Anne Tyler throws at it - and if it doesn’t quite triumph, it has far

A saga that unfolds through three generations of middle- outplayed the odds.”– The Guardian class Baltimore family the Whitshanks. What Booker brings This is Tyler’s 20th novel. Born in In addition to his £50,000 prize and trophy, James also Minneapolis, Minnesota, in 1941, her receives a designer bound edition of his book and a first book, If Morning Ever Comes, further £2,500 for being shortlisted. was published in 1964. She won the Pulitzer prize for Breathing Lessons On winning the Man Booker Prize, an author can expect (1988). Her novel The Accidental international recognition, not to mention a dramatic Tourist (1985) was adapted into a increase in book sales. Last year’s winning novel, ‘The film starring William Hurt, Kathleen Narrow Road to the Deep North’ by Richard Flanagan, Turner, and Geena Davis. A Spool of has sold 300,000 copies in the UK and almost 800,000 Blue Thread was also nominated for worldwide. Hardback sales of Flanagan’s book in the this year’s Baileys Women’s Prize for Fiction. week following his win eclipsed his combined BookScan sales for the previous decade. Flanagan described the The judges said: “She demonstrates once again her experience as ‘the most extraordinary honour… you are supreme powers of observation, and the stylistic brilliance fully aware that you are no longer standing in the same that have marked her work through 50 extraordinary place you had been previously as a writer.’ years.” Other recent winners have included Hilary Mantel (2012 Rview: “Tyler never mocks her characters. Even when and 2009), whose Wolf Hall and Bring Up the Bodies she’s having fun with their weird peculiarities and have been adapted into award-winning adaptations on transparent short-sightedness, she’s usually a benevolent stage and screen, and Julian Barnes (2011), whose The goddess. And yet it’s her surprising brutality that kills off Sense of an Ending will soon be adapted for film. Other any germs of sentimentality in her work.”– Washington winning novels that have gone on to have second or third Post lives as stage and screen adaptations include Schindler’s Ark (directed by Steven Spielberg as Schindler’s List), A Little Life: Hanya Yanagihara The Remains of the Day and The English Patient.

The story of four college friends who have moved to New York seeking This is the second year that the prize, first awarded in fame and fortune. At the centre of the 1969, has been open to writers of any nationality, writing tale is the enigmatic Jude, an orphan originally in English and published in the UK. Previously, with a painful past. the prize was open only to authors from the UK & Commonwealth, Republic of Ireland and Zimbabwe. Born in Los Angeles in 1975, Yanagihara is the author of The First awarded in 1969, the Man Booker Prize is People in the Trees, which was recognised as the leading award for high quality literary shortlisted for the PEN/Robert W fiction written in English.Man Group has sponsored the Bingham Prize for debut fiction. She is an editorat Conde prize since 2002. Man Group is one of the world’s largest Nast Traveller and lives in USA. independent alternative investment managers.

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Current Affairs: India

HAPPENINGS India pledges to cut emissions by 33-35% by 2030: India has pledged to cut its emission levels by 33-35 percent over the next 15 years in what it has termed as a fair and balanced commitment to protect the environment, based also on its own agenda for economic development. Ahead of the crucial, 21st meeting of the Conference of Parties under the United Nations Framework Convention on Climate Change due in Paris from November 30 to December 11, India made a 38-page submission under what is called the Intended Nationally Determined Contributions (INDCs).

Intended Nationally Determined Contributions (INDCs) are the primary means by which governments communicate internationally the steps they will take to address climate change in their own countries. INDCs reflect each country’s ambition for reducing emissions, taking into account its domestic circumstances and capabilities. It works by pairing national policy-setting — in which countries determine their contributions in the context of their national priorities, circumstances and capabilities — with a global framework that drives collective action towards a low-carbon, climate-resilient future.

ITBP mission for ‘Swachh Ganga’ flagged off: A 2,350-km long ‘Swachh Ganga’ river rafting expedition of border guarding force ITBP was flagged off by Union Minister Uma Bharti from the banks of the holy river at Dev Prayag in Tehri Garhwal, Uttarakhand on October 2. The all-river journey will meander through five Ganga states and 49 cities in Uttarakhand, Uttar Pradesh, Bihar, Jharkhand and West Bengal over a stretch of 2,350 km. It will end in the first half of December at Gangasagar in the Bay of Bengal, spanning 73 days. During the exercise, the expedition team will collect polythene waste, pick samples of Ganga water and soil and will also document the presence of endangered Gangetic Dolphins and later submit these records to concerned authorities to ascertain the level of pollution in the river.

Mid-day meal rules under National Food Security Act: The government has notified ‘Mid-Day Meal (MDM) Rules, 2015 under the Food Security Act. The rules provide for temporary utilization of other funds available with the school for MDM in case school exhausts funds meant for meal for any reason. Food security allowance will be paid to beneficiaries in case of non-supply of meal for specified reasons. Monthly testing of meals on random basis by accredited Labs to check its quality has also been provided in the rules. State governments will fix responsibility on the person or agency if meals are not provided on 3 consecutive school days or five days in a month. Every child within the age group of six to fourteen years studying in classes I to VIII shall be provided hot cooked meal having nutritional standards.

Accessible India Campaign launched: Union Minister for Social Justice & Empowerment Thawarchand Gehlot said that the government will give all possible facilities to Persons with Disabilities under its national flagship campaign ‘Accessible India Campaign’ (Sugamya Bharat Abhiyan). Starting from Mumbai, the programme will be initially implemented in 50 big cities across the country. The campaign will audit accessibility issues pertaining to government buildings among other things. He also said that the categories of differently-abled persons will be increased from present 7 to 19 categories to cover the maximum extent of disabilities.

India’s largest warship INS Kochi commissioned: Defence Minister Manohar Parrikar commissioned Indian Naval Ship (INS) Kochi, the largest India-made warship, at the naval dockyard in Mumbai on September 30. The warship was designed by Indian Navy’s Directorate of Naval Design and was constructed by Mumbai’s Mazagon Dock Shipbuilders. Apart from the state-of-the-art weapons and sensors, the warship also boasts a significant indigenous component. “It is equipped with state-of-the-art weapons and sensors, some of which have been developed by the DRDO (Defence Research and Development Organisation) and manufactured in the country by our public and private sector industries,” said Chief of Naval staff, Admiral R.K. Dhowan.

Panel to fix pay, perks of MPs to be set up: The government has decided to constitute an Emoluments Commission to determine the salary and allowances of MPs. The move comes in the backdrop of a controversy over a parliamentary panel’s recommendations in June to double the pay and perks of lawmakers. The panel In June, a www.endeavorcareers.com October 2015-Issue-II THE GENESIS

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parliamentary panel had pitched for 100 percent hike in salary and daily allowances of MPs and 75 percent raise in pension of ex-MPs apart from facilities for their ‘companions’ in place of ‘spouses’. The panel, headed BJP MP Yogi Adityanath, had also sought doubling of the existing Rs 50,000 salary of MPs and favoured increasing the pension of former parliamentarians from Rs 20,000 to Rs 35,000. The government rejected most of the panel’s recommendations.

National Institutional Ranking Framework launched: India will have its own ranking system--the National Institutional Ranking Framework-- for higher educational institutions that will cover all institutes offering courses in management, engineering, law, and humanities from April 2016. The ranking system, tailored for the Indian institutions that are otherwise placed far too low on the global ranking lists, will mark institutions on the basis of five major parameters, which include teaching, learning resources; research, consulting, collaborative performance; graduation outcomes; outreach and inclusivity and perception. There will be subheads under each of these five categories to rank the institutions, for instance under the teaching, learning and resources head, institutes will be graded on the basis of faculty- student ratio, faculty with Ph. D and experience, laboratory, sports and extra-curricular facilities.

Southwest Monsoon ends with 14% deficit: Under the influence of the El-Nino phenomenon, the Southwest monsoon ended with a deficiency of 14 per cent this year with around 55 per cent of the country receiving “normal” rainfall. The official period for the Southwest Monsoon season in India is between June 1 and September 30. In 2014 also the monsoon reported a deficiency of 12 per cent. IMD had made a forecast of 88 per cent “deficient” rainfall with plus or minus 4 per cent. This year’s rainfall was particularly marred by the El-Nino phenomenon. Country wise, Northwest India has recorded a deficiency of 17 per cent, followed by 16 per cent in Central India, 15 per cent in Southern Peninsula and 8 per cent in East and North-east India.

Bigger pictorial warnings on tobacco products from April 2016: Pictorial health warning on packages of tobacco products will become bigger. A notification to this effect has been issued by the Health Ministry saying that all tobacco products will carry warnings covering 85 per cent of the package area from April 1, 2016, up from 40 per cent at present. The Rajasthan High Court had ordered the Centre to ensure that larger pictorial warnings are carried on all tobacco products by September 29. The Ministry will seek six months as the producers of the products need to make adjustments to their products. In March, the government had indefinitely delayed the implementation of bigger pictorial warnings, pending the decision of a parliamentary committee which was examining the issue.

Graphic booklet on CRPF martyrs launched: Home Minister Rajnath Singh released a graphic booklet depicting the valour and sacrifice of the Central Reserve Police Force (CRPF) personnel during the epic battle of Sardar Post at Rann of Kutch in the 1965 lndo-Pak War. The comic book is first in the series of ‘Shaurya Gaathas’ (valour stories) that the country’s largest paramilitary force will publish to honour the courage and bravery of its troops in various combat theatres including the Left Wing Extremism operations. On April 9, 1965, at the Sardar Post in the Rann of Kutch, two companies of CRPF stood their ground and repulsed the attack of a full-fledged Pakistani Infantry brigade inflicting heavy casualties.

New Paryatan Bhawan named after Deen Dayal Upadhyay: The new Tourism Ministry building in New Delhi was named after Jan Sangh icon Pandit Deen Dayal Upadhyaya. Ministry, which is functioning from Transport Bhawan, will soon have its own headquarters in the capital as the government laid the foundation stone for the Paryatan Bhawan at Mandir Marg on September 27, World Tourism Day. NDMC will construct the new building at an estimated cost of Rs 90 crore.

Swavlamban Health Insurance Scheme launched for PwDs: An MoU was inked between The Trust Fund for Empowerment of Persons with Disabilities and The New India Assurance Company Limited to launch Group Mediclaim Policy for empowerment of persons with disabilities – “Swavlamban Health Insurance Scheme”. The Trust Fund is managed by Ministry of Social Justice and Empowerment. The scheme will provide comprehensive cover to the beneficiary as well as his family (PwD, Spouse & up to two children) and can be availed by PwDs aged between 18 years and 65 years with family annual income of less than Rs. 3,00,000 per annum. The scheme also ensures coverage of any pre-existing condition and a health Insurance cover up to Rs. 2,00,000 per annum as family floater.

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Proposal mandating storage of messages withdrawn: Following a public uproar over threat to privacy, the government has withdrawn the draft encryption policy which made it mandatory for storage of all messages, including social media, for 90 days. Generally, all modern messaging services like WhatsApp, Viber, Line, Google Chat, Yahoo Messenger and the like come with a high level of encryption and many a time, security agencies find it hard to intercept these messages. As per the original draft, the new encryption policy proposes that every message a user sends must be mandatorily stored in plain text format for 90 days and made available on demand to security agencies. The draft proposed legal action that could entail imprisonment for failure to store and produce on demand the encrypted message sent from any mobile device or computer.

PM returns from successful visit to US: Prime Minister Narendra Modi wrapped up his 6 day long visit to the US on September 28 after meeting the US President Barack Obama and addressing the Leaders’ summit on Peace- keeping at UN headquarters in New York. During his visit to US, Modi had discussions with a number of important world leaders where issues ranging from bilateral relations to terrorism, reform of the UN Security Council were discussed. On climate Change the Prime Minister came out with a new vision of Climate Justice and exhorted the developed countries to go beyond the negatively defined idea of emission cuts to help countries with technology and finance for sustainable development. He also strongly called upon the world community to unite in its fight against terrorism. In his meetings with G-4 leaders and other world leaders, Prime Minister Modi effectively highlighted the case of time bound reform in United Nations Security Council to reflect realities of the 21st century.

‘Court’ is India’s official entry to Oscars 2016: Chaitanya Tamhane’s National award- winning Marathi film “Court”, a poignant commentary on India’s judicial system, has been selected as the country’s official entry for the Best Foreign Film category at the Oscars next year. The independent, low-budget but gripping drama received widespread praise from the critics. The drama unfolds through an aging folk singer, who is tried for abetment to suicide in a court. The movie, inspired by the real life story of folk singer Jiten Marandi, who got embroiled in a criminal case after a bomb blast, critiques the justice delivery system, its chaos and delays, which affect the common man’s freedom. India is yet to win an Oscar in the best foreign film category. The last Indian film that made it to the final five list was Ashutosh Gowarikar’s “Lagaan”. “Court” was named the Best Picture at the National film awards this year, besides winning 17 international honours after its premiere at the Venice International Film Festival in 2014.

Times World University Rankings: No Indian institute features among the top 200 universities in the world, according to Times Higher Education, which has published the twelfth edition of its World University Rankings. India has two institutions in the top 400, the Indian Institute of Science (the 251-300 group) and the Indian Institute of Technology, Bombay, and (351-400 cohort). The California Institute of Technology (US), the University of Oxford (UK) and Stanford University (US) are the top three institutes in the list.

AWARDS Shanti Swarup Bhatnagar awards  The government has announced the recipients of prestigious Shanti Swarup Bhatnagar Prize for Science and Technology (SSB). The Ministry of Science and Technology announced 11 awards in seven different fields.  WINNERS: Biological Science: Balasubramanian Gopal, Rajeev Kumar Varshney; Earth, Atmosphere, Ocean and Planetary Sciences: Jyotiranjan Srichandan Ray; Engineering Sciences: Yogesh Joshi; Mathematical Sciences: Ritabrata Munshi, K. Sandeep; Medical Science: Vidita Vaidya; Physical Sciences: Bedangadas Mohanty, Mandar Deshmukh; Chemical Sciences: D Srinivasa Reddy, Pradyut Ghosh  The annual award, given by the Council of Scientific and Industrial Research (CSIR), consists of a cash prize of Rs. 5 lakh, a citation and a plaque. It is named after the founder Director of the CSIR and is given annually to young scientists below the age of 45 who have made outstanding contributions in any field of science and technology.

