NATIONAL UPDATES:
1. ReNew inks pact with Societe Generale for $1 billion debt financing: Energy firm ReNew has signed an initial pact with European bank Societe Generale for up to $1 billion financing as debt and advisory solutions over the next three years. The MoU aims to support the financing and development of the company’s various strategic energy transition projects both in India and globally. Both parties will leverage their respective expertise to strengthen the collaboration on utility-scale energy projects including solar, wind, complex renewables, green hydrogen, energy storage and solar modules manufacturing.
2. Adani Energy Solutions acquires Essar’s Mahan-Sipat Transmission Project: Adani Energy Solutions Ltd (AESL) has acquired 100 per cent stake in Essar Transco Limited for an Enterprise Value of INR 1,900 crore after obtaining necessary clearances. This share acquisition follows agreements signed in June 2022. The acquisition covers the fully operational 400 kV, 673 circuit kilometres inter-state transmission line linking Mahan in Madhya Pradesh to Sipat pooling substation in Chhattisgarh.
3. Police started Operation ‘Maryada’ for smooth conduct of Kedarnath Dham Yatra 2024 in Uttarakhand: Police launched Operation ‘Maryada’ for the smooth conduct of Kedarnath Dham Yatra 2024 in Rudraprayag, Uttarakhand. Under Operation Maryada, the police request pilgrims and tourists who consume drugs to maintain decorum in this area. Along with challan, the police is also registering a case against the rioters and drug users. Guptkashi DSP Harshvardhini Suman said, “Under Operation Maryada, we are taking strict action against those who are using any kind of intoxicants, it is not good for the temple and the Dham.
4. Porter becomes India’s 3rd Unicorn of 2024: Homegrown logistics services platform Porter has become the third unicorn (with a valuation of $1 billion and above) in India this year. Earlier this year, fintech firm Perfios and Ola’s AI venture Krutrim had turned unicorns. As per Tracxn, there were 113 unicorns in India as of earlier this month. PeakXV-backed Porter’s earlier valuation was $514 million, after it raised $101 million in a Series E round from investors such as Tiger Global, Vitruvian Partners, Lightrock India and more. Till date, it has raised $150 million over nine rounds, according to Tracxn data.
5. Kapil Sibal elected as the President of Supreme Court Bar Association: Senior Advocate Kapil Sibal has won the election for the President post of the Supreme Court Bar Association (SCBA). Besides Sibal, senior advocates Adish C Aggarwala, Pradeep Kumar Rai, Priya Hingorani and advocates Tripurari Ray and Neeraj Srivastava were contesting for the post of SCBA president. Kapil Sibal secured 1,066 votes and defeated his nearest rival and senior advocate Pradeep Rai. While Pradeep Kumar Rai received 689 votes. This is the fourth time, Kapil Sibal will serve as the president of the SCBA.
6. 17 May 2024 – National Endangered Species Day: National Endangered Species Day is observed every year on the third Friday of the month of May. This year, National Endangered Species Day celebrated on May 17. Objective – To create awareness about the consequences of human activities and what we can do to save endangered species. Theme 2024 – Celebrate Saving Species. In the year 2006, David Robinson and the Endangered Species Coalition established National Endangered Species Day to be celebrated every year to urge people to contribute to the safety and protection of endangered species.
INTERNATIONAL UPDATES:
1. UAE launched10-year Blue Residency Visa for Environmental Champions: The United Arab Emirates has launched a 10-year Blue Residency visa for individuals who have made ‘exceptional efforts and contributions to protecting the environment, whether marine or land’. The 10-year Blue Residency Visa aims to attract and retain global leaders in environmental research, activism, and technological solutions. This visa category extends beyond the UAE’s borders, welcoming those who champion sustainability initiatives worldwide.
2. 17 May – World Telecommunication and Information Society Day: World Telecommunication Day is observed every year on May 17 to honour the founding of the International Telecommunication Union (ITU). Theme 2024 – Digital Innovation for Sustainable Development
In the year 1865, International Telecommunication Union was founded, when the first Indian Telegraph Convention was signed. In 2005, the World Summit on the Information Society asked the United Nations to declare May 17 as World Telecommunication Day to be observed every year.
3. 17 May – World Hypertension Day: World Hypertension Day is observed every year on 17 May. Theme 2024 – Measure Your Blood Pressure Accurately, Control It, Live Longer Objective – To spread awareness about the risk of hypertension and its prevention. World Hypertension Day was first observed on May 14, 2005, by the World Hypertension League (WHL). Since 2006, May 17 has been marked as World Hypertension Day across the world.
OTHER UPDATES:
DEFENCE
1. Indian Air Force testes BHISHM state-of-the-art indigenous mobile hospital, for airdrop in Agra: Indian Air Force has tested BHISHM Cube, a state-of-the-art indigenous mobile hospital, for airdrop in Agra. This innovative technology is a great leap forward in providing rapid and comprehensive medical aid during emergencies anywhere. This cube is part of the broader initiative, Project BHISHM (Bharat Health Initiative for Sahyog, Hita and Maitri), and is tailored to treat up to 200 casualties. These cubes are robust, waterproof, and light, designed for various configurations, making them ideal for diverse emergency scenarios.
SPORTS
1. Puma signs deal with Athletics Federation of India for official kit sponsor: PUMA India has signed a deal with the Athletics Federation of India to become its official kit sponsor. Puma signed a multi-year deal to exclusively supply performance kits, speed suits and travel gear to every athlete under AFI representing India in track & field, jumps, throws, cross country running and marathons at both domestic and international tournaments. With the partnership, several international stars such as Neeraj Chopra (javelin throw), Kishore Kumar Jena (javelin throw), Parul Chaudhary (steeplechase), Subha Venkatesan (4x 400 m relay), Murali Sreeshankar (long jump), Jyothi Yarraji (hurdle), Priyanka Goswami (race walk) and Jeswin Aldrin (long jump) will benefit from PUMA’s gear across sporting events.
2. Neeraj Chopra wins Gold in Federation Cup with throw of 82.27 metres: In men’s javelin throw, Olympic champion Neeraj Chopra won the gold medal in Federation Cup 2024 in Bhubaneswar. The 26-year-old superstar struggled in the initial rounds of competition as he was second after three rounds. He took the lead in the fourth round with an effort of 82.27m. Neeraj Chopra last took part in a domestic competition at the same event in 2021, when he won a gold with a throw of 87.80m.
3. Animesh Kujur won Gold at 200m sprint event in Federation Cup: 20-year-old, Animesh Kujur bagged 200m gold at the Federation Cup in Bhubaneshwar, Odisha. Kuju has scorched the track by clocking an impressive 20.62 seconds to win the 200 metres gold. The second-best time ever by an Indian after Amalan Borgohain’s national record of 20.52 seconds. He also qualified for the 100 metre final.
4. Manipur wins Senior Women’s NFC for Rajmata Jijabai Trophy for 22nd time: Manipur defeated Haryana 2-0 in the final of the 28th Senior Women’s National Football Championship for Rajmata Jijabai Trophy, to clinch their 22nd title at the Kishore Bharati Krirangan, in Kolkata. Ngangom Bala Devi (68’) and Nongmeikapam Sibani Devi (83’) scored the goals to hand Manipur the match, after Haryana were down to 10 players as Samiksha was sent off for a foul on Dangmei Grace in the 65thminute.
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