DAILY GK -- MAY 2016 -- 201 TO 250
201. WPI inflation positive for 1st time in 18 months
i. Wholesale prices rose for the first time in 18 months, posting an annual gain of 0.34 per cent, driven up by higher costs for food and manufactured items, as per the government data.
ii. The data compared with a 0.20 per cent annual decline forecast by economists in a Reuters poll. In March, prices fell a provisional 0.85 per cent.
iii. Wholesale food prices last month rose 4.23 per cent year-on-year, compared with a provisional 3.73 per cent gain in March. Prices of manufactured goods increased 0.71 per cent year on year in April.
202. India successfully tests interceptor missile
i. India successfully test fired its indigenously developed supersonic interceptor missile on Sunday off the Odisha coast.
ii. The missile is capable of destroying hostile ballistic missile and will help in strengthening India's Missile Defence System.
iii. The interceptor is a single stage solid rocket propelled guided missile equipped with its own mobile launcher and a hi-tech computer among others.
203. BHEL wins Rs 1,600-cr order from the joint venture of NTPC and SAIL
i. Bharat Heavy Electrical Limited (BHEL), a state run engineering firm has won a rs. 1,600 crore order from a joint venture company of National Thermal Power Corporation Limited (NTPC) and Steel Authority of India Limited (SAIL) to set up a coal based thermal power project in Odisha.
ii. As per the company, It has got the rs. 1,600 crore order for Stage III of the brownfield power project, located in Rourkela district of Odisha has been placed on BHEL by NTPC-SAIL Power Company (NSPCL).
iii. This thermal unit will be set up on engineering, procurement & construction (EPC) basis and the other key equipment for the project will be manufactured by the other plants of BHEL.
204. India and Bangladesh power ties with 21st-century nuclear deal
i. India and Bangladesh has concluded a nuclear agreement with each other to engage the bilateral neighborhood relationship.
ii. The nuclear agreement has signed between the Ministry of External Affairs (MEA) and the Bangladesh department of science and technology.
iii. The Indian nuclear deal will equip and train Bangladesh to import their first nuclear power plant from Russia. It's a very big deal for Bangladesh and almost unique for India. Basically, once all these projects like power transmission line, power plant, supply of lpg etc kick in, Bangladesh could be well on its way to becoming a middle-income country in a decade.
205. United Nations to honour 4 Indian peacekeepers and a civilian
i. Four Indian peacekeepers and a civilian will be honoured with the Dag Hammarskjold Medal on the International Day of United Nations Peacekeepers (May 19) by United Nations.
ii. They have died while serving on peacekeeping missions last year. Those awardee name are Head Constable Shubhkaran Yadav, Rifleman Manish Malik, Havildar Amal Deka, Naik Rakesh Kumar and Gagan Punjabi.
iii. These Indian will be honoured along with other 124 military, police, and civilian personnel with a prestigious U.N. medal awarded posthumously for their courage and sacrifice. As, last year, 129 peacekeepers from 46 countries lost their lives in the line of duty.
206. UR Rao becomes first Indian to be awarded IAF’s ‘Hall of Fame’ Award
i. Former ISRO Chairman and space scientist Prof Udupi Ramachandra Rao became the first Indian to be given ‘Hall of Fame’ Award by the International Astronautical Federation (IAF).
ii. Mr. Rao has been selected for the prestigious award for his outstanding contribution to the progress of astronautics within the framework of the IAF activities.
iii. He will receive the award at the 67th International Astronautical Congress to be held in Guadalajara, Mexico in September 2016.
207. Justice Mudgal to head FIFA governance committee
i. Former IPL spot-fixing probe head, Justice Mukul Mudgal has been appointed as the Deputy Chairman of FIFA's governance committee. ii. Former European Court of Justice Advocate General, Portugal's Luis Miguel Maduro will head the governance committee and the International Review Committee alongside Mudgal.
iii. Earlier Mudgal was also appointed by the Asian Football Federation in a similar role.
