Current Affairs India - 28 May 2014

1. Andhra Pradesh Governor E S L Narasimhan was given additional charge of the proposed state of Telangana today. The order comes a week before 2nd June when Telangana will be born as the 29th state of the country.

2. The Narendra Modi Cabinet at its very first meeting announced to set up a Special Investigation Team (SIT) yesterday to unearth black money as ordered by the Supreme Court earlier. Former Supreme Court judge Justice MB Shah, will head the Special Investigation Team (SIT) in the black money issue.

He said that he will try to -finish the work as early as possible-. He was the Chairman of a Commission on illegal mining of iron ore (in Odisha and Goa) and he submitted the first interim report within two months (of starting probe).

3. The Modi-led Government has appointed senior Supreme Court advocate Mukul Rohatgi as the new Attorney General of India, the top law officer of the country. He had served as Additional Solicitor General in the earlier NDA regime. He will be the 14th Attorney General of India.

He succeeded former Attorney General Goolam Vahanvati who resigned recently. Solicitor General Mohan Parasaran also resigned recently as there was a change of Central Government. As per convention, the Attorney General and Solicitor General resign once there is a change of Government at the Centre.

4. Retired IAS officer and former Chairman of the Telecom Regularoty Authority of India Nripendra Misra has been appointed as Principal Secretary to the Prime Minister Narendra Modi. He is a 1967 batch IAS officer and he has served in various ministries including telecom, commerce and fertilizers, before retiring as TRAI Chairman in 2009.

5. State Bank of India Chairperson Arundhati Bhattacharya and ICICI Bank Managing Director Chanda Kochhar are among the five women from India who are featured in Forbes' 100 most powerful women in the world. Bhattacharya is ranked 36th on the power list, while Kochhar is 43rd. Biocon founder Kiran Mazumdar-Shaw is ranked 92nd on the list. 

6. Infosys Ltd President, widely considered to be the next CEO to succeed S D Shibulal when he retires in January 2015, has resigned from the Company. IT major Infosys Ltd announced to the stock exchanges today that its company president and board member B.G. Srinivas has resigned.

This is the 10 high profile exit since Founder N R Narayana Murthy came back to the company in order to revive fortune of company. Infosys Ltd has been lagging its peers and posting lower than Industry average growth rate for more than 3 years now.

7. In the Indian Premier League first Qualifier, Kolkata Knight Riders defeated Punjab XI by 28 runs at Eden Gardens in Kolkata today. Kings XI Punjab was out 135 for 8 wickets in 20 overs while chasing 163 runs scored by Kolkata Knight Riders.

The Kings XI Punjab will have another chance of making to the finals. It will face winner of the Eliminator between Chennai Super Kings and defending champions Mumbai Indians.

8. Suresh Raina will be the Captain of the Indian Cricket team for the One Day series (ODI) in Bangladesh which will be held from 15th June. Mahendra Singh Dhoni and Virat Kohli will miss Bangladesh Tour due to minor injuries. The top run-scorer in IPL Robin Uththappa was included in the One day team and Wriddhiman Saha was chosen as wicketkeeper for ODI and Test team.