Porter Prize  Reliance Foundation, Tata Power and Apollo are among the nine corporates who have bagged this year’s Porter Prize for Enabling Social Progress. Instituted in the name of Michael E Porter, a Professor at Harvard Business School and father of modern strategy field, it is awarded to entities which have showcased outstanding performance in the industry

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and their activities have enabled upliftment of social indicators in their area of work. The winners of this year’s awards were announced by Institute for Competitiveness, which organised the Porter Prize 2015.  Winners–Porter Prize for Enabling Social Progress: Reliance Foundation, the CSR arm of Reliance Industries; Porter Prize for Excellence in Corporate Integration and Governance: Tata Power; Porter Prize for Leveraging Unique Activities: JSW Steel; Porter Prize on Industry Architectural Shift: Mahindra Rural Housing and Finance; Porter Prize on Exploiting Tradeoffs: Abbott India; Porter Prize for Creating Distinctive Value: DHL; Porter Prize for Value Based Healthcare: Apollo Hospitals; Porter Prize on Creating Shared Value: Jain Irrigation & JSW Group.

Vayoshreshtha Samman President Pranab Mukherjee on October 1, 2015 presented National Awards “Vayoshreshtha Samman” to senior citizens in a function organized by the Ministry of Social Justice & Empowerment in New Delhi on the International Day of Older Persons on October 1. The 2015 winners are: Best Institution for providing services to senior citizens and awareness generation–1. Gram Vikas Parisha, Vill. Rangaloo, Jumarmur; 2. Pravara Rural Hospital, Loni, Tahata. Best District Panchayat in providing services and facilities to senior citizens–1. Zilla panchayat Dindori, Dindori, MP 2. Udupi Zilla Panchayath, Manipal, Karnataka. Centenarian–1. Uday Singh Maan, Lowa Kalan, Jhajjar, Haryana. Iconic Mother–1. Laduben alias Leelaben Chaabildas Gurjar, Thakkar-Bapa Colony, Ahmedabad, Gujarat. Life Time Achievement–1. Yashwant Narayan Kadam, Vijaynagar Colony, Kolhapur, Maharashtra.

DRDO Lifetime Achievement award The government conferred the Defence Research and Development Organisation’s (DRDO’s) lifetime achievement award for 2015 on V S Arunachalam, formerly a scientific advisor to the defence minister and the founder chairman of the Center for Study of Science, Technology and Policy, for his outstanding contribution over several decades in the field of scientific research and technology. At DRDO, Arunachalam initiated India’s major defence projects like the Light Combat Aircraft and the Integrated Guided Missiles programmes. He is a member on the advisory and editorial boards of several universities and foundations, including the Materials Research Society Bulletin. He is a recipient of numerous honours and awards, including Shanti Swarup Bhatnagar Prize for Engineering Sciences and the Padma Vibhushan.

SASTRA Ramanujan Prize The 2015 SASTRA Ramanujan Prize will be awarded to Jacob Tsimerman of the University of Toronto, Canada. The prize will be awarded during the International Conference on Number Theory at SASTRA University in Tamil Nadu’s Kumbakonam (Ramanujan’s hometown) where the prize has been given annually. The SASTRA Ramanujan Prize was established in 2005 and is awarded annually for outstanding contributions by young mathematicians to areas influenced by the mathematics genius Srinivasa Ramanujan. The age limit for the prize has been set at 32 because Ramanujan achieved so much in his brief life of 32 years.

Forbes lifetime achievement award Maruti Suzuki Chairman RC Bhargava has been honoured with the lifetime achievement award at the Forbes India Leadership Awards (FILA), 2015. The award recognises his invaluable contribution to the Indian business community and exemplary leadership demonstrated over the years. An IAS topper of 1956 batch, Bhargava was one of the founding members of Maruti in 1982. He led the company as Managing Director from 1990 to 1997. Bhargava, who has been chairman of the country’s largest car maker since 2007, also serves on the board of several leading corporates. In November 2011, the Emperor of Japan had conferred the ‘Order of the Rising Sun Gold and Silver Star’ on Bhargava.

PERSONS IN NEWS Jayant Prasad: Former ambassador Jayant Prasad has been appointed the next Director General of the Institute for Defence Studies and Analyses (IDSA), the prestigious New Delhi-based think tank on strategic affairs. In his long and distinguished career that he began by specialising on the South Asian neighbourhood, Prasad most prominently served in Afghanistan as the Indian Ambassador during 2008-2010 and as Ambassador to Nepal during 2011-2013. He takes charge at a special moment in the history of IDSA as 2015 marks the fiftieth year of existence of the think tank.

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Manmohan Singh: The CBI has told a Special Court that there is no evidence against former Prime Minister Manmohan Singh in coal scam case. It opposed the plea of ex-Jharkhand Chief Minister Madhu Koda seeking summoning of former PM as additional accused in the case, saying the application was “devoid of any merits”. It said there is not even prima facie evidence to suggest that the then PM, who was also Coal Minister at that time, was part of any conspiracy in allocating coal block to Jindal Group firms. Koda had contended that Singh being the final authority to allocate coal blocks, cannot escape from the consequences of his decision.

Sanjiv Chaturvedi: Former Chief Vigilance Officer (CVO) of AIIMS, Sanjiv Chaturvedi, who was honoured with the prestigious Ramon Magsaysay award recently, said he has donated the entire award money to AIIMS for treatment of poor patients. Chaturvedi received Rs 19.85 lakh as award money of which Rs 5.63 lakh has to be deposited as advance tax.Chaturvedi, who is currently posted as deputy secretary of AIIMS, was removed from the post of CVO in August 2014.

Digital India brand ambassadors: The government as appointed four Brand Ambassadors were nominated for a period of one year to propagate the product and applications being launched by the department under Digital India Programme. They are: 1. Satwat Jagwani, All India IIT-JEE -Advanced Topper -2015 (Student) 2. Krati Tiwari, All India IIT-JEE -Advanced Girl Topper -2015 (Student) 3. Ankit Fadia, Author & Ethical Hacker 4. Pranav Mistry, Samsung USA (Computer Scientist/Author of 6th Sense). Thereafter, no other person has been appointed as Brand Ambassador for Digital India. The services of these Brand Ambassadors will be used, as and when required for generating mass awareness for the programme.

New Ambassadors: Navtej Sarna will be the next Indian High Commissioner to United Kingdom. Gautam Bambawale will take over as High Commissioner to Pakistan. Syed Akbaruddin will join as the next Permanent Representative of India to the UN, New York replacing Asoke Mukerji. Vijay Gokhale will be the next Ambassador in Beijing. Other postings include that of Anil Wadhwa as Ambassador to Italy and Pankaj Saran as Ambassador to Russia. Harsh V Shringla will be the new Ambassador to Bangladesh. Sujan Chinoy will be going as Ambassador to Japan. George Rajuis India’s next Ambassador to Iraq. Most of these positions will be taken up by Jan 2016.

Appointments: Stuti Narain Kacker, a 1978 batch IAS officer, has been appointed Chairperson of the National Commission for Protection of Child Rights (NCPCR) by Women and Child Development Ministry. Uday Shankar, CEO, STAR India was re-elected as The Indian Broadcasting Foundation (IBF)’s President for the second term running. Raj Chengappa, Group Editorial Director of India Today was elected the President of Editors Guild of India. Chairman and Editor-in Chief of India TV, Rajat Sharma, was reappointed as the President of News Broadcasters Association (NBA).

Resignations/Retirements: Visva Bharati Vice-Chancellor (VC) Sushanta Dattagupta, facing charges of administrative and financial irregularities, resigned in October. Amid reports of tobacco farmers committing suicides, the Commerce Ministry has asked Tobacco Board Chairman K. Gopal to go on leave with immediate effect.

OBITUARIES Senior BJP leader Ram Kapse, who represented Thane in the 9th and 10th Lok Sabha, passed away in Mumbai on September 29 at the age of 82. Manipur Governor Syed Ahmed, who was elected to the Maharashtra Assembly five times from the Nagpada constituency, passed away in Mumbai on September 27 at the age of 73. Meghalaya’s oldest and longest serving legislator, Hoping Stone Lyngdoh, passed away in Shillong on September 26 at the age of 86. Noted environmentalist Kallen Pokkudan, who devoted his entire life to cultivating and conserving mangroves across Kerala, died in Kannur on September 27 at the age of 78. Veteran TV actor Mohan Bhandari, known for serials like Khaandaan (DD), ‘Karz’, ‘Parampara’, ‘Jeevan Mrityu’, ‘Pathjhad’, ‘Gumraah’ and ‘Mile Sur Mera Tumhara’, died in Mumbai on September 24. Malayalam playback singer Radhika Thilak passed away in Kochi on September 20 at the age of 45. Independent India’s first visually-challenged MP Sadhan Gupta of the CPI(M) died in Kolkata on September 20 at the age of 98.

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Current Affairs: States

GUJARAT: Chief Minister Anandiben Patel has launched 16 new television channels which will broadcast programs for students, youths, farmers, women and artisans. These channels were launched at a function in Gandhinagar by the CM on October 14, 2015. These channels are part of India’s largest and only education TV network ‘Vande Gujarat’. These channels will be utilised to broadcast educational programs for school students, programs for students preparing for competitive exams, programmes related to agriculture, skill development, hygiene, health-care, science, etc. While launching the channels, the CM said the network would help numerous students, farmers, women and many others who are living in remote areas. She also expressed hope that the educational programmes will serve as an alternative to expensive tuition system for students living in villages and remote areas.

MAHARASHTRA: In the wake of rising cases of farmers’ suicides, Maharashtra Government has decided to launch a mental health scheme aimed at bringing down the number of deaths due to the agrarian crisis. The scheme will be known as ‘Prerana Project- Farmers’ Mental Health Service Programme’. It envisages roping in accredited social health activists (ASHA) community health workers in efforts to reduce farmers’ suicides. As many as 628 farmer suicides have been reported so far this year in the Marathwada region, which has experienced the most deficient rainfall in the entire country.

TAMIL NADU: Madras High Court has directed the Centre to issue suitable direction to manufacturers of helmets for two wheelers to provide helmet lock as a component and not as an accessory. The Court said two helmets should be given to people at the time of purchase of a vehicle. The court’s order has led wearing of helmet mandatory in Tamil Nadu since July 2015. Emphasizing the relevant sections of Motor Vehicle Act, which mandated providing helmets to two wheeler riders, the Court asked the Centre to ensure two-wheeler manufacturers to provide helmets confirming to the Bureau of Indian Standards. The judge said, if helmet is provided by the manufacturer, it will prevent use of sub-standard headgears.

TELANGANA: Telangana government has decided to enhance relief amount being paid to families of farmers who committed suicide due to farm distress to 6 lakh rupees from the present one lakh fifty thousand rupees. The welfare programmes like financial assistance for young women will be extended to also to the families of farmers who committed suicides. Earlier, the government officially admitted that 141 farmers committed suicides due farm distress and said all the families will be paid ex-gratia.

KERALA: Taking a serious view of the increase in the number of children missing in the state, the Kerala government has launched a programme to trace, rescue and reunite the little ones with their family. Titled as “Operation Valsalya”, the state government’s ambitious programme is envisaged to be implemented on the lines of the much acclaimed ‘Operation Smile’ project in Ghaziabad. According to police statistics, as many as 69 children have been kidnapped or abducted across the state till June in 2015. The picture and other whereabouts of children, rescued from various parts of the state under the mission, would be uploaded in the website www.Trackthemissingchild.Nic.In.

ARUNACHAL PRADESH: The Supreme Court has directed the Centre and Arunachal Pradesh government to grant citizenship within three months to Chakma and Hajong tribals who had migrated from Bangladesh in 1964-69 and were settled in Arunachal Pradesh, saying they cannot be discriminated in any manner pending formal conferment of rights of citizenship. Their status also stands duly acknowledged in the guidelines of the Election Commission of India. The apex court said that Chakmas have a right to be granted citizenship and it is even “recognised by judicial decisions that they cannot be required to obtain any Inner Line permit as they are settled in Arunachal Pradesh.”

ODISHA: Odisha government has decided to provide 200 days of work under MGNREGA, in a bid to prevent possible migration of people from drought-hit areas in the state. At a meeting chaired by Chief Minister Naveen Patnaik in Bhubaneswar, the state government decided to extend the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) work days to 200 days. Earlier the Centre had announced 150 days of work under MGNREGA in drought hit areas across the country. Normally, people get 100 days of work per annum under MGNREGA.

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Current Affairs: World

HAPPENINGS UN unanimously adopts resolution on Sri Lanka: The US-sponsored resolution on Sri Lanka was adopted at the UN Human Rights Council in Geneva in October. The resolution that was co-sponsored by 25 countries besides the US and Sri Lanka, was adopted by consensus. The resolution follows up on the report by UN High Commissioner for Human Rights on Sri Lanka and has called for promoting reconciliation between ethnic communities and accountability over war crimes. It welcomed Sri Lankan government’s bid to set up an accountability process with independent judicial institutions led by personnel known for their integrity and impartiality and with the participation of foreign judges, lawyers and investigators.

5 nations elected for two-year term on UNSC: In one round of voting the United Nations General Assembly on October 15, 2015 elected Egypt, Japan, Senegal, Ukraine and Uruguay to serve as non-permanent members on the Security Council for two-year terms beginning on 1 January 2016. The five permanent Council members, which each wield the power of veto, are China, France, Russia, the United Kingdom and the United States. The non-permanent members that will remain on the Council until the end of 2016 are Angola, Malaysia, New Zealand, Spain and Venezuela.

