Current Affairs: 20 May 2019

Daily Current GK Update

20 May, 2019

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  1. Japan’s Orix to acquire IL&FS wind assets

JAPAN-BASED Orix Corporation has expressed an intent to buy out IL&FS Wind Energy, IL&FS said on Sunday. Orix Corporation already owns 49% stake in each of the seven operating wind power plants of the IL&FS group.

The Japanese company has now exercised its rights under its existing MoU (memorandum of understanding) with IL&FS group and sought to buy the remaining 51% stake in IL&FS Wind Energy.

 

  1. Sanjiv Puri is the new chairman of ITC

ITC has announced the elevation of Sanjiv Puri, who is the managing director, as the company’s chairman, after its long serving chairman YС Deveshwar passed away earlier this month.Puri has now been designated chairman & managing director. In his 33-year-long tenure at ITC, Puri has held various responsibilities across different verticals of the company, including the FMCG businesses and the tobacco division.

 

  1. Kapil Sharma named among world’s most viewed comedians

Kapil Sharma has been recognised as one of the most viewed stand-up comedians in India and abroad and for promoting animal rights by World Book of Records London. Sharing the news, the official Twitter handle of Sony TV wrote, “It’s a proud moment for all of us. We congratulate the King of Comedy.”

 

  1. BARC forms global alliance

BARC (INDIA), MÉDIAMÉTRIE (France), Numeris (Canada) and Video Research (Japan) will collaborate on future audience measurement initiatives including the development of common technical standards and operational processes, in order to benefit the existing currency services each member operates, in their respective markets, through their current organisation and measurement partners.

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