Daily News

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Roger Federer Wins 10th Swiss Open Crown, Career Title No. 103

Top-seeded Federer, 38, won the Swiss Open for a 10th time, beating 20-year-old Alex de Minaur of Australia, 6-2, 6-2, for his fourth title of 2019 and the 103rd title of his career. Jimmy Connors is the all-time men’s leader with 109 tournament wins.

Did you Know

Dominic Thiem beat Diego Schwartzman to grab Vienna Open title.

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Microsoft beats Amazon to win $10 bn Pentagon cloud computing contract

US government has awarded the much-anticipated $10 billion Cloud contract for Pentagon to Microsoft. Known as the Joint Enterprise Defence Infrastructure (JEDI), it will support Department of Defence business and mission operations.

Did you Know

The expected completion date of the project is October 24, 2029.

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Pranav Mistry appointed as President and CEO of STAR Labs

Computer scientist Pranav Mistry has been appointed as the President and CEO of STAR Labs (Samsung Technology & Advanced Research Labs), an independent entity of Samsung Electronics. He was the global vice president at Samsung Electronics since May 2017.

Did you Know

He is best known for SixthSense, a wearable gestural interface.

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Mahindra to acquire 100% stake in French Peugeot Motocycles

Mahindra Two Wheelers Europe, a subsidiary of Mahindra & Mahindra, will acquire 100 per cent ownership of Peugeot Motocycles (PMTC) to drive future growth in core European markets and expand into new geographies, including select Asian markets.

Did you Know

It acquired 51% equity stake in Peugeot Motorcycles in 2015.

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IRDAI forms panel to vet proposals for innovations

IRDAl has formed an 8-member committee, with IIIT- Bangalore Director S. Sadagopan as the chairperson, to evaluate proposals it has started receiving for implementing innovations in the sector under a regulatory sandbox approach.

Did you Know

lnsurance Regulatory and Development Authority of lndia (IRDAI)

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Tata Sons board okays ₹6,500 cr equity infusion in Tata Motors

Tata Motors Ltd.’s board has approved an equity infusion of ₹6,500 crore from its promoter Tata Sons Pvt. Ltd. Tata Motors will allot ordinary shares and warrants to the promoter in return, subject to shareholder approval.

Did you Know

Tata Motors operating revenue in Q2 FY20- ₹65,432 crore

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An Se-young , Chen Long clinch French Open badminton titles

Korean An Se-young stunned Carolina Marin in an epic final to lift the women's singles title at the French Open badminton tournament. Chinese Chen Long grabbed the men's singles trophy with a 21-19 21-12 win over Indonesia's Jonathan Christie.

Did you Know

Satwik-Chirag lost French Open final, settled for silver.

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Manoj Jain to be new chairman and managing director of GAIL

Public Enterprise Selection Board (PESB) has picked up Manoj Jain who is currently serving as the director (Business Development) at GAIL (India) to be the chairman and MD of India’s biggest natural gas company. He will have term till August 2022.

Did you Know

PESB is under Department of Personnel & Training.

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Indian Railways launches ‘Operation Dhanush’ against ticket touts

Indian Railways’ Central Railway zone conducted ‘Operation Dhanush’ against ticket touts involved in e-ticketing. The operation was carried out in all the five divisions falling under the Central Railway Zone.

Did you Know

Slowest train in India- Metupalayam Ooty Nilgiri passenger train

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World Bank to continue with $ 6 bn annual lending support to India

According to World Bank President David Malpass the multi-lateral funding agency will continue with $ 6 billion lending target for India. Visiting head of the World Bank met Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.

Did you Know

World Bank right now has 97 projects with $ 24 billion committed