Current Affairs Update – 19th October, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 19th October, 2015. These are Important for the upcoming IBPS PO Mains and IBPS Clerk 2015.

Banking/Industry
ICICI Bank leads in
mobile banking transactions

  • ICICI Bank, India’s largest private sector lender, has
    outpaced its peers to record the highest number of mobile banking transactions.
  • According to Reserve Bank of India (RBI) data, in July this
    year, the lender recorded transactions worth Rs 6,885.36 crore, higher than any
    other bank.
  • In June, too, ICICI Bank had recorded the highest amount of
    transactions via mobile at Rs 6,160.18 crore.
  • Earlier, the top slot was occupied by HDFC Bank, which
    currently holds the second position, followed by Axis Bank and then State Bank
    of India.
  • ICICI Bank’s aggressive growth in the mobile banking space
    is in line with the ambitious target that it had laid out earlier this year to
    grow its mobile banking transactions five-fold in FY16, compared to the last
    financial year.
  • In FY15, transactions worth Rs 16,000 crore were recorded
    via the bank’s mobile banking platform, which the lender wants to grow to Rs
    80,000 crore in FY16.

Infosys announced to
acquire Noah Consulting for 70 Million US dollars

  • India’s second largest software services exporter Infosys
    Ltd on 19 October 2015 announced a definitive agreement to acquire Noah
    Consulting, LLC. The acquisition, an all cash deal, is worth 70 million US
    dollars.
  • This acquisition is part of Infosys’ strategy to bring next
    generation data analytics solutions to the oil and gas industry
  • This acquisition combines Noah’s deep industry knowledge,
    information strategy planning, data governance and architecture capabilities
    with Infosys’ ability to provide technology and outsourcing services on a
    global scale to oil and gas clients.
  • Noah Consulting is a leading provider of advanced
    information management consulting services for the oil and gas industry and
    John Ruddy is the President of the firm.

India
IRCTC launches pilot
project on ‘e-catering’ service

  • The Indian Railways Catering and Tourism Corporation (IRCTC)
    has launched a pilot project of a ‘station-based e-catering’ service allowing
    passengers to order meals as per their choice, which will be delivered at
    stations from popular private caterers.
  • In the first phase of the project, all trains passing
    through 45 specified railway stations, including nine in the east zone, namely
    Howrah, Sealdah, Guwahati, New Jalpaiguri, Patna, Bhubaneswar, Visakhapatnam,
    Kharagpur and Mughalsarai have been named.
  • The other stations under this project are namely, New Delhi,
    Allahabad, Kanpur Central, Lucknow, Varanasi, Chennai Central, Mumbai Central,
    Delhi, Bangalore city, Madurai, Amritsar, Thiruvananthapuram Central,
    Chandigarh, Gorakhpur, Varanasi, Jaipur, Bilaspur, Anand Vihar, Hazrat
    Nizamuddin, Ludhiana, Secunderabad, Tirupati, Vijayawada, Chennai Egmore,
    Ernakulam, Kozhikode, Thrisur, Yasvantpur, Nagpur, Pune, Agra Cantt, Gwalior,
    Jhansi, Bhopal, Ahmedabad, Surat and Vadodara.

Swadhar Greh scheme
approved by Haryana Government for women in distress
  • The Haryana Government on 18 October 2015 approved Swadhar
    Greh scheme, which will assure economic and social security to women in
    distress. The scheme aims at creating a supportive institutional framework
    catering to their primary needs in difficult situations.
  • The scheme will work upon providing basic amenities, such as
    shelter, food, clothing and health along with economic and social security to
    women in distress.  Also, the scheme will
    make sure that the special needs of these women are taken care of. 
  • Under the scheme, Swadhar Greh will be set up in every
    district with capacity to accommodate 30 women.
  • The Greh will cater to the needs of shelter, food, clothing,
    medical treatment and care of the women in distress.

Union Government
extended stock limits on pulses to four categories of stocks
  • The Union Ministry of Consumer Affairs, Food and Public
    Distribution on 18 October 2015 extended stock limits on pulses to four
    categories of stocks that were exempted under the order issued in September
    2015.
  • The four categories of stocks are-pulses sourced from
    imports, stocks held by exporters, stocks to be used as raw-materials by
    licensed food processors and stocks of Large Departmental Retailers.
  • The extension of stock limits is aimed at easing supply side
    pressures on pulses by checking hoarding activities.
  • In September 2015, a Central Order was issued under the
    Essential Commodities Act, 1955 imposing stock limits on pulses, edible oils
    and edible oil seeds for one year up to 30 September 2016.

