Former Tata Sons chairman Cyrus Mistry passes away

4th Sep 2022

Myonlineprep

National

Former chairman of Tata Sons and scion of the Shapoorji Pallonji group, Cyrus Mistry (54) has been passed away in a car accident.
He had served as the chairman of the Tata group in 2012, he succeeded Ratan Tata. He was the sixth chairman of the Tata group and second chairman who did not have the Tata surname. He joined the Tata Sons board as a director in 2006.
The Mistry family owns an 18.4% stake in Tata Sons, while the Tata Trusts own a 66% stake in the company.

Home Minister Amit Shah inaugurated the 6th All India Prison Duty Meet

Union Home Minister, Amit Shah has inaugurated 6th All India Prison Duty Meet in Ahmedabad, Gujarat.
It is a biennial event, organised by the Bureau of Police Research and Development. The event was attended by Gujarat Chief Minister, Bhupendra Patel and Minister of State for Home, Harsh Sanghavi.
AIPDM was last organised in Ahmedabad in 2007, It was the second ever meeting.
He has also participated in the closing ceremony of 11th Khel Mahakumbh at TransStadia, Kankaria.

The Karnataka government has launched a Global Startup Challenge named VentuRISE.
VentuRISE will be a part of the Global Investors Meet - Invest Karnataka 2022 that will be held from 2 - 4 November in Bengaluru.
Its aim is to support growth stage startups in manufacturing and sustainability-related sectors. The Cash prize will be $ 100,000.
The global challenge will help entrepreneurs to showcase their innovative products or solutions and connect with potential investors.

Union Minister of Road Transport and Highways, Nitin Gadkari has inaugurated India’s first Liquefied Natural Gas (LNG) fuelled green truck in Chakan near Pune.
It was manufactured by the Blue Energy Motors, a start-up backed by a Singapore-based firm.
The trucks are powered by Iveco FPT, global powertrain brand of Iveco Group. The engines of truck generate high torque and help trucks deliver best in class TCO (total cost of ownership).

Bharat Electronics Limited (BEL) has signed an MoU with Smiths Detection for offering advanced, high-energy scanning systems to the Indian market.
The MoU will leverage the high-end, technological capabilities of both the firms to meet India’s domestic security needs.
The MoU was signed in line with the Indian Government’s ‘Make in India’ initiative.
BEL was founded in 1954 in Bengaluru. It has been granted Navratna status. Its Chairman and MD is Anandi Ramalingam.