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Bangladeshu2019s Grameen bank ranked 12 in Fortuneu2019s Change the World List

Bangladesh’s Grameen bank on August 25, 2015 was ranked 12 in Fortune’s ‘Change the World List. The bank was ranked for creating economic opportunities for the poor and bringing unbanked people under financial services. The bank was ranked 12th among 51 companies that have made significant contributions in addressing major social problems as part of their core business strategy.  The list was topped by UK based telecom Vadafone and Kenya-based Safaricom. Google (Alphabet) and Toyota ranked second and third in the list. Yahoo, Walmart and Jain Irrigation systems secured the top ten ranks. Fortune’s Change the World List ranked companies not on the dollars they make, but on goods deeds they do

About Grameen Bank
The micro-finance institute was founded in 1976 by Nobel Laureate Muhammad Yunus. Since its inception, Grameen Bank has provided small collateral-free loans amounting to over 17.4 billion US dollar to over 8.7 million people, mostly impoverished women, which has lifted them above the poverty line. Its model has been copied around the world including US and India.
In October 1983, the Grameen Bank was authorized by national legislation as an independent bank. In 2006, the bank and its founder, Muhammad Yunus, were jointly awarded the Nobel Peace Prize. In 1998 the Bank’s Low-cost Housing Program won a World Habitat Award.

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Sri Lanka's Kumar Sangakkara retires from international cricket.

In the world of cricket, names don’t get much bigger than Kumar Sangakkara. The 37-year-old Sri Lankan player has earned the accolades of just about everyone in the sport, so when he retired this week after an illustrious career . Several thousand cheering fans, many of them schoolchildren waving Sri Lankan flags along with VIPs, turned out to salute Sangakkara at the end of the second Test against India in Colombo. Thousands turned out on Sunday to see Sangakkara's final international innings. But he was denied a dream end to his career when he was caught tapping a full toss to the short mid-wicket fielder for 18 . Sangakkara was one of the leading cricketers in world cricket for the last 15 years during which played in 134 Tests (scoring 12,400 runs, 182 catches (131 catches as a wicket-keeper) as well as 20 stumpings), 404 ODIs (14,234 runs, 402 catches (383 as wicket-keeper) and 99 stumpings) and 56 T20Is (1,382 runs, 26 catches as wicket-keeper and 20 stumpings). He also led Sri Lanka in 15 Tests, 45 ODIs and 22 ODIs. One of his finest hours came when he inspired Sri Lanka to the final of the ICC Cricket World Cup in 2011.

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Dronacharya Awards, Dhyan Chand Awards and Rashtriya Khel Protsahan Puruskar 2015

                           

The Dronacharya Award, instituted in 1985, are given to honour eminent Coaches who have successfully trained sportspersons or teams and enabled them to achieve outstanding results in international competitions. Dhyan Chand Award for Lifetime Achievements in Sports and Games, instituted in the year 2002, is given to honour those sportspersons who have contributed to sports by their performance and continue to contribute to the promotion of sports even after their retirement from active sporting career. Rashtriya Khel Protsahan Puruskar, introduced in 2009,  are given to entities, both in public sector and private sector and non-governmental organizations, with a view to recognizing the contribution made to sports development. Rashtriya Khel Protsahan Puruskar has four categories, namely, Identification and nurturing of budding/young talent, Encouragement to sports through Corporate Social Responsibility, Employment of sports persons and sports welfare measures and Sports for Development.
                                               
Based on the recommendations of the Committee and after due scrutiny, the Government has approved to confer Dronacharya Awards, Dhyan Chand Awards and Rashtriya Khel Protsahan Puruskar for 2015 upon the following coaches, persons and entities.
 Dronacharya Awards 2015
S.No    NAME OF THE COACH    DISCIPLINE
1    Shri Naval Singh    Athletics-Para-sports
2    Shri Anoop Singh    Wrestling
3    Shri Harbans Singh    Athletics- Lifetime
4    Shri Swatantar Raj Singh    Boxing- Lifetime
5    Shri Nihar Ameen    Swimming-Lifetime