UN adopts new Global Goals for sustainable development: The 193-Member United Nations General Assembly formally adopted the 2030 Agenda for Sustainable Development, along with a set of bold new Global Goals at the UN Sustainable Development Summit that ended on October 4. The new framework titled ‘Transforming Our World: the 2030 Agenda for Sustainable Development’ is composed of 17 goals and 169 targets to wipe out poverty, fight inequality and tackle climate change over the next 15 years.

NZ to create world’s largest marine reserve: New Zealand will create one of the largest marine protected areas in the world, spanning an area of 620,000 sq km. The Kermadec ocean sanctuary will be one of the world’s most significant fully protected ecosystems, PM John Key announced recently. The sanctuary is in the South Pacific Ocean, about 1000km north-east of New Zealand, and expands a marine reserve that surrounds a clutch of small islands. The area is considered crucial in terms of biodiversity, featuring nearly 35 species of whales and dolphins, 150 types of fish and three of the world’s seven sea turtle species. It is also geologically significant, encompassing the world’s longest chain of submerged volcanoes and the second deepest ocean trench, plunging to 10 km underwater – deeper than Mount Everest is tall.

Iceland admits killing 184 whales in 2015: Iceland announced in October that 155 fin whales and 29 minke whales were killed by its hunters in the 2015 season, in defiance of calls to end the practice. Iceland and Norway are the only nations that openly defy the International Whaling Commission’s 1986 ban on hunting whales. Japan has used a legal loophole in the ban that allows it to continue hunting the animals in order to gather scientific data -- but it has never made a secret of the fact that the whale meat from these hunts often ends up on dining tables.

Nepal rations fuel amid blockade by protesters: Nepal began rationing petroleum products amid blockade by protesters against the new Constitution. The measures introduced restrict weekly sales of fuel to three litres for motorcyclists and 10 litres for cars. The move comes after the country decided an odd-even license plate system for plying of vehicles on alternate days and asked international airlines to refuel planes abroad amid a fuel crisis due to the blockade. Besides Raxaul, four other major trading points including Kakarvitta, Biratnagar, Bhairahawa and Nepalgunj have also been blocked. The agitating Madhesi Front claims that the Constitution does not guarantee enough rights and representation to the Madhesi and Tharu communities residing in southern Nepal

Catalan vote deepens political standoff in Spain: Separatists in Catalonia vowed to push on for independence from Spain after winning control of their regional parliament in polls held recently, but the Spanish

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government promised to keep the country united. The separatist Together For Yes alliance along with the radical left- wing group CUP said they “have a majority which totally legitimises initialising the process” towards declaring independence. But in Madrid, Prime Minister Mariano Rajoy said he would not discuss the “end of unity of Spain”. Groups that want to break Spain’s richest region away as a new nation in Europe won a combined 72 seats in the 135- seat regional parliament in the polls.

Bolivian eliminates Presidential term limits: Bolivia’s parliament has passed a law that would allow President Evo Morales to run for another term, if ratified in a national referendum next year. Historically, Bolivia is one of South America’s most unstable countries. It has enjoyed relative prosperity and calm under Morales who is its first indigenous leader. The current constitution, adopted in 2009, bars more than two consecutive terms

Palestine renounces security, political accords with Israel: On the day that the Palestinian flag was raised at United Nations Headquarters for the first time, Palestinian President Mahmoud Abbas on September 30 renounced political and security accords with Israel, due to its continual violations of the 20-year-old agreements. “They leave us no choice but to insist that we will not remain the only ones committed to the implementation of these agreements, while Israel continuously violates them,” he announced referring to the so-called Oslo accords to set up a Palestinian state alongside Israel, with interim terms governing security and economic cooperation.

AWARDS Right Livelihood Awards: The foreign minister and the people of the Marshall Islands have been honoured for taking legal action against the nuclear powers for failing to honour disarmament obligations. Tony de Brum and the people of the Pacific island group shared the honorary portion of the 2015 Right Livelihood Award, sometimes referred to as the “alternative Nobel.” This year’s 3-million-kronor (USD 358,500) Cash Award was shared by three activists Canada’s Sheila Watt-Cloutier, for her supports to Inuit causes; Uganda’s Kasha Jacqueline Nabagesera, for her struggle for sexual minorities’ rights; and Italian surgeon Gino Strada, for providing medical assistance to victims of war. Created in 1980, the annual Right Livelihood Award honours efforts that prize founder, Swedish-German philanthropist Jakob von Uexkull, felt were being ignored by the Nobel Prizes. The awards will be presented in the Swedish Parliament on November 30.

PERSONS IN NEWS APPOINTMENTS: Hoesung Lee of South Korea has been elected as the new Chairman of UN’s Intergovernmental Panel on Climate Change (IPCC), replacing Rajendra Pachauri of India, who quit in February over allegations of sexual harassment. Hailemariam Desalegne, 50, was unanimously re-elected Ethiopia’s prime minister for a second term at the inaugural session of the newly-elected parliament in Addis Ababa in October. James Bond actor Daniel Craig was appointed as its Global Advocate for the Elimination of Mines and Explosive Hazards by the United Nations in October. US Ambassador to Pakistan Richard Olson was appointed as the new US Special Representative for Afghanistan and Pakistan in October. The UN announced Fayez Saraj as the new Prime Minister of the national unity government in Libya which has been divided between an Islamist-backed government based in Tripoli and an internationally recognised government in the country’s east since the ousting of the former dictator Muammar Gaddafi in 2011. Communist Party of Nepal (Unified Marxist-Leninist) CPN-UML Chairman KP Sharma Oli was elected as the new PM of Nepal in October.

OBITUARIES: American Nobel laureate for Chemistry Richard Heck, who designed a method of building complex molecules that has helped fight cancer, protect crops and make electronic devices, died in Manila on October 10 at 84. BBC journalist Sue Lloyd-Roberts, known for her series of investigative reports that frequently involved travel to conflict zones, died in a London on October 13 at the age of 64. Hungary’s first democratically-elected President and former dissident Arpad Goncz died aged 93 in Budapest on October 6. Swedish author and playwright Henning Mankell, whose best-selling mystery series features the dour Inspector Kurt Wallander, died on October 5 at 67. Famed Egyptian satirical writer Ali Salem, known for the 1971 comedic play “School of the Troublemakers,” died in Cairo on September 22 at the age of 79.

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Faces Angus Deaton: Understanding poverty By emphasising the links between individual consumption decisions and outcomes for the whole economy, his work has helped transform modern microeconomics, macroeconomics and development economics

The Royal Swedish demonstrated why the analysis of individual data is key to Academy of Sciences has untangling the patterns we see in aggregate data, an awarded The Sveriges approach that has since become widely adopted in Riksbank Prize in modern macroeconomics. Economic Sciences in Memory of Alfred Nobel How do we best measure and analyze welfare and for 2015 to American poverty? In his more recent research, Deaton highlights economist Angus Deaton. how reliable measures of individual household consumption levels can be used to discern mechanisms To design economic policy that promotes welfare and behind economic development. His research has reduces poverty, we must first understand individual uncovered important pitfalls when comparing the extent consumption choices. More than anyone else, Angus of poverty across time and place. It has also exemplified Deaton has enhanced this understanding. By linking how the clever use of household data may shed light on detailed individual choices and aggregate outcomes, his such issues as the relationships between income and research has helped transform the fields of calorie intake, and the extent of gender discrimination microeconomics, macroeconomics, and development within the family. Deaton’s focus on household surveys economics. has helped transform development economics from a theoretical field based on aggregate data to an empirical The work for which Deaton is now being honored field based on detailed individual data. revolves around three central questions: Lessons for India How do consumers distribute their spending among Angus Deaton, has had a long professional association different goods? Answering this question is not only with India. And various lessons from his work are quite necessary for explaining and forecasting actual relevant to Indian public policy today, for example the consumption patterns, but also crucial in evaluating how lesson about measurement being the key to enforcing policy reforms, like changes in consumption taxes, affect accountability. Deaton was a pioneer in devising ways to the welfare of different groups. In his early work around measure consumption, which led to a better understanding 1980, Deaton developed the Almost Ideal Demand of poverty and ways to fight it. India, unfortunately, falls System – a flexible, yet simple, way of estimating how short when it comes to measurement. the demand for each good depends on the prices of all goods and on individual incomes. His approach and its Deatonhas been sceptical about the extraordinary claims later modifications are now standard tools, both in of new approaches to designing superior schemes to academia and in practical policy evaluation. combat poverty, particularly the use of randomised controlled trials. A healthy dose of scepticism is a How much of society’s income is spent and how much is necessary ingredient in policy making as it limits the saved? To explain capital formation and the magnitudes possibility of making a wrong choice. At the same time, of business cycles, it is necessary to understand the Deaton has been open to taking strong stands be it on the interplay between income and consumption over time. In efficacy of cash transfers or the possibility of long-term a few papers around 1990, Deaton showed that the harm to recipients of foreign aid. For an Indian audience, prevailing consumption theory could not explain the the Nobel is a welcome development as his work has been actual relationships if the starting point was aggregate of particular relevance to our challenges.We spend over income and consumption. Instead, one should sum up Rs 3 trillion annually on subsidies and welfare measures how individuals adapt their own consumption to their but make slow progress in poverty reduction, with almost individual income, which fluctuates in a very different a third of the population still poor. India’s fight against way to aggregate income. This research clearly poverty can benefit a lot from Deaton’s body of work.

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Current Affairs: Sports

CRICKET Sehwag retires  Virender Sehwag, 37, announced retirement from international cricket in October. He confirmed his participation in next year’s Masters Champions League 2020, where only retired cricketers can play. In a glorious international career spanning over 12 years, Sehwag played 104 Tests scoring 8586 runs at an impressive average of 49.34, hitting 23 centuries and 32 half-centuries.  He is the only triple centurion in Tests for India having scored career-best knock of 319 against Pakistan at Multan followed by 309 against South Africa. This makes him the only batsman along with Don Bradman, Chris Gayle and Brian Lara to have scored a triple century twice in Tests.  In 251 ODIs, he accumulated 8273 runs at an average of 35.05 and scored 15 hundreds apart from hitting 38 fifties. He smashed his highest ODI score in 2011 against the West Indies at Indore, slamming 219 runs off only 149 balls. This is the third highest score in ODIs, after Rohit Sharma (264) and Martin Guptil (237 not out). In 19 Twenty20 Internationals, he managed 394 runs with two fifties. He has been a part of two World Cup winning teams under the captaincy of Mahendra Singh Dhoni --- 2007 World T20 in South Africa and the ICC Cricket World Cup in India.

BCCI not to terminate CSK, RR from IPL The Board of Cricket Council in India (BCCI) has confirmed that two suspended franchises Chennai Super King and Rajasthan Royals will not face termination and said that two new teams will replace them in the ninth edition of the Indian Premier League (IPL) tournament. The decision announced following the meeting of its working committee meeting in Mumbai on October 18 will make the next two IPLs an eight-team affair. The BCCI, however, said that a total of ten teams would play in the IPL from 2018 after the end of two-year suspension of CSK and RR. The Supreme Court appointed Justice R.M. Lodha-led committee had in July 2015 suspended the CSK and RR for two years from the league following the involvement of some players in spot-fixing. Meanwhile, the BCCI also announced mobile phone company Vivo as the new sponsor IPL for the next two years with beverage giant PepsiCo making its exit. Nike was retained as the apparel sponsor of the Indian cricket team.

Others in News: The ICC has barred Sri Lankan off-spinner Tharindu Kaushal from bowling the ‘Doosra’ in international cricket after it was found illegal in independent assessment but cleared all his other deliveries. Former England fast bowler Frank Tyson, who took 76 wickets in 17 Tests and was nicknamed ‘Typhoon’ due to his ferocious pace, died at the age of 85 on September 27. Former Australian Test cricketer Lindsay Kline, who is famously known for facing the final ball of the sports first tied test match against the West Indies in 1960, passed away at 81 in Melbourne on October 2.

FOOTBALL: FIFA’s independent ethics committee in Zurich suspended world body president Sepp Blatter and UEFA head Michel Platini, who is also a candidate for the FIFA presidency, for 90 days in October after they were named in a Swiss corruption case. Haryana’s Government Senior Secondary School from Alakhpura, Bhiwani defeated Chanambam Thambou Higher Secondary School, Manipur 5-3 in penalty shootout to lift the Subroto Cup football trophy in the junior girls (Under-17) section at the Ambedkar Stadium in New Delhi on September 29. Indian football team’s slumped to their fourth straight defeat losing 1-2 to hosts Turkmenistan in the 2018 FIFA World Cup qualifiers, in Ashgabat on October 8 thus ending their chances of qualification.

HOCKEY: The Indian junior men’s (Under-21) hockey team suffered a nail-biting defeat on penalties against Great Britain in the final of the 5th Sultan of Johor Cup in Johor Bahru (Malaysia) on October 18. The India colts, who were leveled at 2-2 against Great Britain after full time in the title encounter, lost in the penalty shootout 4-3, to the Great

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Britain boys. India had earlier finished at the top of the table in the league encounter just losing one match ironically to Great Britain. Sumit Kumar and Harmanpreet Singh with 3 goals each have been the top scorers for India in tournament.

CHESS: GM Sergey Karjakin of Russia annexed the World Cup Chess Championship defeating compatriot Peter Svidler 6-4 in a thrilling finale that concluded in Baku (Azerbaijan) in October. Karjakin and Svidler thus joined five- time World Champion Viswanathan Anand of India, Veselin Topalov of Bulgaria and American duo of Fabiano Caruana and Hikaru Nakamura in the line-up for the Candidates tournament to decide the challenger for Magnus Carlsen of Norway in the next world championship.

