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Indiabulls Housing Finance appoints former RBI DG S S Mundra as non-executive chairman
Media mogul Sumner Redstone dies at 97
- Sumner Redstone, who built a media empire from his family’s drive-in movie chain, has died. He was 97.
- Redstone built the company through aggressive acquisitions, but many headlines with his name focused on severed ties with wives, actors and executives.
Vodafone India Foundation launches portal on digital literacy
- Vodafone India Foundation, the CSR arm of mobile service provider Vodafone Idea, on Wednesday launched a portal to help marginalised communities become digital literate and self-reliant.
- The portal, Digisakshar.org, which has been developed in partnership with IT and business consulting services firm CGI and NASSCOM Foundation, was launched at a virtual event.
Sebi slaps Rs 25 lakh fine on entity for fraudulent trading activities
- Capital markets regulator Sebi has imposed a penalty of Rs 25 lakh on Yochana Vyapaar Pvt Ltd for indulging in fraudulent trading in illiquid stock options segment on the BSE.
- Trading activities of certain entities in the illiquid stock options segment on the exchange had come under the scanner of the watchdog, which conducted an investigation for the April 1, 2014 to September 30, 2015 period.
Kerala Guv and CM to visit Rajamala landslide region tomorrow
Kerala Governor Arif Mohammad Khan and State Chief Minister Pinarayi Vijayan to visit Pettimudi, Rajamala landslide region in Idukki district tomorrow: Chief Minister’s office
Kolkata airport gets Mobile Command Post vehicle
- A Mobile Command Post(MCP) vehicle, fitted with specialised equipment, has been commissioned by the Kolkata airport to handle emergency situations in a more efficient manner.
- The customised vehicle was commissioned on April 30 as part of the Airports Authority of India’s efforts for better coordination during exigencies, the N S C Bose International Airport said in a statement on Tuesday.
Telcos evolving into digital networks a positive sign
– R S Sharma, Trai chief
Punjab govt distributes free smartphones to class 12 students
The Congress-led dispensation in Punjab rolled out the much-awaited smartphone scheme in the state on Wednesday, with distributing free mobile handsets to some class 12 students of government schools.
Covid-19: Air India to close down its stations in Vienna, Milan, Madrid, Copenhagen, & Stockholm
In view of COVID19, Air India (AI) has decided to close down its stations in Vienna, Milan, Madrid, Copenhagen, & Stockholm. AI would immediately initiate action for closure in consultation with local lawyers & advise the timelines by which the stations will be closed: Air India
Bengaluru Violence: DM to hold inquiry
It has been decided that a district magistrate will hold an inquiry into the incident. So far, 146 people have been arrested: Karnataka Home Minister Basavaraj Bommai on Bengaluru violence
Any qualification obtained in PoJKL shall not entitle a person to practice Modern Medicine in India: MCI
Any qualification obtained from medical colleges located in Pakistan Occupied Jammu-Kashmir and Ladakh (PoJKL) shal… https://t.co/6ugePezrqZ
— ANI (@ANI) 1597234090000
Five killed as bus catches fire in Karnataka
- At least five people, including three children, were charred to death and many others sustained burns when a Benglauru bound bus they were travelling in caught fire on a national highway in Chitradurga district on Wednesday morning.
- According to police sources, there were 32 people in the vehicle.
Karnataka govt will deal with rioters with iron hand: Minister
- Terming the violence in the city as a ‘well planned act,’ Karnataka Revenue Minister R Ashoka on Wednesday said the ‘traitors,’ who perpetrated the riots would be dealt with an iron hand and steps would be taken to ensure that such incidents do not recur.
- Speaking to reporters after meeting Congress MLA Akhanda Srinivasa Murthy at Vidhana Soudha here, Ashoka said, “The manner in which the riots were perpetrated shows that it was a well planned act and was intended to spread to other parts of the city.
