ICICI Bank said it has entered into an agreement with the BSE to buy a stake in its subsidiary INX, located at GIFT City Gujarat. It will buy a 9.9% stake in India International Exchange (INX), a wholly-owned subsidiary of Bombay Stock Exchange (BSE) for nearly Rs.31 crore. The exchange posted a loss of Rs.31 crore in 2018-19 while its total revenue stood at RS.2.25 crore. INX is located at GIFT City in Gujarat.
Telangana recorded 15% Gross State Domestic Product (GSDP) growth for the Financial year ended March 31 , 2019 with Rs.8,66,875 crore. For the year 2018, it stood at Rs. 7,53,804 crore. The capital expenditure for the year was Rs. 47,038 crore and this was the main reason for recording the highest growth rate.
Bengaluru based doctor Hema Divakar received the ‘Global Asian of the Year 2018-19’ Award for women services and contribution towards Women’s Healthcare Ecosystem. Dr. Hema was conferred the award at the Asian Business & Social Forum 2019 under the ‘In Service of the Society and the Nation’ category from UAE’s Trade Promotion Director Mohammed Naser Hamdan A1 Zaabi.
United Nations celebrated May 23 as an International Day to End Obstetric Fistula (IDEOF). In 2003, the United Nations Population Fund (UNPF), formerly known as the United Nations Fund for Population Activities (UNFPA) and its partners had launched a global campaign to End Obstetric Fistula. The theme for 2019 is “Fistula is a human rights violation, end it now”. In 2012, United Nations announced to celebrate May 23 as International Day to End Obstetric Fistula every year starting from 2013.
Ukrainian TV star Volodymyr Zelensky won the presidential election in April 2019 and sworn in as 6th President of Ukraine recently. He succeeded Petro Poroshenko. According to the Central Election Commission, Zelensky won the second round with 73.22% of the votes. He became Ukraine’s youngest post-Soviet President.
YSR Congress Chief Jagan Mohan Reddy sworn in as chief minister of Andhra Pradesh on 30th of May at Vijayawada. Mr Jagan Mohan Reddy announced this following his party achieving inching towards a landslide victory in the legislative elections for Andhra Pradesh Legislative assembly.
Dr. Ankur Patwardhan, a scientist from Pune won second place in ‘German Chemistry Prize’ in an international competition named ‘Elsevier Foundation-ISC3 Green and Sustainable Chemistry Challenge’ during in the 4th Green and Sustainable Chemistry Conference held in Dresden ,Germany.
Sethu FC turned around a first-half deficit to clinch their first ever Indian Women’s League trophy defeating Manipur Police at the Guru Nanak Stadium, in Ludhiana, Punjab. India international had the first clear chance a little after 10 minutes when she received the ball just inside the box and pulled the trigger. However, she scuffed her instep shot and it lacked any sting.
BJP won with an absolute majority: “If the 16th general election in 2014 catapulted the BJP as the primary pole of Indian politics, relegating the Congress to a distant second, 2019 establishes it as the overarching hegemon”.
Asian Development Bank (ADB) signed an agreement with Indian Railway Finance Corporation (IRFC), an entity owned by Government of India (GOI) to provide USD 750 million long-term financing for the Railways Track Electrification Project as part of a broad modernization program to reduce the dependence India’s railway sector on fossil fuels.
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