Here’s the current affairs round-up for this week:
1. Global satellite to be named after Abdul Kalam
A global satellite for earth observation and disaster risk reduction — GlobalSat for DRR — proposed under the UN framework is to be dedicated to A.P.J. Abdul Kalam as a tribute to the vision of the celebrated rocket scientist and former Indian president who died July 27.
More Details: The Hindu
2. Joshna Chinappa wins Victorian Open for 10th professional title
Joshna Chinappa upstaged second seed Line Hansen in straight games to win the USD 15,000 Victorian Open squash competition for her 10th WSA title.
More Details: Times of India
3. PM attends first National Handloom Day celebrations
The Prime Minister, Shri Narendra Modi, said that handlooms can be a tool to fight poverty, just as swadeshi was a tool in the struggle for freedom. He was speaking at the celebrations of the first National Handloom Day in Chennai.
More Details: Business Standard
4. Salman, Akshay, Amitabh in Forbes Top 10 highest-paid actors list
Bollywood superstars Amitabh Bachchan, Salman Khan and Akshay Kumar feature in the top 10 highest-paid actors in the world list.
More Details: Indian Express
5. Beijing Defeats Almaty in Bid to Host 2022 Winter Olympics
One of the strangest Olympic bidding races in recent memory came to a surprising end Friday when Beijing, which staged the Summer Games seven years ago, was awarded the rights to the 2022 Winter Games, setting up the Chinese capital to become the first city to host both versions of the Games in more than a century of Olympic history.
More Details: New York Times
6. Thomas Cook acquires Kuoni’s travel biz in India, Hong Kong for ₹535 cr
Billionaire investor Prem Watsa-backed Thomas Cook (India) Ltd has acquired Kuoni Group’s travel businesses in India and Hong Kong for ₹535 crore.
More Details: Hindu Business Line
7. Govt mulls the ‘money Bill’ route to end Upper House logjam
The continuous logjam in the Upper House where the Opposition is in a majority has prompted the government to “seriously contemplate” converting some Bills to money Bills. Under Articles 108-111 and 117 of the Constitution, a money Bill does not require the assent of the Rajya Sabha for its passage.
More Details: Hindu Business Line
8. Nestle India reassessing brand Maggi
Nestle India, which has been in the thick of a controversy with its Maggi noodles, is reassessing all aspects of the brand, including the ingredients used.
More Details: Hindu Business Line
9. Airtel launches 4G service across India
The world’s third-largest telecom operator, Bharti Airtel, on Thursday became the first to launch 4G services in 296 towns across the country.
More Details: Hindu Business Line
10. Mumbai Metro: R-Infra, govt set for a showdown
With the Anil Ambani group firm, Reliance Infrastructure seeking a Rs 1,000 crore government bailout for operating Mumbai Metro services to recover its costs, the experience of private sector companies in providing Metro services is fast turning out to be a nightmare and brings to the sharp focus the differences between the government and private sector players over capital costs and cost overrun.
More Details: Business Standard