208. Former Test cricketer Deepak Shodhan passes away
i. Deepak Shodhan, India’s oldest Test cricketer and the 2nd Indian to score a memorable test century in his debut innings, has passed away due to a heart attack at his residence in Ahmedabad. He was also suffering from lung cancer. He was 87 year old.
ii. Shodhan was a left handed batsman and bowler and became famous after making a century on Test debut against Pakistan at the Eden Gardens, Calcutta in December 1952.
iii. Shodhan played three Tests, scored 181 runs, ave. 60.33 and 43 first class matches and scored 1802 runs and took 73 wickets bowling left arm spin. He has announced his retirement in 1961.
209. Celina honoured by Harvey Milk Foundation
i. Actress Celina Jaitly has been honoured by the Harvey Milk Foundation for her contribution to Lesbian, Gay, Bisexual and Transgender (LGBT) equality as a United Nations Equality Champion.
ii. She dedicated her award to the two Bangladeshi LGBT activists who were recently murdered.
iii. Notably, the foundation commemorates Harvey Milk, America's first openly gay person to be elected to public office.
210. Indian eves clinch silver at Asian Squash C'ship
i. Indian women's squash team have won the Silver medal in the Asian Team squash Championships.
ii. In the final played at Taipei in Chinese Taipei, they lost to Malaysia by a 0-2 margin.
iii. India's performance was better than their bronze-medal finish in the earlier edition of the championship.
211. Andy Murray lifts his maiden Rome Masters title
i. Andy Murray defeated Novak Djokovic on clay for the first time to win the Italian Open Men's Singles Tennis title.
ii. The third-ranked Murray defeated the top-ranked Djokovic 6-3, 6-3. This was also his first ever victory against the Serbian on clay.
iii. It's Murray's first title in Rome and it comes exactly a week before the French Open begins. During the trophy ceremony, Murray was presented with a birthday cake as it was his 29th birthday. The only other British man to win the tournament was Pat Hughes in 1931.
212. Serena Williams wins her 1st title in 9 months
i. American professional tennis player, Serena Williams defeated compatriot Madison Keys 7-6(7-5), 6-3 to win her fourth Rome Masters title and the first title in last nine months.
ii. Williams, who last won a title in Cincinnati in August, took an hour and 24 minutes to dispatch the 21-year-old to win the 70th career title in her 89th final.
213. Sudha breaks 3,000m steeplechase national record
i. Rio Olympics qualified sprinter, Sudha Singh set a new national record in the 3,000-meter steeplechase category by clocking 9 minutes and 26.55 seconds in the IAAF Diamond League race in Shanghai.
ii. The 2010 Asian Games gold medallist broke the 9 minutes and 27.09 seconds national record timing set by another Rio Olympics qualified long-distance runner Lalita Babar.
214. FC Barcelona crowned La Liga champions
i. Barcelona were crowned La Liga champions for the second straight time and the 24th time overall, after they defeated Granada 3-0 in the last game of the season.
ii. All three goals came from Luis Suárez, who ended the season as the top goal scorer with 40 goals.
iii. Notably, this was Barcelona's sixth La Liga title in the past eight years.
215. Mirza and Hingis win Rome Masters title
i. Top-ranked women's doubles pair of Sania Mirza and Martina Hingis rebounded from their last two final losses to clinch the Internazionali BNL d’Italia title in Rome.
ii. The duo clinched a 6-1, 6(5)-7, 10-3 win over seventh-seeded Ekaterina Makarova and Elena Vesnina.
iii. This is Hingis' and Mirza's fifth title of the season and their first claycourt crown of 2016.
216. Max Verstappen becomes youngest Formula 1 winner
i. The Red Bull, Max Verstappen has become the youngest formula 1 winner. He is 18 year old.
ii. Max has defeated Ferrari's Kimi Raikkonen, who is 36 twice his age, by 0.616 seconds.
iii. Besides, Sebastian Vettel has managed with third position and Verstappen’s teammate, Daniel Ricciardo, finished at fourth.
