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Major News and Events of 19 October 2015

What Happened on 19 October 2015


Will urge Centre to withdraw ore export duty: Goa CM

The Goa government will lobby with the central government to withdraw the 10 percent export duty on iron ore to ensure export of the natural resource became more viable, Chief Minister Laxmikant Parsekar said. "We will request the central government to withdraw this duty," Parsekar told reporters on the sidelines of an event organised by Sesa Sterlite, which exported the first consignment of iron ore to China since mining in Goa resumed following a two-year Supreme Court ban on the activity. Source: IANS

PM Modi inaugrats IDFC bank in Delhi

Prime Minister Narendra Modi and Finance Minister Arun Jaitley launched IDFC Bank on 19 October 2015 in Delhi. During the inauguration, PM said that the main objective of the bank is to venture out to the villages. He added that the villages in India are the great centres for growth in India. He also said that the banking sector is seeing changes these days as mobile banking is being used for most of the transactions. He also said he has decided to bring improvement in appointment of top officials in banks this improves efficiency.



HCL net down 7.9 percent for first quarter

Software major HCL Technologies reported net profit of Rs.1,726 crore for first quarter (July-September) of its fiscal 2015-16, posting 7.9 percent decline year-on-year (YoY) and 3.2 percent sequentially. Revenue for quarter under review grew 15.6 percent YoY and 3.3 percent sequentially to Rs.10,097 crore under the Indian accounting standard. The Delhi-based IT outsourcing firm's financial year is from July to June. Source: IANS

Government allows transfer of blood between blood banks

The health ministry has permitted transfer of blood from one blood bank to another, a step that will help in transferring blood to the hospitals that face scarcity, an official statement said.The ministry has also fixed an exchange value for surplus plasma available at some blood banks in the country. "Now, an exchange value of Rs.1,600 per litre of plasma has been fixed and the blood banks with surplus plasma can exchange it for consumables, equipments or plasma derived products, as per their need," the health ministry said in the statement. Source: IANS

ISC changes marking scheme for Class 12 exams

The Council for the Indian School Certificate Examinations (CISCE) board on Monday changed the marking scheme of its Class 12 examinations from 2016 onwards. The marking scheme in both written and practical segment of Computer Science, Fashion Designing, Physical Education, Indian Classical Music (Hindustani), Indian Classical Music (Carnatic style) and Western Music have been changed. The old "50 (theory) - 50 (practical)" pattern would be replaced by the new "70 (theory) - 30(practical)" scheme, the board said in a release. Source: IANS

Cube26 receives Rs.50 crore seed funding

Technology innovation company Cube26 said that it has received Rs.50 crore in seed funding from domestic e-commerce marketplace Flipkart and Tiger Global Management. "With our software focus and product-led monetisation approach, we are confident of providing unique user experiences across form factors and devices to Indian consumers," said Saurav Kumar, chief executive and co-founder, Cube26. "We want to bridge technology gap in India and build products and solutions which are accessible and intuitive in nature," he added. Source: IANS

IPL chairman Shukla condemns attack on BCCI office

Indian Premier League (IPL) chairman Rajeev Shukla on Monday strongly condemned the attack on the headquarters of the Board of Control for Cricket in India (BCCI) at the Wankhede Stadium by a group of Shiv Sainiks. The protest was staged at BCCI president Shashank Manohar's office here against his move to hold talks with his Pakistani counterpart Shahryar Khan on the resumption of cricketing ties between the two countries. The Shiv Sainiks, numbering over 70, carried a black flag and shouted slogans of 'Pakistan murdabad' and 'Shashank Manohar murdabad'. Source: IANS

BJP will pick CM after Bihar polls: Amit Shah

The BJP will pick a chief minister for Bihar after the NDA alliance led by it wins the ongoing assembly elections, BJP president Amit Shah said. "The party and the parliamentary board will decide the name of the chief minister soon after we win a two-thirds majority," Shah told the media. Shah said the people of Bihar did not want a return of the 'jungle raj', he said, in an attack on the Grand Alliance of the JD-U, the RJD and the Congress. "People do not want jungle raj-2. We will come to power in Bihar," he asserted. Source: IANS

Kejriwal's 'jungle raj' remark wrong: Bassi

Delhi Police Commissioner B.S. Bassi termed Chief Minister Arvind Kejriwal's "jungle raj" comment "an attempt at political positioning that deserves no importance". "There's no 'jungle raj' (lawlessness) in Delhi. If such a thing has been said, it is definitely wrong. It may be due to lack of knowledge or insight into the crime situation (in the national capital)," Bassi told reporters. Source: IANS

Three injured in mini-stampede to see 'world's largest Durga idol'

At least three people were injured in a mini-stampede as lakhs of people visited a a marquee in Kolkata that boasted of having installed the world's tallest idol of the goddess Durga, forcing police to temporarily close down the place to visitors. Eyewitnesses claimed 12-13 people were injured. In a late night press conference, city Police Commissioner Surojit Kar Purokayastha said the organisers, who went on an advertisement blitz for months, had not received the necessary permissions, and declared that steps would be taken in accordance with law. Source: IANS

Congress lawmaker resigns over Punjab's 'deteriorating' situation

A legislator of the opposition Congress resigned from the Punjab assembly to protest against "deteriorating" law and order in the state. Ramanjit Singh Sikki, MLA from Khadur Sahib assembly segment in Tarn Taran district, sent his resignation to the assembly speaker, party sources said. Sikki, in his resignation letter, said he was upset over the desecration of the Sikh holy book Guru Granth Sahib, which led to protests and violence in Punjab. Source: IANS