23 May 2014 Current Affairs
Former IB Chief Rajiv Mathur Takes Over As New CIC
Former IB chief Rajiv Mathur took over as the new Chief Information Commissioner (CIC) in the Central Information Commission. He was administered the oath of office by President Pranab Mukherjee at Rashtrapati Bhavan. Mathur succeeds Sushma Singh, who demitted office on 21 May, as the sixth chief of the transparency watchdog. He will have a tenure till August 23, when he attains 65 years of age. According to rules, CIC is appointed either for a maximum of five-year term or till 65 years of age, whichever is earlier. Mathur had in March 2012 joined as Information Commissioner in the CIC. His predecessor Sushma Singh had joined as CIC on December 13, last year. Deepak Sandhu, Satyananda Mishra, A N Tiwari and Wajahat Habibullah have also served as CICs.
Nine Indian Firms In Forbes Most Innovative Growth List
Nine Indian firms have made it into the Forbes list of the World’s 100 most innovative growth companies, which has been topped by New Zealand software accounting firm Xero. Among the Indian companies, Godrej Consumer Products leads the pack and was ranked 31st globally on the list with an enterprise value of USD 4.25 billion. Other Indian firms on the list include ABB India, Marico, United Breweries, Siemens India, Asian Paints, Nestle India, Colgate Palmolive India and Divi’s Labs. The list has been made on the basis of Innovation Premium, which Forbes described as a measure of how much investors have bid up the stock price of a company above the value of its existing business based on expectations of future innovative results (new products, services and markets).
Nagaland Chief Minister Neiphiu Rio Resigned
Three-time Chief Minister of Nagaland, Neiphiu Rio, on 23 May resigned from the chair along with his council of ministers. Neiphiu Rio, who has been the Chief Minister of Nagaland for over 11 years, tendered his resignation following his landslide victory in the 16th Lok Sabha polls. Rio submitted his resignation along with that of his Council of Ministers to Governor Ashwani Kumar at Raj Bhavan. He was accompanied by Chief Minister designate T R Zeliang, Naga People’s Front (NPF) president and Minister for Parliamentary Affairs Kuzholuzo Nienu.