Today's Top Headlines 18-04-2015

Top Headlines 18-04-2015

1. Vishal Sikka appointed as University Advisory Professor at ECNU

i. The East China Normal University (ECNU), one of the prestigious universities in China, announced the appointment of Dr. Vishal Sikka, Chief Executive Officer of Infosys, as Advisory Professor.

ii. Professor Shijun Tong, CCP Secretary of ECNU, formally conferred the Advisory Professorship to Mr Sikka.

iii. East China Normal University, commonly referred to as ECNU, is a comprehensive research university in Shanghai, China. Established in 1951,it is the first national normal university of the People's Republic of China.

2. PM Narendra Modi's visit to Canada generated business worth 1.6 billion dollars

i. Prime Minister Narendra Modi's visit to Canada has generated business worth more than 1.6 billion Canadian dollars, according to official figures released by the Harper government in Toronto.

ii. Sixteen commercial agreements and announcements were made by Canadian and Indian companies and organisations during Prime Minister Modi's visit.

iii. Harper and Modi welcomed the progress made on negotiating a Bilateral Foreign Investment Promotion and Protection Agreement and agreed to intensify discussions to finalise all outstanding issues.

iv. agreement involving Saskatchewan-based Cameco will see the company supply India with over seven million pounds of uranium over the next five years.

3. Two Indians named 2015 Yale World Fellows in US

i. Two Indians are among 16 people named by Yale University as its 2015 World Fellows, the signature global leadership development initiative at the prestigious US institution.

ii. Zeena Johar, SughaVazhvu Healthcare Founder and journalist and author Rahul Pandita are the Indians who are named by the university.

iii. Johar founded SughaVazhvu Healthcare (SVHC) and IKP Centre for Technologies in Public Health (ICTPH) to create a primary- care delivery network through rural clinics.

iv. New Delhi-based Pandita has reported extensively about conflicts in Iraq and Sri Lanka and is known for his reportage on Maoist insurgency in central and eastern India, and on the turmoil in Kashmir.

4. Hinduja brothers win Asian Business Leader of the year award
i. NRI industrialists Hinduja brothers – S P Hinduja and G P Hinduja – have won the Business Leader of the Year 2015 award at the prestigious 5th Asian Awards for their outstanding achievement in the field of business.
ii. Receiving the award, Co-Chairman of the Hinduja Group G P Hinduja said this year his group has been winning one or two award every month and “each award keep us going and put more responsibility on our shoulders to do better.” He received the award from Lord Karan Billimoria.
iii. Bollywood actor Shah Rukh Khan also received an award for outstanding achievement in cinema while Sri Lankan cricketer Kumar Sangakkara, who scored four consecutive centuries in the recent World Cup, won an award for achievement in sports.
iv. The Asian Awards honouring Asian Excellence is founded by businessman Paul Sagoo.

5. SEBI bars 129 entities, suspects money laundering

i. Securities and Exchange Board of India (SEBI) barred Mishka Finance and Trading and 128 other entities from the securities market.

ii.  These entities are estimated to have shown fictitious capital gains to the tune of Rs.254 crore and just 29 of them made unlawful gains to the tune of Rs. 92 crore on an investment of just Rs. 2 crore.

iii. SEBI has suspended trading in nearly 30 listed companies for such violations while action has been taken against more than 500 entities, including promoters and others, for tax evasion of over Rs.3,000 crore.