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Updated:23-05-2019 03:25:29
Updated:23-05-2019 2 days ago

  • Moin ul Haque appointed as Pakistans High Commissioner to India

    2 days ago
    Pakistan announced career diplomat Moin ul Haque as its new High Commissioner to India. The appointment was formally approved by Prime Minister Imran Khan. He is the current ambassador of Pakistan in France.  Haque replaces Sohail Mehmood. The post of High Commissioner to India fell vacant after Sohail Mehmood was appointed Pakistan's new foreign secretary. Pakistan has announced new ambassadors to 18 countries including China, Japan, and Brussels. The decision came after a detailed meeting with Prime Minister Khan, who formally approved the new appointments. Other appointments: In Beijing, Naghmana Hashmi will replace Masood Khalid, the incumbent envoy to China, after completion of his tenure. Additional Secretary Imtiaz Ahmad has been appointed Ambassador to Japan, while Zaheer Janjua, currently serving as additional secretary in Europe, will look after the Pakistani mission in Brussels. Sarfaraz Ahmad was appointed as ambassador to Sudan, Imran Haider as ambassador in Tajikistan, Major General Abdul Aziz Tariq in Brunei and Major General Muhammad Khalid Rao in Bosnia Herzegovina. Ambassador in Kuwait Ghulam Dastagir will replace Muazzam Ali Khan in Abu Dhabi, while Qazi Khalilullah, serving as ambassador in Russia, was being given an extension of six months.     The newly-appointed ambassadors and consul generals will play a pivotal in promoting the soft image of Pakistan and will adopt the best behaviour with Pakistani community living abroad. Note: Ambassador: An ambassador is an accredited diplomat sent by a state as its permanent representative in a foreign country.  

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    ILFS Engineering appoints Karim Raza Khan as CEO

    2 days ago
    IL&FS Engineering and Construction Company Ltd. has appointed Kazim Raza Khan as its chief executive officer. Mr. Khan was appointed as the manager and key managerial personnel of the company on December 24, 2018. Khan has an overall professional experience of over three decades in the technical field focused on infrastructure. He will continue to be key managerial personnel of the company. Khan's previous experience: Khan had joined IL&FS Transportation Networks Limited in December 2005 as Project Manager. He was promoted as Assistant Vice President in 2007 and was further promoted as Associate Vice President in 2010. He was working as Senior Vice President and Regional Head of South, Central and West India till his appointment as Manager (Key Managerial Personnel) of IL&FS Engineering & Construction Company Limited in December 24, 2018.  

    Cyril Ramaphosa re-elected as President of South Africa

    17 May 2019
    African National Congress (ANC) won South African elections with majority and secured 57.51 percent votes and Cyril Ramaphosa elected as South African President.  Last year in February 2018, Cyril Ramaphosa elected as South African President after President Jacob Zuma resigned from the post due to charges of corruption This was the first time that African National Congress has got less than 60 percent votes in national polls. About South Africa Capital: Cape Town, Pretoria, Bloemfontein Currency: South African rand  

    Sanjiv Puri appointed as New Chairman of ITC

    16 May 2019
    Sanjiv Puri is appointed as the chairman of ITC. He became the Chairman and Managing Director (CMD) of ITC. He was appointed as a Managing Director of ITC in 2018 and Chief Executive Officer (CEO) in February 2017. About ITC Limited Headquarter: Kolkata CEO: Sanjiv Puri Founded: 24 August 1910 Headquarters: Virginia House, Kolkata

    RBI appointed R.Gandhi as Additional director of Yes Bank

    15 May 2019
    The Reserve Bank of India has appointed its former Deputy Governor R. Gandhi as an additional director on the board of private sector lender Yes Bank with immediate effect. The appointment is for two years, that is till May 13, 2021.  R. Gandhi’s appointment comes against the backdrop of Yes Bank reported a loss of ₹1,507 cr for March quarter. This appointment will significantly strengthen Yes Bank's Board Composition and the Bank will immensely benefit from R. Gandhi's experience and wisdom at the Yes Bank. Mr.R.Gandhi: Gandhi was RBI Deputy Governor during April 2014 and April 2017. Gandhi was the driving force for the design and implementation of a real-time gross settlement system or RTGS. About Yes Bank: Founded on: 2004 Founder: Rana Kapoor, Ashok Kapur Headquarters: Mumbai, Maharashtra Non-Exe Chairman: Brahm Dutt  MD & CEO: Rana Kapoor  Yes Bank is India's 4th largest private sector Bank.

    Simon Armitage has been named the U.K.s new Poet Laureate

    14 May 2019
    Simon Armitage has been named the U.K.’s new Poet Laureate. He succeeds Carol Ann Duffy in the 10-year post. Queen Elizabeth II has approved the appointment, Britain’s highest literary honour. It is up to the poet to decide whether or not to produce poetry for national and royal occasions. Previous laureates have included John Dryden and William Wordsworth.  Simon Armitage: Armitage, a professor of poetry at the University of Leeds, has published 28 collections of poetry and his work is studied by British schoolchildren as part of the national curriculum.  Culture Secretary Jeremy Wright praised Armitage for his witty and profound take on modern life. Poet Laureate of the United Kingdom: The British Poet Laureate is an honorary position appointed by the monarch of the United Kingdom, currently on the advice of the Prime Minister.  It is expected that the role holder will write verse for significant national occasions.  The origins of the laureateship date back to 1616 when a pension was provided to Ben Jonson. But the first official holder of the position was John Dryden. He was appointed in 1668 by Charles II. 

