PERSONS IN NEWS
A). APPOINTMENTS
YC Modi took charge as Director General of National Investigation Agency
Senior IPS officer Yogesh Chander (YC) Modi took charge as the Director General of the National Investigation Agency (NIA). Modi succeeds Sharad Kumar, who retired on 30 October 2017. Modi is an IPS officer of the 1979 batch of the Haryana cadre.
Vice Admiral Ajit Kumar assumes charge as the Vice Chief of Naval Staff
Vice Admiral Ajit Kumar P, AVSM, VSM has assumed charge as the Vice Chief of Naval Staff (VCNS) from Vice Admiral Karambir Singh AVSM at a formal ceremony held in New Delhi. Vice Admiral Ajit Kumar P, AVSM, VSM is an alumni of the National Defence Academy. The Flag Officer was commissioned in the Indian Navy on 01 Jul 81 and is a specialist in Missiles & Gunnery.
Gangte appointed as the next High Commissioner to the Republic of Zambia
N.J.Gangte has been appointed as the next High Commissioner of India to the Republic of Zambia. He is presently the Joint Secretary in the Ministry of External Affairs. He is expected to take up his assignment shortly.
Raina made ambassador of Ghaziabad
Cricketer Suresh Raina has been appointed as the brand ambassador of the Ghaziabad Municipal Corporation (GMC) and also the brand ambassador of Swachh Bharat Mission.
Alok Kumar Pateria appointed as ADG, CISF
The Appointments Committee of the Cabinet has approved the appointment of Shri Alok Kumar Pateria, IPS as Additional Director General, CISF. He has been appointed on deputation basis for a period up to May 2020.
AMFI Appoints NS Venkatesh as New CEO
NS Venkatesh has been appointed as Chief Executive Officer of the Association of Mutual Funds in India (AMFI). The post was lying vacant after CVR Rajendran stepped down from the position in December 2016. Prior to joining AMFI Mr. Venkatesh was executive director at Lakshmi Vilas Bank.
Shri Ngangom Sarat Singh appointed as member of the JERC for Manipur and Mizoram
Union Minister of State (IC) for Power and New & Renewable Energy, Shri R.K. Singh administered the oath of office and secrecy to Shri Ngangom Sarat Singh, here today, on his appointment as a member of the Joint Electricity Regulatory Commission (JERC) for Manipur and Mizoram. It is a two-member Commission, each member representing the respective participating State.
HSBC appoints Jayant Rikhye as CEO India
The Hongkong and Shanghai Banking Corporation (HSBC) announced the appointment of Jayant Rikhye as the Chief Executive Officer for India. He succeeds Stuart Milne. Mr. Rikhye is currently Head of International, Asia-Pacific, responsible for 11 markets in the region.
Rakesh Asthana appointed CBI Special Director
Gujarat-cadre IPS officer Rakesh Asthana was appointed the special director of the Central Bureau of Investigation (CBI). Asthana, a 1984-batch IPS officer, had been serving in the Central Bureau of Investigation as additional director. He is among eight senior police officers promoted by the Appointments Committee of the Cabinet.
Suresh Sethi is India Post Payments Bank’s MD and CEO
India Post Payments Bank (IPPB) has appointed Suresh Sethi as its Managing Director and Chief Executive Officer. He was the former MD of Vodafone M-Pesa Ltd. Sethi had been selected by the Banks Board Bureau from amongst the top contenders for the post, from both public and private sector banking and fintech professionals. The IPPB has been incorporated as a Public Limited Company under the Department of Posts with 100 per cent Government of India equity.
Govt. appoints ex-IB director as interlocutor
The Centre has decided to start a sustained dialogue in Jammu and Kashmir and added that former Intelligence Bureau (IB) director Dineshwar Sharma will be the representative from the Government of India. Rank of Dineshwar Sharma will be equivalent to that of a Cabinet Secretary. Sharma will initiate the dialogue with the elected representatives of Jammu and Kashmir, political parties, different organisations and public.
