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Daily G.K. - Top Stories

06 Dec 2015

INTERNATIONAL AFFAIRS

Israel Warned about Collapse of Palestinian Authority

  • As per the US Secretary of State, the consequences of any collapse of the Palestinian Authority, would be a threat to Israel.
  • Since 1st October almost daily assaults and clashes between Palestinians and Israeli soldiers have killed 109 Palestinians, including an Israeli Arab, 17 Israelis, an American and an Eritrean.
  • Israeli officials privately accept that the violence is likely to continue.
  • Palestinians are frustrated by the failure of decades of peace talks and the ongoing occupation of the West Bank and east Jerusalem, with many also losing faith in the leadership of President Mahmud Abbas.
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ENVIRONMENT

India in the Highest Risk Zone

  • India will be the most affected country after China as a result of rising sea levels caused by global warming.
  • With a 2 degree rise in temperature, 64m people in China, based on the 2010 population, would be living in areas submerged by rising seas. However, with a 4 degree rise this jumps to 145m people. China is followed in second place by India, with 20m and 55m respectively. India’s neighbour, Bangladesh, completes the top three most at risk.
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BUSINESS AND ECONOMY

RCOM to Sell Towers

  • Marquee private investment firms Tillman Global Holdings and Texas Pacific Group have signed a non-binding pact to buy the tower and optic fibre assets from Reliance Communications and other institutional investors in a deal estimated at Rs. 30,000 crore. Under the terms of the transaction, RCOM and the other minority investors will transfer the telecom infrastructure assets from Reliance Infratel to a special purpose vehicle owned by the two US-based investment firms.
  • The deal, if it fructifies, will give Tillman and TPG a major stake in the world's second biggest telecommunications market where demand for mobile phone masts will grow as cellular operators expand their 3G and 4G services. Reliance Infratel, with 45,000 towers, is the No. 3 player in the country, after Indus Towers and American Tower Corporation (ATC) that have 1.15 lakh and 56,000 mobile phone base stations respectively.
  • The Reliance Infratel sale will help RCOM cut its debt of Rs 39,900 crore significantly.

Tata Sons to acquire additional 0.22% stake in Titan

  • Tata Sons will acquire additional 0.22 per cent stake in Titan Company at an estimated price of over Rs. 66 crore, taking its total holding to 19.80 per cent.
  • Tata Sons will acquire 0.22 per cent stake from Tata International as part of restructuring its investment portfolio.
  • In August, Tata Sons had acquired 2.18 per cent stake in the Titan at an estimated price of over Rs. 680 crore taking its total holding to 19.59 per cent.
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SPORTS

Indian Model Wins 'Miss Supranational 2015

  • Indian model Aafreen Rachel Vaz clinched the title of Miss Supranational 2015 Asia and Oceania at the Miss Supranational 2015 beauty pageant.
  • The event was held at Malopolska Region here and was organised at the MOSIR (Hall of Sports) in Krynica-Zdrój. She has also received prize money of $1000. Last year, Asha Bhat won the pageant.
  • She competed against 78 contestants from around the world at the seventh edition of the pageant.

Kidambi Srikanth Reaches Indonesian Masters Final

  • Indian shuttler Kidambi Srikanth has entered the men's singles final of the $120,000 Indonesian Masters Grand Prix Gold.
  • Kidambi Srikanth defeated Ginting Anthony in the semifinal, played at the Gedung Graha Cakrawala.
  • In the final, he will face the winner of the match between Wisnu Yuli Prasetyo and Tommy Sugiarto.
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