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[PIN-Oct] Part-3/3: Sports, ASIAN Games 2014, and BusinessGK

Posted By Mrunal On 03/11/2014 @ 10:00 am In PIN | No Comments

1. Sports: Oct 2014

1. 17th ASIAN games
2. Olympic Gold Quest (OGQ)
3. Hockey
4. HERO Indian Super league Football
5. World Kabaddi League (WKL)
6. Tennis
7. Misc.
8. Sportsmen in controversy
9. IPL match fixing probe
10. Paes vs Patriotism
11. Sarita Devis boxing medal
12. Foreign players in controversy
2. Business GK: October 2014
1. Mobile, IT, E-commerce Related
2. Railways
3. Housing and misc.
4. Black money names
5. Automobile
6. Pharmacy

Sports: Oct 2014

17th ASIAN games

Mascots of
2014 ASIAN
games
Vichuon light
Barame Wind
Chumuro dance

Theme

More basics
Diversity shines here
Games at Incheon, S.Korea
Para Asian Games (for disabled) also held here.

2014

2018
Games at Indonesia.
Indias flagbearer
Indian hockey team captain Sardar Singh.
Indias Chef-de-mission Adille J. Sumariwalla
Highest medal tally: China > S.Korea > Japan
India on 8th number. (in 2012, we were at 7th rank)
India won total 57 medals 11 gold, 10 silver and 36 bronze.
Since it is humanly impossible to mugup 57s list. Im focusing only on the high-profile
winners. You may get the full list on wikipedia:
http://en.wikipedia.org/wiki/India_at_the_2014_Asian_Games#Medalists

Gold List not exhaustive, only high profile names

Wrestling 65 kg
Yogeshwar Dutt
Mixed Tennis

Sania Mirza
Saketh Myneini

Women boxing 51 kg
Mary Kom
Hockey
Team India
Kabbadi- both men and women teams Team India

Silver: List not exhaustive

Women: Dipika Pallikal, Joshna Chinappa
Men: Saurav Ghosal

Squash

Discus Vikas Gowda

Bronze: List not exhaustive

10m Air-Rifles
Abhinav Bindra.
Tennis Singles
Yuki Bhambri
Womens doubles

Sania Mirza
Prarthana Thombare

Badminton

Sania Nehwal
PV Sindhu
Ashwini Ponnappa

Olympic Gold Quest (OGQ)

Not for profit company by noted Sportsmen such as Geeth Sethi, Prakasha Padukone,
Leander Paes, V.Anand etc.
other than the President of India, only Olympic gold medallists have the power to raise
the Indian national flag in a foreign land, accompanied by the national anthem.
OGC funding has helped Indian athletes win medals in Asian games. Next task: 8 gold
medals in Rio Olympics in 2016.

Hockey
Indian defeated Pakis in 17th ASIAN Games at Incheon, South Korea.
India had Won ASIAN games last time in 1998.
Now India got direct ticket to mains exam i.e. Rio Olympics 2016.
Pakis will have to write prelims i.e. qualifying match to get Rio ticket.
Terry
Walsh
Sultan of
Johor
MS Dhoni

Australian coach of India hockey team. He had resigned after ASIAN games but
now took back his resignation.
Under-21 hockey title. India defeated Great Britain
Bought Ranchi team of Hockey India league.

HERO Indian Super league Football

IMG and Reliance joint venture has launched this IPL type business model, for Football.
TV Partner: Star channel.
First season began in Kolkata from Oct 2014.
Final match yet to be played.
Peter
During Indian Mizoram Premier League match, hem made a Backflip to
Biaksangzuala celebrate his goal, injured his back and died.

World Kabaddi League (WKL)

Chairman: Punjabs Dy.CM Sukhbir Singh Badal. TV partner: Sony.

First season in August 2014, will run upto December 2014! Total 94 matches in double
round robin format.
Abhiskeh Bachchan bought Jaipur team.
Yoyo Honey Singh, Akshay Kumar, Sonaxi Sinha etc also own teams.
So far, 23 players caught for using steroids.

