Page-10 of Current Affairs - December, 2012

Lok Sabha approves Companies Bill, 2011

Lok Sabha cleared Companies Bill, 2011. As per the new legislation: It will be compulsory for companies with Rs. 5 crore or more profits in last three years to spend 2% of their average net profit towards Corporate Social Responsibility. ..

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India clinches World Cup Kabaddi Tournament 2012 in both Men’s and Women’s category

India clinched World Cup Kabaddi Tournament 2012 in both Men’s and Women’s category. It was a 3rd consecutive victory of the title in the Men’s category and 2nd consecutive time in the Women’s category. Indian men thwarted arch rival Pakistan, ..

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RIL plans to invest $10 billion on 4G network

After winning the licence to offer 4G network in 2010, Reliance Industries Ltd. (RIL) is now planning to invest $10 billion to start its 4G network across the country. Reliance will soon launch LTE (Long Term Evolution) network which is ..

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Coast Guard exhibits its potential at Clean Sea-IV

The Coast Guard which is the central coordinating agency for oil spill response in India, demonstrated its preparedness and capability to tackle marine oil spills at the national-level pollution response exercise, Clean Sea-IV, held off the Kochi coast. The Coast ..

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India formulates indigenous Japanese Encephalitis vaccine

India’s Bharat Biotech has developed world’s first vaccine against Japanese Encephalitis (JE) using an Indian strain of the virus. It used JE virus collected from Kolar in Karnataka to develop the vaccine which will provide protection agains wider strains of ..

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Hambantota port not part of ‘string of pearls’: Sri Lanka

Sri Lanka has clarified that the Hambantota port is not part of a Chinese ‘string of pearls’ to surround India.                                     Source: google maps What is the issue of Hambantota port? What is Sri Lanka’s perspective? What is String of ..

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New urea investment policy gets Cabinet Committee’s clearance

The Cabinet Committee on Economic Affairs (CCEA) cleared new urea investment policy, which is likely to incentivize fertilizer companies to establish new plants and enhance existing capacity. Around 30% of India’s urea requirement if fulfilled through imports and the policy ..

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Marks & Spencer incorporates anti-bribery clause in Indian contracts

As British retail giant “Marks & Spencer (M&S)” is considering its expansion plans in India, it has added strict anti-bribery clauses in India contracts. The move comes at a time when the government has began investigation into bribery allegations against ..

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