    LIC Mutual Fund appointed Dinesh Pangtey as CEO

    14 May 2019
    LIC Mutual Fund appointed Dinesh Pangtey as the company's Chief Executive Officer (CEO).  He joined LIC as a direct recruit officer in 1984  He was Director and CEO at LIC Group's private equity division LIC HFL AMC. He also served as Regional Manager Marketing channel in Western Zone spanning the states of Maharashtra, Gujarat and Goa. He has more than 35 years of experience across private equity, life pension, group annuation scheme and insurance sector About Life Insurance Corporation(LIC) Industry: Financial services Founded: 1 September 1956 Headquarters: Mumbai, India Chairman: M. R. Kumar

    Rakesh Sharma, Bajaj Auto Executive Director elected as IMMA Vice-President

    9 May 2019
    Rakesh Sharma, Bajaj Auto Executive Director and also a representative of SIAM (Society of Indian Automobile Manufacturers) elected as VP (Vice President) of IMMA, International Motorcycle Manufacturers Association (based in Geneva) during the annual general meeting of (IMMA) at Yogyakarta in Indonesia. Rakesh Sharma has a wide range of experience in 2 and 3-wheeler industry and he is expected to efficiently direct IMMA towards being the trusted motorcycle manufacturers worldwide. IMMA’s president is Johannes Loman.

    Indias Jagjit Pavadia re-elected to the International Narcotics Control Board(INCB)

    9 May 2019
    Jagjit Pavadia, an Indian re-elected by the UN Economic and Social Council to a five year term on International Narcotics Control Board with the highest number of votes of 44 in the 54 member council. She will begin her term on March 2, next year. She was elected to the INCB for her first five year term in 2014. She has also served as the First Vice-President of the Board in 2016 and Chair of the Standing Committee on Estimates in 2015 and 2017. About International Narcotics Control Board: ♦ Established: 1968 ♦ President: Viroj Sumyai  

    Sujatha V Kumar appointed as Head of Marketing for India and South Asia for Visa

    9 May 2019
    Visa, the global leader in digital payments technology, announced the appointment of Sujatha V Kumar as Head of Marketing for India and South Asia.  Her roles will be as the overall marketing strategy and execution including consumer, retail and digital marketing initiatives for India and the emerging markets of Sri Lanka, Bangladesh, Nepal and Maldives Prior to this, she worked with Google as Head in Brand & Reputation, Marketing and Strategy. She has 20 years of experience and extensive knowledge of consumer insights, brand development, go-to-market approaches, category management, retail strategy and promotions. She started her career at Procter & Gamble and later on gathered rich experience in sales and marketing across companies such as Gillette, Nokia, The Royal Bank of Scotland and Coca-Cola. Sujatha is a graduate in Psychology and holds an MBA in Marketing. About Visa: ♦ Headquarters: California, United States ♦ CEO: Alfred F Kelly Jr

    Justice PR Ramachandra Menonwas sworn in as CJ of the Chhattisgarh HC

    7 May 2019
    Justice PR Ramachandra Menon was sworn in as Chief Justice of the Chhattisgarh High Court on 6th May. Governor Anandiben Patel administered him the oath of office and secrecy at a function at Raj Bhawan. The office the Chief Justice of Chhattisgarh fell vacant after the resignation of Chief Justice Ajay Kumar Tripathi following his appointment as Judicial Member in the Lokpal. Justice PR Ramachandra Menon: Initially, he was sworn-in as Additional Judge of High Court of Kerala on January 5, 2009. On December 15, 2010, he was appointed as permanent Judge of the High Court of Kerala and has been functioning there since his elevation. Menon’s name was recommended for the position of Chief Justice of Chhattisgarh High Court by Supreme Court Collegium on April 8, 2019, following which, he was appointed for the said position by President Ram Nath Kovind. Chhattisgarh Capital: Raipur Governor: Anandiben Patel Chief Minister: Bhupesh Baghel Official language: Hindi Districts: 27

    US Air Force General Tod Wolters sworn in as NATO commander

    5 May 2019
    US Air Force General Tod D. Wolters has been sworn in as the top military officer of the 29-nation NATO military alliance. Wolters, who replaces U.S. Army General Curtis M. Scaparrotti for a term likely to run two to three years, will also be commander of U.S. forces in Europe. The NATO post of SACEUR (Supreme Allied Commander Europe) is always held by an American military officer. About NATO: NATO full form: North Atlantic Treaty Organization It is an intergovernmental military alliance between 29 North American and European countries. The organization implements the North Atlantic Treaty that was signed on 4 April 1949. NATO's Headquarters: Haren, Brussels, Belgium Headquarters of Allied Command Operations: Mons, Belgium. The most recent member state to be added to NATO is Montenegro on 5 June 2017. NATO's 29 members are: Albania, Belgium, Bulgaria, Canada, Croatia, Czech Republic, Denmark, Estonia, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Turkey, United Kingdom, the United States, and Montenegro.

