WEEKLY UPDATE

*Supreme Court bans Chennai Super kings & Rajasthan Royals from IPL for next 2
years in charge for match fixing.
*Iran and US along with its allies have reached an agreement over Nuclear
deal.Various economic sanctions imposed on Iran will be lifted.Global Oil prices fall
after the deal.
*ISRO will be launching SAARC satellite by the end of next year.
*Government to build new Highways under the 'Bharat Mala' programme.
*'Make In India' initiative wins the 2015 Asia-Pacific Economic Development
Innovation Award for its visionary leadership along with excellence in policy &
program implementations.
*PM Narendra Modi launches 'National Skill India Mission' aimed at giving vocational
training to youth across the country.
*Champions League T20 tournament has been scrapped from this year onwards.
*Rum brand 'Old Monk' which has been in news for some reason is manufactured by
Indian company named Mohan Meakin ltd.
*Chinese telecom gear maker Huawei has been granted permission to set up a unit in
Tamil Nadu.
*Tata Advanced Systems Limited(TASL) and Boeing to jointly work in Defence sector
to build various military vehicles and equipments.
*Real Madrid is world's most valuable team according to Forbes Magazine.
*Titagarh Wagons acquire Italy based train maker Firema Trasporti.
*India signed a pact with the World Bank for $250-million financial assistance for
Andhra Pradesh Disaster Recovery Project.
*Facebook's Oculus buys Israel gesture recognition firm Pebbles.
*Union Women and Child Welfare Minister Maneka Gandhi launches 'One stop
Center' for women who have been victims of various kinds of violence in Chattisgarh.
*Odisha state run dairy co-operative Orrisa State Cooperative Milk Producers'
Federation Limited(Omfed) will collaborate with Amul to scale up its operations.
*Siemens India has bagged Rs 123 crore project from Power Grid of Bangladesh.
*Mahindra Group launches 'NuPro' mustard oil brand in market.Company has plans
to foray into dairy and pulses retail segment also.
*The Reserve Bank of India signed a special currency swap with the Central Bank of
Sri Lanka that will allow the latter to draw up to USD 1.1 billion.
*Haryana government has elected new Bollywood actress Parineeti Chopra as state's
brand ambassador for 'Beti Bachao,Beti Padhao' campaign.
*French Formula 1 driver Jules Bianchi has succumbed to injury. He was in comma for
past few months after a crash at race.
*Germany parliament voted in favour of Greece 60-billion pound package.
*Japan opens world's first hotel which is managed by robots.
*Honda Motors will setup new factory in Gujarat. It joins Ford,Tata Motors,General
Motors and Maruti Suzuki to set up facility in Gujarat.
*Indian Pharma company Torrent has acquired Zyg Pharma.
*US based Louis construction company Berger International has been charged for
paying bribes to set up facility in Assam and Goa.
*India and Russia to jointly build 200 military helicopters.
*State of Maharashtra has counted for largest number of Farmer suicides in India.
*US Embassy reopens in Cuba after more 5o years.
*Microsoft to Buy Israeli Cyber Security Firm Adallom
*BCCI scraps Duleep Trophy.
*Snapdeal ties up with Tata Capital for financing merchants.Loans upto 2 crore will
be available.
*Adani Group to develop Vizhinjam deep sea port in Kerala.
*BRICS countries lunches New Development Bank(NDB) in Shanghai. KV Kamath will
be its first Chairman.
*Toshiba CEO Hisao Tanaka resigns over company's accounting scandal.
*Lockheed Martin Corp will buy Black Hawk helicopter maker Sikorsky.
*Indian phone maker Micromax has received the 1.25 millionth International
Registration number of its trademark 'MICROMAX' under the Madrid system.So no
other company can copy Micromax in 110 countries.
*1993 Mumbai terror blast accused Yakub Menon mercy plea rejected by Supreme
Court.