Competitive industry needed to make India ‘Atmanirbhar’
– Suresh Prabhu
Delhi police ASI dies, constable injured as roof of building collapses
A 49-year-old Assistant Sub-Inspector of Delhi Police died and his colleague was injured when the roof of a building in north Delhi where they gone as part of a tenant verification drive collapsed, officials said on Wednesday.
Pune Ammunition Factory sends first consignment of 40 mm UBGL production to BSF
Ammunition Factory Khadki, Pune sent the first consignment of 40 mm UBGL Ammunition production yesterday to Border… https://t.co/pinvw6QIs9
— ANI (@ANI) 1597233131000
CPI for July will be released tomorrow
CPI for the month of July 2020 will be released on 13th august 2020 at 5:30PM due to gazetted holiday on 12th August 2020.
Treat degrees in vocational subjects on par with other bachelor degrees
– Delhi govt to Centre
3 terrorist associates arrested, Rs 5 lakhs recovered: J&K police
Three terrorist associates arrested today, they were involved in terror-funding activities and working with different terrorist outfits in Northern districts of Kashmir. Rs 5 lakhs recovered from their possession: Jammu & Kashmir Police
Isuzu partners with TASL for vehicle services chain
Japanese utility vehicle maker Isuzu Motors on Wednesday said it has partnered with TVS Automobile Solutions (TASL) to allow its dealer partners in India to become franchisees of the multi-brand vehicle services chain, MyTVS, of the latter.
HC reserves verdict on pleas against TRAI’s new tariff order
- The Bombay High Court on Wednesday reserved its verdict on a bunch of petitions filed by television broadcasters challenging the Telecom Regulatory Authority of India’s new tariff order.
- A bench of Justices Amjad Sayed and Anuja Prabhudessai is now likely to pronounce its verdict on August 24.
- Solicitor General Tushar Mehta, who appeared for Telecom Regulatory Authority of India on Wednesday, gave the bench an oral assurance that TRAI would defer implementation of its new tariff order till August 25 and will not take any coercive steps against the broadcasters till then.
J&K: Security personnel injured as militants fire at patrol party in Baramulla
A security force personnel sustained injuries on Wednesday as militants opened fire on a patrol party in Baramulla district of Jammu and Kashmir, officials said.
Saif, Kareena announce arrival of second child
- Bollywood star couple Saif Ali Khan and Kareena Kapoor Khan on Wednesday said they are expecting their second child.
- The duo announced the pregnancy in an official statement, thanking well wishers for their support.
Riot was planned: CT Ravi, Karnataka Minister on Bengaluru violence
Riot was planned. Petrol bombs & stones were used in destruction of property. Over 300 vehicles were burnt. We have suspects but can only confirm after investigation. We will do asset recovery from rioters like in Uttar Pradesh: CT Ravi, Karnataka Minister on Bengaluru violence
Sensex snaps 4-day winning run, falls 37 pts; Nifty settles above 11,300; IFCI, IDFC rally up to 20%
Sundram Fasteners Ltd consolidated Apr-June net loss at Rs 25.43 cr
Sundram Fasteners Ltd on Wednesday said it has recorded a consolidated net loss of Rs 25.43 crore for the quarter ending June 30, 2020 following the unprecedented challenges bought by the COVID-19 pandemic during the period.
Chennai Air Customs seized 5210 ecstasy pills, 100 gms MDMA crystals at Rs 1.65 crores
Chennai Air Customs seized 5210 ecstasy pills, 100 gms MDMA crystals, & meth powder valued at Rs 1.65 crores under… https://t.co/6ROgfYCgWp
— ANI (@ANI) 1597227609000
Odisha declares class 12 Science results, pass percentage dips
Results of the class 12 Odisha board exams for the Science stream were announced on Wednesday and 70.21 per cent of the total 97,373 candidates were declared successful.
Tripura govt introducing neighbourhood classes for students who can’t study online
- The Tripura government has decided to start neighbourhood classes for school students, mostly in remote areas, who do not have television sets or mobile phones, an official said on Wednesday.
