Current Affairs of 4 September 2015

1. Commemorative coins of Rs 125, Rs 10 released in honour of former President S Radhakrishna
Prime Minister Narendra Modi  released two commemorative coins of 125 rupees and 10 rupees in the memory of former President Sarvepalli Radhakrishnan.
Modi released the coins at a function of his interaction with the central school students at Zorawar hall, Manekshaw Centre in New Delhi. The interaction session was organised on the eve of Teachers Day, which is celebrated across India on 5 September 2015.
Teachers Day celebrates the birthday of India's second President and scholar Dr Radhakrishnan.


2. Edelweiss signs up Saina Nehwal as brand ambassador
Edelweiss Financial Services Ltd has signed up World No 1 women’s 
badminton player Saina Nehwal as its brand ambassador. This is the first such brand association for Edelweiss. As part of the three year deal, Nehwal will feature in communication that will be part of a national multimedia campaign.
Additionally, as Sponsor, the Edelweiss brand logo will appear on Nehwal’s jersey across domestic and international tournaments that she will be participating in over the period of the association. The multi-crore deal was initiated by IOS Sports & Entertainment.
The Edelweiss Group has an asset base of Rs. 27,000 crore and has presence in all areas of financial services such as credit (including housing finance, retail finance, distressed assets credit and agri finance), commodities, financial markets, asset management and life insurance.
Edelweiss and its philanthropic arm EdelGive Foundation closely work with Olympic Gold Quest to promote women in sports, becoming one of the first to support Olympians like Mary Kom long before she became a world boxing champion.

3. Marvan Atapattu resigned as Head Coach of Sri Lanka Cricket team
Marvan Atapattu announced his resignation as head coach of Sri Lanka cricket team. His resignation was accepted by the Sri Lanka’s Cricket Board. 
He resigned just two-days after the team’s Test series loss to India at home. The series loss was their first to India on home soil since 1993. Apart from this, Sri Lankan team has lost four Tests out of six since June 2015. 
Atapattu first became the batting coach of Sri Lanka cricket team in 2011 and in April 2014 he was made interim head coach of the team following Paul Farbrace resignation. 
 In September 2014, he was made the head coach of the team making him the first full-time coach of the team in 15 years.

4. Haryana bagged Skoch Order-of-Merit National award for implementing e-governance initiatives
Haryana on 3 September 2015 bagged the Skoch Order-of-Merit national award for implementation of six e-Governance and IT initiatives in the state. 
The award will be presented to the state government during the 41st Skoch Summit - Transformative Governance, scheduled to be held on 22-23 September 2015 in New Delhi.
The information in regard to the award was provided by Chief Minister Manohar Lal Khattar in the state assembly on the second day of the monsoon session of Haryana Vidhan Sabha.

5. Former Goa CM Dr Wilfred de Souza passes away
Former Chief Minister of Goa Dr Wilfred de Souza passed away in Panaji. He was 88. He had served as Goa CM for three times and was known for his combative brand of politics. He was key politician to bring Congress to power in Goa in 1980.

6. ONGC buys 15% stake in Russia’s 2nd-largest oil field from Rosneft
State-owned Oil and Natural Gas Corporation (ONGC) has bought a 15 per cent stake in Russia’s second-largest oil field Vankor from Rosneft for about 1.35 billion US dollars. In this regard, ONGC Videsh Ltd (OVL) the overseas investment arm of ONGC has signed agreements to buy 15 per cent stake in the Vankor oil field located in East Siberia. The agreement to buy stake in Vankor was signed by the OVL Managing Director Narendra Verma and Chairman of Rosneft Management Board Igor Sechin in Vladivostok.
Presently, Rosneft (Russian national oil company) holds 100 per cent stake in Vankor which started production in 2009. With this stake acquisition Rosneft, stake will come down to 85 per cent. The stake acquisition is subject to relevant board, Russian government and Regulatory approvals and is expected to be completed by mid-2016. This is fourth biggest acquisition by OVL.

7. SAARC countries’ conference on Disaster Mitigation begins in New Delhi
Disaster Mitigation conference of member counties of South Asian Association on Regional Cooperation (SAARC) has begun in New Delhi on 3 September 2015. The two day conference seeks to chalk out and undertake various joint efforts on various issues related to disaster mapping and mitigation in the member nations. Key facts -The conference is being held by keeping in mind the prevalent geo-climatic conditions as well as increased frequency of natural disaster and calamities in the SAARC region. It is also being held in the wake of the recent Nepal earthquake (April 2015). It calls for enhanced levels of preparedness and risk resilience amongst member countries. It also seeks collaborative action amongst member countries to deal jointly and individually in disaster situations and ensure minimal loss of lives and property

8. RBI to issue Rs 5 coin on golden jubilee of 1965 Indo-Pak war
Reserve Bank of India (RBI) has decided to issue coins of 5 rupees denomination to commemorate golden jubilee year of Indo-Pak War 1965. These coins will be issued under in The Coinage Act, 2011 and will be considered as legal a tender.

9. Union Government cancels registration of Greenpeace India
Union Government has cancelled licence of Greenpeace India, a non-profit Non-Governmental Organisation (NGO) to receive foreign donations. The license was cancelled by Union Ministry of Home Affairs as per under Section 13 of Foreign Contribution Regulations Act (FCRA), 2011. Henceforth, Greenpeace India will be not able to receive any kind of foreign donations from its international network. Earlier in April 2015, MHA had suspended the license of Greenpeace India for six months for mixing foreign and domestic funds and not disclosing the movement of its funds. Greenpeace India had filed a petition challenging this suspension in the Delhi High Court. The court had allowed the NGO to use two of its accounts for the purpose of receiving and utilising fresh domestic donations for its day-to-day functioning.

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