Sanjiv Puri appointed ITC’s New Chairman
May 14, 2019

ITC Group’s present Managing Director (MD) Sanjiv Puri was elevated as new Chairman and Managing Director of company. His appointment comes after noted industry leader and erstwhile ITC Chairman Yogi C. Deveshwar died on 11 May 2019.

Background

•Y C Deveshwar (aged 72) had stepped down from ITC’s executive role in 2017 but remained non-executive chairman of company. He was ITC’s longest serving Chairman and corporate head.

•Later in 2017, as part of succession planning in company, the ITC group split the role of company’s Executive Chairman between Chairman and Chief Executive Officer (CEO). Y C Deveshwar then mentored the executive management led by Sanjiv Puri.

Sanjiv Puri

•He is an alumnus of the Indian Institute of Technology (IIT), Kanpur and Wharton School of Business.

•He joined ITC in 1986.

•Since 2015 he was a director on the board of company.

•In February 2017 he was appointed Chief Executive Officer (CEO), assuming independent charge of executive leadership of ITC.

About ITC

•ITC stands for ‘India Tobacco Company’, is India’s largest cigarette company.

•It was established in 1910 and is headquartered in Kolkata, West Bengal.

•It has diversified presence in various business like Cigarettes, Packaging, Hotels, Agri-Business, Paperboards & Specialty Papers, Packaged Foods & Confectionery, Information Technology, Branded Apparel (Wills), and other FMCG products.


China to host Conference on Dialogue of Asian Civilizations
May 14, 2019

China will be hosting a Conference on Dialogue of Asian Civilizations in Beijing, starting from 15 May to 22 May 2019. During the event an opening ceremony will be held by Chinese President Xi Jinping and six parallel sub forums will be conducted.

Key Highlights

About: Conference on Dialogue of Asian Civilizations (CDAC) is being held on 15 May 2019 in Beijing, China. As part of CDAC, the Chinese Ministry of Education, in collaboration with United Nations Educational, Scientific and Cultural Organization (UNESCO) will be organizing a parallel panel on “Safeguarding the Diversity of Asian Civilizations“.

Aim: It seeks to promote intercultural dialogue in view of building an “Asian Community of Shared Future” which will focus on cultural diversity, exchanges and mutual learning of Asia civilizations. It aims to enhance Asians’ rich cultural lives and contribute to vibrant regional development.

Theme: for CDAC is “exchanges and mutual learning among Asian civilizations and a community with a shared future”. It acknowledges the Asian solutions to benefit its people, Asian wisdom to promote political advancement, and Asian community with a shared future.
Participants: More than 2000 delegates from 47 Asian and other world countries, including heads of state, government officials, and high-level governmental representatives from UNESCO and other international organizations, educational institutions, celebrities, film and television think tanks are invited to attend conference.

Events: Asian civilization week, Asian civilization tours, tourism fairs, Asia cultural carnival and exhibitions, and Asian food festivals will be held on sidelines of CDAC.

Key Discussions: It will have dialogue about sharing experiences on Asian governance and Asian approaches to governance differing from Western one.

Significance:  CDAC provides a platform for interactions between young people, local communities and media and form cooperative network among think tanks. It might boost regional understanding and enhance cooperation between participants. It is also being seen in pursuance of fifth pillar (which is people-to-people exchanges) of China’s ambitious Belt and Road Initiative (BRI).

Background:

•The idea of hosting CDAC was proposed by President Xi Jinping at Conference on Interaction and Confidence Building Measures in Asia (CICA) held in Shanghai, China in 2014.

•Later, at Boao Forum for Asia (BFA) Annual Conference in 2015 conference was initiated by Chinese president Xi Jinping.

•In 2016 also at the BFA, the session “Dialogue of Asian Civilizations” was held and guests from China, Singapore, Pakistan, Iran, and UNESCO participated in dialogues.


US Navy’s Chief of Naval Operations visits India
May 14, 2019

Chief of Naval Operations of US Navy, Admiral John Michael Richardson is on a three day official tour to India. The tour is scheduled from 12 to 14 May 2019 and during his visit he will meet Indian Navy’s Chief of Naval Staff Admiral Sunil Lanba in New Delhi.

Key Highlights

Purpose: Admiral John Richardson visit to India is amid rising Chinese influence in Indo-Pacific region. This is part of US strategy of grouping together with like-minded countries like India, South Korea, Australia and Japan to make sure that each Indo-Pacific nation can protect its sovereignty from coercion. It refers to coercive activities undertaken by China in South China Sea (SCS) which have become a flashpoint for US-China relations in Asia.

Aim: The visit by US Navy Chief is intended to consolidate bilateral naval relations between India and USA and as well as explore new avenues for naval cooperation between two nations.

Discussions: Major issues to be discussed during visit include information exchange, capacity building, operations and exercises, capability enhancement and training interactions.

Significance: The visit emphasizes the importance of information sharing and exchange between two defence partners. This will further strengthen strategic partnership between the Indian Navy and US Navy.

India-US Defence Relation

•India-US ties has seen a significant growth in recent years.

•In 2016, USA accorded India a Major Defence Partner status.

•In September 2018 the inaugural Ministerial 2+2 Dialogue conducted between two nations (India and US), facilitated new avenues for defence cooperation among them.

•Indian Navy and US Navy interact regularly at various bilateral and multilateral forums. They also participate in several maritime exercises like MALABAR and RIMPAC.

•Other than Defence Exercise many Regular Subject Matter Expert exchange also takes place between both navies to establish interoperability in various fields.


Mumbai Indians win Indian Premier League title 2019
May 14, 2019

Mumbai Indians won Indian Premier League title by defeating Chennai Super Kings (CSK) in final at Hyderabad by 1 run.

Highlights

Mumbai Indians defeated Chennai Super Kings by only one run and won IPL 2019 title. This was Mumbai Indians 4th Indian Premier League (IPL) trophy and became first team to do so.

IPL Awards 2019

•David Warner of Sunrisers Hyderabad won Orange Cap for most runs. He scored 692 runs.

•Imran Tahir of Chennai Super Kings (CSK) won Purple Cap for taking most wickets. He was the highest wicket-taker in tournament with 26 wickets. Tahir also became the oldest player to feature in an IPL final and is only 2nd spinner after Pragyan Ojha to win Purple Cap.

•Andre Russell of Kolkata Knight Riders (KKR) was named Most Valuable Player. He scored 510 runs, took 11 wickets and hit the most sixes in 2019 season. He also won the title of Super Striker of the Season for a strike rate of 204.81

•Shubman Gill of KKR was named Emerging Player of the IPL Tournament.

•Sunrisers Hyderabad bagged the Fairplay award of IPL 2019.

•Hardik Pandya of Mumbai Indians (MI) won Fastest Fifty of Season.

•Kieron Pollard of MI won Perfect Catch of the Season.

•Rahul Chahar of MI was named Game Changer of the Season.

•KL Rahul of Kings XI Punjab was named Stylish Player of the Season.

•All the award winners were handed over a cheque of Rs 10 lakh each.

About Indian Premier League (IPL)

•It was founded by Board of Control for Cricket in India (BCCI) in 2008.

•It is a professional Twenty20 (i.e. T20 format) cricket league which is played every year in India during month of March or April and May. In total it has 48 match days and about 60 matches.

•It is contested by eight teams representing eight different cities in India. The participant players are from other countries as well.

•This 2019 season was 12th edition of the IPL.


 
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