- The classes will begin from August 20.
- After the lockdown started from March, the state government had introduced virtual classes through cable TV networks and android phones so that the students could be engaged in the process of learning.
‘PM SVANidhi’: Govt receives over 5 lakh loan applications from street vendors
- The government has received over five lakh applications under the ‘PMÂ SVANidhi’ scheme which aims to provide street vendors loans of up to Rs 10,000 to restart their business post the COVID-19 lockdown, according to an official statement issued on Wednesday.
- The Union Housing and Urban Affairs Ministry said the PM Street Vendor’s AtmaNirbhar Nidhi scheme has generated considerable enthusiasm among the street vendors.
Over 100 patients received Convalescent Plasma in 1.5 months: SKIMS, Srinagar
In a short span of 1.5 months more than 100 COVID-19 patients received Convalescent Plasma at Sheri-Kashmir Institute of Medical Sciences (SKIMS). Thanking the donors, SKIMS Director Dr. A.G Ahangar has directed to issue a certificate of appreciation to warriors: SKIMS, Srinagar
National hockey camps to resume on August 19 despite 6 COVID-19 cases
The training camps for India’s national hockey teams will go ahead as scheduled from August 19 in Bengaluru despite half a dozen men’s team players, including skipper Manpreet Singh, being hospitalised after testing positive for COVID-19.
Complete ban on departmental transfers and leave till Sept 30, 2020: Govt of Punjab
In view of the rising cases of coronavirus in Punjab, State Health & Family Welfare Minister, Balbir Singh Sidhu has issued orders for complete ban on departmental transfers and leave till September 30, 2020, with immediate effect: Government of Punjab
Worldwide coronavirus cases cross 20.41 million, death toll at 742,207
Rajasthan episode has destroyed myth that BJP and its theatrics cannot be beaten. Horse-trading politics of BJP has been defeated.
– Congress leader Adhir Ranjan Chowdhury
Unacademy to bid for IPL’s title sponsorship
- The education technology company is eyeing the league’s title sponsorship rights.
- It is already one of IPL’s sponsors.
- Unacademy has picked up the bid papers
- Vivo, which annually paid Rs 440 crore, dropped out as title sponsor this year due to the Sino-India border stand-off.
- The BCCI is now looking at a lesser value — between Rs 300 to 350 crore — for a period of four months and 13 days.
- The official said Unacademy is a part of IPL’s central sponsorship pool with other companies like Dream11 and Paytm.
Asia’s FIFA WC Qualifiers postponed to next year.
Sri Lanka’s new Cabinet sworn in
- Sri Lanka’s new Cabinet, including four members of the ruling Rajapaksa family, took oath on Wednesday.
- President Gotabaya Rajapaksa retained the Defence Ministry.
- Prime Minister Mahinda Rajapaksa was assigend key finance portfolio.
- The Cabinet took oaths in the presence of President Gotabaya and his elder brother Mahinda in the central town of Kandy.
- Mahinda’s elder son, Namal Rajapaksa has been named the Minister of Youth Affairs and Sports – a first time Cabinet position since he entered parliament in 2010.
- The eldest brother of the President, Chamal Rajapaksa holds a Cabinet ministry in addition to being the state minister of internal security.
- His son, Shasheendra Rajapaksa has also been given a state ministry.
- One of the main features in the Cabinet is that while the veteran politician Dinesh Gunawardena has been re-named the foreign minister, a new state ministry of regional cooperation affiliated to the foreign ministry has been created.
The Rajapaksa led Sri Lanka People’s Party (SLPP) won a landslide in the parliamentary election held last week by winning record 145 seats in the 225-member parliament.
UK plunges into deep recession
- The UK economy plunged into a deep recession as it shrank 20.4 per cent between April and June.
- UK Chancellor Rishi Sunak admitted that it indicated that the “hard times” had warned about are here and that many more jobs will be lost.
