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12 May 2014

Current Affairs : 5th May 2014

New President of IESA is MN VidyashankarGK
New President of IESA (India Electronics and Semiconductor Association) is MN Vidyashankar. IESA is the trade body representing Indian Electronic System Design and Manufacturing (ESDM) Industry. Earlier he acted as Principal Secretary Department of IT, BT & Science & Technology Government of Karnataka. He also acted as Additional Chief Secretary Department of Commerce & Industry.
New Prime Minister of Libya is Ahmed Maiteeg
05.05.2014: New Prime Minister of Libya is Ahmed Maiteeg. He is a businessman. He received 121 votes in Parliament out of 200 members. Ahmed studied economics in London.
Kiloskar Plant Brothers Ltd Entered into Limca Records for assembling Pumps
For the assembling pumps in a record Time of 17.25 Seconds, Kiloskar Plant Brothers Ltd Entered into Limca Records. Women are operating this plant entirely. Company manufactures different model pumps. 65 Women engaged in the company.
Senior VP and Head Strategy, Ankush Arora, Quits Tata Motors
Senior VP and Head Strategy, Ankush Arora, Quits Tata Motors. He is acting as Senior VP Commercial of the Passenger Vehicle Business Unit.
UAE Bank launched Speed money transfer service system to other banks
Direct Remit Service Launched in India by Emirates NBD. It is UAE Bank. Main aim to launch this service is to transfer money quickly to other banks in India. NRI customer can remit money to any HDFC account in India in just 60 seconds.
Minority Shareholders do not Voice Vote at Annual General Meetings
In the listed companies Minority Shareholders do not Voice Vote at Annual General Meetings as per the SEBI new rule. This rule was changed as a part of the new company rules.
India Imposing Safeguard Duties on some cheap imports
05.05.2014: India Imposing Safeguard Duties on some cheap imports from Chinese Taipei, Russia, Japan, US and European Union. Main intension to impose these duties is to protect Indian industries from cheaper imports.
Rajinikanth, opened account in Twitter
05.05.214: Superstar Rajinikant now on the Social Media. He opened account in Twitter. Every Minute thousands of visitors are visiting the site as he is having millions of fans across the world. His account name is Salutation to the Lord.

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