CURRENT AFFAIRS FOR 8TH OCTOBER 2015

CORPORATE AFFAIRS, TECHNOLOGY AND E-COMMERCE

1. Amazon India, Flipkart and their rivals could soon face tax complications with Karnataka proposing 1% levy on payments by buyers to sellers on E-Commerce sites.The National Association of Software Companies has been asked to give submission on this proposal.
2. Online retailer Amazon has injected Rs 1,237 Crores into Amazon Seller Services Pvt Ltd making it the biggest infusion of capital ito its Indian Flagship firm since it entered the country in 2013.
3. Tata Teleservices is applying to liberalise its CDMA airwaves in at least four circles Andhra Pradesh, Delhi, Mumbai and Maharashtra a possible first step towards a spectrum trading pact with Telenor's Indian arm which needs to offer fourth- generation services to stay relevant in the country's competitive high speed data market.
4. Volkswagen has asked its dealers in India not to deliver its premium hatch back Polo to its new buyers until its further notice.
5. Reliance Infrastructure has decided to exit cement business by putting Reliance Cement up for sale. The promoters are expecting an enterprise valuation of Rs 5,500-6000 Crores.
6. Japanese housing and building materials trading firm Sumitomo Forestry has bought a 26% stake in India's Spacewood for Rs 91 Crores making it first foreign direct investment in furniture manufacturing in the country.
7. Celebrity Chef Sanjeev Kapoor and Raavi Saxena Co-founder of kitchen appliance maker Wonderchef along with two foreign partners will invest Rs 13 Crores in food startup Zuper Meal.
8. With stringent checks on sellers and processes E-Bay India has been able to hold on to a defect rate of 1.5 at its platform over the decade.
9. 8 million number of business PC's running on Windows 10.
10. Jasper Infotech which owns and operates Snapdeal.com has invested an additional Rs 131 Crores in logistics and delivery services venture GoJavas.
11. Flipkart appointed Ram Papatla as Vice-President of Product management.
12. Vodafone selects Kerela for 4G services roll out by year end.
13. Telenor India is offering free life insurance to all its customers in India.
14. BMR advisors a home grown consulting firm is in merger talks with KPMG.
15. Former WIPRO employee Shreya Ukil has sued the company for $ 1.2 million accusing a former senior executive of sexual harassment and the company for unfair dismissal.
16. There is an 117% increase in cyber crimes and 135% increase in financial loss due to cyber crime incidents in India.
17. Domestic Consumer sentiment has dipped to its lowest level since November 2012.
18. Shoppers stop lines up Rs 60 Crores for Digital Play.
19. Apollo Health and Lifestyle, wholly owned subsidiary of Apollo Hospital Enterprise is looking to raise Rs 300- 500 Crores funding from private equity players for expansion.
20. SABMiller has rejected long with $ 104 billion takeover bid from AB Inbev.
21. CCD's Rs 1,150 Crore IPO opens on October 14 2015.
22. Quikr turns Unicorn with $ 1.5 billion valuation.
23. HC restrains Glenmark from selling MSD drug.
24. Temasek Holdings along with TPG Growth and Abraaj holdings are in race to acquire multi-speciality chain Care Hospitals Advent International at Rs 1,700 Crores.