- It marks the first time in 11 years that the UK has tipped into a recession.
Recession is defined by two consecutive three-month periods of falling GDP.
Former President Pranab Mukherjee continues to be critical
- “Shri. Pranab Mukherjee’s health condition continues to remain critical. Presently he is haemodynamically stable and on a ventilator,” a statement from the hospital said.
- He was admitted to the hospital in Delhi cantonment on August 10 and was operated for removal of a clot in the brain.
Bridging gender digital divide in India
- Reliance Foundation has forged a new partnership with US Agency for International Development and W-GDP.
- The partnership was announced at a Women’s Global Development and Prosperity (W-GDP) event hosted by Deputy Secretary of State of the United States Stephen Biegun.
- The W-GDP Women’s Connect Challenge (WCC) supports private sector-led approaches that close the gender digital divide, expands business opportunities, and empowers women.
- As part of programme, W-GDP will partner with the Reliance Foundation to create an India-specific expression of the WCC and incorporate the lessons of previous W-GDP WCC Rounds.
Reliance Foundation is the philanthropic arm of Reliance Industries Ltd.
Tax evasion by cement manufacturer
- The GST intelligence officials have detected over Rs 17 crore tax evasion by a major cement manufacturer in Satna
- One of its directors have been arrested.
- Multiple searches were conducted in Madhya Pradesh and Uttar Pradesh from August 5 to August 11 at various premises belonging to the cement manufacturer located at Maihar, Satna and their registered dealers and distributors.
When the unemployment rate in India is at an all-time high of 24%, unemployment rate in Bengal reduced by 40%.
– Mamata Banerjee
- The Chinese gaming and social media giant said second-quarter net profit rose 37%.
- The world’s largest gaming firm by revenue booked a 33.1 billion yuan ($4.76 billion) profit for the three months through June.
- That was ahead of an analyst average estimate of 27.56 billion yuan, according to data from Refinitiv.
- Revenue rose 29% to 114.88 billion yuan, versus market expectations of 112.76 billion yuan.
It is a moment of pride for Indians and TamilNadu especially, as Kamala Harris, the first Indian senator, whose mother hails from Tamil Nadu has been nominated as the Vice Presidential candidate by the US Democratic party.
– O Panneerselvam
- Two Light Combat Helicopters (LCH) produced by Hindustan Aeronautics Limited have been deployed for operations at high altitude (Leh sector).
- It is the lightest attack helicopter in the world.
- LCH is a potent weapon platform because of its state-of-the-art systems and highly accurate weapons that are capable of hitting any type of target by day or night, according to HAL.
Rupee settles 5 paise lower at 74.83 (provisional) against US dollar.
Deutsche Bank’s growth plan in India
- The German lender announced a capital infusion of Rs 2,700 crore into its India operations for expansion across segments.
- This is the second time in less than two years that the bank has infused money, after the Rs 3,800 crore investment in early 2019.
Local operations consist of 17 branches.
Death toll in Rajamala landslide rises to 54 after two bodies were recovered. 16 people are still missing: Idukki District Collector
Plea in SC seeks commission for inquiry into mismanagement of pandemic
- The Supreme Court is scheduled to hear on Friday a plea which has sought a direction to the Centre to appoint a commission, headed by a retired apex court judge, for inquiry into the alleged mismanagement of the COVID-19 pandemic in the country.
- The petition has alleged that the Centre failed to undertake timely and effective measures for containing transmission of the virus and an independent inquiry by a commission, appointed under the Commissions of Inquiry Act 1952, was essential to inquire into the “lapses”.
- As per the cause list uploaded on the apex court website, the plea, filed by six petitioners including retired bureaucrats, is scheduled to come up for hearing on August 14 before a bench headed by Justice L Nageswara Rao.