217. The World Hypertension Day is being observed today
i. The World Hypertension Day (WHD) is being observed today (17th of May). The day was initiated by the World Hypertension League (WHL) to increase awareness about hypertension.
ii. The WHL launched its first WHD on May 14, 2005. Since 2006, the WHL has been dedicating May 17 of every year as WHD.
iii. The WHL began with the simple theme of “awareness of high blood pressure.” It changed the theme to “Treat to goal” with a focus on keeping blood pressure under control the next year.
218. World Bank approves $625 m loan to support rooftop solar programme in India
i. The World Bank's Board has approved USD 625 million loan to support the central government’s programme to generate electricity from rooftop solar power plants.
ii. The Board also approved a co-financing loan of USD 120 million on concessional terms and a USD 5 million grant from Climate Investment Fund's (CIF) Clean Technology Fund.
iii. The project will finance the installation of at least 400 MW of grid connected rooftop solar photovoltaic (GRPV) across India. These solar photovoltaic (PV) installations will provide clean, renewable energy, and reduce GHG emissions by displacing thermal generation.
219. Govt launches Swachh Office Drive across India
i. The government on Monday launched a 15-day 'Swachh Office Drive' across India to ensure cleanliness at government-run offices. ii. Launching the drive, Urban Development Minister Venkaiah Naidu directed senior officials to ensure sanitation.
iii. The ministry issued a norms manual, including measures like ensuring 45 litres daily water supply per head per day and one toilet for 25 persons.
220. Union Government launches ePACE, INFRACON and up-Scaled INAM PRO for Road Transport Sector
i. Union Minister of Road Transport & Highways and Shipping Nitin Gadkari has launched three initiatives for best practices in road transport sector.
ii. These three innovative IT initiatives are: INFRACON, ePACE and up-Scaled INAM PRO.
iii. These initiatives are aimed at making the road building procedure faster, more transparent and more efficient. These innovative IT initiatives are developed in house by National Highways and Infrastructure Development Corporation Ltd (NHIDCL).
221. India ranks 3rd in 'Renewable Energy Country Attractiveness Index'
i. India’s renewable energy sector has been ranked third in the Renewable Energy Country Attractiveness Index (RECAI) with China at second and the US on top.
ii. The index ranks 40 markets on the attractiveness of their renewable energy investment and deployment opportunities, based on a number of macro, energy market and technology-specific indicators.
iii. The methodology has been refreshed in the May edition to reflect greater focus on energy imperative, policy stability and routes to market.
222. India, U.S. Hold First Maritime Security Dialogue
i. India and the US held the first round of discussions under the recently-constituted Maritime Security Dialogue.
ii. The dialogue was held between the officials of Defence and External Affairs ministries and their US counterparts.
iii. The dialogue was one of the several new initiatives agreed between Indian Defence Minister Manohar Parrikar and his US counterpart Ashton Carter during the latter’s visit to India in April 2016. It was created as a part of the maritime security objectives under the India-US Joint Strategic Vision for the Asia-Pacific and Indian Ocean Region.
223. RBI authorises 29 agency banks to accept payments of I-T dues
i. RBI has authorised 29 agency banks to accept payments of Income Tax dues as recently Reserve Bank of India has asked income tax assessees to pay their tax dues well in advance to avoid last minute rush.
ii. RBI has taken this measure as the rush for remitting Income Tax dues becomes far too heavy towards the end of June every year making it difficult for the Reserve Bank to cope with the pressure.
iii. So in order to minimize the hassle, tax payers can also use the facility of online payment or use alternate channels like the authorized agency banks. Some of the agency banks authorized by RBI to collect tax include Allahabad Bank, UCO Bank, Bank of India, Canara Bank etc.
