 The government has appointed Hemant Bhargava, Managing Director, Life Insurance Corporation of India, as the Acting Chairman. The move comes after VK Sharma retired from the top job at LIC on December 31. While traditionally the senior-most MD is appointed the chairman, Bhargava is due to retire in July 2019. |
| Source- The Hindu Business Line |
 Justice Thottathil Bhaskaran Nair Radhakrishnan was sworn in as the first Chief Justice of the Telangana High Court. The oath to the office was administered to Justice Radhakrishnan by Telangana and Andhra Pradesh Governor ESL Narasimhan at a ceremony held at Raj Bhavan. With this, the state of Telangana will have its first independent high court. |
| Source- ANI News |
 Jair Bolsonaro was sworn in as Brazil’s President in a ceremony at Brazil’s National Congress Building. Bolsonaro is a former Army captain and admirer of the country’s 1964-1985 military dictatorship. Bolsonaro, 63, was a seven-term fringe congressman who rode a wave of anti-establishment anger to became Brazil’s first far-right president since a military dictatorship gave way to civilian rule three decades ago. |
| Source- The Livemint |
 Axis Bank announced its Managing Director and CEO Shikha Sharma has retired from the post and Amitabh Chaudhry will be the new managing director and CEO of the bank with effect from January 1, 2019. Chaudhry, the former MD and CEO of HDFC Standard Life Insurance Company, was in September named the MD and CEO of Axis Bank for a period of three years. |
| Source- Business Times |
 The government has appointed Sudhir Bhargava as Chief Information Commissioner (CIC), along with four information commissioners. Mr. Bhargava was Information Commissioner in the CIC. An alumnus of St Michael’s High School in Patna and St Stephen’s College in Delhi, Mr. Sinha is a 1981-batch Indian Foreign Service officer who was the High Commissioner of India in the United Kingdom. |
| Source: The Hindu |
 Dronacharya awardee C A Kuttappa has taken over as India’s chief boxing coach at the ongoing national camp. He took over from veteran coach SR Singh at the beginning of the camp. The 39-year-old Kuttappa is credited with shaping some of the country’s most successful boxers such as Vijender Singh, M Suranjoy Singh, and Shiva Thapa, among others. |
| Source: News on AIR |
 P V Bharathi has been appointed as managing director and chief executive officer of the Corporation Bank. Bharathi is at present Executive Director, Canara Bank. She will replace Jai Kumar Garg. She will take over the charge on or after February 1, 2019. Birupaksha Mishra andBalakrishna Alse S have been appointed as executive director in the Corporation Bank and the Oriental Bank of Commerce, respectively. |
| Source- The Hindu Business Line |
 US President Donald Trump announced that he would replace Defence Secretary Jim Mattis with his deputy Patrick Shanahan as acting Pentagon chief. Shanahan will assume charge of Acting Secretary of Defense from 1 January, 2019. Mattis resigned in protest after Trump announced the withdrawal of U.S. troops from Syria over the strong objections of Mattis and others on the national security team. |
| Source- DD News |
 BVP Rao has been elected as the president of the Archery Association of India in the polls held under a High Court-appointed administrator. Rao, who represented Archery Association of Assam, beat Rupak Debroy of Tripura at the elections held at the Jawaharlal Nehru Stadium in New Delhi. A retired IAS officer of Assam cadre, Rao earlier served as vice president of the archery association of the northeastern state. He was also earlier associated with Sports Authority of India in various capacities. |
| Source: The Hindu |
 Senior bureaucrat Pranab Kumar Das has been appointed as chairman of the Central Board of Indirect Taxes and Customs (CBIC), the apex policy-making body for indirect taxes. Das, special secretary and member (customs) at CBIC, will succeed S Ramesh. Das, a 1983-batch IRS officer of Customs and Central Excise Cadre was appointed as a member in the Central Board of Excise and Customs (CBEC) in 2017. |
| Source- Press Information Bureau (PIB) |
You need to login to perform this action.
You will be redirected in
3 sec
