Current Affairs India - 29 March 2016

1. The Central Government has approved foreign domestic investments (FDI) of 100% in the marketplace-based model of the e-commerce sector in its latest notification published today. Marketplace based model is an arrangement where e-commerce companies provide an online platform to other vendors to sell their products.


Global e-commerce majors such as Amazon and eBay as well as domestic players with foreign investments such as Flipkart and Snapdeal, which have been operating through the marketplace model, can look for more investment post this notification.


2. The Telecom Regulatory Authority of India's recommendation to make 112 the national emergency number for all emergency services including police, ambulances, and fire brigade was accepted by the Telecom Commission. With this approval, this new emergency number will be rolled out in coming months.


3. Legendary playback singer of South Indian languages, P Susheela has entered the Guinness World Records for recording highest number of songs in several languages in a career spanning over half a century. She has reportedly recorded up to 17,695 solo, duet and chorus backed songs in over six Indian languages since the 1960s, till 28th January 2016. She has sung songs in Tamil, Telugu, Malayalam, Kannada, Hindi and other Indian languages.


4. Indian Pharma Company Sun Pharmaceutical Industries Ltd has acquired 14 established prescription brands from Novartis AG and Novartis Pharma AG in Japan, for USD 293 million in order to expand business in Japanese market.


5. Indian Biker Pallavi Fauzdar, became the first solo woman to ride across the Mana Pass in Uttarakhand which helped her to make a Limca book record. She rode to an altitude of 5,638 m (18,497 ft) above sea level, on the border between India and Tibet, which is also considered to be one of the most difficult biking trails.


6. Indian batsman Virat Kohli secured No 1 rank in the ICC T20 batsmen rankings published today after his match winning performance against Pakistan and Australia recently. At the same time, India retained No 1 rank in the T20 ranking. West Indies' Samuel Badree has displaced Indian off-spinner Ravichandran Ashwin to return to the number-one position in the bowlers- ranking.