224. DBS Bank to set up new technology hub in Hyderabad
i. Singapore based DBS Bank has decided to set up its biggest technology hub out off its headquarter.
ii. The bank has appointed Mr. Mohit Kapoor as the head of its Technology Development Centre in Hyderabad. Going ahead, the bank also plans to hire about 1,500 people over the next two years.
iii. As per the bank, the hub will help in strengthening the lenders technological capabilities across Asia as well as its digital banking strategy.
225. RBS to shut down operations in India
i. UK-based Royal Bank of Scotland (RBS) on Monday said it will shut down its corporate, institutional and retail banking operations in India, following the announcement of the plan last year.
ii. RBS currently operates 10 retail branches in India employing 400 people.
iii. This is part of the bank's plan to reduce its international operations to 13 countries from the current 38.
226. NASA launches super pressure balloon from New Zealand
i. NASA successfully launched a super pressure balloon from New Zealand's South Island Wanaka Airport to conduct near-space scientific investigations.
ii. The launch marks the fifth attempt to get the massive balloon airborne, with previous bids thwarted by bad weather.
iii. Long-duration balloon flights at constant altitudes play an important role in providing inexpensive access to the near-space environment for science and technology. The 532,000 cubic metres balloon is expected to circumnavigate the globe about the southern hemisphere's mid-latitudes once every one to three weeks, depending on wind speeds in the stratosphere. The aim is for it remain airborne for more than 100 days.
227. China Launches Yaogan-30 Remote Sensing Satellite
i. China has successfully launched a remote sensing satellite Yaogan-30 into sun-synchronous orbit (SSO) using the Long March-2D rocket.
ii. The rocket was launched from Jiuquan Satellite Launch Center located in Gobi desert in northwest China’s Gansu Province.
iii. It was the 227th flight of the Long March rocket series and was also the second orbital launch from the Jiuquan Satellite launch Center in 2016. The Yaogan-30 satellite was built by the China Academy of Space Technology (CAST).
228. British Royals launches Heads Together campaign to tackle stigma of mental health
i. British Royals Prince William, Princess Kate and Prince Harry has launched the Heads Together campaign at Queen Elizabeth Park in East London.
ii. The campaign aims to change the national conversation on mental health and wellbeing.
iii. It will be executed the Royal Foundation in partnership with eight charities that have decades of experience in tackling stigma and raising awareness. It is the single biggest project the three British Royals have undertaken together so far.
229. Pfizer to buy Anacor Pharma in $5.2 bn deal
i. Pfizer Inc will buy Anacor Pharmaceuticals Inc in a $5.2-billion (£3.61 billion).
ii. This deal comes just after a month when US drug major scrapped plans to acquire Allergan Plc. Now Pfizer is all set to add an eczema gel to its portfolio with the help of this acquition.
iii. The acquisition will give Pfizer access to a non-steroidal topical gel, crisaborole, which is currently under review by the US Food and Drug Administration for the treatment of mild to moderate eczema and as per the American global pharmaceutical corporation, Pfizer, the crisaborole had the potential to reach or exceed peak sales of $2 billion.
230. NTPC forms joint venture with Coal India
i. State-owned power generating firm NTPC has signed a joint venture agreement with state-run Coal India to revive plants run by the Fertilizer Corporation of India (FCIL).
ii. The joint venture would initially be incorporated with a 50:50 contribution from both but also contains a provision of inducting strategic partners at a later date.
231. Indian Short Film ‘Beti’ To Be Screened At Seattle International Film Festival
i. Beti, a non-fiction short film on girl child education, made by young student filmmakers of Chandigarh, has been invited for a special screening at the 42nd Seattle International Film Festival (SIFF), Washington DC.
ii. Beti is the only short film from India to be featured amongst 421 films representing 85 countries and will be screened on 30 May 2016, which is Seattle Memorial Day at the SIFF.
iii. The film was made by young student filmmakers of Chandigarh. The movie is directed by Shivain Arora.
