Daily GK Updates - 21st July, 2017

NATIONAL UPDATES:

1. Reliance Jio launches low cost phone, to be free for users after a certain period: Reliance has released its low cost 4G phone in the price band of Rs. 1500. The co-developed phone, which Intex is making in India, will be priced by Jio through a subsidy model, and will also be marketed by the new telco, with the handset maker not involved in both aspects. A JioPhone user can use the JioPhone for 36 months, and can get a full refund of the security deposit of Rs 1,500 by returning the used JioPhone.

2. Indian Army and DRDO sign pact for development of missiles: Defence Research and Development Organisation has signed a pact with the Army for developing a medium-range surface to air missile. The missile will be produced by the DRDO in collaboration with the Israel Aerospace Industries.

3. New Pension scheme for senior citizens to be launched: Finance Minister Arun Jaitley will launch a new pension scheme for senior citizens, Pradhan Mantri Vaya Vandana Yojana, PMVVY in New Delhi. Under this scheme, senior citizens (60 years and above) in which they will get a guaranteed interest of 8% for 10 years.

4. Railway food unfit for consumption – CAG: The food served by Indian Railways is unfit for human consumption, an audit report on catering services conducted by the CAG has found. The CAG had conducted a joint inspection of 74 stations and 80 trains selected across Zonal Railways.

5. Shankarsinh Vaghela quits Congress: Leader of the opposition of Gujarat assembly and Veteran congress leader Shankarsinh Vaghela announced to quit congress on his 77th birthday. However, it is unlikely that he will launch a new party on his own.

International UPDATES:

1. IMF approves conditional $1.8 bn loan for Greece: The International Monetary Fund’s board has approved a $1.8 billion loan to Greece but will only release the money if the country gets debt relief from its European creditors. If an agreement on debt relief is reached, IMF will join eurozone lenders in an ongoing bailout.

2. China bans Justin Bieber’s performances: China has banned Justin Bieber from performing on the mainland because of his “bad behavior” on & off the stage.

OTHER UPDATES:

BANKING & FINANCE:

1. Bank of Baroda signs an MoU with DGS&D for extending banking services to government e-marketplace: Bank of Baroda has entered into an agreement with Directorate General of Supplies & Disposal for extending various banking services to Govt e-Marketplace (GeM). DGS&D has been mandated to bring greater transparency and efficiency in public procurements.

BUSINESS & ECONOMY:

2. SEBI inks pact with ESMA: SEBI has entered into a pact with European Securities & Markets Authority for exchange of information concerning Central Counterparties. MoU establishes Cooperation arrangements, including exchange of information regarding CCPs which are established and authorised in India by SEBI and which have applied for EU recognition under EMIR.

OBITUARIES:

3. Chester Bennington of Linkin Park fame commits suicide: Chester Bennington, the lead singer of American rock band Linkin Park, allegedly committed suicide. He reportedly had a history of alcohol and drug abuse.

Daily GK Updates - 20th July, 2017

NATIONAL UPDATES:

1. Ram Nath Kovind is the 14th President of India: NDA candidate Ram Nath Kovind defeated the opposition candidate Meira Kumar by a huge margin. The polling was marked by cross voting. He received 2,930 votes with a value of 7,02,044. He is the first BJP member to be elected President.

2. Rajya Sabha chairman accepts Mayawati’s resignation: The chairman of Rajya Sabha, Hamid Ansari accepted the resignation letter submitted by BSP chief Mayawati. She resigned from the house, accusing BJP and the Chair of not allowing her to raise the issue of anti-Dalit violence in Uttar Pradesh.

3. Lokmat Group honours members of Loksabha and Rajyasabha: Vice President Hamid Ansari honoured the winners at a function organized by the Lokmat Media Group. Below mentioned is a list of persons who won important honours.

Best Parliamentarian (Lok Sabha)	N.K. Premachandran (Revolutionary Socialist Party)
Best Woman Parliamentarian (Lok Sabha)	Kumari Sushmita Dev (Congress)
Best Debut Woman Parliamentarian (Lok Sabha)	Meenakshi Lekhi (BJP)
Best Parliamentarian (Rajya Sabha):	Sitaram Yechury (CPI-M)
Best Woman Parliamentarian (Rajya Sabha)	Jaya Bachchan (Samajwadi Party)
Best Debut Woman Parliamentarian:	MP Rajni Patil (Congress)

4. Union Cabinet approves 15% hike in salaries for public sector company employees: The Union Cabinet chaired by Prime Minister ‘Narendra Modi’ has cleared a 15% hike in salaries for public sector company employees. The Cabinet approved implementation of the recommendations of the 3rd Pay Commission for central public-sector enterprises' employees. The new wages are effective from 1st of January this year.