Riot-hit areas of Bengaluru’s Pulakeshinagar resemble war zone
- Areas under Pulakeshinagar assembly constituency here resembled a war zone on Wednesday, hours after after an unruly mob went on a rampage torching vehicles, irked over a ‘communally sensitive’ social media post allegedly by put up by a relative of a Congress MLA.
- Charred vehicles, shards of glass from broken windows, stones and bricks lie strewn over the deserted roads of the violence-affected localities.
- Earlier, three people were killed in police firing and scores of others wounded, including at least 50 policemen in the violence and arson that erupted in the city on Tuesday night and continued till the wee hours of Wednesday.
Former President Pranab Mukherjee’s health condition continues to remain critical. Presently he is haemodynamically stable & on a ventilator: Army Research & Referral (R&R) Hospital, Delhi Cantt
Sans proper data Russian COVID-19 vaccine’s efficacy, safety unknown: CCMB Chief
- The efficacy and safety levels of the vaccine developed by Russia for treating COVID-19 patients is not predictable in the absence of data, a top official of the CSIR-Centre for Cellular and Molecular Biology said on Wednesday.
- His remarks come in the backdrop of Russian President Vladimir Putin’s announcement that his country has developed the world’s first vaccine against coronavirus.
- Director of CCMB, Rakesh K Mishra said if people are “lucky” then the Russian vaccine will work.
SC considers starting few physical courts from next week
- A Committee of seven judges, constituted by the Chief Justice of India, convened a meeting on Tuesday, and discussed several issues, including whether physical courts can start or not, the Supreme Court Advocates On Records Association (SCAORA) said.
- “The judges’ Committee is seriously considering to start at least 2-3 physical courts from the next week and in the meantime, the Registry would take necessary steps to prepare the courts for physical functioning,” the SCAORA said in a statement.
- The Presidents of SCBA (Supreme Court Bar Association), SCAORA and Bar Council of India (BCI) Chairman, had also attended the Committee meeting held yesterday.
Brussels region makes face masks compulsory
- The wearing of face masks in public is compulsory in the Brussels region from Wednesday, regional authorities announced, as Belgium battles one of the most serious coronavirus outbreaks in Europe.
- Face masks were already required in most closed public spaces since July 11 for people aged 12 and over.
- The measure was extended in the 19 municipalities of the Brussels region after the threshold of 50 daily cases per 100,000 people was crossed, the regional government said in a statement.
SC seeks response from Centre on plea to ban disinfection tunnels
- The Supreme Court has sought response from the Centre on a PIL seeking an immediate ban on use, installation, production and advertisement of disinfectant tunnels set up to curb the spread of coronavirus.
- A three-judge bench of Justices Ashok Bhushan, R Subhash Reddy and M R Shah issued notices to the Ministry of Health and Family Welfare, Ministry of Science and Technology and Ministry of Agriculture and Farmers Welfare while seeking their replies.
- “Issue notice to respondent Nos. 1 to 3…Counsel for the petitioner may serve a copy of the petition in the office of the Solicitor General, who may obtain instructions. List the matter after two weeks,” the bench said.
I think it was a planned riot. Within an hour of a post on social media thousands of people gathered & damaged 200-300 vehicles & MLA’s residence. We’ll take serious action. It was an organised incident. SDPI is behind it
– Karnataka Minister CT Ravi on violence in Bengaluru
Fielding coach of Rajasthan Royals, Dishant Yagnik tests positive for COVID-19. He is now quarantining himself for 14 days, in line with BCCI protocols.
China eases travel restrictions for Europeans
- China has eased entry restrictions for nationals from 36 European countries, months after thousands were left stranded when the country closed its borders and slashed flights to slow the spread of the coronavirus.
- Almost all foreign nationals were forbidden from entering the country when Beijing imposed the measures in March, even those with Chinese work or residence permits or family living in the country.
- But this week China said it would relax some of the bureaucratic requirements for Europeans hoping to re-enter.
Bengaluru Violence: Muzamil Pasha, an SDPI leader has been arrested by Police
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