BADMINTON: P V Sindhu dream run at the Denmark Open ended in agony as the Indian shuttler suffered a 21-19, 21-12 straight-game defeat against Olympic champion Li Xuerui of China in the Women’s Singles final of the USD 650,000 Super Series Premier badminton event, in Odense on October 18. Men’s Singles title was won by China’s Chen Long who beat Indonesia’s Tommy Sugiarto in the final 21-12, 21-12. Women’s Doubles title was won by South Korean pair of Jung Kyung Eun & Shun Seung Chan while South Korea’s Yoo Yeon Seong and Lee Yong Dae won the Men’s Doubles title. South Korea also won the Mixed Doubles title when its pair Sung Hyun and Kim Ha Na defeated their Indonesian opponents in the final.

TENNIS: David Ferrer of Spain claimed the Malaysian Open title at Kuala Lumpur on October 4 defeating his Spanish compatriot Feliciano Lopez in the final between the top two seeds. Sania Mirza and Martina Hingis continued its dominating run by winning their sixth title of the year at the Guangzhou Open on September 26 beating Xu Shilin and You Xiaodi 6-3 6-1 in the final. Former US Tennis Association head David Haggerty was elected president of the International Tennis Federation to succeed outgoing ITF president Francesco Ricci Bitti. India’s Divij Sharan and Saketh Myneni won their first title together this season when Malek Jaziri and Denis Molchanov opted out of the final, down a match point, in the ATP Izmir Cup, in Izmir (Turkey) on September 27. World No.1 Novak Djokovic rolled to a 6-4, 6-2 win over France’s Jo-Wilfried Tsonga in the final of the Shanghai Masters hard-court tennis tournament in Shanghai on October 18.

TABLE TENNIS: China’s Fan Zhendong won the gold medal in Men’s Singles at the Asian Table Tennis Championships (ATTC) in Pattaya, Thailand in October. China also pocketed gold in men’s team, women’s team, mixed doubles, men’s doubles and women’s singles. Kim Hye Song and Ri Mi Gyong from North Korea won the Women’s Doubles title. China’s Fan Zhendong and Xu Xin claimed the Men’s Doubles title. China’s Zhu Yuling won the Women’s Singles title. India finished seventh in Men’s team event.

ATHLETICS: Kenya’s athletes Eliud Kipchoge and Gladys Cherono won the 42nd Berlin Marathon on September 28. Eliud Kipchoge crossed the finish line in 2:04:01 to beat his personal best, while Gladys Cherono won the women’s competition in 2:19:25. A total of 41,224 runners from 127 countries and regions participated.

SQUASH: Saurav Ghosal beat top seed Marwan Elshorbagy of Egypt 11-7, 11-2, 11-7 in the final to clinch the JSW Indian Squash Circuit Kolkata International in Kolkata on September 27.

RALLY: Experienced driver Raj Singh Rathore and his co-driver Amber Udasi clinched the top prize in the 17th edition of the Raid de Himalaya, the world’s highest altitude motorsports rally, by drivng his Polaris across the finish line first in the Xtreme Four-Wheeler category at Srinagar on October 17. Bengaluru’s Arvind K.P. was crowned champion in the Xtreme Two-Wheeler category. This year, the cross country endurance rally saw 167 participants travelling 1,920 km over six days. The off-roading event started in Shimla on October 9 with night halts at Manali, Dalhousie, Srinagar and Rangdum. In the Adventure category, meant for driving enthusiasts, the top slot was bagged by Jagmeet Gill with navigator Chandan Sen.

F1: Lewis Hamilton blazed to victory at the Japanese Grand Prix ahead of Mercedes team mate Nico Rosberg at Suzuka (Japan) on September 27 while Ferrari driver Sebastian Vettel was third.

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Current Affairs: Economy

Gujarat easiest place to do business in India BJP-ruled Gujarat is the best place in the country to do business, says the World Bank’s ranking on ease of doing business in states followed by AP, Jharkhand, Chhattisgarh, MP and Rajasthan. These rankings were provided in the report titled ‘Assessment of State Implementation of Business Reforms’ which was prepared by World Bank in association with the Department of Industrial Policy and Promotion (DIPP), KPMG, CII and FICCI. The ranking of 32 states and union territories was based on eight specified parameters – setting up of business, allotment of land, labour reforms, procedure for environmental clearance, infrastructure, procedure for registration for tax purposes and inspections for compliance of various norms. “What this report does very well is to provide a roadmap for states serious about improving their business environment and creating jobs,” World Bank country director Onno Ruhl said.

India ranks 142ndin ease of doing business India continues to be a tough place for doing business even as the country has improved regulator processes for starting enterprises and trading across borders, according to World Bank. In terms of ease of doing business, India is ranked 142nd among 189 countries in the latest rankings issued by the World Bank. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. The rankings are determined by sorting the aggregate distance to frontier scores on 10 topics, each consisting of several indicators, giving equal weight to each topic. Singapore is at the top position, followed by New Zealand. Hong Kong SAR (China) is at the third spot. Other nations in the top 10 are Denmark (4th), Korea Republic (5th), Norway (6th), the US (7th), the UK (8th), Finland (9th) and Australia (10th).

South Asian Economic Conclave organised Commerce and industry minister Nirmala Sitharaman made a strong pitch for greater integration of the South Asian region, even as she underscored the need for speedy implementation of the South Asian Free Trade Agreement (SAFTA) agreement. The Minister was speaking at the South Asian Economic Conclave organised by the Confederation of Indian Industry in New Delhi on September 30. SAFTA was signed by the South Asian Association of Regional Cooperation (SAARC) countries in January 2004, in Islamabad. Under this pact, India allows duty-free access to goods from Sri Lanka, Nepal, Bhutan and Bangladesh. Also India has reduced the ‘sensitive list’ it maintains for these countries to 25 items. Chief Economic Adviser Arvind Subramanian said that India’s neighbouring countries had looked at other countries for trade and not depended on India. As a result he said, SAFTA was unable to offer benefits that North American Free Trade Agreement (NAFTA) offered.

PM Modi Launches Mudra Scheme in Jharkhand Prime Minister Narendra Modi has launched the MUDRA scheme under which people can take loans up to Rs 10 lakh to start businesses. The Pradhan Mantri MUDRA (Micro Units Development and Refinance Agency) Yojana aims to help small entrepreneurs. Those covered under the scheme include proprietorship/partnership firms running as small manufacturing units, shopkeepers, fruits/vegetable sellers, hair cutting saloon, beauty parlours, transporters, truck operators, hawkers, co-operatives or body of individuals, food service units, repair shops, machine operators, small industries, artisans, food processors, self-help groups, professionals and service providers etc. in rural and urban areas. Loans up to Rs 50,000 come under Shishu loans. Kishor will cover loans above Rs 50,000 and up to Rs. 5 lakh. Tarun covers loans above Rs 5 lakh and up to Rs. 10 lakh.

Antrix asked to pay $672 mn fine to Devas Multimedia Paris-based International Chamber of Commerce (ICC)’s arbitration body International Court of Arbitration has asked ISRO’s commercial arm Antrix Corporation to pay damages worth $672 million to Bengaluru-based Devas Multimedia for “unlawfully” terminating a deal in 2011, citing national security. Under the deal signed in 2005, Antrix was to provide 70 MHz of S-Band wavelength to Devas for its multimedia services by leasing 90 per cent of the transponders in www.endeavorcareers.com October 2015-Issue-II THE GENESIS

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ISRO’s GSAT-6 and GSAT-6A satellites. Devas, in turn, was to pay Antrix a total of USD 300 million over 12 years. In its findings, the tribunal had noted that Antrix had no legal justification for terminating the agreement.

Black money law comes into force With the compliance window closing on October 1, the black money law has come into force. Central Board of Direct Taxes (CBDT) Chairperson Anita Kapur said that with the closure of the compliance window, the act with all its provisions will be enforced on defaulters. The Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015, for the first time, allows levy of tax in India on assets kept abroad. The law provides for a compliance window for declaring and paying penalty and a failure to meet the timeline will attract an additional penalty of 90 percent for a total tax liability of 120 percent on the quantum of black money stashed abroad. India’s drive to get back ill-gotten wealth stashed away by its citizens abroad has drawn responses from 638 declarants for total assets worth Rs.3,770 crore ($580 million).

Indo-US FATCA pact becomes operational The ambitious anti-offshore tax evasion and black money detection pact between India and the US -- Foreign Account Tax Compliance Act (FATCA) -- became operational from October. The pact aims to cover automatic sharing of information on bank accounts as well as financial products like equities, mutual funds and insurance, and is aimed at fighting the menace of black money stashed abroad. Banks, mutual funds, insurance, pension and stock-broking firms will report their Indian client details to the US which will be shared with New Delhi. If a financial institution does comply with FATCA, it will have to pay 30 per cent penalty tax on all its US revenues, including dividend, interest, fees and sales.

June-end external debt at $482.9 billion India’s external debt stood at $482.9 billion as of June-end, up 1.8% from March-end, the Reserve Bank of India said on September 30. India’s external debt-to-GDP ratio stood at 24% as of June-end, recording an increase of 23.7% over its level at March-end 2015. Excluding valuation gains due to appreciation of the US dollar against the Indian rupee and other major currencies, the increase in external debt during the quarter would have been higher at $10.1 billion. The country’s ratio of short-term residual debt to forex reserves fell to 51.9% in June-end, from 54.2% in March-end 2015.

UIDAI shifted to IT Ministry The Unique Identification Authority of India (UIDAI), which issues Aadhaar cards, has been shifted to the administrative control of the Ministry of Communication and Information Technology from NITI Aayog. The decision to shift UIDAI from NITI Aayog, which has replaced Planning Commission, has been taken keeping in mind the government’s ambitious ‘Digital India’ programme as the Aadhaar numbers are being linked with several services. The issuance of Aadhaar cards, started by the then UPA government, has come under the scrutiny of the Supreme Court which recently held that the card would not be mandatory for availing benefits of government’s welfare schemes.

India top FDI destination in H1 FY16–Financial Times With USD 31 billion of foreign capital inflows, India has surpassed China and the US to take the pole position in attracting largest FDI in the first half of 2015. The report published in Financial Times, London said that India has attracted USD 31 billion of FDI in H1 2015, ahead of USD 28 billion of China and USD 27 billion of US. “In a year when many major FDI destinations posted declines, India experienced one of 2014’s best FDI growth rates, increasing its number of projects by 47 per cent,” it said.

Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) launched The Government has launched the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) to provide for the welfare of areas and people affected by mining related operations, using the funds generated by District Mineral Foundations (DMFs). The scheme aims at mitigating the adverse impacts due to mining operation on the environment and health and ensuring long-term sustainable livelihoods for the affected people in mining areas. 60 per cent of the funds will be spent on high priority areas including drinking water supply, health care, sanitation, education and skill development of the affected people. Besides, the rest of the funds will be spent on making roads, bridges, railways, waterways projects, irrigation and alternative energy sources. Mining companies will have to contribute 30 per cent of the royalty payable by

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them to DMFs in case of mining leases executed before January 12, 2015 and 10 per cent of the royalty where mining leases are granted after this date.

Poor monsoon likely to hit 2015-16 kharif output by 1.78% Declining for the fourth consecutive year, India’s foodgrain production is projected to drop by 1.78 per cent to 124.05 million tonnes in the 2015-16 kharif season due to poor monsoon and drought-like situation in some states. Foodgrain output was 126.31 million tonnes (MT) in the kharif (summer) season of the 2014-15 crop year (July-June). The Agriculture Ministry released the first advance estimates for the 2015-16 kharif crops recently. The cumulative rainfall during the current monsoon season has been deficient by 15 per cent. As a result, the kharif production of rice, coarse cereals and pulses, which are part of foodgrain basket, is likely to decline this year as compared to the fourth advance estimate of kharif foodgrain output for 2014-15. These are preliminary estimates and would undergo revision based on feedback from the states. It releases four estimates before the final one.

MNCs exempted from MAT retrospectively from 2001 The government has decided to amend income tax laws to exempt foreign companies from MAT retrospectively from 2001. Foreign companies, irrespective of whether they belong to a country with which India has a Double Taxation Avoidance Agreement, have been exempted from payment of minimum alternate tax (MAT) on profits from April 2001 if they do not have a place of business in India. In case the companies belong to countries with which India does not have a DTAA, the MAT exemption will apply if they are exempted from registration under India’s Companies Act. Under these sections, firms are exempted from registration if they do not have a “place of business” in India.

US Congress lets ‘discriminatory’ outsourcing H-1B fee lapse In a breather for Indian IT firms, the “discriminatory” USD 2,000 H-1B fee mostly imposed on them lapsed in October. The charges, often called outsourcing fee, had forced Indian IT companies in the last few years to pay millions of dollars towards protecting the US-Mexican border from illegal immigration. The legislation with regard to a USD 2,000 fee on H-1B visas for companies having more than 50 per cent of its employees oversees was adopted by the US Congress in 2010. In a recent report, NASSCOM said Indian tech industry contributed an estimated over USD 375 million during this period to the US Treasury including helping America secure its borders.

India 155thin UN’s broadband penetration ranking At a time when the Centre is pushing the Digital India campaign and talking about broadband for all, the country’s Internet growth is lagging that of most other countries. According to the State of Broadband 2015 report by the United Nations, India’s broadband penetration ranking has fallen to 155 from 113. This despite the fact that the number of people with broadband access on mobile phones has gone up to 5.5 per cent of the population compared with just 3.2 per cent in 2013. South Korea continues to have the world’s highest household broadband penetration, with 98.5 per cent of homes connected; Qatar (98 per cent) and Saudi Arabia (94 per cent) are ranked second and third, respectively.

India 55thon WEF Global Competitiveness Index In a big jump, India has moved up 16 positions to rank 55th on a global index of the world’s most competitive economies, where Switzerland remains on top. The jump in India’s position underlines the country’s recent economic recovery, improvement in the competitiveness of the country’s institutions and its macroeconomic environment and a “slight improvement” in infrastructure, the World Economic Forum (WEF) said in its latest Global Competitiveness Report in Geneva. WEF said that the most problematic factors for doing business in India include corruption, policy instability, inflation and access to finance. The areas where India ranks better were investor protection, gross national savings, quality of education system, venture capital availability, hiring and firing practices, GDP and domestic market size, public trust in politicians and burden of government regulation.

