Marcos Prado Troyjo, former deputy economy minister of Brazil will replace KV Kamath as the president of the New Development Bank’s, a financial institution to mobilise resources for infrastructure and sustainable development projects in BRICS economies.
Anil Kishora, an Indian, appointed as vice president of the NDB.
On the retirement of Veteran Banker Kalpana Morparia, Chairman, South and South-East Asia at JP Morgan, Leo Puri was appointed to succeed her position. Puri is the former MD of UTI Asset Management Company. Murli Maiya to be CEO South and South-East Asia.
JP Morgan Chase is the sixth-largest bank in the world.
GE Power India Ltd (GEPIL), formerly known as Alstom India, has designated Mahesh Shrikrishna Palashikar as its Additional Director and Non-Executive Chairman. Palashikar was the President and CEO of GE South Asia. He succeeded Vishal Keerti Wanchoo.
Vijay Sharma appointed as Additional & Whole-time Director.
Senior IAS officer Vishwas Mehta has been appointed as the new chief secretary of Kerala. Dr Mehta, who's now Additional Chief Secretary (Home), will assume office on June 1. The incumbent chief secretary Tom Jose is set to retire on May 31.
He has also served as MILMA Managing Director.
Kerala Police gets its first woman Director General, R. Sreelekha and will head Kerala Fire and Rescue Services. Presently an Additional Director General of Police, she heads the Jail Department. She became the first woman Superintendent of Police in 1991.
Centre allows only four DGPs for Kerala.
FM Nirmala Sitharaman attended the Special Board of Governors meeting of the New Development Bank. She commended the contribution of NDB in funding infrastructure development, which helped the development agenda of member countries, including India.
New Development Bank is headquartered in Shanghai, China.
Taiwan President Tsai Ing-wen took the oath for her second four-year term, buoyed by popularity as the country continues its successful response to the pandemic. She pledged to engage in dialogue with Beijing provided it respects Taiwan’s sovereignty.
Taipei, the capital of Taiwan is the largest city of Taiwan.
The first app using Google and Apple's contact-tracing was launched in Switzerland. "SwissCovid" app is now available to members of army, hospital workers & civil servants. It uses Bluetooth signals to keep a record of other phones the user has been near.
World’s Largest Contact Tracing App: Aarogya Setu.
Karnataka govt to soon launch project to maintain the health database of all its citizens undertaking a survey of all 6.5 Crore people. A first of its kind initiative State Health Register will be robust and standardized health repository of all citizens.
This project to be implemented first in Chikkaballapur district.
Director of Animal, Sheep Husbandry and Fisheries Dr Mohammad Raza inaugurated the first Solar Lift Irrigation Plant of Kargil with five KW Solar Plant and three HP Submersible Pump at Yak Breeding Farm, Bodh Kharboo.
This is to help the problem of shortage of water and irrigation.
Tamil Nadu signed 17 memorandums of understanding (MoUs) worth Rs 15,128 crore to generate 47,150 jobs in the state. Daimler India, Salcomp and other companies would invest over Rs 15000 crore. The Government also signed MoUs for renewable energy projects.
Mahindra Origins will be investing Rs 46 crore.
Researchers at the IIT Madras, along with the University of North Texas and US Army Research Laboratory, have developed a magnesium alloy with significantly improved properties, that can replace steel and aluminium in automotive and aerospace components.
This could help lower the carbon footprint of vehicles.
Central Institute of Plastics Engineering and Technology under the Ministry of Chemicals and Fertilizers will take up Research and Development initiatives in the areas of Health Care, like Manufacturing and Certifying PPE to deal with COVID-19 pandemic.
It has also expanded its capacity to test food grain packaging.
Flipkart and Karnataka State Mango Department and Marketing Corporation signed a memorandum of understanding, enabling mango farmers to sell their fresh produce online through the Flipkart platform. The farmers would be provided market access to consumers.
Consumers can place orders on Flipkart for varieties of mangoes.
Board of BEML has approved the MoU with MELCO for a Joint Venture with BEML, for manufacture of certain propulsion systems and other railway electrical equipment utilized for Electric Multiple Units for Indian Metro Rail Projects, Indian Railway Projects.
Chairman & Managing Director of BEML : D K Hota.
National Company Law Tribunal has allowed the debt-ridden IL&FS to sell its 50 per cent stake in the Gujarat International Finance Tec-City, India’s first operational smart city, to the Gujarat government for an aggregate consideration of Rs 32.70 crore.
GIFT City is India's international financial services centre.
Renowned Urdu writer and satirist Mujtaba Hussain, who had returned the Padma Shri award to the union government last year, passed away. Hussain was awarded the Padma Shri, the fourth highest civilian award, in 2007 for his contribution to Urdu literature.
He started writing in 1961 and had authored about 30 books.
Former Tamil Nadu footballer and coach R. Shanmugam passed away aged 77. He attended the FIFA Coca Cola coaching course in 1978 & '91, and the Olympic solidarity course in 1996. He has coached ICF, Tamil Nadu and Indian Railways for the Santosh trophy.
He served as President of Football Coach Associations in Chennai
Stanley Ho, the Hong Kong tycoon credited with turning Macau into world's gambling capital, has passed away. Ho, one of Asia's richest men, was known as the "king of gambling". He was the head of the world's most lucrative gaming businesses, SJM Holdings.
Ho dominated the casino business in Macau.
Ola Electric Mobility Pvt Ltd, electric vehicle arm of Ola acquired Amsterdam-based Etergo BV, manufacturer of electric scooters. With this acquisition, Ola Electric will enter the premium electric two-wheeler market and manufacture these scooters.
Bhavish Aggarwal - Founder and chairman of Ola Electric.
International Day of Action for Women’s Health (or International Women’s Health Day) has been observed every year on May 28 since 1987. The main agenda is to promote the sexual and reproductive health and rights (SRHR) of all women all over the world.
Coordinated by Women’s Global Network for Reproductive Rights.
World Menstrual Hygiene Day is observed on May 28. The main idea behind marking this day is to change the social stigma associated with menstruation. This day was initiated by the German non-profit WASH United in 2013 and was first celebrated in 2014.
The theme for 2020: ‘Periods in Pandemic’.