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11 Jan 2017


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China Deepens Military Ties with Malaysia

  • A Chinese submarine has docked at a port in Malaysia, signalling deepening military ties between the two countries, which are already partners in the development of the Beijing-led Maritime Silk Road.
  • The visit of the submarine is adding a prominent military dimension to China’s ties with Malaysia which is fast emerging as Beijing’s top partner.

US Hits Russia with New Sanctions

  • The US blacklisted five Russians, including Russia's chief public investigator for human rights abuses.
  • The sanctions announced by the US Treasury Department were imposed on Russians for violations of the 2012 Magnitsky Act.
  • The biggest name added to the list was that of Aleksandr I. Bastrykin, who reports directly to Putin and has carried out political investigations on his behalf.


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WNS Acquires U.S. Based Denali

  • Business process management company WNS announced the acquisition of U.S. based Denali Sourcing Services for $40 million to improve its capabilities in the sourcing and procurement capabilities.
  • The company aims to complete the acquisition by the month-end.

New York Life Insurance Re-enter Max Group

  • New York Life Insurance Company, the largest mutual life insurance company in the United States, has picked up 22.51 per cent stake in Max Ventures and Industries Limited.


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Maria Sharapova Set to Comeback

  • Maria Sharapova will return to competitive action following a 15-month doping ban at the Stuttgart Grand Prix in April.
  • She had admitted she had used meldonium for years and was not aware it had been banned since the start of 2016. Her suspension was later cut to 15 months on appeal.
  • She will return to action in time to contest the season`s second grand slam at Roland Garros. The French Open begins on May 22.


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Chief Guest at 2017 Republic Day

  • Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan will be the chief guest at the 2017 Republic Day parade.
  • In a first, Arab soldiers will be marching in New Delhi during the parade.
  • It would be the second time when any foreign contingent will be participating in the parade on January 26.

Thackeray Offers Himself for Political Alliance

  • Maharashtra Navnirman Sena President Raj Thackeray indicated that he is open to offers of political alliance for the forthcoming civic elections in the state.
  • As per reports, Thackeray would consider any such proposals positively.

Project to Connect Northern and Southern India

  • The government has put the final touches on a massive project aimed at improving the links between power grids in the northern and southern parts of the country.
  • The project will include a whopping 1830 km link between Chhattisgarh's Raigarh and Tamil Nadu's Pugalur.
  • The project will be implemented as a joint venture between the state-run Bharat Heavy Electricals Limited (BHEL) and Swiss giant ABB Group, and has been commissioned by the Power Grid Corporation of India.
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