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The Genesis
October 2015-Issue-II
Current Affairs
ABriefHistoryofSevenKillingswins2015ManBookerPrize

India,States

6,11

World

12

Sports

15

Economy

17

Corporate

21

CyberBuzz

26

Science&Technology

27

People
Faces:AngusDeaton

14

BusinessBiography:RalphLauren

20

Man Booker: 3
The
winning
novel
was
inspired by the attempted
assassination of Bob Marley in
1976,
when
the
reggae
legend was shot and injured a
few days before a peace
concert amid fierce political
violence in Jamaica

Knowledge Corners
Books

GD:Unfairtoblametelecomcompaniesforcalldrops

28

Crossword

29

Sudoku

36

Doyouremember?

30

CorporateKnowledgeQuiz

29

PointCounterpoint

35

Business Biography: 20
Ralph
Lauren,
the
quintessential
American
designer who built a fashion
empire based on sweeping
fantasies
of
country-club
prep and the Wild West, is
stepping down from his post
as CEO of his eponymous
company

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Gandhi Nagar: 302, Swagat Rain Forest - I, Block A, Near. City Pulse, Gandhinagar 382007:079 - 23600050/32449313
Surat: UL/45-48, Pooja Abhishek, Opp S.P.B. College, Athwa Lines:0261 - 313 4418/3992675
Bhopal: RMJ Educational Services, 174, Modi Complex, M P Nagar Zone II, Bhopal 462011; :0755 - 4009501
Jaipur: 302, Ganga Heights, Opp. Apex Mall, Lal Kothi, Tonk Road, Jaipur:01414044315
Kanpur: 117/H-1/368, Ist Floor, Above SBI Bank, Pandu Nagar, Near Neer Ksheer Chouraha, Kakadeo, Kanpur 208025; :8808017100, 8808011100
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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

Its a visceral and uncompromising novel that sheds a stark light on a profoundly disturbing chapter of
Jamaicas history, but its 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.

A Brief History of Seven Killingsby Marlon James was


on October 13 named as the winner of the 2015 Man
Booker Prize for Fiction.The 44-year-old, now resident in
Minneapolis, is the first Jamaican author to win the prize
in its 47-year history.
The book published by Oneworld Publications is a 686page epic with over 75 characters and voices. Set in
Kingston, where James was born, the book is a fictional
history of the attempted murder of Bob Marley in 1976.
The 2015 Shortlist comprised Marlon James (Jamaica) for
A Brief History of Seven Killings; Tom McCarthy (UK)
for Satin Island; Chigozie Obioma (Nigeria) for The
Fishermen; Sunjeev Sahota (UK) for The Year of the
Runaways; Anne Tyler (US) for A Spool of Blue Thread
and Hanya Yanagihara (US) by A Little Life.

Aboutthebook
The winning novel was inspired by the attempted
assassination of Bob Marley in 1976, when the reggae
legend was shot and injured a few days before a peace
concert amid fierce political violence in Jamaica.
Marley was well enough to go ahead with the concert but the attack, which also wounded his wife and some
friends, led Marley to leave Jamaica and declare the
country was a rotten egg that had broken, and couldnt
be put back together again.
He later said the assassination attempt may have been
the best thing that ever happened to me, explaining: It
forced me to leave Jamaica and for the first time in my
life I feel free.
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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
jokes, was based on those Concise Oxford Dictionaries which are always four inches thick.

Whatthereviewerssay
Seven Killings resembles James Ellroys LA Quartet in
its blistering violence, multiple voices and its
determination to redo history from the gutter to the star,
to borrow a phrase used by Ellroy. The Telegraph
A Brief History is sometimes more impressive than it is
easily enjoyable - a difficult book with a stop-start
structure that doesnt quite sweep you up in the way the
single narrative voices of the previous novels did. The
Guardian
This is a book the energy, intelligence and intellectual
range of which demands and rewards attention... It
showcases the extraordinary capabilities of a writer whose
importance can scarcely be questioned, even if his mode
of address will exclude some. The Independent
Epic, immersive, acutely observed and deeply moving,
its worth every long hour it demands of the reader.
Huffington Post
Though brilliant as a literary accomplishment, Jamess
work is frequently hard going in reading terms, given the
outsized stew of players and motives and the hyped-up
prose that conveys it all... But, in giving us the fullest
sense of this world, it proves to be a risk worth running.
New Statesman
Its like a Tarantino remake of The Harder They
Come, but with a soundtrack by Bob Marley and a script

October 2015-Issue-II

THE GENESIS

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by Oliver Stone and William Faulkner...epic in every
sense of that word: sweeping, mythic, over-the-top,
colossal and dizzyingly complex. New York Times
It is a crime novel that moves beyond the world of crime
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
seen as a classic of our times. Award jury

Abouttheauthor
Born in 1970 in Kingston, Jamaica, James is the son of a
police detective. Now 44, he teaches creative writing in
Minnesota in the United States.

Review: It provokes and beguiles and, at the point of


revelation, it withholds. On finishing it, you will have the
powerful urge to throw it across the room, then the
powerful urge to pick it up to read again. The
Telegraph

The Fishermen: Chigozie Obioma


Four young brothers in a small Nigerian town take
advantage of their fathers absence to go fishing at a
forbidden river. But there they encounter a madman, who
makes a prophecy that the eldest will be killed by one of
his brothers.
The Fishermen is Chigozie
Obiomas first novel. Born in
1986 in Akure, Nigeria,
Obioma has written short
stories. He has lived in
Nigeria, Cyprus and Turkey,
and now in the US.

His first novel was rejected by 78 publishers and agents.


He initially gave up on writing and deleted and destroyed
all copies of the manuscript - before eventually searching
for it and finding it in an email outbox.
His debut published novel was John Crows Devil. His
second, The Book of Night Women, won the 2010
Dayton Literary Peace Prize and was a finalist for the
2010 National Book Critics Circle Award.
He is now researching and writing a novel set in the 11th
Century. Im a big student of the Dark Ages, he says.
Not just in Europe, but in all the other countries where it
definitely was not dark. So Im going to spend some
quality time in that period for a little bit.

Othercontenders
Satin Island: Tom McCarthy
Set in contemporary London, Satin Island tells the story
of U - a corporate anthropologist working for an elite
consultancy who embarks on a
data-gathering project to help
decode and manipulate the world
around them.

The judges said: Obiomas


The
Fishermen
is
the
captivating tale of the tragic
unravelling of a family in
modern day Nigeria. He imbues the story with a
compelling sense of deep-rooted and unstoppable
inevitability, writing with striking maturity for a young
first-time writer.
Review: The Fishermen is an elegy to lost promise, to a
golden age squandered, and yet it remains hopeful about
the redemptive possibilities of a new generation - what I
like to call the post-nationalist generation, described as
egrets in the book: harbingers of a bright future. The
Guardian

The Year of the Runaways: Sunjeev Sahota


A group of immigrant Indian
labourers share a dilapidated house in
Sheffield in search of a new life.

