Sunrisers blaze away in opener


1.Sunrisers blaze away in opener :-

Defending champion Sunrisers Hyderabad began on a rousing note, notching up a 35-run win over Royal Challengers Bangalore in the IPL-10 opener at the Rajiv Gandhi Stadium here on Wednesday.

2.Flipkart may steal a deal on Snapdeal :-

Flipkart is the frontrunner to acquire smaller rival Snapdeal and a deal is likely to be sealed within a month’s time, according to people aware of the developments.

Softbank, a major shareholder in Snapdeal, is tweaking its proposals to resolve an impasse over valuations with other key co-investors Kalaari Capital and Nexus Venture Partners, said one of the persons, who did not wish to be identified.


3.Adityanath serves legal notice to NC leader for ‘spreading hatred’ against BJP :-

Uttar Pradesh Chief Minister Yogi Adityanath has served a legal notice to National Conference spokesperson Junaid Azim Mattu for allegedly spreading hatred against the BJP.“UP Chief Minister Yogi Adityanath has sent a legal notice of defamation to National Conference state spokesperson Junaid Azim Mattu through counsel for Government of India Abhishek Atrey for ‘a habit of spreading hatred against the Bharatiya Janata Party’ and ‘spreading false stories against Mahant Yogi Adityanath by blaming him that he asked Hindus to rape dead Muslim women’,” the NC said in a statement here on Wednesday.

4.Cabinet approves setting up rail regulator :-

The Union government on Wednesday approved setting up Rail Development Authority (RDA), an independent regulator to recommend passenger and freight fares and set service level benchmarks.

“Union Cabinet has approved a major policy reform in Railway sector. The RDA will be set up as an independent regulatory body in New Delhi,” .

5.Facebook leads consortium to counter fake news :-

To ensure the news that Internet users get is not fake, Facebook is leading a consortium that is pouring $14 million into the creation of a News Integrity Initiative.

Apart from academics and non-profits, Mozilla and Wikipedia founder Jimmy Wales are also part of the consortium.

6.Paes looked good but team not yet finalised: Bhupathi :-

India’s non-playing captain Mahesh Bhupathi on Wednesday said he will assess Leander Paes at training before deciding on the team composition for their Davis Cup tie against Uzbekistan, starting in less than two days.

“The team has not yet been finalised. I have seen Leander for the first time today. Let us see how it goes,” he told reporters ahead of India’s training session here.

7.Academy sets Oscar dates for next four years :-

The Academy of Motion Picture Arts and Sciences and ABC have announced the dates of Oscars and also declared the dates till 2021.

90th Oscars: March 4, 2018

91st: February 24, 2019

92nd: February 23, 2020

93rd: February 28, 2021

The date for the 90th Oscars, which had already been announced, is moving into March as not to compete with the Winter Olympics.

The closing ceremony of the Games in Pyeongchang, South Korea, will be held on February 25.

The next Oscars will take place at Hollywood’s Dolby Theatre.

8.‘Liquor ban to hit tourist arrivals, forex earnings’ :-

The Supreme Court order banning the sale of liquor within 500 metres of a highway will impact foreign tourist arrivals, foreign exchange earnings and result in job losses potentially affecting 10 lakh people, according to a top official of The Federation of Associations in Indian Tourism and Hospitality (FAITH).

 9.In a first, foreign buyer bids for SME IPO :-

A foreign investor has participated in the public issue of a small and medium enterprise (SME) for the first time since the segment was introduced five years ago on the BSE and the NSE.

10.Centre mulling new 200 note :-

The Centre is examining a proposal from the Reserve Bank of India (RBI) to introduce ₹200 denomination currency notes to improve the cash situation.

According to the sources, a smaller denomination note will improve liquidity. In November last year, the Centre announced the demonetisation of ₹1,000 and ₹500 notes. While a new ₹500 note was introduced with added security features, a new ₹1,000 note was not reintroduced. Instead, a new ₹2,000 denomination currency note was introduced.