    Jayshree Vyas appointed as BSEs first independent woman director

    3 May 2019
    BSE, formerly known as the Bombay Stock Exchange, has finally appointed its first independent woman director Jayshree Vyas. The appointment was still late by at least a few weeks from the deadline of April 1 given to all top 500 listed companies based on their market capitalisation for appointing an independent woman director on their board.  Why the delay? The delay happened as the country’s largest stock exchange was awaiting market regulator Securities and Exchange Board of India's (SEBI) approval on the appointment. Because of the appointment, BSE is now compliant with the regulations. BSE already has two non-executive women directors namely Usha Sangwan and Rajeshree Sabnavis on its Board. Jayshree Vyas: Vyas is a professionally-qualified chartered accountant, working as the managing director of Shree Mahila Sewa Sahakari Bank, Ahmedabad, since 1986. She helped in launching the first financial literacy programme in Sewa Bank in 2001. Why the appointment is important? The Companies Act of 2013 mandates a certain class of companies to have at least one woman director on board. SEBI, in compliance with the Companies Act 2013, made it compulsory to have at least one woman on a board from October 2014. Howver, according to some reports as of April 2019, 51 of top 500 National Stock Exchange (NSE) listed companies in terms of market capitalisation had not appointed independent woman director. Bombay Stock Exchange (BSE): Location: Maharashtra, India Founded on: 9 July 1875 Founded by: Premchand Roychand Chairman: S. Ravi  MD & CEO: Ashishkumar Chauhan  Market cap: ₹150,184.87 billion It is an Indian stock exchange  BSE is the world's 10th largest stock exchange

    Japan got its new emperor Naruhito

    2 May 2019
    Emperor ascends to the Chrysanthemum Throne: The new emperor, Naruhito (59-year-old),  on 1st May received the sacred imperial regalia that represents his rightful succession to the world’s oldest monarchy, Tokyo, Japan. Emperor Akihito of Japan formally stepped down on 30th April 2019 as his son Naruhito prepared to take the Chrysanthemum Throne and usher in a new imperial era.  Emperor Akihito: Emperor Akihito abdicated the Chrysanthemum Throne three decades after he succeeded his father, the wartime emperor Hirohito. This is the first abdication for 200 years in the world's oldest monarchy. In the “Room of Pine” in Tokyo's Imperial Palace, the popular 85-year-old performed the abdication ritual in the presence of the imperial regalia, an ancient sword and the sacred jewel. Akihito (now 85 years old), took the throne in 1989. He devoted his career correcting for a war fought in his father's name. He even brought the aloof monarchy closer to people. He is the first emperor in Japan's modern history whose era did not have a war. While the role of the emperor has been chiefly ceremonial since the end of World War II, the departing monarch acted as the nation’s chief consoler during times of disaster, such as the 2011 earthquake and tsunami, and sought to make amends throughout Asia for Japan’s wartime atrocities. Change of Era: Stepping down of Emperor Akihito brings his "Heisei" era to an end and beginning of a new "Reiwa" era with Naruhito's accession. The term "Reiwa" means "Beautiful Harmony". It is derived from "Manyoshu", an anthology of Japanese poems dating back 1,200 years that symbolises Japan's profound public culture and long tradition.

    Rakesh Kumar Singh Bhadauria Appointed as Vice Chief of Air Staff

    2 May 2019
    Rakesh Kumar Singh Bhadauria was commissioned in the fighter stream of Indian Air Force in 1980 and won the coveted ‘Sword of Honour’ for standing first in the overall order of merit.  He has over 4250 hours of experience on twenty-six types of fighters and transport aircraft with the unique distinction of being an Experimental Test Pilot, a Cat ‘A’ Qualified Flying Instructor and a Pilot Attack Instructor. He held a number of important appointments, which include, Command of a Jaguar Squadron and a premier Air Force Station, Commanding Officer of Flight Test Squadron at Aircraft and System Testing Establishment, Chief Test Pilot and Project Director of National Flight Test Centre on Light Combat Aircraft (LCA) project.  He was extensively involved in the initial prototype flight tests on the LCA.  Air Marshal Bhadauria was also the Air Attache, at Embassy of India in Moscow, Assistant Chief of the Air Staff (Projects), Commandant of the National Defence Academy, Senior Air Staff Officer at HQ CAC, Deputy Chief of the Air Staff at Air HQ and Air Officer Commanding-in-Chief of Southern Air Command.

    President Sirisena appointed General S.H.S Kottegoda as the Defence Secretary

    30 April 2019
    President Maithripala Sirisena on 29th April appointed General S.H.S Kottegoda, a former Army commander, to the post of Defence Secretary. He replaces Hemasiri Fernando who resigned from the post after the Easter blasts that killed over 250 people. President Sirisena also named Deputy Inspector-General Chandana Wickramaratne as the acting police chief as the incumbent Pujith Jayasundara is currently on compulsory leave. President Sirisena squarely blamed the Defence Secretary and the IGP for failing to pass on the information to him. As per Sri Lankan law, the Inspector General of Police (IGP) can be removed from the post only with a parliamentary resolution backed by a majority and based on a subsequent inquiry by a committee.

