Top News Headlines of 03 December 2013

Breaking news of 03 December 2013. Grab top news headlines and major events for Current Affairs GK from all around the World.

  • The Income Tax (I-T) Department on Monday told the Delhi High Court that the offer of Finnish mobile maker Nokia to pay a minimum deposit of Rs 2,250 crore to it, out of the company’s total tax liability of nearly Rs 6,500 crore, is not acceptable.
  • India’s Current Account Deficit (CAD) as a percentage of gross domestic product (GDP) rose to an all-time high of 5.4 per cent in the second quarter of 2012-13 on account of widening of trade deficit and slower growth in invisibles.
  • Wipro is acquiring US-based mortgage due diligence and risk management service provider Opus CMC (Opus Capital Markets Consultants) for $75 million (Rs 465 crore).
  • Spice Retail Limited on Monday launched the ‘Smart Flo Mettle 5X’. Smart Flo Mettle 5X will be available at Rs. 6,499 across India through Homeshop18.
  • Zee Entertainment’s Ten Sports, which will broadcast live the upcoming India-South Africa cricket series, has raised advertisement rates by 20% effective today as it has already realised 90% of its series revenue target of Rs 120 crore.
  • The Indian Premier League has come up with a proposal to allow all teams to retain a maximum of five players for three years from 2014. The rest of the players will go into the auction pool.
  • British light middleweight boxer Steve O’Meara has reportedly been arrested following his alleged involvement in a massive cocaine-smuggling ring run from Marbella, Spain.
  • Indian-American teenager Saumil Bandopadhyay has been selected for the prestigious Ingenuity Award for revolutionising nanotechnology that would upend industries ranging from automobiles to astronomy.
  • “Power Pavilion” of Ministry of Power and its constituents and organizations has been awarded “Gold Medal” for ‘Best Display’ of the theme “Powering Inclusive Growth” under ‘Ministry’ category.
  • Pakistan-born cricketer Fawad Ahmed has been named Australia’s Muslim sportsperson of the year, beating code-hopping rugby league superstar Sonny Bill Williams.
  • Eight persons, including three women, were killed and 14 others injured when their van collided head-on with a truck on Tarapur-Vataman Highway.
  • A police officer was on Monday killed and two other cops were injured in a militant attack outside Chadoora police station in Budgam district of Kashmir. Militants opened indiscriminate fire on the police party, injuring three policemen, including station house officer (SHO) sub inspector Shabir Ahmad.
  • Tehelka Editor Tarun Tejpal, arrested for allegedly sexually assaulting a woman journalist, today underwent a potency test which came out positive.
  • The Election Commission on Monday issued a notice to Tamil Nadu Chief Minister J Jayalalithaa for prima-facie violation of the Model Code of Conduct by announcing new schemes ahead of December 4 Yercaud assembly by poll.
  • Srikantadatta Narasimharaja Wadiyar has been elected President of the Karnataka State Cricket Association after a thumping win in the body`s elections held during its Annual General Meeting here.
  • G.S. Sachdeva assumed the office of Chief General Manager of Punjab & Sind Bank from December 1. He is post graduate in Economics with a degree in Law from Delhi University besides a CAIIB and holder of Diploma in Personnel Management and Industrial Relations.
  • Atul Sobti has been appointed as the Director on the Board of Bharat Heavy Electricals Limited (BHEL). He has assumed the charge as a Director (Power) and prior to this he was an Executive Director (Power) BHEL, New Delhi.
  • Arup Roy Choudhury, CMD, NTPC has been given additional charge of chairman, Damodar Valley Corporation Ltd. w.e.f. from November 28, 2013 till appointment of a regular incumbent or until further orders.
  • Thousands of Ukrainian protesters on Monday blocked entrances to the government building and called for the ouster of the PM and his cabinet, as anger at the president’s decision to ditch a deal for closer ties with the European Union and seek closer ties with Russia gripped other parts of the country and threatened his rule.
Read Also:  Top News Headlines of 23 December 2013

Top News Headlines of 03 December 2013
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