232. New CJ Of Rajasthan HC, Tripura HC and Chhattisgarh HC have sworn in
i. Justice Navin Sinha was sworn-in as the new Chief Justice of the Rajasthan High Court. Governor Kalyan Singh administered the oath to the new Chief Justice of the state High Court.
ii. Justice Tinlianthang Vaiphei was sworn in as the acting Chief Justice of Tripura High Court. He was administered the oath of office by the Governor Tathagata Roy at the Raj Bhavan in Agartala.
iii. Justice Deepak Gupta on was sworn-in as the new Chief Justice of the Chhattisgarh High Court. Chhattisgarh Governor Balram Das Tandon administered the oath of office to Justice Gupta at a function at Raj Bhawan in Raipur.
233. South Korean author Han Kang wins Man Booker International Prize
i. Han Kang, a South Korean author has won he 2016 Man Booker International Prize for her novel 'The Vegetarian'.
ii. It is about a story of a wife, who gives up eating meat and seeks to become a tree.
iii. The 45-year-old Han kang is the first South Korean to win the prize. The writer and her British translator will share the 72,000 Dollar prize money. The book was translated by Deborah Smith, a 28-year-old Briton who only began learning Korean when she was 21.
234. JK Rowling receives highest French civilian honour
i. Renowned author of Harry Potter series, Mr. JK Rowling has been honoured with the highest French civilian honour -'French Legion Of Honour'.
ii. She was given honorary title by the President of France Mr. Nicolas Sarkozy at a ceremony in Paris. J K Rowling or Robert Galbraith is a British novelist, screenwriter and film producer.
iii. The title was created by Napoleon Bonaparte in the early 19th century and constitutes the country's elite national merit society.
235. Discoverer of Neptune's rings dies aged 73
i. French astrophysicist Andre Brahic, one of the discoverers of Neptune's rings, died in Paris at the age of 73.
ii. Brahic, along with American astronomer William Hubbard, first spotted the rings in 1984, naming them Equality, Fraternity and Liberty.
iii. Further, a minor planet numbered 3488 was named 'Brahic' in tribute to his work.
236. Archers Deepika, Bombayla, Laxmirani named for Rio Olympics
i. A three-member Indian women's archery team comprising Deepika Kumari, Bombayla Devi and Laxmirani Majhi was named for the Rio Olympics after a series of selection trials in the last three months.
ii. The women's trio will compete in the individual events as well as team event at the Rio Games in August.
iii. India's women archers earned three individual berths and a team quota by virtue of the team's performance at the World Championships in Copenhagen last year. Archery Association of India, AAI, also announced a three-member men's team consisting Jayanta Talukdar, Atanu Das, Mangal Singh Champia for the third stage World Cup in Antalya, Turkey, next month in order to have a shot at Olympic berths.
237. World’s largest Single Rooftop Solar Power Plant inaugurated in Amritsar
i. In Punjab, Chief Minister Parkash Singh Badal inaugurated the World’s largest Single Rooftop Solar Power Plant with capacity of 11.5 MegaWatt (MW) at Dera Baba Jaimal Singh at Beas, in Amritsar district.
ii. This is the largest Solar Power Plant spread over 82 acres of rooftop in single campus on multiple roofs with installed capacity of 19.5 MW.
iii. The plant has been set up with the cost of 139 crore rupees .
238. Union Government opened Tatkal Window to expedite examination of patent applications
i. The Union Government has opened up a Tatkal Window to expedite examination of patent applications by start-ups as well as entities choosing India for the first filing of patent.
ii. The move came in the backdrop of 2.37 lakh patent applications pending in the country.
iii. The government is aiming to bring down the time period for initial examination of patent applications from the present 5-7 years to 18 months by March 2018. The move will popularise India as a patent filing hub so that more companies file applications in India.