    Dalbir Singh appointed as Indias High Commissioner to Seychelles

    28 April 2019
    Former Indian Army Chief General (Retired) Dalbir Singh Suhag was appointed as India's High Commissioner to the island nation Seychelles on April 25, 2019. He is expected to take up the assignment shortly. Dalbir Singh: He was the Army Chief from August 1, 2014 to December 31, 2016. He was also part of the Indian Peace Keeping Force (IPKF) in Sri Lanka in 1987.  India-Seychelles relations: The diplomatic ties were established with Seychelles, after its independence, with India in 1976. In 2015, Seychelles agreed to allocate land on Assumption Island for India to build its first naval base in the Indian Ocean region. India has also extended a USD 100 million line of credit and decided to gift a Dornier aircraft to Seychelles. There has also been a high-level exchange of visits between both nations. According to the estimates of the Ministry of External Affairs, India exported goods worth USD 101.16 million and imported goods worth USD 0.548 million from Seychelles during January to October 2017. In 2017, India stood at 8th position by way of exports to Seychelles. About Seychelles: Capital: Victoria Official languages: English President: Danny Faure Vice President: Vincent Meriton Currency: Seychellois Rupee (SCR)

    Sri Lankan IGP resigns after the deadly Easter bomb attcks

    27 April 2019
    Sri Lanka's top police official, Inspector General of Police Pujith Jayasundara, has resigned over failures that led to the deadly Easter bomb attacks. Mr.Jayasundara has sent his resignation to the acting defence secretary.  The resignation comes after the country's top defence ministry official, defence secretary Hemasiri Fernando resigned on 25th April. The new IGP will be nominated soon. The President's nominee will be confirmed by a constitutional council.

    Sri Lankas Defence Secretary resigned after the Easter attacks

    26 April 2019
    Sri Lanka’s Defence Secretary Hemasiri Fernando resigned on 25th April after the Easter attacks. He took the responsibility for the deadly serial bombings. The new Secretary is yet to be named. Mr.Fernando is the first official to step down after both President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe said they were unaware of the imminent threat, though the security establishment had received prior intelligence.  Current scenario  after Easter bombings: The investigators have nabbed 16 persons with possible links to the blasts. Over 60 suspects are already being interrogated. Authorities earlier named the National Thowheed Jamaath, a radical Islamist group, as the perpetrators. Investigators have traced its 139 members and are probing their possible links with the Islamic State that has claimed responsibility. Sri Lanka’s Catholic churches and mosques have also decided to remain closed amidst persisting tension and fear within the community and for security reasons. The Army, Navy and Air Force have deployed additional troops on the streets. Following the attacks, Sri Lanka has suspended plans to grant visas on arrival to citizens of 39 countries for the time being considering the security situation.  The death toll in the Easter Day attacks is around 100 fewer than the 359 originally thought. The death toll had been revised down to 253 due to inaccurate figures provided by the morgues.    Sri Lanka: President: Maithripala Sirisena Prime Minister: Ranil Wickremesinghe Capital: Sri Jayawardenepura Kotte Official languages: Sinhala, Tamil Currency: Sri Lankan rupee (LKR)

    Twitter appoints Manish Maheshwari as new India MD

    24 April 2019
    Manish Maheshwari, who previously served as the CEO of Network18 Digital, takes over the new role from April 29. Prior to Network18, Maheshwari has worked with Flipkart, txtWeb, Intuit, McKinsey and P&G. Manish will be responsible for driving an integrated business strategy to accelerate Twitter’s audience and revenue growth in the country, overseeing Twitter India’s teams in Delhi, Mumbai and Bengaluru. He will be based in Delhi. Manish will report to Maya Hari, Twitter’s vice president and managing director of Asia Pacific. The appointment comes amid growing concerns over spread of misinformation on social media platforms across the world, including India. India is among one of the biggest markets for internet companies like Facebook, Google and Twitter, given the large base of young population. Twitter, which has over 30 million users in India (according to, had appointed Krish as an interim country head.

    Uday Kumar Varma resigns from Assocham Secretary General post

    24 April 2019
    Uday Kumar Varma, a former bureaucrat retired from the post of Secretary, Ministry of Information and Broadcasting, resigned from the post of The Associated Chambers of Commerce and Industry (Assocham) Secretary-General. Currently, Assocham’s Deputy Secretary-General Saurabh Sanyal is discharging the duties of secretary general. About Assocham ♦ Founded: 1921 ♦ Headquarter: New Delhi ♦ President: Balkrishan Goenka

    Ravinder Kumar Passi appointed as a new Chairman of Export Promotion Council for Handicraft (EPCH)

    22 April 2019
    Export Promotion Council for Handicraft (EPCH) board appointed Ravinder Kumar Passi (previously a vice chairman of EPCH), to the post of Chairman of EPCH.  He will take charge for the post of Chairman shortly from his predecessor O P Prahladka. Ravinder Kumar Passi served EPCH in various important position including the post of chairman during 2001-2002.  About Export Promotion Council for Handicraft (EPCH) EPCH is a non-profit organisation, established under Companies Act of 1956 in the year 1986-97.

