Beruflich Dokumente
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The Genesis
October 2015-Issue-I
Current Affairs
NobelPrizesPhysics,Chemistry,Medicine,Literature&Peace
India,States
8,11
World
13
Sports
16
Economy
18
Corporate
20
CyberBuzz
23
Science&Technology
24
People
Faces:ShashankManohar
15
BusinessBiography:FredDeLuca
19
Nobel Prizes: 3
The Nobel Prize in Physics has
been awarded to Takaaki
Kajita
and
Arthur
B.
McDonald for the discovery
of neutrino oscillations, which
shows that neutrinos have
mass while the Chemistry
Prize went to Tomas Lindahl,
Paul Modrich and Aziz Sancar
for mechanistic studies
Knowledge Corners
RecentReleases:ForgingCapitalisminNehrusIndia&NoRegrets
29
GD:BCCImustbebroughtundergovernmentregulation
26
Crossword
27
Sudoku
35
Doyouremember?
28
CorporateKnowledgeQuiz
31
PointCounterpoint
34
Business Biography: 17
The sandwich shop opened
by Fred DeLuca at the age of
17 to help pay for college
fees has grown into fast food
giant Subway - one of the
worlds biggest restaurant
chain by locations with more
than
44,000
outlets
worldwide
Ahmedabad CO & Centre: 101, Suyojan Towers, Nr. Hotel President, Off. C.G. Road Ahmedabad 09:079 26464053/26420509
Vallabh Vidya Nagar: 3rd Floor, Diwaliba Chambers, Near ICICI Bank, Bhaikaka Statue VV Nagar 388120:02692-326065/230826
Baroda: 316, Atlantis,Opp Vadodara Central, Sarabhai Road, Vadodara 390016:0265-2341992, 9033100222
Mumbai: Vashi: :022-65652221/7666587770; Vile Parle (W): :022-65568888/65567788; Borivali: :022-65354535/65354515
Rajkot: 3rd floor, Kings, Opp Punjab Honda, Near G T Seth School, Kalawad Road, Rajkot, :02813051475
Gandhi Nagar: 302, Swagat Rain Forest - I, Block A ,Nr. 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
Thane: 501, 5th Floor, Thakor Niwas,Opp. Thane Station (West), Near Thane Post Office, Thane (W) 400 601:022-25444600/41009898
Rajahmundry: 46-7-26/1,Sri Sai Venkateswara Complex,Opp: Green Park Restaurant,Danavaipet, Rajahmundry 533101:0883 - 6557777
Bangalore: No. 23, 1st floor, Vasavi Plaza,Near Cool Joint,11th main, 4th block Jayanagar,Bangalore 560011.:080-41310888/41550888
Whether you prevail or fail depends more on what you do to yourself then on what the world does to you. Larry Collins
www.endeavorcareers.com
October 2015-Issue-I
THE GENESIS
The discovery that neutrinos switch between different flavours has won the 2015 Nobel Prize in physics.
October 2015-Issue-I
THE GENESIS
Tomas Lindahl, Paul Modrich and Aziz Sancar win Nobel Chemistry Prize
The 2015 Nobel Prize in Chemistry has been awarded for discoveries in DNA repair.Their findings have
provided fundamental insights into how cells function, knowledge that can be used, for instance, in the
development of new cancer treatments.
www.endeavorcareers.com
October 2015-Issue-I
THE GENESIS
The Nobel Prize for physiology or medicine has been split two ways for groundbreaking work on parasitic
diseases.
October 2015-Issue-I
THE GENESIS
The Swedish Academy described her work as monument to suffering and courage in our time
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October 2015-Issue-I
THE GENESIS
Tunisias National Dialogue Quartet has been credited with aiding the countrys transition to democracy
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October 2015-Issue-I
THE GENESIS
Shyama Prasad Mookerjee RURBAN Mission approved: The government approved a scheme in
September to spur social, economic and infrastructure development in rural areas. The government has earmarked over
5,000 crore rupees for the scheme named as Shyama Prasad Mookerjee Rurban Mission. Under this mission, 300 Gramin
clusters that will include Gramin Panchayat and nearby villages will be developed with an expenditure of over 5,000
crore rupees. The Cabinet also gave approval for 150 days employment per household under Mahatma Gandhi National
Rural Employment Guarantee Act in the drought hit areas of the country.
AWARDS
National Tourism Awards 2013-14 were presented in New Delhi in September. List of Awardees includes:
Best State/UT for Comprehensive Tourism Development in Rest of India category: Gujarat (first), Madhya Pradesh
(second), Rajasthan (third) Tourist Friendly Railway Station: Railway Station HabibganjMP Best Heritage Walk:
India City Walks for Mehrauli Archaeological Park, Delhi Best Heritage City: Heritage City Gwalior, MP Rural
Tourism Project: Rann Utsav, Gujarat Best Tourism Film: The Great Backwaters of Kerala Submitted by Kerala
Tourism Best Tourism Promotion Publicity Material: Gujarats 50 Golden Destinations Best Film Promotion
Friendly State/Union Territory: Gujarat Most innovative use of Information Technology/Best Website: Deptt. of
Tourism, Govt. of Kerala/Portal
Saakshar Bharat Awards: President Pranab Mukherjee presented the Saakshar Bharat Awards 2015 on the
International Literacy Day in New Delhi on September 8. As many as 11 Saakshar Bharat Awards were presented to
States, Districts, Blocks, Gram Panchayats, State Resource Centre (SRC) and Jan Shikshan Sansthan (JSS) for best
performance in the field of adult education and skill development. The awardees are: Best Performing State-Tamil Nadu;
Best Performing District- 1. Bastar, Chhattisgarh, 2. Dharampuri, Tamil Nadu 3. Haveri, Karnataka; Best Performing
Gram Panchayat-1. Palamalai, Salem District, Tamil Nadu 2. Giroud, Raipur District, Chhattisgarh 3. Poosarlapadu,
Srikakulam District, AP 4. Ankireddygudem, Nalgonda District, Telangana 5. Khanggabok Part - II, Mayai Leikai,
Thoubal District, Manipur; Best Performing Resource Support Organisation 1. State Resource Centre (SRC), WB 2. Jan
Shikshan Sansthan, Allahabad, UP.
FICCI Water Awards: In a bid to recognize efforts and leadership in the area of water efficiency, the India
Industry Water Conclave and the 3rd Edition of FICCI Water Awards was launched by FICCI in association with HSBC
in New Delhi in September. The award giving ceremony was attended by JyotsnaSuri, President, FICCI and Naina Lal
Kidwai, Chairperson, FICCI Water Mission amongst others. Some of the award categories were industrial water Use
efficiency, community initiatives by the industries and initiatives by NGOs. The top three award winners in category of
Industrial Water Use Efficiency were bagged by ITC Munger, Ambuja group and Infosys Limited. Ambuja Cements Ltd
and Ultratech Cement Ltd were winners among the category Community initiatives by the Industries.
October 2015-Issue-I
THE GENESIS
recognition of outstanding safety performance of industrial establishments, construction sites, ports and installations
under AERB.
Gandhi Peace Prize 2014: President Pranab Mukherjee presented the Gandhi Peace Prize for the year 2014 to
Indian Space Research Organisation (ISRO) in New Delhi in September. The award was received by A. S. Kiran Kumar,
Chairman, ISRO on behalf of the organization. The Gandhi Peace Prize was instituted by the Government in 1995 on the
occasion of the 125th birth anniversary of Mahatma Gandhi. This annual award is given to individuals and institutions for
their contributions towards social, economic and political transformation through non-violence and other Gandhian
methods. The Award carries an amount of Rupees one crore in cash, a plaque and a citation.