5. President inaugurates Paika rebellion commemoration day: President Pranab Mukherjee has inaugurated a function to pay tribute to the martyrs on the occasion of Bicentenary Celebration of the heroic Palika rebellion of Odisha in New Delhi. The Paika rebellion originated under the leadership of Bakshi Jagabandhu.

6. Bill introduced for Petroleum Institute in Andhra Pradesh: A bill for setting up of Indian Institute of Petroleum & Energy in Andhra Pradesh has been introduced in Lok Sabha. It is proposed to be established in Visakhapatnam district.

International UPDATES:

1. AIDS claimed 1 million lives in 2016: According to a UN report, AIDS claimed a million lives in 2016, almost half the 2005 toll that marked the peak of deadly epidemic. In 2016, 19.5 million of 36.7 million people living with HIV had access to treatment.

2. Australia joins International Solar Alliance: Australia became the 35th country to join the International Solar Alliance, an initiative launched by PM Modi in 2015 in Paris. The platform brings together countries that are keen to massively ramp up their solar power production. It is co-led by India & France.

3. Voyager spacecraft marks 40th anniversary: Voyagers 1 and 2 were launched in 1977 and are currently exploring the interstellar place. They have explored the giant planets of our outer solar system: Jupiter, Saturn, Uranus, Neptune and 48 of their moons and the unique system of magnetic field that they possess.

OTHER UPDATES:

BUSINESS & ECONOMY:

1. Google launches Hire: Google has officially released a new tool named ‘Hire’ to help small and medium sized businesses recruit talent. The service is built on G Suite and lets employers track candidates’ contact information, resume and allow business partners to share feedback within the candidate’s profile.

SPORTS:

2. ATP tournament “Chennai Open” renamed as “Maharashtra Open”: India’s lone ATP tournament, the Chennai Open, will now be held in Pune next year and would be henceforth called “Maharashtra Open”. The Chennai Open, owned by IMG and organised by IMG-Reliance, was being held in Chennai for the last 21 years.

3. Athletics Federation of India suspends shot putter Manpreet Kaur: Athletics Federation of India (AFI) has provisionally suspended Indian shot putter Manpreet Kaur after she tested positive for banned substances for the second time. The test was conducted by National Anti-Doping Officials during the Federation Cup National Championships held in Patiala from 1st - 4th June.

Daily GK Updates - 19th July, 2017

NATIONAL UPDATES:

1. mAadhaar app launched by UIDAI: mAadhaar, a new app for syncing Aadhaar data on mobile phone, has been launched by the UIDAI. It will allow users to carry their Aadhaar demographic information, i.e. name, date of birth, gender, address and the photograph linked with their Aadhaar number, on their smartphones.

2. TR Zeliang appointed as the new CM of Nagaland: TR Zeliang former CM of Nagaland, has been appointed to the post of CM by the State’s Governor PB Acharya.

3. Odisha’s longest bridge dedicated to the nation: Odisha Chief Minister Naveen Patnaik dedicated to the nation Odisha’s longest bridge and named it after Netaji Subhas Chandra Bose. The 2.88 km bridge over the river Kathajodi will connect Bhubaneswar with Cuttack reducing the distance b/w the 2 cities by 12 km.

4. Telangana Government puts cap on weight of school bags: Telangana govt. has put a cap on the weight of bags carried by school children from primary to Class X. According to the order maximum weight of a school bag with textbooks and notebooks should not exceed 1.5 kg for Class 1 and II and 2 to 3 kg for Classes III to V.

5. Gujarat government canteens to offer meals at Rs.10 to labourers: Pilot program of Gujarat government to offer meals to laborers for Rs.10 was launched by Vijay Rupani, under CM’s scheme ‘Shramik Antoday Yojana’. This meal will be served through 83 stalls at various labor markets.