Tennis
WTA Finals in Singapore
event
Won
lost
Singles Serena Williams (USA)
Not important
Doubles

Sania Mirza (India)

Cara Black (Zimbabwe)

Peng Shuai, China

Hsieh Su-wei, Taipei

China Open 2014

Category
Won
lost
women
Maria Sharapova Petra Kvitova
men
Novak Djokovic Tomas Berdych

Shanghai Open 2014

Category
Won
lost
Single man Federer (Swiz)
Not important
Doubles men Bob and Mike Bryan (USA) Not important

Paris Open 2014

Category
Won
lost
Single man Djokovic (Sebia)
Not important
Doubles men Bob and Mike Bryan (USA) Not important

Misc.
Mary
Kom
Pankaj
Advani
Chess

Samsung Most valuable player (MVP)

Defeated Singapores Peter Ghilchrist in world billards championship
Now he owns 3 titles: the IBSF World 6Red Snooker, World Team Billiards
and World Billiards Championship (point format)
World chess championship (under-10) title, Nihal Sarin

Sportsmen in controversy
IPL match fixing probe
SC commission for IPL-6 Spot fixing
Chairman Retired justice Mukul Mudgal

Members

Additional Solicitor General L. Nageswara Rao

Advocate Nilay Datta
Narcotics Dy.DG B.B. Mishra
Ex-cricketer Sourav Ganguly

Theyve submitted report. Next hearing on 10th Nov.

Main heros in match-fixing

Cricketers S.Sreesanth, Ajit Chandila and Ankeet Chavan
Son in law BCCI President N.Srinivasans Son in Law Gurunath Meiyappan
Bollywood Dara Singhs son Vindoo Dara Singh.

Paes vs Patriotism
Sports-minister

Leander Paes

Government wont give financial aid to athletes who

remain unavailable for national duty.
But Ive not got any
This remark indirectly made against Leander Paes because financial aid from
he did not attend ASIAN games, because he wanted to
Government since 2012.
compete in ATP matches.

Sarita Devis boxing medal

During ASIAN games 2014, Sarita Devi had dominated her 60kg semifinals against
Korean boxer Ji-Na Park. Yet Sarita Devi declared loser and given bronze medal.
Later she refused to accept medal during ceremony.
But Olympic council of Asia gave her stern warning. So she apologized and took the
medal.
New development:
International Boxing Association has suspended L. Sarita Devi, her coaches and Indian
chef-de-mission Adille J. Sumariwalla from future boxing events for this indiscipline.

Foreign players in controversy

Michael
Phelps

Olympic champion swimmer.

USA Swimming body suspended him for 6 months for drunk driving.

Oscar
Pistorius

2012: He was first double amputee to compete @Olympics and

paralympics at London.
Got 5 years jail for shooting girlfriend in South Africa.

Business GK: October 2014

Relevance in exam? Mainly at one place: MBA interviews. After you give the sales pitch on
Why MBA?, panel usually ask the bizGK questions to test your awareness.
IMFs GDP forecast
Oct-2014
Year India China
2014 5.6
7.4
2015 6.5
7.1

Oil and gold

Oil

$83 per barrel

Lowest in 4 years

Gold

Bureau of Indian Standards (BIS).

New facility: get your gold tested at local BIS office.
If quality less than A&H hallmark then A&H will have to pay fine to customer.
A&H: Assaying and Hallmarking (A&H) Centre.

Mobile, IT, E-commerce Related

Google
CEO Larry Page
India born executive Sundar Pichai is now in-charge of googels internet products, search
engine, google+, adwords.
Orkut is shut down.
2004: Both Orkut and Facebook were started. Orkut was named after google employee
Orkut Bykkkten.
2008: Orkut had 3 times more members than Facebook. 1.3 crore in India alone.
services
New email service inbox. But user can join only on invitation.
Google re-designed its search page to load faster on slow-internet mobile phones. On
such phones, google will not display images and maps.

Blippar

Google app using augmented reality technology

Point your smartphone at any object, and the app will launch an
advertisement or discount offer related to it.

HealthMemo

Google App to store medical records of the patient.

Designed by a Chennai group.

Apple and
Facebook

Theyll cover the costs of women employees who want to freeze their eggs to
delay child-birth, to focus on their career.

WhatsApp

founders Jan Koum and Brian Acton finally received Facebook shares worth
$9 billion for selling their app.
Jan Koum will join as a board of director in Facebook.
>500 million whatsapp users in Brazil, India, Mexico and Russia.

Flipkart

Fiasco during Big billion day sales offer. Discounted products sold out too
quickly.
Commerce minister said theyll look at the issue, but now she says no
inquiry against flipkart.