Sibi George appointed as the Ambassador of India to Switzerland
Sibi George is an Indian Foreign Service (IFS) officer of 1993 batch. He has also served as deputy chief of mission of Indian embassy in Saudi Arabia. Sibi George will replace Smita Purushottam as the ambassador of India to Switzerland. He is presently serving as Joint Secretary in the Ministry of External Affairs. He would to take up this assignment shortly.
Sunny Verghese appointed as WBCSD from 2018
The World Business Council for Sustainable Development (WBCSD) has appointed NRI businessman Sunny Verghese, co-founder, and CEO of Singapore-based Olam International, as its new chairman from 2018. He succeeds Paul Polman, CEO of Unilever as the Chairman. It is a global network of more than 200 CEOs who are responsible for a combined revenue of more than $ 8.5 trillion and 19 million employees.
Govt appoints MK Gupta, DK Gayen as New Railway Board Members
The government of India has appointed Mahesh Kumar Gupta and D K Gayen as the two new members in the Railway Board. D.K. Gayen, presently posted as General Manager East Central Railway, has been appointed as new Member (Staff) Railway Board and ex officio Secretary to the Government of India. Meanwhile, M K Gupta, presently General Manager, Modern Coach Factory Raibareli has been appointed as new Member(Engineering) Railway Board and ex officio Secretary to the Government of India.
1st Woman to head Saudi sport federation
For the first time, a princess has been named to head a Saudi multi-sports federation. Princess Rima Bandar bin Sultan has become “the first woman to lead a federation” covering sporting activities for men and women. In August 2016, the princess scored another first for women in Saudi Arabia, when she was named by the cabinet to a senior post in the kingdom’s equivalent of a Sports Ministry.
Audrey Azoulay elected as Director General of UNESCO
Former French Culture Minister Audrey Azoulay (45) was elected as new Director General of UNESCO – the UN’s education, science and culture agency. With this, she becomes first Jewish Director of UNESCO. Azoulay defeated Qatar’s Hamad bin Abdulaziz al-Kawari in the final 30-28 vote after she won a runoff with a third finalist from Egypt. She will succeed outgoing Director-General Irina Bokova of Bulgaria.
Mobikwik appoints Rukaiya Rangwala as the business head of its payments gateway
Digital wallet major MobiKwik has appointed former Jabong vice-president Rukaiya Rangwala as the business head of its payments gateway business. Recently, MobiKwik had re-launched Zaakpay as MobiKwik Payment Gateway. Rangwala, a technology and e-commerce industry veteran with over 15 years of experience, has worked across the US, Singapore, Japan and India.
Gautam Bambawale appointed as India’s Ambassador to China
Gautam Bambawale was appointed as India’s new Ambassador to China. Bambawale in an Indian Foreign Service Officer of the 1984 batch. He will succeed Vijay Gokhale. Bambawale is familiar with Mandarin Chinese and has earlier served in Hong Kong and Beijing.
Yuvraj Singh named Laureus’ first Indian ambassador
Flamboyant Indian cricketer Yuvraj Singh has been appointed as Laureus’ first Indian ambassador, joining the host of cricket legends in the Laureus family, including Indian Academy members Sachin Tendulkar, Rahul Dravid and Kapil Dev. The Laureus World Sports Awards is an annual award ceremony honoring remarkable individuals from the world of sports along with the greatest sporting achievements throughout the year.
Anupam Kher appointed as Chairman of FTII
Veteran actor Anupam Kher (62) was appointed as new Chairman of the Film and Television Institute of India (FTII) in Pune. He will succeed Gajendra Chauhan whose tenure ended in March 2017. Earlier he had held post of chairman of the Central Board of Film Certification and the National School of Drama in India. He is currently the chairman at Actor Prepares.
Nisha Desai Biswal appointed as President of US-India Business Council
Nisha Desai Biswal was appointed as the President of the US-India Business Council (USIBC). The US-India Business Council is the premier business advocacy organization that was formed in 1975 at the request of the US and Indian governments. It is the largest bilateral trade association in the United States and has presence in New york, Silicon Valley and New Delhi.