Royal Aeronautical Society medal: Scientific Adviser to Defence Minister G. Satheesh Reddy has been
conferred the prestigious Silver Medal of the Royal Aeronautical Society (RAeS) in London in September. RAeS has
been honouring outstanding achievers in the global aerospace industry since 1909, when Wilbur and Orville Wright came
to London to receive the societys first Gold Medal. Reddy, an eminent missile scientist, has made pioneering
contributions to navigation and avionics technologies.
PERSONSINNEWS
APPOINTMENTS: P. V. Chandran of the Mathrubhumi group was elected President of the Indian Newspaper
Society (INS) for 2015-16 at its AGM held in Bangalore in September. Hormusji N. Cama, Managing Director of
Bombay Samachar, the oldest continuously-published newspaper in India from 1855, was elected Chairman of the Press
Trust of India at its AGM in New Delhi in September. IPS officer Binita Thakurwas appointed as Director of
NATGRID (National Intelligence Grid), a robust intelligence gathering mechanism set up to track any terror suspect and
incident, in September. Agriculture expert Professor Ramesh Chand, who headed a government panel on Minimum
Support Price and has been working as Director of National Institute of Agricultural Economics and Policy Research
(NIAP) in New Delhi since 2010, was appointed as one of the full-time members in the NITI Aayog.
RESIGNATIONS: LokJanshakti Party (LJP) LokSabha MP from Vaishali in Bihar, Rama Singh, tendered his
resignation from the party and has quit from all the posts. The resignation of the Director of Nehru Memorial Museum
and Library (NMML), Prof Mahesh Rangarajan was accepted by the government in September.
OTHERS: Finance Minister ArunJaitley received a cheque of Rs.100 crore for the Swachh Bharat and NamamiGange
projects from the spiritual leader Mata Amritanandmayi, in Kollam, Kerala in September.
BhubaneshwarsAnanyaSritam Nanda, 14, won the Indian Idol Junior title in Mumbai in September. The National
Investigation Agency (NIA) declared a cash reward for information on S.S. Khaplang and included the 75-year-old
Naga militant leader in a list of wanted terrorists in September.
OBITUARIES
Lance Naik Mohan NathGoswami, a Special Forces Commando of the Army, eliminated 10 militants in a short span of
11 days before he laid down his life while battling militants in Handwara Jammu & Kashmir in September. Music
director AadeshShrivastava passed away in Mumbai at the age of 49 on September 5. Samajwadi Party MLA from
Bikapur seat in Faizabad parliamentary constituency, MitrasenYadav died in Lucknow on September 7 at the age of 81.
Veteran Congress leader and former MP from Jammu Poonch parliamentary constituency, Janak Raj Gupta, passed
away in Jammu on September 13 at 79. Well-known Mohiniyattam dancer and Padma Shri-awardee choreographer
KalamandalamSatyabhama died in Palakkad (Kerala) on September 13 at the age of 77.
EXTERNALRELATIONS
CHINA: After a fresh face-off, the armies of India and China had two meetings at two places in Ladakh in September
during which the two countries agreed to maintain peace and tranquillity along the 465-km long Line of Actual Control
(LAC) in the Ladakh sector. The meetings of senior officers of Chinese Peoples Liberation Army (PLA) and the Indian
Army took place in Chushul, located 202 km southeast of Leh and Daulat Beg Oldi (DBO), 250 km northeast of Leh.
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October 2015-Issue-I
THE GENESIS
10
CAMBODIA, LAOS: India and Cambodia signed two MoUs, one relating to Tourism and another an umbrella
project under Mekong Ganga Cooperation initiative during the visit of Vice President M. Hamid Ansari in capital Phnom
Penh in September. During his meeting with Prime Minister Hun Sen, Ansari emphasised Indias growing economic ties
with CLMV countries, i.e. Cambodia, Lao Peoples Democratic Republic, Myanmar and Vietnam. Later Ansari also
visited Laos, where he met President ChoummalySayasone and Prime Minister ThongsingThammavong in capital in
Vientiane.
SRI LANKA: In his first overseas trip after assuming the top office for the fourth term, Sri Lankan Prime Minister
RanilWickremesinghe came on a three-day visit to India on September 14-16 where he held extensive talks with the
Indian leadership including on the fishermen issue.
NEPAL: Foreign Secretary S Jaishankar met senior leaders of Nepal including CPN-UML chairman K P Sharma Oli in
Kathmandu as special envoy of Prime Minister Narendra Modi in September and discussed the latest political situation in
the country amid protests by Madhesi groups over the countrys new Constitution. Jaishankar also called on President
Yadav and Prime Minister SushilKoirala and meet UCPN-Maoist chief Prachanda as well as senior leaders of the
Madhes-based political parties, who are launching agitation over the issue of adopting a federal model in the new
constitution.
PAKISTAN: Amid a growing war of words and firing from across the border, a 15-member team of Pakistani
Rangers led by Major General Umar Farooq Burki, Director General, held talks with the Border Security Force (BSF)
headed by DG Pathak in New Delhi in September. During the conference, discussions were held on important issues like
cross-border firing, infiltration and smuggling etc.
BANGLADESH: In a first of its kind, India will conduct a joint marine research with Bangladesh in its Exclusive
Economic Zone (EEZ) to understand the ecology of the Bay of Bengal that affects the climatic conditions of the region.
A team of scientists from the CSIRs National Institute of Oceanography (NIO) will head to the Bay of Bengal in
October-November along with its Research Vessel (RV) SindhuSadhana.
INDONESIA: India and Indonesia have signed a pact for repatriation of each others wanted prisoners and cooperate
in all criminal matters, including gathering evidence. Under the agreement, India will execute summons to an accused
person or to any person requiring to attend and produce documents or a search-warrant issued by an Indonesian court.
Indonesia will reciprocate with similar action if there is any request from any Indian court.
AUSTRALIA: A key Australian parliament panel has overridden expert criticism to back a deal inked with India in
2014 under which New Delhi can import uranium from Canberra for its nuclear power plants, triggering relief in the
foreign policy establishment in New Delhi in September after months of tense waiting. The inaugural Bilateral Maritime
Exercise between India and Australia, AUSINDEX-15 as conducted off the East Coast of India at Visakhapatnam in
September.
GERMANY: An English news channel of Deutsche Welle (DW), Germanys Public Service Broadcaster, was
launched at an event in New Delhi by German Ambassador to India Martin Ney and PrasarBharati CEO JawharSircar in
September. The German broadcaster said that the cornerstone of the channel will be news from Europe and the world,
along with a programming focus on regional news and events from Asia.
BELARUS: India and Belarus have set a trade target of USD 1 billion by 2018, besides agreeing to enhance
cooperation in sectors including pharmaceuticals and energy at the meeting held in Minsk in September between
Commerce and Industry Minister NirmalaSitharaman and her Belarussian counterpart VitaliMikhailovichVovk.
Sitharaman also called on President of Belarus Alexander Lukashenko.
BRITAIN: The Indian Navy and Britains Royal Navy hold KONKAN series of exercises in UK in September.
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October 2015-Issue-I
THE GENESIS
11
TAMILNADU
The Department of Posts launched a savings scheme in Tamil Nadu for the male child PonmaganPodhuvaippuNidhi
on the lines of the successful SukanyaSamriddhi Account scheme in Chennai in September. CM Jayalalithaa has
launched the Amma Baby Care Kit scheme in September, wherein the government will provide accessories meant for
the newborn and its mother.
ANDHRAPRADESH
CM N. Chandrababu Naidu formally interlinked the waters of the Rivers Godavari and Krishna at the Ibrahimpatnam
Ferry village, which is located about 20-kilometers from Vijayawada, on September 16 thus fulfilling a long cherished
dream of farmers of the Krishna and Guntur Districts. The Delhi Metro Rail Corporation will implement the ambitious
Vijayawada Metro Rail Project, the CM announced in September.
