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MBA GK Updates - Mar 04 to March 08 2017

MBA GK Updates - Mar 04 to March 08 2017

TestFunda ,  08-Mar-17
OPPO Digital strikes Rs 1079 crore deal as India national cricket team sponsor
Sports > Cricket > Mar 07

Irrespective of the administration tangles that the Board of Control for Cricket in India (BCCI) finds itself as far as the implementation of the Lodha Committee report is concerned, the world’s richest cricket board only got richer on Tuesday. Oppo mobile manufacturer emerged as the highest bidder for the Team India sponsor as the BCCI raked in an all-time figures. The deal was struck as India battled it out against Australia for a series-levelling 75-run win in the second Test in Bangalore.

Ujjain train blast marks first IS attack in India; 10 injured, 8 arrested 
India > Ujjain train blast > Mar 08

In the first-ever strike in India by the so-called Islamic State, a module radicalised by the deadly terrorist organisation triggered a low-intensity blast in a train in Madhya Pradesh on Tuesday, injuring 10 passengers. 

Global fund to help solve India’s HIV drug crisis
India > HIV > Mar 08

After running out of the child-friendly HIV syrup, Lopinavir, India is likely to procure the drug from a rapid supply facility routed through the Global Fund for AIDS, Tuberculosis and Malaria (GFATM), a multilateral donor agency. Meanwhile, the Health Ministry on Tuesday released the first installment of the ₹6 crore payment due to Cipla Pharmaceuticals — the sole manufacturer of the drug. While the immediate crisis triggered by unpaid bills is being sorted, the shortage of the drug itself still looms large over India’s national HIV programme. India has a cohort of over 600 children who require 36,000 bottles of Lopinavir syrup annually.

North Korea bars Malaysians from leaving, in 'diplomatic meltdown'
World > North Korea-Malaysia > Mar 08

North Korea barred Malaysians from leaving the country on Tuesday, sparking tit-for-tat action by Malaysia, as police investigating the murder of Kim Jong Nam in Kuala Lumpur sought to question three men hiding in the North Korean embassy. Malaysia's Prime Minister Najib Razak accused North Korea of "effectively holding our citizens hostage" and held an emergency meeting of his National Security Council.

US to temporarily suspend premium processing of H1-B visas
India > H1-B visa > Mar 04

While the confusion with Trump's clear-cut stand on H1-B visa still looms, the administration has announced a hostile move that will hit businesses all across, especially the Indians who receive approximately 70% of the non-immigrant visas.

Oldest serving aircraft carrier INS Viraat to be decommissioned
India > INS Viraat > Mar 06

The world's oldest aircraft carrier in active service, INS Viraat, will be decommissioned on 6th March after serving the Indian Navy for nearly 30 years. INS Viraat's retirement+ will not only end a glorious chapter in the Indian Navy's history but will also create a vacuum as the sea hawks will be short of two aircraft carriers now. Earlier, INS Vikrant was decommissioned in 1997.

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