International UPDATES:

1. Indonesia bans militant “Hizbut” group: The Indonesian government banned Hizbut Tahrir, an organisation that wants to establish a global caliphate. The decree signed last week by President Joko Widodo gives the government almost absolute power to ban organisations deemed against the constitution.

2. World’s first drone destroyer laser gun tested: U.S. Navy successfully tested world’s 1st laser gun system that has been designed to target drones. Laser Weapons System gun was tested by the USS Ponce, an amphibious transport ship on a mock enemy drone.

OTHER UPDATES:

BANKING & FINANCE:

1. New Rs. 20 notes to be issued by RBI: Reserve Bank will shortly issue bank notes of denomination Rs 20 in Mahatma Gandhi series 2005 that will be similar in design to those currently in circulation. The new notes will be bearing inset letter ‘S’ in the number panel and signature of Governor Urjit R Patel.

BUSINESS & ECONOMY:

2. AIR earns Rs10 crore from ‘Mann Ki Baat’: PM Modi’s monthly radio address Mann Ki Baat has generated revenue of about Rs10 crore for All India Radio in last two fiscals.

3. Gujarat retains top slot for the state with maximum “investment potential”: According to a report by economic think-tank NCAER, Gujarat has retained the top position in the list of 21 states and UTs with most investment potential. Ranking were based on 6 pillars – Labour, Infrastructure, Economic Climate, Governance & political stability, perceptions & land.

Daily GK Updates - 18th July, 2017

NATIONAL UPDATES:

1. Smriti Irani gets additional charge of Information and Broadcasting: Textile minister Smriti Zubin Irani has been given the additional charge of information and broadcasting. he gets the additional charge as Venkaiah Naidu resigned from the post following his nomination as National Democratic Alliance’s vice-presidential candidate.

2. Mayawati resigns from Rajya Sabha: Bahujan Samaj Party chief Mayawati has resigned from Rajya Sabha. Decision came after the chair of the upper house asked her to restrict her impromptu speech on anti-Dalit violence in Saharanpur in Uttar Pradesh.

3. J& K government launches weekly festival at Dal Lake: Jammu and Kashmir (J-K) govt. has organized first ever weekly cultural program ‘Culture of Cruise' at Dal Lake to bring artists from various fields on one stage. In the festival, the organizers would hold regular interactions with cross sections of the society and tourists who visit the lake to ensure broader discourse on cultural moorings of the state.

4. Tata Motors develops India’s first Bio-methane bus: Tata Motors has developed India’s first Bio-CNG (bio-methane) bus which was unveiled recently at a bio-energy programme, ‘Urja Utsav’. Tata Motors has designed and developed bio-methane engines (5.7 SGI & 3.8 SGI) for LCV, ICV & MCV buses.

5. Low-cost “Made in India” microwave printed circuit boards developed: The Centre for Materials for Electronics Technology (C-MET), Thrissur, has developed low-cost microwave printed circuit boards. The boards are required in strategic applications such as space, defence, and atomic energy.

6. SOHUM, low-cost indigenously developed hearing screening device for new borns, launched by the Government: The science & technology ministry has launched a low-cost indigenously developed hearing screening device ‘Sohum’ for newborns. ‘Sohum’ uses brain-stem auditory evoked response technology which is recommended as best screening choice.

7. Abdul Kalam’s memorial by DRDO to be inaugurated on July 27^th: PM Modi will open the national memorial for former President Dr A P J Abdul Kalam at Peikarumbu near Rameswaram on July 27. The national memorial is set up by DRDO in 2.11 acres at a cost of Rs 20 crore. 27^th July is the death anniversary of Dr. Kalam.

International UPDATES:

1. Nelson Mandela International Day observed globally: ‘Nelson Mandela International Day’ celebrated every year on 18thJuly in honour of Mandela's birthday. Nelson Mandela was the first elected president of a free South Africa. The day is observed annually with the slogan ‘Take Action! Inspire Change’.

2. LG unveils device that disinfects handrails of escalators: South Korean company LG designed a steriliser that uses ultraviolet light to continuously disinfect the rubber handrailing of escalator. The device charges itself by converting escalator movement into electricity.

OTHER UPDATES:

BANKING & FINANCE:

1. SBI launches SBI Realty to assist home buyers: State Bank of India (SBI) has launched a one-stop integrated website 'SBI Realty' (www.sbirealty.in) for home buyers. Customer will choose their dream home from 3,000 SBI approved projects spread across 13 states and Union Territories covering 30 cities including metros, semi metro, and towns.