MAHARASHTRA
Chief Minister DevendraFadnavis announced the setting up of a Japan Desk, a one-stop shop in the state for all
Japanese companies, in September. Ahmed Javed was appointed the new Mumbai Police Commissioner while incumbent
Rakesh Maria was promoted and posted as the Director General of Police (Home Guards) in September.Senior Congress
Leader and former Maharashtra LokSabha MP BalkrishnaRamchandraWasnik passed away on September 10 in Nagpur
at the age of 86. Voicing concern over heavy bags carried by school children, the Bombay High Court on September 23
asked Maharashtra Government to issue a circular within a month fixing a date for implementing recommendations of an
expert committee that looked into the issue.The World Bank has assured support for developing Mumbais mass transit
system during the meeting its MD MulyaniIndrawati had with the CM in Mumbai in September.
GUJARAT
The state Government announced a MukhyamantriYuvaSwavlambanYojana for meritorious students of the non-reserved
categories in September. Students, who secure 90 percentile in 12th Standard and whose annual family income is below
Rs. 4.50 lakh are eligible to get various benefits like 50 percent waiver of fee, scholarships, hostel expenses etc.
Meritorious students pursuing his Medical and Engineering and other higher studies will get 50 percent assistance with
maximum limit of Rs.2 lakh per year under this scheme.
MADHYAPRADESH
The government constituted a one-member commission to enquire into the Petlawad explosion incident when At least 89
people were killed and nearly 100 injured after a massive blast caused by mining explosives stored in a building ripped
through a crowded area in Petlawad town in Jhabua district on September 12. The state government launched M-ShikshaMitra mobile app to provide various services and teaching-related work to teachers in simple and easy way in September.
The Tenth World Hindi Conference concluded in Bhopal on September 12 where a resolution was passed to organize the
Eleventh edition in Mauritius in 2018. Also US based Hindi Sangam Foundation will be organising the Third
International Hindi Conference at Rutgers University, New Jersey in March 2016 to promote Hindi in America. Home
minister Rajnath Singh felicitated 38 scholars with Hindi Samman on this occasion.
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October 2015-Issue-I
THE GENESIS
12
UTTARPRADESH
Eminent writer KashiNath Singh, best known for his novel KashiKaAssi -- an adaptation of which has inspired the
Bollywood film MohallaAssi, was awarded the Bharat Bharti award by the CM in Lucknow in September. PM Modi
launched the Rs.45,000 crore nationwide Integrated Power Development Scheme (IPDS) in his parliamentary
constituency of Varanasi in September to ensure 24-hour power supply to every house.
BIHAR
Prime Minister Narendra Modi announced that Bodh Gaya would be developed as a spiritual capital of the Buddhist
world in his address at the concluding ceremony of a three-day International Buddhist conclave there in September.
RAJASTHAN
The Rajasthan government has announced a new informer scheme to contain illegal sex determination tests in
expecting mothers at private clinics or hospitals under which a cash reward of Rs 2 lakh will be given to informer (40%),
decoy woman (40%) and her accomplice (20%). The state Assembly passed a bill amending the Right to Education act,
to do away with the no detention policy up to class 8 in government recognized schools.Eminent Dogri poet and the
recipient of SahityaAkadamiPuraskar, Capt. (Retd.) Randhir Singh popularly known as KunwarViyogi, passed away on
September 16 in Jaipur at the age of 75.
DELHI
The AamAadmi Party (AAP)-led government said it will install CCTV cameras in all classrooms of government schools
of the national capital.
JAMMU&KASHMIR
Jammu & Kashmir government approved a social assistance scheme for girl child LadliBeti in September which will be
implemented in six districts with low child sex ratio. The state will contribute Rs 1,000 per month towards the birth of
every girl child for the next 14 years and the she would receive a sum of Rs 6.5 lakh upon reaching the age of 21.
PUNJAB
To commemorate the 150th birth anniversary of leading freedom fighter LalaLajpatRai, popularly known as Punjab
Kesari, the Punjab government announced that his birthplace at Dhudike village in the states Moga district would be
given a complete facelift. The AAP, which has all four of its MPs in LokSabha from Punjab, suspended Dharamvira
Gandhi (Patiala) and Harinder Singh Khalsa (Fatehgarh Sahib) from primary membership of the party and initiated
disciplinary proceedings against them.
WESTBENGAL
Sixty-four secret files relating to NetajiSubhas Chandra Bose that could help throw light on his mysterious
disappearance--an enduring enigma for seven decades --were released in Kolkata in September by the state government
in the presence of Boses family members who have been demanding that information on the leader of the Azad Hind
Fauj (Indian National Army-INA) be made public.
MEGHALAYA
Chief Minister MukulSangma launched the Meghalaya Livelihood and Access to Markets Project (Megha LAMP) aimed
at providing market linkages to farmers and improve their earnings in Shillong in September.
MANIPUR
The Manipur government has handed over 336.93 acres of land to the Union Ministry of Youth Affairs and Sports for
building a National Sports University in the state in Thoubal district.
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October 2015-Issue-I
THE GENESIS
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Germany and Czech Republic tighten border controls: The German Railway company Deutsche Bahn
halted train services with Austria after Berlin announced that it was reinstating border controls as the authorities buckles
under the strain of a record refugee influx. Germanys Vice Chancellor has said that the country is at the limit of its
capabilities as more than 13 thousand migrants arrived in Munich on September 12. Even, the Czech Republic said that it
will boost controls on the border with Austria over the refugee crisis. Meanwhile, Hungarys Prime Minister Viktor
Orban has welcomed Berlins decision to reinstate border controls as a necessary move in the face of a record migrant
influx.
Nepals Constituent Assembly endorses new constitution: In a landmark step to culminate a prolonged
transition after Nepal became republic in 2008, the countrys Constituent Assembly on September 16 endorsed a muchawaited new constitution of Nepal with an overwhelming two-thirds majority. President Ram BaranYadav unveiled the
Constitution on September 20 in Kathmandu. This is the first full-fledged constitution in the Himalayan nation. Earlier,
the country got an interim constitution in 2007 following the peoples movement in 2006 that toppled the 240-year
monarchy.
Japan allows its military to fight abroad: Japans Parliament passed contentious security bills into law in
September, in a move that could see Japanese troops fight abroad for the first time in 70 years. The new law loosens postWorld War II constraints on use of force by the military to its own self-defence only. The legislation sparked debate
about whether the nation should shift away from its pacifist ways to face growing security challenges. The law will allow
the military to defend Japans allies even when the country isnt under attack. They will also be able participate more
fully in international peacekeeping.
UN General Assembly opens 70th session: The UN General Assembly (UNGA) opened its 70th session on
September 15. The 70th session, a regular yearly event, was declared open by President MogensLykketoft of Denmark.
The UNGA unanimously adopted a document for reform of the Security Council. It will boost Indias bid for a
permanent seat in the revamped world body. External Affairs Ministry spokesman VikasSwarup described the
development as significant and said now text-based negotiations can be commenced after more than two decades of
discussions.
Swiss select new national anthem: The Swiss public have voted online to choose the song they would like to see
replace their current national anthem in September. The winning song - whose English translation is Hoisted up there in
the wind, our red and white flag - was composed by Werner Widmer. The result concludes the competition that was
launched in 2014 to replace the current national anthem, known as the Swiss Psalm, which is often criticised for its
overly religious lyrics.
PAP retains power in Singapore polls: Singapore Premier Lee HsienLoongs Peoples Action Party (PAP)
retained power after scoring a landslide victory in general elections in September. The PAP won an absolute majority of
83 seats in the 89-member Parliament. The opposition Workers Party won six seats. The PAP has increased its
percentage of the votes to over 70%, up from 60.14% in the 2011 general elections, when the party won 81 of the 87
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October 2015-Issue-I
THE GENESIS
14
constituency elected. Politics in the city-state since its independence in 1965 has been dominated by the ruling PAP
founded by Lee Kuan Yew, father of Lee and it has won every election.
