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  • JP Dua – New Chairman of Board for Industrial & Financial Reconstruction

    JP Dua – New Chairman of Board for Industrial & Financial Reconstruction

    • May 23, 2015

    The government of India has elevated JP Dua as the Chairman of Board for Industrial & Financial Reconstruction (BIFR). Previously the post was held by BS Meena, who had resigned in February. The board was unable to function as there is no Chairman to constitute a bench and resume hearings. Tidbits BIFR is the part of

  • Foreign Investment Promotion for Korea appoints Pawan Goenka as Ambassador

    Foreign Investment Promotion for Korea appoints Pawan Goenka as Ambassador

    • May 23, 2015

    Pawan Goenka, Executive Director of Mahindra & Mahindra has been appointed as Honorary Ambassador of foreign investment promotion for South Korea.  The appointment was made after Korea-India CEO Forum in Seoul which was attended by Prime Minister Narendra Modi and Korean President Park Geun-hye. As Honorary Ambassador, His Functions shall include: Goenka will promote economic ties

  • SEBI ropes in Narayana Murthy to head panel on start-ups

    SEBI ropes in Narayana Murthy to head panel on start-ups

    • May 23, 2015

    SEBI on 22nd May 2015 set up an 18-member panel which will be headed by IT czar N R Narayana Murthy to advise on policy matters. The Alternative Investment Policy Advisory Committee ( AIPAC) includes representatives from the industry, private equity firms start-up organisations besides senior officials of Sebi RBI the Finance Ministry. Functions of

  • Neupogen – The first US FDA approved drug to treat radiation injuries

    Neupogen – The first US FDA approved drug to treat radiation injuries

    • May 23, 2015

    The US Food and Drug Administration (FDA) has approved the drug Neupogen, the first ever for the treatment of acute radiation injury. This drug will help to reduce the deleterious effects of radiation exposure following a nuclear incident. The research was done by Professor Thomas J MacVittie and Assistant Professor Ann M Farese of University

  • Jayalalitha takes charge as Tamil Nadu CM for the 5th time

    Jayalalitha takes charge as Tamil Nadu CM for the 5th time

    • May 23, 2015

    AIADMK general secretary Jayaraman Jayalalitha has sworn in as the Chief Minister of Tamil Nadu for the fifth time. The party cadres and supporters are all celebrating all over the state. Jayalalitha returns to power after eight months as she was forced to quit over corruption charges. Governor K Rosaiah gave oath to Jayalalitha and 28 others were sworn in as

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