February 1 to 4 Current Affairs


International



Jhalanath Khanal elected Nepal's PM

Chairman of the Communist Party of Nepal (Unified Marxist Leninist), Jhalanath Khanal, secured the support of 368 MPs in the House of 601 to become the 34th Prime Minister


Google to give $5 million grant to Bharti Foundation

Google said it would provide assistance worth $5 million to upgrade and support 50 Satya Elementary Schools being run by the Bharti Foundation, the philanthropic arm of Bharti Enterprises, in Punjab, Haryana, Rajasthan and Uttar Pradesh.



Plan for World Trade Center in Kochi

Time is perfect for World Trade Centers (WTCs) to come up in India, with Kochi taking the lead, according to Kofi A. Boateng, Chief Operating Officer of World Trade Centers' Association (WTCA).



National


Montek launches website on XII Plan

The Planning Commission launched a dedicated website http://www.12thplan.gov.in/  to elicit suggestions and views of the people for formulating the XII Plan (2012-2017).



MGNREGS to get biometric database

The Centre proposes to create a biometric database of all workers covered under the Mahatma Gandhi National Rural Employment Guarantee Scheme. It will be used to authenticate work applications, work-site attendance and wage payments, Prime Minister Manmohan Singh said.


Mahindra Satyam gets CMMI Level 5

Mahindra Satyam announced that its development centres in Bangalore, Chennai and Pune were assessed at Level 5 for the CMMI Version 1.2-Development model by KPMG


IIM-A ranked 11 among global business schools

The Indian Institute of Management, Ahmedabad, has been placed 11th in The Financial Times Global MBA Ranking of the world's top 100 business schools in 2011.


India donates $250,000 for anti-slavery memorial

India, the largest donor towards the setting up of an anti-slavery memorial. Its contribution of $250,000 was towards the Trust Fund for the Permanent Memorial to honour the Victims of Slavery and the Transatlantic Slave Trade.



Business


Birla Carbon to acquire Columbian Chem for $875 m


The Aditya Birla Group has moved a step closer to its stated intention of being a significant global player in its major businesses of cement, aluminium and carbon black when it announced  that it entered into a definitive agreement to acquire Atlanta-based Columbian Chemicals Company (CCC) from One Equity Partners, the merchant banking arm of J. P. Morgan Chase & Co for a consideration of $875 million.



Vijaya Bank and Bajaj Allianz sign MoU

Vijaya Bank has signed a memorandum of understanding with Bajaj Allianz Life Insurance to cover the bank's borrowers under a group life insurance plan.


Ranbaxy MoU with Yaroslavl Region

Ranbaxy Laboratories announced that it had entered into a memorandum of understanding with the Yaroslavl Region Government in Russia for cooperation in healthcare and medical science.



IMF lends $216.6 m to Sri Lanka

The International Monetary Fund (IMF) will lend Sri Lanka about $216.6 million following the completion of a review of the country's economy.

The IMF completed the fifth review of Sri Lanka's economic performance under a programme supported by a Stand-By Arrangement. The completion of the review enables the immediate disbursement of the loan bringing total disbursements under the arrangement to $1.516 billion



Persons


Wajahat Habibullah to head minorities commission

India's first Chief Information Commissioner Wajahat Habibullah is the next chairperson of the National Commission for Minorities (NCM).



Awards


‘International Gold Star Millennium Award

D. Mohan Reddy, Chairman of Yogananda Institute of Technology and Science (YITS), Tirupati, has received the ‘International Gold Star Millennium Award' and the ‘International Kohinoor Award' at the global conference on ‘Indo-Thai Friendship and Economic Cooperation' held at Bangkok.


CII Environmental Best Practices Award-2011

Zinc Smelter Visakhapatnam (ZSV) of Hindustan Zinc Ltd. has added one more feather to its cap by winning the coveted ‘CII Environmental Best Practices Award-2011' in the category of ‘Innovative environmental project' of CII - Sohrabji Godrej Green Business Centre, Hyderabad, a division of Confederation of Indian Industry (CII).


United India gets Skoch award 2010

G. Srinivasan (left),Chairman and Managing Director, United India Insurance Company, receiving the Skoch Financial Inclusion Award 2010 from K. C. Chakrabarty, Deputy Governor, Reserve Bank of India.



Science and Technology


UAV Nishant trials successful: DRDO

Indigenous Unmanned Aerial Vehicle (UAV) Nishant has successfully completed a series of confirmatory trials conducted by the Army at Chandan Range Pokharan, the Defence Research Development Organisation (DRDO).


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