239. CCEA gives approval to proposal for offering improved VRS package
i. The Cabinet Committee on Economic Affairs (CCEA) has given its approval to the proposal for offering an improved Voluntary Retirement Scheme (VRS) package based on 2007 notional pay scales for the employees of Hindustan Vegetable Oils Corporation, HVOC.
ii. The Government assistance will be in the form of non-plan grant of approximately 27.56 crore rupees to the company.
iii. The employees of HVOC have been adversely impacted due to sickness of the company. They are in very old pay scales of 1992. The improved VRS package will give fair amounts of compensation to the employees and help them in their post retirement rehabilitation.
240. Draft National Policy for Women, 2016 unveiled
i. Union Women and Child Development Minister Maneka Gandhi has unveiled 2016 Draft National Policy for Women for comments and consultation.
ii. It will replace National Policy for Empowerment of Women, 2001. It will also guide Government action on Women’s issues over the next 15-20 years.
iii. The drafted policy shifts the focus from entitlements to rights and from empowerment to creating an enabling environment. It seeks to create a society in which women attain their full potential and participate as equal partners in all spheres of life. It also emphasises the role of an effective framework to enable the process of developing policies, programmes and practices which will ensure equal rights and opportunities for women.
241. Five Member Committee to give recommendations on Fiscal Responsibility and Budget Management
i. The Centre has constituted a five Member Committee to comprehensively review and give recommendations on the Fiscal Responsibility and Budget Management, FRBM, roadmap for the future.
ii. The Committee will be headed by former Revenue and Expenditure Secretary N.K. Singh. Other members of the Committee are Sumit Bose, former Finance and Revenue Secretary, Dr. Arvind Subramanian, Chief Economic Adviser, Urijit Patel, Deputy Governor,RBI and Rathin Roy, Director, National Institute Public Finance and Policy, NIPFP.
iii. The Committee will examine the need and feasibility of having a ‘fiscal deficit range’ as the target in place of the existing fixed percentage of GDP and make specific recommendations. It will also examine the need and feasibility of aligning the fiscal expansion or contraction with credit contraction or expansion respectively in the economy and submit its report by 31st of October this year.
242. India successfully test fires its indigenously developed Prithvi-II missile
i. India today successfully test fired its indigenously developed Prithvi-II missile from the Chandipur, off Odisha coast.
ii. The medium range missile is capable of carrying 500 kg to 1000 kg of warheads and is thrusted by liquid propulsion twin engines.
iii. As part of a user trial, the 4,600 kilogram missile with a strike range of 350 kilometer, the surface-to-surface Prithvi-II test was carried out from a mobile launcher from launch complex-3 of the Integrated Test Range at around 09:40 hrs.
243. Odisha to launch Green Passage Scheme for Orphan Students
i. The Odisha government has decided to launch Green Passage scheme for orphan students to ensure that they get free of cost higher education in the state.
ii. A proposal of the higher education department in this regard, was approved by Chief Minister Naveen Patnaik. As per the scheme, orphan students pursuing higher education from Plus-II level to post-graduation level, will no longer have to bear the education expenses.
iii. As many as 16,382 orphan students lodged in 272 institutions across the state, will be exempted of admission fee, tuition fees and laboratory fees for higher studies.
244. Trial run of Delhi Metro's new driverless trains flagged off
i. Union Urban Development Minister Venkaiah Naidu and Delhi Chief Minister Arvind Kejriwal flagged off the trial run of Delhi Metro's new driverless trains.
ii. This train equipped to travel on Unattended Train Operations mode.
iii. The new trains will undergo rigorous trials to ensure that they are ready for smooth operations after the commissioning of the 58-km-long Mukundpur- Shiv Vihar and the 34-km-long Janakpuri (West)- Botanical Garden corridors , by the end of this year, although initially, train operators will run them.
