 The U.S India Business Council named Ambika Sharma as its head for India. Ms. Sharma was Director General for International at the Federation of Indian Chambers of Commerce and Industry (FICCI). As Director General of FICCI, Sharma is the highest ranked female executive of an Indian industry body. Ms. Sharma will be responsible for overseeing and guiding USIBC’s growth strategy in India through its offices in New Delhi and Mumbai, as well as leading the charge on policy advocacy issues for USIBC’s diverse membership with a variety of stakeholders. |
| Source- The Hindu |
 BSE Ltd became first Indian exchange to be designated as Designated Offshore Securities Market (DOSM) by United States Securities and Exchange Commission (US-SEC). DOSM status will allow the sale of securities to US investors through the trading venue of BSE without registration of such securities with US SEC. This will ease trades by US investors in India and also enhance the attractiveness of Indian Depository Receipts (IDRs) amongst US investors. |
| Source- BSE India |
 Indian Meteorological Department (IMD) has issued an advisory to Tamil Nadu, Kerala, Karnataka, Goa, Maharashtra and the Lakshadweep archipelago over cyclonic storm ‘SAGAR’. The cyclonic storm lay centred over the Gulf of Aden, about 390 km east-northeast of Yemen’s Aden city. Director General of IMD, Dr K. J. Ramesh advised fisherman not to venture into Gulf of Aden and adjoining areas. |
| Source- AIR World Service |
 The Himachal Pradesh government will spend 25 crore rupees on renovating and developing the historic British Raj 'Bantony Castle Estate as a major tourist attraction. The Bantony Castle, owned by a business family and housing the state police headquarters, was acquired by the government for over 27 crores two years ago. |
| Source- Business Standard |
 Guwahati now has India's first railway station run by solar power. The project of installing solar panels was commissioned in April 2017. Around 2352 solar modules with a capacity of generating 700 kwp has been set up over the roof of the Guwahati railway station. |
| Solar panels have been installed at the roof-top solar power plant. The solar-powered station is aimed at reducing carbon-footprint as well as cut down power costs drastically. The project cost is estimated to be Rs 6.7 crore, as per Indian Railways. |
| Source- The Economic Times |
 Indian American Congresswoman Pramila Jayapal’s sister Susheela Jayapal became the first South Asian to be elected in Oregon in the western US State. She won the District 2 seat on the Multnomah County Board of Commissioners with 57% of the vote.
She will represent North and Northeast Portland commissioner’s seat. Susheela, a former corporate lawyer and longtime community volunteer, defeated construction contractor Sharon Maxwell and two others.
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| Source- AIR World Service |
 The President of India has appointed Uttam Pacharne, as regular Chairman of Lalit Kala Akademi. Mr Pacharne is an eminent artist and sculptor. Currently, he is Member of Advisory Committee, Kala Academy, Goa. He is the recipient of National Lalit Kala Award 1985, Maharashtra Gaurav Puraska 1985 from Government of Maharashtra, Junior National Award 1986 and Jeevan Gaurav Puraskar 2017 from Prafulla Dahanukar Foundation. Previously, Mr M.L. Srivastava, Joint Secretary (Akademies), Ministry of Culture was appointed Protem Chairman of the Lalit Kala Akademi. |
| Source- PIB |
 For the first time, an international rail coach expo, displaying rail coaches and train-sets, has been held in Chennai. Reputed railcar and equipment manufacturers showcased their technology and products at the expo, which was a unique platform to bring different suppliers under one roof and create synergy for "Make in India". The expo is being hosted by the Integral Coach Factory (ICF), under the Ministry of Railways, in coordination with the CII (Confederation of Indian Industries) and RITES Ltd, a PSU under the Ministry of Railways. |
| Source- India Today |
 The Supreme Court refused to stay BJP leader B S Yeddyurappa's swearing-in as Karnataka Chief Minister, paving the way for the formation of his government. He took the oath as the new Chief Minister of Karnataka. After hearing the matter for more than three hours beginning, a three-judge bench of Apex court, comprising justices A K Sikri, S A Bobde and Ashok Bhushan, directed that the letter sent by the BJP to the governor for forming the government be placed before it. |
| Source- DD News |
 Tata Steel, whose bid for debt-ridden Bhushan Steel was approved by NCLT, would implement the resolution plan through its step-down subsidiary Bamnipal Steel Ltd. Bamnipal Steel would invest in the debt-ridden company and acquire control on the closing date. As per the terms of approved Resolution Plan, Bamnipal Steel Limited (BNPL), a wholly-owned subsidiary of Tata Steel, will initially subscribe to 72.65% equity share capital of BSL at face value i.e. at Rs 2 per share, for an aggregate amount of Rs 158.89 crore. |
| Source- The Moneycontrol |
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