Current Affairs India - 20 October 2016

1. Russia-s state-controlled oil giant Rosneft and its partners acquired India-s second biggest private oil firm Essar Oil in an all-cash deal of USD 13 billion recently, also becomes the largest FDI deal ever for India. Rosneft bought 49% stake in Essar Oil-s refinery, port and petrol pumps, while Netherlands-based Trafigura Group Pte and Russian investment fund United Capital Partners acquired another 49%.

2. India's third largest IT Services Company Wipro acquired cloud services company Appirio for USD 500 million, its second biggest acquisition so far. Appirio was established in 2006 and has offices in Indianapolis, San Francisco, Dublin, London, Jaipur and Tokyo.

3. The Indian football team achieved its best FIFA ranking in last six years when India's ranking jumped by 11 places to be at 137th in the latest ranking released today.

4. Jammu and Kashmir government has terminated services of 12 employees for allegedly indulging in anti-national activities after dossiers were prepared against them.

5. Manoj Nayak, a member trustee and founder of Sikshya O Anusandhan Charitable Trust was arrested for the death of 21 people in the fire mishap of SUM Hospital in Bhubaneswar.