2. HDFC bank launches national “digital-only marketing campaign”: HDFC Bank has launched a national digital-only marketing campaign, reinforcing its position as ‘India’s No. 1 Bank’ in products like credit cards, personal loans. It aims to connect with customers by asking them to #StartDoing and talk to India’s No. 1 Bank, to fulfill all their needs.

BUSINESS & ECONOMY:

3. RIL joins TCS’ league, crosses Rs 5 lakh crores market-cap: Reliance Industries has attained a market valuation of over Rs 5 lakh crore, becoming the 2nd firm after TCS to achieve this milestone. Market capitalisation of RIL stood at Rs 5,04,458.09 crore, making it the most valued company in the country.

SPORTS:

4. In the under 15 category, Neel Joshi & Ananya Dabke win Dutch Open: Neel Joshi and Ananya Dabke bagged the under-15 (boys & girls) titles in the Dutch Open Junior Squash Championship in Amsterdam, Netherlands.

5. Bharat Arun to be Team India’s new bowling coach: BCCI has named former Indian cricketer Bharat Arun as the Indian cricket team’s bowling coach. He will join Indian team on a 2 year period until end of the 2019 ICC World Cup.

Daily GK Updates - 17th July, 2017

NATIONAL UPDATES:

1. India’s Presidential Poll today: The secret ballot vote that took place today will decide India’s next President by 20th July,2017. Ram Nath Kovind is likely to sweep the elections with 70% of Electoral College backing him.

2. Air-dropping of food packets in Rayagada, Odisha: Odisha government started air-dropping food packets in the flood hit regions of Kalyansinghpur and Rayagada blocks. The government has also set up free kitchens for flood affected people. The State Health Department are keeping a close watch for the outbreak of contagious diseases.

3. SGPC announces to set up a Memorial for Sikh ‘Dharmi Faujis’: The Shiromani Gurudwara Parbhandak Committee has announced that it would set up a memorial in the memory of ‘Dharmi Faujis’ – Sikh soldiers in the Indian army who committed mutiny during Operation Blue Star. Operation Blue Star was conducted between 1–10 June 1984.

4. 50-odd protected monuments across Gujarat will soon be visually-impaired-friendly: Archaeological Survey of India, Gujarat circle, is set to install Braille signboards at around 50 monuments in the state for explaining their historical and cultural significance to the visually-impaired visitors.

5. Fellowship awarded to Nandakishore Kapote: Internationally-acclaimed senior Kathak dancer Pandit Nandakishore Kapote was conferred with a fellowship by the Department of Culture, Government of India. His contributions include launching a Kathak University in Pimpri-Chinchwad, Pune.

           

International UPDATES:

1. World Day for International Justice: World Day for International Justice is an international day celebrated throughout the world on July 17 as part of an effort to recognize the emerging system of international criminal justice. July 17 was chosen because it is the anniversary of the adoption of the Rome Statute, the treaty that created the International Criminal Court.

2. Chinese Army conducts live-fire drills in Tibet: The People’s Liberation Army conducted five live fire exercises in South West China’s Tibet Autonomous Region

The live fire drills included quick delivery of troops.

3. Scientists create strong and super-stretchy artificial silk: Scientists from the University of Cambridge have developed super-stretchy and strong artificial spider silk, almost entirely composed of water. The fibres of the synthetic spider silk are spun from hydrogel, a soupy material which is 98% water & remaining 2% of the hydrogel is made of naturally available silica and cellulose.

OTHER UPDATES:

BANKING & FINANCE:

1. IBBI notifies new rules for bankruptcy probe: The Insolvency and Bankruptcy Board of India has powers to start probe against service providers registered with it without intimating them, according to new regulations. IBBI, which is implementing the Insolvency and Bankruptcy Code, has notified the regulations.

BUSINESS & ECONOMY:

2. Uber suspends ride sharing services in Macau: As it has not been able to fully unlock the benefits of ride sharing in Macau, Uber will suspend its operations. Uber said on its website “We are already exploring ways to serve the city again, and have had initial discussions with partners, including transport operators and hotels”.