McCarthy was born in 1969 and


grew up in London. His books
include Remainder (2006), Men in
Space (2007), and C (2010) which was shortlisted for the Man
Booker Prize.
The judges said: Satin Island offers an elegant, desperate
and funny account of what might well be the world of
tomorrow if it werent already the world of today.

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Sahota was one of is a Grantas Best


of British Novelist 2013. Born in
1981 in UK, his debut novel was Ours
are the Streets, published in 2011.
The judges said: As much sorrow
and damage as there is in these lives, no-one here is
asking for pity. These characters are genuine seekers on

October 2015-Issue-II

THE GENESIS

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the lookout for second chances in a world which seems at
times to offer not even one chance.
Review: This novel captures the growing realisation for
new arrivals in Britain that life here can be just as hard - if
not harder - than the one they left behind. The
Independent

A Spool of Blue Thread: Anne Tyler


A saga that unfolds through three generations of middleclass Baltimore family the Whitshanks.
This is Tylers 20th novel. Born in
Minneapolis, Minnesota, in 1941, her
first book, If Morning Ever Comes,
was published in 1964. She won the
Pulitzer prize for Breathing Lessons
(1988). Her novel The Accidental
Tourist (1985) was adapted into a
film starring William Hurt, Kathleen
Turner, and Geena Davis. A Spool of
Blue Thread was also nominated for
this years Baileys Womens Prize for Fiction.
The judges said: She demonstrates once again her
supreme powers of observation, and the stylistic brilliance
that have marked her work through 50 extraordinary
years.
Rview: Tyler never mocks her characters. Even when
shes having fun with their weird peculiarities and
transparent short-sightedness, shes usually a benevolent
goddess. And yet its her surprising brutality that kills off
any germs of sentimentality in her work. Washington
Post

A Little Life: Hanya Yanagihara


The story of four college friends who
have moved to New York seeking
fame and fortune. At the centre of the
tale is the enigmatic Jude, an orphan
with a painful past.
Born in Los Angeles in 1975,
Yanagihara is the author of The
People in the Trees, which was
shortlisted for the PEN/Robert W
Bingham Prize for debut fiction. She is an editorat Conde
Nast Traveller and lives in USA.

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The judges said: A Little Life is a work of lasting


emotional impact, often larger than life itself, as
[Yanagihara] delicately balances the horrors of a
traumatic childhood with the story of selfless enduring
tenderness and devotion.
Review: Somehow, against all the odds, just like its
protagonist, this book survives everything its author
throws at it - and if it doesnt quite triumph, it has far
outplayed the odds. The Guardian

WhatBookerbrings
In addition to his 50,000 prize and trophy, James also
receives a designer bound edition of his book and a
further 2,500 for being shortlisted.
On winning the Man Booker Prize, an author can expect
international recognition, not to mention a dramatic
increase in book sales. Last years winning novel, The
Narrow Road to the Deep North by Richard Flanagan,
has sold 300,000 copies in the UK and almost 800,000
worldwide. Hardback sales of Flanagans book in the
week following his win eclipsed his combined BookScan
sales for the previous decade. Flanagan described the
experience as the most extraordinary honour you are
fully aware that you are no longer standing in the same
place you had been previously as a writer.
Other recent winners have included Hilary Mantel (2012
and 2009), whose Wolf Hall and Bring Up the Bodies
have been adapted into award-winning adaptations on
stage and screen, and Julian Barnes (2011), whose The
Sense of an Ending will soon be adapted for film. Other
winning novels that have gone on to have second or third
lives as stage and screen adaptations include Schindlers
Ark (directed by Steven Spielberg as Schindlers List),
The Remains of the Day and The English Patient.
This is the second year that the prize, first awarded in
1969, has been open to writers of any nationality, writing
originally in English and published in the UK. Previously,
the prize was open only to authors from the UK &
Commonwealth, Republic of Ireland and Zimbabwe.
First awarded in 1969, the Man Booker Prize is
recognised as the leading award for high quality literary
fiction written in English.Man Group has sponsored the
prize since 2002. Man Group is one of the worlds largest
independent alternative investment managers.

October 2015-Issue-II

THE GENESIS

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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
countrys 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.
Indias 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 Navys Directorate of Naval Design and was constructed by Mumbais 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 panels recommendations in June to double the pay and perks of lawmakers. The panel In June, a
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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 panels 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 facultystudent 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 years 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 countrys 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 Peacekeeping 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 Indias official entry to Oscars 2016: Chaitanya Tamhanes National award- winning Marathi film
Court, a poignant commentary on Indias judicial system, has been selected as the countrys 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 mans 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
Gowarikars 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 years 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 years awards
were announced by Institute for Competitiveness, which organised the Porter Prize 2015.
WinnersPorter 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 generation1. Gram Vikas Parisha, Vill. Rangaloo, Jumarmur; 2. Pravara Rural Hospital, Loni, Tahata. Best
District Panchayat in providing services and facilities to senior citizens1. Zilla panchayat Dindori, Dindori, MP 2.
Udupi Zilla Panchayath, Manipal, Karnataka. Centenarian1. Uday Singh Maan, Lowa Kalan, Jhajjar, Haryana. Iconic
Mother1. Laduben alias Leelaben Chaabildas Gurjar, Thakkar-Bapa Colony, Ahmedabad, Gujarat. Life Time
Achievement1. Yashwant Narayan Kadam, Vijaynagar Colony, Kolhapur, Maharashtra.

DRDO Lifetime Achievement award


The government conferred the Defence Research and Development Organisations (DRDOs) 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 Indias 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 Nadus
Kumbakonam (Ramanujans 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 countrys 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.

PERSONSINNEWS
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 Indias 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. Meghalayas 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 Indias 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 Indias 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 courts 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 governments 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 governments 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 worlds 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 worlds 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 worlds seven sea turtle species. It is also geologically significant, encompassing the worlds 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 Commissions 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 leftwing 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 Spains richest region away as a new nation in Europe won a combined 72 seats in the 135seat regional parliament in the polls.

Bolivian eliminates Presidential term limits: Bolivias 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
Americas 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 years 3-million-kronor (USD 358,500) Cash Award was shared by three activists
Canadas Sheila Watt-Cloutier, for her supports to Inuit causes; Ugandas 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.

