Current Affairs 27th December, 2015: Indian Oil Corporation in 2015 Fortune 500 Companies in India

Current Affairs 27th December, 2015: Indian Oil Corporation in 2015 Fortune 500 Companies in India

Harjinder Singh Starts Political Party in Britain

IOC

27.12.2015: Harjinder Singh, a corporate banking worker started his own political party in Britain.  This Indian origin man was a candidate for UK independence party for Birminghams Perry Barr constituency started his own part Open borders.

Indian Referee Ashok Kumar to Officiate at Olympic Games

27.12.2015: For the first time in Indian wrestling history, Indian referee Ashok Kumar will officiate at Olympic Games.  He will officiate in Rio Olympics Wrestling events 2016.

Shiva Keshavan Wins Silver Medal at Asian Championship 2015

27.12.2015: Indian Luger Shiva Keshavan won silver medal at Asian Championship 2015. Gold medal is won by Hidernari Kanayama of Japan.  Korea’s Dong Hyeon Kim won the bronze medal.

MoboMoney Contactless Wallet Launched by Tech Mahindra

27.12.2015: Tech Mahindra launched contactless wallet MoboMoney in India. Consumers can make payments by converting cash into e-cash.  This is a prepaid wallet and can be used to Tap N Pay for services.

Indian Oil Corporation in 2015 Fortune 500 Companies in India

27.12.2015: Indian oil corporation topped the annual list of 2015 Fortune 500 companies.  The company topped the list for the sixth time in row.  Annual revenue of the company is Rs. 4,51,911 crore. Reliance industries is in the second place with an annual revenue of Rs. 3,82,565 core. Tata Motors, state Bank of India and Bharat Petroleum are in third, fourth and fifth positions.  Hindustan Petroleum, Oil and Natural Gas Corporation, Tata Steel, Hindalco Industries and Tata Consultancy Services are the other companies in top positions.

One Child Policy Ended Officially by China

27.12.2015: China officially ended the one child policy.  The policy was introduced thirty years ago.  Couples in the country were allowed to have only one child.  With the new decision of the lawmakers, couples can have a second child.  The one child policy helped prevent more than four hundred million births in the country in these thirty years.  One of the reason for ending the policy is said to be the increasing ageing population and shrinking workforce.