AWARDS
Venice Film Festival: Director Lorenzo Vigas Spanish movie From Afar bagged the coveted Golden Lion award
for the Best Film at the 72nd Venice Film Festival in September, becoming the first Latin American film to receive the
honour. From Afar or Desdealla, the first ever entry from Venezuela to the festival, follows a wealthy middle-aged
man who falls for a street thug, changing both their lives. It is based on a story by writer Guillermo Arriaga. Pablo
TraperosEl Clan (The Clan), an Argentine true-crime thriller that has broken box-office records in its homeland,
took the Silver Lion for Best Direction. French drama LHermine or Courted won FabriceLuchini the Volpi Cup for
the Best Actor and the film also received the Best Screenplay award for Christian Vincents work. Actress Valeria Golino
received the Volpi Cup for Best Actress for her role in the Italian movie Per Amor Vostro (For your love). The Grand
Jury award, often considered as the runner-up honour, went to Charlie Kaufman and Duke Johnsons American animated
film, Anomalisa.
CPJ Awards: Paraguays CandidoFigueredo Ruiz is one of the media professionals being honoured by the Committee
to Protect Journalists for their commitment to defending freedom of the press, the New York-based organisation said in
September. Also selected for the same honour are cartoonist Zulkiflee Anwar Ulhaque of Malaysia, Zone 9 group of
bloggers in Ethiopia and a journalist collective from Syria Raqqa is Being Slaughtered Silently. The prizes will be
awarded at a CPJ dinner in New York on November 24.
Asia Game Changer awards: ICICI bank CEO ChandaKochhar is among three Indians selected for this years
Asia Game Changer awards given by Asia Society to honourtrue leaders making a positive contribution to the future of
Asia. Indian-American actor AasifMandvi, 49, and designer KiranBirSethi, 49, also made it to the list besides Kochhar,
53. Champion boxer and philanthropist from the Philippines Manny Pacquiao is the 2015 Asia Game Changer of the
Year for using his sport and his star power as forces for good, Asia Society announced in New York in September. The
other seven honorees include 2014 Nobel Laureates in Physics and inventors of a new energy- efficient light source - the
blue LED Isamu Akasaki, Hiroshi Amano and Shuji Nakamura for lighting our world in a ground-breaking and
sustainable way.
Champions of the Earth award: Bangladesh Prime Minister Sheikh Hasina was awarded the annual Champion
of the Earth award by the United Nations Environment Programme (UNEP) in New York in September. According to
UNEP, she has proven that investing in climate change is conducive to achieving social and economic development. The
other winners are the National Geographic Society (Science and Innovation); Brazilian cosmetics firm Natura
(Entrepreneurial Vision); and South Africas Black Mamba Anti-Poaching Unit (Inspiration and Action).
PERSONSINNEWS
OBITUARIES: Jackie Collins, the renowned British-born novelist who penned best-selling novels such as
Hollywood Wives and The Stud, died Los Angeles on September 19 at the age of 77. Spains Carmen Balcells, a
literary agent who represented some of the biggest names in 20th-century Spanish language literature including Nobelwinning authors Mario Vargas Llosa and Gabriel Garcia Marquez, died in Barcelona on September 20 at the age of 85.
Frank D Gilroy, whose play about a veterans fraught return home, The Subject Was Roses, won him a Pulitzer Prize
died in Monroe, New York on September 12 at the age of 89. Max Gesner Beauvoir, the supreme chief of the voodoo
religion, died at the age of 79 in the Haitian capital Port-Au-Prince on September 13.
APPOINTMENTS: Malcolm Turnbull was sworn in as Australias new Prime Minister in September after an
internal revolt in the ruling Liberal Party forced Tony Abbott to quit. Former Egyptian oil minister Sherif Ismail took
oath as the new Prime Minister in September after President Abdel-Fattah El-Sisi accepted the resignation of the cabinet
headed by PM Ibrahim Mehleb.
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October 2015-Issue-I
THE GENESIS
15
Faces
Shashank Manohar: Shepherding the gentlemans game
The challenge for the new BCCI president is to make the BCCI transparent and tackle conflicts
of interest
Lawyer-turned-administrator Shashank
Manohar, 58, was on October 4 elected
unopposed as the BCCI President for a
second time after a gap of four years
and vowed to clean up the mess in the
Cricket Board by announcing a slew of
reforms to restore the credibility of the
game. The reforms announced by him
includethe appointment of an ombudsman to deal with
contentious issues like conflict of interest.
DecrepitBCCI
Agenda
The Nagpur lawyer has vowed to make BCCIs
functioning transparent and root out the conflict of
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October 2015-Issue-I
THE GENESIS
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PERSONS IN NEWS: Former India captain SouravGanguly, 43, was appointed the president of the Cricket
Association of Bengal (CAB), following the death of JagmohanDalmiya in September. Former Sri Lankan cricketer
RoshanMahanama (49), who has refereed in 58 Tests, 222 ODIs and 35 T20Is to date, has decided to step down from
the elite panel of ICC match referees at the end of the year. Former England cricketer Brian Close, who made his debut
against NZ in 1949 and went on to play 22 tests, passed away on September 14 at the age of 84.
TENNIS
India fail to enter Davis Cup World Group: Czech Republic
defeated hosts India 3-1 in the Davis Cup World Group Play-off tie in New
Delhi in September when Yuki Bhambri lost to Jiri Vesely 3-6, 5-7, 2-6 in
the fourth match of the best of five tie. The inconsequential fifth match was
not played. Bhambri had lost the first match to Lukas Rosol 2-6, 1-6, 5-7.
SomdevDevvarman levelled the tie 1-1 by beating Jiri Vesley 7-6(3), 6-4, 63 in the second match. Czechs went 2-1 up when their doubles pair of Adam
Pavlasek&RadekStepanek beat Leander Paes& Rohan Bopanna 7-5, 6-2, 6-2
in the third match. The result means that India will remain in the AsiaOceania Group 1 for next years competition
while the Czechs regained their place in the elite-16 nation World Group.
Belgium to face Britain in Davis Cup final: Hosts Belgium entered the Davis Cup final by defeating Argentina
3-2 in the semi-final 3-2 in Brussels while Britain got the better of Australia 3-2 in Glasgow to set up title clash in
November. While David Goffin (2 singles) and Steve Darcis (1 singles) won for the Belgians, Argentinas wins came
from Leonardo Mayer (Singles) and Carlos Berlocq and Leonardo Mayer (Doubles). At Glasgow, Andy Murray won 2
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October 2015-Issue-I
THE GENESIS
17
Singles and the Doubles with his brother Jamie. Australias two wins came from Bernard Tomic and Thanasi Kokkinakis
in Singles.
BADMINTON
Korea Open: Indias Ajay Jayaram lost in the final of BWF World Superseries
Korea Open Badminton to World No.1 Chen Long of China Jayaram 21-14, 21-13 at
Seoul in September. Other title winners were South Koreas Sung Ji Hyun in
Womens Singles, South Koreans Lee Yong-Dae&YooYeon-Seong in Mens
Doubles, Indonesian pair GreysiaPolii&Nitya Kris Maheswari in Womens Doubles
and Chinas Zhang Nan & Zhao Yunlei in Mixed Doubles.
MISC: SainaNehwal presented her racquet, with which she became the first Indian
to win a silver medal at the Badminton World Championships, to Prime Minister
Narendra Modi on the occasion of his birthday (September 17) in New Delhi. Sports
equipment manufacturer Yonex founder Minoru Yoneyama was conferred the Badminton World Federations highest
honour - the Presidents Medal - for his truly exceptional contribution to the sport in Tokyo in September. The Sports
Ministry has included womens badminton doubles players JwalaGutta&AshwiniPonnappa in the TOP (Target
Olympic Podium) scheme which provides funding for training in preparation for Rio Olympics 2016.
