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Major News and Events of 21 January 2016

What Happened on 21 January 2016


HFCL jumps to 67% in the Third Quarter

India’s leading telecom gear manufacturer HFCL (Himachal Futuristic Communications Limited) reported a hike of 66.76 percent in its standalone net profit at Rs. 70.16 crore for the three months period which ended on 31 December 2015. The company’s Managing Director Mahendra Nahata has quoted Optical Fibre Cables and Turnkey Projects as the major contributors to the overall growth.

Virat Kohli, the new face of Bengaluru-based Real Estate Brand

Possessing a brand value that has grown over the years, India’s Test captain Virat Kohli has been chosen as the new brand ambassador of a luxury real estate brand named Nitesh Estates. As a first generation company, Nitesh Estates has set benchmarks and unbeatable records in the real estate sector. The company is popular for its distinguished projects that involve best of global architectural and design skills.

Legendry danseuse Mrinalini Sarabhai dies at 97

A renowned classical dancer and Padhma Bhushan awardee Mrinalini Sarabhai died at the age of 97 as a result of complications related to old age. She breathed her last at her Ahmedabad home in Usmanpura area this morning. In addition to being a trained Bharatanatyam, Kathakali and Mohiniyattam dancer, Mrinalini Sarabhai had also studied at the well-known Santiniketan University under the guidance of Rabindranath Tagore.

Bomb scare engulfs Kolkata Metro Station

A suspicious bag created a turmoil at the Netaji metro station in Kolkata. Triggering a bomb alert, a Bomb Disposal Squad was rushed to the metro station where an unidentified bag was found in a car parked within the station’s parking area.   

Samsung Gear VR & Gear S2 now in India

Samsung launched the consumer version of its Gear VR headset in India today. Priced at Rs. 8,200, the headset can be purchased from any Samsung retail store across the country. Only Flipkart has the rights to sell the headgear online. Also, you can now purchase the Samsung Gear S2 smartwatch which is available in two variants viz: Classic which is priced at Rs. 24,300 and Sports which is priced at Rs. 25,800. 

Big B & Priyanka Chopra, Incredible India's new ambassadors

Aamir Khan, the face of Incredible India campaign since ten years has now been replaced by two superstars viz: Amitabh Bachchan and Priyanka Chopra. Though an official announcement is yet to come from the campaign officials, the decision arrived almost a fortnight after Aamir Khan was allegedly removed from the role over his remarks on intolerance.

180 days maternity leave for surrogate mothers in Maharashtra

Maharashtra has become the first state in India where women employees in government jobs would be eligible for up to 180 days maternity leave in case they are having a baby through surrogacy. All employees working in Maharashtra-based educational institutions and universities would also be able to avail this benefit with the only condition that they would need to furnish certificates provided by the authorities pertaining to the surrogacy guidelines of the Indian Council of Medical Research.

BSE Sensex set to recover from 20-month low

Accounting to the positive Asian markets, the BSE Sensex is likely to recover from a 20-month low. The Nifty futures, trading on Singapore Stock Exchange has risen by 50 points or 0.7 percent, indicating a complete rebound in both Sensex and Nifty.  The improving oil prices have helped major indices in Japan, Hong Kong and South Korea to trade higher.

New Power Tariff Policy comes into effect

A new Power Tariff Policy headed by Prime Minister Narendra Modi has been approved by the Cabinet. As per this policy, the existing power plants would be allowed to expand on a 100 percent basis. Additionally, the states that fall under this policy would also be allowed to buy power generated from waste. All the taxes and levies affecting power generation would be passed to consumers and permitted producers so that they can sell the spare capacity via multiple exchanges.