1. India home to 54 of world's largest, most powerful companies: Forbes
(i) According to Forbes Magazine India is home to 54 of the world's biggest companies.(ii) Mukesh Ambani-led Reliance Industries leads the pack of 54 Indian companies in Forbes' annual list of the world's 2000 largest and most powerful public companies,
(iii) Reliance is followed by State Bank of India which is ranked 155 and has a 23.6 billion dollars market value.
(iv) The other Indian companies on the list are Oil and Natural Gas ranked 176, ICICI Bank (304), Tata Motors (332), Indian Oil (416), HDFC Bank (422), Coal India (428), Larsen & Toubro (500), Tata Consultancy Services (543), Bharti Airtel (625), Axis Bank (630), Infosys (727), Bank of Baroda (801), Mahindra & Mahindra (803), ITC (830), Wipro (849), Bharat Heavy Electricals (873), GAIL India (955), Tata Steel (983) and Power Grid of India (1011).
(v) China is home to the world's top three biggest public companies and five of the top 10.
(vi) For the first time in the ranking's 11 years, China is home to the world's three biggest public companies and five of the top 10. State-controlled Chinese bank ICBC holds onto its number 1 spot for a second consecutive year, while China Construction Bank takes second place and Agricultural Bank of China moves up five spots to third.
(vii) The United States accounted for the other half of the top 10 spots. Berkshire Hathaway and Wells Fargo both moved up four spots to number five and number nine respectively.
(viii) The Forbes 'Global 2000' is a comprehensive list of the world's largest, most powerful public companies, as measured by revenues, profits, assets and market value.
2. Supreme Court bans jallikattu in Tamil Nadu
(i) Country�s apex court banned �jallikattu� (bull fighting) and bullock cart racing in Tamil Nadu. The court also banned bullock cart racing in Maharashtra.
(ii) A Bench of Justices K.S. Radhakrishnan and Pinaki Chandra Misra said, �Forcing a bull and keeping it in the waiting area for hours and subjecting it to the scorching sun is not for the animal�s well-being. Forcing and pulling the bull by a nose rope into the narrow, closed enclosure or �vadi vassal� (entry point), subjecting it to all forms of torture, fear, pain and suffering by forcing it to go the arena and also over-powering it in the arena by bull tamers, are not for the well-being of the animal.�
3. President of India dedicates �RUPAY� to the nation
(i) The President of India, Shri Pranab Mukherjee dedicated �RuPay� India�s own card payment network to the nation today (May 8, 2014) at function at Rashtrapati Bhavan.
(ii) Speaking on the occasion, the President congratulated the Reserve Bank of India for having envisioned the need for such an indigenously managed service in 2005 and for entrusting this task to the National Payments Corporation soon after its operationalization in 2010.
(iii) An indigenous system like RuPay will not only reduce the dependence on cash and cheque modes of settlement but will also make it easier to offer products based on specific requirements of diverse user sets within the country.
(iv) The President felicitated Shri A. P. Hota, Managing Director and Chief Executive Officer of NPCI. He also presented appreciation plaques to 17 banks for their contribution in connection with RuPay card.
4. IAA Receives International Arch of Europe Award
(i) Indian Aviation Academy (IAA) has been selected this year by the Business Initiative Directives Group (BIDG), Madrid (Spain) for the International Arch of Europe Award for quality and technology in Gold Category.
(ii) The award was received by Mr. Rajiv Goel, Director, IAA from Mr. Jose E. Prieto, President & CEO, BID Group at a function held in Frankfurt, Germany Later, the award was presented to Mr. Alok Sinha, Chairman, Airports Authority of India .
(iii) The Academy has been set up for training and development by pooling resources of the three mainstay organizations of civil aviation namely, Airports Authority of India, Directorate General of Civil Aviation and Bureau of Civil Aviation Security.
(iv) It conducts training in airport management, maintenance, airport safety and regulations, HR discipline, etc. The Academy has collaboration with several international agencies such as ICAO, IATA, ACI, FAA, European Union and CATC, Thailand.
5. Delhi the most polluted city in the world: WHO
(i) As per a new study conducted by the World Health Organisation (WHO), the air in the national capital is laden with dangerous small particles of pollution, leapfrogging Beijing - the city which was once considered one of the most polluted. (ii) As per various studies conducted, air pollution is the fifth largest killer in India
(iii) The international organisation has measured that Delhi has the highest concentration of PM2.5 � particulate matters less than 2.5 microns� form of air pollution, which is considered most serious.
(iv) Thirteen of the dirtiest 20 cities were Indian, which included New Delhi, Patna, Gwalior and Raipur in the top four spots, while the Indian capital had an annual average of 153 micrograms of small particulates, known as PM2.5, per cubic metre.
(v) Beijing was in 77th place with a PM2.5 reading of 56, little over one-third of Delhi's pollution level, while at the cleaner end of the table, 32 cities reported a PM2.5 reading of less than 5 and three-quarters of those included Vancouver, Hafnarfjordur in Iceland and the other seven were American.
(vi) The database covers the period from 2008 to 2013, with the majority of values for the years 2011 and 2012.
6. India drop two places to 147 in FIFA rankings
(i) India have slid down two places to the 147th spot in the latest FIFA Rankings published on 8th May 8, 2014.
(ii) The national team has however, retained their rank in the continent as they continue to be placed 25th, though jointly with Singapore now, who are also placed 147th in the world rankings.
(iii) India have played only one match this year, when they locked horns with Bangladesh on 5th March. With the Indian Super League (ISL) saga in full throttle which could lead to congestion in the domestic fixtures, it poses a problem for setting dates for more international action.
(iv) Afghanistan are the highest ranked side in the sub-continent with a rank of 128 and while Iran are on top of the pile in Asia with an overall ranking of 37 followed by Japan (47) and Uzbekistan (53).
7. India gets Dubai Travel Mart award
(i) India has been honoured with New Frontiers Award at the Arabian travel mart in Dubai for its outstanding contribution to tourism development in the face of overwhelming adversity in Uttarakhand.
(ii) The award provides additional exhibition space at the event worth 10,000 US dollars. The award is in recognition of the repair, rebuild and recovery efforts made by India after the Himalayan catastrophy.
(iii) The award was received on behalf of the Government of India by the Economic Advisor in the Ministry of Tourism.
8. Jignesh Shah arrested in NSEL scam
(i) Jignesh Shah, former director of the scam-ridden National Spot Exchange Limited (NSEL), was arrested by the Mumbai police in connection with the nearly Rs.5,600-crore payment crisis.
(ii) The Economic Offences Wing (EOW) of the Mumbai police also arrested the Chief Financial Officer of Financial Technologies India Ltd. (FTIL), Srikant Javlekar.
(iii) On September 30, an investor had filed an FIR against the directors and key functionaries of NSEL for cheating, forgery, criminal breach of trust and conspiracy
(iv) According to the police, Mr. Shah masterminded the entire scam and engaged in a criminal conspiracy with the co-accused to turn NSEL into a non-banking institution. So far, 11 persons have been arrested in the case.
(v) In January, a charge-sheet had been filed against the NSEL CEO, Anjani Sinha, two vice-presidents � Amit Mukherjee and Jay Bahukhundi � and two borrowers of the beleaguered exchange � Nilesh Patel, managing director of NK Proteins and Arun Sharma, film financier and chairman of Lotus Refineries.
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