    Malis Prime Minister Maiga resigned over Ogossagou massacre

    21 April 2019
    Malian Prime Minister Soumeylou Boubeye Maiga resigned ahead of a no-confidence vote over his government’s failure to tackle a deadly rise in attacks from Islamist militants and clashes between ethnic communities. Mali has been struggling to restore stability since Islamist extremists linked to Al-Qaeda took control of the country's vast desert north in early 2012. Last month, gunmen killed at least 157 people on Ogossagou, a village in central Mali populated by rival Fulani herders, in one of the deadliest attacks the country has experienced in years. The attack was followed by protests in the capital, Bamako, with thousands calling for the government to find a solution to the crisis or to step down. At the same time, the lives of ordinary people in Mali are getting worse. The price of basic necessities like water, electricity and food has risen by 20 percent in the last year. The United Nations has more than 16,000 personnel on the ground in Mali, including a contingent of 12,418 troops made up of forces from countries including Burkina Faso, Senegal, Niger, Togo and Chad. About Mali: Currency: West African CFA franc Capital: Bamako President: Ibrahim Boubacar Keïta Prime minister: Soumeylou Boubèye Maïga

    Pakistan's Finance Minister Asad Umar resigns

    21 April 2019
    Pakistan's Finance Minister Asad Umar resigned from the cabinet before securing a multi-billion dollar International Monetary Fund bailout package for the cash-strapped country.  Umar recently returned after visiting the US in which the details of Pakistan's next IMF bailout were discussed.  Pakistan is seeking USD 8 billion funding from the IMF to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy. About Pakistan Capital: Islamabad Largest city: Karachi Official languages: English Urdu

    Shri N. Kashinath designated as Member (Signal & Telecom) of Railway Board

    20 April 2019
    Shri N. Kashinath took over as Member (Signal & Telecom) of Railway Board. He was associated with Train Describer Project, Survey for the Mobile Train Radio Communication in Northeast Frontier Railway, Shri N. Kashinath belongs to the 1980 Batch of the Indian Railway Service of Signal Engineers (IRSSE). About Indian Railways Industry: Rail transport Founded: 8 May 1845 (173 years ago)[1] Headquarters: New Delhi, India Key people: Piyush Goyal (Minister of Railways) Vinod Kumar Yadav (Chairman, Railway Board)

    PwC India names Padmaja Alaganandan as chief people officer, Jagjit Singh steps down

    18 April 2019
    PwC India announced the appointment of Padmaja Alaganandan as the firm’s new Chief People Officer (CPO). She takes over the role from Jagjit Singh. Padmaja associated with PwC for the last eight years.  She was the Technology sector lead for PwC’s Advisory Line of Service.  The leader of the firm’s People and Organisation Consulting practice. Before joining PwC in 2011, Padmaja worked in leadership roles in different organisations such as Mercer Consulting and AF Ferguson.  She is a member of CII’s National HR Committee and the Committee on Skill Development. Padmaja was inducted into the firm’s leadership team.

    redBus appoints Mahendra Singh Dhoni as brand ambassador

    18 April 2019
    Bus ticketing platform redBus has appointed cricketer Mahendra Singh Dhoni as its brand ambassador. The cricketer will appear in a hockey player avatar in his first cameo for the brand, slated to be launched soon. Dhoni’s brand endorsement deals can be in the range of ₹ 3-10 crore. At present, Dhoni is the brand ambassador of sports firm Dream11, Colgate, MasterCard, Orient Fans, BharatMatrimony, Indigo Paints, SRMB Steel, and health supplement brand Revital H. Recently, Fantasy sports platform HalaPlay Technologies has appointed cricketers Krunal and Hardik Pandya as its brand ambassadors. About Redbus: redBus, which started in 2006, works with over 2500 bus operators’ and claims to have sold more than 180 million bus tickets till date. redBus is a part of the MakeMyTrip group and the platform claims to have a customer base of around 20 million users. CEO: Prakash Sangam Headquarters: Bengaluru

    Ajay Kumar Dixit appointed as CEO of Cairn Oil

    18 April 2019
    Cairn Oil & Gas, a division of Vedanta Ltd, has announced the appointment of Ajay Kumar Dixit as its Chief Executive Officer. Dixit succeeds Sudhir Mathur, who after seven successful years with the company, moves on to pursue personal endeavors.  Dixit had joined Vedanta in 2015 from Siemens where he was CEO-Energy for South Asia. He is an alumni of Delhi College of Engineering and had served as the acting CEO of Vedanta’s Aluminium and Power business before being elevated to this new role. The company expects that his leadership will support Cairn’s vision to realize the full potential of Barmer block, grow the offshore business and appraisal of new blocks under OALP I and discovered small fields (DSF-II).

