Current Affairs India - 5 November 2014

1. Senior IRS officer Anita Kapur has been appointed as the new chairperson of the Central Board of Direct Taxes (CBDT) which is the apex authority of the Income-Tax Department. She is a 1978-batch officer of the Income-Tax cadre and was serving as Member (Legislation and Computerisation and Income-Tax) in CBDT.

She succeeded incumbent CBDT Chairman K V Chowdary who retired on 31st October. Chowdary was later appointed as an Advisor to the Special Investigation Team (SIT) on black money.

2. India's largest mortgage financier HDFC became the first listed Indian company in the list of 30 sensex companies to have more than 75% shareholding by Foreign Institutional Investors (FIIs). Recently the FIIs raised their stake in the company to a record-high of nearly 78% during the last quarter.

3. India's largest mobile operator by revenue and subscriber base, Bharti Airtel has called off its plans to acquire Mumbai based telecom operator Loop Mobile, as it failed to secure regulatory approvals. Loop Mobile-s licence will expire on 29th November this year and the company has no plans to extend the same. Post the date, it will be end of the service provider.

Bharti Airtel had announced acquisition of Loop Mobile, excluding employees in February to include all the subscriber base to expand its business.

4. Indian pace bowler Bhuvaneswar Kumar has been awarded with the ICC People's choice award for the year 2014. He was chosen for the prestigious award from the list of four nominees based on public voting.With this, he became the third Indian after Sachin Tendulkar and M S Dhoni to win this award.

Three Indian players Virat Kohli, Mohd. Shami and M S Dhoni were included in the ICC ODI team of the year 2014 while no Indian player was included in the ICC Test team of the year 2014.