One liners 15th March

• India Infrastructure Trust, an infrastructure investment trust (InvIT), sponsored by Brookfield, will acquire the East West Pipeline for Rs. 3,000 crore. The pipeline is owned by Reliance Industries Ltd’s promoters’ family.

• Special Olympics World Games 2019 is held at Abu Dhabi, from March 14 to 21. The Games were declared open by Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi.

• U.K. announced in a Budget update, referred to as the annual Spring Statement, that from later this year all PhD-level highly-qualified roles will be exempt from any cap on the numbers that can apply and come to work in Britain.

• Defence Research and Development Organisation (DRDO) successfully test-fired Man Portable Anti-Tank Guided Missile (MPATGM) in the desert ranges of Rajasthan.

• Registrar of Geographical Indications, Government of India, accorded a GI tag, ‘Sirsi Supari’, to arecanut grown in Sirsi, Siddpaur and Yellapur taluks of Uttara Kannada district in Karnataka.

• State-run National Thermal Power Corporation Ltd. (NTPC) has teamed up with the Indian Railways for fly ash transportation. The partnership is to help enhance ash utilisation at Rihand and Vindhyachal Super Thermal Power plants.

• The 77th International Film Festival of Malappuram (IFFM) organised by the Rasmi Film Society will be held at Malappuram, Kerala on March 29, 30 and 31.

• Reliance Infrastructure (RInfra) has signed a “definitive binding agreement” with Singapore-based Cube Highways and Infrastructure for sale of its 100 per cent stake in Delhi-Agra (DA) Toll Road Pvt Ltd. The deal is valued over Rs 3,600 crore.

• President Ram Nath Kovind conferred 3 Kirti Chakras and 15 Shaurya Chakras to Armed Forces Personnel for displaying conspicuous gallantry, indomitable courage and extreme devotion to duty at the Defence Investiture Ceremony at Rashtrapati Bhavan, New Delhi.

• The Election Commission of India (ECI) is to launch the Observer App, a mobile application, that will help poll observers to submit reports. The poll observers will get all the important notifications and alerts through the ‘Observer App’.

• The Austrian capital Vienna has topped Mercer’s index of most liveable cities for the 10th year in a row. Zurich in Switzerland, is placed second in the index, while Auckland, Munich and Vancouver came joint third. Chennai, the capital of Tamil Nadu is ranked at 105 in Mercer’s Quality Of Living Index and is the number one city from India.

• Army Chief General Bipin Rawat was conferred with the Param Vishisht Seva Medal (PVSM), the highest military medal award in recognition of peace-time service not accounting to gallantry, by President Ram Nath Kovind.

• Social entrepreneur from Tamil Nadu, Padmanaban Gopalan, founder of No Food Waste named the winner of the Commonwealth Youth Award for the Asian region worth 3,000 Pounds at a ceremony at the Commonwealth Secretariat in London.

• M.R.Kumar, the newly-appointed chairman of Life Insurance Corporation of India (LIC), has taken charge on 14th March. Mr.Kumar took over from Hemant Bhargava who had been the acting chairman since January 2019. Mr.Kumar had joined LIC as a direct recruit officer in 1983.

• Through the Olive Ridley nesting season so far, the Forest Department of Tamil Nadu State has recorded 251 nests and has collected 28,527 eggs which have been taken to their hatcheries.

• The consumer movement marks 15th March with World Consumer Rights Day every year, as a means of raising global awareness about consumer rights and needs. The theme for World Consumer Rights Day 2019 is ‘Trusted Smart Products’.

• Greta Thunberg, the 16-year-old Swedish student and activist has been nominated for a Nobel Peace Prize for her efforts in climate activism and fighting global warming.

• IDBI Bank has been categorised as a private sector bank for regulatory purposes with effect from January 21, 2019. This follows Life Insurance Corporation of India (LIC) acquiring 51 per cent of the total paid-up equity share capital of the bank.

• A new coin that features the Crimea or Kerch Strait Bridge released by Russia’s central bank, to mark Crimea’s reunification with Russia. Two million new five ruble (about $0.08, €0.07) coins were pressed which depict an outline of the peninsula which was annexed by Russia in 2014.

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