Fortune releases annual Businessperson of the Year featuring 20 business leaders “who tackled audacious goals, overcame impossible odds and found creative solutions.” India-born, Microsoft CEO Satya Nadella has occupied the top spot in the 2019 list.
Fortescue Metals Group CEO, Elizabeth Gaines bagged second.
India & Europe 29 nations to cooperate in AI, green energy, IT, pharma & smart cities. India-Europe 29 Business Forum organised by Ministry of External Affairs & CII was held in New Delhi. Central, Northern & East European countries come in Europe 29.
It was the 5th edition of the forum.
Mahinda Rajapaksa will be sworn in as the new Sri Lankan PM after Ranil Wickremsinghe decided to resign from his post to pave way for a caretaker govt. Rajapaksa served as 2-term President. Caretaker cabinet of 15 ministers is also expected to be sworn in.
Current President of Sri Lanka- Gotabaya Rajapksa.
Cabinet approved a MoU between India & Finland for strengthening cooperation in the tourism sector. The two countries will also be sharing experiences in making policies, regulation & standards in planning, implementation & development of tourism policy.
Finland Capital-Helsinki, Currency- Euro.
German development bank KfW has consented to lend Rs 1735 crore to the Andhra Pradesh government for expanding Zero-Budget Natural Farming (ZBNF) in the State. State Govt has drawn up a plan to take up ZBNF in 1725 villages, involving seven lakh farmers.
KfW name originally comes from Kreditanstalt für Wiederaufbau.
ACI Worldwide, a global provider of real-time electronic payment and banking solutions, announced the global strategic collaboration with Microsoft via its MPN to support the payments industry’s rapid adoption of technology deployed in the public cloud.
MPN- Microsoft Partner Network.
PayPal Holdings Inc is to buy privately held shopping & rewards platform Honey Science Corp for USD 4 billion. The deal, for the platform that finds & applies coupon codes on popular sites will add to the PayPal's ability to help merchants deliver offers.
After the deal, Honey will retain its HQ & brand in Los Angeles.
The Union Cabinet gave its nod to strategic disinvestment in Bharat Petroleum Corporation Ltd, Shipping Corporation of India, Container Corporation of India, North Eastern Electric Power Corporation Ltd & Tehri Hydro Development Corporation India Ltd.
Numaligarh Refinery, Assam will be carved out of BPC.
In case of default in repayment of loans beyond 30 days, listed companies will have to disclose the fact of such default within 24 hours. Net worth requirement of portfolio managers has been enhanced from 2 crore to 5 crore amending PM Regulations, 2019.
SEBI Chairman- Ajay Tyagi.
Virat Kohli bagged PETA India's 'Person of the Year for 2019' for his animal advocacy efforts. His efforts to improve conditions for animals include sending a letter to officials calling for the release of Malti, an elephant used for rides at Amer Fort.
PETA- People for the Ethical Treatment of Animals.
UN proclaimed November 21 as World Television Day in 1996 to commemorate the date on which the first World Television Forum was held. The day highlights the major role that television plays in daily life by presenting different issues that affects people.
UN Secretary General- Antonio Guterres.