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Business Biography Ralph Lauren: Fashion Moghul The American clothing designer is best known for his sportswear line, Polo Ralph Lauren, which is the centerpiece of his fashion empire

The Ralph Lauren style became a nationwide phenomenon after he dressed the male actors in the 1974 film adaptation of The Great Gatsby in clothing from his current line. The film’s evocation of the lost, elegant era of F. Scott Fitzgerald provided a perfect vehicle for Lauren’s classic, sometimes nostalgic, vision.

Lauren once said of his style, “I’m interested in longevity, timelessness, style—not fashion.” His work throughout the following decades reflected this motto, as his exploration of new ideas—including Southwestern themes and safari looks—was always grounded in his central focus on classic American clothing.

Lauren subsequently broadened his brand to include a luxury clothing line called Ralph Lauren Purple, a home- Ralph Lauren, the quintessential American designer who furnishing collection called Ralph Lauren Home, and a built a fashion empire based on sweeping fantasies of collection of fragrances. Polo currently produces clothing country-club prep and the Wild West, is stepping down for men, women and children. Lauren has also designed from his post as chief executive of his eponymous Olympic uniforms for Team USA. company. The 75-year-old designer, who founded the luxury fashion label nearly 50 years ago, has announced that Stefan Larsson, a former H&M executive and Lauren’s vision appealed to a wide spectrum of people, president of Old Navy, a Gap brand, will be taking over. and his label quickly turned into an empire. Seeing how Ralph, who turns 76 in October, has decided to step down his clothing was associated with a certain lifestyle, as CEO, plans to stay on as chief designer for the label. starting in 1983 he expanded his business to include a Larsson will take over as CEO of the Ralph Lauren range of home accessories that would eventually include Corporation in November. pillows, throws, bed and bath products, furniture, and household paint. Lauren also diversified the appeal of his Ralph Lauren was born Ralph Lifshitz in the Bronx, New label by creating lines of clothing and accessories targeted York City, on October 14, 1939. His parents were Jewish at a wide range of price points and demographics, immigrants from Belarus. At the age of 16, Ralph and his including a jeans line and a children’s line. By the 1990s brother Jerry changed their last name to Lauren, having the presence of both his shops and his brand name had been teased consistently at school. Another brother, become global. Lenny, retained the family name.In 1967, Lauren began designing men’s neckties, branding them under the name Polo expanded rapidly in the 1980s and 1990s, opening “Polo” and selling them at large department stores, boutiques across the United States and abroad. In 1984, including Bloomingdale’s. Lauren then expanded his Lauren opened the flagship store in New York’s designs to a full menswear line. Rhinelander Mansion. The company went public on June 11, 1997, traded under the symbol RL.The success of In 1970, Lauren was awarded the Coty Award for his Polo has earned Lauren a personal fortune estimated at menswear designs. Following this recognition, he $6.5 billion. released a line of women’s suits tailored in a classic men’s style. In 1972, Lauren released a short-sleeve Lauren married receptionist Ricky Anne Low-Beer in cotton shirt in 24 colors. This design, emblazoned with New York City in 1964. The Laurens are the parents of the Polo logo, became the brand’s signature look. three children: Andrew, David and Dylan.

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Current Affairs: Corporate

RANKINGS & INDEXES Robin Hood Index: According to the Robin Hood Index launched by Bloomberg recently, each person below poverty line in India would get $59 if the $22 billion wealth of Reliance Industries Chairman Mukesh Ambani, India’s richest man, were to be distributed among them. The index shows how the net worth of each country’s wealthiest person compares with the livelihood of his fellow countrymen by calculating the lump sum (in dollars) each person living in poverty would get if the assets of the richest citizen were to be liquidated and redistributed. The two countries where the poor stand to gain the most are Cyprus and Sweden. If the wealth of John Fredriksen, Cyprus’ richest man were to be redistributed among that country’s poor, each would get $45,987. Similarly, $33,149 of the wealth of Ingvar Kamprad, Sweden’s richest man, would reach each poor man in that country, if the wealth was to be given away. The Bloomberg Billionaire Index and the CIA World Factbook were used as the reference points for the index.

Bloomberg Markets Most Influential List: Prime Minister Narendra Modi is ranked 13th among the world’s top 50 people in the fifth edition of the ‘Bloomberg Markets Most Influential’ list. This is an annual ranking of the most popular politicians, economists, bankers, tech-executives, entrepreneurs, venture capitalists and money managers. While US Federal Reserve Chair Janet Yellen tops the Bloomberg list, Chinese President Xi Jinping is on the second spot. Apple CEO Tim Cook is ranked third. The only other Indian on the list of 50 people is 41-year-old Ruchir Sharma (50), who heads emerging markets and global macros at Morgan Stanley Investment Management and is well known for his book ‘Breakout Nations: In Pursuit Of The Next Economic Miracles’.

Forbes India Rich List: Mukesh Ambani remains India’s richest person for the ninth consecutive year with a net worth of USD 18.9 billion, according to the latest Forbes India Rich List released at the end of September. The top 10 richest in India are: 1) Mukesh Ambani; USD 18.9 billion 2) Dilip Shanghvi; USD 18 billion 3) Azim Premji; USD 15.9 billion 4) Hinduja brothers; USD 14.8 billion 5) Pallonji Mistry; USD 14.7 billion 6) Shiv Nadar; USD 12.9 billion 7) Godrej family; USD 11.4 billion 8) Lakshmi Mittal; USD 11.2 billion 9) Cyrus Poonawalla; USD 7.9 billion 10) Kumar Birla; USD 7.8 billion. This list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, analysts and India’s regulatory agencies.

Forbes 50 richest families in Asia: As many as 14 Indian families have made it to the inaugural list of Forbes’ 50 richest families in Asia, led by the Ambanis, who were ranked third on the list with a net worth of USD 21.5 billion. Other Indian families in the list include Dabur India’s Burmans, Cadila Healthcare’s Patels, Eicher Group’s Lals, Shree Cement’s Bangur family and Cipla’s Hamieds. The overall list was topped by Lee family of Samsung Group, whose 2014 revenues were equivalent to 22 per cent of South Korea’s GDP. “While few dominate to such an extent, many business dynasties hold wide regional sway with their sprawling, cross-border empires,” Forbes said.

Fortune’s ‘40 under 40’ list: As many as five Indians have featured in this year’s Fortune 40 under 40 list, an annual ranking of the most influential young people in the world of business. The five Indians in the coveted list include Dhivya Surayadevera (CEO of GM Asset Management), Vas Narasimhan (research head at Novartis), Anand Swaminathan (head of Accenture Digital), Apoorva Mehta (CEO of Instacart) and Reshma Saujani (founder of Girls Who Code). The Fortune’s 40 under 40 list for this year was topped by Adam Neuman, Co-founder and CEO, WeWork, followed by Tesla’s JB Straubel and Ryan Graves, SVP of Global Operations, Uber at the second and third positions, respectively. “There are tech names here, yes, but also stars in health care, autos, finance, food, real estate, comedy, and even ultimate fighting,” Fortune said, adding that this list is “one that, rather than being about money alone, was about achievements, ambition, and influence”.

HAPPENINGS Uninor rebrands as Telenor: Telecom operator Uninor announced changing its brand name to Telenor, the name of its parent firm, and spending Rs 100 crore on repositioning itself as ‘the most affordable service provider’ in India, even as the company said it will compensate consumers for call drops. It has changed its tag to ‘Ab life full paisa vasool’ from ‘Sabse Sasta’. The Norway-based firm, Telenor, entered India through a joint venture with Unitech Wireless, which www.endeavorcareers.com October 2015-Issue-II THE GENESIS

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was branded as Uninor. Unitech has now completely exited from the operations and in 2014, the Telenor group increased its stake in the Indian entity to 100 per cent.

Nissan inks 8-year deal with ICC: Carmaker Nissan has entered into an eight-year sponsorship deal with the International Cricket Council, marking the Japanese carmaker’s first significant foray into the sport replacing Korean carmaker Hyundai Motor.

Future Group ties up with Patanjali Ayurved: Kishore Biyani-led retail major Future Group has entered into a partnership with Baba Ramdev-promoted Patanjali Ayurved to sell the latter’s FMCG products through its stores. Patanjali’s range of FMCG products, including staples, nutrition, hair care, skin care, dental care and toiletries, will be sold through Future Group’s Big Bazaar, KB’s and EasyDay outlets across India.

Infosys bags contract to build GST Network: Infosys has secured the high-profile contract to develop and operate the technology platform for the proposed goods and services tax (GST), beating the biggest names in Indian IT and US tech giant Microsoft. The GST IT system will provide a standard interface for the taxpayer including registration, filing of returns and payment of tax and a common and shared IT infrastructure between the Centre, the states and other bodies such as the Reserve Bank of India.

WCD Ministry, Vedanta sign MoU for ‘next gen’ Anganwadis: The Ministry of Women and Child Development has signed a Memorandum of Understanding (MoU) with Vedanta in September to develop and modernise 4000 Anganwadis in the country. The Anil Agarwal-promoted Vedanta will build the ‘next generation’ Anganwadi centres at a cost of Rs. 400 crore in the states of AP, Assam, Chhattisgarh, Jharkhand, MP, Maharashtra, Odisha, Rajasthan, Telangana and UP among others. The land for the Anganwadis will be provided by the Gram Panchayats.

ITC to spend Rs 250 crore for strengthening rural livelihoods: Diversified group ITC will spend Rs 250 crore this fiscal as part of its social investments for strengthening rural livelihoods. The company will also continue to add one lakh acres of land under its watershed development and 50,000 acre in its afforestation initiatives each year. Under the Mission Sunehra Kal, ITC works to strengthen rural livelihoods through its rural retail initiative e-Choupal, wasteland development through social forestry, soil and moisture conservation programmes, livestock development initiatives, building skills and social infrastructure.

CNX Nifty to be renamed Nifty 50: India Index Services & Products Limited (IISL), an NSE group company, has decided to rebrand its flagship ‘CNX Nifty’ index as ‘Nifty 50’ besides renaming all its other existing indices, from November. The index provider will rebrand all its existing indices to include ‘Nifty’ in their names as against the name ‘CNX’ used currently. “Inclusion of Nifty in the name of IISL’s indices will enhance the acceptability of products linked to Nifty family worldwide,” NSE managing director and CEO Chitra Ramkrishna said.

Digjam, Holland & Sherry float JV: Textile firm Digjam has formed a 51:49 joint venture with Scotland-based premium fabric maker Holland and Sherry for distribution of their products. The JV has been named Holland and Sherry India Pvt Ltd.

PERSONS IN NEWS Shivinder Singh: Fortis Healthcare Executive Vice-Chairman Shivinder Mohan Singh (40) is stepping down from his position to join a philosophical and spiritual organisation Radha Soami Satsang Beas headquartered near Amritsar. Singh founded Fortis Healthcare with his elder brother Malvinder Mohan Singh in late 1990s. The brothers sold their stake in Ranbaxy to Japanese drug major Daiichi Sankyo in 2008. Singh is also one of the principal promoters of Religare Enterprises Ltd, Super Religare Laboratories Ltd and Religare Technologies Ltd.

APPOINTMENTS – I: P S Jayakumar, the former chief executive of VBHC Value Homes, on October 13, 2015 took charge as the new MD and CEO of the state-owned Bank of Baroda for three years. Rajiv Lall took charge as the MD & CEO of IDFC Bank with effect from October 1, 2015. K.M. Singh was appointed as the Chairman & Managing

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Director of state-run power producer NHPC in September. Amul’s Managing Director R. S. Sodhi has been given an extension for another five years following a board meeting of Gujarat Cooperative Milk Marketing Federation (GCMMF), which owns Amul brand, announced GCMMF Chairman Jethabhai P Patel recently. A K Pujari assumed charge as the CMD of steel giant Steel Authority of India Ltd (SAIL) from October.

APPOINTMENTS – II: Porsche, the luxury sports car division of German auto giant Volkswagen has named Oliver Blume as its new chief executive replacing Matthias Mueller, who has been made head of the entire VW group. John T. Chambers, Executive Chairman of Cisco, has been elected as the new chairman of the US India Business Council (USIBC), the apex advocacy group for India and American companies in the US, replacing Ajay Banga, CEO of MasterCard. Micro blogging site Twitter’s co-founder and interim chief executive officer Jack Dorsey has become permanent CEO of Twitter and online payment services firm Square.

BRAND AMBASSADORS: Oxigen ropes in Sachin Tendulkar as its brand ambassador: Digital payment solution firm Oxigen Services, founded by Pramod Saxena, signed up India’s legendary batsman Sachin Tendulkar as its brand ambassador in September. Actress Athiya Shetty has joined “2 States” star Alia Bhatt as the brand ambassador of cosmetic brand Maybelline New York. Switchgear products and fan maker Standard, a part of Havells India, has roped in Bollywood actress Alia Bhatt as its brand ambassador for its range of products. Music composer A. R. Rahman has been named the Cultural Ambassador for Seychelles by the tourism ministry of the Indian Ocean island nation. LIVA, from the Aditya Birla Group, unveiled its latest campaign with brand ambassador, Kangana Ranaut in October.

RETIREMENTS/RESIGNATIONS: HSBC India has announced the retirement of its Chairperson Naina Lal Kidwai after a 13-year stint with the financial institution. DuPont Chief Executive Officer Ellen Kullman (59), who joined the company more than 27 years ago and has been its CEO since 2009, announced resignation in October. IGATE CEO Ashok Vemuri has resigned after three months of the US-based BPO firm being acquired by Capgemini.

Gajanan Pendharkar, among the first to promote the idea of sponsoring television shows in India, through which he took ayurvedic cosmetics and Vicco to the global level, died in Mumbai on October 8. Chairman of Vicco Laboratories, the 81-year-old was engaged in the company’s day-to-day activities till three months before his death.

