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Miguel Díaz to lead Cuban Communist Party
- Miguel Díaz-Canel will succeed Raúl Castro as the Cuban Communist Party’s first secretary, the most powerful position on the island.
- He is the first person without the surname Castro to run Cuba since the 1959 revolution.
- Raúl Castro had recently announced that he would step down from the key position of the party.
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Tech Mahindra acquires DigitalOnUs
- Tech Mahindra has acquired DigitalOnUS, a hybrid cloud and DevOps services provider, for $120 million, to augment hybrid-cloud offerings for enterprise customers globally.
- Tech Mahindra has acquired a 100 percent stake in the organization to strengthen cloud-native development.
- DigitalOnUs is headquartered in San Jose, the US, and has more than 380 employees.
Serum to get ₹3,000 crore grant
- The government is set to accept the Serum Institute of India’s (SII’s) request for a ₹3,000 crore grant.
- SII will use it to boost its capacity to make the AstraZeneca covid-19 vaccine.
- SII, the world’s biggest vaccine maker, sought the funds to increase its monthly capacity to more than 100 million doses by the end of May 2021, from up to 70 million currently.
India to waive import duty on Covid vaccines
- India will waive its 10% customs duty on imported COVID-19 vaccines, as it is trying to boost supplies to counter a dramatic surge in coronavirus cases.
- Imports of Russia’s Sputnik V vaccine are due to arrive soon and the government has also urged Pfizer, Moderna, and Johnson and Johnson to sell their products to India.
Puma signs deal with Washington Sundar
- The Indian arm of Puma has signed a long-term partnership deal with two upcoming players, Washington Sundar and Devdutt Padikkal.
- The duo joins Puma’s roster of cricketers that include Indian captain Virat Kohli; wicketkeeper-batsman KL Rahul; women‘s national cricketer, Sushma Verma, and Yuvraj Singh.
- Sundar and Padikkal are currently part of the IPL team, Royal Challengers Bangalore.
Apurva Dalal: Dir. of engineering Twitter
- Twitter has appointed Apurva Dalal as Director of engineering.
- He comes from ride-hailing app Uber where he was the engineering site lead based out of Bengaluru.
- He will be the senior-most member of Twitter’s engineering team in the country
- Dalal comes with over two decades of engineering experience spanning global organizations such as Uber, Google, and eBay.
Australia, New Zealand ‘travel bubble’ begins
- A two-way travel bubble between Australia and New Zealand opened on 19 Apr’21, allowing passengers to move quarantine-free between both countries since the pandemic began.
- Under the new rules, passengers won’t be allowed to travel if they had a positive Covid test in the previous 14 days or present flu-like symptoms.
- Passengers must also have spent 14 days before departure in either Australia or NZ.
Citigroup to open an investment bank in China
- Citigroup Inc. is planning to set up new investment banking and trading operations in China within the next 18 months.
- The move comes after Citigroup on 15 Apr’21 announced its exit from its consumer franchises in 13 markets across the 2 regions including India and China.
- Citi will also plan to set up local underwriting, sales, and trading, and futures trading businesses by the end of June 2021.
GOJEK co-CEO to head app giant GoTo
- GOJEK co-chief executive officer Andre Soelistyo will head the Indonesian app giant company GoTo.
- GoTo will be created after Gojek’s merger with Tokopedia.
- Gojek’s shareholders will have 58 percent shares and Tokopedia’s owners will have the rest of the shares of GoTo.
- GoTo will have 3 business units as ride-hailing provider Gojek, e-commerce arm Tokopedia, and payments and financial services.
Manufacturers can sell the vaccine in an open market
- Vaccine manufacturers would supply 50% of their monthly Central Drugs Laboratory released COVID-19 doses to the Government of India.
- The rest 50% doses can be sold to state governments and be made available in the open market.
- Manufacturers would make an advance declaration of the price for 50% supply to state governments and in open markets before 1 May 2021.
