12 August 2015 Current Affairs
Union Cabinet approves MoU between India, Nepal for construction of petroleum pipeline
The Union Cabinet has approved a Memorandum of Understanding (MoU) between India and Nepal for construction of petroleum products pipeline from Raxaul (Bihar) in India to Amlekhgunj in Nepal. The MoU seeks to promote bilateral cooperation in the oil and gas sector between both neighbouring countries and secure long term supply of petroleum products to Nepal. Raxaul-Amlekhgunj petroleum pipeline: In the first phase it will be constructed by Indian Oil Corporation (IOC) on behalf of Indian Government at a cost of 200 crore rupees. IOC will be also engaged in re-engineering and construction of the Amlekhgunj Depot and allied facilities.
Acharya Dev Vrat sworn-in as Governor of Himachal Pradesh
Acharya Dev Vrat was sworn-in as the Governor of the Himachal Pradesh on 12 August 2015 at the Raj Bhawan in Shimla. He is 27th Governor of this state.Chief Justice of Himachal Pradesh High Court, Justice Mansoor Ahmad Mir administered him the oath of office and secrecy.He replaced Kalyan Singh, who was given the additional charge of Himachal Pradesh Governor on 28 January 2015 after Urmila Singh completed her term as Governor in the state on 25 January 2015.Acharya Dev Vrat (55), a noted educationist, took his oath in Sanskrit language. Before being made the governor, he was the Principal of Gurukul University Kurukshetra, Haryana.
Azim Premji and Shiv Nadar among the Top 20 Forbes’ tech billionaires list
According to Forbes’ tech billionaires list, there are just two Indians in the top 100. They are Azim Premji of Wipro and Shiv Nadar of HCL Technologies. The list is completely dominated by the US, from where 51 names figure in the list. The list includes Mark Zuckerberg of Facebook and Jeff Bezos of Amazon. China has 20 names in it. Bill Gates of Microsoft tops the list with a net worth of $79.6 billion. Larry Ellison of Oracle with a fortune of $50 billion comes the distant second and Bezos ($47.8 billion) of Amazon the third.
The Top Ten Tech Billionaires
Name Company Net Worth
Bill Gates Microsoft $79.6 Billion
Larry Ellison Oracle $50 Billion
Bezos Amazon $47.8 Billion
Mark Zuckerberg Facebook $41.2 Billion
Larry Page Google $33.4 Billion
Sergey Brin Google $32.8 Billion
Jack Ma Alibaba $23.2 Billion
Steve Ballmer Microsoft $21.5 Billion
Laurene Powell Jobs Disney $19.5 Billion