V M Kwatra appointed ambassador to Principality of Monaco
Shri Vinay Mohan Kwatra has been concurrently accredited as the next Ambassador of India to the Principality of Monaco, with residence in Paris. Mr Kwatra is presently Ambassador of India to France.
PNB MetLife appoints Ashish Srivastava as MD & CEO
PNB MetLife India Insurance Company Ltd (PNB MetLife), a life insurer, has appointed Ashish Srivastava as a new Managing Director & Chief Executive Officer of the company. Prior to this elevation, Srivastava was an interim CEO at PNB MetLife. Srivastava joined PNB MetLife in 2013 as the Head of HR for the India business.
Axis Bank acquires Freecharge, appoints Sangram Singh as CEO
The country’s third largest private sector lender Axis Bank has acquired payments wallet Freecharge for Rs. 373 crore in an all-cash deal and appointed Sangram Singh as its CEO. Sangram Singh has been appointed as the CEO of Freecharge Payment Technologies Private Ltd.
Zafar Mahmood Abbasi, Pakistan’s New Navy Chief
Pakistan appointed Vice-Admiral Zafar Mahmood Abbasi as new Chief of Naval Staff. He will replace Admiral Muhammad Zakaullah who will retire on 6 October. President Mamnoon Hussain approved the appointment of Abbasi on the advice of Prime Minister Shahid Khaqan Abbasi. In Pakistan, all services chiefs are appointed by the president at the recommendation of the prime minister who has final say in such appointments.
Soumya Swaminathan appointed as New Deputy Director General at WHO
The World Health Organization (WHO) appointed Soumya Swaminathan one of two Deputy Directors General. This is the first time such a post has been ever created within the organization. The position is also the highest post held by an Indian in the WHO. She is currently the Director General of the Indian Council of Medical Research (ICMR).
Government Names Rajnish Kumar as SBI’s Next Chairman
The Government named Rajnish Kumar as the new chairman of State Bank of India, for a three-year term. Kumar will succeed Arundhati Bhattacharya. At present, Rajnish Kumar is one of the managing directors of SBI. The Banks Board Bureau (BBB) had interviewed four managing directors for the post at the end of June and had recommended a name to the government. The government had extended Bhattacharya’s tenure for a year, with effect from October 7, 2016.
Param Shah appointed as FICCI UK Director
The apex industry body, Federation of Indian Chambers of Commerce and Industry (FICCI) announced the appointment of Param Shah as the new Director for the United Kingdom (UK) operations. Shah will succeed Pratik Dattani whose tenure with FICCI ended recently.
Baishya elected as Chairmen of two sub-committees of IWF
Indian Weightlifting Federation President, Birendra Prasad Baishya has been elected as the chairman of two sub-committees of the International Weightlifting Federation (IWF). Baishya was elected as the chairman of International Weightlifting Federation’s Ethics Commission as well as of Anti-Disciplinary Commission at the world body’s Executive Committee Meeting, which was held at Bucharest, Romania.
B). RESIGNS
Nepal’s ambassador to India resigns
Deep Kumar Upadhyay, Nepal’s ambassador to India has resigned from his position to contest the upcoming parliamentary elections. He handed over his resignation to Deputy Prime Minister and Minister for Foreign Affairs Krishna Bahadur Mahara on 6th October 2017. Upadhyay has filed his nomination for the upcoming parliamentary election from Kapilastu district in western Nepal.
Solicitor-General Ranjit Kumar resigns
Solicitor General Ranjit Kumar, the country’s second-most senior legal officer, has resigned citing personal reasons. The senior advocate was appointed Solicitor General in 2014, soon after the Narendra Modi government came to power at the Centre.
