DAILY FREE CURRENT AFFAIRS 12 AUG 2015 (DAILY NEWS INDIA)

DAILY CURRENT AFFAIRS: 12 AUG 2015

(Daily News India)

Shared By: WWW.DailyGk.IN

1.  SANIA’S NAME RECOMMENDED FOR KHEL RATNA

i.  Multiple Grand Slam Champion Sania Mirja’s name is recommended for this year’s Rajiv Gandhi Khel Ratna Award.

ii.  The Rajiv Gandhi Khel Ratna award  is India’s highest honour given for achievement in sports

iii. It is given by the Ministry of Youth Affairs and Sports.

2. ‘FAST TRACK’ ROUTE FOR SHARE SALES NOTIFIED BY SEBI:

i.   Securities Exchange Board of India (SEBI) notified ‘fast Track route’ for share sales through a follow on public offer.

ii.  According to the new norms firms with public share holders  stock worth Rs 1000 crore will now eligible to this route.

iii.  Currently the minimum requirement for this route is 3000 crore

-       SEBI is the regulator for the securities market in India.

-       Established in  1988.

-       Head of SEBI- U.K Sinha

-       Headquarter of SEBI – Mumbai

-       Follow on Public Offer (FPO): is a technique by which a company, which is already listed on an exchange, issues new shares to the investors or the existing shareholders, usually the promoters.

3.  PANKAJ ADVANI CLINCHED WORLD TITLE

i.  Indian Snooker player Pankaj Advani, grabbed his 13^th world title after winning 6-Red Snooker Championship in Karachi.

ii.  Pankaj Advani defeated China’s Yan Bingtao in the Final.

4. ‘PREM BHATIA AWARD’ TO SUHASINI HAIDER

i.  The Prem Bhatia Award is awarded to Suhasini Haider for the best political reporting

ii.  Suhasini Haider is working with ‘The Hindu’ as diplomatic and Strategic Affairs editor.

    The Prem Bhatia Memorial Trust avails two Scholarships every year for Indian Journalists between the age of 25 & 40 for research in Media related subjects, which are topical and relevant to the Indian Scene.

5.  GOVERNMENT TO INFUSE RS 70000 CRORE IN PUBLIC SECTOR BANKS

i. The Indian Government proposes to infuse Rs 70000 crore in Public Sector Banks in next 4 years.

ii.  The Government proposes to allocate Rs 25000 crore in 2015-16

 Finance Minister- Arun Jaitely

   India has 27 Public Sector Banks

6.  DR. M VEERAPPA MOILY HONOURED WITH ‘SARSWATI SAMMAN’:

i. President Pranab Mukherjee presented Saraswati Samman to Dr Marpadi Veerappa Moily.

 ii.  The award is given to him for his work on Epic Sri Ramayana Mahanveshanam written in Kannada language.

7.  KOCHI TO JOIN WORLD TOURISM CITIES FEDERATION COUNCIL:

i.   Kochi became first city of India to join world tourism cities federation as its member.

 ii. world tourism cities federation (WTCF) is a international group of tourism cities.

iii.  The aim of WTCF is to promote cooperation between its members in the development of       tourism.

Headquarters of WTCF: Beijing in China

8. Sundar Pichai is new CEO of Google

  i.  India-born Sundar Pichai was named CEO of Google  by the company's founders Larry Page and Sergei Brin in course of a re-organization that created a mother company called Alphabet.

ii.     Google is an American multinational technology company .