FOOTBALL
The Indian football team has climbed up a place to occupy 155th spot in the latest FIFA rankings released in September
while Copa America runners-up Argentina continued to be at the top ahead of Belgium, in second position, and thirdplaced World Champions Germany. The 2022 Football World Cup in Qatar will start on November 21 and finish on
December 18. FIFA confirmed in September. Mizorams Government Chawngfiang Middle School lifted the 56th
Subroto Cup Sub-Junior(Under-14)Boysfootball trophy, beating Esteqalal School from Afghanistan 3-2 in the final at
Ambedkar Stadium in New Delhi in September. Former India footballer and member of the 1962 Asian Games gold
medal winning squad Prashanta Sinha passed away in Kolkata on September 22 at the age of 77.
EVENTS
The Olympic Council of Asia has included Kurash, a folk wrestling style practiced in Central Asia, in the sport program
of the 2018 Asian Games in Indonesia at its General Assembly meeting in Ashgabat, Turkmenistan in September.
Veteran Indian sports administrator Randhir Singh stood down as Secretary General of the Olympic Council of Asia
after occupying the post for 24 years. The South African city of Durban has officially been announced as host of the 2022
Commonwealth Games in September by the Commonwealth Games Federation (CGF) while the 2018 Games will be
held at Australias Gold Coast.
MISC
LevonAronian of Armenia won the Sinquefield Cup Chess tournament in St. Louis
(USA) while Indias ViswanathanAnand finished ninth in September. Indias
Spaniard Borja Golan defeated Indias SauravGhosal 11-6, 11-4, 10-12, 11-5 in the
final to win the USD 35,000 CCI Open Squash Championships in Mumbai in
September. Indian Air Force (IAF) beat Army XI 21 to lift the 24th All India
Baba Farid Gold Cup hockey title at Faridkot in September. Formula 1 team
Ferraris Sebastian Vettel won the Singapore Grand Prix race at Marina Bay on
September 20 followed by Red Bulls Daniel Ricciardo in second and his Ferrari
team-mate KimiRaikkonen in the third spot.PankajAdvani won the IBSF World Billiards Championship by beating
beat Singapores Peter Gilchrist by 1168 points in the final at Adelaide (Australia) in September.JyotiGawate and
Bhanupratap Singh won the Womens and Mens races respectively at the Airtel Hyderabad Marathon on August 30.
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THE GENESIS
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CBDT issue guidance notes on FATCA implementation: Central Board of Direct Taxes (CBDT) has
issued guidance notes on implementation of reporting requirements for the US law FATCA. Under Foreign Account Tax
Compliance Act (FATCA), foreign financial institutions that fail to give information about their American clients to US
authorities would face 30 per cent withholding tax. The Inter-Governmental Agreement (IGA) between India and US,
signed as part of FATCA implementation, requires the Indian FIs to provide necessary information to Indian tax
authorities, which will then be transmitted to the US automatically.
Economic growth down to 7% in April-June quarter: The GDP growth slowed to 7% in the April-June
quarter of 2015-16, from 7.5% in the January-March quarter of 2014-15, according to data from the Central Statistics
Office (CSO). Meanwhile the fiscal deficit in the first four months of current financial year stood at Rs 3.85 lakh crore,
or 69.3% of Budget estimates for 2015-16, as government stepped up its expenditure. The fiscal deficit during April-July
2014-15 was 61.2% of the Budget estimates. The fiscal deficit -- gap between expenditure and revenue -- for the entire
current fiscal has been pegged at Rs 5.55 lakh crore, or 3.9% of the GDP. The fiscal deficit was Rs 5.01 lakh crore, or 4%
of GDP, in 2014-15.
TRAI proposes compensation to consumers for calls drops: Telecom Regulatory Authority of India,
TRAI has proposed that service providers should compensate mobile subscribers for call drops and poor quality of
services. The Telecom regulator released a paper, stating that any call which gets dropped within five seconds would not
be charged, and in case a call gets dropped any time after five seconds, the last pulse of the call should not be included
for the purpose of charging. TRAI Chairman Ram Sewak Sharma also floated a consultation paper seeking public view
on the proposal.
Spectrum trading allowed: The Government approved telecom spectrum trading norms in September, allowing
mobile operators to buy or lend airwaves from one another. The telecom companies will now be able to trade un-utilised
spectrum, in all bands. Spectrum trading will be allowed only between two access service providers. Only outright
transfer of right to use the spectrum from the seller to the buyer shall be permitted. This will be is especially helpful for
those companies that had bid and won airwaves but couldnt expand their customer base. The move is likely to ease the
recent spurt in call drops.
Defence industrial licence validity extended: To improve ease of doing business and boost defence
manufacturing, government decided to increase the validity of industrial licence to 15 years with a provision to further
extend by up to 18 years. The Commerce and Industry Ministry said in September that this is being done in view of the
long gestation period of defence contracts to mature. Currently, the initial validity of industrial licence for defence sector
is seven years, further extendable up to 10 years. In 2014, the government raised the foreign direct investment policy in
the defence sector to 49 per cent, from the earlier 26 per cent.
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Business Biography
Fred DeLuca: Food fiesta
The sandwich shop opened by him at the age of 17 to help pay for college after graduating high school has
grown into one of the worlds largest fast food franchisees
StartingSubway
DeLuca was born in Brooklyn on October, 3, 1947 to
Salvatore and Carmela Ombres DeLuca. His father was a
factory worker.After he graduated from high school in
Bridgeport Connecticut, DeLuca had planned on
becoming a doctor. That was why he started the sub shop
with Buck to support his college education.
He only opened up the sandwich store after his job at a
hardware store failed to provide him enough wages to pay
for school. I knew nothing about making sandwiches, nor
the food industry, DeLuca recalls in his bookStart Small
Finish Big: Fifteen Key Lessons to Start and Run
Your Own Successful Business.
It wasnt intended to support me forever, DeLuca, who
gave up plans for a medical career and received a degree
in psychology from the University of Bridgeport in 1971,
wrote in his book. At a family barbecue Buck, a family
friend and nuclear engineer with General Electric, and
DeLuca talked shop about the sandwich venture.Buck
provided start-up money and became a full partner. Thats
when DeLuca rented a small store for $165 a month in
downtown Bridgeport where he built a takeout counter
and opened on August 28, 1965 and sold a various
assortment of Italian subs.
His first sandwich shop, named Petes Submarines to
acknowledge the loan Buck, was not a success. Its name
had to be changed after his local radio advertisements,
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Legacy
Today Subway has more locations (44,268) than
McDonalds(36,000) and KFC (18,000)combined.
The gregariousDeLuca was hands-on chief executive,
personally signing company checks, making corporate
decisions, traveling the country in an old car and stopping
at Subway outlets incognito to sample the food and
service and talk with franchise owners and customers.
In a statement, the company said DeLuca was an
extremely ambitious businessman and bright and
analytical thinker who thought of Subways worldwide
workforce as members of his extended family.He was
always very proud of the work of his HQ staff, the
statement said, and thousands of developers, franchisees,
Sandwich Artists, suppliers and partners who he often and
affectionately called The Greatest Team in Franchising
History.
While DeLucas success story was often portrayed as
inspirational, Subways extraordinary growth was
achieved with aggressive, sometimes questionable, tactics
and despite sometimes unflattering publicity.
Subways business tactics drew lawsuits, government
investigations, run-ins with regulatory agencies, disputes
with landlords and complaints by franchisees of being
misled or defrauded. Over the years, the fast food giant
settled many claims, paid fines and reviewed and
modified some of its business practices. But it also
produced thousands of success stories among franchise
owners, many with no previous commercial experience,
who profited from the companys training, marketing and
guidance.
October 2015-Issue-I
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Global Innovation Index: India has slipped to 81st position in the Global Innovation Index (GII) 2015 report, a
decline by five positions as compared to 2014. Switzerland topped the GII followed by the United Kingdom and Sweden
securing number two and three positions respectively. The GII, co-published by Cornell University, INSEAD and the
World Intellectual Property Organisation (WIPO), surveyed 141 economies around the world, using 79 indicators to
gauge both innovative capabilities and measurable results. Confederation of Indian Industry (CII) was a knowledge
partner in the initiative.