PERSONSINNEWS
APPOINTMENTS: Hoesung Lee of South Korea has been elected as the new Chairman of UNs 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 Ethiopias 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 countrys 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. Hungarys 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
Academy of Sciences has
awarded The Sveriges
Riksbank
Prize
in
Economic Sciences in
Memory of Alfred Nobel
for 2015 to American
economist Angus Deaton.
To design economic policy that promotes welfare and
reduces poverty, we must first understand individual
consumption choices. More than anyone else, Angus
Deaton has enhanced this understanding. By linking
detailed individual choices and aggregate outcomes, his
research has helped transform the fields of
microeconomics, macroeconomics, and development
economics.
The work for which Deaton is now being honored
revolves around three central questions:
How do consumers distribute their spending among
different goods? Answering this question is not only
necessary for explaining and forecasting actual
consumption patterns, but also crucial in evaluating how
policy reforms, like changes in consumption taxes, affect
the welfare of different groups. In his early work around
1980, Deaton developed the Almost Ideal Demand
System a flexible, yet simple, way of estimating how
the demand for each good depends on the prices of all
goods and on individual incomes. His approach and its
later modifications are now standard tools, both in
academia and in practical policy evaluation.
How much of societys income is spent and how much is
saved? To explain capital formation and the magnitudes
of business cycles, it is necessary to understand the
interplay between income and consumption over time. In
a few papers around 1990, Deaton showed that the
prevailing consumption theory could not explain the
actual relationships if the starting point was aggregate
income and consumption. Instead, one should sum up
how individuals adapt their own consumption to their
individual income, which fluctuates in a very different
way to aggregate income. This research clearly
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demonstrated why the analysis of individual data is key to


untangling the patterns we see in aggregate data, an
approach that has since become widely adopted in
modern macroeconomics.
How do we best measure and analyze welfare and
poverty? In his more recent research, Deaton highlights
how reliable measures of individual household
consumption levels can be used to discern mechanisms
behind economic development. His research has
uncovered important pitfalls when comparing the extent
of poverty across time and place. It has also exemplified
how the clever use of household data may shed light on
such issues as the relationships between income and
calorie intake, and the extent of gender discrimination
within the family. Deatons focus on household surveys
has helped transform development economics from a
theoretical field based on aggregate data to an empirical
field based on detailed individual data.

LessonsforIndia
Angus Deaton, has had a long professional association
with India. And various lessons from his work are quite
relevant to Indian public policy today, for example the
lesson about measurement being the key to enforcing
accountability. Deaton was a pioneer in devising ways to
measure consumption, which led to a better understanding
of poverty and ways to fight it. India, unfortunately, falls
short when it comes to measurement.
Deatonhas been sceptical about the extraordinary claims
of new approaches to designing superior schemes to
combat poverty, particularly the use of randomised
controlled trials. A healthy dose of scepticism is a
necessary ingredient in policy making as it limits the
possibility of making a wrong choice. At the same time,
Deaton has been open to taking strong stands be it on the
efficacy of cash transfers or the possibility of long-term
harm to recipients of foreign aid. For an Indian audience,
the Nobel is a welcome development as his work has been
of particular relevance to our challenges.We spend over
Rs 3 trillion annually on subsidies and welfare measures
but make slow progress in poverty reduction, with almost
a third of the population still poor. Indias fight against
poverty can benefit a lot from Deatons 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 years
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: FIFAs 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. Haryanas 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 teams 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 mens (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 fivetime 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 Womens Singles final of the USD
650,000 Super Series Premier badminton event, in Odense on October 18. Mens Singles title was won by Chinas Chen
Long who beat Indonesias Tommy Sugiarto in the final 21-12, 21-12. Womens Doubles title was won by South Korean
pair of Jung Kyung Eun & Shun Seung Chan while South Koreas Yoo Yeon Seong and Lee Yong Dae won the Mens
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. Indias 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 Frances Jo-Wilfried Tsonga in the final of the Shanghai Masters hard-court tennis tournament in Shanghai on
October 18.

TABLE TENNIS: Chinas Fan Zhendong won the gold medal in Mens Singles at the Asian Table Tennis
Championships (ATTC) in Pattaya, Thailand in October. China also pocketed gold in mens team, womens team, mixed
doubles, mens doubles and womens singles. Kim Hye Song and Ri Mi Gyong from North Korea won the Womens
Doubles title. Chinas Fan Zhendong and Xu Xin claimed the Mens Doubles title. Chinas Zhu Yuling won the
Womens Singles title. India finished seventh in Mens team event.
ATHLETICS: Kenyas 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 womens
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 worlds highest altitude motorsports rally, by drivng his Polaris across the finish line first in
the Xtreme Four-Wheeler category at Srinagar on October 17. Bengalurus 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
Banks 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 Indias 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
ISROs 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
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ISROs 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. Indias 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


Indias 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. Indias 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
countrys 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 governments
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 governments welfare schemes.

India top FDI destination in H1 FY16Financial 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 2014s 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, Indias 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 Indias 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 UNs broadband penetration ranking


At a time when the Centre is pushing the Digital India campaign and talking about broadband for all, the countrys
Internet growth is lagging that of most other countries. According to the State of Broadband 2015 report by the United
Nations, Indias 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 worlds 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 worlds most competitive
economies, where Switzerland remains on top. The jump in Indias position underlines the countrys recent economic
recovery, improvement in the competitiveness of the countrys 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 films evocation of the lost, elegant era
of F. Scott Fitzgerald provided a perfect vehicle for
Laurens classic, sometimes nostalgic, vision.
Lauren once said of his style, Im interested in longevity,
timelessness, stylenot fashion. His work throughout
the following decades reflected this motto, as his
exploration of new ideasincluding Southwestern
themes and safari lookswas always grounded in his
central focus on classic American clothing.

Ralph Lauren, the quintessential American designer who


built a fashion empire based on sweeping fantasies of
country-club prep and the Wild West, is stepping down
from his post as chief executive of his eponymous
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
president of Old Navy, a Gap brand, will be taking over.
Ralph, who turns 76 in October, has decided to step down
as CEO, plans to stay on as chief designer for the label.
Larsson will take over as CEO of the Ralph Lauren
Corporation in November.
Ralph Lauren was born Ralph Lifshitz in the Bronx, New
York City, on October 14, 1939. His parents were Jewish
immigrants from Belarus. At the age of 16, Ralph and his
brother Jerry changed their last name to Lauren, having
been teased consistently at school. Another brother,
Lenny, retained the family name.In 1967, Lauren began
designing mens neckties, branding them under the name
Polo and selling them at large department stores,
including Bloomingdales. Lauren then expanded his
designs to a full menswear line.
In 1970, Lauren was awarded the Coty Award for his
menswear designs. Following this recognition, he
released a line of womens suits tailored in a classic
mens style. In 1972, Lauren released a short-sleeve
cotton shirt in 24 colors. This design, emblazoned with
the Polo logo, became the brands signature look.