    New Palestinian government sworn in a second time after botched oath

    15 April 2019
    Palestine’s New Prime Minister Mohammed Ishtayeh, a veteran peace negotiator and harsh critic of Gaza’s Hamas rulers, and his 22-member cabinet took the oath of office a second time, on April 14, 2019. The ministers neglected to include a clause pledging faithfulness “to the people and its national heritage” during ceremony on April 13. The 18th Palestinian government since the establishment of the Palestinian Authority in 1995 was sworn in according to a presidential decree issued by Mahmoud Abbas. The new Cabinet replaces a technocratic government formed by Rami Hamdallah in 2014 after an agreement between Fatah and Hamas, the Islamic militant group that has run the Gaza Strip after ousting Fatah and evicting the Palestinian Authority in 2007. Ishtayeh faces challenges, with the Palestinian Authority in a deep financial crisis after U.S. sanctions and Israel's decision to withhold $138 million in tax revenue it collects on behalf of the Palestinians. About Palestine: ♦ Capitals: Ramallah, East Jerusalem ♦ US recognized Jerusalem as Israel’s capital in 2018. ♦ President: Mahmoud Abbas ♦ Currencies:  Israeli Sheqel, Jordanian Dinar, Egyptian Pound

    Gargi Kaul appointed as Secretary of Defence Finance

    15 April 2019
    The  Central government appointed Gargi Kaul as Secretary, Defence Finance. She is a 1984-batch officer of the Indian Audit and Accounts Service (IA&AS).  About Defence Ministry ♦ Formed: 1776 (as Military Department), 1947(as Ministry of Defence) ♦ Headquarters: New Delhi ♦ Minister: Nirmala Sitharaman ♦ Deputy Minister: Dr.Subhash Ramrao Bhamre ♦ It is responsible for coordinating and supervising all agencies and functions of the government relating directly to national security and the Indian armed forces  

    Jamia Millia Islamia gets its First Woman Vice-Chancellor

    14 April 2019
    The Ministry of Human Resources and Development issued a statement about appointing Professor Najma Akhtar as vice–chancellor of Jamia Millia Islam about Professor Najma Akhtar as vice–chancellor of Jamia Millia Islamia University (JMI) by the President of India. She is appointed for a period of five years. Professor Najma Akhtar will be the first woman to hold the post. Professor Najma Akhtar is a gold medallist from Aligarh Muslim University. She has a PhD in Education from Kurukshetra University. Professor Najma Akhtar a Commonwealth Fellow for University.

    Murali Kartik named as the new brand ambassador of Fantasy 11

    14 April 2019
    Funtasy11, a fantasy sports platform, has roped in former Indian cricketer Murali Kartik as its brand ambassador. Fantasy Gaming Space is rapidly growing and is expected to reach 100 million users by 2020. Karthik was the ‘Official Fan Management Partner’ for the recently conducted Premier Badminton league. Before Karthik, appointment of brand ambassadors made by famous online gaming industries are listed below: ♦ Dream 11 - MS Dhoni ♦ CricPlay - Gautam Gambhir ♦ HalaPlay - Hardik Pandya and his brother Krunal ♦ Fantain  - Suresh Raina ♦ Fanmojo - Prithvi Shaw

    Jean Michel Lapin elected as Haiti's new prime minister

    14 April 2019
    Haiti’s President Jovenel Moise announced that Jean Michel Lapin, who once served as a courier in the public administration, to be the new prime minister of the French-speaking Caribbean Community (CARICOM) country. He succeeds Prime Minister Jean-Henry Ceant. The former culture and communications minister, Lapin was named acting prime minister on March 21. Lapin is the third head of government under President Moise, since he came to office in February 2017. The formation of a new government in Haiti is an International Monetary Fund (IMF) pre-requisite for the disbursement of the first tranche of a US$229 million loan to Haiti. In 2018, Haiti, the poorest country in the Americas, had a record US$290 million deficit, while its national budget was estimated at US$1.8 billion. About Haiti: ♦ Capital: Port-au-Prince ♦ Currency: Haitian gourde ♦ Continent: North America

    Nitin Chugh likely to be appointed as MD & CEO of Ujjivan Small Finance Bank

    13 April 2019
    Nitin Chugh, digital banking head of private sector lender HDFC Bank, is likely to succeed Samit Ghosh, the Managing Director and Chief Executive of Ujjivan Small Finance Bank. Mr.Ghosh, who is also the founder of Ujjivan SFB, will retire in November 2019. The Bengaluru-based small finance bank has already applied to the Reserve Bank of India (RBI) for approval to appoint Mr.Chugh as the Managing Director and Chief Executive Officer. Mr.Chugh has over 23 years of experience. Ujjivan Small Finance Bank: ♦ Type: Small finance bank ♦ Industry: Banking, Financial services ♦ Founded 1: February 2017 ♦ Founder: Samit Ghosh ♦ Headquarters: Bangalore, Karnataka ♦ Non-Exe Chairman: Sunil Patel  ♦ MD & CEO: Samit Ghosh   