Anup Vikal resigns as CFO of Snapdeal
Anup Vikal has resigned as Snapdeal’s Chief Financial Officer (CFO) and General Counsel. Vikas is likely to join Essar Oil as its Chief Financial Officer. His resignation came two months after e-commerce dealer Snapdeal cancelled its merger talks with online retailer Flipkart.
Arjen Robben announced his retirement from International Football
Netherland’s Football Player Arjen Robben has announced his retirement from international football following the Netherland’s failure to make the 2018 World Cup. Robben scored 37 times and provided 29 assists in 96 appearances, averaging a goal or assist every 112 minutes for his country.
Samsung Electronics CEO Kwon Oh-hyun Resigns
Samsung Electronics chief executive Kwon Oh-hyun has resigned citing an “unprecedented crisis” Mr Kwon is one of three co-chief executives of Samsung Electronics. His resignation comes on the same day the firm forecast record quarterly profits, citing higher memory chip prices.
Nehra confirms his retirement from all forms of cricket on Nov. 1
Veteran Indian pacer Ashish Nehra confirmed that he would be retiring from all forms of cricket after the opening Twenty20 International of the three-match series against New Zealand, which is to be held at the Feroz Shah Kotla in New Delhi on November 1.
Facebook India MD Umang Bedi Resigns
In just over a year of joining Facebook as India MD, Umang Bedi has resigned from his position at the social networking giant. Sandeep Bhushan has been appointed as the interim Managing Director. Facebook had roped in Umang Bedi as its Managing Director, India from Adobe. Prior to joining Facebook, Umang served as Managing Director of the South Asia region at Adobe.
PepsiCo India Chairman and CEO D Shivakumar resigns
PepsiCo India Holdings Pvt. Ltd’s Chairman and Chief Executive officer D. Shivakumar has resigned. He will be joining Aditya Birla Group as president (corporate strategy and business development). Ahmed El Sheikh, currently senior vice-president and general manager for PepsiCo Egypt and Jordan, will succeed Shivakumar as PepsiCo India CEO.
John Hastings retires from Test and ODI Cricket
Australian fast bowler John Hastings has called it quits from Test Match and ODIs, citing recurring injuries as the reason. The 31-year-old wants to solely focus on T20 cricket. He has represented Australia in one test, 29 ODIs and 9 T20Is. In 2016 Hastings was the world’s leading ODI fast bowler after picking up 29 wickets in 15 matches, the equal second-most dismissals alongside South Africa’s Imran Tahir and behind teammate Adam Zampa.
C). DEATHS
Malayalam writer Punathil Kunjabdulla passes away
Renowned Malayalam writer Punathil Kunjabdulla passed away in Kozhikode following a prolonged illness. He was 77. Kunjabdulla is regarded as one of the major figures of modernism in Malayalam literature. He won the Sahitya Akademi award for his novel Smarakasilakal in 1980 and the Kerala Sahithya Akademi award twice for the same novel in 1978 and for Malamukalile Abdulla in 1980.
Queen of Thumri’ Girija Devi passes away at 88
Indian Classical singer Girija Devi, who was the recipient of India’s second highest civilian honour Padma Vibhushan, passed away in Kolkata after suffering from a cardiac arrest. She was 88. She was from the “Benaras Gharana”. Popularly considered as the Queen of Thumri, Devi is survived by a daughter.
Legendary Filmmaker I V Sasi Passes Away
Veteran Malayalam director I V Sasi, best known for his films “Avalude Ravukal” and “Devasuram” died. He was 69. His debut directorial venture was “Ulsavam”, which released in 1975. I V Sasi won the Nargis Dutt Award for Best Feature Film on National Integration in the year 1982 for his movie “Aaroodam”.
Filmmaker and Rani Mukerji’s father Ram Mukherjee passes away
Indian film director and screenwriter in Hindi and Bengali cinema Ram Mukherjee, father of Bollywood star Rani Mukerji has passed away. He was 84. Ram, one of the founders of Filmalaya Studios, had directed films like Hum Hindustani and Leader.
