Current Affairs Daily Digest – July 17 2020
1. Roshni Nadar Malhotra becomes new chairman of HCL Tech
India’s wealthiest woman, Roshni Nadar Malhotra becomes the new chairman of Noida-based IT company, HCL Technologies. The appointment of non-executive director Roshni Nadar Malhotra to the new role takes effect immediately.
She will replace her father, Shiv Nadar. Shiv Nadar will continue to be HCL Tech’s managing director, with the designation as the chief strategy officer.
2. Pakistan, China sign agreement for “Azad Pattan Hydel Power Project”
Pakistan and China have signed an agreement for the 700 MW Azad Pattan hydel power project on the Jhelum river in Sudhoti district of Pakistan Occupied Kashmir (PoK).
The $1.5-billion project is the second power project under the China Pakistan Economic Corridor (CPEC). The first agreement, for the 1,100 MW Kohala project, was signed on June 23. That project, worth $2.3 billion, too will come upon the Jhelum near Muzaffarabad.
3. World Day for International Justice celebrated on 17th July
World Day for International Justice is observed on 17th July every year. It is observed to recognise the strengthening system of international justice and also to promote the rights of the victims.
17 July every year to mark the importance of the International Criminal Court (ICC) and for the people to pay attention to serious crimes happening around the world.
4. DRDO develops P7 Heavy Drop System for IL 76 aircraft
Defence Research and Development Organisation (DRDO) has developed the P7 Heavy Drop System which is capable of para dropping military stores up to 7-ton weight class from IL 76 aircraft.
The design of this fully indigenous system has been developed by Aerial Delivery Research and Development Establishment (ADRDE), a Research & Development (R&D) lab of DRDO based in Agra, Uttar Pradesh (UP).
5. DCGI approves India’s 1st homemade Pneumonia vaccine
India’s first fully indigenously developed Pneumococcal Polysaccharide Conjugate Vaccine (Pneumonia vaccine) has received the approval from Drug Controller General of India (DCGI). It will be utilized for active immunization against invasive disease and pneumonia caused by “Streptococcus pneumonia” among infants.
Pneumococcal Polysaccharide Conjugate Vaccine (Pneumonia vaccine) has been developed by Serum Institute of India Pvt Ltd, Pune. It is India’s first indigenously developed vaccine in the field of pneumonia. With the DCGI’s approval, Serum Institute of India has been granted permission to manufacture the vaccine domestically.
6. India-Israel sign agreements on Cyber Security
India and Israel signed agreements to expand their collaboration in dealing with cyber threats. The agreement was signed between Director General of Israel’s National Cyber Directorate (INCD) and India’s Ambassador to Israel Sanjeev Singla.
7. India forms “Air Bubble” with US, UK, UAE, Germany and France
The Union Civil Aviation Minister Hardeep Singh Puri announced that India is to resume operation of international commercial flights with France and US.
The Government of India has signed agreements with US, UK, France and countries in UAE. Negotiations with Germany is in its final stages. The Ministry of Civil Aviation has planned to bring down the air travel charges by 25%.
8. SBI Card gets new MD & CEO in Ashwini Kumar Tewari
SBI cards and Payment Services has named Ashwini Kumar Tewari as its new Managing Director and chief executive officer. He was nominated by parent State Bank of India for the position and his appointment will come into effect from August 1, 2020. The new appointment will be valid for two years.
9. Prabhjeet Singh appointed as Uber India & South Asia President
Uber announced the appointment of Prabhjeet Singh as President Uber India and South Asia, tasked with overseeing the next phase of growth in the company’s mobility business and ensuring safety for riders and drivers across India, Sri Lanka and Bangladesh. His appointment is effective immediately.