    Cairn Indias CEO and CFO resigns

    12 April 2019
    Cairn India CEO Sudhir Mathur and CFO Pankaj Kalra have resigned from the firm. Ajay Dixit, who was CEO of the Aluminum and Power divisions of Vedanta, will take over from Mr.Mathur in the interim, after his exit. Mr.Mathur is the fourth CEO to quit the firm after it was acquired by Vedanta in 2011. Cairn India  ♦ Cairn India is a subsidiary of Vedanta Resources  ♦ It is one of the largest independent oil and gas exploration and production companies in India ♦ Industry: Oil and gas ♦ Founded on: 2007 ♦ Headquarters: Gurgaon, Haryana ♦ Area served: India, Sri Lanka & South Africa ♦ Chairman: Navin Agarwal

    Algeria MPs elect Abdelkader Bensalah as first new president in 20 years

    11 April 2019
    Abdelkader Bensalah was appointed president for a three-month transitional period after weeks of mass protests led to the resignation of long-serving former President Abdelaziz Bouteflika on April 2. Algeria's newly appointed interim President Abdelkader Bensalah announced the election would be held on July 4 to vote for a new president. However, the 77-year-old Bensalah is barred under the constitution from running in the upcoming election. About Algeria: ♦ Capital: Algiers ♦ Currency: Algerian dinar ♦ Continent: Africa ♦ Prime Minister: Noureddine Bedoui

    Benjamin Netanyahu elected for 5th term as Israel's Prime Minister

    11 April 2019
    Netanyahu defeated centrist ex-military chief Benny Gantz, whose nascent Blue and White party emerged as a viable alternative to Netanyahu's decade in power. With over 97% votes counted, Netanyahu's Likud party tied with the Blue and White party, winning 35 seats each in the 120-member Knesset. Netanyahu's victory came amid allegations of corruption against him and his wife. His campaign has focused heavily on his friendship with President Donald Trump and his success in cultivating new allies, such as China, India and Brazil. About Benjamin Netanyahu: ♦ He is the first Israeli Prime Minister born in Israel after the establishment of the state. ​​​​​​​♦ He is the Chairman of the Likud party. ​​​​​​​♦ He became the leader of Likud in 1993 and won the 1996 elections, becoming Israel's youngest-ever Prime Minister, serving his first term from June 1996 to July 1999. About Israel; ​​​​​​​♦ Capital: Jerusalem ​​​​​​​♦ Currency: Israeli new shekel ​​​​​​​♦ Population: 87.1 lakhs (2017) World Bank ​​​​​​​♦ President: Reuven Rivlin ♦ Parliament called: Knesset

    SUN Group chairman Vikramjit Sahney elected as president of ICC India

    10 April 2019
    SUN Group Chairman Vikramjit Singh Sahney elected as the new president of International Chamber of Commerce (ICC) - India. He will succeed Jawahar Vadivelu. About ICC: ♦ The International Chamber of Commerce is the largest, most representative business organization in the world. Its 6 million members in over 100 countries have interests spanning every sector of private enterprise. ♦ ICC has three main activities: rule setting, dispute resolution, and policy advocacy. ♦ Founded: 1919 ♦ Headquarters: Paris, France ♦ Motto : We make business work for everyone,everyday, everywhere.

    Kirstjen Nielsen resigns as Homeland Security Secretary

    9 April 2019
    Kirstjen Nielsen, Homeland Security Secretary, resigned her position on 7th April. Ms.Nielsen will, however, stay on until April 10. Kevin McAleenan, the current U.S. Customs, and Border Protection Commissioner will take charge as Acting Homeland Security Secretary. Ms. Nielson, who has had a rocky working relationship with President Donald Trump, handed in her resignation at a time when there were growing signs of division within the administration over how to handle the swelling numbers at the U.S.-Mexico border.

    Graham Reid appointed as chief coach of India men's hockey team

    9 April 2019
    Reid was part of the silver-medal winning Australian team at the 1992 Barcelona Olympics. Reid's appointment till the end of 2020 was ratified after Hockey India received necessary clearance from the Sports Authority of India (SAI). India had been without a chief coach since Harendra Singh was sacked after last year's World Cup Reid will be in charge of the team during their next international assignment -- tour to Australia in May 2019. About Hockey India:: ♦ Founded: 2009 ♦ Affiliation: International Hockey Federation (FIH) ♦ Headquarters: New Delhi, India ♦ President: Mohammad Mushtaq Ahmed ♦ India men's hockey team Captain: Manpreet Singh ♦ Manager: Arjun Halappa ♦ FIH ranking: 5 (16 December 2018)

    Praful Patel becomes 1st Indian to be elected as member of FIFA Executive Council

    8 April 2019
    Praful Patel is the current president of All India Football Federation (AIFF). He got 38 out of 46 votes. His membership in the council will be for four years, from 2019 to 2023. Patel was accompanied by AIFF general secretary Kushal Das and senior vice-president Subrata Datta. FIFA Council member election was held during the 29th Asian Football Confederations (AFC) Congress in Kuala Lumpur, Malaysia. About FIFA Council: ♦ FIFA -  Fédération Internationale de Football Association ♦ It is the governing body of association football. ♦ Headquarters: Zurich, Switzerland ♦ President: Gianni Infantino ♦ Senior Vice President: Salman Bin Ibrahim Al-Khalifa

    Vikram Kirloskar appointed as CIIs president

    6 April 2019
    Vikram Kirloskar, CMD of Kirloskar Systems Ltd., and vice-chairman of Toyota Kirloskar Motor has assumed office as President of the Confederation of Indian Industry (CII) for 2019-20. He takes over from Rakesh Bharti Mittal, vice-chairman, Bharti Enterprises.  Uday Kotak, founder and MD & CEO of Kotak Mahindra Bank, is the president-designate of CII for 2019-20. T.V. Narendran, CEO & MD of Tata Steel Limited, takes over as CII vice-president for 2019-20.

