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Major News and Events of 20 August 2014

What Happened on 20 August 2014


Hyderabad shuts down over Telangana household survey

The shops and commercial establishments in Hyderabad remained shut yesterday as the household survey was underway. All eating joints were also closed except for the wine shops which remained open. Major IT firm like Accenture and Infosys remained shut. By the end of the day, only 60% of the households of Hyderabad were surveyed. The survey of the remaining households will be conducted today.

Court Orders Activist Irom Sharmila's Release

A northeastern court in Manipur has ordered the release of Irom Sharmila, an activist who was imprisoned on the charges of attempting suicide by being on hunger strike since last 14 years. The supporters of Sharmila have welcomed the court’s decision about her release. Her lawyer Khaidem Mani has said she will be released in a day or two once Imphal’s magistrate will approve the court’s order.

Yoga Guru B.K.S. Iyenger dies

Founder of ‘Iyenger Yoga’, yoga guru B.K.S. Iyenger died at the age of 96. After battling with age-related ailments, he took his last breath at 3.15 a.m. As per reports, his funeral ceremony will be performed today. Iyenger was an author of many books and was honoured with Padma Shri in 1991 and Padma Bhushan in 2002.

New rules imposed by TRAI for cheaper international calling cards

The Telecom Regulatory Authority of India (TRAI) has lowered the rate payable by international long distance players to local operators. According to a statement released by TRAI, the new access charges for wireless services has been fixed at 40 paisa per minute and for wireline services at Rs 1.20 per minute. The international long distance operators (ILDO) pay the access charges for international subscriber dialing (ISDs) to the local players. As per the new rules, a customer will be able to buy the calling cards from any ILDO.

SIT to submit its report on black money to SC

The Special Investigation Team (SIT) is likely to submit its report featuring its recommendations and finding on the black money to the Supreme Court today. The SIT met on June 2 for the first time and was headed by Justice M.B Shah, a retired Supreme Court judge. It has also held separate meetings with various agencies and departments in a period of two months.

OBC and Dena Bank shares Fall on Reports of Scam

The shares in Oriental Bank of Commerce (OBC) and Dena Bank fell as low as 5 per cent over the reports that the branches of these banks based in Mumbai have misappropriated the funds. As per media reports, the Union Finance Ministry has brought a light on the scam and ordered a forensic audit for the same. It has also referred the case to the Central Bureau of Investigation (CBI).

Earlier, the CBI arrested Syndicate Bank chairman Sudhir Kumar Jain over another bribery scam. Not surprisingly, the PSU bank sub-index of Nation Stock Exchange is down over 1 per cent.

Sonia Gandhi reiterares her party's support for the Women's Reservation Bill

Congress President Sonia Gandhi has said that her party is committed towards the Women's Reservation Bill, which seeks 33 per cent reservation for women in the state legislatures and Parliament. She also added that her party will put pressure on the NDA government to get this Bill passed in Parliament. She also said that Congress had passed this bill in the Rajya Sabha but due to some reasons it was not passed in the Lok Sabha.

Google to launch its mentorship programme 'Launchpad' in India

Google India will launch an exhaustive mentorship programme programme in Bengaluru from November 3 to 7.  Called the ‘Google Launchpad', it is a pre-incubation programme made to help the startups  achieve rapid progress in a very short time in the aress of user interface, product strategy & technology, marketing, business development and presentation skills. Sunil Rao, the country head for the organisation, said that their aim is to launch this programme every quarter and after a year once in every month.

 

 

Xiaomi Mi3 available for re-sale

The Chinese Xiaomi Mi3 mobile phone is available for re-sale on several websites like OLX, Quikr and eBay. The smartphone is offered by a large number of resellers on these sites but at higher prices. As per reports, sellers in Delhi,Bangalore, Chennai, Surat etc., are offering unopened or sealed Mi3 mobile phones at price ranging from Rs 15,000 to Rs 25,000 per handset. Xiaomi has an exclusive agreement with e-commerce website Flipkart for the sale of the device. However, the resellers are creating a killing in the market with such offers.




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