Sunday, August 11, 2013

Current Affairs 11th August 2013

Subramanian Swamy’s Janata Party Merges with BJP

Mr. Sharma officially announced that Subramanian Swamy’s Janata Party Merges with BJP (Bharatiya Janata Party). Before taking this decision Mr. Sharma had conducted a meeting with Mr.Rajnath Singh, BJP President, Arun Jaitley (Senior Party Leader), Nitin Gadkari (Former BJP Chief).

National Food Security Ordinance approved by Arunachal Pradesh Cabinet

National Food Security Ordinance approved by Arunachal Pradesh Cabinet. This will be implementing from August 20th. Initially this will start in the places Tawang, Lower Subansiri, Koyu, Kangkhu, Nampong, Namtok, and Vijaynagar. People who are lying below the poverty line will be beneficial.

Rs.18.6 crores profit to Aurobindo Pharma

In the first quarter Aurbindo Pharma has achieved net profit of Rs.18.6 crores. Revenue increased to Rs.1699 crores as against Rs.1197 crores in 2012-13. In the first quarter of last financial year company suffered with net loss of Rs.129 crores.

Rs.28 % Net Profit increase to Godrej Industries

AB Godrej, Chairman of Godrej Industries has announced the first quarter results. Company has attained 28 % increase in the net profit. Consolidated sales have reached to Rs.53 crores. 20 % increase in     hair colour and insecticides category.

Sponge Iron and Billet Unit of Zoom Vallabh Steel was Acquired by UM Cables Limited

Sponge Iron and Billet Unit of Zoom Vallabh Steel was Acquired by UM Cables Limited which is the subsidy of Usha Martin. UM Cables Limited acquired the company through auction at the price of Rs.60.69 crores as stated by CFO and Company Secretary AK Somani which is confirmed by Prashant Jhawar, Usha Martin Chairman.

Net Loss of Rs.3.5 crores to DB Reality

DB Reality has attained a Net loss of Rs.3.5 crores in the first quarter of the financial year 2013-14. Current total income is Rs.82 crores.

New Slab Caster Inaugurated by SAIL Chief CS Verma

At Steel Melting Shop II of the SAIL Plant, New Slab Caster Inaugurated by SAIL Chief CS Verma. Expenditure for the construction is Rs.500 crores. SAIL is the national’s largest blast furnace. This new slab caster will supply slabs to 4.3 meter wide plate mill.

One Lakh People Applied to go Mars

Mars One announced that more than 1 lakh people are applied to go Mars. Mars is known as Red Mars. Main of the project is to create colonies on Mars. Mars One CEO and Co-Founder is Bas Lansdorp. This project will start from 2022 onwards. Persons who completed 18 years of age can apply for this project. Cost of varies from one nation to another nation. It was decided on the basis of gross domestic product per capita.

Bangladesh Approved for International Internet Gateway

India has propose to connect Tripura with international internet gateway   among South East Asia – Middle East- Western Europe 4 cable systems, passing through Cox’s     Bazar in Bangladesh. This proposal was accepted by Bangladesh Government. With this connectivity internet services in Tripura, Nagaland, Manipur, Mizoram, Meghalaya, and Arunachal Pradesh will improve.

Israel approves to Build New Settlement Apartment

Home Minister of Israel, Uri Ariel, approved to build 1200 new settlement apartments. From past 3 days Israel Government had talks with US Government on border disputes with Palestinians. They were demanding for the new state. Israel approved to build apartment separately for Palestinians and Home minister also approved to release 26 Veteran Palestinian Prisoners.

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