Grandmaster William Lombardy passed away
William James Joseph Lombardy was an American chess grandmaster, writer, teacher, and Catholic priest who passed away at the age of 79. He gave up the game at the height of his career and become a priest. Lombardy led the U.S. Student Team to Gold in the 1960 in World Student Team Championship in Leningrad. He was the only World Junior Champion to win with a perfect score.
Veteran British actor Roy Dotrice passes away
Roy Dotrice, a veteran British actor, died in London. He was 94. Dotrice was known for his role as Leopold Mozart in the Oscar-winning film Amadeus and his many theater and TV roles. He won many accolades throughout his lengthy career including a Tony Award in 2000 for his role in the Broadway revival of A Moon for the Misbegotten.
Poet Punyaslok Dasgupta passes away
Poet Punyaslok Dasgupta, died of kidney ailment at a hospital in Jalpaiguri, West Bengal. He was 66 years old. Dasgupta did not follow any particular poetry style. Some of his important works are ‘Kuashar Bagan’ and ‘Chander Sangeet’. He was widely known for his hospitality. Poets and eminent persons used to often visit his house at Dhupguri area, in West Bengal.
India’s first Olympic swimmer Shamsher Khan passes away
India’s first Olympic swimmer Shamsher Khan has passed away. A forgotten sports hero, he was the first swimmer to represent India in Olympics. He narrowly missed a medal, finishing fourth in 200 meter butterfly and breaststroke events in Melbourne Games.
Richard Wilbur dies at age 96
Richard Wilbur, the Pulitzer Prize-winning poet and translator died. He was 96. He intrigued and delighted generations of readers and theatregoers through his rhyming editions of Moliere. He received numerous literary honors, including the National Book Award and two Pulitzer Prizes, for “Things of This World,” released in 1956, and for “New and Collected Poems,” which came out in 1989.
Historian Satish Chandra Passes Away
Veteran and one of India’s eminent historian Satish Chandra passed away the age of 95. Satish’s important works include Mughal Empire and its downfall. He was also the author of NCERT’s leading history book ‘History of Medieval India’. Chandra has founded JNU’s Centre for Historical Studies. He was also the chairman and vice chairman of the University Grants Commission (UGC) of India during the 1970s.
Noted Journalist Bismoy Kumar Mohanty dies
Noted journalist Bismoy Kumar Mohanty has died following a heart attack at Puri. he was 62. Owner and Editor of Odia daily “Ajikali” published from Balasore, Mohanty was the president of Odisha Small and Medium Newspaper Organisation. He was also associated with a number of social and cultural organisations. His wife Bijay Laxmi Mohanty is also publisher and editor of language daily “Sambad Bahika”.
Purushottam Lal Kaushik passes away
Former Union minister and socialist leader Purushottam Lal Kaushik died due to age-related ailments. He was 87. He had served as tourism and civil aviation minister in the then Prime Minister Morarji Desai’s cabinet during 1977- 1979. He headed the Information and Broadcasting Ministry in the then Prime Minister Charan Singh’s cabinet during July 1979-January 1980.
Filmmaker Kundan Shah passes away
Veteran director Kundan Shah, best known for the dark comedy Jaane Bhi Do Yaaro, passed away at his home, family sources said. He was 69. Shah passed away after suffering a heart attack. He made his directorial debut on television in 1986 with the popular series Nukkad.
D). VISITORS
Bhutan King arrives in New Delhi for four-day visit
King of Bhutan, Jigme Khesar Namgyel Wangchuck, arrived in New Delhi on a four-day visit to India. He is accompanied by his wife, Queen Gyaltsuen Jetsun Pema Wangchuck.
Italy PM Paolo Gentiloni on two-day visit to India
Prime Minister of Italy Paolo Gentiloni arrived in New Delhi on a two day visit to India. The visit is aimed at strengthening the bilateral political and economic relations between the two countries. The last visit of the Italian Prime Minister to India was in February 2007.
