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Daily G.K. - Top Stories

26 Apr 2018

INTERNATIONAL AFFAIRS

North Korea's Nuclear Test Site has Partially Collapsed

As per reports, North Korea's underground nuclear test site has partially collapsed following a massive bomb blast in 2017, making it unusable.

North Korea conducted five of its six nuclear tests at the site, with the biggest blast last September 3 triggering a 6.3-magnitude earthquake that was felt across the northern border with China.
Two studies involving Chinese experts have found that a 4.1-magnitude aftershock that took place 8.5 minutes after the first quake caused the collapse of rock inside the mountain.
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BUSINESS AND ECONOMY

Manipal-TPG Submitted Revised Fortis Offer

The Manipal-TPG combine has submitted a revised, unsolicited binding offer for Fortis Hospitals Ltd. that includes a fresh proposal for buying the hospital business and diagnostic arm.

The move comes a day before an expert committee is expected to review binding offers for Fortis and make appropriate recommendations to the Fortis board.
The combine has now also offered to buy up to 5% of the paid-up capital of SRL from Fortis at the same price it would pay private equity investors in SRL.

Merger of Tower Arm Bharti Infratel Approved

Bharti Airtel has approved the merger of its listed tower arm Bharti Infratel with the privately-held Indus Towers, making the combine the world's largest telecom tower company outside of China, with more than 1.63 lakh towers.

The combined company's name would remain Indus Towers Limited.
Vodafone India and Bharti Infratel hold 42% each in Indus Towers while Idea Cellular owns 11.15% stake in the company and the balance is owned by U.S.-based private equity firm Providence.

Anmol Ambani Joins Boards of RNAM and RHF

The board of directors of Reliance Nippon Life Asset Management (RNAM) and Reliance Home Finance (RHF) have inducted Anmol Ambani into their respective boards. Mr. Ambani is currently the executive director of Reliance Capital, the holding company of the group's financial services businesses.

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SCIENCE & TECHNOLOGY

Sentinel Earth Observation Spacecraft Launched

The European Union has launched its latest Sentinel Earth observation spacecraft.

Sentinel-3b is a multi-purpose satellite, but will concentrate much of its work over the oceans, monitoring their behaviour and health.
This is now the seventh satellite the EU has lofted in its ambitious Copernicus programme, which seeks to put the biggest volume of Earth observation data ever acquired into the hands of policy makers, scientists, businesses and the general public.
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SPORTS

Asia Badminton Championship

Indian shuttlers Saina Nehwal, P. V. Sindhu and Kidambi Srikanth made positive starts to their campaign at the Asia Badminton Championship.

All the three entered the second round of the Asia Badminton Championship.

WION Now Also Offers Hindi Audio Option

World Is One News (WION), India's first global English News Network, has started providing Hindi audio option on viewers' demand. WION is India's first global news channel which provides global stories with Indian perspective.

It operates in countries like Australia, Sri Lanka, Bangladesh, Nigeria and Kenya apart from India.
This is the first time in India that a News Channel is providing dual audio feed to its viewers which may get substantial traction from Elite Hindi speaking audiences.
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NATIONAL AFFAIRS

IAF Welcomes Dakota DC-3 Plane

A Dakota DC-3 aircraft of 1940 vintage landed in Jamnagar, Gujarat. It has been gifted by Rajya Sabha member Rajeev Chandrasekhar to the Indian Air Force.

The World War II-era aircraft was obtained from scrap in 2011 and was restored to flying condition in the UK by Chandrasekhar for gifting it to the IAF. His father Air Commodore (retd) MK Chandrasekhar was a Dakota pilot in the IAF.

Indu Malhotra Set to be Supreme Court Judge

As per reports from the Law Ministry, the government is learnt to have cleared the appointment of senior advocate Indu Malhotra as a judge of the Supreme Court.

She will be the first woman judge to be appointed to the top post directly from the bar.
With this development, the elevation of Justice K. M. Joseph, who heads the Uttarakhand High Court has been put on hold.

UGC Releases List of Fake Universities

The University Grants Commission (UGC) has released a list of 24 fake universities across India. The Commission has said that these 24 self-styled, unrecognised institutions functioning in contravention of the UGC Act have been declared as fake and are not entitled to confer any degrees.

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