NEWS
Mandolin U. Shrinivas is no more
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The Carnatic music fraternity is in a state of shock over the untimely death of Mandolin U. Shrinivas .
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He was reportedly being treated for liver failure at the Apollo Hospital .
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He had lately received a liver transplant and had recovered, but a lung infection proved fatal.
Obama to nominate Verma to the post of Ambassador to India
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The White House confirmed that U.S. President Barack Obama intends to nominate Richard Rahul Verma to the post of Ambassador to India, said an official .
Business and Economics
BNP Paribas in collaboration with the World Bank
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Financial services firm BNP Paribas, in collaboration with the World Bank, has launched the first equity index-linked green bond that will help raise funds for products seeking to mitigate climate change.
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The 30-stock equity index, to which the ‘World Bank Green Bond’ is linked, comprises companies selected on the basis of their corporate sustainability ratings.
Abhishek Ganguly as new MD , Puma India
Science and Technology
INS Sindhurakshak
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The second Board of Inquiry (BOI) constituted by the Defence Ministry to probe the feasibility of reusing INS Sindhurakshak has recommended decommissioning of the kilo-class submarine.
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The submarine was finally retrieved from the waters in June 2014 and handed over to the Navy. Since then it has been anchored at the Naval Dockyard in south Mumbai.
Sports
Asian Games
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17th Asian Games began with a lovely show of colour, light and vibrant music at the Incheon Asiad Main Stadium.
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Nepal led the athletes’ march, following the Korean alphabetical order, and loud cheers were reserved for Japan, China, Afghanistan and, of course, the host team.
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Each team had been allowed only 130 athletes for the march past but China, a powerhouse in the sporting world, came up with a contingent which was almost double that number or more.
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The Indian team, which had hockey team captain Sardar Singh as its flag-bearer, looked smart with the men in navy blazers and blue trousers while the women wore green sarees with blazers on top.
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