1. Infy appoints Seshasayee as Chairman
i. Infosys Limited
announced that the Company’s Board have approved the appointment of R.
Seshasayee as Non-Executive Chairman of the Board with immediate effect.
ii. K.V. Kamath
will be stepping down from his position as Chairman of the Board and as an
Independent Director of the Company, consequent to his nomination as President
of the BRICS New Development Bank.
iii. Mr. Seshasayee
has been an Independent Director on the Company’s Board since January 2011 and
is the chairperson of the Audit Committee. Mr. Seshasayee’s other board
positions include Non-Executive Vice Chairman of Ashok Leyland Ltd. and
Chairman of IndusInd Bank Ltd.
2. Essel, Rajasthan government ink Rs 4k crore pact
for solar parks
i. Essel Group
formed a 50:50 joint venture (JV) with the Rajasthan government to set up solar
parks in the state.
ii. The solar parks
will be set up in Bikaner and Jaisalmer regions with an investment of Rs 4,000
crore.
iii. Solar Park
Project in Rajasthan will be India's turnkey project in the renewable energy
space which will aid the clean energy initiatives of the Government of
Rajasthan.
3. Mahindra business city to be carbon-positive
i. A 'green'
integrated business city pioneered by the Mahindra Group has drawn a road map
of becoming climate positive in 10 years, a distinction which places India on
the world map.
ii. Mahindra World
City Jaipur (MWCJ), spread across 3,000 acres on the Delhi-Mumbai corridor, has
become the first project in Asia — and sixth in the world — to commit to a
carbon-positive road map as part of the C40 Cities Climate Leadership Group.
iii. projected to
reduce 8 lakh tonnes of carbon dioxide (CO2) emissions in about 10 years to
become climate-neutral.
4. Prince Harry knighted
i. Prince Harry was
today knighted by his grandmother the Queen as a sign of her personal esteem.
ii. The fifth in
line to the throne was made a Knight Commander of the Royal Victorian Order in
a private ceremony at Buckingham Palace.
.jpg){kind=link}
iii. The Order was
founded in April 1896 by Queen Victoria as a way of rewarding personal service
to her, on her own initiative rather than by ministerial recommendation and
remains entirely within the Sovereign's personal gift.
5. Snapdeal-Tata Housing sells house worth Rs. 1.1
cr
i. E-commerce firm
Snapdeal and Tata Housing, which have partnered to sell homes online, have
announced their largest transaction worth Rs. 1.1 crore hours after commencing
the sale of premium and luxury apartments.
ii. Snapdeal is
also exploring alliances for providing options such as site visit facilities
and documentation services.
iii. Snapdeal real
estate category has grown 400 per cent in the last six months and currently
comprise a portfolio of residential projects from developers across India
including Tata Value Homes, Tata Housing, DLF, Sobha Developers, Godrej
Properties, Mantri Developers, and Purvankara.