LAUNCHES Qute: Bajaj Auto has started exporting its much-delayed quadricycle, christened as Qute, across various global markets by the end of September 2015 even as it awaits Supreme Court verdict to introduce it in the domestic market. The four- wheeler mini passenger vehicle has a fuel efficiency of 36 km per litre. It can reach a top speed of up to 70 km per hour. Bajaj Auto claimed Qute, which would be used as an intra-city vehicle, is the first Indian made quadricycle to meet the stringent European norms. Bajaj Auto had showcased the RE60 in 2012 as a mini four-wheeler powered by a 200-cc rear-mounted petrol engine for intra-city urban transport targeting three wheeler customers.

Humrahi, Humsafar: Lohia Auto Industries has announced its entry into southern India with the launch of its range of electric-scooters, e-rickshaws and diesel three-wheelers. The Lohia vehicle range includes three e-scooters (OMA Star, OMA Star DX and Genius), electric rickshaw Humrahi and diesel three-wheeler Humsafar. Lohia Auto’s vehicles are manufactured at a plant in Kashipur, Uttarakhand.

Avanti, Urbano, Ecopia: Car designer Dilip Chhabria launched India’s first sports car, the DC Avanti which has a top speed of 200 km/hr), in September priced at between Rs. 2.5-3.5 million. Maruti Suzuki has launched a special limited edition of the Alto K10 called the Alto K10 Urbano. Rubber and tyre company Bridgestone India launched its tried and tested fuel-efficient Ecopia series of tyres in the country in October.

Two-Wheelers: TVS Motor Company launched TVS Sport claiming to deliver mileage of 95 km/litre because of its DuraLife Engine. Two-wheeler major Hero MotoCorp has unveiled two 110 cc scooters, Maestro Edge and Duet, completely developed in-house with its own technology.

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Gadgets 360: NDTV Group unveiled the first look of its e-commerce portal, Gadgets 360, at the 5th Gadget Guru Awards in September. Gadgets 360 will curate a marketplace for exclusive launches of mobile phones and other electronic gadgets. Gadgets 360 will curate a marketplace for exclusive launches of mobile phones and other electronic gadgets.

Surface Book: Microsoft unveiled a slew of new products in October, including new smartphones and a ‘Surface Book’, as the technology giant takes global rivals Apple and Google head-on. Microsoft also unveiled two connected devices -- HoloLens and Microsoft Band. All devices are based on the new Windows 10 operating system. The Surface Book will compete with Apple’s MacBook and Google’s Chromebook.

Gadgets: South Korean electronics giant Samsung Electronics in collaboration with American virtual reality technology company Oculus launched at a price of $99 its first consumer Gear VR wearables device that changes 2D content to 3D in September. Chinese handset-maker Lenovo has launched its new smartphone - Vibe Shot - which it claims will transform the photography experience of users, at a price of Rs.25499. Miami-headquartered affordable handset-maker BLU (Bold Like Us) entered the India market with the launch of two Windows-based smartphones - BLU Win HD LTE and BLU Win JR LTE - priced at Rs.7,999 and Rs.5,999 respectively. Foraying into the laptop segment, Micromax introduced its Canvas ‘Lapbook’ priced at Rs 13,999 in October. Tablet-maker Swipe Technologies launched a new 4G tablet named Ace Strike with 2GB RAM at a price of Rs.6,999 in October.

Others: Dabur India has launched a range of professional salon facial products under the Oxlife brand for men and women, which marks its foray in the male professional grooming market in September. Louis Philippe, the premium menswear brand of Aditya Birla Group-owned Madura Fashion and Lifestyle which also owns Allen Solly, Van Heusen and Peter England, is set to launch its range of watches under Louis Philippe Time brand. Godrej Security Solutions has launched Goldilocks, a product designed and developed in-house by the security solutions major as “My Everyday Locker”. Diversified PSU Andrew Yule opened its first tea lounge in Kolkata in October and will roll out more outlets pan-India depending upon the response.

Activities: Online travel services provider Cleartrip has recently launched a new vertical titled Activities. Available on the Cleartrip mobile app across iOS, Android and Windows, Activities is a set of 3,500 handpicked collection of experiences and things to do in 35 cities pan-India, like Segway tours, go-karting, yachting, night treks, photography trails, culinary classes, food walks and so on. The experiences are priced between Rs. 200 and Rs. 3,000.

Juggernaut, a new publishing firm, has been launched by former Penguin Random House India publisher Chiki Sarkar with Durga Raghunath, CEO of Firstpost to give reimagine books for the mobile and give authors both a digital and a physical platform.

SpiceMudra: Spice Digital, a subsidiary of Spice Connect, has launched its prepaid payment wallet SpiceMudra to focus on domestic remittances and enterprise payments. SpiceMudra will facilitate domestic money transfers and all kinds of utility services payments like bill payments, recharge and ticketing services among others.

La Femme: Fortis has launched La Femme, a boutique hospital for women offering a holistic range of medical services catering to all stages of a woman’s life in Bengaluru. Fortis La Femme aims to offer top-notch clinical care, state-of-the-art facilities and infrastructure and trained and experienced staff in a warm and nurturing environment.

GoStays: Travel company Goibibo has launched a platform ‘GoStays’ to facilitate booking budget accommodations through its mobile apps in 72 cities. ibibo Group Founder and CEO is Ashish Kashyap. The ibibo Group comprises of various travel portals such as hotels aggregator and air platform Goibibo.Com, online bus ticketing platform redBus.In, vehicle tracking application YourBus and recently launched car sharing app, ibibo Ryde. South Africa-based Naspers is the principal owner in the ibibo Group.

QuickrJobs: Cross-category online classified business Quikr has announced its entry into the job search vertical with QuikrJobs that will focus on blue collar, grey collar and entry level jobs across India. Quikr’s latest vertical follows the

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launch of QuikrCars and QuikrHomes. “Historically those in low salary brackets have not been targeted by the digital industry but increase in internet penetration across India is an opportunity to change this equation,” Quicker Founder and Chief Executive Pranay Chulet said.

mVisa: Private sector lender ICICI Bank has launched a mobile-payment solution based on ‘mVisa’ that will allow its customers pay for services using their smartphones.

Shiva: Enthused by the response to its locally created properties, Viacom18-owned kids channel Nickelodeon India is scaling its local content by creating its third home-grown animated character Shiva. The company had earlier created properties such as Motu Patlu and Pakdam Pakdai. Shiva is the story of the nine-year-old boy who stays in Vedas city with his Nana & Nani. Every story in the show starts with an incident that threatens Vedas City.

Tresca: Arvind Limited disclosed plans to put its premium fabric brand ‘Tresca’ on a fast growth track. Tresca will be introducing two new fabrics – Immaculate and Tencel. The newly launched Immaculate is the world’s first Non-Iron fabric with a rating of 4DP while Tencel is a blend of Cotton & Tencel, and is 100 Percent natural.

MERGERS & ACQUISITIONS Dell to acquire EMC Corporation: In one of the mega acquisitions in the global IT space, PC maker Dell Inc. will acquire EMC Corporation for about $67 billion to create the “world’s largest privately-controlled, integrated technology company”. Under the definitive agreement, Dell along with its owners -- Founder & Chairman Michael S Dell MSD Partners and Silver Lake, the global leader in technology investing -- will acquire EMC Corporation. The deal combines EMC’s leadership in digital storage with Dell’s expertise in the servers market that businesses use for computing tasks. With EMC in tow, Dell would look at expanding its product lineup in high-end data storage equipment as it competes with the likes of Hewlett-Packard Co and others.

Anheuser Busch InBev to acquire SABMiller: World’s biggest beer makers agree to join forces: The world’s top two beer makers agreed in October to join forces to create a company that would control nearly a third of the global market and threaten to dominate the US by bringing together Budweiser and Miller Genuine Draft. After turning down five offers, British-based brewer SABMiller accepted in principle an improved takeover bid worth 69 billion pounds (USD 106 billion) from Anheuser Busch InBev, which along with Budweiser makes Corona, Stella Artois and Beck’s. Aside from the Miller beers, SABMiller owns Peroni, Grolsch and Milwaukee’s Best among its 200 or so brands. SABMiller’s two biggest shareholders, Marlboro owner Altria and Colombia’s BevCo would get both cash and shares for their combined 41 percent stake.

Cox & Kings acquires LateRooms: Travel services provider Cox & Kings acquired UK-based online hotel booking specialist LateRooms for 8.5 million pounds (about Rs 85 crore) from TUI Group in October. “We are confident that bringing the LateRooms brand and technology into the fold will provide a significant boost to Cox & Kings’ growth trajectory and technology capabilities,” Cox & Kings Director Peter Kerkar said. The group also expects to drive synergies and value from LateRooms’ association with Cox & Kings’ arm SuperBreak Mini-Holidays, a short-break packaged holiday specialist in the UK.

Practo acquires Qikwell: Healthcare startup Practo acquired Qikwell, a company that facilitates appointment scheduling at hospitals in September. Shashank ND is Practo founder and CEO. This was its fourth acquisition in 2015. Earlier Practo bought Fitho (digital fitness solution), followed by Genii in and Insta Health. Launched in 2011 by, Qikwell today has over 100 employees and offers hospital appointment scheduling for 250 hospitals in 19 cities.

Ballarpur set to exit venture in Malaysia: Ballarpur Paper Holdings BV, a subsidiary of Ballarpur Industries, will sell its entire 98.08 per cent stake in Malaysian entity Sabah Forest Industries (SFI) for $500 million (about Rs 3,307 crore). The Avantha group company said the deal completion is expected to take place within three months from the date of signing.

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Cyber Buzz

France approves ‘right to be forgotten’: technology in India. This ensures that all calls between France’s data protection watchdog has rejected an appeal riders and driver-partners are connected using anonymous by Google against a decision ordering the Internet giant phone numbers -- so both sides can communicate with to comply with each other to coordinate a pick-up without revealing their users’ requests to personal phone numbers,”‘‘ Uber said in October. Uber have information has recently expanded its partnership with SafetiPin, a about them map-based mobile safety app, to generate safety scores removed from all for various locations across 50 cities globally, including search results. Bengaluru, Mumbai, Gurgaon and Noida in India. Since a European Court of Justice Facebook allows videos as profile pictures: ruling in May Social networking giant Facebook has allowed users to 2014 recognising put up small videos as their profile pictures as part of a the “right to be forgotten” on the net, Google users can set of new mobile-friendly updates. Facebook, which has ask the search engine to remove results about them that about 1.49 billion users globally, has started testing these are no longer relevant. However, Google ran into trouble features to a small number of iPhone users in the UK and in France over the fact that while it removes these California and will roll them out to more people soon. references from its results in searches made in Google.Fr Users will be able to film a short, looping video clip that or other European extensions, it refuses to do so on will play for anyone who visits their profile. Along with Google.Com and elsewhere. “This strips away the the new profile features, Facebook has also made design effectiveness of this law, and varies the rights granted to changes to mobile profile, aimed at improving the profile persons according to the Internet user who consults the layout and better present information about the user in a search engine, rather than the person concerned,” said the more visually engaging way. The US-based firm has also data watchdog CNIL. In France the US giant was fined introduced easier control over what people see on the 150,000 euros in 2014 for failing to comply with CNIL user’s page with a customisable space at the top of their privacy guidelines for personal data. profile.

Facebook launches ‘Signal’ for journalists: Truecaller India user base past 100 mn: Phone Social networking giant Facebook has released a new tool directory app Truecaller said in October that its user base to help journalists find, organise and publish content in India has crossed the 100 million mark, making it the found on its extensive network. The tool called Signal, largest for the Scandinavian company. Globally, it has helps journalists find, source, and embed content from 150 million users. Its other major markets include the Facebook and Instagram. The tool will be free for Middle East, North Africa and the US. “India has always journalists. This launch comes soon after Facebook made been one of the most important markets for Truecaller its ‘Mentions’ app available to journalists with verified and we are ecstatic at having achieved this milestone. profiles. That app, which lets users track mentions of Through our consumer-centric strategy based on relevant themselves and stream live video, was previously only for innovations, we aim to simplify our users’ lives each public figures like athletes and actors. If ‘Mentions’ is for day,” Truecaller CEO and co-founder Alan Mamedi said. outward-facing content and self-promotion, ‘Signal’ - Recently, it launched its first brand campaign with which is desktop-only for now - is designed to make the popular Bollywood actor Nawazuddin Siddiqui. backend of the news-gathering process easier. The group Facebook rebrands Internet.org: Social of tools will give journalists a behind-the-scenes look at networking giant Facebook has rebranded its free internet what is trending on Facebook and find more on those sharing platform Internet.org to Free Basics which would topics. help distinguish between the broader Internet.org Uber introduces number masking: After Ola, initiative, and the app and website that currently provide taxi aggregator app Uber has now introduced the number access to Free Basic services. Currently, the Internet.org masking feature on its platform to ensure that mobile website has been moved to Free Basics in India and the numbers of its customers remain undisclosed to drivers. site says that only Reliance SIM card holders can access “‘‘We are deploying our disguised phone number the site and its services.

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Science & Technology

Science Express flagged off messages that the train conveys. An exciting and much sought-after Outreach Programme will also be conducted Science & Technology and Earth Sciences Minister Dr. in local schools/institutions along with interesting Harsh Vardhan flagged off Science Expressalong with the activities on the railway platforms where it is parked. In Railway Minister Suresh Prabhakar Prabhu and the addition, informative & appealing take-away material is Minister for Environment, Forests & Climate Change made available for wider distribution amongst schools Prakash Javadekar from Delhi on October 14. and other visitors.

