1. GAIL (India) Ltd & EESL signed MoU

GAIL (India) and Energy Efficiency Services have signed a MoU.

The MoU aims at building a closer strategic partnership between the two companies by jointly exploring business opportunities in Trigeneration business segment in India.

GAIL & EESL shall jointly undertake stud ies and if found viable, 50:50 joint venture between GAIL & EESL will be incorporated.

2. UP introduced a MoU Monitoring Mechanism

Uttar Pradesh has introduced a MoU Monitoring Mechanism.

The move is aimed at better implementation of investment proposals through handholding interested investors and better tracking of the MoUs signed.

For this, the state will be launching a new MoU tracking portal that will be integrated with its single window system Nivesh Mitra.

3. Peugeot and Fiat Chrysler to merge

The Competition Commission has approved the proposed merger between auto majors Peugeot S.A and Fiat Chrysler Automobiles N.V.

The merged entity would be the fourth largest original equipment manufacturer by volume and the third-largest by revenue.

FCA is a global automotive group engaged in designing, manufacturing, distributing and selling vehicles, components and production systems.

4. SEBI reshuffled a committee

SEBI has re-constituted its 17-member commodity derivatives advisory committee (CDAC).

It examines issues related to contract designs and new products in the segment.

The same committee also advises on matters related to delivery mechanism and warehouses.

The committee has been mandated to recommend measures for improving market safety, efficiency, transparency and integrity, etc.

5. Kiran Mazumdar-Shaw won an award

Biocon Ltd announced that its Executive Chairperson Kiran Mazumdar-Shaw has been named the EY World Entrepreneur of the Year 2020 (WEOY).

She has been honoured with the title from among a distinguished list of 46 EOY country award winners from 41 countries and territories.

In the award’s 20-year history, Mazumdar Shaw is the first woman entrepreneur from India and the third Indian to win it.

6. Indian economy to contract by 1.5% in FY21

A survey released by the Reserve Bank has showed that Indian economy may contract by 1.5 percent in FY21 though the next fiscal is expected to be much better.

The GDP is, however, expected to revert to growth terrain next year, when it is likely to grow by 7.2 per cent.

Real gross fixed capital formation (GFCF) is likely to register negative growth of 6.4 per cent in 2020-21.

7. WEF to adopt a new twin-summit format

The World Economic Forum (WEF) will adopt a new twin-summit format for its next annual Davos meeting in January 2021, with a theme of ‘The Great Reset!

The 50th WEF Annual Meeting, which was held from January 21-24, 2020, was one of the last high-profile gatherings in 2020 before the coronavirus pandemic brought almost the entire world to a halt.

8. New book to promote benefits of a diet

Luke Coutinho has come up with his new book, “The Dry Fasting Miracle: From Deprive to Thrive”

It is co-authored by Sheikh Abdulaziz Bin Ali Bin Rashed Al Nuami, a member of the Ajman royal family in the UAE.

The book will be published under the Ebury Press imprint of Penguin Random House.

Dry fasting and intermittent fasting help the body to heal naturally and regenerate.

9. Karnataka government launched an app

The Karnataka government has launched

“Meghasandesha” App.

It would provide real-time information as well as forecast on rains, flooding and thunderstorm alerts in Bengaluru.

The app has been developed by Karnataka state natural disaster monitoring centre along with the Indian Institute of Science (IISc) and the Department of science and technology among others.

10. India: 5th most-affected country by COVID-19

India has become fifth worst-hit country by coronavirus in the world as its case count crossed 2.41 lakh on 6 June 2020.

Only the US, Brazil, Russia, Spain and the UK have more coronavirus cases than India.

India surpassed Italy and then Spain to reach the unenviable milestone.

India registered a record single-day spike of 9,887 cases and 294 deaths on 6 June 2020.

11. British Producer Rupert Hine passed away

British producer and songwriter Rupert Hine has died passed away in June 2020.

· He produced songs for Tina Turner’s 1984 comeback album Private Dancer and was instrumental in works by a host of other big names.

His works appeared on soundtracks for the films Better Off Dead, Golden Eye, The Fifth Element and The Addams Family, and several other television series.

12. Bollywood producer Anil Suri passed away

Bollywood producer Anil Suri, who bankrolled films like Raaj Kumar-Rekha starrer Karmayogi and Raaj Tilak, passed away due to coronavirus in June 2020.

Anil’s brother, film producer Rajiv Suri said he had fever initially but his condition worsened the next day with breathlessness.

He was rushed to the top hospitals, Lilavati and Hinduja, but both denied him a bed.

13. Riaz Sheikh passed away

Former Pakistan first-class cricketer Riaz Sheikh became the second professional player in Pakistan to die because of suspected coronavirus, in June 2020.
Sheikh was a leg-spinner who took 116 wickets in 43 first-class matches and was at one time considered for national selection.

Former Pakistani cricketer Zafar Sarfraz was the first professional player in Pakistan to die of it.

14. Day for fight against illegal fishing: 5 June

June 5 is celebrated as the International Day for the Fight Against illegal, Unreported and Unregulated Fishing, or IUU fishing

IUU fishing occurs in virtually all bodies of water.

It causes problems for varieties of fish struggling to survive.

Every year, as much as 26 million tons of fish are taken illegally from the world’s seas.

15. World Pest Day 2020: June 6

Every June 6 is celebrated as World Pest Day or sometimes called World Pest Awareness Day.

The day was created to raise awareness of how pest management helps preserve the quality of life for you and your loved ones.

Pests fall into four different categories based on body types: 1. beetles; 2. flies; 3. moths and butterflies; and 4. ants, bees and wasps.

16. Hyderabad airport received ACI recognition

Hyderabad Airport has received the highest Platinum Recognition in the Airports Council International (ACI) Asia-Pacific Green Airports Recognition 2020 in the 15-35 million passengers per annum category

The airport has a large reservoir with a water-holding capacity of 6,00,000 cubic meters, which is sufficient to meet the considerable quantum of airport’s requirement throughout the year.

17. India lost 750 tigers during 2012-2019

As many as 750 tigers have died in the country in the last eight years due to poaching and other causes.

Madhya Pradesh reported the highest casualties at 173.

Of these total tiger mortalities, 369 were due to natural causes and 168 due to poaching.

This data was revealed by the National Tiger Conservation Authority (NTCA).

18. Ved Marwah passed away

Former Delhi Police commissioner Ved Marwah passed away in May 2020.

Marwah was the police commissioner of Delhi from 1985-88 and served as the third director general of the elite National Security Guard from 1988-90.

He was a former governor of Manipur, Jharkhand and Mizoram.

He had also penned a book “Uncivil Wars: Pathology of Terrorism in India”.

19. CENS developed low-cost catalyst

Scientists from The Centre for Nano and Soft Matter Sciences (CENS), have found out a low cost and efficient way to generate hydrogen from water using Molybdenum dioxide as a catalyst.

The scientists have shown that Molybde num dioxide nanomaterials annealed in hy drogen atmosphere can act as efficient cat alysts to reduce the energy input to bring about water splitting with great efficiency.

20. Facebook to acquire 9.9% stake in Jio

Facebook will acquire 9.9% stake in Jio Platforms announced in May 2020, via a new entity — Jaadhu Holdings LLC, as per regulatory documents.

· In April 2020, Facebook has announced an investment of $ 5.7 billion (Rs 43,574 cr) in Jio Platforms.

· According to a submission made to the Competition Commission of India, Jaadhu Holdings, LLC is an indirect wholly-owned subsidiary of Facebook, Inc.

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