1) Nikesh Arora resigns as President and COO of SoftBank Group.
- Nikesh Arora resigned as the Representative Director, President and Chief Operating Officer (COO) of SoftBank Group (SBG), a Japanese company.
- Simultaneously, he will also step down from the Chairmanship at Yahoo Japan, a company in which SoftBank has a 36.4 percent stake, as well as the Director of Sprint, an acquisition of SBG.
- Arora will assume an Advisory Role effective 1 July 2016.
About Nikesh Arora
- Arora joined SoftBank Group from Google where he was the Chief Business Officer in September 2014.
- He took the position of Vice Chairman of SBG and CEO of SB Group US, Inc in September 2014.
- In June 2015, he assumed the position of Representative Director and Director of SBG.
- During his tenure, SoftBank invested in a set of growth-stage companies in India such as Snapdeal, Ola, Oyo, Grofers and Housing.com.
- Arora is one of the highest paid corporate executives who took home a pay packet of 135 million US dollars in 2014-15.
2) Olympian Anju Bobby George resigned as president of Kerala Sports Council.
- Olympian Anju Bobby George resigned as President of the Kerala Sports Council.
- The iconic long jumper was the first Indian athlete ever to win a medal in a World Athletics Championships in Paris, resigned after being accused for corruption by the state`s sports minister EP Jayarajan.
- Bobby George was appointed president of the state`s sports council in 2015, by the erstwhile Oommen Chandy government.
About Anju Bobby George
- She won the bronze medal clearing 6.49 m at the 2002 Commonwealth Games at Manchester. She was awarded Arjuna Award.
- She won the Gold medal at the IAAF World Athletics Final in 2005.
- In 2005 World Athletics Final in Monte Carlo, she was upgraded to gold status from silver following the disqualification of Tatyana Kotova of Russia by the International Association of Athletics Federations.
- In 1999 she set the national record for triple jump in the Bangalore Federation Cup and Silver medal at the South Asian Federation Games in Nepal.
3) Aveek Sarkar resigns as Chief Editor of ABP Group of Publications.
- Aveek Sarkar resigned as the Editor-in-Chief of Ananda Bazaar Patrika (ABP) and The Telegraph.
- However, he would continue as the chairman of the group. He is succeeded by Arup Sarkar.
- Moreover, Anirban Bhattacharya was appointed as the Editor of the Ananda Bazaar Patrika and R. Rajagopalan was named as the Editor of The Telegraph.
- Aveek Sarkar will play an advisory role as Editor (Emeritus) and Vice Chairman of the company.
4) M.S. Dhoni becomes brand ambassador of Exide Life Insurance.
- Exide Life Insurance has announced that they have signed India`s ODI and T20 cricket captain Mahendra Singh Dhoni as its brand ambassador.
- The Cricketer will feature in the company’s marketing campaign Lamba saath, bharose Ki baat (Long term relationships build trust). This is his first endorsement deal in the insurance category.
- The company based in Bengaluru is 100% owned by Exide Industries Limited that has achieved total Premium Income of over Rs. 2,000 crore in the financial year 2015-16.
- Mr. Dhoni represents a unique blend of skill, commitment, and stability which are all personality traits that are relevant to the life insurance category.
- The private Life Insurance has commenced its operations in 2001-02 and is headquartered in Bengaluru.
5) Indian-origin lawyer Yasmin Sooka to chair panel on human rights in South Sudan.
- Yasmin Sooka, the South African Indian-origin lawyer and long-time human rights activist, was appointed to chair a UN commission.
- The commission will monitor the human rights situation in South Sudan and make recommendations for their improvement.
- She will serve together with Kenneth Scott from the US and Godfrey Musila of Kenya on the Commission on Human Rights in South Sudan.
- The UN resolved to establish the Commission following calls for investigation into alleged atrocities by both government and rebel forces before an independent South Sudan was carved out of the larger Sudan in 2011.
Tasks for the Commission:
- It will provide guidance to the government of South Sudan on transitional justice, accountability and reconciliation issues.
- It will engage with international and regional mechanisms to promote accountability for human rights violations and abuses.
6) Nestle named Ukf Mark Schneider as CEO.
- Food and Beverage multinational Nestle SA named Ulf Mark Schneider as its next Chief Executive Officer (CEO).
- He is the CEO of Fresenius, a Germany-based healthcare company. He will join Nestle on 1 September 2016 and start as CEO on 1 January 2017.
- He will succeed incumbent CEO Paul Bulcke, who will resign from the position on 31 December 2016.
- Bulcke has been named by Nestle board as its next chairman after incumbent Peter Brabeck-Letmathe retires in 2017.
- Schneider will be the first outsider to run 150-year old Nestlé since 1922, when banker Louis Dapples was appointed to head the company after its only financial loss.
- The appointment of Schneider highlights the increasing importance of health and nutrition for Switzerland-based manufacturer of Maggi noodles and Kit Kat candy bars.
- Schneider appointment will expand the Nestle`s capability to become one of the pre-eminent players in the Nutrition, Health and Wellness sector.
7) U.C. Maheshwari sworn-in as new deputy Lokayukta of Madhya Pradesh.
- U.C. Maheshwari was sworn-in as deputy Lokayukta of Madhya Pradesh, a day after he resigned as a judge of the state High Court.
- State Lokayukta Justice P P Naolekar administered the oath of office to Maheshwari in a ceremony.
- The post of the deputy Lokayukta had been lying vacant for the past two years following retirement of Chandresh Bhushan, a former MP High Court judge.
8) Two women appointed as Shariah High Court judges in Malaysia.
- Two women have been appointed as judges of Malaysia’s Islamic Shariah High Court for the first time in the history of the judiciary of the Muslim-majority country.
- Noor Huda Roslan, and Nenney Shuhaidah Shamsuddin,received their official letters of appointment from Selangor’s Sultan Sharafuddin Idris Shah during a ceremony at the Istana Bukit Kayangan.
9) P.T. Bopanna Gets Gourmand Award for World’s Best Book on Coffee.
- City-based freelance journalist and author P.T. Bopanna’s book ‘The Romance of Indian Coffee’ have been chosen as the world’s best book on coffee at The Gourmand World Awards function at Yantai in China.
- The book, earlier shortlisted for the finals of the ‘Best in the World’ books under the ‘coffee books’ category was picked from the entries of 64 countries.
- `The Romance of Indian Coffee` was published in 2011, and takes a 360-degree view of Indian coffee.