Appointments
Gurjit Singh India’s
New Envoy to Germany

  • Senior diplomat Gurjit Singh has been appointed as India’s
    Ambassador to Germany, succeeding Vijay Gokhale.
  • Singh, a 1980-batch Indian Foreign Service officer, is
    currently serving as India’s Ambassador to Indonesia.
  • Gokhale is set to take over as Indian envoy in Beijing from
    Ashok Kantha.
  • Singh had served in Indian Missions in Tokyo, Colombo,
    Nairobi, Rome and was India’s Ambassador to Ethiopia.
  • Before becoming the envoy to Indonesia, he was Additional
    Secretary in-charge of Africa at the Ministry of External Affairs here.
  • The bilateral ties between India and Germany are on an
    upswing and both sides have resolved to expand ties in a range of key areas
    including trade and defence during Chancellor Angela Merkel’s three-day visit
    here earlier this month.

Housing.com appointed
Mani Rangarajan as CFO
  • Realty giant Housing.com on 18 October 2015 appointed Mani
    Rangarajan as its Chief Financial Officer (CFO). The appointment was made to
    strengthen its senior management team.
  • Rangarajan holds over 20 years of experience and has
    successfully played executive level roles in companies such as Yahoo! and
    Citigroup. He also played vital roles in many Silicon Valley start-up
    companies, like Boku, Kosmix and Media Boost.
  • Rangarajan obtained an MBA degree from the Stanford
    University’s Graduate School of Business. He also received a post graduate
    management diploma from IIM Calcutta and is also a Cost & Works Accountant.

Baichung Bhutia
appointed as AIFF’s Advisor
  • All India Football Federation (AIFF) on 18 October 2015
    appointed the former India Football captain Baichung Bhutia as the advisor for
    overall issues of the game and the Federation.
  • Bhutia is already the chairman of the AIFF’s technical
    committee.
  • The former India Football captain will be advising the
    Federation on improving the National Team’s performance and will also help in
    the development of the squad for the 2017 FIFA U-17 World Cup. He will also
    advice on the licensing criteria of State FAs, development of Clubs and all
    other domestic Competitions, both men and women and across all age groups.

Alkesh Kumar Sharma
is Delhi-Mumbai Industrial Corridor MD,CEO

  • Senior bureaucrat Alkesh Kumar Sharma is the new Chief
    Executive Officer and Managing Director of Delhi Mumbai Industrial Corridor
    (DMIC) Development Corporation, a USD 90-billion government-sponsored
    infrastructure project with aid from Japan.
  • The 2006-incepted DMIC is setting up industrial zones across
    six states to spur development in Delhi, Uttar Pradesh, Haryana, Rajasthan, Gujarat
    and Maharashtra, it said.
  • DMIC was chaired by Mr Amitabh Kant, who is also the
    Secretary, Department of Industrial Policy and Promotion.
  • Sharma’s earlier tenure as the Director of Kerala Tourism
    during 2001 to 2004 saw the State consistently topping the national tourism
    awardees. Also, Kerala State Industrial Development Corporation turned into one
    of the highest profit-making enterprises when he was its managing director for
    three years from 2009.

Sports
Saketh Myneni of
India won 2015 Vietnam Open Tennis Trophy

  • India’s tennis player Saketh Myneni on 18 October 2015 won
    the Vietnam Open tennis trophy in the men’s singles category. In the title
    clash, he defeated Australia’s Jordan Thompson 7-5 6-3.
  • In the men’s doubles category, he, along with other Indian
    Sanam Singh, ended runner-up after losing the final 6-1 3-6 8-10 to Tristan
    Lamasine and Nils Langer of France and Germany respectively.
  • For Myneni, this is his first singles ATP Challenger title
    of the 2015 season and the second overall singles title at the Challenger
    level.

Novak Djokovic won
2015 Shanghai Rolex Masters tennis title

  • World Number 1 ranking Novak Djokovic on 18 October 2015 won
    the 2015 Shanghai Rolex Masters tennis title in the men’s singles category.
  • To clinch the title, the top seeded Serbian player defeated
    Jo-Wilfried Tsonga 6-2 6-4 in the final match held in Shanghai, China.
  • It was the third Shanghai title for Djokovic in four years,
    having defeated Andy Murray (the UK) and Juan Martin del Potro (Argentina) in
    the 2012 and 2013 finals respectively.
  • In early 2015, Djokovic joined Roger Federer and Rod Laver
    as the only men in the Open era to reach all four major finals. His only defeat
    came in the final of the French Open against Stan Wawrinka of Switzerland.