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Lauren subsequently broadened his brand to include a


luxury clothing line called Ralph Lauren Purple, a homefurnishing collection called Ralph Lauren Home, and a
collection of fragrances. Polo currently produces clothing
for men, women and children. Lauren has also designed
Olympic uniforms for Team USA.
Laurens vision appealed to a wide spectrum of people,
and his label quickly turned into an empire. Seeing how
his clothing was associated with a certain lifestyle,
starting in 1983 he expanded his business to include a
range of home accessories that would eventually include
pillows, throws, bed and bath products, furniture, and
household paint. Lauren also diversified the appeal of his
label by creating lines of clothing and accessories targeted
at a wide range of price points and demographics,
including a jeans line and a childrens line. By the 1990s
the presence of both his shops and his brand name had
become global.
Polo expanded rapidly in the 1980s and 1990s, opening
boutiques across the United States and abroad. In 1984,
Lauren opened the flagship store in New Yorks
Rhinelander Mansion. The company went public on June
11, 1997, traded under the symbol RL.The success of
Polo has earned Lauren a personal fortune estimated at
$6.5 billion.
Lauren married receptionist Ricky Anne Low-Beer in
New York City in 1964. The Laurens are the parents of
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, Indias
richest man, were to be distributed among them. The index shows how the net worth of each countrys 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 countrys poor, each would get $45,987. Similarly, $33,149 of the wealth of Ingvar Kamprad,
Swedens 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 worlds
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 Indias 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 Indias 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 Indias Burmans, Cadila Healthcares Patels, Eicher Groups Lals, Shree
Cements Bangur family and Ciplas Hamieds. The overall list was topped by Lee family of Samsung Group, whose
2014 revenues were equivalent to 22 per cent of South Koreas GDP. While few dominate to such an extent, many
business dynasties hold wide regional sway with their sprawling, cross-border empires, Forbes said.
Fortunes 40 under 40 list: As many as five Indians have featured in this years 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 Fortunes 40 under 40 list for this year was topped by Adam Neuman, Co-founder and CEO, WeWork,
followed by Teslas 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
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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 carmakers 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 latters FMCG products through its stores.
Patanjalis range of FMCG products, including staples, nutrition, hair care, skin care, dental care and toiletries, will be
sold through Future Groups Big Bazaar, KBs 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 IISLs 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.

PERSONSINNEWS
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. Amuls 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 Twitters 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 Indias 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 companys 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 fourwheeler 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 Autos vehicles are
manufactured at a plant in Kashipur, Uttarakhand.

Avanti, Urbano, Ecopia: Car designer Dilip Chhabria launched Indias 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 Apples MacBook and Googles 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 womans 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. Quikrs latest vertical follows the
www.endeavorcareers.com

October 2015-Issue-II

THE GENESIS

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Endeavor Careers Dream Endeavor Achieve

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 worlds 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 worlds 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 EMCs leadership in digital storage with Dells 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: Worlds biggest beer makers agree to join forces: The worlds
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 Becks.
Aside from the Miller beers, SABMiller owns Peroni, Grolsch and Milwaukees Best among its 200 or so brands.
SABMillers two biggest shareholders, Marlboro owner Altria and Colombias 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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October 2015-Issue-II

THE GENESIS

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Cyber Buzz
France approves right to be forgotten:
Frances data protection watchdog has rejected an appeal
by Google against a decision ordering the Internet giant
to comply with
users requests to
have information
about
them
removed from all
search
results.
Since a European
Court of Justice
ruling in May
2014 recognising
the right to be forgotten on the net, Google users can
ask the search engine to remove results about them that
are no longer relevant. However, Google ran into trouble
in France over the fact that while it removes these
references from its results in searches made in Google.Fr
or other European extensions, it refuses to do so on
Google.Com and elsewhere. This strips away the
effectiveness of this law, and varies the rights granted to
persons according to the Internet user who consults the
search engine, rather than the person concerned, said the
data watchdog CNIL. In France the US giant was fined
150,000 euros in 2014 for failing to comply with CNIL
privacy guidelines for personal data.

technology in India. This ensures that all calls between


riders and driver-partners are connected using anonymous
phone numbers -- so both sides can communicate with
each other to coordinate a pick-up without revealing their
personal phone numbers, Uber said in October. Uber
has recently expanded its partnership with SafetiPin, a
map-based mobile safety app, to generate safety scores
for various locations across 50 cities globally, including
Bengaluru, Mumbai, Gurgaon and Noida in India.

Facebook allows videos as profile pictures:


Social networking giant Facebook has allowed users to
put up small videos as their profile pictures as part of a
set of new mobile-friendly updates. Facebook, which has
about 1.49 billion users globally, has started testing these
features to a small number of iPhone users in the UK and
California and will roll them out to more people soon.
Users will be able to film a short, looping video clip that
will play for anyone who visits their profile. Along with
the new profile features, Facebook has also made design
changes to mobile profile, aimed at improving the profile
layout and better present information about the user in a
more visually engaging way. The US-based firm has also
introduced easier control over what people see on the
users page with a customisable space at the top of their
profile.

Facebook launches Signal for journalists:

Truecaller India user base past 100 mn: Phone

Social networking giant Facebook has released a new tool


to help journalists find, organise and publish content
found on its extensive network. The tool called Signal,
helps journalists find, source, and embed content from
Facebook and Instagram. The tool will be free for
journalists. This launch comes soon after Facebook made
its Mentions app available to journalists with verified
profiles. That app, which lets users track mentions of
themselves and stream live video, was previously only for
public figures like athletes and actors. If Mentions is for
outward-facing content and self-promotion, Signal which is desktop-only for now - is designed to make the
backend of the news-gathering process easier. The group
of tools will give journalists a behind-the-scenes look at
what is trending on Facebook and find more on those
topics.

directory app Truecaller said in October that its user base


in India has crossed the 100 million mark, making it the
largest for the Scandinavian company. Globally, it has
150 million users. Its other major markets include the
Middle East, North Africa and the US. India has always
been one of the most important markets for Truecaller
and we are ecstatic at having achieved this milestone.
Through our consumer-centric strategy based on relevant
innovations, we aim to simplify our users lives each
day, Truecaller CEO and co-founder Alan Mamedi said.
Recently, it launched its first brand campaign with
popular Bollywood actor Nawazuddin Siddiqui.

