Current Affairs 18th August 2015 Updates
Table of Contents
- 1 Saina Nehwal wins silver medal on Badminton World Championship 2015
- 2 Taj Mahal becomes first monument in world to have Twitter account
- 3 HDFC to sell its 9 percent stake in HDFC life to JV partner Standard Life for Rs. 1700 Crore
- 4 Agriculture Ministry renamed as Agriculture and Farmers Welfare Society
- 5 Indradhanush announced by Finance Ministry
- 6 Housing.com acquired HomeBuy 360
- 7 Birla Corp to acquire Lafarge’s two Indian units for Rs. 5000 crore
- 8 Hero Cycles acquires leading UK-based Avocet Sports
- 9 MHA to setup pan-India National Fingerprint Database
Saina Nehwal wins silver medal on Badminton World Championship 2015
Defending champion Carolina Marin Martin of Spain has won the prestigious World Badminton Championship 2015 in women’s single category.
Taj Mahal becomes first monument in world to have Twitter account
The monument’s official Twitter handle @TajMahal was launched by Uttar Pradesh Chief Minister Akhilesh Yadav on eve of 69th Independence Day in Lucknow.
HDFC to sell its 9 percent stake in HDFC life to JV partner Standard Life for Rs. 1700 Crore
HDFC has announced to sell its 9 per cent stake in HDFC Life Insurance to its British joint venture partner Standard Life for sum of 1,700 crore rupees. Prior this agreement HDFC had 70.65 per cent stake while Standard life had 26 per cent stakes which will be change to 61.65 per cent and 35 per cent respectively.
Agriculture Ministry renamed as Agriculture and Farmers Welfare Society
On 15th August 2015, Agriculture Ministry renamed as Agriculture and Farmers Welfare Ministry as announced by Prime Minister Narendra Modi during the Independence Day speech.
Indradhanush announced by Finance Ministry
7 pronged strategy namely ‘Indradhanush’ announced by Finance Ministry on 14thAugust 2015 with the aim to revamp of public sector banks of the country.
Housing.com acquired HomeBuy 360
Housing.com acquired HomeBuy 360 on 16th August 2015 for $2 Million which will helpful in the reduction of property prices and ultimately the consumers get benefit from this deal.
Birla Corp to acquire Lafarge’s two Indian units for Rs. 5000 crore
Birla Corporation has signed an agreement with French-based Lafarge Group to acquire its Jojobera unit in Jharhkand and Sonadih in Chattisgarh for sum of Rs. 5000 crore.
Hero Cycles acquires leading UK-based Avocet Sports
World’s largest bicycle manufacturer Hero Cycles acquired majority stake in UK-based Avocet Sports for an undisclosed amount. It is the first overseas acquisition of Hero Cycle with an aim to enter into high-end bicycle market in Europe.
MHA to setup pan-India National Fingerprint Database
Union Ministry of Home Affairs (MHA) has decided to establish a pan-India National fingerprint database to aid in the speedy identification of criminals and investigation of crimes across the country.