3. 18th IIFA Awards 2017: International Indian Film Academy Awards were held recently. Important awards have been listed below:

Best Film: Neerja

Best Actor (Male): Shahid Kapoor (Udta Punjab)

Best Actor (Female): Alia Bhatt (Udta Punjab)

Best Director: AnirudhRoy Chaudhary (Pink)

Best Playback Singer (Male): Amit Mishra (Ae Dil Hai Mushkil)

Best Playback Singer (Female): Kanika Kapoor (Udta Punjab) and Tulsi Kumar (Airlift)

Best Music Direction: Pritam (Ae Dil Hai Mushkil)

SPORTS:

4. Harinder Pal Sandhu wins Victorian Open squash title: Harinder Pal Sandhu won the Victorian Open squash tournament held in Melbourne, Australia. He defeated Rex Hedrick.

5. Martina Hingis claims mixed doubles title at 2017 Wimbledon: Martina Hingis clinched her 23rd Grand Slam title as she and her partner Jamie Murray beat Henri Kontinen and Heather Watson in the Wimbledon mixed doubles final.

Daily GK Updates - 16th July, 2017

NATIONAL UPDATES:

1. Prasar Bharti to distribute free set-top boxes in naxal-hit areas: Prasar Bharati is likely to distribute around 10 lakh free of cost DTH set-top boxes in naxal-hit areas of the country. It would enable people in naxal-affected states to connect with various schemes of government.

2. Chitraveen Maestro N. Ravikiran selected for Sangit Kalanidhi award: Noted Chitraveena Maestro N. Ravikiran has been selected for Sangit Kalanidhi award of this year. The awards are given every year by Madras Music Academy.

3. Soldiers exempted from toll tax in Madhya Pradesh: Shivraj Singh Chouhan has announced exemption for soldiers from paying toll-tax on highways in the state. Jawans will be provided with the relief in Madhya Pradesh after they present their official identity cards.

4. Vijay Goel flags off Slum Yuva Daud: Minister of State for Youth Affairs and Sports Vijay Goel flagged off Slum Yuva Daud to mark the beginning of the Adopt Slum Campaign. Run started from Delhi University’s Shankarlal Hall and ended at the Rugby Stadium with participation of about 5000 youngsters from various slums of Delhi.

5. IIFA Awards 2017: 18th edition of International Indian Film Academy Awards was held in New York. Alia Bhatt won Best Actress Award for Udta Punjab while her co-star in the film, Shahid Kapoor, won the Best Actor Award. Neerja won the Best Film Award, while Pink director Aniruddha Roy was awarded the Best Director.

International UPDATES:

1. Indonesia renames a part of South China Sea as “North Natuna Sea”: Indonesia has renamed northern parts of its exclusive economic zone of South China Sea as ‘North Natuna Sea’. The move is considered as an act of defiance against Beijing’s territorial ambitions in the region.

2. San Miguel de Allende of Mexico named as the world’s best city by T&L Magazine: Mexican city San Miguel de Allende is named as world’s best city by Travel and Leisure Magazine. Only one Indian city could make it for Top 15. The city Udaipur is ranked 14th.

OTHER UPDATES:

BUSINESS AND ECONOMY:

1. Raymond to launch khadi range on October 2, Gandhi Jayanti Day: Textile & apparel major Raymond will launch Khadi by Raymond on October 2. Raymond was 1st to forge the first partnership with Khadi & Village Industries Commission and will promote fabric in India & global markets.

2. Singapore Airline rated as the best airline in the world: Singapore airline has been rated as best airline in the world by Travel and Leisure. While Emirates and Qatar airways secured second and third place respectively.

3. MobiKwik partners with Samsung Pay: Digital payments company MobiKwik has partnered Samsung Pay under which consumers will be able to make payments with a single tap using select Samsung handsets. MobiKwik wallet is now integrated with Samsung Pay Mini to enable one-tap payments at more than 1.4 million MobiKwik-powered merchants across the country.

4. India tops the world in spam calls according TrueCaller: According to a report by Truecaller, India tops the list of countries most affected by spam calls. India is ahead of countries like US, Brazil, Chile & South Africa with an average user receiving over 22 spam calls a month.

SPORTS:

5. Roger Federer wins record eighth Wimbledon title: The 35-year-old Swiss champion became the tournament’s oldest winner with a straight-sets victory over his opponent Marin Cilic.

6. Muguruza wins first Wimbledon title in the women’s singles category: Garbine Muguruza won a maiden Wimbledon title after defeating 5 time champion Venus Williams under the roof on Centre Court.

