Current Affairs Update – 28th May, 2016

Hello and welcome to exampundit. Here are the important Current Affairs of 28th May, 2016. These are important for the upcoming UIIC AO 2016, SBI PO & Clerk Mains 2016.

Current Affairs at a Glance – 28th May, 2016
  1. ISRO today said it will launch a record 22 satellites in a
    single mission next month
    .
  2. Lakshadweep on 27 May 2016 signed 24×7 Power for All document. It became
    the first Union Territory (UT) to sign the document
    which aims to
    provide each household access to electricity through 24×7 Power supply by 2019.
  3. Seeking to stimulate and enhance
    the strategic research and innovation capabilities of the Indian biotech
    industry, BIRAC,
    a PSU under the Ministry of Science and Technology signed an MoU with Horticulture Innovation Australia for launching
    a joint funding call.
  4. The Indian Coast Guard Ship
    (ICGS) ARUSH
    was commissioned on 26 May 2016 by the Coast Guard Commander (Western Seaboard)
    Additional Director General SPS Basra at Kochi.
  5. Infosys BPO has appointed
    Anantha Radhakrishnan as the Managing
    Director and Chief Executive Officer
    .
  6. Former Union Minister and All India
    Congress Committee (AICC) General Secretary V Narayanasamy will be the new Chief Minister of Puducherry.
  7. Bharti Enterprises founder and
    Chairman Sunil
    Bharti Mittal
    on 27 May 2016
    received 2016 Harvard Business School Alumni Achievement Award.
  8. Pakke Tiger Reserve on 22 May 2016 received the ‘India Biodiversity
    Award 2016’ in one of its four categories in Mumbai
    . The reserve is in
    East Kameng district of Arunachal
    Pradesh
    .
  9. Tech Mahindra will acquire U.K. headquartered Target Group to
    strengthen its presence in the banking and financial services (BFSI) segment in
    the European IT services market.

India –
ISRO to launch record 22 satellites in single mission in June

  • ISRO today said it will launch a
    record 22 satellites in a single mission next month.
  • Speaking on the sidelines of an
    event organised by Federation of Karnataka Chambers of Commerce and Industry
    (FKCCI), he said that of the 22 satellites, three are Indian and the rest all
    commercial.
  • Earlier, Vikram Sarabhai Space
    Centre Director K Sivan had said ISRO’s workhorse Polar rocket PSLV C34 will be
    used for the launch, which will have satellites from US, Canada, Indonesia and
    Germany as co-passengers.
  • The space agency had earlier sent
    ten satellites into orbit in a single mission in 2008.
  • The first in the series of
    experimental flights for Reusable Launch Vehicle-technology development is the
    hypersonic flight experiment (HEX) followed by the landing experiment (LEX),
    return flight experiment (REX) and scramjet propulsion experiment (SPEX).

Lakshadweep became first Union Territory to sign 24×7 Power for All
document

  • Lakshadweep on 27 May 2016 signed
    24×7 Power for All document. It became the first Union Territory (UT) to sign
    the document which aims to provide each household access to electricity through
    24×7 Power supply by 2019.

Key Features of the Document
  • It chalks out a plan to increase
    solar capacity of the region from 2.15 MW to 8.45 MW.
  • The plan also envisions reduction
    of AT & C losses from current level of 21 percent to 6.7 percent till 2019
    by increasing the collection efficiency up to 99 percent.
  • As a part of energy efficiency
    measures, 1 lakh LED bulbs will be distributed by UT administration through
    Energy Efficiency Services Limited (EESL) and Incandescent lamps/CFL bulbs will
    be replaced with LED bulbs under UJALA programme.
  • In addition to that 3000
    conventional street lights will be replaced with LED street lights.

India, Aus sign MoU to enhance R&D capabilities in biotech

  • Seeking to stimulate and enhance
    the strategic research and innovation capabilities of the Indian biotech
    industry, BIRAC, a PSU under the Ministry of Science and Technology signed an
    MoU with Horticulture Innovation Australia for launching a joint funding call.
  • The focus of the call is to
    undertake horticultural research in order to develop and deploy modern tools of
    plant biotechnology to improve crop productivity. The funding commitment from
    BIRAC and Hort Innovation is up to 6 million Australian dollars over a period
    of three years.
  • Horticulture Innovation Australia
    (Hort Innovation) is a not-for-profit, grower-owned Research and Development
    and marketing company for Australia’s horticulture industry.
  • It works collaboratively with
    industry, the Australian government and the nation’s leading research
    institutions to deliver ground-breaking advancements in areas such as
    agri-technology, pest management, trade and industry promotion.

Committee for Evolution of a National Education Policy submits report
to Union HRD Ministry
  • The Committee for the evolution
    of a National Education Policy on 27 May 2016 submitted the report containing
    its recommendations to the Union Ministry of Human Resource Development (HRD).

Key Features of the committee
  • The Committee examined the large
    body of outcome documents, recommendations and suggestions received from the
    various consultations.
  • The Committee also had several
    meetings with various stakeholders and held regional consultations as well as
    undertaken field visits to educational institutions.
  • Union HRD Ministry had undertaken
    a consultation process for framing a New Education Policy (NEP).
  • The process included online,
    grassroots and national level thematic deliberations on 33 themes.