BrandZ Top 50 Most Valuable Indian Brands: HDFC Bank Ltd retained its top position in a list of Indias
50 most valuable brands released in September. The bank has a brand value of $12.6 billion, according to the BrandZ
rankings compiled by research agency Millward Brown and commissioned by WPP. Airtel is No: 2 followed by State
Bank of India, ICICI Bank Ltd and Asian Paints Ltd. The valuation methodology combines financial data with the
perceptions of Indian consumers.
Fortunes Most Powerful Women in Business: PepsiCo CEO IndraNooyi is the sole Indian-origin executive
in Fortunes list of 50 Most Powerful Women in Business, which has been topped by General Motors CEO Mary Barra.
India-born Nooyi is ranked 2nd on the list. The list also includes IBM CEO GinniRometty on the third rank, Facebook
COO Sheryl Sandberg on 8th, and Yahoo CEO Marissa Mayer at 18th.
Fortunes Most Powerful Women in Asia-Pacific: Indian Bankers have been ranked as top two in a list of
most powerful women in Asia Pacific prepared by the global magazine Fortune. ChandaKochhar, 53, who heads the
countrys largest private sector lender ICICI Bank has been ranked at the top. She is followed by Arundhati
Bhattacharya, the Chairperson of the countrys largest lender State Bank of India. State-run oil marketing company
Hindustan Petroleum Corporations CMD Nishi Vasudeva made it to the list at fifth rank. Countrys third largest private
sector lender Axis Banks MD & CEO Shikha Sharma comes in at the ninth spot in the list.
HAPPENINGS
GM fined $900 million over faulty ignition switches: General Motors Co on September 17, 2015 agreed to
pay $900 million and admit to misleading the government and the public about the safety of its vehicles to end a U.S.
criminal investigation into its handling of defective ignition switches linked to 124 deaths. The ignition switch defect
caused some Chevrolet Cobalts, Saturn Ions and other GM vehicles to stall, preventing airbags from deploying during
crashes.
Wipro to provide ambulances for Delhi: The AAP government signed an MoU with tech giant Wipro in
September for procuring and maintaining 110 modern ambulances, besides setting up and operating a modern control
room, under its Home to Hospital Care Scheme to provide free ambulance services in the national capital.
HCL, Wipro get contracts from EPL clubs: Wipro bagged contract to become a digital partner of a English
Premier Leagues Chelsea Football Club as its official digital and IT partner in September. Also HCL Technologies,
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October 2015-Issue-I
THE GENESIS
21
bagged a three-year contract to enable Manchester United in the clubs digital transformation journey. As part of this,
HCL would create a United Xperience Lab to be housed within Old Trafford stadium. Meanwhile Infosys signed a deal
with ATP, the governing body for professional mens tennis, to become the Global Technology Services Partner and
Platinum Sponsor of the ATP World Tour.
Sony, BBC to set up Sony BBC Earth: Multi Screen Media Private Ltd, part of Sony Corporation, has entered
into a joint venture with BBC Worldwide to set up Sony BBC Earth -- a new premium factual channel -- in India. Sony
BBC Earth will combine information and entertainment in real surroundings and would cater to Indian audiences looking
for thrill and adventure of exploring natural environments. MSM comprises of Sony Entertainment Television, Sony
MAX, SAB, Sony Pix and AXN, among others.
Bharat Dynamics test fires Amogha: Bharat Dynamics Limited (BDL) announced that it had successfully testfired an indigenously developed second generation, 2.8 km range, anti-tank guided missile called Amogha-1. The test
firing was carried out on September 10 at Babina Army Range in Madhya Pradesh.
Federal Brands sues Levis India over Live In jeans: Federal Brands, the owner of Live In jeans, has filed a
suit against Levis India for infringement of copyright and sought damages of Rs 75 crore after the US apparel company
launched a global marketing campaign - the Live In Levis Project. The suit is listed in the Bombay High Court,
according to the courts website. The Indian denim maker sought the courts intervention to stop Levi Strauss & Co from
using the prefix Live In.
PERSONSINNEWS
APPONTMENTSPublic Sector: State-run power equipment maker Bharat Heavy Electricals Ltd (BHEL)
appointed AtulSobti as its next chairman and managing director in September. Durgapur Steel Plants CEO P.K. Singh
was appointed new Chairman of the Steel Authority Of India Ltd (SAIL) in October. D.K. Likhi was appointed Chairman
and Managing Director of Hyderabad-based Mishra Dhatu Nigam Limited, a Mini Ratna PSU under the Defence
Ministry, in September. Prabhat Kumar Singh took over as the new Managing Director and CEO of Petronet LNG Ltd,
Indias biggest liquefied natural gas importer, in September.
BRAND AMBASSADORS: World No. 1 ranked Badminton player SainaNehwal has been roped in as the brand
ambassador of Edelweiss Financial Services which has Rashesh Shah as its Chairman & CEO. Hollywood star Hugh
Jackman has landed a new role as a global ambassador for his native Australias national airline Qantas.
OTHERSI: Kumar Mangalam Birla has purchased the iconic Jatia House in the plush Malabar Hill area in
Mumbai for a whopping Rs 425 crore -- making it the priciest property deal in the megapolis. Cyrus Poonawalla,
chairman of paediatric vaccine maker Serum Institute of India belonging to the Poonawalla Group, has purchased
Lincoln House at Breach Candy in South Mumbai for a whopping Rs 750 crore from the US government in September.
OTHERSII: Paul Polman, the CEO of Unilever, is the winner of this years United Nations Champions of the Earth
Award in the Entrepreneurial Vision category in September. Fred DeLuca, the CEO and co-founder of Subway who
helped build his sandwich shops into the worlds largest restaurant chain, died at age 67 on September 14.
SanjeevBikhchandani, founder and promoter of Info Edge, which runs portals naukri.com and jeevansathi.com, has
transferred 12,900 personal shares to employees in September.
LAUNCHES
GADGETS: Apple announced the launch of 12.9 inch iPad Pro, the largest iPad Apple has ever made, along with
iPhone 6S, iPhone 6S plus in September. Micromax subsidiary Yu unveiled its 4G device Yuniquepriced at Rs 4,999 on
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October 2015-Issue-I
THE GENESIS
22
e-commerce portals in September. Domestic handset-maker Lava launched the Pixel V2 smartphone at a price of
Rs.10,750 in September. Samsung launched phabletGalaxy Note 5 starting at Rs. 53,900. Indian handset-maker Intex
Technologies launched Aqua Glam - a new smartphone exclusively for women - at a price of Rs.7,690 in September.
Micromax co-founder Rahul Sharmas Yu Televentures has launched a portable printer called YUPix compatible with
Android and iOS smartphones and priced at Rs 6999. Motorola launched smartphone Moto X Play for Rs 18,499 in
September. Philips Lighting has launched its Philips Hue web-based LED lighting solution, which allows users to
control home lighting anytime, anywhere, in India. Navigation technology company MapmyIndia launched a match box
size equivalent GPS enabled tracking device, SafeMate, in September that continuously transmits the live location of
person to be tracked on mobile phone and computer.
AUTOMOBILES: Automaker Fiat Chrysler Automobiles (FCA) plans to roll out Jeep brand next year in India. The
company plans to showcase Jeep in the Auto Expo in 2016; both Grand Cherokee and Wrangler brands would be
launched. Tata Motors-owned Jaguar Land Rover launched its latest SUV, the seven-seaterDiscovery Sport in
September in four variants with a starting price of Rs 46.1 lakh. Mahindra & Mahindra (M&M) launched compact SUV
TUV300 at an introductory price starting at Rs 6.9 lakh in September as it aims to take on the likes of Ford EcoSport and
Renault Duster. Maruti Suzuki India launched a limited edition version of its popular model WagonR, named Avance,
with prices starting at Rs 4.30 lakh in September. Mercedes-Benz launched its new sub-brand Maybach inIndia.