FIFA suspended Kuwait
Football Association
  • Zurich-based Fédération Internationale de Football
    Association (FIFA) on 16 October 2015 suspended Kuwait Football Association
    (KFA) with immediate effect.
  • It was banned because of interference of the government
    officials in the running of the sports by the KFA.
  • The suspension will be lifted only when the KFA and its
    members (the clubs) are able to carry out their activities and obligations
    independently.
  • As a result of this decision and in accordance with the
    Paragraph 3 of Article 14 of the FIFA Statutes, no team from Kuwait of any sort
    (including clubs) can have any international sporting contact, and neither the
    KFA nor any of its members or officials can benefit from any development
    programme, course or training from FIFA or the Asian Football Confederation
    (AFC).

World
Apple ordered to pay
$234 million to University of Wisconsin for infringing patent
  • The federal court in Madison, Wisconsin of the USA on 16
    October 2015 ordered Apple Inc to pay more than 234 million US dollars in
    damages to the University of Wisconsin-Madison’s patent licensing arm-WARF.
  • The damages were in lieu of incorporating its microchip
    technology into some of the company’s iPhones and iPads without permission.
  • However, the amount was less than the 400 million US dollars
    as demanded by the Wisconsin Alumni Research Foundation (WARF) as the jury
    observed that the Apple had not willfully infringed WARF’s patent.
  • In January 2014, the WARF filed a case against the Apple
    alleging infringement of its 1998 patent on a “predictor circuit,”
    developed by a team led by Indian-origin computer science professors Gurindar
    Sohi and Terani Vijaykumar.

Books
& Authors –
Smita Patil: A Brief
Incandescence by Maithili Rao launched

  • The book titled Smita Patil: A Brief Incandescence authored
    by Maithili Rao was launched on 18 October 2015.
  • The book, which was launched on Smita Patil’s 60th birth
    anniversary, acquaints the readers with a remarkable journey of the short-lived
    actress. It traces the journey of the actress from her childhood to stardom.
    The book shows glimpses of Patil’s controversial marriage and untimely tragic
    death.
  • The book also throws light on Patil’s several unfortunate
    forays into mainstream commercial cinema.
  • In addition, the book offers a sharp analysis of some best
    movies of the New Indian Cinema, including Bhumika, Mandi, Manthan, Umbartha,
    Bhavni Bhavai, Akaler Sandhane, Chakra, Chidambaram, Mirch Masala.

Obituaries
Renowned Egyptian
writer Gamal al-Ghitani died

  • Renowned Egyptian novelist and journalist Gamal al-Ghitani
    died on 18 October 2015 in Cairo, Egypt. He was 70.
  • Al-Ghitani was born on 9 May 1945 in Gihena, Egypt. He began
    writing at a young age. His first short story was published when he was only
    14.
  • For critically commenting on the regime of Gamal Abd
    el-Nasser, the second President of Egypt, Al-Ghitani even faced imprisonment
    from October 1966 through March 1967.
  • Al-Ghitani also worked as a journalist for the Egyptian
    newspaper Akhbar El Yom (The Day’s News) in 1969. He was also the
    editor-in-chief of the literary periodical Akhbar Al-Adab (Cultural News) from
    1993 to 2011.

               
Noted Telugu Comedian
Kallu Chidambaram Dead
  • Veteran Telugu comedian Kolluru Chidambaram passed away at a
    private hospital here today following illness. He was 67.
  • The comedian, popular as Kallu Chidambaram, acted in nearly
    300 Telugu movies.
  • The actor is survived by wife, two sons and two daughters.
  • Born on August 8, 1948, Chidambaram was a native of
    Vizianagaram.
  • A retired civil engineer with Visakhapatnam Port Trust, he
    acted in movies like  Kallu (his debut
    film), Money Chanti, Kondaveeti Donga, Ammoru and many more.

Actress Pat Woodell
Dead at 71
  • Actress Pat Woodell has has died after she lost her longtime
    battle with cancer at the age of 71.
  • The star passed away on September 29 at her home in
    Fallbrook, California, according to The Hollywood Reporter.
  • Woodell began her career in 1962, appearing in an episode of
    Cheyenne. She went on to feature in several TV shows, including Hawaiian Eye,
    The Munsters and 77 Sunset Strip, but will perhaps be best remembered for her
    role as Bobbie Jo Bradley in 1960s series Petticoat Junction.
  • She made her film debut in 1971’s The Big Doll House, but
    retired from acting in 1973.



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