Steel Authority of India (SAIL) and world’s largest steelmaker, ArcelorMittal signed a MoU to set up an automotive steel manufacturing facility in India. The MoU was signed by ArcelorMittal Chairman & Chief Executive Lakshmi Niwas Mittal and SAIL Chairman CS Verma in London. Under the MoU, the project will be set up through a joint venture involving both parties. Under this project a state-of-the-art cold rolling mill and other downstream finishing facilities will be constructed in India. These facilities will offer technologically advanced steel products to India’s rapidly growing automotive sector. However in the MoU the location and size of the plant is not decided.
By tying up with ArcelorMittal, SAIL will get an advantage in the indigenous production of high-quality automotive steel. It will also broader SAIL’s effort in order to fulfill the high-quality steel requirements of the rapidly growing infrastructure and manufacturing sectors in India.
It should be noted that NRI billionaire Laxmi N Mittal-led ArcelorMittal, is world’s leading steel supplier company to the global automotive sector. It has global market share of approximately 17%. In 2014, the company had shipped over 13 mt steel to automotive customers globally in 2014 with in revenues in excess of US 12 billion dollars.
Parvinder Singh Batth, an Indian-origin Conservative party councillor was chosen as the mayor of United Kingdom’s Wokingham Borough Council. With this, he became the first Sikh to hold the Mayor’s position in UK. He succeeds Councillor UllaKarin Clark for this post and will serve till 2016. Parvinder Singh Batth previously had served as Deputy Mayor of borough of Wokingham in Berkshire in south east England. He was born in Indian state of Punjab in the farmer’s family. Later he had migrated to United Kingdom.
A Vellayan was on 22 May 2015 stepped aside from the chairmanship of the Murugappa Group Corporate Board. He also relinquished the post of Chairman in the Coromandel International Ltd. and the EID Parry India Ltd. Vellayan took this decision in the backdrop of an order issued on 21 May 2015 by the Securities and Exchange Board of India (SEBI) linking A Vellayan to trades by two individuals in shares of Sabero Organics Gujarat Ltd., a company that was acquired by Coromandel International Ltd. (subsidiary of Murugappa Group) in May 2011.
As per the SEBI, A Vellayan passed on unpublished sensitive information related to the acquisition to the traders which amounted to insider trading practices prohibited under the SEBI (Prohibition of Insider Trading) Regulations, 1992.
AIADMK General Secretary J Jayalalithaa was on 23 May 2015 sworn-in as the Chief Minister of Tamil Nadu for fifth time. Along with her, 28 others were sworn in as ministers in her Cabinet. The oath was administered by Tamil Nadu Governor K Rosaiah at the Madras University Centenary Auditorium in Chennai.
She is the 18th Chief Minister of Tamil Nadu and succeeded O Panneerselvam who resigned on 21 May 2015 following her acquittal on 11 May 2015 in the disproportionate assets case by the Karnataka High Court. The court overruled the Bangalore’s special court judgment which found Jayalalithaa guilty. The verdict made her ineligible to occupy the post and subsequently, O Panneerselvam assumed the office on 29 September 2014.
Jayalalithaa had been the Chief Minister for four times during 1991-96, May-September 2001, 2002-2006 and 2011-2014 and she will be in the office till the expiry of the fourteenth State Legislative Assembly in May 2016.
The Appointments Committee of the Cabinet (ACC) on 22 May 2015 gave its nod for appointing G Mohan Kumar as the Secretary of the Ministry of Defence (MoD). The decision was taken by the committee in a meeting chaired by the Prime Minister Narendra Modi.
Mohan Kumar will be in the office for a period of two years and succeeds Radha Krishna Mathur who completes his tenure on 28 May 2015. Kumar, a 1979 batch IAS officer of Odisha cadre, is presently Secretary of the Department of Defence Production in the MoD.
Earlier, he worked as the Secretary in the Ministries of Steel and Commerce and Industry and Additional and Special Secretary in the Ministry of Water Resources, River Development and Ganga Rejuvenation among others.
United Nation Security Council (UNSC) on 23 May 2015 adopted a resolution calling for stronger cooperation among member nations in stemming the illicit transfer and misuse of small arms and light weapons. UNSC resolution comes in wake of underlining suffering caused by small arms and light weapons to civilians. The resolution was passed nine votes favour of it and none against it, while six were abstentions.
Preventing of illicit transfers and sales of weapons and ammunition, including small arms and light weapons, to armed groups and criminal networks that target civilians.
Identified areas: The resolution identifies a wide range of areas for international cooperation which can bolster the recognition it. It includes importance of well-targeted and monitored sanctions regimes, effective reintegration and demobilisation programmes, appropriate UN peacekeeping mandates and security sector reform. The resolution also advocates establishment or strengthening of subregional and regional mechanisms to prevent, combat and eradicate the illicit transfer and misuse of small arms and small arms. The asks member nations to effectively control the production of small arms within their jurisdiction and their export, import, transit or retransfer by laws, rules and administrative procedures.
Two Indian peacekeepers have been chosen posthumously for United Nation’s Dag Hammarskjold Medal. They are Lance Naik Nand Ram and Raju Joseph. Both of them are among the 126 police, military and civilian personnel who have been posthumously awarded a prestigious UN medal. They have been chosen for this award for their courage and sacrifice while serving in UN peacekeeping operations in 2014 and lost their lives as a result of hostile acts, accidents and disease. They will be presented with this medal on May 29, 2015 i.e. on the International Day of United Nations Peacekeepers.