Afghan President Ashraf Ghani arrives in India
Afghanistan President Mohammad Ashraf Ghani arrived in New Delhi this morning on one day visit to India. He will meet with President Ram Nath Kovind and have delegation-level talks with Prime Minister Narendra Modi. Both sides will review the entire gamut of multifaceted bilateral strategic partnership. The two countries will discuss the efforts to combat the menace of terrorism. They will also hold consultations and coordinate on furthering the shared objective of promoting peace, security, stability, and prosperity in Afghanistan.
Nirmala Sitharaman left for Philippines to attend ADMM
In her first foreign visit as Defence Minister, Ms. Nirmala Sitharaman left for the Philippines to attend the Southeast Asian Defence Ministers’ Meeting. The two-day ADMM (ASEAN Defence Ministers’ Meeting)-Plus meeting will discuss ways to enhance defense and security cooperation among the member nations. During her three-day stay, Ms. Sitharaman is also likely to hold bilateral talks with her counterparts from a number of countries.
President of India reaches Djibouti
Indian President, Shri Ram Nath Kovind reached Djibouti in the first leg of his state visit to two African countries – Djibouti and Ethiopia. This is President Kovind’s first overseas visit after assuming office. The two leaders engaged in a short round of talks on bilateral relations and themes of common interest to both countries.
E). MISCELLANEOUS
Jeff Bezos replaces Gates as World’s Richest Person with $90.6-bn Fortune
According to Forbes magazine, Jeff Bezos surpassed Bill Gates as the richest person in the world. The fortune of Amazon’s founder reached some $90.6 billion, compared with the $90.1 billion that the online edition of the magazine attributes to Gates. This is not the first time that Bezos has outpaced Gates – it previously happened in July 2017 when Amazon shares hit a historic high, though Gates took back the lead hours later.
Indian origin activist named UK’s most influential black person of the year
Indian origin campaigner Gina Miller was named Uk’s most influential black person of the year. Gina won a legal challenge seeking Parliamentary approval for triggering Brexit. The Supreme Court ruling came in her favour in January 2017.
Virat Kohli overtakes Lionel Messi in Forbes list by $1 Million
According to the list released by Forbes, Virat Kohli ranks ahead of Barcelona superstar Lionel Messi when it comes to brand value. The captain of the Indian cricket has a brand value of $14.5 million which puts him ahead of Messi on the 7th spot in the top 10 list revealed by Forbes. The brand value is an athlete’s earnings (excluding salary and bonus from their sport and all investment income), minus the average income of the top 10 athletes in the same sport. Tennis legend Roger Federer leads the list with a brand value of $37.2m.
Meghalaya Election Department enters Limca Book of Records
The Meghalaya Election Department has entered Limca Book of Records for the formation of the biggest human logo comprising young voters in the state. The logo formation was part of Mission Unite (U and I towards Enrolment) as part of the Special drive to enroll young and left out voters in the age categories of 18 to 21 years held in July at the Jawaharlal Nehru Sports Complex.
Jaipur and Srinagar Airports rated Best Airports in the world
The Jaipur and Srinagar Airport bagged the first and second rank respectively in the category of 2-5 million passengers. 2017 in Airport Service Quality (ASQ)-Airport Council International (ACI) survey. Jaipur won the Best Airport in the World in the traffic volume of 2 to 5 million passengers for the second consecutive year. It had received the award in the same category in 2016 as well.
Gitanjali Rao wins 2017 Young Scientist Challenge for water contamination detection device
Indian-American Gitanjali Rao, 11, was announced the winner of Discovery Education’s 3M Young Scientist Challenge. The sensor-based device detects the quality of water and shares the results to a mobile application via Bluetooth. There are over 5,000 water systems in the US alone with lead contamination issues. Detection and preventive action can help mitigate the problem.
Shastri is World’s Highest Earning Cricket Coach
Ravi Shastri has emerged as the world’s highest earning cricket coach with salary close to 1.17 million dollars per year, according to ESPNCricinfo. Shastri’s remuneration is higher than Lehman ($0.55 million) and Bayliss ($0.52 million) by a huge margin. In fact, the current Indian coach earns less only than what the top players from Australia, England and India take home in a year.
