Current Affairs 5th March, 2015: Kiran Mazumdar Shaw Honored by Federation University of Australia

Current Affairs 5th March, 2015:   Kiran Mazumdar Shaw Honored by Federation University of Australia

Biocon CMD Kiran Mazumdar Shaw Named Ambassador of Federation University Australia

5.3.2015: Biocon CMD Kiran Mazumdar is honored by Federation University Australia by appointing her as an ambassador of the university for three years. A road at the university is also named ‘Majumdar drive.’ This is the first time that an Indian woman is appointed as ambassador. Kiran Majumdar studied in this university in 1975. She also received doctorate from this university in 2004 for here services to bio technology.

Sunil Sabharwal re-nominated IMF Alternate Executive Director

5.3.2015: Indian-American investor Sunil Sabharwal is re-nominated as Alternate Executive Director at IMF. He was nominated by US President Barrack Obama. He was nominated for the post first time in 2014. He was born in 1964 and is a graduate from Ohio State University. He also studied post graduation at London Business School.

Dilip Sanghvi is the New Richest Indian Billionaire

5.3.2015: Sun Pharmaceutical Industries Limited Dilip S Sanghvi is the richest billionaire in India. He over took Mukesh Ambani according to Bloomberg Billionaire Index. Bloomberg Index was initiated in 2012 and since them Mukesh Ambani continued to be in the number one position.  Coming to Sanghvi, he is a business man of first generation. He is a commerce graduate from Kolkata. Bloomberg Billionaire Index gives daily rankings. According to the latest rankings, Sanghvi is in the first place as richest Indian and is followed by Mukesh Ambani.  Azim Premji is in the third position.

Atal Pension Yojna Scheme to be launched from June 1

5.3.2015:  Central government of India is going to launch Atal Pension Yojna scheme from June 1. The scheme was called Swavalamban Yojna during UPA government tenure and NDA government changed the name now as Atal Yojan.  It is informed that laborers between 18 to 40 years are eligible for this scheme. After 60 years of age they will get Rs. 1000 to 5000 pension.

New Bus Service to Kathmandu Launched

5.3.2015: India and Nepal launched a new bus service linking Kathmandu, Varanasi and Kathmandu. This service is to promote religious tourism between the two countries. This service will connect Kashi Vishwanath temple in Varanasi, Pashupathinath temple in Kathmandu which are most important pilgrimage sites for devotees of Shiva. This is the second direct bus service between the two countries. Earlier a bus was launched linking New Delhi and Kathmandu.