Dhyan Chand Award 2015
S. No.    NAME OF THE SPORTSPERSON    DISCIPLINE
1    Mr. Romeo James    Hockey
2    Mr. Shiv Prakash Mishra    Tennis
3    Mr. T.P.P. Nair    Volleyball

 Rashtriya Khel Protsahana Purushkar, 2015
Sl. No.    Category    Entity recommended for Rashtriya Khel Protsahan Purushkar, 2015
1.    Identification and nurturing of budding /young talent    Directorate General of Military Training
2.    Encouragement to sports through Corporate Social Responsibility    Coal India Limited
3.    Employment of sportspersons and sports welfare measures    Haryana Police
4.    Sports for Development    Sports Coaching Foundation, Hyderabad
 
The awardees will receive their awards from the President of India at a specially organized function at the Rashtrapati Bhawan on August 29, 2015.Dronacharya Awardees and Dhyan Chand Awardees will receive statuettes, certificates and award money of Rs.5 lakh each.  Rashtriya Khel Protsahan Puruskar awardees will receive certificates and trophies.

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Aditi Ashok becomes first Indian to win Ladies British Amateur

India's Aditi Ashok made history when she became the first from the country to win the Ladies British Amateur stroke play golf championship at the Moortown Golf Club here.  The Indian Golf Union's ladies amateur order of merit, Aditi shot four days total of 11-under 285 (71,73,70,71) at the par 74 Moortown Golf Club.

The 17-year-old Bangalore girl, who had earlier won the St Rule Trophy at St Andrews in July this year and finished second in the 2015 European Women's Amateur Championship, also claimed the overall title called 'The Nicholls Trophy' as well as the 'Dinwiddy Trophy' given for the lowest score by an U-18 player.

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U Mumba crowned 2015 champions after thrilling win over Bengaluru Bulls in Finals

U Mumba overcame a fighting Bengaluru Bulls 36-30 in a thrilling summit clash to lift the second Star Sports Pro Kabaddi crown at a packed NSCI Stadium in Mumbai on Sunday. Starting the game as slight favourites, the Mumbai outfit had to stretch every sinew to get the better of their rivals from Bengaluru who fought tooth and nail but fell short at the end. U Mumba came up with some magical play when the occasion demanded, especially in the closing stages of both sessions, to run out victors and take home the top prize of Rs one crore. The Bulls got Rs 50 lakh. At half time U Mumba led 16-8 after a late surge from 7-all. Earlier, in the 3rd-4th placing game, Telugu Titans from Hyderabad downed Patna Pirates 34-26, after leading 16-8 at half time, to finish third and get prize money of Rs 30 lakh

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Serena Williams wins Cincinnati title in final US Open tune-up

Defending champion Serena Williams finished her last US Open tune-up in style by beating Romanian third seed Simona Halep 6-3 7-6(5) to win the Western & Southern Open on Sunday.For the top-seeded American, the Cincinnati triumph sent a message that she is in top form as she now sets her sights on a calendar sweep of the four grand slams at the August 31-September 13 US Open. 

About Serena Williams --Serena Jameka Williams is an American professional tennis player who is ranked No. 1 in women's singles tennis. The Women's Tennis Association (WTA) has ranked her world No. 1 in singles on six separate occasions. Williams holds the most major singles, doubles, and mixed doubles titles combined amongst active players, male or female. Her record of 36 major titles puts her fifth on the all-time list and first of the open era with: 21 in singles, 13 in women's doubles, and two in mixed doubles. She is the most recent player, male or female, to have held all four major singles titles simultaneously (2002–03 and 2014–15), and the fifth woman ever to do so. She is also the most recent player, together with her sister Venus Williams, to have held all four Grand Slam women's doubles titles simultaneously (2009–10). Her total of 21 Grand Slam singles titles is third on the all-time list behind Margaret Court (24) and Steffi Graf (22), and second in the Open Era, behind only Graf. She is the only tennis player—female or male—to have won singles titles at least six times in three of the four Grand Slam tournaments. She has won 13 Grand Slam doubles titles with her sister Venus and the pair are unbeaten in Grand Slam tournament finals.