Uber introduces number masking: After Ola,


taxi aggregator app Uber has now introduced the number
masking feature on its platform to ensure that mobile
numbers of its customers remain undisclosed to drivers.
We are deploying our disguised phone number
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Facebook rebrands Internet.org: Social


networking giant Facebook has rebranded its free internet
sharing platform Internet.org to Free Basics which would
help distinguish between the broader Internet.org
initiative, and the app and website that currently provide
access to Free Basic services. Currently, the Internet.org
website has been moved to Free Basics in India and the
site says that only Reliance SIM card holders can access
the site and its services.

October 2015-Issue-II

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Science & Technology


ScienceExpressflaggedoff
Science & Technology and Earth Sciences Minister Dr.
Harsh Vardhan flagged off Science Expressalong with the
Railway Minister Suresh Prabhakar Prabhu and the
Minister for Environment, Forests & Climate Change
Prakash Javadekar from Delhi on October 14.
The Science Express is an innovative science exhibition
mounted on a 16 coach AC train which has been custombuilt for Department of Science & Technology (DST) by
Railways. This unique mobile exposition was initially
launched in 2007 by DST, in collaboration with German
Government and Max Planck Society.
In 2011, Science Express was rolled out as Biodiversity
Special which showcased the myriad Biodiversity of
India and it traversed the length of breadth of India in 3
runs. So far more than 1.33 crore people, primarily
students & teachers, have visited it. It has thus become
the largest, longest running and most visited mobile
science exhibition.
Science Express is now being redesigned on the theme
Climate Change. From October 2015, it is planned to run
it as Science Express Climate Change Special (SECCS).
Climate Change is the most important environmental
issue, with short term as well as long term and large scale
impact. From shifting weather patterns that threaten food
production, to rising sea levels that increase the risk of
catastrophic flooding, the impacts of climate change are
not just global in scope and unprecedented in scale but
more severely affect poor & marginalized people.
However, there is very little understanding about Climate
Change and its impacts. The exhibition aboard SECCS
aims to create awareness about various issues &
challenges associated with Climate Change and how it
can be combated through mitigation and adaptation.
Of the 16 coaches of SECCS, exhibition in 8 coaches will
be exclusively devoted to information, case studies and
material related to various aspect of Climate change, the
underlying science, impacts, adaptation activities,
mitigation solutions and policy approaches in a manner
that is easy to understand and interesting for not just
school students but also the masses.At each halt of
SECCS, activities are planned in advance to engage
visitors across different age groups to reinforce various

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messages that the train conveys. An exciting and much


sought-after Outreach Programme will also be conducted
in local schools/institutions along with interesting
activities on the railway platforms where it is parked. In
addition, informative & appealing take-away material is
made available for wider distribution amongst schools
and other visitors.

200newspeciesfoundinHimalayas
A snub-nosed monkey that sneezes when it rains, a
walking fish and a jewel-like snake are among more than
200 new species discovered in the fragile eastern
Himalayas, according to a new report by WWF released
in Thimpu in October.
A report on wildlife in Nepal, Bhutan, the far north of
Myanmar, southern Tibet and north-eastern India by The
World Wildlife Fund said that discoveries in the past five
years including 133 plants, 26 species of fish, 10 new
amphibians, one reptile, one bird and one mammal. Some
of the most striking discoveries include a vibrant blue
dwarf walking snakehead fish, which can breathe
atmospheric air and survive on land for up to four days,
although moving in a manner much clumsier than a
slithering snake.
The report details an unfortunate monkey whose upturned
nose leads to a sneeze every time the rain falls. The snubnosed monkey - or Snubby as they nicknamed the
species - from locals in the remote forests of northern
Myanmar, who said it was easy to find when it was
raining because it often got rainwater in its upturned nose,
causing it to sneeze. To avoid the problem, snubby spend
rainy days sitting with their heads tucked between their
knees.
These discoveries show that there is still a huge amount
to learn about the species that share our world. WWF said
the discovery of 211 new species from one of the most
biologically rich regions of the world is a celebration of
the amazing gift of nature. With discovery, comes the
important responsibility to continue protecting and caring
for these precious gift that this world has been blessed
with.
WWF is supporting countries in the region to develop
green economies that value nature and the services it
provides to millions of people living in the fragile Eastern
Himalayas.

October 2015-Issue-II

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Endeavor Careers Dream Endeavor Achieve

Group Discussion
It is unfair to blame telecom companies for call drops
With nearly a billion mobile phone subscribers, India is among the worlds largest telecom markets. But statistics are merely a marker
of the size of the market; they dont 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
Telecom operators have rightly blamed civic authorities
for holding back the required expansion of infrastructure.
The nub of the problem is inadequate spectrum a telco
in India has 12 MHz of spectrum compared to the global
average of 40 MHz, which means they get less spectral
efficiency and need more towers. Even though the Centre
recently approved a spectrum-sharing policy, the rules are
too constrictive to bring change. The lions share of
spectrum is hogged by defence and government agencies.
If the government really wanted to ease the situation,
which would have solved the problems of dropped calls
and slow data transfer, it should have made more
spectrum available. The problem has been that when it
comes to auctioning spectrum, the government has not
been guided by the need to decongest networks, but
instead by revenue possibilities. For instance, the armed
forces had vacated 15 MHz of spectrum, yet the
government auctioned only 5 MHz in February. If the
entire lot had been auctioned then, congestion would have
eased to a large extent - but it would have brought down
the governments revenue.
Apart from inadequate spectrum, the other factor that has
worsened the quality of telecom services is the inability of
service operators to put up towers. Thanks to fears of
harmful radiation - which have been disputed by most
scientists and by public health authorities such as the
American Cancer Society - some people are reluctant to
let towers come up in their neighbourhood. As a result,
service operators find it very difficult to install towers.
There have also been protests against the installation of
telecom towers in residential areas as many feel that they
emit harmful rays which could be damaging to the health.
Telecom companies allege that municipal bodies and
resident welfare associations are not only forcing them to
dismantle existing towers but are also refusing permission
to install new ones. Civic authorities have forced about
10,000 towers to shut down across major cities. The lack
of a uniform national policy on the setting up of these
towers is a major problem.
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Compensation for call drops opens the system to being


