 India has appointed Brajendra Navnit as India’s new ambassador to the World Trade Organization (WTO). He is a 1999 batch IAS officer of Tamil Nadu cadre. He will be posted at the Permanent Mission of India (PMI) to the WTO in Geneva. Navnit, who recently completed his tenure as Joint Secretary in the Prime Minister’s Office. He replaces JS Deepak at the PMI, whose two-year extended term ended on May 31. The Appointments Committee of the Cabinet, which approved Navnit’s foreign post, also gave a nod to the appointment of Anwar Hussain Shaik for the post of Counsellor, at the PMI to WTO, Geneva. He is a 2000 batch IRTS officer. |
 The merger of Peugeot S.A (PSA) and Fiat Chrysler Automobiles N.V. (FCA) has been approved by the Competition Commission of India (CCI). Peugeot S.A (PSA) is a publicly listed limited liability company incorporated in France. PSA is an original equipment manufacturer and dealer of motor vehicles, passenger cars as well as light commercial vehicles under the brands Peugeot, Citroën, Opel, Vauxhall and DS. Headquartered in London, Fiat Chrysler Automobiles N.V. (FCA) is a public company with limited liability. FCA is a global automotive group. Its works include manufacturing, designing, engineering, distributing and selling vehicles, components as well as production systems worldwide. |
 The tenure of Subramanian Sundar as the Managing Director and Chief Executive Officer of Lakshmi Vilas Bank has been extended after the approval from the Reserve Bank of India. His tenure has been extended for a period of 6 months i.e. till 30th November 2020 or till the appointment of the new CEO, whichever is earlier.Subramanian Sundar’s tenure as the MD & CEO of Lakshmi Vilas Bank has been extended for the second time. |
 MD & CEO, Kotak Mahindra Bank, Uday Kotak has taken over as the President of Confederation of Indian Industry (CII) for the year 2020-21. He has replaced the chairman and MD of Kirloskar Systems, Vikram Kirloskar as the President of CII. T.V. Narendran, CEO & MD of Tata Steel Ltd., is now CII’s president designate for the current financial year, while the Chairman and MD of Bajaj Finserv Ltd., Sanjiv Bajaj has taken over as the vice-president of CII. |
 Twitter has appointed ex-Google chief financial officer (CFO), Patrick Pichette as new board chairman. He will replace Omid Kordestani. Pichette joined Twitter’s board of directors in 2017 and had been a lead independent director since the end of 2018. Prior to this, he served as Google’s CFO from 2008 until 2015. It is the first time in Twitter’s history that an outsider will preside over the group. |
 Emmy-winning television producer, Krishnendu Majumdar becomes the new chairman of British Academy of Film and Television Arts (BAFTA). He is the first person of colour to be named as the chairperson of BAFTA in its 73 year-long histories of BAFTA. He will replace Pippa Harris. Harris will now continue as deputy chairperson. Prior to this, Majumdar served as the chair of the Learning and New Talent Committee (2006-2010), the chair of the Television Committee (2015-2019) and an individual from the leading group of trustees for 9 years. He has been intently working with BAFTA for 14 years. |
 “PM SVANidhi” is a Special Micro-Credit Facility Scheme that has been launched by the Ministry of Housing and Urban Affairs. Street vendors will be provided affordable loans under the PM Street Vendor’s Atma Nirbhar Nidhi (PM SVANidhi) scheme, hence enabling them to resume work and earn livelihoods. The scheme is expected to benefit over 50 lakh people including hawkers, thelewalas, vendors, rehriwala etc. Under the PM SVANidhi scheme, street vendors will be able to avail the working capital loan of up to Rs. 10,000, which is repayable in monthly instalments in the tenure of one year. A digital platform with web portal/ mobile app would be developed to administer the scheme with end-to-end solution. It will also help in integrating the vendors into the formal financial system. |
 International Day of Innocent Children Victims of Aggression is observed globally on 4th June every year. This day affirms the UN’s commitment to guard the rights of children. This day is to acknowledge the pain suffered by children throughout the planet who are the victims of physical, mental and emotional abuse. The main aim of celebrating today is to spread the notice about the pain and sufferings faced by the victims as children. |
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 Legendary Filmmaker & the National Film Award winner Basu Chatterjee passed away. He was known for his middle-of-the-road cinema and films like “Chhoti Si Baat” and “Rajnigandha”. He also directed two hit TV serials namely “Byomkesh Bakshi” and “Rajani”. Basu Chatterjee worked in Hindi as well as Bengali cinema and some of his best known works includes “Khatta Meetha”, “Us Paar”, “Chitchor”, “Baton Baton Mein” and “Piya Ka Ghar”. He received National Film Award for Best Film on Family Welfare for his film Durga in 1992. |
 National Basketball Association (NBA) Hall of Famer Wes Unseld passed away. He was one of the greatest American professional basketball player. He led his franchise ‘Washington Wizards’ ( then Baltimore Bullets) to the NBA Championship in 1978. He played for Washington Wizards throughout his entire 13-season playing career and also worked for as a coach and general manager. He was inducted into the Naismith Memorial Basketball Hall of Fame in 1988. |
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