According to Forbes’ calculations, Bernard Arnault is now the world’s second-richest person. He has overtaken Bill Gates as the second richest person in the world with a fortune of £86billion ($107billion).
He is Chairman & CEO of LVMH Moët Hennessy – Louis Vuitton.
Aditya Birla Payments Bank, a venture between Idea Cellular and Aditya Birla Nuvo, has shut down its operations. The payments bank that was only 18-month old has asked its customers to transfer their balances before July 26.
Aditya Birla Nuvo was granted license by RBI in August 2015.
Life Corporation of India (LIC) will lend as much as ₹25,000 crore to National Highways Authority of India (NHAI) in the ongoing financial year to fund highway projects. NHAI plans to raise ₹75,000 crore from the markets in the 2019-20 financial year.
Chairman of the NHAI- N N Sinha
Assam Power Distribution Company Limited (APDCL) has come up with a single window clearance system for accelerating deployment of Grid Connected Solar Rooftop installations in Assam.
Jagdish Mukhi is the current and 39th Governor of Assam
Former Chinese star Li Na became the first Asian-born player to be inducted into Tennis Hall of Fame along with Mary Pierce of France and Russian Yevgeny Kafelnikov. Li became the 1st Asian to win a Grand Slam tournament, capturing the 2011 French open.
Yevgeny Kafelnikov won a gold medal at the 2000 Olympics.
With the Indian Space Research Organisation (ISRO) identifying and fixing the technical snag that led to the cancellation of the Chandrayaan-2 launch on July 15, lift-off is now fixed for 2:43 pm on July 22.
₹978-crore mission will be India’s second lunar mission
Government reconstituted a GoMs tasked with working out the modalities for sale of Air India. It will be headed by HM Amit Shah including FM Nirmala Sitharaman, commerce & railway minister Piyush Goyal & civil aviation minister Hardeep Singh Puri.
Disinvestment target for 2019-20 - Rs 1.05 lakh crore
President appointed Governors for six states. RN Ravi as Nagaland governor;Jagdeep Dhankhar as West Bengal governor;Anandiben Patel as UP Governor;Lal ji Tandon as M P Governor;Phagu Chauhan as Bihar Governor;Ramesh Bais as governor of Tripura.
UP will get a lady Governor since it’s inception in 1950.
Chinese telecom gear maker ZTE has appointed Yan Xiao as the new deputy chief executive officer of the Indian operations. He will report to India CEO Peng Aiguang. He had been serving the company as the chief executive of Myanmar.
ZTE's president of global sales-Xiao Ming.
Former chief minister of Delhi and senior Congress leader Sheila Dikshit, 81 passed away She was admitted to Fortis Escorts Heart Institute in a critical state due to a cardiac problem. She was the chief minister of Delhi for 15 years.
She became the Governor of Kerala in March 2014.