gamed by unscrupulous subscribers. What stops people
from claiming that a disconnected call was a dropped
call? Or, a subscriber with two phones from calling from
one number to the other and disconnecting after a few
seconds? You may think that the money (up to Rs 3 a
day) is too small for a subscriber to indulge in such
unsavoury behaviour. But thats not a correct assessment.
Through the penalty, a subscriber can earn up to Rs 93 a
month, which is almost three quarters of the industrys
ARPU (average revenue per user) of Rs 125-130 a month.
It is quite possible that the operators might try to recover
the penalty from subscribers through higher tariffs.
AGAINST
TRAIs benchmark for call drops is this: In 100 calls, up
to two can drop. Globally, operators meet these standards
but here the picture is very different. Indias dropped call
ratio is 12% against the 3% registered in mature markets.
TRAIs decision to compensate mobile users for call
drops sends a powerful signal to telecom operators to
improve their quality of service. Despite rising customer
complaints, and repeated requests by the Centre to
improve the quality of service, mobile operators had so
far done little.
Though all telecom companies claim to be highly
customer focused, the reality is quite different. The
number of complaints received by TRAI has gone up over
the years exponentially. In fact, service providers have
taken concrete action only when the regulator has cracked
down. Take the issue of unsolicited telemarketing calls
and text messages, for instance. Similarly, it was a tough
talking regulator that put an end to the perverted practice
of charging consumers for value added services like caller
ring back tones even when the user had not subscribed for
it. The compensation of Rs. 1 for every call drop should
prompt operators to improve their quality of service.
Operators can also do much more in terms of investing in
technologies that ensure good quality of service. Until this
simple realisation dawns on operators, TRAI should
ensure that consumers get the quality of service that they
deserve.

October 2015-Issue-II

THE GENESIS

29

Endeavor Careers Dream Endeavor Achieve

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
ones ear as well? (4)
34. Khaleds song or local sister? (4)
35. Exterior, superficial or farther
than? (7)
ACROSS
36. _ Newton: famous British scientist? (5)
38. Passage taken from a book (7)
41. Amrita or Malaika of Bollywood (5)
42. Mr. Dravid of Indian cricket (5)

ACROSS
43. Former Portuguese territory in India (3)
44. East Anglican city (3)
45. Psychological complex (7)
46.City in Maharashtra (5)

DOWN

DOWN
19. Pass oneself off as (11)
21. Ms Balan of Kahaanifame (5)
22. J in J & K? (5)
23. Make so _as to: presume or venture to? (4)
25. Concerning, in legal terms rein anagram? (2, 2)
27. Greed, overindulgence or rapacity (8)
29. Vijay, Anand or Ashok of Indian tennis (8)
30. ____ Pradesh: North Indian state (8)
33. Gilbert and Sullivans emperor (6)
34. Considered (6)
37. Alice anagram for a girls name? (5)
39. A _of the old block: like father, like son? (4)
40. Floor coverings (4)

1. Having nothing on (5)


2. Check of attendance (4, 4)
3. It has to be carried before a new procedure can be said to be
established? (5, 3)
4. At a great distance away (4)
5. Person of one of the races of Japan (4)
6. Prayer-book (6)
7. Near the North Pole (6)
8. City in Maharashtra famous for sugar (8)
9. Capital of Gujarat (11)
14. C.N. _: founder of DMK? (9)
18.Island now known as Lakshadweep (9)

NETROOTS: A grassroots movement that uses the


Internet to communicate, organise and raise money

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PRESENTISM: The application of current ideals,


morals and standards to historical figures and events

October 2015-Issue-II

THE GENESIS

30

Endeavor Careers Dream Endeavor Achieve

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?


2. The 2015 Nobel Prize in Physics was given for the

3.
4.
5.
6.

7.
8.

9.
10.
11.
12.

13.

14.
15.
16.
17.

18.
19.

20.

21.

discovery of ____ oscillations that shows that ____


have mass.
Who are the winners of 2015 Nobel Prize in
Chemistry?
The 2015 Nobel Prize in Chemistry has been awarded
for the mechanistic studies of _____ repair.
Who are the winners of 2015 Nobel Prize in 2015
Nobel Prize in Physiology or Medicine?
The 2015 Nobel Prize in Physiology or Medicine was
given for discoveries concerning a novel therapy
against which infection (leprosy/TB/Malaria/Swine
Flu)?
Who won the 2015 Nobel Prize in Literature?
The Nobel Peace Prize 2015 was given to National
Dialogue Quartet for strengthening democracy in
which African country?
Winner of which of the six Nobel Prizes is selected by
the Royal Swedish Academy of Sciences?
Winner of which of the six Nobel Prizes is selected by
the Karolinska Institutet?
Winner of which of the six Nobel Prizes is selected by
the Norwegian Nobel Committee?
The Rurban Mission to deliver integrated project
based infrastructure in the rural areas is named after
which leader?
Which state won the award for Comprehensive
Tourism Development at the National Tourism
Awards 2013-14?
The award for Tourist Friendly Railway Station at
the National Tourism Awards 2013-14 was won by:
The award for Best Heritage City at the National
Tourism Awards 2013-14 was won by:
The award for Rural Tourism Project at the National
Tourism Awards 2013-14 was won by:
Who won the Best Performing State award at the
Saakshar Bharat Awards 2015 given on International
Literacy Day?
Who won the Best Performing District award at the
Saakshar Bharat Awards 2015?
P.V. Chandran was elected President of the Indian
Newspaper Society (INS) in September. He is
associated with which newspaper group?
Hormusji N. Cama was elected Chairman of the Press
Trust of India in September. He is associated with
which newspaper group?
Who has resigned as the Director of New Delhi-based
Nehru Memorial Museum and Library (NMML)?
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22. Which spiritual leader contributed Rs.100 crore for the

23.
24.
25.

26.
27.
28.
29.

30.

31.

32.
33.
34.
35.

36.

37.
38.
39.
40.

41.
42.

Swachh Bharat and Namami Gange projects in


September?
Who is the Prime Minister of Cambodia and which is
its capital?
Which is the capital of Lao Peoples Democratic
Republic?
The inaugural Bilateral Maritime Exercise between
India and Australia called _____ was conducted off the
East Coast of India at Visakhapatnam in September.
What is Germanys Public Service Broadcaster called?
Who is the CEO of Prasar Bharati?
Who is the President of Belarus and which is its
capital?
The Indian Navy and Britains Royal Navy conducted
_____ series of exercises in UK in September
(Malabar/Liverpool/Konkan/Newcastle).
Where in Karnataka was INS Vajrakosh
commissioned by the Defence Minister Manohar
Parrikar in September?
Which state announced the Mukhyamantri Yuva
Swavlamban Yojana for meritorious students of the
non-reserved categories in September?
Which two rivers were formally interlinked at the
Ibrahimpatnam Ferry village in AP in September?
Who was appointed as the new Mumbai Police
Commissioner in September?
Mulyani Indrawati is the Managing Director of which
international organisation?
Where was the Tenth World Hindi Conference
organised in September and which island nation will
host the eleventh edition in 2018?
Which scheme was launched by the Prime Minister
during his visit to Varanasi in September to ensure 24hour power supply to every house?
Which city in Bihar hosted the three-day International
Buddhist conclave in September?
Which neighbouring countrys Constituent Assembly
adopted a new Constitution in September?
Who is the President of the 70th annual Session of the
UN General Assembly that started on September 15?
Which European country selected a new national
anthem whose English translation is Hoisted up there
in the wind, our red and white flag in September?
Which party retained power in Singapore after scoring
a landslide victory in general elections in September?
Who is the author of Start Small Finish Big: Fifteen
Key Lessons to Start and Run Your Own
Successful Business?