Indian-origin teenager Akshay Ruparelia is UK’s Youngest Millionaire
Indian-origin teenager Akshay Ruparelia has became one of UK’s youngest millionaires at the age of 19. Ruparelia made a fortune by selling houses through his online estate agency business during his school lunch breaks. Ruparelia’s school friends nicknamed him “Alan Sugar” after Baron Sugar, the business tycoon.
Varun Dhawan Youngest Indian Actor to get Statue at Tussauds
Actor Varun Dhawan will get a wax statue at Madame Tussauds Hong Kong, making him the youngest Indian actor to have his statue at the museum. Varun Dhawan had made his acting debut with 2012 romantic comedy Student of the Year and since then, his success rate is 100 percent with all the movies like Humpty Sharma Ki Dulhaniya, Badrinath Ki Dulhaniya and the recent Judwaa 2 entering Rs 100 crore or Rs 200 crore clubs.
New Guinness Record at IISF Chennai 2017
At the second day of the India International Science Festival in Chennai, a new Guinness World Record for the Largest Biology Lesson was created. One thousand forty-nine students participated in the record-breaking session. The World record had students from Class 9 and Class 10. The biology lesson was delivered by Ms Lakhsmi Prabhu from Shri Shankar senior Secondary School.
Donald Trump is Most Followed World Leader on Twitter, PM Modi Third
Donald Trump is the world’s most followed leader on Twitter, while Narendra Modi is the third, according to the latest report by Twiplomacy, a Burson Marsteller research project that tracks the use of Twitter by governments and international organizations. He overtook Pope Francis by a few thousand followers to occupy the first place in Diplomacy’s October report. India’s prime minister Narendra Modi has kept his third place consistently since 2016. Modi’s own account.
Forbes India Rich List 2017: Mukesh Ambani Richest With $38 Billion
Forbes Magazine has released its India Rich List for 2017, with Reliance Industries Limited chairman Mukesh Ambani topping the charts for the 10th consecutive year with a net worth of $38 billion. Mr Ambani is followed by tech czar Azim Premji who jumped two places with the net worth of $19 billion. Ranked third are the Hinduja brothers who added $3.2 billion to their net worth. According to Forbes, the combined net worth of the 100 richest Indians stood at $479 billion, a jump of 26% from $374 billion in 2016. Acharya Balkrishna, CEO of Patanjali Ayurved, figures at No. 19 with net worth of $6.55 billion.
The Top 10 Indian in the List are as follows-
1. Mukesh Ambani-38 ($ Billion) – Reliance Industries
2. Azim Premji-19 ($ Billion) – Wipro
3. Hinduja brothers-18.4 ($ Billion) – Ashok Leyland
4. Lakshmi Mittal-16.5 ($ Billion) – Arcelormittal
5. Pallonji Mistry-16 ($ Billion) – Shapoorji Pallonji Group
6. Godrej family-14.2 ($ Billion) – Godrej Group
7. Shiv Nadar-13.6 ($ Billion) – HCL Technologies
8. Kumar Birla-12.6 ($ Billion) – Aditya Birla Group
9. Dilip Shanghvi-12.1 ($ Billion) – Sun Pharmaceutical Industries
10. Gautam Adani-11 ($ Billion) – Adani Ports & SEZ
Sikh man becomes first minority politician to lead major party in Canada
A 38-year-old Sikh lawyer was elected the leader of Canada’s New Democratic Party, becoming the first non-white politician to head a major political party in the country. Jagmeet Singh, the Ontario provincial lawmaker, was elected on the first ballot to lead the party into the 2019 election against Prime Minister Justin Trudeau’s Liberals.
Read more: Current Affairs October 2017 Study Material | FreeJobAlert.com http://currentaffairs.freejobalert.com/october-2017-current-affairs-study-material/27654/#ixzz5VWpf9fwp
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