Amit Jain: Chairperson of MMA’s India board
- MMA, formerly Mobile Marketing Association, has announced the appointment of L’Oréal India’s Managing Director Amit Jain as Chairperson of its India Board of Directors.
- Jain succeeds Priya Nair, Executive Director, beauty and personal care, Hindustan Unilever Ltd, who will now move into a new role as Chair Emeritus of MMA India.
Mirae launches India’s first NYSE FANG+ Funds
- Mirae Asset Investment Managers India has announced the launch of two FANG+ funds – ‘Mirae Asset NYSE FANG+ ETF’ and ‘Mirae Asset NYSE FANG+ ETF Fund of Fund’,
- Mirae Asset NYSE FANG+ ETF is an open-ended scheme tracking NYSE FANG+ Total Return Index.
- Mirae Asset NYSE FANG+ ETF Fund of Fund’ is an open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF.
Government reactivates 20 control rooms
- The Union govt has reactivated 20 control rooms across India.
- The move will address wage-related grievances of workers employed in the central sphere and mitigate the problems of migrant workers through coordination with various state governments.
- The Central Labour Commission under the Labour Ministry had set up control rooms in 2020.
MP Government to use military resources
- In Madhya Pradesh, Corona patients will now be accommodated in army hospitals and isolation centres.
- Probably for the first time in the country, a state government has started using military resources to deal with the corona epidemic.
- Efforts are being made to arrange about 150 isolation beds in Army hospitals in Bhopal, 100 in Jabalpur, and 40 each in Sagar and Gwalior.
India Open Badminton Tournament postponed
- India Open Badminton Tournament 2021 has been postponed in the wake of a sudden rise in the COVID-19 cases in New Delhi.
- The tournament was scheduled to be held at the KD Jadhav Indoor Hall in New Delhi from May 11-16, 2021.
- The 2021 edition was already scheduled to be held in a biosecure bubble with no spectators and media.
Tata Steel supplies 300 tonnes of oxygen per day
- Tata Steel is supplying up to 300 tonnes of medical oxygen from its plants to various state governments and hospitals for the treatment of Covid-19 patients.
- The supply of oxygen is provided to the hospitals in and across the Jharkhand, UP, Bihar, Odisha, and West Bengal through the Centre’s coordination.
- Liquid medical oxygen or LMO is a crucial requirement for the treatment of covid patients.
Mastercard to buy ID verification firm Ekata
- Mastercard Inc on 19 April 2021 agreed to buy digital identity verification company Ekata in a deal valued at $850 million.
- Ekata’s products allow businesses to separate fraudsters from legitimate customers during digital interactions like opening an online account or making digital payments.
- Ekata operates in three industries: e-commerce, payments, and financial services.
Online yoga class for prisoners in Tamil Nadu
- To improve the well-being and immunity of prisoners across Tamil Nadu, Isha Foundation on 19 Apr 2021 began special online yoga sessions for 10 days.
- The sessions are being held in 18 prisons in Chennai, Chengalpattu, Vellore, Trichy, Coimbatore, Salem, Madurai, Cuddalore, and Palayankottai.
- Yoga teachers trained by Isha founder Sadhguru Jaggi Vasudev are conducting these free yoga sessions.
Meghalaya bans entry of tourists from Apr 23
- The Meghalaya government on 19 April 2021 announced a ban on the entry of tourists from other states from 23 April 2021.
- Local tourism in Meghalaya will continue as before.
- There will also be closure in tourist locations that have high tourist footfall in the state
- The measures were announced after the gov reviewed the Covid situation in the state.
Writer Ganjam Venkatasubbaiah passes away
- Kannada lexicographer and Padma Shri awardee Ganjam Venkatasubbaiah passed away in Bengaluru on 19 April 2021.
- Professor G Venkatasubbaiah was proficient in Kannada literature, poetry, essays, and translations.
- He was the vice president of the Lexicographical Association of India for 17 years.
- He had also received the Padma Shri, Kannada Sahitya Akademi Award, and the Pampa Award.
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