October 2015-Issue-II

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31

Endeavor Careers Dream Endeavor Achieve


43. Mario Vargas Llosa and Gabriel Garcia Marquez

44.

45.
46.

47.

48.
49.
50.
51.
52.

53.

became
famous
for
their
______
(Paintings/Inventions/Novels/Music).
Which movie bagged the coveted Golden Lion award
for the Best Film at the 72nd Venice Film Festival in
September?
Which Cup is given to the winners of Best Actor and
Best Actress awards at the Venice Film Festival?
Which neighbouring countrys Prime Minister was
given Champions of the Earth award by UNEPin
New York in September?
Which author, known for best-selling novels such as
Hollywood Wives and The Stud, died Los Angeles
on September 19 at the age of 77?
Who is the new Prime Minister of Australia and which
is the party in power there?
Which former ICC World Cup winner will not feature
in the 8-team 2017 ICC Champions Trophy in 2017?
Who is the new President of Cricket Association of
Bengal (CAB)?
Who was elected as the new President of Board of
Control for Cricket in India (BCCI) in October?
Prashanta Sinha passed away on September 22 at the
age of 77. He was a member of Indias gold medal
winning team at the Asian Games in which sport?
Who defeated hosts India 3-1 in the Davis Cup World
Group Play-off tie in New Delhi in September?

54. The 2015 Davis Cup final will be played between

which two countries in November?


55. Which Indian player lost in the final of BWF World

56.
57.
58.

59.
60.
61.
62.
63.
64.
65.
66.

Superseries Korea Open Badminton to Chen Long of


China in September?
Minoru Yoneyama is the founder of which sports
goods company?
Which country was ranked 1stin latest FIFA rankings
in September.
Indian sports administrator Randhir Singh retired as
the Secretary General of which international sports
organisation after occupying the post for 24 years?
Which South African city was announced as host of
the 2022 Commonwealth Games in September?
Which Australian city will host the 2018
Commonwealth Games?
Who won the Sinquefield Cup Chess tournament in St.
Louis (USA) in September?
Who won the 24th All India Baba Farid Gold Cup
hockey title at Faridkot in September?
Who won F1 Singapore Grand Prix on Sept2008?
Who won the IBSF World Billiards Championship in
Adelaide (Australia) in September?
Who was the co-founder of Subway with Fred
DeLuca?
Which Indian satellite was launched by ISROs PSLVC30 on September 28?

Do you remember? Answers


1. Takaaki Kajita and Arthur B.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.

McDonald
Neutrino, neutrinos
Tomas Lindahl, Paul Modrich
and Aziz Sancar
DNA
William C. Campbell, Satoshi
mura and Youyou Tu
Malaria
Svetlana Alexievich of Belarus
Tunisia
Physics, Chemistry, Economics
Physiology/Medicine
Peace
Shyama Prasad Mookerjee
Gujarat
Station Habibganj, (MP)
Gwalior (MP)
Rann Utsav, Gujarat
Tamil Nadu
Bastar (Chhattisgarh)
Mathrubhumi
Bombay Samachar
Prof Mahesh Rangarajan
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22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
39.
40.
41.
42.
43.
44.

Mata Amritanandmayi
Hun Sen, Phnom Penh
Vientiane
AUSINDEX-15
Deutsche Welle (DW)
Jawhar Sircar
Alexander Lukashenko, Minsk
Konkan
Karwar
Gujarat
Godavari and Krishna
Ahmed Javed
World Bank
Bhopal, Mauritius
Integrated Power Development
Scheme
Bodh Gaya
Nepal
Mogens Lykketoft
Switzerland
Peoples Action Party (PAP)
Fred DeLuca
Novels
From Afar
October 2015-Issue-II

45. Volpi Cup


46. Bangladesh
47.
48.
49.
50.
51.
52.
53.
54.
55.
56.
57.
58.
59.
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61.
62.
63.
64.
65.
66.

Prime Minister
Sheikh Hasina
Jackie Collins
Malcolm Turnbull, Liberal Party
West Indies
Saurav Ganguly
Shashank Manohar
Football
Czech Republic
Belgium and Britain
Ajay Jayaram
Yonex
Argentina followed by Belgium,
India 155th
Olympic Council of Asia
Durban
Gold Coast
Levon Aronian of Armenia
Indian Air Force (IAF)
Ferraris Sebastian Vettel
Pankaj Advani
Peter Buck
Astrosat
THE GENESIS

32

Endeavor Careers Dream Endeavor Achieve

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


families that own them is not matched correctly?
a) Dabur India Roy
b) Cadila Healthcare Patel
c) Eicher Group Lal
d) Shree Cement Bangur
2. Who among the following is the author of Breakout
Nations: In Pursuit Of The Next Economic Miracles?
a) Raghuram Rajan
b) Ruchir Sharma
c) Jagdish Bhagwati
d) Kaushik Basu
3. Which private sector bank has launched a nationwide
campaign Har Zaroorat Poori Ho Chutki Mein, Bank
Aapki Mutthi Mein to position itself as a premier digital
bank?
a) Axis Bank
b) ICICI Bank
c) HDFC Bank
d) Kotak Mahindra Bank
4. Which apparel brand is launching watches under Time
brand?
a) Arrow
b) Raymond
c) John Players
d) Louis Philippe
5. Which domestic mobile handset company has forayed
into the notebook segment with the launch of Lapbook
for Rs 13,999?
a) Micromax
b) Karbonn
c) Spice
d) Intex
6. Which private sector bank has launched mVisa
mobile payment service?
a) Axis Bank
b) ICICI Bank
c) HDFC Bank
d) Kotak Mahindra Bank
7. Who among the following has become permanent CEO
of Twitter and online payment services firm Square?
a) Jack Dorsey
www.endeavorcareers.com

b) Drew Houston
c) Alan Mamedi
d) Reid Hoffman
8. Which kids channel has introduced its third Indian
character Shiva after Motu Patlu and Pakdam Pakdai?
a) Pogo
b) Cartoon Network
c) Nickelodeon
d) Hungama
9. Who among the following is the co-founder of
Truecaller app?
a) Jack Dorsey
b) Drew Houston
c) Alan Mamedi
d) Reid Hoffman
10. Which Indian gadgets company has launched a new
4G tablet named Ace Strike with 2GB RAM at a price of
Rs.6999?
a) Lava
b) Spice
c) Karbonn
d) Swipe
11. Who among the following celebrities was named as
its Cultural Ambassador by Indian Ocean island nation
Seychelles?
a) Aditya Chopra
b) Karan Johar
c) A. R. Rahman
d) Shah Rukh Khan
12. Which of the following has launched augmented
reality goggles HoloLens?
a) Microsoft
b) Apple
c) Google
d) IBM
13. Which of the following has launched Goldilocks, a
product designed and developed in-house by the security
solutions company?
a) Larsen and Toubro
b) Godrej Security Solutions
c) Bharat Forge
d) Tata Advanced Systems