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Madhya Pradesh government gives nod to 750 MW solar power station

Madhya Pradesh government cleared a project for setting up the world's largest 750 MW solar power station at Gudh tehsil  in Rewa district of the state. The cabinet meeting chaired by Chief Minister Shivraj Singh here approved the proposal for commissioning the world's largest solar power station at Gudh in Rewa, state government spokesperson and MP Minister Narottam Mishra told reporters. He said that a loan from the World Bank will be sought for commissioning the ultra mega green power generation station. The state's new and renewable energy department will make available the land for the project, he added. The minister said that Centre and the state have formed a joint venture company to facilitate commissioning the project. Mishra also said that the retirement age of group A and B staffers of MP Finance Commission has been increased from 58 to 60 on the recommendation of the commission's board of director.

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‘Sehat’ Unique Initiative for Health Care Launched

The digitalization initiative of the Government is to build a truly inclusive and enlightened India. The unique initiative for health care in India-SEHAT launched is an initiative in furtherance to Government’s commitment to empower rural citizens in having access to information, knowledge, skills and other services in various sectors through the intervention of digital technologies and fulfilling the vision of a “Digital India”.  

The Union Minister for Information Technology and Telecom, Shri Ravi Shankar Prasad said this while launching the new initiative here today. He said the Government was working to mainstream the underprivileged classes to come at par and to develop the rural community both socially and economically so as to build an inclusive and enlightened India. He said “Digital India” program is to transform India into a digitally empowered society so as to share the fruits of development with every section of the society especially those living in rural India. He said digitally empowered rural women can truly address the issues of structural imbalances and poverty.
 
 

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Noted academician Amitabh Mattoo appointed as Advisor to J&K CM Mufti Mohammad Sayeed

Noted academician and former Vice-Chancellor of the Jammu University Amitabh Mattoo was on 21 August 2015 appointed as Advisor to Jammu and Kashmir (J&K) Chief Minister (CM) Mufti Mohammad Sayeed. Mattoo will have the status of a Cabinet Minister.Born in Srinagar, Mattoo has been the Chief Executive Officer and inaugural Director of the Australia India Institute and Professor of International Relations at the University of Melbourne in Australia.Currently, he is on leave from New Delhi’s Jawaharlal Nehru University where he serves as a Professor of Disarmament Studies at the School of International Studies. He is widely regarded as an inspiring and innovative builder of institutions and the foremost Indian intellectual seeking to build peace in the South Asian region. 

Mattoo also serves on the Governing Council of the Indian Council for Social Science Research (ICSSR), the Executive Committee and Governing Council of Pugwash and is a member of the Lancet Commission on Adolescent Health and Well Being.He has been a Member of the National Knowledge Commission, a high-level advisory group to the Prime Minister of India. He is also the President of the Indian Association of International Studies.

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FM Arun Jaitley inaugurates Bandhan Bank as full-fledged scheduled commercial bank

India gets its first private bank in 11 years with Finance Minister Arun Jaitley inaugurating Bandhan Bank as a full-fledged scheduled commercial bank on Sunday, ushering in a new era in country's financial sector, which will now see innovation taking the centrestage to reach out to the unbanked population. "Bandhan Bank is the first to be off the block as the new change happening in the country's finance and banking field," said Uday Kotak, head of Kotak group.Who's who of Indian banking and policymakers were present at the inaugural ceremony. Bandhan is the first microfinance company to transform into a bank. Reserve Bank of India has turned liberal in doling out banking licenses to entities of different capabilities. It has just issued 11 in-principle licenses to set up payments banks. 
Bandhan Bank will primarily cater to the unorganized sector like daily wage earners and women running small businesses -- the segments that had been its borrowers for a decade. As a bank, it will also offer savings, remittance and insurance services and try to raise its stake in the bottom of the pyramid customers even as the established ones such as State Bank of India and ICICI Bank are in a race to have more customers from the unbanked population. 
"Our primary focus will be the eastern region where banking penetration is still poor,"

Chandra Shekhar Ghosh, managing director and chief executive officer said. Ghosh founded Bandhan in 2001.The company has 67 lakh micro finance borrowers and their accounts have been formally transferred to the new entity, creating around Rs 10000-crore strong loan portfolio to start with.Bandhan begun operation with 500 branches, a majority of these are in the eastern region including West Bengal.

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