Current Affairs 12th March 2015

Current Affairs 12th March 2015

Updated : 12-Mar-2015

Current Affairs 12th March 2015 - Important Points
Current Affairs 12th March 2015 - Details
Who has created the history by scoring four successive centuries in a Cricket World Cup - Kumar Sangakkara
Among th important Sports Current Affairs, On 11th March 2015, Sri Lanka’s batsman Kumar Sangakkara created the record by scoring four consecutive centuries in a Cricket World Cup. He achieved the triumph when he scored 124 runs against Scotland in 2015 Cricket World Cup in Hobart, New Zealand. With this, he became the first cricketer to achieve this triumph in the One Day Internationals (ODI) history.

Name the industrialist who has passed away - Deepak Khaitan
On 9th March 2015, Industrialist Deepak Khaitan died at the age of 60. He was the vice-Chairman of the Williamson Magor Group. He is known for the acquisition of the Eveready brand from the Union Carbide.
BM Khaitan Group has companies like Mcnally Bharat Engineering, Mcleod Russel and Eveready Industries. The yield of the group is around 6000 crores rupees.
Which retail Company has acquired Total hypermarket - Aditya Birla Retail
Among th important National Current Affairs, On 10th March 2015, Aditya Birla Retail acquired Total Hypermarket owned by Jubilant Retail. The first acquisition being its 2007 buyout of Trinethra Super Retail. Total Hypermarkets will be merged with supermarket brand More and Aditya Birla Retail's hypermarket. Aditya Birla Retail is a part of Aditya Birla Group and is the fourth largest supermarket retailer in India. Aditya Birla Retail currently operates over 16 hypermarkets and 500 supermarkets under the More brand.
India and Mauritius signed five MoUs to give impetus to - bilateral relations
Among th important National Current Affairs, On 11th March 2015, India and Mauritius signed 5 Memorandum of Understandings (MoUs) to give new impetus to bilateral co-operation between the two nations. The MoUs were signed in presence of Prime Minister Narendra Modi and his Mauritian counterpart Sir Anerood Jugnuth in Port Luis.
The five MoUs which were signed
- MoU in the field of Ocean Economy: The agreement provides for mutually beneficial cooperation for exploration and capacity development in the field of fisheries, green tourism, research and development of ocean technology, exchange of experts, marine resources and other related activities
- MoU on Programme for Cultural Cooperation for the year 2015-18: The programme will help to enhance bilateral cooperation and will also enhance greater people-to-people participation between the two countries.
- MoU on the etiquette for the importation of fresh mango from India: The aim of this Protocol is to facilitate importation of fresh mango fruits from India by Mauritius to enable the Mauritian to relish the flavor of the world-renowned Indian mangoes.
- MoU for the Improvement in Sea and Air Transportation Facilities at Agalega Island of Mauritius: This will help in betterment of the condition of the inhabitants of this Island. These facilities will strengthen the capabilities of the Mauritian Defence Forces in safeguarding their interests in the Outer Island.
- MoU on Cooperation in the field of Traditional System of Medicine and Homeopathy: This MoU will promote cooperation in the field of traditional system of health and medicine between India and Mauritius. It foresees supply of traditional medicinal substances, joint research and development, exchange of experts and recognition of the traditional systems of health and medicine. It also focuses at promotion and popularization of the various Indian traditional systems which fall under AYUSH.
Indian Railways signed MoU with - LIC for implementing Railway projects
Among th important National Current Affairs, On 11th March 2015, Indian Railways signed Memorandum of Understanding (MoU) with Life Insurance Corporation of India (LIC) to augment its resources for speedier execution of projects. The MoU was signed by SK Roy, Chairman of LIC and Rajalakshmi Ravikumar, Financial Commissioner (Railways).

According to this MoU, LIC will make available a Financial Assistance of 150000 crore rupees to the Indian Railways for implementing Railway projects over the next 5 years. The Financial aid will be available from the Financial Year 2015-16.
LIC will invest in bonds issued by various railway entities such as Indian Railways Finance Corporation. There will be a five year moratorium in loan repayment and interest. The bonds will have a 30 years tenor and will be disbursed over the next five years.
In Budget Speech 2015-16, Union Railways Minister Suresh Prabhu had announced his intention of meeting a part of the total Plan Budget of 100011 crore rupees through extra budgetary resources, such as market borrowings by tapping low cost long term funds.
India and Seychelles signed four agreements - to boost security cooperation
Among th important National Current Affairs, On 11th March 2015, India signed four agreements with the Indian Ocean island nation Seychelles to boost maritime partnership and security. The agreements were signed during the visit of Prime Minister Narendra Modi to Seychelles.
The four agreements are :
- Cooperation in hydrography
- Cooperation in renewable energy
- Cooperation in Infrastructure development
- Cooperation in Sale of navigation charts and electronic navigational charts
Modi also launched the Coastal Surveillance Radar Project in Seychelles, narrating it as another symbol of the cooperation between India and Seychelles. He also declared that India will grant free visas to for three months to the citizens of Seychelles.
Who has released the data of top ten Corporate of 2014 - Union Ministry of Corporate Affairs
Among th important National Current Affairs, On 10th March 2015, Union Ministry of Corporate Affairs released data of top 10 Corporates of 2014. The list of top ten corporate comprises of eight public sector undertakings and two private sector undertakings.
In term of assets, Reliance Industries Ltd (RIL) is the largest corporate with assets of 3.68 lakh crore rupees. RIL is chased by state-owned Indian Oil Corporation (IOC) with assets of 2.52 lakh crore rupees and mortgage lender Housing Development Finance Corp (HDFC) with assets of 2.25 lakh crore rupees.

Other bodies in the top ten are Power Finance Corporation (4), National Thermal Power Corporation (NTPC) (5), Rural Electrification Corporation (devil), Power Grid Corporation (7), LIC Housing Finance (music), Steel Authority of India Limited (9) and Bharat Sanchar Nigam Limited (10).
The list is based on data from 415886 companies which had filed their balance sheets for the year 2013-14 till November 2014. The share of top ten companies in the total value of assets was 15.3 percent in March 2014 and the total reported value of the assets of all the 415886 companies was 117.08 lakh crore rupees and .