Facebook

Mark Zuckerberg visits India, meets Modi, announces $1 million fund to

develp apps for farmers, migrants and women.
Facebook safety checkap. A tool that lets users notify friends and family
that they are safe after natural disasters.

Apple

CEO Tim Cook revealed he is gay.

Apple pay: mobile payment system. You can flash iphone to pay for food,
cloths and goods at certain retail stores.

Vodafone

Xiomi

Won 1800 Mhz spectrum in Feb 2014 auction. But Government hasnt given the
delivery yet.
Chief Lei Jun.
Not selling phones in USA yet, because worried that Apple will sue it for
design patents.
Began shifting data from its Chiese servers after privacy concerns of foreign
customers.
Indian Airforce has ordered its staff not to use Xiomi phones because of
this chinese angle.
Chief: Yang Yuanquing

Completed the acquisition of Motorola from Google, worth ~3 billion USD.

Now, largest smart phone makers in India: Samgsung > Micromax >
Lenovo.

Lenovo

Yahoo

CEO Marissa Mayer will shut down India R&D centre to reduce costs

Microsoft

Itll drop Nokia name from Lumia phones.

So, in future, theyll be called Microsoft Lumia.
Nokia 130: color screen, built-in music player with up to 46 hours
continuous playback on a single charge, for Rs. 1,649 in India.

Nokia

Ajey Mehta MD.

Will shut down Sriperumbudur SEZ-factory near Chennai from 1st
November 2014.

Reliance

Wants to Merge Reliance Jio Infocomm and its long distance services arm
Infotel.
Isha Mukesh Ambani joined Reliance Jios Board
Akash Mukesh Ambani joined Reliance Retail ventures.

Snapdeal

Got ~630 million$ funding Japans softbank

Ebay and Ratan Tata also own stakes in this company.

Infosys

Founder N. R. Narayana Murthy will not continue as the Chairman Emeritus of

Infosys.
Lowest profit in 3 years.
Galaxy sales down after arrival of Iphone 6.

Samsung
Raymond
Cognizant
Amazon

Launched online shopping store Raymondnext.com

Bought Cadient group for digital marketing in USA.
CEO Jeffery P. Bezos met Modi. Plans to invest $2 billion in India

Telecom subscriber base in India

Total ~95 crore.
Largest subscribers base: Idea
In 2014, Most new customers added to: Vodafone > Aircel > Idea.
BSNL: lost 50,000 customers.

Railways
India railways
Plans to privatize the ticket selling ops. Under this scheme, private player can open
booth in railway station to sell tickets.
Premium Tatkal scheme launched in 80 trains. Itll change tatkal ticket price dynamically
as per demand rush.
Tokyo Bullet train
Completed 60 years on 1st October
Highest speed 300 but avg. speedwise Chinese trains faster.
Maglev technology: Magnetic levitation
China: >400 kmph
Japan trials: >500 kmph

Housing and misc.

Tata

Launched site to purchase homes online. Tatavaluehomes.com

Its boss KP Singh had hidden info. regarding pending legal cases during
2007s IPO.

SEBI has banned DLF from sharemarket and from upcoming REIT real
estate investment trust funds.

DLF

BSE
JP Morgan
Chase

BSE and United Stock Exchange of India Ltd (USE) plan to merge their ops.
User accounts hacked.

Black money names

Pankaj Lodhiya Gold trader from Rajkot, Gujarat
Pradip Dabar Belongs to Darab group family
Radha Timblo Miner and Hotelier from Goa.

Automobile
CKD
mode

Government has importsed 75% custom duty on Imported bikes above 800CC
capacity.
So, foreign companies sending Completely knocked down (CKD) bike-kits.
Theyre assembled at Indian facilities. Lower tax, cheaper MRP.

Peugeot

Worlds Oldest scooter mfg. company from France.

Mahindra group wants to buy 51% in it.

Renault French automobile company. Wants to sell used cars in India.

Pharmacy
Cipla

New drug Onbrez for respiratory diseas.

It is low-cost generic version of Novartis Indacaterol.
Cipla will also setup a mfg. unit in Iran

Eli Lilly

Cycloserin drug for MDR-TB

gave license to Indias Shasun Chemicals.

Delamanid New MDR-TB. Just got clinical trial approval from WHO
For other parts visit Mrunal.org/PIN.

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