Lance Naik Nand Ram had served with the UN Organization Stabilization Mission in the Democratic Republic of the Congo (MONUSCO). While, Raju Joseph had served in a civilian capacity with the UN Mission in South Sudan (UNMISS). About Dag Hammarskjold Medal Established in December 2000.
Awarded posthumously to members of peacekeeping operations who lost their lives during service with a peacekeeping operation under the operational control and authority of the United Nations. Named after second UN Secretary General and Swedish diplomat Dag Hammarskjold (In office: from 1953 to 1961). Hammarskjold had died in a mysterious plane crash in 1961. He was posthumously awarded Nobel Peace Prize the year he died (exceptional case). In 2014, eight Indian soldiers had posthumously received the medal.
China-based Huawei Technologies Co. Ltd on 20 May 2015 launched LiteOS operating sytem meant for Internet of Things (IoT) based devices. Huewei, a multinational networking and telecommunications equipment and services company, launched the technology at the Huawei Network Congress (HNC) 2015 held in Beijing, China.
The technology is part of the Agile Internet of Things (IoT) solution, which consists of three core components viz., Agile IoT gateway, Agile Controller and LiteOS, developed to augment the digitization of areas such as production, manufacturing and logistics.
IoT refers to a network of internet connected devices which are embedded with electronic sensors and data transmitting technologies. By using the Internet, the data collected by sensors in the IoT devices like cars, power systems and even as small as tooth brushes transmitted to other networked devices and data processing systems. Thus, the information generated by processing the data will be used by the companies and individuals to make better decisions.
As per an estimate, there will be roughly 100 billion IoT based devices in the world by 2025, with 2 million new sensors deployed every hour.
In India, the Department of Electronics and Information Technology (DeitY) released the draft Internet of Things (IoT) policy in November 2014 to develop business opportunities in this emerging technology.
Bilateral naval exercise SIMBEX-15 between India and Singapore commenced on 23 May 2015 in Singapore. It is 3 days exercise which will conclude on May 26, 2015. This edition of naval exercise will give traditional emphasis on anti-submarine warfare (ASW) and more complex maritime exercises. It will involve various facets of naval operations such as air and surface practice firing, air defence, maritime security and search & rescue operations. For this edition of exercise, Indian navy is represented by:
From the Singaporean side, Republic of Singapore Navy (RSN) ship Supreme and submarine Archer along with MPA and fighter aircraft are participating.
Operational interaction between the Indian Navy and Singapore Navy has grown steadily since 1994 after the commencement of ASW training exercises. In 1999, this operational interaction was formalised as an annual bilateral exercise and was christened SIMBEX.
Indian film Masaan has won the prestigious critics prize in the Un Certain Regard category at the 68th Cannes Film Festival after it was premiered on May 20, 2015. The film is directoral debut of Neeraj Ghaywan and a joint production of Manish Mundra, Macassar Productions, Arte France Cinema, Sikhya Entertainment & Phantom Films. It stars Vicky Kaushal, Shweta Tripathi along with Richa Chadda and Sanjay Mishra. The film is a narrative set based in Varanasi and its characters connected with the Ganga. The critic’s prize in the Un Certain Regard category runs parallel to the competition for the main prize, Palme d’Or in the film festival.
Apart from Masaan, Hungarian film Son of Saul by László Nemes has won the critics prize in Official Competition, and Paulina Paulina has won the prize in Parallel Sections. In this edition of festival, Indian film critic Borborah Bitopan from The Assam Tribune was part of the FIPRESCI jury.
Tanishq Abraham, 11-year-old Indian-American child prodigy created a record by graduating from California College with three associate degrees in science, maths and foreign language studies. He is native of Sacramento, California and youngest to graduate from the American River College (ARC), in Sacramento, California. In 2014, he also had created a record by becoming one of the youngest ever in the US to graduate high school.
Earlier in March 2014, he had passed a state exam which had certified him having appropriate academic standards to receive his high school diploma. Tanishq is home-schooled since the age of seven. At the age of four he had joined MENSA, the prominent and oldest high IQ society in the world.
Two strong 6.8 magnitude earthquakes had strike the Solomon Islands in Pacific Ocean on 23 May 2015. The first quake had hit at a depth of 10 km and the second one hit at a shallow depth just 448 kilometres from the capital Honiara. Hawaii-based Pacific Tsunami Warning Center has mentioned that there was no threat of a Pacific-wide tsunami from the tremors caused by this earthquake.
Solomon Islands are part of the Pacific Ring of Fire which is a zone of live tectonic activity known for its frequent earthquakes and volcanic eruptions The Islands had faced a worst earthquake of 8.0-magnitude in 2013 and was hit by a tsunami after it, leaving at least 10 people dead and thousands homeless.
Republic of Ireland on 23 May 2015 became first country in the world to constitutionally legalise same-sex marriage. The referendum on this issue to amend country’s written constitution was passed with a resounding 62.1 per cent ‘Yes’. Off the total voter turnout of 60.5 per cent, 1,201,607 people voted in favour of same-sex marriage, while 734,300 voted against it. Ireland has a written constitution which can only be amended by referendum. With this passage of same-sex marriage referendum, now Irish constitution gives equal status to marriage between two people of the same sex as compared to a marriage between a man and a woman. Now in Ireleand same sex married persons will be recognised as a family and will be entitled to the constitutional protection and their rights.
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