FINANCIAL SERVICES: Axis Bank launched LIME, a mobile phone application offering wallet, shopping,
payments and banking facilities in September. Public sector lender Indian Bank launched IndPay, a mobile application
service that enables its customers to operate bank accounts from anywhere, anytime, in September. Infosys launched two
new financial products -- Finacle Payments Bank and Finacle Small Finance Bank solutions -- to tap opportunity in the
newly announced payments banks segment in September. SBI Card rolled out an online specific credit card branded
SimplyCLICK in association with seven partners including Amazon India, BookMyShow and Cleartrip in September.
FOOD: Gujarat Cooperative Milk Marketing Federation (GCMMF), the owner of brand Amul, re-launched its wheyprotein based sports drink Stamina in PET bottles in September to compete with Gatorade of PepsiCo, Glucon D
Isotonik of Heinz India and Lucozade from Glaxo SmithKline. Coca-Cola is rolling out its Fuze range of tea, a $1 billion
global brand, in India in a move aimed at widening its portfolio of healthier beverages to compete with Hindustan
Unilevers Lipton ice tea, which is sold in a tie-up with PepsiCo. Creating a new category of branded sugar to expand its
portfolio, E.I.D. Parry (India) Ltd has launched Parrys Amrit in September.
E-COMMERCE: E-commerce giant Amazon.in announced expansion of its consumer electronics store in India in
September with the launch of AmazonBasics. Times Group launched a realty and property news channel Property
Now in September. Union Petroleum and Natural Gas Minister Dharmendra Pradhan on August 30 launched Sahaj, the
online release of new liquefied petroleum gas (LPG) connections, through the portal mylpg.in.
HOTELS & FMCG: Budget hotels marketplace OYO Rooms has launched a new brand called OYO WE, a
Womens Exclusive for women travelers with all-women staff and special amenities for women. Luxury chain ITC
Hotels was the first to conceptualize Eva rooms exclusively for women travellers in the 1990s. Arvind Lifestyle signed
deal to launch cosmetics brand Sephora owned by LVMH Moet Hennessy Louis Vuitton in India in September.
MERGERS&ACQUISITIONS
FOOD: The Minneapolis-based General Mills, which owns brands like, agreed to sell its Green Giant and Le Sueur
vegetable businesses to B&G Foods Inc for about $ 765 million in cash in September. FMCG major Hindustan Unilever
Ltd (HUL) sold the bread and bakery business under Modern brand to Everstone Groups Nimman Foods Pvt Ltd for
an undisclosed sum in September.
VEHCILES: Hero Cycles bought Delhi-based Firefox Bikes in September for an undisclosed sum to expand its
presence in the countrys premium cycle market. JK Group announced a deal to acquire BK Birla flagship firm Kesoram
Industriestyre manufacturing plant at Haridwar for up to Rs 2,200 crore in September.
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October 2015-Issue-I
THE GENESIS
23
Cyber Buzz
Office2016launched: Microsoft has released its
latest Office 2016. Microsoft had
added real-time co-editing to its Web
apps in 2013. It has now added it to
the desktop app so the users can
collaborate without opening their browser. Skype for
Business is now incorporated into the apps so the users
can video chat, instant message or share files within
documents themselves. Also, Office 2016 has added
search and integrates with Cortana to provide contextual
results. The users can ask about their calendar for the day,
search in documents and more. Outlook now with a new
Office 365 Groups feature allows the users to see shared
inboxes, calendars and notebooks within the app and the
app has received a big performance bump for live
search which is much faster. In addition, a new app,
Office 365 Planner is included with Office 2016 which is
a task tracking style app for getting projects done on time.
Jawboneintroducesnewdevices: US-based
Jawbone has introduced three new devices, priced
between Rs 4,999 and Rs 14,999, that will be available
through e-commerce firm Amazon. The company said its
UP app and Smart Coach system can help people better
understand their health and well-being by tracking sleep,
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October 2015-Issue-I
THE GENESIS
24
PSLVC30placesAstrosatinorbit
October 2015-Issue-I
THE GENESIS
25
RECENT RELEASES
ForgingCapitalisminNehrusIndia
NoRegrets
The
prospects
for
industrial development
in the early years of
independent india were
plagued by a number of
interrelated
issues.
indian industrialists of
the post-independence
era had either evolved
from the ranks of
merchants
and
moneylenders of the
colonial period or from
wartime speculators and
hoarders. in general,
their interests lay in
short-term speculative gains rather than in sustained
industrial growth.
But thats not all. Years later, Ghosh enters the portals of
the State Bank of India as its chairman, at a time when
the stirrings of change have just begun to be felt in the
Indian economy. Anticipating the future, he goes for a
paradigm shift: to rid profit of its dirty word tag and
place it at the core of the banks operating strategy.
Gradually, he takes SBI into the capital markets,
establishes its credit standing globally, launches Indias
first mutual fund and, above all, cajoles the trade unions
into accepting full computerization.
Post-retirement, Ghosh steps into the corporate world.
During this period he deals with scarcely veiled threats
from a mighty corporate house and even finds himself
verbally assaulted by the promoter of an erstwhile bank.
In between, the could-have-been-academic tills the soil
for certain reputable management institutes (IIM-L) to
bloom and grow even as he sets up the credit rating
agency, ICRA.
Full of untold stories, No Regrets is an honest-togoodness account of a glorious career spanning over six
decades and covering some epochal events whose
reverberations continue to be felt in the corridors of
bureaucracy, banking and business to this day.
An authority in banking and financial history, D.N.
Ghosh was associated with the evolution of banking in
India for over three decades as a policy maker and as
administrator.
October 2015-Issue-I
THE GENESIS
26
Group Discussion
BCCI must be brought under government regulation
FOR
AGAINST
When there was calls for bringing the BCCI under the
purview of the Right to Information Act, senior ministers
manning top positions in the Board opposed the move
tooth and nail. As a first step in the cleansing operation,
the government has to intervene and the BCCI should be
immediately brought under the RTI.
The accounts of the BCCI must be subjected to
independent audit. The Board has been known to have
evaded tax and violated RBI norms on Foreign Exchange
Management Act.
The action for reform is unlikely to come from the state
cricket associations which are at the beck and call of the
Board that that has been doling out huge sums money to
them annually for development of the sport in their
respective states. Their spending has never been subjected
to any scrutiny. At least six state associations are battling
charges under the Prevention of Corruption Act.
Obviously, these associations cannot think of opposing
the BCCI which shields them from any blame.
The BCCI selects players to represent India, and it uses
the countrys flag and anthem. It discharges functions that
are normally carried out by a sovereign state. Yet, it
refuses to play by the rules. Who has given it such
privileges?
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October 2015-Issue-I
THE GENESIS
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ACROSS
49. Undistinguished descendants of the great (7)
50. Ex-India all-rounder Salim _ (6)
51. Adorn with precious stones (5)
52. Feeling concern or interest about (6)
DOWN
1. Delayed bodily effects due to long journey by plane? (3.3)
2. Sacred painting, mosaic, etc. in an orthodox church (4)
3. Put to use or make use of (7)
5. Alleviate, diminish or ease (7)
6. Collected or piled up (7)
8. Simple and natural? (7)
9. Abound or surround in great numbers (4)
10. More friendly, informally speaking? (6)
11. An excessive accumulation of serous fluid (6)
12. Played quickly (music) (6)
19. Palindromic Indian language (9)
20. Person or thing one particularly dislikes? (4,5)
22. Madras city as it is now called (7)
24. Barred as born a year or two too soon? (7)
DOWN
25. Dried, evaporated or ventilated? (5)
26. Yellow fever bug (5)
28. Frequently (3)
30. In-flight entertainment (3)
34. Pagan (7)
35. Not belonging to us? (6)
36. Travesty (7)
37. A highly poisonous substance (7)
38. Great numbers or religious ceremonies? (6)
39. Russian empress (7)
40. Implored or beseeched (6)
41. Oh my _feet: my legs are paining a lot? (6)
45. Mid-East VIP (4)
46. Lines or curves satisfying a given geometric condition (4)
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October 2015-Issue-I
THE GENESIS
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Do you remember?