The Science Express is an innovative science exhibition 200 new species found in Himalayas mounted on a 16 coach AC train which has been custom- built for Department of Science & Technology (DST) by A snub-nosed monkey that sneezes when it rains, a Railways. This unique mobile exposition was initially walking fish and a jewel-like snake are among more than launched in 2007 by DST, in collaboration with German 200 new species discovered in the fragile eastern Government and Max Planck Society. Himalayas, according to a new report by WWF released in Thimpu in October. In 2011, Science Express was rolled out as Biodiversity Special which showcased the myriad Biodiversity of A report on wildlife in Nepal, Bhutan, the far north of India and it traversed the length of breadth of India in 3 Myanmar, southern Tibet and north-eastern India by The runs. So far more than 1.33 crore people, primarily World Wildlife Fund said that discoveries in the past five students & teachers, have visited it. It has thus become years including 133 plants, 26 species of fish, 10 new the largest, longest running and most visited mobile amphibians, one reptile, one bird and one mammal. Some science exhibition. of the most striking discoveries include a vibrant blue dwarf ‘walking’ snakehead fish, which can breathe Science Express is now being redesigned on the theme atmospheric air and survive on land for up to four days, Climate Change. From October 2015, it is planned to run although moving in a manner much clumsier than a it as ‘Science Express Climate Change Special (SECCS)’. slithering snake.

Climate Change is the most important environmental The report details an unfortunate monkey whose upturned issue, with short term as well as long term and large scale nose leads to a sneeze every time the rain falls. The snub- impact. From shifting weather patterns that threaten food nosed monkey - or “Snubby” as they nicknamed the production, to rising sea levels that increase the risk of species - from locals in the remote forests of northern catastrophic flooding, the impacts of climate change are Myanmar, who said it was easy to find when it was not just global in scope and unprecedented in scale but raining because it often got rainwater in its upturned nose, more severely affect poor & marginalized people. causing it to sneeze. To avoid the problem, snubby spend However, there is very little understanding about Climate rainy days sitting with their heads tucked between their Change and its impacts. The exhibition aboard SECCS knees. aims to create awareness about various issues & These discoveries show that there is still a huge amount challenges associated with Climate Change and how it to learn about the species that share our world. WWF said can be combated through mitigation and adaptation. the discovery of 211 new species from one of the most

biologically rich regions of the world is a celebration of Of the 16 coaches of SECCS, exhibition in 8 coaches will the amazing gift of nature. With discovery, comes the be exclusively devoted to information, case studies and important responsibility to continue protecting and caring material related to various aspect of Climate change, the for these precious gift that this world has been blessed underlying science, impacts, adaptation activities, with. mitigation solutions and policy approaches in a manner that is easy to understand and interesting for not just WWF is supporting countries in the region to develop school students but also the masses.At each halt of “green” economies that value nature and the services it SECCS, activities are planned in advance to engage provides to millions of people living in the fragile Eastern visitors across different age groups to reinforce various Himalayas.

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Group Discussion It is unfair to blame telecom companies for call drops With nearly a billion mobile phone subscribers, India is among the world’s largest telecom markets. But statistics are merely a marker of the size of the market; they don’t say much about the qualitative aspects. Today, call drops have become a routine affair. Bad service quality and consumer dissatisfaction have finally pushed TRAI, to make it mandatory for telecom operators to compensate consumers Rs. 1 for call drops with effect from January 1.

FOR Compensation for call drops opens the system to being gamed by unscrupulous subscribers. What stops people Telecom operators have rightly blamed civic authorities from claiming that a disconnected call was a dropped for holding back the required expansion of infrastructure. call? Or, a subscriber with two phones from calling from

one number to the other and disconnecting after a few The nub of the problem is inadequate spectrum — a telco seconds? You may think that the money (up to Rs 3 a in India has 12 MHz of spectrum compared to the global day) is too small for a subscriber to indulge in such average of 40 MHz, which means they get less spectral unsavoury behaviour. But that’s not a correct assessment. efficiency and need more towers. Even though the Centre Through the penalty, a subscriber can earn up to Rs 93 a recently approved a spectrum-sharing policy, the rules are month, which is almost three quarters of the industry’s too constrictive to bring change. The lion’s share of ARPU (average revenue per user) of Rs 125-130 a month. spectrum is hogged by defence and government agencies. It is quite possible that the operators might try to recover

the penalty from subscribers through higher tariffs. If the government really wanted to ease the situation,

which would have solved the problems of dropped calls AGAINST and slow data transfer, it should have made more spectrum available. The problem has been that when it TRAI’s benchmark for call drops is this: In 100 calls, up comes to auctioning spectrum, the government has not to two can drop. Globally, operators meet these standards been guided by the need to decongest networks, but but here the picture is very different. India’s dropped call instead by revenue possibilities. For instance, the armed ratio is 12% against the 3% registered in mature markets. forces had vacated 15 MHz of spectrum, yet the government auctioned only 5 MHz in February. If the TRAI’s decision to compensate mobile users for call entire lot had been auctioned then, congestion would have drops sends a powerful signal to telecom operators to eased to a large extent - but it would have brought down improve their quality of service. Despite rising customer the government’s revenue. complaints, and repeated requests by the Centre to improve the quality of service, mobile operators had so Apart from inadequate spectrum, the other factor that has far done little. worsened the quality of telecom services is the inability of service operators to put up towers. Thanks to fears of Though all telecom companies claim to be highly harmful radiation - which have been disputed by most customer focused, the reality is quite different. The scientists and by public health authorities such as the number of complaints received by TRAI has gone up over American Cancer Society - some people are reluctant to the years exponentially. In fact, service providers have let towers come up in their neighbourhood. As a result, taken concrete action only when the regulator has cracked service operators find it very difficult to install towers. down. Take the issue of unsolicited telemarketing calls and text messages, for instance. Similarly, it was a tough There have also been protests against the installation of talking regulator that put an end to the perverted practice telecom towers in residential areas as many feel that they of charging consumers for value added services like caller emit harmful rays which could be damaging to the health. ring back tones even when the user had not subscribed for Telecom companies allege that municipal bodies and it. The compensation of Rs. 1 for every call drop should resident welfare associations are not only forcing them to prompt operators to improve their quality of service. dismantle existing towers but are also refusing permission Operators can also do much more in terms of investing in to install new ones. Civic authorities have forced about technologies that ensure good quality of service. Until this 10,000 towers to shut down across major cities. The lack simple realisation dawns on operators, TRAI should of a uniform national policy on the setting up of these ensure that consumers get the quality of service that they towers is a major problem. deserve.

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Crossword:(Solution on page No: 36)

ACROSS

1. Author ____ C. Chaudhuri (5) 4. Blood disorder (7) 8. Small barrel containing gunpowder, perhaps (3) 10. Unducted fan (3) 11. Maulana Abul _ Azad (5) 12. Lower and greater part of large intestine (5) 13. Loots, raids or plunders (7) 15. Rot or putrefy (5) 16. Mr. Bachchan of KBC and Bollywood (7) 17. A short form of ‘Helen’ (4) 20. Eye part (4) 23. Injury caused by playing with fire? (4) 24. Dream Girl Hema ____ (6) 26. Autocrat, authoritarian or fascist ruler (8) 27. Situation lacking definition (4, 4) 28. Central Indian state _ Pradesh (6) 31. Disturb or irk (4) 32. Musical instrument found in one’s ear as well? (4) 34. Khaled’s song or local sister? (4) 35. Exterior, superficial or farther than? (7)

ACROSS ACROSS 36. _ Newton: famous British scientist? (5) 43. Former Portuguese territory in India (3) 38. Passage taken from a book (7) 44. East Anglican city (3) 41. Amrita or Malaika of Bollywood (5) 45. Psychological complex (7) 42. Mr. Dravid of Indian cricket (5) 46.City in Maharashtra (5)

DOWN DOWN 19. Pass oneself off as (11) 1. Having nothing on (5) 21. Ms Balan of ‘Kahaani’fame (5) 2. Check of attendance (4, 4) 22. “J” in J & K? (5) 3. It has to be carried before a new procedure can be said to be 23. Make so _as to: presume or venture to? (4) established? (5, 3) 25. Concerning, in legal terms — “rein” anagram? (2, 2) 4. At a great distance away (4) 27. Greed, overindulgence or rapacity (8) 5. Person of one of the races of Japan (4) 29. Vijay, Anand or Ashok of Indian tennis (8) 6. Prayer-book (6) 30. ____ Pradesh: North Indian state (8) 7. Near the North Pole (6) 33. Gilbert and Sullivan’s emperor (6) 8. City in Maharashtra famous for sugar (8) 34. Considered (6) 9. Capital of Gujarat (11) 37. “Alice” anagram for a girl’s name? (5) 14. C.N. _: founder of DMK? (9) 39. A _of the old block: like father, like son? (4) 18.Island now known as Lakshadweep (9) 40. Floor coverings (4)

NETROOTS: A grassroots movement that uses the PRESENTISM: The application of current ideals, Internet to communicate, organise and raise money morals and standards to historical figures and events

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Do you remember? (All questions based on content of previous issue; Answers on page No: 31)

1. Who are the winners of 2015 Nobel Prize in Physics? 22. Which spiritual leader contributed Rs.100 crore for the 2. The 2015 Nobel Prize in Physics was given for the Swachh Bharat and Namami Gange projects in discovery of ____ oscillations that shows that ____ September? have mass. 23. Who is the Prime Minister of Cambodia and which is 3. Who are the winners of 2015 Nobel Prize in its capital? Chemistry? 24. Which is the capital of Lao People’s Democratic 4. The 2015 Nobel Prize in Chemistry has been awarded Republic? for the mechanistic studies of _____ repair. 25. The inaugural Bilateral Maritime Exercise between 5. Who are the winners of 2015 Nobel Prize in 2015 India and Australia called _____ was conducted off the Nobel Prize in Physiology or Medicine? East Coast of India at Visakhapatnam in September. 6. The 2015 Nobel Prize in Physiology or Medicine was 26. What is Germany’s Public Service Broadcaster called? given for discoveries concerning a novel therapy 27. Who is the CEO of Prasar Bharati? against which infection (leprosy/TB/Malaria/Swine 28. Who is the President of Belarus and which is its Flu)? capital? 7. Who won the 2015 Nobel Prize in Literature? 29. The Indian Navy and Britain’s Royal Navy conducted 8. The Nobel Peace Prize 2015 was given to National _____ series of exercises in UK in September Dialogue Quartet for strengthening democracy in (Malabar/Liverpool/Konkan/Newcastle). which African country? 30. Where in Karnataka was INS ‘Vajrakosh’ 9. Winner of which of the six Nobel Prizes is selected by commissioned by the Defence Minister Manohar the Royal Swedish Academy of Sciences? Parrikar in September? 10. Winner of which of the six Nobel Prizes is selected by 31. Which state announced the Mukhyamantri Yuva the Karolinska Institutet? Swavlamban Yojana for meritorious students of the 11. Winner of which of the six Nobel Prizes is selected by non-reserved categories in September? the Norwegian Nobel Committee? 32. Which two rivers were formally interlinked at the 12. The Rurban Mission to deliver “integrated project Ibrahimpatnam Ferry village in AP in September? based infrastructure in the rural areas” is named after 33. Who was appointed as the new Mumbai Police which leader? Commissioner in September? 13. Which state won the award for ‘Comprehensive 34. Mulyani Indrawati is the Managing Director of which Tourism Development’ at the National Tourism international organisation? Awards 2013-14? 35. Where was the Tenth World Hindi Conference 14. The award for ‘Tourist Friendly Railway Station’ at organised in September and which island nation will the National Tourism Awards 2013-14 was won by: host the eleventh edition in 2018? 15. The award for ‘Best Heritage City’ at the National 36. Which scheme was launched by the Prime Minister Tourism Awards 2013-14 was won by: during his visit to Varanasi in September to ensure 24- 16. The award for ‘Rural Tourism Project’ at the National hour power supply to every house? Tourism Awards 2013-14 was won by: 37. Which city in Bihar hosted the three-day International 17. Who won the ‘Best Performing State’ award at the Buddhist conclave in September? Saakshar Bharat Awards 2015 given on International 38. Which neighbouring country’s Constituent Assembly Literacy Day? adopted a new Constitution in September? 18. Who won the ‘Best Performing District’ award at the 39. Who is the President of the 70th annual Session of the Saakshar Bharat Awards 2015? UN General Assembly that started on September 15? 19. P.V. Chandran was elected President of the Indian 40. Which European country selected a new national Newspaper Society (INS) in September. He is anthem whose English translation is ‘Hoisted up there associated with which newspaper group? in the wind, our red and white flag’ in September? 20. Hormusji N. Cama was elected Chairman of the Press 41. Which party retained power in Singapore after scoring Trust of India in September. He is associated with a landslide victory in general elections in September? which newspaper group? 42. Who is the author of ‘Start Small Finish Big: Fifteen 21. Who has resigned as the Director of New Delhi-based Key Lessons to Start — and Run — Your Own Nehru Memorial Museum and Library (NMML)? Successful Business’? www.endeavorcareers.com October 2015-Issue-II THE GENESIS

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43. Mario Vargas Llosa and Gabriel Garcia Marquez 54. The 2015 Davis Cup final will be played between became famous for their ______which two countries in November? (Paintings/Inventions/Novels/Music). 55. Which Indian player lost in the final of BWF World 44. Which movie bagged the coveted Golden Lion award Superseries Korea Open Badminton to Chen Long of for the Best Film at the 72nd Venice Film Festival in China in September? September? 56. Minoru Yoneyama is the founder of which sports 45. Which Cup is given to the winners of Best Actor and goods company? Best Actress awards at the Venice Film Festival? 57. Which country was ranked 1stin latest FIFA rankings 46. Which neighbouring country’s Prime Minister was in September. given ‘Champions of the Earth’ award by UNEPin 58. Indian sports administrator Randhir Singh retired as New York in September? the Secretary General of which international sports 47. Which author, known for best-selling novels such as organisation after occupying the post for 24 years? ‘Hollywood Wives’ and ‘The Stud’, died Los Angeles 59. Which South African city was announced as host of on September 19 at the age of 77? the 2022 Commonwealth Games in September? 48. Who is the new Prime Minister of Australia and which 60. Which Australian city will host the 2018 is the party in power there? Commonwealth Games? 49. Which former ICC World Cup winner will not feature 61. Who won the Sinquefield Cup Chess tournament in St. in the 8-team 2017 ICC Champions Trophy in 2017? Louis (USA) in September? 50. Who is the new President of Cricket Association of 62. Who won the 24th All India Baba Farid Gold Cup Bengal (CAB)? hockey title at Faridkot in September? 51. Who was elected as the new President of Board of 63. Who won F1 Singapore Grand Prix on Sept2008? Control for Cricket in India (BCCI) in October? 64. Who won the IBSF World Billiards Championship in 52. Prashanta Sinha passed away on September 22 at the Adelaide (Australia) in September? age of 77. He was a member of India’s gold medal 65. Who was the co-founder of Subway with Fred winning team at the Asian Games in which sport? DeLuca? 53. Who defeated hosts India 3-1 in the Davis Cup World 66. Which Indian satellite was launched by ISRO’s PSLV- Group Play-off tie in New Delhi in September? C30 on September 28?