    Nasscom appoints Keshav Murugesh as CEO

    6 April 2019
    IT industry body Nasscom has appointed WNS Global Services Group CEO Keshav Murugesh as its chairman for 2019-20. He takes over from his previous role as vice-chairman of Nasscom. He succeeds Rishad Premji (Wipro chief strategy officer and board member). Nasscom has appointed Infosys COO U.B. Pravin Rao as its vice-chairman for 2019-20.

    American David Malpass selected as the new President of the World Bank

    6 April 2019
    David Malpass is currently US Treasury Department's Under Secretary for International Affairs. He was a senior economic adviser to US President Donald Trump during his 2016 election campaign. The 63-year-old, nominated by Trump, was the only candidate for the job. Malpass succeeds Jim Yong-kim, who stepped down on February 1 to join an investment firm. Kristalina Georgieva, chief executive officer of the bank, has been acting as the interim President.

    Former Bollywood Actress, Mayoori kango has appointed as the Industry Head of Google India

    5 April 2019
    She will lead Google engagement with Publicis (Parent Company of Performics) and DAN. Before joining Google India, Mayoori has worked as a Managing Director in Performics which is part of Publicis Groupe. She has been instrumental in engaging and retaining accounts of firms like Uber, Airtel and Nestle.

    Vipin Anand assumed charge as new Managing Director of LIC

    5 April 2019
    Vipin Anand was appointed as the Managing Director of the Life Insurance Corporation of India (LIC), by the government last month. He was instrumental in setting up LIC's operations in Singapore and Bangladesh. He served more than 35 years in LIC. Life Insurance Corporation (LIC) executive board comprises of one chairman and four managing directors (MDs). The government appointed MR Kumar as the Chairman of Life Insurance Corporation (LIC) and TC Suseel Kumar as the managing director (MD) on March 13. About LIC: ♦ LIC - Life Insurance Corporation of India ♦ It is the largest insurance company in India. ♦ Headquarters: Mumbai ♦ Founded: 1 September 1956 ♦ Owner: Government of India

    Rakesh became next High Commissioner of India to the Republic of Cameroon

    5 April 2019
    Shri Rakesh Malhotra, Who was a Consul General, Consulate General of India, Melbourne appointed as the High Commissioner of India to the Republic of Cameroon. About Cameroon ♦ Capital : Yaounde ♦ Currency  : Central African CFA franc (XAF) ♦ President:  Paul Biya ♦ Prime Minister: Joseph Ngute

    Algeria's president Abdelaziz Bouteflika resigns after 20 years in power

    4 April 2019
    Algeria‘s long-serving president Abdelaziz Bouteflika announced his resignation, after mass protests demanding an end to his rule, and after a call from the army for him to be declared unfit to hold office. Bouteflika came to the presidency after its darkest period, the 1990s Islamic insurgency. After taking power in 1999, he managed to bring back stability to a country devastated by killings and distrust. Mr Bouteflika has not publicly spoken and has been wheelchair-bound since a stroke in 2013. Bouteflika is accused of failing to create an economy that could offer enough jobs, despite the nation's vast oil and gas wealth. Abdelkader Bensalah took charge as interim leader for a maximum of 90 days as elections are organised. About Algeria: ♦ Capital: Algiers ♦ Currency: Algerian dinar ♦ Acting President: Abdelkader Bensalah ♦ Prime Minister: Noureddine Bedoui

    Google India head Rajan Anandan resigns after 8 years

    3 April 2019
    Rajan Anandan, vice president for Google India and South East Asia, is leaving the company after an eight-year stint and will be joining Silicon Valley’s marquee venture fund Sequoia Capital. He will stay until the end of this month. Rajan Anandan had joined Google in 2011. His responsibility will be taken over by Country Director Sales Vikas Agnihotri in the interim.

    Eicher Motors Ltd. Vinod K.Dasari as the CEO of Royal Enfield

    2 April 2019
    Eicher Motors Ltd. has appointed Vinod K. Dasari as the Chief Executive Officer of Royal Enfield. He will also join the board of Eicher Motors as executive director with immediate effect. He stepped down as MD and CEO of Ashok Leyland on March 31. He takes over from Siddhartha Lal, who will continue as the MD of Eicher Motors.  The company also plans to invest Rs.700 crore in capital expenditure for 2019-20. The planned expenditure will include completion of construction work of the Technology Centre, Phase-2 of the Vallam Vadagal plant in Tamil Nadu and towards the development of new platforms and products.

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