Major News and Events of 08 January 2014
What Happened on 08 January 2014
CBI registers complaints regarding 2 more companies in coal block allocation
Hindu activists vandalize AAP office
100% FDI in existing pharma firms
Rohan Bopanna and Aisam-ul-Haq Qureshi in the semis of the Sydney International
Facebook acquires Little Eye Labs
In a mishap where Bandra- Dehradun Express caught fire, 9 people lost their life. The incident happened north of Dahanu Road station in Thane at around 230 am. Three coaches caught on fire. Of the nine dead, identification of five has been done. They were 4 men and a woman. The death was due to asphyxiation. Four bodies could not be recognized as they were charred very badly. Rs 5 lakh compensation has been announced to the family of the dead and an inquiry also has been ordered. For the rescue operation the train was taken to Gholvad station. The gateman first noticed the fire and tried to alert the guard to no avail. He then informed the station master who informed the guard and emergency brakes were applied. The train had travelled 1.5 km by then. The train left Bandra station at 00.05 am.
The CBI has registered new complaints against two companies over the alleged anomalies in the coal blocks allocation. The companies named are Castron Technologies Ltd., BLA Industries Pvt. Ltd.,Castron Mining, the managing director of BLA Industries as well as public and private officials have also be named in the FIR. It has been mentioned that BLA Industries got the permission to sell coal in the market defying the principles of captive mining. Investigations and court cases will follow on later on. CBI has filed 14 FIRs and 3 preliminary enquiries (PEs) to investigate allocations made between 2006 and 2009. Incidentally NDA’s ministers Dilip Ray and Karia Munda had the coal ministry when these allocations were made to BLA Industries as well as Castron Technologies. This would definitely come as a relief to UPA which was receiving the brickbats till now for the scam.
The AAP office was today vandalized by the Hindu activists as a mark of protest against the statement made by Prashant Bhushan who stated there should be referendum regarding the army deployment in Kashmir. Bhushan put the blame on BJP and other associated parties. The office was ransacked by around 40 men wielding sticks and waving flags. They threw stones and broke the glass windows and also hurled abuses at the AAP leaders. The activists belonged to a group called Hindu Raksha Dal. Bhushan stated this incident depicted the level of frustration which BJP had regarding AAP’s success. BJP condemned the incident but at the same time also stated they condemn the statement made by Bhushan.
Government on Wednesday stuck to its decision to allow 100% foreign investment in the existing pharma firms. Government also dismissed apprehensions about affordable drugs being not available as the MNCs have taken over. The Foreign Investment Promotion Board (FIPB) will be dealing on case by case basis regarding the non-compete clause as informed by the Department of Industrial Policy and Promotion (DIPP). Non-compete clause will not be allowed excluding certain circumstances wherein the FIPB have to send its approval. Arlier the DIPP had recommended for strict measures for FDI policy for the sector. It was of the opinion that it would affect the availability and affordability of generic medicines and has asked for 49% instead of 100% in rare or critical pharma sector. This recommendation was not approved by the Union Cabinet. Rs 5,168-crore deal of the Mylan Inc for acquisition of Agila Specialties based in Bangalore, was closed in September.
Rohan Bopanna and Aisam-ul-Haq Qureshi have reached the semifinals of the Sydney International. But there was a major upset as Leander Paes along with Radek Stepanek from Czechoslovakia got out in the 1st round. Bopanna and Qureshi from Pakistan, had to face touch challenge from Dominic Inglot of UK and Trat Huey of Philippines before clinching the game 6-7(3) 7-6(5) 10-3 in the quarter-finals.They will now meet Joao Sousa and Lukas Rosol, who overpowered top seeded pair from the US of Mike and Bob Bryan. Paes earlier did not get to play a ball in the Chennai Open as his partner had to pull put due to injury. Paes will now play at the Australian Open without getting much practice.
Science and Technology
Facebook acquired Little Eye Labs, the tech start-up in India through which the developers and testers can analyze and optimize the mobile apps. The analytical tool provides information like the app consumes how much power, memory as well as data. This acquisition is being viewed as a major step in Indian tech ecosystem which has been growing at rapid pace since 2006. Facebook was not willing to provide any details of the deal but the deal is being estimated to be below $15m (£9m). Little Eye Labs with 7 employees was founded in August 2012. The office will now be shifting to Menlo Park, California, that is the Facebook's headquarters.