October 2015-Issue-II

THE GENESIS

33

Endeavor Careers Dream Endeavor Achieve


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

October 2015-Issue-II

THE GENESIS

34

Endeavor Careers Dream Endeavor Achieve


d) Oxigen
28. Which of the following has launched Gear VR
wearables device that changes 2D content to 3D in
collaboration with American virtual reality technology
company Oculus in September?
a) LG
b) Samsung
c) Lenovo
d) Apple
29. Facebook has rebranded its free internet sharing
platform Internet.org to ______.
a) Free Web
b) Free Surf
c) Free Book
d) Free Basics
30. Consider the following pairs of companies and their
business groups.
1. Idea Cellular Aditya Birla Group
2. Rallis India Tata Group
3. Ballarpur Industries Ltd ITC Ltd.
Which of the above pairs is/are correctly matched?
a) 1 only
b) 1 and 2 only
c) 3 and 1 only
d) 1, 2 & 3
31. Which matchmaking portal has launched the My
Conditions Apply campaign that draws attention to the
adjustments that youngsters dont wish to make when
getting married?
a) Shaadi.com
b) Jeevansathi.com
c) BhartMatrimony.com
d) Vivah.com
32. Gadgets Guru awards is in initiative of which media
group?
a) Zee
b) NDTV
c) Bloomberg
d) India Today
33. Which Indian company has launched a range of
professional salon facial products under the Oxlife brand
for men and women in September?
a) Marico
b) Emami
c) Dabur
d) Ozone Ayurvedics
www.endeavorcareers.com

34. What is the Rs 30 lakh sports car launched by


automobile designer Dilip Chhabria in September named?
a) Avanti
b) Chetak
c) Apsara
d) Pushpak
35. Which power company appointed K M Singh as its
new Chairman & Managing Director in September?
a) Tata Power
b) NTPC
c) Adani Power
d) NHPC
36. Which of the following has rebranded itself and
changed its tagline to Ab life full paisa vasool in
September?
a) MTS
b) Idea
c) Uninor
d) Aircel
37. Mission Sunehra Kal is the Corporate Social
Responsibility (CSR) initiative to strengthen rural
livelihoods run by which corporate?
a) Mahindra & Mahindra
b) ITC
c) ONGC
d) L&T
38. Co-promoter of which of the following financial
services groups has decided to step down from his
corporate positions and join spiritual organisation Radha
Soami Satsang Beas?
a) Muthoot
b) Religare
c) Edelweiss
d) Indiabulls
39. Which of the following has launched the Robin Hood
Index that shows how the net worth of the countrys
wealthiest person compares with the livelihood of his
fellow countrymen?
a) Bloomberg
b) Economic Times
c) Dow Jones
d) CNBC
40. Which of the following has announced joint venture
with Scotland-based premium fabric maker Holland and
Sherry?
a) Reliance Industries

October 2015-Issue-II

THE GENESIS

35

Endeavor Careers Dream Endeavor Achieve


b) Arvind Mills
c) Raymond
d) Digjam

b) Maybelline
c) Revlon
d) Matrix

41. Which of the following pairs of women corporates


and their organisations is not matched correctly?
a) Vinita Singhania JK Lakshmi Cement
b) Chitra Ramkrishna Bombay Stock Exchange
c) Shikha Sharma Axis Bank
d) Mallika Srinivasan TAFE (Tractors and Farm
Equipment Limited)

46. Which travel & tourism portal was founded by Ashish


Kashyap who is also its CEO?
a) Yatra.com
b) MakeMyTrip.com
c) Goibibo.com
d) Cleartrip.com

42. Which Indian two-wheeler company has claimed to


deliver mileage of 95 km/litre for its new motorcycles
because of its DuraLife engine?
a) Mahindra2Wheelers
b) TVS Motor
c) Hero MotoCorp
d) Bajaj Auto
43. Which Indian IT company has bagged the contract to
develop and operate the technology platform for the
proposed goods and services tax (GST) for the
government?
a) Wipro
b) TCS
c) Infosys
d) Tech Mahindra
44. Which of the following has launched La Femme, a
boutique hospital for women offering a holistic range of
medical services in Bengaluru?
a) Apollo Hospitals
b) Fortis Healthcare
c) Max Healthcare
d) Wockhardt Hospitals
45. Athiya Shetty and Alia Bhatt are brand ambassadors
of which cosmetics brand?
a) Garnier

47.Which Indian online and mobile classifieds portal was


founded by Pranay Chulet?
a) Quikr
b) OLX
c) Justdial
d) Sulekha
48. Which government-owned bank appointed P S
Jayakumar as its new MD and CEO for three years from
October?
a) State Bank of India
b) Bank of Baroda
c) Bank of India
d) Punjab National Bank
49. Who was signed as brand ambassador by LIVA
textile brand of the Aditya Birla Group?
a) Jacqueline Fernandez
b) Rani Mukherjee
c) Kangana Ranaut
d) Priyanka Chopra
50. Which of the following entered into an eight-year
sponsorship deal with the International Cricket Council
replacing Korean carmaker Hyundai Motor in October?
a) Ferrari
b) Mazda
c) Honda
d) Nissan

Point-Counterpoint

Returning of these awards is not right.


These writers say that the Sahitya Akademi
is not doing anything, but the
circumstances we are working in must be
understood.

Gangadhar Hansdah,
Sahitya Akademi Board

Writers dont have any other way to


register their protest. We have never
witnessed this kind of religious intolerance.
At least, we were fearless in expressing
ourselves.

Member,
Gulzar, noted lyricist & Dadasaheb

Phalke awardee

www.endeavorcareers.com

October 2015-Issue-II

THE GENESIS

36

Endeavor Careers Dream Endeavor Achieve

Answer Key
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Sudoku(Solution below)
I

II

Solutions
CROSSWORD

SUDOKU I

SUDOKU II

www.endeavorcareers.com

October 2015-Issue-II

THE GENESIS

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