25 November 2015 Current Affairs
New Assocham president – Sunil Kanoria
Sunil Kanoria, vice-chairman of non-banking finance company, SREI Infrastructure Finance Limited on 25 November 2015 took over as new president of The Associated Chamber of Commerce and Industry of India (Assocham). Mr Kanoria has been instrumental in bringing over `34,000 crore (over $5 billion) of consolidated assets under SREI which became one of the first NBFCs to get listed on the London Stock Exchange. He is also the joint managing director of SREI BNP Paribas.
SEBI signed MoU with Bangladesh
Securities and Exchange Board of India (SEBI) signed Memorandum of Understanding (MoU) with the Bangladesh Securities and Exchange Commission (BSEC) on bilateral cooperation and technical assistance. The MoU was signed by UK Sinha, Chairman, SEBI and Dr M Khairul Hossain, Chairman, BSEC at Dhaka, Bangladesh. It aims at enhancing investor protection and creating conditions for an effective development of securities markets in the two countries. The MoU seeks to promote further development of economic links and cooperation between the two signatories.
Dedicated commercial satellite launched by Japan
First dedicated commercial satellite was launched by Japan by launching Canadian communications spacecraft, Telstar 12V on 23 November 2015. With this, Japan is entered into the commercial satellite launch business. The first commercial satellite launch was overseen by Japan Aerospace Exploration Agency (JAXA) and Mitsubishi Heavy Industries.