Do you remember? Answers

1. Takaaki Kajita and Arthur B. 22. Mata Amritanandmayi 45. Volpi Cup McDonald 23. Hun Sen, Phnom Penh 46. Bangladesh Prime Minister 2. Neutrino, neutrinos 24. Vientiane Sheikh Hasina 3. Tomas Lindahl, Paul Modrich 25. AUSINDEX-15 47. Jackie Collins and Aziz Sancar 26. Deutsche Welle (DW) 48. Malcolm Turnbull, Liberal Party 4. DNA 27. Jawhar Sircar 49. West Indies 5. William C. Campbell, Satoshi 28. Alexander Lukashenko, Minsk 50. Saurav Ganguly Ōmura and Youyou Tu 29. Konkan 51. Shashank Manohar 6. Malaria 30. Karwar 52. Football 7. Svetlana Alexievich of Belarus 31. Gujarat 53. Czech Republic 8. Tunisia 32. Godavari and Krishna 54. Belgium and Britain 9. Physics, Chemistry, Economics 33. Ahmed Javed 55. Ajay Jayaram 10. Physiology/Medicine 34. World Bank 56. Yonex 11. Peace 35. Bhopal, Mauritius 57. Argentina followed by Belgium, 12. Shyama Prasad Mookerjee 36. Integrated Power Development India 155th 13. Gujarat Scheme 58. Olympic Council of Asia 14. Station Habibganj, (MP) 37. Bodh Gaya 59. Durban 15. Gwalior (MP) 38. Nepal 60. Gold Coast 16. Rann Utsav, Gujarat 39. Mogens Lykketoft 61. Levon Aronian of Armenia 17. Tamil Nadu 40. Switzerland 62. Indian Air Force (IAF) 18. Bastar (Chhattisgarh) 41. People’s Action Party (PAP) 63. Ferrari’s Sebastian Vettel 19. Mathrubhumi 42. Fred DeLuca 64. Pankaj Advani 20. Bombay Samachar 43. Novels 65. Peter Buck 21. Prof Mahesh Rangarajan 44. “From Afar” 66. Astrosat

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Corporate Knowledge Quiz (All questions based on content in this issue& previous issue) (Answers Key on Page No: 36)

1. Which of the following pairs of companies and the b) Drew Houston families that own them is not matched correctly? c) Alan Mamedi a) Dabur India – Roy d) Reid Hoffman b) Cadila Healthcare – Patel c) Eicher Group – Lal 8. Which kids channel has introduced its third Indian d) Shree Cement – Bangur character Shiva after Motu Patlu and Pakdam Pakdai? a) Pogo 2. Who among the following is the author of ‘Breakout b) Cartoon Network Nations: In Pursuit Of The Next Economic Miracles’? c) Nickelodeon a) Raghuram Rajan d) Hungama b) Ruchir Sharma c) Jagdish Bhagwati 9. Who among the following is the co-founder of d) Kaushik Basu Truecaller app? a) Jack Dorsey 3. Which private sector bank has launched a nationwide b) Drew Houston campaign ‘Har Zaroorat Poori Ho Chutki Mein, Bank c) Alan Mamedi Aapki Mutthi Mein’ to position itself as a premier digital d) Reid Hoffman bank? a) Axis Bank 10. Which Indian gadgets company has launched a new b) ICICI Bank 4G tablet named Ace Strike with 2GB RAM at a price of c) HDFC Bank Rs.6999? d) Kotak Mahindra Bank a) Lava b) Spice 4. Which apparel brand is launching watches under Time c) Karbonn brand? d) Swipe a) Arrow b) Raymond 11. Who among the following celebrities was named as c) John Players its Cultural Ambassador by Indian Ocean island nation d) Louis Philippe Seychelles? a) Aditya Chopra 5. Which domestic mobile handset company has forayed b) Karan Johar into the notebook segment with the launch of ‘Lapbook’ c) A. R. Rahman for Rs 13,999? d) Shah Rukh Khan a) Micromax b) Karbonn 12. Which of the following has launched augmented c) Spice reality goggles HoloLens? d) Intex a) Microsoft b) Apple 6. Which private sector bank has launched ‘mVisa’ c) Google mobile payment service? d) IBM a) Axis Bank b) ICICI Bank 13. Which of the following has launched Goldilocks, a c) HDFC Bank product designed and developed in-house by the security d) Kotak Mahindra Bank solutions company? a) Larsen and Toubro 7. Who among the following has become permanent CEO b) Godrej Security Solutions of Twitter and online payment services firm Square? c) Bharat Forge a) Jack Dorsey d) Tata Advanced Systems www.endeavorcareers.com October 2015-Issue-II THE GENESIS

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14. Which travel & tourism portal has launched a new a) Balmer Lawrie vertical titled Activities that is a set of 3,500 handpicked b) Burns & Co collection of experiences and things to do in 35 cities c) Andrew Yule & Co across the country? d) Hindustan Dorr Oliver a) Yatra.com b) MakeMyTrip.com 22. Which of the following has launched its Ecopia range c) Goibibo.com of tyres in India in October? d) Cleartrip.com a) Pirelli b) Michelin 15. Which Tata group company has launched the c) Continental campaign ‘Goodness Ki Shuruaat’? d) Bridgestone a) Trent b) Tata Chemicals 23. Which social networking portal has released a new c) Tata Global Beverages tool ‘Signal’to help journalists find, organise and publish d) Indian Hotels Company content found on its network in October? a) Twitter 16. Who among the following resigned as the CEO of b) Instagram BPO company iGate in October? c) Google+ a) Phaneesh Murthy d) Facebook b) Ashok Vemuri c) Pramod Bhasin 24. As many as five Indians have featured in this year’s d) Ashok Soota Fortune 40 under 40 list, an annual ranking of the most influential young people in the world of business. Mark 17. Gajanan Pendharkar, who passed away recently, was the wrong pair of persons and their organisations? the promoter of which Ayurveda products company? a) Dhivya Surayadevera – Girls Who Code a) Himalaya Herbs b) Vas Narasimhan – Novartis b) Vicco c) Anand Swaminathan – Accenture c) Zandu d) Apoorva Mehta – Instacart d) Baidyanath 25. Who has launched a new class of vehicles called 18. Urbano is the limited edition version of which of its Quadricycles under the brand ‘Qute’ and has started models launched by Maruti Suzuki India in October? exports even though it is yet to receive government a) Alto approval for sales in India? b) Ciaz a) Mahindra & Mahindra c) Swift b) Tata Motors d) Wagon R c) Bajaj Auto d) Lohia Auto Industries 19. Tresca is a premium fabric brand launched by: a) S. Kumars 26. Who launched its electric rickshaw Humrahi and b) Siyaram diesel three-wheeler Humsafar in Southern markets in c) Mafatlal October? d) Arvind a) Mahindra & Mahindra b) Tata Motors 20. Which of the following has launched ‘Crafted for Car c) Bajaj Auto Lovers’ brand campaign in India? d) Lohia Auto Industries a) Fiat–Chrysler b) Volkswagen 27. Which of the following cashless payment services has c) General Motors signed Sachin Tendulkar as its brand ambassadors in d) Ford Motor Company September? a) Paytm 21. Which of the following public sector companies b) BillDesk opened its first tea lounge in India? c) PaySmart www.endeavorcareers.com October 2015-Issue-II THE GENESIS

Endeavor Careers – Dream … Endeavor… Achieve 34 d) Oxigen 34. What is the Rs 30 lakh sports car launched by automobile designer Dilip Chhabria in September named? 28. Which of the following has launched Gear VR a) Avanti wearables device that changes 2D content to 3D in b) Chetak collaboration with American virtual reality technology c) Apsara company Oculus in September? d) Pushpak a) LG b) Samsung 35. Which power company appointed K M Singh as its c) Lenovo new Chairman & Managing Director in September? d) Apple a) Tata Power b) NTPC 29. Facebook has rebranded its free internet sharing c) Adani Power platform Internet.org to ______. d) NHPC a) Free Web b) Free Surf 36. Which of the following has rebranded itself and c) Free Book changed its tagline to ‘Ab life full paisa vasool’ in d) Free Basics September? a) MTS 30. Consider the following pairs of companies and their b) Idea business groups. c) Uninor 1. Idea Cellular – Aditya Birla Group d) Aircel 2. Rallis India – Tata Group 3. Ballarpur Industries Ltd – ITC Ltd. 37. Mission Sunehra Kal is the Corporate Social Which of the above pairs is/are correctly matched? Responsibility (CSR) initiative to strengthen rural a) 1 only livelihoods run by which corporate? b) 1 and 2 only a) Mahindra & Mahindra c) 3 and 1 only b) ITC d) 1, 2 & 3 c) ONGC d) L&T 31. Which matchmaking portal has launched the ‘My Conditions Apply’ campaign that draws attention to the 38. Co-promoter of which of the following financial ‘adjustments’ that youngsters don’t wish to make when services groups has decided to step down from his getting married? corporate positions and join spiritual organisation Radha a) Shaadi.com Soami Satsang Beas? b) Jeevansathi.com a) Muthoot c) BhartMatrimony.com b) Religare d) Vivah.com c) Edelweiss d) Indiabulls 32. Gadgets Guru awards is in initiative of which media group? 39. Which of the following has launched the Robin Hood a) Zee Index that shows how the net worth of the country’s b) NDTV wealthiest person compares with the livelihood of his c) Bloomberg fellow countrymen? d) India Today a) Bloomberg b) Economic Times 33. Which Indian company has launched a range of c) Dow Jones professional salon facial products under the Oxlife brand d) CNBC for men and women in September? a) Marico 40. Which of the following has announced joint venture b) Emami with Scotland-based premium fabric maker Holland and c) Dabur Sherry? d) Ozone Ayurvedics a) Reliance Industries www.endeavorcareers.com October 2015-Issue-II THE GENESIS

Endeavor Careers – Dream … Endeavor… Achieve 35 b) Arvind Mills b) Maybelline c) Raymond c) Revlon d) Digjam d) Matrix

41. Which of the following pairs of women corporates 46. Which travel & tourism portal was founded by Ashish and their organisations is not matched correctly? Kashyap who is also its CEO? a) Vinita Singhania – JK Lakshmi Cement a) Yatra.com b) Chitra Ramkrishna – Bombay Stock Exchange b) MakeMyTrip.com c) Shikha Sharma – Axis Bank c) Goibibo.com d) Mallika Srinivasan – TAFE (Tractors and Farm d) Cleartrip.com Equipment Limited) 47.Which Indian online and mobile classifieds portal was 42. Which Indian two-wheeler company has claimed to founded by Pranay Chulet? deliver mileage of 95 km/litre for its new motorcycles a) Quikr because of its DuraLife engine? b) OLX a) Mahindra2Wheelers c) Justdial b) TVS Motor d) Sulekha c) Hero MotoCorp d) Bajaj Auto 48. Which government-owned bank appointed P S Jayakumar as its new MD and CEO for three years from 43. Which Indian IT company has bagged the contract to October? develop and operate the technology platform for the a) State Bank of India proposed goods and services tax (GST) for the b) Bank of Baroda government? c) Bank of India a) Wipro d) Punjab National Bank b) TCS c) Infosys 49. Who was signed as brand ambassador by LIVA d) Tech Mahindra textile brand of the Aditya Birla Group? a) Jacqueline Fernandez 44. Which of the following has launched La Femme, a b) Rani Mukherjee boutique hospital for women offering a holistic range of c) Kangana Ranaut medical services in Bengaluru? d) Priyanka Chopra a) Apollo Hospitals b) Fortis Healthcare 50. Which of the following entered into an eight-year c) Max Healthcare sponsorship deal with the International Cricket Council d) Wockhardt Hospitals replacing Korean carmaker Hyundai Motor in October? a) Ferrari 45. Athiya Shetty and Alia Bhatt are brand ambassadors b) Mazda of which cosmetics brand? c) Honda a) Garnier d) Nissan

Point-Counterpoint

“Returning of these awards is not right. “Writers don’t have any other way to These writers say that the Sahitya Akademi register their protest. We have never is not doing anything, but the witnessed this kind of religious intolerance. circumstances we are working in must be At least, we were fearless in expressing understood.” ourselves.”

– Gangadhar Hansdah, Member,

Sahitya Akademi Board –Gulzar, noted lyricist & Dadasaheb

Phalke awardee

www.endeavorcareers.com October 2015-Issue-II THE GENESIS

Endeavor Careers – Dream … Endeavor… Achieve 36

Answer Key

1. a 2. b 3. c 4. d 5. a 6. b 7. a 8. c 9. c 10. d

11. c 12. a 13. b 14. d 15. b 16. b 17. b 18. a 19. d 20. a

21. c 22. d 23. d 24. a 25. c 26. d 27. d 28. b 29. d 30. b

31. a 32. b 33. c 34. a 35. d 36. c 37. b 38. b 39. a 40. d

41. b 42. b 43. c 44. b 45. b 46. c 47. a 48. b 49. c 50. d

Sudoku(Solution below)

I II

Solutions

CROSSWORD SUDOKU I

SUDOKU II