(All questions based on content of previous issue; Answers on page No: 30)
1. Who
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
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21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
October 2015-Issue-I
THE GENESIS
41.
42.
43.
44.
45.
46.
47.
48.
49.
50.
51.
52.
53.
54.
55.
56.
57.
29
58. International Day for the Preservation of the Ozone
59.
60.
61.
62.
63.
64.
65.
66.
67.
68.
69.
70.
71.
72.
73.
74.
75.
76.
77.
78.
79.
80.
81.
October 2015-Issue-I
THE GENESIS
tennis in September?
Who won the Mens Doubles title at the US Open
tennis in September?
Who won the Womens Doubles title at the US Open
tennis in September?
Who won the Mixed Doubles title at the US Open
tennis in September?
Who won the F1 Italian Grand Prix at Monza circuit
on September 6?
The Commonwealth Youth Games were organised at
which Pacific Island country in September?
Which is the only non-European city in the list of five
shortlisted by the IOC for 2024 Olympic Games?
30
89. Which Chinese city was named host of the 2022 Asian
Games in September?
won the 26th Asia Womens Basketball
Championship in Wuhan (China) in September?
Which regulator merged with SEBI from September
28?
Who is the head of the Seventh Central Pay
Commission?
JagmohanDalmiya was elected the President of BCCI
for the first time in in which year?
Which economist is the author of An Upstart in
Government?
Which economist is the author of The Country of
First Boys?
90. Who
91.
92.
93.
94.
95.
Matthias Mueller
Ferdinand Porsche
5 years
Maharashtra
Control
of
Organised Crime Act
50
Air Force
SashaktYuvaSamarth Bharat
NCPCR
West-Central Railway
Justice (retd.) A.P. Shah
NitinGokhale
Sir M. Visvesvaraya
September 15
September 1 to 7
National Humanities Medal
Om Thanvi
Rajiv Mehrishi
ITPO
Raghav Chandra
IGCAR, Kalpakkam
IARI, New Delhi
AERB
Goa
Sculptor
TajMahal
East Champaran
Dashrath
Virbhadra Singh
OommenChandy
SardarSarovar
Narmada
Nigam Ltd
Madhya Pradesh
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32.
33.
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49.
50.
51.
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53.
54.
55.
56.
57.
58.
59.
60.
61.
62.
63.
Gujarat
Ansal brothers
Wheeler Island
Kerala
Harish Rawat
Rajasthan
Assam
Mufti Mohammad Sayeed
Swarupa
K. Chandrasekhar Rao
Kerala (Kochi)
TarunGogoi
Kalinga International Film
Festival
Ankara
Switzerland
Eastern
Palestine
Mistral
Able Response 15
Shaheen (Eagle)-4
Indonesia
Tiananmen Square
Mount McKinley
September 5
September 12
September 15
September 16
September 18
September 21
September 24
September 27
September 28
October 2015-Issue-I
64.
65.
66.
67.
68.
69.
70.
71.
72.
73.
74.
75.
76.
77.
78.
79.
80.
81.
82.
83.
84.
85.
86.
87.
88.
89.
90.
91.
92.
93.
94.
95.
September 29
Oliver Sacks
South Korea
China
Wayne Dyer
Mozambique and Sri Lanka
Chile, Slovakia, Madagascar
Zia Haider Rahman
Keith Rowley
Hostage
Otto Perez Molina
Chandra BahadurDangi
Wes Craven
Kenya, Jamaica, USA
0
Ashton Eaton (USA) in
Mens Decathlon
Floyd Mayweather
Novak Djokovic (Serbia)
FlaviaPennetta (Italy)
Pierre Herbert, Nicolas Mahut
Martina Hingis, SaniaMirza
Leander Paes, Martina Hingis
Lewis Hamilton (Mercedes)
Apia, Samoa
Los Angeles
Hangzhou
Japan
FMC
Justice A K Mathur
2001
ArunMaira
AmartyaSen
THE GENESIS
31
a) Bang &Olufsen
b) Bose
c) Harman
d) Blaupunkt
8. Which of the following is not matched correctly?
a) Bolt, Zest Tata Motors
b) Grand Cherokee, Wrangler Ford
c) Ciaz Maruti Suzuki
d) Camaro General Motors
9. Which of the following agreed to sell its 19.9% stake
in Suzuki Motor Corp valued at $3.8 billion following a
decision from arbitrators in August-end?
a) Toyota
b) Ford
c) General Motors
d) Volkswagen
10. Cheerios, Betty Crocker and Pillsbury are brands
marketed by which foods MNC?
a) Cargill
b) GroupeDanone
c) ConAgra
d) General Mills
11. Indian IT company Wipro bagged a contract to
become a digital partner of which English Premier
League club in September?
a) Liverpool
b) Manchester United
c) Arsenal
d) Chelsea
12. Nishi Vasudeva is the CMD of which PSU?
a) BPCL
b) ONGC
c) GAIL
d) HPCL
13. Finacle is the core banking solution of ___.
a) Wipro
b) TCS
c) Infosys
d) Tech Mahindra
14. Which Maharatna PSU selected AtulSobti as its next
chairman and managing director in September?
October 2015-Issue-I
THE GENESIS
32
a) BPCL
b) SAIL
c) NTPC
d) BHEL
a) Luminous
b) Kent RO Systems
c) Ion Exchange
d) Eureka Forbes
portalwas
started
by
October 2015-Issue-I
THE GENESIS
b) ICICI Bank
c) HDFC Bank
d) Kotak Mahindra Bank
29. Which social networking portal released its live
streaming app called Mentions for journalists in
September?
a) Twitter
b) Instagram
c) Google+
d) Facebook
30. Which is the energy drink brand marketed by Glaxo
SmithKline in India?
a) Stamina
b) Isotonik
c) Gatorade
d) Lucozade
31. HT Media Executive Director BenoyRoychowdhury
was appointed as the Chairman of which of the following
in September?
a) Press Council of India (PCI)
b) Directorate of Advertising & Visual Publicity (DAVP)
c) Advertising Agencies Association of India (AAAI)
d) Advertising Standards Council of India (ASCI)
32. Which of these luxury automobile brands is not
owned by Volkswagen group? It is owned by Fiat group.
a) Bentley
b) Bugatti
c) Maserati
d) Lamborghini
33. Which Indian company launched compact SUV
TUV300 in September?
a) Force Motors
b) Mahindra & Mahindra
c) Tata Motors
d) Ashok Leyland
34. Who launched Fuze Tea brand in India in September?
a) PepsiCo
b) Starbucks
c) Coca Cola
d) Nestle
35. Property Now is a real estate channel launched by
Which of the following in September?
a) Bloomberg
b) Zee Group
c) Times Group
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33
October 2015-Issue-I
THE GENESIS
34
47. Who acquired Firefox Bikes in September?
a) Atlas Cycles
b) Hero Cycles
c) Avon Cycles
d) TI Cycles
Answer Key
1.
2.
3.
4.
5.
6.
7.
8.
9.
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12.
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45.
46.
47.
48.
49.
50.
Point-Counterpoint
to the US
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October 2015-Issue-I
THE GENESIS
Sudoku
35
(Solution below)
II
Solutions
CROSSWORD
SUDOKU I
SUDOKU II
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October 2015-Issue-I
THE GENESIS