Tuesday, 10 November 2015

**Top Headlines - 10.11.2015**

1. Nigeria won 2015 FIFA U-17 World Cup- Nigeria won the 2015 FIFA U-17 World Cup that was held across 8 cities in Chile since 17 October 2015. In the finals Nigeria  defeated Mali by 2-0. Oshimhen and Bamgboye scored the goals for Nigeria at the 56th and 59th minute respectively.

2. Jet Airways to acquire 75 Boeing 737 Max 8 Planes - India's second-biggest airline by market share "Jet Airways" has made an announcement to buy 75 Boeing 737 Max 8 planes which is considered to be single biggest order by volume till date. Jet Airways will be the first airline in India to take delivery of the 737 MAX planes. Jet Airways has ordered 160-seater planes costing USD110 million each amounting a total of USD 8.2 billion at Jet's order volume. The order includes conversions of 25 Next-Generation (NG) 737s to 737 MAX 8s, as well as options and purchase rights for an additional 50 aircraft. Deliveries of the planes will begin from 2018, a year after the airline starts taking Boeing 787-9 Dreamliners. All the planes will be financed through sale and leaseback. Jet currently has a fleet of 115 planes. This is the second big order by an Indian carrier this year. In August, Jet's bigger rival IndiGo announced an order for 250 Airbus A320 Neo planes at a total list price value of USD 26.5 billion. 

3. Santoor maestro Pt. Shiv Kumar Sharma honoured with Kala Shikhar award - Santoor maestro Pandit Shiv Kumar Sharma has been awarded with the Aditya Vikram Birla Kala Shikhar Award for lifetime achievement. Maharashtra Governor C Vidyasagar Rao presented the award to 77-year-old Sharma here last evening. Maharashtra Governor  also presented the Kala Kiran Awards to Murad Ali Khan (Sarangi), Satyajit Talwalkar (Tabla) and Special Jury Award to Sanjeev and Ashwani Shankar (both Shehnai). Noted personalities like Lata Mangeshkar, Pt Bhimsen Joshi, Pt Jasraj, Guru Kelucharan Mohapatra, Pt Ram Narayan, MF Hussain, Habib Tanvir, Gangubai Hangal and Dr Girija Devi are some of the past recipients of the award. The Sangit Kala Kendra was founded by late industrialist Aditya Vikram Birla in 1973 to encourage and nurture the various visual and performing arts. The awards were instituted in 1996.

4. SBI’s Chairperson  Arundhati Bhattacharya remains the most powerful businesswomen in India - Chairperson of country's largest bank SBI, Arundhati Bhattacharya remains the most powerful woman in the Indian business sector, according to Fortune India. ICICI Bank's Chanda Kochhar and Shikha Sharma of Axis Bank follow Bhattacharya at the second and third place, respectively. All the top-five rank holders retained their positions from the previous year barring Jayanthi who was at seventh position last year. HPCL chairperson and managing director (MD) Nishi Vasudeva has bagged the fourth position, while AZB & Partners Co-Founder Zia Mody and Aruna Jayanthi chief executive of Capgemini India shared the fifth rank. Meena Ganesh MD and CEO at Portea and Jyoti Deshpande Group MD and CEO at Eros International have made their debuts at 43rd and 50th positions, respectively. The other women who figure in the top 10 are Preetha Reddy MD Apollo Hospital Enterprise (seventh), Mallika Srinivasan CEO of TAFE (eighth), Yasmin Hilton Chairperson Shell India (ninth), and Chitra Rama Krishna MD and CEO at NSE (tenth). These powerful women represent various sectors such as banking, finance, energy, healthcare, media, fashion and entertainment. These women are in the age group of 40 to 71.

5. Boeing, Tata form JV to make aerostructures - American aircraft manufacturer Boeing and the Hyderabad-based Tata Advanced Systems Ltd (TASL) aerospace and defence arm of the USD 100-billion Tata Group, have formed joint venture to manufacture aerostructures, and collaborate on integrated development opportunities in India. Aerostructures are components of an aircraft’s airframe, including the fuselage, wings or flight control surfaces. The JV will create a manufacturing centre of excellence to produce aerostructures for the AH-64 Apache helicopter and to compete for additional manufacturing work packages across Boeing platforms, both commercial and defence. Boeing and Tata Advanced Systems intend to grow the JV partnership in the future, with a focus on opportunities to collaborate on development and selling of integrated systems. In September, India had signed contracts with Boeing for purchase of 22 Apache and 15 Chinook helicopters, in a deal to be executed over four years and valued about USD 3 billion.

6. India Inks USD 273 Mn Loan Pact With ADB for Funding Rural Roads - Union Government has signed a USD 273 million loan agreement with the Asian Development Bank (ADB) to improve rural roads in Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal. The loan constitutes the third tranche, which is also the last tranche of the $800 million financing facility under the Rural Connectivity Investment Programme. The loan will help in constructing over 6,000 kilometers of all-weather rural roads in the aforesaid five states, benefiting over 4,200 rural habitation. This loan will be used to make further investments as well as supporting improved road design, road safety and asset management measures, and training, with women actively involved in all aspects. Joint Secretary in Department of Economic Affairs S Selvakumar signed the loan agreement on behalf of government while Teresa Kho, Country Director signed for ADB.

7. Sekhar Basu appointed as chairman of Atomic Energy Commission.
8. The book titled as ‘What Happened to Netaji?’ written by Anuj Dhar, released on 31st October 2015. Anuj Dhar is famous former Journalist.
9. Shashank Manohar appointed as Chairman of International Cricket Council as N. Srinivasan removed on 09th November 2015 while Rajeev Shukla retained as Chairman of IPL.
10. Kerala Government launched Operation Valsalya to track missing children.

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