Indian Coast Guard Ship ARUSH Commissioned

  • The Indian Coast Guard Ship
    (ICGS) ARUSH was commissioned on 26 May 2016 by the Coast Guard Commander
    (Western Seaboard) Additional Director General SPS Basra at Kochi.
  • The ship has been named ICGS
    ARUSH that means first ray of sun. ARUSH is the seventeenth ship in the series
    of twenty Fast Patrol Vessels (FPVs), designed and built by M/s Cochin Shipyard
    Limited.

Highlights of the ICGS ARUSH
  • The 50 meter indigenous FPV
    displaces 421 tonnes and can achieve a maximum speed of 33 knots with an
    endurance of 1500 nautical miles at economical speed of 13 knots.
  • It is equipped with
    state-of-the-art weaponry and advanced communication and navigational
    equipment.
  • It makes an ideal platform for
    undertaking multifarious close-coast missions such as surveillance,
    interdiction, search and rescue and medical evacuation.
  • The special features of the ship
    include an Integrated Bridge Management System (IBMS) and Integrated Machinery
    Control System (IMCS).

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Appointments –
Anantha Radhakrishnan is new MD of Infosys BPO

  • Infosys has appointed Anantha
    Radhakrishnan as the Managing Director and Chief Executive Officer of its
    backoffice arm.
  • Prior to this role, Mr
    Radhakrishnan was the Chief Operating Officer (COO) of Infosys BPO managing its
    global operations, according to the company’s website.
  • The company also appointed Anup
    Uppadhayay, the incumbent CEO of Infosys BPO, as the Executive Vice President
    and the Head of Strategic Sales Programmes.
  • He will work with Mohit Joshi who
    is responsible for sales operations and reporting processes, including large
    deal pursuits and top account growth.

Former Union Minister V Narayanasamy next CM of Puducherry

  • Former Union Minister and All India
    Congress Committee (AICC) General Secretary V Narayanasamy will be the new
    Chief Minister of Puducherry.
  • He was elected as the Congress
    Legislature Party leader today and the announcement was made by former Delhi
    Chief Minister SheIla Dikshit and AICC general secretary Mukul Wasnik, after
    holding talks with various representatives at Puducherry today.
  • Puducherry Congress leaders were
    camping at Delhi during the past two days, to meet Sonia Gandhi and Rahul
    Gandhi, as there was infighting on the selection of a candidate for the CM’s
    post.

Awards & Honors –
Sunil Bharti Mittal receives 2016 Harvard Alumni Award

  • Bharti Enterprises founder and
    Chairman Sunil Bharti Mittal on 27 May 2016 received 2016 Harvard Business
    School Alumni Achievement Award.
  • It is the Harvard Business
    School’s highest honour.
  • He is the founder, chairman and
    Group CEO of Bharti Enterprises, which has interests in telecom, financial
    services, retail and agri business.
  • The Group flagship Bharti Airtel,
    with operations in 20 countries across Asia and Africa and has customer base of
    over 275 million.
  • It is India’s largest telecom
    company and world’s third largest mobile operator.
  • He is listed as the eight richest
    person in India by Forbes with a Net worth of 7 billion dollars.

Pakke Tiger Reserve in Arunachal Pradesh bagged India Biodiversity
Award 2016

  • Pakke Tiger Reserve on 22 May
    2016 received the ‘India Biodiversity Award 2016’ in one of its four categories
    in Mumbai. The reserve is in East Kameng district of Arunachal Pradesh.
  • The Hornbill Nest Adoption
    Programme of the Pakke Tiger Reserve was awarded the prize under Conservation
    of threatened species category.
  • Besides this, Hong Niitii, Lower
    Subansiri was awarded under category IV Biodiversity Management Committee (BMC)
    award.

Hornbill Nest Adoption Programme
  • It is a collaboration of
    Ghora-Aabhe Society, Nature Conservation Foundation and the State Forest
    Departments.
  • Under this programme, urban
    citizens contribute money to protect hornbill nests around Pakke Tiger Reserve.

Industry –
Tech Mahindra to acquire U.K.-based Target Group

  • Tech Mahindra will acquire U.K.
    headquartered Target Group to strengthen its presence in the banking and
    financial services (BFSI) segment in the European IT services market, according
    to a top official.
  • The transaction is expected to
    close in  the second quarter of FY17,
    subject to regulatory approvals. The total value of the acquisition is £112
    million (or $164 million or Rs 1,100 crore) and an adjustment for surplus cash
    up to £8 million.
  • Target Group is a provider of
    business process outsourcing and software solutions. Its fintech platform
    manages assets in excess of £24 billion. Tech Mahindra will pay £64 million
    upfront and a deferred consideration of up to £16.28 million in 2017.
  • In addition, the company is also
    rolling over 7.6 per cent equity value into the Target Group, at present worth
    £6.8 million, which will be paid out in 2020 as a second deferred consideration
    depending on the performance of the company during 2017-2019.

Sports –
Para athlete Amit Kumar Saroha wins Gold in 2016 French Open Athletics
Championship
  • Indian para athlete Amit Kumar
    Saroha clinched gold medal in men’s club throw (F-51) at the 2016 French Open
    Athletics Championship in Paris. The event was held on 23 May and 24 May 2016.
  • Saroha’s effort of 26.58 meter
    broke the Asian record which he had himself set at 2015 World Championships in
    Doha.
  • The French Open Athletics
    Championship was part of his preparation for Rio 2016. The athlete has already
    qualified for the 2016 Rio Paralympics.

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This post was last modified on July 19, 2019 2:05 pm