POLITICS, ECONOMY, ENTERTAINMENT, SPORTS, CRIMES AND WORLD NEWS

1. The SC has refused to accede to the Centre's demand to permit use of Aadhaar cards as proof of identity by Banks, stock markets and telecom firms.
2. International travellers buying goods in India will be able to claim refund of taxes in produced goods and services tax regime. 
3. Sachin Tendulkar is set to take control of Kerela Blasters, the Kochi based Indian Super League (ISL) franchise, by raising his stake and will also get Muthoot Group as new Co-owner.
4. Culture Minister Mahesh Sharma has a new assignment at hand. The Centre is set to launch nationwide cultural fest- BHARTIYA SANSKRITI MAHOTSAV on October 24.
5. VHP leader Sadhvi Prachi denied entry into Bishada village in view of prohibitory orders imposed by administration.
6. Pakistani Ghazal singer Ghulam Ali's concert in Mumbai to pay tribute to late singer Jagjit Singh was cancelled after Shiv Sena raised objections.
7. President Pranab Mukherjee has urged citizens to uphold tolerance and plurality which have been hallmark of Indian citizens.
8. Beef ban hits Rs 2,500 Crores cow breeding business in Punjab.
9. Rupee closes eight week high from 65.96 to 64.41 per dollar.
10. China's Yuan overtook Japan's Yen to become the fourth most used currency for global payments.
11. Cabinet will take a Final call on FDI proposals woth Rs 13,200 Crores of Sistema Shyam Teleservices and IIFL holdings.
12. Centre advises states to gradually raise Power Tariffs.
13. The cabinet cleared the decks for giving 78 day wages as productivity linked bonus to over 12 Lakh railway employees for 2014-15.
14. The Cabinet Committee on Economic Affairs approved a Rs 1,439 Crores project for merchanisation of three berths at Paradip Port on Public-Private partnership basis.
15. The Government approves a Rs 500 Crores project for building a National War Memorial and a National War Museum near India Gate. 
16. Actor Sahil Chadha's International film 'Utopia' enters Oscar race.
17. AR Rahman to receive The Hridaynath Mangeshkar Award on October 26.
18. APJ Abdul Kalam Azad's birthday on Oct 15 will be no school bag day and will be seen as Vaachan Prerna Diwas in schools across the Maharashtra state.
19. Hindi poet and literary critic Ashok Vajpeyi would return Sahitya Academi award while Urdu writer Rahman Abbas would return Maharshtra State Urdu Sahitya Academy Award.
20. Pesticide ruins 2/3rd of Punjab cotton and 15 farmers commit suicide.
21. Suraj Parmar owner of Cosmos Group shoots himself and blames Government and politicians
22. Maharashtra Government exempted payment of entertainment duty to the Australian World Orchestra Concerts conducted by Padma Vibhushan Zubin Mehta on October 25 and 26.
23. Prices of pulses double in 4 months.
24. RDX seized in German Bakery blast produded before High Court.
25. International Survey has rated Maharashtra as the state with the most potential in India for tourism, travel and leisure.
26. Suburban commuters of both Western Railway and Central Railway will be able to buy paperless season tickets through mobile application.
27. 6 of top 10 cities high on porn are in India.
28. An RTI activist Daniel Jesudas receives 32kg of replies on the expenditure and details of  work sanctioned by executive officer of Vellalore town panchayat for a period of six months August 2014 to February 2015.
29. Dilip Kumar asks Pakistan PM to end Kargil War.
30. Punjab farmers refuses state government's aid of Rs 640 Crores.
31. Swachh Bharat Programme is set to include measures to dispose e-waste too.
32. The Cabinet approved proposals for setting All India Institute Of Medical Sciences (AIIMS) in Nagpur, Mangalgiri and Kalyani at a cost of Rs 4,949 crores under Pradhan Mantri Swasthya Suraksha Yojana.
33. Rajasthan Government banned Mawa and all its products to check possible adulteration duriing Diwali.
34. Tax authorities are investigating if HSBC and some of its executives have allegedly opened accounts in unauthorised manner to facilitate deposits of Indian Overseas violating regulations.
35. The ban on Maggi may soon be withdrawn in Karnataka.
36. AIMIM legislator Akrabuddin Owaisi was arrested for alleged inflamatory speech at Sontha.
37. Researchers found that teens who spend 14 hours surfing on Net have high blood pressure and weight gain.
38. New ' Habitability Index' to help find alien life.
39. Rare Indian paintings sells for 4.6 million pounds.
40. Gujarati tray fetches 9,62,500 pounds at UK auction.
41. Emerging market companies have overborrowed $ 3 trillion.
42. Actress Nalini Negi and two others have been booked for allegedly stealing cash and valuables worth Rs 1.87 Lakh from Malad Flat.
43. CBI arrested Manoranjana Singh wife of former union minister and Congress leader Matang Singh in connection with Multi crore Saradha Scam.
44. India has been ranked as one of the world's worst place to die while UK has been found to be the World's Best place to die.