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Germany
wins Hockey Champions Trophy beating Pakistan
Germany won the Hockey
Champions Trophy beating Pakistan 2-0 in the final held in the
Kalinga stadium in Bhubaneswar, Odisha on Sunday. Germany scored in
the 18th And 56th minute to win the trophy for the tenth time.
Germany had last won the title in 2007. Pakistan entered the finals
after beating India in the semi-final.
Reliance
ADAG sells Big Cinemas to Carnival group
Corporate
> Media > Dec 15
The Anil Ambani owned
Reliance Group sold its multiplex venture – 'Big Cinemas' to
Carnival Group, a south India based company. The deal is set to make
Carnival Group the third largest multiplex operator in the country
and reduce Reliance Capital's debt by 700 crores. The deal is a part
of the Reliance Group's strategy to exit minority investments. Big
Cinemas was one of the largest cinema chains with more than 250
screens across India.
Miss
South Africa Rolene Strauss crowned Miss World
World
> Miss
World > Dec 15
South African beauty queen,
Rolene Strauss, was crowned as Miss World at the annual event held in
London this year. The 22 year old medical student beat contestants
from 121 countries to win the coveted title. The runner-up and the
second runner-up awards were bagged by Hungary's Edina Kulcsar and
the United States' Elizabeth Safrit respectively. Miss India, Koyal
Rana, finished in the top ten, and managed to win the sub-title of
'Best Designer of the world' and shared the 'Beauty with a Purpose'
title with Kenya, Guyana, Brazil and Indonesia.
Others
Bhutan
becomes 181st member of MIGA, agency of World Bank
World
> Bhutan > Dec 10
Bhutan on 8 December 2014
became the 181st member of Multilateral Investment Guarantee Agency
(MIGA). MIGA is the political risk insurance and credit enhancement
arm of the World Bank Group. It aims to promote foreign direct
investment (FDI) into developing countries to help support economic
growth, reduce poverty, and improve people's lives. MIGA consists of
total of 177 member Governments, out of which 152 are developing and
25 are industrialised countries. Being a member of MIGA can help
investors obtain access to external commercial borrowing (ECB) with
improved financial terms and conditions. A member can also apply to
MIGA for issuance of guarantee to attract Foreign Direct Investment
(FDI).
New
UN head for Ebola mission appointed
World
> Ebola > Dec 12
United Nations
Secretary-General Ban Ki-moon appointed Ismail Ould Cheikh Ahmed of
Mauritania as the new head for United Nations Mission for Ebola
Emergency Response (UNMEER). The Ghana based Ebola mission will have
a second chief after the departure of its former chief Anthony
Banbury. The mission was established in September this year to combat
Ebola virus, which has been termed as the deadliest virus and has
already killed 6,533 and infected 18,118 people mainly in three West
African countries - Sierra Leone, Liberia and Guinea.
15th
Indo-Russian bilateral summit held at New Delhi
India
>
Indo-Russian
Summit > Dec 12
Russian president Vladimir
Putin visited New Delhi to attend the 15th Indo-Russian bilateral
summit in response to an invitation by Indian Prime Minister Narendra
Modi. Both the countries signed 20 different agreements in the fields
of nuclear energy, oil and gas, health, investment, mining, media and
wind power. The two countries also agreed to boost bilateral
economies by boosting investments in trade and energy cooperation.
India assured that Russia would be its primary defence partner,
although no formal agreement could be reached. Russia too expressed
its interest in the Delhi-Mumbai industrial corridor, and offered to
set up investment negotiations between India and the Eurasian Union.
National
Energy Conservation Day observed on the 14th of December
India
> Energy
Conservation > Dec 14
National Energy Conservation
day was observed throughout the country on the 14th of December. The
day is celebrated every year on the 14th of December by the Bureau of
Energy Efficiency (BEE). BEE had also introduced an act in the year
2001 called as the Energy Conservation Act, which serves to fulfil
the purpose of minimum usage of resources with maximum utilisation
while avoiding wastage. The Ministry of Power, Government of India,
gave awards to various companies from different sectors of the
industry for creating benchmarks in energy conservation.
IOC
tops Fortune 500 list of Indian companies for 2014 with highest
revenue
Corporate
> Fortune
500 list of Indian Companies > Dec 15
The Fortune 500 list of
Indian companies for 2014 has ranked state-run Indian Oil Corporation
(IOC) as the country’s largest company in terms of revenue. Indian
Oil Corp (IOC) had an annual revenue of Rs 5, 00,973 crore. Mukesh
Ambani-led Reliance Industries Ltd's (RIL) has been placed second
with a full-year revenue of Rs 4,44,021 crore. Bharat Petroleum,
Hindustan Petroleum and Tata Motors have been ranked third, fourth
and fifth respectively. Others in the top 10 list include State Bank
of India, ONGC , Tata Steel , Essar Oil) and Hindalco Industries
which figure in the list in that order. The government companies have
posted a 6.6 percent growth while private companies have grown by
10.2 percent. Foreign-owned companies have posted a 25.5 per cent
revenue growth.
Anerood
Jugnauth becomes new Mauritius PM
World
> Mauritius > Dec 15
84 year-old Mauritius
politician Sir Anerood Jugnauth won a landslide 47 out of 62 seats in
the Mauritian parliamentary elections to become the prime minister of
the country. The veteran politician has earlier held the posts of
prime minister from 1982-1995 and 2000-2003 and that of the president
from 2003-2012. Due to Mr. Jugnauth's stellar performance in the
polls, his centre right alliance Lepep has come into power, while the
coalition of the ruling party and the former opposition, Mauritian
Militant Movement (MMM) managed only 13 seats. The parliamentary
polls were crucial in the wake of a row over the debate of
constitutional reforms, mainly the proposal to strengthen
presidential powers.
Viswanathan
Anand wins London Chess Classic title
Sports
> Chess > Dec 15
Five-time chess world
champion, Viswanathan Anand, won his maiden London Chess Classic
title defeating British Grandmaster Michael Adams in the fifth and
final round on Monday.
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