7. Lewis Hamilton wins fourth consecutive British Grand Prix: Lewis Hamilton cruised to a fourth successive British Grand Prix victory on Sunday as he cut Sebastian Vettel’s lead in the championship to a single point.

OBITUARIES:

8. Maryam Mirzakhani, the first woman to win Fields Medal, dies at 40: Maryam Mirzakhani, an Iranian- born mathematician who was the first woman to win the coveted Fields Medal, has died of cancer. She had won the Fields Medal, the equivalent of the Nobel Prize for Mathematics, in 2014.

Daily GK Updates - 15th July, 2017

NATIONAL UPDATES:

1. Railways Launches ‘SAARTHI’ App: Railways has launched an integrated mobile application to cater to various passenger requirements, including ticket booking, inquiry and ordering meal on a single platform. The app, called as Rail SAARTHI has been developed by CRIS and was unveiled by Railway Minister Suresh Prabhu.

2. Gujarat govt forms Saputara Area Development Authority: The Gujarat govt. has formed the Saputara Area Development Authority (SADA) for “comprehensive development” of its only hill station in tribal populated district of Dang. The authority will carry out planned development in 419-hectare area of ‘Saputara’ for tourism purpose.

3. Government relaxes FDI norms in various sectors to attract investment: The union govt. has relaxed Foreign Direct Investment (FDI) norms in over a dozen sectors, including defence, civil aviation, construction and development, private security agencies, real estate and news broadcasting.

International UPDATES:

1. Lilly Singh appointed as UNICEF’s Global Goodwill Ambassador: UNICEF has appointed Indian-origin Canadian YouTube Lilly Singh as its newest Global Goodwill Ambassador. Lilly who has around 11.9 million subscribers on YouTube, will use her channel to showcase the organisation’s work and urge millions of her followers to work for children’s rights. She has also started a new initiative on social media #GirlLove – which aims to end girl-on-girl hate.

2. Bill on defence co-operation with India passed in US: US House of Representatives has passed a $621.5 billion defence policy bill that proposes to advance defence cooperation with India. The National Defense Authorisation Act, 2018, was passed with 344 to 81 vote.

3. World Youth Skills Day is being observed today: The World Youth Skills Day is observed globally on 15th July every year to raise awareness about the importance of investing in youth skills development. In 2014, The United Nations General Assembly (UNGA) had established World Youth Skills Day.

4. Tougher conditions for defence funding to Pakistan - US: US House of Representatives has voted for 3 legislative amendments to impose tougher conditions for reimbursement of defence funding to Pakistan. Pakistan will now have to show satisfactory progress in fight against terrorism.

OTHER UPDATES:

BUSINESS AND ECONOMY:

1. ICICI Lombard files for IPO, becomes the first non-life insurance company to do so in India: ICICI Lombard General Insurance, the non-life insurance joint venture of ICICI Bank and Fairfax Financial Holdings has filed the draft red herring prospectus for its IPO. It is the first non-life insurance company to file for a public offering.

2. Apps contributed Rs 1.4 lakh cr to Indian GDP – ICRIER study: According to a study conducted by ICRIER along with the Broadband India Forum, Internet-based applications have contributed Rs 1.4 lakh crore to the country’s GDP in 2015-16. The contribution is estimated to grow to nearly 16% of the country’s GDP by 2020, the figure can grow to Rs 18 lakh crore by 2020.

3. TCS to close its Lucknow operations, says staff will be unaffected: Tata Consultancy Services has decided to close its operations in Lucknow after 33 years  & shift to Noida.

4. Mukesh Kumar Jain appointed MD & CEO of Oriental Bank of Commerce: Mukesh Kumar Jain has been appointed as the managing director(MD)and chief executive officer (CEO) of Oriental Bank of Commerce (OBC) for a period of three years.

SPORTS:

5. Sundar Singh Gurjar wins gold in World Para Athletics Championships: Sundar Singh Gurjar has opened India’s account at World Para Athletics Championships by clinching gold in the men’s javelin throw event. In the F46 category, Sundar recorded his personal best effort of 60.36m and took the top honour.

6. BCCI retains IMG as IPL service provider: BCCI has renewed a 5 year deal with International Management Group as the service provider of IPL. IMG has been the service provider for IPL for last 10 years.