Current Affairs – June, 2015

Latest Current Affairs June, 2015 with Current Affairs, news summary on current events of National and International importance of June, 2015 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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Japan’s Cookpad acquires India’s Cucumbertown

Tokyo based online recipe network Cookpad has acquired Cucumbertown, a Bengaluru-based social network for cooks and chefs for an undisclosed amount.

After this acquisition Cucumbertown will remain independent subsidiary under Cookpad.

By acquiring Cucumbertown, Cookpad has entered into Indian market that represents a market and culture that is rich in culinary heritage. It will also enable acquired company to scale to international markets and monetize.

Earlier in 2014, Cookpad had acquired numerous startups from various countries including English language app Allthecooks, Dapur Masak in Malay, Mis Recetas site in Spanish  and  NetSila from Lebanon.

Cucumbertown was funded in October 2012 by Cherian Thomas and Arun Prabhakar. Since then it had grown from a simple recipe-sharing network to a food blogging platform. Presently, it has its reach to more than 160 countries and has millions of users. The company had raised capital from Silicon Valley, Helion and Ludlow ventures. The  start up company has two offices in the Bay Area and Bengaluru city in Karnataka.

Union Government announces additional package of Rs. 2,437 crore for J &K

Union Government has announced an additional package of 2,437 crore rupees for reconstruction and rehabilitation of flood-ravaged Jammu and Kashmir (J&K).

It was announced by Union Finance Minister Arun Jaitley in New Delhi. The fund will be used for relief and rehabilitation work. Around 75,000 kacha and pakka houses will also be rebuilt under the grant which were damaged in 2014 floods.


  • In September 2014, continuous unprecedented heavy rainfall had caused Jhelum, Chenab and Tawi rivers and their tributaries to flow above the danger mark.
  • They had flooded the catchment areas, particularly low lying ones for more than two weeks in the state which had severely affected livelihoods and had damaged the basic infrastructure in the state.
  • After the floods Union Government had given 2,602 crore rupees to the state. It included 770 crore rupees from Prime Minister Relief Fund, 1,602 crore rupees was released under State Disaster Relief Fund (SDRF) and National Disaster Relief Fund (NDRF).