Govt to disinvest in NTPC ; selling its 5 percent stake

Government will sell its 5 per cent stake in India’s largest power producer NTPC at a floor price of Rs 122 per share to raise Rs 5,029 crore.

Govt owns almost 75% of the company, plans to sell its stake in the two-day sale filings.

Justice Vineet Saran appointed as Chief Justice of Orissa High court.

President Pranab Mukherjee has appointed Justice Vineet Saran as the new Chief Justice (CJ) of Orissa High Court as per the provisions of Article 217 of Constitution.

His appointment comes after it was lying vacant ever since transfer of Justice D H Waghela as CJ of Bombay High Court.

Ismail Mahomed conferred with Knighthood by French Govt

He has been knighted by the French government for his lifelong devotion to the promotion of arts.

He was bestowed with Knight of the Order of Arts and Literature (The Chevalier de l’Ordre des Arts et Lettres) by French Ambassador Elisabet Barbier in Johannesburg.

IBSAMAR 2016 : Naval Exercise between India, South Africa and Brazil kicked off in Goa

It is 5th edition of IBSAMAR 2016 trilateral exercise.

IBSAMAR is abbreviated as India-Brazil-South Africa Maritime.

This is the for the first time the exercise is held in India as all the previous editions were held in South Africa since it began in 2006.

Austria’s capital Vienna becomes best city of the world to live in according to a survey

Vienna becomes best place to live in world as per an international survey on quality of life.

Baghdad is the worst, and London, Paris and New York do not even make it into the top 35, according to international research into quality of life.

Among Indian cities, Hyderabad is on top of the list rankings at 139th position, followed by Pune at 144, Bangalore 145, Chennai 150, Mumbai 152, Kolkata 160 and national capital Delhi at 161.

Pakistan Parliament becomes first in world to run fully on solar power

Pakistan parliament became the first in the world to completely run on solar power, a venture supported by close ally China with a whopping $55 million funding.

PM Nawaz Sharif in a simple ceremony switched on solar-powered building of the parliament in capital Islamabad.

It was launched in 2015 when Chinese President Xi Jinping visited and addressed the Parliament.

Remi Award 2016 : Tamil Film Kanavu Variyam

Tamil film Kanavu Variyam has won the prestigious 2016 Remi Award in the United States.

Currency Swap arrangement extended by RBI with SAARC nations

The decision has been taken in order to enhance economic cooperation and strengthen financial stability.

RBI has extended the $2 billion currency swap arrangement to SAARC nations till mid-November 2017.

Under the arrangement, RBI is to offer swap arrangement up to an overall amount of $2 billion both in foreign currency and Indian rupee.

Rahul Taneja : CPO of Jet Airways.

CPO mean Chief People officer

India’s 2nd largest airline Jet Airways India Ltd named Rahul Taneja as its chief people officer, responsible for shaping the operations and performance of the group.

Udai kumar : MD and CEO of MSEI

Metropolitan Stock Exchange of India has appointed its interim MD & CEO Udai Kumar as MD & CEO after receiving necessary approvals from securities regulator SEBI.

SEBI approval comes after a stringent short-listing process and interviews by the Selection Committee to select a suitable candidate for the role.

First fast acting Anti Rabies drug in world to be launched in India.

The drug has been developed by Pune-based Serum Institute of India (SII) and US-based MassBiologics of the University of Massachusetts Medical School.

RMAb drug is a human IgG1 monoclonal antibody that instantly deactivates rabies virus by specifically binding to a conformational epitope of glycoprotein of the virus.

KN Vyas becomes director of Bhabha Atomic Research Centre.

KN Vyas has been appointed as Director of Bhabha Atomic Research Centre (BARC) for a term of three years.

His appointment was confirmed by the Appointments Committee of the Cabinet (ACC) presided by Prime Minister Narendra Modi in New Delhi.

Bangladesh Cricket Captain Mashrafe Bin Mortaza : UNDP’s Goodwill Ambassador

UNDP has enlisted the volunteer services and support of prominent personalities from the worlds of art, music, film, sport and literature to highlight key issues and to draw attention to its activities.

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