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1.Sri Lanka is eager to share the opportunities created by major government plans such as Make in India and Digital India.
2.Fourth round of Commerce Secretary-level talks to begin in New Delhi today
3.Sri Lankan sources told that finding space for Sri Lankan entrepreneurs in major Indian industrial schemes will be a key issue during the fourth round of the Commerce Secretary-level talks planned on December 21.
4.Sri Lanka would push for conclusion of ETCA (Economic and Technological Cooperation Agreement), which is more focused on increasing the Sri Lankan share in Indian opportunities. An agreement on ETCA will be a major achievement in enhancing bilateral economic ties.
BSE-LISTED COMPANIES SPEND $1 BILLION ON CSR
1.Nearly 1,200 companies listed on the BSE together spent one billion dollars or Rs.6,400 crore towards corporate social responsibility activities in 2014-15, with majority of funds utilised for education, skills, health and sanitation sector, according to a report.
2.Under the new Companies Act, a certain class of profitable companies must spend every year at least 2 per cent of their average net profit over the preceding three years on CSR.
3.The norms, which are applicable on a 1,294 BSE-listed companies, came into effect starting April 2014.
CENTRE EARNS $5 BN BY PSU SHARE SALE THIS YEAR
1.Government’s disinvestment kitty has almost doubled this year with over Rs.35,000 crore garnered through PSU share sales, but not without the help of its all-time saviour LIC, while a strong pipeline is ready for 2016 with bluechips such as NTPC, Coal India and ONGC.
2.At a record high of Rs.35,236 crore ($5.3 billion), the total funds collected by the government through part-sale of its stake in the ‘family silver’ PSUs during 2015 marks a huge jump from about Rs.18,000 raised in the previous year.The disinvestment proceeds stood at about Rs.22,000 crore in the year 2013.
LYNGDOH AND BALA DEVI WIN TOP AWARDS
1.Bengaluru FC (BFC) midfielder Eugeneson Lyngdoh was named the 2015 All India Football Federation (AIFF) Player-of-the-Year on Sunday. India skipper Bala Devi was voted the woman Footballer-of-the-Year, AIFF president Praful Patel announced at the AIFF AGM held in Margao.
2.Lyngdoh enjoyed a good season, 16 assists and eight goals, which earned him the I-League Best-Midfielder award.
3.The 29-year-old was also named the Players’ Player-of-the-Year’ and Fans’ Player-of-the-Year at BFC’s annual awards night earlier this year. Lyngdoh received a call-up to the India team in March.
ABHAY SINGH WINS SINGAPORE OPEN
1.Living up to his top billing, India’s Abhay Singh won the boys Under-19 title, beating second seed Alwin Chai of Malaysia 11-8, 11-3, 11-8 in the final of the Old Chang Kee Singapore Squash Open on Sunday.
2.Abhay, world number junior player, now has a tally of seven junior titles this year, two of them international.
CHENNAI CLINCHES GOLD
1.Darius Chenai defied the odds and a strong field to clinch the men’s trap gold in the 59th National shotgun championship at the JDA range here on Sunday.
2.In an unimaginable climax, the 53-year-old Darius beat the president of the National Rifle Association of India (NRAI), Raninder Singh, 13-10 for the gold. Former World champion and six-time Asian champion Manavjit Sandhu pipped the qualification topper Prithviraj Tondaiman for the bronze medal.
TATA MOTORS ONLY INDIAN FIRM ON TOP-50 GLOBAL R&D LIST
1.Tata Motors has entered the top-50 league of the world’s biggest companies in terms of their R&D investments, topped by German automaker Volskwagen.
2.Tata Motors has moved up from 104th position last year to 49th now and has also shown the largest increase in R&D (Research and Development) investments on the list. However, most of this R&D is at its UK subsidiary Jaguar Land Rover.
WAR-TORN IRAQ GETS ITS FIRST BEAUTY QUEEN SINCE 1972
1.The jury chose Shaymaa Abdelrahman, a tall, green-eyed 20-year-old from Iraq’s multi-ethnic city of Kirkuk.
2.The winner said she would use her fame to forward educational initiatives, especially among the massive population of people who have been displaced by conflict.