VPT to issue Letter of Award to Essar Group for 3 berths
(i) After sorting out of the teething problems, Visakhapatnam Port Trust is all set to issue Letter of Award to Vadinar Oil Terminals, part of Essar Group, to launch work on development and operation of three iron ore berths.(ii) This will be the second facility being developed on the East Coast by Essar Group, one of the largest private sector port companies in India. It has already developed four berths at Paradip.
(iii) By adding 23 million tonne in three years at Vizag, the Essar Group, a BSE and NSE-listed company, will have a total iron ore handling capacity of 39 million tonne per annum on the East Coast. It has terminals at Vadinar and Hazira on the West Coast.
HAL chief gets ‘best CEO’ award
(i) R.K. Tyagi, Chairman of Hindustan Aeronautics Ltd, was on Friday conferred the JGBS Top Rankers Excellence Award for the CEO of the year, according to a release issued by the company.
(ii) The award is instituted by JGBS or Jindal Global Business School and executive search firm Top Rankers’ Management Consultants, both based in Delhi.
(iii) Dr. Tyagi was recognised for playing a key role in 2014 in launching a series of HR, R&D and other initiatives in HAL.
(iv) The company said HAL was among top six public sector companies among 180 PSEs assessed by the Department of Public Enterprises.
Anupam Shrivastava is new BSNL chairman and managing director
(i) Anupam Shrivastava has been appointed the chairman and managing director (CMD) of state-run BSNL from January 15, a company statement said here Friday.
(ii) Mr. Shrivastava has been appointed CMD of BSNL for a period of five years or till the time of superannuation at the age of 60 years, it said.
(iii) “Government is focusing on connecting unconnected people with telecom services including high-speed broadband.
CAIT opposes Prof. Bhagwati's remarks on FDI
(i) Columbia University Jagdish Bhagwati’s statement on the likelihood of Prime Minister Narendra Modi opening up foreign direct investment (FDI) in multi-brand retail in about a year’s time has stirred up a controversy. (ii) The Confederation of All India Traders (CAIT) has issued a statement taking ‘strong exception’ to Prof. Bhagwati’s remarks.
(iii) The CAIT will oppose ‘tooth and nail’ any attempt to open Indian retail sector to FDI, statement said.
Japanese companies keen on investing in India
(i) The government Friday said Japanese companies have ranked India as the top most preferred destinations for further investments.
(ii) According to the Commerce and Industry Ministry, the business sentiments of Japanese companies were revealed in a survey conducted by Japan Bank for International Cooperation (JBIC) in July 2014.
(iii) The survey of 1,000 Japanese manufacturing companies ranked India as the No.1 destination for future investments followed by Indonesia and China.
Censor Board chief Leela Samson decides to quit
(i) Citing "interference, coercion and corruption of panel members and officers" appointed in the Central Board of Film Certification (CBFC) by the Union Information & Broadcasting Ministry, Bharatnatyam danseuse Leela Samson has quit as Censor Board chief.(ii) She put in her papers on Thursday amid reports that the Film Certification Appellate Tribunal (FCAT) had cleared the release of the film MSG.
(iii) The Messenger of God featuring Dera Saccha Sauda chief Gurmeet Ram Rahim Singh in the lead role. The filmmakers had scheduled it for release on Friday.
(iv) Despite reports suggesting FCAT had cleared it, movie listings in newspapers and online bookings did not offer it this morning.
Former CBI chief resigns as UPSC Member
(i) Former Central Bureau of Investigation (CBI) Director A.P. Singh, whose name had cropped up during an Income-Tax probe against his friend and meat exporter Moin Qureshi, has resigned as Union Public Service Commission (UPSC) Member.
(ii) Mr. Singh told the media that he put in his papers about a week ago, after a Mumbai court on December 30, dismissed charges against the BJP president Amit Shah in the Sohrabuddin and Tulsiram Prajapati encounter cases observing that the allegations made in the CBI chargesheet had a political overtone.
Ranji Trophy: Odisha crashes to an innings and 150 runs defeat
(i) Manan Sharma of Delhi took eight wickets on the third day of the series to send Odisha crashing to an innings and 150 runs defeat in the Ranji Trophy encounter at the Ferozeshah Kotla Stadium.(ii) No less than 19 wickets fell on Thursday as the visiting side's batsmen gladly submitted to the forces of a slow and turning track.
(iii) Manan was the greatest beneficiary of Odisha's ineptness. The left-arm spinner made the batsmen play often and a wicket was never too far away.
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