LAKSH Career Academy

LAKSH Career Academy
Author: Hiren Dave

Friday, 30 May 2014

30 MAY 2014: New target for Indo- US trade set @ $500billion

Ø  Prime Minister Narendra Modi resigned from the Vadodara Lok Sabha constituency in Gujarat after choosing to retain the Varanasi seat in Uttar Pradesh. The Samajwadi Party leader, Mulayam Singh Yadav, decided to retain Azamgarh and quit from his traditional stronghold of Mainpuri.
Ø  A nondescript village Bapulapadu near Hanuman Junction could be the location for construction of Cyberabad of Seemandhra, according to sources in the TDP and the IT industry.
Ø  External Affairs Minister Sushma Swaraj held discussions with United States Secretary of State John Kerry on the two countries’ shared commitment to boost trade and economic ties to $500 billion. This was Ms. Swaraj’s first telephone conversation with a foreign counterpart after assuming charge.
Ø  PISAT, a small, 6-kilo satellite spearheaded by PES University, Bangalore, and sponsored by four engineering colleges from Tamil Nadu and Kerala is the latest university-driven spacecraft to queue up for launch into space.
Ø  Reliance Industries Limited (RIL) will take control of popular television news channels CNN-IBN, IBN7, CNBC-TV18, Lokmat, and an entire clutch of ETV channels with a massive infusion of Rs 4000 crore into Network 18 Media and TV18 Broadcast Ltd.  A Reliance press statement said the media acquisition, through its Independent Media Trust, would result in IMT having an ownership of 78 per cent in Network18 and nine per cent in TV18.
Ranjit Kumar

Ø  Senior advocate Ranjit Kumar will be the next Solicitor General and succeed Mohan Parasaran, who has resigned following the change of government at the Centre.

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