245. World’s first robot lawyer ROSS hired by US law firm BakerHostetler
i. US-based law firm BakerHostetler in May 2016 hired the world’s first robot lawyer ROSS to assist the company and its various teams in legal research.
ii. The law firm will licence artificial lawyer ROSS for use in its Bankruptcy, Restructuring and Creditors’ Rights team.
iii. ROSS has been built by ROSS Intelligence and is built upon IBM cognitive computer Watson. With the support of Watson’s, lawyers can ask ROSS their research question. The ROSS reads through the law, gathers evidence, draws inferences and returns highly relevant, evidence-based answers.
246. 15-year old Indian-American student wins prestigious Intel Foundation Young Scientist Award
i. Syamantak Payra, a 15-year old Indian-American student has won the prestigious Intel Foundation Young Scientist Award for developing a low cost electronic device for people who can not walk well through disease or injury. He tested his prototype on two people partially disabled by polio. His device is both inexpensive and easy to use.
ii. Syamantak Payra, a student at Clear Brook High School in Friendswood, Texas, won the $50,000 award along with 17-year-old Kathy Liu.
iii. The award was given by Intel Corporation and the Society for Science and the Public (SSP) at the 2016 'Intel International Science and Engineering Fair' in Arizona.
247. Barco Appoints Rajiv Bhalla as MD for India
i. The Belgium based company Barco, a global leader in visualization technology like laser projectors, digital cinema projection, video projectors, DLP projectors, Image Processing, LED displays, flat panel displays, LCD and LED video walls etc has announced the appointment of Rajiv Bhalla as managing director for India.
ii. Rajiv is a BE (Electronics) and MBA degree holder with more than 22 years of senior leadership experience in technology organizations like Thomson Consumer Electronics, Microsoft etc and has a deep understanding of the B2B and B2C aspects of the business.
iii. He will take care of formulation and execution of business strategy with the goal of tapping into India's enormous potential and expand Barco's local business presence. He will also be the legal representative of Barco India, fulfilling all legal, regulatory and statutory obligations.
248. Manzil Saini Becomes First Woman SSP Of Lucknow
i. Uttar Pradesh government, appointed Manzil Saini as the new Senior Superintendent of Police (SSP) of state capital Lucknow.
ii. The police officer was earlier posted in Badayun, Muzaffarnagar and Mathura. Since started her career as the police force, the 2005 batch IPS officer has hit headlines. She’s popularly known as Lady Singham.
iii. She launched a crackdown against unauthorized usage of party flags by Samajwadi Party workers in four-wheelers and also penalizing them for bearing tinted windows during her tenure as an SSP in Etawah.
249. IndiGo names Rohit Philip as its new CFO
i. The country’s biggest airline by market share, IndiGo has appointed Rohit Philip as its new Chief Financial Officer (CFO).
ii. He is former senior vice-president of United Airlines. The appointment will be effective July 18. He will replace Pankaj Madan.
iii. Rohit will be joining IndiGo from Xerox Corporation based in Norwalk, USA. Xerox corporation is a leading global document management and business services company where he served as Corporate Vice President & Treasurer. He has also worked as President and Group CFO of Anand Automotive Limited, an auto components supplier in India.
250. Shell India Announces New Head
i. Shell India has announced Nitin Prasad as its new India head from 1st October.
ii. Yasmine Hilton, currently chairman of Shell Companies in India and vice-president for information technology project excellence at parent Royal Dutch Shell, will end her assignment after 37 years of service on September 30.
iii. Prasad is the cluster general manager for lubricants sales and marketing for India, Sri Lanka and Bangladesh. He is an electrical engineer from Georgia Institute of Technology, US, and a management graduate from INSEAD. He took up his current appointment in 2011 as general manager. He has been instrumental in turning around lubricants business in India.
DAILY GK -- MAY 2016 -- 201 TO 250 Reviewed by sambasivan srinivasan on 4:08:00 PM Rating: